Gravita India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 16.8%)
- ✓Efficient capital deployment (ROCE 17%)
- ✓Low debt relative to equity (D/E 0.3x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹3,148 | ₹4.3L Cr | 120 | 5.02 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,264 | ₹3.0L Cr | 25.1 | 3.09 | 10.2 | 11 | 1.22 |
| TATASTEEL Tata Steel Limited | ₹186 | ₹2.3L Cr | 20.5 | 2.27 | 11.7 | 12.5 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹535 | ₹2.2L Cr | 15.9 | 9.98 | 76.6 | 69.5 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹950 | ₹2.1L Cr | 12.6 | 1.56 | 13 | 13.2 | 0.56 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,936 +1.49% | ₹1.1L Cr | 28.2 | 7.39 | 36.6 | 27.3 | 1.45 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 25.9 | 2.1 | 8.22 | 9.7 | 0.39 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GRAVITA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 66.48% | 66.48% | 63.37% | 63.37% | 59.27% | 59.27% |
| FII | 10.58% | 11.08% | 13.40% | 14.01% | 14.12% | 14.03% |
| DII | 0.43% | 0.43% | 2.61% | 3.21% | 5.41% | 5.44% |
| Public | 21.06% | 20.56% | 19.18% | 17.95% | 19.83% | 19.90% |
| Others | 1.45% | 1.45% | 1.45% | 1.45% | 1.35% | 1.35% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Interim Dividend - Rs 6.35 Per Share
Annual General Meeting
Interim Dividend - Rs 5.20 Per Share
Annual General Meeting
Dividend - Rs.4.35 Per Share
Latest News
All news →Gravita India reports yearly earnings; analysts reassess outlook
*Gravita India reports yearly earnings; analysts reassess outlook*. Gravita India Limited (NSE:GRAVITA) has announced its yearly earnings, drawing attention from market analysts. The results prompted a re-evaluation of the stock's near-term trajectory. **Net profit rose ** to **₹127 crore**, up **22% YoY**, on strong recycling volumes and export demand. Revenue reached **₹2,890 crore**, a **17% increase**. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Earnings
Gravita India hosts analyst and investor meet
*Gravita India hosts analyst and investor meet*. The company provided updates during its recent analyst and investor call. No major announcements or financial revisions were disclosed. The session focused on operational performance and future outlook. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* Metals | #LOWIMPACT #InvestorMeet
Gravita India posts earnings with hidden risks
*Gravita India posts earnings with hidden risks*. While the company reported impressive numbers, underlying financial health indicators suggest potential sustainability concerns. **Profit margins** and **debt levels** warrant caution despite top-line growth. Investors should assess quality of earnings before positioning. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Earnings
Gravita India to invest ₹1.6B in new copper plant
*Gravita India to invest ₹1.6 billion in a copper recycling plant in Gujarat.* The new facility marks a strategic expansion in its recycling footprint. **₹1,600 crore** capex underscores long-term growth plans in non-ferrous metals. Capacity addition may boost future revenue and margins. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Capex
Gravita fully utilised QIP funds in Q4 FY26
*Gravita fully utilised QIP funds in Q4 FY26.* ICRA's monitoring report confirms no deviations in fund usage. The complete deployment supports operational scaling and debt reduction. Investors may see improved efficiency from capital allocation. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #QIP
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.2K Cr ▲15.3% | ₹1.0K Cr ▼1.8% | ₹1.0K Cr ▼0.4% | ₹1.0K Cr ▲0.3% | ₹1.0K Cr ▲4.1% | ₹996 Cr ▲7.4% | ₹927 Cr ▲2.1% | ₹908 Cr |
| Op. Profit | ₹113 Cr ▼5.8% | ₹120 Cr ▲17.6% | ₹102 Cr ▲1.0% | ₹101 Cr ▲9.8% | ₹92 Cr ▲13.6% | ₹81 Cr ▲28.6% | ₹63 Cr ▼28.4% | ₹88 Cr |
| OPM | 10.0% ▼16.7% | 12.0% ▲20.0% | 10.0% ▲0.0% | 10.0% ▲11.1% | 9.0% ▲12.5% | 8.0% ▲14.3% | 7.0% ▼30.0% | 10.0% |
| Net Profit | ₹92 Cr ▼5.2% | ₹97 Cr ▲1.0% | ₹96 Cr ▲3.2% | ₹93 Cr ▼2.1% | ₹95 Cr ▲21.8% | ₹78 Cr ▲8.3% | ₹72 Cr ▲5.9% | ₹68 Cr |
| EPS (₹) | 12.45 ▼5.9% | 13.23 ▲1.7% | 13.01 ▲2.9% | 12.64 ▼1.9% | 12.89 ▲22.1% | 10.56 ▲1.2% | 10.43 ▲7.0% | 9.75 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.3K Cr ▲10.2% | ₹3.9K Cr ▲22.4% | ₹3.2K Cr ▲12.9% | ₹2.8K Cr ▲26.4% | ₹2.2K Cr ▲57.2% | ₹1.4K Cr ▲4.6% | ₹1.3K Cr ▲8.5% | ₹1.2K Cr ▲22.1% | ₹1.0K Cr ▲55.3% | ₹655 Cr |
| Expenses | ₹3.8K Cr ▲8.2% | ₹3.5K Cr ▲23.3% | ₹2.9K Cr ▲10.8% | ₹2.6K Cr ▲29.8% | ₹2.0K Cr ▲55.1% | ₹1.3K Cr ▲4.0% | ₹1.2K Cr ▲5.0% | ₹1.2K Cr ▲27.4% | ₹926 Cr ▲55.4% | ₹596 Cr |
| Op. Profit | ₹435 Cr ▲32.6% | ₹328 Cr ▲14.3% | ₹287 Cr ▲38.6% | ₹207 Cr ▼4.6% | ₹217 Cr ▲79.3% | ₹121 Cr ▲11.0% | ₹109 Cr ▲75.8% | ₹62 Cr ▼32.6% | ₹92 Cr ▲55.9% | ₹59 Cr |
| OPM | 10.0% ▲25.0% | 8.0% ▼11.1% | 9.0% ▲28.6% | 7.0% ▼30.0% | 10.0% ▲11.1% | 9.0% ▲12.5% | 8.0% ▲60.0% | 5.0% ▼44.4% | 9.0% ▲0.0% | 9.0% |
| Other Income | ₹77 Cr ▼30.6% | ₹111 Cr ▲46.1% | ₹76 Cr ▼13.6% | ₹88 Cr ▲1366.7% | ₹6 Cr ▲500.0% | ₹1 Cr ▲108.3% | ₹-12 Cr ▼340.0% | ₹5 Cr ▲150.0% | ₹2 Cr ▲100.0% | ₹1 Cr |
| Interest | ₹25 Cr ▼45.7% | ₹46 Cr ▼11.5% | ₹52 Cr ▲18.2% | ₹44 Cr ▲15.8% | ₹38 Cr ▲22.6% | ₹31 Cr ▲0.0% | ₹31 Cr ▲19.2% | ₹26 Cr ▲30.0% | ₹20 Cr ▲81.8% | ₹11 Cr |
| Depreciation | ₹39 Cr ▲34.5% | ₹29 Cr ▼23.7% | ₹38 Cr ▲58.3% | ₹24 Cr ▲14.3% | ₹21 Cr ▲5.0% | ₹20 Cr ▲11.1% | ₹18 Cr ▲50.0% | ₹12 Cr ▲33.3% | ₹9 Cr ▲50.0% | ₹6 Cr |
| PBT | ₹448 Cr ▲23.4% | ₹363 Cr ▲32.5% | ₹274 Cr ▲20.2% | ₹228 Cr ▲38.2% | ₹165 Cr ▲132.4% | ₹71 Cr ▲51.1% | ₹47 Cr ▲56.7% | ₹30 Cr ▼53.1% | ₹64 Cr ▲45.5% | ₹44 Cr |
| Tax % | 16.0% ▲14.3% | 14.0% ▲16.7% | 12.0% ▲20.0% | 10.0% ▲0.0% | 10.0% ▼50.0% | 20.0% ▼9.1% | 22.0% ▼35.3% | 34.0% ▲30.8% | 26.0% ▲36.8% | 19.0% |
| Net Profit | ₹378 Cr ▲20.8% | ₹313 Cr ▲29.3% | ₹242 Cr ▲18.6% | ₹204 Cr ▲37.8% | ₹148 Cr ▲159.6% | ₹57 Cr ▲54.1% | ₹37 Cr ▲94.7% | ₹19 Cr ▼60.4% | ₹48 Cr ▲37.1% | ₹35 Cr |
| EPS (₹) | 51.32 ▲21.3% | 42.32 ▲22.1% | 34.65 ▲18.9% | 29.13 ▲44.3% | 20.19 ▲165.7% | 7.6 ▲58.0% | 4.81 ▲113.8% | 2.25 ▼65.0% | 6.42 ▲34.3% | 4.78 |
| Div Payout | 12.0% ▼20.0% | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% ▲7.1% | 14.0% ▼6.7% | 15.0% ▲15.4% | 13.0% ▲18.2% | 11.0% ▼15.4% | 13.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹15 Cr ▲0.0% | ₹15 Cr ▲7.1% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr |
| Reserves | ₹2.4K Cr ▲18.6% | ₹2.1K Cr ▲149.4% | ₹824 Cr ▲43.3% | ₹575 Cr ▲54.2% | ₹373 Cr ▲46.3% | ₹255 Cr ▲20.9% | ₹211 Cr ▲13.4% | ₹186 Cr ▲5.7% | ₹176 Cr ▲29.4% | ₹136 Cr |
| Borrowings | ₹736 Cr ▲157.3% | ₹286 Cr ▼47.8% | ₹548 Cr ▲57.5% | ₹348 Cr ▼11.2% | ₹392 Cr ▲50.2% | ₹261 Cr ▼6.5% | ₹279 Cr ▲11.6% | ₹250 Cr ▲7.3% | ₹233 Cr ▲40.4% | ₹166 Cr |
| Other Liabilities | ₹229 Cr ▲44.0% | ₹159 Cr ▼26.7% | ₹217 Cr ▼19.0% | ₹268 Cr ▲22.4% | ₹219 Cr ▲11.7% | ₹196 Cr ▲78.2% | ₹110 Cr ▼10.6% | ₹123 Cr ▲75.7% | ₹70 Cr ▲79.5% | ₹39 Cr |
| Total Liabilities | ₹3.4K Cr ▲35.9% | ₹2.5K Cr ▲57.0% | ₹1.6K Cr ▲32.9% | ₹1.2K Cr ▲20.7% | ₹998 Cr ▲37.5% | ₹726 Cr ▲18.2% | ₹614 Cr ▲7.2% | ₹573 Cr ▲16.5% | ₹492 Cr ▲38.6% | ₹355 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹939 Cr ▲115.4% | ₹436 Cr ▲25.3% | ₹348 Cr ▲27.5% | ₹273 Cr ▲42.9% | ₹191 Cr ▲11.0% | ₹172 Cr ▼5.5% | ₹182 Cr ▲32.8% | ₹137 Cr ▲25.7% | ₹109 Cr ▲60.3% | ₹68 Cr |
| CWIP | ₹48 Cr ▲23.1% | ₹39 Cr ▼9.3% | ₹43 Cr ▼6.5% | ₹46 Cr ▲9.5% | ₹42 Cr ▲223.1% | ₹13 Cr ▼13.3% | ₹15 Cr ▼67.4% | ₹46 Cr ▲91.7% | ₹24 Cr ▼25.0% | ₹32 Cr |
| Investments | ₹413 Cr ▼21.8% | ₹528 Cr ▲3200.0% | ₹16 Cr ▲1500.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹2.0K Cr ▲33.4% | ₹1.5K Cr ▲26.6% | ₹1.2K Cr ▲34.9% | ₹885 Cr ▲15.8% | ₹764 Cr ▲41.5% | ₹540 Cr ▲29.2% | ₹418 Cr ▲7.2% | ₹390 Cr ▲8.6% | ₹359 Cr ▲40.8% | ₹255 Cr |
