GRM Overseas Ltd
₹ 404
3.62%
08 Oct
- close price
About
Incorporated in 1995, GRM Overseas Ltd is in the business of milling, processing and marketing of branded /nonbranded basmati rice in the domestic and overseas market[1]
Key Points
- Market Cap ₹ 2,482 Cr.
- Current Price ₹ 404
- High / Low ₹ 407 / 176
- Stock P/E 39.8
- Book Value ₹ 70.9
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 16.0 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 19.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.59%
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.28.5 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.
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 355 | 591 | 943 | 1,107 | 749 | 770 | 1,134 | 1,379 | 1,312 | 1,347 | 1,305 | |
| 341 | 571 | 908 | 1,072 | 702 | 702 | 1,041 | 1,281 | 1,240 | 1,267 | 1,225 | |
| Operating Profit | 14 | 20 | 35 | 35 | 48 | 67 | 93 | 98 | 72 | 80 | 80 |
| OPM % | 4% | 3% | 4% | 3% | 6% | 9% | 8% | 7% | 6% | 6% | 6% |
| 0 | -0 | 0 | 1 | 13 | 6 | 37 | 13 | 33 | 26 | 28 | |
| Interest | 9 | 10 | 15 | 16 | 14 | 12 | 13 | 20 | 21 | 18 | 20 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 3 | 3 |
| Profit before tax | 3 | 8 | 18 | 18 | 43 | 59 | 114 | 87 | 80 | 85 | 86 |
| Tax % | 34% | 34% | 35% | 49% | 26% | 23% | 26% | 28% | 25% | 28% | |
| 2 | 6 | 12 | 9 | 32 | 45 | 85 | 63 | 61 | 61 | 62 | |
| EPS in Rs | 0.37 | 1.01 | 2.15 | 1.64 | 5.74 | 7.65 | 13.97 | 10.45 | 9.96 | 10.10 | 10.31 |
| Dividend Payout % | 0% | 0% | 0% | 20% | 6% | 17% | 66% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 6% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -10% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 80% |
| 3 Years: | 1% |
| 1 Year: | 65% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 20% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 12 | 12 | 12 | 12 |
| Reserves | 33 | 38 | 50 | 57 | 86 | 131 | 194 | 262 | 319 | 414 |
| 132 | 198 | 292 | 348 | 210 | 188 | 338 | 413 | 393 | 364 | |
| 15 | 60 | 100 | 83 | 59 | 92 | 123 | 97 | 46 | 121 | |
| Total Liabilities | 183 | 300 | 446 | 492 | 359 | 415 | 667 | 784 | 770 | 911 |
| 21 | 21 | 21 | 31 | 38 | 36 | 37 | 39 | 37 | 40 | |
| CWIP | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 12 | 9 | 11 |
| 162 | 279 | 425 | 459 | 321 | 379 | 628 | 733 | 725 | 860 | |
| Total Assets | 183 | 300 | 446 | 492 | 359 | 415 | 667 | 784 | 770 | 911 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 46 | -67 | -77 | -21 | 162 | 35 | -116 | -89 | 47 | 62 | |
| -1 | -2 | -2 | -15 | -7 | -1 | -6 | -5 | -4 | -8 | |
| -32 | 56 | 78 | 38 | -155 | -33 | 125 | 89 | -39 | -12 | |
| Net Cash Flow | 13 | -13 | -1 | 2 | 0 | 1 | 3 | -4 | 3 | 43 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85 | 46 | 74 | 92 | 125 | 120 | 130 | 107 | 134 | 130 |
| Inventory Days | 77 | 147 | 103 | 64 | 33 | 67 | 80 | 101 | 71 | 102 |
| Days Payable | 14 | 18 | 39 | 23 | 20 | 28 | 32 | 24 | 10 | 9 |
| Cash Conversion Cycle | 148 | 174 | 138 | 132 | 139 | 159 | 177 | 183 | 195 | 223 |
| Working Capital Days | 44 | 43 | 13 | 8 | 24 | 45 | 52 | 59 | 78 | 89 |
| ROCE % | 9% | 11% | 9% | 16% | 23% | 29% | 17% | 14% | 14% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
29 Sep - 31st AGM Sep 29, 2025: approved FY2024-25 financials, director reappointment, remuneration hikes, material RPTs, higher borrowing/charge limits
-
Closure of Trading Window
27 Sep - Trading window closed Oct 1, 2025 until 48 hours after Q2/H1 results for Sep 30, 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 Sep
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
26 Sep - Promoter Mamta Garg sold 6,25,000 shares on Sep 25, 2025; holding reduced to 4,30,41,984 (70.15%).
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Aug 2025TranscriptNotesPPT
-
May 2025TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Apr 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
Business Overview:[1]
GRM Group comprises GRM Overseas Ltd and 3 subsidiaries viz. GRM International Holding Ltd. (GIHL, UK), GRM Fine Foods Inc. (GFFI, USA) & GRM Foodkraft Pvt. Ltd. (GFPL, India).
The group is engaged in milling, processing and distribution of basmati rice in domestic and overseas market. The domestic business is conducted through GRM Foodkraft Pvt Ltd under their flagship brand-name 10X offering essential consumer goods, kitchen necessities, encompassing rice, spices, atta, and Ready-to-Eat products. The international operations are run through GRM International Holding Ltd. (GIHL, UK), GRM Fine Foods Inc. (GFFI, USA)