Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 836 | 758 | 863 | 908 | 927 | 996 | 1,037 | 1,040 | 1,036 | 1,017 | 1,173 | 1,475 |
| Expenses | 764 | 677 | 791 | 820 | 864 | 916 | 945 | 939 | 933 | 897 | 1,060 | 1,365 |
| Operating Profit | 73 | 80 | 72 | 88 | 63 | 81 | 92 | 101 | 102 | 120 | 113 | 110 |
| OPM % | 9% | 11% | 8% | 10% | 7% | 8% | 9% | 10% | 10% | 12% | 10% | 7% |
| Other Income | 14 | 15 | 25 | 7 | 40 | 29 | 36 | 30 | 26 | 12 | 9 | 48 |
| Interest | 11 | 13 | 12 | 13 | 12 | 13 | 6 | 6 | 8 | 7 | 4 | 11 |
| Depreciation | 9 | 9 | 12 | 7 | 7 | 8 | 8 | 9 | 9 | 10 | 11 | 14 |
| Profit before tax | 67 | 74 | 72 | 75 | 85 | 89 | 115 | 116 | 111 | 115 | 106 | 131 |
| Tax % | 12% | 17% | 4% | 9% | 15% | 12% | 17% | 20% | 14% | 15% | 13% | 19% |
| Net Profit | 59 | 61 | 69 | 68 | 72 | 78 | 95 | 93 | 96 | 97 | 92 | 106 |
| EPS in Rs | 8.38 | 8.73 | 9.99 | 9.75 | 10.43 | 10.56 | 12.89 | 12.64 | 13.01 | 13.23 | 12.45 | 14.41 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 430 | 655 | 1,017 | 1,242 | 1,348 | 1,410 | 2,216 | 2,801 | 3,161 | 3,869 | 4,265 | 4,700 |
| Expenses | 412 | 596 | 926 | 1,180 | 1,239 | 1,288 | 1,998 | 2,594 | 2,873 | 3,541 | 3,826 | 4,256 |
| Operating Profit | 18 | 59 | 92 | 62 | 109 | 121 | 217 | 207 | 287 | 328 | 439 | 444 |
| OPM % | 4.3% | 9% | 9% | 5.0% | 8% | 9% | 10% | 7% | 9% | 8% | 10% | 9% |
| Other Income | 3 | 1 | 2 | 5 | -12 | 1 | 6 | 88 | 76 | 111 | 75 | 94 |
| Interest | 9 | 11 | 20 | 26 | 31 | 31 | 38 | 44 | 52 | 46 | 27 | 30 |
| Depreciation | 7 | 6 | 9 | 12 | 18 | 20 | 21 | 24 | 38 | 29 | 39 | 45 |
| Profit before tax | 6 | 44 | 64 | 30 | 47 | 71 | 165 | 228 | 274 | 363 | 448 | 464 |
| Tax % | 8% | 19% | 26% | 34% | 22% | 20% | 10% | 10% | 12% | 14% | 16% | |
| Net Profit | 5 | 35 | 48 | 19 | 37 | 57 | 148 | 204 | 242 | 313 | 378 | 392 |
| EPS in Rs | 0.64 | 4.78 | 6.42 | 2.25 | 4.81 | 7.60 | 20.19 | 29.13 | 34.65 | 42.32 | 51.32 | 53.10 |
| Dividend Payout % | 31% | 13% | 11% | 13% | 15% | 14% | 15% | 15% | 15% | 15% | 12% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 26% | 25% | 15% | 17% | ||
| Compounded Profit Growth | 52% | 44% | 19% | 16% | ||
| Stock Price CAGR | 46% | 49% | 17% | -8% | ||
| Return on Equity | 23% | 24% | 20% | 15% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 |
| Reserves | 102 | 105 | 136 | 176 | 186 | 211 | 255 | 373 | 575 | 824 | 2,055 | 2,437 |
| Borrowings | 103 | 99 | 166 | 233 | 250 | 279 | 261 | 392 | 348 | 548 | 286 | 736 |
| Other Liabilities | 31 | 22 | 39 | 70 | 123 | 110 | 196 | 219 | 268 | 217 | 159 | 229 |
| Total Liabilities | 250 | 240 | 355 | 492 | 573 | 614 | 726 | 998 | 1,205 | 1,602 | 2,515 | 3,417 |
| Fixed Assets | 54 | 54 | 68 | 109 | 137 | 182 | 172 | 191 | 273 | 348 | 436 | 939 |
| CWIP | 6 | 15 | 32 | 24 | 46 | 15 | 13 | 42 | 46 | 43 | 39 | 48 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 16 | 528 | 413 |
| Other Assets | 190 | 170 | 255 | 359 | 390 | 418 | 540 | 764 | 885 | 1,194 | 1,512 | 2,017 |
| Total Assets | 250 | 240 | 355 | 492 | 573 | 614 | 726 | 998 | 1,205 | 1,602 | 2,515 | 3,417 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 29 | 1 | -3 | 89 | 34 | 77 | 10 | 200 | 42 | 282 | 169 |
| Cash from Investing Activity | -2 | -10 | -49 | -42 | -66 | -14 | -19 | -69 | -105 | -158 | -864 | -361 |
| Cash from Financing Activity | 6 | -17 | 49 | 40 | -17 | -21 | -57 | 72 | -87 | 121 | 640 | 178 |
| Net Cash Flow | 3 | 2 | 2 | -4 | 6 | -2 | 1 | 12 | 7 | 5 | 59 | -14 |
| Free Cash Flow | -4 | 15 | -46 | -42 | 21 | 19 | 55 | -61 | 93 | -56 | 175 | -46 |
| CFO/OP | 5% | 164% | 6% | 9% | 164% | 41% | 73% | 11% | 108% | 32% | 101% | 53% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 25 | 34 | 41 | 28 | 18 | 15 | 18 | 18 | 31 | 26 | 37 |
| Inventory Days | 81 | 77 | 77 | 72 | 64 | 75 | 115 | 107 | 95 | 96 | 71 | 109 |
| Days Payable | 12 | 8 | 10 | 21 | 35 | 29 | 44 | 7 | 14 | 10 | 5 | 7 |
| Cash Conversion Cycle | 88 | 94 | 101 | 91 | 58 | 65 | 87 | 119 | 99 | 117 | 92 | 139 |
| Working Capital Days | 34 | 35 | 24 | 18 | 4 | 16 | 32 | 40 | 43 | 66 | 78 | 82 |
| ROCE % | 9% | 7% | 20% | 23% | 13% | 19% | 21% | 31% | 32% | 28% | 22% | 16% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.48% | 66.48% | 66.48% | 63.37% | 63.37% | 59.27% | 59.27% | 55.88% | 55.88% | 55.88% | 55.88% | 55.88% |
| FIIs | 9.99% | 10.58% | 11.08% | 13.40% | 14.01% | 14.12% | 14.03% | 15.09% | 14.65% | 15.75% | 13.94% | 12.86% |
| DIIs | 0.42% | 0.43% | 0.43% | 2.61% | 3.21% | 5.41% | 5.44% | 4.41% | 4.87% | 4.71% | 5.15% | 5.52% |
| Public | 21.66% | 21.06% | 20.56% | 19.18% | 17.95% | 19.83% | 19.90% | 23.27% | 23.26% | 22.33% | 23.71% | 24.44% |
| Others | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% | 1.35% | 1.35% | 1.33% | 1.33% | 1.32% | 1.32% | 1.32% |
| No. of Shareholders | 76,242 | 81,524 | 75,335 | 75,740 | 97,869 | 1,25,894 | 1,26,954 | 1,50,647 | 1,60,487 | 1,46,728 | 1,51,337 | 1,57,641 |
Fundamentals
Market Cap₹ 10,679 Cr.
Current Price₹ 1,447
Stock P/E27.2
Book Value₹ 332
ROCE16.2 %
ROE15.5 %
Dividend Yield0.44 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)16%
Consolidated figures.
Valuation
Market capRs 10,426 Cr
Enterprise valueRs 10,960 Cr
P/E (TTM)26.60x
Price to book4.25x
Price to sales2.22x
EV / EBITDA20.36x
EV / EBIT22.20x
EV / sales2.33x
Price to cash flow61.59x
Earnings yield3.76%
Dividend yield0.45%
P/E, 3-year average32.60x
P/B, 3-year average6.24x
P/E, 5-year average26.03x
P/B, 5-year average6.02x
Profitability
Operating margin (excl. other income)10.29%
Operating margin (incl. other income)12.06%
EBITDA margin11.45%
Pre-tax margin9.86%
Net profit margin8.34%
Net margin, latest quarter7.21%
ROE16.76%
ROCE17.15%
ROA12.77%
ROE, 3-year average23.93%
ROCE, 3-year average22.38%
ROA, 3-year average15.00%
ROE, 5-year average31.10%
ROCE, 5-year average25.95%
ROA, 5-year average15.88%
ROIC (approx.)13.96%
Tax rate15.60%
Other income / net worth3.07%
Growth
Sales growth (latest year)10.25%
Profit growth (latest year)21.26%
Sales CAGR, 3 years15.05%
Sales CAGR, 5 years24.78%
Profit CAGR, 3 years23.50%
Profit CAGR, 5 years48.49%
Sales growth QoQ25.78%
Profit growth QoQ15.79%
Sales growth YoY (latest quarter)41.84%
Profit growth YoY (latest quarter)14.08%
Per share
EPS (TTM)Rs 53.10
EPS (latest year)Rs 51.32
EPS (latest quarter)Rs 14.41
EPS, 3-year averageRs 42.76
EPS, 5-year averageRs 35.52
Book value per shareRs 332.16
Sales per shareRs 636.84
Cash flow per shareRs 22.94
Free cash flow per shareRs -6.23
Dividend per share (latest year)Rs 6.35
Dividend per share, 3-year averageRs 5.97
Dividend per share, 5-year averageRs 5.05
Dividends
Dividend payout12.37%
Dividend payout, 3-year average14.13%
Dividend payout, 5-year average14.44%
Efficiency
Asset turnover1.25x
Fixed asset turnover4.54x
Inventory turnover3.49x
Inventory days105 days
Debtor days37 days
Debtors turnover9.90x
Creditor days7 days
Cash conversion cycle139 days
Working capital days82 days
Leverage
Total debtRs 736 Cr
Cash and bankRs 202 Cr
Net debtRs 534 Cr
Debt to equity0.30x
Net debt / EBITDA0.99x
Interest coverage16.35x
Current ratio (filing 2026-03-31)2.91x
Quick ratio (filing 2026-03-31)1.64x
Trade payables (filing 2026-03-31)Rs 67 Cr
Owners' fund to total sources71.75%
Debt to assets21.54%
Cash flow
Cash from Operating Activity (latest year)Rs 169 Cr
Cash from Investing Activity (latest year)Rs -361 Cr
Cash from Financing Activity (latest year)Rs 178 Cr
Net Cash Flow (latest year)Rs -14 Cr
Free cash flow (latest year)Rs -46 Cr
FCFE (approx.: FCF + change in debt)Rs 404 Cr
Cash from ops / profit, 5 years0.55x
Sales to cash flow25.20x
Statement figures
Net sales (TTM)Rs 4,700 Cr
Net sales (latest year)Rs 4,265 Cr
Sales (latest quarter)Rs 1,475 Cr
Operating profit excl. other income (latest year)Rs 439 Cr
Operating profit (latest quarter)Rs 110 Cr
Other income (TTM)Rs 94 Cr
EBITDA (TTM)Rs 538 Cr
PBDT (TTM)Rs 508 Cr
Profit before tax (TTM)Rs 464 Cr
Tax (latest year)Rs 70 Cr
Net profit (TTM)Rs 392 Cr
Net profit (latest year)Rs 379 Cr
Net profit (latest quarter)Rs 106 Cr
Depreciation (TTM)Rs 45 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 30 Cr
Cost of goods sold (latest year)Rs 3,569 Cr
Total expenditure (latest year)Rs 3,826 Cr
Total income (latest year)Rs 4,341 Cr
Share capitalRs 15 Cr
ReservesRs 2,437 Cr
Shareholders' fundsRs 2,452 Cr
Total assetsRs 3,417 Cr
Net blockRs 939 Cr
Capital work in progressRs 48 Cr
InvestmentsRs 413 Cr
ReceivablesRs 431 Cr
InventoryRs 1,023 Cr
Other liabilitiesRs 229 Cr
Shares outstanding (crore)7.38
Ownership
Promoter holding55.88% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 26.6 is at the 44th percentile of its own 9.4-year range
(median 27.7, low 9.3, high 75.7).
P/B 4.25 is at the 32th percentile (median 5.94).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | GRAVITA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.8% | -2.8% | -4.0 pts |
| 1 month | -20.7% | -6.8% | -13.9 pts |
| 3 months | -18.1% | -7.6% | -10.5 pts |
| 6 months | +7.2% | +0.4% | +6.8 pts |
| 1 year | -11.4% | -9.9% | -1.5 pts |
| 2 years | -41.6% | -13.6% | -28.0 pts |
| 3 years | +55.2% | +14.2% | +41.0 pts |
| 5 years | +614.2% | +27.9% | +586.3 pts |
49 mutual fund schemes hold about ₹401 Cr.
