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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

14,493.39
26.57
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

15,511.82
0.25%
3.51

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

12.69
6.72
-0.22

EBITDA CAGR (%)

10 Years
5 Years
3 Years

13.10
2.02
0.69

PAT CAGR (%)

10 Years
5 Years
3 Years

14.91
-1.81
-0.98

P:E (Median)

8 Years
5 Years
3 Years

17.23
18.70
25.65

P:BV (Average)

8 Years
5 Years
3 Years

3.02
3.34
3.37

EV:EBITDA (Average)

8 Years
5 Years
3 Years

11.38
11.96
12.98

Earnings Forecasts:

(Updated: 21-02-2026)

Description 2024 2025 2026 2027
Adj EPS 20.69 23.82 29.52 36.97
P/E Ratio 28.95 25.15 20.29 16.20
Revenue 4481.61 5264.8 6097.27 6894.37
EBITDA 945.24 1136.78 1371.13 1602.12
Net Income 501.52 575.12 746.42 905.82
ROA 8.52
P/B Ratio 3.91 3.37 2.96 2.52
ROE 14.45 13.99 14.48 15.04
FCFF 195 -256.32 282.94 461.71
FCFF Yield 1.33 -1.75 1.93 3.15
Net Debt 842.63 806.25 647.3 -264.6
BVPS 153.19 178 202.24 237.78

