Synopsis:
GRM Overseas promoters Atul and Mamta Garg sold 16.25 lakh shares worth ₹58.01 crore, and buyers include Singularity Equity Fund I, RG Family Trust, and Nikhil Vora.
This small-cap FMCG stock, engaged in milling, processing, and marketing branded and non-branded basmati rice, spices, atta, and ready-to-eat products in domestic and international markets, jumped 1.38 percent after the promoter sold a stake worth Rs. 58.01 crore through a Block deal.
With a market capitalization of Rs. 2,282.91 crores, the share of GRM Overseas Limited has reached an intraday high of Rs. 377 per equity share, rising nearly 1.38 percent from its previous day’s close price of Rs. 371.85. Since then, the stock has retreated and is currently trading at Rs. 372.10 per equity share.
What is the news?
On 25th September 2025, the promoters of GRM Overseas Limited, Atul Garg, sold 10 lakh shares at a price of Rs. 357 per share, amounting to about Rs. 35.7 crore. Mamta Garg sold 6.25 lakh shares at the same price of Rs. 357 per share, amounting to about Rs. 22.31 crore.
Together, the promoters of GRM Overseas Limited, Atul Garg and Mamta Garg, sold a total of 16.25 lakh shares in a block deal worth Rs. 58.01 crore, which is around a 2.6 percent stake in the company.
On the other hand, these shares were bought by three investors. Singularity Equity Fund I purchased 6.90 lakh shares at Rs. 357 per share, for about Rs. 24.63 crore. RG Family Trust bought 6.25 lakh shares at Rs. 357 per share, worth Rs. 22.31 crore. Nikhil Vora acquired 3.10 lakh shares at the same price of Rs. 357 per share, totaling about Rs. 11.07 crore.
Management Guidance
The company has set a clear vision for FY28 with strong growth targets in both India and international markets. In India, revenue is planned to rise from Rs. 539 crores in FY25 to Rs. 2,000 crores by FY28, which an increase of 271.06 percent in three years.
On the global side, revenue is expected to grow by 91.57 percent in three years from Rs. 783 crores in FY25 to Rs. 1,500 crores. By FY28 the business mix will be around 57 percent from India and 43 percent from international operations, showing balanced growth across markets.
Company Overview
GRM Overseas Limited is a leading Indian food processing company, primarily engaged in milling, processing, and marketing branded and non-branded basmati rice for both domestic and overseas markets. The company is India’s third-largest basmati rice exporter, with over 45 years of experience, distributing to more than 38 countries across the Middle East, UK, US, Europe, and more.
Distribution & Supplier Network
GRM Overseas Limited sells its products through many distributors, local stores, and big online and retail stores like Amazon, Jio Mart, CityMall, and Walmart. It works with more than 240 suppliers to keep its shelves stocked and serve about 1.3 billion customers through 125 distributors across India.
Recent quarter results
Coming into financial highlights, GRM Overseas Limited’s revenue has decreased from Rs. 370 crore in Q1 FY25 to Rs. 327 crore in Q1 FY26, which is a drop of 11.62 percent. The net profit has grown by 5.56 percent from Rs. 18 crore in Q1 FY25 to Rs. 19 crore in Q1 FY26. GRM Overseas Limited’s revenue and net profit have grown at a CAGR of 12.45 percent and 13.77 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 13.5 percent and 16 percent, respectively. GRM Overseas Limited has an earnings per share (EPS) of Rs. 10.10, and its debt-to-equity ratio is 0.86x.
Written By – Nikhil Naik
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