GRP Limited Q1 FY27 results: income up 26%, PAT up 140% YoY
GRPLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GRP Limited shared its Q1 FY27 investor presentation. Total income rose 26% YoY to Rs 1,573 Mn, EBITDA grew 60% to Rs 174 Mn, and PAT more than doubled to Rs 42 Mn. EBITDA margins expanded 233 bps to 11%. Rubber Recycling segment revenue grew 34% YoY with reclaim rubber volumes up 12%. Exports grew 20% and Engineering Plastics volumes rose 27%. Targeted FY27 capex is around Rs 90-100 crore, with reclaim rubber capacity planned to expand from 88KTA to 110KTA by FY30.
Strong quarter with broad-based growth and margin expansion. Capacity expansion plans signal a growth runway, though FY26 PAT fell 90% YoY on an exceptional labour code charge.