By taking reference and numbers from the following annual report:

1. Compute all critical ratios and analyze the same

2. Prepare a fund flow statement-both operational and total

3. Compute Operating cycle time and GWC

4. Compute the Cost of Capital for both the years and analyze the reasons for variance

5. Balance sheet with schedules to also be uploaded along.

Standalone BALANCE SHEET A amounts in milion e Inclian Rupees, unless otherwise stateo) Notes As at 31 March 2019 As at 31 March 2018 $ . .1 13.001.37 2091, 1,056.16 770.10 lo (66.13 11:41.42 1,99/.73 856.33 : ASSETS Non-current assets Per. olur. Quiment Gt Wiki Intang pesats Inlange wel noor devenit Tanislasants i. Weatments ii Loeris ii. erinaria Ceferred taxa OOR CIRCLE Total non-current assets Current assets INC Financial at i cocco ii Cilt ii. Berkte arces the tranchano velens Other in OCURASNA Total current assets Total assets EQUITY AND LIABILITIES Equity 3208752 82.680 28 6041 72.83 2004 120,015.44 S226.81 33.026.12 3 G.602.15 535.0 93,896.20 9112.05 33.200 OD 20/13 7.-14.17 14.37 13.123.12 5,759.37 51,411.53 171.426.97 0 13.35 1937.10 049.7 58,752.51 152,648.71 11.2 282.17 119,139.72 119.420.89 202.11 10503221 103.914.41 3 29.61452 305.03 29.199.58 26.00 26,886.29 4 3 090.80 2.960.141 Uneouty Total equity Llabiiltles Non-current liabilities Financial abil.co i. BORAVICA ii Other franslatiities Total non-current liabilities Current liablilties linancial i. Breview ii - Trautatanding dues y Men enterrass and mal enterprees - Ty.albulets raduse other vire enterprises and Sral nerprises ii. O recurent lire liblics Crelaties Pursions (nix is: Talal current liabilities Total liabilities Talal equity and liabilities Sms yrgroothe anal statements ASSY For Walker Chandiok & Co LLP Irador bo alto no Dicions Carteren A Imlingstation Numa:C00NX Ashish Gupta Glenn Saldanha Thr Chamar Managing Director 6 882.07 15,78757 1,412,1 400.0 353,30 74.14 22,806.50 52,006.08 171,426.97 97825 1.87 29 1.4. 997.13 03 144.41 21,848,01 48,734.30 152,648.71 1/ Cherylann Pinto FX Birch ON.20111442 Harish Kuber Cerary & womalo con VS Mani xe. Acich narcia Oce OVORA Place: Mums Tec Mity 01 Pare Nr. Cela Lac 2 May O CORPORALE OVERVIEW O SIAUTORY REPORTS HINANCAL OVERVIEW Standalone STATEMENT OF PROFIT AND LOSS A amounts in million of Indian Rupees, unless otherwise stated) Notes Year ended 31 March 2019 Year ended 31 March 2018 Continuing operations Income Rev.ee from operations 6 33.0 13.37 e" 7,758.14 67,804.81 651209 1799.32 57,242.00 20 21 22 10,20%! 1. 11617.14 2.1 Total income Expenses Cost canali .:: kr ces wiki Une cxpo Fico Cusis Deprecation and wo Usacre expense Our experses Total expenses Portefore exo9. nelitera ano tas Elitema Icetaxe contrinja Tax expense 1:25: 1. 2,711! 9,808.80 2 239.11 1.082.79 18, 8152 53,074.82 14.776.99 3,46.85 13,141.64 28 9000 SEQ 27 14 718.17 47,300.29 9,91.71 39 3,114.95 535.14) 3,298.81 11903.03 2.029.31 7.!! 13571 1,283.10 9,608 8: 2.2/6.84 Leo X Total tax expense Profit for the year from continuing operations Profit before tax from discontinued operations Pax expense of discornued cperating CTX Cerere tax Profit from discontinued operations Profit for the year 650 23 999.00 73.12 1,484.86 10,143.47 1,338.09 16,221.12 23 5.80 9.00 (35.38) 16,185.74 10.20 3.83 (6.67) 10,136.90 29 ::2.75 2.2 11.03 4.14 1.31 9719 5749 36.98 Other comprehensive income Items that will not be reclassified to profit or loss - Remasurema.cl the postere gelene.chiga.com - hroome tax resting to the above Other comprehensive ingre/ilosal for the year Total comprehensive income for the year Earnings per equity share of 1 each for profit from continuing operations Halsin Earnings per equity share of 1 each for profit from discontinued operations 7 Basic Cildir Earnings per equity share of 1 each for profit from continuing and discontinued operations Bario in Ciledir: Se accomes rrgrotee to the ranc al statemerta. Ag beror reocrt of werdee For Walker Chandiok & Co LLP Turndor all tho Lirectors XX Frm Roxaruliu Numy:0010:8N95000 a Ashish Gupta Glenn Saldanha Partner Chaman & Managing Director Maricerchio NuroBr662 ON 0000007 VS Mani Excalive Dry or a chanclarda Olicer ON: 01002970 Pace Ner. Cela Flece: Muro Cale 29 May 200 De 20 Muy 2010 Cherylann Pinto Exeve Director ON: 001119/ Harish Kuber Curpany Secrry & Comolenceler 117 Standalone STATEMENT OF