Granules India Key Ratios
NSE: GRANULES | BSE: 532482
₹828.50
As on 31-Aug-2026IST
Market cap
₹20,519 Cr
Revenue (TTM)
₹5,632 Cr
P/E Ratio
31
P/B Ratio
4.2
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.42 | 22.04 | 24.83 | 7.95 | 10.94 |
| EBIT | -4.11 | 45.76 | 40.39 | 14.36 | 6.31 |
| Net Profit | -4.95 | 35.48 | 36.57 | 14.16 | 3.10 |
| EPS | -10.72 | 56.45 | 36.40 | 14.64 | 3.65 |
| Book Value | -- | -- | 24.78 | 17.84 | 17.01 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 15.81 | 15.63 | 17.23 | 16.57 | 16.06 |
| Net Margin
| 11.12 | 10.70 | 11.75 | 11.05 | 11.16 |
| Return on equity
| 11.91 | 15.75 | 14.34 | 14.13 | 14.52 |
| Return on Capital
| 13.85 | 16.91 | -- | 15.74 | 16.16 |
| Return on Assets
| 7.55 | 9.20 | 9.48 | 8.60 | 8.60 |
| Debt to Equity (x)
| -- | -- | 0.06 | 0.28 | 0.35 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
15.74
|
16.16
|
15.66
|
19.63
|
|
Peer Median
|
--
|
15.04
|
14.72
|
18.85
|
--
|
ROE
14.34
Higher than Peers by 3.48
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
14.34
|
14.13
|
14.52
|
13.46
|
19.18
|
|
Peer Median
|
10.86
|
13.19
|
11.67
|
14.92
|
--
|
ROA
9.48
Higher than Peers by 2.74
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
9.48
|
8.60
|
8.60
|
7.80
|
10.97
|
|
Peer Median
|
6.74
|
8.11
|
7.86
|
9.06
|
--
|
EBIT Margin
17.23
Higher than Peers by 4.54
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
17.23
|
16.57
|
16.06
|
14.39
|
16.15
|
|
Peer Median
|
12.69
|
14.78
|
15.03
|
14.71
|
--
|
Net Margin
11.75
Higher than Peers by 2.88
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
11.75
|
11.05
|
11.16
|
8.99
|
11.41
|
|
Peer Median
|
8.86
|
8.54
|
9.33
|
8.49
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
8.89
|
9.76
|
9.35
|
15.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
24.83
Higher than Peers by 16.70
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
24.83
|
19.73
|
-0.55
|
-0.12
|
19.84
|
|
Peer Median
|
8.14
|
14.12
|
10.27
|
11.85
|
--
|
EBIT Growth
40.39
Higher than Peers by 23.15
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
40.39
|
23.52
|
10.96
|
-11.00
|
29.45
|
|
Peer Median
|
17.24
|
21.59
|
24.15
|
28.00
|
--
|
Net Profit Growth
36.57
Higher than Peers by 19.72
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
36.57
|
18.64
|
23.74
|
-21.54
|
25.16
|
|
Peer Median
|
16.85
|
28.31
|
30.29
|
36.51
|
--
|
EPS Growth
36.40
Higher than Peers by 25.80
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
36.40
|
16.13
|
23.65
|
-21.65
|
28.24
|
|
Peer Median
|
10.60
|
14.25
|
24.50
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
27.49
|
15.42
|
13.86
|
9.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.06
Higher than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
0.06
|
0.28
|
0.35
|
0.38
|
0.38
|
|
Peer Median
|
0.04
|
0.21
|
0.23
|
0.20
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
0.20
|
0.25
|
0.33
|
0.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.80
Higher than Peers by 0.08
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
1.80
|
1.80
|
1.56
|
1.40
|
1.42
|
|
Peer Median
|
1.72
|
1.83
|
1.79
|
1.96
|
--
|
Quick Ratio
1.00
Lower than Peers by 0.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
1.00
|
1.00
|
0.88
|
0.77
|
0.79
|
|
Peer Median
|
1.17
|
1.23
|
1.47
|
1.44
|
--
|
Interest Coverage
8.89
Higher than Peers by 1.02
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
8.89
|
7.86
|
7.39
|
6.17
|
13.29
|
|
Peer Median
|
7.86
|
7.92
|
9.42
|
8.58
|
--
|
Operating Efficiency
Debtors to sales
16.15
Lower than Peers by 9.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
16.15
|
16.95
|
21.02
|
21.88
|
21.02
|
|
Peer Median
|
25.79
|
25.29
|
25.82
|
26.12
|
--
|
Asset Turnover
0.81
Higher than Peers by 0.14
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
0.81
|
1.45
|
1.28
|
1.26
|
0.96
|
|
Peer Median
|
0.67
|
0.73
|
0.75
|
0.77
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
33.72
|
47.23
|
53.89
|
75.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
54.92
|
64.75
|
68.26
|
86.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
136.11
|
156.05
|
138.29
|
112.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
--
|
-47.47
|
-44.08
|
-16.14
|
49.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
30.98
Lower than Peers by 10.93
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
30.98
|
25.87
|
23.56
|
25.71
|
13.62
|
|
Peer Median
|
41.91
|
41.91
|
39.70
|
33.48
|
--
|
Price / Book Value
4.19
Lower than Peers by 0.13
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
4.19
|
3.26
|
3.19
|
3.25
|
2.50
|
|
Peer Median
|
4.32
|
4.52
|
3.72
|
4.21
|
--
|
Dividend Yield
0.21
Higher than Peers by 0.11
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
0.21
|
0.28
|
0.31
|
0.35
|
0.52
|
|
Peer Median
|
0.10
|
0.10
|
0.16
|
0.21
|
--
|
EV/EBITDA
16.29
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
16.29
|
13.09
|
13.05
|
13.08
|
8.39
|
|
Peer Median
|
--
|
31.05
|
30.23
|
29.90
|
--
|
Market Cap
20,519
Higher than Peers by 12,861
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Granules India
|
20,519
|
15,392
|
11,814
|
10,421
|
7,037
|
|
Peer Median
|
7,658
|
6,169
|
4,851
|
2,099
|
--
|