GRP Limited (509152) Earnings Call Transcripts

GRP Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, GRP Limited reported total income of INR 1,450 million, a 10% decline year-on-year, while FY '26 total income decreased by 3% to INR 5,380 million. The company faced significant challenges due to geopolitical volatility, tariff disruptions, and inflationary pressures, leading to an EBITDA of INR 94 million for Q4 and INR 429 million for the full year, down from INR 694 million in FY '25. Management signaled a cautious outlook, emphasizing the need for stabilization in new business initiatives and a focus on long-term competitiveness, while maintaining a dividend of INR 3.5 per share.

Reported metrics

Guidance from management

Management expects continued stabilization in new business initiatives, with a focus on improving utilization and operational stability. They anticipate a gradual recovery in export volumes and margins in FY '27.

What management said

I think the segment reporting is done in accordance with the stock exchange requirements. So at the moment, the segment reporting and the margin is provided on that basis in the stock exchange financials.

Can I just summarize your questions because I see 5 questions. I just want to make sure I don't miss anything. First question was on a breakup of the CapEx of the INR 170 crores. The second is stand-alone, how is the TPO come and charge or the whole Pyro value chain doing as a business in terms of stabilization? Third was, is in that TPO prices are moving up? How is -- or rather oil prices are moving up? What is the ...

What analysts pressed on

Analysts expressed concerns regarding the impact of U.S. tariffs on export volumes and the ongoing inflationary pressures on raw materials. There were also questions about the timeline for profitability improvements in new business segments.

Main topics on the call

• Revenue Decline — GRP reported a total income of INR 1,450 million for Q4 FY '26, down 10% year-on-year, and INR 5,380 million for FY '26, a 3% decline. Management noted that 'this moderation reflects a high comparative base of FY '25' du...
• Profitability Pressures — EBITDA for Q4 FY '26 was INR 94 million, significantly down from INR 331 million in Q4 FY '25. Management attributed this to 'softened export volumes, lower spreads, and inflationary pressures' impacting margins.
• Strategic Investments — Management highlighted ongoing investments in technology and renewable energy, stating, 'we believe these investments position GRP to progressively improve both scale and operating leverage over the coming years.'
• Tariff Impact and Recovery — The company faced significant tariff-related disruptions, with approximately 33% of Reclaim Rubber revenues affected. However, management noted a recovery in export volumes, stating, 'our order book as of now is much str...

Read the full GRP Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 GRP Limited earnings call transcripts on record, spanning June 16, 2020 to July 27, 2026. Based on this history, GRP Limited reports semi-annually. The most recent call on file is dated July 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

509152

Exchange

BSE

Country

IN

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

16

First call

June 16, 2020

Most recent

July 27, 2026

Reporting cadence

semi-annually