CHANGES IN EQUITY A amounts ir milionc Incliar Hupees, unless otherwise stateo) A Equity share capital Amount 282.17 Particulars Balance as at 1 April 2017 Ecuily. Sharewed curing the sea Balance as at 31 March 2018 Starce fungier Balance as at 31 March 2019 Hofer notes 1 ora 2 foroctolls on quity share capita 282.17 282.17 B Other equity Total Securities premium Capital reserve Reserves and Surplus Capital Stock redemption compensation reserve reserve 200.00 105.08 General reserve Retained earnings 85.088.38 16,853.60 1.00 1.384.18 103,632.24 16,221.12 , Balance as at 1 April 2018 attraver Olhor corriere ein Recesure un cl :::::::: Tolal comprehensive intoler.heye! Dosar 2000'srudno dvace Bistricutcracer rote 288 m. sal sem POKI Cit: 16,185.74 (35.38) 16.185.74 690 33: (680.33) 1.07 106.15 ( (680.33) 100,593.79 1.07 (679.26) 119.138.72 Balance as at 31 March 2019 16,853.60 1.00 200.00 1,384.18 Total Securities premium 16,853.60 Capital reserve Reserves and Surplus Capital Stock redemption compensation reserve reserve 200.00 14.44 General reserve Retained earnings 75,630.80 13,141.41 1.00 1.384.18 94,084.02 10,143,47 Balance as at 1 April 2017 Hill Other Cornire verskeie - Remessurement cl the nel ce reo berellons rell later nola 28 Total correhensive income for the yer Didatos de durere diaticutor a referrche &00: HTTP: 13.67 10.136.80 (6.67) 10,136.90 1879.20 (679.22) 022 90.64 105.08 . 16,853.60 90.64 (588.58) 103,632.24 (679.22) 85.088.38 Balance as at 31 March 2018 1.00 200.00 1.384.18 Turndor all tho Lirectors Sorceres were rand slalorreria Ag beror reocrt of zer dee For Walker Chandiok & Co LLP Gixx Imlingstation Numax: 000071 Ashish Gupta Party Maricerchio NuroBr662 Glenn Saldanha Charmur & Mowging Director ON | 24 (1 Cherylann Pinto LXDULY Director ON: 0011197 VS Mani exccutic Dror Global Cyclone Ol cor ON:014217 Harish Kuber Curpany Secroury & Como cooler Pity.lv Cale 20 May 2010 - NICE De 20 May 2010 O CORPORATE OVERVIEW O SIAUTORY REPORTS HINANCAL OVERVIEW Standalone STATEMENT OF CASH FLOWS Al amounts in million ot Indian Rupees, unless otherwise stated) Year ended 31 March 2019 Year ended 31 March 2018 A. Cash flow from operating activities Profit obe 19 from Corting cperations Dad bourl's 16.181.94 2023.31 99/1.71 2218.50 PUSIC TRX. XXS 1,243 182 12109.44 17.03: 9.00 OF 29: 1,13%...4 1.90 1.70 BG 17.7: 27.16 90.8 Internet como Inne Wants ducence Lose crase o Podery olartendesuiorenta Employee stare care compensation expense Pixel sertatua chance Halostuma Fx et micro 3 Cainon exerguiat mert of FCCB iac it Unresised foreign exchange gan! !1 30 80 15451 or 165.7% 1.001.99 Ema Be; Operating profit before working capital changes 16,662.68 13,524.95 borski Decresse in trade recevole Increase carece webes Decesaran tentais In ease nece rather Fayces 13.803.66 1438.42: 1,918.55 3.727.11 393.99 929.23 S68.70 14,157,87 Cash generated from operations TEX pairal rolunu 28,880.48 13.04.85 :2.028"! Net cash generated from operating activities 24,895.83 11.237.16 B. 12,426 12: 0.81 116931: 13.90139 12.50 1199,95: 12345 179 Cash flow from investing activities Purchase of payparanccmar and Intang ce soet roudre Cesta kirogresa Proceed fom see of referty clart ed equicrrent acables:23 resmerla in osiowes Oliw I cans usisis thomanin bank danos te ana magrerey Share oricaron more pad Proceed fom 8:e of Orthopaedia and Pain maregament noia tusineseret Interessed Dividades Net cash used In Investing activities 1168.14 144.00 6.218.es 820.24 1.03 (22,556.05) eczor 7.72 (11,371.21) 119 Standalone STATEMENT OF CASH FLOWS A amounts in milion e Inclian Rupees, unless otherwise stateo) Year ended 31 March 2019 Year ended 31 March 2018 c. 3895.81 15.884./9: 117.30 1 022.80 Cash flow from financing activities Food from long-term rowngs B. beko bera borrowings FOCBI Proexterno lorogowrigs inel TCC Puchon buyoac S : Bedrading.com datation ex! Net cash (used in) from financing activities Net (decrease) / increase in cash and cash equivalents 1. 42 SOR (1,551.06) 788.72 (615.75) (749.00) Opening balance of cash and cash equivalents 1,760.47 2,500.82 Exchange lluv.uation en cash and the unclent 1.56 1:16 Cash balance transferred to Discontinued operations Closing balance of cash and cash equivalents 2,549.97 1.760.47 1,760.47 Cash and cash equivalents comprise of Custom LES Rankirlar OCX 2.542.2 2,549.97 Note : 1 The Case Fow Statomer has oca crepared underthendiect Mctrod' as sctori Ino AS 7 Stato non of Cash Flows! 