Granules is a company belonging to the Healthcare sector and operates in the Drug Manufacturers - Specialty & Generic industry. The company is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. In this article, we will find out about Granules Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029 and 2030. The 6 analysts offering 1-year price forecasts for Granules India Limited have a high estimate of Rs. 769.00 and a low estimate of Rs. 650.00.
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About Granules India Ltd. Company
Granules India Limited is an Indian multinational pharmaceutical company based in Hyderabad, India. Granules manufacturers paracetamol, ibuprofen, metformin and guaifenesin as well as off-patent drugs in large quantities for customers in regulated and rest of the world markets. Granules India Limited also undertakes contract research and manufacturing (CRAM).
Granules India was founded in 1984 as Triton Laboratories. Triton produced paracetamol API in its own Bonthapally factories located on the outskirts of Hyderabad, India. Triton scientists discovered a much more efficient way to manufacture paracetamol API, reducing costs and raw material requirements. Subsequently, in 1987, Triton became the only Indian company other than Dr. Reddy's Laboratories to export pharmaceutical products to the US.
Granules India Ltd. Shares Current Performance And Market Indicators
Open Price: ₹555.00
Today’s Low Price: ₹546.30
Today's High Price: ₹560.60
Current Price: ₹549.90
Market capitalization: ₹13,454 Cr
P/E Ratio: 27.34
ROE: - 12.57%
Dividend Yield: 0.27%
52-Week Low: ₹318.95
52-Week High: ₹721.00
Price Change Over the Past Year: +216.00 (64.86% Increase)
Granules India’s share price performance has shown significant volatility and growth over the past year. Currently, the stock is trading at ₹549.90, having experienced a daily range between ₹546.30 and ₹560.60. The stock opened the trading day at ₹555.00. Despite today's fluctuations, the share has demonstrated robust performance over the past year, with a substantial 64.86% increase, amounting to a ₹216.00 rise from its previous price.
The stock's market capitalization stands at ₹13,454 crore, with a P/E ratio of 27.34, reflecting investor expectations of future growth. However, the company's ROE is negative at -12.57%, and the dividend yield is relatively modest at 0.27%. Over the past 52 weeks, Granules India’s share price has ranged from a low of ₹318.95 to a high of ₹721.00, highlighting both the volatility and significant appreciation in its stock value.
Granules India Ltd Share Price Target 2024
The current projected share price of Granules India Ltd in 2024 is ₹758. The company's growth is expected to be driven by strong demand for its products, expansion into new markets and increased capacity utilization. Additionally, Granules is expected to grow at a clean price to the pharmaceutical commercial enterprise, with the company taking full advantage of its diverse product portfolio and rate-of-use manufacturing technologies.
Granules India Ltd Share Price Target 2025
Next year in 2025, Granules India Limited Company's 2025 share price is expected to be ₹866. This rise in the stock will be due to the strategic projects of the company, which include expanding its product offering, focusing on high-margin products and increasing its presence in regulated markets. The name for traditional tablets is also expected to move upwards across the world, which may favorably impact the revenue and profitability of Granules Company.
Granules India Ltd Share Price Target 2026
Granules India share price is expected to reach around ₹989 in 2026. The corporation is expected to benefit from its focus on fine-tuning skills, rate manipulation, and a robust distribution chain. This, along with the expected acceptance of new products and a strong foothold in global related markets, should also boost its financial performance.
Granules India Ltd Share Price Target 2027
Granules India Limited Company's share price in 2027 is expected to be ₹1131. This shows an upward trend in its share price. Granules Company can also leverage its blanket appointees' version, which includes API, PFI and complete dosage, to capture a larger percentage of the fresh market.
Granules India Ltd Share Price Target 2028
The share price of Granules India Limited Company is expected to witness a steady increase in 2028 and is expected to be around ₹1294 in 2028. The Granules organization is expected to rise on the back of its strong market position, multiple product portfolio and growing global presence. Along with this, favorable government guidelines and expanding healthcare costs are expected to provide additional opportunities for the business enterprise to grow above the international level.
Granules India Ltd Share Price Target 2029
Granules India Company Limited share price will rise to ₹1481 in 2029. This growth can be driven by higher revenue volumes, entry into new therapeutic areas and strategic partnerships or acquisitions. In addition, new legislation and the company's recognition at Amazing help it enhance its competitive advantages and capture a large share of the pharmaceutical market worldwide.
Granules India Ltd Share Price Target 2030
Granules India Limited share price is expected to reach ₹1695 by 2030. By this time, the company is likely to establish itself as a top player in the pharmaceutical industry globally, driven by a strong product pipeline, strategic expansion and consistent financial fundamentals performance.
Granules India Ltd Shareholding
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Promoters | 42.02% | 41.96% | 41.96% | 41.96% | 38.87% |
Retail and Other | 29.95% | 29.71% | 29.12% | 27.76% | 26.62% |
Foreign Institutions | 21.35% | 21.48% | 18.78% | 19.57% | 20.39% |
Mutual Funds | 4.87% | 3.94% | 7.05% | 7.09% | 9.16% |
Other Domestic Institutions | 1.81% | 2.92% | 3.09% | 3.61% | 4.96% |
The Granules India Ltd shareholding chart is referred to from the Groww website.
Granules India Ltd Balance Sheet
Balance Sheet of Granules India (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths |
EQUITIES AND LIABILITIES |
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SHAREHOLDER'S FUNDS |
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Equity Share Capital | 24.24 | 24.2 | 24.8 | 24.77 | 25.42 |
Total Share Capital | 24.24 | 24.2 | 24.8 | 24.77 | 25.42 |
Reserves and Surplus | 3,073.00 | 2,661.83 | 2,493.62 | 2,127.56 | 1,777.38 |
Total Reserves and Surplus | 3,073.00 | 2,661.83 | 2,493.62 | 2,127.56 | 1,777.38 |
Total Shareholders Funds | 3,110.95 | 2,699.46 | 2,530.66 | 2,162.62 | 1,811.59 |
NON-CURRENT LIABILITIES |
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Long Term Borrowings | 50.01 | 148.64 | 233.7 | 333.81 | 420.92 |
Deferred Tax Liabilities [Net] | 31.05 | 23.44 | 30.07 | 25.89 | 44.72 |
Other Long Term Liabilities | 7.21 | 8.7 | 8.28 | 7.34 | 0 |
Long Term Provisions | 37.86 | 29.26 | 28.31 | 24.84 | 21.5 |
Total Non-Current Liabilities | 126.13 | 210.04 | 300.36 | 391.88 | 487.14 |
CURRENT LIABILITIES |
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Short Term Borrowings | 1,004.24 | 762.18 | 813.52 | 504.64 | 371.69 |
Trade Payables | 654.63 | 744.39 | 606.8 | 507.65 | 322.88 |
Other Current Liabilities | 97.84 | 72.58 | 98.44 | 102.69 | 146.93 |
Short Term Provisions | 11.84 | 14.62 | 22.83 | 13.34 | 5.96 |
Total Current Liabilities | 1,768.55 | 1,593.77 | 1,541.60 | 1,128.33 | 847.45 |
Total Capital And Liabilities | 5,005.63 | 4,503.27 | 4,372.62 | 3,682.83 | 3,146.18 |
ASSETS |
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NON-CURRENT ASSETS |
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Tangible Assets | 1,265.52 | 1,256.06 | 1,110.30 | 926.31 | 867.71 |
Intangible Assets | 58.15 | 73.73 | 60.53 | 58.69 | 59.18 |
Capital Work-In-Progress | 52.53 | 63.46 | 194.15 | 146.58 | 100.86 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 1,376.61 | 1,393.26 | 1,381.36 | 1,149.01 | 1,056.66 |
Non-Current Investments | 941.4 | 676.53 | 596.53 | 591.53 | 445.39 |
Deferred Tax Assets [Net] | 0 | 0 | 0 | 0 | 0 |
Long Term Loans And Advances | 0 | 12.15 | 13.03 | 10.11 | 154.29 |
Other Non-Current Assets | 53.7 | 103.37 | 51.05 | 54.31 | 14.95 |
Total Non-Current Assets | 2,371.71 | 2,185.30 | 2,041.97 | 1,804.97 | 1,671.30 |
CURRENT ASSETS |
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Current Investments | 0 | 0 | 0 | 0 | 0 |
Inventories | 578.62 | 593.41 | 590.74 | 461.7 | 343.95 |
Trade Receivables | 1,633.19 | 1,372.19 | 1,210.43 | 1,014.24 | 627 |
Cash And Cash Equivalents | 228.11 | 202.98 | 355.08 | 241.23 | 272.34 |
Short Term Loans And Advances | 2.73 | 0 | 0.28 | 0.28 | 1.76 |
OtherCurrentAssets | 191.27 | 149.39 | 174.11 | 160.43 | 229.84 |
Total Current Assets | 2,633.92 | 2,317.97 | 2,330.65 | 1,877.87 | 1,474.88 |
Total Assets | 5,005.63 | 4,503.27 | 4,372.62 | 3,682.83 | 3,146.18 |
OTHER ADDITIONAL INFORMATION |
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CONTINGENT LIABILITIES, COMMITMENTS |
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Contingent Liabilities | 191.59 | 213.49 | 220.55 | 235.95 | 187.47 |
CIF VALUE OF IMPORTS |
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Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE |
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Expenditure In Foreign Currency | 1,008.36 | 1,411.96 | 103,838.87 | 869.06 | 775.09 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS |
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Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE |
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FOB Value Of Goods | -- | -- | -- | -- | -- |
Other Earnings | 3,554.52 | 3,652.58 | 2,792.40 | 2,652.75 | 1,843.38 |
BONUS DETAILS |
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Bonus Equity Share Capital | -- | -- | -- | -- | -- |
NON-CURRENT INVESTMENTS |
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Non-Current Investments Quoted Market Value | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 |
Non-Current Investments Unquoted Book Value | 941.4 | 676.53 | 596.53 | 591.53 | 445.39 |
CURRENT INVESTMENTS |
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Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
This balance sheet is referred to from the MoneyControl website.
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Conclusion
Based on the most recent business analysis and information, GRANULES share price targets for 2024 to 2030 were offered in this article. It is important to remember that although technical analysis forms the basis of these price projections, news and other market factors can also have an impact on the stock's performance. Therefore, these hypothetical targets should be used as a guide, rather than serving as financial advice.
FAQs
1. What is the Granules India Limited share price target for 2024?
The Granules India Limited share price target for 2024 is ₹758.
2. How is Granules India Limited likely to perform in 2025?
The Granules India Limited share price forecast for 2025 is expected to be ₹866, driven by the expanding market, new product launches and expanding product portfolio.
3. What will be the Granules India Limited share price in 2030?
The Granules India Limited share price forecast for 2030 is expected to be ₹1695.
4. Why is Granules considered a top long-term investment?
Granules is considered an excellent investment due to its diverse product portfolio, strong growth opportunities, strategic growth plans and strong presence in global markets.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know at our official [email protected].