profit from every ₹100 of sales.
₹0₹100
Granules India
₹813.20-3.25% today
+41.7% in 1 year
1-year low ₹537.551-year high ₹909.30
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹37.28 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Granules India sold, what it kept, and what it did with the cash.
Sales went from ₹45.0 billion in 2023 to ₹53.4 billion in 2026, with ₹5.95 billion of profit last year.
SalesProfit
Granules India handed back 15% of the cash it generated last year.
₹364M
Free cash flow 2026₹2.4B
Bought back its own shares–
Paid as dividends₹364M
Cash vs. debt₹8.8B vs. ₹15.1B
Granules India vs. similar companies
Granules India grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Granules India | 37.3× · Expensive | ||
 Merck KGaA | 24.9× · Fair price | ||
 Takeda Pharmaceutical | 102.5× · Very expensive | ||
 Galderma Group | 86.9× · Very expensive | ||
 Teva Pharmaceutical Industries | 36.8× · Expensive |
AI analysis
An AI analyst reads Granules India's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 44,963 | 44,902 | 44,560 | 53,389 | |
| 21,130 | 23,644 | 27,303 | 34,632 | |
| 7,377 | 6,603 | 7,197 | 8,890 | |
| 9,071 | 8,263 | 9,889 | 11,955 | |
| 5,166 | 4,053 | 5,015 | 5,950 | |
| 21.00 | 16.72 | 20.68 | 24.46 | |
| 47.0% | 52.7% | 61.3% | 64.9% | |
| 16.4% | 14.7% | 16.2% | 16.7% | |
| 11.5% | 9.0% | 11.3% | 11.1% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 49,046 | 55,210 | 62,526 | 77,200 |
| Cash | 2,916 | 3,811 | 4,661 | 8,802 |
| Total debt | 11,362 | 13,151 | 14,548 | 15,120 |
| Total liabilities | 20,697 | 22,954 | 25,370 | 26,350 |
| 28,349 | 32,255 | 37,156 | 50,850 | |
| 246 | 242 | 243 | 243 | |
| 13.6% | 10.2% | 11.1% | 10.2% | |
| 18.2% | 12.6% | 13.5% | 11.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 7,387 | 4,394 | 8,666 | 7,933 | |
| 4,107 | 3,806 | 5,717 | 5,582 | |
| 3,281 | 588 | 2,949 | 2,350 | |
| Dividends paid | 186 | 363 | 364 | 364 |
| 3,107 | 0 | – | – | |
| 13 | 3 | -57 | 0 |
Valuation
- 37.3×
- –
- 7.15
- 3.7×
- 4.2×
- 94.4×
- 19.1×
- 1.1%
- 2.7%
- 0.2%
Profitability
- 64.9%
- 16.7%
- 11.1%
- –
- 10.2%
- 11.3%
- –
- –
- –
- –
Growth
- +5.9%
- +5.2%
- –
- –
- −0.3%
Financial health
- 0.5×
- 0.30
- –
- 7.9×
- 1.80
- –
- –
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 29%of 952
Top 30%of 883
Bottom 33%of 601
Bottom 34%of 888
Bottom 48%of 987
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
6.1% of its profit
Room to growStretchedMore than it earns: 15.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
44No pass
Benjamin Graham
40No pass
Philip Fisher
47No pass
Peter Lynch
24No pass
Joel Greenblatt
16No pass
Charlie Munger
43No pass
Terry Smith
31No pass
Questions about Granules India
Is Granules India a good stock to buy?
A solid business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Granules India AI analysis
What does Granules India do?
Granules India Limited manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India and internationally. It is in Drug Manufacturers - Specialty & Generic, based in Hyderabad, India.
Does Granules India pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 6% of its yearly profit. In 2026 it paid out ₹364 million in dividends.
Is Granules India stock halal?
Yes. Granules India passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has Granules India stock done over the past year?
Up 41.7% over the past twelve months, to ₹813.20. It traded between ₹537.55 and ₹909.30 and is 10.6% below its high.
Who are Granules India's competitors?
The largest listed companies in the same industry are Merck KGaA, Takeda Pharmaceutical, Galderma Group and Teva Pharmaceutical Industries. The peers table on this page compares their profit, growth and price with Granules India's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.