Grovy India Ltd

Grovy India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Grovy India Ltd

₹ 68.4 -1.99%
22 Nov - close price
grovyindia.com BSE: 539522
About

Incorporated in 1985, Grovy India Ltd is in the business of Development/Consultancy in Real Estate and Dealing/trading in financial market

Key Points

Projects Undertaken:[1][2]
Company has developed boutique apartments, farmhouses, houses and builder floors in Greater Kailash, Lajpat Nagar, Hauz Khas, Sarvodya enclave and Rishikesh and Commercial properties viz., ARIA - Luxury and Grovy Optiva

Website BSE
  • Market Cap ₹ 91.2 Cr.
  • Current Price ₹ 68.4
  • High / Low ₹ 98.2 / 22.6
  • Stock P/E
  • Book Value ₹ 14.0
  • Dividend Yield 0.04 %
  • ROCE 5.79 %
  • ROE 5.27 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 4.90 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 6.70% over last 3 years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 18.8 to 37.5 days.

* 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: Realty Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
5.22 5.35 6.74 4.27 2.70 3.37 10.59 4.49 5.61 5.94 3.51 1.26 1.11
5.25 4.92 6.44 4.17 2.11 2.77 10.58 4.25 4.84 5.84 3.51 1.50 1.21
Operating Profit -0.03 0.43 0.30 0.10 0.59 0.60 0.01 0.24 0.77 0.10 0.00 -0.24 -0.10
OPM % -0.57% 8.04% 4.45% 2.34% 21.85% 17.80% 0.09% 5.35% 13.73% 1.68% 0.00% -19.05% -9.01%
0.20 0.19 0.20 0.05 -0.04 0.00 0.23 0.06 0.14 0.14 0.34 0.02 0.14
Interest 0.01 0.01 0.01 0.01 0.03 0.11 0.13 0.07 0.05 0.03 0.26 0.01 0.00
Depreciation 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.02
Profit before tax 0.14 0.59 0.47 0.13 0.51 0.48 0.10 0.22 0.85 0.19 0.06 -0.25 0.02
Tax % 0.00% 0.00% 10.64% 0.00% 35.29% 27.08% 10.00% 27.27% 25.88% 15.79% 33.33% 0.00% 0.00%
0.14 0.60 0.42 0.13 0.33 0.35 0.09 0.17 0.63 0.17 0.04 -0.25 0.02
EPS in Rs 0.14 0.59 0.42 0.13 0.25 0.26 0.07 0.13 0.47 0.13 0.03 -0.19 0.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1.73 0.17 3.93 7.51 9.16 12.30 8.77 17.86 13.29 21.54 20.92 19.55 11.82
1.73 0.26 3.74 7.40 9.21 12.14 8.66 18.96 12.98 20.92 19.62 18.45 12.06
Operating Profit 0.00 -0.09 0.19 0.11 -0.05 0.16 0.11 -1.10 0.31 0.62 1.30 1.10 -0.24
OPM % 0.00% -52.94% 4.83% 1.46% -0.55% 1.30% 1.25% -6.16% 2.33% 2.88% 6.21% 5.63% -2.03%
0.02 0.12 0.00 0.00 0.19 0.03 0.01 -0.19 1.27 0.60 0.25 0.69 0.64
Interest 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.04 0.10 0.03 0.28 0.40 0.30
Depreciation 0.00 0.00 0.02 0.03 0.04 0.03 0.02 0.01 0.03 0.07 0.05 0.06 0.08
Profit before tax 0.02 0.03 0.17 0.07 0.10 0.16 0.10 -1.34 1.45 1.12 1.22 1.33 0.02
Tax % 0.00% 33.33% 17.65% 42.86% 40.00% 25.00% 30.00% 0.00% 1.38% 4.46% 25.41% 24.81%
0.01 0.02 0.14 0.05 0.06 0.12 0.07 -1.34 1.44 1.08 0.91 1.00 -0.02
EPS in Rs 0.02 0.04 0.25 0.09 0.11 0.21 0.12 -1.33 1.43 1.07 0.68 0.75 -0.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 23.33% 11.67% 35.86% 0.00% 1.74% 2.32% 3.66% 3.33%
Compounded Sales Growth
10 Years: 61%
5 Years: 17%
3 Years: 14%
TTM: -51%
Compounded Profit Growth
10 Years: 42%
5 Years: 69%
3 Years: -12%
TTM: -102%
Stock Price CAGR
10 Years: %
5 Years: 59%
3 Years: 53%
1 Year: 182%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 7%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.40 1.40 1.40 1.40 1.40 1.40 2.51 2.51 2.51 2.51 3.33 3.33 3.33
Reserves 1.46 1.48 1.62 1.67 1.86 1.99 7.77 6.39 8.08 9.20 14.26 15.52 15.26
0.82 5.27 7.38 5.58 4.55 5.35 6.97 8.27 6.01 6.67 10.21 11.36 10.67
0.00 0.00 0.04 0.09 0.33 0.16 0.14 2.03 0.15 0.01 7.34 0.18 5.02
Total Liabilities 3.68 8.15 10.44 8.74 8.14 8.90 17.39 19.20 16.75 18.39 35.14 30.39 34.28
0.02 0.02 0.10 0.13 0.15 0.12 0.10 0.04 0.22 0.16 0.11 0.21 0.19
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.03 0.37 0.02 3.49 0.19 0.23 0.26 0.26 0.67 0.63 0.81 1.35 0.83
3.63 7.76 10.32 5.12 7.80 8.55 17.03 18.90 15.86 17.60 34.22 28.83 33.26
Total Assets 3.68 8.15 10.44 8.74 8.14 8.90 17.39 19.20 16.75 18.39 35.14 30.39 34.28

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.45 -4.07 0.00 0.01 -2.91 -0.90 -3.78 -1.07 0.72 -0.39 -8.42 -0.43
0.00 -0.27 0.00 0.00 3.38 -0.02 2.98 0.96 -0.28 0.12 -0.17 -0.30
0.51 4.45 0.00 0.00 -1.03 0.79 -0.02 -0.03 0.03 0.30 8.08 0.72
Net Cash Flow 0.06 0.11 0.00 0.00 -0.56 -0.13 -0.82 -0.15 0.46 0.03 -0.51 -0.01

Ratios

Figures in Rs. Crores

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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.61 4.12 0.17 0.00 37.53
Inventory Days 4.27 12,345.59 915.51 201.98 299.66 148.40 643.78 780.97 465.29 563.81
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.73 4.66 0.00
Cash Conversion Cycle 4.27 12,345.59 915.51 201.98 299.66 148.40 643.78 774.86 464.76 563.98 0.00 37.53
Working Capital Days 746.88 16,274.71 943.61 206.56 107.99 87.54 695.04 343.95 418.01 289.09 468.29 534.71
ROCE % 0.58% -0.51% 1.83% 0.84% 1.22% 1.93% 0.77% -12.96% 9.12% 6.58% 6.50% 5.79%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.72% 74.72% 74.72% 74.72% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58%
25.28% 25.28% 25.28% 25.29% 27.41% 27.42% 27.41% 27.42% 27.42% 27.42% 27.42% 27.41%
No. of Shareholders 1711731612002082185845905735407471,272

Documents

Announcements

Annual reports

Concalls

  • Nov 2024
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  • Aug 2024
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  • May 2024
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  • Feb 2024
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  • Nov 2023
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  • Aug 2023
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  • Aug 2023
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  • May 2023
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  • Nov 2022
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  • Aug 2022
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  • May 2022
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  • Feb 2022
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  • Jun 2021
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