
About GRP
GRP is a publicly listed company based in Mumbai (India) founded in 1974. Automotive rubber products are manufactured and supplied globally. It operates on a Direct-to-Consumer (D2C) and Circular Economy model. The company has 416 employees. Its Indian entity Grp Limited reported revenue of βΉ538 Cr. GRP offers products and services including Reclaim Rubber, Engineering Plastics, Repurposed Polyolefins, Polymer Composite, and Custom Die Forms. Its focus areas include Materials, Rubber & Plastics, Reclaimed Rubber and Plastics. Its competitors include Innova Rubbers, Fores Group and Sankar Elastomers.
Company details
GRP Ltd, established in 1974, is engaged in the production of reclaimed rubber from end-of-life tyres, engineering plastics from nylon waste, and other sustainable materials like repurposed polyolefins and polymer composites. The company operates across five business verticals, including Reclaim Rubber and Custom Die Forms, serving the global polymer industry. With seven manufacturing units in India, solutions are provided to enhance sustainability by reducing CO2 emissions and recycling materials for tyre and non-tyre applications. Sectors such as logistics, construction, and agriculture are supported through innovative, cost-effective products.
- Headquarters Mumbai, India
- Employees 416
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website grpweb.com
- Social LinkedIn X Facebook Instagram
- Legal Name Grp Ltd
- Market Cap₹1,043 Cr
GRPLTD · NSE
- Share Price₹1,834.30
-6.24% today
- Revenue₹535 Cr
FY 2025-26 · -2.8% YoY
- EBITDA₹38.85 Cr
Margin 7.3%
- Net Profit₹4.60 Cr
FY 2025-26 · -85.3% YoY
- P/E (TTM)93.2x
P/B 5.5x
- ROE2.5%
ROCE 6.9%
- Debt / Equity0.96
Interest cover 73.2x
- Employee Count416
Associated legal entities of GRP
GRP operates through Grp 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 |
|---|---|---|---|---|---|---|---|
| Grp Limited Listed CIN L25191GJ1974PLC002555 | Active | 29 Jun 1974 | Ankleshwar, Gujarat | ₹538 Cr | 986 | 8 | View details |
Products & Services of GRP
GRP offers a comprehensive portfolio of products and services, including Reclaim Rubber, Engineering Plastics, Repurposed Polyolefins, Polymer Composite, and Custom Die Forms.
Reclaimed rubber is produced from end-of-life tyres.
Polyamide is recovered from end-of-life tyre materials.
Sustainable materials are provided for rigid packaging solutions.
Durable composites are made from recycled materials entirely.
Engineered products are created from end-of-life tyres.
Board of directors of Grp Limited (GRP)
Grp Limited is the primary company behind GRP. The board of Grp Limited currently have 7 directors; the longest-serving is Rajendra Vadilal Gandhi, appointed in 2010. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendra Vadilal Gandhi DIN 00189197 | Director | 01 Aug 2010 | 16 yrs 3 mo | Grp Limited |
