| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 957 | 805 | 930 | 815 | 1,011 | 949 | 974 | 805 | 980 | 1,041 | 995 | 938 | |
Growth YoY Revenue Growth YoY% | 4.4 | 0.4 | 18.1 | 7.0 | 5.6 | 17.9 | 4.8 | -1.2 | -3.0 | 9.7 | 2.1 | 16.6 |
| 668 | 587 | 673 | 584 | 689 | 658 | 641 | 554 | 644 | 670 | 644 | 643 | |
| 289 | 218 | 257 | 231 | 322 | 292 | 333 | 251 | 336 | 371 | 351 | 296 | |
OPM OPM% | 30.3 | 27.1 | 27.7 | 28.3 | 31.8 | 30.8 | 34.2 | 31.2 | 34.3 | 35.7 | 35.3 | 31.5 |
| 28 | -135 | 32 | 36 | 39 | 35 | 41 | 44 | 36 | 50 | 36 | 44 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 18 | 17 | 18 | 16 | 17 | 19 | 15 | 16 | 17 | 20 | 13 | 16 |
PBT PBTCr | 299 | 65 | 271 | 249 | 344 | 308 | 359 | 279 | 354 | 400 | 373 | 322 |
| 82 | 20 | 76 | 67 | 91 | 78 | 96 | 74 | 97 | 104 | 95 | 85 | |
| 218 | 46 | 194 | 182 | 253 | 230 | 263 | 205 | 257 | 296 | 278 | 237 | |
Growth YoY PAT Growth YoY% | 12.4 | -72.2 | 45.8 | 37.9 | 16.1 | 402.8 | 35.2 | 12.4 | 2.0 | 28.6 | 5.7 | 15.7 |
NPM NPM% | 22.7 | 5.7 | 20.9 | 22.4 | 25.0 | 24.2 | 27.0 | 25.5 | 26.3 | 28.4 | 27.9 | 25.3 |
| 12.8 | 9.9 | 11.4 | 10.8 | 14.7 | 13.6 | 15.5 | 12.1 | 15.1 | 16.5 | 16.4 | 14.0 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 957 | 805 | 930 | 815 | 1,011 | 949 | 974 | 805 | 980 | 1,041 | 995 | 938 | |
Growth YoY Revenue Growth YoY% | 4.4 | 0.4 | 18.1 | 7.0 | 5.6 | 17.9 | 4.8 | -1.2 | -3.0 | 9.7 | 2.1 | 16.6 |
| 668 | 587 | 673 | 584 | 689 | 658 | 641 | 554 | 644 | 670 | 644 | 643 | |
| 289 | 218 | 257 | 231 | 322 | 292 | 333 | 251 | 336 | 371 | 351 | 296 | |
OPM OPM% | 30.3 | 27.1 | 27.7 | 28.3 | 31.8 | 30.8 | 34.2 | 31.2 | 34.3 | 35.7 | 35.3 | 31.5 |
| 28 | -135 | 32 | 36 | 39 | 35 | 41 | 44 | 36 | 50 | 36 | 44 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 18 | 17 | 18 | 16 | 17 | 19 | 15 | 16 | 17 | 20 | 13 | 16 |
PBT PBTCr | 299 | 65 | 271 | 249 | 344 | 308 | 359 | 279 | 354 | 400 | 373 | 322 |
| 82 | 20 | 76 | 67 | 91 | 78 | 96 | 74 | 97 | 104 | 95 | 85 | |
| 218 | 46 | 194 | 182 | 253 | 230 | 263 | 205 | 257 | 296 | 278 | 237 | |
Growth YoY PAT Growth YoY% | 12.4 | -72.2 | 45.8 | 37.9 | 16.1 | 402.8 | 35.2 | 12.4 | 2.0 | 28.6 | 5.7 | 15.7 |
NPM NPM% | 22.7 | 5.7 | 20.9 | 22.4 | 25.0 | 24.2 | 27.0 | 25.5 | 26.3 | 28.4 | 27.9 | 25.3 |
| 12.8 | 9.9 | 11.4 | 10.8 | 14.7 | 13.6 | 15.5 | 12.1 | 15.1 | 16.5 | 16.4 | 14.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 2,838 | 2,908 | 2,871 | 3,128 | 3,224 | 2,926 | 3,278 | 3,252 | 3,454 | 3,749 | 3,822 | 3,955 |
Growth Revenue Growth% | -14.1 | 2.5 | -1.3 | 8.9 | 3.1 | -9.3 | 12.1 | -0.8 | 6.2 | 8.6 | 1.9 | 5.8 |
