Is Gravity (India) Ltd (532015) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gravity (India) Ltd is a below average quality company .

Is Gravity (India) Ltd (532015) undervalued or overvalued?

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

What is Gravity (India) Ltd (532015) share price return in the past 10 years?

Gravity (India) Ltd share price has appreciated 23.6% annually (CAGR) over the past ten years.

Is Gravity (India) Ltd (532015) a good buy now?

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

What is the share price of Gravity (India) Ltd (532015)?

Company share prices are keep on changing according to the market conditions. The current trading price of Gravity (India) Ltd (532015) on 08-May-2026 16:59:59 at 16:59 is 18.19.

What is the market cap of Gravity (India) Ltd (532015)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-May-2026 at 16:59, the market cap of Gravity (India) stood at Rs. 141.91 Cr.

What is the P/E ratio of Gravity (India)?

The latest standalone P/E ratio of Gravity (India) as of 08-May-2026 is 24.79.

What is the P/B ratio of Gravity (India) Ltd (532015)?

The latest standalone P/B ratio of Gravity (India) Ltd (532015) as of 08-May-2026 is 1.84.

What is the 52-week high and low of Gravity (India) Ltd (532015)?

The 52-week high of Gravity (India) Ltd (532015) is Rs. 18.19 and the 52-week low is Rs. 3.97.

What is the TTM revenue of Gravity (India) Ltd (532015)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gravity (India) is Rs. 80.26 (Cr.).

Gravity (India) Ltd (532015) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Gravity (India) Ltd (532015)
Brand: Gravity (India)

10 Year X-Ray :

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 % ⓘ	-3.5%	0.1%	0.6%	14.2%	-0.9%	-2.4%	0.9%	-7%	-81.3%	-38.3%	-
Value Creation Index ⓘ	-1.3	-1.0	-1.0	0.0	-1.1	-1.2	-0.9	-1.5	-6.8	-3.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	19.7	24	21.4	12	16.9	2.4	12.8	10.2	2.3	1.2	80
Sales YoY Gr.	-	21.6%	-10.8%	-44%	41.2%	-86%	440.7%	-19.8%	-78%	-45.8%	-
Adj EPS ⓘ	-0.7	-0.7	-0.7	-0.8	0.3	-0.3	0.1	-1	-6	-2.1	0.7
YoY Gr.	-	NA	NA	NA	NA	-193.6%	NA	-2040%	NA	NA	-
BVPS (₹) ⓘ	10.6	10.6	9.9	10.9	11.2	10.9	11	10	4	2	9.9
Adj Net Profit ⓘ	-0.8	-0.7	-0.7	-0.9	0.3	-0.3	0.1	-1	-6.2	-2.1	6
Cash Flow from Ops. ⓘ	4.2	-1.1	0.7	-1.2	0.4	-1.1	0.2	-1	-0.1	-0.4	-
Debt/CF from Ops. ⓘ	0.8	-1.5	2.1	-1.3	4.3	-1.4	8.9	-2.8	-25	-7.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-26.6%	-40.9%	-54.3%	-45.8%
Adj EPS ⓘ	NA	-246.3%	-446.5%	NA
BVPSⓘ	-16.8%	-29%	-43.1%	-49.3%
Share Price	23.6%	56.1%	77.6%	331%

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 % ⓘ	-6.8	-6.7	-6.6	-8.1	2.8	-2.6	0.5	-9.3	-86.2	-69.2	12.3
Op. Profit Mgn % ⓘ	-2.6	-3.7	0.6	-7.4	-0.5	-12.4	1.3	-7.2	-344.8	-223.5	10.2
Net Profit Mgn % ⓘ	-3.8	-3	-3.2	-7.2	1.9	-12.4	0.4	-9.7	-273.4	-173.4	7.1
Debt to Equity ⓘ	0.3	0.1	0.2	0.1	0.1	0.1	0.1	0.3	0.7	1.3	-
Working Cap Days ⓘ	262	191	260	491	339	2,403	366	464	1,355	690	17,472
Cash Conv. Cycle ⓘ	213	149	122	195	168	927	236	304	856	222	-16,209

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.30%

Sales growth is good in last 4 quarters at 5041.92%

Sales growth has been subdued in last 3 years -54.27%

Net Profit has been subdued in last 3 years -446.50%

Debt to equity has increased versus last 3 years average to 1.34

	Standalone	Consolidated
TTM EPS (₹)	0.7	-
TTM Sales (₹ Cr.)	80.3	-
BVPS (₹) ⓘ	9.9	-
Reserves (₹ Cr.) ⓘ	-1	-
P/BV ⓘ	1.84	-
PE ⓘ	24.79	-

From the Market
52 Week Low / High (₹)	3.97 / 18.19
All Time Low / High (₹)	0.84 / 34.46
Market Cap (₹ Cr.)	142
Equity (₹ Cr.)	78
Face Value (₹)	10
Industry PE ⓘ	34.8

