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Grovy India Ltd
| Statement of Profit and Loss for the for the quarter and year ended March 31,2026
Summary : Grovy India reported strong FY26 profits, positive operating cash flow, and asset growth.
Quarterly Report Analysis & Insights
Financial Disclosures
- Cost of Land, Plot, Constructed Properties and others: 5,418.66 lakhs (FY26)
- Change in Inventory of finished goods and Projects in Progress: (2,447.07) lakhs (FY26)
- Employee Benefits Expense: 47.37 lakhs (FY26)
- Finance Cost: 86.08 lakhs (FY26)
- Depreciation: 5.32 lakhs (FY26)
- Other Expenses: 37.61 lakhs (FY26)
- Revenue from sale of constructed properties and other development activities: 3,320.10 lakhs (FY26)
- Other income (net): 214.78 lakhs (FY26)
- Segment Revenue - Realty Division (Including Construction): 3,320.10 lakhs (FY26)
- Segment Revenue - Trading of Securities: 23.56 lakhs (FY26)
- Net cash flow from operating activities: 42.90 lakhs (FY26) vs (1,342.18) lakhs (FY25)
- Net cash flow from investing activities: 79.66 lakhs (FY26) vs 75.99 lakhs (FY25)
- Net cash flow from financing activities: (122.14) lakhs (FY26) vs 1,266.42 lakhs (FY25)
- Closing cash and cash equivalents: 1.30 lakhs (Mar 26) vs 0.87 lakhs (Mar 25)
- Total Assets: 7,335.13 lakhs (Mar 26) vs 4,855.36 lakhs (Mar 25)
- Inventories: 6,087.55 lakhs (Mar 26) vs 3,640.48 lakhs (Mar 25)
- Trade Receivables: 103.47 lakhs (Mar 26) vs 352.68 lakhs (Mar 25)
- Non Current Borrowings: 245.30 lakhs (Mar 26) vs 269.17 lakhs (Mar 25)
- Current Liabilities - Borrowings: 2,250.89 lakhs (Mar 26) vs 2,192.02 lakhs (Mar 25)
- Other Equity: 971.74 lakhs (Mar 26) vs 708.00 lakhs (Mar 25)
- Standalone financial results.
Corporate Overview
- Realty Division (Including Construction)
- Trading of Securities
- Realty Division (Including Construction)
- Trading of Securities
Risk Factors
- Auditor noted going concern uncertainty.
- High inventory levels increased significantly.
- Trade receivables decreased substantially.
- Borrowings remain a significant liability.
Key Drivers
- Positive operating cash flow turnaround.
- Significant increase in total assets.
- Strong profit growth year-on-year.
- Unmodified audit opinion received.
Auditor’s Report
- Unmodified opinion on standalone financial results.
Board Commentary
- Dividend paid for the year ended March 31, 2026.
Management Discussion & Analysis
Critical Risks
- Auditor noted potential going concern uncertainty.