Glaxosmithkline Pharmaceuticals Ltd.
•₹ 2,902.2-3.25%
2026-08-21
PROS
- Company has delivered good profit growth of 29.2% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 60.3%
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.9%
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 31.0% from 25.4%
CONS
- Stock is trading at 16.9x its book value
- Recurring exceptional / one-off items are inflating headline profit
- Company has delivered a poor sales growth of 5.5% over past five years
- Growth is decelerating - 3Y profit CAGR (19.5%) trails the 5Y trend (29.2%)
- Expensive relative to growth - PEG of 2.5
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SUNPHARMA | 1898.00 | 37.65 | 455393.78 | 0.84 | 2901.23 | 26.53 | 15299.88 | 10.98 | 19.11 | 28.81 |
| 2. | DIVISLAB | 8525.00 | 77.37 | 226311.96 | 0.35 | 902.00 | 65.50 | 3080.00 | 27.80 | 21.51 | 40.75 |
| 3. | TORNTPHARM | 5013.00 | 87.43 | 190678.41 | 0.76 | 566.00 | 3.28 | 4921.00 | 57.32 | 19.27 | 33.81 |
| 4. | CIPLA | 1416.00 | 33.94 | 114392.01 | 0.92 | 785.55 | -39.18 | 7119.28 | 4.13 | 16.00 | 16.73 |
| 5. | ZYDUSLIFE | 1105.00 | 24.42 | 110224.17 | 0.09 | 990.20 | -34.90 | 8017.00 | 23.97 | 21.39 | 24.54 |
| 6. | LUPIN | 2220.00 | 18.36 | 101506.15 | 0.81 | 1416.98 | 16.01 | 8276.89 | 34.28 | 28.86 | 29.59 |
| 7. | MANKIND | 2391.00 | 48.34 | 98747.34 | 0.04 | 574.09 | 29.12 | 4030.59 | 12.89 | 13.24 | 26.30 |
| 8. | DRREDDY | 1171.00 | 30.33 | 97740.54 | 0.68 | 435.60 | -69.10 | 8099.80 | -5.21 | 13.75 | 10.63 |
| 9. | LAURUSLABS | 1807.00 | 89.30 | 97634.42 | 0.11 | 3620.70 | 2139.42 | 20263.10 | 1191.00 | 18.20 | 31.50 |
| 10. | AUROPHARMA | 1615.15 | 25.03 | 92932.16 | 0.25 | 1032.03 | 25.22 | 9150.35 | 17.44 | 12.76 | 20.54 |
| 11. | BIOCON | 414.30 | 136.32 | 67518.23 | 0.12 | 136.80 | 53.36 | 4336.00 | 10.89 | 3.26 | 19.54 |
| 12. | GLAXO | 3034.05 | 48.12 | 51398.64 | 1.88 | 237.18 | 15.69 | 938.44 | 16.55 | 66.79 | 31.49 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 762 | 957 | 805 | 930 | 815 | 1,011 | 949 | 974 | 805 | 980 | 1,041 | 995 | 938 | |
| 618 | 668 | 587 | 673 | 584 | 689 | 658 | 641 | 554 | 644 | 670 | 644 | 660 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 36 | 28 | 28 | 30 | 36 | 35 | 35 | 41 | 44 | 34 | 32 | 36 | 44 |
| 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 |
| 181 | 299 | 65 | 271 | 249 | 344 | 308 | 359 | 279 | 354 | 400 | 373 | 322 | |
| Tax % | 26.93% | 27.29% | 30.12% | 28.14% | 26.89% | 26.56% | 25.39% | 26.69% | 26.51% | 27.26% | 26.08% | 25.53% | 26.44% |
| Net Profit | 0 | 0 | 0 | 0 | 182 | 252 | 230 | 263 | 205 | 257 | 296 | 278 | 237 |
| 8 | 13 | 3 | 11 | 11 | 15 | 14 | 16 | 12 | 15 | 17 | 16 | 1 | |
| Equity Capital | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 762
- 618
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 0
- Depreciation
- 16
- 181
- Tax %
- 26.93%
- Net Profit
- 0
- 8
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 957
- 668
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 0
- Depreciation
- 18
- 299
- Tax %
- 27.29%
- Net Profit
- 0
- 13
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 805
- 587
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 0
- Depreciation
- 17
- 65
- Tax %
- 30.12%
- Net Profit
- 0
- 3
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 930
- 673
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 1
- Depreciation
- 18
- 271
- Tax %
- 28.14%
- Net Profit
- 0
- 11
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 815
- 584
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 0
- Depreciation
- 16
- 249
- Tax %
- 26.89%
- Net Profit
- 182
- 11
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,011
- 689
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 0
- Depreciation
- 17
- 344
- Tax %
- 26.56%
- Net Profit
- 252
- 15
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 949
- 658
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 0
- Depreciation
- 19
- 308
- Tax %
- 25.39%
- Net Profit
- 230
- 14
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 974
- 641
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 1
- Depreciation
- 15
- 359
- Tax %
- 26.69%
- Net Profit
- 263
- 16
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 805
- 554
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 0
- Depreciation
- 16
- 279
- Tax %
- 26.51%
- Net Profit
- 205
- 12
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 980
- 644
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 1
- Depreciation
- 17
- 354
- Tax %
- 27.26%
- Net Profit
- 257
- 15
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,041
- 670
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 1
- Depreciation
- 20
- 400
- Tax %
- 26.08%
- Net Profit
- 296
- 17
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 995
- 644
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 1
- Depreciation
- 13
- 373
- Tax %
- 25.53%
- Net Profit
- 278
- 16
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 938
- 660
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 1
- Depreciation
- 16
- 322
- Tax %
- 26.44%
- Net Profit
- 237
- 1
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 169
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,908 | 2,871 | 3,128 | 3,224 | 2,926 | 3,278 | 3,252 | 3,454 | 3,749 | 3,822 | 3,955 | |
| 2,489 | 2,366 | 2,527 | 2,567 | 2,327 | 2,516 | 2,447 | 2,545 | 2,572 | 2,512 | 2,618 | |
| Operating Profit | 492 | 560 | 703 | 736 | 709 | 838 | 905 | 1,031 | 1,323 | 1,455 | — |
| OPM % | 17 | 20 | 22 | 23 | 24 | 26 | 28 | 30 | 35 | 38 | — |
| Other Income | 73 | 55 | 102 | 79 | 111 | 76 | 101 | 123 | 146 | 145 | 145 |
| Interest | 0 | 0 | 1 | 6 | 4 | 2 | 2 | 2 | 1 | 3 | 3 |
| Depreciation | 26 | 38 | 49 | 83 | 79 | 68 | 66 | 70 | 67 | 66 | 67 |
| 511 | 540 | 683 | 306 | 454 | 779 | 836 | 816 | 1,260 | 1,406 | 1,449 | |
| Tax % | 34 | 35 | 35 | 70 | 37 | 51 | 27 | 28 | 26 | 26 | 26 |
| Net Profit | 337 | 351 | 445 | 93 | 287 | 381 | 608 | 590 | 928 | 1,036 | 1,068 |
| EPS | 40 | 21 | 26 | 6 | 21 | 100 | 36 | 35 | 55 | 61 | — |
| Dividend Payout % | 75 | 85 | 76 | 727 | 142 | 90 | 89 | 92 | 99 | 93 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 20 | 21 | 26 | 6 | 21 | 100 | 36 | 35 | 55 | 61 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 20 | 21 | 26 | 6 | 21 | 100 | 36 | 35 | 55 | 61 | — |
Mar 2017
- 2,908
- 2,489
- Operating Profit
- 492
- OPM %
- 17
- Other Income
- 73
- Interest
- 0
- Depreciation
- 26
- 511
- Tax %
- 34
- Net Profit
- 337
- EPS
- 40
- Dividend Payout %
- 75
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2018
- 2,871
- 2,366
- Operating Profit
- 560
- OPM %
- 20
- Other Income
- 55
- Interest
- 0
- Depreciation
- 38
- 540
- Tax %
- 35
- Net Profit
- 351
- EPS
- 21
- Dividend Payout %
- 85
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2019
- 3,128
- 2,527
- Operating Profit
- 703
- OPM %
- 22
- Other Income
- 102
- Interest
- 1
- Depreciation
- 49
- 683
- Tax %
- 35
- Net Profit
- 445
- EPS
- 26
- Dividend Payout %
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2020
- 3,224
- 2,567
- Operating Profit
- 736
- OPM %
- 23
- Other Income
- 79
- Interest
- 6
- Depreciation
- 83
- 306
- Tax %
- 70
- Net Profit
- 93
- EPS
- 6
- Dividend Payout %
- 727
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 2,926
- 2,327
- Operating Profit
- 709
- OPM %
- 24
- Other Income
- 111
- Interest
- 4
- Depreciation
- 79
- 454
- Tax %
- 37
- Net Profit
- 287
- EPS
- 21
- Dividend Payout %
- 142
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2022
- 3,278
- 2,516
- Operating Profit
- 838
- OPM %
- 26
- Other Income
- 76
- Interest
- 2
- Depreciation
- 68
- 779
- Tax %
- 51
- Net Profit
- 381
- EPS
- 100
- Dividend Payout %
- 90
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
Mar 2023
- 3,252
- 2,447
- Operating Profit
- 905
- OPM %
- 28
- Other Income
- 101
- Interest
- 2
- Depreciation
- 66
- 836
- Tax %
- 27
- Net Profit
- 608
- EPS
- 36
- Dividend Payout %
- 89
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
Mar 2024
- 3,454
- 2,545
- Operating Profit
- 1,031
- OPM %
- 30
- Other Income
- 123
- Interest
- 2
- Depreciation
- 70
- 816
- Tax %
- 28
- Net Profit
- 590
- EPS
- 35
- Dividend Payout %
- 92
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2025
- 3,749
- 2,572
- Operating Profit
- 1,323
- OPM %
- 35
- Other Income
- 146
- Interest
- 1
- Depreciation
- 67
- 1,260
- Tax %
- 26
- Net Profit
- 928
- EPS
- 55
- Dividend Payout %
- 99
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
Mar 2026
- 3,822
- 2,512
- Operating Profit
- 1,455
- OPM %
- 38
- Other Income
- 145
- Interest
- 3
- Depreciation
- 66
- 1,406
- Tax %
- 26
- Net Profit
- 1,036
- EPS
- 61
- Dividend Payout %
- 93
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
TTM
- 3,955
- 2,618
- Operating Profit
- —
- OPM %
- —
- Other Income
- 145
- Interest
- 3
- Depreciation
- 67
- 1,449
- Tax %
- 26
- Net Profit
- 1,068
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 3%
- 5 Years:
- 5%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- 24%
- 3 Years:
- 19%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 14%
- 3 Years:
- 29%
- 1 Year:
- 8%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 36%
- 3 Years:
- 44%
- Last Year:
- 49%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 85 | 85 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
| 1,922 | 1,973 | 1,970 | 1,651 | 1,309 | 2,494 | 1,574 | 1,617 | 1,797 | 2,114 | |
| Trade Payables | 279 | 506 | 406 | 357 | 466 | 579 | 428 | 625 | 708 | 570 |
| 4,302 | 5,076 | 5,259 | 845 | 1,067 | 1,278 | 1,022 | 998 | 1,293 | 1,337 | |
| Total Liabilities | 6,588 | 7,639 | 7,804 | 3,023 | 3,012 | 4,520 | 3,193 | 3,410 | 3,967 | 4,190 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 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 |
| 0 | 0 | 0 | 0 | 0 | 366 | 518 | 813 | 1,118 | 1,392 | |
| 426 | 500 | 486 | 483 | 547 | 535 | 460 | 525 | 482 | 458 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 222 | 293 | 273 | |
| Cash & Bank | 900 | 1,296 | 1,171 | 1,083 | 1,158 | 2,485 | 1,156 | 1,063 | 1,404 | 1,391 |
| 4,436 | 4,596 | 4,714 | 580 | 908 | 775 | 710 | 452 | 374 | 364 | |
| Total Assets | 6,588 | 7,639 | 7,804 | 3,023 | 3,012 | 4,520 | 3,193 | 3,410 | 3,967 | 4,190 |
| Total Debt | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 952 | 582 | 552 | 753 | 668 | 2,009 | 1,168 | 1,273 | 1,505 | 1,827 |
| Contingent Liabilities | 697 | 503 | 534 | 477 | 491 | 355 | 354 | 387 | 456 | 515 |
| Book Value per Share | 236.93 | 242.89 | 126.31 | 107.47 | 87.26 | 157.19 | 102.89 | 105.47 | 116.06 | 134.77 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 952 | 582 | 552 | 753 | 668 | 2,009 | 1,168 | 1,273 | 1,505 | 1,827 |
| Contingent Liabilities | 697 | 503 | 534 | 477 | 491 | 355 | 354 | 387 | 456 | 515 |
| Book Value per Share | 236.93 | 242.89 | 126.31 | 107.47 | 87.26 | 157.19 | 102.89 | 105.47 | 116.06 | 134.77 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 85
- 1,922
- Trade Payables