| Harsh Gandhi DIN 00133091 | Managing Director | 16 Jun 2012 | 14 yrs 4 mo | Grp Limited |
| Saurabh Surendra Shah DIN 02094645 | Director | 12 Sep 2017 | 9 yrs 2 mo | Grp Limited |
| Hemal Harsh Gandhi DIN 01444424 | Whole-time director | 22 Aug 2022 | 4 yrs 2 mo | Grp Limited |
| Vivek Gul Asrani DIN 00114447 | Director | 22 Aug 2022 | 4 yrs 2 mo | Grp Limited |
| Anshul Mittal DIN 00139786 | Director | 22 Aug 2022 | 4 yrs 2 mo | Grp Limited |
| Belur Krishna Murthy Sethuram DIN 03498701 | Director | 09 May 2025 | 1 yr 6 mo | Grp Limited |
People of GRP
35 people are tracked at GRP (9 in leadership, 5 in board & advisors, 21 in team); the tracked headcount is 416.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Harish Tiwari | Assistant General Manager Procurement | Leadership |
Nikhil Gondane (PMP, SAP S4H, IT Applications, Digitization) | Head Information Systems | Leadership |
Sanjeeb Lahiri | Chief Human Resources Officer | Leadership |
Kush Giramkar | President-operations, Procurement & Projects | Leadership |
Ganesh Kumar | Head Operations | Leadership |
Keshav Pande | Plant Head And GM Projects | Leadership |
Km Ravi | Head-r&d /general Manager - R&d | Leadership |
Harsha Chandran | Project Head | Leadership |
Alpana Parida | Director | Board & advisors |
Rajeev M. Pandia | Director | Board & advisors |
| Director | Board & advisors | |
Peter Philip | Chairperson | Board & advisors |
Mahesh V. Gandhi | Director | Board & advisors |
Gitika Kaur | Statergic Sourcing Manager | Team |
Divyang Patel | Maintenance Manager | Team |
Kalyan Das | Marketing And Business Development | Team |
Deep Mehta | Assistant Operations Manager | Team |
Vinayak Kalburgi | Manager HR And Administration | Team |
Prachin Shende | Manager - Workforce Management | Team |
15 more people are available in the full profile.
Complete people profiles for GRP
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 GRP
GRP is a publicly listed company on the NSE with ticker symbol GRPLTD in India, operating in the Producer manufacturing 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 date12 Feb 2015
- Listed onNSE: GRPLTD
- Listed entityGRP Ltd
- Exchange sectorProducer manufacturing
- ISININE137I01015
- Share price₹1,791.90 (-0.03% on the day) · 2026-10-14
- Market capitalisation₹954 Cr
- Price to earnings168.5
- EPS (diluted, trailing year)₹10.63
- Dividend yield0.2%
- Volume (last session)2,028
Financials of GRP
Exchange-reported figures of Grp Limited, the listed company behind GRP (NSE: GRPLTD).
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 | 535 | 550 | 461 | 451 | 388 | 280 | 349 |
| Revenue growth | -2.8% | +19.3% | +2.3% | +16.1% | +38.8% | -19.8% | - |
| EBITDA | 38.85 | 68.09 | 48.32 | 24.78 | 23.18 | 16.93 | 18.94 |
