Grovy India MD and chairman
Share price at the BSE close on 2 Nov 2026. Previous close ₹61.71.
2 Nov: open ₹61.71, high ₹63.71, low ₹61.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹108 Cr3,330th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 20.14
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.57
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.16%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 16.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 14.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.06
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 195
Grovy India's chairperson and managing director is PRAKASH CHAND JALAN, as filed for the quarter to Sep 2026.
Grovy India board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorPRAKASH CHAND JALANRelated to the promoter
6 directors3 independent1 executive2 non-executive
- PRAKASH CHAND JALAN · Chairperson and managing directorExecutive · joined Jun 1990 · reappointed Jun 2026 · 3 months as independent · 1 listed board · 2 committee seats
- ANITA JALANNon-executive · joined Sep 1995 · reappointed Jul 2026 · 2 months as independent · 1 listed board
- ANKUR JALANNon-executive · joined Jun 2026 · 3 months as independent · 1 listed board · 1 committee seat
- JAY NANDAN JHAIndependent · joined Dec 2020 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 1 committee seat
- NAWAL KISHORE CHOUDHURYIndependent · joined Mar 2020 · reappointed Mar 2025 · 18 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- ANUPAM SINGH SISODIAIndependent · joined Mar 2025 · 18 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- NISHIT JALAN, left 12 Jun 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 27 Jul 20263 of 6 present3 independent · 3 days in between
- 23 Jul 20266 of 6 present3 independent · 40 days in between
- 12 Jun 20266 of 6 present3 independent · 2 days in between
- 9 Jun 20266 of 6 present3 independent · 39 days in between
1 earlier meeting
- 30 Apr 20266 of 6 present3 independent
Audit Committee
Chair NAWAL KISHORE CHOUDHURY
JAY NANDAN JHA, PRAKASH CHAND JALAN
- 4 Aug 20263 of 3 present2 independent
- 23 Jul 20263 of 3 present2 independent · 40 days in between
- 12 Jun 20263 of 3 present2 independent · 1 day in between
- 30 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair NAWAL KISHORE CHOUDHURY
JAY NANDAN JHA, ANKUR JALAN
- 10 Jun 20263 of 3 present2 independent · 4 days in between
- 5 Jun 20263 of 3 present2 independent · 35 days in between
Stakeholders Relationship Committee
Chair NAWAL KISHORE CHOUDHURY
PRAKASH CHAND JALAN, ANKUR JALAN
No meeting listed in the filing.
Internal Complaints Committee
Chair ANITA JALAN
PRAKASH CHAND JALAN, ANKUR JALAN, POOJA KADYAN
No meeting listed in the filing.
Preferential Issue Committee
Chair PRAKASH CHAND JALAN
NISHIT JALAN, ANKUR JALAN
- 4 Aug 20263 of 3 present0 independent · 11 days in between
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Ajay Rattan & Co.Peer-review certificate valid to Nov 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyOffice of the Deputy Commissioner of Income Tax, Central Circle 14, Delhi (Income Tax Department)Since 25 Sep 2026
Penalty order under Section 271AAC (1) of the Income-tax Act, 1961 imposing a penalty of ₹6,00,000 (Rupees Six Lakh only), with a consequential demand notice for the same amount.
The penalty has been levied under Section 271AAC (1) of the Income-tax Act, 1961, in relation to the tax determined under Section 115BBE on the addition of ₹1,00,00,000 made by the Assessing Officer under Section 68 of the Income-tax Act, 1961, in respect of unsecured loans, pursuant to the assessment order passed under Section 147 read with Section 144B for FY 2019-20 (AY 2020-21). The said addition was upheld by the Commissioner of Income Tax (Appeals) vide order dated 13th January 2026.MoreLess
- Tax disputeIncome Tax DepartmentSince 20 Feb 2025
The Company has filed an appeal before the Income Tax Appellate Tribunal (ITAT) against the Order dated January 13, 2026 passed by the Commissioner of Income Tax (Appeals) under Section 250 of the Income-tax Act, 1961. Further, Company has received an order dated September 25, 2026 passed by the Deputy Commissioner of Income Tax, Central Circle 14, Delhi under Section 271AAC(1) of the Income-tax Act, 1961, imposing a penalty of ₹6,00,000, along with the related notice of demand under Section 156 of the said Act.MoreLess
At the filing before: In continuation of our earlier disclosures dated February 27, 2025 and March 21, 2025 regarding the assessment order passed by the Income Tax Department and the subsequent filing of appeal by the Company, the Company received the order from the office of the Commissioner of Income Tax (Appeals) under Section 250 of the Income-tax Act, 1961 on 13-01-2026 in respect of the assessment order passed under Section 147 read with Section 144B for FY 2019-20 (AY 2020-21), upholding the Assessing Officer's order wherein an addition of Rs 1,00,00,000 was made on account of unsecured loans, resulting in a tax demand of Rs 119.24 lakhs (Rs 78.00 lakhs tax and Rs 41.24 lakhs interest). Further, the disclosure submitted on 14-01-2026 that The Company has filed an appeal before the Income Tax Appellate Tribunal (ITAT) against the Order dated January 13, 2026 passed by the Commissioner of Income Tax (Appeals) under Section 250 of the Income-tax Act, 1961.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJul 2026 | 15.01 | Repayment/ Prepayment of Loans | 7.00 | 7.00 | No |
| Preferential IssuesJul 2026 | 15.01 | Development of existing Projects of the Company namely: i. C 8 Anand Niketan, New Delhi ii. A 138 Neeti Bagh, New Delhi iii. B 107 Gulmohar Park, New Delhi | 5.01 | 3.85 | No |
| Preferential IssuesJul 2026 | 15.01 | General Corporate Purposes | 3.00 | 3.00 | No |