Company Valuation: Granules India Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 75,120 75,964 70,374 104,206 118,082 220,428 - -
Change - 1.12% -7.36% 48.08% 13.32% 86.67% - -
Enterprise Value (EV) 1 82,206 82,880 78,577 112,575 124,976 157,810 222,297 207,203
Change - 0.82% -5.19% 43.27% 11.02% 26.27% -0.35% -6.79%
P/E 13.8x 18.5x 13.8x 25.7x 23.6x 25.4x 28.9x 22.7x
PBR 3.46x 2.94x 2.48x 3.23x 3.18x 4.92x 3.8x 3.19x
PEG - -0.8x 0.5x -1.3x 1x 1.4x 1.2x 0.8x
Capitalization / Revenue 2.32x 2.02x 1.56x 2.31x 2.63x 2.87x 3.55x 3.08x
EV / Revenue 2.54x 2.2x 1.74x 2.5x 2.79x 2.94x 3.58x 2.89x
EV / EBITDA 9.61x 11.5x 8.6x 13.2x 13.2x 13.3x 15.3x 11.8x
EV / EBIT 11.7x 14.7x 10.8x 17.4x 17.4x 17.8x 20.1x 15.1x
EV / FCF 51x -126x 24x 191x 42.4x 67.1x 69.7x 36.6x
FCF Yield 1.96% -0.79% 4.18% 0.52% 2.36% 1.49% 1.44% 2.73%
Dividend per Share 2 1.5 1.5 1.5 1.5 1.5 1.475 1.45 1.525
Rate of return 0.49% 0.49% 0.52% 0.35% 0.31% 0.17% 0.16% 0.17%
EPS 2 21.95 16.6 21 16.72 20.68 24.46 30.78 39.22
Distribution rate 6.83% 9.04% 7.14% 8.97% 7.25% 5.98% 4.71% 3.89%
Net sales 1 32,375 37,649 45,119 45,064 44,816 53,656 62,129 71,658
EBITDA 1 8,552 7,222 9,138 8,560 9,452 11,851 14,484 17,598
EBIT 1 7,038 5,636 7,293 6,486 7,197 8,890 11,047 13,734
Net income 1 5,495 4,128 5,166 4,053 5,015 5,950 7,759 9,947
Net Debt 1 7,086 6,916 8,203 8,368 6,894 3,891 1,870 -13,225
Reference price 2 303.30 306.30 290.75 429.95 487.10 889.55 889.55 889.55
Nbr of stocks (in thousands) 247,675 248,006 242,043 242,369 242,419 247,797 - -
Announcement Date 11/05/21 18/05/22 16/05/23 15/05/24 28/05/25 29/04/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.04x4.2x19.28x0.17% 2.31B
34.92x12.63x25.81x0.57% 1,060B
27.42x6.3x17.1x2.08% 619B
30.1x7.34x15.02x2.76% 438B
17.98x4.45x11.01x2.97% 333B
21.52x5.52x13.36x2.86% 282B
21.56x4.53x12.65x1.94% 267B
14.17x5.3x10.9x3.52% 218B
23.78x6.31x11.12x2.78% 196B
-46.81x5.6x30.89x2.5% 161B
Average 18.07x 6.22x 16.71x 2.22% 357.62B
Weighted average by Cap. 23.84x 7.84x 18.15x 1.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. GRANULES Stock
  4. Valuation Granules India Limited