Grill Splendour Services Ltd
Incorporated in 2019, Grill Splendour
Services Ltd provides restaurant and
café services[1]
- Market Cap ₹ 88.7 Cr.
- Current Price ₹ 141
- High / Low ₹ 154 / 100
- Stock P/E
- Book Value ₹ 40.2
- 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 has decreased over last quarter: -2.32%
- Promoter holding is low: 30.2%
- 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
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 8.25 | 11.50 | 15.29 | 13.47 | 10.26 | 10.82 | |
| 8.13 | 11.25 | 12.40 | 12.76 | 15.51 | 18.25 | |
| Operating Profit | 0.12 | 0.25 | 2.89 | 0.71 | -5.25 | -7.43 |
| OPM % | 1.45% | 2.17% | 18.90% | 5.27% | -51.17% | -68.67% |
| 0.01 | 0.02 | 0.02 | 0.02 | 0.05 | 0.06 | |
| Interest | 0.10 | 0.11 | 0.23 | 0.76 | 0.41 | 0.40 |
| Depreciation | 0.06 | 0.12 | 0.16 | 0.20 | 0.48 | 0.62 |
| Profit before tax | -0.03 | 0.04 | 2.52 | -0.23 | -6.09 | -8.39 |
| Tax % | 0.00% | 0.00% | 20.63% | 4.35% | -22.00% | |
| -0.04 | 0.03 | 1.99 | -0.24 | -4.75 | -6.54 | |
| EPS in Rs | -40.00 | 30.00 | 1,990.00 | -0.63 | -9.12 | -12.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -175% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 34% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 3.84 | 5.21 | 5.66 |
| Reserves | -0.03 | 0.01 | 2.00 | 0.26 | 17.89 | 17.09 |
| 0.97 | 1.34 | 3.00 | 15.49 | 3.63 | 3.20 | |
| 1.71 | 1.54 | 2.63 | 2.60 | 2.68 | 2.47 | |
| Total Liabilities | 2.66 | 2.90 | 7.64 | 22.19 | 29.41 | 28.42 |
| 0.95 | 1.15 | 1.40 | 1.77 | 6.82 | 7.76 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.71 | 1.75 | 6.24 | 20.42 | 22.59 | 20.66 | |
| Total Assets | 2.66 | 2.90 | 7.64 | 22.19 | 29.41 | 28.42 |
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 |
| Free Cash Flow | -0.32 | -0.29 | 1.93 | -0.69 | -8.95 |
| CFO/OP | 267% | 12% | 81% | -15% | 91% |
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 | 19.21 |
| Days Payable | 134.70 | 87.39 | 143.35 | 207.61 | 170.01 |
| Cash Conversion Cycle | -89.28 | -58.91 | -105.54 | -163.92 | -77.87 |
| Working Capital Days | -29.20 | -9.84 | -26.02 | -320.83 | -17.43 |
| ROCE % | 12.99% | 86.34% | 4.31% | -24.53% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Centralized Production Facilities Number |
|
||
| Company Owned Stores Number |
|||
| Franchisee Model Stores Number |
|||
| Total Retail Stores Number |
|||
| Total Permanent Employees Number |
|||
Extracted by Screener AI
Documents
Announcements
-
Updates
15 April 2026 - Company states corporate governance provisions and Q4 FY26 report are not applicable under SME exchange exemption.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no rematerialisation requests.
-
Disclosure under SEBI Takeover Regulations
2 April 2026 - 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, …
-
Trading Window
25 March 2026 - Trading window closed from Apr 1, 2026 until 48 hours after FY26 results.
-
Updates
16 March 2026 - Grill Splendour authorizes four KMPs for materiality/disclosures, provides contact details; dated March 16, 2026.
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