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Earnings Call Transcript

Glenmark Pharmaceuticals Earnings Call Transcript: Key Takeaways

Glenmark delivered robust 23.1% revenue growth for Q1 FY27, driven by strong recovery in North America and steady India outperformance, despite persistent geopolitical cost pressures.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growth23.1% YoY consolidated growth; base business grew 18%.
MarginsEBITDA margins targeted at 21-22% despite supply chain headwinds.
Demand visibilityStrong visibility in India and US respiratory/oncology segments.
Management confidenceConfident, focusing on innovation pipeline and branded portfolio expansion.

Growth

Base business grew 18% excluding deferred income; India outperformed IPM at 15.5% growth while US grew 19.8%.

Outlook

Management maintains FY27 EBITDA margin guidance of 21-22% and expects 12-15% India growth.

Risks

Elevated API and logistics costs due to geopolitical situations threaten near-term gross margin stability.

Source

Earnings Call Transcript filed with NSE, NSE: GLENMARK. Summary written with AI assistance from the document.

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Glenmark Pharmaceuticals Ltd: key numbers

Share price
₹2,380.00
Market cap
₹67,169 Cr
Revenue (annual)
₹16,983 Cr
Net profit (annual)
₹1,362 Cr
P/E (TTM)
37.4×Sector 50.4×
Promoter holding
46.65%+0.00% QoQ
FII holding
20.89%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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