Gravita India Ltd.
•₹ 1,821.71.61%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Lead: 88.4% • Aluminium: 8.8% • Plastics: 2.2% • Turnkey Projects: 0.5% • Others: 0.1%
PROS
- Company has delivered good profit growth of 53.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%
- Company has a healthy return on capital (ROCE) of 27.3%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 23.5% CAGR over last 5 years
CONS
- A large part of profit comes from other income (30.8% of PBT)
- Promoter holding has decreased over last 2 years: -7.5pp
- Working capital days have increased from 70 to 151 days
- Stock is trading at 6.5x its book value
- Effective tax rate is unusually low at 13.9% - earnings may be flattered
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HINDZINC | 554.00 | 13.72 | 234082.67 | 1.81 | 5469.00 | 144.81 | 13747.00 | 81.10 | 69.83 | 58.56 |
| 2. | HINDALCO | 1035.75 | 14.19 | 232756.49 | 0.48 | 7013.00 | 75.15 | 84825.00 | 32.06 | 10.45 | 16.43 |
| 3. | VEDL | 262.25 | 5.21 | 102549.93 | 12.96 | 7918.00 | 77.65 | 24205.00 | -35.34 | 18.72 | 35.12 |
| 4. | HINDCOPPER | 554.90 | 47.21 | 53660.16 | 0.52 | 352.37 | 162.47 | 936.50 | 81.36 | 24.00 | 54.17 |
| 5. | VOGL | 36.67 | 0.00 | 14112.59 | 0.00 | 9450.00 | — | 25070.00 | — | 0.00 | 32.47 |
| 6. | GRAVITA | 1793.00 | 33.77 | 13233.86 | 0.00 | 106.37 | 14.30 | 1475.06 | 41.84 | 21.95 | 7.44 |
| 7. | JAINREC | 288.80 | 27.61 | 9966.08 | 0.00 | 69.41 | 22.79 | 2724.46 | 75.86 | 25.74 | 3.97 |
| 8. | CMRGREEN | 213.10 | 21.98 | 4668.07 | 0.00 | 68.18 | — | 3122.73 | 91.98 | 13.41 | 4.33 |
| 9. | POCL | 500.15 | 26.76 | 3815.05 | 0.40 | 358.80 | 42.58 | 9348.90 | 55.08 | 15.68 | 5.97 |
| 10. | ARDEE | 63.40 | 0.00 | 1998.37 | 0.00 | — | — | — | — | 49.04 | — |
| 11. | BHAGYANGR | 382.60 | 20.39 | 1281.57 | 0.00 | 20.24 | 167.37 | 705.08 | 45.20 | 9.17 | 5.43 |
| 12. | ONIXSOLAR | 338.85 | 0.00 | 1249.27 | 0.00 | 208.97 | — | 945.10 | — | 32.85 | 29.74 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 703 | 836 | 758 | 863 | 908 | 927 | 996 | 1,037 | 1,040 | 1,036 | 1,017 | 1,173 | 1,475 | |
| 645 | 764 | 677 | 791 | 820 | 864 | 916 | 945 | 939 | 933 | 897 | 1,060 | 1,391 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 23 | 14 | 15 | 25 | 7 | 40 | 29 | 36 | 30 | 26 | 12 | 9 | 48 |
| Interest | 13 | 11 | 13 | 12 | 13 | 12 | 13 | 6 | 6 | 8 | 7 | 4 | 11 |
| Depreciation | 8 | 9 | 9 | 12 | 7 | 7 | 8 | 8 | 9 | 9 | 10 | 11 | 14 |
| 61 | 67 | 74 | 72 | 75 | 85 | 89 | 115 | 116 | 111 | 115 | 106 | 131 | |
| Tax % | 14.08% | 12.18% | 16.67% | 3.88% | 9.41% | 15.11% | 12.40% | 17.15% | 19.73% | 13.76% | 15.29% | 13.35% | 18.97% |
| Net Profit | 0 | 0 | 0 | 0 | 68 | 72 | 78 | 95 | 93 | 96 | 97 | 92 | 106 |
| 8 | 9 | 9 | 10 | 10 | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 1 | |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 703
- 645
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 13
- Depreciation
- 8
- 61
- Tax %
- 14.08%
- Net Profit
- 0
- 8
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 836
- 764
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 11
- Depreciation
- 9
- 67
- Tax %
- 12.18%
- Net Profit
- 0
- 9
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 758
- 677
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 13
