Companies›Consumer Discretionary›Realty›Realty

Grovy India Limited

Realty › Realty
₹63.00
at close · 27 Oct 2026
▲ 2.50 (+4.13%)

Latest filings

  1. Income Tax Tribunal partly allows Grovy India's appeal · Regulatory & Legal
  2. Newspaper publication of September 2026 quarterly and half-year results · Compliance
  3. Q2 FY27 revenue doubles as debt drops 90% and projects expand · Investor Communications
All filings ↓
Ask Nexa about Grovy India Limited

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Develops and sells premium luxury residential projects in South Delhi, including sites in Defence Colony and Gulmohar Park. For FY26 it reported revenue of ₹33.201 crore, against materials/construction costs running at 163.2% of revenue, with employee and other operating costs at 1.4% and 1.1% of revenue respectively. Revenue is recorded under a single segment in FY26, with the quarterly trend breaking the business into a Realty Division (Including Construction), a small Trading of Securities line and unallocated items; the Realty Division contributed ₹6.9878 crore of revenue in the period ended 31 March 2026 and ₹14.96 crore in the quarter ended 30 September 2025. A separate, unnamed segment of ₹26.2133 crore in FY26 makes up the bulk of reported revenue. The company also runs a collaboration called Golden Growth Fund, under which three projects are currently under construction, and management has indicated a target of 20–25 projects per year over three years. It is listed on BSE (scrip code 539522) and is planning an NSE listing, alongside a fundraise of about ₹40 crore (₹15 crore via a preferential issue at ₹36 per share).

Operating scale
Premium projects added (Q1 FY27)
3 projects, about 50,000 sq ftQ1 FY27
Defence Colony project area
approximately 15,000 sq ftFY27
Gulmohar Park project area
approximately 20,000 sq ftFY27
Projects under construction via Golden Growth Fund
3 projectsQ1 FY27
Q1 FY27 revenue
₹27.58 croreQ1 FY27
FY26 total revenue
₹33.201 croreFY26
Who pays it
Buyers of premium and luxury residential property in South Delhi localities such as Defence Colony and Gulmohar Park
Biggest cost
Materials and construction inputs at 163.2% of FY26 revenue (land and building costs)
Kind of business
Small, asset-light developer focused on premium luxury residential projects in Delhi
Where it sits
BSE-listed (scrip code 539522) micro-cap realty developer pursuing an NSE listing and scaling from ~3 projects to a target of 20–25 projects annually
Market Cap
₹84 Cr
P / E (TTM)
29.0×
EV / EBITDA
22.7×
Div Yield
0.16%
Growth
20.1%▲
Revenue 5y CAGR
PAT +15.0% · EBITDA +25.3%
Quality
9.4%·
ROCE (5y median)
ROE 8.8% (5y median) · margin 14.4%
Leverage
1.08·
Debt / Equity · moderate
Net debt ₹25 Cr
Revenue FY21→FY26
2.5×▲
Margin −2.1 pts
₹13 Cr → ₹33 Cr
Cash conversion
-2.90×▼
Operating cash ÷ profit · 5 yrs
₹-22 Cr on ₹8 Cr
Moves on a normal day
2.38%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#41/61
P/B#54/70
ROCE#14/88
ROE#10/73
Debt / Equity#56/73
EBITDA margin#24/59
Revenue growth#10/64
Profit growth#5/79

Scorecard

Measured from the filed financials, judged against its Residential, Commercial Projects peers · as of FY26 — not investment advice

Strengths
Revenue compounding 20% a year over 5 years
Profit compounding 15% a year over 5 years
Concerns
Carries more debt than its peers — 1.08× equity
higher than 76% of its 73 Residential, Commercial Projects peers
Over 5 years it reported ₹7.67 Cr of profit and an operating cash outflow of ₹22 Cr — -2.90×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 680 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from Grovy India Limited's filed financials and exchange disclosures

What does Grovy India Limited do?

Grovy India Limited is a Realty company listed on BSE.

Is Grovy India Limited profitable?

Yes. Over the trailing twelve months Grovy India Limited reported a net profit of ₹2.90 Cr on revenue of ₹33 Cr.

Does Grovy India Limited pay a dividend?

Yes. The dividend yield is 0.16% at the current price. It paid out 5% of its profit as dividend in FY26.

Is Grovy India Limited debt-free?

No. It reported borrowings of ₹25 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹25 Cr after cash. Debt stands at 1.08× equity. That is higher than 76% of its 73 Residential, Commercial Projects peers.

Is Grovy India Limited expensive compared with its peers?

On trailing P/E, Grovy India Limited ranks 41 of 61 in Residential, Commercial Projects — cheaper than 33% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the Grovy India Limited share price move in a day?

On a typical session Grovy India Limited moves 2.38% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track Grovy India Limited's announcements?

Every NSE and BSE filing by Grovy India Limited appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.