Grovy India (BSE 539522)₹53.50−4.29%Residential, Commercial Projects
In the Jun 2026 quarter (standalone), Grovy India reported sales of ₹27.42 Cr, up 233.2% from Jun 2025, and net profit of ₹1.89 Cr, up 73.4% year on year. For the year to Mar 2026, sales were ₹33.08 Cr and net profit ₹2.89 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.59 | 5.92 | 3.50 | 1.25 | 1.10 | 19.60 | 3.39 | 8.23 | 14.91 | 2.99 | 6.97 | 27.42 |
| Expenses | 4.82 | 5.82 | 3.50 | 1.49 | 1.20 | 17.20 | 3.47 | 6.77 | 14.54 | 2.82 | 6.35 | 24.72 |
| Operating Profit | 0.76 | 0.09 | 0.00 | −0.23 | −0.09 | 2.39 | −0.07 | 1.45 | 0.36 | 0.16 | 0.61 | 2.67 |
| OPM % | 13.7% | 1.7% | 0.0% | −19.1% | −9.1% | 12.2% | −2.4% | 17.7% | 2.5% | 5.6% | 8.8% | 9.7% |
| Other Income | 0.15 | 0.13 | 0.33 | 0.01 | 0.15 | 0.04 | 0.73 | 0.03 | 0.58 | 0.62 | 0.90 | 0.08 |
| Interest | 0.04 | 0.02 | 0.25 | 0.00 | 0.00 | 0.02 | 0.41 | 0.01 | 0.41 | 0.04 | 0.35 | 0.21 |
| Depreciation | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.86 | 0.20 | 0.07 | −0.26 | 0.03 | 2.41 | 0.23 | 1.48 | 0.52 | 0.75 | 1.17 | 2.55 |
| Tax % | 26.0% | 15.9% | 33.4% | 0.0% | 0.0% | 24.3% | 9.2% | 25.9% | 25.6% | 27.1% | 23.4% | 25.3% |
| Net Profit | 0.62 | 0.16 | 0.03 | −0.26 | 0.03 | 1.81 | 0.19 | 1.09 | 0.37 | 0.53 | 0.88 | 1.89 |
| EPS (Rs) | 0.46 | 0.12 | 0.02 | −0.18 | 0.01 | 1.35 | 0.14 | 0.81 | 0.27 | 0.39 | 0.66 | 1.41 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.48 | 9.13 | 12.26 | 8.74 | 17.80 | 13.24 | 21.47 | 20.86 | 19.50 | 25.34 | 33.08 | 52.29 |
| Expenses | 7.37 | 9.18 | 12.09 | 8.63 | 18.91 | 12.94 | 20.87 | 19.56 | 18.37 | 23.34 | 30.47 | 48.43 |
| Operating Profit | 0.10 | −0.04 | 0.15 | 0.10 | −1.09 | 0.30 | 0.61 | 1.29 | 1.09 | 1.99 | 2.62 | 3.80 |
| OPM % | 1.5% | −0.6% | 1.3% | 1.2% | −6.2% | 2.3% | 2.9% | 6.2% | 5.6% | 7.8% | 7.9% | 7.3% |
| Other Income | 0.00 | 0.18 | 0.02 | 0.00 | −0.18 | 1.28 | 0.59 | 0.24 | 0.68 | 0.93 | 2.14 | 2.18 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.09 | 0.02 | 0.27 | 0.39 | 0.46 | 0.85 | 1.01 |
| Depreciation | 0.04 | 0.05 | 0.04 | 0.03 | 0.02 | 0.04 | 0.08 | 0.06 | 0.07 | 0.08 | 0.06 | 0.08 |
| Profit before tax | 0.08 | 0.11 | 0.17 | 0.11 | −1.35 | 1.46 | 1.13 | 1.23 | 1.34 | 2.41 | 3.88 | 4.99 |
| Tax % | 42.9% | 40.1% | 25.1% | 30.1% | 0.0% | 1.4% | 4.5% | 25.5% | 24.9% | 25.1% | 25.2% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.04 | 0.05 | 0.13 | 0.06 | −1.33 | 1.43 | 1.07 | 0.90 | 0.99 | 1.78 | 2.89 | 3.67 |
| EPS (Rs) | 0.08 | 0.10 | 0.20 | 0.11 | −1.32 | 1.42 | 1.06 | 0.67 | 0.74 | 1.33 | 2.16 | 2.73 |
| Dividend payout % | 0.0% | 23.3% | 11.7% | 35.8% | 0.0% | 1.8% | 2.3% | 3.7% | 3.3% | 7.5% | 4.6% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.41 | 1.40 | 1.41 | 1.41 | 2.52 | 2.51 | 2.51 | 2.51 | 3.34 | 3.33 | 13.35 | 13.36 |
| Reserves | 1.63 | 1.67 | 1.87 | 2.00 | 7.77 | 6.39 | 8.07 | 9.19 | 14.27 | 15.51 | 7.09 | 9.73 |
| Borrowings | 7.36 | 5.56 | 4.54 | 5.33 | 6.95 | 8.25 | 5.99 | 6.65 | 10.19 | 11.32 | 24.54 | 24.90 |
| Other Liabilities | 0.02 | 0.08 | 0.31 | 0.14 | 0.13 | 2.02 | 0.15 | 0.01 | 7.30 | 0.17 | 3.53 | 25.27 |
| Total Liabilities | 10.42 | 8.71 | 8.13 | 8.88 | 17.37 | 19.17 | 16.72 | 18.36 | 35.10 | 30.33 | 48.51 | 73.26 |
| Fixed Assets | 0.11 | 0.12 | 0.16 | 0.13 | 0.11 | 0.05 | 0.23 | 0.17 | 0.12 | 0.22 | 0.16 | 0.12 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 3.48 | 0.18 | 0.22 | 0.25 | 0.25 | 0.66 | 0.62 | 0.80 | 1.34 | 0.76 | 0.58 |
| Other Assets | 10.30 | 5.11 | 7.79 | 8.53 | 17.01 | 18.87 | 15.83 | 17.57 | 34.18 | 28.77 | 47.59 | 72.56 |
| Inventories | 9.01 | 4.01 | 7.01 | 5.01 | 14.01 | 16.02 | 13.01 | 15.01 | 23.01 | 24.01 | 36.05 | 61.01 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 4.01 | 1.01 |
| Cash & equivalents | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 10.42 | 8.71 | 8.13 | 8.88 | 17.37 | 19.17 | 16.72 | 18.36 | 35.10 | 30.33 | 48.51 | 73.26 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.00 | −2.90 | −0.89 | −3.77 | −1.06 | 0.71 | −0.38 | −8.38 | −0.42 | −13.37 | 0.42 |
| Cash from investing activity | 0.00 | 3.37 | −0.01 | 2.97 | 0.95 | −0.27 | 0.11 | −0.16 | −0.29 | 0.75 | 0.79 |
| Cash from financing activity | 0.00 | −1.04 | 0.80 | −0.03 | −0.04 | 0.04 | 0.31 | 8.11 | 0.73 | 12.71 | −1.23 |
| Net cash flow | 0.00 | −0.57 | −0.14 | −0.83 | −0.16 | 0.47 | 0.04 | −0.52 | −0.02 | 0.00 | 0.00 |
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.02 | 0.12 | 0.03 | 0.02 |
| Free cash flow | 0.00 | −2.92 | −0.91 | −3.79 | −0.09 | 0.52 | −0.40 | −8.42 | −0.53 | −13.45 | 0.43 |
| CFO / OP % | 9.0% | 5,760.0% | −538.0% | −3,391.0% | 95.0% | 232.0% | −45.0% | −641.0% | −6.0% | −641.0% | 54.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 1 | 0 | 39 | 52 | 12 |
| Inventory days | 915 | 201 | 299 | 147 | 643 | 780 | 464 | 563 | — | — | — | — |
| Days payable | 0 | 0 | 0 | 0 | 0 | 8 | 6 | 0 | — | — | — | — |
| Cash conversion cycle | 915 | 201 | 299 | 147 | 643 | 774 | 464 | 563 | 0 | 37 | 50 | 10 |
| Working capital days | 259 | −64 | 109 | 89 | 406 | 176 | 256 | 185 | 358 | 337 | 319 | 273 |
| ROCE % | 1.8% | 0.8% | 1.2% | 2.0% | 0.8% | −12.9% | 9.2% | 6.6% | 6.5% | 5.8% | 7.7% | 10.2% |
For the Jun 2026 quarter, Grovy India reported sales of ₹27.42 Cr, up 233.2% year on year and net profit of ₹1.89 Cr, up 73.4% year on year. The operating margin was 9.7%.
Grovy India's sales for the year to Mar 2026 were ₹33.08 Cr; over the last twelve months they were ₹52.29 Cr.
Net profit for the year to Mar 2026 was ₹2.89 Cr, and ₹3.67 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.73.
Grovy India reported borrowings of ₹24.90 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹0.42 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.43 Cr.