GLENMARK · NSE

Glenmark Pharmaceuticals Limited

₹2,447.4

+1.30% (+₹31.4)

Prev. close

₹2,416

Volume

5,45,520

Delivery %

66.5%

As of

18 Sept 2026

Price history

Bullish

Jay Thakkar · ICICI Securities · 09 Sept 2026

Bullish on Glenmark Pharmaceuticals futures, recommending a buy in the ₹2,480-2,490 range with a stop loss below ₹2,440 and targets of ₹2,560-2,600. The stock is in a clear uptrend, forming higher lows and highs, supported by long build-up and expected call unwinding from options data. ₹2,400 acts as strong support.

Entry ₹2,480–₹2,490Target ₹2,560 (+3.2%)Stop ₹2,440 (-1.6%)R:R 2.0:1Never triggered — entry didn't fill

Published mid-session at 09:31 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹2,560PENDINGCall pageClear
Loading 15-min bars since the call…
Jay Thakkar's call · 09 Sept 2026

Analyst sentiment

Analysts lean bullish

5 analyst stances · last 90 days · one per analyst

Trackable

5 · 5 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (5)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on Glenmark Pharmaceuticals futures, recommending a buy in the ₹2,480-2,490 range with a stop loss below ₹2,440 …Jay ThakkarICICI SecuritiesGlenmark PharmaceuticalsPENDING
Bullish on Glenmark Pharmaceuticals futures, recommending a buy in the ₹2,480-2,490 range with a stop loss below ₹2,440 and targets of ₹2,560-2,600. The stock is in a clear uptrend, forming higher lows and highs, supported by long build-up and expected call unwinding from options data. ₹2,400 acts as strong support.
Trade setupTarget ₹2,560Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited, together with its subsidiaries, research, develops, manufactures, and sells generics, specialty medicines, and over the counter (OTC) pharmaceutical products in India, North America, Europe, and internationally. The company provides various products in the therapeutic areas of dermatology, respiratory, oncology, cardiology, diabetes, gynecology, gastroenterology, and anti-infective in the dosage forms of complex injectables and biologics, oral solids, liquids, topical products, and respiratory-metered dose inhaler, dry powder inhaler, and nasal sprays. Its product pipeline includes ISB 2001, a CD38 x BCMA x CD3 trispecific T cell engager, which is in Phase 1 clinical trial for indication of multiple myeloma; ISB 2301, a Multispecific Immune Cell Activator that is in preclinical trial for solid tumors; ISB 2302, a bispecific immune modulator with an indication for hematologic and solid tumors; and ISB 2501, a trispecific T-cell engager indicated for solid tumors. The company's pipeline also comprises ISB 880, an IL-1RAP antagonist monoclonal antibody, which is in Phase 2 clinical trial for the treatment of hidradenitis suppurativa; and telazorlimab and ISB 830-X8, a OX40 antagonist mAb for the treatment of atopic dermatitis. In addition, the company offers Ryaltris, fixed-dose nasal spray for the treatment of allergic rhinitis. The company was incorporated in 1977 and is based in Mumbai, India.

Details

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic

CEO

Mr. Glenn Mario Saldanha

Headquarters

Mumbai

Employees

16,946

Key stats

Market cap

₹68,185.48 Cr

P/E ratio (TTM)

38.0

Dividend yield

0.31%

EPS (TTM)

₹63.62

Beta (1Y · daily vs NIFTY 50)

0.87

Beta (5Y · monthly vs NIFTY 50)

0.86

Shares float

14.16 Cr

EPS · quarter ended Jun 2026

₹17.11

Upcoming earnings

30 Oct 2026

Financial Performance

01 · Financials

-20000 Cr0 Cr20000 Cr-20%0%20%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-100-50050FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

