Granules India Limited

33.2%

ighlights Income from Operations Gross Profit and Margins EBITDA and EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21

42.7%

om Operations Gross Profit and Margins EBITDA and EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY

57.3%

Gross Profit and Margins EBITDA and EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PA

53.5%

and Margins EBITDA and EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins

102.1%

gins EBITDA and EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2%

25.3%

d EBITDA Margins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2% 1,276 923 16

16.7%

gins (In ₹ Mn) 33.2% 7,993 5,999 42.7% 4,578 57.3% 3,208 53.5% 102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2% 1,276 923 16.0% 15.4%

38.2%

102.1% 2,020 25.3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2% 1,276 923 16.0% 15.4% Q4FY20 Q4FY21 • Income growth driven by new launches and increase in

16.0%

3% 999 16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2% 1,276 923 16.0% 15.4% Q4FY20 Q4FY21 • Income growth driven by new launches and increase in market penetration

15.4%

16.7% Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 PAT and Margins 38.2% 1,276 923 16.0% 15.4% Q4FY20 Q4FY21 • Income growth driven by new launches and increase in market penetration of exis

24.6%

pprovals for 6 ANDAs, 1 EU dossier and 1 Canadian dossier 3 FY21 - Financial Highlights Revenue 24.6% 32,375 25,986 FY20 FY21 PAT and PAT Margin 5,495 63.8% 3,354 12.9% 17.0% 1.55 Gross Pr

63.8%

FY21 - Financial Highlights Revenue 24.6% 32,375 25,986 FY20 FY21 PAT and PAT Margin 5,495 63.8% 3,354 12.9% 17.0% 1.55 Gross Profit and Gross Profit Margin EBITDA and EBITDA Margins 40.1%

Note

1

Note

27.4% ROCE = [EBIT/Avg. Capital Employed (Total assets- current liabilities]; JV income is not incl. in Mar19 and Mar20; FCF= CF from operating activities - Capex Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 10 Improving returns; focus on FCF generation: 5-year trajectory (2/2)  Gross Debt reduced on account of reduction of our long-term loans by INR 830 Mn, while our short-term loans went up due to our increase in inventory build-up for new launches  Net Debt reduced mainly on account of better realisations of receivables and factoring some part of our receivables at competitive rates  Cash-to-cash cycle increased to 117 days mainly on account of increase in inventories which we are consciously building on account of new launches and also to tide over any crisis due to COVID second wave  Operational cashflow for the year at INR 4,325 Mn mainly on account of increase in working capital changes for the increased business and also increase in inventory build-