Glaxosmithkline Pharmaceuticals Ltd

About [ edit ]

GlaxoSmithKline Pharmaceuticals research, manufacture and make available a broad range of medicines and vaccines that benefit people.(Source : Company Web-site)

  • Market Cap 24,899 Cr.
  • Current Price 1,464
  • High / Low 1,808 / 1,206
  • Stock P/E 49.3
  • Book Value 78.4
  • Dividend Yield 1.37 %
  • ROCE 32.9 %
  • ROE 7.26 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 295.89%

Cons

  • Stock is trading at 18.69 times its book value
  • The company has delivered a poor sales growth of -0.49% over past five years.
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
736 816 825 751 788 882 779 776 649 879 857
600 651 688 588 623 688 654 602 535 674 652
Operating Profit 136 165 137 163 165 194 124 174 114 205 206
OPM % 18% 20% 17% 22% 21% 22% 16% 22% 18% 23% 24%
Other Income 10 3 45 73 31 417 -737 27 58 -55 25
Interest 0 0 0 0 1 1 3 2 1 1 1
Depreciation 11 12 12 14 19 23 18 23 22 22 18
Profit before tax 134 157 170 222 176 587 -634 177 149 127 211
Tax % 37% 36% 33% 34% 36% 14% -4% 22% 26% 40% 26%
Net Profit 84 101 114 147 114 503 -661 138 111 76 157
EPS in Rs 4.96 5.95 6.71 8.67 6.70 29.68 -39.03 8.15 6.54 4.51 9.24

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,699 1,910 2,151 2,414 2,647 2,563 3,305 2,838 2,908 2,871 3,128 3,224 3,161
1,169 1,253 1,393 1,612 1,825 2,035 2,672 2,373 2,491 2,366 2,547 3,116 2,463
Operating Profit 530 657 758 802 822 528 632 465 417 506 581 108 698
OPM % 31% 34% 35% 33% 31% 21% 19% 16% 14% 18% 19% 3% 22%
Other Income 310 136 105 -177 30 204 149 139 121 72 151 287 54
Interest 1 0 1 0 0 0 0 0 0 0 1 6 4
Depreciation 16 16 18 20 18 20 25 25 27 38 49 83 84
Profit before tax 823 776 845 605 834 711 756 578 511 540 683 306 664
Tax % 28% 35% 34% 29% 33% 32% 37% 35% 34% 35% 35% 70%
Net Profit 591 508 561 429 562 482 476 376 337 351 445 93 482
EPS in Rs 34.89 29.98 33.09 25.30 33.17 28.43 28.12 22.20 19.88 20.70 26.29 5.50 28.44
Dividend Payout % 57% 50% 60% 89% 75% 88% 111% 113% 75% 85% 76% 727%
Compounded Sales Growth
10 Years:5%
5 Years:-0%
3 Years:4%
TTM:-1%
Compounded Profit Growth
10 Years:-12%
5 Years:-22%
3 Years:-22%
TTM:21%
Stock Price CAGR
10 Years:2%
5 Years:-4%
3 Years:8%
1 Year:-0%
Return on Equity
10 Years:22%
5 Years:16%
3 Years:15%
Last Year:7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
85 85 85 85 85 85 85 85 85 85 169 169 169
Reserves 1,491 1,701 1,867 1,851 1,922 1,905 1,744 2,099 1,922 1,973 1,970 1,651 1,158
Borrowings 6 5 5 5 5 4 3 2 2 1 1 0 44
730 699 845 1,089 1,077 1,136 1,384 869 995 1,889 1,771 1,315 1,367
Total Liabilities 2,311 2,490 2,802 3,030 3,088 3,130 3,216 3,055 3,004 3,947 3,911 3,136 2,738
90 93 109 99 89 100 123 204 258 325 432 758 404
CWIP 10 21 9 16 44 62 115 268 605 923 1,003 120 18
Investments 730 148 118 112 55 10 0 6 0 0 0 0 0
1,482 2,228 2,566 2,802 2,900 2,958 2,977 2,577 2,140 2,700 2,477 2,257 2,316
Total Assets 2,311 2,490 2,802 3,030 3,088 3,130 3,216 3,055 3,004 3,947 3,911 3,136 2,738

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
330 512 479 335 314 281 338 139 234 473 409 490
827 661 87 358 -110 189 180 499 301 -104 -153 -57
-355 -395 -297 -395 -441 -494 -497 -638 -511 -307 -358 -428
Net Cash Flow 802 777 269 299 -237 -24 21 -0 24 62 -102 6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 47% 45% 47% 48% 50% 34% 42% 29% 22% 26% 31% 33%
Debtor Days 12 10 8 13 16 14 11 16 21 19 14 11
Inventory Turnover 3.06 2.96 3.00 3.06 3.64 3.76 4.27 2.79 3.00 2.74 2.81 2.77

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
1.60 1.47 1.47 1.45 1.35 0.54 0.51 0.30 0.23 0.98 1.54 1.59
10.97 10.91 11.01 11.08 11.13 10.97 11.02 11.37 12.11 11.26 10.77 10.85
12.43 12.62 12.52 12.47 12.52 13.49 13.47 13.33 12.66 12.76 12.69 12.56

Documents