GRM Overseas Ltd. (GRMOVER) AI Stock Analysis

• Market Cap: ₹26.10B
• Dividend Yield: N/A
• Average Volume (3M): 27.46K
• Price to Earnings (P/E): 41.2
• Beta (1Y): 0.93
• Revenue Growth: -4.20%
• EPS Growth: 0.95%
• Country: IN
• Employees: 186
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 3.11
• Shares Outstanding: 61,352,000
• 10 Day Avg. Volume: 38,164
• 30 Day Avg. Volume: 27,462
• PEG Ratio: 19.68
• Price to Book (P/B): 3.98
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 43.39
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ₹445.00 ▼(-0.40% Downside)

GRM Overseas Ltd. scores moderately due to strong financial performance and bullish technical indicators. However, the high P/E ratio and lack of dividend yield suggest overvaluation, which tempers the overall attractiveness of the stock.

GRM Overseas Ltd. Business Overview & Revenue Model

Company Description

GRM Overseas Ltd. (GRMOVER) is a leading player in the agricultural and food processing sectors, primarily focusing on the export of rice and other food products. The company is engaged in the sourcing, processing, and distribution of various agro-based commodities. GRM Overseas is known for its commitment to quality and sustainability, providing high-quality products to both domestic and international markets.

How the Company Makes Money

GRM Overseas Ltd. generates revenue primarily through the export of rice and other food products. Its revenue model is centered around bulk sales to wholesalers, distributors, and retailers both domestically and internationally. Key revenue streams include the sale of different types of rice, including basmati and non-basmati varieties, as well as other agro-based products like pulses and grains. The company also benefits from strategic partnerships with suppliers and distributors, which enhance its distribution network and market reach. Additionally, fluctuations in global commodity prices, trade agreements, and demand for organic and high-quality food products play significant roles in influencing its earnings.

GRM Overseas Ltd. Financial Statement Overview

Summary

GRM Overseas Ltd. demonstrates strong revenue growth and profitability with efficient cost management. However, fluctuating cash flows and declining operational margins are concerns that may impact future stability and growth.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.05B	13.48B	13.12B	13.79B	11.34B	7.70B
Gross Profit	2.17B	2.09B	1.85B	2.43B	2.16B	1.94B
EBITDA	1.09B	1.06B	1.05B	1.11B	1.30B	734.58M
Net Income	623.04M	612.36M	597.81M	628.62M	838.39M	452.24M
Balance Sheet
Total Assets	0.00	9.11B	7.70B	7.84B	6.67B	4.15B
Cash, Cash Equivalents and Short-Term Investments	534.03M	534.03M	100.94M	82.56M	78.04M	49.75M
Total Debt	0.00	3.64B	3.93B	4.13B	3.38B	2.01B
Total Liabilities	-4.28B	4.82B	4.38B	5.09B	4.60B	2.80B
Stockholders Equity	4.28B	4.26B	3.31B	2.74B	2.06B	1.35B
Cash Flow
Free Cash Flow	0.00	390.42M	449.32M	-939.23M	-1.20B	341.44M
Operating Cash Flow	0.00	465.57M	471.25M	-887.13M	-1.16B	352.01M
Investing Cash Flow	0.00	-87.60M	-43.39M	-47.58M	-59.75M	-8.59M
Financing Cash Flow	0.00	50.70M	-393.73M	889.98M	1.25B	-329.68M

GRM Overseas Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 446.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 446.8 is above the 20-day moving average (MA) of 413.43, above the 50-day MA of 383.76, and above the 200-day MA of 324.79, indicating a bullish trend. The MACD of 15.68 indicates Negative momentum. The RSI at 76.34 is Negative, neither overbought nor oversold. The STOCH value of 85.30 is Negative, 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	72 Outperform	₹13.51B	13.26	―	0.92%	-1.06%	-4.31%
LTFOODS	71 Outperform	₹141.85B	22.30	―	0.74%	18.77%	5.76%
PARAGMILK	70 Outperform	₹37.62B	31.59	―	0.31%	12.04%	22.26%
GRMOVER	64 Neutral	₹26.10B	41.24	―	―	-4.20%	0.95%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SARVESHWAR	54 Neutral	₹6.23B	16.96	―	―	31.65%	-2.86%

GRM Overseas Ltd. Corporate Events

GRM Overseas Reports No Activity in Physical Share Transfers

GRM Overseas Limited has reported to the Bombay Stock Exchange and the National Stock Exchange of India regarding the status of transfer requests for physical shares re-lodged under a special window as per a SEBI circular. The company confirmed that no requests were received, processed, approved, or rejected during the period from September 1 to September 30, 2025, indicating no activity in this area for the specified timeframe.

GRM Overseas Expands ’10X’ Brand in Saudi Arabia Through Strategic Partnership

GRM Overseas Limited has entered into a strategic partnership with Seven Star Company Limited to distribute its flagship basmati rice brand ’10X’ across Saudi Arabia. This collaboration is a significant step in GRM’s strategy to enhance its presence in international markets, particularly in the Middle East, leveraging Seven Star’s robust distribution network to reach a broader consumer base.

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.