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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lead (88%), Aluminium (9%), Plastics (2%), Copper (1%), Turnkey Projects (0%), Others (0%). Asset-heavy, multi-metal recycling business concentrated in lead
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,216 | 2,801 | 3,161 | 3,869 | 4,265 |
| EBITDA (ex other income) | 211 | 198 | 284 | 324 | 435 |
| margin % | 9.5 | 7.1 | 9.0 | 8.4 | 10.2 |
| Owners' profit | 139 | 201 | 239 | 312 | 379 |
| EPS, as reported (₹) | 20.60 | 29.72 | 34.88 | 45.11 | 52.02 |
| ROE % · ROCE % | 37.0 · 37.5 | 33.9 · 37.4 | 28.5 · 29.1 | 15.1 · 17.8 | 15.4 · 18.1 |
| Debt / equity (x) | 0.97 | 0.57 | 0.64 | 0.14 | 0.30 |
| Cash from operations | 10 | 200 | 42 | 282 | 169 |
| Capex | (73) | (108) | (98) | (107) | (216) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 927 | 996 | 1,037 | 1,040 | 1,036 | 1,017 | 1,173 | 1,475 |
| Profit before tax | 85 | 89 | 115 | 116 | 111 | 115 | 106 | 131 |
| Net profit | 72 | 78 | 95 | 93 | 96 | 97 | 92 | 106 |
| EPS (₹) | 10.66 | 11.35 | 13.04 | 12.81 | 13.18 | 13.41 | 12.62 | 14.60 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Lead | 3,771 | 88.4 |
| Aluminium | 365 | 8.5 |
| Plastics | 70 | 1.7 |
| Copper | 52 | 1.2 |
| Turnkey Projects | 5 | 0.1 |
| Others | 3 | 0.1 |
| Total, before eliminations | 4,265 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LLOYDS METALS N ENERGY L |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Update on Institutional Investor Meeting held on 11 Sep 2026 | investor communications | low | — | — |
| 9 Sept 2026 · Special window opened for re-lodging physical share transfer requests | compliance | minimal | — | — |
| 7 Sept 2026 · Gravita India to meet Franklin Templeton on 11 Sept 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Gravita India updates on institutional investor meeting outcome | investor communications | low | — | — |
| 3 Sept 2026 · Gravita India: 34th AGM Notice and E-Voting Info Published in Newspapers | compliance | minimal | — | — |
| 2 Sept 2026 · Gravita India: Update on Institutional Investor Meeting on 2 Sep 2026 | investor communications | low | — | — |
| 2 Sept 2026 · Gravita India 34th AGM on 28 Sep 2026, annual report dispatched | compliance | minimal | — | — |
| 2 Sept 2026 · Book Closure for 34th AGM from 22 to 28 September 2026 | corporate actions | low | — | — |
| 2 Sept 2026 · Gravita India reports FY26 ESG progress and safety setback | compliance | minimal | — | — |
| 2 Sept 2026 · Gravita India: 34th AGM notice and FY26 annual report filed with exchanges | board shareholder meetings | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 1,01,435 |
| 20.4 |
| 7.11 |
| 18.9 |
| 26.8 |
| 17.7 |
| 132.2 |
| 39.6 |
| NMDC LTD. | 72,444 | 9.7 | 2.13 | 7.3 | 21.9 | 28.0 | 15.8 | 41.4 |
| GUJARAT MINERAL DEV CORP | 18,345 | 19.2 | 2.59 | 13.3 | 13.5 | 15.5 | 14.7 | 29.5 |
| GRAVITA INDIA LIMITED ◆ | 12,457 | 31.4 | 5.07 | 25.6 | 15.4 | 17.2 | 24.8 | 10.7 |
| ASHAPURA MINECHEM LTD | 5,179 | 12.7 | 3.15 | 9.4 | 25.3 | 15.0 | 35.5 | 11.7 |
| MOIL LIMITED | 4,996 | 78.7 | 1.85 | 11.2 | 0.3 | 0.4 | — | 35.6 |
| ORISSA MIN DEV CO LTD | 2,388 | — | — | — | (0.7) | 0.5 | — | 52.8 |
| 20 MICRONS LTD | 736 | 10.9 | 1.51 | 6.3 | 13.7 | 16.9 | 14.6 | 13.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 31.4 | 16.4 | 10 of 11 | 10% |
| P/B | 5.1 | 2.1 | 11 of 13 | 17% |
| ROCE | 17.2 | 8.4 | 4 of 14 | 77% |
| ROE | 15.4 | 7.3 | 5 of 14 | 69% |
| Debt / Equity | 0.3 | 0.3 | 7 of 14 | 54% |
| EBITDA margin | 10.7 | 13.8 | 9 of 13 | 33% |
| Revenue growth | 41.8 | 19.2 | 3 of 13 | 83% |
| Profit growth | 14.3 | 9.8 | 7 of 14 | 54% |
| Market cap | 12457 | 1562 | 4 of 14 | 77% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
