Granules India, 532482, GRANULES Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

21,272.13
32.12
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

21,661.20
0.20%
4.34

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

14.29
7.34
5.99

EBITDA CAGR (%)

10 Years
5 Years
3 Years

14.77
10.43
6.72

PAT CAGR (%)

10 Years
5 Years
3 Years

13.72
7.59
13.65

P:E (Median)

8 Years
5 Years
3 Years

17.91
23.73
26.68

P:BV (Average)

8 Years
5 Years
3 Years

3.15
3.33
3.58

EV:EBITDA (Average)

8 Years
5 Years
3 Years

11.73
12.49
14.17

Earnings Forecasts:

(Updated: 22-08-2026)

Description 2026 2027 2028 2029
Adj EPS 76 6 26.83 23.26
P/E Ratio 11.29 143.03 31.98 36.89
Revenue 27.57 22.07 18.32 5293.22
EBITDA 6205.9 7090.79 8185.9 1145
Net Income 1411.43 1651.9 1986.42 578.22
ROA 775.73 961.31 1183.7 -
P/B Ratio 1.84 -1.33 -0.44 4.62
ROE 3.59 2.93 2.53 13.9
FCFF 13.38 13.99 14.55 -191.01
FCFF Yield 176.75 442.07 971.6 -0.91
Net Debt 0.84 2.1 4.62 576.93
BVPS 465.87 -645.8 -1944.25 185.8

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 801.88 810.21 -1.03% 876.82 768.03 14.16% 895.32 842.20 6.31% 891.61 567.99 56.98%
Expenses 670.42 666.57 0.58% 702.07 651.11 7.83% 701.03 674.33 3.96% 680.20 465.39 46.16%
EBITDA 131.46 143.63 -8.47% 174.75 116.92 49.46% 194.28 167.87 15.73% 211.41 102.60 106.05%
EBIDTM 16.39% 17.73% 19.93% 15.22% 21.70% 19.93% 23.71% 18.06%
Other Income 13.78 13.15 4.79% 16.69 30.49 -45.26% 12.08 5.61 115.33% 7.88 2.78 183.45%
Interest 9.61 13.67 -29.70% 15.71 13.49 16.46% 15.40 17.21 -10.52% 16.65 14.56 14.35%
Depreciation 39.06 39.51 -1.14% 43.64 37.97 14.93% 40.59 37.66 7.78% 40.74 34.75 17.24%
PBT 96.56 91.45 5.59% 132.08 126.69 4.25% 150.38 118.60 26.80% 161.91 56.07 188.76%
Tax 24.82 21.96 13.02% 33.10 32.64 1.41% 38.80 28.49 36.19% 41.29 14.68 181.27%
PAT 71.75 69.48 3.27% 98.99 94.05 5.25% 111.58 90.11 23.83% 120.61 41.39 191.40%
PATM 8.95% 8.58% 11.29% 12.25% 12.46% 10.70% 13.53% 7.29%
EPS 2.90 2.80 3.57% 3.99 3.80 5.00% 4.50 3.64 23.63% 4.87 1.67 191.62%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 1,476.77 1,210.11 22.04% 1,470.61 1,197.43 22.81% 1,387.94 1,137.70 22.00% 1,296.99 966.62 34.18%
Expenses 1,137.87 963.39 18.11% 1,118.50 945.07 18.35% 1,079.84 907.40 19.00% 1,018.76 763.30 33.47%
EBITDA 338.91 246.72 37.37% 352.10 252.36 39.52% 308.10 230.29 33.79% 278.23 203.32 36.84%
EBIDTM 22.95% 20.39% 23.94% 21.07% 22.20% 20.24% 21.45% 21.03%
Other Income 2.27 16.34 -86.11% 8.77 1.92 356.77% -3.64 5.68 - -1.15 3.25 -
Interest 21.12 23.78 -11.19% 32.69 23.98 36.32% 28.69 26.57 7.98% 29.19 25.67 13.71%
Depreciation 79.65 68.85 15.69% 81.75 63.50 28.74% 73.53 56.61 29.89% 72.02 52.52 37.13%
PBT 240.40 144.53 66.33% 262.36 197.55 32.81% 202.23 152.79 32.36% 175.87 128.38 36.99%
Tax 60.44 31.89 89.53% 60.79 45.52 33.55% 52.02 35.19 47.83% 45.26 31.15 45.30%
PAT 179.96 112.64 59.77% 201.57 152.03 32.59% 150.21 117.60 27.73% 130.61 97.23 34.33%
PATM 12.19% 9.31% 13.71% 12.70% 10.82% 10.34% 10.07% 10.06%
EPS 7.26 4.64 56.47% 8.13 6.27 29.67% 6.19 4.85 27.63% 5.38 4.01 34.16%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 3,465.63 3,473.96 3,030.16 3,755.09 3,931.20 3,238.44 3,134.98 2,309.93 2,098.43 1,646.64 1,349.48 Net Sales Growth 15.97% 14.65% -19.31% -4.48% 21.39% 3.30% 35.72% 10.08% 27.44% 22.02% Cost Of Goods Sold 1,510.15 1,512.95 1,344.10 1,906.91 2,161.45 1,757.75 1,509.64 1,221.98 1,250.31 903.09 658.58 Gross Profit 1,955.48 1,961.01 1,686.06 1,848.17 1,769.75 1,480.69 1,625.34 1,087.94 848.11 743.55 690.90 GP Margin 56.43% 56.45% 55.64% 49.22% 45.02% 45.72% 51.85% 47.10% 40.42% 45.16% 51.20% Total Expenditure 2,753.72 2,749.88 2,465.36 2,953.73 3,095.91 2,594.40 2,273.61 1,815.79 1,766.08 1,353.12 1,053.68 Power & Fuel Cost - 100.19 90.31 93.01 88.94 69.91 65.51 57.00 54.94 48.22 38.67 % Of Sales - 2.88% 2.98% 2.48% 2.26% 2.16% 2.09% 2.47% 2.62% 2.93% 2.87% Employee Cost - 383.91 342.20 332.99 278.19 247.86 234.36 192.51 167.00 147.92 125.81 % Of Sales - 11.05% 11.29% 8.87% 7.08% 7.65% 7.48% 8.33% 7.96% 8.98% 9.32% Manufacturing Exp. - 337.72 312.26 270.58 205.25 221.01 167.94 138.10 118.49 103.97 82.92 % Of Sales - 9.72% 10.31% 7.21% 5.22% 6.82% 5.36% 5.98% 5.65% 6.31% 6.14% General & Admin Exp. - 212.52 182.68 133.95 125.56 91.19 139.16 94.21 74.55 65.30 58.05 % Of Sales - 6.12% 6.03% 3.57% 3.19% 2.82% 4.44% 4.08% 3.55% 3.97% 4.30% Selling & Distn. Exp. - 167.52 160.92 166.59 206.74 173.76 124.16 88.95 81.21 76.49 74.78 % Of Sales - 4.82% 5.31% 4.44% 5.26% 5.37% 3.96% 3.85% 3.87% 4.65% 5.54% Miscellaneous Exp. - 35.07 32.90 49.69 29.78 32.92 32.83 23.03 19.57 8.13 74.78 % Of Sales - 1.01% 1.09% 1.32% 0.76% 1.02% 1.05% 1.00% 0.93% 0.49% 1.10% EBITDA 711.90 724.08 564.80 801.36 835.29 644.04 861.37 494.14 332.35 293.52 295.80 EBITDA Margin 20.54% 20.84% 18.64% 21.34% 21.25% 19.89% 27.48% 21.39% 15.84% 17.83% 21.92% Other Income 50.43 49.80 40.68 5.78 12.88 18.12 13.72 26.46 28.49 23.77 14.52 Interest 57.37 61.44 62.78 72.00 38.67 16.35 23.77 26.86 28.36 32.93 32.16 Depreciation 164.03 164.47 146.23 143.85 145.56 126.16 118.45 101.82 90.77 75.92 71.35 PBT 540.93 547.97 396.47 591.29 663.94 519.65 732.87 391.91 241.71 208.45 206.80 Tax 138.01 135.15 107.89 155.37 165.16 133.13 180.09 108.96 79.87 69.29 63.98 Tax Rate 25.51% 25.22% 25.25% 26.28% 24.88% 25.62% 24.57% 19.70% 33.04% 33.24% 30.94% PAT 402.93 400.67 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 PAT before Minority Interest 402.93 400.67 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 11.63% 11.53% 10.54% 11.61% 12.69% 11.94% 17.63% 19.22% 7.71% 8.45% 10.58% PAT Growth 36.57% 25.47% -26.74% -12.60% 29.05% -30.08% 24.48% 174.39% 16.30% -2.57% EPS 16.26 16.17 12.89 17.59 20.13 15.60 22.31 17.92 6.53 5.62 5.76

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 5,632.31 5,365.64 4,481.61 4,506.37 4,511.92 3,764.92 3,237.54 2,598.65 2,279.20 1,684.62 1,410.57 Net Sales Growth 24.83% 19.73% -0.55% -0.12% 19.84% 16.29% 24.59% 14.02% 35.29% 19.43% Cost Of Goods Sold 1,958.45 1,875.70 1,725.70 2,021.25 2,307.28 1,883.64 1,391.28 1,280.93 1,255.56 896.32 679.63 Gross Profit 3,673.86 3,489.94 2,755.91 2,485.12 2,204.63 1,881.28 1,846.27 1,317.72 1,023.64 788.30 730.93 GP Margin 65.23% 65.04% 61.49% 55.15% 48.86% 49.97% 57.03% 50.71% 44.91% 46.79% 51.82% Total Expenditure 4,354.97 4,180.50 3,536.37 3,650.39 3,598.60 3,043.30 2,382.31 2,073.33 1,895.16 1,406.20 1,111.73 Power & Fuel Cost - 128.87 100.74 100.64 95.69 74.66 68.85 59.74 57.67 48.22 38.67 % Of Sales - 2.40% 2.25% 2.23% 2.12% 1.98% 2.13% 2.30% 2.53% 2.86% 2.74% Employee Cost - 849.14 619.66 550.24 420.35 366.44 324.29 259.04 209.82 165.21 140.19 % Of Sales - 15.83% 13.83% 12.21% 9.32% 9.73% 10.02% 9.97% 9.21% 9.81% 9.94% Manufacturing Exp. - 593.97 469.82 408.01 273.93 298.74 228.39 177.94 157.62 120.84 86.23 % Of Sales - 11.07% 10.48% 9.05% 6.07% 7.93% 7.05% 6.85% 6.92% 7.17% 6.11% General & Admin Exp. - 339.66 279.35 211.99 187.96 134.41 172.28 125.63 99.96 83.05 70.02 % Of Sales - 6.33% 6.23% 4.70% 4.17% 3.57% 5.32% 4.83% 4.39% 4.93% 4.96% Selling & Distn. Exp. - 333.41 297.79 290.63 280.00 247.45 159.80 112.17 91.84 83.08 81.37 % Of Sales - 6.21% 6.64% 6.45% 6.21% 6.57% 4.94% 4.32% 4.03% 4.93% 5.77% Miscellaneous Exp. - 59.75 43.32 67.62 33.38 37.96 37.42 57.88 22.69 9.49 81.37 % Of Sales - 1.11% 0.97% 1.50% 0.74% 1.01% 1.16% 2.23% 1.00% 0.56% 1.11% EBITDA 1,277.34 1,185.14 945.24 855.98 913.32 721.62 855.23 525.32 384.04 278.42 298.84 EBITDA Margin 22.68% 22.09% 21.09% 18.99% 20.24% 19.17% 26.42% 20.22% 16.85% 16.53% 21.19% Other Income 6.25 20.33 12.92 4.40 14.29 18.22 26.88 36.56 26.68 10.84 9.93 Interest 111.69 114.35 103.24 105.82 55.93 23.21 26.28 27.02 28.46 33.06 32.26 Depreciation 306.95 296.14 225.50 207.33 184.49 158.63 151.46 136.95 105.48 76.20 71.51 PBT 880.86 794.98 629.42 547.23 687.17 558.00 704.36 397.90 276.78 180.00 204.99 Tax 218.51 189.96 158.65 141.92 170.58 145.24 154.91 115.73 89.11 63.40 65.20 Tax Rate 24.81% 24.20% 24.03% 25.93% 24.82% 26.03% 21.99% 27.19% 32.20% 35.22% 31.81% PAT 662.35 595.02 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 PAT before Minority Interest 662.35 595.02 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 11.76% 11.09% 11.19% 8.99% 11.45% 10.96% 16.97% 12.91% 10.37% 7.87% 11.66% PAT Growth 38.13% 18.64% 23.74% -21.54% 25.16% -24.88% 63.82% 41.87% 78.30% -19.41% EPS 26.73 24.01 20.24 16.36 20.85 16.66 22.17 13.54 9.54 5.35 6.64

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 4,399.12 3,403.01 3,110.95 2,699.46 2,530.66 2,162.62 1,811.59 1,423.24 1,278.20 884.36 Share Capital 24.78 24.25 24.24 24.20 24.80 24.77 25.42 25.42 25.38 22.87 Total Reserves 4,008.71 3,365.04 3,073.00 2,661.83 2,493.62 2,127.56 1,777.38 1,391.01 1,247.40 859.04 Non-Current Liabilities 129.22 148.43 126.13 210.04 300.36 391.88 487.14 558.30 503.65 195.52 Secured Loans 0.00 0.00 50.01 148.64 233.70 333.81 414.83 478.78 433.13 123.90 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 6.08 0.00 0.00 0.34 Long Term Provisions 22.61 31.50 37.86 29.26 28.31 24.84 21.50 12.58 7.70 7.25 Current Liabilities 1,452.95 1,600.44 1,768.55 1,593.77 1,541.60 1,128.33 847.45 842.84 856.95 775.09 Trade Payables 490.87 613.16 654.63 744.39 606.80 507.65 322.88 276.89 260.54 209.90 Other Current Liabilities 176.44 187.93 193.63 162.67 180.39 183.49 143.48 106.55 62.90 89.76 Short Term Borrowings 733.68 756.48 904.23 663.08 720.04 409.27 371.69 454.21 525.10 473.83 Short Term Provisions 51.96 42.87 16.06 23.63 34.37 27.92 9.41 5.20 8.41 1.60 Total Liabilities 5,981.29 5,151.88 5,005.63 4,503.27 4,372.62 3,682.83 3,146.18 2,824.38 2,638.80 1,854.97 Net Block 1,452.82 1,405.00 1,323.67 1,329.80 1,170.83 985.00 926.88 699.95 660.15 605.58 Gross Block 2,659.11 2,499.41 2,312.27 2,200.71 1,949.12 1,693.02 1,522.83 1,195.01 1,065.65 937.36 Accumulated Depreciation 1,206.29 1,094.41 988.60 870.91 778.29 708.02 595.94 495.06 405.50 331.78 Non Current Assets 3,685.68 2,864.96 2,371.70 2,185.30 2,041.97 1,804.97 1,671.30 1,615.46 1,460.30 1,021.47 Capital Work in Progress 117.64 120.78 52.94 63.46 210.52 164.01 129.78 333.03 286.03 132.31 Non Current Investment 2,029.82 1,281.53 941.40 676.53 596.53 591.53 445.39 506.46 75.12 75.11 Long Term Loans & Adv. 85.40 57.64 53.70 115.52 64.08 64.42 169.24 76.02 439.00 208.47 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 2,295.59 2,286.91 2,633.92 2,317.97 2,330.65 1,877.87 1,365.03 1,208.91 1,178.50 833.50 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 626.21 648.49 578.62 593.41 590.74 461.70 343.95 314.14 227.36 237.59 Sundry Debtors 1,247.02 1,294.53 1,633.19 1,372.19 1,210.43 1,014.24 627.00 704.21 692.91 468.31 Cash & Bank 276.14 170.34 228.11 202.98 355.09 241.23 272.34 62.44 97.41 39.36 Other Current Assets 146.22 43.81 36.75 36.47 174.40 160.71 121.74 128.13 160.82 88.23 Short Term Loans & Adv. 102.84 129.76 157.26 112.91 120.21 112.56 81.37 92.25 113.52 49.24 Net Current Assets 842.65 686.48 865.37 724.20 789.06 749.53 517.58 366.07 321.55 58.40 Total Assets 5,981.27 5,151.87 5,005.62 4,503.27 4,372.62 3,682.84 3,036.33 2,824.37 2,638.80 1,854.97

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 5,084.99 3,715.58 3,225.54 2,834.91 2,586.54 2,173.27 1,843.72 1,529.47 1,304.18 903.60 Share Capital 24.78 24.25 24.24 24.20 24.80 24.77 25.42 25.42 25.38 22.87 Total Reserves 4,694.59 3,677.62 3,183.00 2,792.68 2,545.01 2,126.23 1,800.02 1,493.09 1,273.38 878.28 Non-Current Liabilities 479.07 465.99 176.04 254.73 282.83 366.30 485.98 552.63 488.19 187.99 Secured Loans 297.15 311.51 68.97 148.64 233.70 333.81 414.83 478.78 433.13 123.90 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 6.69 0.00 0.00 0.34 Long Term Provisions 47.78 31.76 37.88 29.26 28.31 24.84 21.50 12.58 7.70 7.25 Current Liabilities 2,092.03 2,003.16 2,082.29 1,813.50 1,641.60 1,173.10 893.40 896.48 877.91 787.13 Trade Payables 672.80 726.07 749.53 782.13 638.61 541.05 356.88 323.48 274.35 215.98 Other Current Liabilities 336.07 304.61 261.08 193.19 200.85 194.25 153.16 113.60 69.84 93.43 Short Term Borrowings 1,025.34 922.56 1,054.24 810.88 765.58 409.27 371.69 454.21 525.10 473.83 Short Term Provisions 57.81 49.92 17.45 27.31 36.56 28.53 11.66 5.20 8.62 3.90 Total Liabilities 7,656.09 6,184.73 5,483.87 4,903.14 4,511.53 3,712.67 3,223.10 2,978.58 2,670.28 1,878.72 Net Block 3,250.12 2,426.47 2,095.62 1,910.92 1,541.17 1,332.00 1,203.97 944.25 776.73 644.34 Gross Block 4,987.94 3,882.08 3,351.81 2,981.22 2,461.77 2,145.15 1,875.23 1,472.94 1,199.63 983.66 Accumulated Depreciation 1,737.82 1,455.61 1,256.19 1,070.30 920.59 813.15 671.26 528.69 422.90 339.32 Non Current Assets 3,888.45 3,069.25 2,578.83 2,328.99 2,006.54 1,715.68 1,594.41 1,696.34 1,483.71 1,050.55 Capital Work in Progress 409.54 440.19 271.70 239.39 356.23 239.08 294.20 495.95 514.52 267.43 Non Current Investment 0.84 22.04 21.52 21.21 19.67 18.99 19.34 210.42 156.56 108.23 Long Term Loans & Adv. 226.32 179.51 190.00 157.47 89.47 125.61 76.89 45.72 35.91 30.56 Other Non Current Assets 1.64 1.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 3,767.65 3,115.48 2,905.05 2,574.15 2,504.99 1,997.00 1,518.85 1,282.24 1,186.57 828.16 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,673.03 1,342.82 1,300.55 1,149.41 978.55 782.18 438.43 384.21 279.95 269.18 Sundry Debtors 909.37 942.22 985.83 948.54 924.95 765.42 662.04 673.54 628.25 417.70 Cash & Bank 949.06 596.38 386.38 312.79 409.46 271.04 283.94 89.04 115.64 49.80 Other Current Assets 236.19 53.91 46.28 49.22 192.02 178.35 134.43 135.45 162.73 91.49 Short Term Loans & Adv. 162.95 180.15 186.00 114.19 130.35 127.61 91.83 98.46 114.09 51.66 Net Current Assets 1,675.62 1,112.32 822.75 760.65 863.38 823.90 625.45 385.76 308.65 41.03 Total Assets 7,656.10 6,184.73 5,483.88 4,903.14 4,511.53 3,712.68 3,113.26 2,978.58 2,670.28 1,878.71

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 643.32 822.71 316.93 663.68 280.29 374.66 494.79 226.85 23.98 190.14 PBT 535.81 427.22 591.29 663.94 519.65 732.87 553.03 241.71 208.45 206.80 Adjustment 227.26 229.29 229.36 178.19 137.11 153.72 -53.91 121.92 91.94 94.81 Changes in Working Capital 32.22 257.02 -346.65 -1.30 -233.77 -325.99 115.30 -49.97 -222.92 -52.64 Cash after chg. in Working capital 795.29 913.53 474.00 840.82 422.99 560.60 614.42 313.66 77.47 248.97 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -151.97 -90.83 -157.07 -177.14 -142.70 -185.94 -119.63 -86.80 -53.49 -58.83 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -1,033.18 -552.43 -302.98 -96.45 -318.45 -232.62 -164.80 -242.91 -494.86 -299.57 Net Fixed Assets -156.56 -254.98 -101.04 -104.53 -302.61 -204.42 -124.57 -176.36 -282.01 -249.86 Net Investments -748.29 -340.13 -264.87 -80.00 -5.00 -146.14 61.07 -431.34 -0.01 13.84 Others -128.33 42.68 62.93 88.08 -10.84 117.94 -101.30 364.79 -212.84 -63.55 Cash from Financing Activity 444.33 -339.82 26.14 -519.47 151.43 -296.21 -212.29 -17.33 528.75 36.23 Net Cash Inflow / Outflow 54.47 -69.55 40.10 47.76 113.27 -154.17 117.70 -33.39 57.87 -73.20 Opening Cash & Equivalents 152.34 223.08 181.75 134.24 20.03 174.32 56.42 89.81 31.94 104.76 Closing Cash & Equivalent 210.09 152.34 223.08 181.75 134.24 20.03 174.32 56.42 89.81 31.94

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 793.25 866.57 439.41 738.75 332.06 432.48 476.19 262.24 -0.65 188.24 PBT 784.98 660.17 547.23 687.17 558.00 704.36 425.64 276.78 180.00 204.99 Adjustment 390.12 344.13 328.80 237.69 176.29 194.43 156.88 149.85 107.45 95.14 Changes in Working Capital -141.66 6.02 -246.32 -10.31 -257.19 -274.95 12.75 -75.94 -230.03 -52.37 Cash after chg. in Working capital 1,033.45 1,010.32 629.71 914.55 477.11 623.84 595.27 350.69 57.42 247.77 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -240.20 -143.75 -190.30 -175.80 -145.05 -191.37 -119.08 -88.45 -58.07 -59.53 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -773.21 -691.29 -360.16 -191.36 -380.12 -277.13 -160.63 -269.82 -462.31 -326.09 Net Fixed Assets -156.56 -254.98 -101.04 -104.53 -302.61 -204.42 -124.57 -176.36 -282.01 -249.86 Net Investments -748.29 -340.13 -264.87 -80.00 -5.00 -146.14 61.07 -431.34 -0.01 13.84 Others 131.64 -96.18 5.75 -6.83 -72.51 73.43 -97.13 337.88 -180.29 -90.07 Cash from Financing Activity 379.29 -92.51 7.66 -440.29 190.00 -299.31 -212.85 -17.43 528.62 55.87 Net Cash Inflow / Outflow 399.33 82.77 86.92 107.10 141.94 -143.97 102.70 -25.01 65.66 -81.98 Opening Cash & Equivalents 466.11 381.10 291.56 184.71 41.84 185.93 83.02 108.03 42.37 124.35 Closing Cash & Equivalent 880.24 466.11 381.10 291.56 184.71 41.84 185.93 83.02 108.03 42.37

Financial Ratios

Consolidated /

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 162.77 139.74 127.79 110.97 101.55 86.90 70.91 55.71 50.14 38.56 ROA 7.20% 6.29% 9.17% 11.24% 9.60% 16.19% 14.88% 5.92% 6.19% 8.35% ROE 10.80% 9.85% 15.08% 19.17% 16.55% 27.95% 27.59% 12.04% 12.92% 18.82% ROCE 12.78% 11.70% 17.06% 19.55% 16.29% 26.53% 22.67% 11.56% 12.71% 16.79% Fixed Asset Turnover 1.37 1.27 1.67 1.89 1.78 1.98 1.71 1.87 1.65 1.60 Receivable days 130.91 174.57 145.55 119.89 125.37 93.87 104.53 120.48 128.14 121.18 Inventory Days 65.66 73.17 56.76 54.97 59.31 46.08 51.67 46.70 51.31 59.46 Payable days 133.17 172.14 133.89 114.09 115.71 100.40 57.71 53.12 62.58 65.51 Cash Conversion Cycle 63.40 75.60 68.42 60.78 68.97 39.55 98.49 114.06 116.87 115.13 Total Debt/Equity 0.18 0.24 0.34 0.34 0.42 0.39 0.49 0.70 0.77 0.74 Interest Cover 9.72 7.81 9.21 18.17 32.78 31.83 21.59 9.52 7.33 7.43

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 190.45 152.63 132.33 116.38 103.62 86.85 71.80 59.73 51.17 39.40 ROA 8.60% 8.60% 7.80% 10.97% 10.04% 15.84% 9.99% 6.64% 5.13% 8.12% ROE 14.13% 14.52% 13.46% 19.18% 17.49% 27.64% 18.54% 13.32% 10.60% 18.23% ROCE 15.74% 16.16% 15.66% 19.63% 17.37% 25.42% 17.22% 12.71% 11.09% 16.57% Fixed Asset Turnover 2.26 2.06 2.07 1.66 1.63 1.97 1.75 1.78 1.55 1.59 Receivable days 33.72 47.23 53.89 75.78 81.94 65.94 83.34 100.03 112.83 100.84 Inventory Days 54.92 64.75 68.26 86.07 85.35 56.39 51.34 51.03 59.23 66.49 Payable days 136.11 156.05 138.29 112.38 114.29 117.79 58.20 54.96 62.37 64.87 Cash Conversion Cycle -47.47 -44.08 -16.14 49.48 52.99 4.54 76.48 96.10 109.70 102.46 Total Debt/Equity 0.28 0.35 0.38 0.38 0.43 0.39 0.49 0.65 0.75 0.73 Interest Cover 7.86 7.39 6.17 13.29 25.04 27.80 16.75 10.72 6.44 7.36

Top Investors:

life insurance corporation of india

sbi life insurance co. ltd

kotak mahindra life insurance company ltd.

smallcap world fund, inc

aditya birla sun life trustee private limited a/c

basava sankara rao kolli

360 one pipe fund

investor education and protection fund (iepf)

Annual Reports:

News Update:

Granules India - Quarterly Results
22nd Jul 2026, 00:00 AM

Read More
Granules India reports 60% jump in Q1 consolidated net profit
21st Jul 2026, 14:38 PM

The total consolidated income of the company has increased by 20.60% at Rs 1,479.04 crore for Q1FY27
Read More
Granules India secures sole FTF ANDA status for Sodium Oxybate
6th Jul 2026, 09:57 AM

It is the generic equivalent of LUMRYZ extended-release oral suspension
Read More
Granules India’s arm receives Establishment Inspection Report from USFDA
3rd Jun 2026, 14:12 PM

The inspection was conducted from March 30 to April 3, 2026, during which four Form 483 observations were issued
Read More

Granules India Ltd.

Pharmaceuticals & Drugs - API

BSE: 532482 | NSE: GRANULES

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Granules India Ltd.

Pharmaceuticals & Drugs - API

BSE: 532482 | NSE: GRANULES

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: