Gravita India
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
Get instant stock alerts
- Share Price
- Financials
- Revenue mix
- Shareholdings
- Peers
- Forensics
Share Price
Coming soon
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
Financials
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
Revenue mix
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
-
News
-
Corporate Actions
The opinions expressed here are those of the author, a columnist for Reuters
By Andy Home
LONDON, July 17 (Reuters) - There really is a lot of lead around.
London Metal Exchange (LME) stocks of the battery metal jumped by 58% in the space of two days earlier this week, thanks to the warranting of 171,175 metric tons at warehouses in Singapore.
The exchange should be pleased. It reduced listing fees for smaller lead producers between April 2024 and December 2025 to "enhance liquidity" on its lead contract.
It's evidently worked.
LME lead stocks have grown to almost 500,000 tons in recent months, including large tonnages sitting in off-warrant storage.
The unloved metal has become the metallic financing tool of choice, with inventory, just about all of it, located in Singapore, rotating between warehouses in search of better rental deals.
This week's burst of warranting activity is just the latest, albeit largest, such rotation.
But where has all this metal come from? And how much more is there to come?
WAREHOUSE ROULETTE
LME lead stocks have featured large, concentrated bursts of warranting action for many months.
The underlying trade is more about warehousing arbitrage than lead market fundamentals.
A trader, in this case reportedly Trafigura, places a large amount of metal onto LME warrant, agreeing with the warehouse operator to split future rental fees paid by the new owner.
The new owner will likely waste little time cancelling the warrants to escape the rental deal and moving the metal to another warehousing company.
The resulting stock churn was once a defining feature of the LME aluminium market, but inventory of the light metal has dwindled to under 400,000 tons, including off-warrant stocks.
The game has shifted to lead.
Some of what "arrived" this week was simply transferred from off-warrant stocks. Those in Singapore fell by 34,256 tons on Monday, when the first 83,225-ton tranche of metal was put on warrant. That still left 142,598 tons of potentially warrantable metal ahead of Tuesday's second round of deliveries.
INDIAN EXPORT SURGE
Indian brands of lead accounted for 76% of total on-warrant LME inventory at the end of June. As recently as January 2023 there was zero Indian metal in the system.
Indian exports have in the intervening years increased from 151,000 tons in 2022 to 482,000 tons last year, according to the World Bureau of Metal Statistics (WBMS), which collects trade data from official customs figures.
Singapore has been a prominent destination, even though the country is hardly a hub for manufacturing lead-acid batteries, the metal's primary application.
Shipments to Singapore have exceeded 400,000 tons since the start of 2023. They peaked at 31,000 tons in November 2025, when they accounted for almost half of all India's refined lead exports.
Until last year, there were only three brands of lead registered with the LME, two produced by Hindustan Zinc HZNC.NS, a massive mine-to-refinery primary producer, and one by secondary producer Jain Resource Recycling JAIE.NS.
Another five brands representing a combined annual production capacity of 195,000 tons were added last year as part of the LME's drive to entice smaller secondary lead producers to list.
Gravita India GRAI.NS, with annual production capacity of 48,000 tons, has just become the ninth Indian lead brand to qualify for LME good-delivery status.
CHANGE OF FLOW
The growing number of Indian producers registered with the exchange raises the prospect of yet more lead flowing to LME warehouses in Singapore.
But India's trade patterns have changed tack this year.
Exports to Singapore were just 1,555 tons in April, the lowest monthly tally in a year, according to the WBMS.
China was the primary destination that month, with shipments of 8,685 tons accounting for 34% of total April exports.
This is very much a new market for Indian metal. China didn't import much refined lead at all last year and took only 500 tons from India.
But imports from India mushroomed to 57,000 tons in the first five months of this year, lifting total inflows to 132,000 tons, already the highest annual count since 2009, according to WBMS data.
Quite why China suddenly needs so much lead is not clear but while it does, it means less Indian metal is heading to LME warehouses in Singapore.
That, of course, still leaves a lot of metal churning through warehouse deals in Singapore.
The sudden appearance of so much lead has sent LME three-month metal CMPB3 tumbling to a 15-month low of $1,840 per ton this week.
Chances of a sustained recovery depend on how long China continues to divert Indian metal flows away from LME warehouses in Singapore.
(The opinions expressed here are those of Andy Home, a columnist for Reuters.)
Enjoying this column? Check out Reuters Open Interest (ROI), your essential new source for global financial commentary. Follow ROI on LinkedIn, and X.
And listen to the Morning Bid daily podcast on Apple, Spotify, or the Reuters app. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week.
Lead lead stocks have risen to 500,000 tons https://tmsnrt.rs/4yHzMqP
LME lead stocks are largely Indian-brand metal https://tmsnrt.rs/4wLHFtk
Indian exports of refined lead to Singapore surge https://tmsnrt.rs/4wibHVy
(Writing by Andy Home;
Editing by Marguerita Choy)
(([email protected], 44-207-542-4412 and on Twitter https://twitter.com/AndyHomeMetals))
The opinions expressed here are those of the author, a columnist for Reuters
By Andy Home
LONDON, July 17 (Reuters) - There really is a lot of lead around.
London Metal Exchange (LME) stocks of the battery metal jumped by 58% in the space of two days earlier this week, thanks to the warranting of 171,175 metric tons at warehouses in Singapore.
The exchange should be pleased. It reduced listing fees for smaller lead producers between April 2024 and December 2025 to "enhance liquidity" on its lead contract.
It's evidently worked.
LME lead stocks have grown to almost 500,000 tons in recent months, including large tonnages sitting in off-warrant storage.
The unloved metal has become the metallic financing tool of choice, with inventory, just about all of it, located in Singapore, rotating between warehouses in search of better rental deals.
This week's burst of warranting activity is just the latest, albeit largest, such rotation.
But where has all this metal come from? And how much more is there to come?
WAREHOUSE ROULETTE
LME lead stocks have featured large, concentrated bursts of warranting action for many months.
The underlying trade is more about warehousing arbitrage than lead market fundamentals.
A trader, in this case reportedly Trafigura, places a large amount of metal onto LME warrant, agreeing with the warehouse operator to split future rental fees paid by the new owner.
The new owner will likely waste little time cancelling the warrants to escape the rental deal and moving the metal to another warehousing company.
The resulting stock churn was once a defining feature of the LME aluminium market, but inventory of the light metal has dwindled to under 400,000 tons, including off-warrant stocks.
The game has shifted to lead.
Some of what "arrived" this week was simply transferred from off-warrant stocks. Those in Singapore fell by 34,256 tons on Monday, when the first 83,225-ton tranche of metal was put on warrant. That still left 142,598 tons of potentially warrantable metal ahead of Tuesday's second round of deliveries.
INDIAN EXPORT SURGE
Indian brands of lead accounted for 76% of total on-warrant LME inventory at the end of June. As recently as January 2023 there was zero Indian metal in the system.
Indian exports have in the intervening years increased from 151,000 tons in 2022 to 482,000 tons last year, according to the World Bureau of Metal Statistics (WBMS), which collects trade data from official customs figures.
Singapore has been a prominent destination, even though the country is hardly a hub for manufacturing lead-acid batteries, the metal's primary application.
Shipments to Singapore have exceeded 400,000 tons since the start of 2023. They peaked at 31,000 tons in November 2025, when they accounted for almost half of all India's refined lead exports.
Until last year, there were only three brands of lead registered with the LME, two produced by Hindustan Zinc HZNC.NS, a massive mine-to-refinery primary producer, and one by secondary producer Jain Resource Recycling JAIE.NS.
Another five brands representing a combined annual production capacity of 195,000 tons were added last year as part of the LME's drive to entice smaller secondary lead producers to list.
Gravita India GRAI.NS, with annual production capacity of 48,000 tons, has just become the ninth Indian lead brand to qualify for LME good-delivery status.
CHANGE OF FLOW
The growing number of Indian producers registered with the exchange raises the prospect of yet more lead flowing to LME warehouses in Singapore.
But India's trade patterns have changed tack this year.
Exports to Singapore were just 1,555 tons in April, the lowest monthly tally in a year, according to the WBMS.
China was the primary destination that month, with shipments of 8,685 tons accounting for 34% of total April exports.
This is very much a new market for Indian metal. China didn't import much refined lead at all last year and took only 500 tons from India.
But imports from India mushroomed to 57,000 tons in the first five months of this year, lifting total inflows to 132,000 tons, already the highest annual count since 2009, according to WBMS data.
Quite why China suddenly needs so much lead is not clear but while it does, it means less Indian metal is heading to LME warehouses in Singapore.
That, of course, still leaves a lot of metal churning through warehouse deals in Singapore.
The sudden appearance of so much lead has sent LME three-month metal CMPB3 tumbling to a 15-month low of $1,840 per ton this week.
Chances of a sustained recovery depend on how long China continues to divert Indian metal flows away from LME warehouses in Singapore.
(The opinions expressed here are those of Andy Home, a columnist for Reuters.)
Enjoying this column? Check out Reuters Open Interest (ROI), your essential new source for global financial commentary. Follow ROI on LinkedIn, and X.
And listen to the Morning Bid daily podcast on Apple, Spotify, or the Reuters app. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week.
Lead lead stocks have risen to 500,000 tons https://tmsnrt.rs/4yHzMqP
LME lead stocks are largely Indian-brand metal https://tmsnrt.rs/4wLHFtk
Indian exports of refined lead to Singapore surge https://tmsnrt.rs/4wibHVy
(Writing by Andy Home;
Editing by Marguerita Choy)
(([email protected], 44-207-542-4412 and on Twitter https://twitter.com/AndyHomeMetals))
** Shares of metals and plastics recycling company Gravita India GRAI.NS fell as much as 5.1% to 1,706.60 rupees, last down 1.8%
** Stock set to snap four session winning streak
** Co's consolidated net profit in the March quarter fell 3.4% year-on-year to 981.8 million rupees ($10.40 million)
** Q4 rev from ops rises 13.1% Y/Y
** Stock rated "strong buy" on an avg by 9 analysts covering it, median PT of 2,045 rupees - data from LSEG shows
** GRAI shares are down 5% in 2026 so far
($1 = 94.4250 Indian rupees)
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of metals and plastics recycling company Gravita India GRAI.NS fell as much as 5.1% to 1,706.60 rupees, last down 1.8%
** Stock set to snap four session winning streak
** Co's consolidated net profit in the March quarter fell 3.4% year-on-year to 981.8 million rupees ($10.40 million)
** Q4 rev from ops rises 13.1% Y/Y
** Stock rated "strong buy" on an avg by 9 analysts covering it, median PT of 2,045 rupees - data from LSEG shows
** GRAI shares are down 5% in 2026 so far
($1 = 94.4250 Indian rupees)
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
May 7 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD MARCH-QUARTER CONSOL NET PROFIT 918.8 MILLION RUPEES
GRAVITA INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.73 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRAI.NS
(([email protected];))
May 7 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD MARCH-QUARTER CONSOL NET PROFIT 918.8 MILLION RUPEES
GRAVITA INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.73 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRAI.NS
(([email protected];))
Feb 25 (Reuters) - Gravita India Ltd GRAI.NS:
INCREASES CAPACITY AT MUNDRA RECYCLING UNIT
LEAD RECYCLING CAPACITY INCREASED TO 145,100 MTPA
Source text: ID:nNSE2QWQtR
Further company coverage: GRAI.NS
(([email protected];;))
Feb 25 (Reuters) - Gravita India Ltd GRAI.NS:
INCREASES CAPACITY AT MUNDRA RECYCLING UNIT
LEAD RECYCLING CAPACITY INCREASED TO 145,100 MTPA
Source text: ID:nNSE2QWQtR
Further company coverage: GRAI.NS
(([email protected];;))
Feb 9 (Reuters) - Gravita India Ltd GRAI.NS:
TO BUY RASHTRIYA METAL INDUSTRIES FOR 5.65 BILLION RUPEES
ENTERING COPPER RECYCLING BUSINESS
Source text: ID:nBSE4r1VP2
Further company coverage: GRAI.NS
(([email protected];))
Feb 9 (Reuters) - Gravita India Ltd GRAI.NS:
TO BUY RASHTRIYA METAL INDUSTRIES FOR 5.65 BILLION RUPEES
ENTERING COPPER RECYCLING BUSINESS
Source text: ID:nBSE4r1VP2
Further company coverage: GRAI.NS
(([email protected];))
Jan 21 (Reuters) - Gravita India Ltd GRAI.NS:
DEC-QUARTER CONSOL NET PROFIT 976.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.17 BILLION RUPEES
Source text: ID:nnAZN4S2710
Further company coverage: GRAI.NS
(([email protected];;))
Jan 21 (Reuters) - Gravita India Ltd GRAI.NS:
DEC-QUARTER CONSOL NET PROFIT 976.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.17 BILLION RUPEES
Source text: ID:nnAZN4S2710
Further company coverage: GRAI.NS
(([email protected];;))
June 24 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - ANNOUNCES VOLUNTARY CLOSURE OF GRAVITA USA INC.
