Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹32 Cr.
Stock P/E
6.9
P/B
0.4
Current Price
₹0.5
Book Value
₹ 1.2
Face Value
1
52W High
₹1.6
52W Low
₹ 0.5
Dividend Yield
0%

Growington Ventures Overview

Business

Growington Ventures India Ltd. is primarily engaged in the travel, hospitality, and lifestyle sectors. Formerly known as Amrapali Fincap Ltd. and involved in financial services, the company has pivoted its business strategy. It now focuses on providing bespoke luxury travel experiences, hospitality services, and curated lifestyle products, often targeting high-net-worth individuals and corporate clients. The company aims to consolidate its presence in these evolving segments through its various ventures and recent acquisitions. It also has a presence in digital marketing and advertising services.

Revenue Mix

While specific revenue breakdowns are not consistently available for the newly focused segments, the company's operations are broadly concentrated in:

Luxury Travel & Hospitality: Offering bespoke holiday packages, luxury stays, destination management, and related hospitality services, likely through its Growington Hospitality venture.

Lifestyle Products: Curating and providing premium lifestyle products, potentially through its Boutique Living India Private Limited acquisition.

Digital Marketing & Advertising: Providing services in digital strategy, brand promotion, and online advertising.

(Historically, it had financial advisory services, but the current emphasis is on the above segments.)

Industry

The company operates in the highly competitive and fragmented Indian travel, hospitality, and lifestyle market. The travel services industry includes large online travel agencies (OTAs), traditional tour operators, and niche luxury travel providers. Growington Ventures positions itself in the premium and luxury segment, focusing on bespoke experiences rather than mass-market offerings. Given its relatively small size and recent strategic pivot, it is currently a minor player within the broader industry, aiming to carve out a niche in the high-end segment.

MOAT

Growington Ventures India Ltd. currently appears to have limited durable competitive advantages.

Brand: While aiming for the luxury segment, establishing a strong, recognized brand in bespoke travel and lifestyle takes significant time and investment.

Scale: It does not possess the scale advantages of larger diversified players or established hotel chains.

Network/Switching Costs: There are no apparent significant network effects or high switching costs for its customers in the travel or lifestyle segments. Its potential "moat" would likely stem from exceptional service quality, strong client relationships in the luxury niche, and unique product curation, which are yet to be firmly established as durable advantages.

Growth Drivers

Increasing Disposable Incomes: Growing affluence in India is fueling demand for luxury travel, bespoke experiences, and premium lifestyle products.

Expansion of Luxury Travel Market: The Indian luxury travel segment is experiencing robust growth, providing a fertile ground for specialized service providers.

Strategic Acquisitions/Diversification: Successful integration and synergistic growth from recent acquisitions (like Boutique Living India Private Limited and Growington Hospitality Private Limited) could drive expansion.

Digital Adoption: Leveraging digital marketing capabilities to reach and engage with its target audience more effectively.

Focus on Niche Markets: Capturing a significant share in specific, high-margin luxury travel or lifestyle niches.

Risks

Execution Risk: Successful integration of acquired businesses and effective pivot from a financial services background to travel/hospitality/lifestyle.

Intense Competition: The luxury travel and lifestyle markets are highly competitive with numerous established players and emerging specialists.

Economic Sensitivity: Demand for luxury travel and lifestyle products is discretionary and highly sensitive to economic downturns, impacting revenue and profitability.

Brand Building Challenge: Difficulty in establishing a strong, recognizable, and trusted brand in the premium segments amidst existing players.

Regulatory & Operational Risks: Compliance with regulations in the travel and hospitality sectors, and operational challenges inherent in service delivery.

Financial Performance: Ability to achieve consistent profitability and generate sufficient cash flow from the new ventures to fund future growth.

Management & Ownership

As per public records, the company's promoters include Mr. Suresh Jain. The ownership structure typically involves the promoter group holding a significant stake, with the remaining shares held by the public and other institutional/non-institutional investors. Detailed information on management quality beyond regulatory filings is limited for smaller, recently pivoted companies. The current management team faces the task of successfully executing the company's new strategic direction.

Outlook

Growington Ventures India Ltd. is in a transitional phase, pivoting towards the growing luxury travel, hospitality, and lifestyle markets in India. The bull case hinges on the successful execution of its new strategy, effective integration of recent acquisitions, and its ability to carve out a profitable niche in the premium segments, capitalizing on India's rising disposable incomes and demand for experiential luxury. However, the bear case highlights significant risks, including intense competition from established players, potential challenges in brand building and customer acquisition, and the inherent execution risks associated with a significant business model pivot. The company's future performance will largely depend on its operational efficiency, service quality, and financial discipline in a highly dynamic and competitive market.

