About
GRM Overseas Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice in India. The company offers spices; and chakki fresh atta, as well as a ready-to-cook biryani kit. The company markets its products under 10X, Tanoush, Shakti, and Himalaya River brands. The company also exports its products to the Middle East, the United Kingdom, and the United States, and internationally. GRM Overseas Limited was founded in 1974 and is based in Panipat, India.
Key Metrics
as of Sep 2026Market Cap1,811 Cr
P/E23.70
Div Yield0.00 %
Book Value₹29.00
52w High₹186.00
52w Low₹81.90
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 427.00 | 597.00 | 483.00 | 362.00 | 327.00 | 291.00 | 371.00 | 315.00 | 370.00 | 406.00 | 382.00 | 204.00 | 320.00 |
| Expenses | 391.00 | 567.00 | 461.00 | 348.00 | 303.00 | 259.00 | 359.00 | 304.00 | 347.00 | 384.00 | 364.00 | 196.00 | 296.00 |
| Operating Profit | 36.00 | 30.00 | 21.00 | 15.00 | 24.00 | 33.00 | 12.00 | 11.00 | 23.00 | 22.00 | 18.00 | 8.00 | 24.00 |
| OPM % | 8.00 | 5.00 | 4.40 | 4.10 | 7.00 | 11.00 | 3.30 | 3.50 | 6.00 | 5.00 | 4.80 | 3.90 | 8.00 |
| Other Income | 0.00 | 10.00 | 10.00 | 10.00 | 8.00 | 5.00 | 11.00 | 5.00 | 5.00 | 12.00 | 9.00 | 7.00 | 6.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 5.00 | 7.00 | 5.00 | 5.00 | 5.00 | 8.00 | 4.00 | 2.00 | 4.00 | 6.00 | 5.00 | 4.00 | 6.00 |
| Profit before tax | 30.00 | 31.00 | 25.00 | 19.00 | 25.00 | 29.00 | 19.00 | 13.00 | 24.00 | 27.00 | 21.00 | 10.00 | 23.00 |
| Tax % | 28.00 | 27.00 | 24.00 | 21.00 | 25.00 | 29.00 | 28.00 | 27.00 | 26.00 | 21.00 | 26.00 | 31.00 | 25.00 |
| Net Profit | 21.00 | 22.00 | 19.00 | 15.00 | 19.00 | 20.00 | 14.00 | 9.00 | 18.00 | 21.00 | 15.00 | 7.00 | 17.00 |
| EPS in Rs | 1.02 | 1.04 | 1.04 | 0.80 | 1.04 | 1.14 | 0.75 | 0.51 | 1.00 | 1.18 | 0.86 | 0.37 | 0.97 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,769.00 | 1,347.00 | 1,312.00 | 1,379.00 | 1,134.00 | 770.00 | 749.00 | 1,107.00 | 943.00 | 591.00 | 355.00 |
| Expenses | 1,679.00 | 1,267.00 | 1,240.00 | 1,281.00 | 1,041.00 | 702.00 | 702.00 | 1,072.00 | 908.00 | 571.00 | 341.00 |
| Operating Profit | 90.00 | 80.00 | 72.00 | 98.00 | 93.00 | 67.00 | 48.00 | 35.00 | 35.00 | 20.00 | 14.00 |
| OPM % | 5.00 | 6.00 | 6.00 | 7.00 | 8.00 | 9.00 | 6.00 | 3.10 | 3.70 | 3.40 | 4.00 |
| Other Income | 37.00 | 26.00 | 33.00 | 13.00 | 37.00 | 6.00 | 13.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Interest | 23.00 | 18.00 | 21.00 | 20.00 | 13.00 | 12.00 | 14.00 | 16.00 | 15.00 | 10.00 | 9.00 |
| Depreciation | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 101.00 | 85.00 | 80.00 | 87.00 | 114.00 | 59.00 | 43.00 | 18.00 | 18.00 | 8.00 | 3.00 |
| Tax % | 25.00 | 28.00 | 25.00 | 28.00 | 26.00 | 23.00 | 26.00 | 49.00 | 35.00 | 34.00 | 34.00 |
| Net Profit | 74.00 | 61.00 | 61.00 | 63.00 | 85.00 | 45.00 | 32.00 | 9.00 | 12.00 | 6.00 | 2.00 |
| EPS in Rs | 3.59 | 3.37 | 3.32 | 3.48 | 4.66 | 2.55 | 1.90 | 0.54 | 0.71 | 0.34 | 0.12 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 4.00 | 66.00 | 17.00 | 6.00 | 20.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41.00 | 12.00 | 12.00 | 12.00 | 12.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 560.00 | 414.00 | 319.00 | 262.00 | 194.00 | 131.00 | 86.00 | 57.00 | 50.00 | 38.00 | 33.00 |
| Borrowings | 368.00 | 364.00 | 393.00 | 413.00 | 338.00 | 188.00 | 210.00 | 348.00 | 292.00 | 198.00 | 132.00 |
| Other Liabilities | 191.00 | 121.00 | 46.00 | 97.00 | 123.00 | 92.00 | 59.00 | 83.00 | 100.00 | 60.00 | 15.00 |
| Total Liabilities | 1,160.00 | 911.00 | 770.00 | 784.00 | 667.00 | 415.00 | 359.00 | 492.00 | 446.00 | 300.00 | 183.00 |
