| Revenue growth | Q2 +30%; H1 +29% consolidated |
|---|---|
| Margins | EBITDA margin 10.5% Q2 (+199bps); gross margin 45.8% (-529bps). |
| Demand visibility | Domestic tyre and export demand resilient; global OE subdued, especially China. |
Growth
Q2 revenue Rs1,723 Mn (+30%); H1 Rs3,292 Mn (+29%). EBITDA margin 10.5% (+199 bps); gross margin down 529 bps.
Outlook
No explicit growth guidance. FY27 capex ~Rs90-100 Cr; reclaim capacity 88→110KTA, crumb 39→130KTA by FY30.
Risks
Raw material cost inflation (virgin rubber, polymers) compressing gross margins; subdued global OE tyre demand; Pyrova Energy still ramping.
Last quarter's promises, checked
Delivered
- Guided FY27 rev growth 20%+ → H1 +29% (= BEAT)
- Guided double-digit FY27 volume growth → H1 volume +24% (= BEAT)
Partly delivered
- Guided rCB commissioning by Oct-26 → 'commissioning' only, not confirmed (= PARTIAL)
Missed
- Guided Q1 EBITDA margin 11%, improving further → Q2 10.5% (= MISS)
Investor Presentation filed with BSE, NSE: GRPLTD. Summary written with AI assistance from the document.
GRP Ltd: key numbers
- Share price
- ₹1,734.10
- Market cap
- ₹924.9 Cr
- Revenue (annual)
- ₹535.3 Cr
- Net profit (annual)
- ₹3.22 Cr
- P/E (TTM)
- 91.7×Sector 30.9×
- 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 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
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- 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.
GRP Merger & Restructuring Worth ₹2.6 Cr
GRP Ltd invested ₹2.60 Crore to acquire a 26.43% stake in BECIS Solar 5 Private Limited. This acquisition facilitates captive solar power procurement for the company.
- Value
- ₹2.60 Cr