Grameva Ltd (539120)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Grameva's revenue was ₹47.0 Cr (+558.8% year on year, -15.6% on the previous quarter), and net profit ₹0.7 Cr (+3.1% year on year); the operating margin was 2.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹47.0 | +558.8% | -15.6% |
| Operating profit | ₹1.1 | +87.6% | -74.2% |
| Net profit | ₹0.7 | +3.1% | -74.1% |
| EPS (₹) | 1.42 | +2.9% | -74.1% |
| Operating margin | 2.3% | — | — |
📢 Recent Corporate Announcements
Grameva Ltd has approved its Q1 FY27 financial results and secured a significant enhancement in its credit facilities from Axis Bank. The credit limit has been increased from ₹8.00 Crore to ₹18.89 Crore, representing a 136% jump. This additional liquidity of ₹10.89 Crore is substantial for a company with a market cap of ₹40 Crore and a net worth of ₹11 Crore. The move likely supports the company's recent operational scaling, following a massive revenue surge to ₹55.68 Crore in the March 2026 quarter.
- Credit facilities enhanced from ₹8.00 Crore to ₹18.89 Crore via Axis Bank sanction.
- The ₹10.89 Crore increase in credit limit is equivalent to ~99% of the company's current Net Worth (₹11 Cr).
- Board approved unaudited financial results for the quarter ended June 30, 2026.
- Sanction letter for the enhanced facilities was received on July 28, 2026.
- The company's market capitalization stands at ₹40 Crore, making this credit expansion highly material.
Grameva Ltd has approved its Q1 FY27 financial results and a substantial 136% increase in its credit facilities from Rs 8.00 Cr to Rs 18.89 Cr. This additional Rs 10.89 Cr in liquidity is highly material, representing nearly 100% of the company's current net worth (Rs 11 Cr) and 26% of its market capitalization (Rs 42 Cr). The enhancement, sanctioned by Axis Bank, is likely intended to fund working capital for its jute business, which saw revenue double in FY26 to Rs 83 Cr. While this signals growth potential, it will further increase the company's debt-to-equity ratio, which stood at 0.89 as of the last reporting period.
- Credit facilities enhanced by Rs 10.89 Cr, moving from Rs 8.00 Cr to Rs 18.89 Cr
- Sanction for the increased limit received from Axis Bank via letter dated 28.07.2026
- Board approved Unaudited Financial Results for the quarter ended 30.06.2026
- The company's TTM revenue stands at Rs 83 Cr, making the new credit limit ~23% of annual turnover
- Board meeting was conducted efficiently within 50 minutes (12:00 PM to 12:50 PM)
Grameva Ltd has scheduled a board meeting for August 14, 2026, to review and approve its unaudited financial results for the quarter ended June 30, 2026. This follows a highly volatile FY26, where the March 2026 quarter alone contributed ₹55.68 Cr (approx. 67%) to the total annual revenue of ₹82.68 Cr. Investors will be monitoring these results to determine if the recent surge in revenue and profitability is sustainable or a one-off seasonal peak. The company remains a micro-cap with a market capitalization of ₹45 Cr and a debt-to-equity ratio of 0.89.
- Board meeting scheduled for August 14, 2026, to approve June 2026 quarter results
- Company reported a significant revenue jump to ₹55.68 Cr in the preceding March 2026 quarter
- TTM revenue stands at ₹83 Cr against a small market cap of ₹45 Cr
- Promoter holding has remained steady at 33.25% as of June 2026
- Stock has delivered a 207.2% price return over the last 12 months
Grameva Ltd (formerly Bangalore Fort Farms Limited) has appointed M/s. SDP & Associates as its new Statutory Auditors following the resignation of the previous firm. The appointment was approved at the 59th AGM held on August 5, 2026, for a five-year term concluding at the 64th AGM. SDP & Associates is a peer-reviewed firm established in 1993 with a client base of over 200 companies. This administrative change comes as the company reported a significant revenue increase to Rs 82.68 Cr in FY26 from Rs 41.41 Cr in FY25.
- Appointment of M/s. SDP & Associates for a term of 5 consecutive years starting August 5, 2026.
- The new auditor is a peer-reviewed firm established in 1993 with ICAI Firm Registration No. 322176E.
- SDP & Associates manages a diversified client base of over 200 companies across various sectors.
- The appointment fills a casual vacancy caused by the resignation of the previous statutory auditors.
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