Glenmark Pharmaceuticals Ltd
NSE:GLENMARK
Income Statement
Earnings Waterfall
Glenmark Pharmaceuticals Ltd
Revenue
|
122.5B
INR
|
Cost of Revenue
|
-42.1B
INR
|
Gross Profit
|
80.4B
INR
|
Operating Expenses
|
-70.9B
INR
|
Operating Income
|
9.5B
INR
|
Other Expenses
|
-18.2B
INR
|
Net Income
|
-8.8B
INR
|
Income Statement
Glenmark Pharmaceuticals Ltd
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
64 730
N/A
|
65 725
+2%
|
66 298
+1%
|
68 055
+3%
|
70 342
+3%
|
70 545
+0%
|
76 496
+8%
|
79 071
+3%
|
82 218
+4%
|
90 352
+10%
|
91 857
+2%
|
95 793
+4%
|
96 118
+0%
|
92 805
-3%
|
91 031
-2%
|
89 057
-2%
|
92 304
+4%
|
95 817
+4%
|
98 655
+3%
|
100 227
+2%
|
102 564
+2%
|
104 370
+2%
|
106 410
+2%
|
106 629
+0%
|
108 004
+1%
|
108 516
+0%
|
109 439
+1%
|
115 641
+6%
|
117 590
+2%
|
121 456
+3%
|
123 049
+1%
|
121 172
-2%
|
123 450
+2%
|
126 355
+2%
|
115 832
-8%
|
214 584
+85%
|
212 906
-1%
|
203 334
-4%
|
118 131
-42%
|
120 212
+2%
|
122 476
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19 779)
|
(19 966)
|
(22 376)
|
(19 718)
|
(20 198)
|
(19 405)
|
(26 923)
|
(23 727)
|
(23 900)
|
(25 123)
|
(30 216)
|
(27 121)
|
(28 485)
|
(30 311)
|
(35 520)
|
(30 759)
|
(32 055)
|
(32 859)
|
(39 293)
|
(34 136)
|
(35 189)
|
(35 832)
|
(42 088)
|
(36 969)
|
(37 515)
|
(37 366)
|
(43 272)
|
(40 295)
|
(41 324)
|
(42 929)
|
(49 788)
|
(42 584)
|
(42 815)
|
(43 757)
|
(46 984)
|
(77 781)
|
(78 092)
|
(76 754)
|
(50 030)
|
(43 357)
|
(42 079)
|
|
Gross Profit |
44 950
N/A
|
45 759
+2%
|
43 922
-4%
|
48 338
+10%
|
50 145
+4%
|
51 141
+2%
|
49 573
-3%
|
55 344
+12%
|
58 319
+5%
|
65 230
+12%
|
61 641
-6%
|
68 672
+11%
|
67 631
-2%
|
62 492
-8%
|
55 510
-11%
|
58 297
+5%
|
60 249
+3%
|
62 958
+4%
|
59 362
-6%
|
66 091
+11%
|
67 375
+2%
|
68 537
+2%
|
64 322
-6%
|
69 659
+8%
|
70 488
+1%
|
71 150
+1%
|
66 167
-7%
|
75 346
+14%
|
76 267
+1%
|
78 528
+3%
|
73 261
-7%
|
78 589
+7%
|
80 635
+3%
|
82 598
+2%
|
68 849
-17%
|
136 803
+99%
|
134 814
-1%
|
126 580
-6%
|
68 101
-46%
|
76 856
+13%
|
80 397
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(35 400)
|
(37 245)
|
(34 733)
|
(40 330)
|
(41 514)
|
(41 442)
|
(37 937)
|
(43 686)
|
(46 268)
|
(49 387)
|
(47 039)
|
(52 200)
|
(51 868)
|
(51 259)
|
(42 877)
|
(47 909)
|
(49 294)
|
(50 820)
|
(46 763)
|
(53 656)
|
(54 954)
|
(56 291)
|
(51 501)
|
(55 715)
|
(55 618)
|
(55 471)
|
(49 759)
|
(57 980)
|
(58 719)
|
(59 387)
|
(54 861)
|
(62 010)
|
(64 068)
|
(67 193)
|
(58 191)
|
(113 953)
|
(113 414)
|
(113 318)
|
(61 966)
|
(68 970)
|
(70 903)
|
|
Selling, General & Administrative |
(11 826)
|
(12 256)
|
(26 980)
|
(12 120)
|
(12 551)
|
(12 835)
|
(30 389)
|
(14 642)
|
(15 482)
|
(16 050)
|
(35 412)
|
(16 532)
|
(17 280)
|
(17 922)
|
(36 245)
|
(19 399)
|
(19 886)
|
(20 258)
