As of 6 Nov 2026, GRM Overseas trades at 20.3× trailing earnings, above the industry P/E of 19.5×, and the shares are 50% below their 52-week high. It earns ROCE of 20% and ROE of 14%, and sales and net profit grew 8.1% and 5.2% a year over 3 years. Debt is 0.61× equity. It is a small-cap company with a market cap of ₹1,923 Cr, ranked 31st of 127 Packaged Foods companies by market cap; the shares fell 33% over the past year.
- ₹93.91
- ₹94.96
- ₹91.56
- ₹94.68
- 18.1 L
Health check
- ReturnsBehind
−33.1% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 20.3 vs industry 19.5.
- GrowthSlow
Sales +8.1%, profit +5.2% a year over 3 years.
- ProfitabilityStrong
ROCE 20.0% vs peer median 15.3%.
- Balance sheetStretched
Debt 0.61× equity, interest covered 5.7×, Piotroski 3 of 9.
- Red flags1 to check
50% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,923 Cr
- Small cap
- P/E
- 20.3
- Industry 19.5
- Price to book
- 1.42
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- 14.2%
- Peers 14.8%
- ROCE
- 20.0%
- Peers 15.3%
- Debt to equity
- 0.61
- Debt ₹368 Cr
- EPS (TTM)
- ₹4.57
- Face value ₹2
- OPM (TTM)
- 5.5%
- Net margin 4.2%
- Sales growth
- +30.5%
- Latest quarter vs a year ago
- Profit growth
- +10.2%
- Latest quarter vs a year ago
- Price to sales
- 1.03
- EV/EBITDA 40.5
Strengths and risks
Strengths
- Return on capital employed of 20.0%.
- Quarterly sales up 30.5% on a year ago.
Risks to check
- 50% below its 52-week high.
About GRM Overseas
GRM Overseas Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice in India. It offers spices; and chakki fresh atta, as well as a ready-to-cook biryani kit. The company markets its products under 10X, Tanoush, Shakti, and Himalaya River brands. It also exports its products to the Middle East, the United Kingdom, and the United States, and internationally. The company was founded in 1974 and is based in Panipat,…
- Headquarters
- Panipat
- Employees
- 141
- Sector
- Consumer Defensive
- ISIN
- INE192H01020
- Website
- grmrice.com
Price range
- Avg volume (3M)
- 15.2 L
- 1-year return
- minus 33.1%
- From 52-week high
- minus 50.0%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| GRMOVERGRM Overseas | 92.67 | minus 2.12% | 1,923 | 20.3 | 1.42 | 20.0% | 14.2% | 5.5% | 8.1% | 5.2% | 0.00% | minus 33.1% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 327 | 362 | 483 | 597 | 427 | |
| 303 | 348 | 461 | 567 | 391 | |
| 24 | 14.8 | 21.4 | 30.1 | 35.5 | |
| 7.3% | 4.1% | 4.4% | 5.0% | 8.3% | |
| 7.7 | 9.7 | 9.8 | 9.6 | 0.5 | |
| 5.4 | 5.1 | 4.9 | 7.3 | 5.1 | |
| 0.8 | 0.8 | 0.8 | 1.1 | 1 | |
| 25.4 | 18.6 | 25.5 | 31.3 | 29.9 | |
| 24.8% | 20.5% | 24.3% | 26.8% | 28.4% | |
| 19.1 | 14.8 | 19.1 | 21.6 | 21 | |
| 2.76 | 0.79 | 0.92 | 2.35 | 0.51 |
Profit & loss
- Sales CAGR 3Y
- +8.1%
- Profit CAGR 3Y
- +5.2%
- EPS CAGR 3Y
- +29.4%
- ROE
- 14.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,354 | 1,288 | 1,345 | 1,712 | |
| – | minus 4.9% | +4.4% | +27.3% | |
| 1,254 | 1,216 | 1,265 | 1,622 | |
| 99.2 | 72.2 | 79.5 | 90.3 | |
| 7.3% | 5.6% | 5.9% | 5.3% | |
| 10.5 | 26.5 | 25.2 | 35.4 | |
| 18.3 | 19.4 | 16.9 | 21.4 | |
| 3.8 | 3.7 | 3 | 3.5 | |
| −0.2 | 4.8 | – | −0.1 | |
| 87.4 | 80.5 | 84.7 | 101 | |
| 28.1% | 24.5% | 27.7% | 24.5% | |
| 62.7 | 59.8 | 60.6 | 73 | |
| – | minus 4.6% | +1.4% | +20.5% | |
| 3.48 | 3.32 | 2.92 | 7.54 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12 | 12 | 12 | 41.4 | |
| 262 | 319 | 414 | 560 | |
| 413 | 393 | 364 | 368 | |
| 96.9 | 46.5 | 121 | 191 | |
| 784 | 770 | 911 | 1,160 | |
| 37.8 | 36.2 | 39.6 | 42.3 | |
| 0 | – | 0.1 | 2.5 | |
| 11.8 | 8 | 10 | 13.5 | |
| 4.4 | 10.1 | 53.3 | 74 | |
| 730 | 716 | 808 | 1,028 | |
| 784 | 770 | 911 | 1,160 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −88.7 | 47.1 | 62.3 | −53.6 | |
| −4.8 | −4.3 | −7.7 | −53 | |
| 89 | −39.4 | −11.7 | 82.3 | |
| −4.5 | 3.4 | 42.9 | −24.3 | |
| −5.2 | −2.2 | −7.5 | −1.8 | |
| −93.9 | 44.9 | 54.8 | −55.3 | |
| −2.7 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 4.7% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.