What we do GRM Overseas Ltd processes, exports, and sells rice, basmati rice globally, and operates in domestic FMCG food staples under brands like 10X, Kamdhenu, and Chef. |
Founded in 1,974 |
Market share Third largest rice exporter in India with presence in over 38 countries and a growing domestic FMCG footprint. |
Problem solved Provides quality packaged rice and food staples ensuring consumers reliable access to healthy food products domestically and internationally. |
Top clients or who we serve Serves retail consumers via FMCG brands and global importers in over 50 countries, including Middle East, Europe, and USA; B2B and B2C. |
Key management Atul Garg (Managing Director), Mamta Garg (Director), Vedant Garg (Chief Financial Officer), seasoned leadership with global market experience. |
Our journey and innovations From rice trading in 1974 to top global exporter with new FMCG brands launched since 2018, plus strategic ventures in Agrotech and new product lines. |
Where we operate India (domestic market) and exports across Middle East, Europe, USA, and 50+ countries worldwide. |
Top products or what we offer Basmati rice, packaged staples (rice, atta, edible oil), premium brands like Himalaya River, Tanoush, and 10X consumer products. |
Top brands 10X (domestic FMCG), Kamdhenu, Chef, Himalaya River, Tanoush (global basmati brands), Rage Coffee (44% stake in digital coffee brand). |
Raw materials needed Paddy, almond kernels, spices (clove, pista), wheat, edible oil seeds. |
Raw materials supplier Local farmers and third-party suppliers across Punjab, Haryana, Gujarat, and other Indian states. |
Recurring vs cyclical contribution Revenue is a mix of recurring FMCG sales and cyclical export orders influenced by global demand. |
Our industry position Among top 5 global basmati rice exporters and a growing domestic packaged foods player with diversified operations. |
Financial highlights FY25 consolidated revenue Rs.1348 Cr, PAT Rs.61.2 Cr, EBITDA margin ~7.7%, consolidated profit growth of ~5% year-on-year. |
Geographical revenue split Exports contribute 58%, domestic business 42% of revenue as of FY25. |
Order book - |
Whats driving growth Expansion in domestic FMCG via 10X brand, export market penetration, acquisitions like Rage Coffee, and digital-first brand investments. |
Our future plans Aggressive FMCG market capture, new product launches, digital brand acquisitions, ramping exports and improving production efficiencies. |
Our green promise - |
Our people and values Employee-centric culture emphasizing ethics, governance, zero tolerance for corruption, diversity inclusion, and safety. |
Key challenges ahead Raw material price volatility, global trade dynamics, competitive FMCG market pressures, and supply chain complexities. |
Interesting facts Third largest rice exporter in India, launched first digital coffee brand stake under 10X ventures, endorsed by Salman Khan. |
Risks and strategy Mitigates risks through internal controls, risk management policy, diversification of markets, and continuous process optimizations. |