| Total Assets | ₹3.4K Cr ▲35.9% | ₹2.5K Cr ▲57.0% | ₹1.6K Cr ▲32.9% | ₹1.2K Cr ▲20.7% | ₹998 Cr ▲37.5% | ₹726 Cr ▲18.2% | ₹614 Cr ▲7.2% | ₹573 Cr ▲16.5% | ₹492 Cr ▲38.6% | ₹355 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹169 Cr ▼40.1% | ₹282 Cr ▲571.4% | ₹42 Cr ▼79.0% | ₹200 Cr ▲1900.0% | ₹10 Cr ▼87.0% | ₹77 Cr ▲126.5% | ₹34 Cr ▼61.8% | ₹89 Cr ▲3066.7% | ₹-3 Cr ▼400.0% | ₹1 Cr |
| Investing CF | ₹-364 Cr ▲57.9% | ₹-864 Cr ▼446.8% | ₹-158 Cr ▼50.5% | ₹-105 Cr ▼52.2% | ₹-69 Cr ▼263.2% | ₹-19 Cr ▼35.7% | ₹-14 Cr ▲78.8% | ₹-66 Cr ▼57.1% | ₹-42 Cr ▲14.3% | ₹-49 Cr |
| Financing CF | ₹178 Cr ▼72.2% | ₹640 Cr ▲428.9% | ₹121 Cr ▲239.1% | ₹-87 Cr ▼220.8% | ₹72 Cr ▲226.3% | ₹-57 Cr ▼171.4% | ₹-21 Cr ▼23.5% | ₹-17 Cr ▼142.5% | ₹40 Cr ▼18.4% | ₹49 Cr |
| Net Cash Flow | ₹-17 Cr ▼128.8% | ₹59 Cr ▲1080.0% | ₹5 Cr ▼28.6% | ₹7 Cr ▼41.7% | ₹12 Cr ▲1100.0% | ₹1 Cr ▲150.0% | ₹-2 Cr ▼133.3% | ₹6 Cr ▲250.0% | ₹-4 Cr ▼300.0% | ₹2 Cr |
| Free Cash Flow | ₹-46 Cr ▼126.3% | ₹175 Cr ▲412.5% | ₹-56 Cr ▼160.2% | ₹93 Cr ▲252.5% | ₹-61 Cr ▼210.9% | ₹55 Cr ▲189.5% | ₹19 Cr ▼9.5% | ₹21 Cr ▲150.0% | ₹-42 Cr ▲8.7% | ₹-46 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37d ▲42.3% | 26d ▼16.1% | 31d ▲72.2% | 18d ▲0.0% | 18d ▲20.0% | 15d ▼16.7% | 18d ▼35.7% | 28d ▼31.7% | 41d ▲20.6% | 34d |
| Inventory Days | 109d ▲53.5% | 71d ▼26.0% | 96d ▲1.1% | 95d ▼11.2% | 107d ▼7.0% | 115d ▲53.3% | 75d ▲17.2% | 64d ▼11.1% | 72d ▼6.5% | 77d |
| Days Payable | 7d ▲40.0% | 5d ▼50.0% | 10d ▼28.6% | 14d ▲100.0% | 7d ▼84.1% | 44d ▲51.7% | 29d ▼17.1% | 35d ▲66.7% | 21d ▲110.0% | 10d |
| Cash Conv. Cycle | 139d ▲51.1% | 92d ▼21.4% | 117d ▲18.2% | 99d ▼16.8% | 119d ▲36.8% | 87d ▲33.8% | 65d ▲12.1% | 58d ▼36.3% | 91d ▼9.9% | 101d |
| Working Capital Days | 115d ▲47.4% | 78d ▲18.2% | 66d ▲53.5% | 43d ▲7.5% | 40d ▲25.0% | 32d ▲100.0% | 16d ▲300.0% | 4d ▼77.8% | 18d ▼25.0% | 24d |
| ROCE | 17.0% ▼22.7% | 22.0% ▼21.4% | 28.0% ▼12.5% | 32.0% ▲3.2% | 31.0% ▲47.6% | 21.0% ▲10.5% | 19.0% ▲46.2% | 13.0% ▼43.5% | 23.0% ▲15.0% | 20.0% |
Source: Screener.in · Lower days = better efficiency
About Gravita India Limited
Established in 1992, Gravita India Ltd is one of the largest lead producer in India. The company's business is organized across four specialized verticals: Lead Recycling (flagship), Aluminum recycling, Plastic recycling and Turnkey projects. The company also has expertise in the recycling of used batteries, cable scrap/other Lead scrap, Aluminum scrap, Plastic scrap, etc.
Metals & Mining · Minerals & Mining