GRP Limited — PPTs, 16-05-2026: Investor Presentation

GRP reported a challenging FY26. Consolidated total income slipped slightly to **₹538 Cr**, while EBITDA fell **38%** to **₹42.9 Cr** and PAT declined **85%** to **₹4.6 Cr**. Profitability was hit by higher raw material costs, US tariffs impacting reclaim rubber exports, one-time expenses, and initial losses from the new Pyrova business segment. Domestic reclaim rubber sales showed strength, partially offsetting export weakness.

Management highlighted that growth in crumb rubber and pyrolysis oil businesses provided support. The company is actively expanding capacity for reclaim rubber (targeting **110KTA by FY30**) and end-of-life tire processing, including new Pyrova Energy units for TPO and rCB (targeting **130KTA by FY30**). They also aim for **₹90-100 Cr** in capex for FY27. The outlook focuses on capacity expansion, starting rCB production, and leveraging sustainability demand, with new guidelines expected to boost profitability.