- 279
- 4,302
- Total Liabilities
- 6,588
- 253
- Capital Work in Progress
- 573
- 0
- 426
- 0
- Cash & Bank
- 900
- 4,436
- Total Assets
- 6,588
- Total Debt
- 2
- Net Working Capital
- 952
- Contingent Liabilities
- 697
- Book Value per Share
- 236.93
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 952
- Contingent Liabilities
- 697
- Book Value per Share
- 236.93
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 85
- 1,973
- Trade Payables
- 506
- 5,076
- Total Liabilities
- 7,639
- 323
- Capital Work in Progress
- 923
- 0
- 500
- 0
- Cash & Bank
- 1,296
- 4,596
- Total Assets
- 7,639
- Total Debt
- 1
- Net Working Capital
- 582
- Contingent Liabilities
- 503
- Book Value per Share
- 242.89
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 582
- Contingent Liabilities
- 503
- Book Value per Share
- 242.89
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 169
- 1,970
- Trade Payables
- 406
- 5,259
- Total Liabilities
- 7,804
- 430
- Capital Work in Progress
- 1,003
- 0
- 486
- 0
- Cash & Bank
- 1,171
- 4,714
- Total Assets
- 7,804
- Total Debt
- 1
- Net Working Capital
- 552
- Contingent Liabilities
- 534
- Book Value per Share
- 126.31
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 552
- Contingent Liabilities
- 534
- Book Value per Share
- 126.31
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 169
- 1,651
- Trade Payables
- 357
- 845
- Total Liabilities
- 3,023
- 757
- Capital Work in Progress
- 120
- 0
- 483
- 0
- Cash & Bank
- 1,083
- 580
- Total Assets
- 3,023
- Total Debt
- 0
- Net Working Capital
- 753
- Contingent Liabilities
- 477
- Book Value per Share
- 107.47
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 753
- Contingent Liabilities
- 477
- Book Value per Share
- 107.47
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 169
- 1,309
- Trade Payables
- 466
- 1,067
- Total Liabilities
- 3,012
- 386
- Capital Work in Progress
- 13
- 0
- 547
- 0
- Cash & Bank
- 1,158
- 908
- Total Assets
- 3,012
- Total Debt
- 0
- Net Working Capital
- 668
- Contingent Liabilities
- 491
- Book Value per Share
- 87.26
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 668
- Contingent Liabilities
- 491
- Book Value per Share
- 87.26
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 169
- 2,494
- Trade Payables
- 579
- 1,278
- Total Liabilities
- 4,520
- 329
- Capital Work in Progress
- 31
- 366
- 535
- 0
- Cash & Bank
- 2,485
- 775
- Total Assets
- 4,520
- Total Debt
- 0
- Net Working Capital
- 2,009
- Contingent Liabilities
- 355
- Book Value per Share
- 157.19
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 2,009
- Contingent Liabilities
- 355
- Book Value per Share
- 157.19
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 169
- 1,574
- Trade Payables
- 428
- 1,022
- Total Liabilities
- 3,193
- 329
- Capital Work in Progress
- 20
- 518
- 460
- 0
- Cash & Bank
- 1,156
- 710
- Total Assets
- 3,193
- Total Debt
- 0
- Net Working Capital
- 1,168
- Contingent Liabilities
- 354
- Book Value per Share
- 102.89
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,168
- Contingent Liabilities
- 354
- Book Value per Share
- 102.89
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 169
- 1,617
- Trade Payables
- 625
- 998
- Total Liabilities
- 3,410
- 320
- Capital Work in Progress
- 14
- 813
- 525
- 222
- Cash & Bank
- 1,063
- 452
- Total Assets
- 3,410
- Total Debt
- 0
- Net Working Capital
- 1,273
- Contingent Liabilities
- 387
- Book Value per Share
- 105.47
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,273
- Contingent Liabilities
- 387
- Book Value per Share
- 105.47
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 169
- 1,797
- Trade Payables
