GRP Ltd (GRPLTD) — shareholding pattern, promoter holding, financials and share price
About GRP Ltd (GRPLTD)
GRP Ltd operates in the Rubber industry, within the Capital Goods sector. It trades on the NSE as GRPLTD and on the BSE under scrip code 509152. Its ISIN is INE137I01015.
GRP Ltd, established in 1974, is a manufacturer of reclaimed rubber from used tyres, upscaled polyamide from nylon waste and engineered products die-cut from end-of- life tyres. [1]
GRP Limited is an integrated polymer and tyre-recycling company converting end-of-life tyres and plastics into reclaim rubber, crumb rubber, pyrolysis products, recovered carbon black and engineering plastics, operating across five verticals with manufacturing at multiple Indian sites and exports to 55+ countries. The business supplies major tyre OEMs and serves both tyre and non-tyre applications globally.
The company is in an active scale-up phase: management disclosed up to Rs.250 crore capex (Phase 1: Rs.150 crore) to expand crumb, pyrolysis and plastic recycling capabilities, with Rs.76 crore already spent and partial funding via a PROPARCO ECB. This capex materially changes GRP’s downstream product exposure and future revenue mix as plants ramp to commercialization.
Listed peers in Rubber: Tinna Rubber & Infrastructure Ltd, Rubfila International Ltd, Harrisons Malayalam Ltd, Gayatri Rubbers and Chemicals Ltd, Ameenji Rubber Ltd.
Valuation & Returns
10 Jul 2026At ₹1,907.01 a share on 10 Jul 2026, GRP Ltd (GRPLTD) was valued at a price-to-earnings ratio of 315.86x against an industry P/E of 37x and a price-to-book of 5.7x on a book value of ₹334.43 per share as of Mar 2026. Solomo computes return on equity of 1.81% and return on capital employed of 5.92% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 315.86x
- Industry P/E
- 37x
- P/B
- 5.7x
- EPS (TTM)
- ₹6.04
- Book value / share
- ₹334.43
- ROE
- 1.81%
- ROCE
- 5.92%
- ROA
- 0.7%
- Debt / equity
- 1.16x
- Dividend yield
- 0.76%
- EBITDA margin
- 7.14%
- 52-week range
- ₹1,500 – ₹2,663.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, GRP Ltd (GRPLTD) reported revenue of ₹535 crore, net profit of ₹3 crore and earnings per share of ₹6.04. That compares with revenue of ₹550 crore and net profit of ₹31 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹144.52 crore and net profit ₹-1.34 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 388 | 451 | 461 | 550 | 535 |
| Net profit (₹ cr) | 6 | 14 | 23 | 31 | 3 |
| EPS (₹) | 10.87 | 26.32 | 42.72 | 57.56 | 6.04 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 6.82% | 13.98% | 5.95% | -2.75% |
| Profit growth | 0.82% | 40.39% | -4.44% | -89.51% |
| Stock price CAGR | 21% | 51% | 25% | -27% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 40.05% of GRP Ltd (GRPLTD) (down 0.01 pp QoQ), foreign institutional investors (FII) hold 0.02% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹1,017 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: MEERA PHILIP 6.12%, KOUSHIK SEKHAR 3.91%, MITEN MEHTA 2.78%, KAVITA PHILIP 2.54%, MEENAKSHI MERCANTILES LTD 2.12%, GRP Limited 1.77%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 40.05% | - | 0.02% | 0% | 59.95% |
| Mar 2026 | 40.06% | - | 0.05% | 0% | 59.94% |
| Dec 2025 | 40.06% | - | 0.02% | 0% | 59.94% |
| Sep 2025 | 40.06% | - | 0.02% | 0% | 59.94% |
| Jun 2025 | 40.06% | - | 0.03% | 0.38% | 59.94% |
| Mar 2025 | 40.06% | - | 0.05% | 0.38% | 59.94% |
| Dec 2024 | 40.19% | - | 0.01% | 0.38% | 59.81% |
| Sep 2024 | 40.3% | - | 0.05% | 0% | 59.7% |