GLENMARK / Q2-FY26 / promises

Measure what management said.

Glenmark Pharmaceuticals · A quarter-by-quarter view of forward statements and whether delivery is visible yet.

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PositiveQ2-FY26 · 2025-10-30Back to quarter ↗

Management delivery ledger

Promises over time.

10 tracked

Q1-FY26 · Q4 FY25

Generic Flovent 44 mcg approval by end of Q2 FY26

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

met

heuristic_v1

Q2-FY25 · Q1 FY25

US recovery expected in H2 FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Europe to return to double-digit growth from Q2 FY26

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

Fluticasone MDI filing by Q4 FY24/Q1 FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Monroe plant resumption by end of FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

India business Q3 run-rate of INR 1,150-1,200 crore

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

EBITDA margin target of 23% moving to 25%+

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

India business to return to ~INR 1,000 crore quarterly run rate in Q4

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

Net cash positive by end of FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY25 · Q3 FY25

India business to achieve 9-10% growth for FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1