- 708
- 1,293
- Total Liabilities
- 3,967
- 283
- Capital Work in Progress
- 14
- 1,118
- 482
- 293
- Cash & Bank
- 1,404
- 374
- Total Assets
- 3,967
- Total Debt
- 0
- Net Working Capital
- 1,505
- Contingent Liabilities
- 456
- Book Value per Share
- 116.06
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,505
- Contingent Liabilities
- 456
- Book Value per Share
- 116.06
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 169
- 2,114
- Trade Payables
- 570
- 1,337
- Total Liabilities
- 4,190
- 280
- Capital Work in Progress
- 33
- 1,392
- 458
- 273
- Cash & Bank
- 1,391
- 364
- Total Assets
- 4,190
- Total Debt
- 0
- Net Working Capital
- 1,827
- Contingent Liabilities
- 515
- Book Value per Share
- 134.77
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,827
- Contingent Liabilities
- 515
- Book Value per Share
- 134.77
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 234 | 473 | 409 | 490 | 578 | 811 | 484 | 582 | 1,290 | 903 | |
| Cash from Investing | 301 | -104 | -153 | -57 | 418 | -406 | 808 | 9 | -46 | 397 |
| Cash from Financing | -511 | -307 | -358 | -428 | -696 | -524 | -1,543 | -561 | -769 | -737 |
| 24 | 62 | -102 | 6 | 300 | -119 | -251 | 29 | 475 | 563 | |
| Free Cash Flow | -142 | 16 | 177 | 480 | 578 | 802 | 452 | 559 | 1,286 | 835 |
| OCF / Net Profit | 0.70 | 1.35 | 0.92 | 5.26 | 2.01 | 2.13 | 0.80 | 0.99 | 1.39 | 0.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,109 | 2,053 | 2,489 | 2,871 | 3,678 | 3,935 |
| OCF / Net Profit | 0.70 | 1.35 | 0.92 | 5.26 | 2.01 | 2.13 | 0.80 | 0.99 | 1.39 | 0.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,109 | 2,053 | 2,489 | 2,871 | 3,678 | 3,935 |
Mar 2017
- 234
- Cash from Investing
- 301
- Cash from Financing
- -511
- 24
- Free Cash Flow
- -142
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 0
Mar 2018
- 473
- Cash from Investing
- -104
- Cash from Financing
- -307
- 62
- Free Cash Flow
- 16
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Mar 2019
- 409
- Cash from Investing
- -153
- Cash from Financing
- -358
- -102
- Free Cash Flow
- 177
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
Mar 2020
- 490
- Cash from Investing
- -57
- Cash from Financing
- -428
- 6
- Free Cash Flow
- 480
- OCF / Net Profit
- 5.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.26
- Cumulative 5-Year FCF
- 0
Mar 2021
- 578
- Cash from Investing
- 418
- Cash from Financing
- -696
- 300
- Free Cash Flow
- 578
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 1,109
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 1,109
Mar 2022
- 811
- Cash from Investing
- -406
- Cash from Financing
- -524
- -119
- Free Cash Flow
- 802
- OCF / Net Profit
- 2.13
- Cumulative 5-Year FCF
- 2,053
- OCF / Net Profit
- 2.13
- Cumulative 5-Year FCF
- 2,053
Mar 2023
- 484
- Cash from Investing
- 808
- Cash from Financing
- -1,543
- -251
- Free Cash Flow
- 452
- OCF / Net Profit
- 0.80
- Cumulative 5-Year FCF
- 2,489
- OCF / Net Profit
- 0.80
- Cumulative 5-Year FCF
- 2,489
Mar 2024
- 582
- Cash from Investing
- 9
- Cash from Financing
- -561
- 29
- Free Cash Flow
- 559
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 2,871
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 2,871
Mar 2025
- 1,290
- Cash from Investing
- -46
- Cash from Financing
- -769
- 475
- Free Cash Flow
- 1,286
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 3,678
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 3,678
Mar 2026
- 903
- Cash from Investing
- 397
- Cash from Financing
- -737
- 563
- Free Cash Flow
- 835
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 3,935
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 3,935
