Grovy India Ltd
Incorporated in 1985, Grovy India Ltd is in the business of construction and trading.[1]
- Market Cap ₹ 58.8 Cr.
- Current Price ₹ 44.1
- High / Low ₹ 52.8 / 32.0
- Stock P/E 20.3
- Book Value ₹ 17.3
- Dividend Yield 0.23 %
- ROCE 10.2 %
- ROE 13.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.55 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.2.15 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.93 | 7.51 | 9.16 | 12.30 | 8.77 | 17.86 | 13.29 | 21.54 | 20.92 | 19.55 | 25.42 | 33.20 | |
| 3.74 | 7.40 | 9.21 | 12.14 | 8.66 | 18.96 | 12.98 | 20.92 | 19.62 | 18.45 | 23.42 | 30.57 | |
| 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 |
| 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% |
| 0.00 | 0.00 | 0.19 | 0.03 | 0.01 | -0.19 | 1.27 | 0.60 | 0.25 | 0.69 | 0.94 | 2.15 | |
| 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 |
| 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 |
| 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 |
| 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 | |
| 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 |
| Dividend Payout % | 0.00% | 0.00% | 23.33% | 11.67% | 35.86% | 0.00% | 1.74% | 2.32% | 3.66% | 3.33% | 7.45% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 20% |
| 3 Years: | 17% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 50% |
| 5 Years: | 15% |
| 3 Years: | 47% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 40% |
| 3 Years: | 23% |
| 1 Year: | -5% |
| 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 | 24.96 | |
| 0.04 | 0.09 | 0.33 | 0.16 | 0.14 | 2.03 | 0.15 | 0.01 | 7.34 | 0.18 | 3.52 | 25.33 | |
| 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 | 747.69 | |||
| Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.73 | 4.66 | 0.00 | 0.25 | |||
| 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 | 758.76 |
| 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% | 10.17% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Dec 2023 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory Value (Property under Construction) INR Lakhs |
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| Area Under Development (Ongoing Projects) Sq. Ft. |
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| Number of Permanent Employees Number |
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| Total Completed Projects (Since Inception) Number |
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| Total Satisfied Customers Number |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of The Restructuring Of The Senior Management And Leadership Framework Of The Company, Including Consequential Changes In The Composition Of The Board And Key Managerial Personnel.
1d - Board meets June 12, 2026 to approve leadership reshuffle and director/KMP changes.
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Board Meeting Outcome for Board Meeting Outcome For Meeting Of Board Held On 09Th June 2026.
1d - Board approved 41.69 lakh shares preferential issue at ₹36, raising up to ₹15.01 crore; AGM July 8.
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Board Meeting Intimation for Consideration And Approval Of Proposal Of Issuance, Recommendation Of The Final Dividend And Others As Mentioned.
4 Jun - Board meets June 9, 2026 to consider fund issuance, 1% dividend, AGM, and capital increase.
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Closure of Trading Window
1 Jun - Trading window closed from 2 June 2026 until 48 hours after board meeting outcome.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 May - Grovy India acquired a premium 15,000 sq. ft. residential project in Defence Colony, New Delhi.
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
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Financial Year 2012
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Concalls
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Apr 2026TranscriptAI SummaryPPT
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Jan 2026TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Feb 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'