GRP Limited has informed the Exchange about Investor Presentation

GRP Limited reported weak Q3 FY26 results with total income of Rs. 1,352 Mn (up just 2% YoY) but EBITDA falling 14% to Rs. 112 Mn and profit after tax (excluding exceptional items) plunging 49% to Rs. 23 Mn. Margins were under significant pressure across all levels — gross margins dropped 383 bps to 49.3%, EBITDA margins fell 153 bps to 8.3%, and PAT margins declined 163 bps to 1.7%. The company attributed the weakness to higher raw material costs (+5%), a 45% decline in export margins due to US tariffs, a Rs. 3 cr forex loss on working capital revaluation, and sub-optimal utilization at the new pyrolysis facility. On the positive side, domestic revenues grew 14% YoY, other expenses were reduced by 256 bps through cost initiatives, and management expects gradual recovery ahead as US tariffs reduce to 18% and solar energy investments deliver Rs. 3-4 cr in annual savings from Q2 FY27. The Rs. 250 crore capex program over three years is behind schedule but ongoing, with EUR 7.5 million already drawn from a EUR 12 million ECB facility.