About
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.
Key Metrics
as of Sep 2026Market Cap12,289 Cr
P/E31.40
Div Yield0.38 %
Book Value₹332.00
52w High₹1,914.00
52w Low₹1,267.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 860.00 | 915.00 | 864.00 | 852.00 | 851.00 | 860.00 | 819.00 | 786.00 | 757.00 | 721.00 | 599.00 | 705.00 | 654.00 |
| Expenses | 786.00 | 838.00 | 789.00 | 762.00 | 779.00 | 786.00 | 773.00 | 734.00 | 706.00 | 676.00 | 551.00 | 643.00 | 609.00 |
| Operating Profit | 74.00 | 76.00 | 75.00 | 90.00 | 71.00 | 74.00 | 46.00 | 52.00 | 51.00 | 44.00 | 48.00 | 62.00 | 44.00 |
| OPM % | 9.00 | 8.00 | 9.00 | 11.00 | 8.00 | 9.00 | 6.00 | 7.00 | 7.00 | 6.00 | 8.00 | 9.00 | 7.00 |
| Other Income | 21.00 | 16.00 | 22.00 | 19.00 | 20.00 | 22.00 | 5.00 | 18.00 | 2.00 | 16.00 | 23.00 | -1.00 | 17.00 |
| Depreciation | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Interest | 5.00 | 3.00 | 2.00 | 3.00 | 1.00 | 1.00 | 7.00 | 7.00 | 6.00 | 7.00 | 8.00 | 7.00 | 10.00 |
| Profit before tax | 84.00 | 84.00 | 90.00 | 102.00 | 86.00 | 91.00 | 40.00 | 59.00 | 43.00 | 50.00 | 60.00 | 51.00 | 48.00 |
| Tax % | 19.00 | 17.00 | 20.00 | 15.00 | 21.00 | 19.00 | 14.00 | 15.00 | 16.00 | 6.00 | 16.00 | 14.00 | 19.00 |
| Net Profit | 68.00 | 70.00 | 72.00 | 87.00 | 68.00 | 74.00 | 34.00 | 51.00 | 36.00 | 47.00 | 50.00 | 44.00 | 39.00 |
| EPS in Rs | 9.22 | 9.44 | 9.78 | 11.82 | 9.21 | 9.96 | 4.63 | 7.33 | 5.19 | 6.80 | 7.31 | 6.30 | 5.61 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,481.00 | 3,223.00 | 2,679.00 | 2,524.00 | 1,894.00 | 1,226.00 | 1,172.00 | 1,059.00 | 787.00 | 533.00 | 353.00 | 334.00 |
| Expenses | 3,169.00 | 2,998.00 | 2,478.00 | 2,422.00 | 1,813.00 | 1,161.00 | 1,100.00 | 1,018.00 | 729.00 | 493.00 | 343.00 | 327.00 |
| Operating Profit | 312.00 | 225.00 | 202.00 | 102.00 | 81.00 | 65.00 | 72.00 | 42.00 | 58.00 | 40.00 | 10.00 | 7.00 |
| OPM % | 9.00 | 7.00 | 8.00 | 4.00 | 4.30 | 5.00 | 6.00 | 3.90 | 7.00 | 7.00 | 2.90 | 2.10 |
| Other Income | 77.00 | 46.00 | 52.00 | 59.00 | 6.00 | 10.00 | -9.00 | 12.00 | 1.00 | 1.00 | 4.00 | 7.00 |
| Interest | 9.00 | 23.00 | 32.00 | 34.00 | 30.00 | 26.00 | 27.00 | 23.00 | 18.00 | 9.00 | 8.00 | 9.00 |
| Depreciation | 18.00 | 15.00 | 13.00 | 11.00 | 9.00 | 9.00 | 9.00 | 7.00 | 5.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | 363.00 | 233.00 | 208.00 | 116.00 | 49.00 | 40.00 | 28.00 | 24.00 | 36.00 | 28.00 | 3.00 | 2.00 |
| Tax % | 18.00 | 17.00 | 14.00 | 13.00 | 18.00 | 20.00 | 20.00 | 21.00 | 30.00 | 19.00 | -1.00 | -205.00 |
| Net Profit | 297.00 | 194.00 | 180.00 | 101.00 | 40.00 | 32.00 | 22.00 | 19.00 | 25.00 | 23.00 | 3.00 | 5.00 |
| EPS in Rs | 40.24 | 26.30 | 26.02 | 14.65 | 5.76 | 4.66 | 3.25 | 2.76 | 3.71 | 3.36 | 0.48 | 0.75 |
| Dividend Payout % | 16.00 | 24.00 | 20.00 | 30.00 | 52.00 | 24.00 | 22.00 | 11.00 | 19.00 | 18.00 | 42.00 | 27.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 1,832.00 | 1,580.00 | 443.00 | 295.00 | 194.00 | 175.00 | 150.00 | 136.00 | 122.00 | 102.00 | 79.00 | 76.00 |
| Borrowings | 336.00 | 12.00 | 268.00 | 286.00 | 322.00 | 212.00 | 230.00 | 216.00 | 207.00 | 160.00 | 94.00 | 90.00 |
| Other Liabilities | 239.00 | 244.00 | 315.00 | 251.00 | 229.00 | 186.00 | 85.00 | 119.00 | 64.00 | 24.00 | 10.00 | 16.00 |
| Total Liabilities | 2,422.00 | 1,851.00 | 1,039.00 | 846.00 | 758.00 | 587.00 | 480.00 | 485.00 | 407.00 | 299.00 | 197.00 | 196.00 |
| Fixed Assets | 319.00 | 216.00 | 203.00 | 177.00 | 140.00 | 115.00 | 117.00 | 107.00 | 82.00 | 54.00 | 38.00 | 37.00 |
| CWIP | 19.00 | 25.00 | 8.00 | 14.00 | 15.00 | 5.00 | 3.00 | 9.00 | 14.00 | 23.00 | 12.00 | 3.00 |
| Investments | 935.00 | 534.00 | 9.00 | 10.00 | 9.00 | 10.00 | 15.00 | 24.00 | 17.00 | 29.00 | 27.00 | 27.00 |
| Other Assets | 1,149.00 | 1,076.00 | 819.00 | 645.00 | 594.00 | 457.00 | 345.00 | 345.00 | 294.00 | 192.00 | 120.00 | 129.00 |
| Total Assets | 2,422.00 | 1,851.00 | 1,039.00 | 846.00 | 758.00 | 587.00 | 480.00 | 485.00 | 407.00 | 299.00 | 197.00 | 196.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -8.00 | 168.00 | 91.00 | 96.00 | -21.00 | 53.00 | 20.00 | 54.00 | -18.00 | -9.00 | 7.00 | -1.00 |
| Cash from Investing Activity | -308.00 | -783.00 | -15.00 | -22.00 | -41.00 | -2.00 | 0.00 | -34.00 | -10.00 | -40.00 | -4.00 | -8.00 |
| Cash from Financing Activity | 267.00 | 666.00 | -82.00 | -68.00 | 61.00 | -50.00 | -22.00 | -18.00 | 27.00 | 52.00 | -4.00 | 9.00 |
| Net Cash Flow | -48.00 | 52.00 | -6.00 | 6.00 | -1.00 | 1.00 | -3.00 | 2.00 | -2.00 | 3.00 | -1.00 | 0.00 |
| Free Cash Flow | -136.00 | 121.00 | 63.00 | 47.00 | -65.00 | 39.00 | 16.00 | 27.00 | -40.00 | -46.00 | -3.00 | -5.00 |
| CFO/OP % | 15.00 | 94.00 | 63.00 | 113.00 | -13.00 | 91.00 | 37.00 | 142.00 | -16.00 | -19.00 | 71.00 | -25.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26.00 | 23.00 | 29.00 | 20.00 | 20.00 | 19.00 | 19.00 | 37.00 | 49.00 | 41.00 | 30.00 | 23.00 |
| Inventory Days | 76.00 | 57.00 | 76.00 | 64.00 | 79.00 | 88.00 | 55.00 | 52.00 | 69.00 | 70.00 | 60.00 | 79.00 |
| Days Payable | 18.00 | 21.00 | 30.00 | 17.00 | 16.00 | 45.00 | 28.00 | 42.00 | 31.00 | 11.00 | 6.00 | 12.00 |
| Cash Conversion Cycle | 84.00 | 58.00 | 76.00 | 67.00 | 82.00 | 63.00 | 46.00 | 47.00 | 87.00 | 100.00 | 84.00 | 90.00 |
| Working Capital Days | 87.00 | 60.00 | 33.00 | 26.00 | 27.00 | 25.00 | 15.00 | 1.00 | 9.00 | 5.00 | 9.00 | 12.00 |
| ROCE % | 20.00 | 21.00 | 37.00 | 27.00 | 17.00 | 17.00 | 18.00 | 13.00 | 18.00 | 17.00 | 5.00 | 7.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 08 May 2025 | 08 May 2025 | — | 6.35 | |
| Other | 11 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 14 May 2024 | 14 May 2024 | — | 5.20 | |
| Dividend | 04 Sep 2023 | 04 Sep 2023 | — | 4.35 | |
| Other | 04 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 08 Feb 2022 | 09 Feb 2022 | — | 3.00 | |
| Other | 17 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 08 Feb 2021 | 09 Feb 2021 | — | 1.10 | |
| Other | 12 Nov 2020 | — | — | — | Annual General Meeting |
| Dividend | 05 Mar 2020 | 06 Mar 2020 | — | 0.70 | |
| Dividend | 11 Sep 2019 | — | — | 0.30 | |
| Dividend | 23 Aug 2018 | — | — | 0.70 | |
| Dividend | 01 Aug 2017 | — | — | 0.60 | |
| Dividend | 28 Jul 2016 | — | — | 0.20 | |
| Dividend | 30 Jul 2015 | — | — | 0.20 | |
| Dividend | 24 Jul 2014 | — | — | 0.50 | |
| Dividend | 12 Feb 2014 | 13 Feb 2014 | — | 0.30 | |
| Dividend | 22 Jul 2013 | — | — | 0.30 | |
| Dividend | 06 Feb 2013 | 07 Feb 2013 | — | 0.30 | |
| Dividend | 05 Sep 2012 | 06 Sep 2012 | — | 0.20 | |
| Dividend | 30 Jul 2012 | — | — | 0.60 | |
| Split | 25 May 2012 | 28 May 2012 | 10:2 | — | |
| Dividend | 15 Feb 2012 | 16 Feb 2012 | — | 1.00 | |
| Dividend | 14 Feb 2012 | 16 Feb 2012 | — | 1.00 | |
| Dividend | 20 Jul 2011 | — | — | 4.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 Jun from icra
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Rating update10 Jun from fitch
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Rating update12 May from fitch
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Rating update18 Feb from icra
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Rating update16 Sep 2025 from icra
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Rating update28 Mar 2025 from icra
Conference Calls
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