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GRM Overseas Ltd Share Price

Food - Proccesing - Rice

NSE: GRMOVER Small Cap ISIN: INE192H01020
As on 22 January 2025 at 18:30 IST
As on 22 January 2025 at 18:30 IST
218.35
+ 8.61
(4.11%)
About GRM Overseas Ltd

GRM Overseas Ltd was established in 1995 with roots dating back to 1974. The company is a leading entity in the food processing sector. It is headquartered in Panipat, Haryana. It specializes in the milling, processing, and marketing of branded and non-branded basmati rice. The company’s commitment to quality and innovation has earned it a significant market share in both domestic and international markets. It has a focus on customer satisfaction and market expansion. GRM Overseas continues to be a key player in the rice industry. The Garg family promotes the company. Read More...

Over 1 Month
8.26%
Over 6 Months
4.03%
Over 1 Year
12.43%
Over 3 Years
-55.80%

GRM Overseas Ltd Summary

Close ₹ 218.35
Open ₹ 208.68
High ₹ 219.25
Low ₹ 207.35
Volume 4,34,023
Net Turnover (in ₹) ₹ 4,47,43,763.69
52Wk High ₹ 289
52Wk Low ₹ 113
52Wk High / Low
113
289

GRM Overseas Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 1,258.44
EPS (TTM) 8.69
Book Value (BV) 60.28
Div. Yield -
P/E (TTM) 24.17
Price/Book Value 3.48
Delivery % 54.03 %
Face Value 2

Key Ratios

PE Ratio 13.87
PB Ratio 2.34
EV to Sales 0.93
PEG Ratio -3.35
ROA 7.34
ROE 18.43
Debt-Equity 1.43
Net Profit Margin 4.33
Operating Profit Margin 7.71

GRM Overseas Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue1,344.971,392.221,171.36805.82789.97
Total Expenses1,264.511,304.821,057.72746.97746.92
Profit Before Tax80.4687.40113.6458.8543.05
Profit After Tax60.7262.8684.5245.4231.70
Operating Profit after Depreciation101.06107.22126.6370.5657.54

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets36.9638.5337.1936.0138
Total Non Current Assets45.8351.1139.6337.8238.75
Total Current Assets724.44732.90627.36377.09320.65
TOTAL ASSETS770.27784.01666.99414.90359.40
Total Shareholder's Fund330.67274205.66135.0189.92

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities47.12-88.71-115.7035.20162.09
Net Cash used in Investing Activities-4.34-4.76-5.97-0.86-7.12
Net Cash used in Financing Activities-39.3789124.57-32.97-154.57

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue1,218.041,274.301,135.39783.50779.33
Total Expenses1,150.691,199.701,029.23734.35731.83
Profit Before Tax67.3674.60106.1649.1547.51
Profit After Tax51.3953.5678.8436.6336.16
Operating Profit after Depreciation87.8393.76118.8960.8061.99

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets35.7737.2136.2735.0637.34
Total Non Current Assets37.7539.0937.2538.3939.51
Total Current Assets699.46722.09617.42377.93332.54
TOTAL ASSETS737.21761.19654.67416.32372.05
Total Shareholder's Fund306.48255.08204.20139.40101.72

Cash Flow

Particulars (in ₹ Cr.) FY 2023FY 2022FY 2021FY 2020FY 2019
Net Cash from Operating Activities-52.08-112.9733.89161.18-22.52
Net Cash used in Investing Activities-6.17-4.46-0.58-6.46-14.99
Net Cash used in Financing Activities56.11119.03-33.03-154.5638.41

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue315.49370.08405.93382.48203.67
Total Expenses304.32346.63384.10364.19195.77
Profit Before Tax12.6524.3526.7020.829.66
Profit After Tax9.1918.0221.1715.496.62
Operating Profit after Depreciation15.9028.6333.5126.8914.61

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue149.92275.90365.44357.47165.60
Total Expenses141.82255.30351342.11158.05
Profit Before Tax9.6221.5219.1717.969.24
Profit After Tax7.1216.0815.6813.266.77
Operating Profit after Depreciation12.8225.7625.9223.9514.16

GRM Overseas Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 205.31
S2 200.89
S3 194.55
Pivot 211.65
R1 216.07
R2 222.41
R3 226.83

Moving Average

20 SMA 197.70
50 SMA 202.91
100 SMA 223.07
200 SMA 200.23

GRM Overseas Ltd Corporate Actions

No available data

GRM Overseas Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
GRM Overseas Ltd ₹210.05 ₹1,260.30
Hindustan Unilever Ltd ₹2,340.40 ₹5,49,898.34
Nestle India Ltd ₹2,195.90 ₹2,11,719.27
Varun Beverages Ltd ₹541.25 ₹1,83,024.23
Godrej Consumer Products Ltd ₹1,160.15 ₹1,18,684.26
Britannia Industries Ltd ₹4,904.60 ₹1,18,136.26

GRM Overseas Ltd News

GRM's 10X Brand unveils refreshed brand identity featuring Salman Khan

10 Dec 2024, 10:42 am

GRM Overseas schedules board meeting

On 13 November 2024

11 Nov 2024, 02:09 pm

GRM Overseas to convene AGM

On 28 September 2024

31 Aug 2024, 03:39 pm

GRM Overseas acquires 44% stake in digital-first coffee brand 'Rage Coffee'

28 Aug 2024, 05:28 pm

Grm Overseas gains after acquiring 44% stake in Rage Coffee

Grm Overseas added 2.08% to Rs 274.70 after the company's board approved the strategic investment in Swmabhan Commerce, a parent company of Rage Coffee, acquiring 44% equity stake through primary infusion and secondary buyouts.

28 Aug 2024, 01:00 pm

GRM Overseas Ltd Stock Analysis

  1. Annual revenue for GRM Overseas Ltd decreased by 4.41% to ₹1,218.04 crore in FY 2024 from ₹1,274.30 crore in FY 2023.
  2. Annual Net Profit for GRM Overseas Ltd decreased by 4.06% to ₹51.39 crore in FY 2024 from ₹53.56 crore in FY 2023.
  3. Promoter Shareholding in GRM Overseas Ltd remains unchanged by 0.00% in the most recent quarter, from 72.29% in September 2024 to 72.29% in December 2024.
  4. GRM Overseas Ltd delivered a 1-year return of 12.43% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. GRM Overseas Ltd share price moved up by 4.11% from its previous close of INR ₹209.74. The latest GRM Overseas Ltd share price is INR ₹218.35.
  6. GRM Overseas Ltd share price today has been at a low of 207.35 and a high of 219.25. Over the past 52 weeks, the GRM Overseas Ltd share price has seen a low of 113 and a high of 289.

About GRM Overseas Ltd

GRM Overseas Ltd is a leading entity in the food processing sector. It specialises in the milling, processing, and marketing of branded and non-branded basmati rice. It was founded in 1995, with roots dating back to 1974. GRM has established a strong presence in both domestic and international markets. Headquartered in Panipat, Haryana, the company has built a reputation for delivering high-quality rice products.

The promoters of GRM Overseas are the Garg family, who have been instrumental in driving the company’s growth and success. The company’s main products include various varieties of basmati rice, catering to the diverse preferences of consumers.

GRM Overseas Ltd is recognized as one of the leading rice exporters in India. The company’s significant market share underscores its influence in the industry. The registrar of the company is MAS Services Ltd. The promoter shareholding of the company is 72.29%. A dedicated management team leads the company. Their combined expertise and leadership have been pivotal in steering the company towards new heights.

Here are the main managing promoters of the company:
  • Mr. Atul Garg
  • Mr. Hukum Chand Garg    
  • Mrs. Mamta Garg  
  • Mr. Nipun Jain       
  • Mr. Raj Kumar Garg

The registered office of GRM Overseas Ltd is located at Gohana-Rohtak Road, 8 K.M. Stone, Village Naultha, Panipat, Haryana 132145, India. The company’s market position highlights its importance in the food processing sector.

GRM Overseas Ltd is committed to quality and innovation. This fact has solidified its reputation as a trusted name in the rice industry. The company’s focus on customer satisfaction and market expansion continues to drive its growth and success. It is reinforcing its status as a critical player in the sector.

Company History

GRM Overseas Ltd has a rich history that dates back to 1974 when it was established as a partnership firm named Garg Rice & General Mills. The founding partners were Sh. Munna Lal, Smt. Suneheri Devi, Sh. Shiv Dhan Mal, Sh. Hukam Chand and Sh. Suresh Kumar. Initially, the firm operated a rice sheller in Panipat, Haryana, with a capacity of 1 tonne paddy per hour.

In 1980, the firm expanded its capacity to 2 tonnes of paddy per hour. By 1987-88, GRM Overseas was processing rice primarily for the domestic market. However, the company ventured into the international market in 1988-89, exporting rice to Saudi Arabia. The export turnover marked a significant growth in its export sales. The brand name Kamdhenu was registered under the Trade and Merchandise Marks Act 1958 by the company in 1989, and the brand name Chef was registered in 1994.

On January 3, 1995, the partnership firm was converted into a public limited company, and the name was changed to GRM Overseas Ltd. The company continued to expand its market reach. It exports rice to countries like the United Kingdom and the United States. Over the years, GRM Overseas has developed a market for its rice in more than 38 countries. It achieved the title of the Third Largest Rice Exporter in India.

In recent years, GRM Overseas has focused on reaching consumers directly with its brands and products. The company has established itself as a quality basmati rice producer and supplier. It exports to countries like Saudi Arabia and Europe. The company had a well-defined strategy of employing cutting-edge technology and investing in research and development. GRM Overseas continues to anticipate changes in food industry trends and bring products to cater to the ever-growing market.

GRM Overseas Ltd has been making significant strides in recent years. The company’s stock price surged over 11% following the launch of new packaging for its 10X brand. It also features Bollywood star Salman Khan. This move is part of GRM’s strategy to strengthen its market presence and appeal to consumers both in India and abroad.

Additionally, GRM Overseas has been expanding its product range to include ready-to-cook biryani kits, spices, and atta. These were produced under brands like Shakti Chakki Fresh and Himalaya. The company continues to explore new distribution partnerships in both domestic and international markets. It leverages its strong brand and commitment to quality.

GRM Overseas Ltd has been expanding its retail presence by introducing its products in major supermarket chains and e-commerce platforms. This strategy aims to increase accessibility and convenience for consumers. It further strengthens the company’s market position. Additionally, GRM Overseas is actively exploring new distribution partnerships in both domestic and international markets. These initiatives are aimed at strengthening its market position and ensuring sustained growth. The company’s focus on quality, innovation, and customer satisfaction remains at the core of its business strategy, driving its success in the competitive food processing sector.

These developments highlight GRM Overseas’ dedication to innovation and growth. This is ensuring its continued success in the competitive food processing sector. Additionally, GRM Overseas Ltd is focusing on expanding its retail presence. It is done by introducing its products in major supermarket chains and e-commerce platforms. This strategy aims to increase accessibility and convenience for consumers. It also further strengthens the company’s market position.

FAQ’s

What is the share price of GRM Overseas Ltd today?

GRM Overseas Ltd share price as on 22 Jan 2025 is ₹ 218.35

What is the Market Cap of GRM Overseas Ltd?

The market cap of GRM Overseas Ltd stock is ₹1,258.44 Cr.

What is the PE Ratio of GRM Overseas Ltd?

The Price to Earnings (P/E) Ratio of GRM Overseas Ltd is 13.87

What is the PB Ratio of GRM Overseas Ltd?

The Price to Book (P/B) Ratio of GRM Overseas Ltd is 2.34

What is the 52 week high of GRM Overseas Ltd Share Price?

The 52 week high of GRM Overseas Ltd share price stands at ₹289

What is the 52 week low of GRM Overseas Ltd Share Price?

The 52 week low of GRM Overseas Ltd share price stands at ₹113

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