Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.61 | 5.94 | 3.51 | 1.26 | 1.11 | 19.65 | 3.40 | 8.25 | 14.96 | 3.00 | 6.99 | 27.50 |
| Expenses | 4.84 | 5.84 | 3.51 | 1.50 | 1.21 | 17.25 | 3.48 | 6.79 | 14.59 | 2.83 | 6.37 | 24.82 |
| Operating Profit | 0.77 | 0.10 | 0.00 | -0.24 | -0.10 | 2.40 | -0.08 | 1.46 | 0.37 | 0.17 | 0.62 | 2.68 |
| OPM % | 13.73% | 1.68% | 0.00% | -19.05% | -9.01% | 12.21% | -2.35% | 17.70% | 2.47% | 5.67% | 8.87% | 9.75% |
| Other Income | 0.14 | 0.14 | 0.34 | 0.02 | 0.14 | 0.05 | 0.74 | 0.04 | 0.57 | 0.63 | 0.91 | 0.09 |
| Interest | 0.05 | 0.03 | 0.26 | 0.01 | 0.00 | 0.03 | 0.42 | 0.02 | 0.42 | 0.05 | 0.36 | 0.22 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.85 | 0.19 | 0.06 | -0.25 | 0.02 | 2.40 | 0.22 | 1.47 | 0.51 | 0.74 | 1.16 | 2.54 |
| Tax % | 25.88% | 15.79% | 33.33% | 0.00% | 0.00% | 24.17% | 9.09% | 25.85% | 25.49% | 27.03% | 23.28% | 25.20% |
| Net Profit | 0.63 | 0.17 | 0.04 | -0.25 | 0.02 | 1.82 | 0.20 | 1.10 | 0.38 | 0.54 | 0.89 | 1.90 |
| EPS in Rs | 0.47 | 0.13 | 0.03 | -0.19 | 0.02 | 1.36 | 0.15 | 0.82 | 0.28 | 0.40 | 0.67 | 1.42 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.51 | 9.16 | 12.30 | 8.77 | 17.86 | 13.29 | 21.54 | 20.92 | 19.55 | 25.42 | 33.20 | 52.45 |
| Expenses | 7.40 | 9.21 | 12.14 | 8.66 | 18.96 | 12.98 | 20.92 | 19.62 | 18.45 | 23.42 | 30.57 | 48.61 |
| Operating Profit | 0.11 | -0.05 | 0.16 | 0.11 | -1.10 | 0.31 | 0.62 | 1.30 | 1.10 | 2.00 | 2.63 | 3.84 |
| OPM % | 1.46% | -0.55% | 1.30% | 1.25% | -6.16% | 2.33% | 2.88% | 6.21% | 5.63% | 7.87% | 7.92% | 7.32% |
| Other Income | 0.00 | 0.19 | 0.03 | 0.01 | -0.19 | 1.27 | 0.60 | 0.25 | 0.69 | 0.94 | 2.15 | 2.20 |
| Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.04 | 0.10 | 0.03 | 0.28 | 0.40 | 0.47 | 0.86 | 1.05 |
| Depreciation | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 | 0.03 | 0.07 | 0.05 | 0.06 | 0.07 | 0.05 | 0.04 |
| Profit before tax | 0.07 | 0.10 | 0.16 | 0.10 | -1.34 | 1.45 | 1.12 | 1.22 | 1.33 | 2.40 | 3.87 | 4.95 |
| Tax % | 42.86% | 40.00% | 25.00% | 30.00% | 0.00% | 1.38% | 4.46% | 25.41% | 24.81% | 25.00% | 25.06% | |
| Net Profit | 0.05 | 0.06 | 0.12 | 0.07 | -1.34 | 1.44 | 1.08 | 0.91 | 1.00 | 1.79 | 2.90 | 3.71 |
| EPS in Rs | 0.09 | 0.11 | 0.21 | 0.12 | -1.33 | 1.43 | 1.07 | 0.68 | 0.75 | 1.34 | 2.17 | 2.77 |
| Dividend Payout % | 0.00% | 23.33% | 11.67% | 35.86% | 0.00% | 1.74% | 2.32% | 3.66% | 3.33% | 7.45% | 4.60% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 16% | 20% | 17% | 62% | ||
| Compounded Profit Growth | 50% | 15% | 47% | 18% | ||
| Stock Price CAGR | 20% | 41% | 42% | 50% | ||
| Return on Equity | 6% | 9% | 9% | 13% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 | 2.51 | 2.51 | 2.51 | 2.51 | 3.33 | 3.33 | 13.34 | 13.34 |
