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GRP Limited is currently in a long term uptrend where the price is trading 14.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.4.
GRP Limited's total revenue sank by 6.6% to $846M since the same quarter in the previous year.
Its net income has increased by 656.5% to $16M since the same quarter in the previous year.
Finally, its free cash flow grew by 1030.4% to $296M since the same quarter in the previous year.
Based on the above factors, GRP Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE137I01015 |
Sector | Consumer Cyclical |
Industry | Auto Parts |
Market Cap | 15B |
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Beta | 0.42 |
Dividend Yield | 0.3% |
Target Price | 4874 |
PE Ratio | 65.07 |
GRP Limited manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally. The company operates in Reclaim Rubber and Others segments. It offers reclaim natural and synthetic rubber products for use in inner liners and tubes, tyre side walls and piles, tyre treads and retreads, conveyor belts, moulded goods, adhesives, and footwear, as well as rubber mattings, profiles, and roofing; and POLYCOAT, an elastic powder in compounded form, which is used in NBR based molded products, metal to rubber bonded parts, NBR based oil seals, NBR matting/sheeting, and NBR-PVC blend, as well as use in tyres, conveyor belts, molded products, sheeting/matting, tread rubber, seals/gaskets, and flaps applications. The company also provides engineering plastics comprising glass filled and unfilled reprocessed nylon 6 and modified nylon 6,6 used in automotive, electrical and electronics, consumer, and industrial applications; repurposed polyolefins, such as impact copolymer polypropylene, IC PP custom colors, and PP based elastomers used in paint and lubricant pails, automotive battery covers, and pallets; and custom die forms consisting of link, door, and industrial mats, as well as dock bumpers primarily for use in civil and agricultural applications. In addition, it generates power from windmill; offers polymer composite products, including boards, wheel chocks, and assembled products used in logistics, construction, oil and gas, aviation, marine, industrial, and agriculture applications; and develops poly-blends and thermoplastic elastomers. The company was formerly known as Gujarat Reclaim and Rubber Products Limited and changed its name to GRP Limited in June 2012. GRP Limited was incorporated in 1974 and is headquartered in Mumbai, India.
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