Is Gravita India Ltd (GRAVITA) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gravita India Ltd is a good quality company .

Is Gravita India Ltd (GRAVITA) undervalued or overvalued?

The key valuation ratios of Gravita India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Gravita India Ltd (GRAVITA) share price return in the past 10 years?

Gravita India Ltd share price has appreciated 52.1% annually (CAGR) over the past ten years.

Is Gravita India Ltd (GRAVITA) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Gravita India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Gravita India Ltd (GRAVITA)?

Company share prices are keep on changing according to the market conditions. The current trading price of Gravita India Ltd (GRAVITA) on 17-Apr-2026 16:59:59 at 16:59 is 1639.80.

What is the P/E ratio of Gravita India?

The latest standalone P/E ratio of Gravita India as of 17-Apr-2026 is 40.23.

What is the P/B ratio of Gravita India Ltd (GRAVITA)?

The latest standalone P/B ratio of Gravita India Ltd (GRAVITA) as of 17-Apr-2026 is 6.82.

What is the 52-week high and low of Gravita India Ltd (GRAVITA)?

The 52-week high of Gravita India Ltd (GRAVITA) is Rs. 2169.90 and the 52-week low is Rs. 1267.00.

Gravita India Ltd (GRAVITA) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Gravita India Ltd (GRAVITA)
Brand: Gravita India

Key Metrics

Market Cap

₹12,103 Cr.

P/E Ratio

40.23

Price to Book (P/B)

6.82

Price to Sales (P/S)

3.53

EV/EBITDA

30.89

Return on Capital Employed (ROCE)

21.98%

Current Price

₹1,639.8

Return on Equity (ROE)

18.92%

Return on Assets (ROA)

12.79%

Operating Profit Margin

Net Profit Margin

6.02%

Gross Profit Margin

7.7%

Book Value per Share

₹240.4

Sales Growth (YoY)

20.29%

Sales Growth (3 Years)

19.38%

Operating Profit Growth (1 Year)

11.67%

Operating Profit Growth (3 Years)

40.57%

Net Profit Growth (1 Year)

8.08%

52-Week Low / High

₹1,267 / 2,170

Net Profit Growth (3 Years)

69.66%

Dividend Yield

0.28%

Promoter Holding

55.88%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Gravita India Ltd?

Gravita India Ltd revenue growth is 20.3% for FY-2025 , which is below its 5 year CAGR of 22.4% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Gravita India Ltd?

Promoters hold 55.88% of the Gravita India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Gravita India Ltd vs industry peers?

Gravita India Ltd revenue CAGR is 22.41% , compared to the industry median CAGR of 1.76% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Gravita India Ltd belong to?

Gravita India Ltd belongs to the Metals & Mining sector, operating specifically within the Metal - Non Ferrous segment.

Q.1 Stock return of Gravita India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 52.4% based on the current price.

DeciZen - make an informed investing decision on Gravita India

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation ⓘ

3. Price Trend

Gravita India stock performance

Key Ratios

Is Gravita India Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	5.9%	16.4%	17.6%	13.2%	14.5%	16.8%	17.1%	26.9%	36.5%	22%	-
Value Creation Index ⓘ	-0.6	0.2	0.3	-0.1	0.0	0.2	0.2	0.9	1.7	0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	354	533	787	1,059	1,172	1,226	1,894	2,524	2,679	3,223	3,427
Sales YoY Gr.	-	50.7%	47.6%	34.6%	10.7%	4.6%	54.5%	33.3%	6.1%	20.3%	-
Adj EPS ⓘ	0.3	3.6	3.8	2.5	4.3	4.2	7.9	9.4	23	24.5	40.8
YoY Gr.	-	1192.9%	4.7%	-33%	70.5%	-3.7%	89.2%	19.5%	143.6%	6.7%	-
BVPS (₹) ⓘ	13.4	16.7	19.7	21.6	23.8	27.4	30.1	44.7	66.1	216.1	240.4
Adj Net Profit ⓘ	1.9	24.8	26	17.5	29.9	28.8	54.5	65.1	159	181	301
Cash Flow from Ops. ⓘ	7.1	-8.7	-18	54.1	19.8	53.1	-21.2	96.5	91	168	-
Debt/CF from Ops. ⓘ	13.4	-18.3	-11.5	4	11.5	3.9	-15.1	2.9	2.9	0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	27.8%	22.4%	19.4%	20.3%
Adj EPS ⓘ	64.4%	41.4%	45.9%	6.7%
BVPSⓘ	36.3%	55.5%	92.9%	226.9%
Share Price	52.1%	79.4%	47.2%	-17.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	2.1	23.9	20.7	12.3	19.1	16.3	27.5	25.2	41.5	17.6	17.9
Op. Profit Mgn % ⓘ	2.9	8	7.5	4.1	6.2	5.3	5.6	4.2	7.6	7	9
Net Profit Mgn % ⓘ	0.5	4.6	3.3	1.7	2.6	2.4	2.9	2.6	5.9	5.6	8.8
Debt to Equity ⓘ	1	1.4	1.5	1.5	1.4	1.1	1.5	0.9	0.6	0	-
Working Cap Days ⓘ	118	97	108	108	105	117	101	91	104	100	88
Cash Conv. Cycle ⓘ	73	67	69	51	39	48	54	58	62	54	70

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	40.8	51.8
TTM Sales (₹ Cr.)	3,427	4,130
BVPS (₹) ⓘ	240.4	319.4
Reserves (₹ Cr.) ⓘ	1,760	2,342
P/BV ⓘ	6.82	5.13
PE ⓘ	40.23	31.68

From the Market
52 Week Low / High (₹)	1267.00 / 2169.90
All Time Low / High (₹)	16.00 / 2699.85
Market Cap (₹ Cr.)	12,103
Equity (₹ Cr.)	14.8
Face Value (₹)	2
Industry PE ⓘ	28.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Gravita India - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	354	533	787	1,059	1,172	1,226	1,894	2,524	2,679	3,223
Operating Expenses ⓘ +	344	494	729	1,018	1,108	1,164	1,814	2,423	2,479	2,999
Manufacturing Costs	14	6	12	16	16	17	22	32	35	43
Material Costs	305	447	660	933	1,019	1,078	1,663	2,247	2,314	2,785
Employee Cost	15	25	36	45	43	47	70	94	87	114
Other Costs ⓘ	10	17	22	24	31	23	58	49	42	57
Operating Profit ⓘ	10	39	58	41	65	62	81	102	200	224
Operating Profit Margin (%)	2.7%	7.3%	7.3%	3.9%	5.5%	5.1%	4.3%	4.0%	7.5%	6.9%
Other Income ⓘ +	4	2	1	12	3	12	7	60	53	47
Exceptional Items ⓘ	0	0	0	0	-4	0	0	0	0	0
Interest ⓘ	8	9	18	23	27	26	30	34	32	23
Depreciation ⓘ	3	3	5	7	9	9	9	11	13	15
Profit Before Tax ⓘ	3	28	36	24	28	40	49	116	208	233
Tax ⓘ	-0	5	11	5	6	8	9	15	29	39
Profit After Tax	3	23	25	19	22	32	40	101	180	194
PAT Margin (%)	0.9%	4.3%	3.2%	1.8%	1.9%	2.6%	2.1%	4.0%	6.7%	6.0%
Adjusted EPS (₹)	0.5	3.4	3.7	2.8	3.3	4.7	5.8	14.7	26.0	26.3
Dividend Payout Ratio (%)	42%	18%	19%	11%	22%	24%	52%	30%	0%	20%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	91	114	135	148	164	189	208	309	457	1,595
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	15
Reserves ⓘ	78	101	121	135	150	175	194	295	443	1,580
Debt +	93	156	200	207	214	183	291	250	264	8
Long Term Debt	6	20	15	12	30	43	107	90	8	0
Short Term Debt	87	136	186	195	184	140	184	159	255	8
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	5	14	56	108	79	132	75	105	188	164
Others Liabilities ⓘ	5	14	22	21	24	83	195	205	183	177
Total Liabilities ⓘ	195	297	413	485	481	587	769	868	1,091	1,944
Fixed Assets
Net Fixed Assets ⓘ +	38	54	82	107	117	115	140	177	203	216
Gross Block	47	57	90	121	140	144	176	224	261	288
Accumulated Depreciation	9	3	8	14	23	29	37	46	58	72
CWIP ⓘ	12	23	14	9	3	5	15	14	8	25
Investments ⓘ	27	29	17	24	15	10	9	10	9	534
Inventories	52	86	125	133	154	260	358	394	485	431
Trade Receivables	29	61	106	107	59	65	101	140	214	204
Cash Equivalents	5	8	9	10	7	7	7	9	2	279
Others Assets ⓘ	32	37	59	95	125	124	138	124	169	256
Total Assets ⓘ	195	297	413	485	481	587	769	868	1,091	1,944

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	7	-9	-18	54	20	53	-21	97	91	168
PBT ⓘ	3	28	36	24	28	40	49	116	208	233
Adjustment ⓘ	9	14	21	13	30	34	53	61	31	16
Changes in Working Capital ⓘ	-5	-50	-67	22	-31	-15	-113	-61	-112	-37
Tax Paid ⓘ	-0	-1	-8	-5	-7	-6	-10	-20	-37	-44
Cash Flow From Investing Activity ⓘ +	-4	-40	-10	-34	-0	-2	-41	-22	-15	-783
Capex	-10	-38	-22	-27	-3	-14	-44	-50	-28	-47
Net Investments	1	-3	13	-7	5	14	4	21	3	-516
Others ⓘ	5	-0	-2	-0	-2	-2	-0	7	10	-219
Cash Flow From Financing Activity ⓘ +	-4	52	27	-18	-22	-50	61	-68	-82	666
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	981
Net Proceeds from Borrowing ⓘ	-2	0	0	-0	21	13	64	-16	-82	-8
Interest Paid ⓘ	-7	-8	-16	-21	-24	-23	-28	-32	-33	-23
Dividend Paid ⓘ	-2	-2	-4	-6	-7	-8	-21	0	-30	-36
Others ⓘ	6	61	47	9	-12	-33	46	-20	63	-249
Net Cash Flow ⓘ	-1	3	-2	2	-3	1	-1	6	-6	52

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	3.62	22.36	20.41	13.37	14.35	18.22	20.03	39.17	46.96	18.92
ROCE (%)	5.91	16.35	17.56	13.19	14.52	16.78	17.08	26.94	36.54	21.98
Asset Turnover Ratio	1.9	2.27	2.24	2.36	2.43	2.3	2.8	3.08	2.74	2.12
PAT to CFO Conversion(x)	2.33	-0.39	-0.72	2.84	0.91	1.66	-0.53	0.96	0.51	0.87
Working Capital Days
Receivable Days	25	29	38	37	26	19	16	17	24	24
Inventory Days	56	45	48	44	45	62	60	54	60	52
Payable Days	9	8	19	32	33	36	23	15	23	23

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Announcements

Gravita India Ltd FAQs

The current trading price of Gravita India on 17-Apr-2026 16:59 is ₹1,639.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Gravita India stood at ₹12,103.1 Cr

The latest P/E ratio of Gravita India as of 16-Apr-2026 is 40.23.

The latest P/B ratio of Gravita India as of 16-Apr-2026 is 6.82.

The 52-week high of Gravita India is ₹2,169.9 and the 52-week low is ₹1,267.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gravita India is ₹3,427 ( Cr.) .

About Gravita India Ltd

Gravita India (Gravita) is a global recycling company focused on building sustainable and efficient material recovery ecosystems. Established in 1992, Gravita has grown into a diversified, multi-material recycling group with operations across Asia, Africa, and Europe. The company operates advanced recycling and manufacturing facilities in India at Jaipur (Rajasthan), Kathua (Jammu & Kashmir), Mundra, and Chittoor (Andhra Pradesh), along with international plants in Romania, Ghana, Mozambique, Togo, Senegal, Tanzania, and Sri Lanka. Supported by a strong global procurement network, the company serves customers in many countries worldwide.

The company’s core business spans lead battery recycling, aluminium alloy manufacturing, plastic recycling, and waste tyre recycling. Its product portfolio includes specialized lead alloys, red lead, lead oxide, aluminium alloys, plastic granules, recovered carbon black, and Tyre Pyrolysis Oil (TPO). The company has also executed many turnkey recycling projects globally, offering end-to-end solutions from design and engineering to commissioning.

As a part of its strategic expansion, the company launched a dedicated Lithium-ion Battery Recycling vertical, with a recycling plant established at Mundra, Gujarat. The company also announced its entry into the copper recycling segment and singed a binding agreement to acquire a stake in Rashtriya Metal Industries, strengthening its presence in non-ferrous metals.

Business Divisions

Lead Recycling
Plastic Recycling
Rubber Recycling
Aluminium Recycling
Turnkey Project Solutions

Business area of the company

Gravita India is a prominent player in the global recycling industry, specializing in the recycling of Lead, Aluminium, Plastic and Rubber.

Awards and recognitions

2007

Niryat Shiromani Puraskar

2009

Government of India - Star Export House

2010

GREEN SME AWARD 2010
MSME National Award 2010
Rashtriya Vikas Ratan Award
UDYOG BHARTI AWARD

2011

COSIA Entrepreneurship Appreciation Award 2011

2012

INC 500 Certificate of Excellence for 2012
INC 500 Certificate of Excellence 2011

2013

Gravita Ghana received 23rd National Gold Award 2013

2014

Gravita Focus Rewarded
Proud Winner of India SME 100 Awards

2015

Gravita Gets Non Ferrous Best Performance Award 2014-15
Gravita Awarded as one of India’s 100 innovative SME Company by INC. Magazine

2016

Gravita Gets Best Employer 2015 Award
Gravita Ghana Ltd. bagged the Platinum Award
GRAVITA bags Niryat Shree Award for the 2nd time

2017

Gravita received Best Employer Award
Gravita Bestowed With First Prize by IIM Non-Ferrous Best Performance Award
Gravita received status of AEO Holder under customs act
Gravita Honored for the Best Performing company in Non Ferrous Metals
Gravita Honoured by World Trade Centre Association

2018

Gravita bestowed with RCCI Excellence Award

2019

Gravita Bestiwed Best Employer Award
Gravita recognised as a Three Star Export House

2020

ISO 14001:2015 certificate awarded to Gravita India Ltd.
ISO 9001:2015 certificate awarded to Gravita India Ltd.

2022

Gravita Awarded President Trophy 2022 on Best Employer Award ceremony by The Employers' Association of Rajasthan
Alumni Awards 2022
Gravita Awarded with Export Excellence Award by Rajasthan Chamber of Commerce and Industries (RCCI).

2023

Gravita awarded the prestigious President Trophy in the Best Employer 2023 Award ceremony for Best 3-R Company by The Employers' Association of Rajasthan.
ICRA Upgrades Gravita India's Long Term Rating to ICRA A+.
Four Star Export House.
Honoured with Prestigious title pf a 'Four Star Export House' by the Directorate General of Foreign Trade, Ministry of Commerce & Trade, Government of India.
Gold Awards & Silver Award at Northern Region Export Excellence Awards in the 'Three Star Export House - Non MSME' Category!
Best Investor and Employer award by The Sandiara Municipal and Investment Council, Senegal.

2024

Gravita awarded the Best Employer 2024 Award for All Round Performance from The Employers' Association of Rajasthan
Gravita honored with the Leading Refined Lead Brand award at the MCX Awards 2024

2025

Gravita Recognised as Champion of the Circular Economy by The Economic Times.
Gravita Annual Report Wins First Prize at PRSI National Awards.
Gravita India assigned a long-term rating and a short-term rating by India Ratings and Research with a stable outlook.
Gravita India secured a respectable B- grade in its maiden CDP Climate rating.

2026

Gravita India Wins Recycler of the Year at MRAI Battery Excellence Awards 2026.

Milestones

1994: Commenced operations through commercializing lead recycling plant in Jaipur.
2001: Established first overseas recycling unit in Sri Lanka.
2007: Set up first recycling unit in Ghana.
2010: Successful listing at the BSE and NSE.
2013: Extended manufacturing of value-added products at Jaipur plant.
2015: Diversified into plastic recycling.
2016: Achieved further diversification by venturing into aluminium recycling.
2019: Started aluminium and plastic recycling facilities in Africa.
2021: Established new recycling facility at Mudra port.
2022: Expanded portfolio by venturing into rubber recycling and became a MCX empaneled brand.
2023: Extended manufacturing of value-added products at Africa.
2025: Marked foray into rubber recycling in Europe.

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Gravita India Ltd (GRAVITA) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Gravita India Share Price