| 2,360 | 2,489 | 2,366 | 2,527 | 2,567 | 2,327 | 2,516 | 2,447 | 2,545 | 2,572 | 2,512 | 2,601 | |
| 478 | 419 | 506 | 601 | 657 | 598 | 762 | 804 | 909 | 1,177 | 1,309 | 1,354 | |
OPM OPM% | 16.9 | 14.4 | 17.6 | 19.2 | 20.4 | 20.4 | 23.2 | 24.7 | 26.3 | 31.4 | 34.3 | 34.2 |
| 125 | 119 | 72 | 131 | -262 | -62 | 87 | 100 | -21 | 151 | 166 | 166 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 1 | 6 | 4 | 2 | 2 | 2 | 1 | 3 | 3 |
Depreciation DepreciationCr | 25 | 26 | 38 | 49 | 83 | 79 | 68 | 66 | 70 | 67 | 66 | 67 |
PBT PBTCr | 578 | 511 | 540 | 683 | 306 | 454 | 779 | 836 | 816 | 1,260 | 1,406 | 1,449 |
| 202 | 174 | 189 | 237 | 213 | 167 | 398 | 229 | 226 | 332 | 370 | 381 | |
PAT PATCr | 376 | 337 | 351 | 445 | 93 | 287 | 381 | 608 | 590 | 928 | 1,036 | 1,068 |
Growth PAT Growth% | -21.1 | -10.5 | 4.1 | 27.0 | -79.1 | 208.2 | 32.5 | 59.6 | -2.9 | 57.2 | 11.7 | 12.4 |
NPM NPM% | 13.3 | 11.6 | 12.2 | 14.2 | 2.9 | 9.8 | 11.6 | 18.7 | 17.1 | 24.7 | 27.1 | 27.0 |
| 22.2 | 19.9 | 20.7 | 26.3 | 5.5 | 21.1 | 100.0 | 36.1 | 41.1 | 54.5 | 60.1 | 62.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 2,838 | 2,908 | 2,871 | 3,128 | 3,224 | 2,926 | 3,278 | 3,252 | 3,454 | 3,749 | 3,822 | 3,955 |
Growth Revenue Growth% | -14.1 | 2.5 | -1.3 | 8.9 | 3.1 | -9.3 | 12.1 | -0.8 | 6.2 | 8.6 | 1.9 | 5.8 |
| 2,360 | 2,489 | 2,366 | 2,527 | 2,567 | 2,327 | 2,516 | 2,447 | 2,545 | 2,572 | 2,512 | 2,601 | |
| 478 | 419 | 506 | 601 | 657 | 598 | 762 | 804 | 909 | 1,177 | 1,309 | 1,354 | |
OPM OPM% | 16.9 | 14.4 | 17.6 | 19.2 | 20.4 | 20.4 | 23.2 | 24.7 | 26.3 | 31.4 | 34.3 | 34.2 |
| 125 | 119 | 72 | 131 | -262 | -62 | 87 | 100 | -21 | 151 | 166 | 166 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 1 | 6 | 4 | 2 | 2 | 2 | 1 | 3 | 3 |
Depreciation DepreciationCr | 25 | 26 | 38 | 49 | 83 | 79 | 68 | 66 | 70 | 67 | 66 | 67 |
PBT PBTCr | 578 | 511 | 540 | 683 | 306 | 454 | 779 | 836 | 816 | 1,260 | 1,406 | 1,449 |
| 202 | 174 | 189 | 237 | 213 | 167 | 398 | 229 | 226 | 332 | 370 | 381 | |
PAT PATCr | 376 | 337 | 351 | 445 | 93 | 287 | 381 | 608 | 590 | 928 | 1,036 | 1,068 |
Growth PAT Growth% | -21.1 | -10.5 | 4.1 | 27.0 | -79.1 | 208.2 | 32.5 | 59.6 | -2.9 | 57.2 | 11.7 | 12.4 |
NPM NPM% | 13.3 | 11.6 | 12.2 | 14.2 | 2.9 | 9.8 | 11.6 | 18.7 | 17.1 | 24.7 | 27.1 | 27.0 |
| 22.2 | 19.9 | 20.7 | 26.3 | 5.5 | 21.1 | 100.0 | 36.1 | 41.1 | 54.5 | 60.1 | 62.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 85 | 85 | 85 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
Reserves ReservesCr | 2,099 | 1,922 | 1,973 | 1,970 | 1,651 | 1,309 | 2,494 | 1,572 | 1,608 | 1,782 | 2,098 |
| 579 | 720 | 1,600 | 1,454 | 1,024 | 1,355 | 1,698 | 1,326 | 1,525 | 1,905 | 1,779 | |
| 292 | 277 | 290 | 317 | 291 | 282 | 272 | 259 | 254 | 252 | 277 | |
| 3,055 | 3,004 | 3,947 | 3,911 | 3,136 | 3,115 | 4,633 | 3,327 | 3,557 | 4,108 | 4,324 | |
| 2,174 | 1,674 | 2,186 | 2,009 | 1,775 | 2,203 | 3,708 | 2,494 | 2,798 | 3,410 | 3,606 | |
| 881 | 1,330 | 1,761 | 1,902 | 1,361 | 912 | 925 | 832 | 758 | 698 | 718 | |
| 3,055 | 3,004 | 3,947 | 3,911 | 3,136 | 3,115 | 4,633 | 3,327 | 3,557 | 4,108 | 4,324 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 85 | 85 | 85 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 |
Reserves ReservesCr | 2,099 | 1,922 | 1,973 | 1,970 | 1,651 | 1,309 | 2,494 | 1,572 | 1,608 | 1,782 | 2,098 |
| 579 | 720 | 1,600 | 1,454 | 1,024 | 1,355 | 1,698 | 1,326 | 1,525 | 1,905 | 1,779 | |
| 292 | 277 | 290 | 317 | 291 | 282 | 272 | 259 | 254 | 252 | 277 | |
| 3,055 | 3,004 | 3,947 | 3,911 | 3,136 | 3,115 | 4,633 | 3,327 | 3,557 | 4,108 | 4,324 | |
| 2,174 | 1,674 | 2,186 | 2,009 | 1,775 | 2,203 | 3,708 | 2,494 | 2,798 | 3,410 | 3,606 | |
| 881 | 1,330 | 1,761 | 1,902 | 1,361 | 912 | 925 | 832 | 758 | 698 | 718 | |
| 3,055 | 3,004 | 3,947 | 3,911 | 3,136 | 3,115 | 4,633 | 3,327 | 3,557 | 4,108 | 4,324 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 139 | 234 | 473 | 399 | 491 | 578 | 811 | 484 | 582 | 1,290 | 903 | |
| 499 | 301 | -104 | -143 | -57 | 418 | -406 | 808 | 9 | -46 | 397 | |
| -638 | -511 | -307 | -358 | -428 | -696 | -524 | -1,543 | -562 | -769 | -737 | |
Net Cash Flow Net Cash FlowCr | 0 | 24 | 62 | -102 | 6 | 300 | -119 | -251 | 29 | 475 | 563 |
Free Cash Flow Free Cash FlowCr | -69 | -24 | 639 | 156 | 336 | 536 | 810 | 451 | 573 | 1,273 | 870 |
CFO To PAT CFO To PAT% | 36.9 | 69.6 | 134.8 | 89.7 | 526.3 | 201.2 | 212.9 | 79.7 | 98.7 | 139.1 | 87.2 |
CFO To EBITDA CFO To EBITDA% | 29.0 | 55.9 | 93.5 | 66.5 | 74.6 | 96.6 | 106.4 | 60.2 | 64.0 | 109.6 | 69.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 139 | 234 | 473 | 399 | 491 | 578 | 811 | 484 | 582 | 1,290 | 903 | |
| 499 | 301 | -104 | -143 | -57 | 418 | -406 | 808 | 9 | -46 | 397 | |
| -638 | -511 | -307 | -358 | -428 | -696 | -524 | -1,543 | -562 | -769 | -737 | |
Net Cash Flow Net Cash FlowCr | 0 | 24 | 62 | -102 | 6 | 300 | -119 | -251 | 29 | 475 | 563 |
Free Cash Flow Free Cash FlowCr | -69 | -24 | 639 | 156 | 336 | 536 | 810 | 451 | 573 | 1,273 | 870 |
CFO To PAT CFO To PAT% | 36.9 | 69.6 | 134.8 | 89.7 | 526.3 | 201.2 | 212.9 | 79.7 | 98.7 | 139.1 | 87.2 |
CFO To EBITDA CFO To EBITDA% | 29.0 | 55.9 | 93.5 | 66.5 | 74.6 | 96.6 | 106.4 | 60.2 | 64.0 | 109.6 | 69.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 32,192 | 23,167 | 17,663 | 22,020 | 21,095 | 24,401 | 28,171 | 22,432 | 32,917 | 48,743 | 38,682 | 48,636 |
Price To Earnings Price To Earnings | 120.0 | 68.8 | 50.4 | 49.4 | 226.4 | 68.1 | 16.6 | 36.7 | 55.8 | 52.5 | 37.3 | 46.3 |
Price To Sales Price To Sales | 11.3 | 8.0 | 6.2 | 7.0 | 6.5 | 8.3 | 8.6 | 6.9 | 9.5 | 13.0 | 10.1 | 12.3 |
Price To Book Price To Book | 14.8 | 11.5 | 8.6 | 10.3 | 11.6 | 16.5 | 10.6 | 12.9 | 18.5 | 25.0 | 17.1 | 21.4 |
EV To EBITDA EV To EBITDA | 64.4 | 53.1 | 32.4 | 34.7 | 30.4 | 38.9 | 33.7 | 26.5 | 35.1 | 40.2 | 28.5 | 34.5 |
GPM GPM% | 48.2 | 47.3 | 52.0 | 52.0 | 55.0 | 52.4 | 54.1 | 56.5 | 57.2 | 59.0 | 61.2 | 61.2 |
OPM OPM% | 16.9 | 14.4 | 17.6 | 19.2 | 20.4 | 20.4 | 23.2 | 24.7 | 26.3 | 31.4 | 34.3 | 34.2 |
NPM NPM% | 13.3 | 11.6 | 12.2 | 14.2 | 2.9 | 9.8 | 11.6 | 18.7 | 17.1 | 24.7 | 27.1 | 27.0 |
ROCE ROCE% | 26.5 | 25.5 | 26.3 | 31.9 | 17.1 | 30.2 | 29.1 | 47.7 | 45.5 | 64.3 | 61.2 | 61.2 |
ROE ROE% | 17.2 | 16.8 | 17.1 | 20.8 | 5.1 | 19.4 | 14.3 | 34.9 | 33.2 | 47.5 | 45.7 | 45.7 |
ROA ROA% | 12.3 | 11.2 | 8.9 | 11.4 | 3.0 | 9.2 | 8.2 | 18.3 | 16.6 | 22.6 | 24.0 | 24.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 32,192 | 23,167 | 17,663 | 22,020 | 21,095 | 24,401 | 28,171 | 22,432 | 32,917 | 48,743 | 38,682 | 48,636 |
Price To Earnings Price To Earnings | 120.0 | 68.8 | 50.4 | 49.4 | 226.4 | 68.1 | 16.6 | 36.7 | 55.8 | 52.5 | 37.3 | 46.3 |
Price To Sales Price To Sales | 11.3 | 8.0 | 6.2 | 7.0 | 6.5 | 8.3 | 8.6 | 6.9 | 9.5 | 13.0 | 10.1 | 12.3 |
Price To Book Price To Book | 14.8 | 11.5 | 8.6 | 10.3 | 11.6 | 16.5 | 10.6 | 12.9 | 18.5 | 25.0 | 17.1 | 21.4 |
EV To EBITDA EV To EBITDA | 64.4 | 53.1 | 32.4 | 34.7 | 30.4 | 38.9 | 33.7 | 26.5 | 35.1 | 40.2 | 28.5 | 34.5 |
GPM GPM% | 48.2 | 47.3 | 52.0 | 52.0 | 55.0 | 52.4 | 54.1 | 56.5 | 57.2 | 59.0 | 61.2 | 61.2 |
OPM OPM% | 16.9 | 14.4 | 17.6 | 19.2 | 20.4 | 20.4 | 23.2 | 24.7 | 26.3 | 31.4 | 34.3 | 34.2 |
NPM NPM% | 13.3 | 11.6 | 12.2 | 14.2 | 2.9 | 9.8 | 11.6 | 18.7 | 17.1 | 24.7 | 27.1 | 27.0 |
ROCE ROCE% | 26.5 | 25.5 | 26.3 | 31.9 | 17.1 | 30.2 | 29.1 | 47.7 | 45.5 | 64.3 | 61.2 | 61.2 |
ROE ROE% | 17.2 | 16.8 | 17.1 | 20.8 | 5.1 | 19.4 | 14.3 | 34.9 | 33.2 | 47.5 | 45.7 | 45.7 |
ROA ROA% | 12.3 | 11.2 | 8.9 | 11.4 | 3.0 | 9.2 | 8.2 | 18.3 | 16.6 | 22.6 | 24.0 | 24.0 |
Documents — Glaxosmithkline Pharmaceuticals Ltd
Concall Transcript Summaries — Glaxosmithkline Pharmaceuticals Ltd