Inve India ▾

GRP share price & results

GRP· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Gujarat-origin integrated polymer-recycling company turning end-of-life tyres, plastics and industrial waste into reclaim rubber, crumb rubber, tyre pyrolysis oil/rCB, engineering plastics and custom die-formed rubber parts.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue156 ₹ crore+30.6% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin10.5 %+1.8 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit4.8 ₹ crore+48.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity3.62 %−15.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.93 %+0.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)3.73 %−22.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 5 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

GRP management guidance track record on Inve: 21 targets tracked across analysed earnings calls (1 achieved, 4 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
Renewable Energy SourcingInternal target to take up our energy from renewable sources to closer to 50%.
Call transcript, Q4 FY25 · 12 May 2025		Q4 FY25Q1 FY27:Reached 48% in FY26. Management states target of 50% will be reached in FY27, well ahead of the original FY28 timeline.
Call transcript, Q1 FY27 · 27 Jul 2026		Achieved
H2 FY26 EBITDA MarginEBITDA level improvement anywhere between 200 to 250 basis points for H2.
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q1 FY27:No new update; target period has passed.
Call transcript, Q1 FY27 · 27 Jul 2026		Missed
Recovered Carbon Black (RCB) PlantSet up and commissioned by Q4 of this fiscal (FY26).
Call transcript, Q4 FY25 · 12 May 2025		Q4 FY25Q1 FY27:Timeline accelerated. Commissioning now expected by October 2026, ahead of the previous Feb 2027 estimate.
Call transcript, Q1 FY27 · 27 Jul 2026		Revised Up

Source: Inve Guidance Tracker for GRP · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of GRP's 21 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 18 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹1,749.9 +0.30% · +₹5.3

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −18.1% 1Y

₹1.6k₹1.8k₹2.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 18 May 2026Q1 FY27 — 27 Jul 2026

1Y: ₹2,137.1 on 24 Oct 2025 → ₹1,749.9. High ₹2,137.1 (24 Oct 2025), low ₹1,542.4 (19 May 2026).

Previous close
₹1,744.6
Market cap
₹930 Cr
52-week range
₹1,542.4 – ₹2,127.3
One year
−17.74%
Price to earnings (TTM to Jun 2026)
139.43×
Return on equity (TTM to Jun 2026)
3.62%

Overview

Symbol
NSE:GRPLTD
Industry
Industrials
Exchange
NSE
Currency
INR

What GRP does

Based on the company's own presentations, annual report and earnings calls.

GRP processes end-of-life tyres, tubes, tyre cord, fishnet and post-industrial rubber/textile waste into reclaim rubber and crumb rubber, and (via its Pyrova Energy platform) into tyre pyrolysis oil (TPO), recovered carbon black (rCB) and recovered steel wire, sold to tyre makers, rubber-product manufacturers and industrial customers. It also manufactures custom die-formed rubber components, engineering plastics (Polyamide 6 compounds) and repurposed polyolefin (ICPP) compounds for automotive and industrial applications. Manufacturing is spread across plants in Gujarat and Maharashtra, with raw material sourced through a wide vendor network across Indian states and import markets, and finished products sold both domestically and exported to global tyre and rubber-product makers.

Segments

  • Reclaim Rubber
  • Crumb Rubber & Tyre Pyrolysis (branded 'Pyrova Energy')
  • Engineering Plastics
  • Custom Die Forms
  • Repurposed Polyolefins
  • Polymer Composite
Manufacturing locations
5 plants (Ankleshwar, Panoli, Solapur, Indore, Dahej) across Gujarat & Maharashtra
Total installed capacity
1,22,000+ MTPA across Reclaim Rubber, Crumb Rubber, Engineering Plastics, Repurposed Polyolefins and Custom Die Forms
Reclaim Rubber capacity
75,600 MTA
Crumb Rubber capacity
31,875 MTA
Engineering Plastics capacity
6,000 MTA
Employees
900+
Founded 1974Headquarters Mumbai, Maharashtra Company website

How the price took the results

close before → close after

Q1 FY27
+0.7%
27 Jul
Q4 FY26
−11.5%
18 May
Q3 FY26
−0.4%
13 Feb
Q2 FY26
−1.9%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for GRP

Free account: one company. Everything above stays public.

Write why you follow GRP and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Capital Goods companies

All Capital Goods companies → · Capital Goods earnings growth →

Learn to analyse GRP

Guides on how to read this kind of business and the numbers that matter.