| EBITDA margin | +7.3% | +12.4% | +10.5% | +5.5% | +6.0% | +6.1% | +5.4% |
| Profit before tax | 8.08 | 42.96 | 30.18 | 15.29 | 7.43 | 0.74 | (2.24) |
| Net profit | 4.60 | 31.28 | 24.51 | 13.49 | 6.31 | 0.72 | 2.88 |
| Net profit margin | +0.9% | +5.7% | +5.3% | +3.0% | +1.6% | +0.3% | +0.8% |
| EPS (βΉ) | 6.04 | 57.57 | 169.78 | 104.61 | 43.20 | 12.52 | 22.26 |
| Balance sheet | |||||||
| Total assets | 389 | 343 | 283 | 238 | 239 | 204 | 215 |
| Net worth | 178 | 192 | 167 | 147 | 136 | 132 | 127 |
| Total debt | 208 | 147 | 113 | 89.15 | 101 | 71.90 | 85.99 |
| Cash & bank | 0.66 | 1.43 | 0.27 | 0.69 | 0.44 | 13.83 | 8.44 |
| Net working capital | 146 | 137 | 125 | 110 | 111 | 105 | 103 |
| Cash flow | |||||||
| Cash from operations | 29.61 | 44.56 | 27.01 | 25.13 | 1.52 | 25.06 | 7.36 |
| Cash from investing | (55.94) | (61.25) | (42.09) | (5.45) | (38.34) | 0.86 | (11.18) |
| Cash from financing | 25.77 | 17.76 | 14.67 | (19.37) | 23.38 | (20.43) | 7.66 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 172 | 157 | 145 | 135 | 132 | 124 | 160 | 132 |
| Revenue growth (YoY) | +30.2% | +26.7% | -9.9% | +1.9% | +0.5% | -1.9% | - | - |
| Other income | 0.37 | 0.46 | 0.50 | 0.48 | 0.78 | 0.93 | 0.25 | 0.40 |
| EBITDA | 17.85 | 16.90 | 8.95 | 9.35 | 10.62 | 9.93 | 32.85 | 12.64 |
| EBITDA margin | +10.4% | +10.8% | +6.2% | +6.9% | +8.0% | +8.0% | +20.5% | +9.6% |
| Depreciation | 5.20 | 4.99 | 4.98 | 4.89 | 4.54 | 4.25 | 4.16 | 4.05 |
| Interest | 4.16 | 3.96 | 4.00 | 3.86 | 3.54 | 3.39 | 3.25 | 2.94 |
| Profit before tax | 8.86 | 8.41 | 0.47 | 1.08 | 3.32 | 3.22 | 25.69 | 6.05 |
| Tax | 2.49 | 4.21 | 1.80 | 0.22 | 1.36 | 1.47 | 6.24 | 1.66 |
| Net profit | 6.37 | 4.20 | (1.33) | 0.86 | 1.96 | 1.75 | 19.45 | 4.39 |
| EPS (βΉ) | 11.95 | 7.87 | (2.51) | 1.60 | 3.67 | 3.28 | 36.46 | 8.22 |
| 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 | 526 | 534 | 462 | 451 | 388 | 280 | 349 |
| Revenue growth | -1.5% | +15.7% | +2.4% | +16.2% | +38.9% | -19.8% | - |
| EBITDA | 40.66 | 70.43 | 48.45 | 25.09 | 23.06 | 16.73 | 18.70 |
| EBITDA margin | +7.7% | +13.2% | +10.5% | +5.6% | +5.9% | +6.0% | +5.4% |
| Profit before tax | 13.75 | 50.03 | 31.13 | 11.56 | 7.44 | 0.67 | (2.25) |
| Net profit | 10.63 | 38.44 | 25.62 | 9.83 | 6.33 | 0.68 | 3.00 |
| Net profit margin | +2.0% | +7.2% | +5.6% | +2.2% | +1.6% | +0.2% | +0.9% |
| EPS (βΉ) | 16.74 | 70.99 | 177.84 | 76.71 | 43.39 | 12.27 | 22.49 |
| Balance sheet | |||||||
| Total assets | 397 | 342 | 281 | 235 | 243 | 208 | 218 |
| Net worth | 193 | 200 | 168 | 148 | 140 | 136 | 131 |
| Total debt | 201 | 137 | 110 | 85.26 | 100 | 71.77 | 85.55 |
| Cash & bank | 0.56 | 1.26 | 0.16 | 0.55 | 0.41 | 13.80 | 8.43 |
| Net working capital | 152 | 141 | 130 | 110 | 109 | 103 | 101 |
| Cash flow | |||||||
| Cash from operations | 29.08 | 47.89 | 28.72 | 25.87 | 1.83 | 24.75 | 7.50 |
| Cash from investing | (58.98) | (59.34) | (43.64) | (2.92) | (38.34) | 0.79 | (11.63) |
| Cash from financing | 29.19 | 12.51 | 14.53 | (22.76) | 23.08 | (20.07) | 8.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 167 | 156 | 143 | 133 | 131 | 119 | 156 | 129 |
| Revenue growth (YoY) | +27.9% | +30.6% | -8.2% | +3.6% | +2.6% | -2.8% | - | - |
| Other income | 0.68 | 1.10 | 0.89 | 1.13 | 1.39 | 1.52 | 1.16 | 0.91 |
| Total expenses | 150 | 139 | 133 | 124 | 120 | 109 | 122 | 116 |
| EBITDA | 16.69 | 16.33 | 9.59 | 9.76 | 10.97 | 10.33 | 33.19 | 13.15 |
| EBITDA margin | +10.0% | +10.5% | +6.7% | +7.3% | +8.4% | +8.7% | +21.3% | +10.2% |
| Depreciation | 4.90 | 4.75 | 4.73 | 4.65 | 4.26 | 3.98 | 3.88 | 3.78 |
| Interest | 4.07 | 3.85 | 4.01 | 3.69 | 3.35 | 3.17 | 3.07 | 2.66 |
| Profit before tax | 8.40 | 8.83 | 1.74 | 2.55 | 4.75 | 4.70 | 27.40 | 7.62 |
| Tax | 2.57 | 4.01 | 1.81 | 0.20 | 1.35 | 1.46 | 6.08 | 1.79 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 172 | 157 | 145 | 135 | 132 | 124 | 160 | 132 |
| Revenue growth (YoY) | +30.2% | +26.7% | -9.9% | +1.9% | +0.5% | -1.9% | - | - |
| Other income | 0.37 | 0.46 | 0.50 | 0.48 | 0.78 | 0.93 | 0.25 | 0.40 |
| EBITDA | 17.85 | 16.90 | 8.95 | 9.35 | 10.62 | 9.93 | 32.85 | 12.64 |
| EBITDA margin | +10.4% | +10.8% | +6.2% | +6.9% | +8.0% | +8.0% | +20.5% | +9.6% |
| Depreciation | 5.20 | 4.99 | 4.98 | 4.89 | 4.54 | 4.25 | 4.16 | 4.05 |
| Interest | 4.16 | 3.96 | 4.00 | 3.86 | 3.54 | 3.39 | 3.25 | 2.94 |
| Profit before tax | 8.86 | 8.41 | 0.47 | 1.08 | 3.32 | 3.22 | 25.69 | 6.05 |
| Tax | 2.49 | 4.21 | 1.80 | 0.22 | 1.36 | 1.47 | 6.24 | 1.66 |
| Net profit | 6.37 | 4.20 | (1.33) | 0.86 | 1.96 | 1.75 | 19.45 | 4.39 |
| EPS (βΉ) | 11.95 | 7.87 | (2.51) | 1.60 | 3.67 | 3.28 | 36.46 | 8.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 535 | 550 | 461 | 451 | 388 | 280 | 349 |
| Revenue growth | -2.8% | +19.3% | +2.3% | +16.1% | +38.8% | -19.8% | - |
| Other income | 2.68 | 1.36 | 1.61 | 9.52 | 1.16 | 1.87 | 0.64 |
| Total expenses | 496 | 482 | 413 | 426 | 365 | 263 | 330 |
| Employee cost | 61.56 | 62.08 | 54.44 | 53.20 | 47.61 | 48.77 | 60.78 |
| EBITDA | 38.85 | 68.09 | 48.32 | 24.78 | 23.18 | 16.93 | 18.94 |
| EBITDA margin | +7.3% | +12.4% | +10.5% | +5.5% | +6.0% | +6.1% | +5.4% |
| Depreciation | 18.66 | 16.02 | 12.47 | 12.51 | 12.40 | 12.66 | 13.64 |
| Interest | 14.79 | 10.47 | 7.28 | 6.50 | 4.51 | 5.40 | 8.18 |
| Profit before tax | 8.08 | 42.96 | 30.18 | 15.29 | 7.43 | 0.74 | (2.24) |
| Tax | 4.84 | 12.23 | 7.55 | 1.36 | 1.68 | (0.93) | (5.22) |
| Net profit | 4.60 | 31.28 | 24.51 | 13.49 | 6.31 | 0.72 | 2.88 |
| Net profit margin | +0.9% | +5.7% | +5.3% | +3.0% | +1.6% | +0.3% | +0.8% |
