|
09 Sep 2025 |
Glenmark Pharma
|
Consensus Share Price Target
|
2051.90 |
2246.45 |
- |
9.48 |
buy
|
|
|
|
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15 Aug 2022
|
Glenmark Pharma
|
ICICI Securities Limited
|
2051.90
|
478.00
|
388.80
(427.75%)
|
Target met |
Buy
|
|
|
Glenmark Pharma’s (Glenmark) Q1FY23 performance missed our estimates.
|
|
13 Aug 2022
|
Glenmark Pharma
|
Motilal Oswal
|
2051.90
|
420.00
|
389.25
(427.14%)
|
Target met |
Neutral
|
|
|
|
|
07 Jun 2022
|
Glenmark Pharma
|
Geojit BNP Paribas
|
2051.90
|
485.00
|
388.45
(428.23%)
|
Target met |
Buy
|
|
|
|
|
31 May 2022
|
Glenmark Pharma
|
Prabhudas Lilladhar
|
2051.90
|
450.00
|
389.10
(427.35%)
|
Target met |
Accumulate
|
|
|
|
|
31 May 2022
|
Glenmark Pharma
|
Motilal Oswal
|
2051.90
|
420.00
|
393.55
(421.38%)
|
Target met |
Neutral
|
|
|
|
|
15 Feb 2022
|
Glenmark Pharma
|
Prabhudas Lilladhar
|
2051.90
|
550.00
|
487.20
(321.16%)
|
|
Accumulate
|
|
|
Strong revenue growth across India, EU and RoW markets: Revenue grew 14% YoY to Rs31.7bn vs our est of Rs31bn. During Q3, Ichnos entered into an exclusive licensing agreement with Almirall SA and received upfront payment of EURO20.8mn. Adjusted for this revenue growth was 7% YoY. India formulations grew strongly by 14%. US growth was flat QoQ to US$101mn. LATAM sales declined by 9% YoY due to pandemic challenges in Brazil. Robust growth in RoW of 24% YoY, aided by strong traction in Ryaltris. EU...
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|
14 Feb 2022
|
Glenmark Pharma
|
ICICI Securities Limited
|
2051.90
|
550.00
|
478.30
(329.00%)
|
|
Hold
|
|
|
Innovation new company (ICHNOS) to focus on discovery and development of novel, firstinclass treatments in the therapeutic areas of immunology, oncology and pain encompassing both NBEs as well as NCEs Q3FY22 Results: Glenmark reported strong numbers in India, Europe and RoW...
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18 Nov 2021
|
Glenmark Pharma
|
Geojit BNP Paribas
|
2051.90
|
575.00
|
482.60
(325.18%)
|
|
Accumulate
|
|
|
Glenmark Pharma Ltd (GNP) is an India-based pharmaceutical company with commercial presence in more than 80 countries across the globe. GNP is primarily focused on generics, specialty and OTC businesses. The company has strong regional/country-specific presence in diabetes,...
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16 Nov 2021
|
Glenmark Pharma
|
Prabhudas Lilladhar
|
2051.90
|
600.00
|
501.40
(309.23%)
|
|
Accumulate
|
|
|
Ryaltris to be major growth driver in FY23. Glenmark Pharma (GNP) has been able to maintain EBITDA run-rate on a high base. Given flat R&D expense and limited capex requirements, debt will continue to fall in FY23. While, pick up in US sales will be key to drive earnings growth. We have factored in 12% EPS CAGR over FY21-24E. In the near term, any potential out-licensing deals in Ichnos will be key for any further meaningful reduction in debt. At CMP, stock is trading at 13x FY23E P/E. We...
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15 Nov 2021
|
Glenmark Pharma
|
ICICI Securities Limited
|
2051.90
|
580.00
|
535.75
(283.00%)
|
|
Hold
|
|
|
In India, it is the market leader in dermatology and improving its presence in respiratory, CVS, anti-infectives and anti-diabetics, in particular. It has also forayed into consumer health segment focusing on Rx-OTC switch products (~| 150 crore) led by two brands, Candid and Scalpe+ Progress on the margins front amid cost rationalisation measures and decline in R&D expenses as percentage of sales...
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