Granules India Ltd.

BSE: GRANULES532482ISIN INE101D01020

Healthcare
Pharmaceuticals
BSE 500

BSE listing

Share price

₹875.00+4.95 (+0.57%)

as of 18 Sep 2026

52W high: ₹922.10
52W low: ₹511.00
Off 52W high: -5.11%
1M return: +4.40%
3M return: +11.34%
6M return: +48.10%
1Y return: +61.08%
20D avg volume: 79,830
50 DMA: ₹858.35
200 DMA: ₹703.95

Key ratios Consolidated

Market cap: ₹21,682 Cr
Current price: ₹875.00
52W high / low: ₹922.10 / ₹511.00
Face value: ₹1.00
P/E: 32.74
P/B: —
EPS (TTM): ₹26.73
Book value / share: —
ROE: —
ROCE: 16.00%
Operating margin: —
Net margin: —
Debt / equity: 0.26
Net debt: ₹457.89 Cr
Interest cover: 7.86
Dividend yield: 0.20%
Dividend / share (TTM): ₹1.75
Payout: 6.55%
Cash conversion cycle: 129.9 days

About

In plain English

Granules India is a pharmaceutical manufacturer that makes the raw ingredients and the final pills for common medicines, all in one company. For example, they produce the paracetamol that goes into pain relievers, and they also turn that same ingredient into the tablets you buy at the pharmacy. They make tiny granules and pellets that other drug companies use as a base for their own pills, and they specialize in complex finished dosages like controlled-release capsules for ADHD medications. Their biggest business is selling these finished tablets and capsules to generic and branded drug companies across North America, Europe, and other regions. They make money by selling these ingredients and finished products at a profit.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 6 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,477	1,471	1,388	1,297	1,210	1,197	1,138	966.62	1,180	1,176	1,156	1,189
	2.27	8.77	3.64	1.15	16.34	1.92	5.68	3.25	2.06	1.87	0.65	1.53
	1,239	1,233	1,182	1,120	1,056	1,033	990.58	841.49	1,000	1,002	986.14	1,055
	495.84	644.23	529.24	497.80	428.51	434.69	444.78	362.45	483.01	546.54	553.25	519.76
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	254.57	240.45	225.96	219.20	202.75	169.12	167.64	159.43	163.61	151.69	157.01	148.84
	21.12	32.69	28.69	29.19	23.78	23.98	26.57	25.67	27.02	28.76	28.65	25.96
	79.65	81.75	73.53	72.02	68.85	63.50	56.61	52.52	52.87	53.18	52.39	52.52
	375.48	373.94	352.33	354.60	335.57	337.58	304.09	236.66	272.55	298.77	—	252.56
	240.40	246.44	202.23	175.87	170.44	166.80	152.79	128.38	181.44	175.64	170.09	136.02
	0.00	15.91	0.00	0.00	-25.91	30.75	0.00	0.00	0.00	0.00	0.00	0.00
	240.40	262.36	202.23	175.87	144.53	197.55	152.79	128.38	181.44	175.64	170.09	136.02
	60.44	60.79	52.02	45.26	31.89	45.52	35.19	31.15	46.79	45.99	44.44	33.91
	179.96	201.57	150.21	130.61	112.64	152.03	117.60	97.23	134.65	129.65	125.65	102.12
	7.26	8.23	6.19	5.38	4.64	6.27	4.85	4.01	5.56	5.35	5.18	4.22
Key metrics
	341.17	376.80	304.45	277.08	237.16	285.03	235.97	206.57	261.33	257.58	251.13	214.50
	23.10%	25.60%	21.90%	21.40%	19.60%	23.80%	20.70%	21.40%	22.10%	21.90%	21.70%	18.00%
	12.20%	13.70%	10.80%	10.10%	9.30%	12.70%	10.30%	10.10%	11.40%	11.00%	10.90%	8.60%
	—	5.20%	—	4.50%	—	5.20%	—	—	—	—	—	—
	22.00%	22.80%	22.00%	34.20%	2.60%	1.80%	-1.50%	-18.70%	—	—	—	—
	59.80%	32.60%	27.70%	34.30%	-16.30%	17.30%	-6.40%	-4.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	5,632	5,366	4,482	4,506	4,512	3,765	3,238	2,599	2,279	1,692
	15.83	20.33	12.92	4.40	13.78	17.61	26.88	36.55	26.68	10.84
	4,774	4,591	3,865	3,964	3,839	3,225	2,560	2,237	2,029	1,523
	2,167	2,100	1,725	2,208	2,353	2,036	1,590	1,315	1,339	902.90
	0.00	0.00	0.00	—	—	—	—	—	—	—
	940.18	888.36	659.80	597.86	472.23	401.38	408.18	259.04	209.82	165.21
	111.69	114.35	103.24	105.82	55.93	23.21	26.28	27.02	28.46	33.06
	306.95	296.14	225.50	207.33	184.49	158.63	151.46	136.95	105.48	—
	1,456	1,416	1,151	1,031	818.58	757.67	582.86	533.36	429.77	344.67
	864.94	794.98	629.42	547.23	687.17	558.00	704.36	397.90	276.78	180.00
	15.91	-10.00	30.75	0.00	0.00	0.00	0.00	27.74	0.00	0.00
	880.86	784.98	660.17	547.23	687.17	558.00	704.36	425.63	276.78	180.00
	218.51	189.96	158.65	141.92	170.58	145.24	154.91	115.73	89.11	63.40
	662.35	595.02	501.52	405.31	516.60	412.76	549.46	335.40	236.41	132.59
	27.06	24.47	20.69	16.73	21.05	16.66	22.05	13.19	9.30	—
Key metrics
	1,300	1,195	988.91	860.38	927.59	739.84	882.10	589.60	410.72	213.06
	23.07%	22.30%	22.10%	19.10%	20.60%	19.70%	27.20%	22.70%	18.00%	12.60%
	11.76%	11.10%	11.20%	9.00%	11.40%	11.00%	17.00%	12.90%	10.40%	7.80%
	—	16.00%	18.00%	—	—	—	—	—	—	—
	—	19.70%	-0.50%	-0.10%	19.80%	16.30%	24.60%	14.00%	34.70%	—
	—	18.60%	23.70%	-21.50%	25.20%	-24.90%	63.80%	41.90%	78.30%	—
	—	235.04	294.88	—	—	—	—	—	—	—
	—	1.33	1.73	—	—	—	—	—	—	—
	—	0.26	0.35	—	—	—	—	—	—	—
	—	457.89	819.67	—	—	—	—	—	—	—
	—	129.9	127.0	—	—	—	—	—	—	—
Balance sheet
	—	7,720	6,253	—	—	—	—	—	—	—
	—	3,768	3,115	—	—	—	—	—	—	—
	—	880.24	466.11	—	—	—	—	—	—	—
	—	909.37	942.22	—	—	—	—	—	—	—
	—	1,673	1,343	—	—	—	—	—	—	—
	—	231.72	232.62	—	—	—	—	—	—	—
	—	3,051	2,217	—	—	—	—	—	—	—
	—	672.80	726.07	—	—	—	—	—	—	—
	—	2,092	2,003	—	—	—	—	—	—	—
	—	1,338	1,286	—	—	—	—	—	—	—
	—	1,041	974.27	—	—	—	—	—	—	—
	—	297.15	311.51	—	—	—	—	—	—	—
	—	5,085	3,716	—	—	—	—	—	—	—
Cash flow
	—	793.25	866.57	—	—	—	—	—	—	—
	—	-773.21	-691.29	—	—	—	—	—	—	—
	—	379.29	-92.51	—	—	—	—	—	—	—
	—	558.21	571.69	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	801.88	876.82	895.32	891.61	810.21	768.03	842.20	567.99	851.95	940.19	984.49	1,009
	13.78	16.69	12.08	7.88	13.15	30.48	5.61	2.78	1.81	3.42	0.67	1.25
	719.10	761.42	757.02	737.59	719.75	702.57	729.20	514.70	727.90	807.11	793.54	854.65
	377.12	395.99	387.80	351.11	370.37	342.31	348.59	280.67	402.33	471.25	471.67	449.33
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	113.18	107.41	105.49	104.35	105.88	96.52	96.32	90.33	99.17	96.04	99.87	93.49
	9.61	15.71	15.40	16.65	13.67	13.49	17.21	14.56	17.52	19.79	19.78	17.65
	39.06	43.64	40.59	40.74	39.51	37.97	37.66	34.75	35.85	36.41	36.16	36.01
	203.49	203.04	203.61	203.02	204.13	210.96	198.75	142.62	186.58	205.89	—	161.00
	96.56	132.08	150.38	161.91	103.61	95.94	118.60	56.07	125.86	136.51	191.61	156.01
	0.00	0.00	0.00	0.00	-12.16	30.75	—	—	—	—	—	—
	96.56	132.08	150.38	161.91	91.45	126.69	118.60	56.07	125.86	136.51	191.61	156.01
	24.82	33.10	38.80	41.29	21.96	32.64	28.49	14.68	32.08	39.30	48.91	39.86
	71.75	98.99	111.58	120.61	69.48	94.05	90.11	41.39	93.78	97.22	142.71	116.16
	2.90	4.04	4.60	4.97	2.86	3.88	3.72	1.71	3.87	4.01	5.89	4.80
Key metrics
	145.23	191.43	206.37	219.30	144.63	178.15	173.47	105.38	179.23	192.71	247.55	209.67
	18.10%	21.80%	23.00%	24.60%	17.90%	23.20%	20.60%	18.60%	21.00%	20.50%	25.10%	20.80%
	8.90%	11.30%	12.50%	13.50%	8.60%	12.20%	10.70%	7.30%	11.00%	10.30%	14.50%	11.50%
	—	3.30%	—	4.80%	—	3.90%	—	—	—	—	—	—
	-1.00%	14.20%	6.30%	57.00%	-4.90%	-18.30%	-14.50%	-43.70%	—	—	—	—
	3.30%	5.30%	23.80%	191.40%	-25.90%	-3.30%	-36.90%	-64.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	3,466	3,474	3,030	3,755	3,931	3,238	3,135	2,310	2,098	1,654
	50.43	49.80	40.68	5.78	9.93	17.51	13.72	26.46	28.49	23.77
	2,975	2,976	2,674	3,170	3,277	2,736	2,416	1,944	1,885	1,469
	1,512	1,505	1,374	1,927	2,100	1,864	1,502	1,253	1,317	890.20
	0.00	0.00	0.00	—	—	—	—	—	—	—
	430.43	423.13	382.34	380.61	330.07	282.80	318.25	192.51	—	—
	57.37	61.44	62.78	72.00	38.67	16.35	23.77	26.86	28.36	32.93
	164.03	164.47	146.23	143.85	145.56	126.16	118.45	101.82	—	—
	813.16	813.79	738.92	666.21	601.44	553.24	445.71	401.29	348.77	302.10
	540.93	547.97	396.47	591.29	663.94	519.65	732.87	391.91	241.71	208.45
	0.00	-12.16	30.75	—	—	—	—	161.12	—	—
	540.93	535.81	427.22	591.29	663.94	519.65	732.87	553.03	241.71	208.45
	138.01	135.15	107.89	155.37	165.16	133.13	180.09	108.96	79.87	69.29
	402.93	400.67	319.34	435.92	498.79	386.51	552.78	444.07	161.84	139.16
	16.51	16.48	13.17	18.00	20.32	15.60	22.18	17.47	6.37	—
Key metrics
	762.33	761.72	636.23	807.14	848.17	662.16	875.09	681.71	270.07	241.38
	22.00%	21.90%	21.00%	21.50%	21.60%	20.40%	27.90%	29.50%	12.90%	14.60%
	11.63%	11.50%	10.50%	11.60%	12.70%	11.90%	17.60%	19.20%	7.70%	8.40%
	—	13.20%	13.80%	—	—	—	—	—	—	—
	—	14.60%	-19.30%	-4.50%	21.40%	3.30%	35.70%	10.10%	26.90%	—
	—	25.50%	-26.70%	-12.60%	29.00%	-30.10%	24.50%	174.40%	16.30%	—
	—	391.26	611.81	—	—	—	—	—	—	—
	—	1.61	2.58	—	—	—	—	—	—	—
	—	0.17	0.24	—	—	—	—	—	—	—
	—	523.59	655.85	—	—	—	—	—	—	—
	—	145.2	160.1	—	—	—	—	—	—	—
Balance sheet
	—	5,981	5,152	—	—	—	—	—	—	—
	—	2,296	2,287	—	—	—	—	—	—	—
	—	210.09	152.34	—	—	—	—	—	—	—
	—	1,247	1,295	—	—	—	—	—	—	—
	—	626.21	648.49	—	—	—	—	—	—	—
	—	139.71	169.28	—	—	—	—	—	—	—
	—	1,426	1,360	—	—	—	—	—	—	—
	—	490.87	613.16	—	—	—	—	—	—	—
	—	1,453	1,600	—	—	—	—	—	—	—
	—	733.68	808.19	—	—	—	—	—	—	—
	—	733.68	808.19	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	4,399	3,403	—	—	—	—	—	—	—
Cash flow
	—	643.32	822.71	—	—	—	—	—	—	—
	—	-1,033	-552.43	—	—	—	—	—	—	—
	—	444.33	-339.82	—	—	—	—	—	—	—
	—	252.06	210.90	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -4.04%
Sales CAGR 5Y: +2.07%
Sales CAGR 10Y: —
Profit CAGR 3Y: -7.04%
Profit CAGR 5Y: -6.23%
Profit CAGR 10Y: —
Sales YoY (TTM): +15.97%
Profit YoY (TTM): +36.57%

Consolidated

Sales CAGR 3Y: +5.95%
Sales CAGR 5Y: +10.63%
Sales CAGR 10Y: —
Profit CAGR 3Y: +4.82%
Profit CAGR 5Y: +1.61%
Profit CAGR 10Y: —
Sales YoY (TTM): +24.83%
Profit YoY (TTM): +38.13%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Filings & corporate actions

Recent announcements

Allotment of equity shares upon conversion of warrants16 Sep 2026 · Company Update / Allotment of Equity Shares
Update15 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Krishna Prasad Chigurupati12 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Update11 Sep 2026 · Company Update / General
Intimation of Schedule of the Analyst/Investor Meeting11 Sep 2026 · Company Update / Analyst / Investor Meet
Change in Senior Management Personnel (SMP) of the Company13 Aug 2026 · Company Update / Change in Management
Scrutinizer''s report for the 35th AGM6 Aug 2026 · AGM/EGM / AGM
Outcome of 35th Annual General Meeting of the Company6 Aug 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India4 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Transcript of the earnings call for Q1 of FY2727 Jul 2026 · Company Update / General
Audio Recording of the Investor Call22 Jul 2026 · Company Update / Analyst / Investor Meet
Monitoring Agency report for the quarter ended on June 30, 202621 Jul 2026 · Company Update / Monitoring Agency Report
Investor Presentation for Q1 of FY2721 Jul 2026 · Company Update / Investor Presentation
Press Release for Q1 of FY2721 Jul 2026 · Company Update / Press Release / Media Release
Outcome of the Board Meeting Dated July 21, 202621 Jul 2026 · Board Meeting / Outcome of Board Meeting
Copy of Newspaper Publication16 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for FY 2025-2615 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report for FY2025-2615 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of Annual General Meeting along with Integrated Annual Report for FY2615 Jul 2026 · AGM/EGM / AGM
Intimation of Schedule of the Earnings Conference call for Q1 of FY279 Jul 2026 · Company Update / Analyst / Investor Meet
Granules India Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2026 ,inter alia, to consider and approve the unaudited financial results ....9 Jul 2026 · Board Meeting / Board Meeting
Press Release6 Jul 2026 · Company Update / Press Release / Media Release
Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Schedule of Analyst/Investor Meet15 Jun 2026 · Company Update / Analyst / Investor Meet
Press Release3 Jun 2026 · Company Update / Press Release / Media Release
Clarification on Volume Movement sought by the Exchanege29 May 2026 · Company Update / General
The Exchange has sought clarification from Granules India Ltd on May 29, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.29 May 2026 · Company Update / Clarification
Schedule of Analyst & Investor Meet28 May 2026 · Company Update / Analyst / Investor Meet
Transcript of the Earnings Conference Call for Q4 and financial year ended on March 31, 20265 May 2026 · Company Update / General
Audio Recording of the Investor call29 Apr 2026 · Company Update / Analyst / Investor Meet
Monitoring Agency Report for the Quarter ended on March 31, 2026.29 Apr 2026 · Company Update / Monitoring Agency Report
Record date for the purpose of Final Dividend of FY2025-2629 Apr 2026 · Corp. Action / Record Date
Investor Presentation29 Apr 2026 · Company Update / Investor Presentation
Press Release29 Apr 2026 · Company Update / Press Release / Media Release
Investor Presentation for Q4 and FY2629 Apr 2026 · Company Update / Analyst / Investor Meet
Change of Management29 Apr 2026 · Company Update / Change in Management
Audited Financial Results for Q4 and FY2629 Apr 2026 · Result / Financial Results
OUTCOME OF THE BOARD MEETING29 Apr 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Analyst/Investors Earnings Conference call of the Company for Q4 and the financial year ended on March 31, 202616 Apr 2026 · Company Update / Analyst / Investor Meet
Granules India Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/04/2026 ,inter alia, to consider and approve the audited financial results ....16 Apr 2026 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.7500	30 Jul 2026	30 Jul 2026	—
Final Dividend - Rs. - 1.5000	31 Jul 2025	31 Jul 2025	—
Final Dividend - Rs. - 1.5000	30 Jul 2024	—	—

Board meetings

21 Jul 2026 Board Meeting - Financial Results