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GRM Overseas NSEI:GRMOVER Stock Report

Last Price

₹139.50

Market Cap

₹8.2b

7D

-0.7%

1Y

-28.9%

Updated

14 May, 2024

Data

Company Financials

GRMOVER Stock Overview

GRM Overseas Limited primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India.

GRMOVER fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

GRM Overseas Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GRM Overseas
Historical stock prices
Current Share Price₹139.50
52 Week High₹230.40
52 Week Low₹113.00
Beta0.52
1 Month Change1.31%
3 Month Change-19.74%
1 Year Change-28.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.60%

Recent News & Updates

GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement

May 01
GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings

Mar 08
Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings

Recent updates

GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement

May 01
GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings

Mar 08
Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings

Why Investors Shouldn't Be Surprised By GRM Overseas Limited's (NSE:GRMOVER) P/E

Dec 26
Why Investors Shouldn't Be Surprised By GRM Overseas Limited's (NSE:GRMOVER) P/E

GRM Overseas' (NSE:GRMOVER) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 22
GRM Overseas' (NSE:GRMOVER) Shareholders May Want To Dig Deeper Than Statutory Profit

Shareholder Returns

GRMOVERIN FoodIN Market
7D-0.7%0.5%-1.5%
1Y-28.9%18.2%39.4%

Return vs Industry: GRMOVER underperformed the Indian Food industry which returned 18.2% over the past year.

Return vs Market: GRMOVER underperformed the Indian Market which returned 39.4% over the past year.

Price Volatility

Is GRMOVER's price volatile compared to industry and market?
GRMOVER volatility
GRMOVER Average Weekly Movement8.0%
Food Industry Average Movement6.3%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.1%

Stable Share Price: GRMOVER's share price has been volatile over the past 3 months.

Volatility Over Time: GRMOVER's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1974180Atul Gargwww.grmrice.com

GRM Overseas Limited primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India. It also offers spices; and chakki fresh atta, as well as ready to cook biryani kit. The company markets its products under 10X, 7 Express, Tanoush, Shakti, and Himalaya brands.

GRM Overseas Limited Fundamentals Summary

How do GRM Overseas's earnings and revenue compare to its market cap?
GRMOVER fundamental statistics
Market cap₹8.16b
Earnings (TTM)₹506.47m
Revenue (TTM)₹13.40b

16.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRMOVER income statement (TTM)
Revenue₹13.40b
Cost of Revenue₹11.49b
Gross Profit₹1.91b
Other Expenses₹1.40b
Earnings₹506.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)8.44
Gross Margin14.23%
Net Profit Margin3.78%
Debt/Equity Ratio63.0%

How did GRMOVER perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

0%

Payout Ratio
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