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Earnings Call

GRM Overseas Earnings Call: Key Takeaways

GRM Overseas reported FY26 total income of ₹1,805.9 Cr (up 31.4% YoY) with PAT of ₹76 Cr. The company is pivoting from a rice processor to a diversified Food FMCG player under the 10X brand.

Why this was an Alfa AlertFuture growth guidance >50%: Management guides India Business revenue to grow from ₹740 Cr (FY26) to ₹2,000 Cr (FY28), representing a 170% total increase.
Highlights
Revenue growthFY26 Total Income grew 31.4% YoY to ₹1,805.9 Cr.
MarginsEBITDA margin at 7% in FY26 vs 7.7% in FY25.
Demand visibilityStrong domestic momentum for 10X brand; presence in 55+ countries.
Management confidenceHigh; targeting significant scale-up to ₹3,500 Cr total revenue by FY28.

Growth

FY26 Revenue grew 31.2% to ₹1,769.2 Cr; PAT grew 24.2% to ₹76 Cr. EBITDA margin compressed from 7.7% to 7.0%.

Outlook

Ambitious FY28 revenue target of ₹2,000 Cr for India business and ₹1,500 Cr for International business. Targeting high growth in packaged foods.

Risks

Currency fluctuations, international competition, and potential margin pressure from aggressive domestic FMCG expansion and brand building costs.

Source

Earnings Call filed with BSE, NSE: GRMOVER. Summary written with AI assistance from the document.

Read the document ↗

GRM Overseas Ltd: key numbers

Share price
₹80.63
Market cap
₹1,671 Cr
Revenue (annual)
₹1,769 Cr
Net profit (annual)
₹74.34 Cr
P/E (TTM)
21.8×Sector 29.0×
Promoter holding
63.06%+0.55% QoQ
FII holding
7.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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