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 895.32 842.20 6.31% 891.61 567.99 56.98% 810.21 851.95 -4.90% 768.03 940.19 -18.31%
Expenses 701.03 674.33 3.96% 680.20 465.39 46.16% 666.57 674.54 -1.18% 651.11 750.91 -13.29%
EBITDA 194.28 167.87 15.73% 211.41 102.60 106.05% 143.63 177.41 -19.04% 116.92 189.28 -38.23%
EBIDTM 21.70% 19.93% 23.71% 18.06% 17.73% 20.82% 15.22% 20.13%
Other Income 12.08 5.61 115.33% 7.88 2.78 183.45% 13.15 1.81 626.52% 30.49 3.42 791.52%
Interest 15.40 17.21 -10.52% 16.65 14.56 14.35% 13.67 17.52 -21.97% 13.49 19.79 -31.83%
Depreciation 40.59 37.66 7.78% 40.74 34.75 17.24% 39.51 35.85 10.21% 37.97 36.41 4.28%
PBT 150.38 118.60 26.80% 161.91 56.07 188.76% 91.45 125.86 -27.34% 126.69 136.51 -7.19%
Tax 38.80 28.49 36.19% 41.29 14.68 181.27% 21.96 32.08 -31.55% 32.64 39.30 -16.95%
PAT 111.58 90.11 23.83% 120.61 41.39 191.40% 69.48 93.78 -25.91% 94.05 97.22 -3.26%
PATM 12.46% 10.70% 13.53% 7.29% 8.58% 11.01% 12.25% 10.34%
EPS 4.60 3.71 23.99% 4.97 1.71 190.64% 2.86 3.86 -25.91% 3.88 4.01 -3.24%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 1,387.94 1,137.70 22.00% 1,296.99 966.62 34.18% 1,210.11 1,179.87 2.56% 1,197.43 1,175.78 1.84%
Expenses 1,079.84 907.40 19.00% 1,018.76 763.30 33.47% 963.39 920.60 4.65% 945.07 920.08 2.72%
EBITDA 308.10 230.29 33.79% 278.23 203.32 36.84% 246.72 259.27 -4.84% 252.36 255.70 -1.31%
EBIDTM 22.20% 20.24% 21.45% 21.03% 20.39% 21.97% 21.07% 21.75%
Other Income -3.64 5.68 - -1.15 3.25 - 16.34 2.06 693.20% 1.92 1.87 2.67%
Interest 28.69 26.57 7.98% 29.19 25.67 13.71% 23.78 27.02 -11.99% 23.98 28.76 -16.62%
Depreciation 73.53 56.61 29.89% 72.02 52.52 37.13% 68.85 52.87 30.23% 63.50 53.18 19.41%
PBT 202.23 152.79 32.36% 175.87 128.38 36.99% 144.53 181.44 -20.34% 197.55 175.64 12.47%
Tax 52.02 35.19 47.83% 45.26 31.15 45.30% 31.89 46.79 -31.84% 45.52 45.99 -1.02%
PAT 150.21 117.60 27.73% 130.61 97.23 34.33% 112.64 134.65 -16.35% 152.03 129.65 17.26%
PATM 10.82% 10.34% 10.07% 10.06% 9.31% 11.41% 12.70% 11.03%
EPS 6.19 4.85 27.63% 5.38 4.01 34.16% 4.64 5.56 -16.55% 6.27 5.35 17.20%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 3,365.17 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 1,327.74 Net Sales Growth 5.09% -19.31% -4.48% 21.39% 3.30% 35.72% 10.08% 27.44% 22.02% 1.64% Cost Of Goods Sold 1,464.96 1,344.10 1,906.91 2,161.45 1,757.75 1,509.64 1,221.98 1,250.31 903.09 658.58 729.65 Gross Profit 1,900.21 1,686.06 1,848.17 1,769.75 1,480.69 1,625.34 1,087.94 848.11 743.55 690.90 598.09 GP Margin 56.47% 55.64% 49.22% 45.02% 45.72% 51.85% 47.10% 40.42% 45.16% 51.20% 45.05% Total Expenditure 2,698.91 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 1,058.15 Power & Fuel Cost - 90.31 93.01 88.94 69.91 65.51 57.00 54.94 48.22 38.67 34.97 % Of Sales - 2.98% 2.48% 2.26% 2.16% 2.09% 2.47% 2.62% 2.93% 2.87% 2.63% Employee Cost - 342.20 332.99 278.19 247.86 234.36 192.51 167.00 147.92 125.81 106.34 % Of Sales - 11.29% 8.87% 7.08% 7.65% 7.48% 8.33% 7.96% 8.98% 9.32% 8.01% Manufacturing Exp. - 312.26 270.58 205.25 221.01 167.94 138.10 118.49 103.97 82.92 64.50 % Of Sales - 10.31% 7.21% 5.22% 6.82% 5.36% 5.98% 5.65% 6.31% 6.14% 4.86% General & Admin Exp. - 182.68 133.95 125.56 91.19 139.16 94.21 74.55 65.30 58.05 54.46 % Of Sales - 6.03% 3.57% 3.19% 2.82% 4.44% 4.08% 3.55% 3.97% 4.30% 4.10% Selling & Distn. Exp. - 160.92 166.59 206.74 173.76 124.16 88.95 81.21 76.49 74.78 63.44 % Of Sales - 5.31% 4.44% 5.26% 5.37% 3.96% 3.85% 3.87% 4.65% 5.54% 4.78% Miscellaneous Exp. - 32.90 49.69 29.78 32.92 32.83 23.03 19.57 8.13 14.88 63.44 % Of Sales - 1.09% 1.32% 0.76% 1.02% 1.05% 1.00% 0.93% 0.49% 1.10% 0.36% EBITDA 666.24 564.80 801.36 835.29 644.04 861.37 494.14 332.35 293.52 295.80 269.59 EBITDA Margin 19.80% 18.64% 21.34% 21.25% 19.89% 27.48% 21.39% 15.84% 17.83% 21.92% 20.30% Other Income 63.60 40.68 5.78 12.88 18.12 13.72 26.46 28.49 23.77 14.52 6.67 Interest 59.21 62.78 72.00 38.67 16.35 23.77 26.86 28.36 32.93 32.16 37.05 Depreciation 158.81 146.23 143.85 145.56 126.16 118.45 101.82 90.77 75.92 71.35 58.25 PBT 530.43 396.47 591.29 663.94 519.65 732.87 391.91 241.71 208.45 206.80 180.96 Tax 134.69 107.89 155.37 165.16 133.13 180.09 108.96 79.87 69.29 63.98 60.18 Tax Rate 25.39% 25.25% 26.28% 24.88% 25.62% 24.57% 19.70% 33.04% 33.24% 30.94% 33.26% PAT 395.72 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 120.78 PAT before Minority Interest 395.72 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 120.78 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% 10.54% 11.61% 12.69% 11.94% 17.63% 19.22% 7.71% 8.45% 10.58% 9.10% PAT Growth 22.70% -26.74% -12.60% 29.05% -30.08% 24.48% 174.39% 16.30% -2.57% 18.26% EPS 16.30 13.16 17.96 20.55 15.93 22.78 18.30 6.67 5.73 5.89 4.98

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 5,092.47 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 1,357.18 Net Sales Growth 14.18% -0.55% -0.12% 19.84% 16.29% 24.59% 14.02% 35.29% 19.43% 3.93% Cost Of Goods Sold 1,809.96 1,725.70 2,021.25 2,307.28 1,883.64 1,391.28 1,280.93 1,255.56 896.32 679.63 725.03 Gross Profit 3,282.51 2,755.91 2,485.12 2,204.63 1,881.28 1,846.27 1,317.72 1,023.64 788.30 730.93 632.15 GP Margin 64.46% 61.49% 55.15% 48.86% 49.97% 57.03% 50.71% 44.91% 46.79% 51.82% 46.58% Total Expenditure 4,007.06 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 1,081.29 Power & Fuel Cost - 100.74 100.64 95.69 74.66 68.85 59.74 57.67 48.22 38.67 34.97 % Of Sales - 2.25% 2.23% 2.12% 1.98% 2.13% 2.30% 2.53% 2.86% 2.74% 2.58% Employee Cost - 619.66 550.24 420.35 366.44 324.29 259.04 209.82 165.21 140.19 117.57 % Of Sales - 13.83% 12.21% 9.32% 9.73% 10.02% 9.97% 9.21% 9.81% 9.94% 8.66% Manufacturing Exp. - 469.82 408.01 273.93 298.74 228.39 177.94 157.62 120.84 86.23 65.02 % Of Sales - 10.48% 9.05% 6.07% 7.93% 7.05% 6.85% 6.92% 7.17% 6.11% 4.79% General & Admin Exp. - 279.35 211.99 187.96 134.41 172.28 125.63 99.96 83.05 70.02 62.33 % Of Sales - 6.23% 4.70% 4.17% 3.57% 5.32% 4.83% 4.39% 4.93% 4.96% 4.59% Selling & Distn. Exp. - 297.79 290.63 280.00 247.45 159.80 112.17 91.84 83.08 81.37 67.75 % Of Sales - 6.64% 6.45% 6.21% 6.57% 4.94% 4.32% 4.03% 4.93% 5.77% 4.99% Miscellaneous Exp. - 43.32 67.62 33.38 37.96 37.42 57.88 22.69 9.49 15.61 67.75 % Of Sales - 0.97% 1.50% 0.74% 1.01% 1.16% 2.23% 1.00% 0.56% 1.11% 0.64% EBITDA 1,085.41 945.24 855.98 913.32 721.62 855.23 525.32 384.04 278.42 298.84 275.89 EBITDA Margin 21.31% 21.09% 18.99% 20.24% 19.17% 26.42% 20.22% 16.85% 16.53% 21.19% 20.33% Other Income 13.47 12.92 4.40 14.29 18.22 26.88 36.56 26.68 10.84 9.93 5.62 Interest 105.64 103.24 105.82 55.93 23.21 26.28 27.02 28.46 33.06 32.26 37.07 Depreciation 277.90 225.50 207.33 184.49 158.63 151.46 136.95 105.48 76.20 71.51 58.40 PBT 720.18 629.42 547.23 687.17 558.00 704.36 397.90 276.78 180.00 204.99 186.03 Tax 174.69 158.65 141.92 170.58 145.24 154.91 115.73 89.11 63.40 65.20 61.15 Tax Rate 24.26% 24.03% 25.93% 24.82% 26.03% 21.99% 27.19% 32.20% 35.22% 31.81% 32.87% PAT 545.49 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 124.89 PAT before Minority Interest 545.49 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 124.89 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 10.71% 11.19% 8.99% 11.45% 10.96% 16.97% 12.91% 10.37% 7.87% 11.66% 9.20% PAT Growth 13.85% 23.74% -21.54% 25.16% -24.88% 63.82% 41.87% 78.30% -19.41% 31.73% EPS 22.48 20.66 16.70 21.29 17.01 22.64 13.82 9.74 5.46 6.78 5.15

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 3,403.01 3,110.95 2,699.46 2,530.66 2,162.62 1,811.59 1,423.24 1,278.20 884.36 664.50 Share Capital 24.25 24.24 24.20 24.80 24.77 25.42 25.42 25.38 22.87 21.67 Total Reserves 3,365.04 3,073.00 2,661.83 2,493.62 2,127.56 1,777.38 1,391.01 1,247.40 859.04 614.03 Non-Current Liabilities 148.43 126.13 210.04 300.36 391.88 487.14 558.30 503.65 195.52 252.93 Secured Loans 0.00 50.01 148.64 233.70 333.81 414.83 478.78 433.13 123.90 183.66 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 6.08 0.00 0.00 0.34 0.55 Long Term Provisions 31.50 37.86 29.26 28.31 24.84 21.50 12.58 7.70 7.25 5.58 Current Liabilities 1,600.44 1,768.55 1,593.77 1,541.60 1,128.33 847.45 842.84 856.95 775.09 650.46 Trade Payables 613.16 654.63 744.39 606.80 507.65 322.88 276.89 260.54 209.90 177.15 Other Current Liabilities 187.93 193.63 162.67 180.39 183.49 143.48 106.55 62.90 89.76 78.87 Short Term Borrowings 756.48 904.23 663.08 720.04 409.27 371.69 454.21 525.10 473.83 392.85 Short Term Provisions 42.87 16.06 23.63 34.37 27.92 9.41 5.20 8.41 1.60 1.58 Total Liabilities 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 1,567.89 Net Block 1,405.00 1,323.67 1,329.80 1,170.83 985.00 926.88 699.95 660.15 605.58 523.29 Gross Block 2,499.41 2,312.27 2,200.71 1,949.12 1,693.02 1,522.83 1,195.01 1,065.65 937.36 784.53 Accumulated Depreciation 1,094.41 988.60 870.91 778.29 708.02 595.94 495.06 405.50 331.78 261.24 Non Current Assets 2,864.96 2,371.70 2,185.30 2,041.97 1,804.97 1,671.30 1,615.46 1,460.30 1,021.47 747.81 Capital Work in Progress 120.78 52.94 63.46 210.52 164.01 129.78 333.03 286.03 132.31 35.28 Non Current Investment 1,281.53 941.40 676.53 596.53 591.53 445.39 506.46 75.12 75.11 88.95 Long Term Loans & Adv. 57.64 53.70 115.52 64.08 64.42 169.24 76.02 439.00 208.47 100.30 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 2,286.91 2,633.92 2,317.97 2,330.65 1,877.87 1,365.03 1,208.91 1,178.50 833.50 820.08 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 648.49 578.62 593.41 590.74 461.70 343.95 314.14 227.36 237.59 210.13 Sundry Debtors 1,294.53 1,633.19 1,372.19 1,210.43 1,014.24 627.00 704.21 692.91 468.31 444.16 Cash & Bank 170.34 228.11 202.98 355.09 241.23 272.34 62.44 97.41 39.36 110.70 Other Current Assets 173.57 36.75 36.47 54.19 160.71 121.74 128.13 160.82 88.23 55.09 Short Term Loans & Adv. 129.76 157.26 112.91 120.21 112.56 81.37 92.25 113.52 49.24 45.75 Net Current Assets 686.48 865.37 724.20 789.06 749.53 517.58 366.07 321.55 58.40 169.63 Total Assets 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 1,567.89

