GRAVITA INDIA LIMITED
₹1,385.00-₹29.50 (-2.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹11,994 Cr
- P/E
- 45.6x
- EV / EBITDA
- 47.6x
- Revenue
- ₹3,223 Cr
- Net margin
- 6.7%
- ROCE
- 27.9%
Price chart
Technical chartScreen technicals →-17.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -4.4%
- 3M
- -12.3%
- 6M
- -15.0%
- 1Y
- -17.2%
- 5Y
- +532.1%
52-week range
Day change -₹29.50 (-2.1%) from ₹1,415 to ₹1,385 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in GRAVITA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 18.0%
Concerns1
- Negative free cash flow (₹615 Cr)
Rule-based from financial data. Not advice.
About the company
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.
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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.
- Sector
- Materials
- Shares outstanding
- 7.4 Cr shares
- ISIN
- INE024L01027
- BSE code
- 533282
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹11,994 Cr
- P/E
- 45.6x
- P/B
- 7.0x
- EV / EBITDA
- 47.6x
- EV / Sales
- 4.5x
- P/S
- 4.5x
- Earnings yield
- 2.2%
- 52-week high
- ₹1,871.65
- 52-week low
- ₹1,297.80
Profitability
- Operating margin
- 7.5%
- Net margin
- 6.7%
- EBITDA margin
- 9.5%
- ROE
- 39.4%
- ROCE
- 27.9%
- ROA
- 17.3%
- Dividend payout
- 20.0%
- Tax rate
- 14.0%
- Other income, % of PBT
- 25.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,223 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹254 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 57.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.8%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 52.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹91.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -5.2%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹52.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 22.8%
Solvency and efficiency
- Current ratio
- 2.63
- Debt / Equity
- 0.59
- Debt / Assets
- 0.26
- Debt / EBITDA
- 1.06
- Interest coverage
- 6.31
- Financial leverage
- 2.27
- CFO / Net profit
- 0.51
- Cash / Market cap
- 6.8%
- Cash per share
- ₹110.96
- Asset turnover
- 2.58
- Fixed asset turnover
- 13.20
- Capital intensity
- 0.08
- Debtor days
- 29 days
- Inventory turnover
- 4.80
- Cash conversion cycle
- 76 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹6 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,998 Cr |
| Sales | Operating profit | ₹225 Cr |
| Operating profit | Interest | ₹23 Cr |
| Operating profit | Depreciation | ₹15 Cr |
| Operating profit | Profit before tax | ₹187 Cr |
| Other income | Profit before tax | ₹46 Cr |
| Profit before tax | Tax and other | ₹39 Cr |
| Profit before tax | Net profit | ₹194 Cr |
Revenue and net profit
Revenue grew 20.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,226 Cr | ₹32 Cr |
| FY2022 | ₹1,894 Cr | ₹40 Cr |
| FY2023 | ₹2,524 Cr | ₹101 Cr |
| FY2024 | ₹2,679 Cr | ₹180 Cr |
| FY2025 | ₹3,223 Cr | ₹194 Cr |
Cash flows
FY2025: ₹168 Cr from operations, -₹615 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹53 Cr | ₹51 Cr |
| FY2022 | -₹21 Cr | -₹62 Cr |
| FY2023 | ₹96 Cr | ₹74 Cr |
| FY2024 | ₹91 Cr | ₹76 Cr |
| FY2025 | ₹168 Cr | -₹615 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,223 Cr+20.3%1Y
- Net profit
- ₹194 Cr+7.8%1Y
- Cash from operations
- ₹168 Cr
- Free cash flow
- -₹615 Cr-909.2%1Y
- Revenue CAGR, 5Y
- 18.0%
- EBITDA CAGR, 5Y
- 32.2%
- Net profit CAGR, 5Y
- 52.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,223 Cr | ₹225 Cr | — | ₹194 Cr | ₹168 Cr | -₹615 Cr | 12.2% | +20.3% | +7.8% |
Monthly returns
Month-by-month returns of GRAVITA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,851 Cr |
| Equity capital | ₹15 Cr |
| Reserves | ₹1,580 Cr |
| Borrowings | ₹12 Cr |
| Other liabilities | ₹244 Cr |
| Assets | ₹1,851 Cr |
| Fixed assets | ₹216 Cr |
| Capital work in progress | ₹25 Cr |
| Investments | ₹534 Cr |
| Other assets | ₹1,076 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
GRAVITA trades at 45.6x earnings against a peer median of 35.5x (a 29% premium).
Not shown (no positive earnings and no EV / Sales): NMDC Steel Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| GRAVITA INDIA LIMITEDGRAVITAthis companyP/E ↑ premium | ₹11,994 Cr | 45.6x | 7.0x | 39.4% | 47.6x |
| Aarti Industries LtdAARTIIND | ₹13,175 Cr | 49.0x | 2.3x | 7.9% | 16.4x |
| Aether Industries LimitedAETHER | ₹13,146 Cr | 74.9x | 5.7x | 4.3% | 80.8x |
| Fine Organic Industries LimitedFINEORG | ₹12,930 Cr | 35.8x | 5.5x | 19.8% | 22.8x |
| Nuvoco Vistas Corporation LimitedNUVOCO | ₹12,637 Cr | 64.8x | 1.4x | 1.7% | 12.5x |
| NMDC Steel LimitedNSLNISP | ₹12,244 Cr | — | 0.9x | -10.1% | -13.2x |
| PCBL Chemical LimitedPCBL | ₹11,042 Cr | 30.8x | 2.7x | 16.3% | 13.6x |
| Jubilant Ingrevia LimitedJUBLINGREA | ₹10,899 Cr | 39.8x | 4.3x | 7.2% | 26.2x |
| Supreme Petrochem Ltd.SPLPETRO | ₹10,605 Cr | 34.5x | 4.8x | — | — |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
GRAVITA since 1 January, against earlier years.
Historical volatility
GRAVITA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 5.0% |
| FY2022 | 4.0% |
| FY2023 | 4.0% |
| FY2024 | 8.0% |
| FY2025 | 7.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,223 Cr |
| Costs | |
| Interest | ₹23 Cr |
| Expenses | ₹2,998 Cr |
| Operating profitOperating Profit | ₹225 Cr |
| Other income and charges | |
| Profit before tax | ₹233 Cr |
| Tax | |
| Net profitNet Profit | ₹194 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,851 Cr |
| Equity capitalEquity Capital | ₹15 Cr |
| Reserves | ₹1,580 Cr |
| Borrowings | ₹12 Cr |
| Other liabilitiesOther Liabilities | ₹244 Cr |
| AssetsTotal Assets | ₹1,851 Cr |
| Fixed assetsFixed Assets | ₹216 Cr |
| Capital work in progressCWIP | ₹25 Cr |
| Investments | ₹534 Cr |
| Other assetsOther Assets | ₹1,076 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹168 Cr |
| Investing cash flowCash from Investing Activity | -₹783 Cr |
| Financing cash flowCash from Financing Activity | ₹666 Cr |
| Change in cashNet Cash Flow | ₹52 Cr |
Learn while you research
Academy chapters picked for GRAVITA INDIA LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 45.6, learn when high multiples are justified.6 min read
- 04 Growth Investing20% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read