Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-28.82%
0%
-28.82%
6 Months
-42.38%
0%
-42.38%
1 Year
-68.97%
0%
-68.97%
2 Years
-81.38%
0%
-81.38%
3 Years
-82.96%
0%
-82.96%
4 Years
-87.53%
0%
-87.53%
5 Years
-91.48%
0%
-91.48%
Grit Real Estate Income Group Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
127.80%
EBIT Growth (5y)
121.84%
EBIT to Interest (avg)
1.47
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
26.07%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.17%
ROE (avg)
1.76%
Valuation key factors
Factor
Value
P/E Ratio
2
Industry P/E
Price to Book Value
0.21
EV to EBIT
0.89
EV to EBITDA
0.89
EV to Capital Employed
0.10
EV to Sales
0.44
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.63%
ROE (Latest)
12.07%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'18 - YoY
Jun'18
Jun'17
Change(%)
Net Sales
6.60
9.30
-29.03%
Operating Profit (PBDIT) excl Other Income
1.30
5.40
-75.93%
Interest
4.10
2.90
41.38%
Exceptional Items
3.20
0.70
357.14%
Consolidate Net Profit
0.40
6.80
-94.12%
Operating Profit Margin (Excl OI)
-426.70%
356.30%
-78.30%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2018 is -29.03% vs 132.50% in Jun 2017
Consolidated Net Profit
YoY Growth in quarter ended Jun 2018 is -94.12% vs 148.57% in Jun 2017
Annual Results Snapshot (Consolidated) - Jun'24
Jun'24
Jun'23
Change(%)
Net Sales
51.10
47.00
8.72%
Operating Profit (PBDIT) excl Other Income
27.90
19.20
45.31%
Interest
42.90
31.40
36.62%
Exceptional Items
-65.20
-9.20
-608.70%
Consolidate Net Profit
-70.70
-21.30
-231.92%
Operating Profit Margin (Excl OI)
527.40%
388.30%
13.91%
USD in Million.
Net Sales
YoY Growth in year ended Jun 2024 is 8.72% vs 20.20% in Jun 2023
Consolidated Net Profit
YoY Growth in year ended Jun 2024 is -231.92% vs -353.57% in Jun 2023
About Grit Real Estate Income Group Ltd. 
Grit Real Estate Income Group Ltd.
Realty
Grit Real Estate Income Group Ltd is a Mauritius-based pan-African real estate company. The Company is focused on investing in and managing a diversified portfolio of assets in African countries, excluding South Africa. It is focused on a range of property sectors including corporate offices, retail shopping centers, hospitality assets, logistics and distribution warehouses and corporate accommodation. Its properties are located across various countries, such as Mauritius, Mozambique, Morocco, Kenya, Zambia, Ghana, Botswana and Senegal.
Company Coordinates 
Company Details
3rd floor, La Croisette Shopping Mall , GRAND BAY None : None
Registrar Details