Growington Ventures Share Price

Live · BSE · Inception: 2010
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Growington Ventures Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 11 7 6 14 36 17 27 25 63 48
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 11 7 6 15 37 17 28 25 64 48
Total Expenditure 11 6 5 12 37 14 26 23 62 45
Operating Profit -0 1 1 3 0 3 1 1 1 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 1 1 3 -0 3 1 1 1 2
Provision for Tax 0 0 0 1 0 1 0 0 0 1
Profit After Tax -1 0 0 2 -0 2 1 1 1 2
Adjustments 0 0 0 0 0 -0 0 0 0 0
Profit After Adjustments -1 0 0 2 -0 2 1 1 1 2
Adjusted Earnings Per Share -0 0 0 0.1 -0 0 0 0 0 0

Growington Ventures Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 20 34 64 132 163
Other Income 1 1 1 1 0
Total Income 21 35 64 133 165
Total Expenditure 19 33 59 126 156
Operating Profit 2 2 5 7 6
Interest 0 0 1 1 0
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 2 2 4 6 5
Provision for Tax 0 1 1 1 1
Profit After Tax 1 1 2 5 5
Adjustments 0 0 0 0 0
Profit After Adjustments 1 1 2 5 5
Adjusted Earnings Per Share 0 0 0.1 0.1 0

Growington Ventures Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 17 19 21 73
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities -0 -0 1 -0
Total Current Liabilities 5 11 19 31
Total Liabilities 22 30 40 104
Fixed Assets 0 1 1 0
Other Non-Current Assets 0 0 0 0
Total Current Assets 22 29 39 104
Total Assets 22 30 40 104

Growington Ventures Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 2 0 2
Cash Flow from Operating Activities -10 -5 -3 -47
Cash Flow from Investing Activities 3 0 -0 1
Cash Flow from Financing Activities 7 3 4 46
Net Cash Inflow / Outflow 0 -1 2 0
Closing Cash & Cash Equivalent 2 0 2 2

Growington Ventures Ratios

# Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.05 0.04 0.09 0.07
CEPS(Rs) 0.05 0.04 0.1 0.07
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0.64 0.68 0.77 1.14
Core EBITDA Margin(%) 4.83 4.64 6.34 4.72
EBIT Margin(%) 9.51 6.64 7.16 5.17
Pre Tax Margin(%) 8.7 6.25 5.94 4.47
PAT Margin (%) 6.41 3.33 3.9 3.51
Cash Profit Margin (%) 6.51 3.53 4.37 3.63
ROA(%) 5.65 4.37 7.04 6.39
ROE(%) 7.31 6.38 12.5 9.83
ROCE(%) 10.8 11.73 18.02 12.4
Receivable days 135.19 76.23 56.83 130.57
Inventory Days 1.45 4.97 3.96 3.08
Payable days 92.01 75.02 46.31 38.66
PER(x) 132.33 88.18 14 11.94
Price/Book(x) 9.68 5.42 1.65 0.76
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 8.4 3.01 0.63 0.46
EV/Core EBITDA(x) 87.39 44 8.21 8.66
Net Sales Growth(%) 0 74.78 85.17 107.56
EBIT Growth(%) 0 21.97 99.81 49.85
PAT Growth(%) 0 -9.29 116.93 86.64
EPS Growth(%) 0 -10.3 116.99 -20.62
Debt/Equity(x) 0 0.16 0.37 0.11
Current Ratio(x) 4.41 2.56 2.08 3.33
Quick Ratio(x) 4.4 2.48 2.05 3.27
Interest Cover(x) 11.81 17.32 5.86 7.36
Total Debt/Mcap(x) 0 0.03 0.23 0.14

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +106% +88% — —
Operating Profit CAGR +40% +52% — —
PAT CAGR +150% +71% — —
Share Price CAGR -66% -65% +2% -3%
ROE Average +10% +10% +9% +9%
ROCE Average +12% +14% +13% +13%

Growington Ventures Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 10.67 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 89.33 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 42.742.742.742.742.710.6710.6710.6710.6710.67
FII 0000000000
DII 0000000000
Public 57.357.357.357.357.389.3389.3389.3389.3389.33
Others 0000000000
Total 100100100100100100100100100100

Growington Ventures Peer Comparison

Travel Services Edit Columns

Growington Ventures Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Growington Ventures Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Debtor days have improved from 46.31 to 38.66days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 10.67%.
  • Company has a low return on equity of 10% over the last 3 years.
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