Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Glenmark Pharmaceuticals Earnings Call Transcript: Key Takeaways

Glenmark reported Q1 FY27 consolidated revenue of INR 40,185 million, a 23.1% YoY increase. Performance was driven by India growth (15.5%) and North America recovery (41.1%).

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growth23.1% YoY for Q1 FY27.
MarginsGuiding 21-22% margins despite geopolitical cost pressures.
Demand visibilityStrong uptake of TEVIMBRA and BRUKINSA in oncology.
Management confidenceHigh, citing broad-based growth and strong respiratory/oncology pipelines.

Growth

Consolidated revenue grew 23.1% YoY; India formulation business grew 15.5%; North America core business up 19.8% excluding out-licensing.

Outlook

Management guides 21-22% overall margins; expects 12-15% sustainable growth in India; aiming for 60% European branded revenue mix by FY32.

Risks

Geopolitical situation impacting API and logistics costs; muted growth in Europe during transformation phase; generic injectable contribution remains small.

Source

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

Read the document ↗

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.

More from Glenmark Pharmaceuticals Ltd

All →
08:41 IST NSE
Business Update

Glenmark Pharmaceuticals Business Update

Glenmark Pharmaceuticals received an Establishment Inspection Report from the U.S. FDA for its Goa facility, which has been assigned a Voluntary Action Indicated status.

18:54 IST NSE
Annual General Meeting

Glenmark Pharmaceuticals Annual General Meeting

Glenmark Pharmaceuticals held its 48th Annual General Meeting on September 11, 2026. The company submitted the proceedings, Scrutinizer’s Report, and voting results to the exchanges.

08:50 IST BSE
Product Launch

Glenmark Pharmaceuticals Product Launch

Glenmark Pharmaceuticals launched RYALTRIS® nasal spray in Brazil to treat moderate to severe allergic rhinitis, expanding its global respiratory product footprint in Latin America.

08:44 IST NSE
Credit Rating

Glenmark Pharmaceuticals Credit Rating

India Ratings upgraded Glenmark Pharmaceuticals' long-term bank loans to 'IND AA+' and affirmed short-term ratings at 'IND A1+'.