GRAVITANSEGravita India Limited· MiningHighPositive
Announced Fri, 8 May · 17:24 IST

Gravita India Limited has informed the Exchange about Capacity addition

Greenfield CommissionedCapex & Operations View source PDF

GRAVITA · price

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₹1762.00
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₹1750.00
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AI summary

Gravita India Limited is expanding capacity at its existing Lead recycling unit located in Phagi, Jaipur. The current capacity of 35,319 MTPA is close to full utilization. The company plans to add approximately 42,000 MTPA of new capacity by end of June 2026, representing a significant capacity boost of roughly 19%. The expansion requires an investment of approximately Rs. 30 crore, which will be funded through internal accruals. The rationale is to strengthen recycling capabilities and capture growing domestic and international demand for sustainable lead products.

Likely market impact

This expansion signals strong demand outlook and positions Gravita for revenue growth. The brownfield approach with internal funding minimizes financial risk while improving operational scale in their core recycling business.