Granules India Q2 FY27 release: net cash of ₹8,280 million, ROCE 17.6%, North America share slips to 72%
Granules India ended Q2 FY27 in net cash of ₹8,280 million, from net debt of ₹1,012 million in Q1 FY27.
By ScoutQuest · · 1 min read
- Net cash position
- ₹8,280 million, from net debt of ₹1,012 million in Q1 FY27
- EBITDA
- 3,376 (INR Mn) (up 21% YoY)
- EBITDA margin
- 22% in Q2FY27, down from 23% in Q1FY27 but above 21% in Q2FY26
- Release
- Results press release
- Period
- Q2 FY27
_Consolidated · Q2 FY27_
📊 EBITDA, Q2FY27: 3,376 (INR Mn) (up 21% YoY)
💰 ROCE was 17.6% in Q2FY27, in par with FY26.
📈 EBITDA margin was 22% in Q2FY27, down from 23% in Q1FY27 but above 21% in Q2FY26. Granules cites higher input and logistics costs from tensions in West Asia and says cost pressures will persist.
📊 Finished dosages contributed 73% of Q2FY27 revenue and API 13%, with PFI and Peptides CDMO making up the rest.
📌 EBITDA margin fell to 22% in Q2FY27 from 23% in Q1FY27, though it rose from 21% in Q2FY26.
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More numbers
- Revenue from operations, Q2FY2715,600 (INR Mn)
- EBITDA, Q2FY273,376 (INR Mn)
- PBT, Q2FY272,434 (INR Mn)
- PAT, Q2FY271,818 (INR Mn)
- EBITDA margin, Q2FY2722%
- ROCE, Q2FY2717.6%
- Net cash position, Q2FY27₹8,280 million
- Net debt, Q1 FY27₹1,012 million
- North America revenue share, Q2FY2772%
- Europe revenue share, Q2FY2716%
- Finished dosages revenue share, Q2FY2773%
- API revenue share, Q2FY2713%
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