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GRP Ltd (GRPLTD)

₹15154.60.12%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹14,600
    ₹15,500
  • 52 Week's Low

    52 Week's High

    ₹3,375
    ₹16,744
1 Month Return+ 48.02 %
3 Month Return+ 131.02 %
1 Year Return+ 332.29 %
Previous Close₹15,135.80
Open₹15,325.00
Volume929.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,013.06Cr

Key Statistics

P/E Ratio89.15
PEG Ratio1.37
Market Cap₹2,013.06 Cr
P/B Ratio5.15
EPS169.78

Company Information

Gujarat Reclaim and Rubber Products Ltd. is known for producing reclaim rubber from scrap tyres, tread peelings, natural rubber tubes, butyl tubes, and moulded rubber products for both tyre and non-tyre rubber products. Established in 1974, their first production unit with a capacity of 2400 MT began operation in 1978 in Ankleshwar, India. By 1997, the company produced 12000 MT of reclaim rubber each year and received their first Export House status from the Government of India in 2004, along with ISO 9002 Certification for their Ankleshwar plant. Over the years, the company has steadily increased their production capacity, reaching 41000 MT of reclaim rubber each year in 2008 to meet fresh and existing customer demands. In 2009 and 2010, production of Thermo-Plastic Elastomers increased from 896 MT to 1200 MT and included the installation of a 600 KWH windmill in Gujarat. Overall, Gujarat Reclaim and Rubber Products Ltd. continuously updates and implements quality policies, procedures, and standards to provide customers with the best quality reclaim rubber products.

Share Price: ₹15154.60 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,013.06Cr as of today
Revenue: ₹137.94Cr as on March 2024 (Q1 24)
Net Profit: ₹11.67Cr as on March 2024 (Q1 24)
Listing date: 12 Feb, 2015
Chairperson Name: Rajendra V Gandhi
OrganisationGRP Ltd
HeadquartersMumbai
IndustryPlantation & Plantation Products
E-voting on sharesClick here to vote

Key events for GRP Ltd

  • GRP Ltd Shares Surge 20% on Bonus Share Announcement - 01 Jul, 2024

    Shares of GRP Ltd surged by 20% after the board announced a bonus share issue in the ratio of 3:1. The company's financials show significant growth, with revenue increasing by 25% and net profits magnifying by 200%. The company is preparing for capacity expansion in crumb rubber and exploring opportunities within various recycling sectors governed by EPR.

  • GRP Ltd's Returns on Capital Increase to 19% - 28 Jun, 2024

    GRP Ltd has seen a substantial increase in returns on capital over the last five years, reaching 19%. However, current liabilities remain high at 40% of total assets, which introduces some risk. Further research is recommended to determine if these trends will continue.

  • GRP Ltd Shares Continue to Gain Momentum - 07 Jun, 2024

    Shares of GRP Limited have gained 40% in the last month and 146% in the last year. The company's revenue trajectory is more attractive than the industry's one-year growth forecast of 10%, leading to a high P/S ratio. Investors are optimistic about the company's future growth.

Insights on GRP Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 4.31 Cr → 11.67 Cr (in ₹), with an average increase of 63.1% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 59.64% to 59.69% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, GRPLTD stock has moved up by 5.2%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, GRPLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 110.17 Cr → 138.12 Cr (in ₹), with an average increase of 20.2% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, GRPLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 40.36% to 40.30% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹137.94Cr
↑25.75%
Net Income
₹11.67Cr
↑170.77%
Net Profit Margin
8.46%
↑115.27%
2024Y/Y Change
Revenue
₹461.38Cr
↑2.30%
Net Income
₹22.64Cr
↑62.29%
Net Profit Margin
4.91%
↑58.90%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹340.77Cr
↑19.44%
Total Liabilities
₹172.58Cr
↑25.50%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹28.72Cr
↑11.02%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
40.3%
-0.13
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
59.69%
0.08
Others
0%
0.00

Key Indicators

GRP Ltd Valuation

GRP Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-28.04x)

January 7, 2021

Today (89.15x)

July 23, 2024

Industry (110.61x)

July 23, 2024

Highest (93.16x)

July 2, 2024

LowHigh

Earnings and Dividends

  • GRP Ltd Earnings Results

    GRP Ltd’s net profit jumped 324.36% since last year same period to ₹11.67Cr in the Q4 2023-2024. On a quarterly growth basis, GRP Ltd has generated 170.77% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • GRP Ltd Dividends May,2024

    In the quarter ending March 2024, GRP Ltd has declared dividend of ₹37.50 - translating a dividend yield of 0.36%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

GRP Ltd is currently in a Bullish trading position according to technical analysis indicators.

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GRP Ltd (GRPLTD) share price today is ₹15154.6

GRP Ltd is listed on NSE

GRP Ltd is listed on BSE

  • Today’s highest price of GRP Ltd is ₹15500.
  • Today’s lowest price of GRP Ltd is ₹14600.

PE Ratio of GRP Ltd is 89.15

PE ratio = GRP Ltd Market price per share / GRP Ltd Earnings per share

Today’s traded volume of GRP Ltd(GRPLTD) is 929.00.

Today’s market capitalisation of GRP Ltd(GRPLTD) is ₹2013.06Cr.

GRP Ltd(GRPLTDPrice
52 Week High
₹16744
52 Week Low
₹3375

GRP Ltd(GRPLTD) share price is ₹15154.6. It is down -9.49% from its 52 Week High price of ₹16744

GRP Ltd(GRPLTD) share price is ₹15154.6. It is up 349.03% from its 52 Week Low price of ₹3375

GRP Ltd(GRPLTDReturns
1 Day Returns
18.8%
1 Month Returns
48.02%
3 Month Returns
131.02%
1 Year Returns
332.29%