
About GRM Rice
GRM Rice is a publicly listed company based in Delhi (India) founded in 1972 by Hukam Chand Garg. Rice varieties are manufactured and distributed by GRM. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 507 employees. Its Indian entity Grm Overseas Limited reported revenue of βΉ1,806 Cr. GRM Rice offers products and services including Basmati Rice, Spices, Classic Atta, and Biryani Kit. Its focus areas include Consumer Goods, Food and Beverage and Packaged Foods. Its competitors include Daawat, Kohinoor Foods and Radikal; 1 of its 3 listed competitors has raised funding.
Company details
GRM Rice, established in 1978, is involved in the production and distribution of premium basmati rice and other food products like spices, atta, and biryani kits. The company serves both international and domestic markets, exporting to 38 countries and catering to Indian consumers through its 10X brand. Operations are focused on quality and innovation, with products sourced and curated for diverse culinary needs. The company is committed to delivering authentic and traditional food staples across various sectors of the food industry.
- Headquarters Delhi, India
- Employees 507
- Founders Hukam Chand Garg
- Stage Public
- SectorsConsumer
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website grmrice.com
- Social LinkedIn X Instagram YouTube
- Legal Name Grm Overseas Ltd.
- Market Cap₹1,881 Cr
GRMOVER · NSE
- Share Price₹87.59
-3.51% today
- Revenue₹1,769 Cr
FY 2025-26 · +31.2% YoY
- EBITDA₹90.29 Cr
Margin 5.1%
- Net Profit₹73.04 Cr
FY 2025-26 · +20.6% YoY
- P/E (TTM)25.5x
P/B 3.3x
- ROE14.9%
ROCE 14.1%
- Debt / Equity0.72
Interest cover 26.2x
- Latest Funding Round$16.21M (USD), Post-IPO
Aug 2024
- Employee Count507
Associated legal entities of GRM Rice
GRM Rice is associated with 2 registered companies on The Company Check; the primary company is Grm Overseas Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grm Overseas Limited Listed CIN L74899DL1995PLC064007 | Active | 03 Jan 1995 | New Delhi, Delhi | ₹1,806 Cr | 27 | 10 | View details |
| Grm Foodkraft Private Limited CIN U01100DL2020PTC365723 | Active | 07 Jul 2020 | Delhi, Delhi | ₹539 Cr | 10 | 4 | View details |
Products & Services of GRM Rice
GRM Rice offers a comprehensive portfolio of products and services, including Basmati Rice, Spices, Classic Atta, and Biryani Kit.
Premium basmati rice is offered for global markets.
Authentic spices are provided for traditional Indian flavors.
Pure wheat atta is produced for Indian households.
Convenient biryani kits are made for easy cooking.
Apps and channels of GRM Rice
its YouTube channel World of 10X (GRM Overseas) has 302 subscribers and 16 videos.
Videos from GRM Rice
The most watched videos on GRM Rice's YouTube channel, World of 10X (GRM Overseas) (302 subscribers). Click a video to play it here.
More on World of 10X (GRM Overseas).
Funding Insights of GRM Rice
- Total Rounds 1
- Last Round Post-IPO β $16.21M
- First Round $16.21M
(Aug 2024)
All 1 funding rounds of GRM Rice with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $16.21M | Post-IPO | β | β | β |
Board of directors of Grm Overseas Limited (GRM Rice)
Grm Overseas Limited is the primary company behind GRM Rice. The boards of the 2 registered companies of GRM Rice currently have 10 directors; the longest-serving is Hukam Chand Garg, appointed in 1995. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hukam Chand Garg DIN 00673276 | Director | 03 Jan 1995 | 31 yrs 9 mo | Grm Overseas Limited |
| Atul Garg DIN 02380612 | Managing Director | 14 Feb 2011 | 15 yrs 8 mo | Grm Overseas Limited, Grm Foodkraft Private Limited |
| Nipun Jain DIN 01075283 | Director | 14 Aug 2018 | 8 yrs 2 mo | Grm Overseas Limited |
| Gautam Gupta DIN 08519079 | Director | 14 Aug 2019 | 7 yrs 2 mo | Grm Overseas Limited |
| Mamta Garg DIN 05110727 | Director | 14 Aug 2019 | 7 yrs 2 mo | Grm Overseas Limited |
| Vedant Garg DIN 08784218 | Director | 07 Jul 2020 | 6 yrs 3 mo | Grm Foodkraft Private Limited |
| Nidhi DIN 09270573 | Director | 12 Aug 2021 | 5 yrs 2 mo | Grm Overseas Limited |
| Tarun Singh DIN 07753782 | Director | 05 Aug 2022 | 4 yrs 2 mo | Grm Overseas Limited, Grm Foodkraft Private Limited |
| Anurag Tewari DIN 10100543 | Director | 01 May 2023 | 3 yrs 5 mo | Grm Foodkraft Private Limited |
| Sumit Mittal DIN 11376399 | Additional Director | 13 Nov 2025 | 11 mo | Grm Overseas Limited |
People of GRM Rice
2 people are tracked at GRM Rice (2 in leadership); the tracked headcount is 507.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Managing Director & Chairperson of CSR Committee | Leadership |
Complete people profiles for GRM Rice
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of GRM Rice
GRM Rice is a publicly listed company on the NSE with ticker symbol GRMOVER in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Feb 1996
- Listed onBSE: 531449
- Listed entityGRM Overseas Ltd.
