ScoutQuest26 Oct 2026
Grovy India539522Quarterly results

Grovy India H1 FY27 revenue up 129.84% to ₹5,476.09 lakh; borrowings cut 89.62% after ₹15.01 crore preferential issue

H1 FY27 revenue up 129.84% to ₹5,476.09 L, Q2 PAT ₹201.83 L, borrowings cut 89.62% to ₹259.01 L.

By ScoutQuest · · 1 min read

₹5,476.09 L×2.30
2025₹2,382.53 L2026₹5,476.09 L
Revenue, six months ended 30.09.: ₹2,382.53 L (2025) and ₹5,476.09 L (2026).
H1 Revenue
₹5,476.09 lakh, up 129.84% from ₹2,382.53 lakh
Q2 PAT
₹201.83 lakh (+6.16% QoQ)
Total Borrowings
fell from ₹2,496.19 lakh to ₹259.01 lakh (down 89.62%)
Period
Q2 FY 2026-27 / half-year ended 30.09.2026
Positioning
Grovy describes itself as a niche boutique luxury developer focused on South and Lutyens Delhi redevelopment, incorporated in 1985 with 150+ projects delivered.

📈 Revenue for the six months ended 30.09.2026 rose 129.84% to ₹5,476.09 lakh from ₹2,382.53 lakh, already above full-year FY26 revenue of ₹3,534.88 lakh. Q2 PAT was ₹201.83 lakh (+6.16% QoQ), EBITDA ₹316.09 lakh, and H1 EPS ₹2.67.

📉 Total borrowings fell from ₹2,496.19 lakh to ₹259.01 lakh between March and September 2026, while total assets rose to ₹7,764.94 lakh. The ₹15.01 crore preferential issue of 41,69,433 shares at ₹36 took paid-up equity to ₹17.51 crore.

📌 The company positions itself as a niche luxury redeveloper in supply-constrained South Delhi, and says Delhi Master Plan 2047 supports its redevelopment-led model, citing a ₹6 lakh crore market potential across 40 colonies.

🎯 Management states it is pursuing the balance ~₹25 crore of a ₹40 crore FY27 fund-raising target, aims to scale towards 20-25 projects annually over three years with Golden Growth Fund, and aims to list on NSE within three years, all subject to approvals and market conditions.

41st AGM Approved ₹0.10 final dividend and preferential issue
Q1 FY27 results
Preferential issue allotment 41,69,433 shares at ₹36
41st AGM 8 Jul 2026 · Q1 FY27 results 23 Jul 2026 · Preferential issue allotment 4 Aug 2026
More numbers
  • Revenue, six months ended 30.09.2026₹5,476.09 L
  • Revenue, six months ended 30.09.2025₹2,382.53 L
  • Revenue growth YoY, H1+129.84%
  • Profit after tax, Q2 FY27₹201.83 L
  • EBITDA, Q2 FY27₹316.09 L
  • EPS, six months₹2.67
  • ROCE7.10%
  • Total assets, 30.09.2026₹7,764.94 L
  • Revenue, full year FY 2025-26₹3,534.88 L
  • Total borrowings, 30.09.2026₹259.01 L
  • Total borrowings, 31.03.2026₹2,496.19 L
  • Preferential issue proceeds₹15.01 crore
  • Shares allotted in preferential issue41,69,433
  • FY27 fund-raising target₹40 crore
Source: BSE · 26 Oct 2026

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