Price
Financials
Standalone, Rs crore| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 10 | 7 | 7 | 4 | 6 | 5 | 5 |
| Expenses | 7 | 6 | 7 | 6 | 10 | 9 | 8 |
| Operating Profit | 3 | 1 | -0 | -2 | -4 | -4 | -3 |
| OPM % | 28% | 14% | -2.8% | -36% | -63% | -75% | -50% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -5 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 1 | -1 | -2 | -4 | -4 | -8 |
| Tax % | 22% | 25% | 0% | -22% | -22% | -22% | -9% |
| Net Profit | 2 | 1 | -1 | -1 | -3 | -3 | -7 |
| EPS in Rs | 1,950.00 | 1.36 | -2.42 | -2.78 | -6.34 | -5.73 | -11.84 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 8 | 12 | 15 | 13 | 10 | 10 |
| Expenses | 8 | 11 | 12 | 13 | 16 | 17 |
| Operating Profit | 0 | 0 | 3 | 1 | -5 | -6 |
| OPM % | 1.4% | 2.2% | 19% | 5% | -51% | -62% |
| Other Income | 0 | 0 | 0 | 0 | 0 | -5 |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | -0 | 0 | 3 | -0 | -6 | -12 |
| Tax % | 0% | 0% | 21% | 4% | -22% | -13% |
| Net Profit | -0 | 0 | 2 | -0 | -5 | -11 |
| EPS in Rs | -40.00 | 30.00 | 1,990.00 | -0.63 | -9.12 | -16.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 4% | -13% | -1% | ||
| Compounded Profit Growth | % | % | % | -23% | ||
| Stock Price CAGR | % | % | % | -30% | ||
| Return on Equity | % | % | -29% | -27% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 4 | 5 | 6 |
| Reserves | -0 | 0 | 2 | 0 | 18 | 13 |
| Borrowings | 1 | 1 | 3 | 15 | 4 | 3 |
| Other Liabilities | 2 | 2 | 3 | 3 | 3 | 3 |
| Total Liabilities | 3 | 3 | 8 | 22 | 29 | 25 |
| Fixed Assets | 1 | 1 | 1 | 2 | 7 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2 | 2 | 6 | 20 | 23 | 21 |
| Total Assets | 3 | 3 | 8 | 22 | 29 | 25 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 0 | 2 | -0 | -4 | -7 |
| Cash from Investing Activity | -1 | -0 | -3 | -16 | -5 | -2 |
| Cash from Financing Activity | 0 | 0 | 1 | 16 | 11 | 6 |
| Net Cash Flow | -0 | 0 | 1 | -0 | 2 | -3 |
| Free Cash Flow | -0 | -0 | 2 | -1 | -9 | -9 |
| CFO/OP | 267% | 12% | 81% | -15% | 69% | 115% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 5 | 4 | 16 | 22 | 73 | 8 |
| Inventory Days | 41 | 25 | 22 | 21 | 19 | 20 |
| Days Payable | 135 | 87 | 143 | 208 | 170 | 134 |
| Cash Conversion Cycle | -89 | -59 | -106 | -164 | -78 | -107 |
| Working Capital Days | -29 | -10 | -26 | -321 | -17 | -63 |
| ROCE % | 13% | 86% | 4% | -25% | -28% |
| Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Nov 2025 | Mar 2026 | Jun 2026 | Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 36.64% | 36.64% | 33.72% | 33.72% | 32.57% | 30.25% | 27.57% | 26.87% |
| FIIs | 0.00% | 0.00% | 7.95% | 7.95% | 16.89% | 22.82% | 20.80% | 20.32% |
| Public | 63.36% | 63.36% | 58.32% | 58.32% | 50.53% | 46.93% | 51.63% | 52.81% |
| No. of Shareholders | 327 | 283 | 254 | 188 | 171 | 144 | 153 | 151 |
Fundamentals
Market Cap₹ 60.7 Cr.
Current Price₹ 85.4
Book Value₹ 30.8
ROCE-28.5 %
ROE-27.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-23%
Standalone figures.
Valuation
Market capRs 59 Cr
Enterprise valueRs 60 Cr
P/E (TTM)1967.04x
Price to book2950.56x
Price to sales5.13x
EV / EBITDA223.23x
EV / EBIT401.81x
EV / sales5.24x
Price to cash flow1967.04x
Earnings yield0.05%
Profitability
Operating margin (excl. other income)2.17%
Operating margin (incl. other income)2.35%
EBITDA margin2.35%
Pre-tax margin0.35%
Net profit margin0.26%
ROE1729382256910270464.00%
ROCE12.99%
ROA1.08%
ROIC (approx.)11.72%
Other income / net worth100.00%
Growth
Sales growth (latest year)39.39%
Per share
EPS (TTM)Rs 0.04
EPS (latest year)Rs 30.00
Book value per shareRs 0.03
Sales per shareRs 16.19
Cash flow per shareRs 0.04
Free cash flow per shareRs -12.67
Efficiency
Asset turnover3.97x
Fixed asset turnover10.00x
Inventory turnover18.04x
Inventory days20 days
Debtor days4 days
Debtors turnover95.83x
Creditor days134 days
Cash conversion cycle-107 days
Working capital days-63 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 0 Cr
Net debtRs 1 Cr
Debt to equity67.00x
Net debt / EBITDA4.67x
Interest coverage1.36x
Owners' fund to total sources0.69%
Debt to assets46.21%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -9 Cr
FCFE (approx.: FCF + change in debt)Rs -9 Cr
Sales to cash flow383.33x
Statement figures
Net sales (TTM)Rs 12 Cr
Net sales (latest year)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 4 Cr
Total expenditure (latest year)Rs 11 Cr
Total income (latest year)Rs 12 Cr
Share capitalRs 0 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 0 Cr
Total assetsRs 3 Cr
Net blockRs 1 Cr
ReceivablesRs 0 Cr
InventoryRs 0 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.71
Ownership
Promoter holding26.87% (-6.85 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | BIRDYS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.2% | -2.8% | +1.6 pts |
| 1 month | -38.2% | -6.8% | -31.4 pts |
| 3 months | -33.3% | -7.6% | -25.6 pts |
| 6 months | -30.8% | +0.4% | -31.2 pts |
| 1 year | -0.5% | -9.9% | +9.4 pts |
Red flags
F-score 6 of 8| explain | Low interest cover Interest cover 1.4x in 2026 |
| look | Profit leans on other income Other income was 50% 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
Mar 2026Sales ₹5 Cr -28.6% vs Mar 2024.
Net loss ₹7 Cr.
Activity
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| Spice Lounge Food Works Ltd | 2,154 | 137 | 6.42 % |
| Speciality Restaurants Ltd | 763 | 28.8 | 8.58 % |
| Coffee Day Enterprises Ltd | 646 | 1.27 % | |
| Vegorama Punjabi Angithi Ltd | 398 | 32.9 | 65.9 % |
| Gourmet Gateway India Ltd | 174 | 242 | 6.31 % |
| Vikram Kamats Hospitality Ltd | 52 | 34.1 | 5.82 % |
| Pecos Hotels & Pubs Ltd | 26 | 15.8 | 32.9 % |
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 daysLoss makingSME scrip is not regularly traded
Quick answers
What is the market cap of Grill Splendour Services Ltd?
Grill Splendour Services Ltd (BIRDYS) has a market capitalisation of Rs 60.7 Cr. at the 2026-10-01 close.
What were Grill Splendour Services Ltd's latest quarterly results?
In the Mar 2026 quarter, Grill Splendour Services Ltd sales was Rs 5 Cr (-28.6% vs Mar 2024) with a net loss of Rs 7 Cr.
What is the 52-week high and low of Grill Splendour Services Ltd?
The 52-week high is Rs 151.90 and the 52-week low is Rs 81.95.