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GRP NSEI:GRPLTD Stock Report

Last Price

₹3.25k

Market Cap

₹17.3b

7D

2.9%

1Y

170.1%

Updated

31 Dec, 2024

Data

Company Financials +

GRP Limited

NSEI:GRPLTD Stock Report

Market Cap: ₹17.3b

GRPLTD Stock Overview

Manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally. More details

GRPLTD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance5/6
Financial Health4/6
Dividends3/6

Rewards

Earnings are forecast to grow 39.74% per year

Earnings grew by 71.1% over the past year

Risk Analysis

Has a high level of debt

Dividend of 0.29% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

GRP Limited Competitors

Goodyear India

BSE:500168

₹23.2b

TVS Srichakra

BSE:509243

₹26.8b

Tolins Tyres

NSEI:TOLINS

₹7.8b

Indag Rubber

BSE:509162

₹4.6b

Price History & Performance

Summary of share price highs, lows and changes for GRP
Historical stock prices
Current Share Price₹3,245.30
52 Week High₹4,815.15
52 Week Low₹1,174.74
Beta0.58
1 Month Change3.29%
3 Month Change-0.79%
1 Year Change170.13%
3 Year Change1,128.18%
5 Year Change1,556.19%
Change since IPO681.01%

Recent News & Updates

With EPS Growth And More, GRP (NSE:GRPLTD) Makes An Interesting Case

Nov 04
With EPS Growth And More, GRP (NSE:GRPLTD) Makes An Interesting Case

GRP Limited (NSE:GRPLTD) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Sep 19
GRP Limited (NSE:GRPLTD) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Recent updates

With EPS Growth And More, GRP (NSE:GRPLTD) Makes An Interesting Case

Nov 04
With EPS Growth And More, GRP (NSE:GRPLTD) Makes An Interesting Case

GRP Limited (NSE:GRPLTD) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Sep 19
GRP Limited (NSE:GRPLTD) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

We Think GRP (NSE:GRPLTD) Can Stay On Top Of Its Debt

Aug 26
We Think GRP (NSE:GRPLTD) Can Stay On Top Of Its Debt

We Take A Look At Whether GRP Limited's (NSE:GRPLTD) CEO May Be Underpaid

Jul 27
We Take A Look At Whether GRP Limited's (NSE:GRPLTD) CEO May Be Underpaid

GRP Limited (NSE:GRPLTD) Stocks Shoot Up 38% But Its P/S Still Looks Reasonable

Jul 22
GRP Limited (NSE:GRPLTD) Stocks Shoot Up 38% But Its P/S Still Looks Reasonable

GRP's (NSE:GRPLTD) Solid Profits Have Weak Fundamentals

Jul 20
GRP's (NSE:GRPLTD) Solid Profits Have Weak Fundamentals

GRP (NSE:GRPLTD) Is Paying Out A Larger Dividend Than Last Year

Jul 19
GRP (NSE:GRPLTD) Is Paying Out A Larger Dividend Than Last Year

Returns Are Gaining Momentum At GRP (NSE:GRPLTD)

Jun 28
Returns Are Gaining Momentum At GRP (NSE:GRPLTD)

GRP Limited's (NSE:GRPLTD) 40% Jump Shows Its Popularity With Investors

Jun 07
GRP Limited's (NSE:GRPLTD) 40% Jump Shows Its Popularity With Investors

Earnings Not Telling The Story For GRP Limited (NSE:GRPLTD) After Shares Rise 30%

Feb 24
Earnings Not Telling The Story For GRP Limited (NSE:GRPLTD) After Shares Rise 30%

Is GRP (NSE:GRPLTD) A Risky Investment?

Dec 09
Is GRP (NSE:GRPLTD) A Risky Investment?

Returns Are Gaining Momentum At GRP (NSE:GRPLTD)

Aug 29
Returns Are Gaining Momentum At GRP (NSE:GRPLTD)

Do GRP's (NSE:GRPLTD) Earnings Warrant Your Attention?

Apr 28
Do GRP's (NSE:GRPLTD) Earnings Warrant Your Attention?

Returns On Capital At GRP (NSE:GRPLTD) Have Stalled

Feb 26
Returns On Capital At GRP (NSE:GRPLTD) Have Stalled

Does GRP (NSE:GRPLTD) Have A Healthy Balance Sheet?

Jan 13
Does GRP (NSE:GRPLTD) Have A Healthy Balance Sheet?

GRP's (NSE:GRPLTD) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31
GRP's (NSE:GRPLTD) Upcoming Dividend Will Be Larger Than Last Year's

GRP (NSE:GRPLTD) Takes On Some Risk With Its Use Of Debt

Jul 09
GRP (NSE:GRPLTD) Takes On Some Risk With Its Use Of Debt

The Returns On Capital At GRP (NSE:GRPLTD) Don't Inspire Confidence

Feb 02
The Returns On Capital At GRP (NSE:GRPLTD) Don't Inspire Confidence

These 4 Measures Indicate That GRP (NSE:GRPLTD) Is Using Debt Extensively

Dec 14
These 4 Measures Indicate That GRP (NSE:GRPLTD) Is Using Debt Extensively

We Think Shareholders May Want To Consider A Review Of GRP Limited's (NSE:GRPLTD) CEO Compensation Package

Aug 05
We Think Shareholders May Want To Consider A Review Of GRP Limited's (NSE:GRPLTD) CEO Compensation Package

Here's Why GRP (NSE:GRPLTD) Can Manage Its Debt Responsibly

May 24
Here's Why GRP (NSE:GRPLTD) Can Manage Its Debt Responsibly

What We Learned About GRP's (NSE:GRPLTD) CEO Compensation

Feb 12
What We Learned About GRP's (NSE:GRPLTD) CEO Compensation

Shareholder Returns

GRPLTDIN Auto ComponentsIN Market
7D2.9%-0.5%-0.3%
1Y170.1%16.4%16.3%

Return vs Industry: GRPLTD exceeded the Indian Auto Components industry which returned 16.4% over the past year.

Return vs Market: GRPLTD exceeded the Indian Market which returned 16.3% over the past year.

Price Volatility

Is GRPLTD's price volatile compared to industry and market?
GRPLTD volatility
GRPLTD Average Weekly Movement6.0%
Auto Components Industry Average Movement5.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: GRPLTD has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: GRPLTD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1974717Harsh Gandhiwww.grpweb.com

GRP Limited manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally. The company operates in Reclaim Rubber and Others segments. It offers reclaim natural and synthetic rubber products for use in inner liners and tubes, tyre side walls and piles, tyre treads and retreads, conveyor belts, moulded goods, adhesives, and footwear, as well as rubber mattings, profiles, and roofing; and POLYCOAT, an elastic powder in compounded form, which is used in NBR based molded products, metal to rubber bonded parts, NBR based oil seals, NBR matting/sheeting, and NBR-PVC blend, as well as use in tyres, conveyor belts, molded products, sheeting/matting, tread rubber, seals/gaskets, and flaps applications.

GRP Limited Fundamentals Summary

How do GRP's earnings and revenue compare to its market cap?
GRPLTD fundamental statistics
Market cap₹17.32b
Earnings (TTM)₹228.56m
Revenue (TTM)₹5.05b

75.8x

P/E Ratio

3.4x

P/S Ratio

Is GRPLTD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRPLTD income statement (TTM)
Revenue₹5.05b
Cost of Revenue₹2.39b
Gross Profit₹2.66b
Other Expenses₹2.44b
Earnings₹228.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)42.85
Gross Margin52.71%
Net Profit Margin4.52%
Debt/Equity Ratio69.1%

How did GRPLTD perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

22%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 19:00
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GRP Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research