Glaxosmithkline Pharmaceuticals Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDHealthcare
This stance relies on proxies and positioning because no direct pharma-export or healthcare operating series exists in the dataset. The depreciated currency at 95.23 (Sep/26) can support export earnings, inflation at 4.45% (Jul/26) is manageable for a defensive sector, and consumer spending remains large at INR 44743 billion (Jun/26). Strong FPI inflow of INR 10620 crore over 3 months to 2026-08-31 from INR -11381 crore in the prior 3 months adds a real sector-specific tailwind, but confidence stays capped because the fundamental drivers are indirect proxies.
PROS
- Company has delivered good profit growth of 28.7% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 59.5%
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
- Operating margins have improved to 31.0% from 25.5%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.09x)
CONS
- Stock is trading at 17.1x its book value
- Recurring exceptional / one-off items are inflating headline profit
- Company has delivered a poor sales growth of 5.4% over past five years
- Growth is decelerating - 3Y profit CAGR (18.7%) trails the 5Y trend (28.7%)
- Expensive relative to growth - PEG of 2.5
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SUNPHARMA | 1868.50 | 37.06 | 448315.74 | 0.86 | 2901.23 | 26.53 | 15299.88 | 10.98 | 19.11 | 28.81 |
| DIVISLAB | 9482.75 | 86.06 | 251737.22 | 0.32 | 902.00 | 65.50 | 3080.00 | 27.80 | 21.51 | 40.75 |
| TORNTPHARM | 4931.90 | 86.01 | 187593.62 | 0.77 | 566.00 | 3.28 | 4921.00 | 57.32 | 19.27 | 33.81 |
| ZYDUSLIFE | 1129.00 | 24.95 | 112618.18 | 0.09 | 990.20 | -34.90 | 8017.00 | 23.97 | 21.39 | 24.54 |
| CIPLA | 1368.00 | 32.79 | 110515.04 | 0.95 | 785.55 | -39.18 | 7119.28 | 4.13 | 16.00 | 16.73 |
| LAURUSLABS | 1933.25 | 95.54 | 104455.86 | 0.10 | 362.07 | 123.94 | 2026.31 | 29.10 | 18.20 | 31.50 |
| AUROPHARMA | 1690.00 | 26.19 | 97238.86 | 0.24 | 1032.03 | 25.22 | 9150.35 | 17.44 | 12.76 | 20.54 |
| LUPIN | 2092.00 | 17.30 | 95660.02 | 0.86 | 1416.98 | 16.01 | 8276.89 | 34.28 | 28.86 | 29.59 |
| DRREDDY | 1143.20 | 29.61 | 95420.61 | 0.70 | 435.60 | -69.10 | 8099.80 | -5.21 | 13.75 | 10.63 |
| MANKIND | 2266.00 | 45.82 | 93596.02 | 0.04 | 574.09 | 29.12 | 4030.59 | 12.89 | 13.24 | 26.30 |
| GLENMARK | 2439.55 | 38.29 | 68850.12 | 0.10 | 482.83 | 927.88 | 4018.48 | 31.35 | 20.35 | 20.03 |
| GLAXO | 2886.15 | 45.77 | 48893.12 | 1.97 | 237.18 | 15.69 | 938.44 | 16.55 | 66.79 | 31.49 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 738 | 953 | 805 | 911 | 811 | 1,000 | 946 | 966 | 805 | 974 | 1,023 | 989 | 924 | |
| 597 | 667 | 587 | 656 | 582 | 681 | 656 | 635 | 554 | 639 | 655 | 642 | 648 | |
| Operating Profit | 141 | 287 | 218 | 255 | 229 | 319 | 290 | 331 | 251 | 335 | 368 | 347 | 276 |
| OPM % | 19.14% | 30.06% | 27.02% | 28.03% | 28.29% | 31.89% | 30.66% | 34.24% | 31.16% | 34.37% | 35.95% | 35.10% | 29.89% |
| 54 | 28 | -135 | 32 | 36 | 37 | 35 | 39 | 44 | 34 | 32 | 36 | 62 | |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 16 | 18 | 17 | 18 | 16 | 17 | 19 | 15 | 16 | 17 | 20 | 13 | 16 |
| Profit before Tax | 179 | 297 | 65 | 269 | 248 | 339 | 306 | 355 | 279 | 351 | 378 | 369 | 338 |
| Tax % | 26.93% | 27.31% | 30.13% | 28.15% | 26.90% | 26.58% | 25.39% | 26.70% | 26.52% | 27.28% | 26.65% | 25.51% | 25.05% |
| Net Profit | 131 | 216 | 45 | 193 | 182 | 249 | 229 | 260 | 205 | 255 | 277 | 275 | 253 |
| 7.71 | 12.72 | 2.69 | 11.29 | 10.72 | 14.45 | 13.49 | 15.35 | 12.08 | 14.92 | 16.36 | 16.23 | 14.95 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,903 | 2,872 | 3,129 | 3,225 | 2,920 | 3,218 | 3,216 | 3,407 | 3,723 | 3,790 | 3,910 | |
| 2,483 | 2,363 | 2,522 | 2,566 | 2,323 | 2,462 | 2,417 | 2,507 | 2,554 | 2,490 | 2,584 | |
| Operating Profit | 420 | 508 | 606 | 658 | 598 | 756 | 799 | 901 | 1,169 | 1,300 | 1,326 |
| OPM % | 14.47% | 17.71% | 19.39% | 20.42% | 20.47% | 23.49% | 24.86% | 26.43% | 31.40% | 34.30% | 33.91% |
| 118 | 71 | 106 | -247 | -62 | 88 | 101 | -20 | 147 | 145 | 163 | |
| Interest | 0 | 0 | 1 | 6 | 4 | 2 | 2 | 2 | 1 | 3 | 3 |
| Depreciation | 26 | 38 | 49 | 83 | 79 | 68 | 66 | 70 | 67 | 66 | 67 |
| Profit before Tax | 511 | 542 | 664 | 322 | 453 | 773 | 832 | 809 | 1,248 | 1,376 | 1,436 |
| Tax % | 34.11% | 35.01% | 35.91% | 65.88% | 36.75% | 51.31% | 27.35% | 27.73% | 26.38% | 26.48% | 26.13% |
| Net Profit | 337 | 352 | 425 | 110 | 287 | 377 | 605 | 585 | 919 | 1,012 | 1,060 |
| EPS | 39.76 | 20.78 | 25.11 | 6.50 | 21.10 | 99.79 | 35.88 | 34.51 | 54.25 | 59.73 | — |
| Dividend Payout % | 75.45% | 84.22% | 79.65% | 615.73% | 177.27% | 404.87% | 89.65% | 92.72% | 99.54% | 95.43% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 3%
- 5 Years:
- 5%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 10%
- 5 Years:
- 29%
- 3 Years:
- 19%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 13%
- 3 Years:
- 25%
- 1 Year:
- 0%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 35%
- 3 Years:
- 43%
- Last Year:
- 48%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 85 | 85 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
| 1,944 | 1,995 | 1,973 | 1,671 | 1,328 | 2,508 | 1,585 | 1,624 | 1,795 | 2,087 | |
| 4 | 3 | 2 | 29 | 22 | 10 | 4 | 7 | 2 | 17 | |
| Trade Payables | 276 | 503 | 403 | 354 | 448 | 555 | 419 | 613 | 704 | 550 |
| 4,238 | 5,013 | 5,230 | 800 | 1,028 | 1,267 | 1,017 | 989 | 1,290 | 1,317 | |
| Total Liabilities | 6,546 | 7,598 | 7,778 | 3,023 | 2,995 | 4,510 | 3,195 | 3,402 | 3,960 | 4,141 |
| 253 | 323 | 430 | 757 | 386 | 329 | 329 | 320 | 283 | 280 | |
| Capital Work in Progress | 573 | 923 | 1,003 | 120 | 13 | 31 | 20 | 14 | 14 | 33 |
| 48 | 48 | 25 | 24 | 24 | 390 | 543 | 838 | 1,143 | 1,416 | |
| 425 | 500 | 486 | 483 | 523 | 513 | 438 | 514 | 463 | 430 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 222 | 293 | 273 | |
| Cash & Bank | 882 | 1,280 | 1,155 | 1,066 | 1,158 | 2,479 | 1,151 | 1,061 | 1,401 | 1,355 |
| 4,365 | 4,525 | 4,679 | 572 | 891 | 768 | 714 | 432 | 364 | 354 | |
| Total Assets | 6,546 | 7,598 | 7,778 | 3,023 | 2,995 | 4,510 | 3,195 | 3,402 | 3,960 | 4,141 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 390 | 676 | 621 | 705 | 760 | 968 | 758 | 718 | 1,280 | 881 | |
| Cash from Investing | 303 | -107 | -154 | -63 | 408 | -420 | 805 | 15 | -37 | 385 |
| Cash from Financing | -511 | -307 | -358 | -428 | -696 | -524 | -1,544 | -561 | -769 | -737 |
| 25 | 61 | -102 | 0 | 307 | -124 | -251 | 32 | 474 | 530 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-02 - GlaxoSmithKline PharmCorrigendum to the Notice of Postal Ballot dated August 3, 2026 aceuticals Limited has informed the Exchange about General UpdatesCorrigendum to the Notice of Postal Ballot dated August 3, 2026
2026-09-02 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange regarding Notice of Postal Ballot
2026-09-02 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-19 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about General Updates
2026-08-14 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-13 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange regarding Notice of Postal Ballot
2026-08-06 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Transcript
2026-08-06 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Action(s) taken or orders passed
2026-08-05 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Link of Recording
News
Recent coverage and analyst commentary for GLAXO
Loading news…
AI Stock Analyst
Glaxosmithkline Pharmaceuticals Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account