- Exchange sectorProcess industries
- ISININE192H01020
- Share price₹93.58 (+2.84% on the day) · 2026-10-14
- Market capitalisation₹1,890 Cr
- Price to earnings25.0
- EPS (diluted, trailing year)₹3.74
- Volume (last session)4,620,484
Financials of GRM Rice
Exchange-reported figures of Grm Overseas Limited, the listed company behind GRM Rice (NSE: GRMOVER).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,769 | 1,348 | 1,312 | 1,379 | 1,134 | 800 | 777 |
| Revenue growth | +31.2% | +2.7% | -4.9% | +21.6% | +41.8% | +2.9% | - |
| EBITDA | 90.29 | 79.60 | 72.20 | 98.24 | 92.68 | 67.39 | 47.64 |
| EBITDA margin | +5.1% | +5.9% | +5.5% | +7.1% | +8.2% | +8.4% | +6.1% |
| Profit before tax | 101 | 84.73 | 80.46 | 87.39 | 114 | 58.84 | 43.05 |
| Net profit | 73.04 | 60.59 | 59.78 | 62.80 | 84.02 | 45.20 | 31.70 |
| Net profit margin | +4.1% | +4.5% | +4.6% | +4.6% | +7.4% | +5.7% | +4.1% |
| EPS (βΉ) | 3.53 | 10.10 | 9.96 | 10.45 | 13.97 | 114.78 | 85.92 |
| Balance sheet | |||||||
| Total assets | 974 | 793 | 726 | 689 | 545 | 323 | 300 |
| Net worth | 602 | 426 | 331 | 274 | 206 | 135 | 89.92 |
| Total debt | 368 | 364 | 393 | 413 | 338 | 188 | 210 |
| Cash & bank | 73.53 | 52.83 | 9.67 | 3.62 | 7.76 | 5.16 | 3.62 |
| Net working capital | 918 | 743 | 682 | 640 | 507 | 287 | 263 |
| Cash flow | |||||||
| Cash from operations | (53.59) | 62.34 | 47.12 | (88.71) | (116) | 35.20 | 162 |
| Cash from investing | (52.98) | (7.73) | (4.34) | (4.76) | (5.97) | (0.86) | (7.12) |
| Cash from financing | 82.27 | (11.74) | (39.37) | 89.00 | 125 | (32.97) | (155) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 427 | 597 | 483 | 327 | 291 | 371 | 315 | 370 |
| Revenue growth (YoY) | +30.5% | +105.0% | +30.1% | -11.7% | -28.2% | - | - | - |
| Other income | 0.48 | 9.59 | 9.76 | 7.65 | 5.12 | 10.97 | 4.73 | 5.18 |
| EBITDA | 35.53 | 30.10 | 21.43 | 23.96 | 32.65 | 12.34 | 11.17 | 23.45 |
| EBITDA margin | +8.3% | +5.0% | +4.4% | +7.3% | +11.2% | +3.3% | +3.5% | +6.3% |
| Depreciation | 0.98 | 1.07 | 0.80 | 0.80 | 0.84 | 0.74 | 0.80 | 0.73 |
| Interest | 5.13 | 7.29 | 4.93 | 5.43 | 7.97 | 3.79 | 2.45 | 3.55 |
| Profit before tax | 29.90 | 31.33 | 25.46 | 25.38 | 28.96 | 18.78 | 12.65 | 24.35 |
| Tax | 8.50 | 8.40 | 6.20 | 6.28 | 8.48 | 5.24 | 3.47 | 6.32 |
| Net profit | 21.40 | 22.93 | 19.26 | 19.10 | 20.48 | 13.54 | 9.18 | 18.03 |
| EPS (βΉ) | 0.51 | 2.35 | 0.92 | 2.76 | 2.96 | 1.96 | 1.48 | 3.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,166 | 913 | 1,186 | 1,262 | 1,098 | 778 | 767 |
| Revenue growth | +27.7% | -23.0% | -6.1% | +14.9% | +41.1% | +1.6% | - |
| EBITDA | 68.90 | 65.21 | 59.16 | 85.59 | 84.95 | 58.56 | 52.07 |
| EBITDA margin | +5.9% | +7.1% | +5.0% | +6.8% | +7.7% | +7.5% | +6.8% |
| Profit before tax | 71.68 | 69.88 | 67.36 | 74.59 | 106 | 49.17 | 47.50 |
| Net profit | 53.15 | 51.11 | 47.77 | 53.69 | 79.01 | 36.62 | 36.15 |
