GRPLTD

GRP Limited

GRP Limited (GRPLTD) financial statements and selected valuation metrics through 30 June 2026.

Industrials›Capital Goods›Industrial Products›Rubber

grpweb.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹1819.60
Market cap
971 Cr
Stock P/E
171.2
P/B
5.44
Dividend yield
0.8%
ROE (FY26)
1.8%
ROCE (FY26)
5.9%
Operating margin (FY26)
4.0%
Debt / equity (FY26)
1.16
OCF / EBITDA (FY26)
73.6%
OCF / EBITDA (3Y)
63.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

GRP recycles end-of-life tyres into reclaim rubber, crumb rubber and, through its Pyrova Energy unit, tyre-pyrolysis products, and also recycles nylon and polyolefin plastics, selling to tyre makers and other industrial customers in over 55 countries.

Company snapshot

4thBy market cap

Ranked among 8 companies in Rubber.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 91.2% of revenue

SegmentRevenue shareRevenuePBTAssets
Less: Exceptional Items—0 Cr0 Cr0 Cr
Less:Goods and Service Tax—-10 Cr0 Cr0 Cr
Others
16.2%
21 Cr0.35 Cr138 Cr
Reclaim Rubber
91.2%
121 Cr15 Cr190 Cr

Shares add up to 107% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Dividend payout of 240% — the company returns a meaningful share of profits to shareholders.
Concerns
  • ✗Net margin is very thin at 0.6% — little room for error if costs rise.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales114 Cr110 Cr138 Cr126 Cr132 Cr132 Cr160 Cr124 Cr132 Cr135 Cr145 Cr157 Cr
Operating expenses (approx.)103 Cr99 Cr115 Cr113 Cr122 Cr120 Cr127 Cr114 Cr122 Cr124 Cr136 Cr140 Cr
EBITDA11 Cr10 Cr23 Cr13 Cr10 Cr13 Cr33 Cr10 Cr11 Cr11 Cr9 Cr17 Cr
OPM %9.7%9.5%16.5%10.1%7.4%9.6%20.5%8.0%8.0%8.0%6.2%10.8%
Other income0.43 Cr0.48 Cr0.17 Cr0.47 Cr0.24 Cr0.40 Cr0.25 Cr0.93 Cr0.78 Cr0.48 Cr0.50 Cr0.46 Cr
Interest2 Cr2 Cr2 Cr2 Cr2 Cr3 Cr3 Cr3 Cr4 Cr4 Cr4 Cr4 Cr
Depreciation3 Cr3 Cr3 Cr4 Cr4 Cr4 Cr4 Cr4 Cr5 Cr5 Cr5 Cr5 Cr
Profit before tax7 Cr6 Cr15 Cr7 Cr4 Cr6 Cr26 Cr3 Cr3 Cr1 Cr0.46 Cr8 Cr
Tax %29.5%24.5%24.0%40.3%35.6%27.5%24.3%45.7%41.0%20.5%393.6%50.1%
Net profit5 Cr4 Cr12 Cr4 Cr3 Cr4 Cr19 Cr2 Cr2 Cr0.85 Cr-1 Cr4 Cr
EPS (₹)₹35.16₹32.34₹87.54₹32.75₹4.70₹8.22₹36.46₹3.28₹3.67₹1.60₹-2.51₹7.87

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales316 Cr302 Cr357 Cr349 Cr280 Cr388 Cr451 Cr461 Cr550 Cr535 CrSign in free for the trailing twelve months
Operating expenses (approx.)289 Cr283 Cr332 Cr330 Cr263 Cr365 Cr426 Cr411 Cr482 Cr495 CrSign in free for the trailing twelve months
EBITDA26 Cr19 Cr25 Cr19 Cr17 Cr23 Cr25 Cr51 Cr68 Cr40 CrSign in free for the trailing twelve months
OPM %8.3%6.3%7.1%5.4%6.0%6.0%5.5%11.0%12.4%7.5%Sign in free for the trailing twelve months
Other income3 Cr0.71 Cr0.38 Cr0.64 Cr2 Cr1 Cr10 Cr2 Cr1 Cr3 CrSign in free for the trailing twelve months
Interest4 Cr4 Cr5 Cr8 Cr5 Cr5 Cr6 Cr7 Cr10 Cr15 CrSign in free for the trailing twelve months
Depreciation14 Cr14 Cr13 Cr14 Cr13 Cr12 Cr13 Cr12 Cr16 Cr19 CrSign in free for the trailing twelve months
Profit before tax11 Cr0.77 Cr7 Cr-2 Cr0.74 Cr7 Cr15 Cr30 Cr43 Cr8 CrSign in free for the trailing twelve months
Tax %35.3%197.8%26.2%231.6%-126.9%22.6%8.9%25.0%28.5%60.1%Sign in free for the trailing twelve months
Net profit7 Cr-0.75 Cr5 Cr3 Cr2 Cr6 Cr14 Cr23 Cr31 Cr3 CrSign in free for the trailing twelve months
EPS (₹)₹51.69₹-5.64₹39.95₹22.26₹12.52₹43.20₹104.61₹169.78₹57.57₹6.04Sign in free for the trailing twelve months
Dividend payout %————0.0%6.0%8.6%10.0%16.3%240.1%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr5 Cr5 Cr
Reserves125 Cr123 Cr128 Cr126 Cr130 Cr135 Cr146 Cr165 Cr186 Cr173 Cr
Borrowings61 Cr51 Cr62 Cr81 Cr67 Cr100 Cr88 Cr113 Cr146 Cr206 Cr
Other liabilities56 Cr54 Cr55 Cr61 Cr49 Cr60 Cr51 Cr63 Cr74 Cr77 Cr
Total liabilities244 Cr230 Cr247 Cr269 Cr248 Cr296 Cr287 Cr342 Cr412 Cr462 Cr
Fixed assets (net)132 Cr125 Cr121 Cr111 Cr99 Cr108 Cr102 Cr158 Cr181 Cr225 Cr
CWIP2 Cr2 Cr0.97 Cr1 Cr2 Cr0.14 Cr11 Cr1 Cr27 Cr6 Cr
Investments1 Cr0.83 Cr0.61 Cr2 Cr1 Cr16 Cr17 Cr3 Cr3 Cr15 Cr
Inventories46 Cr34 Cr35 Cr47 Cr43 Cr53 Cr46 Cr49 Cr53 Cr52 Cr
Trade receivables48 Cr52 Cr66 Cr65 Cr64 Cr86 Cr71 Cr106 Cr101 Cr109 Cr
Cash & bank0.40 Cr0.94 Cr4 Cr8 Cr14 Cr0.30 Cr0.60 Cr0.18 Cr1 Cr0.47 Cr
Other assets14 Cr15 Cr20 Cr35 Cr24 Cr31 Cr39 Cr25 Cr46 Cr54 Cr
Total assets244 Cr230 Cr247 Cr269 Cr248 Cr296 Cr287 Cr342 Cr412 Cr462 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity21 Cr22 Cr8 Cr7 Cr25 Cr2 Cr25 Cr27 Cr45 Cr30 Cr
Cash from investing-16 Cr-7 Cr-9 Cr-11 Cr0.86 Cr-38 Cr-5 Cr-42 Cr-61 Cr-56 Cr
Cash from financing-6 Cr-15 Cr4 Cr8 Cr-20 Cr23 Cr-19 Cr15 Cr18 Cr26 Cr
Net cash flow-2 Cr0.53 Cr3 Cr4 Cr5 Cr-13 Cr0.30 Cr-0.42 Cr1 Cr-0.56 Cr
Free cash flow (OCF − Capex)4 Cr14 Cr-0.81 Cr-5 Cr21 Cr-23 Cr-5 Cr-30 Cr-21 Cr-16 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %7.7%3.0%6.2%2.8%3.1%5.1%9.2%13.4%15.8%5.9%
ROE %5.5%-0.6%4.1%2.3%1.3%4.2%9.5%13.6%16.0%1.8%
Debtor days56626768838157846774
Inventory days11793749811910282847669
Days payable41434649434827414038
Cash conversion cycle13211295117159135112126102105
OCF / EBITDA %79.6%115.8%33.2%38.8%148.1%6.6%101.4%53.3%65.5%73.6%
OCF / EBITDA % (3 years)——72.6%59.6%66.7%57.5%79.7%54.4%67.4%63.6%
Debt / equity0.490.410.480.640.510.730.600.680.761.16
Current ratio1.241.251.281.251.581.501.611.261.181.22
Net debt / EBITDA2.342.65—3.843.174.283.542.222.135.12