GRANULES

Market Cap: ₹11,392 crore. P/E Ratio (TTM): approximately 23.8×. Price-to-Book (P/B): 3.3×, with Book Value around ₹153. Return Metrics: ROE: 13.9% ROCE: 15.1% Dividend: Latest dividend was ₹1.5 on July 31, 2025, yielding about 0.32% Shareholding (as of June 30, 2025): Promoters: 38.82% (no shares pledged) FIIs: 13.24% (down from 15.14%) DIIs: 23.52% (up from 22.45%)—including mutual funds at 12.24%.