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GRM Overseas Ltd

(GRMOVER)

₹267.34.59%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹264.5
    ₹289
  • 52 Week's Low

    52 Week's High

    ₹113
    ₹289
1 Month Return+ 2.14 %
3 Month Return+ 54.37 %
1 Year Return+ 37.43 %
Previous Close₹280.15
Open₹289.00
Volume5.70L
Upper Circuit-
Lower Circuit-
Market Cap₹1,680.90Cr

Key Statistics

P/E Ratio27.47
PEG Ratio-196.18
Market Cap₹1,680.90 Cr
P/B Ratio0
EPS10.12
Dividend Yield0
SectorFMCG
ROE18.43

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,680.90 Cr456.45%0.78₹60 Cr₹1,312 Cr
NA₹16.52 Cr30.38%4.59NANA
NA₹36.81 Cr-15.65%1.88-₹6 CrNA
NA₹59.45 Cr144%0.68NANA
NA₹12.56 Cr-8.21%0.62NANA

Company Information

GRM Overseas Limited is a production, purchase, export and sale company based in New Delhi, India, that manufactures and distributes rice and paddy products. Founded in 1974 as Garg Rice General Mills, the company changed its name to its current moniker in 1995. GRM Overseas has a processing unit located in Panipat in Haryana that specializes in almond kernels, paddy, clove, pista rice and wheat. The company markets its products under the Kamdhenu and Chef brands, and exports Basmati rice to Saudi Arabia, Europe, and other countries. With 44 years of experience in the industry, GRM Overseas continues its mission of providing quality rice and paddy products to its customers.

Share Price: ₹267.30 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,680.90Cr as of today
Revenue: ₹370.08Cr as on June 2024 (Q2 24)
Net Profit: ₹18.02Cr as on June 2024 (Q2 24)
Listing date: 07 Sep, 2022
Chairperson Name: Atul Garg
OrganisationGRM Overseas Ltd
Headquarters
IndustryFMCG
E-voting on sharesClick here to vote

Key events for GRM Overseas Ltd

  • GRM Overseas Expands Coffee Ventures Amid Mixed Financials - 16 Sep, 2024

    GRM Overseas reported a slight drop in FY23 net profit but surged 11.5% after acquiring a stake in Rage Coffee. Despite revenue decline, the stock hit a 20% upper circuit.

  • GRM Overseas Invests in Rage Coffee Brand - 31 Aug, 2024

    GRM Overseas Limited has made a strategic investment in Swmabhan Commerce Pvt Ltd, acquiring a 44% equity stake in the digital-first coffee brand Rage Coffee. This move signifies GRM's expansion into the rapidly growing Indian coffee market.

  • GRM Overseas Launches 10X Ventures for FMCG Growth - 29 Aug, 2024

    GRM Overseas has launched 10X Ventures to support new-age FMCG brands in India, acquiring a 44% stake in Rage Coffee. A fund of Rs 136 crore has been raised to finance this initiative, aiming for significant market presence and sales growth. The strategy focuses on youth-oriented brands with unique selling propositions, targeting Rs 100 crore in sales for Rage Coffee within 18 months.

  • GRM Overseas Expands with Rage Coffee Stake Acquisition - 28 Aug, 2024

    GRM Overseas has acquired a 44% stake in Swmabhan Commerce, the parent company of Rage Coffee, marking its first major investment under the 10X Ventures platform. This strategic move aims to diversify GRM's portfolio in the FMCG sector, targeting 20% of future revenue from new-age brands.

  • GRM Overseas Plans Major Stake Acquisition in Rage Coffee - 27 Aug, 2024

    GRM Overseas aims to acquire a 44% stake in Virat Kohli-backed Rage Coffee, enhancing its FMCG portfolio. The deal is in advanced stages, with plans to leverage its distribution network for expansion.

  • GRM Overseas Launches 10X Ventures for Growth - 26 Aug, 2024

    GRM Overseas Limited has launched 10X Ventures, a strategic platform aimed at investing ₹200 crore in digital-first D2C brands and lifestyle brands. The initiative reflects the company's commitment to innovation and growth in the FMCG sector.

  • Salman Khan Becomes Brand Ambassador for GRM Overseas - 22 Aug, 2024

    GRM Overseas, a leading exporter of Basmati rice and player in India's FMCG sector, has signed Bollywood superstar Salman Khan as its brand ambassador for Basmati Rice and Wheat Flour.

  • GRM Overseas Stock Surges with Salman Khan Partnership - 21 Aug, 2024

    GRM Overseas shares rose 7% following the announcement of Bollywood actor Salman Khan as its brand ambassador. The partnership aims to enhance brand visibility and connect with consumers globally.