| Net profit margin | +4.6% | +5.6% | +4.0% | +4.3% | +7.2% | +4.7% | +4.7% |
| EPS (βΉ) | 2.57 | 8.50 | 8.56 | 8.93 | 13.14 | 92.96 | 98.01 |
| Balance sheet | |||||||
| Total assets | 915 | 756 | 700 | 662 | 536 | 327 | 312 |
| Net worth | 548 | 392 | 306 | 255 | 204 | 139 | 102 |
| Total debt | 366 | 364 | 393 | 407 | 331 | 188 | 210 |
| Cash & bank | 49.40 | 35.73 | 7.55 | 1.44 | 3.40 | 2.09 | 1.64 |
| Net working capital | 858 | 706 | 663 | 624 | 500 | 290 | 274 |
| Cash flow | |||||||
| Cash from operations | (61.15) | 55.98 | 36.16 | (52.08) | (113) | 33.89 | 161 |
| Cash from investing | (45.06) | (16.35) | 0.17 | (6.17) | (4.46) | (0.58) | (6.46) |
| Cash from financing | 74.88 | (11.72) | (32.85) | 56.11 | 119 | (33.03) | (155) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 334 | 293 | 326 | 291 | 256 | 243 | 245 | 150 |
| Revenue growth (YoY) | +30.6% | +20.6% | +33.4% | +94.0% | -7.2% | - | - | - |
| Other income | 0.53 | 9.23 | 6.25 | 5.25 | 7.68 | 4.46 | 10.98 | 4.72 |
| Total expenses | 303 | 274 | 309 | 278 | 236 | 216 | 235 | 142 |
| EBITDA | 31.09 | 19.25 | 16.97 | 12.49 | 20.22 | 26.92 | 9.60 | 8.10 |
| EBITDA margin | +9.3% | +6.6% | +5.2% | +4.3% | +7.9% | +11.1% | +3.9% | +5.4% |
| Depreciation | 0.82 | 0.76 | 0.76 | 0.75 | 0.77 | 0.81 | 0.71 | 0.76 |
| Interest | 5.09 | 7.15 | 4.93 | 5.09 | 5.43 | 7.95 | 3.75 | 2.44 |
| Profit before tax | 25.71 | 20.57 | 17.53 | 11.90 | 21.70 | 22.62 | 16.12 | 9.62 |
| Tax | 7.15 | 5.67 | 4.41 | 3.08 | 5.38 | 6.77 | 4.17 | 2.50 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 427 | 597 | 483 | 327 | 291 | 371 | 315 | 370 |
| Revenue growth (YoY) | +30.5% | +105.0% | +30.1% | -11.7% | -28.2% | - | - | - |
| Other income | 0.48 | 9.59 | 9.76 | 7.65 | 5.12 | 10.97 | 4.73 | 5.18 |
| EBITDA | 35.53 | 30.10 | 21.43 | 23.96 | 32.65 | 12.34 | 11.17 | 23.45 |
| EBITDA margin | +8.3% | +5.0% | +4.4% | +7.3% | +11.2% | +3.3% | +3.5% | +6.3% |
| Depreciation | 0.98 | 1.07 | 0.80 | 0.80 | 0.84 | 0.74 | 0.80 | 0.73 |
| Interest | 5.13 | 7.29 | 4.93 | 5.43 | 7.97 | 3.79 | 2.45 | 3.55 |
| Profit before tax | 29.90 | 31.33 | 25.46 | 25.38 | 28.96 | 18.78 | 12.65 | 24.35 |
| Tax | 8.50 | 8.40 | 6.20 | 6.28 | 8.48 | 5.24 | 3.47 | 6.32 |
| Net profit | 21.40 | 22.93 | 19.26 | 19.10 | 20.48 | 13.54 | 9.18 | 18.03 |
| EPS (βΉ) | 0.51 | 2.35 | 0.92 | 2.76 | 2.96 | 1.96 | 1.48 | 3.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,769 | 1,348 | 1,312 | 1,379 | 1,134 | 800 | 777 |
| Revenue growth | +31.2% | +2.7% | -4.9% | +21.6% | +41.8% | +2.9% | - |
| Other income | 36.66 | 26.00 | 32.53 | 12.76 | 37.09 | 6.06 | 12.82 |
| Total expenses | 1,679 | 1,269 | 1,240 | 1,281 | 1,042 | 732 | 730 |
| Employee cost | 16.11 | 12.20 | 9.66 | 8.00 | 7.01 | 5.61 | 3.82 |
| EBITDA | 90.29 | 79.60 | 72.20 | 98.24 | 92.68 | 67.39 | 47.64 |
| EBITDA margin | +5.1% | +5.9% | +5.5% | +7.1% | +8.2% | +8.4% | +6.1% |
| Depreciation | 3.47 | 3.11 | 3.67 | 3.79 | 3.13 | 2.90 | 2.92 |
| Interest | 22.74 | 17.76 | 20.60 | 19.82 | 13.00 | 11.71 | 14.49 |
| Profit before tax | 101 | 84.73 | 80.46 | 87.39 | 114 | 58.84 | 43.05 |
| Tax | 24.70 | 23.50 | 19.74 | 24.54 | 29.12 | 13.43 | 11.35 |
| Net profit | 73.04 | 60.59 | 59.78 | 62.80 | 84.02 | 45.20 | 31.70 |
| Net profit margin | +4.1% | +4.5% | +4.6% | +4.6% | +7.4% | +5.7% | +4.1% |
| EPS (βΉ) | 3.53 | 10.10 | 9.96 | 10.45 | 13.97 | 114.78 | 85.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.44 | 12.00 | 12.00 | 12.00 | 12.00 | 3.94 | 3.69 |
| Reserves & surplus | 560 | 380 | 319 | 262 | 194 | 130 | 86.23 |
| Shareholders' funds (net worth) | 602 | 426 | 331 | 274 | 206 | 135 | 89.92 |
| Minority interest | 3.95 | 2.66 | 2.02 | 1.08 | 0.89 | 0.20 | 0.00 |
| Secured loans | 289 | 272 | 257 | 313 | 254 | 112 | 126 |
| Unsecured loans | 78.65 | 92.45 | 136 | 99.77 | 84.72 | 75.74 | 84.18 |
| Total debt | 368 | 364 | 393 | 413 | 338 | 188 | 210 |
| Total liabilities | 974 | 793 | 726 | 689 | 545 | 323 | 300 |
| Assets | |||||||
| Gross block | 77.22 | 73.79 | 69.70 | 67.61 | 62.83 | 59.74 | 59.74 |
| Net block | 40.57 | 40.25 | 36.96 | 38.54 | 37.19 | 36.01 | 38.01 |
| Capital work in progress | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 8.88 | 10.58 | 8.54 | 12.23 | 1.68 | 0.11 | 0.00 |
| Inventories | 435 | 314 | 218 | 313 | 195 | 109 | 55.93 |
| Sundry debtors | 577 | 480 | 482 | 403 | 404 | 253 | 257 |
| Cash & bank balances | 73.53 | 52.83 | 9.67 | 3.62 | 7.76 | 5.16 | 3.62 |
| Loans & advances | 16.70 | 12.39 | 14.73 | 13.24 | 20.03 | 10.00 | 4.06 |
| Total current assets | 1,102 | 859 | 724 | 732 | 627 | 377 | 321 |
| Total current liabilities | 184 | 116 | 41.69 | 92.81 | 120 | 90.21 | 57.39 |
| Net working capital | 918 | 743 | 682 | 640 | 507 | 287 | 263 |
| Total assets | 974 | 793 | 726 | 689 | 545 | 323 | 300 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 49.42 | 6.55 | 3.14 | 7.61 | 4.72 | 3.35 | 2.94 |
| Net cash from operating activities | (53.59) | 62.34 | 47.12 | (88.71) | (116) | 35.20 | 162 |
| Net cash from investing activities | (52.98) | (7.73) | (4.34) | (4.76) | (5.97) | (0.86) | (7.12) |
| Net cash from financing activities | 82.27 | (11.74) | (39.37) | 89.00 | 125 | (32.97) | (155) |
| Net change in cash | (24.31) | 42.87 | 3.41 | (4.47) | 2.89 | 1.37 | 0.40 |
| Closing cash | 73.53 | 52.83 | 9.67 | 3.62 | 7.76 | 5.16 | 3.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +31.2% | +2.7% | -4.9% | +21.6% | +41.8% | +2.9% | - |
| EBITDA growth | +13.4% | +10.3% | -26.5% | +6.0% | +37.5% | +41.5% | - |
| PBT growth | +18.9% | +5.3% | -7.9% | -23.1% | +93.1% | +36.7% | +140.1% |
| Net income growth | +20.6% | +1.4% | -4.8% | -25.3% | +85.9% | +42.6% | - |
| Revenue CAGR (3Y) | +8.7% | +5.9% | +18.0% | +21.1% | +0.8% | -5.4% | +9.6% |
| EBITDA CAGR (3Y) | -2.8% | -4.9% | +2.3% | +27.3% | +38.8% | +24.4% | +33.1% |
| Profitability & leverage | |||||||
| Net income margin | +4.3% | +4.5% | +4.6% | +4.6% | +7.5% | +5.7% | +4.1% |
| Return on capital employed | +14.1% | +13.6% | +14.4% | +17.5% | +29.3% | +22.8% | +16.3% |
| Return on net worth | +14.9% | +16.3% | +20.2% | +26.4% | +50.2% | +41.1% | +43.2% |
| Debt / equity | 0.72 | 1.01 | 1.34 | 1.58 | 1.56 | 1.80 | 3.80 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 26.19 | 23.22 | 30.06 | 20.98 | 14.52 | 18.16 | 32.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 24.05 | 19.32 | 19.68 | 21.80 | 19.12 | 13.84 | 14.75 |
| Inventory turnover | 4.72 | 5.07 | 4.95 | 5.43 | 7.45 | 9.68 | 6.96 |
| Debtors turnover | 3.35 | 2.80 | 2.97 | 3.42 | 3.45 | 3.14 | 2.90 |
| EPS (βΉ) | 3.53 | 10.10 | 9.96 | 10.45 | 13.97 | 114.78 | 85.92 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.45 | 9.25 | 20.00 | 5.00 |
| Book value per share (βΉ) | 28.94 | 64.95 | 54.79 | 45.34 | 33.95 | 336.18 | 238.44 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 334 | 293 | 326 | 291 | 256 | 243 | 245 | 150 |
| Revenue growth (YoY) | +30.6% | +20.6% | +33.4% | +94.0% | -7.2% | - | - | - |
| Other income | 0.53 | 9.23 | 6.25 | 5.25 | 7.68 | 4.46 | 10.98 | 4.72 |
| Total expenses | 303 | 274 | 309 | 278 | 236 | 216 | 235 | 142 |
| EBITDA | 31.09 | 19.25 | 16.97 | 12.49 | 20.22 | 26.92 | 9.60 | 8.10 |
| EBITDA margin | +9.3% | +6.6% | +5.2% | +4.3% | +7.9% | +11.1% | +3.9% | +5.4% |
| Depreciation | 0.82 | 0.76 | 0.76 | 0.75 | 0.77 | 0.81 | 0.71 | 0.76 |
| Interest | 5.09 | 7.15 | 4.93 | 5.09 | 5.43 | 7.95 | 3.75 | 2.44 |
| Profit before tax | 25.71 | 20.57 | 17.53 | 11.90 | 21.70 | 22.62 | 16.12 | 9.62 |
| Tax | 7.15 | 5.67 | 4.41 | 3.08 | 5.38 | 6.77 | 4.17 | 2.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,166 | 913 | 1,186 | 1,262 | 1,098 | 778 | 767 |
| Revenue growth | +27.7% | -23.0% | -6.1% | +14.9% | +41.1% | +1.6% | - |
| Other income | 28.41 | 25.33 | 32.22 | 11.84 | 36.96 | 5.06 | 12.82 |
| Total expenses | 1,097 | 848 | 1,127 | 1,177 | 1,013 | 720 | 714 |
| Employee cost | 9.96 | 8.14 | 7.27 | 6.89 | 6.32 | 5.34 | 3.82 |
| EBITDA | 68.90 | 65.21 | 59.16 | 85.59 | 84.95 | 58.56 | 52.07 |
| EBITDA margin | +5.9% | +7.1% | +5.0% | +6.8% | +7.7% | +7.5% | +6.8% |
| Depreciation | 3.03 | 2.97 | 3.54 | 3.68 | 3.02 | 2.81 | 2.91 |
| Interest | 22.60 | 17.69 | 20.48 | 19.16 | 12.73 | 11.64 | 14.48 |
| Profit before tax | 71.68 | 69.88 | 67.36 | 74.59 | 106 | 49.17 | 47.50 |
| Tax | 18.53 | 18.88 | 15.97 | 21.04 | 27.33 | 12.53 | 11.35 |
| Net profit | 53.15 | 51.11 | 47.77 | 53.69 | 79.01 | 36.62 | 36.15 |
| Net profit margin | +4.6% | +5.6% | +4.0% | +4.3% | +7.2% | +4.7% | +4.7% |
| EPS (βΉ) | 2.57 | 8.50 | 8.56 | 8.93 | 13.14 | 92.96 | 98.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.44 | 12.00 | 12.00 | 12.00 | 12.00 | 3.94 | 3.69 |
| Reserves & surplus | 507 | 346 | 294 | 243 | 192 | 135 | 98.03 |
| Shareholders' funds (net worth) | 548 | 392 | 306 | 255 | 204 | 139 | 102 |
| Secured loans | 289 | 272 | 257 | 307 | 247 | 112 | 126 |
| Unsecured loans | 76.95 | 92.45 | 136 | 99.73 | 84.72 | 75.74 | 84.18 |
| Total debt | 366 | 364 | 393 | 407 | 331 | 188 | 210 |
| Total liabilities | 915 | 756 | 700 | 662 | 536 | 327 | 312 |
| Assets | |||||||
| Gross block | 73.71 | 72.08 | 68.05 | 65.97 | 61.71 | 58.69 | 59.07 |
| Net block | 37.64 | 39.05 | 35.77 | 37.21 | 36.28 | 35.06 | 37.35 |
| Capital work in progress | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 13.12 | 11.69 | 1.66 | 1.54 | 0.22 | 1.63 | 1.42 |
| Inventories | 420 | 303 | 212 | 308 | 190 | 90.73 | 54.00 |
| Sundry debtors | 547 | 466 | 467 | 400 | 405 | 275 | 273 |
| Cash & bank balances | 49.40 | 35.73 | 7.55 | 1.44 | 3.40 | 2.09 | 1.64 |
| Loans & advances | 13.50 | 9.43 | 12.74 | 12.12 | 18.95 | 9.53 | 3.83 |
| Total current assets | 1,030 | 813 | 699 | 722 | 617 | 378 | 333 |
| Total current liabilities | 172 | 107 | 35.55 | 97.45 | 117 | 87.42 | 58.24 |
| Net working capital | 858 | 706 | 663 | 624 | 500 | 290 | 274 |
| Total assets | 915 | 756 | 700 | 662 | 536 | 327 | 312 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 32.49 | 4.59 | 1.11 | 3.25 | 1.65 | 1.36 | 1.20 |
| Net cash from operating activities | (61.15) | 55.98 | 36.16 | (52.08) | (113) | 33.89 | 161 |
| Net cash from investing activities | (45.06) | (16.35) | 0.17 | (6.17) | (4.46) | (0.58) | (6.46) |
| Net cash from financing activities | 74.88 | (11.72) | (32.85) | 56.11 | 119 | (33.03) | (155) |
| Net change in cash | (31.33) | 27.90 | 3.48 | (2.13) | 1.60 | 0.28 | 0.16 |
| Closing cash | 49.40 | 35.73 | 7.55 | 1.44 | 3.40 | 2.09 | 1.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.7% | -23.0% | -6.1% | +14.9% | +41.1% | +1.6% | - |
| EBITDA growth | +5.7% | +10.2% | -30.9% | +0.8% | +45.1% | +12.5% | - |
| PBT growth | +2.6% | +3.7% | -9.7% | -29.7% | +115.9% | +3.5% | +89.1% |
| Net income growth | +4.0% | +7.0% | -11.0% | -32.1% | +115.8% | +1.3% | - |
| Revenue CAGR (3Y) | -2.6% | -6.0% | +15.1% | +18.1% | +0.9% | -5.6% | +9.1% |
| EBITDA CAGR (3Y) | -7.0% | -8.4% | +0.3% | +18.0% | +26.8% | +18.9% | +37.0% |
| Profitability & leverage | |||||||
| Net income margin | +4.6% | +5.6% | +4.3% | +4.2% | +7.2% | +4.7% | +4.7% |
| Return on capital employed | +11.3% | +12.1% | +12.9% | +15.7% | +27.7% | +19.1% | +17.1% |
| Return on net worth | +11.4% | +14.7% | +18.4% | +23.5% | +46.4% | +30.9% | +43.7% |
| Debt / equity | 0.78 | 1.09 | 1.43 | 1.62 | 1.53 | 1.68 | 3.37 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 34.31 | 28.42 | 36.82 | 23.39 | 15.54 | 20.88 | 29.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 16.43 | 13.41 | 18.23 | 20.40 | 18.86 | 13.67 | 14.64 |
| Inventory turnover | 3.23 | 3.55 | 4.56 | 5.06 | 7.81 | 10.76 | 7.17 |
| Debtors turnover | 2.30 | 1.96 | 2.74 | 3.14 | 3.23 | 2.84 | 2.81 |
