---
title: "GRM Overseas Ltd (GRMOVER) — Share Price, Financials & Analysis"
symbol: "GRMOVER"
company: "GRM Overseas Ltd"
canonical: "https://tapetide.com/stocks/GRMOVER"
isin: "INE192H01020"
nse_symbol: "GRMOVER"
bse_code: "531449"
sector: "FMCG"
industry: "Agricultural Products"
market_cap_cr: 1769.57
generated_at: "2026-09-13T18:49:33.993Z"
---

# GRM Overseas Ltd (GRMOVER)

Canonical page: https://tapetide.com/stocks/GRMOVER

## Company

- **NSE Symbol:** GRMOVER
- **BSE Code:** 531449
- **ISIN:** INE192H01020
- **Sector:** FMCG
- **Industry:** Agricultural Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2022-09-07
- **CEO:** Mr. Atul Garg
- **Employees:** 132
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** grmrice.com

## About

Incorporated in 1995, GRM Overseas Ltd is in the business of milling, processing and marketing of branded /nonbranded basmati rice in the domestic and overseas market[1]

## Latest Price

- **Price:** ₹84.45
- **Change:** -3.03 (-3.46%)
- **Open:** ₹86.37
- **Day High:** ₹87.38
- **Day Low:** ₹82.2
- **Previous Close:** ₹87.48
- **Volume:** 1178962
- **As Of:** 2026-09-11T10:27:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:07.586289Z.

- **Market Cap:** ₹1769.57 Cr
- **Classification:** Microcap
- **P/E (reported):** 23.7
- **P/E (TTM):** 21.65
- **EPS (TTM):** ₹3.9
- **EPS (reported):** ₹10.22
- **Book Value:** ₹28.94
- **Price to Book:** 3.03
- **Dividend Yield:** 0.51%
- **ROE:** 14.3%
- **ROCE:** 23.72%
- **Debt to Equity:** 0.61
- **Revenue (yearly):** ₹1769.2 Cr
- **Net Income:** ₹76.26 Cr
- **EBITDA:** ₹90.3 Cr
- **52-Week High:** ₹185.45
- **52-Week Low:** ₹81.95
- **RSI (14):** 45.99

## Tapetide Score

- **Score:** 42 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 19.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50.41 | 9% |
| growth | 98.08 | 9% |
| momentum | 4.86 | 12% |
| ownership | 38.7 | 24% |
| quality | 49.1 | 22% |
| valuation | 32.75 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 2.91 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -8.66%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 32.3% | 170.27% | 77.1% |
| ebitda margin growth | -9.32% | -34.9% | -35.82% | -54.87% |
| net income growth | -2.78% | 24.61% | 5% | 10% |
| revenue growth | -29.63% | 28.74% | 9% | 18% |
| roce | -9.3% | -21.22% | -38.41% | 40.87% |
| roe | -2.64% | -21.64% | 18.47% | -57.43% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 204 | 382 | 406 | 370 | 315 | 371 | 291 | 327 | 362 | 483 | 597 | 427 |
| Expenses | 196 | 364 | 384 | 347 | 304 | 359 | 259 | 303 | 348 | 461 | 567 | 391 |
| Operating Profit | 8 | 18 | 22 | 23 | 11 | 12 | 33 | 24 | 15 | 21 | 30 | 36 |
| OPM % | 3.9 | 4.8 | 5 | 6 | 3.5 | 3.3 | 11 | 7 | 4.1 | 4.4 | 5 | 8 |
| Other Income | 7 | 9 | 12 | 5 | 5 | 11 | 5 | 8 | 10 | 10 | 10 | 0 |
| Interest | 4 | 5 | 6 | 4 | 2 | 4 | 8 | 5 | 5 | 5 | 7 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 10 | 21 | 27 | 24 | 13 | 19 | 29 | 25 | 19 | 25 | 31 | 30 |
| Tax % | 31 | 26 | 21 | 26 | 27 | 28 | 29 | 25 | 21 | 24 | 27 | 28 |
| Net Profit | 7 | 15 | 21 | 18 | 9 | 14 | 20 | 19 | 15 | 19 | 22 | 21 |
| EPS in Rs | 0.37 | 0.86 | 1.18 | 1 | 0.51 | 0.75 | 1.14 | 1.04 | 0.8 | 1.04 | 1.04 | 1.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 943 | 1107 | 749 | 770 | 1134 | 1379 | 1312 | 1347 | 1769 | 1869 |
| Expenses | 908 | 1072 | 702 | 702 | 1041 | 1281 | 1240 | 1267 | 1679 | 1767 |
| Operating Profit | 35 | 35 | 48 | 67 | 93 | 98 | 72 | 80 | 90 | 102 |
| OPM % | 3.7 | 3.1 | 6 | 9 | 8 | 7 | 6 | 6 | 5 | 5 |
| Other Income | 0 | 1 | 13 | 6 | 37 | 13 | 33 | 26 | 37 | 29 |
| Interest | 15 | 16 | 14 | 12 | 13 | 20 | 21 | 18 | 23 | 22 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 4 |
| Profit before tax | 18 | 18 | 43 | 59 | 114 | 87 | 80 | 85 | 101 | 105 |
| Tax % | 35 | 49 | 26 | 23 | 26 | 28 | 25 | 28 | 25 | — |
| Net Profit | 12 | 9 | 32 | 45 | 85 | 63 | 61 | 61 | 74 | 76 |
| EPS in Rs | 0.71 | 0.54 | 1.9 | 2.55 | 4.66 | 3.48 | 3.32 | 3.37 | 3.53 | 3.9 |
| Dividend Payout % | 0 | 20 | 6 | 17 | 66 | 4 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 12 | 12 | 12 | 12 | 41 |
| Reserves | 38 | 50 | 57 | 86 | 131 | 194 | 262 | 319 | 414 | 560 |
| Borrowings | 198 | 292 | 348 | 210 | 188 | 338 | 413 | 393 | 364 | 368 |
| Other Liabilities | 60 | 100 | 83 | 59 | 92 | 123 | 97 | 46 | 121 | 191 |
| Total Liabilities | 300 | 446 | 492 | 359 | 415 | 667 | 784 | 770 | 911 | 1160 |
| Fixed Assets | 21 | 21 | 31 | 38 | 36 | 37 | 39 | 37 | 40 | 41 |
| CWIP | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 12 | 9 | 11 | 9 |
| Other Assets | 279 | 425 | 459 | 321 | 379 | 628 | 733 | 725 | 860 | 1111 |
| Total Assets | 300 | 446 | 492 | 359 | 415 | 667 | 784 | 770 | 911 | 1160 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -67 | -77 | -21 | 162 | 35 | -116 | -89 | 47 | 62 | -54 |
| Cash from Investing Activity | -2 | -2 | -15 | -7 | -1 | -6 | -5 | -4 | -8 | -53 |
| Cash from Financing Activity | 56 | 78 | 38 | -155 | -33 | 125 | 89 | -39 | -12 | 82 |
| Net Cash Flow | -13 | -1 | 2 | 0 | 1 | 3 | -4 | 3 | 43 | -24 |
| Free Cash Flow | -69 | -79 | -36 | 155 | 34 | -120 | -94 | 45 | 56 | -55 |
| CFO/OP | -316 | -207 | -33 | 363 | 74 | -108 | -62 | 98 | 113 | -30 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 46 | 74 | 92 | 125 | 120 | 130 | 107 | 134 | 130 | 119 |
| Inventory Days | 147 | 103 | 64 | 33 | 67 | 80 | 101 | 71 | 102 | 104 |
| Days Payable | 18 | 39 | 23 | 20 | 28 | 32 | 24 | 10 | 9 | 11 |
| Cash Conversion Cycle | 174 | 138 | 132 | 139 | 159 | 177 | 183 | 195 | 223 | 212 |
| Working Capital Days | 43 | 13 | 8 | 24 | 45 | 52 | 59 | 78 | 89 | 99 |
| ROCE % | 9 | 11 | 9 | 16 | 23 | 29 | 17 | 14 | 14 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.72% | 71.72% | 72.17% | 72.29% | 72.29% | 72.29% | 72.43% | 70.84% | 68.19% | 68.27% | 62.51% | 63.06% |
| FIIs | 0% | 0.08% | 0.26% | 0.67% | 0.23% | 0.17% | 0.72% | 1.89% | 3.36% | 4.92% | 9.5% | 7.28% |
| DIIs | 0.02% | 0% | 0% | 0% | 0.25% | 0.25% | 0.25% | 0.49% | 1.82% | 1.63% | 2.91% | 2.91% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 18.8% | 19.07% | 19.92% | 19.62% | 19.63% | 19.82% | 18.99% | 17.33% | 18.99% | 17.7% | 18.42% | 16.92% |
| Others | 9.46% | 9.13% | 7.66% | 7.42% | 7.61% | 7.47% | 7.61% | 9.46% | 7.65% | 7.48% | 6.66% | 9.83% |
| No. of Shareholders | 26016 | 25302 | 25248 | 25571 | 34199 | 33919 | 27780 | 23837 | 23083 | 23656 | 22615 | 29061 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 86.52 | Sell |
| EMA (10) | 86.79 | Sell |
| SMA (20) | 87.27 | Sell |
| EMA (20) | 87.59 | Sell |
| SMA (50) | 90.31 | Sell |
| EMA (50) | 93.68 | Sell |
| SMA (100) | 113.22 | Sell |
| EMA (100) | 107.38 | Sell |
| SMA (200) | 136.9 | Sell |
| EMA (200) | 119.41 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.63 | Neutral |
| MACD (12,26,9) | -1.38 | Buy |
| Stochastic (14,3,3) | 41.13 | Neutral |
| ADX (14) | 13.34 | Neutral |
| Williams %R (14) | -72.05 | Neutral |
| ATR (14) | 3.26 | High Volatility |
| ROC (12) | -4.94 | Sell |
| Stoch RSI (14) | 16.92 | Buy |
| UO (7,14,28) | 51.72 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c5ea09d-1ca2-4040-951c-5dd4b4c0381c.pdf) |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a681442-afcb-49bc-9e95-be4a051b6271.pdf) |
| 2026-09-06 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04e41622-1653-4f6c-a959-4e2691428d24.pdf) |
| 2026-09-06 | [Notice Of 32Nd Annual General Meeting Of The Company Is Schedule To Be Held On 29Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2c851db-6d67-46dc-84fa-e9e2b82bd932.pdf) |
| 2026-09-06 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea3c72d5-c41a-4c43-aae6-e471816e8f45.pdf) |
| 2026-09-06 | [Dispatch Of Letter To Shareholders Providing Web-Link To Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bff283c3-e757-44ef-b6f2-7f0f0d6b3e3f.pdf) |
| 2026-08-27 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On August 27 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84ed9585-bc51-41b1-ba39-b988070d67f9.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dce620e2-c7f9-4780-a8e5-6565876a8ce1.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of The Board Meeting And Submission Of Unaudited Financial Results For Quarter Ended 30Th June 2026 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81d3ee84-ddb3-43aa-8bad-4360efd7fa2f.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44f4ca8b-eac7-422f-b73b-8ed9c7e4c5a9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Outcome Of The Board Meeting And Submission Of Unaudited Financial Results For Quarter Ended 30Th June 2026 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f842237-e468-4975-b8af-968b2278087d.pdf) |
| 2026-05-29 | [Audited Financial Results For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71dbcd8a-76ff-4288-9544-ab431eeceae6.pdf) |
| 2026-02-04 | [Approval Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d43ba377-e596-4c98-a652-4666ac491b1c.pdf) |
| 2025-11-13 | [Outcome Of The Board Meeting Held On November 13 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97fbb230-5e3e-43c1-88ed-1353ec0fef81.pdf) |
| 2025-08-12 | [Outcome Of The Board Meeting And Submission Of Unaudited Financial Results For Quarter Ended 30Th June 2025 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9eb05145-6d8a-41bb-9cc7-d69dcf695fbf.pdf) |
| 2025-05-28 | [Outcome Of The Board Meeting Held On Wednesday May 28 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b108af0b-6bb3-42bf-8591-4e2c859880db.pdf) |
| 2025-02-13 | [Submission Of Un-Audited Financial Results For Quarter And Nine Months Ended December 31 2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86b4fccc-9d71-4f69-9336-21a985975042.pdf) |
| 2024-11-13 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On November 13, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4cd652f-69de-4366-a73c-1d84a64b32a8.pdf) |
| 2024-11-13 | [Outcome Of The Board Meeting Held On November 13, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=969e75eb-39b0-4e37-861e-d1db654183e3.pdf) |
| 2024-08-12 | [Board Meeting Outcome for Outcome Of The Board Meeting And Submission Of Unaudited Financial Results For Quarter<BR> Ended 30Th June, 2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59cda278-ce31-4a41-95bc-facf5bd8938d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5eba38cc-ed46-48f0-9818-0c176af8db7b.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37fab9e0-e719-4d37-93eb-5db30b5d624d.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d1feeb4-e1c5-4b81-acd4-c8eff7014352.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d98a84e-f739-4050-b48f-60b37bccf057.pdf) |
| 2025-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5923a474-ba13-44bc-a9f6-2e218ce367f1.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4492ade5-1d05-499e-b596-3655c50ad77e.pdf) |
| 2023-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6d2268d-0058-49b7-b70e-a73328338bb8.pdf) |
| 2023-05-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9eb76095-2f40-43b8-9a2e-11b692bd10ce.pdf) |
| 2023-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d22f272-9e42-4ddb-b0f3-db7decb139e3.pdf) |
| 2022-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd85285e-e0a7-4a84-a520-1cef4cf39973.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - EOGM on May 2, 2026 to alter MOA objects and reappoint Nidhi as independent director. | [Notice Of The Extra-Ordinary General Meeting Of The Members Of The Company Scheduled To Be Held On Saturday, May 02, 2026. 9 Apr - EOGM on May 2, 2026 to alter MOA objects and reappoint Nidhi as independent director.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35ec2202-57d1-46a7-b643-efac98a04674.pdf) |
| 7 Apr - Board approved MOA object clause changes, reappointed Mrs. Nidhi, and fixed EGM on May 2, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 7 Apr - Board approved MOA object clause changes, reappointed Mrs. Nidhi, and fixed EGM on May 2, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f916bac1-8543-424b-a704-c5eba00fcadf.pdf) |
| 7 Apr - Board approved MOA object changes, reappointed Nidhi for 5 years, and called EGM on May 2, 2026. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 7 Apr - Board approved MOA object changes, reappointed Nidhi for 5 years, and called EGM on May 2, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/005a1702-2b2a-4d66-adfc-4124fb35f77e.pdf) |
| 6 Feb - Allotted 77,18,000 shares on warrant conversion; bonus 1,54,36,000 shares; Rs86.82 crore received; paid-up capital Rs41.44 crore. | [Announcement under Regulation 30 (LODR)-Allotment 6 Feb - Allotted 77,18,000 shares on warrant conversion; bonus 1,54,36,000 shares; Rs86.82 crore received; paid-up capital Rs41.44 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d58b95a2-6d07-4cf6-be75-51700f2a3258.pdf) |
| 6 Feb - Allotted 77,18,000 converted shares and 1,54,36,000 bonus shares; Rs.86.82 crore received; paid-up capital Rs.41.44 crore. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On February 06, 2026 6 Feb - Allotted 77,18,000 converted shares and 1,54,36,000 bonus shares; Rs.86.82 crore received; paid-up capital Rs.41.44 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b79f7d3a-d641-4ef0-abc7-e6abd4e99c83.pdf) |
| 29 Apr - NSE and BSE granted in-principle approval for listing 2,31,54,000 warrant-converted equity shares on April 29, 2026. | [Intimation Of Receipt Of In Principal Approval For Listing Of 2,31,54,000 Equity Shares Of Rs. 2/- Each Issued Pursuant To Conversion Of Warrants On Preferential Basis 29 Apr - NSE and BSE granted in-principle approval for listing 2,31,54,000 warrant-converted equity shares on April 29, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d44315d2-a5c6-4648-99ec-a3fcf0cf5071.pdf) |
| 29 Apr - NSE and BSE granted in-principle approval for listing 2,31,54,000 warrant-converted equity shares on April 29, 2026. | [Intimation Of Receipt Of In Principal Approval For Listing Of 2,31,54,000 Equity Shares Of Rs. 2/- Each Issued Pursuant To Conversion Of Warrants On Preferential Basis 29 Apr - NSE and BSE granted in-principle approval for listing 2,31,54,000 warrant-converted equity shares on April 29, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d44315d2-a5c6-4648-99ec-a3fcf0cf5071.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results; board date pending. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results; board date pending.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8c9a339-f39e-4cf2-8de5-7b0ee4e8e3fe.pdf) |
| 26 Feb - Acquired 100% of GRM ARABIA FZCO for AED 50,000 to establish UAE distribution hub. | [Announcement under Regulation 30 (LODR)-Acquisition 26 Feb - Acquired 100% of GRM ARABIA FZCO for AED 50,000 to establish UAE distribution hub.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08a04286-6494-4a41-adcd-709b955b68f8.pdf) |
| 21 Apr - GRM launched 10X Basmati Rice for diabetics on April 21, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Apr - GRM launched 10X Basmati Rice for diabetics on April 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b64b78cb-3873-4ead-8fe4-e3f27d9c1ef1.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0002e59c-9da7-437a-b821-a3ca4d31354b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d98a84e-f739-4050-b48f-60b37bccf057.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd85285e-e0a7-4a84-a520-1cef4cf39973.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25da0af6-edec-4ee1-9971-f5f6f2eaef0b.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25da0af6-edec-4ee1-9971-f5f6f2eaef0b.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37fab9e0-e719-4d37-93eb-5db30b5d624d.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/37fab9e0-e719-4d37-93eb-5db30b5d624d.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4492ade5-1d05-499e-b596-3655c50ad77e.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9eb76095-2f40-43b8-9a2e-11b692bd10ce.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/985bb70c-830f-4d05-be3f-657a014a2335.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79664149-bf36-4304-9635-5049f78419d0.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6093f309-2be5-48e3-9a53-65b2d9745726.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbce9c84-eaf3-4cb9-8d99-2ae543e360d6.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/76830531449.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/71092531449.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/66539531449_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/5314490319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/5314490318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/5314490317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531449/5314490316.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:49:33.993Z.