About Granules India Limited
Data last updated: 14 July 2026
Granules India Limited is a public limited company based in Serilingampally, Telangana, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 18 March 1991, the company has been in operation for over 35 years.
Registered with ROC Hyderabad under CIN L24110TG1991PLC012471. Listed on BSE: 532482 and NSE: GRANULES.
Capital: an authorised share capital of ₹50.5 Cr and a paid-up capital of ₹24.78 Cr. Formerly known as Granules India Private Limited. It is led by directors including Arun Sawhney and Harsha Chigurupati.
Last AGM: 07 August 2025. Financial statements filed for year ended 31 March 2025. Office: Serilingampally, Telangana.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹5,365.64 Cr, a growth of 19.73% compared to the previous year. The net worth stands at ₹5,085 Cr (up 36.86% YoY). Total assets are valued at ₹7,719.95 Cr (up 23.47% YoY).
The company has a workforce of approximately 3,632 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Granules India. As per MCA filings, the company has open charges of ₹905 Cr and satisfied charges of ₹2,314.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website granulesindia.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered Address15Th Floor Granules Tower, Botanical Garden Road, Serilingampally, Telangana, India – 500084
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IndustryPharma, API Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Granules India Limited
Granules India Limited has one previous CIN (Corporate Identification Number): L24110AP1991PLC012471. The current CIN is L24110TG1991PLC012471, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24110TG1991PLC012471 | Current |
| L24110AP1991PLC012471 | Previous |
Associated Brands with Granules India Limited
Granules India Limited operates one associated brand: Granules India. These brands represent Granules India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| CDMO focused on manufacturing of active pharmaceutical ingredients | granulesindia.com |
Business Activity of Granules India Limited
Granules India Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Granules India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Granules India Limited
Granules India Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Granules India Limited
Granules India Limited is currently managed by 11 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Sawhney | Director | 29 Oct 2018 | 7 Years 9 Months | Current |
|
Harsha Chigurupati
Also directs:
Product Armor Llp, Smarter Spirits Llp, Product Armor Packaging Private Limited and 2 more
|
Whole-Time Director | 26 Jul 2010 | 16 Years 0 Months | Current |
|
Umadevi Chigurupati
Also directs:
Krsma Hospitality Llp, Krsma Vineyards Private Limited, Krsma Estates Private Limited and 5 more
|
Whole-Time Director | 31 May 2012 | 14 Years 2 Months | Current |
| Basava Sankar Rao Kolli | Director | 19 Feb 2013 | 13 Years 6 Months | Current |
| Krishna Prasad Chigurupati | Managing Director | 31 Aug 1994 | 31 Years 11 Months | Current |
|
Palepu Sucharita Rao
Also directs:
Adithya Automotive Applications Limited
|
Director | 22 Dec 2021 | 4 Years 7 Months | Current |
Financials of Granules India Limited FY 2026 filings available
Granules India Limited reported revenue of ₹5,365.64 Cr (up 19.73% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹5,365.64 Cr | ₹4,481.61 Cr | ₹4,506.37 Cr | ₹4,511.92 Cr | ₹3,764.92 Cr | ₹3,237.54 Cr | ₹2,598.65 Cr |
| Other Income | ₹20.33 Cr | ₹12.92 Cr | ₹4.4 Cr | ₹13.78 Cr | ₹17.61 Cr | ₹26.88 Cr | ₹36.56 Cr |
| Total Income | ₹5,385.97 Cr | ₹4,494.53 Cr | ₹4,510.77 Cr | ₹4,525.7 Cr | ₹3,782.53 Cr | ₹3,264.42 Cr | ₹2,635.2 Cr |
| Cost of Materials Consumed | ₹2,099.78 Cr | ₹1,724.94 Cr | ₹2,208.22 Cr | ₹2,352.65 Cr | ₹2,036.42 Cr | ₹1,590.28 Cr | ₹1,314.92 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹224.08 Cr | ₹76.2 Lakh | -₹186.97 Cr | -₹45.37 Cr | -₹152.78 Cr | -₹199 Cr | -₹33.99 Cr |
| Employee Benefit Expense | ₹888.36 Cr | ₹659.8 Cr | ₹597.86 Cr | ₹472.23 Cr | ₹401.38 Cr | ₹408.18 Cr | ₹259.04 Cr |
| Finance Costs | ₹114.35 Cr | ₹103.24 Cr | ₹105.82 Cr | ₹55.93 Cr | ₹23.21 Cr | ₹26.28 Cr | ₹27.02 Cr |
| Depreciation & Amortisation | ₹296.14 Cr | ₹225.5 Cr | ₹207.33 Cr | ₹184.49 Cr | ₹158.63 Cr | ₹151.46 Cr | ₹136.95 Cr |
| Other Expenses | ₹1,416.44 Cr | ₹1,150.87 Cr | ₹1,031.28 Cr | ₹818.58 Cr | ₹757.67 Cr | ₹582.86 Cr | ₹533.36 Cr |
| Total Expenses | ₹4,590.99 Cr | ₹3,865.11 Cr | ₹3,963.54 Cr | ₹3,838.52 Cr | ₹3,224.53 Cr | ₹2,560.06 Cr | ₹2,237.31 Cr |
| Profit Before Exceptional Items & Tax | ₹794.98 Cr | ₹629.42 Cr | ₹547.23 Cr | ₹687.17 Cr | ₹558 Cr | ₹704.36 Cr | ₹397.9 Cr |
| Exceptional Items | -₹10 Cr | ₹30.75 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹27.74 Cr |
| Profit Before Tax | ₹784.98 Cr | ₹660.17 Cr | ₹547.23 Cr | ₹687.17 Cr | ₹558 Cr | ₹704.36 Cr | ₹425.64 Cr |
| Total Tax Expense | ₹189.96 Cr | ₹158.65 Cr | ₹141.92 Cr | ₹170.58 Cr | ₹145.24 Cr | ₹154.91 Cr | ₹115.73 Cr |
| Net Profit | ₹595.02 Cr | ₹501.52 Cr | ₹405.31 Cr | ₹516.6 Cr | ₹412.76 Cr | ₹549.46 Cr | ₹335.4 Cr |
| attributable to Owners | - | ₹501.52 Cr | ₹425.81 Cr | ₹516.6 Cr | ₹412.76 Cr | - | ₹0 |
| attributable to NCI | - | ₹0 | ₹0 | ₹0 | ₹2,000 | - | ₹0 |
| Other Comprehensive Income | ₹143.31 Cr | ₹27.02 Cr | ₹20.5 Cr | ₹56.9 Cr | ₹40.07 Cr | -₹26.16 Cr | ₹2.18 Cr |
| Total Comprehensive Income | ₹738.34 Cr | ₹528.54 Cr | ₹425.81 Cr | ₹573.5 Cr | ₹452.83 Cr | ₹523.3 Cr | ₹337.58 Cr |
| EBITDA (computed) | ₹1,205.47 Cr | ₹958.16 Cr | ₹860.38 Cr | ₹927.6 Cr | ₹739.84 Cr | ₹882.11 Cr | ₹561.87 Cr |
| Basic EPS | ₹24.47 | ₹20.69 | ₹16.73 | ₹21.05 | ₹16.66 | ₹22.05 | ₹13.19 |
| Diluted EPS | ₹24.46 | ₹20.68 | ₹16.72 | ₹21.00 | ₹16.60 | ₹21.95 | ₹13.15 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,719.95 Cr | ₹6,252.56 Cr | ₹5,520.98 Cr | ₹4,904.56 Cr |
| Non-current Assets | ₹3,952.3 Cr | ₹3,137.08 Cr | ₹2,615.93 Cr | ₹2,330.42 Cr |
| Current Assets | ₹3,767.65 Cr | ₹3,115.48 Cr | ₹2,905.05 Cr | ₹2,574.15 Cr |
| Property, Plant & Equipment | ₹3,051.42 Cr | ₹2,217.42 Cr | ₹1,856.09 Cr | ₹1,631.37 Cr |
| Inventories | ₹1,673.03 Cr | ₹1,342.82 Cr | ₹1,300.55 Cr | ₹1,149.41 Cr |
| Trade Receivables | ₹909.37 Cr | ₹942.22 Cr | ₹985.83 Cr | ₹948.54 Cr |
| Cash & Equivalents | ₹880.24 Cr | ₹466.11 Cr | ₹381.1 Cr | ₹291.56 Cr |
| Equity (Net Worth) | ₹5,085 Cr | ₹3,715.58 Cr | ₹3,225.54 Cr | ₹2,834.91 Cr |
| Equity Share Capital | ₹24.78 Cr | ₹24.25 Cr | ₹24.24 Cr | ₹24.2 Cr |
| Borrowings (Non-current) | ₹297.15 Cr | ₹311.51 Cr | ₹68.97 Cr | ₹148.64 Cr |
| Borrowings (Current) | ₹1,040.98 Cr | ₹974.28 Cr | ₹1,154.26 Cr | ₹909.98 Cr |
| Total Debt (computed) | ₹1,338.13 Cr | ₹1,285.79 Cr | ₹1,223.23 Cr | ₹1,058.62 Cr |
| Current Liabilities | ₹2,092.03 Cr | ₹2,003.16 Cr | ₹2,082.29 Cr | ₹1,813.5 Cr |
| Total Liabilities | ₹2,634.96 Cr | ₹2,536.98 Cr | ₹2,295.44 Cr | ₹2,069.66 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹793.25 Cr | ₹866.57 Cr | ₹439.41 Cr | ₹738.75 Cr | ₹332.05 Cr |
| Investing Cash Flow | -₹773.21 Cr | -₹691.29 Cr | -₹360.16 Cr | -₹191.36 Cr | -₹380.11 Cr |
| Financing Cash Flow | ₹379.29 Cr | -₹92.51 Cr | ₹7.66 Cr | -₹440.29 Cr | ₹190 Cr |
| Capital Expenditure | ₹558.21 Cr | ₹571.69 Cr | ₹380.58 Cr | ₹410.68 Cr | ₹397.71 Cr |
| Free Cash Flow (computed) | ₹235.04 Cr | ₹294.87 Cr | ₹58.84 Cr | ₹328.07 Cr | -₹65.65 Cr |
| Dividends Paid | ₹36.4 Cr | ₹36.36 Cr | ₹36.31 Cr | ₹18.62 Cr | ₹37.17 Cr |
| Net Change in Cash | ₹411.72 Cr | ₹85.01 Cr | ₹89.54 Cr | ₹106.84 Cr | ₹142.88 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,470.61 Cr | ₹1,387.94 Cr | ₹1,296.99 Cr | ₹1,210.11 Cr | ₹1,197.43 Cr | ₹1,137.7 Cr | ₹966.62 Cr | ₹1,179.87 Cr | ₹1,175.78 Cr | ₹1,155.58 Cr | ₹1,189.49 Cr | ₹985.52 Cr |
| Other Income | ₹8.77 Cr | -₹3.64 Cr | -₹1.15 Cr | ₹16.35 Cr | ₹1.92 Cr | ₹5.68 Cr | ₹3.26 Cr | ₹2.06 Cr | ₹1.87 Cr | ₹65.2 Lakh | ₹1.53 Cr | ₹34.8 Lakh |
| Total Income | ₹1,479.38 Cr | ₹1,384.3 Cr | ₹1,295.84 Cr | ₹1,226.45 Cr | ₹1,199.35 Cr | ₹1,143.37 Cr | ₹969.87 Cr | ₹1,181.93 Cr | ₹1,177.65 Cr | ₹1,156.24 Cr | ₹1,191.02 Cr | ₹985.86 Cr |
| Cost of Materials Consumed | ₹644.23 Cr | ₹529.24 Cr | ₹497.8 Cr | ₹428.51 Cr | ₹434.7 Cr | ₹444.78 Cr | ₹362.45 Cr | ₹483.01 Cr | ₹546.54 Cr | ₹553.25 Cr | ₹519.76 Cr | ₹588.67 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹140.12 Cr | -₹27.68 Cr | -₹52.84 Cr | -₹3.45 Cr | ₹3.68 Cr | -₹9.11 Cr | ₹4.76 Cr | ₹1.43 Cr | -₹76.93 Cr | -₹55.92 Cr | ₹55.35 Cr | -₹109.48 Cr |
| Employee Benefit Expense | ₹240.45 Cr | ₹225.96 Cr | ₹219.2 Cr | ₹202.75 Cr | ₹169.12 Cr | ₹167.64 Cr | ₹159.43 Cr | ₹163.61 Cr | ₹151.69 Cr | ₹157.01 Cr | ₹148.84 Cr | ₹140.32 Cr |
| Finance Costs | ₹32.69 Cr | ₹28.69 Cr | ₹29.19 Cr | ₹23.78 Cr | ₹23.98 Cr | ₹26.57 Cr | ₹25.67 Cr | ₹27.02 Cr | ₹28.76 Cr | ₹28.65 Cr | ₹25.96 Cr | ₹22.46 Cr |
| Depreciation & Amortisation | ₹81.75 Cr | ₹73.53 Cr | ₹72.02 Cr | ₹68.85 Cr | ₹63.5 Cr | ₹56.61 Cr | ₹52.52 Cr | ₹52.87 Cr | ₹53.18 Cr | ₹52.39 Cr | ₹52.52 Cr | ₹49.24 Cr |
| Other Expenses | ₹373.94 Cr | ₹352.33 Cr | ₹354.6 Cr | ₹335.57 Cr | ₹337.58 Cr | ₹304.09 Cr | ₹236.66 Cr | ₹272.55 Cr | ₹298.77 Cr | ₹250.77 Cr | ₹252.56 Cr | ₹229.19 Cr |
| Total Expenses | ₹1,232.94 Cr | ₹1,182.07 Cr | ₹1,119.97 Cr | ₹1,056.02 Cr | ₹1,032.55 Cr | ₹990.58 Cr | ₹841.49 Cr | ₹1,000.49 Cr | ₹1,002.01 Cr | ₹986.14 Cr | ₹1,055 Cr | ₹920.39 Cr |
| Profit Before Exceptional Items & Tax | ₹246.44 Cr | ₹202.23 Cr | ₹175.87 Cr | ₹170.44 Cr | ₹166.8 Cr | ₹152.79 Cr | ₹128.38 Cr | ₹181.44 Cr | ₹175.64 Cr | ₹170.1 Cr | ₹136.02 Cr | ₹65.47 Cr |
| Exceptional Items | ₹15.92 Cr | ₹0 | ₹0 | -₹25.91 Cr | ₹30.75 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹262.36 Cr | ₹202.23 Cr | ₹175.87 Cr | ₹144.53 Cr | ₹197.55 Cr | ₹152.79 Cr | ₹128.38 Cr | ₹181.44 Cr | ₹175.64 Cr | ₹170.1 Cr | ₹136.02 Cr | ₹65.47 Cr |
| Total Tax Expense | ₹60.79 Cr | ₹52.02 Cr | ₹45.26 Cr | ₹31.89 Cr | ₹45.52 Cr | ₹35.19 Cr | ₹31.15 Cr | ₹46.79 Cr | ₹46 Cr | ₹44.44 Cr | ₹33.91 Cr | ₹17.58 Cr |
| Net Profit | ₹201.57 Cr | ₹150.21 Cr | ₹130.61 Cr | ₹112.64 Cr | ₹152.03 Cr | ₹117.6 Cr | ₹97.23 Cr | ₹134.65 Cr | ₹129.65 Cr | ₹125.65 Cr | ₹102.12 Cr | ₹47.9 Cr |
| attributable to Owners | - | ₹150.21 Cr | ₹130.61 Cr | ₹110.39 Cr | ₹152.03 Cr | ₹117.6 Cr | ₹97.23 Cr | ₹134.65 Cr | ₹139.02 Cr | ₹125.65 Cr | - | - |
| attributable to NCI | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - |
| Other Comprehensive Income | ₹66.25 Cr | ₹18.57 Cr | ₹39.47 Cr | ₹19.03 Cr | ₹10.59 Cr | ₹10.36 Cr | ₹3.71 Cr | ₹2.36 Cr | ₹9.37 Cr | -₹4.54 Cr | ₹15.58 Cr | ₹8.4 Lakh |
| Total Comprehensive Income | ₹267.82 Cr | ₹168.78 Cr | ₹170.07 Cr | ₹131.66 Cr | ₹162.63 Cr | ₹127.96 Cr | ₹100.94 Cr | ₹137.01 Cr | ₹139.02 Cr | ₹121.12 Cr | ₹117.69 Cr | ₹47.98 Cr |
| EBITDA (computed) | ₹360.88 Cr | ₹304.46 Cr | ₹277.08 Cr | ₹263.06 Cr | ₹254.28 Cr | ₹235.97 Cr | ₹206.57 Cr | ₹261.33 Cr | ₹257.58 Cr | ₹251.13 Cr | ₹214.5 Cr | ₹137.17 Cr |
| Basic EPS | ₹8.23 | ₹6.19 | ₹5.38 | ₹4.64 | ₹6.27 | ₹4.85 | ₹4.01 | ₹5.56 | ₹5.35 | ₹5.18 | ₹4.22 | ₹1.98 |
| Diluted EPS | ₹8.23 | ₹6.19 | ₹5.38 | ₹4.64 | ₹6.27 | ₹4.85 | ₹4.01 | ₹5.55 | ₹5.35 | ₹5.18 | ₹4.22 | ₹1.98 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3,473.96 Cr | ₹3,030.16 Cr | ₹3,755.09 Cr | ₹3,931.2 Cr | ₹3,238.44 Cr | ₹3,134.98 Cr | ₹2,309.93 Cr |
| Other Income | ₹49.8 Cr | ₹40.68 Cr | ₹5.78 Cr | ₹9.93 Cr | ₹17.51 Cr | ₹13.72 Cr | ₹26.46 Cr |
| Total Income | ₹3,523.76 Cr | ₹3,070.84 Cr | ₹3,760.87 Cr | ₹3,941.13 Cr | ₹3,255.95 Cr | ₹3,148.71 Cr | ₹2,336.39 Cr |
| Cost of Materials Consumed | ₹1,505.27 Cr | ₹1,373.9 Cr | ₹1,927.12 Cr | ₹2,099.93 Cr | ₹1,864.16 Cr | ₹1,502.19 Cr | ₹1,253.28 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹7.68 Cr | -₹29.8 Cr | -₹20.21 Cr | ₹61.52 Cr | -₹106.41 Cr | ₹7.45 Cr | -₹31.3 Cr |
| Employee Benefit Expense | ₹423.13 Cr | ₹382.34 Cr | ₹380.61 Cr | ₹330.07 Cr | ₹282.8 Cr | ₹318.25 Cr | ₹192.51 Cr |
| Finance Costs | ₹61.44 Cr | ₹62.78 Cr | ₹72 Cr | ₹38.67 Cr | ₹16.35 Cr | ₹23.77 Cr | ₹26.86 Cr |
| Depreciation & Amortisation | ₹164.47 Cr | ₹146.23 Cr | ₹143.85 Cr | ₹145.56 Cr | ₹126.16 Cr | ₹118.45 Cr | ₹101.82 Cr |
| Other Expenses | ₹813.8 Cr | ₹738.92 Cr | ₹666.21 Cr | ₹601.44 Cr | ₹553.24 Cr | ₹445.72 Cr | ₹401.29 Cr |
| Total Expenses | ₹2,975.79 Cr | ₹2,674.37 Cr | ₹3,169.58 Cr | ₹3,277.19 Cr | ₹2,736.3 Cr | ₹2,415.84 Cr | ₹1,944.48 Cr |
| Profit Before Exceptional Items & Tax | ₹547.97 Cr | ₹396.47 Cr | ₹591.29 Cr | ₹663.94 Cr | ₹519.65 Cr | ₹732.87 Cr | ₹391.91 Cr |
| Exceptional Items | -₹12.16 Cr | ₹30.75 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹161.12 Cr |
| Profit Before Tax | ₹535.81 Cr | ₹427.22 Cr | ₹591.29 Cr | ₹663.94 Cr | ₹519.65 Cr | ₹732.87 Cr | ₹553.03 Cr |
| Total Tax Expense | ₹135.15 Cr | ₹107.89 Cr | ₹155.37 Cr | ₹165.16 Cr | ₹133.13 Cr | ₹180.09 Cr | ₹108.96 Cr |
| Net Profit | ₹400.67 Cr | ₹319.34 Cr | ₹435.92 Cr | ₹498.79 Cr | ₹386.51 Cr | ₹552.78 Cr | ₹444.07 Cr |
| Other Comprehensive Income | -₹35.64 Cr | ₹4.09 Cr | ₹8.43 Cr | -₹4.69 Cr | ₹13.54 Cr | -₹5.51 Cr | -₹27.05 Cr |
| Total Comprehensive Income | ₹365.03 Cr | ₹323.42 Cr | ₹444.35 Cr | ₹494.1 Cr | ₹400.06 Cr | ₹547.27 Cr | ₹417.02 Cr |
| EBITDA (computed) | ₹773.89 Cr | ₹605.48 Cr | ₹807.14 Cr | ₹848.17 Cr | ₹662.16 Cr | ₹875.1 Cr | ₹520.59 Cr |
| Basic EPS | ₹16.48 | ₹13.17 | ₹18.00 | ₹20.32 | ₹15.60 | ₹22.18 | ₹17.47 |
| Diluted EPS | ₹16.47 | ₹13.17 | ₹17.99 | ₹20.30 | ₹15.55 | ₹22.09 | ₹17.41 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹5,981.28 Cr | ₹5,151.87 Cr | ₹5,005.63 Cr | ₹4,503.27 Cr |
| Non-current Assets | ₹3,685.68 Cr | ₹2,864.96 Cr | ₹2,371.71 Cr | ₹2,185.3 Cr |
| Current Assets | ₹2,295.6 Cr | ₹2,286.91 Cr | ₹2,633.92 Cr | ₹2,317.97 Cr |
| Property, Plant & Equipment | ₹1,426.44 Cr | ₹1,360.26 Cr | ₹1,265.52 Cr | ₹1,256.06 Cr |
| Inventories | ₹626.21 Cr | ₹648.49 Cr | ₹578.62 Cr | ₹593.41 Cr |
| Trade Receivables | ₹1,247.02 Cr | ₹1,294.53 Cr | ₹1,633.19 Cr | ₹1,372.19 Cr |
| Cash & Equivalents | ₹210.09 Cr | ₹152.34 Cr | ₹223.08 Cr | ₹181.75 Cr |
| Equity (Net Worth) | ₹4,399.12 Cr | ₹3,403.01 Cr | ₹3,110.95 Cr | ₹2,699.46 Cr |
| Equity Share Capital | ₹24.78 Cr | ₹24.25 Cr | ₹24.24 Cr | ₹24.2 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹50.01 Cr | ₹148.64 Cr |
| Borrowings (Current) | ₹733.68 Cr | ₹808.19 Cr | ₹1,004.24 Cr | ₹762.18 Cr |
| Total Debt (computed) | ₹733.68 Cr | ₹808.19 Cr | ₹1,054.25 Cr | ₹910.82 Cr |
| Current Liabilities | ₹1,452.95 Cr | ₹1,600.44 Cr | ₹1,768.55 Cr | ₹1,593.77 Cr |
| Total Liabilities | ₹1,582.16 Cr | ₹1,748.86 Cr | ₹1,894.68 Cr | ₹1,803.81 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹643.32 Cr | ₹822.71 Cr | ₹316.93 Cr | ₹663.68 Cr | ₹280.29 Cr |
| Investing Cash Flow | -₹1,033.18 Cr | -₹552.43 Cr | -₹302.98 Cr | -₹96.45 Cr | -₹318.45 Cr |
| Financing Cash Flow | ₹444.33 Cr | -₹339.83 Cr | ₹26.14 Cr | -₹519.47 Cr | ₹151.43 Cr |
| Capital Expenditure | ₹252.06 Cr | ₹210.9 Cr | ₹120.48 Cr | ₹211.79 Cr | ₹324.56 Cr |
| Free Cash Flow (computed) | ₹391.26 Cr | ₹611.81 Cr | ₹196.45 Cr | ₹451.89 Cr | -₹44.27 Cr |
| Dividends Paid | ₹36.4 Cr | ₹36.36 Cr | ₹36.31 Cr | ₹18.62 Cr | ₹37.17 Cr |
| Net Change in Cash | ₹57.75 Cr | -₹70.74 Cr | ₹41.33 Cr | ₹47.5 Cr | ₹114.21 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹876.82 Cr | ₹895.32 Cr | ₹891.61 Cr | ₹810.21 Cr | ₹768.03 Cr | ₹842.2 Cr | ₹567.99 Cr | ₹851.95 Cr | ₹940.19 Cr | ₹984.49 Cr | ₹1,009.42 Cr | ₹821 Cr |
| Other Income | ₹16.69 Cr | ₹12.08 Cr | ₹7.89 Cr | ₹13.15 Cr | ₹30.49 Cr | ₹5.61 Cr | ₹2.78 Cr | ₹1.81 Cr | ₹3.43 Cr | ₹66.6 Lakh | ₹1.25 Cr | ₹43.6 Lakh |
| Total Income | ₹893.51 Cr | ₹907.4 Cr | ₹899.5 Cr | ₹823.36 Cr | ₹798.51 Cr | ₹847.8 Cr | ₹570.77 Cr | ₹853.76 Cr | ₹943.62 Cr | ₹985.15 Cr | ₹1,010.67 Cr | ₹821.44 Cr |
| Cost of Materials Consumed | ₹395.99 Cr | ₹387.8 Cr | ₹351.11 Cr | ₹370.37 Cr | ₹342.31 Cr | ₹348.59 Cr | ₹280.67 Cr | ₹402.33 Cr | ₹471.25 Cr | ₹471.67 Cr | ₹449.33 Cr | ₹534.87 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹4.37 Cr | ₹4.12 Cr | ₹21.73 Cr | -₹13.8 Cr | ₹1.32 Cr | ₹30.66 Cr | -₹48.24 Cr | -₹13.55 Cr | -₹22.27 Cr | ₹82.7 Lakh | ₹97.18 Cr | -₹95.94 Cr |
| Employee Benefit Expense | ₹107.41 Cr | ₹105.49 Cr | ₹104.35 Cr | ₹105.88 Cr | ₹96.52 Cr | ₹96.32 Cr | ₹90.33 Cr | ₹99.17 Cr | ₹96.04 Cr | ₹99.87 Cr | ₹93.49 Cr | ₹91.21 Cr |
| Finance Costs | ₹15.71 Cr | ₹15.4 Cr | ₹16.65 Cr | ₹13.67 Cr | ₹13.49 Cr | ₹17.21 Cr | ₹14.56 Cr | ₹17.52 Cr | ₹19.79 Cr | ₹19.78 Cr | ₹17.65 Cr | ₹14.79 Cr |
| Depreciation & Amortisation | ₹43.64 Cr | ₹40.59 Cr | ₹40.74 Cr | ₹39.51 Cr | ₹37.97 Cr | ₹37.66 Cr | ₹34.75 Cr | ₹35.85 Cr | ₹36.41 Cr | ₹36.16 Cr | ₹36.01 Cr | ₹35.27 Cr |
| Other Expenses | ₹203.04 Cr | ₹203.61 Cr | ₹203.02 Cr | ₹204.13 Cr | ₹210.96 Cr | ₹198.75 Cr | ₹142.62 Cr | ₹186.58 Cr | ₹205.89 Cr | ₹165.23 Cr | ₹161 Cr | ₹134.09 Cr |
| Total Expenses | ₹761.42 Cr | ₹757.02 Cr | ₹737.59 Cr | ₹719.75 Cr | ₹702.57 Cr | ₹729.2 Cr | ₹514.7 Cr | ₹727.9 Cr | ₹807.11 Cr | ₹793.54 Cr | ₹854.65 Cr | ₹714.28 Cr |
| Profit Before Exceptional Items & Tax | ₹132.08 Cr | ₹150.38 Cr | ₹161.91 Cr | ₹103.61 Cr | ₹95.94 Cr | ₹118.6 Cr | ₹56.07 Cr | ₹125.86 Cr | ₹136.51 Cr | ₹191.61 Cr | ₹156.01 Cr | ₹107.16 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹12.16 Cr | ₹30.75 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹132.08 Cr | ₹150.38 Cr | ₹161.91 Cr | ₹91.45 Cr | ₹126.69 Cr | ₹118.6 Cr | ₹56.07 Cr | ₹125.86 Cr | ₹136.51 Cr | ₹191.61 Cr | ₹156.01 Cr | ₹107.16 Cr |
| Total Tax Expense | ₹33.1 Cr | ₹38.8 Cr | ₹41.29 Cr | ₹21.96 Cr | ₹32.64 Cr | ₹28.49 Cr | ₹14.68 Cr | ₹32.08 Cr | ₹39.3 Cr | ₹48.91 Cr | ₹39.86 Cr | ₹27.32 Cr |
| Net Profit | ₹98.99 Cr | ₹111.58 Cr | ₹120.61 Cr | ₹69.49 Cr | ₹94.05 Cr | ₹90.11 Cr | ₹41.39 Cr | ₹93.78 Cr | ₹97.22 Cr | ₹142.71 Cr | ₹116.16 Cr | ₹79.84 Cr |
| Other Comprehensive Income | -₹23.5 Cr | -₹2.1 Cr | -₹9.21 Cr | -₹83 Lakh | ₹13.58 Cr | -₹10.95 Cr | -₹79.2 Lakh | ₹2.25 Cr | ₹7.67 Cr | -₹5.53 Cr | ₹5.82 Cr | ₹46.3 Lakh |
| Total Comprehensive Income | ₹75.49 Cr | ₹109.48 Cr | ₹111.4 Cr | ₹68.66 Cr | ₹107.63 Cr | ₹79.16 Cr | ₹40.6 Cr | ₹96.03 Cr | ₹104.89 Cr | ₹137.18 Cr | ₹121.98 Cr | ₹80.3 Cr |
| EBITDA (computed) | ₹191.43 Cr | ₹206.36 Cr | ₹219.3 Cr | ₹156.79 Cr | ₹147.4 Cr | ₹173.48 Cr | ₹105.38 Cr | ₹179.22 Cr | ₹192.71 Cr | ₹247.55 Cr | ₹209.67 Cr | ₹157.21 Cr |
| Basic EPS | ₹4.04 | ₹4.60 | ₹4.97 | ₹2.86 | ₹3.88 | ₹3.72 | ₹1.71 | ₹3.87 | ₹4.01 | ₹5.89 | ₹4.80 | ₹3.30 |
| Diluted EPS | ₹4.04 | ₹4.60 | ₹4.97 | ₹2.86 | ₹3.88 | ₹3.72 | ₹1.71 | ₹3.87 | ₹4.01 | ₹5.88 | ₹4.80 | ₹3.29 |
Shareholding Pattern of Granules India Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 38.02%, foreign institutional investors hold 17.50%, domestic institutional investors hold 16.11%, retail and other public shareholders hold 28.38% of Granules India Limited. The company had 169,422 shareholders on record.