|
(31 881)
|
(20 903)
|
(21 710)
|
(22 251)
|
(32 544)
|
(22 776)
|
(22 913)
|
(23 307)
|
(32 424)
|
(24 305)
|
(24 175)
|
(24 069)
|
(33 742)
|
(24 874)
|
(25 311)
|
(27 011)
|
(36 238)
|
(47 690)
|
(47 709)
|
(47 680)
|
(39 563)
|
(28 973)
|
(29 510)
|
|
Depreciation & Amortization |
(2 515)
|
(2 559)
|
(2 600)
|
(2 540)
|
(2 584)
|
(2 556)
|
(2 691)
|
(2 865)
|
(2 941)
|
(3 102)
|
(5 765)
|
(5 878)
|
(5 982)
|
(6 089)
|
(3 541)
|
(3 457)
|
(3 408)
|
(3 344)
|
(3 259)
|
(3 373)
|
(3 490)
|
(3 719)
|
(4 172)
|
(4 397)
|
(4 496)
|
(4 588)
|
(4 436)
|
(4 435)
|
(4 626)
|
(4 663)
|
(4 867)
|
(5 204)
|
(5 529)
|
(5 963)
|
(5 692)
|
(10 292)
|
(10 150)
|
(9 997)
|
(5 819)
|
(5 577)
|
(5 365)
|
|
Other Operating Expenses |
(21 059)
|
(22 430)
|
(5 154)
|
(25 670)
|
(26 380)
|
(26 052)
|
(4 856)
|
(26 179)
|
(27 844)
|
(30 233)
|
(5 862)
|
(29 789)
|
(28 605)
|
(27 248)
|
(3 091)
|
(25 053)
|
(26 000)
|
(27 218)
|
(11 623)
|
(29 380)
|
(29 754)
|
(30 320)
|
(14 785)
|
(28 540)
|
(28 208)
|
(27 576)
|
(12 900)
|
(29 242)
|
(29 919)
|
(30 656)
|
(16 251)
|
(31 933)
|
(33 228)
|
(34 220)
|
(16 261)
|
(55 971)
|
(55 556)
|
(55 640)
|
(16 585)
|
(34 421)
|
(36 029)
|
|
Operating Income |
9 552
N/A
|
8 515
-11%
|
9 188
+8%
|
8 008
-13%
|
8 630
+8%
|
9 699
+12%
|
11 636
+20%
|
11 658
+0%
|
12 051
+3%
|
15 842
+31%
|
14 602
-8%
|
16 472
+13%
|
15 765
-4%
|
11 235
-29%
|
12 634
+12%
|
10 389
-18%
|
10 955
+5%
|
12 139
+11%
|
12 599
+4%
|
12 436
-1%
|
12 422
0%
|
12 247
-1%
|
12 821
+5%
|
13 945
+9%
|
14 871
+7%
|
15 679
+5%
|
16 409
+5%
|
17 366
+6%
|
17 548
+1%
|
19 141
+9%
|
18 400
-4%
|
16 578
-10%
|
16 567
0%
|
15 404
-7%
|
10 658
-31%
|
22 849
+114%
|
21 399
-6%
|
13 263
-38%
|
6 134
-54%
|
7 885
+29%
|
9 493
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 928)
|
(1 968)
|
(3 450)
|
(1 839)
|
(1 755)
|
(1 711)
|
(1 713)
|
(1 800)
|
(2 003)
|
(2 151)
|
(2 192)
|
(2 652)
|
(2 721)
|
(2 809)
|
(2 766)
|
(2 937)
|
(3 090)
|
(3 270)
|
(3 104)
|
(3 485)
|
(3 532)
|
(3 608)
|
(3 584)
|
(3 781)
|
(3 689)
|
(3 682)
|
(3 342)
|
(3 349)
|
(3 232)
|
(2 945)
|
(1 508)
|
(2 825)
|
(2 967)
|
(3 273)
|
(979)
|
(6 410)
|
(6 794)
|
(7 164)
|
(4 743)
|
(4 439)
|
(3 710)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
0
|
1 672
|
1 672
|
1 672
|
1 672
|
0
|
0
|
329
|
609
|
640
|
774
|
445
|
165
|
134
|
(1 784)
|
(2 609)
|
(2 609)
|
(2 609)
|
(486)
|
(7 659)
|
(7 840)
|
(11 094)
|
(12 200)
|
(9 010)
|
(8 489)
|
(5 235)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
57
|
0
|
0
|
0
|
15
|
0
|
0
|
|
Total Other Income |
(25)
|
(55)
|
205
|
88
|
86
|
86
|
124
|
905
|
879
|
1 003
|
192
|
(233)
|
82
|
(295)
|
825
|
2 143
|
3 245
|
2 387
|
1 833
|
714
|
126
|
1 546
|
1 407
|
2 164
|
1 037
|
858
|
310
|
503
|
691
|
679
|
194
|
2 912
|
