GRAVITA INDIA LIMITED

BSE: GRAVITA533282ISIN INE024L01027

Commodities
Industrial Minerals
BSE 500

Share price

₹1,473.55+75.00 (+5.36%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,914.40
52W low: ₹1,267.00
Off 52W high: -23.03%
1M return: +3.51%
3M return: -12.79%
6M return: -17.88%
1Y return: -16.63%
20D avg volume: 17,118
50 DMA: ₹1,552.38
200 DMA: ₹1,614.45

Key ratios Consolidated

Market cap: ₹10,876 Cr
Current price: ₹1,473.55
52W high / low: ₹1,914.40 / ₹1,267.00
Face value: ₹2.00
P/E: 27.35
P/B: 4.11
EPS (TTM): ₹53.88
Book value / share: ₹358.40
ROE: —
ROCE: 18.10%
Operating margin: —
Net margin: —
Debt / equity: 0.30
Net debt: ₹652.00 Cr
Interest cover: 19.09
Dividend yield: 0.52%
Dividend / share (TTM): ₹7.70
Payout: 14.29%
Cash conversion cycle: 118.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,427	1,475	1,173	1,017	1,036	1,040	1,037	996.42	927.42	907.86	863.41	757.77
	18.00	47.54	8.86	11.69	26.32	30.06	35.75	28.86	40.36	6.87	24.89	15.44
	1,445	1,523	1,182	1,029	1,062	1,070	1,073	1,025	967.78	914.73	888.30	773.21
	1,321	1,391	1,076	913.67	950.54	954.07	958.25	936.17	883.06	839.67	816.08	699.44
	1,259	1,154	891.69	914.62	938.32	838.02	704.74	798.94	863.13	808.59	699.79	617.93
	0.64	1.37	6.27	2.93	0.01	0.01	0.04	3.38	10.12	0.79	1.00	1.03
	53.70	61.04	51.71	45.92	39.63	44.51	36.54	33.88	46.31	42.76	27.08	33.44
	13.88	11.48	4.37	6.54	7.82	6.05	5.62	12.84	11.95	12.96	12.35	13.00
	13.89	14.49	11.05	9.84	9.23	8.71	7.75	7.64	7.18	6.52	12.48	9.02
	72.98	83.08	69.53	54.07	53.11	53.91	62.67	43.07	57.78	48.88	56.42	33.83
	124.21	131.28	105.95	115.09	111.28	115.93	114.57	89.11	84.72	75.06	72.22	73.77
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	124.21	131.28	105.95	115.09	111.28	115.93	114.57	89.11	84.72	75.06	72.22	73.77
	22.18	24.91	14.14	17.60	15.31	22.87	19.65	11.05	12.80	7.06	2.80	12.30
	102.03	106.37	91.81	97.49	95.97	93.06	94.92	78.06	71.92	68.00	69.42	61.47
	14.01	14.60	12.62	13.41	13.18	12.81	13.04	11.35	10.66	9.82	9.92	8.74
Key metrics
	151.98	157.25	121.37	131.47	128.33	130.69	127.94	109.59	103.85	94.54	97.05	95.79
	10.60%	10.70%	10.30%	12.90%	12.40%	12.60%	12.30%	11.00%	11.20%	10.40%	11.20%	12.60%
	7.10%	7.20%	7.80%	9.60%	9.30%	8.90%	9.20%	7.80%	7.80%	7.50%	8.00%	8.10%
	5.00%	—	4.20%	—	4.90%	—	5.30%	—	—	—	—	—
