diff --git a/devel/py-grpcio-tools/Makefile b/devel/py-grpcio-tools/Makefile
index 42768ba0a260..73223a7b7930 100644
--- a/devel/py-grpcio-tools/Makefile
+++ b/devel/py-grpcio-tools/Makefile
@@ -1,24 +1,24 @@
 PORTNAME=	grpcio-tools
-PORTVERSION=	1.53.0
+PORTVERSION=	1.54.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	vanilla@FreeBSD.org
 COMMENT=	Protobuf code generator for gRPC
 WWW=		https://pypi.org/project/grpcio-tools/
 
 LICENSE=	BSD3CLAUSE
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}grpcio>1:devel/py-grpcio@${PY_FLAVOR}
 LIB_DEPENDS=	libcares.so:dns/c-ares
 
 USES=		compiler:c++11-lang localbase:ldflags python
 USE_PYTHON=	autoplist distutils
 CFLAGS+=	-DHAVE_PTHREAD=1
 LDFLAGS+=	-lcares
 
 post-install:
 	${STRIP_CMD} ${STAGEDIR}${PYTHONPREFIX_SITELIBDIR}/grpc_tools/_protoc_compiler*.so
 
 .include <bsd.port.mk>
diff --git a/devel/py-grpcio-tools/distinfo b/devel/py-grpcio-tools/distinfo
index 45a40c0ceb19..c1d9ef7f7552 100644
--- a/devel/py-grpcio-tools/distinfo
+++ b/devel/py-grpcio-tools/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1680584056
-SHA256 (grpcio-tools-1.53.0.tar.gz) = 925efff2d63ca3266f93c924ffeba5d496f16a8ccbe125fa0d18acf47cc5fa88
-SIZE (grpcio-tools-1.53.0.tar.gz) = 2257165
+TIMESTAMP = 1682078891
+SHA256 (grpcio-tools-1.54.0.tar.gz) = df79acbf59997018e131713b716a2fddb5556e1840e9fb9de4ca73bf2059590e
+SIZE (grpcio-tools-1.54.0.tar.gz) = 2259685