Check Before You Invest : GRP Ltd

Q: Which industry/sub-sector does GRP Ltd belong to?

GRP Ltd belongs to the Agriculture & Allied activities sector, operating specifically within the Rubber Products segment.

Q: Is GRP Ltd a good quality company?

GRP Ltd is a weak quality company, based on a inconsistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is GRP Ltd undervalued or overvalued?

GRP Ltd appears Overvalued, as its key valuation ratios are higher than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 33.41, Historic Median: 37.03. Price to Book, Current: 5.19, Historic Median: 3.51. Price to Sales, Current: 1.88, Historic Median: 1.24. EV to EBITDA, Current: 17.03, Historic Median: 16.86

Q: Is GRP Ltd a good buy now?

GRP Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of GRP Ltd?

GRP Ltd revenue growth is 15.7% for FY-2025, which is above its 5-year CAGR of 8.91%, indicating faster growth.

Q: Gross Profit margin of GRP Ltd?

GRP Ltd Gross profit margin which is the profit after deduction of direct costs, is 11.4% for FY-2025, which is above its 5-year median of 5%, indicating increasing margins.

Q: Operating Profit Margin of GRP Ltd?

GRP Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 12.62% for FY-2025, which is above its 5-year median of 4.78% indicating increasing margins.

Q: Net Profit Margin of GRP Ltd?

GRP Ltd Net Profit Margin is 7.09% for FY-2025, is above its 5-year median of 2.27%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 11.4, Historic Median: 5. Operating Profit Margin (%), Current: 12.62, Historic Median: 4.78. Net Profit Margin (%), Current: 7.09, Historic Median: 2.27

Q: Return on Asset of GRP Ltd?

GRP Ltd Return on Asset is 9.9%, which is above its 5-year historical median of 3.47%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of GRP Ltd?

GRP Ltd Return on capital employed is 19.47% for FY-2025, which is above its 5-year historical median of 7.65%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Check Before You Invest : GRP Ltd

Snapshot

Q.1 Which industry/sub-sector does GRP Ltd belong to?

GRP Ltd belongs to the Agriculture & Allied activities sector, operating specifically within the Rubber Products segment.

Q.2 Is GRP Ltd a good quality company?

GRP Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is GRP Ltd undervalued or overvalued?

GRP Ltd appears Overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	33.41	37.03
Price to Book	5.19	3.51
Price to Sales	1.88	1.24
EV to EBITDA	17.03	16.86

Q.4 Is GRP Ltd a good buy now?

GRP Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of GRP Ltd?

GRP Ltd revenue growth is 15.7% for FY-2025, which is above its 5-year CAGR of 8.91%, indicating faster growth.

Q.2 Gross Profit margin of GRP Ltd?

GRP Ltd Gross profit margin which is the profit after deduction of direct costs, is 11.4% for FY-2025, which is above its 5-year median of 5%, indicating increasing margins.

Q.3 Operating Profit Margin of GRP Ltd?

GRP Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 12.62% for FY-2025, which is above its 5-year median of 4.78% indicating increasing margins.

Q.4 Net Profit Margin of GRP Ltd?

GRP Ltd Net Profit Margin is 7.09% for FY-2025, is above its 5-year median of 2.27%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	11.4	5
Operating Profit Margin (%)	12.62	4.78
Net Profit Margin (%)	7.09	2.27

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of GRP Ltd?

GRP Ltd Return on Asset is 9.9%, which is above its 5-year historical median of 3.47%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of GRP Ltd?

GRP Ltd Return on capital employed is 19.47% for FY-2025, which is above its 5-year historical median of 7.65%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of GRP Ltd?

GRP Ltd Return on equity is 20.58% for FY-2025, which is above its 5-year historical median of 7.1%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of GRP Ltd?

GRP Ltd Cash conversion cycle is 77 days, below its 5-year historical median of 82 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	1.49	1.49
ROE (%)	20.58	7.1
ROCE (%)	19.47	7.65
Cash Conversion Cycle	77 days	82 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of GRP Ltd?

GRP Ltd Debt-to-Equity ratio is 0.68, which is above the industry average of 0.44, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of GRP Ltd?

GRP Ltd Debt to cash flow from operations is 2.85, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of GRP Ltd?

Q.1 Promoter shareholding and pledge status of GRP Ltd?

Promoters hold 40.06% of the GRP Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does GRP Ltd performance compare with that of its Peers?

Q.1 Revenue growth of GRP Ltd vs industry peers?

GRP Ltd revenue CAGR is 8.91%, compared to the industry median CAGR of 8.96%, indicating stable growth and maintaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	15.7	9
Gross Profit Growth (%)	41.3	18.5
Operating Profit Growth (%)	43.5	13.1
Net Profit Growth (%)	58.3	20.1

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	1.49	1.31
ROE (%)	20.58	5.31
ROCE (%)	19.47	7.92
Cash Conversion Cycle (days)	77	76

Valuation & price assessment

Q.1 Stock return of GRP Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 20.9% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	20.9%	52.1%	29.5%	-30.9%

Q.2 Valuation ratios of GRP Ltd vs historical?

The current P/E ratio of 33.41 is lower than its historical median of 37.03, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	33.41	37.03	25.04
Price to Book	5.19	3.51	2.69
Price to Sales	1.88	1.24	1.31
EV to EBITDA	17.03	16.86	13.74

Check more companies

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7. Gayatri Rubbers

8. Elgi Rubber Co.

9. Indag Rubber

10. Ameenji Rubber

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2. Whirlpool Of India Ltd.

3. NTPC Green Energy Ltd.

4. Biocon Ltd.

5. Star Health and Allied Insurance Company Ltd.

Check Before You Invest : GRP Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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