Grovy India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹30.29Overvalued by 27.54%vs CMP ₹41.80

P/E (25.1) × ROE (9.1%) × BV (₹16.50) × DY (0.24%)

₹20.42Overvalued by 51.15%vs CMP ₹41.80
MoS: -104.7% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹33.0323%Over (-21%)
Graham NumberEarnings₹24.7517%Over (-40.8%)
DCFCash Flow₹14.2414%Over (-65.9%)
Net Asset ValueAssets₹16.507%Over (-60.5%)
EV/EBITDAEnterprise₹3.159%Over (-92.5%)
Dividend DiscountDividends₹3.699%Over (-91.2%)
Earnings YieldEarnings₹16.507%Over (-60.5%)
ROCE CapitalReturns₹34.237%Over (-18.1%)
Revenue MultipleRevenue₹19.046%Over (-54.4%)
Consensus (9 models)₹20.42100%Overvalued
Key Drivers: Wide model spread (₹3–₹34) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 9.0%

*Investments are subject to market risks

Analyst Summary

Grovy India Ltd operates in the Realty segment, NSE: GROVY | BSE: 539522, current market price is ₹41.80, market cap is 55.8 Cr.. At a glance, stock P/E is 25.1, ROE is 9.12 %, ROCE is 7.63 %, book value is 16.5, dividend yield is 0.24 %. The latest intrinsic value estimate is ₹20.42, around 51.1% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹25 Cr versus the prior period change of 30.0%, while latest net profit is about ₹2 Cr with a prior-period change of 79.0%. The 52-week range shown on this page is 56.8/32.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGrovy India Ltd. is a Public Limited Listed company incorporated on 23/07/1985 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74130DL198…

This summary is generated from the stock page data available for Grovy India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

55
Grovy India Ltd scores 55/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health52/100 · Moderate
ROCE 7.6% WeakROE 9.1% AverageD/E 0.56 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 73.0% Stable
Earnings Quality55/100 · Moderate
OPM expanding (5% → 7%) ImprovingWorking capital: 318 days Capital intensive
Quarterly Momentum70/100 · Strong
Revenue (4Q): +16% YoY GrowingProfit (4Q): +36% YoY StrongOPM: 5.7% (down 6.5% YoY) Margin pressure
Industry Rank45/100 · Moderate
P/E 25.1 vs industry 30.9 In-lineROCE 7.6% vs industry 12.6% Average3Y sales CAGR: 6% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:38 am

Market Cap 55.8 Cr.
Current Price 41.8
Intrinsic Value₹20.42
High / Low 56.8/32.0
Stock P/E25.1
Book Value 16.5
Dividend Yield0.24 %
ROCE7.63 %
ROE9.12 %
Face Value 10.0
PEG Ratio2.77

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Grovy India Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Grovy India Ltd 55.8 Cr. 41.8 56.8/32.025.1 16.50.24 %7.63 %9.12 % 10.0
Sunteck Realty Ltd 5,149 Cr. 351 479/27025.2 2460.43 %7.54 %5.95 % 1.00
Mahindra Lifespace Developers Ltd 6,782 Cr. 318 428/27825.0 1600.88 %2.20 %2.19 % 10.0
Brigade Enterprises Ltd 18,968 Cr. 776 1,332/60125.0 2650.32 %13.3 %14.9 % 10.0
Oberoi Realty Ltd 61,340 Cr. 1,687 2,006/1,39027.2 4600.47 %17.7 %14.7 % 10.0
Industry Average16,544.16 Cr417.6530.86149.750.65%12.63%12.77%6.13

All Competitor Stocks of Grovy India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 3.3710.594.495.615.943.511.261.1119.653.408.2514.963.00
Expenses 2.7710.584.254.845.843.511.501.2117.253.486.7914.592.83
Operating Profit 0.600.010.240.770.100.00-0.24-0.102.40-0.081.460.370.17
OPM % 17.80%0.09%5.35%13.73%1.68%0.00%-19.05%-9.01%12.21%-2.35%17.70%2.47%5.67%
Other Income 0.000.230.060.140.140.340.020.140.050.740.040.570.63
Interest 0.110.130.070.050.030.260.010.000.030.420.020.420.05
Depreciation 0.010.010.010.010.020.020.020.020.020.020.010.010.01
Profit before tax 0.480.100.220.850.190.06-0.250.022.400.221.470.510.74
Tax % 27.08%10.00%27.27%25.88%15.79%33.33%0.00%0.00%24.17%9.09%25.85%25.49%27.03%
Net Profit 0.350.090.170.630.170.04-0.250.021.820.201.100.380.54
EPS in Rs 0.260.070.130.470.130.03-0.190.021.360.150.820.280.40

Last Updated: February 1, 2026, 5:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 6:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0.173.937.519.1612.308.7717.8613.2921.5420.9219.5525.4229.61
Expenses 0.263.747.409.2112.148.6618.9612.9820.9219.6218.4523.4227.69
Operating Profit -0.090.190.11-0.050.160.11-1.100.310.621.301.102.001.92
OPM % -52.94%4.83%1.46%-0.55%1.30%1.25%-6.16%2.33%2.88%6.21%5.63%7.87%6.48%
Other Income 0.120.000.000.190.030.01-0.191.270.600.250.690.941.98
Interest 0.000.000.010.000.000.000.040.100.030.280.400.470.91
Depreciation 0.000.020.030.040.030.020.010.030.070.050.060.070.05
Profit before tax 0.030.170.070.100.160.10-1.341.451.121.221.332.402.94
Tax % 33.33%17.65%42.86%40.00%25.00%30.00%0.00%1.38%4.46%25.41%24.81%25.00%
Net Profit 0.020.140.050.060.120.07-1.341.441.080.911.001.792.22
EPS in Rs 0.040.250.090.110.210.12-1.331.431.070.680.751.341.65
Dividend Payout % 0.00%0.00%0.00%23.33%11.67%35.86%0.00%1.74%2.32%3.66%3.33%7.45%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)600.00%-64.29%20.00%100.00%-41.67%-2014.29%207.46%-25.00%-15.74%9.89%79.00%
Change in YoY Net Profit Growth (%)0.00%-664.29%84.29%80.00%-141.67%-1972.62%2221.75%-232.46%9.26%25.63%69.11%

Grovy India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:21%
5 Years:7%
3 Years:6%
TTM:99%
Compounded Profit Growth
10 Years:29%
5 Years:23%
3 Years:18%
TTM:432%
Stock Price CAGR
10 Years:%
5 Years:43%
3 Years:19%
1 Year:10%
Return on Equity
10 Years:4%
5 Years:8%
3 Years:7%
Last Year:9%

Last Updated: September 5, 2025, 3:40 pm

Balance Sheet

Last Updated: December 4, 2025, 2:59 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 1.401.401.401.401.402.512.512.512.513.333.3313.3413.34
Reserves 1.481.621.671.861.997.776.398.089.2014.2615.527.088.68
Borrowings 5.277.385.584.555.356.978.276.016.6710.2111.3624.6216.49
Other Liabilities 0.000.040.090.330.160.142.030.150.017.340.183.5211.21
Total Liabilities 8.1510.448.748.148.9017.3919.2016.7518.3935.1430.3948.5649.72
Fixed Assets 0.020.100.130.150.120.100.040.220.160.110.210.150.14
CWIP 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments 0.370.023.490.190.230.260.260.670.630.811.350.771.85
Other Assets 7.7610.325.127.808.5517.0318.9015.8617.6034.2228.8347.6447.73
Total Assets 8.1510.448.748.148.9017.3919.2016.7518.3935.1430.3948.5649.72

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -4.07-0.000.01-2.91-0.90-3.78-1.070.72-0.39-8.42-0.43-13.42
Cash from Investing Activity + -0.27-0.00-0.003.38-0.022.980.96-0.280.12-0.17-0.300.76
Cash from Financing Activity + 4.45-0.00-0.00-1.030.79-0.02-0.030.030.308.080.7212.66
Net Cash Flow 0.11-0.00-0.00-0.56-0.13-0.82-0.150.460.03-0.51-0.01-0.00
Free Cash Flow -4.07-0.000.01-2.91-0.90-3.78-0.080.51-0.39-8.43-0.54-13.44
CFO/OP 4,522%-0%9%5,760%-538%-3,391%95%232%-45%-641%-6%-641%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-5.36-7.19-5.47-4.60-5.19-6.86-9.37-5.70-6.05-8.91-10.26-22.62

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 0.000.000.000.000.000.000.614.120.170.0037.5350.69
Inventory Days 12,345.59915.51201.98299.66148.40643.78780.97465.29563.81585.54
Days Payable 0.000.000.000.000.000.006.734.660.000.16
Cash Conversion Cycle 12,345.59915.51201.98299.66148.40643.78774.86464.76563.980.0037.53636.07
Working Capital Days 4,959.71258.19-64.64107.9987.54404.95174.94255.42183.69357.15348.76318.48
ROCE %-0.51%1.83%0.84%1.22%1.93%0.77%-12.96%9.12%6.58%6.50%5.79%7.60%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.58%72.58%72.58%72.58%72.58%72.58%72.58%72.58%72.58%72.58%72.58%73.00%
Public 27.42%27.41%27.42%27.42%27.42%27.42%27.41%27.41%27.42%27.42%27.42%27.00%
No. of Shareholders 2185845905735407471,2724,4003,7323,4663,3903,089

Shareholding Pattern Chart

No. of Shareholders

Grovy India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 1.353.002.724.285.73
Diluted EPS (Rs.) 1.353.002.724.285.73
Cash EPS (Rs.) 1.403.172.854.535.83
Book Value[Excl.RevalReserv]/Share (Rs.) 15.3156.5652.7746.5742.15
Book Value[Incl.RevalReserv]/Share (Rs.) 15.3156.5652.7746.5742.15
Dividend / Share (Rs.) 0.100.100.100.100.10
Revenue From Operations / Share (Rs.) 19.0658.6462.7685.6652.85
PBDIT / Share (Rs.) 2.205.354.634.826.16
PBIT / Share (Rs.) 2.155.184.494.566.06
PBT / Share (Rs.) 1.803.993.664.465.80
Net Profit / Share (Rs.) 1.353.002.714.285.72
PBDIT Margin (%) 11.549.127.375.6211.65
PBIT Margin (%) 11.258.847.155.3111.46
PBT Margin (%) 9.436.805.835.2010.96
Net Profit Margin (%) 7.055.124.324.9910.83
Return on Networth / Equity (%) 8.785.315.149.1713.58
Return on Capital Employeed (%) 12.368.536.999.4214.24
Return On Assets (%) 3.693.292.575.848.58
Long Term Debt / Equity (X) 0.130.070.210.030.01
Total Debt / Equity (X) 1.210.600.580.560.56
Asset Turnover Ratio (%) 0.640.590.781.230.73
Current Ratio (X) 1.872.892.512.832.61
Quick Ratio (X) 0.440.500.810.460.47
Inventory Turnover Ratio (X) 0.830.000.000.000.00
Dividend Payout Ratio (NP) (%) 1.853.322.772.330.00
Dividend Payout Ratio (CP) (%) 1.783.142.632.200.00
Earning Retention Ratio (%) 98.1596.6897.2397.670.00
Cash Earning Retention Ratio (%) 98.2296.8697.3797.800.00
Interest Coverage Ratio (X) 6.324.485.5547.8623.66
Interest Coverage Ratio (Post Tax) (X) 4.863.514.2643.4922.99
Enterprise Value (Cr.) 87.4350.1642.8819.4514.02
EV / Net Operating Revenue (X) 3.442.572.050.901.05
EV / EBITDA (X) 29.8028.1127.7716.079.05
MarketCap / Net Operating Revenue (X) 2.471.981.560.610.64
Retention Ratios (%) 98.1496.6797.2297.660.00
Price / BV (X) 3.082.061.861.140.80
Price / Net Operating Revenue (X) 2.471.981.560.610.64
EarningsYield 0.020.020.020.080.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Grovy India Ltd. is a Public Limited Listed company incorporated on 23/07/1985 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74130DL1985PLC021532 and registration number is 021532. Currently Company is involved in the business activities of Other financial activities. Company's Total Operating Revenue is Rs. 25.42 Cr. and Equity Capital is Rs. 13.34 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Realty122, 1st Floor, Vinoba Puri, New Delhi Delhi 110024Contact not found
Management
NamePosition Held
Mr. Prakash Chand JalanChairman
Mr. Nishit JalanWholeTime Director & CEO
Mr. Jay Nandan JhaInd. Non-Executive Director
Mr. Nawal Kishore ChoudhuryInd. Non-Executive Director
Mr. Anupam Singh SisodiaInd. Non-Executive Director
Mrs. Anita JalanWoman Director

FAQ

What is the intrinsic value of Grovy India Ltd and is it undervalued?

As of 30 April 2026, Grovy India Ltd's intrinsic value is ₹20.42, which is 51.15% lower than the current market price of ₹41.80, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.12 %), book value (₹16.5), dividend yield (0.24 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Grovy India Ltd?

Grovy India Ltd is trading at ₹41.80 as of 30 April 2026, with a FY2026-2027 high of ₹56.8 and low of ₹32.0. The stock is currently in the middle of its 52-week range. Market cap stands at ₹55.8 Cr..

How does Grovy India Ltd's P/E ratio compare to its industry?

Grovy India Ltd has a P/E ratio of 25.1, which is below the industry average of 30.86. This is broadly in line with or below the industry average.

Is Grovy India Ltd financially healthy?

Key indicators for Grovy India Ltd: ROCE of 7.63 % is on the lower side compared to the industry average of 12.63%. Dividend yield is 0.24 %.

Is Grovy India Ltd profitable and how is the profit trend?

Grovy India Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹25 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Grovy India Ltd pay dividends?

Grovy India Ltd has a dividend yield of 0.24 % at the current price of ₹41.80. The company pays dividends, though the yield is modest.

Last Updated: April 26, 2026, 1:38 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 539522 | NSE: GROVY
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Grovy India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE