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Earnings Call

Granules India Earnings Call: Key Takeaways

Granules India delivered record performance in FY26, crossing INR 5,000 Cr revenue with 65% gross margins. Management focused on complex generics and the successful integration of Senn Chemicals' peptide business.

Why this was an Alfa AlertNot a filter event. Results were described as 'in line' or 'stable' without exceeding prior guided upper ends by >5%.
Highlights
Revenue growth20% YoY for FY26; 23% YoY for Q4.
MarginsGross margin expanded 355bps to 65% due to product mix shift.
Order bookNot disclosed for Senn; demand-linked capex approach.
Demand visibilityStrong traction in Europe (81% growth) and North America formulations.
Management confidenceHigh on peptide CDMO and U.S. generic market positioning.

Growth

FY26 Revenue grew 20% to INR 5,366 Cr; PAT reached INR 595 Cr, up 19% YoY.

Outlook

Guided for INR 600 Cr capex in FY27; focus on U.S. product launches and scaling peptide CDMO.

Risks

Regulatory remediation at Gagillapur continues; external cost pressures and freight volatility remain uncertain.

Source

Earnings Call filed with NSE, NSE: GRANULES. Summary written with AI assistance from the document.

Read the document ↗

Granules India Ltd: key numbers

Share price
₹868.65
Market cap
₹21,525 Cr
Revenue (annual)
₹5,366 Cr
Net profit (annual)
₹595.0 Cr
P/E (TTM)
32.5×Sector 50.4×
Promoter holding
37.39%-0.63% QoQ
FII holding
20.29%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Granules India Ltd

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17:51 IST BSE
Promoter Buying

Granules India Promoter Buying

Promoter Uma Devi Chigurupati acquired 2.48 crore shares of Granules India Ltd via the open market. This transaction increases the promoter stake by 8.70%.

Promoter stake change
+8.70%
14:29 IST BSE
Other Announcement

Granules India Other Announcement

The company submitted its quarterly shareholding pattern disclosure as required by SEBI regulations for the period ended September 16, 2026.

17:39 IST BSE
Capital Structure Change

Granules India Capital Structure Change

Granules India allotted 2.49 crore equity shares to its promoter group upon warrant conversion, raising Rs. 1,461.50 Crore. This increases the company's total paid-up equity capital.

Value
₹1,462 Cr
19:42 IST BSE
Capital Structure Change

Granules India Capital Structure Change

Granules India received Rs. 1,093 crore from the Promoter group, representing the balance 75% subscription for the conversion of 2.49 crore warrants into equity shares.

Value
₹1,093 Cr
18:35 IST BSE
Promoter Selling

Granules India Promoter Selling

Promoter Dr. Krishna Prasad Chigurupati sold 1.72 crore equity shares of Granules India Ltd via block deal and open market, reducing aggregate promoter stake.

Promoter stake change
-6.94%