Granules India Limited manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India, North America, Europe, Latin America, and internationally. More Details
Outstanding track record with flawless balance sheet and pays a dividend.
Share Price & News
How has Granules India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532482 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 532482's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 532482 underperformed the Indian Pharmaceuticals industry which returned 43.2% over the past year.
Return vs Market: 532482 underperformed the Indian Market which returned 53.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Granules India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Granules India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532482 (₹379.5) is trading above our estimate of fair value (₹225.3)
Significantly Below Fair Value: 532482 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532482 is good value based on its PE Ratio (17.2x) compared to the Indian Pharmaceuticals industry average (25.6x).
PE vs Market: 532482 is good value based on its PE Ratio (17.2x) compared to the Indian market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: 532482 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 532482 is overvalued based on its PB Ratio (4.3x) compared to the IN Pharmaceuticals industry average (3.4x).
How is Granules India forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532482's forecast earnings growth (12.4% per year) is above the savings rate (6.8%).
Earnings vs Market: 532482's earnings (12.4% per year) are forecast to grow slower than the Indian market (21.1% per year).
High Growth Earnings: 532482's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532482's revenue (16.4% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: 532482's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532482's Return on Equity is forecast to be high in 3 years time (23.7%)
How has Granules India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532482 has high quality earnings.
Growing Profit Margin: 532482's current net profit margins (17%) are higher than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: 532482's earnings have grown significantly by 30.8% per year over the past 5 years.
Accelerating Growth: 532482's earnings growth over the past year (63.8%) exceeds its 5-year average (30.8% per year).
Earnings vs Industry: 532482 earnings growth over the past year (63.8%) exceeded the Pharmaceuticals industry 56.6%.
Return on Equity
High ROE: 532482's Return on Equity (25.3%) is considered high.
How is Granules India's financial position?
Financial Position Analysis
Short Term Liabilities: 532482's short term assets (₹20.0B) exceed its short term liabilities (₹11.7B).
Long Term Liabilities: 532482's short term assets (₹20.0B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 532482's debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 532482's debt to equity ratio has reduced from 96.6% to 38.6% over the past 5 years.
Debt Coverage: 532482's debt is well covered by operating cash flow (51.6%).
Interest Coverage: 532482's interest payments on its debt are well covered by EBIT (98.5x coverage).
What is Granules India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 532482's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: 532482's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).
Stability and Growth of Payments
Stable Dividend: 532482's dividends per share have been stable in the past 10 years.
Growing Dividend: 532482's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.8%), 532482's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532482's dividends in 3 years are forecast to be thoroughly covered by earnings (4.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Krishna Chigurupati (67 yo)
Mr. Krishna Prasad Chigurupati, B.Sc. has been Managing Director of Granules India Limited since September 1, 2009. He serves as Chairman of Granules India Limited and has been its Non-Independent Executiv...
CEO Compensation Analysis
Compensation vs Market: Krishna's total compensation ($USD5.63M) is above average for companies of similar size in the Indian market ($USD455.95K).
Compensation vs Earnings: Krishna's compensation has increased by more than 20% in the past year.
Experienced Management: 532482's management team is seasoned and experienced (7 years average tenure).
Experienced Board: 532482's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 532482 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Granules India Limited's company bio, employee growth, exchange listings and data sources
- Name: Granules India Limited
- Ticker: 532482
- Exchange: BSE
- Founded: 1984
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: ₹93.993b
- Shares outstanding: 247.67m
- Website: https://www.granulesindia.com
Number of Employees
- Granules India Limited
- My Home Hub
- 2nd Floor
Granules India Limited manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India, North America, Europe, Latin America, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 12:26|
|End of Day Share Price||2021/07/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.