In Friday's trading session, Glenmark shares surged 14.41%, reaching Rs 2,178.30 and emerging as one of the top gainers on the Nifty Midcap 150 index. The stock demonstrated significant positive momentum in today's session.
Glenmark's financial performance reveals the following trends:
Here is a summary of the consolidated quarterly results:
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 3,062.95 Crore | Rs 3,244.19 Crore | Rs 3,433.80 Crore | Rs 3,387.55 Crore | Rs 3,256.21 Crore |
| Net Profit | -Rs 1,214.27 Crore | Rs 340.24 Crore | Rs 354.49 Crore | Rs 348.03 Crore | Rs 4.38 Crore |
| EPS | -43.18 | 12.06 | 12.55 | 12.33 | 0.16 |
The revenue for Glenmark saw fluctuations across the quarters, with a peak in September 2024 at Rs 3,433.80 Crore. Net profit showed significant recovery from a loss of Rs 1,214.27 Crore in March 2024 to a profit, though minimal, of Rs 4.38 Crore in March 2025.
The consolidated yearly results are as follows:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 10,943.93 Crore | Rs 12,304.90 Crore | Rs 12,990.11 Crore | Rs 11,813.10 Crore | Rs 13,321.74 Crore |
| Net Profit | Rs 970.09 Crore | Rs 993.65 Crore | Rs 377.40 Crore | -Rs 1,830.85 Crore | Rs 1,047.14 Crore |
| EPS | 34.38 | 33.37 | 10.53 | -53.22 | 37.11 |
| BVPS | 250.36 | 334.48 | 348.70 | 278.09 | 313.60 |
| ROE | 13.73 | 10.36 | 3.13 | -19.13 | 11.83 |
| Debt to Equity | 0.66 | 0.40 | 0.46 | 0.13 | 0.25 |
From 2021 to 2025, Glenmark's revenue increased from Rs 10,943.93 Crore to Rs 13,321.74 Crore. The net profit saw a significant dip in 2024 at -Rs 1,830.85 Crore but recovered to Rs 1,047.14 Crore in 2025. The debt-to-equity ratio decreased from 0.66 in 2021 to 0.25 in 2025.
The consolidated yearly income statement shows the following data (Values in Crore):
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | 13,321 | 11,813 | 12,990 | 12,304 | 10,943 |
| Other Income | 113 | 839 | 316 | 166 | 50 |
| Total Income | 13,435 | 12,653 | 13,306 | 12,471 | 10,994 |
| Total Expenditure | 11,829 | 12,100 | 12,088 | 10,732 | 9,258 |
| EBIT | 1,606 | 552 | 1,218 | 1,739 | 1,735 |
| Interest | 207 | 515 | 349 | 298 | 353 |
| Tax | 352 | 1,867 | 491 | 447 | 412 |
| Net Profit | 1,047 | -1,830 | 377 | 993 | 970 |
Glenmark has been actively involved in corporate actions. Recent announcements include analyst/investor meetings and press releases regarding Ichnos Glenmark Innovation's (IGI) global commercialization strategy and an exclusive global licensing agreement with AbbVie for ISB 2001.
The company has a history of dividend payouts, with final dividends announced each year. For instance, a final dividend of Rs 2.50 per share (250%) was announced on May 24, 2024, with an effective date of September 13, 2024.
Additionally, Glenmark had a bonus issue on January 6, 2005, with a bonus ratio of 1:1 and an ex-bonus date of March 4, 2005. The company also underwent stock splits, including one on June 11, 2007, where the face value changed from Rs 2 to Rs 1, and another on July 31, 2003, where the face value changed from Rs 10 to Rs 2.
With a robust trading session and positive momentum, Glenmark is showing very bullish sentiment as per Moneycontrol analysis.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
