Gland Pharma (NSE:GLAND) Debt-to-Equity: 0.03 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GLAND Gland Pharma Ltd NSE:GLAND
84 GF Score
Price ₹2,502.90
GF Value ₹2,152.80
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Gland Pharma Debt-to-Equity?

Gland Pharma NSE:GLAND -0.56% 84 Debt-to-Equity is 0.03 as of Mar. 2026. GuruFocus rates NSE:GLAND with a GF Score™ of 84/100 and a GF Value™ of ₹2,152.80 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 815 Drug Manufacturers companies, Gland Pharma ranks better than 88.22% on this metric.

Gland Pharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,904 Mil. Gland Pharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹932 Mil. Gland Pharma's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹103,580 Mil. Gland Pharma's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gland Pharma's Debt-to-Equity or its related term are showing as below:

NSE:GLAND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.04
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of Gland Pharma was 0.04. The lowest was 0.00. And the median was 0.00.

NSE:GLAND's Debt-to-Equity is ranked better than
88.22% of 815 companies
in the Drug Manufacturers industry
Industry Median: 0.28 vs NSE:GLAND: 0.03

Gland Pharma  (NSE:GLAND) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Gland Pharma Debt-to-Equity Related Terms


Gland Pharma Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gland Pharma's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gland Pharma Debt-to-Equity Chart

Gland Pharma Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.04 0.03 0.03

Gland Pharma Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 N/A 0.03 N/A 0.03

NSE:GLAND vs ZTS: Debt-to-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Gland Pharma's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gland Pharma Debt-to-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gland Pharma's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gland Pharma's Debt-to-Equity falls into.


NSE:GLAND
84GF Score
Gland Pharma Ltd NSE:GLAND
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gland Pharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gland Pharma's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Gland Pharma's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.03 mean?
Gland Pharma (NSE:GLAND) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gland Pharma and its competitors. According to the industry distribution chart, Gland Pharma ranks #96 out of 815 companies in the Drug Manufacturers industry, placing it in the top 11.8%.
Is Gland Pharma's Debt-to-Equity too high?
Gland Pharma's current Debt-to-Equity is 0.03. The Drug Manufacturers industry median Debt-to-Equity is 0.28. Gland Pharma's value of 0.03 is 89.3% below this industry median. Based on the distribution chart, Gland Pharma ranks #96 out of 815 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Gland Pharma has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gland Pharma's Debt-to-Equity compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Gland Pharma ranks #96 out of 815 companies for Debt-to-Equity. This places Gland Pharma in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Gland Pharma's value of 0.03 is 89.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.28, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gland Pharma's current Debt-to-Equity of 0.03 is 89.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gland Pharma and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gland Pharma's current Debt-to-Equity is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gland Pharma stock overvalued right now?
Based on GuruFocus' analysis, Gland Pharma (NSE:GLAND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,152.80, compared to a current price of ₹2,502.90 — trading 16.3% above its estimated fair value. The current Debt-to-Equity is 0.03 and 89.3% below the Drug Manufacturers industry median of 0.28. Gland Pharma's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Gland Pharma (NSE:GLAND), the current Debt-to-Equity is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gland Pharma (NSE:GLAND) Overvalued in 2026?

Based on GuruFocus' analysis, Gland Pharma stock appears to be overvalued. The current stock price of ₹2,502.90 is trading 16.3% above its estimated GF Value™ of ₹2,152.80. GuruFocus considers Gland Pharma to be Modestly Overvalued.

Key valuation signals for NSE:GLAND:

  • Debt-to-Equity: 0.03
  • GF Value™: ₹2,152.80 vs. price of ₹2,502.90 (16.3% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 89.3% below the Drug Manufacturers median (#96 of 815)

No single metric tells the full story. See the NSE:GLAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gland Pharma Business Description

Other Exchanges 543245:India
Address TSIIC, Phase - IV, Plot No. 11 and 84, Pashamylaram (V), Patancheru M, Sangareddy District, Hyderabad, TG, IND, 502307
Gland Pharma Ltd is engaged in the development, manufacturing, and marketing of complex injectables. The company's key molecules include Heparin Sodium Injection, Enoxaparin Sodium Injection, Rocuronium Bromide Injection, and Daptomycin Injection, among others. The group is also involved in a vast range of therapeutic categories, including Anti-Infectives, Anesthetics, Anti-Coagulants and their Antidotes, Anti-Malarials, Cardiology, and more, to Hormones and related Drugs, Fertility Supplements, and GnRH Agonists and Antagonists. Geographically, it derives a majority of revenue from the USA, and the rest from Europe, India, Canada, Australia, and other regions.
84GF Score

Get the complete analysis for NSE:GLAND

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,502.90
Price
₹2,152.80
GF Value