Source text: ID:nBSE1LX7Lc
Further company coverage: GRAI.NS
(([email protected];))
June 24 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - ANNOUNCES VOLUNTARY CLOSURE OF GRAVITA USA INC.
Source text: ID:nBSE1LX7Lc
Further company coverage: GRAI.NS
(([email protected];))
** Shares of Gravita India GRAI.NS rise 3.6% to 1,892 rupees apiece
** Rise in shares of GRAI, which is involved in recycling lead, lead products, aluminium and plastic, comes after a government document shows that an incentive scheme for recycling critical minerals in its final stages
** The scheme, which will also include lithium-ion batteries, will give capex subsidy to eligible recyclers, according to a mines ministry government document
** GRAI on course to snap a three-session losing streak
** GRAI shares are down 16% in 2025 so far, underperforming the 3.4% rise in the Nifty 500 index .NIFTY500
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Gravita India GRAI.NS rise 3.6% to 1,892 rupees apiece
** Rise in shares of GRAI, which is involved in recycling lead, lead products, aluminium and plastic, comes after a government document shows that an incentive scheme for recycling critical minerals in its final stages
** The scheme, which will also include lithium-ion batteries, will give capex subsidy to eligible recyclers, according to a mines ministry government document
** GRAI on course to snap a three-session losing streak
** GRAI shares are down 16% in 2025 so far, underperforming the 3.4% rise in the Nifty 500 index .NIFTY500
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
June 2 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD -UNIT RECEIVES INCOME-TAX DEMAND ORDER OF 41 MILLION RUPEES
Further company coverage: GRAI.NS
(([email protected];))
June 2 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD -UNIT RECEIVES INCOME-TAX DEMAND ORDER OF 41 MILLION RUPEES
Further company coverage: GRAI.NS
(([email protected];))
March 27 (Reuters) - Gravita India Ltd GRAI.NS:
RECEIVES TAX DEMAND NOTICE OF 414.9 MILLION RUPEES
Source text: ID:nBSE5lymqY
Further company coverage: GRAI.NS
(([email protected];))
March 27 (Reuters) - Gravita India Ltd GRAI.NS:
RECEIVES TAX DEMAND NOTICE OF 414.9 MILLION RUPEES
Source text: ID:nBSE5lymqY
Further company coverage: GRAI.NS
(([email protected];))
Jan 22 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA DEC-QUARTER CONSOL NET PROFIT 779.3 MILLION RUPEES
GRAVITA INDIA DEC-QUARTER REVENUE FROM OPERATIONS 9.96 BILLION RUPEES
Source text: ID:nNSE3fPcnt
Further company coverage: GRAI.NS
(([email protected];;))
Jan 22 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA DEC-QUARTER CONSOL NET PROFIT 779.3 MILLION RUPEES
GRAVITA INDIA DEC-QUARTER REVENUE FROM OPERATIONS 9.96 BILLION RUPEES
Source text: ID:nNSE3fPcnt
Further company coverage: GRAI.NS
(([email protected];;))
** Shares of aluminum processing company Gravita India GRAI.NS rise 3.2% to 2,247 rupees
** Co's Ghana unit starts commercial production of recycled aluminum alloys from its new recycling plant
** Co plans to raise capacity of plant from 4,000 million tonnes per annum (MTPA) to 8,000 MTPA
** Analysts' avg rating on stock is "strong buy;" median PT is 3,032.5 rupees - LSEG data
** Stock rose 98% in 2024
(Reporting by Aleef Jahan in Bengaluru)
** Shares of aluminum processing company Gravita India GRAI.NS rise 3.2% to 2,247 rupees
** Co's Ghana unit starts commercial production of recycled aluminum alloys from its new recycling plant
** Co plans to raise capacity of plant from 4,000 million tonnes per annum (MTPA) to 8,000 MTPA
** Analysts' avg rating on stock is "strong buy;" median PT is 3,032.5 rupees - LSEG data
** Stock rose 98% in 2024
(Reporting by Aleef Jahan in Bengaluru)
Jan 1 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - SUBSIDIARY STARTS COMMERCIAL PRODUCTION OF RECYCLED ALUMINUM ALLOYS IN GHANA
GRAVITA INDIA LTD - PLANS TO INCREASE GHANA PLANT CAPACITY TO 8,000 MTPA
Source text: ID:nBSE75qsCy
Further company coverage: GRAI.NS
