Granules India Ltd
NSE: GRANULES BSE: 532482
₹586.20
(0.84%)
Wed, 18 Mar 2026, 08:51 pm
Market Cap140.95B
PE Ratio26.07
Dividend0.26
Company History
1985
- M/s.Triton Laboratories (TL), a partnership firm was promoted by the promoters.
1991
- Granules India Ltd was incorporated as a Private Limited Company on March 16.
- GIL commenced its operations in April as a merchant exporter of bulk drugs like Paracetamol, Guaifenesin and Chloro Pheniramine Maleste.
1992
- GIL concentrated on the export of Paracetamol powder.
1993
- GIL was converted into a Public Limited Company on February 8.
- GIL joined as a partner of M/s.Triton Laboratories (TL), a partnership firm promoted by the promoters in 1985.
- TL decided to diversify into manufacturing of bulk drugs and started implementing a project for the same.
- The value of land purchased in 1985 was revalued at Rs.28,26,980 on March 30.
1994
- Trial production of Folic Acid commenced in November.
- GIL started implementing the ongoing project taken over from TL and exported DC blends of Paracetamol of international pharmacopial standards from September 1.
- GIL purchased the assets of a sick unit from the Andhra Pradesh State Financial Corporation (APSFC) on March 30.
1995
- Commercial production of Folic Acid commenced in August.
2003
- Granules MD Mr C. Krishna Prasad bagged the Udyog Rattan and Excellence Award.
2004
- Granules India Ltd announced that its new plant at Gagillapur had successfully gone through the first International Regulatory audit by the German Health Authority.
- Granules India Gagillapur Facility successfully went through an audit by the German Health Authority.
2005
- Granules India Ltd informed that the GDR issue was opened on January 13, 2005 and closed on January 19, 2005.
2006
- Granules India Ltd signed a Memorandum of Understanding (MoU) with Hubei Biocause Heilen Pharmaceutical Company (Biocause) of China.
- Granules India signed MOU with PharmaMatch B.V.
2007
- Granules forges alliance with GSK Healthcare R&D.
- Mr. Stephen R Olsen was appointed as an Additional Director of the Company.
- The Registered Office of the Company was shifted from 8-2-293/A/A/2, Road No 2, Banjara Hills, Hyderabad to Second Floor, Block III, My Home Hub, Madhapur, Cyberabad.
2008
- Mr. Nelson David Corda was appointed as Alternate Director.
2009
- Mr. Comandur Parthasarathy was appointed as an Additional Director of the Company.
- Granules India Limited bagged the prestigious 'Fastest Emerging Company from India' Award in the APIs & Intermediaries category.
2010
- Mr. Philip Herbert Strenger was appointed as an Additional Director of the Company.
- Granules India received U.S. FDA approval for its Metformin ANDA.
- Granules India announced new leadership roles.
2011
- Ms. Shivangi Sharma was appointed as Company Secretary and Compliance Officer of the Company.
- Granules-Omnichem Ltd planned to open a unit in Vizag.
- Granules India and Ajinomoto OmniChem created a strategic Joint Venture in India.
2012
- Granules India was awarded India's Most Admired Company in Exports and India's Most Admired Company in Bulk Drugs.
- Granules India was awarded Outstanding Exports - Formulations Award 2011-12 by Pharmexcil.
2013
- Granules India announced acquisition of Auctus Pharma and opening of a new R&D Facility.
- Granules completed a major expansion at its Gagillapur facility.
- Granules India recommended a Final dividend of Rs. 2.00 per share representing 20% of Paid Up Capital.
2014
- Granules India's Paracetamol API Facility completed U.S. FDA Inspection.
- Granules India was awarded Outstanding Exports (Europe & CIS) - Gold Award 2012-13 by Pharmexcil.
- Granules India recommended a final dividend of Rs. 3.50 per share representing 35% of Paid Up Capital.
2015
- Granules India received US FDA approval for Ibuprofen Tablets.
- Granules India's two facilities located in Vizag and Jeedimetla completed U.S FDA inspection.
- Granules India split its face value from Rs. 10 to Rs. 1.
2016
- Granules acquired rights for 4 products from USpharma Windlas.
- Granules Pharmaceuticals, Inc., a wholly owned subsidiary of Granules India Ltd, entered into an agreement with USpharma to acquire its stake.
2017
- Granules India successfully completed INFARMED re-inspection.
- Granules India got Board nod to raise FII, FPI limit to 49%.
- Granules India got EIR from USFDA for Vizag OmniChem facility.
2018
- Granules Pharmaceuticals, Inc. launched the generic version of Methylergonovine Maleate Tablets, USP, 0.2mg.
- Granules Pharmaceuticals, Inc. received US FDA approval for generic Methylergonovine tablets.
- Granules India got USFDA nod for muscle pain tablets.
- Granules India received approval for ANDA filed by Granules India Limited.
- Granules' US unit got two USFDA observations.
2019
- Granules India got USFDA nod for pain relief drug.
- Granules India got USFDA nod for treatment of attention deficit hyperactivity disorder.
- Granules India received US FDA approval for Methylphenidate Hydro.
- Granules India's Bonthapally Facility completed US FDA inspection.
- Granules India got USFDA nod for Amphetamine Sulfate tablets.
- Granules Pharmaceuticals, Inc. received US FDA approval for Amphetamine Sulfate Tablets.
2020
- Granules India arm got USFDA nod for Valganciclovir hydrochloride oral solution.
- Granules India received USFDA approval for Colchicine Tablets.
- Granules Pharmaceuticals Inc. got USFDA nod for Colchicine tablets.
- Granules India got tentative USFDA nod for Colchicine capsules for gout.
- Granules India got tentative nod from USFDA for expectorant tablets.
2021
- Granules got USFDA nod for diabetes management drug.
- Granules India got USFDA nod for generic low blood potassium treatment capsules.
- Granules India received USFDA approval for Acetaminophen, Aspirin and Caffeine Tablets.
- Granules India received USFDA approval for Dofetilide capsules.
- Granules India's US unit got two observations from USFDA.
2022
- Granules India received licenses from MPP to market Nirmatrelvir and Ritonavir.
- Granules Pharmaceuticals Inc. received ANDA approval for Bupropion Hydrochloride Extended-Release Tablets.
- Granules Pharmaceuticals Inc. received ANDA approval for Potassium Chloride for Oral Solution USP, 20 mEq.
2023
- Granules India received USFDA approval for Losartan Potassium Tablets.
- Granules India forged a strategic partnership with Greenko ZeroC.
2024
- Granules India Limited was honored with the Golden Peacock Award for Sustainability.
- Granules India received approval from the US health regulator to market a generic medication to treat major depressive disorder.
- The company received approval from the US Food & Drug Administration for Bupropion Hydrochloride extended-release tablets USP (SR) in strength of 100 mg, 150 mg, and 200 mg.
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