āagman

Not investment advice. Data and computed figures, for information only.

Glaxosmithkline Pharmaceuticals Ltd

NSE: GLAXO
₹2,524.70
−₹14.20 (−0.56%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹43,034 Cr
CMP
₹2,524.70
52-wk High / Low
₹3,121 / 2,088
P/E
40.9
P/B
19.0
Book Value
₹134.0
Div Yield
2.24%
ROCE
61.0%
ROE
45.6%
Face Value
₹10
D/E
0.01

Price−8.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹429
√(22.5 × EPS × book value per share)
ROIC
39.8%
vs 11.2% sector median
Cash flow to profit
0.87
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+38
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
3.8%
ROE × earnings retention ratio
ROE stability
10.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.17DII +0.13
Latest quarter vs the previous one
Cash-accrual divergence
3.2%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 36% vs the 2023 sector median of 17.5%)
+Price trades above its 200-day moving average (1.0x)
+FII holding rose by 2.5pp over the last year
+PE of 40.9x is below the sector median of 45.9x
Watch-outs
−Borrowings are up 1550% since FY2016 (2 to 33)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7629578059308151,0119499748059801,041995938
Expenses618668587673584689658641554644670644643
Operating Profit144289218257231322292333251336371351296
OPM %18.9%30.2%27.1%27.6%28.3%31.8%30.8%34.2%31.2%34.3%35.6%35.3%31.6%
Other Income5428−13532363935414436503644
Interest0001000101111
Depreciation16181718161719151617201316
Profit before tax18129965271249344308359279354400373322
Net Profit13221846194182252230263205257296278237
EPS (₹)7.8112.842.7011.4810.7614.9113.5715.5212.1015.2017.4516.4014.00

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,3052,8382,9082,8713,1283,2242,9263,2783,2523,4543,7493,8223,955
Expenses2,6722,3602,4892,3632,5272,5672,3272,5162,4472,5452,5702,5122,601
Operating Profit6334784205086016575987628049091,1791,3091,354
OPM %19.2%16.8%14.4%17.7%19.2%20.4%20.4%23.2%24.7%26.3%31.4%34.2%34.2%
Other Income14912511970131−26291,401103−21149166166
Interest0000164222133
Depreciation25252738498379686670676667
Profit before tax7565785115406833065252,0938398161,2601,4061,449
Net Profit476376337351445933581,6956115909281,0361,068
EPS (₹)28.1222.2019.8820.7026.295.5021.14100.0436.0534.8354.7561.1563.05

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital85858585169169169169169169169169—
Reserves1,7442,0991,9221,9731,9701,6511,3092,4941,5721,6081,7822,098—
Borrowings322110352016191033—
Other Liabilities1,3848699951,8891,7711,3151,6021,9501,5701,7602,1472,023—
Total Liabilities3,2163,0553,0043,9473,9113,1363,1154,6333,3273,5574,1084,324—
Fixed Assets123204258325432758387331330321284281—
CWIP1152686059231,003120133020141433—
Investments06000003665188131,1181,392—
Other Assets2,9772,5772,1402,7002,4772,2572,7153,9072,4582,4082,6922,618—
Total Assets3,2163,0553,0043,9473,9113,1363,1154,6333,3273,5574,1084,324—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2813381392344734094905788114845821,290903
Cash from Investing Activity189180499301−104−153−57418−4068089−46397
Cash from Financing Activity−494−497−638−511−307−358−428−696−524−1,543−562−769−737
Net Cash Flow−242102462−1026300−119−25129475563

Ratios

As of 31 Mar 2026
13 periods
Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %34.042.029.022.026.031.033.038.037.036.051.063.061.0
ROE %————————————45.6
EPS (₹)28.4328.1222.2019.8820.7026.295.5021.14100.0436.0534.8354.7561.15
Book Value (₹)————————————134.0
Face Value (₹)————————————10
P/E————————————40.9
Div Yield %————————————2.24
NPM %18.813.812.711.111.913.73.112.236.218.217.223.826.0
OPM %21.019.017.014.018.019.020.020.023.025.026.031.034.0
D/E0.000.000.000.000.000.000.000.020.010.010.010.010.01
P/B————————————19.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+3.0%
5 years+5.0%
3 years+6.0%
TTM+6.0%
Compounded profit growth
10 years+10.0%
5 years+15.0%
3 years+18.0%
TTM+11.0%
Stock price CAGR
10 years+6.0%
5 years+11.0%
3 years+19.0%
Last year−8.0%
Return on equity
10 years33.0%
5 years48.0%
3 years43.0%
Last year46.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%—
FIIs1.82%1.82%1.62%1.45%0.30%1.59%2.18%2.28%3.48%4.52%4.62%4.79%—
DIIs10.26%10.26%10.81%11.08%11.37%10.85%10.73%10.31%7.90%7.79%7.68%7.81%—
Government0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public12.92%12.92%12.57%12.47%13.33%12.56%12.09%12.43%13.62%12.69%12.69%12.42%—
No. of shareholders1,00,3711,00,37194,17594,3381,08,3881,19,9521,10,1411,20,4151,18,9941,21,8851,21,7631,26,087—

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of Postal_BallotShareholder Meeting / Postal Ballot-Scrutinizer"s ReportAnnouncement under Regulation 30 (LODR)-Newspaper PublicationCorrigendum To The Notice Of Postal Ballot Dated August 3, 2026
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Concalls
Aug 2026TranscriptAug 2026PPTJun 2026TranscriptJun 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025PPTAug 2025TranscriptAug 2025PPT

Corporate actions

As of 29 May 2026
29 May 2026DIVIDENDDividend - Rs 57 Per Share—
30 May 2025DIVIDENDDividend - Rs 42 Per Share—
7 Nov 2024DIVIDENDInterim Dividend - Rs 12 Per Share—
31 May 2024DIVIDENDDividend - Rs 32 Per Share—
30 Jun 2023DIVIDENDDividend - Rs 32 Per Share—
7 Jul 2022DIVIDENDDividend - Rs 30 Per Share/Special Dividend- Rs 60 Per Share—
19 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 30 Per Share—
17 Jul 2020DIVIDEND Dividend - Rs 20 And Special Dividend - Rs 20 Per Share—
11 Jul 2019DIVIDEND Annual General Meeting/Dividend Rs 20 Per Share—
11 Sep 2018BONUS Bonus 1:1—
13 Jul 2018DIVIDEND Dividend- Rs 35 Per Share—
14 Jul 2017DIVIDEND Dividend - Rs 30/- Per Share—
15 Jul 2016DIVIDEND Dividend Rs 50/- Per Share—
23 Jul 2015DIVIDENDAnnual General Meeting/Dividend - Rs 62..50/- Per Share—
3 Apr 2014DIVIDENDFinal Dividend Rs.50/- Per Share—
4 Apr 2013DIVIDENDDividend Rs. 50 Per Share—
29 Mar 2012DIVIDENDDividend Rs.45/- Per Share—
14 Mar 2011DIVIDENDDividend-Rs.40/- Per Share—
10 Mar 2010DIVIDENDDividend-Rs.30/- Pr Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman