Company Intelligence Profile
Granules India Limited
Granules India Limited is a Hyderabad-based pharmaceutical maker that produces APIs, formulation intermediates and finished dosages as a CDMO.
Last updated 28 October 2026
Granules India Limited is a pharmaceutical manufacturer based in Hyderabad, Telangana. It makes APIs, formulation intermediates and finished dosages and works as a CDMO. The company was incorporated on 18 March 1991 and is listed on BSE and NSE. In FY2024-25 it reported revenue of ₹4,482 Cr and net profit of ₹502 Cr.
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Company Identity
| Registered name | Granules India Limited |
|---|---|
| CIN | L24110TG1991PLC012471 |
| Status | Active, Compliant |
| Listing | 532482, NSE: GRANULES (listed public limited company) |
| Incorporated | 18 March 1991 |
| ROC | Telangana |
| Sector (NIC) | Pharma & Life Sciences (NIC 24110) |
| Registered address | 15th Floor, Granules Tower, Botanical Garden Road, Kondapur, K.V. Rangareddy, Serilingampally, Telangana, India, 500084 |
| Authorized capital | ₹50.5 Cr |
| Paid-up capital | ₹24.3 Cr vs ₹24.78 Cr — minor discrepancy, likely different as-of dates; report both |
Business Overview
- Granules India Limited makes Active Pharmaceutical Ingredients, Pharmaceutical Formulation Intermediates and Finished Dosages.
- It works as a CDMO and is based in Hyderabad, India.
- Finished Dosages bring in about 74% of FY26 revenue.
- The company serves 300+ customers in 80+ countries from 10 manufacturing facilities.
- It was incorporated on 18 March 1991.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Krishna Prasad Chigurupati | 00020180 | Managing Director & Chairman | - |
| Harsha Chigurupati | 01606477 | Whole-time Director | - |
| Umadevi Chigurupati | 00737689 | Whole-time Director | - |
| Priyanka Chigurupati | 01793431 | Director | - |
| Arun Sawhney | 01929668 | Director | - |
| Basava Sankar Rao Kolli | 05167550 | Director | - |
| Palepu Sucharita Rao | 07807717 | Director | - |
| Saumen Chakraborty | 06471520 | Director | - |
| Sethurathnam Ravi | 00009790 | Additional Director | - |
| Rajiv Pritidas Kakodkar | 01519590 | Additional Director | - |
| Kapil Mehan | 01215092 | Director | - |
Financials
- Revenue ₹4,482 Cr
- EBITDA ₹948 Cr
- Net profit ₹502 Cr
- Net worth ₹3,715 Cr
- Borrowings ₹1,455 Cr
Charges & Borrowings
| Open charges | ₹905 Cr |
|---|---|
| Satisfied charges | ₹2,314.91 Cr |
Legal & Compliance
- Incyte Holdings Corporation vs Granules India Limited - Delhi High Court, 2024, civil and IP dispute
- Granules India Ltd vs Union of India - Telangana High Court, 2024
- Granules India Ltd vs Union of India - Supreme Court, AIR 2020 SC 594, customs and excise appeal
- Granules India Limited vs Commissioner of Central Excise - CESTAT, 2015
- Granules India Ltd vs Union of India - Delhi High Court, 2015, WP(C) 3320/2015
Competitors
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