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Earnings Call

GRP Earnings Call: Key Takeaways

GRP Ltd reported a challenging FY26 with total income of ₹5,380 million, down 3% YoY, impacted by lower EPR credit recognition and export softness due to US tariffs.

Highlights
Revenue growthFY26 income ₹5,380M, down 3% YoY due to lower EPR credits.
MarginsEBITDA margin fell to 8% (FY26) from 13% (FY25).
Order bookCurrent order book higher than most of FY26.
Demand visibilityStronger domestic order book; recovery in US markets seen post-February.
Management confidenceHigh confidence in circular carbon ecosystem and automotive pivot.

Growth

Q4 revenue ₹1,450M (-10% YoY); FY26 EBITDA ₹429M; PAT loss of ₹13M in Q4. Domestic volumes grew 10% offsetting 15% export decline.

Outlook

FY27 capex planned at ₹90-100 crores; Pyrova Energy phase 1b completion by Feb 2027; recovery in US export volumes expected by FY27.

Risks

Geopolitical volatility, US tariffs (impacting 33% of reclaim revenue), raw material inflation (up 43% in certain SKUs), and foreign exchange losses.

Source

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

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GRP Ltd: key numbers

Share price
₹1,999.00
Market cap
₹1,066 Cr
Revenue (annual)
₹535.3 Cr
Net profit (annual)
₹3.22 Cr
P/E (TTM)
188.0×Sector 33.6×
Promoter holding
40.05%-0.01% QoQ
FII holding
0.02%Current quarter

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

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17:53 IST BSE
Financial Results

GRP Q1 FY27 Results: Net Profit ₹4.2 Cr, Up 147.1% YoY

GRP Ltd reported revenue from operations of ₹156.8 Cr (+26.8% YoY) and net profit of ₹4.2 Cr (+147.1% YoY) for Q1 FY27.

Key figure
Net profit ₹4.2 Cr · +147.1% YoY