GRANULES

Granules India Ltd.

NSE: GRANULES

BSE: 532482

Sector: Healthcare

Industry Group: Pharmaceuticals & Biotechnology

Industry: Pharmaceuticals

894.35+34.8 (+4.05%)

9 Jul, 1:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

73.1 / 100

Value Score

29.1 / 100

Price Momentum Score

98.4 / 100

QVM Score

82.7 / 100

Key Metrics

Market Cap

21299.40

P/E (TTM)

35.80

P/B

4.19

P/S (TTM)

3.97

EV/EBITDA

18.44

CAPE (5Y)

50.90

ROE (TTM)

13.52

ROCE (TTM)

15.11

ROA (TTM)

8.52

Avg 3Y ROE

13.78

Earnings 3Y CAGR

5.18

Sales 3Y CAGR

5.95

Sales 5Y CAGR

10.63

Debt/Equity

0.30

Consensus TP

765.00

Strong Buy %

37.50

Promoter Holding

38.02

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Granules India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 98.4 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

98.4 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 5.35% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and stable operating margin

The company reported strong operating margin of 16.57% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 50 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 19.73% for 12-month ended 31 Mar 2026 and the growth was 8.49 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 11.24

Value 19.73

-82.35114662

Moderate EPS growth and above median growth of industry

The company delivered moderate EPS growth of 18.27% for 12-month ended 31 Mar 2026 and the growth was 10.15 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.3 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.09 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 35.8 indicates that the stock is expensive on a standalone basis and is at a 17.88% premium to industry median P/E

What is P/E Ratio?

Median: 30.37

Value 35.8

-215.443255.34

Low dividend yield

The company has a low dividend yield of 0.17%

What is Dividend yield?

Neutral

Moderate and stable ROE

The company reported moderate ROE of 13.52% for 12-month ended 31 Mar 2026 and ROE declined marginally by -93 bps from 1 year ago

What is ROE (FY)?

Company's earnings are of moderate quality

Earnings quality score of 59.5 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

59.5 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Granules India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Granules India Ltd. Shareholding Pattern

Quarterly breakdown of Granules India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	42.86	42.13	42.04	42.04	42.04	42.04	42.04	41.98	41.98	41.98	41.93	42.02	42.02	42.02	41.96	41.96	41.96	38.87	38.87	38.85	38.84	38.82	38.82	38.82	38.02	38.02
Indian Promoter	42.49	41.76	41.69	41.68	41.68	41.68	41.68	41.63	41.63	41.63	41.58	41.67	41.67	41.67	41.61	41.61	41.61	38.51	38.51	38.50	38.48	38.47	38.47	38.47	37.67	37.67
Foreign Promoter	0.37	0.37	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.34
Institutions	24.71	26.16	26.46	26.70	24.61	21.21	23.95	25.72	27.17	26.16	26.67	28.41	28.93	28.03	28.54	28.93	30.27	34.51	34.34	35.44	37.59	36.77	32.01	31.03	32.32	33.61
Mutual Funds / UTI	0.01	0.10	0.14	0.11	1.29	2.65	2.57	4.13	3.77	3.03	3.48	3.91	3.76	4.87	3.94	7.05	7.09	9.16	7.86	10.39	11.57	12.24	6.54	5.35	2.85	3.45
FI/Bank/Insurance	3.00	3.12	0.01	0.21	0.21	0.21	0.21	0.21	0.21	0.00	0.84	0.84	1.27	1.81	2.92	3.09	3.59	4.69	6.12	8.44	10.13	10.50	10.59	10.73	10.40	8.81
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	21.70	22.95	26.31	26.38	23.11	18.35	21.18	21.38	23.19	23.13	22.35	23.66	23.90	21.35	21.48	18.78	19.57	20.39	19.49	15.87	15.14	13.24	14.09	13.55	15.31	17.50
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.20	0.02	0.02	0.26	0.87	0.74	0.75	0.78	0.78	1.39	3.76	3.85
Non-Institution	32.43	31.71	31.50	31.27	33.36	36.76	34.01	32.30	30.85	31.85	31.40	29.56	29.05	29.95	29.50	29.10	27.77	26.62	26.80	25.72	23.55	24.41	29.17	30.15	29.67	28.38
Bodies Corporate	5.49	5.30	4.20	4.05	4.31	4.04	4.63	5.23	4.29	4.09	4.09	3.75	3.72	3.68	3.80	4.48	4.19	4.06	4.36	4.09	3.35	3.62	6.62	6.27	5.70	6.31
Others (incl. Retail) No. of shareholders	26.94 88,767	26.41 95,862	27.30 1,30,553	27.22 1,57,509	29.05 1,92,974	32.72 2,60,175	29.38 2,38,541	27.07 2,15,490	26.56 2,09,952	27.76 2,13,702	27.31 2,15,005	25.81 1,89,977	25.33 1,86,903	26.27 2,00,118	25.70 2,06,097	24.62 1,89,697	23.58 1,81,161	22.56 1,78,846	22.44 2,00,951	21.63 1,76,652	20.20 1,68,991	20.79 1,68,876	22.55 1,64,650	23.88 1,62,212	23.97 1,59,240	22.07 1,68,223

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty 500 Momentum 50	0.65%	39 / 50
2	Nifty Smallcap 250	0.56%	47 / 249
3	Nifty 500	0.06%	270 / 499
4	Nifty Total Market	0.06%	277 / 749

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Granules India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Suryanarayana Murthy Ponnada Employee	August-2021	Market Sale (Disposal) 4th Aug 2021	0.06 %	₹ 388.06	20.00 k	₹ 77.61 lac
Umesh Gupta Employee	August-2021	Market Sale (Disposal) 4th Aug 2021	0.00 %	₹ 395.00	3.00 k	₹ 11.85 lac
Swapna Gutta Directors Immediate Relative	June-2021	Market Sale (Disposal) 30th Jun 2021	0.03 %	₹ 332.88	33.00 k	₹ 1.10 cr
Jaiashokan Velusamy Employee	June-2021	Market Sale (Disposal) 29th Jun 2021	0.00 %	₹ 374.78	4.00 k	₹ 14.99 lac
K. B. Sankar Rao Director	June-2021	Market Sale (Disposal) 16th Jun 2021	1.23 %	₹ 329.77	47.18 k	₹ 1.56 cr
Swapna Gutta Directors Immediate Relative	June-2021	Market Sale (Disposal) 16th Jun 2021	0.03 %	₹ 332.50	932.00	₹ 3.10 lac
K. B. Sankar Rao Director	June-2021	Market Sale (Disposal) 10th Jun 2021	1.24 %	₹ 333.85	21.40 k	₹ 71.44 lac
K. B. Sankar Rao Director	June-2021	Market Sale (Disposal) 4th Jun 2021	1.25 %	₹ 326.93	23.00 k	₹ 75.19 lac
K. B. Sankar Rao Director	May-2021	Market Sale (Disposal) 28th May 2021	1.27 %	₹ 318.19	59.80 k	₹ 1.90 cr
K. B. Sankar Rao Director	May-2021	Market Sale (Disposal) 25th May 2021	1.31 %	₹ 321.22	1.09 lac	₹ 3.50 cr

Corporate Actions

History of Granules India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.75/share
Record date: 30th Jul 2026Ex-date: 30th Jul 2026
Announced on: 29th Apr 2026
Dividend₹ 1.50/share
Record date: 31st Jul 2025Ex-date: 31st Jul 2025
Announced on: 28th May 2025
Dividend₹ 1.50/share
Record date: 30th Jul 2024Ex-date: 30th Jul 2024
Announced on: 15th May 2024
Dividend₹ 1.50/share
Record date: 3rd Aug 2023Ex-date: 3rd Aug 2023
Announced on: 16th May 2023
Others
Ex-date: 22nd Aug 2022Announced on: 9th Aug 2022
"On market Tender offer."

Company Profile

Overview of Granules India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Granules India Limited is an India-based pharmaceutical manufacturing company. The Company operates through its pharmaceutical products segment. Its geographical segments include within India and outside India. The Company has a presence across the pharmaceutical manufacturing value chain, including...

Key personnel

Mr. Mukesh Surana

Chief Financial Officer

Dr. Rajesh Kapoor

President and Global Head - Quality

Mr. Sanjay Kumar

President and Chief Strategy & Sustainability Officer

Dr. Baskaran P. N.

President & Head - API Operations

Dr. Ramraj Rangarajulu

President and Head - Formulations Operations

Mr. Atul Dhavle

Chief Human Resources Officer

Mr. Manikandan Ramalingam

Senior Vice President & Head Formulation R&D

Dr. P. V. Srinivas

Chief Technology Officer, Head of Research and Development

View all

Incorporated on

18 Mar 1991

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

20 Sep 1995

Free Float

15,03,84,581

Website

https://granulesindia.com/

Phone no.

+914069043500

Address

15TH FLOOR, GRANULES TOWER BOTANICAL GARDEN ROAD KONDAPUR, K.V.RANGAREDDY,, SERILINGAMPALLY, , 500084, India

Frequently Asked Questions

What is the current share price of Granules India Ltd.?

The current share price of Granules India Ltd. is ₹ 894.35 as of 9 Jul 2026.

What is the market capitalisation of Granules India Ltd.?

The market capitalisation of Granules India Ltd. stands at ₹ 21,299.40 Cr.

What is the PE ratio of Granules India Ltd.?

The Price-to-Earnings (PE) ratio of Granules India Ltd. is 35.80 as of the latest trailing twelve months data.

What is the ROE and ROCE of Granules India Ltd.?

Granules India Ltd. has a Return on Equity (ROE) of 13.52% and a Return on Capital Employed (ROCE) of 15.11% as per the latest financial reports.

What is the 52-week high and low of Granules India Ltd.?

The 52-week high of Granules India Ltd. is - and the 52-week low is -.

What is the dividend yield of Granules India Ltd.?

The dividend yield of Granules India Ltd. is 0.17% based on the current market price.

What is the FII and DII holding in Granules India Ltd.?

Foreign Institutional Investors (FII) hold 17.50%, Domestic Institutional Investors (DII) hold 12.26% and retail/public investors hold 22.07% of Granules India Ltd. shares.

What sector does Granules India Ltd. belong to?

Granules India Ltd. operates in the Healthcare sector. 87.5% of analysts have a Buy or Strong Buy rating on Granules India Ltd. with a consensus target price of ₹ 765.00, implying 11% downside from current levels.

What is the beta of Granules India Ltd.?

The beta of Granules India Ltd. is 0.95, indicating its price volatility relative to the broader market. Over the past 1 year, Granules India Ltd. has delivered an absolute return of 73.54%.

What is the RSI of Granules India Ltd.?

The 14-day Relative Strength Index (RSI) of Granules India Ltd. is 72.53, placing it in the overbought zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Granules India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Granules India Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions