| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 26% YoY growth driven by Pyrova Energy and volume increases. |
|---|---|
| Margins | EBITDA margins expanded to 11% despite raw material inflation. |
| Order book | Reclaimed export volumes rebounded 20% as order patterns normalized. |
| Demand visibility | Strong domestic demand; healthy export rebound following US tariff easing. |
| Management confidence | Confident, shifting from stabilization to scaling utilization and efficiency. |
Growth
Revenue grew 26% YoY to ₹1,573 million; EBITDA rose 60% with 233bps margin expansion to 11%.
Outlook
Targeting 20% revenue growth for FY27 and EBITDA margins of 10-14% for rubber recycling.
Risks
High input cost inflation, global logistics volatility, and the multi-quarter timeline for tire industry approvals of RCH.
Last quarter's promises, checked
Delivered
- Targeted operational stability in Q4 FY26 → Delivered (Pyrova achieved stability in Q4)
- Guided dividend of INR 3.5 per share → Delivered (Board recommended INR 3.5)
- Commitment to add second RR line in Solapur → Delivered (Line commissioned by end of Q1 FY27)
Partly delivered
- Targeted US export recovery → Delivered 20% rebound (PARTIAL: indirect volumes not yet fully recovered)
Earnings Call Transcript filed with BSE, NSE: GRPLTD. Summary written with AI assistance from the document.
GRP Ltd: key numbers
- Share price
- ₹1,956.40
- Market cap
- ₹1,043 Cr
- Revenue (annual)
- ₹535.3 Cr
- Net profit (annual)
- ₹3.22 Cr
- P/E (TTM)
- 103.4×Sector 32.5×
- Promoter holding
- 40.05%+0.00% QoQ
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from GRP Ltd
All →GRP Investor Presentation: Key Takeaways
Q2 FY27 consolidated total income Rs1,727 Mn (+30%), EBITDA Rs182 Mn (+60%), PAT Rs64 Mn (+226%); H1 income +28%. Reclaim rubber scaling.
GRP Q2 FY27 Results: Net Profit ₹6.4 Cr, Up 220.0% YoY
GRP Ltd reported revenue from operations of ₹172.3 Cr (+30.1% YoY) and net profit of ₹6.4 Cr (+220.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹6.4 Cr · +220.0% YoY
GRP Board Meeting Date
GRP Ltd has scheduled a Board meeting on 28 October 2026 to consider Q2/H2 unaudited results. The trading window remains closed until 30 October 2026.
GRP Other Announcement
GRP Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as per regulatory requirements.
GRP Production Started
GRP Limited has commenced commercial solar power generation at its new plants in Ankleshwar and Panoli, Gujarat, with an investment of ₹2.60 Crore.
- Value
- ₹2.60 Cr
- solar power capacity
- 8.0 MWp
GRP Other Announcement
GRP Ltd has submitted the quarterly confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended 30th September 2026.