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 ₹ 1,105 Cr.
- Current Price ₹ 184
- High / Low ₹ 231 / 113
- Stock P/E 21.5
- Book Value ₹ 51.1
- Dividend Yield 0.24 %
- ROCE 12.9 %
- ROE 18.3 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.32.2 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
270 | 422 | 568 | 355 | 591 | 924 | 1,068 | 739 | 748 | 1,098 | 1,262 | 1,186 | |
258 | 406 | 544 | 341 | 571 | 889 | 1,026 | 687 | 690 | 1,013 | 1,177 | 1,127 | |
Operating Profit | 12 | 16 | 24 | 14 | 20 | 35 | 42 | 52 | 59 | 85 | 86 | 59 |
OPM % | 4% | 4% | 4% | 4% | 3% | 4% | 4% | 7% | 8% | 8% | 7% | 5% |
0 | -0 | -0 | -0 | -0 | -0 | 1 | 13 | 5 | 37 | 12 | 32 | |
Interest | 7 | 7 | 14 | 9 | 10 | 15 | 16 | 14 | 12 | 13 | 19 | 20 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 |
Profit before tax | 4 | 7 | 8 | 3 | 8 | 18 | 25 | 48 | 49 | 106 | 75 | 67 |
Tax % | 33% | 33% | 42% | 34% | 34% | 35% | 35% | 24% | 25% | 26% | 28% | 24% |
3 | 5 | 5 | 2 | 6 | 12 | 16 | 36 | 37 | 79 | 54 | 51 | |
EPS in Rs | 0.50 | 0.88 | 0.83 | 0.37 | 1.01 | 2.12 | 2.94 | 6.55 | 6.20 | 13.14 | 8.93 | 8.56 |
Dividend Payout % | 27% | 15% | -0% | -0% | -0% | 16% | 11% | 5% | 22% | 70% | 5% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 2% |
3 Years: | 17% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 27% |
3 Years: | 12% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 48% |
5 Years: | 67% |
3 Years: | 6% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 29% |
3 Years: | 27% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 12 | 12 | 12 |
Reserves | 22 | 26 | 31 | 33 | 38 | 50 | 64 | 98 | 135 | 192 | 243 | 294 |
99 | 143 | 155 | 132 | 198 | 292 | 348 | 210 | 188 | 331 | 407 | 393 | |
11 | 38 | 55 | 15 | 59 | 64 | 62 | 60 | 90 | 119 | 99 | 38 | |
Total Liabilities | 136 | 211 | 244 | 183 | 299 | 410 | 478 | 372 | 416 | 655 | 761 | 737 |
18 | 22 | 22 | 21 | 21 | 21 | 31 | 37 | 35 | 36 | 37 | 36 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | 3 | -0 | -0 | -0 | -0 | -0 |
Investments | -0 | -0 | -0 | -0 | 0 | 1 | 1 | 1 | 2 | 0 | 2 | 2 |
118 | 189 | 222 | 162 | 278 | 387 | 442 | 333 | 380 | 618 | 722 | 700 | |
Total Assets | 136 | 211 | 244 | 183 | 299 | 410 | 478 | 372 | 416 | 655 | 761 | 737 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -26 | 1 | 46 | -67 | -77 | -23 | 161 | 34 | -113 | -52 | 36 | |
-0 | -5 | -3 | -1 | -2 | -3 | -15 | -6 | -1 | -4 | -6 | 0 | |
13 | 36 | -3 | -32 | 56 | 78 | 38 | -155 | -33 | 119 | 56 | -33 | |
Net Cash Flow | -1 | 5 | -5 | 13 | -13 | -1 | 1 | 0 | 0 | 2 | -2 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 96 | 47 | 83 | 85 | 46 | 74 | 93 | 135 | 134 | 134 | 116 | 144 |
Inventory Days | 69 | 124 | 68 | 77 | 146 | 90 | 63 | 33 | 56 | 79 | 108 | 76 |
Days Payable | 12 | 35 | 34 | 14 | 18 | 24 | 16 | 21 | 27 | 32 | 25 | 9 |
Cash Conversion Cycle | 153 | 137 | 117 | 148 | 174 | 140 | 140 | 147 | 164 | 182 | 198 | 210 |
Working Capital Days | 143 | 123 | 107 | 137 | 135 | 128 | 129 | 135 | 141 | 165 | 180 | 202 |
ROCE % | 10% | 10% | 12% | 7% | 9% | 11% | 10% | 17% | 19% | 28% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9h - Newspapers clippings of Corrigendum to an EGM Notice
- CORRIGENDUM IN CONTINUATION TO THE NOTICE AND EXPLANATORY STATEMENT ATTACHED THERETO DATED JUNE 21, 2024, CONVENING THE EXTRA-ORDINARY GENERAL MEETING TO BE HELD ON SATURDAY, JULY 13, 2024 1d
- Closure of Trading Window 29 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jun - Newspaper Advertisement pursuant to Regulation 47 of SEBI(LODR) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Jun - Press release on raising of funds through Preferential Issue of Share Warrants Convertible into Equity Shares
Annual reports
-
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
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
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
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]