GRM Overseas Limited primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India. More Details
Excellent balance sheet with solid track record and pays a dividend.
Share Price & News
How has GRM Overseas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531449 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 531449's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
7 Day Return
1 Year Return
Return vs Industry: 531449 exceeded the Indian Food industry which returned 36.7% over the past year.
Return vs Market: 531449 exceeded the Indian Market which returned 67.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GRM Overseas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is GRM Overseas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 531449 (₹1872.95) is trading below our estimate of fair value (₹3803.4)
Significantly Below Fair Value: 531449 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 531449 is good value based on its PE Ratio (14.3x) compared to the IN Food industry average (16.1x).
PE vs Market: 531449 is good value based on its PE Ratio (14.3x) compared to the Indian market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531449's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531449 is overvalued based on its PB Ratio (6.2x) compared to the IN Food industry average (1.2x).
How is GRM Overseas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GRM Overseas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has GRM Overseas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531449 has high quality earnings.
Growing Profit Margin: 531449's current net profit margins (6.8%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: 531449's earnings have grown significantly by 53.9% per year over the past 5 years.
Accelerating Growth: 531449's earnings growth over the past year (293.5%) exceeds its 5-year average (53.9% per year).
Earnings vs Industry: 531449 earnings growth over the past year (293.5%) exceeded the Food industry 17.6%.
Return on Equity
High ROE: Whilst 531449's Return on Equity (43.69%) is outstanding, this metric is skewed due to their high level of debt.
How is GRM Overseas's financial position?
Financial Position Analysis
Short Term Liabilities: 531449's short term assets (₹2.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 531449's short term assets (₹2.6B) exceed its long term liabilities (₹22.9M).
Debt to Equity History and Analysis
Debt Level: 531449's debt to equity ratio (121.5%) is considered high.
Reducing Debt: 531449's debt to equity ratio has reduced from 168.2% to 121.5% over the past 5 years.
Debt Coverage: 531449's debt is well covered by operating cash flow (73.6%).
Interest Coverage: 531449's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is GRM Overseas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 531449's dividend (2.14%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: 531449's dividend (2.14%) is in the top 25% of dividend payers in the Indian market (1.91%)
Stability and Growth of Payments
Stable Dividend: 531449's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531449's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (3.8%), 531449's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Atul Garg (42 yo)
Mr. Atul Garg has been a Whole -Time Director at GRM Overseas Ltd. since February 14, 2011 and is its Managing Director since May 28, 2019 and was its Joint Managing Director since September 28, 2017 until...
CEO Compensation Analysis
Compensation vs Market: Atul's total compensation ($USD171.93K) is above average for companies of similar size in the Indian market ($USD41.02K).
Compensation vs Earnings: Atul's compensation has increased by more than 20% in the past year.
Experienced Management: 531449's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: 531449's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.
GRM Overseas Limited's company bio, employee growth, exchange listings and data sources
- Name: GRM Overseas Limited
- Ticker: 531449
- Exchange: BSE
- Founded: 1995
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹7.530b
- Shares outstanding: 3.94m
- Website: https://www.grmrice.com
Number of Employees
- GRM Overseas Limited
- 8 K.M. Stone
- Gohana-Rohtak Road
GRM Overseas Limited primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India. It offers its products under 7 Express, Jaipur, and Himalaya brands. The c...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 12:07|
|End of Day Share Price||2021/04/13 00:00|
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.