	37.80%	41.80%	13.10%	2.10%	11.70%	14.50%	20.10%	31.50%	—	—	—	—
	6.30%	14.30%	-3.30%	24.90%	33.40%	36.90%	36.70%	27.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	5,092	4,265	3,869	3,161	2,801	2,216
	86.09	76.93	111.84	77.81	93.08	7.84
	5,178	4,342	3,981	3,239	2,894	2,224
	4,702	3,894	3,617	2,964	2,666	2,059
	4,220	3,583	3,175	2,559	2,295	1,754
	11.21	9.22	14.33	13.05	20.77	44.20
	212.37	181.77	159.49	131.24	133.56	102.75
	36.27	24.78	43.37	49.22	39.14	33.55
	49.27	38.83	29.09	37.99	23.96	20.56
	279.66	230.62	212.40	184.77	187.41	158.68
	476.53	448.25	363.46	274.15	227.59	164.64
	0.00	0.00	0.00	0.00	0.00	0.00
	476.53	448.25	363.46	274.15	227.59	164.64
	78.83	69.92	50.56	31.87	23.50	16.19
	397.70	378.33	312.90	242.28	204.09	148.45
	54.64	52.02	45.11	34.88	29.72	20.60
Key metrics
	562.07	511.86	435.92	361.36	290.69	218.75
	11.04%	12.00%	11.30%	11.40%	10.40%	9.90%
	7.81%	8.90%	8.10%	7.70%	7.30%	6.70%
	—	18.10%	17.80%	—	—	—
	23.93%	10.20%	22.40%	12.90%	26.40%	—
	9.86%	20.90%	29.10%	18.70%	37.50%	—
	—	-46.40	174.87	—	—	—
	—	0.45	0.90	—	—	—
	—	0.30	0.14	—	—	—
	—	652.00	187.72	—	—	—
	—	118.7	80.5	—	—	—
Balance sheet
	—	3,417	2,515	—	—	—
	—	2,349	1,959	—	—	—
	—	80.32	94.61	—	—	—
	—	430.92	275.08	—	—	—
	—	1,023	616.80	—	—	—
	—	210.77	71.45	—	—	—
	—	769.20	422.48	—	—	—
	—	67.35	39.60	—	—	—
	—	806.46	232.26	—	—	—
	—	732.32	282.33	—	—	—
	—	609.51	92.14	—	—	—
	—	122.81	190.19	—	—	—
	—	2,458	2,078	—	—	—
Cash flow
	—	169.29	282.18	—	—	—
	—	-363.89	-863.63	—	—	—
	—	177.86	640.25	—	—	—
	—	215.69	107.31	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	786.91	860.13	914.60	863.79	852.20	850.78	860.29	819.04	786.30	757.14	720.86	599.03
	8.35	20.93	16.06	22.33	19.38	19.62	22.20	4.96	18.41	1.64	15.52	22.56
	795.26	881.06	930.66	886.12	871.58	870.40	882.49	824.00	804.71	758.78	736.38	621.59
	735.62	796.59	846.54	795.83	769.31	784.50	791.44	784.22	745.38	716.02	686.55	561.77
	651.80	595.51	668.84	672.79	739.24	616.45	573.91	644.22	683.04	630.46	611.08	458.00
	43.61	21.09	44.95	168.17	52.45	89.72	68.25	50.60	85.25	63.79	27.96	73.10
	33.45	35.84	37.26	33.59	27.25	30.40	26.06	23.66	34.72	29.57	15.63	22.50
	6.51	4.82	3.23	2.29	2.74	1.12	1.10	7.41	7.28	6.40	6.77	7.80
	5.92	5.61	5.15	4.54	4.17	4.04	3.90	3.92	3.75	3.62	3.41	3.40
	23.19	29.62	35.00	30.66	26.72	29.66	30.79	22.26	20.12	27.88	22.43	—
	59.64	84.47	84.12	90.29	102.27	85.90	91.05	39.78	59.33	42.76	49.83	59.82
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	59.64	84.47	84.12	90.29	102.27	85.90	91.05	39.78	59.33	42.76	49.83	59.82
	12.30	16.42	14.45	18.11	15.05	17.95	17.53	5.57	8.75	6.94	2.90	9.36
	47.34	68.05	69.67	72.18	87.22	67.95	73.52	34.21	50.58	35.82	46.93	50.46
	6.40	9.23	9.45	9.78	11.81	9.21	9.96	4.90	7.32	5.19	6.80	7.31
Key metrics
	72.07	94.90	92.50	97.12	109.18	91.06	96.05	51.11	70.36	52.78	60.01	71.02
	9.20%	11.00%	10.10%	11.20%	12.80%	10.70%	11.20%	6.20%	8.90%	7.00%	8.30%	11.90%
	6.00%	7.90%	7.60%	8.40%	10.20%	8.00%	8.50%	4.20%	6.40%	4.70%	6.50%	8.40%
	3.30%	—	4.70%	—	6.10%	—	5.70%	—	—	—	—	—
	-7.70%	1.10%	6.30%	5.50%	8.40%	12.40%	19.30%	36.70%	—	—	—	—
	-45.70%	0.10%	-5.20%	111.00%	72.40%	89.70%	56.70%	-32.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,425	3,481	3,223	2,679	2,524	1,894
	67.67	77.39	47.21	53.21	59.72	7.29
	3,493	3,559	3,270	2,732	2,584	1,901
	3,175	3,196	3,037	2,524	2,468	1,853
	2,589	2,795	2,532	1,995	1,787	1,441
	277.82	257.96	267.89	336.99	503.74	231.45
	140.14	128.50	114.01	87.06	94.44	69.91
	16.85	9.38	22.19	31.21	32.21	27.87
	21.22	17.90	15.19	13.36	10.69	8.93
	118.47	122.04	101.05	78.10	83.47	83.18
	318.52	362.58	232.92	208.22	116.25	48.75
	0.00	0.00	0.00	—	—	—
	318.52	362.58	232.92	208.22	116.25	48.75
	61.28	65.56	38.79	28.60	15.10	9.00
	257.24	297.02	194.13	179.62	101.15	39.75
	34.86	40.25	27.58	26.01	14.65	5.76
Key metrics
	356.59	389.86	270.30	252.79	159.15	85.55
	10.41%	11.20%	8.40%	9.40%	6.30%	4.50%
	7.51%	8.50%	6.00%	6.70%	4.00%	2.10%
	—	20.00%	15.80%	—	—	—
	1.27%	8.00%	20.30%	6.10%	33.30%	—
	-2.15%	53.00%	8.10%	77.60%	154.50%	—
	—	-136.80	120.01	—	—	—
	—	-0.03	0.87	—	—	—
	—	0.18	0.01	—	—	—
	—	329.11	-43.51	—	—	—
	—	74.9	53.4	—	—	—
Balance sheet
	—	2,422	1,851	—	—	—
	—	1,440	1,534	—	—	—
	—	3.41	51.87	—	—	—
	—	251.82	203.50	—	—	—
	—	603.68	431.37	—	—	—
	—	122.47	38.84	—	—	—
	—	312.59	208.83	—	—	—
	—	140.94	163.68	—	—	—
	—	559.23	234.90	—	—	—
	—	332.52	8.36	—	—	—
	—	332.52	8.36	—	—	—
	—	0.00	0.00	—	—	—
	—	1,847	1,595	—	—	—
Cash flow
	—	-7.82	168.00	—	—	—
	—	-307.97	-782.51	—	—	—
	—	267.33	666.09	—	—	—
	—	128.98	47.99	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +11.31%
Sales CAGR 5Y: —
Profit CAGR 3Y: +43.20%
Profit CAGR 5Y: —
Sales YoY (TTM): +1.27%
Profit YoY (TTM): -2.15%

Consolidated

Sales CAGR 3Y: +15.05%
Sales CAGR 5Y: —
Profit CAGR 3Y: +22.84%
Profit CAGR 5Y: —
Sales YoY (TTM): +23.93%
Profit YoY (TTM): +9.86%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.88%

Quarter	September 2026	June 2026
Promoter %	55.88%	55.88%

Holder	Type	Holding	Previous	Change
RAJAT AGRAWAL	Promoter	32.38%	32.38%	0.00%
Rajat Agrawal/Shashi Agarwal Trustees of Agrawal Family Private Trust	Promoter	23.50%	—	—
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P	Public	2.16%	2.23%	-0.07%
TATA MULTI ASSET ALLOCATION FUND	Public	1.36%	—	—
YAGYADATT SHARMA TRUSTEE ON BEHALF OF GRAVITA EMPLOYEE WELFARE TRUST	Public	1.30%	1.32%	-0.02%
GOLDMAN SACHS BANK EUROPE SE - ODI	Public	1.30%	1.23%	+0.07%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Lloyds Metals and Energy Limited	1,01,309	1,799.30	18.84	19.40%	+170.74% TTM	+198.69% TTM	+36.47%
NMDC Ltd S	61,437	69.88	8.23	28.60%	+27.24% TTM	+11.72% TTM	-5.94%
Gujarat Mineral Development Corpora	14,908	468.80	22.54	15.60%	+18.63% TTM	-34.09% TTM	-20.18%
GRAVITA INDIA LIMITED	10,876	1,473.55	27.35	18.10%	+23.93% TTM	+9.86% TTM	-16.63%
MOIL Limited	4,433	217.85	—	—	—	—	-40.11%
Ashapura Minechem Ltd	4,121	431.40	10.03	19.20%	+62.64% TTM	+19.91% TTM	-35.19%
Orissa Minerals Development Company Limited S	2,013	3,355.50	604.59	14.80%	+47.47% TTM	+108.11% TTM	-36.67%
20 Microns Limited	639	181.00	10.00	20.10%	+4.21% TTM	+2.41% TTM	-16.18%
Nile Ltd.	401	1,335.95	8.29	23.60%	+17.01% TTM	+12.07% TTM	-27.16%
Goa Carbon Ltd. S	366	400.10	-7.81	-11.10%	-2.94% TTM	-42.20% TTM	-7.78%
ASI INDUSTRIES LIMITED S	197	21.87	7.41	9.50%	+10.43% TTM	+2.66% TTM	-31.59%
Southern Magnesium And Chemicals Lt S	21	68.55	-74.51	4.80%	-48.36% TTM	-120.45% TTM	-43.95%
Kachchh Minerals Ltd. S	13	25.38	-12.88	-72.40%	—	-377.27% TTM	-22.03%
Raw Edge Industrial Solutions Limited S	13	13.27	22.12	4.00%	+5.45% TTM	+141.50% TTM	-47.28%

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby disclose the schedule of Analyst/Institutional ....4 Nov 2026 · Company Update / Analyst / Investor Meet
This is further to the disclosure dated 30th October, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meetings ....4 Nov 2026 · Company Update / Analyst / Investor Meet
This is further to the disclosure dated 29th October, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meetings ....3 Nov 2026 · Company Update / Analyst / Investor Meet
This is further to the disclosure dated 28th October, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meeting ....2 Nov 2026 · Company Update / Analyst / Investor Meet
Please find enclosed earning call transcript for the quarter and half-year ended 30th September 2026.31 Oct 2026 · Company Update / Earnings Call Transcript
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform regarding the schedule of Analyst/Institutional ....30 Oct 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby disclose the schedule of Analyst/Institutional ....29 Oct 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst/ Institutional Investor(s) Meeting.28 Oct 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 and 46 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm ....28 Oct 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement published regarding extract of unaudited Financial Results for the quarter and half-year ended on 30th September, 202628 Oct 2026 · Company Update / Newspaper Publication
Investor Presentation of the Company for the quarter and half-year ended 30th September, 2026.27 Oct 2026 · Company Update / Investor Presentation
Pursuant to Regulation 42 of The Securities and Exchange Board of India ( Listing Obligations and Disclosures Requirements) Regulations, 2015, Please find intimation for the record date of Dividend.27 Oct 2026 · Corp. Action / Record Date
Declaration of Interim DIvidend of Rs. 7.70/- (385%) per equity share of Rs. 2/- each for the F.Y. 2026-2727 Oct 2026 · Corp. Action / Dividend
Declaration of Interim Dividend of Rs. 7.70/- (385%) per equity share of Rs. 2/- each for the F.Y. 2026-2727 Oct 2026 · Corp Action / Dividend Updates
Financial Results for the period ended 30.09.202627 Oct 2026 · Result / Financial Results
With reference to the captioned subject and as per requirement of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....27 Oct 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that the Wholly owned subsidiary Company under the name of "Gravita Recyclers USA Inc." has been incorporated ....26 Oct 2026 · Company Update / Acquisition
Pursuant to provision of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the management of the ....22 Oct 2026 · Company Update / Analyst / Investor Meet
Gravita India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve we are pleased to inform you ....20 Oct 2026 · Board Meeting / Board Meeting
Aquisition through subscription to the rights issue of Rashtriya Metal Industries Limited("RMIL"),a material subsidiary of the company.17 Oct 2026 · Company Update / Acquisition
Certificate under Regulation 74(5) of securities exchange board of India (Depositories and Participants) Regulations,2018 for the quarter ended September 30,2026.14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for incorporation of Step down Wholly owned subsidiary of the Company8 Oct 2026 · Company Update / Acquisition
It is hereby informed that the Company has proposed the incorporation of Wholly Owned Subsidiary of the Company5 Oct 2026 · Company Update / General
Outcome of Board Meeting Dated 05th October, 2026.5 Oct 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015, we hereby inform the exchanges that the Board ....30 Sep 2026 · Company Update / Issue of Securities
Voting Results of 34th AGM.29 Sep 2026 · AGM/EGM / AGM
Scrutinizer''s Report of 34th AGM.29 Sep 2026 · AGM/EGM / AGM
Proceedings of 34th Annual General Meeting.28 Sep 2026 · AGM/EGM / AGM
We wish to inform you that in terms of code of conduct to regulate, monitor and report trading by designated persons framed pursuant to SEBI(Prohibition of Insider trading) Regulation,2015.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Credit Rating under Regulation 30 of SEBI (LODR) Regulations 201524 Sep 2026 · Company Update / Credit Rating
This is further to the disclosure dated 07th September, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meeting ....11 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement regarding opening of special window for re-lodgement of transfer requests of physical shares9 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby disclose the schedule of Analyst/Institutional ....7 Sep 2026 · Company Update / Analyst / Investor Meet
This is further to the disclosure dated 27th August, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meeting (One ....3 Sep 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Please find Copy of Newspaper Advertisements regarding Notice of 34th AGM of the Company.3 Sep 2026 · Company Update / Newspaper Publication
This is further to the disclosure dated 26th August, 2026 made by the Company. We wish to inform you that the Company's executives participated in the Institutional Investor's Meeting (Various ....2 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation about a letter being sent to the Shareholders under the Regulation 36(1)(b) of SEBI (LODR) Regulations, 20152 Sep 2026 · Company Update / General
Pursuant to SEBI (LODR) Regulations, 2015, intimation of Book Closure date.2 Sep 2026 · Corp. Action / Book Closure
Please find enclosed BRSR for the Financial year 2025-26.2 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed Annual Report for the Financial Year 2025-20262 Sep 2026 · Others / Reg. 34 (1) Annual Report

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 7.7000	3 Nov 2026	3 Nov 2026	—
Interim Dividend - Rs. - 6.3500	8 May 2025	8 May 2025	—

Board meetings

27 Oct 2026 Board Meeting - Financial Results
27 Jul 2026 Board Meeting - Financial Results