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GRAVITA

GRAVITA - GRAVITA INDIA LIMITED Share Price

Minerals & Mining

1778.30-61.10(-3.32%)
Market Closed as of Aug 8, 2025, 15:30 IST

Valuation

Market Cap13.12 kCr
Price/Earnings (Trailing)37.15
Price/Sales (Trailing)3.17
EV/EBITDA28.2
Price/Free Cashflow75.04
MarketCap/EBT32.45
Enterprise Value13.31 kCr

Fundamentals

Revenue (TTM)4.14 kCr
Rev. Growth (Yr)17%
Earnings (TTM)337.96 Cr
Earnings Growth (Yr)36.9%

Profitability

Operating Margin10%
EBT Margin10%
Return on Equity16.27%
Return on Assets13.44%
Free Cashflow Yield1.33%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 4 kCr

Net Income (Last 12 mths)

Latest reported: 338 Cr

Growth & Returns

Price Change 1W-0.70%
Price Change 1M-0.80%
Price Change 6M-11.4%
Price Change 1Y-0.10%
3Y Cumulative Return85%
5Y Cumulative Return102.8%
7Y Cumulative Return42.2%
10Y Cumulative Return48.5%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-863.63 Cr
Cash Flow from Operations (TTM)282.18 Cr
Cash Flow from Financing (TTM)640.25 Cr
Cash & Equivalents94.61 Cr
Free Cash Flow (TTM)174.87 Cr
Free Cash Flow/Share (TTM)23.69

Balance Sheet

Total Assets2.52 kCr
Total Liabilities437.55 Cr
Shareholder Equity2.08 kCr
Current Assets1.96 kCr
Current Liabilities232.26 Cr
Net PPE422.48 Cr
Inventory616.8 Cr
Goodwill5.83 Cr

Capital Structure & Leverage

Debt Ratio0.11
Debt/Equity0.14
Interest Coverage10.09
Interest/Cashflow Ops8.74

Dividend & Shareholder Returns

Dividend/Share (TTM)6.35
Dividend Yield0.36%
Shares Dilution (1Y)6.9%
Shares Dilution (3Y)6.9%

Risk & Volatility

Max Drawdown-5.6%
Drawdown Prob. (30d, 5Y)41.92%
Risk Level (5Y)43.8%
Pros

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Balance Sheet: Strong Balance Sheet.

Growth: Awesome revenue growth! Revenue grew 20.7% over last year and 71.9% in last three years on TTM basis.

Past Returns: Outperforming stock! In past three years, the stock has provided 85% return compared to 11.6% by NIFTY 50.

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Recent profitability of 8% is a good sign.

Cons

Momentum: Stock has a weak negative price momentum.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.36%
Dividend/Share (TTM)6.35
Shares Dilution (1Y)6.9%
Earnings/Share (TTM)47.86

Financial Health

Current Ratio8.43
Debt/Equity0.14

Technical Indicators

RSI (14d)55.19
RSI (5d)46.67
RSI (21d)50.14
MACD SignalSell
Stochastic Oscillator SignalHold
Grufity SignalSell
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from GRAVITA INDIA

Summary of GRAVITA INDIA's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

Gravita India Ltd. reported a robust performance for Q1 FY '26 with a revenue of INR 1,040 crores, a 15% year-on-year growth. The adjusted EBITDA rose to INR 111.70 crores, reflecting a 22% increase, and the profit after tax (PAT) surged to INR 93.26 crores, marking a 39% increase year-over-year, with a PAT margin of 8.97%. Management highlighted the company's strategic focus on expanding its operational capacity, which currently stands at 3.40 lakh metric tons per annum, with a target to exceed 7 lakh metric tons by FY '28. A capex plan of INR 1,500 crores has been established through FY '28, with INR 1,000 crores allocated for existing businesses and the remainder for emerging sectors such as lithium-ion, paper, rubber, and steel recycling.

Key forward-looking points include a projected volume CAGR of over 25% and profitability growth exceeding 35%. The company aims to grow the non-lead segment to contribute over 30% of total revenue, derive over 30% of energy needs from renewable sources, and reduce energy intensity by over 10%. Notably, the pilot lithium-ion battery recycling unit in Mundra is expected to be operational in Q2 FY '26.

Gravita experienced a 12% total volume growth in Q1 FY '26, driven by improved domestic scrap availability due to government regulations. The EBITDA per ton improved across all segments, with INR 21,790 in lead, INR 17,140 in aluminum, and INR 10,213 in plastics. Management expressed confidence in achieving its volume targets for the fiscal year while balancing profitability alongside growth, positioning the company well for sustainable long-term development.

Last updated:

  1. Question: "While revenue and volume growth has remained a little bit lower than expectations, was EBITDA growth due to sourcing efficiencies or semis from Africa?" Answer: "Yes, the reduced volume is partly due to shifting material from our African plants to India. The improved EBITDA stems from increased contributions from value-added products, which reached 47% last quarter. Both factors contributed to higher EBITDA margins."

  2. Question: "What can we expect for sustainable EBITDA per ton for lead, given the recent growth?" Answer: "We can expect sustainable margins around INR19 to INR20 per kg moving forward, an increase from earlier projections of INR18 to INR19, as the value-added content has risen."

  3. Question: "Can you provide an update on the aluminum alloy listing on MCX?" Answer: "Yes, aluminum on MCX is in process and is expected to complete this quarter. The documentation is complete, and we're hopeful for the first godown to open in the north soon."

  4. Question: "What's the expected capacity utilization for aluminum by Q4?" Answer: "Currently, we're at about 5% utilization in aluminum. We anticipate reaching 20% to 30% utilization by Q4, contingent on the MCX hedging mechanism for ADC12 starting."

  5. Question: "What volume growth do you expect to achieve from expansions and existing capacities?" Answer: "We're targeting 25% growth, with approximately 15% to 18% from existing capacities and around 10% from new capacity increases. Results from expansions will start showing from Q3."

  6. Question: "Will currency fluctuations impact profitability from international operations?" Answer: "Currency fluctuations don't impact us significantly since purchases and sales in Africa are conducted in local currency, but metal prices are in USD. We're fully hedged against metal price changes."

  7. Question: "What amount of capex is spent this quarter and planned for FY '26?" Answer: "We spent around INR60 crores in the first quarter. Our overall capex plan is to reach INR375 crores for the year, targeting an addition of 100,000 tons in capacity."

  8. Question: "What are your expectations for the rubber segment, considering its margins and revenue potential?" Answer: "We anticipate INR7 to INR8 per kg EBITDA margins in rubber, with revenues projected at INR300-400 crores by FY '27. The margins might improve as volumes pick up."

  9. Question: "Can we have guidance on the tax rate for the year?" Answer: "The effective tax rate is approximately 15-16% due to temporary treasury income. Once we allocate this for capex, it will move back to an expected 13-14%."

  10. Question: "What capacity increase can we expect in FY '27?"

Answer: "In FY '27, we're targeting an increase of approximately 125,000 to 150,000 tons as part of our wider goal to reach 700,000 tons by FY '28."

Revenue Breakdown

Analysis of GRAVITA INDIA's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Jun 30, 2025

DescriptionShareValue
Lead89.3%928.2 Cr
Aluminium9.1%94.4 Cr
Plastics1.6%16.4 Cr
Total1 kCr

Share Holdings

Understand GRAVITA INDIA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
RAJAT AGRAWAL32.38%
Rajat Agrawal Trustee of Agrawal Family Private Trust23.5%
OXBOW MASTER FUND LIMITED2.44%
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P2.23%
YAGYADATT SHARMA TRUSTEE ON BEHALF OF GRAVITA EMPLOYEE WELFARE TRUST1.33%
TATA MUTUAL FUND - TATA ELSS TAX SAVER FUND1.28%
JUPITER INDIA FUND1.11%
MAHAVIR PRASAD AGARWAL0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is GRAVITA INDIA Better than it's peers?

Detailed comparison of GRAVITA INDIA against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
VEDLVedanta1.68 LCr1.59 LCr-2.20%+2.00%11.511.06--
HINDALCOHindalco Industries1.51 LCr2.41 LCr0.00%+9.80%9.350.63--
ECORECOEco Recycling1.16 kCr46.02 Cr-1.00%-20.30%5025.28--
NRLNupur Recyclers633.33 Cr--8.60%-18.30%59.482.68--

Sector Comparison: GRAVITA vs Minerals & Mining

Comprehensive comparison against sector averages

Comparative Metrics

GRAVITA metrics compared to Minerals

CategoryGRAVITAMinerals
PE37.1512.99
PS3.172.69
Growth20.7 %9 %
67% metrics above sector average

Performance Comparison

GRAVITA vs Minerals (2021 - 2025)

GRAVITA outperforms the broader Minerals sector, although its performance has declined by 101.4% from the previous year.

Key Insights
  • 1. GRAVITA is among the Top 3 Industrial Minerals companies by market cap.
  • 2. The company holds a market share of 10.6% in Industrial Minerals.
  • 3. In last one year, the company has had an above average growth that other Industrial Minerals companies.

Income Statement for GRAVITA INDIA

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for GRAVITA INDIA

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for GRAVITA INDIA

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does GRAVITA INDIA LIMITED do?

Gravita India Limited manufactures and recycles aluminum, plastic, lead, and lead products 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 manufactures lead metal products, including pure lead/refined lead ingots, red lead, litharge, lead sub oxide, and lead coolant in nuclear power, as well as lead alloys, sheets, plates, balls, bricks, wool, sheath, weights, powder, wire, and metal; plastic products, such as recycled polypropylene granules, polycarbonate, HDPE, ABS granules, chips, and compounds; and aluminium solutions, including various metals and foundry alloys. It also offers consultancy services for recycling operations; turnkey solutions for recycling processes and solutions; and lead chemicals, such as soda ash, mill scale, iron and cast iron chips, tin, arsenic, calcium aluminium alloy, lead and aluminium chloride, sulphur, caustic soda, antimony ingots, and iron pyrite. In addition, the company trades in aluminium scraps, such as taint tabor and tense aluminium; and procures battery, plastic, and rubber scrap materials. The company also exports its products. Gravita India Limited was incorporated in 1992 and is based in Jaipur, India.

Industry Group:Minerals & Mining
Employees:1,760
Website:www.gravitaindia.com