2 Figures norackotiroicato cosh outflox 3 Lounge uso y nulle lun 2015 - 13.012.33. covered inolviendung.he your idle role 271 1 NU Boviles Sellerie rouges I'll sale of disconnes operalionele ole10 5 Reconciliation of For Ac M. Amount As at 31 Borrowings FCCB buy back, Exchange Particulars made during premium and March 2018 the year repaid during difference Issue cost the year Lorgler Tongs 23.000.29 8.698.91 5,890.0 350.2 289.13 Surxx 123 13/ Helene 13 by back lorer cercoverible bois F002 So w rowerancal sistemerla. A VYO rl doc For Walker Chandiok & Co LLP XXX Im Harga NUE:CHANNEX": Ashish Gupta Glenn Saldanha Cherylann Pinto Party Charman & Managing Director EXIvo Dick MXN 3262 0:00030507 ON: 111842 As al 31 March 2019 28.3 1.82 3030.30 VS Mani Executive Dron a Gel Colmene licer ONISUU 78 Harish Kuber Curparecrary Ocmolere Olcer Par chi 1:10:29 2018 Flacc: NIE D 21 May 2011 Consolidated BALANCE SHEET- Ind AS A amounts in milion e Inclian Rupees, unless otherwise stateo) Notes As at 31 March 2019 As at 31 March 2018 ASSETS Non-current assets Peru.cl C. WHEN Gil 3 . : 3 . . 23.678.12 12416 -1:23 1.../ 115.20 12.10 2948.4 52' 114 1.25.32 Irlacu unt un Tivali i Wom ji Olur LCCX CENTER Total non-current assets Current assets 20650 0133 12. 1 14637 401.13 12. FE 56,066.86 65.919.66 9 2521.4 20 2192..901 9.!!.17.18 14.37 . 12:11 16.30 11 10,32,30 66,968.25 132,887.91 909.57 69,886.92 125,953.78 VAS 282.17 992.17 56,051.84 in 56.048.07 51,634.77 8.00 51.631.07 14 38. BUSOS 36,628.90 41,443.78 Incis i. Vili ii Caldients II. Berktar ces other trancaal ansas. Els i. Orinada C1 CUITOS Total current assets Total assets EQUITY AND LIABILITIES Equity Fiyana capital CUCU Equity attributable to owners of Glenmark Pharmaceuticals Limited Non rg reregla Total equity Liabilities Non-current Ilablities Tinch ca i. Botowe ii Other HSH DUTC till OR Total non-current liabilities Current liabilities Financial liabla i. Botowrs ii Tracebes - Ty.al outstanding dues o Mr enterors and mal enterprzes - Tral outtadig dues of cherner Vertries and Sral a reprises ii. Other our ent financiallbltige Una currelaties Povsons axeita Total current il abliltles Total liabilities Total equity and ilabliltles Sasccomca vrgrees to the core catec inancial atatererts. HG Ar or recrlclude For Walker Chandlok & Co LLP Charlerou.oners mulir' NU: (00/5X3 Ashish Gupta Glenn Saldanha Partner Charman & Maging Direct Merchio Numer 23 662 OVC350301 3,030.24 2,960/14 17 -8 1.109.99 09752 9.01269 914 1 393.80 4070 40,210.94 76,839.84 132,887.91 978 25 177 939 5,667.89 1,248.12 140.39 99420 28.4.20 32.878.93 74.322.71 125,953.78 Cherylann Pinto Ex..ve Direct ON: 01119 VS Mant Executive Drecor Cabal One Energia Officer ON.01002078 Harlsh Kuber Company ecrary & Omolofcer Pour New Ceh Lalu 29 May 2008 laxe: Nume 26 May 2010 O CORPORALE OVERVIEW O SIAUTORY REPORTS HNANOAL OVERVIEW Consolidated STATEMENT OF PROFIT AND LOSS - Ind AS Al amounts in million ot Indian Rupees, unless otherwise stated Notes Year ended 31 March 2019 Year ended 31 March 2016 Income limantan 9,146 2,081.37 100.736.05 . 9.00 91,944.70 21 Total income Expenses Cost of steals corsed Prches u sluck in rece Changes in wik in po, stockinredo and finished Emolare ceat expersa 2.1.4/7,12 9.62.00 21,601.10 01/15 15131712 19,719/1 2.1 20 335 28 Deprecation, amortsacrare moarrert expense 20 530.70 3385 3,229.05 20,812 89,401.58 3014,78 25/28 80,751.40 Talal expenses 11,193.30 11 11.334.47 37132 13,006.29 11,193.30 7 4.6.2 : 09.051 3.756.36 9,249.93 3.256.00 102,501 3.154.60 8,038.70 1266. 5.80 3254 Profit before exceptional items and tax Explodilers Profit before tax Tax expense Conax Ceferred tax Total Tax expense Profit for the year Other comprehensive income Items that will not be reclassified to profit or loss Roommate pool cmokon.cz. come tax relating to the stove Items that will reclassified to profit or loss mchangoixerating characters Income tax relating to the stove Other comprehensive Income / (loss) for the year Talal comprehensive income for the year Total comprehensive income attributable to: Roxolinterest Equity anrehocea clienmark hamaceutcalented Earnings per equity share of 14.1 225/4 9,800 3 2012, 66,968.25 69,886.92 - - - 38,697 23 18.036 03 5-17.55 1290513 996 59 501.37 238.00 69,820.13 