GRM Overseas Ltd
GRM Overseas Ltd is primarily engaged in the business of milling, processing and marketing of branded and non-branded basmati rice in the domestic and overseas market.[1]
- Market Cap ₹ 861 Cr.
- Current Price ₹ 143
- High / Low ₹ 231 / 113
- Stock P/E 19.3
- Book Value ₹ 46.2
- Dividend Yield 0.31 %
- ROCE 15.7 %
- ROE 23.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.5%
- Company has been maintaining a healthy dividend payout of 32.3%
Cons
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.24.4 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
Sector: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
237 | 270 | 422 | 568 | 355 | 591 | 924 | 1,068 | 739 | 748 | 1,098 | 1,262 | 1,180 | |
225 | 258 | 406 | 544 | 341 | 571 | 889 | 1,026 | 687 | 690 | 1,013 | 1,177 | 1,117 | |
Operating Profit | 12 | 12 | 16 | 24 | 14 | 20 | 35 | 42 | 52 | 59 | 85 | 86 | 63 |
OPM % | 5% | 4% | 4% | 4% | 4% | 3% | 4% | 4% | 7% | 8% | 8% | 7% | 5% |
-0 | 0 | -0 | -0 | 0 | -0 | 0 | 1 | 13 | 5 | 37 | 12 | 24 | |
Interest | 7 | 7 | 7 | 14 | 9 | 10 | 15 | 16 | 14 | 12 | 13 | 19 | 20 |
Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 |
Profit before tax | 4 | 4 | 7 | 8 | 3 | 8 | 18 | 25 | 48 | 49 | 106 | 75 | 63 |
Tax % | 33% | 33% | 33% | 42% | 34% | 34% | 35% | 35% | 24% | 25% | 26% | 28% | |
2 | 3 | 5 | 5 | 2 | 6 | 12 | 16 | 36 | 37 | 79 | 54 | 45 | |
EPS in Rs | 0.43 | 0.50 | 0.88 | 0.83 | 0.37 | 1.01 | 2.12 | 2.94 | 6.55 | 6.20 | 13.14 | 8.93 | 7.43 |
Dividend Payout % | 31% | 27% | 15% | 0% | 0% | 0% | 16% | 11% | 5% | 22% | 70% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 6% |
3 Years: | 20% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 36% |
3 Years: | 14% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | 52% |
5 Years: | 57% |
3 Years: | 5% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 29% |
5 Years: | 33% |
3 Years: | 32% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 12 | 12 | 12 |
Reserves | 20 | 22 | 26 | 31 | 33 | 38 | 50 | 64 | 98 | 135 | 192 | 243 | 265 |
78 | 99 | 143 | 155 | 132 | 198 | 292 | 348 | 210 | 188 | 331 | 407 | 189 | |
11 | 11 | 38 | 55 | 15 | 59 | 64 | 62 | 60 | 90 | 119 | 99 | 69 | |
Total Liabilities | 113 | 136 | 211 | 244 | 183 | 299 | 410 | 478 | 372 | 416 | 655 | 761 | 536 |
18 | 18 | 22 | 22 | 21 | 21 | 21 | 31 | 37 | 35 | 36 | 37 | 36 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 0 | 2 | 2 |
95 | 118 | 189 | 222 | 162 | 278 | 387 | 442 | 333 | 380 | 618 | 722 | 498 | |
Total Assets | 113 | 136 | 211 | 244 | 183 | 299 | 410 | 478 | 372 | 416 | 655 | 761 | 536 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | -14 | -26 | 1 | 46 | -67 | -77 | -23 | 161 | 34 | -113 | -52 | |
-1 | -0 | -5 | -3 | -1 | -2 | -3 | -15 | -6 | -1 | -4 | -6 | |
-3 | 13 | 36 | -3 | -32 | 56 | 78 | 38 | -155 | -33 | 119 | 56 | |
Net Cash Flow | 2 | -1 | 5 | -5 | 13 | -13 | -1 | 1 | 0 | 0 | 2 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 96 | 47 | 83 | 85 | 46 | 74 | 93 | 135 | 134 | 134 | 116 |
Inventory Days | 96 | 69 | 124 | 68 | 77 | 146 | 90 | 63 | 33 | 56 | 79 | 108 |
Days Payable | 16 | 12 | 35 | 34 | 14 | 18 | 24 | 16 | 21 | 27 | 32 | 25 |
Cash Conversion Cycle | 139 | 153 | 137 | 117 | 148 | 174 | 140 | 140 | 147 | 164 | 182 | 198 |
Working Capital Days | 125 | 143 | 123 | 107 | 137 | 135 | 128 | 129 | 135 | 141 | 165 | 180 |
ROCE % | 11% | 10% | 10% | 12% | 7% | 9% | 11% | 10% | 17% | 19% | 28% | 16% |
Documents
Announcements
- Submission Of Certificate Under Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024 6h
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr
- Submission Of Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024 10 Apr
- Closure of Trading Window 28 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Mar
Annual reports
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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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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Apr 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
Product Portfolio
The product portfolio of the company includes a rice range of Zarda King Golden Sella, Biryani King, Premium Biryani Steam, Regular Range Steam, and a few more also it offers Shakti Chakki Frresh Atta and biryani kits like Moradbadi, Hyderabadi, Lucknowi, etc. in ready to cook range. [1] [2]