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 3,715.58 3,225.54 2,834.91 2,586.54 2,173.27 1,843.72 1,529.47 1,304.18 903.60 661.60 Share Capital 24.25 24.24 24.20 24.80 24.77 25.42 25.42 25.38 22.87 21.67 Total Reserves 3,677.62 3,183.00 2,792.68 2,545.01 2,126.23 1,800.02 1,493.09 1,273.38 878.28 611.13 Non-Current Liabilities 465.99 176.04 254.73 282.83 366.30 485.98 552.63 488.19 187.99 246.62 Secured Loans 311.51 68.97 148.64 233.70 333.81 414.83 478.78 433.13 123.90 183.66 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 6.69 0.00 0.00 0.34 0.55 Long Term Provisions 31.76 37.88 29.26 28.31 24.84 21.50 12.58 7.70 7.25 5.58 Current Liabilities 2,003.16 2,082.29 1,813.50 1,641.60 1,173.10 893.40 896.48 877.91 787.13 654.75 Trade Payables 726.07 749.53 782.13 638.61 541.05 356.88 323.48 274.35 215.98 181.10 Other Current Liabilities 304.61 261.08 193.19 200.85 194.25 153.16 113.60 69.84 93.43 79.21 Short Term Borrowings 922.56 1,054.24 810.88 765.58 409.27 371.69 454.21 525.10 473.83 392.85 Short Term Provisions 49.92 17.45 27.31 36.56 28.53 11.66 5.20 8.62 3.90 1.58 Total Liabilities 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 1,562.97 Net Block 2,426.47 2,095.62 1,910.92 1,541.17 1,332.00 1,203.97 944.25 776.73 644.34 559.94 Gross Block 3,882.08 3,351.81 2,981.22 2,461.77 2,145.15 1,875.23 1,472.94 1,199.63 983.66 822.98 Accumulated Depreciation 1,455.61 1,256.19 1,070.30 920.59 813.15 671.26 528.69 422.90 339.32 263.05 Non Current Assets 3,069.25 2,578.83 2,328.99 2,006.54 1,715.68 1,594.41 1,696.34 1,483.71 1,050.55 744.97 Capital Work in Progress 440.19 271.70 239.39 356.23 239.08 294.20 495.95 514.52 267.43 76.56 Non Current Investment 22.04 21.52 21.21 19.67 18.99 19.34 210.42 156.56 108.23 70.11 Long Term Loans & Adv. 179.51 190.00 157.47 89.47 125.61 76.89 45.72 35.91 30.56 38.37 Other Non Current Assets 1.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 3,115.48 2,905.05 2,574.15 2,504.99 1,997.00 1,518.85 1,282.24 1,186.57 828.16 818.00 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,342.82 1,300.55 1,149.41 978.55 782.18 438.43 384.21 279.95 269.18 253.72 Sundry Debtors 942.22 985.83 948.54 924.95 765.42 662.04 673.54 628.25 417.70 375.35 Cash & Bank 596.38 386.38 312.79 409.46 271.04 283.94 89.04 115.64 49.80 130.29 Other Current Assets 234.06 46.28 49.22 61.67 178.35 134.43 135.45 162.73 91.49 58.65 Short Term Loans & Adv. 180.15 186.00 114.19 130.35 127.61 91.83 98.46 114.09 51.66 48.68 Net Current Assets 1,112.32 822.75 760.65 863.38 823.90 625.45 385.76 308.65 41.03 163.25 Total Assets 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 1,562.97

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 822.71 316.93 663.68 280.29 374.66 494.79 226.85 23.98 190.14 143.98 PBT 427.22 591.29 663.94 519.65 732.87 553.03 241.71 208.45 206.80 180.96 Adjustment 229.29 229.36 178.19 137.11 153.72 -53.91 121.92 91.94 94.81 90.88 Changes in Working Capital 257.02 -346.65 -1.30 -233.77 -325.99 115.30 -49.97 -222.92 -52.64 -80.27 Cash after chg. in Working capital 913.53 474.00 840.82 422.99 560.60 614.42 313.66 77.47 248.97 191.57 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -90.83 -157.07 -177.14 -142.70 -185.94 -119.63 -86.80 -53.49 -58.83 -47.59 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 -552.43 -302.98 -96.45 -318.45 -232.62 -164.80 -242.91 -494.86 -299.57 -171.22 Net Fixed Assets -254.98 -101.04 -104.53 -302.61 -204.42 -124.57 -176.36 -282.01 -249.86 -75.62 Net Investments -340.13 -264.87 -80.00 -5.00 -146.14 61.07 -431.34 -0.01 13.84 -16.48 Others 42.68 62.93 88.08 -10.84 117.94 -101.30 364.79 -212.84 -63.55 -79.12 Cash from Financing Activity -339.82 26.14 -519.47 151.43 -296.21 -212.29 -17.33 528.75 36.23 85.70 Net Cash Inflow / Outflow -69.55 40.10 47.76 113.27 -154.17 117.70 -33.39 57.87 -73.20 58.47 Opening Cash & Equivalents 223.08 181.75 134.24 20.03 174.32 56.42 89.81 31.94 104.76 52.23 Closing Cash & Equivalent 152.34 223.08 181.75 134.24 20.03 174.32 56.42 89.81 31.94 110.70

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 866.57 439.41 738.75 332.06 432.48 476.19 262.24 -0.65 188.24 151.43 PBT 660.17 547.23 687.17 558.00 704.36 425.64 276.78 180.00 204.99 186.03 Adjustment 344.13 328.80 237.69 176.29 194.43 156.88 149.85 107.45 95.14 92.63 Changes in Working Capital 6.02 -246.32 -10.31 -257.19 -274.95 12.75 -75.94 -230.03 -52.37 -79.70 Cash after chg. in Working capital 1,010.32 629.71 914.55 477.11 623.84 595.27 350.69 57.42 247.77 198.97 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -143.75 -190.30 -175.80 -145.05 -191.37 -119.08 -88.45 -58.07 -59.53 -47.54 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 -691.29 -360.16 -191.36 -380.12 -277.13 -160.63 -269.82 -462.31 -326.09 -161.65 Net Fixed Assets -254.98 -101.04 -104.53 -302.61 -204.42 -124.57 -176.36 -282.01 -249.86 -75.62 Net Investments -340.13 -264.87 -80.00 -5.00 -146.14 61.07 -431.34 -0.01 13.84 -16.48 Others -96.18 5.75 -6.83 -72.51 73.43 -97.13 337.88 -180.29 -90.07 -69.55 Cash from Financing Activity -92.51 7.66 -440.29 190.00 -299.31 -212.85 -17.43 528.62 55.87 85.67 Net Cash Inflow / Outflow 82.77 86.92 107.10 141.94 -143.97 102.70 -25.01 65.66 -81.98 75.44 Opening Cash & Equivalents 381.10 291.56 184.71 41.84 185.93 83.02 108.03 42.37 124.35 54.85 Closing Cash & Equivalent 466.11 381.10 291.56 184.71 41.84 185.93 83.02 108.03 42.37 130.29

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 139.74 127.79 110.97 101.55 86.90 70.91 55.71 50.14 38.56 29.33 ROA 6.29% 9.17% 11.24% 9.60% 16.19% 14.88% 5.92% 6.19% 8.35% 9.03% ROE 9.85% 15.08% 19.17% 16.55% 27.95% 27.59% 12.04% 12.92% 18.82% 22.80% ROCE 11.70% 17.06% 19.55% 16.29% 26.53% 22.67% 11.56% 12.71% 16.79% 20.36% Fixed Asset Turnover 1.27 1.67 1.89 1.78 1.98 1.71 1.87 1.65 1.60 1.79 Receivable days 174.57 145.55 119.89 125.37 93.87 104.53 120.48 128.14 121.18 86.06 Inventory Days 73.17 56.76 54.97 59.31 46.08 51.67 46.70 51.31 59.46 52.52 Payable days 172.14 133.89 114.09 115.71 100.40 57.71 53.12 62.58 65.51 60.24 Cash Conversion Cycle 75.60 68.42 60.78 68.97 39.55 98.49 114.06 116.87 115.13 78.34 Total Debt/Equity 0.24 0.34 0.34 0.42 0.39 0.49 0.70 0.77 0.74 1.01 Interest Cover 7.81 9.21 18.17 32.78 31.83 21.59 9.52 7.33 7.43 5.88

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 152.63 132.33 116.38 103.62 86.85 71.80 59.73 51.17 39.40 29.20 ROA 8.60% 7.80% 10.97% 10.04% 15.84% 9.99% 6.64% 5.13% 8.12% 9.03% ROE 14.52% 13.46% 19.18% 17.49% 27.64% 18.54% 13.32% 10.60% 18.23% 23.53% ROCE 16.16% 15.66% 19.63% 17.37% 25.42% 17.22% 12.71% 11.09% 16.57% 20.16% Fixed Asset Turnover 2.06 2.07 1.66 1.63 1.97 1.75 1.78 1.55 1.59 1.66 Receivable days 47.23 53.89 75.78 81.94 65.94 83.34 100.03 112.83 100.84 67.60 Inventory Days 64.75 68.26 86.07 85.35 56.39 51.34 51.03 59.23 66.49 63.11 Payable days 156.05 138.29 112.38 114.29 117.79 58.20 54.96 62.37 64.87 59.99 Cash Conversion Cycle -44.08 -16.14 49.48 52.99 4.54 76.48 96.10 109.70 102.46 70.72 Total Debt/Equity 0.35 0.38 0.38 0.43 0.39 0.49 0.65 0.75 0.73 1.01 Interest Cover 7.39 6.17 13.29 25.04 27.80 16.75 10.72 6.44 7.36 6.02

Top Investors:

life insurance corporation of india

sbi life insurance co. ltd

aditya birla sun life trustee private limited a/c

kotak mahindra life insurance company ltd

basava sankara rao kolli

axis mutual fund trustee limited a/c axis mutual fund

tata mutual fund - tata aggressive hybrid fund

edelweiss nifty smallcap 250 index fund

investor education and protection fund (iepf)

Annual Reports:

News Update:

Granules India - Quarterly Results
24th Jan 2026, 00:00 AM

Read More
Granules India’s arm gets tentative approval for generic Amphetamine Extended-Release Tablets
8th Jan 2026, 10:52 AM

The product is indicated for the treatment of Attention Deficit Hyperactivity Disorder and has an estimated market size of around $41 million
Read More
Granules’ arm secures USFDA’s approval for drug indicated for ADHD treatment
22nd Dec 2025, 09:39 AM

Granules Pharmaceuticals Inc. has secured Tentative Approval for its ANDA for Amphetamine Extended-Release Orally Disintegrating Tablets
Read More
Granules’ arm gets five observations from USFDA for Hyderabad facility
20th Dec 2025, 11:12 AM

Granules Life Sciences has completed a GMP and Prior Approval Inspection by USFDA
Read More
USFDA completes GMP inspection at packaging facility of Granules India’s arm
4th Dec 2025, 14:30 PM

This was the facility’s second FDA inspection, following the March 2023 audit that resulted in a No Action Indicated classification
Read More
Granules India launches two advanced Centres of Excellence at IIT Hyderabad
1st Dec 2025, 16:00 PM

The company has launched Ascelis Center of Excellence for Peptide Development and Characterization and the Granules Center of Excellence for Particle Engineering
Read More
Granules India’s arm incorporates wholly owned subsidiary in Canada
27th Nov 2025, 14:30 PM

Granules Pharmaceuticals, Inc. will hold 100% of the equity capital in Granules Pharmaceuticals Canada, Inc
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: