Announcement under Regulation 30 (LODR)-Change in Management
Change in Senior Management Personnel (SMP) of the Company
Granules India Ltd is a leading vertically integrated pharmaceutical company specializing in the manufacturing of active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs), and finished dosage forms (FDFs). The company has a diversified product portfolio with a presence across the value chain serving global pharmaceutical clients. With a core focus on high-volume, low-cost drugs, Granules India operates advanced manufacturing facilities in India and maintains significant infrastructure for quality compliance and supply chain management.
Announcement under Regulation 30 (LODR)-Change in Management
Change in Senior Management Personnel (SMP) of the Company
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Scrutinizer''s report for the 35th AGM
Shareholder Meeting / Postal Ballot-Outcome of AGM
Outcome of 35th Annual General Meeting of the Company
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
Granules India Ltd
About
Granules India Ltd is a leading vertically integrated pharmaceutical company specializing in the manufacturing of active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs), and finished dosage forms (FDFs). The company has a diversified product portfolio with a presence across the value chain serving global pharmaceutical clients. With a core focus on high-volume, low-cost drugs, Granules India operates advanced manufacturing facilities in India and maintains significant infrastructure for quality compliance and supply chain management.
Granules India’s operations span regulated markets such as North America, Europe, and emerging markets, exporting to over 60 countries. The company has established long-standing relationships with major generic and branded pharmaceutical players, leveraging strategic backward integration and process efficiencies to ensure consistent supply and cost leadership.
Business Model & Strategy
Granules India earns revenue primarily through manufacturing and exporting APIs, PFIs, and FDFs to both regulated and semi-regulated markets. Its business model is supported by an end-to-end integration—from synthesis of bulk drugs to finished dosages—ensuring scalability, quality control, and operational efficiency. The company's strategy emphasizes expansion into value-added products, increased R&D investments for complex generics, and enhancing the share of finished formulations in high-growth markets.
Growth vectors include capacity expansion in oncology and high potent APIs, broadening partnerships with global pharmaceutical companies, and leveraging its global distribution footprint.
Management Overview
13 MembersMr.Krishna Prasad Chigurupati
Executive Director-Chairperson-MDMr.Kandiraju Venkata Sitaramrao
Executive Director-CEO-MDMrs.Uma Devi Chigurupati
Executive DirectorMr.Harsha Chigurupati
Executive DirectorMrs.Priyanka Chigurupati
Executive DirectorMr.K. B. Sankar Rao
Non-Executive - Non Independent DirectorMr.Arun Sawhney
Non-Executive - Independent DirectorMr.Saumen Chakraborty
Non-Executive - Independent DirectorMrs.Sucharita Rao Palepu
Non-Executive - Independent DirectorMr.Kapil Kumar Mehan
Non-Executive - Independent DirectorMr.Sethurathnam Ravi
Non-Executive - Independent DirectorMr.Rajiv Pritidas Kakodkar
Non-Executive - Independent DirectorMs.ChaitanyaTummala
Company Secretary & Compliance OfficerAwards & Recognition
4 Awards- 2024: Ranked among Forbes Asia’s 200 Best Under a Billion companies
- 2023–2024: Recognized in the 'India’s Top 100 Best Workplaces in Pharmaceuticals, Healthcare, and Biotech' by Great Place to Work Institute
- 2023: Received Platinum Award for Excellence in Quality at the Indian CMO Leadership Awards
- ESG: Included in S&P Global's 2024 Sustainability Yearbook, Pharmaceutical Category
Market Information
Company Timeline
40+ Years of Excellence | 8 Major Milestones
Founded as Granules India Limited in Hyderabad, India
Commissioned first large-scale PFI manufacturing facility
Initial Public Offering (IPO) listed on BSE and NSE
Commenced US FDA-approved API manufacturing
Acquired Auctus Pharma to expand API portfolio
Launched first oncology API manufacturing facility
Expanded US formulation manufacturing capacity
Strengthened global presence with new R&D and innovation center
The Next Evolution
Contact Information
Registered Office
15th Floor, Granules Tower, Botanical Garden Road, Kondapur
Tel: 040-69043500,
Fax: 040-23115145,
Email: investorrelations@granulesindia.com; mail@granulesindia.com
Website: granulesindia.com
Corporate Actions
36| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹1.75 per share | 30 Jul 2026 Thursday | 30 Jul 2026 Thursday | - | - |
Final Dividend ₹1.50 per share | 31 Jul 2025 Thursday | 31 Jul 2025 Thursday | - | - |
Final Dividend ₹1.50 per share | 30 Jul 2024 Tuesday | - | 31 Jul 2024 Wednesday | 06 Aug 2024 Tuesday |
Final Dividend ₹1.50 per share | 03 Aug 2023 Thursday | 03 Aug 2023 Thursday | - | - |
Buy Back of Shares | 22 Aug 2022 Monday | 23 Aug 2022 Tuesday | - | - |
Final Dividend ₹0.75 per share | 19 Jul 2022 Tuesday | - | 21 Jul 2022 Thursday | 27 Jul 2022 Wednesday |
Interim Dividend ₹0.25 per share | 17 Feb 2022 Thursday | 18 Feb 2022 Friday | - | - |
Interim Dividend ₹0.25 per share | 24 Nov 2021 Wednesday | 25 Nov 2021 Thursday | - | - |
Interim Dividend ₹0.25 per share | 05 Aug 2021 Thursday | 06 Aug 2021 Friday | - | - |
Final Dividend ₹0.75 per share | 28 Jul 2021 Wednesday | - | 30 Jul 2021 Friday | 05 Aug 2021 Thursday |
Interim Dividend ₹0.25 per share | 08 Feb 2021 Monday | 09 Feb 2021 Tuesday | - | - |
Interim Dividend ₹0.25 per share | 28 Oct 2020 Wednesday | 30 Oct 2020 Friday | - | - |
Final Dividend ₹0.25 per share | 05 Aug 2020 Wednesday | - | 07 Aug 2020 Friday | 13 Aug 2020 Thursday |
Interim Dividend ₹0.25 per share | 28 Jul 2020 Tuesday | 29 Jul 2020 Wednesday | - | - |
Buy Back of Shares | 19 Mar 2020 Thursday | 20 Mar 2020 Friday | - | - |
Interim Dividend ₹0.25 per share | 30 Jan 2020 Thursday | 31 Jan 2020 Friday | - | - |
Interim Dividend ₹0.25 per share | 31 Oct 2019 Thursday | 02 Nov 2019 Saturday | - | - |
Final Dividend ₹0.25 per share | 21 Aug 2019 Wednesday | - | 23 Aug 2019 Friday | 29 Aug 2019 Thursday |
Interim Dividend ₹0.25 per share | 08 Aug 2019 Thursday | 09 Aug 2019 Friday | - | - |
Interim Dividend ₹0.25 per share | 07 Feb 2019 Thursday | 08 Feb 2019 Friday | - | - |
Interim Dividend ₹0.25 per share | 06 Nov 2018 Tuesday | 10 Nov 2018 Saturday | - | - |
Final Dividend ₹0.25 per share | 29 Aug 2018 Wednesday | - | 31 Aug 2018 Friday | 06 Sep 2018 Thursday |
Interim Dividend ₹0.25 per share | 01 Aug 2018 Wednesday | 02 Aug 2018 Thursday | - | - |
Interim Dividend ₹0.25 per share | 20 Feb 2018 Tuesday | 21 Feb 2018 Wednesday | - | - |
Interim Dividend ₹0.25 per share | 20 Nov 2017 Monday | 21 Nov 2017 Tuesday | - | - |
Final Dividend ₹0.25 per share | 20 Sep 2017 Wednesday | - | 22 Sep 2017 Friday | 28 Sep 2017 Thursday |
Interim Dividend ₹0.25 per share | 23 Aug 2017 Wednesday | 25 Aug 2017 Friday | - | - |
Interim Dividend ₹0.25 per share | 07 Feb 2017 Tuesday | 08 Feb 2017 Wednesday | - | - |
Interim Dividend ₹0.20 per share | 03 Nov 2016 Thursday | 05 Nov 2016 Saturday | - | - |
Interim Dividend ₹0.20 per share | 23 Aug 2016 Tuesday | 24 Aug 2016 Wednesday | - | - |
Final Dividend ₹0.20 per share | 03 Aug 2016 Wednesday | - | 05 Aug 2016 Friday | 11 Aug 2016 Thursday |
Interim Dividend ₹0.15 per share | 08 Feb 2016 Monday | 09 Feb 2016 Tuesday | - | - |
Interim Dividend ₹0.15 per share | 09 Nov 2015 Monday | 11 Nov 2015 Wednesday | - | - |
Final Dividend ₹0.50 per share | 05 Aug 2015 Wednesday | - | 07 Aug 2015 Friday | 13 Aug 2015 Thursday |
Interim Dividend ₹0.15 per share | 05 Aug 2015 Wednesday | - | 07 Aug 2015 Friday | 13 Aug 2015 Thursday |
Stock Split From Rs.10/- to Rs.1/- | 23 Mar 2015 Monday | 24 Mar 2015 Tuesday | - | - |
₹20,765 Cr.
₹838
₹910 / 468
30.97
₹205.21
4.08
₹27.06
₹1.00
0.21 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 2,306 | 2,635 | 3,264 | 3,783 | 4,526 | 4,511 | 4,495 | 5,386 | 5,639 |
| Expenses | - | - | - | 2,029 | 2,237 | 2,560 | 3,225 | 3,839 | 3,964 | 3,865 | 4,591 | 4,774 |
| Profit | - | - | - | 236 | 335 | 549 | 413 | 517 | 405 | 502 | 595 | 662 |
| Tax | - | - | - | 89 | 116 | 155 | 145 | 171 | 142 | 159 | 190 | 219 |
| EPS | - | - | - | 9 | 13 | 22 | 17 | 21 | 17 | 21 | 24 | 7.26 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 2,983 | 3,301 | 3,713 | 4,513 | 4,905 | 5,521 | 6,253 | 7,720 | - |
| Equity And Liabilities | - | - | - | 2,983 | 3,301 | 3,713 | 4,513 | 4,905 | 5,521 | 6,253 | 7,720 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 05 Apr '19 | Mar 2020 10 Apr '20 | Mar 2021 07 Apr '21 | Mar 2022 05 Apr '22 | Mar 2023 07 Apr '23 | Mar 2024 15 Apr '24 | Mar 2025 07 Apr '25 | Mar 2026 06 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 42.90% | 42.86% | 42.04% | 41.98% | 42.02% | 41.96% | 38.84% | 38.02% | - |
| Non Institutions | - | - | - | 41.32% | 32.43% | 33.36% | 30.85% | 29.05% | 27.76% | 23.57% | 29.66% | - |
| FII | - | - | - | - | - | - | - | 23.90% | 19.57% | 15.15% | 15.31% | - |
| DII | - | - | - | - | - | - | - | 5.03% | 10.70% | 22.45% | 17.01% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Granules India Ltd
Granules India Ltd
Granules India Ltd is a leading vertically integrated pharmaceutical company specializing in the manufacturing of active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs), and finished dosage forms (FDFs). The company has a diversified product portfolio with a presence across the value chain serving global pharmaceutical clients. With a core focus on high-volume, low-cost drugs, Granules India operates advanced manufacturing facilities in India and maintains significant infrastructure for quality compliance and supply chain management.
Granules India’s operations span regulated markets such as North America, Europe, and emerging markets, exporting to over 60 countries. The company has established long-standing relationships with major generic and branded pharmaceutical players, leveraging strategic backward integration and process efficiencies to ensure consistent supply and cost leadership.
Granules India earns revenue primarily through manufacturing and exporting APIs, PFIs, and FDFs to both regulated and semi-regulated markets. Its business model is supported by an end-to-end integration—from synthesis of bulk drugs to finished dosages—ensuring scalability, quality control, and operational efficiency. The company's strategy emphasizes expansion into value-added products, increased R&D investments for complex generics, and enhancing the share of finished formulations in high-growth markets.
Growth vectors include capacity expansion in oncology and high potent APIs, broadening partnerships with global pharmaceutical companies, and leveraging its global distribution footprint.
2024: Ranked among Forbes Asia’s 200 Best Under a Billion companies
2023–2024: Recognized in the 'India’s Top 100 Best Workplaces in Pharmaceuticals, Healthcare, and Biotech' by Great Place to Work Institute
2023: Received Platinum Award for Excellence in Quality at the Indian CMO Leadership Awards
ESG: Included in S&P Global's 2024 Sustainability Yearbook, Pharmaceutical Category
Founded as Granules India Limited in Hyderabad, India
Commissioned first large-scale PFI manufacturing facility
Initial Public Offering (IPO) listed on BSE and NSE
Commenced US FDA-approved API manufacturing
Acquired Auctus Pharma to expand API portfolio
Launched first oncology API manufacturing facility
Expanded US formulation manufacturing capacity
Strengthened global presence with new R&D and innovation center
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon
Heatmap View
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Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
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