Granules India
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Granules India secured sole first-to-file status for its Abbreviated New Drug Application for Sodium Oxybate Extended-Release for Oral Suspension, the generic version of LUMRYZ. The designation was announced in a press release on July 6, 2026, and marks the company's second sole first-to-file ANDA success, following an earlier one for Amphetamine Extended-Release Tablets. LUMRYZ, registered to Alkermes plc, is indicated for cataplexy or excessive daytime sleepiness in narcolepsy patients. The sole first-to-file status could grant Granules 180 days of generic exclusivity, enhancing its competitive position in the U.S. market. Chairman and Managing Director Dr. Krishna Prasad Chigurupati described the milestone as an important step in the company's complex generics journey.
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Granules India secured sole first-to-file status for its Abbreviated New Drug Application for Sodium Oxybate Extended-Release for Oral Suspension, the generic version of LUMRYZ. The designation was announced in a press release on July 6, 2026, and marks the company's second sole first-to-file ANDA success, following an earlier one for Amphetamine Extended-Release Tablets. LUMRYZ, registered to Alkermes plc, is indicated for cataplexy or excessive daytime sleepiness in narcolepsy patients. The sole first-to-file status could grant Granules 180 days of generic exclusivity, enhancing its competitive position in the U.S. market. Chairman and Managing Director Dr. Krishna Prasad Chigurupati described the milestone as an important step in the company's complex generics journey.
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July 6 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - SECURES FIRST-TO-FILE ANDA STATUS FOR GENERIC LUMRYZ
Source text: ID:nBSE464Rbn
Further company coverage: GRAN.NS
(([email protected];))
July 6 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - SECURES FIRST-TO-FILE ANDA STATUS FOR GENERIC LUMRYZ
Source text: ID:nBSE464Rbn
Further company coverage: GRAN.NS
(([email protected];))
June 3 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - RECEIVES US FDA EIR WITH VOLUNTARY ACTION INDICATED FOR CHANTILLY FACILITY
GRANULES - FOUR FORM 483 OBSERVATIONS ISSUED DURING MARCH 30-APRIL 3, 2026 INSPECTION
Source text: ID:nNSE2qnM0s
Further company coverage: GRAN.NS
(([email protected];))
June 3 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - RECEIVES US FDA EIR WITH VOLUNTARY ACTION INDICATED FOR CHANTILLY FACILITY
GRANULES - FOUR FORM 483 OBSERVATIONS ISSUED DURING MARCH 30-APRIL 3, 2026 INSPECTION
Source text: ID:nNSE2qnM0s
Further company coverage: GRAN.NS
(([email protected];))
** Shares of India's Granules GRAN.NS jump 1.30% to 713.70 rupees
** Drugmaker's Q4 profit jumps 32.6% y/y to 2.02 billion rupees ($21.30 million), on strong demand for key products across major markets
** Total revenue from operations rises 21.7% y/y
** Europe's revenue share rose to 17% in Q4 FY26 from 8% in Q4 FY25
** Emkay said regulatory clearance of the Gagillapur facility in FY27 could boost formulation sales; introduces FY29 estimates and expects ~26% PAT CAGR over FY26–FY29
** GRAN rated "buy" on average by seven analysts, median PT: 685 rupees - data compiled by LSEG
** YTD, stock up ~18.6%
($1 = 94.8400 Indian rupees)
(Reporting by Bipasha Dey in Bengaluru)
(([email protected];))
** Shares of India's Granules GRAN.NS jump 1.30% to 713.70 rupees
** Drugmaker's Q4 profit jumps 32.6% y/y to 2.02 billion rupees ($21.30 million), on strong demand for key products across major markets
** Total revenue from operations rises 21.7% y/y
** Europe's revenue share rose to 17% in Q4 FY26 from 8% in Q4 FY25
** Emkay said regulatory clearance of the Gagillapur facility in FY27 could boost formulation sales; introduces FY29 estimates and expects ~26% PAT CAGR over FY26–FY29
** GRAN rated "buy" on average by seven analysts, median PT: 685 rupees - data compiled by LSEG
** YTD, stock up ~18.6%
($1 = 94.8400 Indian rupees)
(Reporting by Bipasha Dey in Bengaluru)
(([email protected];))
** Granules India GRAN.NS reverses course, rises 3.23% to record high of 728 rupees
** Drugmaker's fourth quarter profit jumps 32.6% y/y to 2.02 billion rupees ($21.3 million) on strong demand for key products in its major markets and portfolio expansion
** Revenue rises 21.7% y/y to 14.71 billion rupees
** Around 2.84 mln shares traded vs 30-day avg of 1.17 mln
** Stock rated "buy" on avg; median PT is 685 rupees, per data compiled by LSEG
** YTD, GRAN up 17.82%
($1 = 94.7450 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Granules India GRAN.NS reverses course, rises 3.23% to record high of 728 rupees
** Drugmaker's fourth quarter profit jumps 32.6% y/y to 2.02 billion rupees ($21.3 million) on strong demand for key products in its major markets and portfolio expansion
** Revenue rises 21.7% y/y to 14.71 billion rupees
** Around 2.84 mln shares traded vs 30-day avg of 1.17 mln
** Stock rated "buy" on avg; median PT is 685 rupees, per data compiled by LSEG
** YTD, GRAN up 17.82%
($1 = 94.7450 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
March 31 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - RECEIVES VAI CLASSIFICATION FOLLOWING US FDA INSPECTION
GRANULES - INSPECTION IS NOW CLOSED, NO REGULATORY ACTION HAS BEEN RECOMMENDED
Source text: ID:nBSE1HyjKN
Further company coverage: GRAN.NS
(([email protected];;))
March 31 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - RECEIVES VAI CLASSIFICATION FOLLOWING US FDA INSPECTION
GRANULES - INSPECTION IS NOW CLOSED, NO REGULATORY ACTION HAS BEEN RECOMMENDED
Source text: ID:nBSE1HyjKN
Further company coverage: GRAN.NS
(([email protected];;))
March 5 (Reuters) - Granules India Ltd GRAN.NS:
PACKAGING FACILITY IN US GETS FDA EIR WITH NO ACTION INDICATED STATUS
Source text: ID:nnAZN4SJL8U
Further company coverage: GRAN.NS
(([email protected];))
March 5 (Reuters) - Granules India Ltd GRAN.NS:
PACKAGING FACILITY IN US GETS FDA EIR WITH NO ACTION INDICATED STATUS
Source text: ID:nnAZN4SJL8U
Further company coverage: GRAN.NS
(([email protected];))
** Shares of Granules India GRAN.NS rise 2.8% to 580.80 rupees
** Paracetamol maker's Q3 profit up 28% driven by strong demand in its key European and North American markets
** Co's Q3 consol profit up to 1.5 billion rupees vs 1.18 billion rupees y/y
** North America, which generates about two-thirds of the firm's revenue, logged a 14% jump in sales; Europe sales, which contribute 19% to topline, more than doubled
** Current production coming back on stream, ramp-up in new launches in the U.S. and other geographies, coupled with improved volumes- Dolat Capital
** GRAN down nearly 3% so far in January
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
** Shares of Granules India GRAN.NS rise 2.8% to 580.80 rupees
** Paracetamol maker's Q3 profit up 28% driven by strong demand in its key European and North American markets
** Co's Q3 consol profit up to 1.5 billion rupees vs 1.18 billion rupees y/y
** North America, which generates about two-thirds of the firm's revenue, logged a 14% jump in sales; Europe sales, which contribute 19% to topline, more than doubled
** Current production coming back on stream, ramp-up in new launches in the U.S. and other geographies, coupled with improved volumes- Dolat Capital
** GRAN down nearly 3% so far in January
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
Jan 23 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES DEC-QUARTER CONSOL PROFIT 1.50 BILLION RUPEES
GRANULES DEC-QUARTER CONSOL SALE OF PRODUCTS 13.78 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];))
Jan 23 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES DEC-QUARTER CONSOL PROFIT 1.50 BILLION RUPEES
GRANULES DEC-QUARTER CONSOL SALE OF PRODUCTS 13.78 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];))
Jan 8 (Reuters) - Granules India Ltd GRAN.NS:
UNIT RECEIVES FDA TENTATIVE APPROVAL FOR GENERIC AMPHETAMINE WITH 180-DAY EXCLUSIVITY
Source text: ID:nNSE826LQ6
Further company coverage: GRAN.NS
(([email protected];))
Jan 8 (Reuters) - Granules India Ltd GRAN.NS:
UNIT RECEIVES FDA TENTATIVE APPROVAL FOR GENERIC AMPHETAMINE WITH 180-DAY EXCLUSIVITY
Source text: ID:nNSE826LQ6
Further company coverage: GRAN.NS
(([email protected];))
Dec 12 (Reuters) - Granules India Ltd GRAN.NS:
UNIT RECEIVES EIR FROM FDA
Source text: ID:nNSE7p3B0h
Further company coverage: GRAN.NS
(([email protected];))
Dec 12 (Reuters) - Granules India Ltd GRAN.NS:
UNIT RECEIVES EIR FROM FDA
Source text: ID:nNSE7p3B0h
Further company coverage: GRAN.NS
(([email protected];))
Nov 13 (Reuters) - Granules India Ltd GRAN.NS:
Q2 CONSOL PROFIT 1.31 BILLION RUPEES
Q2 CONSOL TOTAL REVENUE FROM OPERATIONS 12.97 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];;))
Nov 13 (Reuters) - Granules India Ltd GRAN.NS:
Q2 CONSOL PROFIT 1.31 BILLION RUPEES
Q2 CONSOL TOTAL REVENUE FROM OPERATIONS 12.97 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];;))
June 20 (Reuters) - Granules India Ltd GRAN.NS:
BONTHAPALLY FACILITY COMPLETES US FDA INSPECTION
FACILITY COMPLETED FDA INSPECTION WITH ONE 483 OBSERVATION
Source text: ID:nNSEbcFQWR
Further company coverage: GRAN.NS
(([email protected];;))
June 20 (Reuters) - Granules India Ltd GRAN.NS:
BONTHAPALLY FACILITY COMPLETES US FDA INSPECTION
FACILITY COMPLETED FDA INSPECTION WITH ONE 483 OBSERVATION
Source text: ID:nNSEbcFQWR
Further company coverage: GRAN.NS
(([email protected];;))
** Indian pharma stocks .NIPHARM gain 1.4%
** Donald Trump signs executive order directing drugmakers to lower prices of their medicines to align with what other countries pay
** But, the order was not as bad as feared, investors, analysts and drug pricing experts said
** Pharma stocks declined in early trade on Monday after Trump's announcement
** HDFC Securities says generic drugmakers unlikely to have any impact
** Adds Sun Pharma SUN.NS to see some impact of price ceiling on specialty products like psoriasis drug Ilumya and anti-baldness drug Leqselvi
** Glenmark Pharma GLEN.NS, Divi's Laboratories DIVI.NS climb 3% each; SUN rises 0.6%
** Lupin LUPN.NS, Granules India GRAN.NS and Biocon BION.NS gain 2.6%, 3.8% and 1.7% respectively
(Reporting by Kashish Tandon in Bengaluru)
** Indian pharma stocks .NIPHARM gain 1.4%
** Donald Trump signs executive order directing drugmakers to lower prices of their medicines to align with what other countries pay
** But, the order was not as bad as feared, investors, analysts and drug pricing experts said
** Pharma stocks declined in early trade on Monday after Trump's announcement
** HDFC Securities says generic drugmakers unlikely to have any impact
** Adds Sun Pharma SUN.NS to see some impact of price ceiling on specialty products like psoriasis drug Ilumya and anti-baldness drug Leqselvi
** Glenmark Pharma GLEN.NS, Divi's Laboratories DIVI.NS climb 3% each; SUN rises 0.6%
** Lupin LUPN.NS, Granules India GRAN.NS and Biocon BION.NS gain 2.6%, 3.8% and 1.7% respectively
(Reporting by Kashish Tandon in Bengaluru)
April 10 (Reuters) - Granules India Ltd GRAN.NS:
CLOSING OF ACQUISITION OF SENN CHEMICALS
Further company coverage: GRAN.NS
(([email protected];))
April 10 (Reuters) - Granules India Ltd GRAN.NS:
CLOSING OF ACQUISITION OF SENN CHEMICALS
Further company coverage: GRAN.NS
(([email protected];))
March 25 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA LTD - BOARD APPROVES INTERNAL RESTRUCTURING PLAN FOR US SUBSIDIARIES
GRANULES INDIA LTD - NO CHANGE IN ULTIMATE OWNERSHIP OR BUSINESS NATURE IN US
Source text: ID:nBSE3nGBP8
Further company coverage: GRAN.NS
(([email protected];))
March 25 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA LTD - BOARD APPROVES INTERNAL RESTRUCTURING PLAN FOR US SUBSIDIARIES
GRANULES INDIA LTD - NO CHANGE IN ULTIMATE OWNERSHIP OR BUSINESS NATURE IN US
Source text: ID:nBSE3nGBP8
Further company coverage: GRAN.NS
(([email protected];))
March 18 (Reuters) - Granules India Ltd GRAN.NS:
UNIT GRANULES EUROPE HAS BEEN VOLUNTARILY DISSOLVED
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];;))
March 18 (Reuters) - Granules India Ltd GRAN.NS:
UNIT GRANULES EUROPE HAS BEEN VOLUNTARILY DISSOLVED
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];;))
** Shares of pharma co Granules India GRAN.NS fall 2.4% to 460 rupees
** Stock among top losers on Nifty Pharma index .NIPHARM
** The US FDA issued a warning letter to co post inspection
** Reports says bird droppings and feathers were found on air purification units, ducts, tank etc
** Flagged issues including lack of written procedures for equipment cleaning, residues and microbial contamination in ducts, risking cross-contamination
** More than 2.2 mln shares change hands, 1.6x its 30-day avg
** Stock down ~21% YTD vs a ~15% drop in NIPHARM
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of pharma co Granules India GRAN.NS fall 2.4% to 460 rupees
** Stock among top losers on Nifty Pharma index .NIPHARM
** The US FDA issued a warning letter to co post inspection
** Reports says bird droppings and feathers were found on air purification units, ducts, tank etc
** Flagged issues including lack of written procedures for equipment cleaning, residues and microbial contamination in ducts, risking cross-contamination
** More than 2.2 mln shares change hands, 1.6x its 30-day avg
** Stock down ~21% YTD vs a ~15% drop in NIPHARM
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Feb 28 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - GOT ORDER FOR CLOSURE OF PROCEEDINGS OF INVESTIGATION AFTER PAYMENT OF DUES
Further company coverage: GRAN.NS
(([email protected];))
Feb 28 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - GOT ORDER FOR CLOSURE OF PROCEEDINGS OF INVESTIGATION AFTER PAYMENT OF DUES
Further company coverage: GRAN.NS
(([email protected];))
** Shares of Granules India GRAN.NS climb 2.2% to 520 rupees
** Pharma co says it signed agreement to acquire Switzerland-based Senn Chemicals AG
** Co adds, acquisition is expected to close in the
first half of 2025
** Financial details of the deal was not disclosed
** Stock set to log gains after falling for two straight sessions
** Stock down ~14% YTD vs ~13% fall in broader Nifty Pharma index .NIPHARM
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Granules India GRAN.NS climb 2.2% to 520 rupees
** Pharma co says it signed agreement to acquire Switzerland-based Senn Chemicals AG
** Co adds, acquisition is expected to close in the
first half of 2025
** Financial details of the deal was not disclosed
** Stock set to log gains after falling for two straight sessions
** Stock down ~14% YTD vs ~13% fall in broader Nifty Pharma index .NIPHARM
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Feb 21 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA LTD - TO ACQUIRE 100% EQUITY STAKE IN SENN CHEMICALS AG
GRANULES: DEAL FOR 1.93 BILLION RUPEES
Source text: ID:nNSE1PXl9y
Further company coverage: GRAN.NS
(([email protected];;))
Feb 21 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA LTD - TO ACQUIRE 100% EQUITY STAKE IN SENN CHEMICALS AG
GRANULES: DEAL FOR 1.93 BILLION RUPEES
Source text: ID:nNSE1PXl9y
Further company coverage: GRAN.NS
(([email protected];;))
Jan 30 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - FDA APPROVAL FOR LISDEXAMFETAMINE DIMESYLATE CAPSULES
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];))
Jan 30 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - FDA APPROVAL FOR LISDEXAMFETAMINE DIMESYLATE CAPSULES
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];))
Jan 29 (Reuters) - Granules India Ltd GRAN.NS:
UNIT V RECEIVES EU GMP CERTIFICATE
EU AUTHORITY CONDUCTED AUDIT OF GRANULES INDIA UNIT V IN NOVEMBER 2024
Source text: ID:nBSE5nkvmM
Further company coverage: GRAN.NS
(([email protected];;))
Jan 29 (Reuters) - Granules India Ltd GRAN.NS:
UNIT V RECEIVES EU GMP CERTIFICATE
EU AUTHORITY CONDUCTED AUDIT OF GRANULES INDIA UNIT V IN NOVEMBER 2024
Source text: ID:nBSE5nkvmM
Further company coverage: GRAN.NS
(([email protected];;))
Jan 24 (Reuters) - Granules India Ltd GRAN.NS:
Q3 CONSOL PROFIT 1.18 BILLION RUPEES
Q3 CONSOL TOTAL REVENUE FROM OPERATIONS 11.38 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];;))
Jan 24 (Reuters) - Granules India Ltd GRAN.NS:
Q3 CONSOL PROFIT 1.18 BILLION RUPEES
Q3 CONSOL TOTAL REVENUE FROM OPERATIONS 11.38 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRAN.NS
(([email protected];;))
** Shares of Granules India GRAN.NS turn positive, up 0.7% at 588.40 rupees
** Pharma co's unit gets US FDA's approval for Lisdexamfetamine Dimesylate chewable tablets, a generic for Vyvanse chewable tablets
** Lisdexamfetamine dimesylate tablets are used to treat attention deficit hyperactivity disorder and binge eating disorder
** Stock was down ~0.5% before disclosure of US FDA approval for unit's drug
** GRAN up ~45% YTD vs gains of 27% in 2023
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Granules India GRAN.NS turn positive, up 0.7% at 588.40 rupees
** Pharma co's unit gets US FDA's approval for Lisdexamfetamine Dimesylate chewable tablets, a generic for Vyvanse chewable tablets
** Lisdexamfetamine dimesylate tablets are used to treat attention deficit hyperactivity disorder and binge eating disorder
** Stock was down ~0.5% before disclosure of US FDA approval for unit's drug
** GRAN up ~45% YTD vs gains of 27% in 2023
(Reporting by Vijay Malkar)
(([email protected];))
Dec 4 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - UPDATE ON US FDA INSPECTION AT GAGILLAPUR FACILITY
GRANULES INDIA LTD - OAI CLASSIFICATION DOES NOT IMPACT ONGOING MANUFACTURING OR DISTRIBUTION
GRANULES INDIA LTD - OAI STATUS MAY IMPACT REVIEW OF PENDING SUBMISSIONS FOR NEW PRODUCTS
Source text: ID:nnAPN2FLDZF
Further company coverage: GRAN.NS
(([email protected];))
Dec 4 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES - UPDATE ON US FDA INSPECTION AT GAGILLAPUR FACILITY
GRANULES INDIA LTD - OAI CLASSIFICATION DOES NOT IMPACT ONGOING MANUFACTURING OR DISTRIBUTION
GRANULES INDIA LTD - OAI STATUS MAY IMPACT REVIEW OF PENDING SUBMISSIONS FOR NEW PRODUCTS
Source text: ID:nnAPN2FLDZF
Further company coverage: GRAN.NS
(([email protected];))
** Shares of pharmaceuticals maker Granules India GRAN.NS close down 10.3%
** This is only the second session this year that the stock has declined by 10% or more
** Stock top loser on the Nifty Pharma index .NIPHARM, which slips about 0.1%
** US FDA classifies inspection co's Gagillapur facility as 'official action indicated' (OAI); the classification means regulatory or administrative actions are recommended
** Co says it has responded to all observations issued by the US FDA and voluntarily undertaken evaluation of facility, in consultation with external subject matter experts
** Trading vols at 18.4 mln, highest since mid-September
** GRAN stock has risen around 32% YTD, NIPHARM also up about 33%
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of pharmaceuticals maker Granules India GRAN.NS close down 10.3%
** This is only the second session this year that the stock has declined by 10% or more
** Stock top loser on the Nifty Pharma index .NIPHARM, which slips about 0.1%
** US FDA classifies inspection co's Gagillapur facility as 'official action indicated' (OAI); the classification means regulatory or administrative actions are recommended
** Co says it has responded to all observations issued by the US FDA and voluntarily undertaken evaluation of facility, in consultation with external subject matter experts
** Trading vols at 18.4 mln, highest since mid-September
** GRAN stock has risen around 32% YTD, NIPHARM also up about 33%
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Granules India GRAN.NS climb as much as 3.2% to 590.5 rupees but trim gains to trade largely flat amid drop in Nifty 50 .NSEI, which is down 0.4% .BO
** Pharma co said a U.S. FDA inspection concluded at its unit's facility in Andhra Pradesh state with zero observations
** Facility secured an establishment inspection report with "No Action Indicated" status
** Stock up 44% YTD, its biggest annual gain since 2020
** Peers Aurobindo Pharma ARBN.NS and Alembic Pharma ALEM.NS up ~23% and 45% so far this year
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Granules India GRAN.NS climb as much as 3.2% to 590.5 rupees but trim gains to trade largely flat amid drop in Nifty 50 .NSEI, which is down 0.4% .BO
** Pharma co said a U.S. FDA inspection concluded at its unit's facility in Andhra Pradesh state with zero observations
** Facility secured an establishment inspection report with "No Action Indicated" status
** Stock up 44% YTD, its biggest annual gain since 2020
** Peers Aurobindo Pharma ARBN.NS and Alembic Pharma ALEM.NS up ~23% and 45% so far this year
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Nov 6 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA Q2 CONSOL PROFIT 972.3 MILLION RUPEES
GRANULES INDIA Q2 CONSOL TOTAL REVENUE FROM OPERATIONS 9.67 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];))
Nov 6 (Reuters) - Granules India Ltd GRAN.NS:
GRANULES INDIA Q2 CONSOL PROFIT 972.3 MILLION RUPEES
GRANULES INDIA Q2 CONSOL TOTAL REVENUE FROM OPERATIONS 9.67 BILLION RUPEES
Further company coverage: GRAN.NS
(([email protected];))
** Shares of Granules India GRAN.NS fall as much as 16.9% to 562.10 rupees, mark sharpest intraday pct loss since March 23, 2020
** Pharmaceutical manufacturing co says several investors have sought clarification from co on U.S. FDA's observations on its Gagillapur facility
** Adds, it will work with FDA to address issues raised in the observations
** On Saturday, FDA inspection at this facility concluded with six observations
** Stock is witnessing its most active trading session since 2005 listing, with more than 35 mln shares change hands, 12.8x of 30-day avg
** Stock last down 16.6%, cutting YTD gains to 39.2%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Granules India GRAN.NS fall as much as 16.9% to 562.10 rupees, mark sharpest intraday pct loss since March 23, 2020
** Pharmaceutical manufacturing co says several investors have sought clarification from co on U.S. FDA's observations on its Gagillapur facility
** Adds, it will work with FDA to address issues raised in the observations
** On Saturday, FDA inspection at this facility concluded with six observations
** Stock is witnessing its most active trading session since 2005 listing, with more than 35 mln shares change hands, 12.8x of 30-day avg
** Stock last down 16.6%, cutting YTD gains to 39.2%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
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What does Granules India do?
Granules India Limited is a high-growth pharmaceutical company in India, specializing in APIs, PFIs, and FDs. It holds a leadership position in generic drugs like Paracetamol and Ibuprofen.
Who are the competitors of Granules India?
Granules India major competitors are Solara Active Pharma, IOL Chem & Pharma, Neuland Laboratories, Acutaas Chemicals, Alivus Life Sciences, Shilpa Medicare, Supriya Lifescience. Market Cap of Granules India is ₹22,250 Crs. While the median market cap of its peers are ₹12,628 Crs.
Is Granules India financially stable compared to its competitors?
Granules India seems to be less financially stable compared to its competitors. Altman Z score of Granules India is 7.39 and is ranked 6 out of its 8 competitors.
Does Granules India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Granules India latest dividend payout ratio is 7.29% and 3yr average dividend payout ratio is 7.84%
How has Granules India allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Granules India balance sheet?
Balance sheet of Granules India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Granules India improving?
Yes, profit is increasing. The profit of Granules India is ₹595 Crs for Mar 2026, ₹502 Crs for Mar 2025 and ₹405 Crs for Mar 2024
Is the debt of Granules India increasing or decreasing?
The net debt of Granules India is decreasing. Latest net debt of Granules India is -₹559.83 Crs as of Mar-26. This is less than Mar-25 when it was ₹93.16 Crs.
Is Granules India stock expensive?
Yes, Granules India is expensive. Latest PE of Granules India is 37.39, while 3 year average PE is 22.9. Also latest EV/EBITDA of Granules India is 19.1 while 3yr average is 12.69.
Has the share price of Granules India grown faster than its competition?
Granules India has given better returns compared to its competitors. Granules India has grown at ~31.14% over the last 4yrs while peers have grown at a median rate of 25.97%
Is the promoter bullish about Granules India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Granules India is 38.02% and last quarter promoter holding is 38.02%.
Are mutual funds buying/selling Granules India?
The mutual fund holding of Granules India is increasing. The current mutual fund holding in Granules India is 3.45% while previous quarter holding is 2.85%.