Grovy India Ltd

Grovy India Ltd

₹ 53.5 -1.09%
29 Jul 3:04 p.m.
About

Incorporated in 1985, Grovy India Ltd is in the business of development/construction in real estate and dealing/trading in the financial market.[1]

Key Points

Business Overview:[1]
Grovy India Limited is a real estate developer with over 40 years of experience, specializing in premium residential redevelopment projects across South Delhi and Lutyens Delhi. Over the years, it has delivered 150+ projects and served 1,500+ families.

  • Market Cap 71.3 Cr.
  • Current Price 53.5
  • High / Low 63.7 / 32.0
  • Stock P/E 19.2
  • Book Value 17.3
  • Dividend Yield 0.19 %
  • ROCE 10.2 %
  • ROE 13.3 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.13 times its book value
  • Company has a low return on equity of 9.48% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2.20 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
4.49 5.61 5.94 3.51 1.26 1.11 19.65 3.40 8.25 14.96 3.00 6.99 27.50
4.25 4.84 5.84 3.51 1.50 1.21 17.25 3.48 6.79 14.59 2.83 6.37 24.82
Operating Profit 0.24 0.77 0.10 -0.00 -0.24 -0.10 2.40 -0.08 1.46 0.37 0.17 0.62 2.68
OPM % 5.35% 13.73% 1.68% -0.00% -19.05% -9.01% 12.21% -2.35% 17.70% 2.47% 5.67% 8.87% 9.75%
0.06 0.14 0.14 0.34 0.02 0.14 0.05 0.74 0.04 0.57 0.63 0.91 0.09
Interest 0.07 0.05 0.03 0.26 0.01 -0.00 0.03 0.42 0.02 0.42 0.05 0.36 0.22
Depreciation 0.01 0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.22 0.85 0.19 0.06 -0.25 0.02 2.40 0.22 1.47 0.51 0.74 1.16 2.54
Tax % 27.27% 25.88% 15.79% 33.33% -0.00% -0.00% 24.17% 9.09% 25.85% 25.49% 27.03% 23.28% 25.20%
0.17 0.63 0.17 0.04 -0.25 0.02 1.82 0.20 1.10 0.38 0.54 0.89 1.90
EPS in Rs 0.13 0.47 0.13 0.03 -0.19 0.02 1.36 0.15 0.82 0.28 0.40 0.67 1.42
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3.93 7.51 9.16 12.30 8.77 17.86 13.29 21.54 20.92 19.55 25.42 33.20 52.45
3.74 7.40 9.21 12.14 8.66 18.96 12.98 20.92 19.62 18.45 23.42 30.57 48.61
Operating Profit 0.19 0.11 -0.05 0.16 0.11 -1.10 0.31 0.62 1.30 1.10 2.00 2.63 3.84
OPM % 4.83% 1.46% -0.55% 1.30% 1.25% -6.16% 2.33% 2.88% 6.21% 5.63% 7.87% 7.92% 7.32%
-0.00 -0.00 0.19 0.03 0.01 -0.19 1.27 0.60 0.25 0.69 0.94 2.15 2.20
Interest -0.00 0.01 -0.00 -0.00 -0.00 0.04 0.10 0.03 0.28 0.40 0.47 0.86 1.05
Depreciation 0.02 0.03 0.04 0.03 0.02 0.01 0.03 0.07 0.05 0.06 0.07 0.05 0.04
Profit before tax 0.17 0.07 0.10 0.16 0.10 -1.34 1.45 1.12 1.22 1.33 2.40 3.87 4.95
Tax % 17.65% 42.86% 40.00% 25.00% 30.00% -0.00% 1.38% 4.46% 25.41% 24.81% 25.00% 25.06%
0.14 0.05 0.06 0.12 0.07 -1.34 1.44 1.08 0.91 1.00 1.79 2.90 3.71
EPS in Rs 0.25 0.09 0.11 0.21 0.12 -1.33 1.43 1.07 0.68 0.75 1.34 2.17 2.77
Dividend Payout % -0.00% -0.00% 23.33% 11.67% 35.86% -0.00% 1.74% 2.32% 3.66% 3.33% 7.45% 4.60%
Compounded Sales Growth
10 Years: 16%
5 Years: 20%
3 Years: 17%
TTM: 62%
Compounded Profit Growth
10 Years: 50%
5 Years: 15%
3 Years: 47%
TTM: 18%
Stock Price CAGR
10 Years: 19%
5 Years: 39%
3 Years: 36%
1 Year: 29%
Return on Equity
10 Years: 6%
5 Years: 9%
3 Years: 9%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 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 1.62 1.67 1.86 1.99 7.77 6.39 8.08 9.20 14.26 15.52 7.08 9.72
7.38 5.58 4.55 5.35 6.97 8.27 6.01 6.67 10.21 11.36 24.62 24.97
0.04 0.09 0.33 0.16 0.14 2.03 0.15 0.01 7.34 0.18 3.52 25.32
Total Liabilities 10.44 8.74 8.14 8.90 17.39 19.20 16.75 18.39 35.14 30.39 48.56 73.35
0.10 0.13 0.15 0.12 0.10 0.04 0.22 0.16 0.11 0.21 0.15 0.11
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
Investments 0.02 3.49 0.19 0.23 0.26 0.26 0.67 0.63 0.81 1.35 0.77 0.59
10.32 5.12 7.80 8.55 17.03 18.90 15.86 17.60 34.22 28.83 47.64 72.65
Total Assets 10.44 8.74 8.14 8.90 17.39 19.20 16.75 18.39 35.14 30.39 48.56 73.35

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.00 0.01 -2.91 -0.90 -3.78 -1.07 0.72 -0.39 -8.42 -0.43 -13.42 0.43
-0.00 -0.00 3.38 -0.02 2.98 0.96 -0.28 0.12 -0.17 -0.30 0.76 0.80
-0.00 -0.00 -1.03 0.79 -0.02 -0.03 0.03 0.30 8.08 0.72 12.66 -1.22
Net Cash Flow -0.00 -0.00 -0.56 -0.13 -0.82 -0.15 0.46 0.03 -0.51 -0.01 -0.00 -0.00
Free Cash Flow -0.00 0.01 -2.91 -0.90 -3.78 -0.08 0.51 -0.39 -8.43 -0.54 -13.44 0.42
CFO/OP -0% 9% 5,760% -538% -3,391% 95% 232% -45% -641% -6% -641% 54%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days -0.00 -0.00 -0.00 -0.00 -0.00 0.61 4.12 0.17 -0.00 37.53 50.69 11.32
Inventory Days 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 6.73 4.66 -0.00
Cash Conversion Cycle 915.51 201.98 299.66 148.40 643.78 774.86 464.76 563.98 -0.00 37.53 50.69 11.32
Working Capital Days 258.19 -64.64 107.99 87.54 404.95 174.94 255.42 183.69 357.15 335.69 318.48 272.32
ROCE % 1.83% 0.84% 1.22% 1.93% 0.77% -12.96% 9.12% 6.58% 6.50% 5.79% 7.63% 10.16%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total Constructed Area - Completed Projects (Listed in Operations Review)
sq ft

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Number of Ongoing Projects
count
Number of Pipeline Projects
count
Total Constructed Area - Ongoing Projects
sq ft
Total Constructed Area - Pipeline Projects
sq ft
Cumulative Projects Delivered (All-time)
projects
Cumulative Satisfied Customers (Families)
families
Number of Active South Delhi Micro-Market Locations
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 73.00% 73.00% 73.00%
27.42% 27.42% 27.42% 27.42% 27.41% 27.41% 27.42% 27.42% 27.42% 27.00% 27.00% 26.99%
No. of Shareholders 5905735407471,2724,4003,7323,4663,3903,0893,0082,967

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