| 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
- ₹1,999.00
- 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.
More from GRP Ltd
All →GRP Investor Presentation: Key Takeaways
GRP Ltd reported a strong Q1FY27 with consolidated total income growing 26% YoY to Rs. 1,573 Mn. The strategy focuses on expanding the 'Integrated Recycler' model into circular economy products like rCB and pyrolysis oil.
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
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.
GRP Earnings Call: Key Takeaways
GRP Limited's FY26 consolidated revenue fell 3% to ₹5,380 Mn, with PAT declining 90% to ₹32 Mn due to US tariffs and raw material inflation.