Glenmark Pharmaceuticals Ltd.

NSE: GLENMARK
NIFTY200
Analyst consensus:Constructive· 11 analysts
₹2,180.60+33.6%1Y
Last updated 03:00:15 IST· Public market feed (~15 min delay during market hours)

Glenmark Pharmaceuticals Ltd.: A 30-second snapshot

Glenmark Pharmaceuticals trades at ₹2,340.6, up 69.8% over the past year and 5.4% below its 52-week high, with RSI at 55 (neutral). The stock sits above both the 50-DMA (₹2,226) and 200-DMA (₹2,041). A trailing PE of 61.7 and a forward PE of 29.1 reflect market pricing of earnings improvement, while a debt-to-equity of 12.78 and a profit margin of 6.45% remain notable structural metrics.

P/E

61.7

Forward P/E

29.1

ROE

Debt / Equity

12.78

Profit Margin

+6.5%

Div. Yield

+0.2%

5Y ROE > 15%

0/5

5Y FCF > 0

2/5

Quality

41/100

Recent context

  • ·Business Standard reported five consecutive sessions of price decline as of 12 May 2026, contrasting with the stock's 69.8% gain over the full prior year.
  • ·Religare Broking and Business Today named GLENMARK among short-term stock picks in late April 2026; these are third-party views and not a reflection of VivaTrades analysis.
  • ·News flow over the tracked window is sparse at 6 total articles (3 positive, 2 neutral, 1 negative), limiting the representativeness of any sentiment reading.

Strengths

  • +5-year revenue and earnings growth of 15.1% and 15.8% respectively, indicating consistent top-line and bottom-line expansion over the medium term.
  • +Debt trend is classified as falling, suggesting the elevated D/E ratio of 12.78 may be on a downward trajectory from a higher base.
  • +Price is above both the 50-DMA (₹2,226) and 200-DMA (₹2,041), with a 52-week drawdown of only 5.4%, reflecting relative price resilience near recent highs.
  • +Forward PE of 29.1 represents a meaningful compression from the trailing PE of 61.7, implying analyst consensus anticipates significant earnings improvement in the near term.

Weaknesses

  • Debt-to-equity of 12.78 is substantially above sector peers — Cipla and Dr. Reddys both report D/E well below 1.0 — representing a material structural leverage differential.
  • ROE was above 15% in 0 of the tracked years, and the persistence consistency score of 20 out of 100 reflects weak capital efficiency across the measurement window.
  • Free cash flow was positive in only 2 of the tracked years, indicating the business has predominantly consumed cash despite medium-term earnings growth.
  • Quality score of 41 ranks 4th of 6 sector peers, and trailing PE of 61.7 also ranks 4th of 6, placing GLENMARK below SUNPHARMA and MAXHEALTH on both quality and relative valuation within the sector.

Open questions

  • ?Does the falling debt trend reflect a deliberate de-leveraging plan, and over what horizon does management project D/E to reach sector-comparable levels?
  • ?How much of the 15.8% five-year earnings growth is attributable to operational improvement versus financial restructuring or one-time items, given that FCF was positive in only 2 of the tracked years?
  • ?The forward PE of 29.1 versus trailing PE of 61.7 implies a near-doubling of earnings — what specific revenue or margin drivers are expected to produce that step-change?
  • ?Given that 4 of 5 sector peers have missing ROE data and 1-year price change data is unavailable for all peers, how does GLENMARK's risk-adjusted quality profile compare to the broader pharma universe beyond this peer set?

Peer comparison: Pharma

Ranks 4 of 6 on quality
SymbolNameP/EROEQuality
GLENMARKGlenmark Pharmaceuticals Ltd.You're viewing61.741
Industry avgacross 5 peers47.0+11.8%37
MAXHEALTHMax Healthcare Institute Ltd.72.554
SUNPHARMASun Pharmaceutical Industries Ltd.41.350
APOLLOHOSPApollo Hospitals Enterprise Ltd.64.642
CIPLACipla Ltd.29.8+11.7%24
DRREDDYDr. Reddy's Laboratories Ltd.26.6+11.8%17

Technical state

Current price

₹2,340.60

SMA 50

₹2,226.57

SMA 200

₹2,040.91

RSI (14)

55.4 (neutral)

From 52w high

-5.4%

1Y return

+69.8%

3M return

+19.5%

50-DMA

Above

200-DMA

Above

Algorithmic support levels

₹2,204.80
₹1,966.50
₹1,910.10

Algorithmic resistance levels

₹2,474.00

Risk flags

  • high
    Debt-to-equity of 12.78 is significantly elevated for a pharma company; peer D/E for Cipla and Dr. Reddys are well below 1.0, pointing to a structural leverage differential that is material to solvency assessment.
  • high
    ROE is unavailable for the current period and was above 15% in 0 of the tracked years; persistence consistency score of 20 out of 100 reflects weak capital efficiency history across the measurement window.
  • medium
    Free cash flow was positive in only 2 of the tracked years, meaning the business has consumed cash in most periods despite 5-year earnings growth of 15.8% and revenue growth of 15.1%.
  • medium
    Trailing PE of 61.7 ranks 4th of 6 sector peers; quality score of 41 also ranks 4th of 6, below MAXHEALTH (54) and SUNPHARMA (50), placing GLENMARK in the lower half of the sector on combined valuation and quality.

Cross-section contradictions

  • Stock is up 69.8% over 1 year and trades above both the 50-DMA (₹2,226) and 200-DMA (₹2,041) with RSI at 55, yet profit margin stands at 6.45% and FCF was positive in only 2 of tracked years — strong price appreciation is not yet matched by consistent cash generation.
  • News sentiment registers 3 positive vs 1 negative over 6 total articles, but the D/E of 12.78 and near-zero ROE history represent structural concerns absent from recent headlines.

For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.

Fundamentals & technicals: refreshed 24 Jun 2026 · refreshed daily at 01:00 IST

AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days