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Companies›Commodities›Metals & Mining›Minerals & Mining
NSE:GRAVITA

GRAVITA INDIA LIMITED

Metals & Mining › Minerals & Mining·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹1,340.00
at close · 28 Oct 2026
▼ 4.00 (-0.30%)

Latest filings

  1. Gravita India schedules one-on-one meeting with SBI Funds Management · Compliance
  2. Gravita shares audio recording of September 2026 earnings call · Investor Communications
  3. Gravita Q2 FY27 revenue up 38%, profit after tax up 6% · Compliance
All filings ↓
Ask Nexa about GRAVITA INDIA LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Recycles scrap metal — predominantly end-of-life lead-acid batteries — into refined lead, aluminium, plastics and copper products. Lead recycling makes up 88.4% of FY26 segment revenue (Rs 3,771.1 crore) and Rs 454.15 crore of segment EBIT. Aluminium recycling adds 8.5%, plastics 1.7%, copper 1.2%, and turnkey projects and others together 0.2%. Lead metal from the Mundra plant has been listed on the London Metal Exchange under the brand 'Gravita-M', giving access to global battery and industrial OEMs. In March 2026 it acquired 99.44% of Rashtriya Metal Industries for Rs 561.84 crore, opening a copper recycling business in Gujarat. Pilot lithium-ion battery recycling (6,000 MTPA) and rubber recycling (30,000 MT) are also being set up at Mundra. Materials — mainly scrap metal — account for 84% of FY26 revenue.

Revenue mix · reported segments
Lead88.4%
Aluminium8.5%
Plastics1.7%
Copper1.2%
Turnkey Projects0.1%
Others0.1%
Operating scale
Total installed recycling capacity
4.97 lakh MTPAQ1 FY27
FY29 capacity target
8 lakh MTPAFY29
Acquired copper capacity via RML
31,200 MTPA
Capex plan through FY29
Rs 1,680 croreFY29
Value-added product share of revenue
63%Q1 FY27
LME brand listing
Gravita-M lead metal from MundraQ1 FY27
Who pays it
Battery OEMs and industrial metal buyers, with global access via LME-listed lead brand
Biggest cost
Materials (mainly scrap metal) at 84% of FY26 revenue
Kind of business
Asset-heavy, multi-metal recycling business concentrated in lead
Where it sits
One of few LME-listed Indian secondary lead recyclers; total recycling capacity 4.97 lakh MTPA scaling to 8 lakh MTPA by FY29
Market Cap
₹9,889 Cr
P / E (TTM)
24.9×
EV / EBITDA
19.6×
Div Yield
0.47%
Growth
24.8%▲
Revenue 5y CAGR
PAT +46.1% · EBITDA +33.9%
Quality
29.1%▲
ROCE (5y median)
ROE 28.5% (5y median) · margin 12.0%
Leverage
0.30·
Debt / Equity · low
Net debt ₹652 Cr
Revenue FY21→FY26
3.0×▲
Margin +4.8 pts
₹1,410 Cr → ₹4,265 Cr
Cash conversion
0.55×▼
Operating cash ÷ profit · 5 yrs
₹704 Cr on ₹1,286 Cr
Moves on a normal day
1.16%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 13 Industrial Minerals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/9
P/B#11/13
ROCE#4/14
ROE#5/13
Debt / Equity#6/13
EBITDA margin#9/13
Revenue growth#3/13
Profit growth#7/14

Scorecard

Measured from the filed financials, judged against its Industrial Minerals peers · as of FY26 — not investment advice

Strengths
Revenue compounding 25% a year over 5 years
Profit compounding 46% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 29.1% (5-year median)
#4 of 14 in Industrial Minerals on the latest reported figures · down from 29.1% in FY21
Concerns
Over 5 years it reported ₹1,286 Cr of profit and ₹704 Cr of operating cash — 0.55×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 15 → 37 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

GRAVITA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GRAVITA INDIA LIMITED's filed financials and exchange disclosures

What does GRAVITA INDIA LIMITED do?

GRAVITA INDIA LIMITED is a Minerals & Mining company listed on NSE and BSE, trading under the symbol GRAVITA.

Is GRAVITA INDIA LIMITED profitable?

Yes. Over the trailing twelve months GRAVITA INDIA LIMITED reported a net profit of ₹392 Cr on revenue of ₹4,700 Cr.

Does GRAVITA INDIA LIMITED pay a dividend?

Yes. The dividend yield is 0.47% at the current price. It paid out 12% of its profit as dividend in FY26.

Is GRAVITA INDIA LIMITED debt-free?

No. It reported borrowings of ₹732 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹652 Cr after cash. Debt stands at 0.30× equity. That is lower than 58% of its 13 Industrial Minerals peers.

Is GRAVITA INDIA LIMITED expensive compared with its peers?

On trailing P/E, GRAVITA INDIA LIMITED ranks 7 of 9 in Industrial Minerals — cheaper than 25% of them, against an industry median of 14.5×. This is a position, not a valuation judgement.

How much does the GRAVITA INDIA LIMITED share price move in a day?

On a typical session GRAVITA INDIA LIMITED moves 1.16% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GRAVITA INDIA LIMITED's announcements?

Every NSE and BSE filing by GRAVITA INDIA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.