Grill Splendour Services Ltd
Incorporated in 2019, Grill Splendour
Services Ltd provides restaurant and
café services[1]
- Market Cap ₹ 58.5 Cr.
- Current Price ₹ 112
- High / Low ₹ 119 / 66.1
- Stock P/E
- Book Value ₹ 44.4
- Dividend Yield 0.00 %
- ROCE -24.5 %
- ROE -34.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 36.6%
- Company has a low return on equity of -17.0% over last 3 years.
- Debtor days have increased from 37.1 to 72.9 days.
* 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 Consumer Services Leisure Services Restaurants
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 8.25 | 11.50 | 15.29 | 13.47 | 10.26 | |
| 8.13 | 11.25 | 12.40 | 12.76 | 15.51 | |
| Operating Profit | 0.12 | 0.25 | 2.89 | 0.71 | -5.25 |
| OPM % | 1.45% | 2.17% | 18.90% | 5.27% | -51.17% |
| 0.01 | 0.02 | 0.02 | 0.02 | 0.05 | |
| Interest | 0.10 | 0.11 | 0.23 | 0.76 | 0.41 |
| Depreciation | 0.06 | 0.12 | 0.16 | 0.20 | 0.48 |
| Profit before tax | -0.03 | 0.04 | 2.52 | -0.23 | -6.09 |
| Tax % | 0.00% | 0.00% | 20.63% | 4.35% | -22.00% |
| -0.04 | 0.03 | 1.99 | -0.24 | -4.75 | |
| EPS in Rs | -40.00 | 30.00 | 1,990.00 | -0.63 | -9.12 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| TTM: | -24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1879% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 70% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -17% |
| Last Year: | -35% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 3.84 | 5.21 |
| Reserves | -0.03 | 0.01 | 2.00 | 0.26 | 17.89 |
| 0.97 | 1.34 | 3.00 | 15.49 | 3.63 | |
| 1.71 | 1.54 | 2.63 | 2.60 | 2.68 | |
| Total Liabilities | 2.66 | 2.90 | 7.64 | 22.19 | 29.41 |
| 0.95 | 1.15 | 1.40 | 1.77 | 6.82 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.71 | 1.75 | 6.24 | 20.42 | 22.59 | |
| Total Assets | 2.66 | 2.90 | 7.64 | 22.19 | 29.41 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.32 | 0.03 | 2.35 | -0.12 | -3.42 | |
| -0.74 | -0.29 | -2.91 | -15.65 | -5.75 | |
| 0.40 | 0.26 | 1.47 | 15.52 | 11.42 | |
| Net Cash Flow | -0.02 | 0.00 | 0.91 | -0.24 | 2.25 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 4.87 | 3.81 | 15.76 | 22.49 | 72.93 |
| Inventory Days | 40.56 | 24.68 | 22.05 | 21.21 | 15.63 |
| Days Payable | 134.70 | 87.39 | 143.35 | 207.61 | 138.34 |
| Cash Conversion Cycle | -89.28 | -58.91 | -105.54 | -163.92 | -49.78 |
| Working Capital Days | -15.04 | -4.13 | -2.39 | 19.51 | 8.18 |
| ROCE % | 12.99% | 86.34% | 4.31% | -24.53% |
Documents
Announcements
-
Outcome of Board Meeting
31 May 2025 - Grill Splendour Services reports audited FY25 results with net loss; auditor's unmodified opinion; fund utilization certified.
-
Outcome of Board Meeting
30 May 2025 - Board meeting deferred to May 31; audited results and trading window closure extended accordingly.
-
Disclosure under SEBI Takeover Regulations
29 May 2025 - Srinidhi V Rao has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
-
Structural Digital Database
28 May 2025 - Submission of SDD Compliance Certificate for year ended March 31, 2025 as per SEBI regulations.
-
Board Meeting Intimation
26 May 2025 - GRILL SPLENDOUR SERVICES LIMITED has informed about Board Meeting to be held on 30-May-2025 to inter-alia consider and approve the Audited Financial results of the …
Business Overview:[1]
a) GSSL is in the business of restaurant and café services and specializes in Cakes & Pastries, Snacks, Chocolates, and other food items.
b) It operates a chain of gourmet Bakery and Pâtisserie spread across Mumbai through 26 retail stores, a centralized production facility and multiple corporate clients.
c) Out of 26 retail stores, 5 stores are running under the franchisee model (franchisee owned, and company operated) and rest 21 stores are owned by the company