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Granules India Ltd

(GRANULES)

₹5551.75%

as on 04:01PM, 13 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 7 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 7 analysts offering long term price targets for Granules India Ltd. An average target of ₹708.57

Source: S&P Global Market Intelligence

Granules India Ltd Share analysis

Granules India Ltd price forecast by 7 analysts

Upside of27.67%

High

₹769

Target

₹708.57

Low

₹650

Granules India Ltd target price ₹708.57, a slight upside of 27.67% compared to current price of ₹555. According to 7 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹541.1
    ₹580
  • 52 Week's Low

    52 Week's High

    ₹305.9
    ₹721
1 Month Return-17.08 %
3 Month Return+ 20.19 %
1 Year Return+ 65.97 %
Previous Close₹564.90
Open₹565.00
Volume2.57Cr
Upper Circuit-
Lower Circuit-
Market Cap₹13,691.41Cr

Key Statistics

P/E Ratio27.33
PEG Ratio11.25
Market Cap₹13,691.41 Cr
P/B Ratio3.35
EPS16.72
Dividend Yield0.35
SectorPharmaceuticals
ROE15

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹13,691.41 Cr86.78%0.63₹405 Cr₹4,506 Cr
HOLD₹30,173.58 Cr123.36%0.52₹300 Cr₹1,051 Cr
BUY₹16,677.91 Cr31.2%0.57₹72 Cr₹6,702 Cr
NA₹7,313.42 Cr7.14%0.79-₹388 Cr₹75 Cr
BUY₹13,306.32 Cr38.53%0.68₹218 Cr₹1,296 Cr

Company Information

Granules India Limited is a large-scale vertically-integrated company found in March 1991. It manufactures active pharmaceutical ingredients, pharmaceutical formulation intermediates, and finished dosages. The company has a strong presence in off-patent drugs, first-line defence products such as Paracetamol, Ibuprofen, Metformin, and Guaifenesin, as well as a global presence in over 80 countries and 250 customers. It also has a 15,000 sq. ft. research center in Pragathi Nagar, Hyderabad and has completed expansion projects in Gagillapur and Visakhapatnam. In FY 2014-15, the company crossed Rs 1200 crore in revenue, made its first acquisition, and increased its PFI capacity by 4000 tons / annum. During 2015-16 it initiated construction of 7000 TPA Metformin and 2000 TPA Guaifenesin API block, and has a total of 22 EDMF/CEP and 44 ANDA filings with US FDA. In FY 2017 the company received Establishment Inspection Report from US FDA for its Jeedimetla plant and license from the Drug Enforcement Agency for its Virginia facility. In FY 2018, it crossed Rs 1400 crore in revenue and initiated commercial production of Metaformin and Paracetamol API at its Bonthapally facility. The company also successfully received 7 ANDAs approvals from US FDA. In FY 2019, Granules India initiated buyback programme, with the Board of Directors approving a buyback of up to 12.5 million equity shares on 21 January 2020. The Company has divested its entire 50% shareholding in GranulesBiocause Pharmaceutical Co. Ltd and Granules Omnichem Private Ltd. for a consideration of Rs 111.2 crore. During the year 2021, Granules Pharmaceuticals Inc. announced a voluntary recall of 12 batches of Metformin Hydrochloride Extended Release tablets USP 750 mg, out of caution. In 2022, the Company completed the largest single manufacturing site for Multiple Unit Pellet System MUPS at its Gagillapur facility and capacity expansion for manufacturing multiple APIs at Unit V Visakhapatnam. In a span of over 30 years, Granules India has firmly established its leadership in the off-patent drugs segment, and a strong presence in first line of defense products, creating a global presence in over 80 countries, servicing over 250 customers and filing 66 EDMF/CE

Share Price: ₹555.00 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹13,691.41Cr as of today
Revenue: ₹1,169.11Cr as on June 2024 (Q2 24)
Net Profit: ₹134.65Cr as on June 2024 (Q2 24)
Listing date: 20 Jun, 2005
Chairperson Name: C Krishna Prasad
OrganisationGranules India Ltd
HeadquartersHyderabad
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Granules India Ltd

  • Granules India Faces Regulatory Challenges Amid Buy Recommendations - 13 Sep, 2024

    Granules India is addressing USFDA observations at its Gagillapur site, leading to a 23% stock decline. Analysts still recommend buying with a target of Rs 680, expecting strong earnings growth despite regulatory hurdles.

  • Granules India Stock Plummets on USFDA Concerns - 12 Sep, 2024

    Granules India shares fell over 16% after the USFDA issued six observations from an inspection at its Gagillapur facility, raising investor concerns. The company is committed to addressing these issues promptly.

  • Granules India Shares Drop After USFDA Observations - 09 Sep, 2024

    Granules India Ltd's shares declined by 4% following the USFDA's six observations from an inspection at its Gagillapur facility. The company is committed to addressing these observations promptly.

  • Granules India Completes USFDA Inspection with Observations - 08 Sep, 2024

    Granules India announced the completion of a USFDA inspection at its Gagillapur facility, which resulted in six observations. The company is committed to addressing these observations promptly.

  • Granules India Faces FDA Observations at Gagillapur Plant - 07 Sep, 2024

    Granules India Ltd's Gagillapur facility completed a US FDA inspection with six observations. The company is committed to addressing these promptly. Despite this, Granules reported significant profit growth in Q1 FY25.

  • Granules India Faces FDA Audit Amid Strong Performance - 03 Sep, 2024

    Granules India Ltd experienced a brief stock decline due to a surprise FDA audit at its Gagilapur facility, which generates over 70% of its revenue. Despite this, the company reported a 20% revenue growth in Q1 FY25 and a tripling of net profit, driven by strong US demand. The stock remains a high performer with a 127% return over the past year.

  • Granules India Ltd Shows Strong Breakout Potential - 30 Aug, 2024

    Granules India Ltd has experienced a 100% rally over the past year and recently achieved a Pole & Flag breakout. Experts suggest short-term traders consider buying the stock, targeting Rs 777 within the next 3-4 weeks.

  • Granules India Exhibits Bullish Breakout Trend - 29 Aug, 2024

    Granules India has experienced a consolidation breakout, supported by strong volume and bullish RSI. Analysts expect the stock to target Rs 770, with support at Rs 685.

  • Granules India Shares Drop After Facility Inspection - 27 Aug, 2024

    Granules India Ltd. experienced a significant decline in share price following a surprise inspection at its Gagilapur facility, which accounts for over 70% of revenue. The facility has 11 pending ANDAs for the US market, raising concerns among investors.

  • KR Choksey Upgrades Granules India to BUY - 21 Aug, 2024

    KR Choksey has upgraded Granules India to a BUY rating with a target price of Rs 769, citing strong growth in FDFs and improved revenue and net income projections for FY24-FY26E.

  • Granules India Secures FDA Approval for Pediatric Drug - 20 Aug, 2024

    Granules India announced FDA approval for its Glycopyrrolate Oral Solution, aimed at treating pediatric patients with neurological conditions causing drooling. This approval enhances Granules' presence in the U.S. market.

Insights on Granules India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.57% to 20.39% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.15K Cr → 1.18K Cr (in ₹), with an average increase of 1.1% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 47.9 Cr → 134.65 Cr (in ₹), with an average increase of 19.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.09% to 9.16% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Torrent Pharmaceuticals Ltd has given 87.6% return, outperforming this stock by 21.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 137.2% return, outperforming this stock by 71.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 41.96% to 38.87% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GRANULES stock has moved down by -16.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.76% to 26.62% in Jun 2024 quarter

Granules India Ltd Infographics

Granules India Ltd Infographics

This Indian company is the world's largest producer of paracetamol

  • This Indian company is the world's largest producer of paracetamol
  • Granules India A leading drug manufacturer
  • Formed Triton Laboratories to produce Paracetamol API
  • Sets new Paracetamol plant in Hyderabad
  • Key Financial Stats

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹983.39Cr (-)₹1,189.49Cr (↑20.96%)₹1,155.58Cr (↓2.85%)₹1,169.06Cr (↑1.17%)₹1,169.11Cr (-)
Net Income₹47.90Cr (-)₹102.12Cr (↑113.19%)₹125.65Cr (↑23.04%)₹129.65Cr (↑3.18%)₹134.65Cr (↑3.86%)
Net Profit Margin4.87% (-)8.59% (↑76.39%)10.87% (↑26.54%)11.09% (↑2.02%)11.52% (↑3.88%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,711.98Cr (-)₹4,398.96Cr (↑18.51%)₹4,540.94Cr (↑3.23%)₹5,039.53Cr (↑10.98%)
Total Liabilities₹1,549.36Cr (-)₹1,868.30Cr (↑20.59%)₹1,841.48Cr (↓1.44%)₹1,928.58Cr (↑4.73%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹494.79Cr (-)₹374.66Cr (↓24.28%)₹280.29Cr (↓25.19%)₹663.68Cr (↑136.78%)₹316.93Cr (↓52.25%)

Index Inclusions

BSE Healthcare

₹44,309.16

0.05 (22.52%)

BSE 500

₹37,757.29

0.1 (36.4%)

BSE Small-Cap

₹57,128.04

0.95 (538.11%)

Nifty Healthcare

₹14,695.45

-0.17 (-25.5%)

S&P BSE 400 MidSmallCap

₹12,925.21

0.63 (80.95%)

Nifty Smallcap 250

₹18,543.15

0.88 (161.45%)

NIFTY PHARMA

₹23,457.65

0.12 (28.05%)

S&P BSE AllCap

₹11,052.65

0.16 (17.17%)

S&P BSE 250 SmallCap

₹7,507.35

0.79 (58.99%)

Nifty MidSmallcap 400

₹20,931.20

0.73 (151.65%)

Nifty 500

₹23,928.20

0.09 (20.85%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
38.87%
-7.37
Foreign Institutions
20.39%
4.19
Mutual Funds
9.16%
29.17
Retail Investors
26.62%
-4.12
Others
4.96%
37.32

Key Indicators

Details20202021202220232024
Return On Assets %10.5914.89.3811.388.04
Details20202021202220232024
Book Value Per Share (₹)72.5287.75104.29117.13133.08
Details20202021202220232024
Earning Per Share (₹)13.1922.1816.6421.3416.72
Details20202021202220232024
Return On Equity %19.7127.8216.4719.0715

Granules India Ltd Valuation

Granules India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.05x)

July 25, 2019

Today (27.33x)

September 13, 2024

Industry (58.76x)

September 13, 2024

Highest (35.36x)

August 30, 2024

LowHigh

Earnings and Dividends

  • Granules India Ltd Earnings Results

    Granules India Ltd’s net profit jumped 181.11% since last year same period to ₹134.65Cr in the Q1 2024-2025. On a quarterly growth basis, Granules India Ltd has generated 3.86% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Granules India Ltd Dividends May,2024

    In the quarter ending March 2024, Granules India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.54%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Granules India Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Granules India Ltd (GRANULES) share price today is ₹555

Granules India Ltd is listed on NSE

Granules India Ltd is listed on BSE

  • Today’s highest price of Granules India Ltd is ₹580.
  • Today’s lowest price of Granules India Ltd is ₹541.1.

PE Ratio of Granules India Ltd is 27.33

PE ratio = Granules India Ltd Market price per share / Granules India Ltd Earnings per share

Today’s traded volume of Granules India Ltd(GRANULES) is 2.57Cr.

Today’s market capitalisation of Granules India Ltd(GRANULES) is ₹13691.41Cr.

Granules India Ltd(GRANULESPrice
52 Week High
₹721
52 Week Low
₹305.9

Granules India Ltd(GRANULES) share price is ₹555. It is down -23.02% from its 52 Week High price of ₹721

Granules India Ltd(GRANULES) share price is ₹555. It is up 81.43% from its 52 Week Low price of ₹305.9

Granules India Ltd(GRANULESReturns
1 Day Returns
-9.9%
1 Month Returns
-17.08%
3 Month Returns
20.19%
1 Year Returns
65.97%