136.788.38 2.090.89 1.1 531.79 52 04 12 20.78 1400 401.19 309.30 60.322.63 130,209.55 ASSETS Current assets Cash and calma cal IC 0 CLIOTE: OM GIRONA Total current assots Non-current assets Papery, plant and ecuiment Inlage Assels cccil Ceferred tax 95 The Inaamers Ronaal Otherrer-currert 99893 Tatal non-current assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities rexto pouco CITO' xullo Short-erm crne CT1, li: 1 t 14 : I1 - KT48 444 O current lotilles O currert frissiles Porsche Total current ilablitles Non-current liabilities 10 tars Crocurortlanitos Orls Total non-current liabilities Total llablitles Stockholders' equity La T: kW Sallery Irene transla.ioneve HET N L 22,2010 10753 3,080.2.1 5./10. 911 3 293.79 1 303.60 40,210.94 10.69/3 201.28 2.950.14 2,025.03 1.2.13.12 3,662.28 1.540.39 32,878.93 K 150 (3,982.15) 201.00 (18,877.15) 8,703.00 60.944.04 4,740.85 59,952.31 0.11 (3.77) 4.740.96 59.948.54 282.17 17,298.10 282,168,156 106.15 Equily allribulable to shareholders of Glenmark Pharmaceulicals Limited Particulare Share capital - No, of shares Share capital Share Premium Stock compensation reserve Statutory Nerve Currency Translation reserve Total attributable to owners of the parent company Retained coming Ve Non Total Controlling stockholders interest equily 282.168.156 282.17 17,296.10 14.44 201.00 (14,218.83) 45,819.40 49.394.28 14.23) 49,390 0 279 221 1579 29 1879 22 Balance as at 1 April 2017 Chamon Chcend N91 War - Subur Sleek Orlic CF Other - 24 0754 90.64 (5-88.19) 10.39) (678.83) 7741,01 (588.58) 7,742 : math notrane Transactions with owners Plath Other Comprehensive Income hongnang ocestire Portero extra channel Total Comprehensive Income Balance as at 31 March 2018 20 4.11 7,780.62 52,921.10 0.92 287 168.156 (636.17) 201,00 (14,915.00) 7,084.45 55,890.54 7,085.37 55,886.84 282.17 17,296.10 105 08 (3.70) Sos saumasergree to the core catec tinancial staterarta. ia bero. eoert of Berde For endor benalo the roo Diecare For Walker Chandiok & Co LLP O artereo Art Frm Registration Number: 0010500013 Ashish Gupta Partner tukemarahasuar Glenn Saldanha Chaman 3 Mawaging Director INOCCO Cherylann Pinto Exam Director DN: 0111342 Harish Kuber Company Decay & emola Ofcer VS Mani Executive Drachernance Offcer ON: 01002970 Place: Mumba De 29 May 2019 Pase Ner: Del Cale 20 kay 2009 241 Consolidated STATEMENT OF CASH FLOWS - IFRS A amounts in million of Indian Rupees, unless otherwise stated Particulars Year ended 31 March 2019 Year ended 31 March 2018 A. 103 Cash inflow (outflow) from operating activities Facil: Acus.wenta o econo oprallclore Wxlc ne.cach provides opcra. B.N.CO Decreation amortisation and impairment exorce Fnata 5,165.00 8.510.07 2:03 2113 2/2.16 47.61 073 203.ce TH. 04 80.00 3451.95 11667 320.00 . Tici: Politikes on declcroorly play and ecliprerle Empoyee berefit oticator Interconexpecte ansit Casco Lpcu staru bumpers Proxilor des curte Triton sale of Orthopaedic ardan management India zinas Gainer eingement of FCCB iatiity Un calxanvas Operating profit before changes in operating assets and liabilities Changes in operating assets and liabilities Decesae in trade recevable rcreasey Decreaser nventores CSS Archer delili Net changes in operating assets and liabilities Teeme taxes peid Net cash generated from operating activities Cash inflow/outflow) from investing activities 1:20.8 : 16,905.06 16,304.64 - 11.31 7.207.00: 711.22 44.4. 1,363.41 11.129.5/ 13,241.71 1032.11 1,852.97 11.302.00 2013 3,090.60 13,56 2: 16,480.54 B. 003 779 rere.rev Dividerdag Rantanect rerinches Proceede forskel Orthopaedia and Pain management moia tusinesaire Paymenile lor Purchase ofFoxxpetenden erdirangiole aszelscluding aseelsercons.r. Proceeds from sectoncety plan. ans equipment and Intangbe esseta Net cash used in investing activities Cash Inflow/outflow) from financing activitles Proceedu for long-term borowings B.tank Recamenta cf eng vum crawings roosada fondamente wigs inert 29. 700 1.87 1:111) : 8,218.00 M2,67' 711 51.90 (6,989.93) 110,11340 29.10 (10,133.43) C. 3895.81 110.000 117.80 12 18.US 1878.91: (7,387.35) 5,795.15 19.043.93: 1922.00 7.1.2017 678.09 (4.684.99) COSmartenbestecko bence Dividerd ca din ng tax or ducere Net cash used in financing activities thathew Net Increase/ (decrease) In cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year (refer note-C) Cash and cash equivalents comprise of: (2.970.78) 12,333,56 9,362.78 1,769.92 10.563.64 12,333.56 Benew.htanta in rent accounts and Exchange Ears Foreign Orren Es 802.11. 9352.30 9,362.78 71/ 12328.39 12.333.56 Standalone BALANCE SHEET A amounts in milion e Inclian Rupees, unless otherwise stateo) Notes As at 31 March 2019 As at 31 March 2018 $ . .1 13.001.37 2091, 1,056.16 770.10 lo (66.13 11:41.42 1,99/.73 856.33 : ASSETS Non-current assets Per. olur. Quiment Gt Wiki Intang pesats Inlange wel noor devenit Tanislasants i. Weatments ii Loeris ii. erinaria Ceferred taxa OOR CIRCLE Total non-current assets Current assets INC Financial at i cocco ii Cilt ii. Berkte arces the tranchano velens Other in OCURASNA Total current assets Total assets EQUITY AND LIABILITIES Equity 3208752 82.680 28 6041 72.83 2004 120,015.44 S226.81 33.026.12 3 G.602.15 535.0 93,896.20 9112.05 33.200 OD 20/13 7.-14.17 14.37 13.123.12 5,759.37 51,411.53 171.426.97 0 13.35 1937.10 049.7 58,752.51 152,648.71 11.2 282.17 119,139.72 119.420.89 202.11 10503221 103.914.41 3 29.61452 305.03 29.199.58 26.00 26,886.29 4 3 090.80 2.960.141 Uneouty Total equity Llabiiltles Non-current liabilities Financial abil.co i. BORAVICA ii Other franslatiities Total non-current liabilities Current liablilties linancial i. Breview ii - Trautatanding dues y Men enterrass and mal enterprees - Ty.albulets raduse other vire enterprises and Sral nerprises ii. O recurent lire liblics Crelaties Pursions (nix is: Talal current liabilities Total liabilities Talal equity and liabilities Sms yrgroothe anal statements ASSY For Walker Chandiok & Co LLP Irador bo alto no Dicions Carteren A Imlingstation Numa:C00NX Ashish Gupta Glenn Saldanha Thr Chamar Managing Director 6 882.07 15,78757 1,412,1 400.0 353,30 74.14 22,806.50 52,006.08 171,426.97 97825 1.87 29 1.4. 997.13 03 144.41 21,848,01 48,734.30 152,648.71 1/ Cherylann Pinto FX Birch ON.20111442 Harish Kuber Cerary & womalo con VS Mani xe. Acich narcia Oce OVORA Place: Mums Tec Mity 01 Pare Nr. Cela Lac 2 May O CORPORALE OVERVIEW O SIAUTORY REPORTS HINANCAL OVERVIEW Standalone STATEMENT OF PROFIT AND LOSS A amounts in million of Indian Rupees, unless otherwise stated) Notes Year ended 31 March 2019 Year ended 31 March 2018 Continuing operations Income Rev.ee from operations 6 33.0 13.37 e" 7,758.14 67,804.81 651209 1799.32 57,242.00 20 21 22 10,20%! 1. 11617.14 2.1 Total income Expenses Cost canali .:: kr ces wiki Une cxpo Fico Cusis Deprecation and wo Usacre expense Our experses Total expenses Portefore exo9. nelitera ano tas Elitema Icetaxe contrinja Tax expense 1:25: 1. 2,711! 9,808.80 2 239.11 1.082.79 18, 8152 53,074.82 14.776.99 3,46.85 13,141.64 28 9000 SEQ 27 14 718.17 47,300.29 9,91.71 39 3,114.95 535.14) 3,298.81 11903.03 2.029.31 7.!! 13571 1,283.10 9,608 8: 2.2/6.84 Leo X Total tax expense Profit for the year from continuing operations Profit before tax from discontinued operations Pax expense of discornued cperating CTX Cerere tax Profit from discontinued operations Profit for the year 650 23 999.00 73.12 1,484.86 10,143.47 1,338.09 16,221.12 23 5.80 9.00 (35.38) 16,185.74 10.20 3.83 (6.67) 10,136.90 29 ::2.75 2.2 11.03 4.14 1.31 9719 5749 36.98 Other comprehensive income Items that will not be reclassified to profit or loss - Remasurema.cl the postere gelene.chiga.com - hroome tax resting to the above Other comprehensive ingre/ilosal for the year Total comprehensive income for the year Earnings per equity share of 1 each for profit from continuing operations Halsin Earnings per equity share of 1 each for profit from discontinued operations 7 Basic Cildir Earnings per equity share of 1 each for profit from continuing and discontinued operations Bario in Ciledir: Se accomes rrgrotee to the ranc al statemerta. Ag beror reocrt of werdee For Walker Chandiok & Co LLP Turndor all tho Lirectors XX Frm Roxaruliu Numy:0010:8N95000 a Ashish Gupta Glenn Saldanha Partner Chaman & Managing Director Maricerchio NuroBr662 ON 0000007 VS Mani Excalive Dry or a chanclarda Olicer ON: 01002970 Pace Ner. Cela Flece: Muro Cale 29 May 200 De 20 Muy 2010 Cherylann Pinto Exeve Director ON: 001119/ Harish Kuber Curpany Secrry & Comolenceler 117 Standalone STATEMENT OF CHANGES IN EQUITY A amounts ir milionc Incliar Hupees, unless otherwise stateo) A Equity share capital Amount 282.17 Particulars Balance as at 1 April 2017 Ecuily. Sharewed curing the sea Balance as at 31 March 2018 Starce fungier Balance as at 31 March 2019 Hofer notes 1 ora 2 foroctolls on quity share capita 282.17 282.17 B Other equity Total Securities premium Capital reserve Reserves and Surplus Capital Stock redemption compensation reserve reserve 200.00 105.08 General reserve Retained earnings 85.088.38 16,853.60 1.00 1.384.18 103,632.24 16,221.12 , Balance as at 1 April 2018 attraver Olhor corriere ein Recesure un cl :::::::: Tolal comprehensive intoler.heye! Dosar 2000'srudno dvace Bistricutcracer rote 288 m. sal sem POKI Cit: 16,185.74 (35.38) 16.185.74 690 33: (680.33) 1.07 106.15 ( (680.33) 100,593.79 1.07 (679.26) 119.138.72 Balance as at 31 March 2019 16,853.60 1.00 200.00 1,384.18 Total Securities premium 16,853.60 Capital reserve Reserves and Surplus Capital Stock redemption compensation reserve reserve 200.00 14.44 General reserve Retained earnings 75,630.80 13,141.41 1.00 1.384.18 94,084.02 10,143,47 Balance as at 1 April 2017 Hill Other Cornire verskeie - Remessurement cl the nel ce reo berellons rell later nola 28 Total correhensive income for the yer Didatos de durere diaticutor a referrche &00: HTTP: 13.67 10.136.80 (6.67) 10,136.90 1879.20 (679.22) 022 90.64 105.08 . 16,853.60 90.64 (588.58) 103,632.24 (679.22) 85.088.38 Balance as at 31 March 2018 1.00 200.00 1.384.18 Turndor all tho Lirectors Sorceres were rand slalorreria Ag beror reocrt of zer dee For Walker Chandiok & Co LLP Gixx Imlingstation Numax: 000071 Ashish Gupta Party Maricerchio NuroBr662 Glenn Saldanha Charmur & Mowging Director ON | 24 (1 Cherylann Pinto LXDULY Director ON: 0011197 VS Mani exccutic Dror Global Cyclone Ol cor ON:014217 Harish Kuber Curpany Secroury & Como cooler Pity.lv Cale 20 May 2010 - NICE De 20 May 2010 O CORPORATE OVERVIEW O SIAUTORY REPORTS HINANCAL OVERVIEW Standalone STATEMENT OF CASH FLOWS Al amounts in million ot Indian Rupees, unless otherwise stated) Year ended 31 March 2019 Year ended 31 March 2018 A. Cash flow from operating activities Profit obe 19 from Corting cperations Dad bourl's 16.181.94 2023.31 99/1.71 2218.50 PUSIC TRX. XXS 1,243 182 12109.44 17.03: 9.00 OF 29: 1,13%...4 1.90 1.70 BG 17.7: 27.16 90.8 Internet como Inne Wants ducence Lose crase o Podery olartendesuiorenta Employee stare care compensation expense Pixel sertatua chance Halostuma Fx et micro 3 Cainon exerguiat mert of FCCB iac it Unresised foreign exchange gan! !1 30 80 15451 or 165.7% 1.001.99 Ema Be; Operating profit before working capital changes 16,662.68 13,524.95 borski Decresse in trade recevole Increase carece webes Decesaran tentais In ease nece rather Fayces 13.803.66 1438.42: 1,918.55 3.727.11 393.99 929.23 S68.70 14,157,87 Cash generated from operations TEX pairal rolunu 28,880.48 13.04.85 :2.028"! Net cash generated from operating activities 24,895.83 11.237.16 B. 12,426 12: 0.81 116931: 13.90139 12.50 1199,95: 12345 179 Cash flow from investing activities Purchase of payparanccmar and Intang ce soet roudre Cesta kirogresa Proceed fom see of referty clart ed equicrrent acables:23 resmerla in osiowes Oliw I cans usisis thomanin bank danos te ana magrerey Share oricaron more pad Proceed fom 8:e of Orthopaedia and Pain maregament noia tusineseret Interessed Dividades Net cash used In Investing activities 1168.14 144.00 6.218.es 820.24 1.03 (22,556.05) eczor 7.72 (11,371.21) 119 Standalone STATEMENT OF CASH FLOWS A amounts in milion e Inclian Rupees, unless otherwise stateo) Year ended 31 March 2019 Year ended 31 March 2018 c. 3895.81 15.884./9: 117.30 1 022.80 Cash flow from financing activities Food from long-term rowngs B. beko bera borrowings FOCBI Proexterno lorogowrigs inel TCC Puchon buyoac S : Bedrading.com datation ex! Net cash (used in) from financing activities Net (decrease) / increase in cash and cash equivalents 1. 42 SOR (1,551.06) 788.72 (615.75) (749.00) Opening balance of cash and cash equivalents 1,760.47 2,500.82 Exchange lluv.uation en cash and the unclent 1.56 1:16 Cash balance transferred to Discontinued operations Closing balance of cash and cash equivalents 2,549.97 1.760.47 1,760.47 Cash and cash equivalents comprise of Custom LES Rankirlar OCX 2.542.2 2,549.97 Note : 1 The Case Fow Statomer has oca crepared underthendiect Mctrod' as sctori Ino AS 7 Stato non of Cash Flows! 