GRM Overseas Ltd. (GRMOVER) AI Stock Analysis

• Market Cap: ₹22.13B
• Dividend Yield: N/A
• Average Volume (3M): 64.32K
• Price to Earnings (P/E): 35.9
• Beta (1Y): 1.08
• Revenue Growth: -4.20%
• EPS Growth: 0.92%
• Country: IN
• Employees: 186
• Sector: Consumer Defensive
• Sector Strength: 50
• Industry: Packaged Foods
• EPS (TTM): 3.11
• Shares Outstanding: 60,000,000
• 10 Day Avg. Volume: 137,382
• 30 Day Avg. Volume: 64,318
• 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: ₹423.00
• Price Target Upside: 18.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 62 Neutral
• Price Target: ₹378.00 ▲(5.91% Upside)

The overall stock score is primarily influenced by strong financial performance, despite concerns about operational margins and cash flow variability. Technical analysis indicates a bearish trend, and the stock's high P/E ratio suggests it may be overvalued.

GRM Overseas Ltd. Business Overview & Revenue Model

Company Description

GRM Overseas Ltd. (GRMOVER) is a prominent player in the agro-processing industry, primarily focusing on the production and export of basmati rice. The company operates within the agricultural and food processing sectors, offering a range of rice varieties to meet diverse consumer needs across international markets. With a strong emphasis on quality control and sustainability, GRM Overseas has established itself as a trusted brand in both domestic and global markets.

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: 356.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 356.9 is below the 20-day moving average (MA) of 367.92, below the 50-day MA of 371.50, and above the 200-day MA of 283.65, indicating a neutral trend. The MACD of 0.43 indicates Positive momentum. The RSI at 51.14 is Neutral, neither overbought nor oversold. The STOCH value of 41.10 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	₹14.17B	14.02		0.79%	-1.06%	-4.31%
LTFOODS	63 Neutral	₹150.01B	24.44		0.67%	12.52%	1.89%
Sector *	63 Neutral	$20.42B	14.64	-2.93%	3.11%	2.04%	-6.12%
GRMOVER	62 Neutral	₹22.13B	35.90		―	-4.20%	0.92%
KOHINOOR	―	₹1.28B	0.35		―	―	―
PARAGMILK	62 Neutral	₹27.50B	24.61		0.22%	12.04%	22.28%
SARVESHWAR	55 Neutral	₹9.46B	25.35		―	31.65%	-2.15%