| Reserves | 1.62 | 1.67 | 1.86 | 1.99 | 7.77 | 6.39 | 8.08 | 9.20 | 14.26 | 15.52 | 7.08 | 9.72 |
| Borrowings | 7.38 | 5.58 | 4.55 | 5.35 | 6.97 | 8.27 | 6.01 | 6.67 | 10.21 | 11.36 | 24.62 | 24.97 |
| Other Liabilities | 0.04 | 0.09 | 0.33 | 0.16 | 0.14 | 2.03 | 0.15 | 0.01 | 7.34 | 0.18 | 3.52 | 25.32 |
| Total Liabilities | 10.44 | 8.74 | 8.14 | 8.90 | 17.39 | 19.20 | 16.75 | 18.39 | 35.14 | 30.39 | 48.56 | 73.35 |
| Fixed Assets | 0.10 | 0.13 | 0.15 | 0.12 | 0.10 | 0.04 | 0.22 | 0.16 | 0.11 | 0.21 | 0.15 | 0.11 |
| 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 |
| Investments | 0.02 | 3.49 | 0.19 | 0.23 | 0.26 | 0.26 | 0.67 | 0.63 | 0.81 | 1.35 | 0.77 | 0.59 |
| Other Assets | 10.32 | 5.12 | 7.80 | 8.55 | 17.03 | 18.90 | 15.86 | 17.60 | 34.22 | 28.83 | 47.64 | 72.65 |
| Total Assets | 10.44 | 8.74 | 8.14 | 8.90 | 17.39 | 19.20 | 16.75 | 18.39 | 35.14 | 30.39 | 48.56 | 73.35 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.00 | 0.01 | -2.91 | -0.90 | -3.78 | -1.07 | 0.72 | -0.39 | -8.42 | -0.43 | -13.42 | 0.43 |
| Cash from Investing Activity | 0.00 | 0.00 | 3.38 | -0.02 | 2.98 | 0.96 | -0.28 | 0.12 | -0.17 | -0.30 | 0.76 | 0.80 |
| Cash from Financing Activity | 0.00 | 0.00 | -1.03 | 0.79 | -0.02 | -0.03 | 0.03 | 0.30 | 8.08 | 0.72 | 12.66 | -1.22 |
| Net Cash Flow | 0.00 | 0.00 | -0.56 | -0.13 | -0.82 | -0.15 | 0.46 | 0.03 | -0.51 | -0.01 | 0.00 | 0.00 |
| Free Cash Flow | 0.00 | 0.01 | -2.91 | -0.90 | -3.78 | -0.08 | 0.51 | -0.39 | -8.43 | -0.54 | -13.44 | 0.42 |
| CFO/OP | 0% | 9% | 5,760% | -538% | -3,391% | 95% | 232% | -45% | -641% | -6% | -641% | 54% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 4.12 | 0.17 | 0.00 | 37.53 | 50.69 | 11.32 |
| Inventory Days | 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 | 6.73 | 4.66 | 0.00 | ||||
| Cash Conversion Cycle | 915.51 | 201.98 | 299.66 | 148.40 | 643.78 | 774.86 | 464.76 | 563.98 | 0.00 | 37.53 | 50.69 | 11.32 |
| Working Capital Days | 258.19 | -64.64 | 107.99 | 87.54 | 404.95 | 174.94 | 255.42 | 183.69 | 357.15 | 335.69 | 318.48 | 272.32 |
| ROCE % | 1.83% | 0.84% | 1.22% | 1.93% | 0.77% | -12.96% | 9.12% | 6.58% | 6.50% | 5.79% | 7.63% | 10.16% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Aug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 72.58% | 72.58% | 72.58% | 72.58% | 72.58% | 72.58% | 72.58% | 72.58% | 73.00% | 73.00% | 73.00% | 65.13% |
| Public | 27.42% | 27.42% | 27.42% | 27.41% | 27.41% | 27.42% | 27.42% | 27.42% | 27.00% | 27.00% | 26.99% | 34.87% |
| No. of Shareholders | 573 | 540 | 747 | 1,272 | 4,400 | 3,732 | 3,466 | 3,390 | 3,089 | 3,008 | 2,967 | 2,835 |
Fundamentals
Market Cap₹ 110 Cr.
Current Price₹ 63.0
Stock P/E29.7
Book Value₹ 17.3
ROCE10.2 %
ROE13.3 %
Dividend Yield0.16 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)62%
Compounded Profit Growth (TTM)18%
Standalone figures.
Valuation
Market capRs 85 Cr
Enterprise valueRs 110 Cr
P/E (TTM)23.01x
Price to book3.70x
Price to sales1.63x
EV / EBITDA18.26x
EV / EBIT18.38x
EV / sales2.10x
Price to cash flow198.49x
Earnings yield4.35%
Dividend yield0.15%
P/E, 3-year average20.07x
P/B, 3-year average1.84x
P/E, 5-year average14.45x
P/B, 5-year average1.26x
Profitability
Operating margin (excl. other income)7.92%
Operating margin (incl. other income)14.40%
EBITDA margin11.52%
Pre-tax margin9.44%
Net profit margin7.07%
Net margin, latest quarter6.91%
ROE13.34%
ROCE10.16%
ROA4.76%
ROE, 3-year average9.31%
ROCE, 3-year average7.92%
ROA, 3-year average4.11%
ROE, 5-year average8.77%
ROCE, 5-year average7.37%
ROA, 5-year average4.38%
ROIC (approx.)9.37%
Tax rate25.06%
Other income / net worth9.32%
Growth
Sales growth (latest year)30.61%
Profit growth (latest year)62.01%
Sales CAGR, 3 years16.64%
Sales CAGR, 5 years20.09%
Profit CAGR, 3 years47.16%
Profit CAGR, 5 years15.03%
Sales growth QoQ293.42%
Profit growth QoQ113.48%
Sales growth YoY (latest quarter)233.33%
Profit growth YoY (latest quarter)72.73%
Per share
EPS (TTM)Rs 2.78
EPS (latest year)Rs 2.17
EPS (latest quarter)Rs 1.42
EPS, 3-year averageRs 2.17
EPS, 5-year averageRs 2.71
Book value per shareRs 17.29
Sales per shareRs 39.33
Cash flow per shareRs 0.32
Free cash flow per shareRs 0.31
Dividend per share (latest year)Rs 0.10
Dividend per share, 3-year averageRs 0.10
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout4.48%
Dividend payout, 3-year average4.92%
Dividend payout, 5-year average4.16%
Efficiency
Asset turnover0.45x
Fixed asset turnover301.82x
Inventory turnover0.49x
Inventory days747 days
Debtor days11 days
Debtors turnover32.23x
Creditor days0 days
Cash conversion cycle11 days
Working capital days272 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 0 Cr
Net debtRs 25 Cr
Debt to equity1.08x
Net debt / EBITDA4.13x
Interest coverage5.71x
Owners' fund to total sources31.44%
Debt to assets34.04%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 0 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years-2.89x
Sales to cash flow77.21x
Statement figures
Net sales (TTM)Rs 52 Cr
Net sales (latest year)Rs 33 Cr
Sales (latest quarter)Rs 28 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 30 Cr
Total expenditure (latest year)Rs 31 Cr
Total income (latest year)Rs 35 Cr
Share capitalRs 13 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 73 Cr
Net blockRs 0 Cr
InvestmentsRs 1 Cr
ReceivablesRs 1 Cr
InventoryRs 61 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)1.33
Ownership
Promoter holding65.13% (-7.45 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 23.0 is at the 24th percentile of its own 7.2-year range
(median 35.5, low 7.6, high 177.6).
P/B 3.70 is at the 91th percentile (median 2.34).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 539522 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.6% | -2.8% | -0.8 pts |
| 1 month | +4.7% | -6.8% | +11.5 pts |
| 3 months | +26.4% | -7.6% | +34.0 pts |
| 3 years | +205.3% | +14.2% | +191.2 pts |
| 5 years | +455.1% | +27.9% | +427.2 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -236% of net profit over the last 3 years |
| look | Inventory outrunning sales Inventory grew 67% vs sales +31% in 2026 |
| look | Profit leans on other income Other income was 56% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹28 Cr +233.3% vs Jun 2025.
Net profit ₹2 Cr +72.7%.
Activity
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|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
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| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Grovy India Ltd?
Grovy India Ltd (539522) has a market capitalisation of Rs 110 Cr. at the 2026-10-01 close.
What is the P/E ratio of Grovy India Ltd?
Grovy India Ltd trades at a P/E of 29.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Grovy India Ltd's latest quarterly results?
In the Jun 2026 quarter, Grovy India Ltd sales was Rs 28 Cr (+233.3% vs Jun 2025) and net profit was Rs 2 Cr.