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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

18,624.42
31.30
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

19,013.49
0.23%
3.66

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

17.51
21.86
26.07

P:BV (Average)

8 Years
5 Years
3 Years

3.07
3.32
3.45

EV:EBITDA (Average)

8 Years
5 Years
3 Years

11.51
12.16
13.48

Earnings Forecasts:

(Updated: 23-05-2026)

Description 2024 2025 2026 2027
Adj EPS 23.26 29.83 37.66 45.23
P/E Ratio 32.33 25.21 19.97 16.63
Revenue 5293.22 6209.89 7095.89 8185.9
EBITDA 1145 1412.59 1655.29 1986.56
Net Income 578.22 775.73 961.31 1187.5
ROA
P/B Ratio 4.05 3.29 2.65 2.35
ROE 13.9 13.38 13.99 15
FCFF -191.01 287.3 436.47 952.77
FCFF Yield -0.99 1.48 2.25 4.92
Net Debt 576.93 465.87 -645.8 -1944.25
BVPS 185.8 228.23 283.23 319.42

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 876.82 768.03 14.16% 895.32 842.20 6.31% 891.61 567.99 56.98% 810.21 851.95 -4.90%
Expenses 702.07 651.11 7.83% 701.03 674.33 3.96% 680.20 465.39 46.16% 666.57 674.54 -1.18%
EBITDA 174.75 116.92 49.46% 194.28 167.87 15.73% 211.41 102.60 106.05% 143.63 177.41 -19.04%
EBIDTM 19.93% 15.22% 21.70% 19.93% 23.71% 18.06% 17.73% 20.82%
Other Income 16.69 30.49 -45.26% 12.08 5.61 115.33% 7.88 2.78 183.45% 13.15 1.81 626.52%
Interest 15.71 13.49 16.46% 15.40 17.21 -10.52% 16.65 14.56 14.35% 13.67 17.52 -21.97%
Depreciation 43.64 37.97 14.93% 40.59 37.66 7.78% 40.74 34.75 17.24% 39.51 35.85 10.21%
PBT 132.08 126.69 4.25% 150.38 118.60 26.80% 161.91 56.07 188.76% 91.45 125.86 -27.34%
Tax 33.10 32.64 1.41% 38.80 28.49 36.19% 41.29 14.68 181.27% 21.96 32.08 -31.55%
PAT 98.99 94.05 5.25% 111.58 90.11 23.83% 120.61 41.39 191.40% 69.48 93.78 -25.91%
PATM 11.29% 12.25% 12.46% 10.70% 13.53% 7.29% 8.58% 11.01%
EPS 3.99 3.80 5.00% 4.50 3.64 23.63% 4.87 1.67 191.62% 2.80 3.78 -25.93%

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 1,470.61 1,197.43 22.81% 1,387.94 1,137.70 22.00% 1,296.99 966.62 34.18% 1,210.11 1,179.87 2.56%
Expenses 1,118.50 945.07 18.35% 1,079.84 907.40 19.00% 1,018.76 763.30 33.47% 963.39 920.60 4.65%
EBITDA 352.10 252.36 39.52% 308.10 230.29 33.79% 278.23 203.32 36.84% 246.72 259.27 -4.84%
EBIDTM 23.94% 21.07% 22.20% 20.24% 21.45% 21.03% 20.39% 21.97%
Other Income 8.77 1.92 356.77% -3.64 5.68 - -1.15 3.25 - 16.34 2.06 693.20%
Interest 32.69 23.98 36.32% 28.69 26.57 7.98% 29.19 25.67 13.71% 23.78 27.02 -11.99%
Depreciation 81.75 63.50 28.74% 73.53 56.61 29.89% 72.02 52.52 37.13% 68.85 52.87 30.23%
PBT 262.36 197.55 32.81% 202.23 152.79 32.36% 175.87 128.38 36.99% 144.53 181.44 -20.34%
Tax 60.79 45.52 33.55% 52.02 35.19 47.83% 45.26 31.15 45.30% 31.89 46.79 -31.84%
PAT 201.57 152.03 32.59% 150.21 117.60 27.73% 130.61 97.23 34.33% 112.64 134.65 -16.35%
PATM 13.71% 12.70% 10.82% 10.34% 10.07% 10.06% 9.31% 11.41%
EPS 8.13 6.27 29.67% 6.19 4.85 27.63% 5.38 4.01 34.16% 4.64 5.56 -16.55%

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 3,473.96 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 1,327.74 Net Sales Growth 14.65% -19.31% -4.48% 21.39% 3.30% 35.72% 10.08% 27.44% 22.02% 1.64% Cost Of Goods Sold 1,512.95 1,344.10 1,906.91 2,161.45 1,757.75 1,509.64 1,221.98 1,250.31 903.09 658.58 729.65 Gross Profit 1,961.01 1,686.06 1,848.17 1,769.75 1,480.69 1,625.34 1,087.94 848.11 743.55 690.90 598.09 GP Margin 56.45% 55.64% 49.22% 45.02% 45.72% 51.85% 47.10% 40.42% 45.16% 51.20% 45.05% Total Expenditure 2,749.87 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 724.07 564.80 801.36 835.29 644.04 861.37 494.14 332.35 293.52 295.80 269.59 EBITDA Margin 20.84% 18.64% 21.34% 21.25% 19.89% 27.48% 21.39% 15.84% 17.83% 21.92% 20.30% Other Income 49.80 40.68 5.78 12.88 18.12 13.72 26.46 28.49 23.77 14.52 6.67 Interest 61.43 62.78 72.00 38.67 16.35 23.77 26.86 28.36 32.93 32.16 37.05 Depreciation 164.48 146.23 143.85 145.56 126.16 118.45 101.82 90.77 75.92 71.35 58.25 PBT 535.82 396.47 591.29 663.94 519.65 732.87 391.91 241.71 208.45 206.80 180.96 Tax 135.15 107.89 155.37 165.16 133.13 180.09 108.96 79.87 69.29 63.98 60.18 Tax Rate 25.22% 25.25% 26.28% 24.88% 25.62% 24.57% 19.70% 33.04% 33.24% 30.94% 33.26% PAT 400.66 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 120.78 PAT before Minority Interest 400.66 319.34 435.92 498.79 386.52 552.78 444.07 161.84 139.16 142.83 120.78 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 11.53% 10.54% 11.61% 12.69% 11.94% 17.63% 19.22% 7.71% 8.45% 10.58% 9.10% PAT Growth 25.47% -26.74% -12.60% 29.05% -30.08% 24.48% 174.39% 16.30% -2.57% 18.26% EPS 16.17 12.89 17.59 20.13 15.60 22.31 17.92 6.53 5.62 5.76 4.87

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 5,365.65 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 19.73% -0.55% -0.12% 19.84% 16.29% 24.59% 14.02% 35.29% 19.43% 3.93% Cost Of Goods Sold 1,875.71 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 3,489.94 2,755.91 2,485.12 2,204.63 1,881.28 1,846.27 1,317.72 1,023.64 788.30 730.93 632.15 GP Margin 65.04% 61.49% 55.15% 48.86% 49.97% 57.03% 50.71% 44.91% 46.79% 51.82% 46.58% Total Expenditure 4,180.49 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 1,185.15 945.24 855.98 913.32 721.62 855.23 525.32 384.04 278.42 298.84 275.89 EBITDA Margin 22.09% 21.09% 18.99% 20.24% 19.17% 26.42% 20.22% 16.85% 16.53% 21.19% 20.33% Other Income 20.32 12.92 4.40 14.29 18.22 26.88 36.56 26.68 10.84 9.93 5.62 Interest 114.35 103.24 105.82 55.93 23.21 26.28 27.02 28.46 33.06 32.26 37.07 Depreciation 296.15 225.50 207.33 184.49 158.63 151.46 136.95 105.48 76.20 71.51 58.40 PBT 784.99 629.42 547.23 687.17 558.00 704.36 397.90 276.78 180.00 204.99 186.03 Tax 189.96 158.65 141.92 170.58 145.24 154.91 115.73 89.11 63.40 65.20 61.15 Tax Rate 24.20% 24.03% 25.93% 24.82% 26.03% 21.99% 27.19% 32.20% 35.22% 31.81% 32.87% PAT 595.03 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 124.89 PAT before Minority Interest 595.03 501.52 405.31 516.60 412.76 549.46 335.40 236.41 132.59 164.52 124.89 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 11.09% 11.19% 8.99% 11.45% 10.96% 16.97% 12.91% 10.37% 7.87% 11.66% 9.20% PAT Growth 18.65% 23.74% -21.54% 25.16% -24.88% 63.82% 41.87% 78.30% -19.41% 31.73% EPS 24.01 20.24 16.36 20.85 16.66 22.17 13.54 9.54 5.35 6.64 5.04

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

kotak mahindra life insurance company ltd.

aditya birla sun life trustee private limited a/c

smallcap world fund, inc

basava sankara rao kolli

360 one pipe fund

investor education and protection fund (iepf)

Annual Reports:

News Update:

Granules India reports 33% rise in Q4 consolidated net profit
29th Apr 2026, 15:42 PM

Consolidated total income of the company increased by 23.35% at Rs 1,479.38 crore for Q4FY26
Read More
Granules India’s arm receives four observations from USFDA
6th Apr 2026, 10:57 AM

The observations are related to procedural matters and no data integrity - related observations
Read More
Granules India’s arm receives VAI classification for Telangana facility
1st Apr 2026, 09:59 AM

The inspection is now closed, and no regulatory action has been recommended
Read More
Granules India’s arm gets EIR with NAI status for packaging facility in US
5th Mar 2026, 14:12 PM

The FDA inspection was conducted at the company’s packaging facility in Manassas, Virginia, from December 1 to 3, 2025
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: