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Granules India Limited (GRANULES.NS)

INR898.05 +2.95 (+0.33%)
IN NSE Healthcare Drug Manufacturers - Specialty & Generic
Address My Home Hub 500081
Hyderabad, IN
CEO Krishna Prasad Chigurupati
IPO 2005-06-20
ISIN INE101D01020

Explore sections of this company profile

Also trades on Bombay Stock Exchange · GRANULES.BO (INR) National Stock Exchange of India · GRANULES.NS (INR)
Description

Founded in 1984 and headquartered in Hyderabad, India, Granules India Limited operates as a key player in the pharmaceutical sector. The company is engaged in the manufacturing and global distribution of a diverse range of pharmaceutical products, including active pharmaceutical ingredients (APIs), intermediate compounds for drug formulation, and final dosage forms (FDFs). Its API portfolio addresses various therapeutic categories, such as antiviral medications, treatments for hypertension, antihistamines, anti-infectives, pain relief agents, anticoagulants, anti-fibrinolytic drugs, and platelet inhibitors. Additionally, Granules produces a variety of FDFs, encompassing tablets, caplets, and press-fit capsules, which are supplied in bulk, blister packs, and bottles. The firm also develops specialized products for oncology. Granules India Limited maintains a broad international presence, with its products reaching markets across India, North America, Europe, Latin America, Africa, and the Middle East.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR898.05 +2.95 (+0.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.07
Float Shares
148.48M
Free Float %
59.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.79% +4.00% +16.89% +32.57% +38.36% +28.06% +49.79% +177.40% +133.32% +485.08% +7,255.57%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
898.05
DCF (Unlevered) 581.22 -35.3%
DCF (Levered) 419.73 -53.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.46
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    +19.7% Q1'26: +22.8% (vs Q1'25)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    +18.3% Q1'26: +31.3% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +8.3% Q1'26: +10.1% (vs Q1'25)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    +16.6% Q1'26: +18.4% (vs Q1'25)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    +11.9% Q1'26: +14.7% (vs Q1'25)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    +0.3% Q1'26: +1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    1.28× Q1'26: 1.07× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.01) × ERP
WACC = 93% × Ke + 8% × Kd (7.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 569.15 Current price: 898.05
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
7 EPS Ana.
Mar 2027
6 Rev. Ana.
6 EPS Ana.
Mar 2028
7 Rev. Ana.
7 EPS Ana.
Mar 2029
5 Rev. Ana.
4 EPS Ana.
Revenue
6.54B
est: 6.40B (+2.2%)
7.65B
est: 8.23B (-7.0%)
10.97B
est: 10.85B (+1.1%)
12.94B
est: 13.05B (-0.9%)
13.57B
est: 14.45B (-6.1%)
14.11B
est: 14.88B (-5.2%)
16.85B
est: 16.24B (+3.7%)
22.79B
est: 22.58B (+0.9%)
25.99B
est: 26.64B (-2.5%)
32.38B
est: 32.43B (-0.2%)
37.65B
est: 36.66B (+2.7%)
45.12B
est: 45.41B (-0.6%)
45.06B
est: 45.89B (-1.8%)
44.82B
est: 44.62B (+0.4%)
52.98B
51.42B – 54.11B
+18.7% YoY
61.86B
60.00B – 63.24B
+16.8% YoY
71.02B
66.99B – 74.97B
+14.8% YoY
83.44B
79.74B – 86.79B
+17.5% YoY
EBITDA
804.91M
est: 1.35B (-40.6%)
867.11M
est: 1.71B (-49.2%)
1.60B
est: 763.09M (+109.9%)
2.10B
est: 1.56B (+34.6%)
2.76B
est: 1.76B (+56.4%)
3.04B
est: 2.25B (+34.9%)
2.78B
est: 2.94B (-5.4%)
3.83B
est: 3.84B (-0.4%)
5.54B
est: 5.78B (-4.2%)
8.64B
est: 7.31B (+18.3%)
7.26B
est: 8.52B (-14.8%)
9.13B
est: 10.24B (-10.9%)
8.48B
est: 11.96B (-29.1%)
9.30B
est: 9.10B (+2.2%)
10.72B
10.41B – 10.95B
+17.8% YoY
12.52B
12.14B – 12.80B
+16.8% YoY
14.37B
13.56B – 15.17B
+14.8% YoY
16.89B
16.14B – 17.56B
+17.5% YoY
EBIT
561.38M
est: 1.08B (-48.0%)
636.26M
est: 1.36B (-53.3%)
1.30B
est: 825.32M (+57.9%)
1.57B
est: 1.55B (+1.1%)
2.18B
est: 1.78B (+22.6%)
2.33B
est: 2.25B (+3.4%)
2.02B
est: 2.51B (-19.3%)
2.79B
est: 2.81B (-0.7%)
4.22B
est: 3.36B (+25.4%)
7.18B
est: 4.75B (+51.2%)
5.75B
est: 5.54B (+3.9%)
7.38B
est: 6.65B (+10.9%)
6.53B
est: 7.77B (-15.9%)
7.22B
est: 7.09B (+1.9%)
8.35B
8.10B – 8.53B
+17.8% YoY
9.75B
9.46B – 9.97B
+16.8% YoY
11.19B
10.56B – 11.81B
+14.8% YoY
13.15B
12.57B – 13.68B
+17.5% YoY
Net Income
299.53M
est: 289.74M (+3.4%)
325.67M
est: 470.37M (-30.8%)
752.31M
est: 429.80M (+75.0%)
909.08M
est: 906.32M (+0.3%)
1.23B
est: 1.03B (+19.0%)
1.65B
est: 1.27B (+29.2%)
1.33B
est: 1.77B (-25.1%)
2.36B
est: 1.84B (+28.4%)
3.35B
est: 2.85B (+17.7%)
5.49B
est: 3.82B (+43.7%)
4.13B
est: 4.46B (-7.4%)
5.17B
est: 5.36B (-3.6%)
4.05B
est: 6.26B (-35.2%)
5.02B
est: 5.06B (-0.9%)
5.60B
5.07B – 5.81B
+10.5% YoY
7.68B
7.25B – 7.97B
+37.2% YoY
9.52B
8.49B – 10.37B
+23.9% YoY
10.84B
10.22B – 11.41B
+13.9% YoY
SGA
est: 820.58M (-100.0%)
1.43B
est: 1.03B (+37.9%)
2.05B
est: 2.68B (-23.5%)
1.15B
est: 3.37B (-65.7%)
1.28B
est: 3.50B (-63.4%)
1.50B
est: 3.36B (-55.2%)
1.80B
est: 4.13B (-56.4%)
2.27B
est: 6.03B (-62.3%)
3.22B
est: 7.41B (-56.6%)
4.25B
est: 8.33B (-49.0%)
4.12B
est: 9.72B (-57.6%)
4.87B
est: 11.68B (-58.3%)
6.32B
est: 13.64B (-53.7%)
6.82B
est: 6.96B (-2.0%)
8.20B
7.96B – 8.37B
+17.8% YoY
9.57B
9.29B – 9.79B
+16.8% YoY
10.99B
10.37B – 11.60B
+14.8% YoY
12.91B
12.34B – 13.43B
+17.5% YoY
EPS
1.49
est: 1.19 (+24.7%)
1.62
est: 1.97 (-17.7%)
3.72
est: 3.63 (+2.4%)
4.46
est: 4.68 (-4.7%)
5.95
est: 7.30 (-18.5%)
7.52
est: 7.37 (+2.0%)
5.49
est: 6.13 (-10.5%)
9.30
est: 8.97 (+3.7%)
13.19
est: 13.62 (-3.1%)
22.05
est: 22.51 (-2.1%)
16.65
est: 17.59 (-5.3%)
21.05
est: 22.18 (-5.1%)
16.73
est: 20.56 (-18.6%)
20.69
est: 20.38 (+1.5%)
23.00
20.86 – 23.88
+12.9% YoY
31.56
29.80 – 32.77
+37.2% YoY
39.11
34.92 – 42.61
+23.9% YoY
44.57
42.00 – 46.89
+13.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-19 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-18 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-15 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-14 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-13 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-12 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-11 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-08 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-05 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-04 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-30 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.16B
OE per share TTM
8.88
Owner's Yield
1.15%
Maintenance CapEx ratio
123.60%
Maint CapEx / Avg PPE
50.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 11 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 138.2K 0.48%
2 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 311.6K 0.26%
3 Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L 0.00% 87.2K 0.24%
4 Vanguard ESG Global All Cap UCITS ETF (USD) Distributing V3AL.L 0.00% 87.2K 0.24%
5 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 24.7K 0.22%
6 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 74.4K 0.22%
7 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 40.0K 0.22%
8 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 17.6K 0.22%
9 Vanguard Conservative ETF Portfolio VCNS.TO 0.00% 2.0K 0.22%
10 Vanguard Retirement Income ETF Portfolio VRIF.TO 0.00% 669.14 0.31%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.19M
Shares Outstanding
247.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Krishna Prasad Chigurupati Chairman & MD 237M
Priyanka Chigurupati Head of Marketing & Executive Director 24M female
Harsha Chigurupati Executive Director 24M male
Mukesh Surana Chief Financial Officer 15M male
Chaitanya Tummala Company Secretary & Compliance Officer 8M female
N. Baskaran President - Head API Manufacturing & Operations
Rajesh Kapoor President & Global Head of Quality
Ramraj Rangarajalu President & Head of Formulations Operations male
Sanjay Kumar President & Chief Strategy Officer male
V. Srinivas Chief Technology Officer and Head of R&D
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits