Granules India Limited
GRANULES · Pharma · NSE
₹746
Current Market Price
Fair Value (DCF)
₹457
Discount to FV
-38.8%
Updated 11m ago
YieldIQ Score
20/100
Piotroski F-Score
4/9
Economic Moat
None
Confidence
51%
ROE
11.7%
Debt/Equity
0.30
WACC
10.5%
Market Cap
₹18,497 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
18.1%
Return on capital employed
EV / EBITDA
13.4×
Enterprise multiple
Debt / EBITDA
1.7×
Leverage vs earnings
Interest Coverage
11.9×
EBIT covers interest
Current Ratio
1.56×
Short-term liquidity
Asset Turnover
0.86×
Revenue per ₹ of assets
Revenue CAGR (3Y)
4.2%
3-year revenue growth
Revenue CAGR (5Y)
6.2%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹746.45
Bear case
Margin of Safety —
Implied upside -144.1%
Base case
Margin of Safety -174.0%
Implied upside -63.5%
Bull case
Margin of Safety -7.0%
Implied upside -6.5%
Ratio Trends
GRANULES · last 9 annual periods
ROE
11.7%
ROCE
18.1%
Operating Margin
—
Debt / Equity
0.30×
PE
25.8×
EV / EBITDA
13.4×
Historical Financials
GRANULES · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹3765 Cr | ₹4496 Cr | ₹4490 Cr | ₹4456 Cr | ₹5339 Cr | +9.1% |
| EBITDA | ₹728 Cr | ₹907 Cr | ₹826 Cr | ₹989 Cr | ₹1195 Cr | +13.2% |
| EBIT | ₹581 Cr | ₹743 Cr | ₹653 Cr | — | — | +3.0% |
| PAT | ₹413 Cr | ₹517 Cr | ₹405 Cr | ₹502 Cr | ₹595 Cr | +9.6% |
| EPS (diluted) | ₹16.60 | ₹21.00 | ₹16.72 | — | — | +0.2% |
| CFO | ₹332 Cr | ₹739 Cr | ₹439 Cr | ₹867 Cr | ₹793 Cr | +24.3% |
| CapEx | ₹-398 Cr | ₹-411 Cr | ₹-381 Cr | ₹-572 Cr | ₹-558 Cr | — |
| FCF | ₹-65.7 Cr | ₹328 Cr | ₹58.8 Cr | ₹295 Cr | ₹235 Cr | — |
| Total Assets | ₹4513 Cr | ₹4905 Cr | ₹5521 Cr | ₹6253 Cr | ₹7720 Cr | +14.4% |
| Total Debt | ₹1106 Cr | ₹1136 Cr | ₹1315 Cr | ₹1455 Cr | ₹1512 Cr | +8.1% |
| Shareholders' Equity | ₹2587 Cr | ₹2835 Cr | ₹3226 Cr | ₹3716 Cr | ₹5085 Cr | +18.4% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
GRANULES vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 APLLTD Alembic Pharmaceuticals Limited | -27.7%-21.7% upside | 41 | Above Fair Value | 11.9% | 19.3× |
 COHANCE Cohance Lifesciences Limited | -491.7%-83.1% upside | 22 | Data Limited | 4.6% | — |
 JUBLPHARMA Jubilant Pharmova Limited | -226.8%-69.4% upside | 22 | Data Limited | 5.6% | 32.5× |
 NEULANDLAB NEULANDLAB | — | — | Pending | 19.4% | — |
 PPLPHARMA Piramal Pharma Limited | -88.0%-46.8% upside | 20 | Above Fair Value | -4.0% | — |
Click a ticker to view its fair-value analysis.
Dividend History
29 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹6.75/sh
Last payout
2025-07-31
₹1.50
Peak payout
₹1.50
Trailing yield
0.20%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Granules India Limited (GRANULES.NS) trades at 746.45 vs a model fair value of 456.55, a gap of -38.8%. Piotroski F-score: 4/9. Moat labe...
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Market-implied growth
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Risk Analysis
Volatility & drawdown
Risk profile of GRANULES →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for GRANULES →
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Compare GRANULES side by side →
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Analyse GRANULESNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.