GLAXOHealthcare

GlaxoSmithKline Pharmaceuticals Limited

Pharmaceuticals · ISIN INE159A01016 · BSE 500660 · NSE EQ · FV ₹10
Last price
₹2,800
-1.97%today
What this company does

GlaxoSmithKline Pharmaceuticals Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹938 cr of revenue in its latest quarter (Q1 FY27) and kept 25.3% of sales as profit.

A Company in Motion GlaxoSmithKline Pharmaceuticals Limited (GSK) is a subsidiary of the UK-based GSK plc, a leading global biopharmaceutical company with a purpose to unite science, technology and talent to deliver impact and get ahead of disease together.
In the report:
76out of 100
Equitytale Health Score
Solid

Healthier than 76% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 13–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
45

At close. Not part of the score.

Profitability & returns96

How much profit it earns on the money it employs

Balance sheet92

How much it owes, and whether earnings cover the interest

Cash quality63

Whether reported profit actually arrives as cash

Growth & consistency54

Whether sales and profit have grown, and how steadily

Valuation42

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 25% net margin
Sales up 17% vs last year
Profit up 16% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 42% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in GLAXO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 13% a year, it would become
₹23.63 lakh

The slider starts at 13%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,800 -1.97%
latest close · 2026-09-17
1-year return
+84.6%
52-wk low ₹1,45052-wk high ₹3,121
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio50.0High
LowAverageHigh
P/B ratio20.92High
Below bookModerateHigh
EV / EBITDA34.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity41.8%Strong
WeakFairStrong ▸15%
Return on capital50.8%Strong
WeakFairStrong
Net margin25.3%Strong
ThinDecentStrong
EBITDA margin36.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover333.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.13Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹47,433 cr
Book value
₹134
EPS
₹14.00
latest quarter
Net debt
₹-1,102 cr
more cash than debt
Enterprise value
₹46,331 cr
EBITDA
₹1,357 cr
annualised
EBIT
₹1,294 cr
annualised
Operating margin
34.5%
Return on assets
21.9%
Earnings yield
2.00%
P/S
12.64
Sales / share
₹221.6
Tax rate
26.4%
Face value
₹10
Shares
16.9 cr
Working capital
₹2,006 cr
Current assets
₹3,785 cr
Current liabilities
₹1,779 cr
Delivery %
50.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹1,239 vs market price ₹2,800 — price is 126% above it
Safety cushion-126.0%(target ≥ +20%)
Models span ₹638₹1,262, midpoint ₹1,239
Model ₹1,239
Price ₹2,800
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹938 cr
Other Income₹44 cr
Total Income₹982 cr
Cost of Materials₹73 cr
Purchases of Stock-in-Trade₹379 cr
Inventory Change (±)₹-124 cr
Employee Benefit Expense₹159 cr
Finance Costs₹97 L
Depreciation & Amortisation₹16 cr
Other Expenses₹156 cr
Total Expenses₹660 cr
Profit before Tax₹322 cr
Tax Expense₹85 cr
Net Profit₹237 cr
Net margin on total income24.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹328 cr33.4%
Employee benefit expense₹159 cr16.2%
Finance costs₹97 L0.1%
Depreciation & amortisation₹16 cr1.6%
Other expenses₹156 cr15.9%
Tax expense₹85 cr8.7%
Profit for the period₹237 cr24.1%
Total income ₹982 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,041 cr995 cr938 cr
Total income1,073 cr1,031 cr982 cr
Expenses691 cr658 cr660 cr
Profit before tax400 cr373 cr322 cr
Tax104 cr95 cr85 cr
Net profit (owners' share)296 cr278 cr237 cr
Net margin (owners' share, on revenue)28.4%27.9%25.3%
EPS (₹)16.5416.4014.00
YoY (latest quarter): total income +15.7% · net profit +15.7%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹4,324 cr
Shareholder equity
₹2,267 cr
parent shareholders
Total debt
₹0 cr
Cash
₹1,102 cr
Cash flow · H1 FY26
Operating
₹184 cr
Investing
₹340 cr
Financing
₹-723 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.04%
trailing 12 months
Dividend / share (TTM)
₹57
Last dividend
₹57
ex 29 May 2026
ActionDetailEx-date
Dividend₹57 / share29 May 2026
Dividend₹42 / share30 May 2025
Dividend₹12 / share7 Nov 2024
Dividend₹32 / share31 May 2024
Dividend₹32 / share30 Jun 2023
Dividend₹30 / share7 Jul 2022
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
4.8%
DII / Domestic
7.8%
Retail / others
12.4%
Smart-money activity
Insider trades
BoughtGlaxoSmithKline Pte Ltd · Promoters31.92 L · ₹869.9 cr30 Mar 17
SoldCastleton Investment Ltd · Promoter Group31.92 L · ₹869.9 cr30 Mar 17
Bulk / block deals
short · NSE53 Sep 26
short · NSE119 Aug 26
short · NSE5010 Aug 26
Stake changes
SoldLife Insuracne Corporation Ltd→ 5.99% · 34.03 L19 Dec 19
SoldLife Insurance Corporation Of India→ 6.00% · 34.03 L19 Dec 19
SoldCastlet Investments Ltd · promoter→ 0.00% · 31.92 L30 Mar 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 13 Sep 2026
See the official result
1
Appointment of Ms. Karine J F Natland (DIN:11870917) as a Non-Executive Director
Backed by 97% of shareholders other than promotersneeded 50%
1.60 cr votes for, 4.20 L against · 3% of mutual funds and other big investors said no
2
Re-appointment of Mr. Bhushan Akshikar (DIN: 09112346) as Managing Director
Backed by 97% of shareholders other than promotersneeded 50%
1.60 cr votes for, 4.15 L against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 75.0% between them · as of 2026-06-30
GLAXO GROUP LIMITED35.99%
GLAXOSMITHKLINE PTE LIMITED28.10%
ESKAYLAB LIMITED6.94%
BURROUGHS WELLCOME INTERNATIONAL LIMITED3.97%
Business done with them
FY2026 · 4 of the group
The company paid ₹480 cr to companies in the promoter group last year — about 12.6% of its ₹3,822 cr revenue.
Glaxo Group Limited
Other payments to them · Dividend paid
also owns 35.99% of the company
₹230 cr
company paid
GlaxoSmithKline Pte Limited
Other payments to them · Dividend paid, Expenses recharged by other companies
also owns 28.10% of the company
₹180 cr
company paid
Eskaylab Limited
Other payments to them · Dividend paid
also owns 6.94% of the company
₹44 cr
company paid
Burroughs Wellcome International Limited
Other payments to them · Dividend paid
also owns 3.97% of the company
₹25 cr
company paid

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.