| Jun 2026 | Mar 2026 | Feb 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 38.02% | 38.02% | 38.02% | 38.82% | 38.82% | 38.82% |
| Public | 61.98% | 61.98% | 61.98% | 61.18% | 61.18% | 61.18% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 38.02% | 38.84% | 41.96% | 42.02% | 41.98% | 42.04% | 42.86% | 42.90% | 44.94% | 53.45% | 51.15% |
| Public | 61.98% | 61.16% | 58.04% | 57.98% | 58.02% | 57.96% | 57.14% | 57.10% | 55.06% | 46.55% | 48.85% |
| Promoter change (YoY, %pts) | -0.82 | -3.12 | -0.06 | +0.04 | -0.06 | -0.82 | -0.04 | -2.04 | -8.51 | +2.30 | - |
Board & Governance of Granules India Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Granules India Limited has 11 directors - 6 independent and 4 executive. The board is chaired by Krishna Prasad Chigurupati.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Krishna Prasad Chigurupati | Executive Director · MD · Chairperson | 1994-08-31 | 1 |
| Uma Devi Chigurupati | Executive Director | 2012-05-31 | 1 |
| Harsha Chigurupati | Executive Director | 2010-07-26 | 1 |
| Priyanka Chigurupati | Executive Director | 2024-01-23 | 1 |
| K. B. Sankar Rao | Non-Executive - Non Independent Director | 2013-02-19 | 1 |
| Arun Sawhney | Non-Executive - Independent Director | 2018-10-29 | 1 |
| Saumen Chakraborty | Non-Executive - Independent Director | 2021-12-13 | 2 |
| Sucharita Rao Palepu | Non-Executive - Independent Director | 2021-12-22 | 1 |
| Kapil Kumar Mehan | Non-Executive - Independent Director | 2023-05-16 | 2 |
| Sethurathnam Ravi | Non-Executive - Independent Director | 2024-01-23 | 6 |
| Rajiv Pritidas Kakodkar | Non-Executive - Independent Director | 2024-02-20 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Saumen Chakraborty (Chairperson), Arun Sawhney, Sethurathnam Ravi, Krishna Prasad Chigurupati |
| Nomination and remuneration committee | Arun Sawhney (Chairperson), Saumen Chakraborty, Kapil Kumar Mehan |
| Stakeholders Relationship Committee | Kapil Kumar Mehan (Chairperson), Krishna Prasad Chigurupati, Uma Devi Chigurupati |
| Risk Management Committee | Kapil Kumar Mehan (Chairperson), K. B. Sankar Rao, Sethurathnam Ravi, Krishna Prasad Chigurupati |
| Corporate Social Responsibility Committee | Uma Devi Chigurupati (Chairperson), Krishna Prasad Chigurupati, Sucharita Rao Palepu, Rajiv Pritidas Kakodkar |
Group Structure of Granules India Limited
Granules India Limited has 3 subsidiary companies. This group structure data is as of FY 2025. The corporate group structure reflects Granules India Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ascelis Peptides Private Limited | U21001TS2025PTC195163 | - |
| Granules Czro Private Limited | U24110TG2023PTC170481 | - |
| S,Inc. Granules Life Sciences Private Limited | U24290TG2020PTC146042 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Granules India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2019 | Others | ₹905 Cr | Open |
| 20 Feb 2024 | Sbicap Trustee Company Limited | ₹400 Cr | Satisfied |
| 10 Oct 2017 | Others | ₹315 Cr | Satisfied |
| 10 Oct 2017 | Others | ₹140 Cr | Satisfied |
| 30 Dec 2014 | Andhra Bank | ₹20 Cr | Satisfied |
Total charge records: 73 View all charges
Employees and EPFO Compliance at Granules India Limited
Granules India Limited has a workforce of 3,632 employees as of Oct 10, 2025.
Employee and EPFO history for Granules India Limited
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GST Compliance of Granules India Limited
GST registrations and filing compliance for Granules India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Granules India Limited
Credit ratings, litigation, and regulatory alerts for Granules India Limited
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MSME Payment Delays by Granules India Limited
MSME payment history for Granules India Limited
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Subsidiaries & Group Companies of Granules India Limited
Corporate group structure for Granules India Limited
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MCA Filings & Documents of Granules India Limited
MCA filings and documents for Granules India Limited
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Recent Activity on Granules India Limited
Recent News on Granules India Limited
Frequently Asked Questions about Granules India Limited
Granules India Limited is an active public limited company in the pharma sector based in Serilingampally, Telangana, India. It was incorporated on 18 March 1991 (35+ years old) and is registered under CIN L24110TG1991PLC012471. Listed on BSE: 532482 and NSE: GRANULES. The company has 3,632 employees.
Granules India Limited reported revenue of ₹5,365.64 Cr for FY 2026 (up 19.73% YoY) based on consolidated NSE filings.
The current directors of Granules India Limited are:
- Arun Sawhney - Director
- Harsha Chigurupati - Whole-Time Director
- Umadevi Chigurupati - Whole-Time Director
- Basava Sankar Rao Kolli - Director
- Krishna Prasad Chigurupati - Managing Director
- Palepu Sucharita Rao - Director
- Saumen Chakraborty - Director
- Sethurathnam Ravi - Director
- Priyanka Chigurupati - Whole-Time Director
- Rajiv Pritidas Kakodkar - Director
- Kapil Mehan - Director
The primary industry of Granules India Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Yes. Granules India Limited is listed on both BSE (code: 532482) and NSE (symbol: GRANULES).
Granules India Limited can be reached at the registered office: 15Th Floor Granules Tower, Botanical Garden Road, Serilingampally, Telangana, India – 500084, or through the website granulesindia.com.