InvestorQ : Can you tell me about the proposed expansion plans laid out by Granules India?
NISHA Nayak made post

Can you tell me about the proposed expansion plans laid out by Granules India?

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Priyanka N answered.
4 weeks ago
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Granules India has earmarked Rs.1000 crore for capital expenditure to be spent over next 3 years for expansion of operations. Granules will invest Rs.400 crore in FY22 and Rs.600 crore in FY23 and FY24 combined. As part of the plan, Granules will expand its API capacity as well the capacity to manufacture generic paracetamol and metformin. Granules projects 15-20% growth in revenues in FY22 with net margins at around 18%.

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