Integrated Filing — IndAS



General information about company
Scrip Code 531449
NSE Symbol GRMOVER
MSEI Symbol NOTLISTED
ISIN INE192H01020
Name of company GRM OVERSEAS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   17:00:00
End date and time of board meeting 28-May-2025   20:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2913866000 13481928000
Other income 51176000 260048000
Total income 2965042000 13741976000
2 Expenses
(a) Cost of materials consumed 1895858000 7718559000
(b) Purchases of stock-in-trade 406400000 4115266000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -163030000 -593106000
(d) Employee benefit expense 32959000 122005000
(e) Finance costs 79701000 177571000
(f) Depreciation, depletion and amortisation expense 8428000 31059000
(f) Other Expenses
1 Other Expenses 415185000 1323206000
Total other expenses 415185000 1323206000
Total expenses 2675501000 12894560000
3 Total profit before exceptional items and tax 289541000 847416000
4 Exceptional items 0 0
5 Total profit before tax 289541000 847416000
6 Tax expense
7 Current tax 85182000 240825000
8 Deferred tax -411000 -5771000
9 Total tax expenses 84771000 235054000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 204770000 612362000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 204770000 612362000
17 Other comprehensive income net of taxes -3384000 -4776000
18 Total Comprehensive Income for the period 201386000 607586000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 201131000 601179000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 257000 6407000
21 Details of equity share capital
Paid-up equity share capital 120000000 120000000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 3776872000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.41 10.21
Diluted earnings (loss) per share from continuing operations 2.96 8.87
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.41 10.21
Diluted earnings (loss) per share from continuing and discontinued operations 2.96 8.87
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 395170000
Capital work-in-progress 539000
Investment property
Goodwill 3943000
Other intangible assets 3393000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 100000000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 67000
Total non-current financial assets 100067000
Deferred tax assets (net)
Other non-current assets 6573000
Total non-current assets 509685000
2 Current assets
Inventories 3139388000
Current financial asset
Current investments 5766000
Trade receivables, current 4800545000
Cash and cash equivalents 494192000
Bank balance other than cash and cash equivalents 34069000
Loans, current 0
Other current financial assets 45465000
Total current financial assets 5380037000
Current tax assets (net) 78449000
Other current assets
Total current assets 8597874000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 9107559000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 120000000
Other equity 4136361000
Total equity attributable to owners of parent 4256361000
Non controlling interest 26578000
Total equity 4282939000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 15930000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 15930000
Provisions, non-current 5027000
Deferred tax liabilities (net) 17569000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 38526000
Current liabilities
Current financial liabilities
Borrowings, current 3625713000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 37072000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 248371000
Total Trade payable 285443000
Other current financial liabilities 52754000
Total current financial liabilities 3963910000
Other current liabilities 790526000
Provisions, current 1309000
Current tax liabilities (Net) 30349000
Deferred government grants, Current
Total current liabilities 4786094000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 4824620000
Total equity and liabilites 9107559000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Food 2653525000 10302164000
2 Edible Oil 259627000 3031505000
3 Others 714000 148259000
Total Segment Revenue 2913866000 13481928000
Less: Inter segment revenue
Revenue from operations 2913866000 13481928000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Food 253330000 631972000
2 Edible Oil 1481000 7911000
3 Others 151000 2481000
Total Profit before tax 254962000 642364000
i. Finance cost 192000 192000
ii. Other Unallocable Expenditure net off Unallocable income -34771000 -34771000
Profit before tax 289541000 847417000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Food 8827486000 8827486000
2 Edible Oil 18625000 18625000
3 Others 79558000 79558000
Total Segment Asset 8925669000 8925669000
Un-allocable Assets 181890000 181890000
Net Segment Asset 9107559000 9107559000
4 Segment Liabilities
Segment Liabilities
1 Food 4745387000 4745387000
2 Edible Oil 11902000 11902000
3 Others 49007000 49007000
Total Segment Liabilities 4806296000 4806296000
Un-allocable Liabilities 18323000 18323000
Net Segment Liabilities 4824619000 4824619000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/losses on defined benefit plans -227000 -131000
2 Foreign Currency Translation Reserve -3502000 -4966000
Total Amount of items that will not be reclassified to profit and loss -3729000 -5097000
2 Income tax relating to items that will not be reclassified to profit or loss -57000 -33000
3 Amount of items that will be reclassified to profit and loss
1 Unrealised Gain on Current Investment 385000 385000
Total Amount of items that will be reclassified to profit and loss 385000 385000
4 Income tax relating to items that will be reclassified to profit or loss 97000 97000
5 Total Other comprehensive income -3384000 -4776000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 847416000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 168123000
Adjustments for decrease (increase) in inventories -963226000
Adjustments for decrease (increase) in trade receivables, current 43705000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 783947000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 30216000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 62765000
Net cash flows from (used in) operations 910181000
Dividends received 0
Interest paid 0
Interest received -10316000
Income taxes paid (refund) 273031000
Other inflows (outflows) of cash -3455000
Net cash flows from (used in) operating activities 623379000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 80000000
Other cash payments to acquire equity or debt instruments of other entities 100000000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 10050000
Purchase of property, plant and equipment 75157000
Proceeds from sales of investment property 0
Purchase of investment property -385000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 10316000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -2881000
Net cash flows from (used in) investing activities -77287000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 340125000
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 289419000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 168124000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -117418000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 428674000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 428674000
Cash and cash equivalents cash flow statement at beginning of period 65518000
Cash and cash equivalents cash flow statement at end of period 494192000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Mehra Goel & Co. Yes 30-Sep-2027