Gravita India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.5%)
- Efficient capital deployment (ROCE 16.2%)
- Low debt relative to equity (D/E 0.3x)
- Near 52-week low — potential value zone (₹1,267)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
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 Un-audited financial results for the period ended September 30, 2026 and Interim dividend
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
Dividend - Rs.4.35 Per Share
Annual General Meeting
Latest News
All newsGravita India acquires European recycling firm for ₹600Cr
*Gravita India acquires European recycling firm for ₹600Cr.* The acquisition marks a strategic expansion into Europe, boosting its global footprint. The deal, valued at **₹600 crore**, enhances recycling capacity and raw material access. This move strengthens Gravita’s position in the non-ferrous metal recycling sector. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Acquisition
Gravita India announces new board decisions.
*Gravita India announces new board decisions.* The company disclosed outcomes from its October 5, 2026, board meeting. No major financial figures or strategic shifts were revealed. Details remain limited to routine corporate disclosures. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
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 publishes mandatory newspaper notice
*Gravita India publishes mandatory newspaper notice.* This is a routine corporate disclosure as per regulatory requirements. Such filings typically relate to board meetings, financial results, or shareholder communications. No immediate financial or operational update is indicated. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* Metals | #LOWIMPACT #CorporateFiling
Gravita India forms wholly owned US subsidiary
*Gravita India forms wholly owned US subsidiary.* The move aims to strengthen its global footprint and support overseas growth initiatives. This strategic expansion is expected to enhance revenue streams from international markets. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Expansion
Gravita India issues general corporate updates
*Gravita India issues general corporate updates.* No specific financial or operational details provided in the filing. Event lacks quantifiable impact on near-term performance. Likely routine disclosure. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* Metals | #LOWIMPACT #Corporate
Gravita India hosts analyst meet; shares unchanged
*Gravita India hosts analyst meet; shares unchanged*. Company shared updates during its recent analyst and institutional investor meet. No major financial revisions or strategic announcements were disclosed. The session focused on operational performance and market outlook. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Gravita
Gravita India rises to ₹12,000 crore valuation under Rajat Agrawal
*Gravita India rises to ₹12,000 crore valuation under Rajat Agrawal.* The company made a dramatic turnaround from near-bankruptcy to a **₹12,000 crore** market cap. This growth reflects strong execution in metal recycling and secondary lead production. Investor interest has surged due to consistent performance and scalability. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Recycling
Gravita India to expand copper recycling capacity at Mundra
*Gravita India to expand copper recycling capacity at Mundra* with a new **59,200 MTPA** capacity addition, funded by **₹64 crore** capex. The expansion is set up at Mundra, enhancing its recycling footprint. This move strengthens Gravita’s position in the secondary copper market. 📊 *STOCKS:* $GRAVITA | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Capex
Gravita India reports Q1 revenue of ₹14.75B, raises capex to ₹1,700Cr
*Gravita India reports Q1 revenue of ₹14.75B, raises capex to ₹1,700Cr* — The company posted a strong revenue performance, with **₹14.75 billion** in Q1 revenue. It has increased its capex guidance to **₹1,700 crore** to support expansion. This signals aggressive growth plans in the recycling and lead manufacturing space. 📊 *STOCKS:* GRAVITA | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Earnings
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 8.0% | ₹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 | ₹439 Cr 33.8% | ₹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 | ₹75 Cr 32.4% | ₹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 | ₹27 Cr 41.3% | ₹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 | ₹-361 Cr 58.2% | ₹-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 | ₹-14 Cr 123.7% | ₹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 | 82d 5.1% | 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 | 16.0% 27.3% | 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 & MiningMinerals & Mining