Grill Splendour ServicesShare price, financial results, shareholding and management

NSE Emerge · BIRDYSLeisure ServicesListed 23 April 2024IPO ₹120
birdys.in ↗Live price on NSE ↗ISIN INE0PC901019 · Lot 1,200 shares · ₹79,800
₹66.50
-5.00% on the day
Close · 5 Nov 2026
Valuation
Market cap
₹47 cr
Stock P/E
-peers 14.7
Book value
₹26.8
Price to book
2.48
EV / operating profit
-
Market cap to sales
4.72
Returns and growth
ROCE · FY26
-57.9%
ROE · FY26
-63.2%
ROE, 3-year average
-37.0%
Operating margin · FY26
-62.0%peers 15.6%
Sales growth, 3 years
-12.6%
Profit growth, 3 years
-
Safety
Debt to equity
0.16peers 0.19
Borrowings
₹3 cr
Interest cover
No interest
Cash from business / op. profit
117%
Debtor days
8
Pledged
0.00%
Ownership and share
Promoter holding
26.87%
Change in promoter holding
-0.70 pts
Shareholders
151
52-week high / low
₹143 / ₹67
Dividend yield
0.00%
Face value
₹10

Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.

newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.

Grill Splendour Services share price chart

₹66.50-54.44% 1 year

Close on 5 Nov 2026 · -5.00% on the day · Vol 2,400

Daily prices to 5 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.

Share price returns

To the close of 5 Nov 2026

1 month
-15.8%
3 months
-24.9%
6 months
-48.0%
1 year
-54.4%
Since IPO
-44.6%
Traded a day, 20 days
₹0.51 cr
Taken for delivery
84%

Business growth

Sales and net profit, from the reported results

SalesProfit
FY26 on FY25-3%-
3 years, a year-13%-
Latest half, H2 FY26-15%-

Grill Splendour Services revenue and profit growth

Half-yearly results · Profit and loss

Sales have fallen.

Sales and net profit, every year, ₹ crore
SalesNet profit
-20-1001020Sales, FY21: 8 ₹ cr8Net profit, FY21: 0 ₹ cr0FY21Sales, FY22: 12 ₹ cr12Net profit, FY22: 0 ₹ cr0FY22Sales, FY23: 15 ₹ cr15Net profit, FY23: 2 ₹ cr2FY23Sales, FY24: 13 ₹ cr13Net profit, FY24: 0 ₹ cr0FY24Sales, FY25: 10.3 ₹ cr10.3Net profit, FY25: -4.8 ₹ cr-4.8FY25Sales, FY26: 10 ₹ cr10Net profit, FY26: -11 ₹ cr-11FY26
The latest halves, ₹ crore
SalesNet profit
-10-50510Sales, H2FY23: 10 ₹ cr10Net profit, H2FY23: 2 ₹ cr2H2FY23Sales, H1FY24: 7 ₹ cr7Net profit, H1FY24: 1 ₹ cr1H1FY24Sales, H2FY24: 7 ₹ cr7Net profit, H2FY24: -1 ₹ cr-1H2FY24Sales, H1FY25: 4 ₹ cr4Net profit, H1FY25: -1 ₹ cr-1H1FY25Sales, H2FY25: 5.9 ₹ cr5.9Net profit, H2FY25: -3.3 ₹ cr-3.3H2FY25Sales, H1FY26: 5 ₹ cr5Net profit, H1FY26: -3.2 ₹ cr-3.2H1FY26Sales, H2FY26: 5 ₹ cr5Net profit, H2FY26: -7 ₹ cr-7H2FY26

SME companies report every six months. In the latest half, sales were lower than in the same half a year before.

Grill Splendour Services half-yearly results

SME companies report every six months · ₹ crore

₹ crore · growth on the same half a year before
H2FY23H1FY24H2FY24H1FY25H2FY25H1FY26H2FY26
Sales107745.854.975
Expenses76769.558.688
Operating profit310-2-3.70-3.72-3
OPM28.0%14.0%-2.8%-36.0%-63.2%-74.9%-50.0%
Interest00100.200.200
Depreciation00000.360.260
Profit before tax21-1-2-4.23-4.15-8
Net profit21-1-1-3.30-3.24-7

Grill Splendour Services profit and loss

Full years to March, FY21 to FY26 · ₹ crore, consolidated where reported

₹ crore
FY21FY22FY23FY24FY25FY26
Sales812151310.2610
Expenses811121315.5117
Operating profit0031-5.25-6
OPM1.4%2.2%19.0%5.0%-51.2%-62.0%
Other income00000.05-5
Interest00010.410
Depreciation00000.481
Profit before tax0030-6.09-12
Tax rate0.0%0.0%33.3%4.0%22.0%-13.0%
Net profit0020-4.75-11
EPS ₹-40301,990-0.63-9.12-16.98
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%

A tax rate above 60% or below zero (FY26) comes from tax charged on a small or negative profit, as reported.

Earnings per share before FY23 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.

Grill Splendour Services profitability

Margins and returns on capital

Last year the company kept less from each rupee of sales than the year before. Its costs were more than its sales. It earns a low return on the money it uses.

Operating margin, every year

Per cent of sales kept before interest, depreciation and tax

-75%-50%-25%0%25%FY21: 1.4%1.4%FY21FY22: 2.2%2.2%FY22FY23: 19.0%19.0%FY23FY24: 5.0%5.0%FY24FY25: -51.2%-51.2%FY25FY26: -62.0%-62.0%FY26
Per cent
FY21FY22FY23FY24FY25FY26
Operating margin1.4%2.2%19.0%5.0%-51.2%-62.0%
Tax rate0.0%0.0%33.3%4.0%22.0%-13.0%
ROCE·0.0%99.7%8.3%-29.5%-57.9%
ROE·0.0%198.0%0.0%-47.9%-63.2%
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%

Grill Splendour Services debt and cash flow

Balance sheet · Cash flow · Working capital

The company's own money, its net worth, has grown fast. Its loans are smaller than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers pay faster than they did in FY24, which frees up the company's money.

Its own money and its borrowings, ₹ crore
Net worthBorrowings
05101520Net worth, FY21: 0 ₹ cr0Borrowings, FY21: 1 ₹ cr1FY21Net worth, FY22: 0 ₹ cr0Borrowings, FY22: 1 ₹ cr1FY22Net worth, FY23: 2 ₹ cr2Borrowings, FY23: 3 ₹ cr3FY23Net worth, FY24: 4 ₹ cr4Borrowings, FY24: 15 ₹ cr15FY24Net worth, FY25: 15.8 ₹ cr15.8Borrowings, FY25: 3.6 ₹ cr3.6FY25Net worth, FY26: 19 ₹ cr19Borrowings, FY26: 3 ₹ cr3FY26
Cash from the business against net profit, ₹ crore
Cash from the businessNet profit
-15-10-505Cash from the business, FY21: 0 ₹ cr0Net profit, FY21: 0 ₹ cr0FY21Cash from the business, FY22: 0 ₹ cr0Net profit, FY22: 0 ₹ cr0FY22Cash from the business, FY23: 2 ₹ cr2Net profit, FY23: 2 ₹ cr2FY23Cash from the business, FY24: 0 ₹ cr0Net profit, FY24: 0 ₹ cr0FY24Cash from the business, FY25: -3.4 ₹ cr-3.4Net profit, FY25: -4.8 ₹ cr-4.8FY25Cash from the business, FY26: -7 ₹ cr-7Net profit, FY26: -11 ₹ cr-11FY26

Bars below the line are cash going out.

Grill Splendour Services balance sheet

At each 31 March · ₹ crore

₹ crore
FY21FY22FY23FY24FY25FY26
Equity capital0.010.010.0145.216
Reserves002010.6113
Net worth0.010.012.01415.8219
Borrowings113153.633
Other liabilities1.991.992.9939.963
Total liabilities3382229.4125
Fixed assets11126.824
Capital work in progress000000
Investments000000
Other assets2272022.5921
Receivables····2.050.21
Inventory····0.200.21
Cash····2.990.33
Trade payables····1.771.43

Grill Splendour Services cash flow

₹ crore

₹ crore
FY21FY22FY23FY24FY25FY26
Cash from operations0020-3.42-7
Cash from investing-10-3-16-5.75-2
Cash from financing0011611.426
Net cash flow-10002.25-3
Capital spending····5.531.78

Working capital

Days

Days
FY21FY22FY23FY24FY25FY26
Debtor days541622738
Inventory days412522211920
Days payable13587143208170134
Cash conversion cycle-89-59-106-164-78-107
Working capital days-29-10-26-321-17-63

Grill Splendour Services peers and competitors

Listed SME companies in the same industry

By sales, Grill Splendour Services is number 23 of the 29 listed SME companies in leisure services.

Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.

CompanyMarket cap ₹ crP/ESales ₹ crProfit ₹ crOp. marginDebt/equity
Landmark Global Learning21-18.3-7.3-47.2%0.23
Saj Hotels4616.516.92.832.1%0.19
Sanghvi Brands127.614.61.611.5%0.00
Pecos Hotels and Pubs2112.911.71.619.7%0.00
Travels & Rentals175.111.53.266.5%0.70
Grill Splendour Services47-10-11-62.0%0.16
Valencia India2310.78.92.251.6%0.21
Mac Hotels48146.24.60.347.6%0.43
Roopshri Resorts49492.32.70.15.2%0.00
Winny Immigration & Education Services7-2.3-6.3-210.8%-
Silver Pearl Hospitality & Luxury Spaces429.610.10.0%0.00
Median of the 10 others2114.710.2115.6%0.19

Grill Splendour Services shareholding pattern

Promoters, FIIs, DIIs, HNIs and small holders

The promoters own less than half the company, a little less than in the first filing shown. Foreign and Indian funds own a noticeable share. The number of shareholders has come down.

Promoters
26.87%
-6.85 pts since Jun 25
Foreign investors (FIIs)
20.32%
+12.37 pts since Jun 25
HNIs (over ₹2 lakh each)
43.27%
-2.21 pts since Sep 25
Small holders (up to ₹2 lakh)
3.83%
-1.33 pts since Sep 25
Companies and others
5.71%
-1.98 pts since Sep 25
Number of shareholders
151
254 in Jun 25

Grill Splendour Services shareholding pattern

Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.

Jun 25Sep 25Nov 25Feb 26Mar 26May 26Jun 26Jul 26
Promoters33.72%33.72%32.57%30.25%30.25%29.17%27.57%26.87%
Foreign investors (FIIs)7.95%7.95%16.89%22.82%22.82%22.01%20.80%20.32%
HNIs (over ₹2 lakh each)-45.48%39.25%36.89%37.69%39.99%43.28%43.27%
Small holders (up to ₹2 lakh)-5.16%3.95%3.50%3.36%3.72%3.50%3.83%
Companies and others-7.69%7.34%6.54%5.88%5.11%4.85%5.71%
Number of shareholders254188171150144153153151

The named holders are at 22 July 2026, beside 3 June 2026, each under the group the pattern files them in.

Grill Splendour Services latest news and announcements

Announcements · Documents · Corporate actions

What changed recently

Each half-year is set against the same half a year earlier

  • H2 FY26: sales ₹5 cr (-15%), net profit -₹7 cr (-) on H2 FY25.
  • Shareholding, 31 July 2026: promoters 27.57% to 26.87%.

Grill Splendour Services announcements

16 on record, latest first; each opens the filing on the exchange

Grill Splendour Services annual reports, earnings calls and documents

Every document links to its source; “read” marks those this page is built from

Offer document

Grill Splendour Services share split, bonus and dividends

From the corporate actions the company announces on the exchange

No share split, bonus issue or dividend is on record since listing.

Checks we ran on Grill Splendour Services' data · 10

Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.

  • !For FY26, H2FY26 the exchange filing's profit lines do not add up as read, so the figures shown are from the results page instead.
  • iThe shares traded on only 97 days in the past year, so the price, its range and the returns here rest on few trades.
  • ✓Balance sheet totals add up for FY25 and FY26.
  • ✓Market cap uses the share count in the latest shareholding pattern (71,01,800 shares).
  • !The FY26 results imply 60,00,000 shares at face value ₹10, which disagrees with the shareholding pattern; the pattern is used.
  • ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
  • ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
  • ✓The two half-years of FY26 add up to the full-year sales.
  • ✓Revenue and profit are reported for every year shown, FY21 to FY26.
  • iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.

Questions people ask about Grill Splendour Services

What does Grill Splendour Services do?

Grill Splendour Services is an SME company listed on NSE Emerge, in leisure services.

What is the share price of Grill Splendour Services?

₹66.5 at the close on 5 Nov 2026, from the exchange's daily figures.

What is the market cap of Grill Splendour Services?

₹47 cr at the close on 5 Nov 2026, on 71,01,800 shares.

What are Grill Splendour Services' revenue and profit?

Revenue ₹10 cr and profit after tax -₹11 cr in FY26.

Who are the promoters of Grill Splendour Services?

The promoter group; promoters held 26.87% at 31 July 2026.

What was the IPO price of Grill Splendour Services?

₹120 a share; it listed on 23 April 2024.

What is Grill Splendour Services' website?

www.birdys.in

More SME companies like Grill Splendour Services

Other listed SME companies in leisure services, the closest in size first, each read from its own documents.

Every listed SME company in Leisure Services → · SME companies listed in 2024 →

Built from 16 exchange announcements, 8 shareholding patterns and 6 years of reported results. Every figure carries its source; where the documents are silent, the page says so.