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	20	24	21	12	17	2	13	10	2	1
Operating Expenses ⓘ +	20	25	21	13	17	3	13	11	10	4
Manufacturing Costs	1	0	0	0	0	0	2	1	0	0
Material Costs	18	23	20	12	16	2	10	9	3	3
Employee Cost	1	1	0	1	1	0	1	1	1	1
Other Costs ⓘ	0	0	0	0	0	0	0	1	6	0
Operating Profit ⓘ	-1	-1	0	-1	-0	-0	0	-1	-8	-3
Operating Profit Margin (%)	-2.6%	-3.7%	0.6%	-7.4%	-0.5%	-12.4%	1.3%	-7.2%	-344.0%	-223.0%
Other Income ⓘ +	0	1	0	3	0	0	0	0	0	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-1	0	0	2	-0	-0	0	-1	-8	-2
Tax ⓘ	-0	0	1	1	-1	-0	0	0	-2	-0
Profit After Tax	-1	-0	-1	1	0	-0	0	-1	-6	-2
PAT Margin (%)	-2.7%	-0.2%	-3.2%	8.5%	1.9%	-12.2%	0.7%	-9.7%	-273.0%	-164.0%
Adjusted EPS (₹)	-0.5	-0.0	-0.7	1.0	0.3	-0.3	0.1	-1.0	-6.0	-2.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

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 +	11	11	10	11	11	11	11	10	4	2
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	2	2	1	2	2	2	2	1	-5	-7
Debt +	4	2	2	2	2	2	2	3	3	3
Long Term Debt	4	2	2	2	2	2	2	1	1	1
Short Term Debt	0	0	0	0	0	0	0	2	2	2
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	2	2	9	3	7	3	2	4	1	1
Others Liabilities ⓘ	1	-0	0	2	2	1	1	0	-2	-2
Total Liabilities ⓘ	18	14	21	18	22	16	15	17	5	4
Fixed Assets
Net Fixed Assets ⓘ +	3	2	2	2	2	2	2	2	2	2
Gross Block	10	9	9	9	9	9	10	11	11	11
Accumulated Depreciation	7	7	7	8	8	8	8	8	9	9
CWIP ⓘ	0	0	0	0	1	1	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	3	3	2	0	2	1	3	4	2	0
Trade Receivables	10	8	14	10	12	9	7	8	0	0
Cash Equivalents	1	0	0	2	2	1	1	0	0	0
Others Assets ⓘ	1	1	3	3	3	3	2	2	1	1
Total Assets ⓘ	18	14	21	18	22	16	15	17	5	4

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 ⓘ +	4	-1	1	-1	0	-1	0	-1	-0	-0
PBT ⓘ	-1	0	0	2	-0	-0	0	-1	-8	-2
Adjustment ⓘ	0	-1	0	-3	0	0	0	1	6	-0
Changes in Working Capital ⓘ	5	-0	1	-0	0	-1	-0	-1	2	2
Tax Paid ⓘ	-0	0	-0	-0	-0	-0	-0	-0	0	0
Cash Flow From Investing Activity ⓘ +	0	3	-0	3	-0	0	0	-0	-0	1
Capex	0	3	-1	3	-0	0	-0	-0	-0	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	-0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-5	-2	-0	-0	-0	-0	0	1	-0	-0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-5	-2	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	0	-0	-0	-0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	1	0	0
Net Cash Flow ⓘ	0	-0	0	1	-0	-1	0	-0	-0	0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-4.8	-0.34	-6.57	9.62	2.84	-2.54	0.74	-9.27	-86.2	-65.44
ROCE (%)	-3.5	0.12	0.56	14.24	-0.85	-2.42	0.92	-7.03	-81.25	-38.26
Asset Turnover Ratio	1.04	1.5	1.2	0.61	0.85	0.12	0.81	0.64	0.21	0.27
PAT to CFO Conversion(x)	N/A	N/A	N/A	-1	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	181	133.70	187.40	372.90	245.90	1,636.10	226.90	276.40	692	84.80
Inventory Days	60	46.80	41.30	24.70	23.80	264.40	68.40	125.50	428.10	0
Payable Days	31.60	34.20	103.30	198.60	121.30	979.60	86.30	120.40	250.40	92.80

About Gravity (India) Ltd

The company was incorporated on March 13, 1987, as a private limited company under the name and style of Gravity Silk Mill. It was subsequently converted into a public limited company.

Gravity mainly manufactures fabrics made 100% cotton, newly home furnishing fabric polyester cotton (PC), polyester viscose (PV), 100% cotton, 100% polyester suiting fabrics as well as shirting fabrics and also manufactures industrial fabric as per the requirement of the customer.

At Gravity, the best of quality at the reasonable price is assured. The fabrics produced by Gravity are exported to the countries of Middle East, America, Europe and Africa.

Gravity (India) is one of the leading fabric manufacturers of India. The promoters are engaged in the fields of fabric manufacturing since past 25 years and producing cloth of various qualities.

Gravity has an newly installed capacity of 46 numbers sulzer 153' and 85' automatic dornier weaving machines with electronic jacquard, weaving capacity of 3,60,000 meter per month. The manufacturing units are located at union territory of Dadra & Nagar Haveli. The fabrics up to the width of 150' gray can be manufactured as per the requirement of the customers.

Products

â€¢ Fabrics â€¢ Newly Home Furnishing Fabric â€¢ Suiting, Shirtingâ€¢ Dress Materials, Upholstery â€¢ Industrial Fabrics

The company is set with a clear vision of the prospects and with deep insight of the textile industry's progress, observed over the past many years.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Gravity (India) Ltd (532015) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Gravity India Share Price