2 Figures norackotiroicato cosh outflox 3 Lounge uso y nulle lun 2015 - 13.012.33. covered inolviendung.he your idle role 271 1 NU Boviles Sellerie rouges I'll sale of disconnes operalionele ole10 5 Reconciliation of For Ac M. Amount As at 31 Borrowings FCCB buy back, Exchange Particulars made during premium and March 2018 the year repaid during difference Issue cost the year Lorgler Tongs 23.000.29 8.698.91 5,890.0 350.2 289.13 Surxx 123 13/ Helene 13 by back lorer cercoverible bois F002 So w rowerancal sistemerla. A VYO rl doc For Walker Chandiok & Co LLP XXX Im Harga NUE:CHANNEX": Ashish Gupta Glenn Saldanha Cherylann Pinto Party Charman & Managing Director EXIvo Dick MXN 3262 0:00030507 ON: 111842 As al 31 March 2019 28.3 1.82 3030.30 VS Mani Executive Dron a Gel Colmene licer ONISUU 78 Harish Kuber Curparecrary Ocmolere Olcer Par chi 1:10:29 2018 Flacc: NIE D 21 May 2011 Consolidated BALANCE SHEET- Ind AS A amounts in milion e Inclian Rupees, unless otherwise stateo) Notes As at 31 March 2019 As at 31 March 2018 ASSETS Non-current assets Peru.cl C. WHEN Gil 3 . : 3 . . 23.678.12 12416 -1:23 1.../ 115.20 12.10 2948.4 52' 114 1.25.32 Irlacu unt un Tivali i Wom ji Olur LCCX CENTER Total non-current assets Current assets 20650 0133 12. 1 14637 401.13 12. FE 56,066.86 65.919.66 9 2521.4 20 2192..901 9.!!.17.18 14.37 . 12:11 16.30 11 10,32,30 66,968.25 132,887.91 909.57 69,886.92 125,953.78 VAS 282.17 992.17 56,051.84 in 56.048.07 51,634.77 8.00 51.631.07 14 38. BUSOS 36,628.90 41,443.78 Incis i. Vili ii Caldients II. Berktar ces other trancaal ansas. Els i. Orinada C1 CUITOS Total current assets Total assets EQUITY AND LIABILITIES Equity Fiyana capital CUCU Equity attributable to owners of Glenmark Pharmaceuticals Limited Non rg reregla Total equity Liabilities Non-current Ilablities Tinch ca i. Botowe ii Other HSH DUTC till OR Total non-current liabilities Current liabilities Financial liabla i. Botowrs ii Tracebes - Ty.al outstanding dues o Mr enterors and mal enterprzes - Tral outtadig dues of cherner Vertries and Sral a reprises ii. Other our ent financiallbltige Una currelaties Povsons axeita Total current il abliltles Total liabilities Total equity and ilabliltles Sasccomca vrgrees to the core catec inancial atatererts. HG Ar or recrlclude For Walker Chandlok & Co LLP Charlerou.oners mulir' NU: (00/5X3 Ashish Gupta Glenn Saldanha Partner Charman & Maging Direct Merchio Numer 23 662 OVC350301 3,030.24 2,960/14 17 -8 1.109.99 09752 9.01269 914 1 393.80 4070 40,210.94 76,839.84 132,887.91 978 25 177 939 5,667.89 1,248.12 140.39 99420 28.4.20 32.878.93 74.322.71 125,953.78 Cherylann Pinto Ex..ve Direct ON: 01119 VS Mant Executive Drecor Cabal One Energia Officer ON.01002078 Harlsh Kuber Company ecrary & Omolofcer Pour New Ceh Lalu 29 May 2008 laxe: Nume 26 May 2010 O CORPORALE OVERVIEW O SIAUTORY REPORTS HNANOAL OVERVIEW Consolidated STATEMENT OF PROFIT AND LOSS - Ind AS Al amounts in million ot Indian Rupees, unless otherwise stated Notes Year ended 31 March 2019 Year ended 31 March 2016 Income limantan 9,146 2,081.37 100.736.05 . 9.00 91,944.70 21 Total income Expenses Cost of steals corsed Prches u sluck in rece Changes in wik in po, stockinredo and finished Emolare ceat expersa 2.1.4/7,12 9.62.00 21,601.10 01/15 15131712 19,719/1 2.1 20 335 28 Deprecation, amortsacrare moarrert expense 20 530.70 3385 3,229.05 20,812 89,401.58 3014,78 25/28 80,751.40 Talal expenses 11,193.30 11 11.334.47 37132 13,006.29 11,193.30 7 4.6.2 : 09.051 3.756.36 9,249.93 3.256.00 102,501 3.154.60 8,038.70 1266. 5.80 3254 Profit before exceptional items and tax Explodilers Profit before tax Tax expense Conax Ceferred tax Total Tax expense Profit for the year Other comprehensive income Items that will not be reclassified to profit or loss Roommate pool cmokon.cz. come tax relating to the stove Items that will reclassified to profit or loss mchangoixerating characters Income tax relating to the stove Other comprehensive Income / (loss) for the year Talal comprehensive income for the year Total comprehensive income attributable to: Roxolinterest Equity anrehocea clienmark hamaceutcalented Earnings per equity share of 14.1 225/4 9,800 3 2012, 66,968.25 69,886.92 - - - 38,697 23 18.036 03 5-17.55 1290513 996 59 501.37 238.00 69,820.13 136.788.38 2.090.89 1.1 531.79 52 04 12 20.78 1400 401.19 309.30 60.322.63 130,209.55 ASSETS Current assets Cash and calma cal IC 0 CLIOTE: OM GIRONA Total current assots Non-current assets Papery, plant and ecuiment Inlage Assels cccil Ceferred tax 95 The Inaamers Ronaal Otherrer-currert 99893 Tatal non-current assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities rexto pouco CITO' xullo Short-erm crne CT1, li: 1 t 14 : I1 - KT48 444 O current lotilles O currert frissiles Porsche Total current ilablitles Non-current liabilities 10 tars Crocurortlanitos Orls Total non-current liabilities Total llablitles Stockholders' equity La T: kW Sallery Irene transla.ioneve HET N L 22,2010 10753 3,080.2.1 5./10. 911 3 293.79 1 303.60 40,210.94 10.69/3 201.28 2.950.14 2,025.03 1.2.13.12 3,662.28 1.540.39 32,878.93 K 150 (3,982.15) 201.00 (18,877.15) 8,703.00 60.944.04 4,740.85 59,952.31 0.11 (3.77) 4.740.96 59.948.54 282.17 17,298.10 282,168,156 106.15 Equily allribulable to shareholders of Glenmark Pharmaceulicals Limited Particulare Share capital - No, of shares Share capital Share Premium Stock compensation reserve Statutory Nerve Currency Translation reserve Total attributable to owners of the parent company Retained coming Ve Non Total Controlling stockholders interest equily 282.168.156 282.17 17,296.10 14.44 201.00 (14,218.83) 45,819.40 49.394.28 14.23) 49,390 0 279 221 1579 29 1879 22 Balance as at 1 April 2017 Chamon Chcend N91 War - Subur Sleek Orlic CF Other - 24 0754 90.64 (5-88.19) 10.39) (678.83) 7741,01 (588.58) 7,742 : math notrane Transactions with owners Plath Other Comprehensive Income hongnang ocestire Portero extra channel Total Comprehensive Income Balance as at 31 March 2018 20 4.11 7,780.62 52,921.10 0.92 287 168.156 (636.17) 201,00 (14,915.00) 7,084.45 55,890.54 7,085.37 55,886.84 282.17 17,296.10 105 08 (3.70) Sos saumasergree to the core catec tinancial staterarta. ia bero. eoert of Berde For endor benalo the roo Diecare For Walker Chandiok & Co LLP O artereo Art Frm Registration Number: 0010500013 Ashish Gupta Partner tukemarahasuar Glenn Saldanha Chaman 3 Mawaging Director INOCCO Cherylann Pinto Exam Director DN: 0111342 Harish Kuber Company Decay & emola Ofcer VS Mani Executive Drachernance Offcer ON: 01002970 Place: Mumba De 29 May 2019 Pase Ner: Del Cale 20 kay 2009 241 Consolidated STATEMENT OF CASH FLOWS - IFRS A amounts in million of Indian Rupees, unless otherwise stated Particulars Year ended 31 March 2019 Year ended 31 March 2018 A. 103 Cash inflow (outflow) from operating activities Facil: Acus.wenta o econo oprallclore Wxlc ne.cach provides opcra. B.N.CO Decreation amortisation and impairment exorce Fnata 5,165.00 8.510.07 2:03 2113 2/2.16 47.61 073 203.ce TH. 04 80.00 3451.95 11667 320.00 . Tici: Politikes on declcroorly play and ecliprerle Empoyee berefit oticator Interconexpecte ansit Casco Lpcu staru bumpers Proxilor des curte Triton sale of Orthopaedic ardan management India zinas Gainer eingement of FCCB iatiity Un calxanvas Operating profit before changes in operating assets and liabilities Changes in operating assets and liabilities Decesae in trade recevable rcreasey Decreaser nventores CSS Archer delili Net changes in operating assets and liabilities Teeme taxes peid Net cash generated from operating activities Cash inflow/outflow) from investing activities 1:20.8 : 16,905.06 16,304.64 - 11.31 7.207.00: 711.22 44.4. 1,363.41 11.129.5/ 13,241.71 1032.11 1,852.97 11.302.00 2013 3,090.60 13,56 2: 16,480.54 B. 003 779 rere.rev Dividerdag Rantanect rerinches Proceede forskel Orthopaedia and Pain management moia tusinesaire Paymenile lor Purchase ofFoxxpetenden erdirangiole aszelscluding aseelsercons.r. Proceeds from sectoncety plan. ans equipment and Intangbe esseta Net cash used in investing activities Cash Inflow/outflow) from financing activitles Proceedu for long-term borowings B.tank Recamenta cf eng vum crawings roosada fondamente wigs inert 29. 700 1.87 1:111) : 8,218.00 M2,67' 711 51.90 (6,989.93) 110,11340 29.10 (10,133.43) C. 3895.81 110.000 117.80 12 18.US 1878.91: (7,387.35) 5,795.15 19.043.93: 1922.00 7.1.2017 678.09 (4.684.99) COSmartenbestecko bence Dividerd ca din ng tax or ducere Net cash used in financing activities thathew Net Increase/ (decrease) In cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year (refer note-C) Cash and cash equivalents comprise of: (2.970.78) 12,333,56 9,362.78 1,769.92 10.563.64 12,333.56 Benew.htanta in rent accounts and Exchange Ears Foreign Orren Es 802.11. 9352.30 9,362.78 71/ 12328.39 12.333.56