GRM Overseas: Promoter Buys 100,000 Shares, Dubai Expansion, and FY2025 Revenue Growth

GRM Overseas Limited informed exchanges on March 6 that a promoter increased the holding. After the disclosure, GRM Overseas Ltd (GRMOVER) closed at Rs 157.60 on the NSE. The price fell 3.24% from Rs 162.88 in the prior session. During the day, the stock moved between Rs 161.70 and Rs 152.79.

The filing said Atul Garg, promoter and managing director, bought 1,00,000 equity shares on March 5, 2026. Each share carried a face value of Rs 2. The promoter group reported the trade under SEBI takeover rules. These rules require disclosures once trades cross set thresholds.

Despite the March 6 fall, the stock delivered about 80% over one year. It stayed below the 52-week high of Rs 185.45. It traded well above the 52-week low of Rs 75.74. Over the last six months, the share price rose by nearly 31%. The company’s market value stood near Rs 3,311.43 crore.

GRM Overseas promoter buys shares; Dubai expansion

Consolidated revenue rose from about Rs 770 crore in FY2021 to around Rs 1,347 crore in FY2025. Screener showed sales of about Rs 1,463 crore on a TTM basis. TTM net profit stood near Rs 73 crore. Net profit increased from Rs 45 crore in FY2021 to nearly Rs 61 crore in FY2025.

MetricFY2021FY2025
Consolidated revenue~Rs 770 crore~Rs 1,347 crore
Net profitRs 45 crore~Rs 61 crore
Shareholders’ funds~Rs 135 crore~Rs 426 crore
Sales (TTM)~Rs 1,463 crore
Net profit (TTM)~Rs 73 crore

GRM Overseas business updates and overseas expansion

GRM Overseas bought GRM ARABIA FZCO in Dubai on February 27, 2026. The company said the unit supports a distribution and marketing centre in the United Arab Emirates. Earlier, on 26 December 2025, GRM Overseas allotted 12.27 crore fully paid-up bonus equity shares. The bonus issue ratio was 2:1.

Founded in 1974, GRM Overseas is headquartered in Panipat and sells branded Basmati rice. The company markets products under 10X, Tanoush, and Himalaya River. It operates across more than 42 countries. Recent promoter buying, corporate actions, and the Dubai acquisition were disclosed alongside trading data and updated financial figures.

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