| EPS (βΉ) | 6.04 | 57.57 | 169.78 | 104.61 | 43.20 | 12.52 | 22.26 |
| 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 | 5.33 | 5.33 | 1.33 | 1.33 | 1.33 | 1.33 | 1.33 |
| Reserves & surplus | 173 | 186 | 165 | 146 | 135 | 130 | 126 |
| Shareholders' funds (net worth) | 178 | 192 | 167 | 147 | 136 | 132 | 127 |
| Minority interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 206 | 146 | 113 | 88.29 | 99.67 | 70.93 | 85.16 |
| Unsecured loans | 1.11 | 0.58 | 0.62 | 0.86 | 0.92 | 0.97 | 0.83 |
| Total debt | 208 | 147 | 113 | 89.15 | 101 | 71.90 | 85.99 |
| Total liabilities | 389 | 343 | 283 | 238 | 239 | 204 | 215 |
| Assets | |||||||
| Gross block | 410 | 351 | 319 | 251 | 276 | 255 | 259 |
| Net block | 227 | 182 | 160 | 103 | 122 | 110 | 122 |
| Capital work in progress | 5.93 | 27.33 | 1.05 | 11.08 | 0.14 | 1.93 | 1.65 |
| Investments | 13.58 | 1.64 | 1.75 | 15.83 | 15.33 | 0.17 | 0.66 |
| Inventories | 51.84 | 53.44 | 49.14 | 46.41 | 53.49 | 43.36 | 46.77 |
| Sundry debtors | 109 | 101 | 106 | 70.69 | 86.01 | 63.91 | 65.20 |
| Cash & bank balances | 0.66 | 1.43 | 0.27 | 0.69 | 0.44 | 13.83 | 8.44 |
| Loans & advances | 42.72 | 36.42 | 16.55 | 28.47 | 13.98 | 11.33 | 20.48 |
| Total current assets | 205 | 192 | 172 | 146 | 154 | 132 | 141 |
| Total current liabilities | 58.72 | 55.06 | 46.61 | 36.63 | 42.53 | 27.77 | 38.33 |
| Net working capital | 146 | 137 | 125 | 110 | 111 | 105 | 103 |
| Total assets | 389 | 343 | 283 | 238 | 239 | 204 | 215 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (1.00) | 0.18 | 0.60 | 0.30 | 13.74 | 8.25 | 4.40 |
| Net cash from operating activities | 29.61 | 44.56 | 27.01 | 25.13 | 1.52 | 25.06 | 7.36 |
| Net cash from investing activities | (55.94) | (61.25) | (42.09) | (5.45) | (38.34) | 0.86 | (11.18) |
| Net cash from financing activities | 25.77 | 17.76 | 14.67 | (19.37) | 23.38 | (20.43) | 7.66 |
| Net change in cash | (0.56) | 1.07 | (0.42) | 0.30 | (13.44) | 5.49 | 3.84 |
| Closing cash | 0.66 | 1.43 | 0.27 | 0.69 | 0.44 | 13.83 | 8.44 |
| 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 | -2.8% | +19.3% | +2.3% | +16.1% | +38.8% | -19.8% | - |
| EBITDA growth | -42.9% | +40.9% | +95.0% | +6.9% | +36.9% | -10.6% | - |
| PBT growth | -81.2% | +42.4% | +97.4% | +105.8% | +904.1% | +9998.0% | - |
| Net income growth | -85.3% | +27.6% | +81.7% | +113.8% | +776.4% | -75.0% | - |
| Revenue CAGR (3Y) | +5.9% | +12.3% | +18.1% | +9.0% | +2.8% | -2.3% | +4.7% |
| EBITDA CAGR (3Y) | +16.2% | +43.2% | +41.9% | +9.4% | -2.2% | -2.7% | -10.1% |
| Profitability & leverage | |||||||
| Net income margin | +0.6% | +5.6% | +4.9% | +3.1% | +1.5% | +0.6% | +0.9% |
| Return on capital employed | +6.9% | +17.1% | +14.4% | +9.1% | +5.8% | +2.4% | +2.9% |
| Return on net worth | +2.5% | +17.1% | +14.4% | +9.8% | +4.7% | +0.6% | +2.3% |
