GRM Overseas Ltd. (GRMOVER) AI Stock Analysis

• Market Cap: ₹22.17B
• Dividend Yield: N/A
• Average Volume (3M): 62.17K
• Price to Earnings (P/E): 35.0
• Beta (1Y): 0.90
• Revenue Growth: -4.20%
• EPS Growth: 0.95%
• Country: IN
• Employees: 186
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Packaged Foods
• EPS (TTM): 3.11
• Shares Outstanding: 61,352,000
• 10 Day Avg. Volume: 35,419
• 30 Day Avg. Volume: 62,170
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹378.00
• Price Target Upside: 4.62% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 62 Neutral
• Price Target: ₹378.00 ▲(4.62% Upside)

The overall score reflects strong financial performance with revenue growth and profitability. However, technical indicators suggest bearish momentum, and the stock's high P/E ratio indicates overvaluation. The absence of earnings call data and corporate events limits additional insights.

GRM Overseas Ltd. Business Overview & Revenue Model

Company Description

GRM Overseas Limited primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India and internationally. The company also offers spices; and chakki fresh atta under the Shakti brand. It exports its products to 35 countries, including the Middle East, the United Kingdom, and Europe. It markets its products under 10X, 7 Express, Tanoush, and Himalaya brands. The company was founded in 1978 and is based in Panipat, India.

How the Company Makes Money

GRM Overseas Ltd. generates revenue primarily through the production, processing, and sale of basmati rice. The company sources raw paddy from local farmers, processes it in their state-of-the-art facilities, and then exports the finished product to various countries. Key revenue streams include domestic sales within India and international exports, which form a significant portion of their income. The company's strategic partnerships with distributors and retailers across different geographies also play a crucial role in expanding its market reach and enhancing its sales volume. Additionally, GRM Overseas benefits from its brand reputation and commitment to quality, which help in maintaining strong customer loyalty and a competitive edge in the industry.

GRM Overseas Ltd. Financial Statement Overview

Summary

GRM Overseas Ltd. demonstrates consistent revenue growth and strong profitability with efficient cost management. The balance sheet reflects moderate leverage and effective equity utilization. However, concerns arise due to fluctuating cash flows and declining operational margins, which may impact future stability.

Income Statement

GRM Overseas Ltd. has shown consistent revenue growth, with a Revenue Growth Rate of 2.73% in 2025. The company maintains a solid Gross Profit Margin of 15.49% and a Net Profit Margin of 4.54% in 2025, indicating efficient cost management and profitability. However, declining EBIT and EBITDA margins suggest potential challenges in operational efficiency.

Balance Sheet

The company has a moderate Debt-to-Equity Ratio of 0.86, reflecting a balanced approach to leverage. The Return on Equity is 14.38%, demonstrating effective use of equity to generate profits. However, the Equity Ratio of 46.73% indicates a lower reliance on equity financing, which could pose risks in volatile markets.

Cash Flow

GRM Overseas Ltd. has seen fluctuations in free cash flow, with a decline of 13.10% in 2025. The Operating Cash Flow to Net Income Ratio is 0.76, showing a reasonable ability to convert income into cash. Nonetheless, the significant variability in cash flows highlights potential liquidity concerns.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.63B	13.48B	13.79B	13.12B	11.10B	7.91B
Gross Profit	2.07B	2.09B	2.43B	1.85B	2.16B	1.94B
EBITDA	1.01B	1.06B	1.11B	1.05B	1.30B	734.58M
Net Income	619.25M	612.36M	628.62M	597.81M	838.39M	452.24M
Balance Sheet
Total Assets	0.00	9.11B	7.84B	7.70B	6.67B	4.15B
Cash, Cash Equivalents and Short-Term Investments	146.35M	534.03M	82.56M	100.94M	78.04M	49.75M
Total Debt	0.00	3.64B	4.13B	3.93B	3.38B	1.88B
Total Liabilities	-3.93B	4.82B	5.09B	4.38B	4.60B	2.80B
Stockholders Equity	3.93B	4.26B	2.74B	3.31B	2.06B	1.35B
Cash Flow
Free Cash Flow	0.00	390.42M	-939.23M	449.32M	-1.20B	341.44M
Operating Cash Flow	0.00	465.57M	-887.13M	471.25M	-1.16B	352.01M
Investing Cash Flow	0.00	-87.60M	-47.58M	-43.39M	-59.75M	-8.59M
Financing Cash Flow	0.00	50.70M	889.98M	-393.73M	1.25B	-329.68M

GRM Overseas Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 361.30
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GRMOVER, the sentiment is Positive. The current price of 361.3 is above the 20-day moving average (MA) of 359.24, below the 50-day MA of 366.27, and above the 200-day MA of 297.26, indicating a neutral trend. The MACD of -1.44 indicates Negative momentum. The RSI at 50.13 is Neutral, neither overbought nor oversold. The STOCH value of 73.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GRMOVER.

GRM Overseas Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLSEL	70 Outperform	13.23B	12.98	14.03%	0.94%	-1.06%	-4.31%
LTFOODS	65 Neutral	144.28B	23.25	15.71%	0.72%	12.52%	1.90%
GRMOVER	62 Neutral	₹22.17B	35.03	―	―	-4.20%	0.95%
PARAGMILK	62 Neutral	32.13B	26.98	11.61%	0.37%	12.04%	22.26%
SARVESHWAR	53 Neutral	7.53B	20.51	8.84%	―	31.65%	-2.86%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%

GRM Overseas Ltd. Corporate Events

GRM Overseas Ltd. Expands with New UAE Subsidiary

GRM Overseas Ltd. has announced the formation of a wholly owned subsidiary in the United Arab Emirates, which will serve as a distribution and marketing hub for the company. This strategic move is aimed at enhancing GRM’s reach in the UAE and nearby international markets, potentially strengthening its market position and expanding its customer base.

GRM Overseas Reports Strong Q1FY26 Results Amid Global Challenges

GRM Overseas Limited reported positive financial results for the quarter ended June 30, 2025, with a total revenue of Rs. 334.4 Crores and a PAT of Rs. 19.1 Crores. Despite global geopolitical challenges affecting topline growth, the company maintained strong margins and profitability. GRM is expanding its international footprint by setting up a subsidiary in Dubai and increasing its branded rice supply to twelve countries. The company is also focusing on diversifying its product offerings and strengthening its distribution network to drive sustainable growth.