GRAVITA · Gravita India Ltd · Metal Mining
GRAVITA · Gravita India Ltd · Metal Mining
As of 06 Nov close
52-week range
21.9% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 54 days old
Revenue (latest Q)
₹1,475 Cr
Revenue YoY
PAT YoY
+14.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.3
P/S (TTM)
2.6
Sector P/E
17.3
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| GRAVITA (this stock) | 30.3 | 5.3 | +8.3% | +16.0% | 0.3 | 0.0% |
| Hindustan Zinc | 13.2 | 10.5 | +36.5% | +75.4% | 0.39 | +1.9% |
| Hindalco Industries | 14.7 | 2.2 | +4.9% | +9.8% | 0.73 | +0.5% |
| Vedanta | 11.2 | 2 | +18.6% | +39.6% | 0.56 | +11.0% |
Promoter
stable
FII
falling 2q
MF
3.07% (+0.21pp)
rising 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 24 Sept 2026 | Ravinder Singh | SELL | 500 | ₹7.7 lakh |
| 01 Sept 2026 | Gravita Employee Welfare Trust | SELL | 1,400 | ₹25.36 lakh |
| 28 Aug 2026 | Gravita Employee Welfare Trust | SELL | 2,062 | ₹37.59 lakh |
| 26 Aug 2026 | Gravita Employee Welfare Trust | SELL | 3,596 | ₹66.22 lakh |
| 18 Aug 2026 | Gravita Employee Welfare Trust | SELL | 2,215 | ₹40.41 lakh |
| 30 Jun 2026 | Ravinder Singh | SELL | 500 | ₹8.14 lakh |
| 18 Jun 2026 | Ravinder Singh | SELL | 1,000 | ₹17 lakh |
| 18 Jun 2026 | Gravita Employee Welfare Trust | SELL | 1,311 | ₹22.46 lakh |
| 05 Jun 2026 | Gravita Employee Welfare Trust | SELL | 500 | ₹8.19 lakh |
| 04 Jun 2026 | Gravita Employee Welfare Trust | SELL | 1,335 | ₹21.7 lakh |
| 15 May 2026 | Jigyasu Mangal | SELL | 1,999 | ₹34 lakh |
| 11 May 2026 | Gravita Employee Welfare Trust | SELL | 700 | ₹12.63 lakh |
| 12 Dec 2025 | Gravita Employee Welfare Trust | SELL | 3,000 | ₹54.34 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediummacroeconomictimes.indiatimes.com· 03 Sept 2026, 09:21 pmAhead of Market: 10 things that will decide stock market action on Friday
- lowthehindubusinessline.com· 29 Aug 2026, 09:43 pmFour small-cap stock picks for the long term
- lowthehindubusinessline.com· 20 Aug 2026, 07:00 am18 stocks including BSE, LIC, HDFC Bank, Aditya Infotech, Ramco Systems, Titagarh Rail, Gravita, Strides, Dr Lal Path in focus today
- mediumeconomictimes.indiatimes.com· 28 Jul 2026, 09:22 pmAhead of Market: 10 things that will decide stock market action on Wednesday
- loweconomictimes.indiatimes.com· 27 Jul 2026, 12:24 pmQ1 Results today: Coal India, Tata Power, BEL, Coforge, among 68 companies to announce earnings
Concalls & investor presentations
AI-generatedKey takeaway: During the Q1 FY27 earnings conference call, management reported a 4% growth in volumes, 42% in revenue, 29% in EBITDA, and 14% in PAT year-on-year. The company achieved a significant milestone with the London Metal Exchange Brand Listing for lead metal, enhancing its credibility with global customers. Management highlighted a successful expansion of the Phagi lead facility, increasing capacity to 75,819 metric tons per annum. The copper segment, operating at 50% capacity, contributed INR376 crores in revenue. Management noted challenges in lead volumes due to supply chain disruptions from geopolitical issues but emphasized a focus on profitability through better margins. The company plans to invest INR1,680 crores through FY29 for capacity expansions and diversification into new recycling verticals. ICRA upgraded Gravita's long-term credit rating from AA- to AA, reflecting its improving financial profile. The call concluded with management expressing confidence in achieving long-term growth objectives.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Gravita India Limited, dated July 27, 2026, reported on the company's unaudited financial results for the quarter ending June 30, 2026. Management highlighted a year-on-year revenue growth of 42%, EBITDA growth of 29%, and a 14% increase in PAT. The company expanded its lead recycling capacity and received a London Metal Exchange brand listing for its lead metal. Management discussed strategic diversification into copper recycling through the acquisition of Rashtriya Metal Industries Limited, enhancing its non-lead portfolio. The presentation outlined goals for sustainable growth, including a 20-25% volume CAGR and a focus on value-added products. The company emphasized its commitment to sustainability and operational excellence, with plans for significant capital expenditure to support future growth. Overall, the document conveyed a strong financial performance and strategic initiatives aimed at reinforcing the company's market position.
Management emphasized strong financial growth and strategic diversification efforts.
Sourced from an exchange-filed presentation, dated 27 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Gravita India Limited's earnings conference call on May 8, 2026, highlighted the company's strong performance for FY '26, with a five-year CAGR in revenue, EBITDA, and PAT of 25%, 49%, and 31%, respectively. Management reported a total revenue of INR 4,265 crores, a 10% year-on-year increase, and a consolidated PAT of INR 378.80 crores, reflecting a 21% growth. Key strategic updates included the expansion of lead recycling capacity and the commissioning of a lithium-ion battery recycling facility. The company also acquired a 99.44% stake in Rashtriya Metal Industries Limited, enhancing its copper segment. Management set a goal of INR 1,700 crores in CAPEX through FY '29, with a focus on diversifying into copper and lithium-ion recycling. Despite challenges in the aluminum segment, management expressed confidence in achieving a CAGR of 20%-25% in volumes over the next three years, while maintaining a focus on operational efficiencies and sustainable growth.
Management emphasized strong growth and strategic expansion initiatives.
Sourced from an exchange-filed transcript, dated 11 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Gravita India Limited reported its audited financial results for the year ended March 31, 2026, highlighting a year-on-year growth of 5% in volumes, 10% in revenue, 12% in EBITDA, and 21% in PAT. The company achieved a return on invested capital of approximately 24%. Management noted that performance was bolstered by an increased share of value-added products and enhanced domestic scrap sourcing. The company invested around Rs. 372 crore in capital expenditures, including the commissioning of a lithium-ion battery recycling plant and an expansion of lead recycling capacity at Mundra port. Gravita aims to reach a capacity of over 8 LTPA by FY29 and has entered the copper recycling business through the acquisition of a 99.44% stake in Rashtriya Metal Industries Limited. The presentation emphasized the company's commitment to sustainability and its strategic focus on diversification and stakeholder value creation.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 07 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedGravita India Limited's FY2025-26 annual report highlights the company's strategic expansion into lithium and copper manufacturing, alongside its existing lead, aluminium, plastic, and rubber recycling operations. The report emphasizes the company's proactive approach in shaping industry trends through sustainable practices and innovation. It also outlines the company's commitment to responsible growth, including receiving recognition for its sustainability efforts and holding relevant industry certifications. The report details the company's financial performance, including revenue and profit figures, and mentions its subsidiaries across various regions, showcasing its global presence and operational diversification. Additionally, the report covers corporate governance, risk management, and stakeholder engagement, reflecting a comprehensive approach to business management and compliance.
- Expansion into lithium and copper manufacturing alongside existing recycling operations.
- Commitment to responsible growth and sustainability, evidenced by industry recognition and certifications.
- Global operational diversification through subsidiaries in multiple regions.
Key takeaway: Gravita India Limited is expanding its manufacturing and recycling operations while emphasizing sustainability and responsible growth, indicating a strategic focus on innovation and global diversification.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor issued a qualified opinion on the standalone financial statements of Gravita India Limited for the year ended 31 March 2026.
Earlier (1-3 years ago)
The auditor issued a qualified opinion due to the company not accounting for employee benefit expenses related to the gain on sale of treasury shares held by the Gravita Employee Welfare Trust under the terminated Stock Appreciation Rights Scheme in the previous year.
Walker Chandiok & Co. LLP issued a qualified opinion on the Financial Statements for the financial year ended 31st March, 2024.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company was fined Rs. 70,000 by each exchange for delays in submission under Regulation 23(9) and Regulation 30 of SEBI (LODR) Regulations, 2015 during the financial year 2022-23.
Earlier (1-3 years ago)
The company was fined Rs. 70,000 by each exchange for delays in submission under Regulation 23(9) and Regulation 30 of SEBI (LODR) Regulations, 2015 during the financial year 2022-23.
Routine disclosures
Internal Control Weakness
2 occurrencesEarlier (1-3 years ago)
Gravita India Limited's internal financial controls had a material weakness in the financial statement closure process, leading to misstatements in employee-benefit expense and other disclosures for the year ended 31 March 2024.
The company has a material weakness in its internal financial controls related to the recognition of gain on sale of treasury shares and employee benefit expenses from the sale of treasury shares held by the Gravita Employee Welfare Trust under the Scheme, as per Ind AS 32.
Contingent Liability
3 occurrencesRecent (last 12 months)
The Company is involved in legal proceedings and tax issues across various jurisdictions, which are pending and involve complex factual and legal uncertainties.
Earlier (1-3 years ago)
As of March 31, 2024, the company had filed an appeal against a customs demand order of Rs. 70.10 crore (excluding interest, fine, and penalty) related to pre-import conditions violations from October 2017 to January 2019. The company contests the order, believing it has a case on merit and law.
The company has provided corporate guarantees for related parties including Gravita Metal Inc and Gravita Netherlands B.V., and has given loans to related parties such as Noble Build Estate Private Limited and Gravita Employee Welfare Trust.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The Employee Welfare Trust sold 101 shares of the company in the open market during the year ended March 31, 2025, leading to a modified audit report due to the impact on the comparability of current period figures with the previous year's employee benefit expenses and total comprehensive income.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has statutory dues under dispute, including service tax under the Finance Tax Act, 1994, and custom duty under the Customs Act, 1962, with amounts and pending forums specified.
Earlier (1-3 years ago)
The company has outstanding statutory dues under dispute with authorities, including service tax and custom duty amounts from 2010-11 to 2023-24, with disputes pending before various tribunals and courts.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
3.8% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).