Processes and sells basmati rice under the Aeroplane brand, with rice accounting for 99% of FY26 consolidated revenue of Rs 2,287.138 crore. The business sells to consumers, retailers and food-service channels across 38+ countries through 436 domestic distributors and 53 international distributors, with the domestic market contributing 67% of total revenues. Manufacturing capacity stands at 550,800 metric tonnes per annum, currently running at roughly 61% utilisation. Distribution is being widened, including a partnership with Oman's Al Tasnim Group to stock Aeroplane Rice in the Sultanate and a new wholly-owned subsidiary in Singapore to support overseas expansion. The company is diversifying into adjacent FMCG staples under the same Aeroplane brand and plans to scale its distributor base to 700+ by FY28. Raw materials (paddy/rice) dominate the cost base at 83.3% of revenue, while employee costs are minimal at 0.7%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Basmati rice (Aeroplane brand) (99%), FMCG staples. Branded, distribution-led basmati rice exporter with a small, growing FMCG diversification leg.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 2,287 |
| EBITDA (ex other income) | 225 |
| margin % | 9.8 |
| Owners' profit | 103 |
| EPS, as reported (₹) | 12.51 |
| ROE % · ROCE % | 11.2 · 24.0 |
| Debt / equity (x) | 0.82 |
| Cash from operations | (166) |
| Capex | (2) |
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 571 | 695 | 664 |
| Profit before tax | 48 | 26 | 48 |
| Net profit | 35 | 20 | 37 |
| EPS (₹) | 4.19 | 2.36 | 3.55 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LT FOODS LIMITED | 15,244 | 23.8 | 3.37 | 12.9 | 13.8 | 16.0 | 18.7 | 11.5 |
| KRBL LIMITED | 9,630 | 12.7 | 1.66 | 10.0 | 11.2 | 14.7 | 8.8 | 24.9 |
| GUJARAT AMBUJA EXPORTS LT | 7,486 | 18.0 | 2.27 | 13.9 | 9.2 | 11.7 | 4.0 | 17.0 |
| KAVERI SEED CO. LTD. | 3,703 | 15.0 | 2.11 | 10.0 | 16.9 | 17.0 | 6.1 | 40.1 |
| TRUALT BIOENERGY LIMITED | 3,550 | 25.3 | 2.25 | 13.6 | 6.1 | 4.8 | — | 23.5 |
| SANSTAR LIMITED | 2,207 | 65.6 | — | — | — | — | — | 8.8 |
| AMIR CHAND JAG KUM (E) L ◆ | 2,131 | 20.4 | 2.31 | 12.6 | 11.2 | 14.8 | — | 9.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · 23rd AGM notice and FY26 Annual Report web-link shared with members | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Newspaper publication of 23rd AGM notice filed | compliance | minimal | — | — |
| 7 Sept 2026 · 23rd AGM and FY2025-26 Annual Report | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Appointed Shubham Garg and Associates as Secretarial Auditor for five years | management changes | medium | — | — |
| 28 Aug 2026 · NSE seeks clarification on quarterly results filing | compliance | medium | — | — |
| 11 Aug 2026 · Investor meet Emkay Confluence 2026 cancelled due to unforeseen circumstances | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Q1 FY27 revenue up 55% YoY; PAT jumps 128% to Rs 36.6 Cr | investor communications | medium | — | — |
| 7 Aug 2026 · Q1 FY27 revenue up 55% YoY, PAT up 128% | investor communications | medium | — | — |
| 7 Aug 2026 · Amir Chand Jagdish Kumar Exports to attend Emkay Confluence 2026 investor meet in Mumbai on Aug 12 | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Company to meet investors at Emkay Confluence 2026 on August 12 in Mumbai | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| GRM OVERSEAS LIMITED | 1,747 | 13.3 | 2.88 | 16.4 | 12.3 | 16.5 | 17.2 | 8.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.4 | 12.0 | 49 of 65 | 25% |
| P/B | 2.3 | 1.7 | 37 of 51 | 28% |
| ROCE | 14.8 | 4.4 | 18 of 68 | 75% |
| ROE | 11.2 | 3.3 | 16 of 54 | 72% |
| Debt / Equity | 0.8 | 0.2 | 39 of 54 | 28% |
| EBITDA margin | 9.5 | 9.7 | 24 of 45 | 48% |
| Market cap | 2131 | 69 | 7 of 69 | 91% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
