BSECompany Update31 Jul 2026 · 31 Jul 2026, 07:19 pm
Investor Presentation - Q1 FY 26-27
Glenmark Pharmaceuticals Ltd · 532296
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Glenmark Pharmaceuticals Ltd has reported Q1 FY27 results with consolidated revenue of Rs. 40,185 million, a 23.1% YoY growth, driven by broad-based growth across key markets, with India, North America, and Emerging Markets delivering strong performance.
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Market Sentiment8/10
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Glenmark Pharmaceuticals Ltd - 532296 - Announcement under Regulation 30 (LODR)-Investor Presentation
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July 31, 2026
To, To,
National Stock Exchange of India Limited, BSE Limited,
“Exchange Plaza”, Corporate Relationship Department,
5th Floor, Plot No. C/1, G Block, 2nd Floor, New Trading Ring,
Bandra- Kurla Complex Bandra (East), P.J. Towers, Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Scrip Name: GLENMARK Scrip Code: 532296
ISIN: INE935A01035 ISIN: INE935A01035
Our Reference No. 38/26-27 Our Reference No. 38/26-27
Dear Sir/ Madam,
Sub: Investor Presentation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing the Investor Presentation – Q1 FY 26-27.
You are requested to take the same on record.
Thanking You.
Yours faithfully,
For Glenmark Pharmaceuticals Limited
Rashmi Khandelwal
Company Secretary & Compliance Officer
ACS – 28839
Encl: As above
Glenmark Pharmaceuticals Limited
Glenmark House, B D Sawant Marg, Andheri (E), Mumbai 400 099
T: 91 22 4018 9999 F: 91 22 4018 9988 CIN: L24299MH1977PLC019982 W: www.glenmarkpharma.com
Registered office: B/2, Mahalaxmi Chambers, 22 Bhulabhai Desai Road, Mumbai 400 026 E:complianceofficer@glenmarkpharma.com
Investor Presentation
Q1 FY27
31 July 2026
Disclaimer
This document has been prepared by Glenmark Pharmaceuticals Ltd. and the information, statements and analysis made in this document describing the
Company’s or its affiliates’ objectives, projections and estimates are forward looking statements. Forward-looking statements are all statements that
concern plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements
of historical fact, including, but not limited to, those that are identified by the use of words such as “anticipates”, “believes”, “estimates”, “expects”, “intends”,
“plans”, “predicts”, “projects”, “aspirations”, “goals”, “aim”, “targets”, “promises” and similar expressions.
These statements are based on current expectations, forecasts and assumptions that are subject to risks and uncertainties which could cause actual
outcomes and results to differ materially from these statements, depending upon, without limitation:
• General economic and political conditions in our key markets, government policies and other incidental factors;
• Changes in the overall macro-economic parameters including changes in the currency and interest rates either in India and / or globally;
• Ability to successfully implement our strategic plan, including research and development efforts;
• Changes in laws and regulations that apply to the pharmaceutical industry and its suppliers and customers; and
• Increasing competition in and the conditions of our customers, suppliers and the pharmaceutical industry
Actual outcomes may vary materially from those indicated in the applicable forward-looking statements, should one or more of such risks and uncertainties
materialize. No representation or warranty, either expressed or implied, is provided in relation to this presentation. This presentation should not be
regarded by recipients as a substitute for the exercise of their own judgment. The Company undertakes no obligation to update or revise any forward-
looking statements whether as a result of new information, future events or otherwise.
Certain information in this document is not audited or reviewed by an auditor or based on Indian Accounting Standards or internationally accepted
accounting principles. The reader should not consider such items as an alternative to the audited financial results or other indicators of the Company’s
profit, cash flows or financial performance based on applicable accounting standards.
This presentation is property of Glenmark Pharmaceuticals Ltd. Do not alter in any way or reproduce without permission.
Summary – Q1 FY27
“We have started FY27 with broad-based growth across our key
Consolidated • Consolidated Revenue of Rs. 40,185 million
markets, reflecting strong execution and the resilience of our
Revenue • YoY growth of 23.1%
business. India continued to outperform the market, North
America delivered robust underlying growth driven by our first-to-
market respiratory launches, and Emerging Markets sustained
strong momentum, underscoring the strength of our diversified
• India business growth of 15.5%
global business. The results reinforce the direction of Glenmark’s
Regional • North America core business growth of 19.8%
next phase: strengthening our core businesses while expanding
Highlights • EU business growth of 11.9%
• EM business growth of 27.7% our differentiated specialty and innovation-led platforms. With
RYALTRIS® continuing to grow globally, WINLEVI® gaining
traction across Europe, and further progress across our oncology
portfolio and IGI’s pipeline, we remain focused on disciplined
• Consolidated R&D at Rs. 2,494 million
• EBITDA at Rs. 8,048 million execution, sustainable and profitable growth and creating long-
Profitability
• EBITDA margin of 20.03% term value.”
• PAT at Rs. 4,828 million with PAT margin of 11.8%
Glenn Saldanha
Chairman and Managing Director
Glenmark Pharmaceuticals Ltd.
Consolidated Revenue – Q1 FY27
First Quarter ended June 30
Rs. million FY 2027 FY 2026 YoY Growth
India 14,321 12,399 15.5%
North America # 10,974 7,780 41.1%
Europe 7,472 6,678 11.9%
Emerging Markets ## 7,304 5,721 27.7%
Total 40,071 32,578 23.0%
Other Revenue 114 66 72.4%
Consolidated Revenue 40,185 32,644 23.1%
Average conversion rate in 3M FY 2026-27 considered as INR 94.53 / USD 1.00
Average conversion rate in 3M FY 2025-26 considered as INR 85.54 / USD 1.00
USD figures are only indicative
#North America revenue for Q1 FY27 includes deferred out-licensing income recognition for ISB 2001
##Russia + CIS (RCIS), Latin America (LATAM), Middle East and Africa (MEA), Asia-Pacific (APAC)
India
Significant outperformance compared to
IPM in terms of secondary sales
Revenue (Rs. million)
YoY: 15.5%
Continues to be top-ranked in its core
therapeutic areas
14,321
12,399
New launches in Respiratory & Oncology
continue to gain scale
Q1 FY27 Q1 FY26
Continued strong growth in Glenmark
Consumer Care franchise
North America
Launched 9 new products in Q1 FY27
Revenue (Rs. million)#
First generic approval of FloVent® HFA 44 mcg
YoY: 41.1%
with 180-day CGT exclusivity
10,974
7,780
Fluticasone Nasal Spray [OTC] launched, three
additional Respiratory ANDAs filed earlier
Initiated commercialization of RYALTRIS® in the
Q1 FY27 Q1 FY26
Re-launched Fulvestrant Injection from Monroe
in Q1 FY27
#North America revenue for Q1 FY27 includes deferred out-licensing income recognition for ISB 2001
Europe
Continued strong growth in branded markets /
products
Revenue (Rs. million)
YoY: 11.9%
Increasing contribution from Branded portfolio
across Respiratory and Dermatology 7,472
6,678
RYALTRIS® continues to gain market share
across the region; additional 8 products
launched
Q1 FY27 Q1 FY26
Expansion of the branded Dermatology
portfolio - WINLEVI® launched in UK + select EU
markets, HILKOTA™ approved in Nordic
countries
Emerging Markets
Continued outperformance in Russia
Dermatology market
Revenue (Rs. million)
Very strong secondary sales growth in LATAM
YoY: 22.1%
and MEA markets
7,304
5,721
Respiratory portfolio continues out-
performance in the covered market
RYALTRIS® continues to be the leading nasal
spray in the region
Q1 FY27 Q1 FY26
RYALTRIS® launched in China and Thailand in
Q4 FY26; targeting Brazil launch in H2 FY27
Global Innovative Portfolio Update
QiNHAYO™ TRASTUZUMAB
RYALTRIS® WINLEVI® AUMOLERTINIB
(ENVAFOLIMAB) REZETECAN
• Commercialized in • Launched in • Marketing • First wave of MA • Submitted MA
57 markets several EU authorization applications to applications in 13
markets – applications filed begin Q2 FY27 markets as of
Nordics, CEE and in 24 countries June 2026
• Launched in
Spain
China, Thailand in • Glenmark initiated
Q4 FY26 • Initiated early Phase 3 clinical • First commercial
• Continued uptake access programs trial in Platinum-
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