GRM Overseas Limited Reports Remarkable FY26 Performance
Total Revenue at Rs. 1,806 Crores in FY26, up 31.4% YoY
EBITDA at Rs. 127 Crores, grew by 20.2% YoY
PAT surged by 24.2% YoY to Rs. 76 Crores
Panipat, Haryana, 30th May 2026: GRM Overseas Limited (herein referred to as “GRM”) announced the unaudited financial results for the quarter and financial year ended March 31, 2026.
Speaking about the performance and recent updates, Mr. Atul Garg, Managing Director, said: “GRM Overseas has delivered a strong performance in FY26, with Total Revenue growing by 31.4% YoY, driven by increased traction in the domestic business, as well as
sustained demand in international markets. EBITDA for the year also registered a 20.2%
growth, while margins were largely sustained despite geopolitical hiccups on account
of increased scale in the domestic business, as well as GRM’s focus on operational
efficiencies.
The branded domestic business has gained significant momentum this year, with
Revenues crossing Rs. 740 Crores in FY26, representing a year-on-year increase of 37%.
In Q4FY26 alone, the domestic business recorded a revenue of Rs. 340 crores, which is a noteworthy achievement. This impressive growth reflects the company’s successful strategies, increased customer demand, and effective execution across various segments. The upward trajectory in revenue underscores the business’ resilience and
its ability to capitalize on emerging opportunities within the domestic market.
During the quarter, we further strengthened our product portfolio with the launch of “10X
Basmati Rice suitable for Diabetics”, marking an important step in our strategy to build
a globally relevant, health-oriented product range.
This product is a direct response to
the growing need of healthy food & lifestyle choices and is our entry into the diabetic
food market, which is expected to grow at a CAGR of 6-8% globally and approximately
10% in India in the next few years.
The international business delivered a sustained performance in FY26, with revenue increasing by 9% YoY to Rs. 854 Crores. While, during the quarter, the international business performance was subdued, due to ongoing geopolitical tensions in the Middle East.
However, we are confident that as we are expanding our presence in the other markets and diversifying our footprints, the overall international business will perform well going forward.
As we conclude FY26, GRM Overseas stands stronger, more diversified, and well positioned for the future. Backed by a consistent focus on quality, brand development, and disciplined execution, we remain confident in our growth trajectory. While the operating environment remains dynamic, our resilient business model provide a strong foundation to deliver sustainable value for all stakeholders.”