Glenmark Life Sciences Ltd.
Snapshot View

432.05 -7.95 ▼-1.8%

24 May 2022, 04:01:00 PM
Volume: 1,636

Overview View Details

Sector Healthcare Compare with Sector peers
Industry Pharmaceuticals & Drugs Compare with Industry peers
Website http://www.glenmarklifesciences.com
Market Cap 5,293.79 Cr.
Enterprise Value(EV) 4,781.62 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 34.17 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 12.64 Trailing Twelve Months Ending 2022-03
Industry PE 28.41 Trailing Twelve Months Ending 2022-03
Book Value / Share 167.66 Trailing Twelve Months Ending 2022-03
Price to Book Value 2.58 Calculated using Price: 432.05
Dividend Yield 4.86 Period Ending 2021-03
No. of Shares Subscribed 12.25 Cr. 122,527,172 Shares
FaceValue 2
Company Profile

Glenmark Life Sciences is a leading developer and manufacturer of select high value, non-commoditized active pharmaceutical ingredients (APIs) in chronic therapeutic areas, including cardiovascular disease (CVS), central nervous system disease (CNS), pain management and diabetes. It also manufacture and sell APIs for gastro-intestinal disorders, anti-infectives and other therapeutic areas. Its API portfolio comprises specialized and profitable products, including niche and technically complex molecules, which reflects its capability to branch into other high value products. It has strong market share in select specialized APIs such as Telmisartan (anti-hypertensive), Atovaquone (anti-parasitic), Perindopril (anti-hypertensive), Teneligliptin (diabetes), Zonisamide (CNS) and Adapalene (dermatology). It are also increasingly providing contract development and manufacturing operations (CDMO) services to a range of multinational and specialty pharmaceutical companies. It is a research and development (R&D)-driven API manufacturer, focused on undertaking dedicated R&D in its existing products and in areas where there is growth potential in the future. Maintaining high standards of process innovation and quality in its R&D and manufacturing operations is critical to its brand and maintenance of long-term relationships with its customers.

The company currently operates four multi-purpose manufacturing facilities which are situated on leasehold properties located at Ankleshwar and Dahej in the state of Gujarat, India, and Mohol and Kurkumbh in the state of Maharashtra, India with an aggregate annual total installed capacity of 726.6 KL as of March 31, 2021. Its R&D laboratories focus on new product development and complex molecules, cost improvement programs, process improvements and oncology product development. To assist it with its R&D initiatives, it has established dedicated teams for new product development, complex products, oncology product development, technology transfer, life cycle management and project management.’ It has a professional and experienced management team. Its management team has demonstrated the ability to successfully build and integrate its businesses with various operating activities through their cumulative years of work experience. In particular, they have led the process through which it has created value through organic growth, built brand recognition and loyalty and identified new business opportunities.

Business area of the company

The company is in the business of making high-quality drugs by unlocking the possibilities of science.

Awards, accreditations and recognitions

  • 2015: Ankleshwar plant received ISO 14001:2015 certifying the management system of manufacturing  facility.
  • 2016: Dahej plant received ISO 14001:2015 certifying the management system of manufacturing facility.
  • 2016: Ankleshwar plant received BS OHSAS 18001:2017 certifying the management system of the manufacturing facility.
  • 2017: Ankleshwar plant was awarded Greentech Safety silver award by the Greentech Foundation for outstanding achievements in safety management.
  • 2018: Ankleshwar plant received ISO 14001:2015 re-certifying the management system of manufacturing facility.
  • 2018: Dahej plant received ISO 14001:2015 re-certifying the management system of manufacturing facility.
  • 2018: Ankleshwar plant was awarded Greentech Safety gold award by the Greentech Foundation for outstanding achievements in safety management.
  • 2019: Ankleshwar plant was awarded Greentech Safety Award as the winner in the pharmaceutical sector by the Greentech Foundation for outstanding achievements in safety management.
  • 2019: Dahej plant was awarded Greentech Safety Award for the year 2019 as the runner-up in the pharmaceutical sector by the Greentech Foundation for outstanding achievements in safety management.
  • 2019: Dahej plant was declared the winner of the Greentech Environment Award for the year 2019 for outstanding achievements in environment management in the pharmaceutical sector.
  • 2020: Dahej plant received ISO 45001:2018 certifying the management system of the manufacturing facility.
  • 2020: Dahej plant was declared the winner of the Greentech Environment Award for the year 2020 for outstanding achievements in environment protection.
  • 2021: Ankleshwar plant received ISO 45001:2018 certifying the management system of the manufacturing facility.
  • 2021: Ankleshwar plant received ISO 14001:2015 re-certifying the management system of the manufacturing facility.