| Fixed Assets | 41.00 | 40.00 | 37.00 | 39.00 | 37.00 | 36.00 | 38.00 | 31.00 | 21.00 | 21.00 | 21.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.00 | 11.00 | 9.00 | 12.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,111.00 | 860.00 | 725.00 | 733.00 | 628.00 | 379.00 | 321.00 | 459.00 | 425.00 | 279.00 | 162.00 |
| Total Assets | 1,160.00 | 911.00 | 770.00 | 784.00 | 667.00 | 415.00 | 359.00 | 492.00 | 446.00 | 300.00 | 183.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -54.00 | 62.00 | 47.00 | -89.00 | -116.00 | 35.00 | 162.00 | -21.00 | -77.00 | -67.00 | 46.00 |
| Cash from Investing Activity | -53.00 | -8.00 | -4.00 | -5.00 | -6.00 | -1.00 | -7.00 | -15.00 | -2.00 | -2.00 | -1.00 |
| Cash from Financing Activity | 82.00 | -12.00 | -39.00 | 89.00 | 125.00 | -33.00 | -155.00 | 38.00 | 78.00 | 56.00 | -32.00 |
| Net Cash Flow | -24.00 | 43.00 | 3.00 | -4.00 | 3.00 | 1.00 | 0.00 | 2.00 | -1.00 | -13.00 | 13.00 |
| Free Cash Flow | -63.00 | 56.00 | 45.00 | -94.00 | -120.00 | 34.00 | 155.00 | -36.00 | -79.00 | -69.00 | 45.00 |
| CFO/OP % | -30.00 | 113.00 | 98.00 | -62.00 | -108.00 | 74.00 | 363.00 | -33.00 | -207.00 | -316.00 | 330.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119.00 | 130.00 | 134.00 | 107.00 | 130.00 | 120.00 | 125.00 | 92.00 | 74.00 | 46.00 | 85.00 |
| Inventory Days | 104.00 | 102.00 | 71.00 | 101.00 | 80.00 | 67.00 | 33.00 | 64.00 | 103.00 | 147.00 | 77.00 |
| Days Payable | 11.00 | 9.00 | 10.00 | 24.00 | 32.00 | 28.00 | 20.00 | 23.00 | 39.00 | 18.00 | 14.00 |
| Cash Conversion Cycle | 212.00 | 223.00 | 195.00 | 183.00 | 177.00 | 159.00 | 139.00 | 132.00 | 138.00 | 174.00 | 148.00 |
| Working Capital Days | 99.00 | 89.00 | 78.00 | 59.00 | 52.00 | 45.00 | 24.00 | 8.00 | 13.00 | 43.00 | 44.00 |
| ROCE % | 14.00 | 14.00 | 14.00 | 17.00 | 29.00 | 23.00 | 16.00 | 9.00 | 11.00 | 9.00 | — |
Corporate Actions
25 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 24 Dec 2025 | 24 Dec 2025 | 2:1 | — | |
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 26 Aug 2022 | 29 Aug 2022 | — | 0.20 | |
| Dividend | 25 May 2022 | 26 May 2022 | — | 0.25 | |
| Dividend | 03 Feb 2022 | 04 Feb 2022 | — | 1.00 | |
| Split | 10 Nov 2021 | 11 Nov 2021 | 10:2 | — | |
| Dividend | 10 Nov 2021 | 11 Nov 2021 | — | 5.00 | |
| Dividend | 26 Aug 2021 | 27 Aug 2021 | — | 3.25 | |
| Bonus | 15 Jul 2021 | 16 Jul 2021 | 2:1 | — | |
| Dividend | 22 Mar 2021 | 23 Mar 2021 | — | 20.00 | |
| Dividend | 21 Sep 2020 | 22 Sep 2020 | — | 5.00 | |
| Dividend | 19 Sep 2019 | — | — | 5.00 | |
| Dividend | 19 Sep 2018 | — | — | 5.00 | |
| Dividend | 24 Sep 2014 | — | — | 2.00 | |
| Dividend | 24 Sep 2013 | — | — | 2.00 | |
| Dividend | 18 Sep 2012 | — | — | 2.00 | |
| Dividend | 09 Sep 2011 | — | — | 1.00 | |
| Dividend | 08 Sep 2010 | — | — | 2.00 | |
| Dividend | 21 Aug 2009 | — | — | 2.00 | |
| Dividend | 11 Sep 2008 | — | — | 2.00 | |
| Dividend | 13 Sep 2007 | — | — | 1.00 | |
| Dividend | 15 Sep 2005 | — | — | 1.00 | |
| Dividend | 16 Sep 2004 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Jul from smera
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Rating update21 Apr 2025 from smera
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Rating update22 Jan 2024 from smera
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Rating update5 Jan 2024 from smera
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Rating update6 Nov 2023 from smera
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Rating update4 Nov 2022 from brickwork