GRP LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 2,912.93
Dividend & Yield2.50₹ (0.19%)
Beta 0.53
Market capitalization 1.75B
Operating cash flow 15.21M
ESG Scores unknown

Company description

GRP Limited manufactures and sells reclaimed rubber sheets for tire and non-tire rubber goods industries in India and internationally. The company operates through Reclaim Rubber and Others segments. It offers reclaimed natural and synthetic rubber products for use in inner liners and tubes, tire side walls and piles, tire treads and retreads, conveyor belts, molded goods, adhesives, and footwear, as well as rubber mattings, profiles, and roofing; and POLYCOAT, an elastic powder in compounded form, which is used in NBR based molded products, metal to rubber bonded parts, NBR based oil seals, NBR matting/sheeting, NBR-PVC blend, tires, conveyor belt, molded products, sheeting / matting, tread rubber, seals/gaskets, and flaps applications. The company also provides industrial polymers comprising glass filled and unfilled reprocessed nylon 6 and modified nylon 6,6 used in automotive, electrical and electronics, consumer goods, and industrial applications; and custom die forms consisting of link, door, and industrial mats, as well as dock bumpers primarily for use in civil and agricultural industries. In addition, it generates power from windmill; and offers thermoplastic elastomers. The company was formerly known as Gujarat Reclaim and Rubber Products Limited and changed its name to GRP Limited in June 2012. GRP Limited was incorporated in 1974 and is based in Mumbai, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio1.03
Working Capital0.1
Return On Equity0.04
Debt To Equity0.22
Fixed Asset Ratio0
Fixed Interest Cover2.39

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 49.89M 36.7M -77.5M -104.71M
Total Cashflows From Investing Activities -87.74M -111.76M 8.63M -383.42M
Net Borrowings 87.1M 179.38M -149.51M 280.97M
Total Cash From Financing Activities 38.31M 76.64M -204.33M 233.81M
Change To Operating Activities
Issuance Of Stock
Net Income 53.27M 29.67M 16.69M 57.6M
Change In Cash 34.67M 38.44M 54.91M -134.4M
Effect Of Exchange Rate
Total Cash From Operating Activities 84.1M 73.56M 250.6M 15.21M
Depreciation 133.1M 136.45M 126.39M 124M
Change To Account Receivables -180.12M -45.8M 108.65M
Other Cashflows From Financing Activities -46.51M -80.89M -54.82M -43.73M
Change To Netincome 35.12M 36.08M 42.08M 39.7M
Capital Expenditures -92.22M -120.04M -35.8M -240.51M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 72.14M -22.54M 7.36M 74.41M
Net Income 53.27M 29.67M 16.69M 57.6M
Selling General Administrative 586.64M 608.04M 487.92M 582.5M
Gross Profit 1.87B 1.74B 1.41B 2.06B
Ebit 81.52M -13.13M 9.03M 107.99M
Operating Income 81.52M -13.13M 9.03M 107.99M
Interest Expense -34.05M -41.44M -42.69M -45.15M
Income Tax Expense 18.87M -52.22M -9.34M 16.8M
Total Revenue 3.57B 3.49B 2.8B 3.88B
Cost Of Revenue 1.71B 1.75B 1.39B 1.82B
Total Other Income ExpenseNet -9.38M -9.41M -1.67M -33.58M
Net Income From Continuing Ops 53.27M 29.67M 16.69M 57.6M
Net Income Applicable To Common Shares 53.27M 29.67M 16.69M 57.6M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.17B 1.42B 1.16B 1.6B
Total Stockholder Equity 1.3B 1.27B 1.32B 1.36B
Other Current Liabilities 73.69M 125.9M 99.06M 165.62M
Total Assets 2.47B 2.69B 2.48B 2.96B
Common Stock 13.33M 13.33M 13.33M 13.33M
Other Current Assets 114.18M 178.77M 78.97M 131.44M
Retained Earnings 1.26B 1.27B 1.29B
Treasury Stock 15.93M -18.18M 8.97M 1.35B
Cash 44.02M 82.46M 137.37M 4.36M
Total Current Liabilities 920.45M 1.13B 835.69M 1.13B
Other Stockholder Equity 15.93M -18.18M 8.97M 1.35B
Property, Plant, and Equipment 1.22B 1.23B 1.11B 1.21B
Total Current Assets 1.18B 1.41B 1.32B 1.69B
Net Tangible Assets 1.29B 1.27B 1.31B 1.36B
Net Receivables 666.33M 672.88M 660.25M 868.46M
Accounts Payable 217.03M 234.5M 157.83M 251.41M


Insider Transactions

Here are the insider transactions of stock shares related to GRP LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Desai (Jagdish Manharlal) HUFSale at price 18.07 per share.D2022-05-20Promoter10
Desai (Jagdish Manharlal) HUFSale at price 18.01 per share.D2022-03-29Promoter250
Desai (Jayavanti M)Sale at price 17.95 per share.D2022-03-23Promoter200
Desai (Jagdish Manharlal) HUFSale at price 18.41 per share.D2022-03-21Promoter210
Desai (Jagdish Manharlal) HUFSale at price 18.43 per share.D2022-03-17Promoter400
Desai (Jagdish Manharlal) HUFSale at price 18.38 per share.D2022-03-16Promoter100
Desai (Jagdish Manharlal) HUFSale at price 18.21 per share.D2022-03-15Promoter70
Gandhi (Nayna Rajendra)Gift at price 0.00 per share.D2022-02-04Promoter400
Gandhi (Nayna Rajendra)I2022-02-04Promoter
Tolia (Devyani C)Sale at price 20.31 per share.D2022-01-27Promoter700
Tolia (Devyani C)Sale at price 20.15 per share.D2022-01-12Promoter702
Enarjee Consultancy & Trading Co LLPOther at price 14.26 per share.D2021-12-29Promoter45.46k
Gandhi (Harish Rajendra)Other at price 14.26 per share.D2021-12-29Promoter13.06k
Gandhi (Harish Rajendra) HUFOther at price 14.26 per share.D2021-12-29Promoter1.28k
Gandhi (Hemal Harsh)Other at price 14.26 per share.D2021-12-29Promoter59
Gandhi (Nayna Rajendra)Other at price 14.26 per share.D2021-12-29Promoter10.73k
Gandhi (Nehal Rajendra)Other at price 14.26 per share.D2021-12-29Promoter609
Gandhi (Rajendra Vadilal)Other at price 14.26 per share.D2021-12-29Promoter19.12k
Gandhi (Vaishali Rajendra)Other at price 14.26 per share.D2021-12-29Promoter9.69k
Desai (Jayavanti M)Gift at price 0.00 per share.D2021-12-18Promoter700
Gandhi (Nayna Rajendra)Gift at price 0.00 per share.D2021-12-18Promoter500
Gandhi (Nayna Rajendra)Gift at price 0.00 per share.D2021-12-16Promoter1k
Desai (Jagdish Manharlal) HUFSale at price 12.75 per share.D2021-12-07Promoter400
Desai (Jagdish Manharlal) HUFSale at price 13.11 per share.D2021-08-30Promoter408
Desai (Jagdish Manharlal) HUFSale at price 14.36 per share.D2021-06-08Promoter300
Desai (Jagdish Manharlal) HUFSale at price 14.73 per share.D2021-06-04Promoter620
Desai (Jagdish Manharlal)D2019-03-27Promoter2.7k
Desai (Jagdish Manharlal) HUFD2019-03-12Promoter50
Desai (Jagdish Manharlal) HUFD2019-03-11Promoter300
Desai (Jagdish Manharlal) HUFD2019-03-07Promoter70
Desai (Jagdish Manharlal) HUFD2018-12-31Promoter100
Desai (Jagdish Manharlal) HUFD2018-12-17Promoter47
Desai (Jagdish Manharlal) HUFD2018-11-09Promoter256
Desai (Jagdish Manharlal) HUFD2018-10-12Promoter7
Desai (Jagdish Manharlal) HUFD2018-10-11Promoter15
Desai (Jagdish Manharlal) HUFD2018-10-04Promoter291
Desai (Jagdish Manharlal) HUFD2018-10-03Promoter617
Desai (Jagdish Manharlal) HUFD2018-09-26Promoter529
Desai (Jayavanti M)D2018-08-30Promoter75
Desai (Jayavanti M)D2018-08-28Promoter90
Desai (Jagdish Manharlal) HUFD2018-05-31Promoter177
Desai (Jagdish Manharlal) HUFD2018-05-24Promoter209
Aarav TrustD2018-04-19Promoter13.6k
Gandhi (Harish Rajendra)D2018-04-19Promoter12.6k
Gandhi (Vaishali Rajendra)D2018-03-09Chairman of the Board800
Enarjee Consultancy & Trading Co LLPD2018-03-05Promoter620
Gandhi (Harish Rajendra)D2018-03-05Director (Executive)500
Gandhi (Nayna Rajendra)D2018-03-05Additonal Director300
Gandhi (Rajendra Vadilal) HUFD2018-03-05Promoter375
Gandhi (Vaishali Rajendra)D2018-03-05Chairman of the Board375
Desai (Jagdish Manharlal) HUFD2018-01-12UNREPORTED30

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GRP LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GRP LTD

Here is the result of two systematic investment strategies applied to GRP LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GRP LTD

The following chart shows the equity curve of the two systematic investment strategies applied to GRP LTD:

GRP LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 57.55% on the backtest period.

Performance at glance

Performance

57.55 %

Latent gain

4542.45 ₹

Invested capital

7892.85 ₹

Annualized return

13.51 %
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Momentum strategy results on GRP LTD

This is the result of two momentum investment strategies applied to GRP LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GRP LTD

The following chart shows all the entries opened by the momentum investment system on GRP LTD:

GRP LTD momentum entries
  • The first momentum investment strategy would give 34.92% of return on GRP LTD. That represents 3218.45₹ of latent gain with 9216.85₹ of employed capital.
  • The second momentum investment strategy would give 50.97% of return on GRP LTD. That represents 4664.75₹ of latent gain with 9152.25₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

34.92 %

Latent gain

3218.45 ₹

Invested capital

9216.85 ₹

Annualized return

34.3 %
Performance at glance (2Q Momentum)

Performance

50.97 %

Latent gain

4664.75 ₹

Invested capital

9152.25 ₹

Annualized return

13.48 %

Momentum equity curve on GRP LTD

The following chart shows the equity curve of the two momentum strategies applied to GRP LTD:

GRP LTD momentum equity

Note: the dividends potentially given by GRP LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GRP LTD

The following chart shows the employed capital evolution of the two momentum strategies on GRP LTD since the beginning:

GRP LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on GRP LTD

Buy the dip entry openings on GRP LTD

GRP LTD

The performance achieved by the robo-advisor on GRP LTD is 77.51%. That represents 1809.95$ of latent gain with 2335.15₹ of employed capital. The following chart shows GRP LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GRP LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

77.51 %

Latent gain

1809.95 ₹

Invested capital

2335.15 ₹

Annualized return

34.3 %

Equity curve of the strategy applied to GRP LTD

The following chart shows the result of the investment strategy applied to GRP LTD:

GRP LTD

Note: the dividends potentially given by GRP LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GRP LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on GRP LTD:

GRP LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GRP LTD

In this section, I will compare the three previous investment strategies applied to GRP LTD.

Equity curve comparison on GRP LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GRP LTD investment strategy comparison

Employed capital comparison on GRP LTD

GRP LTD investment comparison

Performance comparison on GRP LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 57.55% 4542.45₹ 7892.85₹ 13.51%
Momentum 1 quarter 34.92% 3218.45₹ 9216.85₹ 8.69%
Momentum 2 quarters 50.97% 4664.75₹ 9152.25₹ 13.48%
Non-directional 77.51% 1809.95₹ 2335.15₹ 34.3%
Annualized return comparison

Automatic investment

13.51 %

Momentum 1Q

13.48 %

Momentum 2Q

13.48 %

Non-directional

34.3 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GRP LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between GRP LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of GRP LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GRP LTD
Country India
City Mumbai
Address Kohinoor City Commercial I
Phone 91 22 6708 2600
Website www.grpweb.com
FullTime employees
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker GRPLTD.XNSE
Market

GRP LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown