GRM Overseas promoter buys 1.5 lakh shares as stock cracks 8% on margin squeeze
Atul Garg lifted promoter group stake via open-market purchase of 1,50,000 shares in rice exporter GRM Overseas. Q4FY26 revenue doubled to ₹597 cr but EBITDA margin halved to 5% from 11.2%, sending the stock down 8.3% to ₹90.30. FY26 revenue rose 31% to ₹1,769 cr; net profit up 21% to ₹74.34 cr.
What happened
FMCG and rice exporter GRM Overseas saw promoter Atul Garg buy 1.5 lakh shares via open market, lifting promoter group stake. Q4FY26 revenue doubled to ₹597 cr
Key facts
- 1,50,000 shares bought
- promoter holding 12,97,64,445 shares
- share price ₹90.30 BSE (-8.32%)
- Q4FY26 net profit ₹21.61 cr (+5.51%)
- Q4 revenue ₹597.20 cr (+104.94%)
- EBITDA ₹30 cr
- EBITDA margin 5% vs 11.2%
- FY26 net profit ₹74.34 cr (+21.39%)
- FY26 revenue ₹1,769.20 cr (+31.22%)
Why this matters
GRM's stretched margins and willing promoter capital make it a watch-list candidate for branded-rice consolidation or a strategic stake play while the stock is dislocated.