Gravita India Limited

NSE: GRAVITA · Industrial Minerals · sector

₹1,308.60NSE close 2026-10-26

Key numbers

Market cap₹9,657 cr

Price₹1,308.60

52w high / low₹1,914 / ₹1,267

P/E24.3xSector median 14.3x

P/B3.9xSector median 1.7x

Book value₹332.2

Dividend yield0.48%Sector median 0.69%

ROE17.3%Sector median 14.2%

ROCE15.5%Sector median 16.4%

OPM9.4%Sector median 13.0%

Debt / equity0.30xSector median 0.30x

EV/EBITDA22.1xSector median 10.3x

Interest cover16.4x

Current ratio2.91x

Sales growth 3y+15.1%Sector median +6.0%

Profit growth 3y+23.5%Sector median +9.5%

PEG1.18x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 14 companies in Industrial Minerals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹585 cr vs borrowings ₹732 cr (FY26): borrowings are higher by ₹148 cr.
Operating profit covered interest 16.4x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 24% of net profit in the last 12 months.
Dividend paid in 4 of the last 5 financial years.
Price ₹1,308.60 on 2026-10-26: -31.6% from the 52-week high, +3.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹2,491.65 · low ₹1,306.70

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	927	996	1,037	1,040	1,036	1,017	1,173	1,475
EBITDA	63	81	92	101	102	120	113	110
OPM %	6.8%	8.1%	8.9%	9.7%	9.9%	11.8%	9.6%	7.4%
Other income	40	29	36	30	26	12	9	48
Net profit	72	78	95	93	96	98	92	106
EPS (₹)	10.66	11.35	13.04	12.81	13.18	13.41	12.62	14.60
Revenue YoY					+11.7%	+2.1%	+13.1%	+41.8%
Profit YoY					+33.3%	+25.3%	-3.4%	+14.1%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	2,216	2,801	3,161	3,869	4,265	4,700
EBITDA	211	198	284	324	435	444
Net profit	139	201	239	312	379	392
EPS (₹)	20.60	29.72	34.88	45.11	52.02	53.81
Revenue growth		+26.4%	+12.9%	+22.4%	+10.2%	+17.5%
Profit growth		+44.3%	+18.9%	+30.6%	+21.3%	+15.8%
Dividend / share (₹)	3.00	–	4.35	5.20	6.35

Compounded growth	3 years	5 years	Last 12 months
Sales	+15.1%	+24.8%	+17.5%
Net profit	+23.5%	+48.5%	+15.8%
EPS	+20.5%	+46.5%	–
Share price	–	-24.1% (2y)	-13.2%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	589	837	2,070	2,452
Borrowings	–	344	545	282	732
Cash & equivalents	–	39	115	898	585
Total assets	–	1,205	1,602	2,515	3,417
Fixed assets	–	266	342	422	769
Capital work in progress	–	46	43	39	48
Investments	–	0	0	0	30
Receivables	–	137	264	275	431
Inventory	–	596	675	617	1,023
Payables	–	89	68	40	67

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	10	200	42	282	169
Cash from investing	-70	-106	-158	-864	-364
Cash from financing	72	-87	121	640	178
Capex	73	108	98	107	216
Free cash flow	-63	92	-56	175	-46

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	34.1%	28.6%	15.1%	15.5%
ROCE %	–	28.6%	23.4%	17.3%	14.9%
Debtor days	–	18	31	26	37
Inventory days	–	95	96	71	109
Payable days	–	14	10	5	7
Cash conversion cycle (days)	–	99	117	92	139
Working capital days	–	48	79	163	132

Shareholding

Holder	% (2026-09-30)
Promoters	55.88%
FIIs	11.78%
DIIs	4.90%
of which Mutual funds	3.09%
of which Insurance	1.31%
Government	0.00%
Public (non-institutions)	26.14%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	59.27%	59.27%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%

Promoter group	%
Rajat Agrawal	32.38%
Rajat Agrawal/Shashi Agarwal Trustees of Agrawal Family Private Trust	23.50%

Public holders above 1%	%
Goldman Sachs Funds - Goldman Sachs India Equity P	2.16%
Tata Multi Asset Allocation Fund	1.36%
Goldman Sachs Bank Europe SE - ODI	1.30%
Yagyadatt Sharma Trustee on Behalf of Gravita Employee Welfare Trust	1.30%

1,62,848 shareholders. Pledged: 0.00% of promoter shares.