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 39.76 | 41.41 | 26.29 | 5.50 | 21.14 | 100.04 | 36.05 | 34.83 | 54.76 | 61.15 |
| Book Value (₹) | 236.93 | 242.89 | 126.31 | 107.47 | 87.26 | 157.19 | 102.89 | 105.47 | 116.06 | 134.77 |
| Dividend per Share (₹) | 30.00 | 35.00 | 20.00 | 40.00 | 30.00 | 90.00 | 32.00 | 32.00 | 54.00 | 57.00 |
| Cash EPS (₹) | 21.44 | 22.95 | 29.16 | 10.38 | 21.60 | 26.50 | 39.75 | 38.94 | 58.70 | 65.08 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.40% | 18.56% | 22.48% | 21.90% | 22.68% | 23.30% | 25.36% | 24.01% | 28.56% | 31.01% |
| Net Margin % | 11.23% | 11.62% | 14.24% | 2.77% | 9.19% | 10.59% | 17.03% | 15.59% | 22.50% | 24.54% |
| ROE % | 16.08% | 17.26% | 21.22% | 4.71% | 17.42% | 18.39% | 27.58% | 33.43% | 49.43% | 48.76% |
| ROCE % | 24.39% | 26.56% | 32.54% | 15.76% | 27.74% | 37.72% | 38.06% | 46.49% | 67.64% | 66.79% |
| 5.16% | 4.93% | 5.77% | 1.72% | 9.52% | 10.11% | 15.76% | 17.87% | 25.15% | 25.40% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 18 | 19 | 16 | 12 | 18 | 21 | 20 | 20 | 23 | 24 |
| Inventory Days | 58 | 56 | 58 | 53 | 60 | 55 | 51 | 47 | 45 | 41 |
| Payable Days | 79 | 115 | 123 | 106 | 120 | 141 | 143 | 144 | 175 | 173 |
| -3 | -40 | -49 | -42 | -41 | -64 | -72 | -77 | -108 | -108 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 2045.74x | 2856.45x | 1232.59x | 49.26x | 129.56x | 391.29x | 462.54x | 454.77x | 960.03x | 515.59x |
| 2.08x | 1.20x | 1.20x | 1.74x | 1.49x | 2.18x | 1.88x | 1.84x | 1.79x | 2.03x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 2.49% | -1.27% | 8.94% | 3.08% | -9.27% | 12.05% | -0.80% | 6.21% | 8.56% | 1.93% |
| Operating Profit Growth % | -18.19% | 13.88% | 25.48% | 4.71% | -3.74% | 18.19% | 8.03% | 13.96% | 28.32% | 9.92% |
| Net Profit Growth % | -10.46% | 4.13% | 26.99% | -79.07% | 208.21% | 32.55% | 59.58% | -2.91% | 57.23% | 11.69% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3.39% | 57.23% | 11.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 55.80x | 52.55x | 37.34x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.42x | 24.79x | 16.94x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.65% | 1.88% | 2.50% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 30.89x | 35.77x | 25.64x |
Mar 2017
- EPS (₹)
- 39.76
- Book Value (₹)
- 236.93
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 21.44
- Operating Margin %
- 16.40%
- Net Margin %
- 11.23%
- ROE %
- 16.08%
- ROCE %
- 24.39%
- 5.16%
- Debtor Days
- 18
- Inventory Days
- 58
- Payable Days
- 79
- -3
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2045.74x
- 2.08x
- Revenue Growth %
- 2.49%
- Operating Profit Growth %
- -18.19%
- Net Profit Growth %
- -10.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 41.41
- Book Value (₹)
- 242.89
- Dividend per Share (₹)
- 35.00
- Cash EPS (₹)
- 22.95
- Operating Margin %
- 18.56%
- Net Margin %
- 11.62%
- ROE %
- 17.26%
- ROCE %
- 26.56%
- 4.93%
- Debtor Days
- 19
- Inventory Days
- 56
- Payable Days
- 115
- -40
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2856.45x
- 1.20x
- Revenue Growth %
- -1.27%
- Operating Profit Growth %
- 13.88%
- Net Profit Growth %
- 4.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 26.29
- Book Value (₹)
- 126.31
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 29.16
- Operating Margin %
- 22.48%
- Net Margin %
- 14.24%
- ROE %
- 21.22%
- ROCE %
- 32.54%
- 5.77%
- Debtor Days
- 16
- Inventory Days
- 58
- Payable Days
- 123
- -49
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1232.59x
- 1.20x
- Revenue Growth %
- 8.94%
- Operating Profit Growth %
- 25.48%
- Net Profit Growth %
- 26.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 5.50