| Debt / equity | 0.96 | 0.73 | 0.64 | 0.67 | 0.64 | 0.61 | 0.59 |
| Long-term debt / equity | 0.34 | 0.17 | 0.12 | 0.13 | 0.10 | 0.08 | 0.06 |
| Interest cover | 73.25 | 20.11 | 20.31 | 52.97 | 41.84 | 126.46 | 154.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.53 | 1.76 | 1.74 | 1.82 | 1.56 | 1.16 | 1.45 |
| Inventory turnover | 11.04 | 11.51 | 10.35 | 9.61 | 8.53 | 6.60 | 9.00 |
| Debtors turnover | 5.53 | 5.72 | 5.60 | 6.12 | 5.51 | 4.61 | 5.61 |
| EPS (βΉ) | 6.04 | 57.57 | 169.78 | 104.61 | 43.20 | 12.52 | 22.26 |
| Dividend per share (βΉ) | 3.50 | 14.50 | 37.50 | 17.00 | 9.00 | 2.50 | 5.50 |
| Book value per share (βΉ) | 334.43 | 359.31 | 1,250.57 | 1,105.66 | 1,021.70 | 986.88 | 954.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 167 | 156 | 143 | 133 | 131 | 119 | 156 | 129 |
| Revenue growth (YoY) | +27.9% | +30.6% | -8.2% | +3.6% | +2.6% | -2.8% | - | - |
| Other income | 0.68 | 1.10 | 0.89 | 1.13 | 1.39 | 1.52 | 1.16 | 0.91 |
| Total expenses | 150 | 139 | 133 | 124 | 120 | 109 | 122 | 116 |
| EBITDA | 16.69 | 16.33 | 9.59 | 9.76 | 10.97 | 10.33 | 33.19 | 13.15 |
| EBITDA margin | +10.0% | +10.5% | +6.7% | +7.3% | +8.4% | +8.7% | +21.3% | +10.2% |
| Depreciation | 4.90 | 4.75 | 4.73 | 4.65 | 4.26 | 3.98 | 3.88 | 3.78 |
| Interest | 4.07 | 3.85 | 4.01 | 3.69 | 3.35 | 3.17 | 3.07 | 2.66 |
| Profit before tax | 8.40 | 8.83 | 1.74 | 2.55 | 4.75 | 4.70 | 27.40 | 7.62 |
| Tax | 2.57 | 4.01 | 1.81 | 0.20 | 1.35 | 1.46 | 6.08 | 1.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 526 | 534 | 462 | 451 | 388 | 280 | 349 |
| Revenue growth | -1.5% | +15.7% | +2.4% | +16.2% | +38.9% | -19.8% | - |
| Other income | 4.94 | 4.25 | 2.34 | 5.31 | 1.14 | 1.82 | 0.67 |
| Total expenses | 485 | 464 | 413 | 426 | 365 | 263 | 330 |
| Employee cost | 59.12 | 59.78 | 53.74 | 52.75 | 57.89 | 48.46 | 60.42 |
| EBITDA | 40.66 | 70.43 | 48.45 | 25.09 | 23.06 | 16.73 | 18.70 |
| EBITDA margin | +7.7% | +13.2% | +10.5% | +5.6% | +5.9% | +6.0% | +5.4% |
| Depreciation | 17.62 | 14.92 | 12.00 | 12.38 | 12.27 | 12.53 | 13.49 |
| Interest | 14.23 | 9.73 | 7.66 | 6.46 | 4.49 | 5.35 | 8.13 |
| Profit before tax | 13.75 | 50.03 | 31.13 | 11.56 | 7.44 | 0.67 | (2.25) |
| Tax | 4.82 | 12.17 | 7.42 | 1.33 | 1.67 | (0.96) | (5.25) |
| Net profit | 10.63 | 38.44 | 25.62 | 9.83 | 6.33 | 0.68 | 3.00 |
| Net profit margin | +2.0% | +7.2% | +5.6% | +2.2% | +1.6% | +0.2% | +0.9% |
| EPS (βΉ) | 16.74 | 70.99 | 177.84 | 76.71 | 43.39 | 12.27 | 22.49 |
| 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 | 5.33 | 5.33 | 1.33 | 1.33 | 1.33 | 1.33 | 1.33 |
| Reserves & surplus | 187 | 195 | 167 | 146 | 139 | 134 | 130 |
| Shareholders' funds (net worth) | 193 | 200 | 168 | 148 | 140 | 136 | 131 |
| Secured loans | 200 | 137 | 109 | 84.40 | 99.08 | 70.80 | 84.72 |
| Unsecured loans | 1.11 | 0.58 | 0.62 | 0.86 | 1.05 | 0.97 | 0.83 |
