Gravita India Limited share price
NSE: GRAVITA · ISIN INE024L01027
Key numbers
- Market cap
- ₹ 10,892 Cr
- Current price
- ₹ 1,495.40
- 52-week high / low
- ₹ 1,914 / 1,267
- Stock P/E
- 27.8
- Book value
- ₹ 336.7
- Dividend yield
- 0.77%
- ROCE
- 17.0%
- ROE
- 16.8%
- Debt to equity
- 0.30
- Sales growth (3 yrs)
- 14.9%
- Profit growth (3 yrs)
- 23.5%
- 1-year return
- -9.0%
About Gravita India Limited
Gravita India Limited manufactures and recycles lead metal, lead products, aluminium alloys, and plastic granules in India, the United Arab Emirates, South Korea, and internationally. It operates through Lead Processing, Aluminium Processing, Turn-Key Solutions, and Plastic Manufacturing segments. The company engages in smelting of lead battery scrap/lead concentrate to produce secondary lead metal, such as pure lead, specific lead alloy, lead oxides, and lead products like lead sheets, lead powder, lead shot, etc.; granules, including polypropylene, polycarbonate, HDPE, and ABS; trading of taint tabor and tense aluminium scraps; and manufacture of alloy from melting of aluminium scrap. It also offers consultancy services for recycling operations; turnkey solutions for recycling processes and solutions; procures raw materials which include battery, aluminium, plastic, and rubber scrap; and extended producer responsibility recycler and compliance services. The company also exports its products. Gravita India Limited was incorporated in 1992 and is based in Jaipur, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,037 | 1,040 | 1,017 | 1,173 | 1,475 |
| Operating profit | 92 | 101 | 120 | 113 | 110 |
| Net profit | 95 | 93 | 98 | 92 | 106 |
| EPS (₹) | 13.04 | 12.81 | 13.41 | 12.62 | 14.60 |
Concall summary (2026-07-30)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Our total installed capacity now stands at 4.97 lakh metric tons per annum, and we firmly remain on track to achieve our target for scaling this to over 8 lakh metric tons per annum by FY29.
- The company has earmarked a total capex of INR1,680 crores through FY29, with INR850 crores allocated towards strengthening the existing businesses, while the balance will support entry into new recycling verticals, including lithium-ion batteries, copper and steel.
Growth & demand
- Revenue for Q1 FY27 stood at INR1,475 crores, registering a year -on-year growth of 42%, driven by higher capacity utilization across key segments and continued operational efficiencies.
- Consolidated PAT came in at INR106.39 crores, reflecting a year-on-year growth of 14%, while PAT margins remained over 7.21%.
Margins & costs
- Adjusted EBITDA for Q1 FY27 stood at INR145 crores, up 29% year-on-year, with EBITDA margins remaining healthy at over 9.80%.
- In Q1 FY27, EBITDA per ton for the lead, aluminum, plastic and copper segment stood at INR24,181, INR25,175, INR10,197 and INR55,151, respectively, supported by better realization and improved operational efficiency.
Capex & expansion
- A key milestone during the quarter was the successful expansion of our Phagi, Jaipur lead facility, where we commissioned an additional 40,500 metric ton per annum of lead recycling capacity, taking the plant's total capacity to 75,819 metric tons per annu m.
- This expansion was completed with an investment of approximately INR30 crores, entirely funded through internal accruals, reflecting our disciplined capital allocation approach.
Balance sheet & cash
- This upgrade reflects the company's consistently improving financial profile, prudent capital allocation, robust cash flow generation and disciplined balance sheet management.
- So net debt is close to INR150 crores at this moment.
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