
GRAVITA - GRAVITA INDIA LIMITED Share Price
Minerals & Mining
Valuation | |
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Market Cap | 13.12 kCr |
Price/Earnings (Trailing) | 37.15 |
Price/Sales (Trailing) | 3.17 |
EV/EBITDA | 28.2 |
Price/Free Cashflow | 75.04 |
MarketCap/EBT | 32.45 |
Enterprise Value | 13.31 kCr |
Fundamentals | |
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Revenue (TTM) | 4.14 kCr |
Rev. Growth (Yr) | 17% |
Earnings (TTM) | 337.96 Cr |
Earnings Growth (Yr) | 36.9% |
Profitability | |
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Operating Margin | 10% |
EBT Margin | 10% |
Return on Equity | 16.27% |
Return on Assets | 13.44% |
Free Cashflow Yield | 1.33% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
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Price Change 1W | -0.70% |
Price Change 1M | -0.80% |
Price Change 6M | -11.4% |
Price Change 1Y | -0.10% |
3Y Cumulative Return | 85% |
5Y Cumulative Return | 102.8% |
7Y Cumulative Return | 42.2% |
10Y Cumulative Return | 48.5% |
Cash Flow & Liquidity | |
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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 & Equivalents | 94.61 Cr |
Free Cash Flow (TTM) | 174.87 Cr |
Free Cash Flow/Share (TTM) | 23.69 |
Balance Sheet | |
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Total Assets | 2.52 kCr |
Total Liabilities | 437.55 Cr |
Shareholder Equity | 2.08 kCr |
Current Assets | 1.96 kCr |
Current Liabilities | 232.26 Cr |
Net PPE | 422.48 Cr |
Inventory | 616.8 Cr |
Goodwill | 5.83 Cr |
Capital Structure & Leverage | |
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Debt Ratio | 0.11 |
Debt/Equity | 0.14 |
Interest Coverage | 10.09 |
Interest/Cashflow Ops | 8.74 |
Dividend & Shareholder Returns | |
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Dividend/Share (TTM) | 6.35 |
Dividend Yield | 0.36% |
Shares Dilution (1Y) | 6.9% |
Shares Dilution (3Y) | 6.9% |
Risk & Volatility | |
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Max Drawdown | -5.6% |
Drawdown Prob. (30d, 5Y) | 41.92% |
Risk Level (5Y) | 43.8% |
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:
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."
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."
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."
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."
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."
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."
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."
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."
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%."
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
Description | Share | Value |
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Lead | 89.3% | 928.2 Cr |
Aluminium | 9.1% | 94.4 Cr |
Plastics | 1.6% | 16.4 Cr |
Total | 1 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 Name | Holding % |
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RAJAT AGRAWAL | 32.38% |
Rajat Agrawal Trustee of Agrawal Family Private Trust | 23.5% |
OXBOW MASTER FUND LIMITED | 2.44% |
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P | 2.23% |
YAGYADATT SHARMA TRUSTEE ON BEHALF OF GRAVITA EMPLOYEE WELFARE TRUST | 1.33% |
TATA MUTUAL FUND - TATA ELSS TAX SAVER FUND | 1.28% |
JUPITER INDIA FUND | 1.11% |
MAHAVIR PRASAD AGARWAL | 0% |
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 |
---|---|---|---|---|---|---|---|---|---|
VEDL | Vedanta | 1.68 LCr | 1.59 LCr | -2.20% | +2.00% | 11.51 | 1.06 | - | - |
HINDALCO | Hindalco Industries | 1.51 LCr | 2.41 LCr | 0.00% | +9.80% | 9.35 | 0.63 | - | - |
ECORECO | Eco Recycling | 1.16 kCr | 46.02 Cr | -1.00% | -20.30% | 50 | 25.28 | - | - |
NRL | Nupur Recyclers | 633.33 Cr | - | -8.60% | -18.30% | 59.48 | 2.68 | - | - |
Sector Comparison: GRAVITA vs Minerals & Mining
Comprehensive comparison against sector averages
Comparative Metrics
GRAVITA metrics compared to Minerals
Category | GRAVITA | Minerals |
---|---|---|
PE | 37.15 | 12.99 |
PS | 3.17 | 2.69 |
Growth | 20.7 % | 9 % |
Performance Comparison
GRAVITA vs Minerals (2021 - 2025)
- 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
Balance Sheet for GRAVITA INDIA
Cash Flow for GRAVITA INDIA
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.