GlaxoSmithKline Pharmaceuticals logo

GlaxoSmithKline Pharmaceuticals share price

NSE: GLAXOBSE: 500660Pharmaceuticals & BiotechnologyMid Cap

GlaxoSmithKline Pharmaceuticals Limited · Formerly Glaxo (India) · Face value ₹10 · Listed Jan 1969 on BSE, Dec 2000 on NSE
Last close ₹2,498.00up ₹25.60 (1.04%)BSE ₹2,496.65

Share price at the NSE close on 28 Oct 2026. Previous close ₹2,472.40.

28 Oct: open ₹2,469.90, high ₹2,515.00, low ₹2,442.00

52-week range of traded prices to 28 Oct 2026
₹2,088.10Low, 12 Jun 2026₹3,120.70High, 28 Aug 2026
Market cap
₹42,318 Cr221st largest listed
P/E
39.62
P/B
18.66
Dividend yield
2.28%
ROE
50.6%
ROCE
56.3%
Debt to equity
0.00
Volume, NSE
24,84257.5% delivered

GlaxoSmithKline Pharmaceuticals share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−6.0%over a year · Nifty MidSmall Healthcare +15.4% · Nifty 500 −8.8%

ResultsDividend20-session average 46,628 shares a day, 49.2% delivered

About GlaxoSmithKline Pharmaceuticals

GlaxoSmithKline Pharmaceuticals Limited is the Indian subsidiary of GSK plc, a UK-based healthcare group, and sells medicines and vaccines in India.1 It works in general medicines such as antibiotics and skin treatments, in vaccines for children and adults, and in specialty medicines for respiratory disease and cancer.21 It makes tablets and skin products at its own plant in Nashik, Maharashtra, and also uses contract manufacturers across India.312

It was incorporated in 1924 and has been listed in India since 1969.42 It absorbed SmithKline Beecham Pharmaceuticals (India) Limited and Burroughs Wellcome (India) Limited by amalgamation, issuing shares for them in November 2001 and October 2004.5 It reports a single business segment, pharmaceuticals, and has a wholly owned subsidiary, Biddle Sawyer Limited.67 It had 3,103 permanent employees in India at March 2026.8

Its ultimate holding company is GSK plc.7 Glaxo Group Limited (35.99%), GlaxoSmithKline Pte Limited (28.10%), Eskaylab Limited (6.94%) and Burroughs Wellcome International Limited (3.97%) together hold 75.00% of its shares.59

GlaxoSmithKline Pharmaceuticals key points

Results

  • In the quarter to Jun 2026, standalone revenue rose 15% to ₹924 crore, a softer base a year earlier adding roughly 4% to 5%, the company said; EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹293 crore, a 31.7% margin.1011
  • Standalone profit after tax was ₹253 crore, up 24%; the company said growth would have been about 17% without a one-off dividend from its subsidiary Biddle Sawyer Limited.1213
  • In the year to Mar 2026, standalone revenue from operations rose 2% to ₹3,790 crore and the EBITDA margin widened by 290 basis points to 34.3%.14
  • Standalone profit after tax before one-off items crossed ₹1,000 crore for the first time, and profit before tax on that basis rose 10% to ₹1,374 crore.15

Market position

  • In the year to Mar 2026 it ranked 1st in private vaccines and dermatology, 2nd among multinational drug makers in India by value and 5th in acute (short-term illness) therapies by volume.16
  • In the quarter to Jun 2026, its brands held 23% of their represented market (the market segments in which its brands compete), its general medicines 22% and its vaccines 27%.17
  • Its antibiotic Augmentin was India's number 3 pharmaceutical brand in the year to Mar 2026; 7 of its brands were in the market's top 100 and 15 sold over ₹1,000 million a year.1819
  • Its paracetamol brand Calpol held nearly one-third of India's paracetamol market in the year to Mar 2026.20

Products and pricing

  • Newer products (cancer drugs Jemperli and Zejula, respiratory drugs Nucala and Trelegy, shingles vaccine Shingrix) made up 7% of sales in the quarter to Jun 2026, against 4% a year earlier.21
  • In the year to Mar 2026, vaccine sales grew 11%, led by children's and adult vaccines, while key general medicine brands grew 2%.22
  • The company said almost 44% to 45% of its general medicines portfolio is under price control (government caps on the prices of listed essential medicines).23

Plants and capacity

  • Its Nashik plant makes about 4.8 billion tablets and 150 million tubes a year; the company reported 9.8 billion unit doses manufactured in the year to Mar 2026.2425
  • In the year to Mar 2026 a fire at a contract manufacturer affected supply of key products; the company said the disruptions had a material impact on performance and it is diversifying suppliers.2426

Sales force and reach

  • The company said it has about 2,000 people in the field for general medicines and 200 for established vaccines, and a cancer medicines team of 40 to 45.2728
  • Its distribution network covers more than 1,400 towns and cities and over 5,600 stockists, hospitals, traders and government supply channels.29

Research and development

  • In the year to Mar 2026 it had 26 global and local clinical trials ongoing or planned in India, in areas including cancer, malaria, hepatitis B and MASH (a fatty liver disease).3031
  • On its earnings call of 3 Aug 2026, the company said regulators had approved Blenrep for multiple myeloma (a blood cancer) at second line, after one earlier treatment, and Arexvy, an adult vaccine against respiratory syncytial virus.3230
  • In the year to Mar 2026 its cancer drug Jemperli was approved for an additional use, in first-line advanced and recurrent endometrial cancer (cancer of the womb lining), and real-world studies of Jemperli and Zejula began.3334

What the company expects

  • On its earnings call of 3 Aug 2026, the company said it expects to launch Blenrep within 2 to 3 months, and that Blenrep, Ojjaara and Arexvy could launch potentially within 18 to 24 months; its documents give no later update.3536
  • On its earnings call of 3 Aug 2026, the company said it expects to launch bepirovirsen, a possible functional cure (lasting control after treatment ends) for chronic hepatitis B, in India within 3 quarters if all goes well.37
  • On its earnings call of 3 Aug 2026, the company said it expects EBITDA margins for the year at roughly last year's level, around 34%, as selling and administrative costs normalise.38
  • On its earnings call of 3 Aug 2026, the company said its established general medicines and vaccines business needs to keep growing at 8% to 10%.39

Litigation and regulatory matters

  • In its exchange filing of 6 Aug 2026, the company reported a final income-tax order with a ₹23.21 crore demand, a ₹52.00 crore refund for assessment year 1984-85 (the tax year assessed) and ₹42.09 crore of interest to be booked as income.40
  • On 24 Jun 2026 the National Pharmaceutical Pricing Authority, the drug price regulator, demanded ₹3,54,12,025 for alleged overcharging, ₹1,22,91,163 plus ₹2,31,20,862 interest; the company said it would appeal and that there is no impact on its financial operations.41

Last updated

All 41 sources, each with its page
  1. 1. Annual report, 5 Jun 2026, page 30
  2. 2. Annual report, 5 Jun 2026, page 7
  3. 3. Annual report, 5 Jun 2026, page 40
  4. 4. Annual report, 5 Jun 2026, page 6
  5. 5. Annual report, 5 Jun 2026, page 71
  6. 6. Annual report, 5 Jun 2026, page 104
  7. 7. Annual report, 5 Jun 2026, page 134
  8. 8. Annual report, 5 Jun 2026, page 14
  9. 9. Annual report, 5 Jun 2026, page 72
  10. 10. Investor presentation, 3 Aug 2026, page 7
  11. 11. Earnings call, 3 Aug 2026, page 5
  12. 12. Investor presentation, 3 Aug 2026, page 7
  13. 13. Earnings call, 3 Aug 2026, page 6
  14. 14. Annual report, 5 Jun 2026, page 44
  15. 15. Annual report, 5 Jun 2026, page 44
  16. 16. Annual report, 5 Jun 2026, page 14
  17. 17. Investor presentation, 3 Aug 2026, page 5
  18. 18. Annual report, 5 Jun 2026, page 32
  19. 19. Annual report, 5 Jun 2026, page 14
  20. 20. Annual report, 5 Jun 2026, page 33
  21. 21. Investor presentation, 3 Aug 2026, page 7
  22. 22. Annual report, 5 Jun 2026, page 44
  23. 23. Earnings call, 3 Aug 2026, page 16
  24. 24. Annual report, 5 Jun 2026, page 40
  25. 25. Annual report, 5 Jun 2026, page 14
  26. 26. Annual report, 5 Jun 2026, page 18
  27. 27. Earnings call, 3 Aug 2026, page 11
  28. 28. Earnings call, 3 Aug 2026, page 13
  29. 29. Annual report, 5 Jun 2026, page 7
  30. 30. Annual report, 5 Jun 2026, page 18
  31. 31. Annual report, 5 Jun 2026, page 52
  32. 32. Earnings call, 3 Aug 2026, page 10
  33. 33. Annual report, 5 Jun 2026, page 54
  34. 34. Annual report, 5 Jun 2026, page 36
  35. 35. Earnings call, 3 Aug 2026, page 11
  36. 36. Earnings call, 3 Aug 2026, page 6
  37. 37. Earnings call, 3 Aug 2026, page 11
  38. 38. Earnings call, 3 Aug 2026, page 17
  39. 39. Earnings call, 3 Aug 2026, page 12
  40. 40. Exchange filing, 6 Aug 2026, page 1
  41. 41. Exchange filing, 25 Jun 2026, page 1
Revenue growth, 12 months
+5.8%
Net profit growth, 12 months
+12.4%

Quarter to Jun 2026, against the quarter before

Revenue
₹938 Crdown 5.71%
Net profit
₹237 Crdown 14.64%
Net margin
25.3%

Revenue by quarter

₹1,011 CrSep 24₹949 CrDec 24₹974 CrMar 25₹805 CrJun 25₹980 CrSep 25₹1,041 CrDec 25₹995 CrMar 26₹938 CrJun 26
Peak revenue ₹1,041 Cr, quarter to Dec 2025; lowest ₹805 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹253 CrSep 24₹230 CrDec 24₹263 CrMar 25₹205 CrJun 25₹257 CrSep 25₹296 CrDec 25₹278 CrMar 26₹237 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,0119499748059801,041995938
Net profit253230263205257296278237
Net margin25.0%24.2%27.0%25.5%26.3%28.4%27.9%25.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pharmaceuticals, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2022: days before it are of the company before the change.GlaxoSmithKline Pharmaceuticals PE ratio and valuation

Price to earnings

At or below today's level on 6% of 2,410 trading days over the last 10 years.

LowestHighest
Its median54.73Industry median27.98
Price to book

At or below today's level on 56% of 1,987 trading days since Oct 2018.

LowestHighest
Its median17.83Industry median2.94
Dividend yield

At or below today's level on 77% of 2,473 trading days over the last 10 years.

LowestHighest
Its median1.79%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−18.2%+11.7%−29.0%2.5%
3 years+21.9%+19.3%+0.5%2.0%
5 years+12.4%+23.7%−11.3%2.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.GlaxoSmithKline Pharmaceuticals shareholding pattern

Shareholding by group

  • Promoters75.00%
  • Foreign institutions4.75%
  • Indian institutions8.48%
  • Individuals and others11.77%
Holder
GLAXO GROUP LIMITEDPromoter35.99%
GLAXOSMITHKLINE PTE LIMITEDPromoter28.10%
ESKAYLAB LIMITEDPromoter6.94%
BURROUGHS WELLCOME INTERNATIONAL LIMITEDPromoter3.97%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.04 pts, Indian institutions +0.68 pts, mutual funds +1.20 pts.

Mutual fund holdings

137 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 71 of the 83 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 137 funds holding GlaxoSmithKline Pharmaceuticals

Bought for the first time
2
Bought again
1
Added
40
Cut
43
Held unchanged
49
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

GlaxoSmithKline Pharmaceuticals competitors and peers

Pharmaceuticals, 215 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to GlaxoSmithKline Pharmaceuticals in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Abbott India logoAbbott IndiaABBOTINDIA55,83334.5811.69+6.3%+11.2%35.9%39.6%2.50%
Gland Pharma logoGland PharmaGLAND50,31244.574.86+17.6%+46.5%11.6%12.4%0.66%
IPCA Laboratories logoIPCA LaboratoriesIPCALAB48,97837.396.07+10.6%+68.2%17.4%17.6%0.31%
Ajanta Pharma logoAjanta PharmaAJANTPHARM43,23338.109.55+20.2%+22.0%27.3%27.2%1.73%
Emcure Pharmaceuticals logoEmcure PharmaceuticalsEMCURE35,57135.177.19+18.4%+35.9%21.5%25.2%0.19%
Sai Life Sciences logoSai Life SciencesSAILIFE31,59187.3312.72––15.7%18.7%0.00%
Wockhardt logoWockhardtWOCKPHARMA31,09176.026.29+18.4%–8.8%7.4%0.00%
Piramal Pharma logoPiramal PharmaPPLPHARMA30,994–3.81+9.4%–−2.6%2.3%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.GlaxoSmithKline Pharmaceuticals dividend history

Dividend per share, ₹, restated for later splits and bonuses

15Mar 1718Mar 1820Mar 1940Mar 2030Mar 2190Mar 2232Mar 2332Mar 2454Mar 2557Mar 26
Highest ₹90.00 a share, year to Mar 2022.
Ex-dateTypePer share
29 May 2026Final₹57.00
30 May 2025Final₹42.00
7 Nov 2024Interim₹12.00
31 May 2024Final₹32.00
30 Jun 2023Final₹32.00
7 Jul 2022Final₹30.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.GlaxoSmithKline Pharmaceuticals announcements

GlaxoSmithKline Pharmaceuticals share price by year

Each calendar year to 2025.GlaxoSmithKline Pharmaceuticals share price history

YearClose at year endChangeHighest closeLowest close
20252,473.60+9.8%3,466.201,956.20
20242,251.85+18.6%3,061.451,871.20
20231,898.15+43.9%1,898.151,230.60
20221,318.75−24.9%1,773.751,300.45
20211,756.65+8.2%1,882.601,401.55
20201,623.95+0.8%1,778.601,101.85
20191,610.30+6.3%1,697.651,140.05
20181,515.35+21.7%1,795.051,043.88
20171,244.65−8.8%1,380.601,165.28
20161,364.90−17.6%1,907.381,305.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20262,435.302,518.502,435.302,472.402,477.2889,27074.5%
26 Oct 20262,400.002,453.802,398.102,445.902,432.9718,51552.0%
23 Oct 20262,432.802,432.802,344.102,404.702,390.6856,17458.6%
22 Oct 20262,460.002,464.602,422.202,433.702,436.8222,94352.2%
21 Oct 20262,460.002,517.902,445.002,464.402,470.0027,68944.6%
19 Oct 20262,555.102,555.202,473.302,495.402,502.7221,14751.8%
16 Oct 20262,530.002,573.202,518.402,566.102,556.7461,68654.7%
15 Oct 20262,538.002,538.002,491.202,524.702,515.9545,43957.2%
14 Oct 20262,536.302,548.302,502.002,538.902,527.8641,62744.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
11 Sep 2018Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Renu Sud Karnad
At the end of the quarter to Sep 2026
NSE symbol
GLAXO
BSE code
500660
ISIN
INE159A01016
Industry
Pharmaceuticals & Biotechnology
CIN
L24239MH1924PLC001151
Corporate identity number, the registrar of companies' code for it
Incorporated
1924
Registered office
GSK House, Dr Annie Besant Road, Worli, Mumbai 400030, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments