Gravita India Limited has informed the Exchange about Capacity addition
GRAVITA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Smallcap 250 and 1.7 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gravita India is adding 80,300 MTPA of recycling capacity at its existing Mundra, Gujarat plant, taking total capacity to around 1,45,100 MTPA from the current 64,800 MTPA. The existing plant is already running close to full utilisation, so this addition is aimed at easing capacity constraints. The company will invest approximately Rs. 49 crore in FY 2025-26, funded entirely through internal accruals with no debt involved. Management says the move is part of its long-term plan to scale up sustainable lead recycling and cater to rising domestic and export demand.
A capacity addition of over 120% at a fully utilised plant is a strong growth signal and could drive higher volumes and revenues once commissioned. Since the project is self-funded, it avoids any interest cost burden or dilution risk for shareholders. Short-term stock reaction is likely positive given the visibility on near-term revenue ramp-up.