On 6 Nov 2026, Grovy India was priced at ₹55.90, or 14.9× trailing earnings, against an industry P/E of 14.8×, and the shares are 29% below their 52-week high. Sales and net profit grew 17% and 47% a year over 3 years; its ROCE of 19% is the second-highest among the 7 largest Conglomerates peers. It carries very little debt, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹98 Cr, ranked 33rd of 52 Conglomerates companies by market cap; the shares rose 50% over the past year.
- ₹55.80
- ₹59.80
- ₹55.80
- ₹58.50
- 167
Health check
- ReturnsAhead
+50.0% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 14.9 vs industry 14.8.
- GrowthStrong
Sales +16.6%, profit +47.4% a year over 3 years.
- ProfitabilityAverage
ROCE 18.5% vs peer median 12.8%.
- Balance sheetFair
Debt 0.06× equity, interest covered 5.5×, Piotroski 5 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹98 Cr
- Small cap
- P/E
- 14.9
- Industry 14.8
- Price to book
- 2.14
- Peers 5.18
- Dividend yield
- 0.18%
- ROE
- 16.7%
- Peers 11.6%
- ROCE
- 18.5%
- Peers 12.8%
- Debt to equity
- 0.06
- Debt ₹2.59 Cr
- EPS (TTM)
- ₹3.74
- OPM (TTM)
- 9.8%
- Net margin 8.3%
- Sales growth
- +79.6%
- Latest quarter vs a year ago
- Profit growth
- +436.4%
- Latest quarter vs a year ago
- Price to sales
- 1.52
- EV/EBITDA 12.0
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 436.4% on a year ago.
- Quarterly sales up 79.6% on a year ago.
About Grovy India
Grovy India Limited engages in real estate development, infrastructure development, and consultancy services in India. Its portfolio comprises residential boutique apartments, houses, low-rise residences, boutique commercial developments, and builder floors. The company was incorporated in 1985 and is based in New Delhi, India.
- Headquarters
- New Delhi
- Employees
- 9
- Sector
- Industrials
- ISIN
- INE343C01012
- Website
- grovyindia.com
Price range
- Avg volume (3M)
- 2.4K
- 1-year return
- plus 50.0%
- From 52-week high
- minus 28.9%
Peers · Conglomerates
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SRFSRF | 2,460.40 | minus 0.99% | 72,928 | 31.9 | 21.2 | 14.5% | 24.2% | 0.35 | 1.8% | minus 15.5% |
| TIINDIATube Investments of India | 2,170.00 | minus 5.65% | 42,005 | 62.9 | 16.6 | 12.8% | 9.9% | 0.05 | 15.5% | minus 23.1% |
| GODREJINDGodrej Industries | 955.85 | minus 2.40% | 32,198 | 27.4 | 32.4 | 12.3% | 10.4% | 2.22 | 9.8% | minus 11.6% |
| 3MINDIA3M India | 27,570.00 | minus 5.98% | 31,058 | 57.0 | 29.9 | 47.5% | 18.4% | 0.10 | 8.7% | minus 18.3% |
| THERMAXThermax | 2,746.30 | minus 17.27% | 30,937 | 52.6 | 26.6 | 15.3% | 12.4% | 0.42 | 9.8% | plus 1.5% |
| BEMLBEML | 1,953.20 | minus 1.89% | 16,268 | 28.0 | 55.7 | 5.9% | 7.3% | 0.11 | 3.0% | minus 7.4% |
| NAVANava | 529.15 | minus 0.99% | 14,991 | 19.8 | 7.9 | 11.1% | 38.4% | 0.21 | 6.8% | minus 12.1% |
| GROVYGrovy India | 55.90 | minus 4.44% | 98 | 14.9 | 46.6 | 18.5% | 9.8% | 0.06 | 16.6% | plus 50.0% |
| Median of 7 peers | – | −2.40% | 31,058 | 31.9 | 26.6 | 12.8% | 12.4% | 0.21 | 8.7% | −12.1% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 15 | 3 | 7 | 27.5 | 26.9 | |
| 14.6 | 2.8 | 6.4 | 24.8 | 24 | |
| 0.4 | 0.2 | 0.6 | 2.7 | 2.9 | |
| 2.5% | 5.7% | 9.0% | 9.8% | 10.6% | |
| 0.6 | 0.6 | 0.9 | 0.1 | 0.3 | |
| 0.4 | 0.1 | 0.4 | 0.2 | 0.4 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.5 | 0.7 | 1.2 | 2.5 | 2.7 | |
| 25.8% | 27.0% | 23.1% | 25.2% | 26.0% | |
| 0.4 | 0.5 | 0.9 | 1.9 | 2 | |
| 0.28 | 0.40 | 0.67 | 1.43 | 1.26 |
Profit & loss
- Sales CAGR 3Y
- +16.6%
- Profit CAGR 3Y
- +47.4%
- EPS CAGR 3Y
- +47.2%
- ROE
- 16.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.9 | 19.6 | 25.4 | 33.2 | |
| – | minus 6.6% | +30.0% | +30.6% | |
| 19.6 | 18.5 | 23.4 | 30.6 | |
| 1.3 | 1.1 | 2 | 2.6 | |
| 6.3% | 5.6% | 7.8% | 7.9% | |
| 0.2 | 0.3 | 0.9 | 2.1 | |
| 0.2 | 0.4 | 0.5 | 0.9 | |
| 0 | 0.1 | 0.1 | 0.1 | |
| – | 0.4 | 0.1 | – | |
| 1.2 | 1.3 | 2.4 | 3.9 | |
| 25.8% | 24.7% | 50.3% | 49.9% | |
| 0.9 | 1 | 1.8 | 2.9 | |
| – | +10.7% | +79.1% | +61.5% | |
| 0.68 | 0.75 | 1.35 | 2.17 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.3 | 3.3 | 13.3 | 13.3 | |
| 14.3 | 15.5 | 7.1 | 9.7 | |
| 10.2 | 11.4 | 24.6 | 25 | |
| 7.3 | 0.2 | 3.5 | 25.3 | |
| 35.1 | 30.4 | 48.6 | 73.4 | |
| 0.1 | 0.2 | 0.2 | 0.1 | |
| 0.6 | 0.9 | 0.8 | 0.6 | |
| 0.3 | 0.5 | 0 | 0 | |
| 34.2 | 28.8 | 47.6 | 72.6 | |
| 35.1 | 30.4 | 48.6 | 73.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −8.4 | −0.4 | −13.4 | 0.4 | |
| −0.2 | −0.3 | 0.8 | 0.8 | |
| 8.1 | 0.7 | 12.7 | −1.2 | |
| −0.5 | −0 | 0 | 0 | |
| −0 | −0.1 | −0 | −0 | |
| −8.4 | −0.5 | −13.4 | 0.4 | |
| −0 | −0 | −0 | −0.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.