Announcement
Announcement under Regulation 30 (LODR)-Updates on Acquisition 12 Aug - GRP invested Rs. 2.60 crore in BECIS Solar 5, holding 26.43% for 8 MW captive solar project.
Source: Bse
GRP Limited (GRPLTD)
Small CapIndustrials stocks · Small cap · NSE
GRP Limited operates in Rubber Recycling, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹1,756
-45.70 · -2.54%
Market cap ₹997 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result24 Jul, 12:40 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
36BearishSMA20 -6.7% / mo · MACD −
Stock trend: 29
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GRPLTDD candles · FIT view-9.2%Latest close ₹1756.00 on 2026-10-21
Bar
-2.5%
RSI
38
MACD hist
-3.49
52W pos
34%
2026-10-21O ₹1801.70H ₹1824.00L ₹1750.00C ₹1756.00Vol 6,014 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GRPLTDNifty India ManufacturingNifty 500
- GRPLTD
- -9.8%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- -3.3 pp
Chart stats
21 Oct 2026- From 52W high
- -23.7%
- 52W range position
- 32%
- ATR (14)
- 4.7%
- Volume vs 20D
- 2.95x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹1,643.5 - ₹2,019
₹2,300.1
₹1,500 - ₹2,300.1
₹82.6
Latest completed session
20-session average
41.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED26
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +26.7% · PAT +140.0% YoY
Technical
Bearish36
Price trend and sector-relative-strength timing.
Valuation
Legacy model-319.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence56
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +27% YoY · PAT +140% YoY · margin expansion · +9% QoQ · operating leverage
Filed 23 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹156.8 Cr | +26.7% | +8.5% |
| EBITDA | ₹16.9 Cr | +70.2% | +89.2% |
| Operating margin | 10.8% | +276 bps | +460 bps |
| PAT | ₹4.2 Cr | +140.0% | NDF |
| PAT margin | 2.7% | +127 bps | +361 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 146.00
- P/B
- 5.60
- EV/EBITDA
- 18.26
- Market Cap
- 997.00Cr
Profitability
- ROE
- 2.48%
- ROCE
- 6.94%
- ROA
- 1.30%
- Dividend Y
- 0.19%
Growth (CAGR)
- Revenue 5Y
- 14.00%
- EPS 5Y
- 45.00%
- Revenue 3Y
- 6.00%
- EPS 3Y
- -30.00%
Balance Sheet
- Debt/Equity
- 1.17
- Interest Coverage
- 3.13×
- Altman Z
- 4.33
- Book Value
- 334.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- 30.00 Cr
- EPS TTM
- 10.64
Shareholding
- Promoter Hold
- 40.05%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 46%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 157+8.5% vs prev
Net Profit
₹ CrLatest: 4.2+413.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 38.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~7.2% over last month) — short-term momentum negative.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 22% off 52W high · 17% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
49
RS percentile
Stage 1 Base / Transition
1M return
-11.9%
3M return
-9.8%
6M return
-10.8%
1Y return
-12.6%
RS 1D
+2
RS 20D
-4
Sector rank
#2
Industry rank
#3
Stage evidence
- Price is within 7.3% of the 30-week proxy.
- The 30-week proxy changed +0.7% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 84.85-1.62%
RS vs Nifty 50085
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth13/25
Quality0/20
Balance Sheet4/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
26
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
26/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 7/9.
- Growth contributes 13/25 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Fair-value margin of safety is negative at -319.9%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
146.0
PB
5.6
EV/EBITDA
18.3
ROE
2.5%
ROCE
6.9%
FCF Yield
—
Debt/Equity
1.2
MoS
-319.9%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
26
Previous: 26
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-319.9%
Previous: -330.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
26
26
26
26
26
26
26
26
26
26
26
26
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹282.77
-521.0% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹418.15
-319.9% MoS
PEG
3.24
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
LRRPL
SME
Lead Reclaim And Rubber Products Ltd.
Rubber Products
match 73
48
25.6
18.5%
+45%
FAIR VALUE
RUBFILA
Small
Rubfila International Limited
Rubber Products
match 54
40
13.3
8.8%
-152%
WATCHLIST
ELGIRUBCO
Small
Elgi Rubber Company Limited
Rubber Products
match 53
4
—
-67.5%
—
OVERVALUED
TINNARUBR
Small
Tinna Rubber and Infrastructure Limited
Rubber Products
match 53
58
27.2
22.1%
+33%
FAIR VALUE
GRCL
SME
Gayatri Rubbers And Chemicals Ltd.
Rubber Products
match 47
54
61.3
33.1%
-54%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
GRP Limited operates in Rubber Recycling, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
56Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 18th percentile of the scored universe and 14th percentile within Industrials. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
109 docs text-extracted · 31 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
18th percentile
overall median 67 · Industrials: 14th pctile, median 68 · Small: 20th pctile, median 66
Evidence depth
Financial-only
109 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
30
weak · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Debt/equity is 1.17.
- ▸ROCE is low at 6.9%.
- ▸ROE is low at 2.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching GRP Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Jul - GRP Limited schedules Q1 FY27 earnings call on 27 July 2026 at 3:00 p.m. IST.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jul - Copy of Newspaper Publication for the Notice of Annual General Meeting of the Company scheduled to be held on Thursday 23rd July, 2026 at 12:30 …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Jul - Submission of copy of Newspaper Publication with respect to Notice for Transfer of shares to Investor Education and Protection Fund.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 30 Jun
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Jul - Submission of Newspaper Publication of the Unaudited Financial Results for the quarter ended June 30, 2026.
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.