Glenmark PharmaceuticalsNSE:GLENMARK -1.20%85 Operating Margin % is 16.35% as of Mar. 2026, which is 15% above its 10-year median of 14.16. GuruFocus rates NSE:GLENMARK with a GF Score™ of 85/100 and a GF Value™ of ₹1,988.54 (Fairly Valued). Among 952 Drug Manufacturers companies, Glenmark Pharmaceuticals ranks better than 88.66% on this metric.
Glenmark Pharmaceuticals Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Glenmark Pharmaceuticals's Operating Margin % or its related term are showing as below:
NSE:GLENMARK'
s Operating Margin % Range Over the Past 10 Years
Min: 5.42 Med: 14.16 Max: 23.93
Current: 23.93
NSE:GLENMARK's Operating Margin % is ranked better than 88.66% of 952
companies
in the Drug Manufacturers industry
Industry Median: 7.58
vs NSE:GLENMARK: 23.93
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Glenmark Pharmaceuticals Operating Margin % Related Terms
Glenmark Pharmaceuticals Operating Margin % Historical Data
* 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.
NSE:GLENMARK vs ZTS: Operating Margin % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Glenmark Pharmaceuticals's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.
Glenmark Pharmaceuticals Operating Margin % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Glenmark Pharmaceuticals's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Glenmark Pharmaceuticals's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Glenmark Pharmaceuticals's Operating Margin % for the fiscal year 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.
Glenmark Pharmaceuticals (NSE:GLENMARK) has a Operating Margin % of 16.35% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Glenmark Pharmaceuticals and its competitors. This is 15% above median its historical median of 14.16. Over the past decade, Glenmark Pharmaceuticals' Operating Margin % has ranged from 5.42 to 23.93. According to the industry distribution chart, Glenmark Pharmaceuticals ranks #108 out of 952 companies in the Drug Manufacturers industry, placing it in the top 11.3%.
Is Glenmark Pharmaceuticals' Operating Margin % too high?
Glenmark Pharmaceuticals' current Operating Margin % of 16.35% is 15% above median its 10-year median of 14.16. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 23.93. The Drug Manufacturers industry median Operating Margin % is 7.58. Glenmark Pharmaceuticals' value of 16.35% is 115.7% above this industry median. Based on the distribution chart, Glenmark Pharmaceuticals ranks #108 out of 952 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Glenmark Pharmaceuticals has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Glenmark Pharmaceuticals' Operating Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Glenmark Pharmaceuticals ranks #108 out of 952 companies for Operating Margin %. This places Glenmark Pharmaceuticals in the top 11% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.58. Glenmark Pharmaceuticals' value of 16.35% is 115.7% above this benchmark. Historically, Glenmark Pharmaceuticals' own Operating Margin % has ranged from 5.42 to 23.93 over the past decade. While the company's 10-year median is 14.16 vs. the industry median of 7.58, Glenmark Pharmaceuticals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Drug Manufacturers company?
The median Operating Margin % among Drug Manufacturers companies is 7.58, based on 952 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Glenmark Pharmaceuticals's current Operating Margin % of 16.35% is 115.7% above 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Glenmark Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Operating Margin % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glenmark Pharmaceuticals's current Operating Margin % is 16.35%, which is 15% above median its own 10-year median of 14.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glenmark Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Glenmark Pharmaceuticals (NSE:GLENMARK) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,988.54, compared to a current price of ₹2,154.40 — trading 8.3% above its estimated fair value. The current Operating Margin % is 16.35%, which is 15% above median its 10-year median of 14.16 and 115.7% above the Drug Manufacturers industry median of 7.58. Glenmark Pharmaceuticals' overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Glenmark Pharmaceuticals (NSE:GLENMARK), the current Operating Margin % is 16.35% 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 Glenmark Pharmaceuticals (NSE:GLENMARK) Overvalued in 2026?
Based on GuruFocus' analysis, Glenmark Pharmaceuticals stock appears to be overvalued.
The current stock price of ₹2,154.40 is trading 8.3% above its estimated GF Value™ of ₹1,988.54.
GuruFocus considers Glenmark Pharmaceuticals to be Fairly Valued.
Key valuation signals for NSE:GLENMARK:
Operating Margin %: 16.35% (15% above median its 10-year median of 14.16)
GF Value™: ₹1,988.54 vs. price of ₹2,154.40 (8.3% above fair value)
Industry Position: 115.7% above the Drug Manufacturers median (#108 of 952)
No single metric tells the full story. See the NSE:GLENMARK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glenmark Pharmaceuticals Ltd is a specialty and generic drug manufacturing company. The company's research and development activity is focused on generating intellectual property assets that will help address unmet medical needs. Glenmark's product categories include novel molecular entities, formulations, and API products. The company considers merger and acquisition investment to be a potential component for expanding its research, development, manufacturing, and marketing capabilities. It has a business presence in different therapeutic areas such as dermatology, respiratory, oncology, diabetes, cardiovascular, and oral contraceptives among others. Geographically, it derives key revenue from India and the rest from North America, Latin America, Europe and the Rest of the world.
85GF Score
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