GRP
1,693.20
-6.00(-0.35%)
Market Cap₹903.04 Cr
PE Ratio32.93
Company Performance:
1D-0.35%
1M-10.28%
6M-36.62%
1Y-46.30%
5Y+677.95%
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More news about GRP
28Jul 25
GRP Ltd Announces Board Changes and Appointments at 51st Annual General Meeting
GRP Ltd, a rubber industry leader, has made significant changes to its board composition following its 51st AGM. Rajendra V. Gandhi, with 50+ years of industry experience, joins as Non-executive Non-Independent Director. Hemal H. Gandhi is reappointed as Executive Director until March 2028. Belur Krishna Murthy Sethuram becomes Independent Director for a five-year term. Yogesh D. Dabholkar & Co. is appointed as Secretarial Auditor for five years. All AGM resolutions passed with strong shareholder support, most receiving over 99% approval.
26Jul 25
GRP Limited's Executive Chairman Rajendra V. Gandhi Steps Down, Proposed for Non-Executive Role
GRP Limited held its 51st AGM on July 25, 2025, marking significant changes. Rajendra V. Gandhi stepped down as Executive Chairman, with a proposal for his appointment as a Non-executive Non-Independent Director. The company reported challenges in Q1 FY26, with total income at Rs 1,247.00 crore, showing a marginal year-on-year decline. The Board approved reducing ECB from €15.00 million to €12.00 million, and initiatives for renewable energy procurement. Despite current challenges, GRP remains committed to growth and sustainability goals.
25Jul 25
GRP Limited Reports Q1 Results, Reduces ECB, and Invests in Solar Power
GRP Limited reported a 45% decrease in net profit to ₹33.00 crore for Q1 2025, with revenue declining 9.09% to ₹120.00 crore. The company's Board approved reducing External Commercial Borrowings from EUR 15 million to EUR 12 million and investing in solar power for manufacturing locations in Gujarat and Maharashtra. The 51st Annual General Meeting was held, addressing financial statements, dividend declaration, and director appointments.
09May 25
GRP Ltd. Reports Robust Q4 Performance, Announces Dividend
GRP Ltd.'s Q4 FY2022-23 results show significant growth with net profit up 77.10% to ₹213.00 crore and revenue increasing 12.30% to ₹155.00 crore year-over-year. EBITDA stood at ₹33.20 crore with a 21.32% margin. The company has recommended a dividend of ₹14.50 per equity share, subject to AGM approval.
25Mar 25
GRP Limited Launches Commercial Production at New Crumb Rubber Facility
GRP Limited has commenced commercial production at its new crumb rubber manufacturing unit in Solapur, Maharashtra on March 24, 2025. The facility, built with an investment of ₹25 crore, has an annual production capacity of 31,875 metric tonnes. Financed through ₹18 crore in borrowings and ₹7 crore from internal accruals, the expansion aims to meet growing demand in industries such as reclaim rubber production, tyre manufacturing, and road surfacing.
GRP
1,693.20
-6.00
(-0.35%)
1 Year Returns:-46.30%
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