- Depreciation
- 9
- 74
- Tax %
- 16.67%
- Net Profit
- 0
- 9
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 863
- 791
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 12
- Depreciation
- 12
- 72
- Tax %
- 3.88%
- Net Profit
- 0
- 10
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 908
- 820
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 13
- Depreciation
- 7
- 75
- Tax %
- 9.41%
- Net Profit
- 68
- 10
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 927
- 864
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 12
- Depreciation
- 7
- 85
- Tax %
- 15.11%
- Net Profit
- 72
- 11
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 996
- 916
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 13
- Depreciation
- 8
- 89
- Tax %
- 12.40%
- Net Profit
- 78
- 11
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,037
- 945
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 6
- Depreciation
- 8
- 115
- Tax %
- 17.15%
- Net Profit
- 95
- 13
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,040
- 939
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 6
- Depreciation
- 9
- 116
- Tax %
- 19.73%
- Net Profit
- 93
- 13
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,036
- 933
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 8
- Depreciation
- 9
- 111
- Tax %
- 13.76%
- Net Profit
- 96
- 13
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,017
- 897
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 7
- Depreciation
- 10
- 115
- Tax %
- 15.29%
- Net Profit
- 97
- 13
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,173
- 1,060
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 11
- 106
- Tax %
- 13.35%
- Net Profit
- 92
- 13
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,475
- 1,391
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 11
- Depreciation
- 14
- 131
- Tax %
- 18.97%
- Net Profit
- 106
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 431 | 655 | 1,017 | 1,242 | 1,348 | 1,410 | 2,216 | 2,801 | 3,161 | 3,869 | 4,700 | |
| 414 | 597 | 926 | 1,180 | 1,247 | 1,295 | 2,001 | 2,599 | 2,875 | 3,542 | 4,282 | |
| Operating Profit | 21 | 60 | 93 | 67 | 102 | 122 | 223 | 295 | 364 | 439 | — |
| OPM % | 5 | 9 | 9 | 5 | 8 | 9 | 10 | 11 | 12 | 11 | — |
| Other Income | 4 | 3 | 2 | 5 | 1 | 7 | 8 | 93 | 78 | 112 | 94 |
| Interest | 9 | 11 | 20 | 26 | 31 | 31 | 38 | 44 | 52 | 46 | 30 |
| Depreciation | 7 | 6 | 9 | 12 | 18 | 20 | 21 | 24 | 38 | 29 | 45 |
| 6 | 44 | 64 | 30 | 47 | 71 | 165 | 228 | 274 | 363 | 464 | |
| Tax % | 8 | 19 | 26 | 34 | 22 | 20 | 10 | 10 | 12 | 14 | 16 |
| Net Profit | 5 | 35 | 48 | 19 | 37 | 57 | 148 | 204 | 242 | 313 | 392 |
| EPS | 1 | 5 | 6 | 2 | 5 | 8 | 21 | 30 | 35 | 42 | — |
| Dividend Payout % | 31 | 13 | 11 | 13 | 15 | 14 | 15 | 15 | 0 | 12 | — |
| Minority Interest | -1 | -2 | -4 | -4 | -3 | -4 | -9 | -3 | -3 | -1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 5 | 6 | 2 | 5 | 8 | 20 | 29 | 35 | 42 | — |
| Minority Interest | -1 | -2 | -4 | -4 | -3 | -4 | -9 | -3 | -3 | -1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 5 | 6 | 2 | 5 | 8 | 20 | 29 | 35 | 42 | — |
Mar 2016
- 431
- 414
- Operating Profit
- 21
- OPM %
- 5
- Other Income
- 4
- Interest
- 9
- Depreciation
- 7
- 6
- Tax %
- 8
- Net Profit
- 5
- EPS
- 1
- Dividend Payout %
- 31
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 655
- 597
- Operating Profit
- 60
- OPM %
- 9
- Other Income
- 3
- Interest
- 11
- Depreciation
- 6
- 44
- Tax %
- 19
- Net Profit
- 35
- EPS
- 5
- Dividend Payout %
- 13
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 1,017
- 926
- Operating Profit
- 93
- OPM %
- 9
- Other Income
- 2
- Interest
- 20
- Depreciation
- 9
- 64
- Tax %
- 26
- Net Profit
- 48
- EPS
- 6
- Dividend Payout %
- 11
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2019
- 1,242
- 1,180
- Operating Profit
- 67
- OPM %
- 5
- Other Income
- 5
- Interest
- 26
- Depreciation
- 12
- 30
- Tax %
- 34
- Net Profit
- 19
- EPS
- 2
- Dividend Payout %
- 13
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 1,348
- 1,247
- Operating Profit
- 102
- OPM %
- 8
- Other Income
- 1
- Interest
- 31
- Depreciation
- 18
- 47
- Tax %
- 22
- Net Profit
- 37
- EPS
- 5
- Dividend Payout %
- 15
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 1,410
- 1,295
- Operating Profit
- 122
- OPM %
- 9
- Other Income
- 7
- Interest
- 31
- Depreciation
- 20
- 71
- Tax %
- 20
- Net Profit
- 57
- EPS
- 8
- Dividend Payout %
- 14
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2022
- 2,216
- 2,001
- Operating Profit
- 223
- OPM %
- 10
- Other Income
- 8
- Interest
- 38
- Depreciation
- 21
- 165
- Tax %
- 10
- Net Profit
- 148
- EPS
- 21
- Dividend Payout %
- 15
- Minority Interest
- -9
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- -9
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2023
- 2,801
- 2,599
- Operating Profit
- 295
- OPM %
- 11
- Other Income
- 93
- Interest
- 44
- Depreciation
- 24
- 228
- Tax %
- 10
- Net Profit
- 204
- EPS
- 30
- Dividend Payout %
- 15
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 29
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 29
Mar 2024
- 3,161
- 2,875
- Operating Profit
- 364
- OPM %
- 12
- Other Income
- 78
- Interest
- 52
- Depreciation
- 38
- 274
- Tax %
- 12
- Net Profit
- 242
- EPS
- 35
- Dividend Payout %
- 0
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2025
- 3,869
- 3,542
- Operating Profit
- 439
- OPM %
- 11
- Other Income
- 112
- Interest
- 46
- Depreciation
- 29
- 363
- Tax %
- 14
- Net Profit
- 313
- EPS
- 42
- Dividend Payout %
- 12
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 42
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 42
TTM
- 4,700
- 4,282
- Operating Profit
- —
- OPM %
- —
- Other Income
- 94
- Interest
- 30
- Depreciation
- 45
- 464
- Tax %
- 16
- Net Profit
- 392
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 23%
- 5 Years:
- 23%
- 3 Years:
- 20%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 47%
- 5 Years:
- 57%
- 3 Years:
- 31%
STOCK PRICE CAGR
- 10 Years:
- 52%
- 5 Years:
- 57%
- 3 Years:
- 35%
- 1 Year:
- 4%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 33%
- 3 Years:
- 32%
- Last Year:
- 22%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 15 |
| 105 | 136 | 175 | 185 | 211 | 255 | 373 | 575 | 824 | 2,055 | |
| 93 | 142 | 211 | 222 | 230 | 205 | 278 | 254 | 255 | 8 | |
| Trade Payables | 8 | 14 | 47 | 98 | 86 | 135 | 33 | 89 | 68 | 40 |
| 19 | 50 | 45 | 54 | 74 | 117 | 315 | 305 | 513 | 512 | |
| Total Liabilities | 238 | 355 | 492 | 573 | 614 | 726 | 1,013 | 1,237 | 1,673 | 2,629 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 54 | 68 | 109 | 137 | 182 | 172 | 191 | 273 | 348 | 436 | |
| Capital Work in Progress | 15 | 32 | 24 | 46 | 15 | 13 | 42 | 46 | 43 | 39 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 16 | 528 | |
| 75 | 109 | 158 | 183 | 224 | 358 | 513 | 596 | 675 | 617 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 264 | 275 | |
| Cash & Bank | 13 | 18 | 17 | 22 | 20 | 20 | 33 | 38 | 99 | 407 |
| 80 | 127 | 184 | 185 | 173 | 163 | 233 | 283 | 228 | 327 | |
| Total Assets | 238 | 355 | 492 | 573 | 614 | 726 | 1,013 | 1,237 | 1,673 | 2,629 |
| Total Debt | 99 | 166 | 233 | 250 | 273 | 256 | 387 | 344 | 544 | 282 |
| Net Working Capital | 55 | 60 | 68 | 35 | 81 | 144 | 277 | 333 | 603 | 1,597 |
| Contingent Liabilities | 14 | 11 | 2 | 5 | 5 | 12 | 10 | 15 | 90 | 158 |
| Book Value per Share | 17.31 | 21.80 | 27.51 | 28.85 | 32.62 | 38.95 | 56.02 | 85.29 | 121.27 | 280.48 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 99 | 166 | 233 | 250 | 273 | 256 | 387 | 344 | 544 | 282 |
| Net Working Capital | 55 | 60 | 68 | 35 | 81 | 144 | 277 | 333 | 603 | 1,597 |
| Contingent Liabilities | 14 | 11 | 2 | 5 | 5 | 12 | 10 | 15 | 90 | 158 |
| Book Value per Share | 17.31 | 21.80 | 27.51 | 28.85 | 32.62 | 38.95 | 56.02 | 85.29 | 121.27 | 280.48 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 14
- 105
- 93
- Trade Payables
- 8
- 19
- Total Liabilities
- 238
- 54
- Capital Work in Progress
- 15
- 0
- 75
- 0
- Cash & Bank
- 13
- 80
- Total Assets
- 238
- Total Debt
- 99
- Net Working Capital
- 55
- Contingent Liabilities
- 14
- Book Value per Share
- 17.31
- Face Value
- 2.00
- Total Debt
- 99
- Net Working Capital
- 55
- Contingent Liabilities
- 14
- Book Value per Share
- 17.31
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 14
- 136
- 142
- Trade Payables
- 14
- 50
- Total Liabilities
- 355
- 68
- Capital Work in Progress
- 32
- 0
- 109
- 0
- Cash & Bank
- 18
- 127
- Total Assets
- 355
- Total Debt
- 166
- Net Working Capital
- 60
- Contingent Liabilities
- 11
- Book Value per Share
- 21.80
- Face Value
- 2.00
- Total Debt
- 166
- Net Working Capital
- 60
- Contingent Liabilities
- 11
- Book Value per Share
- 21.80
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 14
- 175
- 211
- Trade Payables
- 47
- 45
- Total Liabilities
- 492
- 109
- Capital Work in Progress
- 24
- 0
- 158
- 0
- Cash & Bank
- 17
- 184
- Total Assets
- 492
- Total Debt
- 233
- Net Working Capital
- 68
- Contingent Liabilities
- 2
- Book Value per Share
- 27.51
- Face Value
- 2.00
- Total Debt
- 233
- Net Working Capital
- 68
- Contingent Liabilities
- 2
- Book Value per Share
- 27.51
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 14
- 185
- 222
- Trade Payables
- 98
- 54
- Total Liabilities
- 573
- 137
- Capital Work in Progress
- 46
- 0
- 183
- 0
- Cash & Bank
- 22
- 185
- Total Assets
- 573
- Total Debt
- 250
- Net Working Capital
- 35
- Contingent Liabilities
- 5
- Book Value per Share
- 28.85
- Face Value
- 2.00
- Total Debt
- 250
- Net Working Capital
- 35
- Contingent Liabilities
- 5
- Book Value per Share
- 28.85
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 14
- 211
- 230
- Trade Payables
- 86
- 74
- Total Liabilities
- 614
- 182
- Capital Work in Progress
- 15
- 0
- 224
- 0
- Cash & Bank
- 20
- 173
- Total Assets
- 614
- Total Debt
- 273
- Net Working Capital
- 81
- Contingent Liabilities
- 5
- Book Value per Share
- 32.62
- Face Value
- 2.00
- Total Debt
- 273
- Net Working Capital
- 81
- Contingent Liabilities
- 5
- Book Value per Share
- 32.62
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 14
- 255
- 205
- Trade Payables
- 135
- 117
- Total Liabilities
- 726
- 172
- Capital Work in Progress
- 13
- 0
- 358
- 0
- Cash & Bank
- 20
- 163
- Total Assets
- 726
- Total Debt
- 256
- Net Working Capital
- 144
- Contingent Liabilities
- 12
- Book Value per Share
- 38.95
- Face Value
- 2.00
- Total Debt
- 256
- Net Working Capital
- 144
- Contingent Liabilities
- 12
- Book Value per Share
- 38.95
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 14
- 373
- 278
- Trade Payables
- 33
- 315
- Total Liabilities
- 1,013
- 191
- Capital Work in Progress
- 42
- 0
- 513
- 0
- Cash & Bank
- 33
- 233
- Total Assets
- 1,013
- Total Debt
- 387
- Net Working Capital
- 277
- Contingent Liabilities
- 10
- Book Value per Share
- 56.02
- Face Value
- 2.00
- Total Debt
- 387
- Net Working Capital
- 277
- Contingent Liabilities
- 10
- Book Value per Share
- 56.02
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 14
- 575
- 254
- Trade Payables
- 89
- 305
- Total Liabilities
- 1,237
- 273
- Capital Work in Progress
- 46
- 1
- 596
- 0
- Cash & Bank
- 38
- 283
- Total Assets
- 1,237
- Total Debt
- 344
- Net Working Capital
- 333
- Contingent Liabilities
- 15
- Book Value per Share
- 85.29
- Face Value
- 2.00
- Total Debt
- 344
- Net Working Capital
- 333
- Contingent Liabilities
- 15
- Book Value per Share
- 85.29
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 14
- 824
- 255
- Trade Payables
- 68
- 513
- Total Liabilities
- 1,673
- 348
- Capital Work in Progress
- 43
- 16
- 675
- 264
- Cash & Bank
- 99
- 228
- Total Assets
- 1,673
- Total Debt
- 544
- Net Working Capital
- 603
- Contingent Liabilities
- 90
- Book Value per Share
- 121.27
- Face Value
- 2.00
- Total Debt
- 544
- Net Working Capital
- 603
- Contingent Liabilities
- 90
- Book Value per Share
- 121.27
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 15
- 2,055
- 8
- Trade Payables
- 40
- 512
- Total Liabilities
- 2,629
- 436
- Capital Work in Progress
- 39
- 528
- 617
- 275
- Cash & Bank
- 407
- 327
- Total Assets
- 2,629
- Total Debt
- 282
- Net Working Capital
- 1,597
- Contingent Liabilities
- 158
- Book Value per Share
- 280.48
- Face Value
- 2.00
- Total Debt
- 282
- Net Working Capital
- 1,597
- Contingent Liabilities
- 158
- Book Value per Share
- 280.48
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 | 1 | -3 | 89 | 34 | 77 | 10 | 200 | 42 | 282 | |
| Cash from Investing | -10 | -49 | -42 | -66 | -14 | -19 | -69 | -105 | -158 | -864 |
| Cash from Financing | -17 | 49 | 40 | -17 | -21 | -57 | 72 | -87 | 121 | 640 |
| 2 | 2 | -4 | 6 | -2 | 1 | 12 | 7 | 5 | 59 | |
| Free Cash Flow | 15 | -9 | -41 | 28 | 3 | 71 | -56 | 93 | -72 | 174 |
| OCF / Net Profit | 5.27 | 0.03 | -0.05 | 4.59 | 0.93 | 1.35 | 0.06 | 0.98 | 0.18 | 0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | 52 | 5 | 139 | 39 | 210 |
| OCF / Net Profit | 5.27 | 0.03 | -0.05 | 4.59 | 0.93 | 1.35 | 0.06 | 0.98 | 0.18 | 0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | 52 | 5 | 139 | 39 | 210 |
Mar 2016
- 29
- Cash from Investing
- -10
- Cash from Financing
- -17
- 2
- Free Cash Flow
- 15
- OCF / Net Profit
- 5.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.27
- Cumulative 5-Year FCF
- 0
Mar 2017
- 1
- Cash from Investing
- -49
- Cash from Financing
- 49
- 2
- Free Cash Flow
- -9
- OCF / Net Profit
- 0.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.03
- Cumulative 5-Year FCF
- 0
Mar 2018
- -3
- Cash from Investing
- -42
- Cash from Financing
- 40
- -4
- Free Cash Flow
- -41
- OCF / Net Profit
- -0.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.05
- Cumulative 5-Year FCF
- 0
Mar 2019
- 89
- Cash from Investing
- -66
- Cash from Financing
- -17
- 6
- Free Cash Flow
- 28
- OCF / Net Profit
- 4.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.59
- Cumulative 5-Year FCF
- 0
Mar 2020
- 34
- Cash from Investing
- -14
- Cash from Financing
- -21
- -2
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- -4
Mar 2021
- 77
- Cash from Investing
- -19
- Cash from Financing
- -57
- 1
- Free Cash Flow
- 71
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 52
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 52
Mar 2022
- 10
- Cash from Investing
- -69
- Cash from Financing
- 72
- 12
- Free Cash Flow
- -56
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 5
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 5
Mar 2023
- 200
- Cash from Investing
- -105
- Cash from Financing
- -87
- 7
- Free Cash Flow
- 93
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 139
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 139
Mar 2024
- 42
- Cash from Investing
- -158
- Cash from Financing
- 121
- 5
- Free Cash Flow
- -72
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 39
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 39
Mar 2025
- 282
- Cash from Investing
- -864
- Cash from Financing
- 640
- 59
- Free Cash Flow
- 174
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 210
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 210
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.64 | 4.78 | 6.42 | 2.25 | 4.81 | 7.60 | 20.19 | 29.12 | 34.64 | 42.33 |
| Book Value (₹) | 17.31 | 21.80 | 27.51 | 28.85 | 32.62 | 38.95 | 56.02 | 85.29 | 121.27 | 280.48 |
| Dividend per Share (₹) | 0.20 | 0.60 | 0.70 | 0.30 | 0.70 | 1.10 | 3.00 | 4.35 | 0.00 | 5.20 |
| Cash EPS (₹) | 1.78 | 5.99 | 8.20 | 4.50 | 7.92 | 11.17 | 24.48 | 33.03 | 40.59 | 46.34 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 4.75% | 8.71% | 9.05% | 5.42% | 7.53% | 8.65% | 10.04% | 10.51% | 9.04% | 8.45% |
| Net Margin % | 1.21% | 5.11% | 4.63% | 1.56% | 2.71% | 4.02% | 6.68% | 7.27% | 7.66% | 8.08% |
| ROE % | 4.70% | 26.26% | 28.17% | 10.01% | 17.27% | 23.00% | 45.27% | 41.83% | 33.97% | 21.53% |
| ROCE % | 6.75% | 20.27% | 22.90% | 12.79% | 16.54% | 19.92% | 31.19% | 31.76% | 28.16% | 21.95% |
| 2.26% | 11.86% | 11.25% | 3.64% | 6.16% | 8.48% | 17.07% | 18.14% | 16.65% | 14.54% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 23 | 24 | 31 | 31 | 22 | 16 | 14 | 16 | 23 | 25 |
| Inventory Days | 67 | 49 | 47 | 50 | 55 | 75 | 72 | 72 | 73 | 61 |
| Payable Days | 11 | 8 | 14 | 26 | 31 | 36 | 18 | 10 | 11 | 6 |
