Grovy India Ltd
Incorporated in 1985, Grovy India Ltd is in the business of construction and trading.[1]
- Market Cap ₹ 62.7 Cr.
- Current Price ₹ 47.0
- High / Low ₹ 58.8 / 37.0
- Stock P/E 17.9
- Book Value ₹ 16.5
- Dividend Yield 0.20 %
- ROCE 7.63 %
- ROE 9.12 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.86 times its book value
- The company has delivered a poor sales growth of 7.31% over past five years.
- Company has a low return on equity of 6.97% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.40 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.17 | 3.93 | 7.51 | 9.16 | 12.30 | 8.77 | 17.86 | 13.29 | 21.54 | 20.92 | 19.55 | 25.42 | 46.26 | |
| 0.26 | 3.74 | 7.40 | 9.21 | 12.14 | 8.66 | 18.96 | 12.98 | 20.92 | 19.62 | 18.45 | 23.42 | 42.11 | |
| Operating Profit | -0.09 | 0.19 | 0.11 | -0.05 | 0.16 | 0.11 | -1.10 | 0.31 | 0.62 | 1.30 | 1.10 | 2.00 | 4.15 |
| OPM % | -52.94% | 4.83% | 1.46% | -0.55% | 1.30% | 1.25% | -6.16% | 2.33% | 2.88% | 6.21% | 5.63% | 7.87% | 8.97% |
| 0.12 | 0.00 | 0.00 | 0.19 | 0.03 | 0.01 | -0.19 | 1.27 | 0.60 | 0.25 | 0.69 | 0.94 | 1.40 | |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.04 | 0.10 | 0.03 | 0.28 | 0.40 | 0.47 | 0.89 |
| Depreciation | 0.00 | 0.02 | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 | 0.03 | 0.07 | 0.05 | 0.06 | 0.07 | 0.06 |
| Profit before tax | 0.03 | 0.17 | 0.07 | 0.10 | 0.16 | 0.10 | -1.34 | 1.45 | 1.12 | 1.22 | 1.33 | 2.40 | 4.60 |
| Tax % | 33.33% | 17.65% | 42.86% | 40.00% | 25.00% | 30.00% | 0.00% | 1.38% | 4.46% | 25.41% | 24.81% | 25.00% | |
| 0.02 | 0.14 | 0.05 | 0.06 | 0.12 | 0.07 | -1.34 | 1.44 | 1.08 | 0.91 | 1.00 | 1.79 | 3.50 | |
| EPS in Rs | 0.04 | 0.25 | 0.09 | 0.11 | 0.21 | 0.12 | -1.33 | 1.43 | 1.07 | 0.68 | 0.75 | 1.34 | 2.61 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 23.33% | 11.67% | 35.86% | 0.00% | 1.74% | 2.32% | 3.66% | 3.33% | 7.45% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| TTM: | 291% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 23% |
| 3 Years: | 18% |
| TTM: | 17600% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 10% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 2.51 | 2.51 | 2.51 | 2.51 | 3.33 | 3.33 | 13.34 | 13.34 |
| Reserves | 1.48 | 1.62 | 1.67 | 1.86 | 1.99 | 7.77 | 6.39 | 8.08 | 9.20 | 14.26 | 15.52 | 7.08 | 8.68 |
| 5.27 | 7.38 | 5.58 | 4.55 | 5.35 | 6.97 | 8.27 | 6.01 | 6.67 | 10.21 | 11.36 | 24.62 | 16.49 | |
| 0.00 | 0.04 | 0.09 | 0.33 | 0.16 | 0.14 | 2.03 | 0.15 | 0.01 | 7.34 | 0.18 | 3.52 | 11.21 | |
| Total Liabilities | 8.15 | 10.44 | 8.74 | 8.14 | 8.90 | 17.39 | 19.20 | 16.75 | 18.39 | 35.14 | 30.39 | 48.56 | 49.72 |
| 0.02 | 0.10 | 0.13 | 0.15 | 0.12 | 0.10 | 0.04 | 0.22 | 0.16 | 0.11 | 0.21 | 0.15 | 0.14 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.37 | 0.02 | 3.49 | 0.19 | 0.23 | 0.26 | 0.26 | 0.67 | 0.63 | 0.81 | 1.35 | 0.77 | 1.85 |
| 7.76 | 10.32 | 5.12 | 7.80 | 8.55 | 17.03 | 18.90 | 15.86 | 17.60 | 34.22 | 28.83 | 47.64 | 47.73 | |
| Total Assets | 8.15 | 10.44 | 8.74 | 8.14 | 8.90 | 17.39 | 19.20 | 16.75 | 18.39 | 35.14 | 30.39 | 48.56 | 49.72 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4.07 | 0.00 | 0.01 | -2.91 | -0.90 | -3.78 | -1.07 | 0.72 | -0.39 | -8.42 | -0.43 | -13.42 | |
| -0.27 | 0.00 | 0.00 | 3.38 | -0.02 | 2.98 | 0.96 | -0.28 | 0.12 | -0.17 | -0.30 | 0.76 | |
| 4.45 | 0.00 | 0.00 | -1.03 | 0.79 | -0.02 | -0.03 | 0.03 | 0.30 | 8.08 | 0.72 | 12.66 | |
| Net Cash Flow | 0.11 | 0.00 | 0.00 | -0.56 | -0.13 | -0.82 | -0.15 | 0.46 | 0.03 | -0.51 | -0.01 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 4.12 | 0.17 | 0.00 | 37.53 | 50.69 |
| Inventory Days | 12,345.59 | 915.51 | 201.98 | 299.66 | 148.40 | 643.78 | 780.97 | 465.29 | 563.81 | |||
| Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.73 | 4.66 | 0.00 | |||
| Cash Conversion Cycle | 12,345.59 | 915.51 | 201.98 | 299.66 | 148.40 | 643.78 | 774.86 | 464.76 | 563.98 | 0.00 | 37.53 | 50.69 |
| Working Capital Days | 4,959.71 | 258.19 | -64.64 | 107.99 | 87.54 | 404.95 | 174.94 | 255.42 | 183.69 | 357.15 | 335.69 | 318.48 |
| ROCE % | -0.51% | 1.83% | 0.84% | 1.22% | 1.93% | 0.77% | -12.96% | 9.12% | 6.58% | 6.50% | 5.79% | 7.63% |
Documents
Announcements
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Board Meeting Outcome for Meeting Of Board Held On 09Th December , 2025 In Accordance With The Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended
1d - Appointed Ms. Simran Rajput as Company Secretary and Compliance Officer effective 09 December 2025.
-
Appointment of Company Secretary and Compliance Officer
1d - Appointment of Ms. Simran Rajput as Company Secretary & Compliance Officer effective 09-Dec-2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
3 Dec - 03-Dec-2025: Grovy India acquires ~15,000 sq.ft premium residential project in Greater Kailash-I, New Delhi.
-
Announcement under Regulation 30 (LODR)-Cessation
17 Nov - Ms. Megha Mishra removed as Company Secretary/Compliance Officer on 17.11.2025; Prakash C. Jalan interim compliance officer.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Publication of unaudited financial result for the quarter and half-year ended 30th September 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Concalls
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Nov 2022TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
Business Overview:[1]
GIL is a Real Estate and Infrastructure
Development and Consultancy company.
It has completed 100+ projects for over 500
customers. The company has established itself
as the creators of ‘Boutique Properties'