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Grovy India Ltd

| Statement of Profit and Loss for the for the quarter and year ended March 31,2026

BULLISH SENTIMENT

Report Source

30th Apr 26

Summary : Grovy India reported strong FY26 profits, positive operating cash flow, and asset growth.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Cost of Land, Plot, Constructed Properties and others: 5,418.66 lakhs (FY26)
  2. Change in Inventory of finished goods and Projects in Progress: (2,447.07) lakhs (FY26)
  3. Employee Benefits Expense: 47.37 lakhs (FY26)
  4. Finance Cost: 86.08 lakhs (FY26)
  5. Depreciation: 5.32 lakhs (FY26)
  6. Other Expenses: 37.61 lakhs (FY26)
  7. Revenue from sale of constructed properties and other development activities: 3,320.10 lakhs (FY26)
  8. Other income (net): 214.78 lakhs (FY26)
  9. Segment Revenue - Realty Division (Including Construction): 3,320.10 lakhs (FY26)
  10. Segment Revenue - Trading of Securities: 23.56 lakhs (FY26)
  11. Net cash flow from operating activities: 42.90 lakhs (FY26) vs (1,342.18) lakhs (FY25)
  12. Net cash flow from investing activities: 79.66 lakhs (FY26) vs 75.99 lakhs (FY25)
  13. Net cash flow from financing activities: (122.14) lakhs (FY26) vs 1,266.42 lakhs (FY25)
  14. Closing cash and cash equivalents: 1.30 lakhs (Mar 26) vs 0.87 lakhs (Mar 25)
  15. Total Assets: 7,335.13 lakhs (Mar 26) vs 4,855.36 lakhs (Mar 25)
  16. Inventories: 6,087.55 lakhs (Mar 26) vs 3,640.48 lakhs (Mar 25)
  17. Trade Receivables: 103.47 lakhs (Mar 26) vs 352.68 lakhs (Mar 25)
  18. Non Current Borrowings: 245.30 lakhs (Mar 26) vs 269.17 lakhs (Mar 25)
  19. Current Liabilities - Borrowings: 2,250.89 lakhs (Mar 26) vs 2,192.02 lakhs (Mar 25)
  20. Other Equity: 971.74 lakhs (Mar 26) vs 708.00 lakhs (Mar 25)
  21. Standalone financial results.

Corporate Overview

  1. Realty Division (Including Construction)
  2. Trading of Securities
  3. Realty Division (Including Construction)
  4. Trading of Securities

Risk Factors

  1. Auditor noted going concern uncertainty.
  2. High inventory levels increased significantly.
  3. Trade receivables decreased substantially.
  4. Borrowings remain a significant liability.

Key Drivers

  1. Positive operating cash flow turnaround.
  2. Significant increase in total assets.
  3. Strong profit growth year-on-year.
  4. Unmodified audit opinion received.

Auditor’s Report

  1. Unmodified opinion on standalone financial results.

Board Commentary

  1. Dividend paid for the year ended March 31, 2026.

Management Discussion & Analysis

Critical Risks

  1. Auditor noted potential going concern uncertainty.