| EPS (βΉ) | 2.57 | 8.50 | 8.56 | 8.93 | 13.14 | 92.96 | 98.01 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.45 | 9.25 | 20.00 | 5.00 |
| Book value per share (βΉ) | 26.36 | 59.28 | 50.75 | 42.19 | 33.71 | 347.33 | 270.42 |
Timeline of GRM Rice
3 dated milestones of GRM Rice across 52 years, from founding to its latest funding, stage changes and deals.
- Founded GRM Rice is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $16.2M.
Competitors of GRM Rice
GRM Rice has 3 listed competitors in our database, 1 of them funded. They include Daawat, Kohinoor Foods and Radikal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daawat.com | 1998 | Gurugram, India | 113 | Basmati rice is manufactured and distributed worldwide by Daawat. | ||
| kohinoorfoods.in | 1989 | Delhi, India | 90 | Basmati rice, ready-to-eat meals, and frozen foods are manufactured. | ||
| radikalway.com | 2009 | Delhi, India | $34.55M | 28 | Processed Basmati rice products are manufactured in Delhi. |
Detailed competitors of GRM Rice
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- Full competitor set
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Web traffic of GRM Rice
The website of GRM Rice (grmrice.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 7.1% vs previous month
Websites whose visitors overlap most with GRM Rice. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grmschool.com | 100% | 2.3K | #6,344,810 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as GRM Rice (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about Grm Rice
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Frequently Asked Questions about GRM Rice
GRM Rice was founded in 1972 and raised its 1st funding round 52 years after it was founded.
GRM Rice is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
GRM Rice has 507 employees.
The primary company behind GRM Rice, Grm Overseas Limited, reported revenue of βΉ1,806 Cr for FY 2026, up 31% year on year.
GRM Rice, established in 1978, is involved in the production and distribution of premium basmati rice and other food products like spices, atta, and biryani kits. The company serves both international and domestic markets, exporting to 38 countries and catering to Indian consumers through its 10X brand. Operations are focused on quality and innovation, with products sourced and curated for diverse culinary needs. The company is committed to delivering authentic and traditional food staples across various sectors of the food industry.
GRM Rice's top competitors include Daawat, Kohinoor Foods and Radikal.
GRM Rice offers Basmati Rice, Spices, Classic Atta, and Biryani Kit.
Yes, GRM Rice is publicly traded on NSE under the ticker symbol GRMOVER.
GRM Rice is associated with 2 legal entities: Grm Overseas Limited, Grm Foodkraft Private Limited.
The legal entities of GRM Rice currently have 11 directors, including Hukam Chand Garg, Gautam Gupta, Tarun Singh and others.
