Madhu Kela-backed FMCG stock sets board meeting date to declare Q2 results 2025, bonus shares

GRM Overseas Ltd's board will meet on November 13, 2025, to review Q2 results and consider bonus equity shares. The company reported Q1 FY26 net sales of 334.4 crore and a net profit of 19.1 crore, with a fiscal year net sales increase of 2.2%.

Dhanya Nagasundaram
Published7 Nov 2025, 01:56 PM IST
Madhu Kela-backed FMCG stock sets board meeting date to declare Q2 results 2025, bonus shares
Madhu Kela-backed FMCG stock sets board meeting date to declare Q2 results 2025, bonus shares

The board of directors of GRM Overseas Ltd is scheduled to meet on Thursday, November 13, 2025 to consider and approve Q2 results 2025, as per the company's announcement in an exchange filing.

The company announced that its board of directors will review a proposal for the declaration and recommendation of bonus equity shares, pending necessary approvals.

The Q1 FY26 results for the company show net sales of 334.4 crore and a net profit of 19.1 crore. For the entire fiscal year 2025, GRM Overseas experienced a net sales increase of 2.2%, reaching 1,374.2 crore, while net profit rose by 1% to 61.24 crore compared to the previous year.

Also Read | Venky's Q2 Results: Firm posts net loss of ₹27 crore vs profit a year ago

The company showcases a strong return on equity of 16% and a return on capital employed of 14%, with a three-year average ROE of 20%, as per reports.

As per media reports, Singularity Equity Fund I, led by veteran investor Madhu Kela along with his son Yash Kela, has recently purchased 690,000 shares in the firm. According to BSE data, for the quarter that ended in September 2025, Singularity Equity Fund I possesses a 1.37% stake.

Also Read | Go Fashion Q2 Results: Profit rises 6% YoY to ₹22 crore; margins decline

GRM Overseas share price today

GRM Overseas share price today opened at 443.30 apiece on the BSE, the stock touched an intraday high of 445.75 per share, and an intraday low of 429.80 apiece.

Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, said that GRM Overseas share prices are trading in a strong uptrend , where every minor dip is getting bought into, today, prices are trading with marginal cuts but overall bias remains positive with strong support around 420 and 470 - 480 as next resistance.

Also Read | MCX share price falls over 4% after Q2 results. Should you buy or sell?

“GRM Overseas has delivered a major technical breakout from a 147-week-long cup-and-handle pattern around the 430 mark — a structure that reflects years of accumulation and base building. The breakout is backed by strong volume support, especially on the right side of the formation, indicating steady institutional participation,” said Anshul Jain, Head of Research, Lakshmishree.

The long-term setup looks robust, positioning the stock for a strong trending phase ahead. A sustained move above 430 could unlock a sharp upward trajectory, with potential targets near 700, comfortably surpassing the previous all-time high of 498, believes Jain.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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