01230%25%50%75%100%17 Sept 2008 Sept 2112 Sept 2218 Sept 2313 Sept 2415 Sept 2503 Oct 2531 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2500 Cr0 Cr2500 Cr5000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹10,943.93 Cr₹12,304.90 Cr₹11,431.94 Cr₹11,813.10 Cr₹13,321.74 Cr₹16,982.51 Cr
EBITDA₹2,179.14 Cr₹2,226.06 Cr₹1,200.15 Cr₹1,183.27 Cr₹2,092.28 Cr₹2,766.95 Cr
₹970.09 Cr₹941.71 Cr₹297.25 Cr₹-1,501.67 Cr₹1,047.10 Cr₹1,361.85 Cr
Diluted EPS₹34.38₹33.37₹10.53₹-53.22₹37.1₹48.24

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹15,575.00 Cr₹17,052.00 Cr₹19,371.00 Cr₹14,358.00 Cr₹15,991.00 Cr₹19,907.00 Cr
₹3,962.02 Cr₹4,607.88 Cr₹1,230.93 Cr₹2,472.67 Cr₹593.53 Cr
Stockholders' equity₹7,064.00 Cr₹9,086.00 Cr₹9,474.00 Cr₹7,848.00 Cr₹8,849.00 Cr₹10,512.00 Cr

Current assets, Inventory, Cash & equivalents, Non-current assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,131.00 Cr₹1,109.00 Cr₹625.00 Cr₹-265.00 Cr₹-828.00 Cr₹3,445.00 Cr
Investing cash flow₹-675.24 Cr₹-333.28 Cr₹-528.49 Cr₹4,560.89 Cr₹2.09 Cr₹-1,283.23 Cr
₹-442.00 Cr₹-520.00 Cr₹-77.00 Cr₹-3,906.00 Cr₹787.00 Cr₹-2,709.00 Cr
Capital expenditure₹-775.00 Cr₹-790.00 Cr₹-608.00 Cr₹-898.00 Cr₹-751.00 Cr₹-1,358.00 Cr
End cash position₹1,138.10 Cr₹1,410.53 Cr₹1,443.03 Cr₹1,658.27 Cr₹1,675.71 Cr₹1,174.71 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 20Sep 21Dec 23(10Q)Mar 24Jun 24Jun 26(9Q)
Promoter46.63%46.65%46.64%46.65%
Public53.37%53.35%53.36%53.35%
Employee trusts0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Healthcare

Company
Sun Pharmaceutical Industries Limited₹4.48 L Cr₹1,837.337.05.3613.7%0.06+11.9%+11.4%
Divi's Laboratories Limited₹2.47 L Cr₹9,37583.314.7715.3%0.00+12.3%+53.4%
Torrent Pharmaceuticals Limited₹1.83 L Cr₹4,87576.921.8225.8%1.79+21.5%+37.4%
Apollo Hospitals Enterprise Limited₹1.26 L Cr₹8,944.560.413.3020.5%0.90+15.7%+13.9%
Lenskart Solutions Limited₹1.18 L Cr₹707.2179.913.485.6%0.35+35.4%
Zydus Lifesciences Limited₹1.13 L Cr₹1,16025.34.1818.6%0.46+18.4%+10.7%
Cipla Limited₹1.10 L Cr₹1,376.332.53.1911.3%0.02+2.1%-11.8%
Laurus Labs Limited₹1.05 L Cr₹1,95496.419.8616.8%0.48+22.0%+111.6%
Max Healthcare Institute Limited₹1.01 L Cr₹1,049.369.89.3913.4%0.32+19.0%-10.6%
Dr. Reddy's Laboratories Limited₹97,876.16 Cr₹1,18529.62.6011.4%0.21+3.2%-10.4%
Manipal Health Enterprises Limited₹97,364.22 Cr₹738.95146.611.567.8%1.53+18.0%
Glenmark Pharmaceuticals Limited₹68,185.48 Cr₹2,447.438.06.4913.0%0.06+27.1%+16.1%

Ranked by market cap within Healthcare, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 27

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

41 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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