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Gland Pharma Overview

Gland Pharma Ltd engages in the development, manufacture, and marketing of injectable-focused widespread liquid parental merchandise. The agency's primary molecules include heparin sodium, enoxaparin sodium, rocuronium bromide, and daptomycin injections, as well as others. It offers its merchandise below diverse therapeutic categories, which include anti-infectives, anesthetics, anti-coagulants and their antidotes, anti-malarial, cardiology, gastro-intestinal, ache management, hormones and associated tablets, fertility dietary supplements, Gnrh...Read More

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Gland Pharma Key Financials

Market Cap ₹31065 Cr.

Stock P/E 44.5

P/B 3.2

Current Price ₹1885.5

Book Value ₹ 596.3

Face Value 1

52W High ₹2130

Dividend Yield 0.95%

52W Low ₹ 1200

Gland Pharma Share Price

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Volume
Price

Gland Pharma Quarterly Price

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Gland Pharma Peer Comparison

Gland Pharma Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1373 1545 1537 1402 1406 1384 1425 1506 1487 1695
Other Income 53 37 42 51 60 58 44 58 84 63
Total Income 1427 1583 1580 1453 1465 1443 1469 1563 1571 1759
Total Expenditure 1049 1189 1179 1137 1109 1024 1077 1138 1173 1260
Operating Profit 377 394 401 316 357 418 392 425 398 498
Interest 6 5 10 6 6 23 7 11 8 4
Depreciation 81 105 93 92 94 96 96 101 106 108
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -24
Profit Before Tax 290 283 298 218 257 299 288 313 284 362
Provision for Tax 96 91 106 74 93 95 102 97 100 101
Profit After Tax 194 192 192 144 164 205 187 215 184 261
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 194 192 192 144 164 205 187 215 184 261
Adjusted Earnings Per Share 11.8 11.6 11.7 8.7 9.9 12.4 11.3 13.1 11.1 15.9

Gland Pharma Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2633 3463 4401 3625 5665 5617 6113
Other Income 139 135 224 240 170 214 249
Total Income 2772 3598 4625 3865 5835 5830 6362
Total Expenditure 1678 2161 2891 2600 4332 4348 4648
Operating Profit 1095 1437 1734 1265 1503 1483 1713
Interest 7 3 5 7 26 42 30
Depreciation 95 99 110 147 345 378 411
Exceptional Income / Expenses 0 0 0 -56 0 0 -24
Profit Before Tax 993 1335 1619 1055 1133 1063 1247
Provision for Tax 220 338 407 274 360 364 400
Profit After Tax 773 997 1212 781 772 699 847
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 773 997 1212 781 772 699 847
Adjusted Earnings Per Share 49.9 60.9 73.7 47.4 46.9 42.4 51.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 8% 16% 0%
Operating Profit CAGR -1% -5% 6% 0%
PAT CAGR -9% -17% -2% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 27% 13% -4% NA%
ROE Average 8% 9% 13% 15%
ROCE Average 12% 13% 19% 20%

Gland Pharma Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3646 5903 7158 7959 8724 9151
Minority's Interest 0 0 0 0 0 0
Borrowings 4 4 4 3 107 78
Other Non-Current Liabilities 77 76 90 86 382 380
Total Current Liabilities 359 513 582 729 1398 1565
Total Liabilities 4086 6496 7834 8778 10611 11173
Fixed Assets 968 954 1502 1571 3947 4147
Other Non-Current Assets 272 418 479 306 1019 243
Total Current Assets 2846 5124 5852 6901 5645 6783
Total Assets 4086 6496 7834 8778 10611 11173

Gland Pharma Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 236 169 492 319 1909 357
Cash Flow from Operating Activities 701 605 791 364 997 915
Cash Flow from Investing Activities -766 -1524 -1003 1208 -1757 1705
Cash Flow from Financing Activities -7 1238 35 15 -799 -433
Net Cash Inflow / Outflow -72 319 -177 1587 -1560 2186
Closing Cash & Cash Equivalent 169 492 319 1909 357 2556

Gland Pharma Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 49.88 60.94 73.75 47.42 46.9 42.4
CEPS(Rs) 55.98 66.98 80.46 56.33 67.82 65.33
DPS(Rs) 0 0 0 0 20 18
Book NAV/Share(Rs) 234.25 359.3 434.84 483.12 529.56 555.4
Core EBITDA Margin(%) 36.28 37.61 34.32 28.27 23.53 22.59
EBIT Margin(%) 37.98 38.64 36.9 29.3 20.46 19.67
Pre Tax Margin(%) 37.71 38.55 36.78 29.1 19.99 18.92
PAT Margin (%) 29.35 28.79 27.53 21.55 13.64 12.44
Cash Profit Margin (%) 32.94 31.64 30.04 25.6 19.72 19.16
ROA(%) 18.91 18.84 16.91 9.4 7.97 6.41
ROE(%) 21.29 20.97 18.61 10.34 9.26 7.82
ROCE(%) 27.39 28 24.85 14.04 13.63 11.97
Receivable days 83.41 67.08 72.4 97.99 78.29 99.92
Inventory Days 104.83 107.06 102.05 157.65 116 108.54
Payable days 108.75 96.63 74.34 113.72 113.8 138.65
PER(x) 0 40.66 44.33 26.75 39.27 37.55
Price/Book(x) 0 6.9 7.52 2.63 3.48 2.87
Dividend Yield(%) 0 0 0 0 1.09 1.13
EV/Net Sales(x) -0.5 10.84 11.5 4.73 5.09 4.26
EV/Core EBITDA(x) -1.19 26.12 29.19 13.54 19.17 16.15
Net Sales Growth(%) 0 31.51 27.08 -17.64 56.29 -0.85
EBIT Growth(%) 0 33.82 21.34 -34.6 9.11 -4.67
PAT Growth(%) 0 29 21.54 -35.54 -1.1 -9.57
EPS Growth(%) 0 22.18 21.01 -35.7 -1.11 -9.6
Debt/Equity(x) 0 0 0 0 0.04 0.03
Current Ratio(x) 7.93 10 10.05 9.46 4.04 4.33
Quick Ratio(x) 5.82 7.51 8.02 6.8 2.85 3.26
Interest Cover(x) 139.24 392.33 309.77 142.61 44.23 26.3
Total Debt/Mcap(x) 0 0 0 0 0.01 0.01

Gland Pharma Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 57.86 57.86 57.86 51.83 51.83 51.83 51.83 51.83 51.83 51.83
FII 4.91 4.04 3.59 6.88 4.47 5.04 6.9 7.39 7.91 7.58
DII 22.45 24.17 25.23 32.83 35.37 34.8 33.27 32.85 32.64 32.98
Public 14.78 13.93 13.32 8.45 8.32 8.33 7.99 7.93 7.63 7.61
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Gland Pharma News

Gland Pharma Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 9% over the last 3 years.
  • Debtor days have increased from 113.8 to 138.65days.
  • Stock is trading at 3.2 times its book value.
  • The company has delivered a poor profit growth of -1% over past five years.
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