Promoter Atul Garg confirmed that he did not create any encumbrance on the equity shares of GRM Overseas during the financial year 2025-2026. The disclosure, submitted to the stock exchanges on April 7, 2026, confirms that the shares held directly or indirectly by the promoter remain free of any charges or obligations.

The declaration was filed pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance created on their shareholding during a financial year. Garg confirmed that no such encumbrance was made during the period under review.

The filing was addressed to the General Manager of BSE Limited and the Manager of the National Stock Exchange of India Limited. The BSE scrip code for the company is 531449, while the NSE scrip code is GRMOVER.

A copy of the disclosure was also marked to the Chairman of the Audit Committee of GRM Overseas Limited. The company's registered office is located at 128, First Floor, Shiva Market Pitampura, Delhi 110034.

GRM Overseas Limited reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board approved the results during a meeting held on May 29, 2026, at the company's Corporate Office in Village Naultha, Panipat, Haryana. The statutory auditors, Mehra Goel & Co., issued an unmodified opinion on the financial results. The company published the results in newspapers, Financial Express and Jansatta, on June 01, 2026, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated revenue from operations of ₹1,769.2 crore, compared to ₹1,348.2 crore in the previous year. Total income for the year rose to ₹1,805.9 crore from ₹1,374.2 crore in FY25. The net profit for the period stood at ₹76.0 crore, an increase from ₹61.2 crore in the corresponding period last year. EBITDA for the year was ₹127.0 crore, up 20.2% from ₹105.6 crore in FY25, with an EBITDA margin of 7.0%.

In the quarter ended March 31, 2026, revenue from operations was ₹597.2 crore, up from ₹291.4 crore in the same quarter of the previous year. Net profit for the quarter was ₹22.9 crore, compared to ₹20.5 crore in Q4 FY25. The company reported an EBITDA of ₹39.7 crore for the quarter, with a margin of 6.5%.

The key financial metrics for the year are summarised below:

Standalone Results

On a standalone basis, the company reported a net profit of ₹53.16 crore for FY26, compared to ₹51.00 crore in FY25. Revenue from operations for the year stood at ₹1,165.85 crore, up from ₹913.15 crore in the previous year. For the quarter ended March 31, 2026, standalone net profit was ₹14.90 crore, while revenue from operations was ₹292.88 crore.

Management Commentary

Atul Garg, Managing Director, attributed the performance to increased traction in the domestic business and sustained demand in international markets. The branded domestic business gained significant momentum, with revenues crossing ₹740 crore in FY26, a year-on-year increase of 37%. In Q4FY26 alone, the domestic business recorded revenue of ₹340 crore. The international business delivered a sustained performance, with revenue increasing by 9% YoY to ₹854 crore, though quarterly performance was subdued due to geopolitical tensions in the Middle East.

Corporate Actions

The board approved the re-appointment of M/s Umang J & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The company also completed the conversion of all share warrants during the year. Additionally, a bonus issue of shares in the ratio of 2:1 was completed during the quarter ended December 31, 2025, leading to a restatement of EPS figures for previous periods. The equity share capital increased to ₹41.4 crore as of March 26, 2026, from ₹12.0 crore in the previous year.