LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply
AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.
-
Filed today
-
Companies tracked
NSE & BSE
Listed on
👋Welcome back, there - you're tracking 0 companies
🔔Sign in free to track companies and get alerts the moment they file
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors
Latest Filings -
📋 Filing Types Available on ForgeUp Filings
Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
GRP Ltd published the detailed discussion from its recent call about its financial performance, showing higher income and profit.
🤖 AI Summary
GRP Ltd submitted the transcript of its Q2 and H1 FY27 earnings call held on October 30, 2026.
Consolidated total income for Q2 FY27 grew 30% year-on-year to INR 1,727 million.
EBITDA for Q2 FY27 increased 60% year-on-year to INR 182 million, with PAT tripling to INR 64 million.
H1 FY27 consolidated total income rose 28% to INR 3,300 million, with EBITDA at INR 356 million.
Working capital cycle reduced by 11 days to 84 days as of September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Consolidated Total Income Q2 FY27
INR 1,727 million
30%
Consolidated EBITDA Q2 FY27
INR 182 million
60%
Consolidated PAT Q2 FY27
INR 64 million
226%
Consolidated Total Income H1 FY27
INR 3,300 million
28%
Consolidated EBITDA H1 FY27
INR 356 million
60%
Standalone Domestic Revenue H1 FY27
INR 1,678 million
40%
Standalone Export Revenue H1 FY27
INR 1,548 million
19%
Domestic Sales as % of Standalone Revenue H1 FY27
52%
🏢 How This Affects the Company
📈
Business Impact
Domestic revenue growth outpaced exports in H1 FY27, with standalone domestic revenue growing 40% to INR 1,678 million, compared to 19% export revenue growth to INR 1,548 million. Domestic sales now constitute 52% of standalone revenue, reducing exposure to tariffs and international freight.
💰
Financial Impact
Consolidated total income for Q2 FY27 increased 30% to INR 1,727 million. EBITDA grew 60% to INR 182 million, with PAT rising 226% to INR 64 million, indicating improved profitability despite raw material cost escalation.
⚙️
Operational Impact
The company absorbed rising raw material costs through higher volumes, better manpower productivity, energy optimization, and increased contribution from newer businesses. Pyrova Energy's EPR registration completion and initial income recognition in Q2 FY27, along with progress in rCB facility commissioning, indicate diversification of revenue streams.
⚠️
Risk Impact
The shift to a higher proportion of domestic revenue reduces exposure to international tariffs, currency movements, and freight costs. However, Pyrova's performance is currently benefiting from elevated crude and furnace oil prices, which may soften if energy markets normalize.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this transcript submission.
👤
Who Is Affected
Existing shareholders gain insight into the company's Q2 and H1 FY27 operational and financial performance, including revenue, profitability, and strategic shifts.
🔍
Management Signal
Management signals a focus on absorbing input costs through operational efficiencies, diversifying revenue streams, and a strategic shift towards domestic market growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — assess if margin stability continues amidst raw material costs.
Update on rCB facility commissioning at Solapur and expansion of pyrolysis capacity.
Progress on plastics business customer qualifications and commercial volumes conversion.
MEDIUM RISKReliance on elevated crude prices for Pyrova's current performance and ongoing raw material cost inflation.
💡 Investor Takeaway
GRP Ltd's Q2 FY27 consolidated total income grew 30% year-on-year to INR 1,727 million. PAT increased 226% to INR 64 million, with EBITDA rising 60% to INR 182 million. Domestic standalone revenue grew 40% in H1 FY27, now accounting for 52% of standalone revenue.
⚖️ Strengths & Concerns
✅ Positives
Consolidated total income for Q2 FY27 grew 30% year-on-year to INR 1,727 million, driven by 24% higher volumes and 8% improved realizations.
Q2 FY27 PAT increased 226% year-on-year to INR 64 million, with EBITDA margin improving to 10.5% from 8.6% despite declining gross margins.
⚠️ Concerns
Gross margin declined to 46% in Q2 FY27 from 51% in Q2 FY26, primarily due to raw material cost escalation.
The current performance of Pyrova Energy reflects elevated crude and furnace oil prices, which may not be sustainable if energy markets normalize.
📅 Company Track Record
GRP Ltd's Q2 FY27 consolidated income of Rs. 1,727 Mn grew 30% YoY, while standalone net profit rose 71.69% to Rs. 582.19 Lakhs, according to prior filings from October 28, 2026. This earnings call transcript provides additional detail on these results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was GRP Ltd's consolidated total income for Q2 FY27?
GRP Ltd reported a consolidated total income of INR 1,727 million for Q2 FY27, representing a 30% growth year-on-year.
How much did GRP Ltd's PAT increase in Q2 FY27?
GRP Ltd's consolidated PAT for Q2 FY27 was INR 64 million, an increase of 226% compared to INR 20 million in Q2 FY26.
What was the growth in GRP Ltd's standalone domestic revenue in H1 FY27?
GRP Ltd's standalone domestic revenue grew by 40% to INR 1,678 million in H1 FY27, outperforming export revenue growth of 19%.
What was the EBITDA margin for GRP Ltd in H1 FY27?
The consolidated EBITDA margin for GRP Ltd in H1 FY27 was 10.8%, an improvement from 8.6% in H1 FY26.
Questions based on this BSE filing only. For information purposes.
There are 32,000 more, and one of them is about a company you own
Follow a company and we'll email you the moment it files
again - explained, not just forwarded. Free.
Follow companies and get filings by email
Save any filing to read later
Two full AI analyses every month, free
No card needed. Sign in with Google in two taps.
⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔖
Save filings you care about
Sign in free to save any filing and get notified when the same company files again.
🔖
Save This Filing
Sign in with Google to save this filing and get notified when this company files again. Free, takes 5 seconds.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.