About Grovy India
Grovy India is a publicly listed company based in Delhi (India) founded in 1985. Buildings are developed in the real estate sector across India. Its chief executive, as recorded, is Nishit Jalan. Its Indian entity Grovy India Limited reported revenue of ₹35.35 Cr. Grovy India offers products and services including Real Estate Development, Redevelopment Services, and Cost Consultancy. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Lodha Group and Godrej Properties.
Company details
Grovy India was established in 1985 and is based in Delhi, India. Operations are centered on real estate development, with a focus on constructing buildings for various purposes. Services encompass planning and execution of residential and commercial projects. The company is led by CEO Nishit Jalan, and activities are conducted primarily within the Indian market.
- Headquarters Delhi, India
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website grovyindia.com
- Social LinkedIn Facebook Instagram
- Legal Name Grovy India Ltd.
- Market Cap₹102 Cr
GROVY · BSE
- Share Price₹55.90
-4.44% today
- Revenue₹33.20 Cr
FY 2025-26 · +30.6% YoY
- EBITDA₹2.64 Cr
Margin 8.0%
- Net Profit₹2.91 Cr
FY 2025-26 · +62.6% YoY
- P/E (TTM)20.1x
P/B 2.6x
- ROE13.3%
ROCE 10.2%
- Debt / Equity1.14
Interest cover 33.2x
Associated legal entities of Grovy India
Grovy India operates through Grovy India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grovy India Limited Listed CIN L74130DL1985PLC021532 | Active | 23 Jul 1985 | New Delhi, Delhi | ₹35.4 Cr | 9 | 8 | View details |
Products & Services of Grovy India
Grovy India offers a comprehensive portfolio of products and services, including Real Estate Development, Redevelopment Services, and Cost Consultancy.
Development of luxury residential properties in Delhi areas
Re-establishing land through turnkey and collaboration models
Planning and budgeting for real estate projects in India
Board of directors of Grovy India Limited (Grovy India)
Grovy India Limited is the primary company behind Grovy India. The board of Grovy India Limited currently have 6 directors; the longest-serving is Prakash Chand Jalan, appointed in 1990. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Chand Jalan DIN 00475545 | Director | 08 Jun 1990 | 36 yrs 4 mo | Grovy India Limited |
| Anita Jalan DIN 00475635 | Director | 01 Sep 1995 | 31 yrs 2 mo | Grovy India Limited |
| Ankur Jalan DIN 02964227 | CFO | 18 Jun 2015 | 11 yrs 4 mo | Grovy India Limited |
| Nawal Kishore Choudhury DIN 00973844 | Director | 02 Mar 2020 | 6 yrs 8 mo | Grovy India Limited |
| Jay Nandan Jha DIN 00531064 | Director | 18 Dec 2020 | 5 yrs 10 mo | Grovy India Limited |
| Anupam Singh Sisodia DIN 02637198 | Director | 07 Mar 2025 | 1 yr 8 mo | Grovy India Limited |
People of Grovy India
1 people are tracked at Grovy India (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nishit Jalan | CEO | Leadership |
Complete people profiles for Grovy India
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 Grovy India
Grovy India is a publicly listed company on the BSE with ticker symbol GROVY in India, operating in the Finance 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 date30 Dec 2015
- Listed onBSE: 539522
- Listed entityGrovy India Ltd.
- Exchange sectorFinance
- ISININE343C01012
- Share price₹60.64 (-0.1% on the day) · 2026-10-14
- Volume (last session)140
Financials of Grovy India
Exchange-reported figures of Grovy India Limited, the listed company behind Grovy India (BSE: GROVY).
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | 33.20 | 25.42 | 19.55 | 20.92 | 21.54 | 13.29 | 17.86 |
| Revenue growth | +30.6% | +30.0% | -6.6% | -2.9% | +62.1% | -25.6% | - |
| EBITDA | 2.64 | 1.99 | 1.09 | 1.29 | 0.61 | 0.32 | (1.09) |
| EBITDA margin | +8.0% | +7.8% | +5.6% | +6.2% | +2.8% | +2.4% | -6.1% |
| Profit before tax | 3.88 | 2.39 | 1.32 | 1.21 | 1.11 | 1.46 | (1.33) |
| Net profit | 2.91 | 1.79 | 0.95 | 0.90 | 1.06 | 1.43 | (2.26) |
| Net profit margin | +8.8% | +7.0% | +4.9% | +4.3% | +4.9% | +10.8% | -12.7% |
| EPS (₹) | 2.17 | 1.35 | 3.00 | 2.71 | 4.28 | 5.73 | (5.34) |
| Balance sheet | |||||||
| Total assets | 48.07 | 45.07 | 30.21 | 27.80 | 18.38 | 16.61 | 17.17 |
| Net worth | 23.06 | 20.42 | 18.85 | 17.59 | 11.71 | 10.59 | 8.90 |
| Total debt | 24.97 | 24.62 | 11.36 | 10.21 | 6.67 | 6.01 | 8.27 |
| Cash & bank | 0.02 | 0.01 | 0.01 | 0.02 | 0.53 | 0.50 | 0.04 |
| Net working capital | 47.29 | 44.12 | 28.67 | 26.86 | 17.59 | 15.72 | 16.86 |
| Cash flow | |||||||
| Cash from operations | 0.43 | (13.42) | (0.43) | (8.42) | (0.39) | 0.72 | (1.07) |
| Cash from investing | 0.80 | 0.76 | (0.30) | (0.17) | 0.12 | (0.28) | 0.96 |
| Cash from financing | (1.22) | 12.66 | 0.72 | 8.08 | 0.30 | 0.03 | (0.03) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.87 | 27.50 | 6.99 | 3.00 | 14.96 | 8.25 | 3.40 | 19.65 |
| Revenue growth (YoY) | +79.6% | +233.3% | +105.6% | -84.7% | +1247.8% | +554.8% | - | - |
| Other income | 0.31 | 0.09 | 0.91 | 0.63 | 0.57 | 0.04 | 0.74 | 0.05 |
| Total expenses | 24.02 | 24.81 | 6.36 | 2.83 | 14.59 | 6.79 | 3.48 | 17.25 |
| EBITDA | 2.85 | 2.69 | 0.63 | 0.17 | 0.37 | 1.46 | (0.08) | 2.40 |
| EBITDA margin | +10.6% | +9.8% | +9.0% | +5.7% | +2.5% | +17.7% | -2.4% | +12.2% |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Interest | 0.43 | 0.22 | 0.36 | 0.05 | 0.42 | 0.02 | 0.42 | 0.03 |
| Profit before tax | 2.72 | 2.55 | 1.17 | 0.74 | 0.51 | 1.47 | 0.22 | 2.40 |
| Tax | 0.70 | 0.64 | 0.27 | 0.20 | 0.13 | 0.38 | 0.02 | 0.58 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.87 | 27.50 | 6.99 | 3.00 | 14.96 | 8.25 | 3.40 | 19.65 |
| Revenue growth (YoY) | +79.6% | +233.3% | +105.6% | -84.7% | +1247.8% | +554.8% | - | - |
| Other income | 0.31 | 0.09 | 0.91 | 0.63 | 0.57 | 0.04 | 0.74 | 0.05 |
| Total expenses | 24.02 | 24.81 | 6.36 | 2.83 | 14.59 | 6.79 | 3.48 | 17.25 |
| EBITDA | 2.85 | 2.69 | 0.63 | 0.17 | 0.37 | 1.46 | (0.08) | 2.40 |
| EBITDA margin | +10.6% | +9.8% | +9.0% | +5.7% | +2.5% | +17.7% | -2.4% | +12.2% |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Interest | 0.43 | 0.22 | 0.36 | 0.05 | 0.42 | 0.02 | 0.42 | 0.03 |
| Profit before tax | 2.72 | 2.55 | 1.17 | 0.74 | 0.51 | 1.47 | 0.22 | 2.40 |
| Tax | 0.70 | 0.64 | 0.27 | 0.20 | 0.13 | 0.38 | 0.02 | 0.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 33.20 | 25.42 | 19.55 | 20.92 | 21.54 | 13.29 | 17.86 |
| Revenue growth | +30.6% | +30.0% | -6.6% | -2.9% | +62.1% | -25.6% | - |
| Other income | 2.15 | 0.94 | 0.69 | 0.25 | 0.60 | 1.27 | (0.19) |
| Total expenses | 30.56 | 23.43 | 18.46 | 19.63 | 20.93 | 12.97 | 18.95 |
| Employee cost | 0.47 | 0.36 | 0.29 | 0.20 | 0.15 | 0.16 | 0.43 |
| EBITDA | 2.64 | 1.99 | 1.09 | 1.29 | 0.61 | 0.32 | (1.09) |
| EBITDA margin | +8.0% | +7.8% | +5.6% | +6.2% | +2.8% | +2.4% | -6.1% |
| Depreciation | 0.05 | 0.07 | 0.06 | 0.05 | 0.07 | 0.03 | 0.01 |
| Interest | 0.86 | 0.47 | 0.40 | 0.28 | 0.03 | 0.10 | 0.04 |
| Profit before tax | 3.88 | 2.39 | 1.32 | 1.21 | 1.11 | 1.46 | (1.33) |
| Tax | 0.97 | 0.60 | 0.33 | 0.31 | 0.05 | 0.02 | 0.00 |
| Net profit | 2.91 | 1.79 | 0.95 | 0.90 | 1.06 | 1.43 | (2.26) |
| Net profit margin | +8.8% | +7.0% | +4.9% | +4.3% | +4.9% | +10.8% | -12.7% |
| EPS (₹) | 2.17 | 1.35 | 3.00 | 2.71 | 4.28 | 5.73 | (5.34) |
| 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 | 13.34 | 13.34 | 3.33 | 3.33 | 2.51 | 2.51 | 2.51 |
| Reserves & surplus | 9.72 | 7.08 | 15.52 | 14.26 | 9.20 | 8.08 | 6.39 |
| Shareholders' funds (net worth) | 23.06 | 20.42 | 18.85 | 17.59 | 11.71 | 10.59 | 8.90 |
| Secured loans | 6.91 | 6.26 | 2.10 | 4.84 | 1.12 | 0.14 | 0.00 |
| Unsecured loans | 18.06 | 18.36 | 9.26 | 5.37 | 5.55 | 5.87 | 8.27 |
| Total debt | 24.97 | 24.62 | 11.36 | 10.21 | 6.67 | 6.01 | 8.27 |
| Total liabilities | 48.07 | 45.07 | 30.21 | 27.80 | 18.38 | 16.61 | 17.17 |
| Assets | |||||||
| Gross block | 0.42 | 0.41 | 0.39 | 0.30 | 0.30 | 0.30 | 0.19 |
| Net block | 0.11 | 0.16 | 0.21 | 0.11 | 0.16 | 0.22 | 0.04 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.59 | 0.77 | 1.35 | 0.81 | 0.63 | 0.67 | 0.26 |
| Inventories | 60.88 | 36.40 | 24.16 | 23.23 | 14.69 | 12.99 | 16.24 |
| Sundry debtors | 1.03 | 3.53 | 2.01 | 0.00 | 0.01 | 0.15 | 0.03 |
| Cash & bank balances | 0.02 | 0.01 | 0.01 | 0.02 | 0.53 | 0.50 | 0.04 |
| Loans & advances | 10.65 | 7.66 | 2.67 | 10.95 | 2.37 | 2.22 | 2.58 |
| Total current assets | 72.58 | 47.60 | 28.85 | 34.20 | 17.60 | 15.86 | 18.89 |
| Total current liabilities | 25.29 | 3.48 | 0.18 | 7.34 | 0.01 | 0.14 | 2.03 |
| Net working capital | 47.29 | 44.12 | 28.67 | 26.86 | 17.59 | 15.72 | 16.86 |
| Total assets | 48.07 | 45.07 | 30.21 | 27.80 | 18.38 | 16.61 | 17.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.01 | 0.02 | 0.53 | 0.50 | 0.04 | 0.19 |
| Net cash from operating activities | 0.43 | (13.42) | (0.43) | (8.42) | (0.39) | 0.72 | (1.07) |
| Net cash from investing activities | 0.80 | 0.76 | (0.30) | (0.17) | 0.12 | (0.28) | 0.96 |
| Net cash from financing activities | (1.22) | 12.66 | 0.72 | 8.08 | 0.30 | 0.03 | (0.03) |
| Net change in cash | 0.00 | 0.00 | (0.01) | (0.51) | 0.03 | 0.46 | (0.15) |
| Closing cash | 0.02 | 0.01 | 0.01 | 0.02 | 0.53 | 0.50 | 0.04 |
| 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 | +30.6% | +30.0% | -6.6% | -2.9% | +62.1% | -25.6% | - |
| EBITDA growth | +32.7% | +82.6% | -15.5% | +111.5% | +90.6% | +129.4% | - |
| PBT growth | +62.3% | +81.1% | +9.1% | +9.0% | -24.0% | +9998.0% | - |
| Net income growth | +62.6% | +88.4% | +5.6% | -15.1% | -25.9% | +163.3% | - |
| Revenue CAGR (3Y) | +16.6% | +5.7% | +13.7% | +5.4% | +34.9% | +2.6% | +24.9% |
| EBITDA CAGR (3Y) | +27.0% | +48.3% | +50.5% | - | +71.9% | +26.0% | +179.4% |
| Profitability & leverage | |||||||
| Net income margin | +8.8% | +7.0% | +5.1% | +4.3% | +4.9% | +10.8% | -7.5% |
| Return on capital employed | +10.2% | +7.6% | +6.0% | +6.5% | +6.6% | +9.2% | -13.0% |
| Return on net worth | +13.3% | +9.1% | +5.5% | +6.2% | +9.7% | +14.8% | -23.7% |
| Debt / equity | 1.14 | 0.92 | 0.59 | 0.58 | 0.57 | 0.73 | 0.79 |
| Long-term debt / equity | 0.12 | 0.09 | 0.12 | 0.15 | 0.02 | 0.01 | 0.00 |
| Interest cover | 33.20 | 24.48 | 38.83 | 22.58 | 5.56 | 34.48 | -3.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 80.00 | 63.55 | 56.67 | 69.73 | 71.80 | 54.24 | 83.07 |
| Inventory turnover | 0.68 | 0.84 | 0.83 | 1.10 | 1.56 | 0.91 | 1.17 |
| Debtors turnover | 14.56 | 9.18 | 19.45 | 4,184.00 | 269.25 | 147.67 | 1,190.67 |
| EPS (₹) | 2.17 | 1.35 | 3.00 | 2.71 | 4.28 | 5.73 | (5.34) |
| Dividend per share (₹) | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 |
| Book value per share (₹) | 17.29 | 15.31 | 56.56 | 52.77 | 46.57 | 42.15 | 35.41 |
Competitors of Grovy India
Grovy India has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Grovy India
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Web traffic of Grovy India
The website of Grovy India (grovyindia.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▲ 12.2% vs previous month
Websites whose visitors overlap most with Grovy India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
onegroup.co.in | onegroup.co.in | 100% | #6,118,168 | – | |
southdelhifloors.com | southdelhifloors.com | 99% | #3,692,969 | – | |
| prithu.in | 97% | 20.5K | #1,166,809 | View details | |
sudvivek.com | sudvivek.com | 91% | #9,183,261 | – | |
| vrcgroup.in | 90% | #3,214,245 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Grovy India
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Grovy India (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
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Frequently Asked Questions about Grovy India
Grovy India was founded in 1985.
Grovy India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Nishit Jalan is the CEO of Grovy India, as recorded in our data.
The primary company behind Grovy India, Grovy India Limited, reported revenue of ₹35.35 Cr for FY 2026, up 31% year on year.
Grovy India was established in 1985 and is based in Delhi, India. Operations are centered on real estate development, with a focus on constructing buildings for various purposes. Services encompass planning and execution of residential and commercial projects. The company is led by CEO Nishit Jalan, and activities are conducted primarily within the Indian market.
Grovy India's top competitors include Godrej Properties and Lodha Group.
Grovy India offers Real Estate Development, Redevelopment Services, and Cost Consultancy.
Yes, Grovy India is publicly traded on BSE under the ticker symbol GROVY.
Grovy India operates through Grovy India Limited.
The legal entities of Grovy India currently have 8 directors, including Jay Nandan Jha, Prakash Chand Jalan, Anita Jalan and others.