| 78 | 65 | 64 | 55 | 46 | 56 | 68 | 78 | 85 | 80 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.84x | 1.11x | 1.23x | 1.26x | 1.21x | 0.95x | 1.00x | 0.58x | 0.65x | 0.14x |
| Interest Coverage (x) | 1.68x | 5.11x | 4.16x | 2.13x | 2.49x | 3.29x | 5.33x | 6.23x | 6.30x | 8.83x |
| 1.50x | 1.34x | 1.24x | 1.10x | 1.24x | 1.37x | 1.57x | 1.63x | 2.05x | 5.40x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -13.98% | 51.86% | 55.37% | 22.05% | 8.54% | 4.60% | 57.18% | 26.39% | 12.86% | 22.40% |
| Operating Profit Growth % | -11.00% | 179.57% | 55.41% | -27.77% | 51.11% | 20.10% | 82.67% | 32.20% | 23.34% | 20.63% |
| Net Profit Growth % | -42.82% | 541.09% | 35.59% | -59.30% | 88.67% | 55.32% | 161.26% | 37.48% | 18.71% | 29.15% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.94% | 22.20% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.81x | 43.16x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.23x | 6.51x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.16x | 30.43x |
Mar 2016
- EPS (₹)
- 0.64
- Book Value (₹)
- 17.31
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 1.78
- Operating Margin %
- 4.75%
- Net Margin %
- 1.21%
- ROE %
- 4.70%
- ROCE %
- 6.75%
- 2.26%
- Debtor Days
- 23
- Inventory Days
- 67
- Payable Days
- 11
- 78
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 1.68x
- 1.50x
- Revenue Growth %
- -13.98%
- Operating Profit Growth %
- -11.00%
- Net Profit Growth %
- -42.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 4.78
- Book Value (₹)
- 21.80
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 5.99
- Operating Margin %
- 8.71%
- Net Margin %
- 5.11%
- ROE %
- 26.26%
- ROCE %
- 20.27%
- 11.86%
- Debtor Days
- 24
- Inventory Days
- 49
- Payable Days
- 8
- 65
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 5.11x
- 1.34x
- Revenue Growth %
- 51.86%
- Operating Profit Growth %
- 179.57%
- Net Profit Growth %
- 541.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 6.42
- Book Value (₹)
- 27.51
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 8.20
- Operating Margin %
- 9.05%
- Net Margin %
- 4.63%
- ROE %
- 28.17%
- ROCE %
- 22.90%
- 11.25%
- Debtor Days
- 31
- Inventory Days
- 47
- Payable Days
- 14
- 64
- Debt to Equity (x)
- 1.23x
- Interest Coverage (x)
- 4.16x
- 1.24x
- Revenue Growth %
- 55.37%
- Operating Profit Growth %
- 55.41%
- Net Profit Growth %
- 35.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.25
- Book Value (₹)
- 28.85
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 4.50
- Operating Margin %
- 5.42%
- Net Margin %
- 1.56%
- ROE %
- 10.01%
- ROCE %
- 12.79%
- 3.64%
- Debtor Days
- 31
- Inventory Days
- 50
- Payable Days
- 26
- 55
- Debt to Equity (x)
- 1.26x
- Interest Coverage (x)
- 2.13x
- 1.10x
- Revenue Growth %
- 22.05%
- Operating Profit Growth %
- -27.77%
- Net Profit Growth %
- -59.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 4.81
- Book Value (₹)
- 32.62
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 7.92
- Operating Margin %
- 7.53%
- Net Margin %
- 2.71%
- ROE %
- 17.27%
- ROCE %
- 16.54%
- 6.16%
- Debtor Days
- 22
- Inventory Days
- 55
- Payable Days
- 31
- 46
- Debt to Equity (x)
- 1.21x
- Interest Coverage (x)
- 2.49x
- 1.24x
- Revenue Growth %
- 8.54%
- Operating Profit Growth %
- 51.11%
- Net Profit Growth %
- 88.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 7.60
- Book Value (₹)
- 38.95
- Dividend per Share (₹)
- 1.10
- Cash EPS (₹)
- 11.17
- Operating Margin %
- 8.65%
- Net Margin %
- 4.02%
- ROE %
- 23.00%
- ROCE %
- 19.92%
- 8.48%
- Debtor Days
- 16
- Inventory Days
- 75
- Payable Days
- 36
- 56
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 3.29x
- 1.37x
- Revenue Growth %
- 4.60%
- Operating Profit Growth %
- 20.10%
- Net Profit Growth %
- 55.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 20.19
- Book Value (₹)
- 56.02
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 24.48
- Operating Margin %
- 10.04%
- Net Margin %
- 6.68%
- ROE %
- 45.27%
- ROCE %
- 31.19%
- 17.07%
- Debtor Days
- 14
- Inventory Days
- 72
- Payable Days
- 18
- 68
- Debt to Equity (x)
- 1.00x
- Interest Coverage (x)
- 5.33x
- 1.57x
- Revenue Growth %
- 57.18%
- Operating Profit Growth %
- 82.67%
- Net Profit Growth %
- 161.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 29.12
- Book Value (₹)
- 85.29
- Dividend per Share (₹)
- 4.35
- Cash EPS (₹)
- 33.03
- Operating Margin %
- 10.51%
- Net Margin %
- 7.27%
- ROE %
- 41.83%
- ROCE %
- 31.76%
- 18.14%
- Debtor Days
- 16
- Inventory Days
- 72
- Payable Days
- 10
- 78
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 6.23x
- 1.63x
- Revenue Growth %
- 26.39%
- Operating Profit Growth %
- 32.20%
- Net Profit Growth %
- 37.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 34.64
- Book Value (₹)
- 121.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 40.59
- Operating Margin %
- 9.04%
- Net Margin %
- 7.66%
- ROE %
- 33.97%
- ROCE %
- 28.16%
- 16.65%
- Debtor Days
- 23
- Inventory Days
- 73
- Payable Days
- 11
- 85
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 6.30x
- 2.05x
- Revenue Growth %
- 12.86%
- Operating Profit Growth %
- 23.34%
- Net Profit Growth %
- 18.71%
- 18.94%
- P/E (x)
- 28.81x
- P/B (x)
- 8.23x
- Dividend Yield %
- 0.00%
- 20.16x
Mar 2025
- EPS (₹)
- 42.33
- Book Value (₹)
- 280.48
- Dividend per Share (₹)
- 5.20
- Cash EPS (₹)
- 46.34
- Operating Margin %
- 8.45%
- Net Margin %
- 8.08%
- ROE %
- 21.53%
- ROCE %
- 21.95%
- 14.54%
- Debtor Days
- 25
- Inventory Days
- 61
- Payable Days
- 6
- 80
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 8.83x
- 5.40x
- Revenue Growth %
- 22.40%
- Operating Profit Growth %
- 20.63%
- Net Profit Growth %
- 29.15%
- 22.20%
- P/E (x)
- 43.16x
- P/B (x)
- 6.51x
- Dividend Yield %
- 0.28%
- 30.43x
Documents
Announcements
- Committee Meeting Updates
2026-08-20 - Gravita India Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 20, 2026.
- Press Release
2026-08-19 - Gravita India Limited has informed the Exchange regarding a press release dated August 19, 2026, titled "The Company has planned to Set up Copper Recycling Plant at Mundra, Gujarat.".
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating- Revision
2026-06-19 - Gravita India Limited has informed the Exchange about Credit Rating- Revision
- Credit Rating- Others
2026-06-11 - Gravita India Limited has informed the Exchange about Credit Rating- Others
- Credit Rating- Revision
2026-06-10 - Gravita India Limited has informed the Exchange about Credit Rating- Revision
Concalls
Jul 2026
May 2026
Jan 2026