Gravita India

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• DebtHigh safetyRated AA to AA- by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 42% and profit rose 14% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 56% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 24.9 times its yearly earnings (P/E), cheaper than 63% of the time in the last 5 years. Its usual P/E is about 24.

Gravita India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)24.9 against a typical 24.9: in line than most peers (1st = cheapest).8th of 15
• Sales growth+41.8% against a typical +28.9% from a year earlier.5th of 14
• Profit growth+14% against a typical +3.1% from a year earlier.4th of 10
• Share price, 3 months−17% against a typical −20.1%.7th of 15
• Size₹ 9,897.7 Cr. market value against a typical ₹ 987.9 Cr. (1st = largest).3rd of 13

Exchange filings and their impact on the company.

• 27 Oct 2026DividendHigh impactPositivePrice −0% on 28 Oct
  Strong 38% Q2 revenue growth led by Copper, modest 6% profit growth with margin dilution, plus Rs 7.70 interim dividend.

  Gravita India reported Q2 FY27 consolidated revenue of Rs 1,427 crore, up about 38% from last year, and net profit of Rs 102 crore, up about 6%, taking first-half revenue to Rs 2,902 crore and profit to Rs 208 crore. Growth came mainly from the copper business added via the Rashtriya Metal acquisition, though lower copper margins and higher costs limited profit growth. The board also declared an interim dividend of Rs 7.70 per Rs 2 share, with 3 November 2026 as record date, totalling about Rs 56.8 crore.

  Full analysisFiling
• 26 Oct 2026AcquisitionLow impactPositivePrice −2.6% that day
  Gravita incorporated a US wholly-owned subsidiary to expand overseas recycling footprint.

  Gravita India has incorporated Gravita Recyclers USA Inc. as a wholly-owned subsidiary in the USA, following its 5th October 2026 intimation about the proposal. No investment amount or capital details were disclosed in this filing. The move extends Gravita's lead and battery recycling footprint to the US market, with meaningful revenue contribution expected only after setup over the next year.

  Full analysisFiling
• 17 Oct 2026AcquisitionLow impactPositivePrice −2.2% on 19 Oct
  Gravita to invest Rs 94.4 cr in its copper subsidiary RMIL via rights issue, keeping 99.6% stake.

  Gravita India will invest about Rs 94.42 crore to subscribe to the rights issue of its material subsidiary Rashtriya Metal Industries Limited (RMIL). RMIL makes copper and copper alloy strips and coils, with FY26 turnover of Rs 1041 crore, net worth of Rs 330 crore and total assets of Rs 579 crore. Gravita's stake stays at about 99.58% and the money is for the subsidiary's general corporate purposes.

  Full analysisFiling
• 8 Oct 2026AcquisitionLow impactPositivePrice −1.1% on 9 Oct
  Gravita adds Mozambique recycling subsidiary for long-term expansion with negligible 12-month impact.

  Gravita India said its subsidiaries Gravita Netherlands B.V. and Gravita Global Pte Ltd, Singapore have incorporated Green Maputo Recyclers, LDA in Mozambique on 2nd October 2026 as a step-down wholly owned subsidiary. No investment amount, shareholding cost, capacity or project details were disclosed. The move extends Gravita's overseas lead-recycling footprint to Mozambique, with no meaningful revenue or profit contribution expected in the next 12 months.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Rajat Agrawal

Executive Chairman of the Board, Managing Director

Yogesh Malhotra

Chief Executive Officer, Whole Time Director

Sunil Kansal

Chief Financial Officer, Whole Time Director

Nitin Gupta

Compliance Officer, Company Secretary