4 017
|
4 642
|
320
|
4 824
|
3 867
|
3 557
|
7 968
|
8 518
|
8 895
|
|
Pre-Tax Income |
7 598
N/A
|
6 491
-15%
|
5 943
-8%
|
6 257
+5%
|
6 961
+11%
|
8 075
+16%
|
10 047
+24%
|
10 764
+7%
|
10 928
+2%
|
14 694
+34%
|
12 602
-14%
|
13 587
+8%
|
13 125
-3%
|
8 130
-38%
|
10 668
+31%
|
9 593
-10%
|
12 781
+33%
|
12 926
+1%
|
13 006
+1%
|
11 337
-13%
|
9 014
-20%
|
10 184
+13%
|
10 961
+8%
|
12 939
+18%
|
12 860
-1%
|
13 630
+6%
|
13 825
+1%
|
14 685
+6%
|
15 141
+3%
|
15 091
0%
|
14 412
-4%
|
14 057
-2%
|
15 009
+7%
|
16 289
+9%
|
2 398
-85%
|
13 424
+460%
|
7 379
-45%
|
(2 545)
N/A
|
365
N/A
|
3 474
+852%
|
9 444
+172%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 522)
|
(1 411)
|
(1 190)
|
(1 445)
|
(1 822)
|
(2 380)
|
(3 028)
|
(3 473)
|
(3 420)
|
(4 291)
|
(3 442)
|
(3 353)
|
(3 042)
|
(1 711)
|
(2 925)
|
(2 776)
|
(3 867)
|
(3 783)
|
(3 756)
|
(3 325)
|
(2 587)
|
(3 011)
|
(3 201)
|
(3 732)
|
(3 868)
|
(4 065)
|
(4 124)
|
(4 458)
|
(4 506)
|
(4 541)
|
(4 476)
|
(5 075)
|
(5 988)
|
(6 757)
|
(3 294)
|
(8 248)
|
(6 793)
|
(4 273)
|
(18 673)
|
(18 757)
|
(19 379)
|
|
Income from Continuing Operations |
6 076
|
5 081
|
4 752
|
4 813
|
5 140
|
5 695
|
7 019
|
7 291
|
7 507
|
10 402
|
9 159
|
10 233
|
10 083
|
6 420
|
7 743
|
6 818
|
8 915
|
9 143
|
9 250
|
8 013
|
6 428
|
7 173
|
7 760
|
9 206
|
8 991
|
9 565
|
9 701
|
10 226
|
10 634
|
10 550
|
9 936
|
8 983
|
9 022
|
9 532
|
(896)
|
5 176
|
586
|
(6 818)
|
(18 309)
|
(15 283)
|
(9 935)
|
|
Income to Minority Interest |
16
|
(3)
|
1
|
1
|
0
|
0
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(171)
|
(349)
|
(519)
|
(705)
|
(716)
|
(720)
|
(802)
|
(1 397)
|
(1 419)
|
(1 443)
|
(681)
|
(449)
|
(248)
|
|
Net Income (Common) |
6 092
N/A
|
5 078
-17%
|
4 753
-6%
|
4 815
+1%
|
5 142
+7%
|
5 697
+11%
|
7 021
+23%
|
7 292
+4%
|
7 507
+3%
|
10 401
+39%
|
9 160
-12%
|
10 233
+12%
|
10 083
-1%
|
6 420
-36%
|
7 742
+21%
|
6 817
-12%
|
8 914
+31%
|
9 143
+3%
|
9 250
+1%
|
8 013
-13%
|
6 428
-20%
|
7 173
+12%
|
7 760
+8%
|
9 206
+19%
|
8 991
-2%
|
9 565
+6%
|
9 701
+1%
|
10 227
+5%
|
10 464
+2%
|
10 201
-3%
|
9 417
-8%
|
8 277
-12%
|
8 304
+0%
|
8 811
+6%
|
2 972
-66%
|
9 802
+230%
|
6 378
-35%
|
139
-98%
|
(15 017)
N/A
|
(13 113)
+13%
|
(8 752)
+33%
|
|
EPS (Diluted) |
22.47
N/A
|
18.72
-17%
|
17.52
-6%
|
17.07
-3%
|
18.23
+7%
|
20.27
+11%
|
25
+23%
|
25.76
+3%
|
26.62
+3%
|
36.88
+39%
|
32.48
-12%
|
36.28
+12%
|
35.75
-1%
|
22.76
-36%
|
27.45
+21%
|
24.16
-12%
|
31.59
+31%
|
32.42
+3%
|
32.8
+1%
|
28.41
-13%
|
22.78
-20%
|
25.42
+12%
|
27.5
+8%
|
32.63
+19%
|
31.88
-2%
|
33.9
+6%
|
34.4
+1%
|
36.26
+5%
|
37.1
+2%
|
36.17
-3%
|
33.39
-8%
|
29.35
-12%
|
29.44
+0%
|
31.24
+6%
|
10.53
-66%
|
34.71
+230%
|
22.57
-35%
|
0.49
-98%
|
-53.21
N/A
|
-46.47
+13%
|
-31
+33%
|