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GRANULES
Date: July 21, 2026
National Stock Exchange of India Limited
BSE Limited
Symbol: NSE: GRANULES: BSE: 532482
Dear Sir,
Sub: Press Release to the Analysts/Investors
We refer to the unaudited financial results for the first quarter of the FY 2026-2027, submitted
to you today, i.e., on July 21, 2026. We are now enclosing the press release in this regard to the
Analysts/Investors, which is also being uploaded on our website.
This is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Kindly take the above information on record.
For GRANULES INDIA LIMITED
CHAITANYA TUMMALA
(COMPANY SECRETARY &
COMPLIANCE OFFICER)
REGISTERED OFFICE
Granules India Limited
CIN: L24110TG1991PLC012471
15 Floor, Granules Tower, Botanical Garden Road, Kondapur, Hyderabad - 500084, Telangana, India
Contact Us: Tel: +91 40 69043500 | Fax: +91-40-23115145 | mail@granulesindia.com www.granulesindia.com
Press Release for Immediate Release
Q1FY27 Revenue from operations at INR 14,768 Mn up 22% YoY,
EBITDA at INR 3,389 Mn up 37% YoY, PBT before Exceptional Item at
INR 2,404 Mn up 41% YoY, PAT at INR 1,800 Mn up 60% YoY.
Hyderabad, India, July 21, 2026: Granules In dia Ltd., a vertically integrated pharmaceutical
company, today announced its financial results for the quarter ended June 30, 2026.
Financial Summary (All numbers in INR Mn)
QUARTERLY CONSOLIDATED Growth Growth
Q1FY27 Q4FY26 Q1FY26
FINANCIALS (QoQ) (YoY)
Revenue from Operations 14,768 14,706 0% 12,101 22%
EBITDA 3,389 3,521 -4% 2,467 37%
EBITDA % 23% 24% 20%
PBT Before Exceptional Item 2,404 2,464 -2% 1,704 41%
Exceptional Item / (Income) 0 (159) 259
PAT 1,800 2,016 -11% 1,126 60%
PAT % 12% 14% 9%
Financial and Business Summary for Q1FY27
▪ Revenue from Operations of Q1FY27 stood at INR 14,768 Mn, a growth of 22% YoY,
Revenue share from the North America is 72% in Q1FY27 as compared to 77% in Q1FY26
and from the Europe is 16% in Q1FY27 as compared to 13% in Q1FY26.
▪ Finished dosages (FD), Active Pharmaceuticals Ingredients (API), Pharmaceutical
Formulation Intermediates (PFI), and Peptides CDMO contribute 74%, 13%, 9% and 4%
of revenue from operations respectively for Q1FY27.
▪ ROCE improved to 18.0% in Q1FY27 from 17.6% in FY26.
▪ Net debt stood at INR 1,012 Mn, a reduction of INR 8,467 Mn from Q1FY26 and Net debt
to EBITDA at 0.07x
Commenting on the results, Dr. Krishna Prasad Chigurupati, Chairman & Managing
Director of Granules India Limited said, “Q1 FY27 marks an important step forward for
Granules India as the foundations strengthened during FY26 begin to translate into
greater execution confidence, strategic clarity and business resilience. Our focus remains
firmly on regulatory and quality excellence, portfolio transformation toward complex and
differentiated products, geographic and customer diversification and scaling new growth
engines. While external cost pressures and supply chain volatility require continuous
management for next couple of quarters, we are continuing to invest in R&D largely
towards Complex Gx, digitalization, operational excellence, sustainability and talent to
support long-term value creation. With a stronger organization, a more balanced portfolio
and clear strategic priorities, we remain confident in Granules’ ability to deliver
sustainable growth for all stakeholders.”
About Granules India Ltd. (BSE: 532482, NSE: GRANULES)
Granules India Limited, incorporated in 1991 is a vertically integrated fast growing Indian
pharmaceutical company headquartered at Hyderabad with best-in-class facilities and
commitment to operational excellence, quality, and customer service. We are among the few
pharmaceutical companies in the world to be present in the manufacturing of entire value chain –
from Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs),
Finished Dosages (FDs) and Peptides CDMO. Our products are being distributed to over 300+
customers in regulated and semi-regulated markets with a global presence extending to over 80+
countries with offices across India, US, and UK. The Company has 10 manufacturing facilities out
of which 7 are in India, 2 in the USA and 1 in Switzerland and has regulatory approvals from US
FDA, EDQM, EU GMP, COFEPRIS, WHO GMP, TGA, K FDA, DEA, MCC and HALAL.
Safe Harbour
This document includes certain forward-looking statements. These statements are based on
management's current expectations or beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those expressed or implied by the
statements herein due to changes in economic, business, competitive, technological, and/or
regulatory factors. Granules India Ltd., its directors, and any of the affiliates or employees are
under no obligation to and expressly disclaims any such obligation to, update or alter its forward-
looking statements, whether as a result of new information, future events, or otherwise.
Contacts:
Granules IR Desk Chaitanya Tummala
investorrelations@granulesindia.com Company Secretary
chaitanya.tummala@granulesindia.com