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Earnings Call

Grovy India Earnings Call: Key Takeaways

Grovy India delivered strong FY26 performance focusing on South Delhi's boutique luxury redevelopment market, achieving record revenue and profitability growth through a scalable redevelopment model.

Highlights
Revenue growth34.09% YoY growth in FY26.
MarginsSteadily improving margins reflected in 61.5% PAT growth.
Demand visibilityHigh in supply-constrained South Delhi micro-markets.
Management confidenceStrong; projecting 2-3x growth in development over next 2 years.

Growth

Revenue grew 34.09% YoY to ₹3,534.88L; PAT surged 61.52% YoY to ₹289.81L; EPS increased 60.74% to ₹2.17.

Outlook

Targets 20-25 projects annually over 3 years; evaluating ₹40cr fundraise and National Stock Exchange (NSE) listing.

Risks

Project delays in redevelopment, regulatory changes in Delhi real estate, and capital intensity of outright purchases.

Source

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

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Grovy India Ltd: key numbers

Share price
₹63.23
Market cap
₹84.33 Cr
Revenue (annual)
₹33.20 Cr
Net profit (annual)
₹2.90 Cr
P/E (TTM)
22.8×Sector 35.8×
Promoter holding
65.13%-7.87% QoQ
FII holding
0.00%Current quarter

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

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