(([email protected];))
Jan 1 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - SUBSIDIARY STARTS COMMERCIAL PRODUCTION OF RECYCLED ALUMINUM ALLOYS IN GHANA
GRAVITA INDIA LTD - PLANS TO INCREASE GHANA PLANT CAPACITY TO 8,000 MTPA
Source text: ID:nBSE75qsCy
Further company coverage: GRAI.NS
(([email protected];))
Dec 16 (Reuters) - Gravita India Ltd GRAI.NS:
APPROVES FLOOR PRICE FOR QIP AT 2,206.49 RUPEES/SHARE
Source text: [ID:]
Further company coverage: GRAI.NS
(([email protected];))
Dec 16 (Reuters) - Gravita India Ltd GRAI.NS:
APPROVES FLOOR PRICE FOR QIP AT 2,206.49 RUPEES/SHARE
Source text: [ID:]
Further company coverage: GRAI.NS
(([email protected];))
Sept 27 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - TO CONSIDER FUND RAISING PROPOSAL
Source text for Eikon: ID:nBSE2ZMcJH
Further company coverage: GRAI.NS
(([email protected];;))
Sept 27 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA LTD - TO CONSIDER FUND RAISING PROPOSAL
Source text for Eikon: ID:nBSE2ZMcJH
Further company coverage: GRAI.NS
(([email protected];;))
** Shares of metals processing company Gravita India GRAI.NS up 6.3% at 2,477.55 rupees
** Emkay Research raises price target on stock to 2,700 rupees apiece from 1,650 rupees, keeps "Buy" rating
** New PT at 16% premium on last close
** Emkay's PT is highest among five brokerages covering the stock - LSEG data
** Avg rating on stock is "Buy" - LSEG
** Emkay upbeat on GRAI's scrap procurement business, citing interaction with co's management
** Says India's GST council's reverse charge mechanism (RCM) is a catalyst of growth for GRAI and is playing out sooner than expected
** Emkay says RCM implementation would mean formalisation of the unorganised sector which is 65% of the industry; this bodes well for GRAI as it can now tap into larger opportunities
** Under RCM, GST on supply of scrap is payable by the buyer instead of supplier
** Stock up 126% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of metals processing company Gravita India GRAI.NS up 6.3% at 2,477.55 rupees
** Emkay Research raises price target on stock to 2,700 rupees apiece from 1,650 rupees, keeps "Buy" rating
** New PT at 16% premium on last close
** Emkay's PT is highest among five brokerages covering the stock - LSEG data
** Avg rating on stock is "Buy" - LSEG
** Emkay upbeat on GRAI's scrap procurement business, citing interaction with co's management
** Says India's GST council's reverse charge mechanism (RCM) is a catalyst of growth for GRAI and is playing out sooner than expected
** Emkay says RCM implementation would mean formalisation of the unorganised sector which is 65% of the industry; this bodes well for GRAI as it can now tap into larger opportunities
** Under RCM, GST on supply of scrap is payable by the buyer instead of supplier
** Stock up 126% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Gravita India GRAI.NS up as much as 9.9% to a record high of 1,990 rupees, last up 8.1%
** Brokerage Motilal Oswal initiates coverage on stock with "Buy", PT of 2,350 rupees
** Motilal's PT on stock is the highest among 5 brokerages covering the stock, per LSEG data
** Co's lead recycling business is expected to sustain strong rev growth momentum, fueled by favorable regulatory changes, formalization of sector - MO
** Sees aluminium and plastic business to report higher compound annual growth rate
** Analysts' avg rating on stock is "Buy", median PT is 1,710 rupees, a 5.6% discount on last close
** Including session's gains, stock up 78% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Gravita India GRAI.NS up as much as 9.9% to a record high of 1,990 rupees, last up 8.1%
** Brokerage Motilal Oswal initiates coverage on stock with "Buy", PT of 2,350 rupees
** Motilal's PT on stock is the highest among 5 brokerages covering the stock, per LSEG data
** Co's lead recycling business is expected to sustain strong rev growth momentum, fueled by favorable regulatory changes, formalization of sector - MO
** Sees aluminium and plastic business to report higher compound annual growth rate
** Analysts' avg rating on stock is "Buy", median PT is 1,710 rupees, a 5.6% discount on last close
** Including session's gains, stock up 78% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Gravita India GRAI.NS gain 8.5% to 1,445 rupees, sees biggest one-day gain in over a month
** The metal and lead recycling firm's Q1 consol profit, rev from ops jumped about 29% Y/Y each
** Including session's gains, stock up 32% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Gravita India GRAI.NS gain 8.5% to 1,445 rupees, sees biggest one-day gain in over a month
** The metal and lead recycling firm's Q1 consol profit, rev from ops jumped about 29% Y/Y each
** Including session's gains, stock up 32% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
July 18 (Reuters) - Gravita India Ltd GRAI.NS:
UNIT IN JAMAICA HAS BEEN CLOSED
Further company coverage: GRAI.NS
(([email protected];))
July 18 (Reuters) - Gravita India Ltd GRAI.NS:
UNIT IN JAMAICA HAS BEEN CLOSED
Further company coverage: GRAI.NS
(([email protected];))
April 30 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA MARCH-QUARTER CONSOL NET PROFIT 689.8 MILLION RUPEES VERSUS 638.1 MILLION RUPEES
GRAVITA INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.63 BILLION RUPEES VERSUS 7.49 BILLION RUPEES
Source text for Eikon: ID:nNSEP9WZb
Further company coverage: GRAI.NS
(([email protected];))
April 30 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA INDIA MARCH-QUARTER CONSOL NET PROFIT 689.8 MILLION RUPEES VERSUS 638.1 MILLION RUPEES
GRAVITA INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.63 BILLION RUPEES VERSUS 7.49 BILLION RUPEES
Source text for Eikon: ID:nNSEP9WZb
Further company coverage: GRAI.NS
(([email protected];))
March 28 (Reuters) - Gravita India Ltd GRAI.NS:
APPROVED RE-APPOINTMENT OF MAHAVIR PRASAD AGARWAL AS CHAIRMAN
Source text for Eikon: ID:nBSE3Nck4C
Further company coverage: GRAI.NS
(([email protected];))
March 28 (Reuters) - Gravita India Ltd GRAI.NS:
APPROVED RE-APPOINTMENT OF MAHAVIR PRASAD AGARWAL AS CHAIRMAN
Source text for Eikon: ID:nBSE3Nck4C
Further company coverage: GRAI.NS
(([email protected];))
** Shares of metal and lead recycling company Gravita India GRAI.NS rise as much as 13.1% to 1,045.85 rupees
** Kotak Institutional Equities initiates coverage with "buy" rating and fair value of 1,200 rupees
** Says, GRAI poised to benefit from higher scrap availability and reduced costs as the lead recycling industry formalises
** Expects revenue and profit to grow at CAGR of 20% and 22%, respectively, over next three years, with a high return on capital employed (ROCE) of more than 20%
** Risks include commodity price volatility, regulatory changes affecting scrap, and competition from battery OEMs in recycling
** Stock eyes second straight month of gains; on track for a fourth consecutive session of gains, if trends hold
** Brokerages Antique Stock Broking and Emkay Global both rate the stock as "buy," with PT of 1,410 rupees and 1,325 rupees, respectively
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of metal and lead recycling company Gravita India GRAI.NS rise as much as 13.1% to 1,045.85 rupees
** Kotak Institutional Equities initiates coverage with "buy" rating and fair value of 1,200 rupees
** Says, GRAI poised to benefit from higher scrap availability and reduced costs as the lead recycling industry formalises
** Expects revenue and profit to grow at CAGR of 20% and 22%, respectively, over next three years, with a high return on capital employed (ROCE) of more than 20%
** Risks include commodity price volatility, regulatory changes affecting scrap, and competition from battery OEMs in recycling
** Stock eyes second straight month of gains; on track for a fourth consecutive session of gains, if trends hold
** Brokerages Antique Stock Broking and Emkay Global both rate the stock as "buy," with PT of 1,410 rupees and 1,325 rupees, respectively
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Jan 23 (Reuters) - Gravita India Ltd GRAI.NS:
DEC-QUARTER CONSOL NET PROFIT 602.7 MILLION RUPEES VERSUS 502 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.58 BILLION RUPEES VERSUS 7.89 BILLION RUPEES
Further company coverage: GRAI.NS
(([email protected];))
Jan 23 (Reuters) - Gravita India Ltd GRAI.NS:
DEC-QUARTER CONSOL NET PROFIT 602.7 MILLION RUPEES VERSUS 502 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.58 BILLION RUPEES VERSUS 7.89 BILLION RUPEES
Further company coverage: GRAI.NS
(([email protected];))
Dec 7 (Reuters) - Gravita India Ltd GRAI.NS:
UNIT IN TANZANIA, EAST AFRICA STARTED COMMERCIAL PRODUCTION OF RECYCLED POLYPROPYLENE GRANULES
PRODUCTION FROM NEW PLASTIC RECYCLING PLANT HAVING AN ANNUAL CAPACITY OF AROUND 1,800 MTPA
MADE INVESTMENT OF ABOUT 22.5 MILLION RUPEES FOR PROCUREMENT AND COMMISSIONING OF RECYCLING PLANT
Source text for Eikon: ID:nBSEbJvQy5
Further company coverage: GRAI.NS
(([email protected];))
Dec 7 (Reuters) - Gravita India Ltd GRAI.NS:
UNIT IN TANZANIA, EAST AFRICA STARTED COMMERCIAL PRODUCTION OF RECYCLED POLYPROPYLENE GRANULES
PRODUCTION FROM NEW PLASTIC RECYCLING PLANT HAVING AN ANNUAL CAPACITY OF AROUND 1,800 MTPA
MADE INVESTMENT OF ABOUT 22.5 MILLION RUPEES FOR PROCUREMENT AND COMMISSIONING OF RECYCLING PLANT
Source text for Eikon: ID:nBSEbJvQy5
Further company coverage: GRAI.NS
(([email protected];))
** Shares of Gravita India GRAI.NS rise as much as 8.5% to a record high of 1,080 rupees
** GRAI on Tuesday reported a 30% rise in its Q2 consolidated net profit to 578.6 mln rupees ($6.95 mln)
** Revenue from operations rose to 8.63 bln rupees from 6.83 billion rupees a year ago
** Gravita is primarily engaged in making lead and lead-alloy products; also has a turn-key solution segment involved in supplying machinery to lead manufacturers
** Gravita stock up ~135%, YTD
($1 = 83.2740 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
** Shares of Gravita India GRAI.NS rise as much as 8.5% to a record high of 1,080 rupees
** GRAI on Tuesday reported a 30% rise in its Q2 consolidated net profit to 578.6 mln rupees ($6.95 mln)
** Revenue from operations rose to 8.63 bln rupees from 6.83 billion rupees a year ago
** Gravita is primarily engaged in making lead and lead-alloy products; also has a turn-key solution segment involved in supplying machinery to lead manufacturers
** Gravita stock up ~135%, YTD
($1 = 83.2740 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
Oct 31 (Reuters) - Gravita India Ltd GRAI.NS:
SEPT-QUARTER CONSOL NET PROFIT 578.6 MILLION RUPEES VERSUS 445.7 MILLION RUPEES YEAR AGO
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.36 BILLION RUPEES VERSUS 6.83 BILLION RUPEES YEAR AGO
Further company coverage: GRAI.NS
(([email protected];))
Oct 31 (Reuters) - Gravita India Ltd GRAI.NS:
SEPT-QUARTER CONSOL NET PROFIT 578.6 MILLION RUPEES VERSUS 445.7 MILLION RUPEES YEAR AGO
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.36 BILLION RUPEES VERSUS 6.83 BILLION RUPEES YEAR AGO
Further company coverage: GRAI.NS
(([email protected];))
Aug 29 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA STARTS BATTERY RECYCLING IN TOGO
UNIT STARTED COMMERCIAL PRODUCTION OF LEAD FROM ITS RECYCLING PLANT WITH ANNUAL CAPACITY OF 6,000 MTPA
Source text for Eikon: ID:nBSE63CkkK
Further company coverage: GRAI.NS
(([email protected];))
Aug 29 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA STARTS BATTERY RECYCLING IN TOGO
UNIT STARTED COMMERCIAL PRODUCTION OF LEAD FROM ITS RECYCLING PLANT WITH ANNUAL CAPACITY OF 6,000 MTPA
Source text for Eikon: ID:nBSE63CkkK
Further company coverage: GRAI.NS
(([email protected];))
July 24 (Reuters) - Gravita India Ltd GRAI.NS:
JUNE-QUARTER CONSOL NET PROFIT 520.8 MILLION RUPEES VERSUS 425.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.03 BILLION RUPEES VERSUS 5.8 BILLION RUPEES
Source text for Eikon: ID:nBSEbs3MWQ
Further company coverage: GRAI.NS
