GRM Overseas Q4 revenue doubles to ₹597 cr, but EBITDA margin halves to 5%
Rice exporter GRM Overseas (Kamdhenu, Chef brands) posted Q4FY26 revenue of ₹597.20 cr, up 104.94% YoY, while net profit rose 5.51% to ₹21.61 cr. EBITDA margin compressed sharply to 5.00% from 11.20%. FY26 PAT climbed 21.39% to ₹74.34 cr on revenue of ₹1,769.20 cr (+31.22%). Stock at ₹160.05, up 58% YoY.
What happened
Rice exporter GRM Overseas (brands Kamdhenu, Chef) reported Q4FY26 revenue doubling to ₹597 cr but EBITDA margin halved to 5%. FY26 PAT rose 21% to ₹74 cr;
Key facts
- Q4 net profit ₹21.61 cr (+5.51%)
- Q4 revenue ₹597.20 cr (+104.94%)
- Q4 EBITDA ₹30 cr
- EBITDA margin 5.00% vs 11.20%
- FY26 PAT ₹74.34 cr (+21.39%)
- FY26 revenue ₹1,769.20 cr (+31.22%)
- stock ₹160.05
Why this matters
GRM's scale-up of Kamdhenu/Chef brands at thin 5% EBITDA margins suggests vulnerability to consolidation or strategic capital from players who can fix the margin structure.