Major events and milestones

  • 2001-2002: Established manufacturing plant at Kurkumbh, Maharashtra.
  • 2001-2002: The company’s Promoter established its API business.
  • 2004: Commenced manufacturing at Mohol, Maharashtra.
  • 2008: Ankleshwar plant at Gujarat inspected by US-FDA.
  • 2012: Ankleshwar plant inspected by PMDA and AFSSAPS.
  • 2013: Commenced manufacturing at Dahej, Gujarat.
  • 2013: Ankleshwar plant inspected by COFEPRIS.
  • 2015: Dahej plant inspected by US-FDA.
  • 2016: Dahej plant inspected by PMDA Japan.
  • 2018: Dahej plant inspected by EDQM, ANSM and US-FDA.
  • 2018: Mohol plant inspected by US-FDA.
  • 2019: The API business was spun off into Company.
  • 2019: Ankleshwar plant inspected by US-FDA, Health Canada and PMDA, Japan.
  • 2021: Achieved milestone of 403 cumulative drug master files (DMF) registrations across multiple markets globally.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.81%
1 Week
-2.25%
1 Month
-13.13%
3 Month
-3.24%
6 Month
-30.48%
1 Year
2 Year
5 Year
10 Year
4 years 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 451.05 127.84 60.91
Return on Capital Employed (%) 527.74 185.60 96.75
Return on Assets (%) -510.59 26.51 19.56 18.89

Balance Sheet View Details

Particulars 5 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds -1 88 402 753 2,054
Non Curr. Liab. 7 16 23 33
Curr. Liab. 1 1,380 1,307 1,221 384
Minority Int.
Equity & Liab. 0 1,475 1,726 1,997 2,471
Non Curr. Assets 545 565 598 706
Curr. Assets 0 931 1,160 1,399 1,765
Misc. Exp. not W/O
Total Assets 0 1,475 1,726 1,997 2,471

Profit Loss View Details

Particulars 5 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 0 886 1,537 1,885 2,123
Other Income 1 12 1 15
Total Income 0 887 1,549 1,886 2,138
Total Expenditure 0 -639 -1,065 -1,294 -1,507
PBIDT 0 248 484 592 631
Interest -1 -34 -88 -28
Depreciation -19 -29 -33 -38
Taxation 0 -33 -108 -119 -146
Exceptional Items
PAT 0 196 313 352 419
Adjusted EPS -8 18 29 33 35

Cash Flow View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 0 10 195 388
Cash Fr. Inv. -9 -51 -69
Cash Fr. Finan. 0 1 -137 -214
Net Change 0 2 8 106
Cash & Cash Eqvt 0 2 10 116

Shareholding Pattern View Details

3 Qtrs 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 82.84 82.85 82.85
Public 17.16 17.15 17.15
Depository Receipts 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00

Announcements View Details

Fri, 13 May 2022
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 read with Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 we are enclosing herewith Monitoring Agency Report issued by HDFC Bank Limited Monitoring Agency for the quarter ended 31st March 2022 in respect of utilization of proceeds of the IPO of the Company.
Tue, 10 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are attaching herewith the Annual Secretarial Compliance Report for the year ended 31st March 2022.
Fri, 22 Apr 2022
Audio Recordings Of Q4 & FY22 Earnings Call
Pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby confirm that we have uploaded audio recording of the Q4 & FY22 Earnings Call held on April 21 2022 on our investor website : https://www.glenmarklifesciences.com/financial-results.php under Financial Results.We request you to take note and host the same on your website.

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week Low Zone Close Within 52 Week Low Zone

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