(([email protected];))
July 24 (Reuters) - Gravita India Ltd GRAI.NS:
JUNE-QUARTER CONSOL NET PROFIT 520.8 MILLION RUPEES VERSUS 425.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.03 BILLION RUPEES VERSUS 5.8 BILLION RUPEES
Source text for Eikon: ID:nBSEbs3MWQ
Further company coverage: GRAI.NS
(([email protected];))
July 18 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA’S PURE LEAD EMPANELED WITH MULTI COMMODITY EXCHANGE OF INDIA
Source text for Eikon: ID:nNSE9Lcy3D
Further company coverage: GRAI.NS
(([email protected];;))
July 18 (Reuters) - Gravita India Ltd GRAI.NS:
GRAVITA’S PURE LEAD EMPANELED WITH MULTI COMMODITY EXCHANGE OF INDIA
Source text for Eikon: ID:nNSE9Lcy3D
Further company coverage: GRAI.NS
(([email protected];;))
June 16 (Reuters) - Gravita India Ltd GRAI.NS:
MUNDRA PLANT OF CO HAS BEEN IMPACTED DUE TO CYCLONE BIPARJOY
COMPANY OPERATIONS WERE ALREADY SUSPENDED AS PRECAUTIONARY MEASURE
CYCLONE HAS DAMAGED SOME PARTS OF PLANT
OPERATIONS OF SAID PLANT HAS BEEN SUSPENDED FOR FEW DAYS
COMPANY HAS FULL INSURANCE COVERAGE FOR PLANT
Source text for Eikon: ID:nBSE1plKRl
Further company coverage: GRAI.NS
(([email protected];))
June 16 (Reuters) - Gravita India Ltd GRAI.NS:
MUNDRA PLANT OF CO HAS BEEN IMPACTED DUE TO CYCLONE BIPARJOY
COMPANY OPERATIONS WERE ALREADY SUSPENDED AS PRECAUTIONARY MEASURE
CYCLONE HAS DAMAGED SOME PARTS OF PLANT
OPERATIONS OF SAID PLANT HAS BEEN SUSPENDED FOR FEW DAYS
COMPANY HAS FULL INSURANCE COVERAGE FOR PLANT
Source text for Eikon: ID:nBSE1plKRl
Further company coverage: GRAI.NS
(([email protected];))
More Small Cap Ideas
See similar 'Small' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
- Business
- Financials
- Share Price
- Shareholdings
What does Gravita India do?
Gravita India Ltd, established in 1992 in Jaipur, is a leading producer of lead in India. The company specializes in the production of lead and lead products using environmentally friendly processes.
Who are the competitors of Gravita India?
Gravita India major competitors are Nile, Pondy Oxides & Chem., Sandur Manganese, GMDC, Ashapura Minechem, Raghav Productivity, KIOCL. Market Cap of Gravita India is ₹13,417 Crs. While the median market cap of its peers are ₹6,715 Crs.
Is Gravita India financially stable compared to its competitors?
Gravita India seems to be less financially stable compared to its competitors. Altman Z score of Gravita India is 11.44 and is ranked 5 out of its 8 competitors.
Does Gravita India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Gravita India latest dividend payout ratio is 12.28% and 3yr average dividend payout ratio is 13.61%
How has Gravita India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Gravita India balance sheet?
Balance sheet of Gravita India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Gravita India improving?
Yes, profit is increasing. The profit of Gravita India is ₹378 Crs for TTM, ₹312 Crs for Mar 2025 and ₹239 Crs for Mar 2024.
Is the debt of Gravita India increasing or decreasing?
Yes, The net debt of Gravita India is increasing. Latest net debt of Gravita India is ₹531 Crs as of Mar-26. This is greater than Mar-25 when it was -₹526.62 Crs.
Is Gravita India stock expensive?
Yes, Gravita India is expensive. Latest PE of Gravita India is 35.42, while 3 year average PE is 31.59. Also latest EV/EBITDA of Gravita India is 32.07 while 3yr average is 28.63.
Has the share price of Gravita India grown faster than its competition?
Gravita India has given better returns compared to its competitors. Gravita India has grown at ~39.52% over the last 9yrs while peers have grown at a median rate of 30.51%
Is the promoter bullish about Gravita India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Gravita India is 55.88% and last quarter promoter holding is 55.88%.
Are mutual funds buying/selling Gravita India?
The mutual fund holding of Gravita India is increasing. The current mutual fund holding in Gravita India is 2.86% while previous quarter holding is 2.64%.