Granules India - Operational Headwinds To Normalise: Geojit

Softening RM prices, expansion into new geographies, strengthening of key molecules through backward integration are positive

Granules India Ltd.'s manufacturing unit in Hyderabad. (Source: Company website)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Geojit Research Report

We remain optimistic about Granules India Ltd.'s long-term profitability and growth prospects owing to new product launches, a focus on backward integration, and increased market share in existing geographies.

However, delayed launches of some of the molecules are likely to impact revenue.

Therefore, we downgrade our rating to 'Accumulate' with a target price of Rs 464 based on 16 times FY26E earnings per share.

Click on the attachment to read the full report:

Geojit Granules India Update.pdf
Read Document

Also Read: India Strategy, Economy - Is The GDP Blitzkrieg A Statistical Exaggeration? Systematix Analysis

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Still Not convinced ?  Know More
Watch LIVE TV , Get Stock Market Updates, Top Business , IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES