GRP Limited has informed the Exchange regarding Board meeting held on May 09, 2025.

Profit growth above 25%Results restatedExceptional itemRelated-party transactionsResults View source PDF Explain this filing

GRPLTD · price

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Price reactionminutes from the announcement price · days from the prior close

+4.7%Reaction day

₹2715.00

prior close

₹2996.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+4.6%+0.0% vs market

Rubber peers, median of 8sector+4.4%+0.2% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts more than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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Sessions after the filingfrom the prior close

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Reaction day

+4.7+4.6+0.0+4.4+0.2

Next day

+1.8+6.3-4.5+6.7-4.8

+1.8+8.1-6.3+9.5-7.7

+1.6+9.1-7.6+10.4-8.8

+7.8+10.0-2.2+12.5-4.7

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+4.6+11.0-6.3+11.5-6.9

15d

+5.9+13.3-7.4+8.4-2.5

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-3.5+17.0-20.5+8.7-12.2

-26.3+11.4-37.8+12.2-38.5

UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 8Pending

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AI summary

GRP Limited's board met on May 9, 2025 and approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025. Standalone revenue from operations grew to Rs. 534.27 crore (from Rs. 461.62 crore, up ~15.7%), while profit after tax rose to Rs. 37.86 crore (from Rs. 23.71 crore, up ~59.7%), partly aided by a change to accrual-based recognition of EPR (Extended Producer Responsibility) credits worth Rs. 20.97 crore. Consolidated revenue rose to Rs. 550.45 crore with PAT of Rs. 30.70 crore. The board recommended a dividend of Rs. 14.50 per share (145% on face value of Rs. 10) for FY25, subject to shareholder approval. Additionally, Hemal H. Gandhi was reappointed as Executive Director, two new directors were inducted, a new Secretarial Auditor was appointed for five years, and a Risk Management Committee was constituted. The statutory auditor issued an unmodified opinion on the financial statements.

Likely market impact

Strong topline and bottomline growth, a healthy 145% dividend, and a clean (unmodified) audit opinion are positives for shareholders. The one-time boost from accounting change in EPR credit recognition (~Rs. 21 crore) should be noted when assessing underlying earnings growth, as it makes the year-on-year comparison appear stronger than core operations alone.