Peers in Industrial Minerals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
LLOYDSME	₹1,00,584 cr	20.2x	7.3x	47.0%	22.1%	36.8%	–	0.05%
NMDC	₹58,457 cr	7.8x	1.7x	23.4%	25.8%	28.8%	+22.0%	5.27%
GMDCLTD	₹13,641 cr	14.3x	1.9x	14.2%	17.4%	34.3%	-8.8%	2.35%
GRAVITA	₹9,657 cr	24.3x	3.9x	17.3%	15.5%	9.4%	+15.1%	0.48%
MOIL	₹4,408 cr	14.5x	1.6x	11.4%	14.2%	31.0%	+3.2%	3.20%
ASHAPURMIN	₹3,985 cr	9.8x	2.4x	27.6%	17.2%	10.0%	+42.0%	0.24%
ORISSAMINE	₹1,978 cr	594.0x	–	–	24.6%	16.7%	+38.4%	–
20MICRONS	₹635 cr	9.4x	1.3x	14.8%	17.3%	13.0%	+10.8%	0.69%
NILE	₹373 cr	7.7x	1.2x	16.7%	20.8%	6.1%	+8.9%	0.40%
GOACARBON	₹361 cr	–	2.1x	-24.3%	-3.8%	-4.4%	-20.1%	–

All 14 companies in Industrial Minerals →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Lead	₹3,771 cr	88.4%	₹454 cr	12.0%
Aluminium	₹365 cr	8.5%	₹17 cr	4.7%
Plastics	₹70 cr	1.7%	₹9 cr	12.8%
Copper	₹52 cr	1.2%	₹2 cr	4.7%
Turnkey Projects	₹5 cr	0.1%	₹1 cr	25.8%
Others	₹2 cr	0.1%	₹-4 cr	-145.5%

Dividends & corporate actions

Ex-date	Action	Detail
2025-05-08	Dividend	Interim Dividend - Rs 6.35 Per Share
2024-09-11	Other	Annual General Meeting
2024-05-14	Dividend	Interim Dividend - Rs 5.20 Per Share
2023-09-04	Other	Annual General Meeting
2023-09-04	Dividend	Dividend - Rs.4.35 Per Share
2022-09-21	Other	Annual General Meeting
2022-02-08	Dividend	Interim Dividend - Rs 3 Per Share
2021-09-17	Other	Annual General Meeting
2021-02-08	Dividend	Interim Dividend - Rs 1.10 Per Share
2020-11-12	Other	Annual General Meeting
2020-03-05	Dividend	Interim Dividend - Rs 0.70 Per Share
2019-09-11	Dividend	Dividend - Rs 0.30 Per Share
2018-08-23	Dividend	Annual General Meeting/Dividend- Re 0.70 Per Share
2017-08-01	Dividend	Annual General Meeting/Dividend-Re 0.60 Per Share
2016-07-28	Dividend	Annual General Meeting/ Dividend - Re 0.20/- Per Share
2015-07-30	Dividend	Annual General Meeting/Dividend - Re 0.20/- Per Share
2014-07-24	Dividend	Annual General Meeting / Final Dividend - Re 0.50/- Per Share
2014-02-12	Dividend	Interim Dividend - Re 0.30/- Per Share
2013-07-22	Dividend	Annual General Meeting / Final Dividend - Re 0.30/- Per Share
2013-02-06	Dividend	Interim Dividend Re 0.30 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Manufacturing of lead and Lead alloys
Manufacturing: Manufacturing of Aluminium and alloys
Manufacturing: Manufacturing of plastics products
Manufacturing: Manufacturing Turnkey solutions


Sector	Commodities
Industry	Industrial Minerals
Sub-industry	Industrial Minerals
Symbol	GRAVITA
BSE code	533282
ISIN	INE024L01027
Face value	₹2.0
Incorporated	1992-08-04
Website	https://www.gravitaindia.com
Plants (India / abroad)	6 / 8

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.