Grovy India Ltd (539522)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Grovy India's revenue was ₹27.5 Cr (+233.3% year on year, +293.4% on the previous quarter), and net profit ₹1.9 Cr (+72.8% year on year); the operating margin was 9.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹27.5 | +233.3% | +293.4% |
| Operating profit | ₹2.7 | +84.1% | +333.4% |
| Net profit | ₹1.9 | +72.8% | +113.6% |
| EPS (₹) | 1.43 | +74.4% | +113.4% |
| Operating margin | 9.8% | — | — |
📢 Recent Corporate Announcements
Grovy India has completed a preferential allotment of 41.69 lakh equity shares, raising approximately Rs 15.01 crore. The issue price of Rs 36 per share represents a significant discount to the current market price of Rs 53.2. This capital infusion is substantial for the company, representing roughly 21% of its current market capitalization and 65% of its existing net worth. The allotment includes participation from both the promoter group (approx 40% of the issue) and 15 public investors.
- Allotment of 41,69,433 equity shares at an issue price of Rs 36 per share
- Total aggregate amount raised is Rs 15,00,99,588 (Rs 15.01 Cr)
- Promoter group subscribed to 16,66,664 shares, roughly 40% of the total allotment
- Post-allotment paid-up equity capital increased to Rs 17.51 Cr (1,75,05,705 shares)
- Fundraise magnitude is approximately 65% of the company's reported net worth of Rs 23 Cr
Grovy India reported a strong sequential recovery in Q1 FY27, with revenue surging 249.40% QoQ to ₹27.58 Cr and PAT rising 114.02% to ₹1.90 Cr. The company is executing a ₹40 Cr capital raising initiative, with ₹15 Cr already in progress via a preferential issue of 41.69 lakh shares. Management has set an aggressive target to scale execution to 20-25 projects annually over the next three years, up from its current base. Additionally, the company has commenced three projects with Golden Growth Fund and aims for an NSE listing within three years.
- Revenue grew 249.40% QoQ to ₹27.58 Cr in Q1 FY27 compared to ₹7.89 Cr in Q4 FY26
- Profit After Tax (PAT) increased 114.02% QoQ to ₹1.90 Cr from ₹0.89 Cr
- Raising ₹15 Cr in July 2026 as part of a total ₹40 Cr fundraise approved by shareholders
- Targeting a 2-3x increase in project development through collaborations like the Golden Growth Fund
- Aims to scale execution to 20-25 projects annually over the next 3 years
Grovy India has filed its unaudited financial results for the quarter ended June 30, 2026, in compliance with SEBI regulations. The company, a small-cap real estate player with a market capitalization of ₹71 Cr, reported a TTM revenue of ₹33 Cr and a PAT of ₹3 Cr prior to this filing. Investors should evaluate these results against the previous year's Q1 (June 2025) performance, which saw revenue of ₹8.25 Cr and a net profit of ₹1.1 Cr. The filing includes the mandatory Limited Review Report from the auditors.
- Submission of unaudited financial results for the quarter ended June 30, 2026
- Compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Includes Limited Review Report for the period ending June 2026
- Company maintains a high promoter holding of 73.0% as of the latest reporting cycle
- TTM revenue stands at ₹33 Cr with an operating profit margin of 7.9%
Grovy India's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, during their meeting on July 23, 2026. The company, a small-cap real estate player with a market capitalization of Rs 71 Cr, reported a TTM revenue of Rs 33 Cr and a TTM PAT of Rs 3 Cr. This filing is a routine regulatory requirement under SEBI Listing Regulations. Investors should monitor the detailed P&L for performance consistency compared to the June 2025 quarter revenue of Rs 8.25 Cr.
- Board meeting held on July 23, 2026, to approve Q1 FY27 unaudited results.
- The meeting commenced at 04:00 P.M. and concluded at 05:30 P.M. (90 minutes duration).
- Company maintains a TTM EPS of Rs 2.17 and a Debt/Equity ratio of 1.08.
- Promoter holding remains stable at 73.0% as of the latest March 2026 filing.
Grovy India Ltd has scheduled its board meeting for July 23, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company, a micro-cap player in the real estate sector with a market cap of ‡65 Cr, reported a TTM revenue of ‡33 Cr. Investors will be monitoring if the company can maintain the momentum from the March 2026 quarter, which saw a net profit of ‡0.89 Cr. The trading window has been closed since July 1, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for July 23, 2026, at 04:00 P.M. to approve Q1 results
- Trading window closed from July 1, 2026, until 48 hours post-announcement
- Company reported TTM revenue of ‡33 Cr and TTM PAT of ‡3 Cr
- Debt-to-equity ratio stands at 1.08 with a total debt of ‡25 Cr
- Promoter holding remains stable at 73.0% as of March 2026
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