| Total debt | 201 | 137 | 110 | 85.26 | 100 | 71.77 | 85.55 |
| Total liabilities | 397 | 342 | 281 | 235 | 243 | 208 | 218 |
| Assets | |||||||
| Gross block | 395 | 336 | 304 | 247 | 273 | 251 | 256 |
| Net block | 215 | 171 | 147 | 101 | 120 | 108 | 120 |
| Capital work in progress | 5.93 | 27.17 | 1.05 | 5.35 | 0.14 | 1.93 | 1.65 |
| Investments | 26.40 | 8.52 | 7.04 | 20.90 | 22.92 | 7.78 | 8.43 |
| Inventories | 48.65 | 49.94 | 47.94 | 45.55 | 53.13 | 43.22 | 46.16 |
| Sundry debtors | 115 | 102 | 106 | 71.27 | 85.57 | 63.45 | 64.97 |
| Cash & bank balances | 0.56 | 1.26 | 0.16 | 0.55 | 0.41 | 13.80 | 8.43 |
| Loans & advances | 47.91 | 42.01 | 23.24 | 28.75 | 13.96 | 11.31 | 20.44 |
| Total current assets | 212 | 196 | 177 | 146 | 153 | 132 | 140 |
| Total current liabilities | 59.71 | 54.84 | 47.43 | 36.58 | 43.79 | 28.81 | 39.36 |
| Net working capital | 152 | 141 | 130 | 110 | 109 | 103 | 101 |
| Total assets | 397 | 342 | 281 | 235 | 243 | 208 | 218 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.12 | 0.07 | 0.46 | 0.27 | 13.71 | 8.24 | 4.36 |
| Net cash from operating activities | 29.08 | 47.89 | 28.72 | 25.87 | 1.83 | 24.75 | 7.50 |
| Net cash from investing activities | (58.98) | (59.34) | (43.64) | (2.92) | (38.34) | 0.79 | (11.63) |
| Net cash from financing activities | 29.19 | 12.51 | 14.53 | (22.76) | 23.08 | (20.07) | 8.00 |
| Net change in cash | (0.71) | 1.05 | (0.39) | 0.19 | (13.43) | 5.47 | 3.87 |
| Closing cash | 0.56 | 1.26 | 0.16 | 0.55 | 0.41 | 13.80 | 8.43 |
| 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 | -1.5% | +15.7% | +2.4% | +16.2% | +38.9% | -19.8% | - |
| EBITDA growth | -42.3% | +45.4% | +93.1% | +8.8% | +37.8% | -10.5% | - |
| PBT growth | -72.5% | +60.7% | +169.3% | +55.4% | +1010.5% | +9998.0% | - |
| Net income growth | -72.4% | +50.0% | +160.6% | +55.3% | +830.9% | -77.3% | - |
| Revenue CAGR (3Y) | +5.3% | +11.2% | +18.2% | +9.0% | +2.8% | -2.3% | +4.8% |
| EBITDA CAGR (3Y) | +17.5% | +45.1% | +42.5% | +10.3% | -2.6% | -4.2% | -11.2% |
| Profitability & leverage | |||||||
| Net income margin | +1.7% | +7.1% | +5.1% | +2.3% | +1.5% | +0.6% | +0.9% |
| Return on capital employed | +8.2% | +19.2% | +15.0% | +7.6% | +5.7% | +2.3% | +2.8% |
| Return on net worth | +5.4% | +20.6% | +15.0% | +7.1% | +4.6% | +0.5% | +2.3% |
| Debt / equity | 0.86 | 0.67 | 0.62 | 0.64 | 0.62 | 0.59 | 0.56 |
| Long-term debt / equity | 0.30 | 0.14 | 0.10 | 0.11 | 0.10 | 0.07 | 0.05 |
| Interest cover | 61.76 | 17.53 | 21.02 | 50.83 | 41.61 | 127.38 | 156.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.56 | 1.78 | 1.79 | 1.84 | 1.57 | 1.17 | 1.47 |
| Inventory turnover | 11.57 | 11.68 | 10.58 | 9.72 | 8.54 | 6.64 | 9.09 |
| Debtors turnover | 5.26 | 5.49 | 5.58 | 6.12 | 5.52 | 4.62 | 5.63 |
| EPS (βΉ) | 16.74 | 70.99 | 177.84 | 76.71 | 43.39 | 12.27 | 22.49 |
| Dividend per share (βΉ) | 3.50 | 14.50 | 37.50 | 17.00 | 9.00 | 2.50 | 5.50 |
| Book value per share (βΉ) | 361.28 | 375.46 | 1,261.46 | 1,108.50 | 1,051.80 | 1,016.94 | 984.38 |
Competitors of GRP
GRP has 3 listed competitors in our database. They include Innova Rubbers, Fores Group and Sankar Elastomers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| innovarubbers.com | 1968 | Nashik, India | 335 | Manufactures and supplies rubber moulded parts to tier-1 clients. | ||
| foreselastomech.com | 2007 | Aurangabad, India | 186 | Manufactures technical rubber components for automotive and other industries globally. | ||
| elastomersindia.com | 1990 | Chennai, India | 29 | Manufactures and supplies rubber products to OEMs with reliable quality. |
Detailed competitors of GRP
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Web traffic of GRP
The website of GRP (grpweb.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 10.7% vs previous month
Websites whose visitors overlap most with GRP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| himadri.com | 100% | 13.2K | #1,766,978 | View details | |
| flsmidth.com | 50% | 11.6K | #1,977,973 | View details | |
| pyrolysis-plastic.com | 32% | View details |
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as GRP (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Grp
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Frequently Asked Questions about GRP
GRP was founded in 1974.
GRP is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
GRP has 416 employees.
The primary company behind GRP, Grp Limited, reported revenue of βΉ538 Cr for FY 2026, down 3% year on year.
GRP Ltd, established in 1974, is engaged in the production of reclaimed rubber from end-of-life tyres, engineering plastics from nylon waste, and other sustainable materials like repurposed polyolefins and polymer composites. The company operates across five business verticals, including Reclaim Rubber and Custom Die Forms, serving the global polymer industry. With seven manufacturing units in India, solutions are provided to enhance sustainability by reducing CO2 emissions and recycling materials for tyre and non-tyre applications. Sectors such as logistics, construction, and agriculture are supported through innovative, cost-effective products.
GRP's top competitors include Fores Group, Innova Rubbers and Sankar Elastomers.
GRP offers Reclaim Rubber, Engineering Plastics, Repurposed Polyolefins, Polymer Composite, and Custom Die Forms.
Yes, GRP is publicly traded on NSE under the ticker symbol GRPLTD.
GRP operates through Grp Limited.
The legal entities of GRP currently have 8 directors, including Saurabh Surendra Shah, Rajendra Vadilal Gandhi, Hemal Harsh Gandhi and others.
