GRP Ltd.
Snapshot View

1338.00 +8.00 ▲0.6%

27 May 2022, 04:01:00 PM
Volume: 174

Overview View Details

Sector Agriculture Compare with Sector peers
Industry Rubber Products Compare with Industry peers
Website http://www.grpweb.com
Market Cap 178.40 Cr.
Enterprise Value(EV) 277.63 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 43.20 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 30.97 Trailing Twelve Months Ending 2022-03
Industry PE 24.90 Trailing Twelve Months Ending 2022-03
Book Value / Share 1,021.68 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.31 Calculated using Price: 1,338.00
Dividend Yield 0.67 Period Ending 2021-03
No. of Shares Subscribed 0.13 Cr. 1,333,333 Shares
FaceValue 10
Company Profile

Established in 1974, Gujarat Reclaim & Rubber Products Ltd. (GRRP) began producing with a modest capacity of only 2400 MT.From then on, there was no looking back. GRRPL grew manifold and widened its geographical presence in India and abroad. It was conferred the 'Export House' status by the Government of India for its steady export, growth and performance.

GRRPL produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.

Through steady growth and a strong vision, GRRP has emerged as the largest manufacturer of reclaim rubber in the country and among the largest globally.

GRRP has achieved a strong export growth in the last decade and spread itself to over 35 countries across the globe. GRRP is striving to expand its global base by reaching out to countries and applications not explored in the past. 

Product range of the company includes:

GRRPL produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.

  • BT 999 Butyl Reclaim
  • BTA 777 Butyl Reclaim
  • BTI 888 Butyl Reclaim
  • T 1010 Tube Reclaim
  • CHT 100 Latex Reclaim
  • EP 101 EPDM Reclaim
  • 777 E Nitrile Polycoat
  • FKM 100 Reprocessed Fluroelastomer (FKM)
  • FKM 101 Reprocessed Fluroelastomer (FKM)
  • HT 555 High Tensile Whole Tyre Reclaim

Milestones:

  • 1978 Production commences at Ankleshwar
  • 1984  First export order 4800
  • 1986  Solapur plant setup 7200
  • 1989  Joint venture in Malaysia
  • 1991  Exports grow to 5 countries, commenced production of Butyl Reclaim
  • 1993  Commenced manufacture of surface treated crumb from tyre crumb & NBR crumb
  • 1997  Commenced production of products split and punched from waste tyres
  • 1999  Exports cross 10 countries, commenced production of EPDM reclaim
  • 2003  Exports cross 25 countries
  • 2004  Government of India confers 'Export House' status, company receives single ISO 9001 certification for both plants
  • 2005  Implemented SAP for streamlining processes, exports cross 31 countries
  • 2006  3rd Reclaim plant setup at Panoli, company receives ISO 14001 certification
  • 2007  A dedicated plant for fine crumbs set up, exports cross 35 countries

Achievements/ recognition:

  • Largest manufacturer and exporter of reclaimed rubber in India.
  • Successfully offered technical collaboration (a plant in Malaysia) for supply of machinery and technical know how to manufacture reclaimed rubber.
  • First to introduce a surface treated crumb rubber manufacturing facility in India capable of manufacturing crumbs from various types of natural rubber based and synthetic rubber based products.
  • Punch and split products from used tyres were manufactured for the first time in India by GRRP.
  • First to design and commission an air pollution control system.
  • GRRP has in its portfolio the most number of grades of reclaim from synthetic rubbers such as Butyl, EPDM.
  • GRRP has been an uninterrupted dividend paying company.
  • Use of a gas based captive power plant at Ankleshwar & Panoli for continuous power supply, ensuring a clean environment. The company has also utilized waste heat from the process to use back in its processes.
  • GRRP has implemented a SAP ERP to streamline its business processes, moving it from a people driven to a systems driven company.
  • GRRP has been conferred a Star Export House status by the Government of India.

Certification

  • Solapur plant receives ISO 9001 certification.
  • Ankleshwar plant receives ISO 9002 certification.

Awards From

  • Compuworld
  • AIRIA
  • CAPEXIL

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.60%
1 Week
-3.15%
1 Month
-6.59%
3 Month
-5.83%
6 Month
+40.10%
1 Year
+32.21%
2 Year
+119.70%
5 Year
-22.66%
10 Year
-11.65%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 12.62 10.67 8.12 6.83 5.57 -0.21 4.67 2.31 1.29
Return on Capital Employed (%) 13.70 13.07 8.62 8.15 7.59 3.04 6.68 2.91 2.95
Return on Assets (%) 4.49 3.97 3.12 2.79 2.53 -0.10 2.51 1.16 0.65

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 98 106 113 119 126 124 130 127 132 136
Non Curr. Liab. 60 51 36 34 36 28 25 29 33 47
Curr. Liab. 117 116 148 118 106 77 89 113 84 113
Minority Int.
Equity & Liab. 274 272 297 271 269 230 243 269 248 296
Non Curr. Assets 148 149 143 142 143 133 129 128 115 127
Curr. Assets 126 124 153 129 126 96 114 141 132 169
Misc. Exp. not W/O
Total Assets 274 272 297 271 269 230 243 269 248 296

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 274 309 339 315 304 300 357 349 280 388
Other Income 3 2 7 0 3 2 5 7 5 1
Total Income 277 311 347 315 307 301 362 356 285 390
Total Expenditure -242 -274 -317 -286 -278 -282 -336 -336 -266 -365
PBIDT 34 37 30 29 29 20 26 20 19 24
Interest -6 -7 -5 -5 -4 -4 -5 -8 -5 -5
Depreciation -10 -12 -15 -14 -14 -14 -13 -14 -13 -12
Taxation -6 -7 -2 -3 -4 -2 -2 5 1 -2
Exceptional Items 1
PAT 12 11 9 8 7 0 6 3 2 6
Minority Interest
Share Associate 0 -1
Other Related Items
Consolidated Net Profit 12 11 9 8 7 -1 5 3 2 6
Adjusted EPS 88 81 67 59 51 -6 40 22 13 43

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 26 13 28 32 18 21 22 8 7 25
Cash Fr. Inv. -42 -32 -14 -8 -13 -16 -7 -9 -11 1
Cash Fr. Finan. 27 6 -14 -24 -5 -6 -15 4 8 -20
Net Change 11 -13 1 -1 0 -1 1 3 4 5
Cash & Cash Eqvt 15 2 2 2 2 1 1 4 8 14

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 41.81 41.81 41.81 41.81 41.81 41.74 41.71 41.75 41.58
Public 58.19 58.19 58.19 58.19 58.19 58.26 58.29 58.25 58.42
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 25 May 2022
Disclosure Of Related Party Transactions Of GRP Limited ('The Company') For The Half Year Ended March 31 2022.
Please find enclosed the disclosure of Related Party Transactions of GRP Limited (the Company) for the half year ended March 31 2022 in the format prescribed by the Securities and Exchange Board of India vide Circular No. EBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22 2022 effective April 1 2022. This disclosure is being made in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Submission of Earnings call transcript held on 20th May 2022 at 3:00 p.m. to discuss Companys operational and financial performance for FY22.
Fri, 20 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Revised invite to attend Earnings Call to discuss operational and financial performance of GRP Limited for the financial year 2021-22 scheduled to be held today 20th May 2022 at 3: 00 p.m.

Technical Scans View Details

Fri, 27 May 2022
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month
High Increase 6 Months High Increase 6 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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