- Book Value (₹)
- 107.47
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 10.38
- Operating Margin %
- 21.90%
- Net Margin %
- 2.77%
- ROE %
- 4.71%
- ROCE %
- 15.76%
- 1.72%
- Debtor Days
- 12
- Inventory Days
- 53
- Payable Days
- 106
- -42
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 49.26x
- 1.74x
- Revenue Growth %
- 3.08%
- Operating Profit Growth %
- 4.71%
- Net Profit Growth %
- -79.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 21.14
- Book Value (₹)
- 87.26
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 21.60
- Operating Margin %
- 22.68%
- Net Margin %
- 9.19%
- ROE %
- 17.42%
- ROCE %
- 27.74%
- 9.52%
- Debtor Days
- 18
- Inventory Days
- 60
- Payable Days
- 120
- -41
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 129.56x
- 1.49x
- Revenue Growth %
- -9.27%
- Operating Profit Growth %
- -3.74%
- Net Profit Growth %
- 208.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 100.04
- Book Value (₹)
- 157.19
- Dividend per Share (₹)
- 90.00
- Cash EPS (₹)
- 26.50
- Operating Margin %
- 23.30%
- Net Margin %
- 10.59%
- ROE %
- 18.39%
- ROCE %
- 37.72%
- 10.11%
- Debtor Days
- 21
- Inventory Days
- 55
- Payable Days
- 141
- -64
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 391.29x
- 2.18x
- Revenue Growth %
- 12.05%
- Operating Profit Growth %
- 18.19%
- Net Profit Growth %
- 32.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 36.05
- Book Value (₹)
- 102.89
- Dividend per Share (₹)
- 32.00
- Cash EPS (₹)
- 39.75
- Operating Margin %
- 25.36%
- Net Margin %
- 17.03%
- ROE %
- 27.58%
- ROCE %
- 38.06%
- 15.76%
- Debtor Days
- 20
- Inventory Days
- 51
- Payable Days
- 143
- -72
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 462.54x
- 1.88x
- Revenue Growth %
- -0.80%
- Operating Profit Growth %
- 8.03%
- Net Profit Growth %
- 59.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 34.83
- Book Value (₹)
- 105.47
- Dividend per Share (₹)
- 32.00
- Cash EPS (₹)
- 38.94
- Operating Margin %
- 24.01%
- Net Margin %
- 15.59%
- ROE %
- 33.43%
- ROCE %
- 46.49%
- 17.87%
- Debtor Days
- 20
- Inventory Days
- 47
- Payable Days
- 144
- -77
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 454.77x
- 1.84x
- Revenue Growth %
- 6.21%
- Operating Profit Growth %
- 13.96%
- Net Profit Growth %
- -2.91%
- -3.39%
- P/E (x)
- 55.80x
- P/B (x)
- 18.42x
- Dividend Yield %
- 1.65%
- 30.89x
Mar 2025
- EPS (₹)
- 54.76
- Book Value (₹)
- 116.06
- Dividend per Share (₹)
- 54.00
- Cash EPS (₹)
- 58.70
- Operating Margin %
- 28.56%
- Net Margin %
- 22.50%
- ROE %
- 49.43%
- ROCE %
- 67.64%
- 25.15%
- Debtor Days
- 23
- Inventory Days
- 45
- Payable Days
- 175
- -108
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 960.03x
- 1.79x
- Revenue Growth %
- 8.56%
- Operating Profit Growth %
- 28.32%
- Net Profit Growth %
- 57.23%
- 57.23%
- P/E (x)
- 52.55x
- P/B (x)
- 24.79x
- Dividend Yield %
- 1.88%
- 35.77x
Mar 2026
- EPS (₹)
- 61.15
- Book Value (₹)
- 134.77
- Dividend per Share (₹)
- 57.00
- Cash EPS (₹)
- 65.08
- Operating Margin %
- 31.01%
- Net Margin %
- 24.54%
- ROE %
- 48.76%
- ROCE %
- 66.79%
- 25.40%
- Debtor Days
- 24
- Inventory Days
- 41
- Payable Days
- 173
- -108
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 515.59x
- 2.03x
- Revenue Growth %
- 1.93%
- Operating Profit Growth %
- 9.92%
- Net Profit Growth %
- 11.69%
- 11.69%
- P/E (x)
- 37.34x
- P/B (x)
- 16.94x
- Dividend Yield %
- 2.50%
- 25.64x
Documents
Announcements
- General Updates
2026-08-19 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about General Updates
- Copy of Newspaper Publication
2026-08-14 - GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
Feb 2026