  • GRM Overseas Shares Surge After Strong Q1 Results - 19 Aug, 2024

    GRM Overseas shares soared 16% to a new 52-week high following healthy Q1 results, reporting a net profit increase to Rs 16.08 crore despite a decline in net sales. The stock has gained 44% in the last month and 90% over three months.

Insights on GRM Overseas Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, GRMOVER stock has moved up by 12.9%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.26% to 0.67% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 72.17% to 72.29% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Patanjali Foods Ltd has given 72.7% return, outperforming this stock by 40.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Patanjali Foods Ltd has given 39.3% return, outperforming this stock by 1.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.58% to 27.04% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 417.61 Cr → 375.26 Cr (in ₹), with an average decrease of 10.1% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 21.17 Cr → 18.02 Cr (in ₹), with an average decrease of 14.9% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹320.36Cr (-)₹203.67Cr (↓36.42%)₹382.48Cr (↑87.79%)₹405.93Cr (↑6.13%)₹370.08Cr (↓8.83%)
Net Income₹17.44Cr (-)₹6.62Cr (↓62.04%)₹15.49Cr (↑133.99%)₹21.17Cr (↑36.67%)₹18.02Cr (↓14.88%)
Net Profit Margin5.44% (-)3.25% (↓40.26%)4.05% (↑24.62%)5.22% (↑28.89%)4.87% (↓6.70%)
Value in ₹ crore
Details2021202220232024
Total Assets₹416.33Cr (-)₹654.80Cr (↑57.28%)₹761.27Cr (↑16.26%)₹737.22Cr (↓3.16%)
Total Liabilities₹276.92Cr (-)₹450.60Cr (↑62.72%)₹506.19Cr (↑12.34%)₹430.74Cr (↓14.91%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹161.18Cr (-)₹33.89Cr (↓78.97%)-₹112.97Cr (↓433.34%)-₹52.08Cr (↓53.90%)- (↓100.00%)

Index Inclusions

BSE FMCG Sector

₹23,624.31

0.4 (95.26%)

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.29%
0.17
Foreign Institutions
0.67%
160.62
Mutual Funds
0%
0.00
Retail Investors
27.04%
-1.94
Others
0%
0.00

Key Indicators

Details20202021202220232024
Return On Equity %43.6730.8846.4223.5218.43
Details20202021202220232024
Return On Assets %8.5210.8612.88.238.11
Details20202021202220232024
Book Value Per Share (₹)15.922.4133.9545.3454.79
Details20202021202220232024
Earning Per Share (₹)5.737.6914.0910.4810.12

GRM Overseas Ltd Valuation

GRM Overseas Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.46x)

May 8, 2020

Today (27.47x)

September 18, 2024

Industry (71.48x)

September 18, 2024

Highest (70.54x)

January 20, 2022

LowHigh

Earnings and Dividends

  • GRM Overseas Ltd Earnings Results

    GRM Overseas Ltd’s net profit jumped 3.33% since last year same period to ₹18.02Cr in the Q1 2024-2025. On a quarterly growth basis, GRM Overseas Ltd has generated -14.88% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • GRM Overseas Ltd Dividends August,2022

    In the quarter ending June 2022, GRM Overseas Ltd has declared dividend of ₹0.20 - translating a dividend yield of 2.30%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

GRM Overseas Ltd is currently in a Bullish trading position according to technical analysis indicators.

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GRM Overseas Ltd (GRMOVER) share price today is ₹267.3

GRM Overseas Ltd is listed on NSE

GRM Overseas Ltd is listed on BSE

  • Today’s highest price of GRM Overseas Ltd is ₹289.
  • Today’s lowest price of GRM Overseas Ltd is ₹264.5.

PE Ratio of GRM Overseas Ltd is 27.47

PE ratio = GRM Overseas Ltd Market price per share / GRM Overseas Ltd Earnings per share

Today’s traded volume of GRM Overseas Ltd(GRMOVER) is 5.70L.

Today’s market capitalisation of GRM Overseas Ltd(GRMOVER) is ₹1680.9Cr.

GRM Overseas Ltd(GRMOVERPrice
52 Week High
₹289
52 Week Low
₹113

GRM Overseas Ltd(GRMOVER) share price is ₹267.3. It is down -7.51% from its 52 Week High price of ₹289

GRM Overseas Ltd(GRMOVER) share price is ₹267.3. It is up 136.55% from its 52 Week Low price of ₹113

GRM Overseas Ltd(GRMOVERReturns
1 Day Returns
-12.85%
1 Month Returns
2.14%
3 Month Returns
54.37%
1 Year Returns
37.43%