Over three months 47 bought more and 1 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Tata ELSS-Tax Saver Fund | 1.48% | 70 | +31% |
| UTI Small Cap Fund | 1.29% | 68 | +29% |
| Tata Multicap Fund | 1.18% | 42 | +30% |
| Tata Business Cycle Fund | 1.23% | 32 | +38% |
| 360 ONE Flexicap Fund | 1.31% | 29 | +11% |
| UTI Innovation Fund | 3.48% | 28 | +23% |
| Altiva Equity Ex-Top 100 Long-Short Fund | 2.87% | 27 | +42% |
| Tata Multi Asset Allocation Fund | 0.47% | 24 | +33% |
| JM Small Cap Fund | 1.30% | 12 | +29% |
| Nippon India Nifty Smallcap 250 Index Fund | 0.26% | 9 | +30% |
| Tata Dividend Yield Fund | 0.74% | 9 | +28% |
| JM Focused Fund | 2.73% | 8 | +21% |
| Tata Children's Fund | 1.90% | 6 | +36% |
| Helios Small Cap Fund | 0.40% | 6 | -3% |
| 360 ONE Balanced Hybrid Fund | 0.76% | 5 | +40% |
| SBI Nifty Smallcap 250 Index Fund | 0.26% | 5 | +30% |
| DSP Nifty Smallcap250 Quality 50 Index Fund | 1.45% | 5 | +28% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 0.26% | 3 | +30% |
| ICICI Pru Nifty Smallcap 250 Index Fund | 0.26% | 2 | +30% |
| HDFC NIFTY Smallcap 250 Index Fund | 0.26% | 2 | +30% |
| JM Multi Asset Allocation Fund | 0.78% | 1 | +100% |
| Nippon India Nifty 500 Equal Weight Index Fund | 0.20% | 1 | +26% |
| JioBlackRock Nifty Smallcap 250 Index Fund | 0.26% | 1 | +30% |
| Motilal Oswal Nifty 500 Index Fund | 0.03% | 1 | +31% |
| Motilal Oswal BSE Clean Environment Index Fund | 1.60% | 1 | +48% |
Red flags
F-score 4 of 8| explain | Receivables outrunning sales Receivables grew 57% vs sales +10% in 2026 |
| look | Inventory outrunning sales Inventory grew 66% vs sales +10% in 2026 |
| look | Regulator order or action Regulator order or action 2026-05-16: Gravita India Limited has informed the Exchange about Action(s) taken or orders passed |
| look | Auditor change Auditor change 2026-05-07: Gravita India Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,475 Cr +41.8% vs Jun 2025.
Net profit ₹106 Cr +14.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Lloyds Metals & Energy Ltd | 107,103 | 22.5 | 27.3 % |
| NMDC Ltd | 67,697 | 9.07 | 27.6 % |
| Gujarat Mineral Development Corporation Ltd | 16,320 | 28.6 | 10.8 % |
| MOIL Ltd | 4,964 | 16.4 | 12.4 % |
| Ashapura Minechem Ltd | 4,956 | 12.1 | 20.7 % |
| Orissa Minerals Development Company Ltd | 2,209 | 665 | 9.64 % |
| Petro Carbon & Chemicals Ltd | 1,087 | 43.3 | 14.1 % |
| 20 Microns Ltd | 752 | 11.0 | 17.3 % |
| NILE Ltd | 381 | 7.18 | 26.8 % |
| Goa Carbon Ltd | 373 | -4.91 % | |
| Asi Industries Ltd | 209 | 8.32 | 8.82 % |
| Southern Magnesium & Chemicals Ltd | 22 | 3.65 % | |
| Raw Edge Industrial Solutions Ltd | 15 | 37.0 | 1.97 % |
| Kachchh Minerals Ltd | 13 | -57.3 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2025-05-08 | Interim Dividend - Rs 6.35 Per Share | |
| 2024-09-11 | Annual General Meeting | |
| 2024-05-14 | Interim Dividend - Rs 5.20 Per Share | |
| 2023-09-04 | Dividend - Rs.4.35 Per Share | |
| 2023-09-04 | Annual General Meeting | |
| 2022-09-21 | Annual General Meeting | |
| 2022-02-08 | Interim Dividend - Rs 3 Per Share | |
| 2021-09-17 | Annual General Meeting | |
| 2021-02-08 | Interim Dividend - Rs 1.10 Per Share | |
| 2020-11-12 | Annual General Meeting | |
| 2020-03-05 | Interim Dividend - Rs 0.70 Per Share | |
| 2019-09-11 | Dividend - Rs 0.30 Per Share | |
| 2018-08-23 | Annual General Meeting/Dividend- Re 0.70 Per Share | |
| 2017-08-01 | Annual General Meeting/Dividend-Re 0.60 Per Share | |
| 2016-07-28 | Annual General Meeting/ Dividend - Re 0.20/- Per Share | |
| 2015-07-30 | Annual General Meeting/Dividend - Re 0.20/- Per Share | |
| 2014-07-24 | Annual General Meeting / Final Dividend - Re 0.50/- Per Share | |
| 2014-02-12 | Interim Dividend - Re 0.30/- Per Share | |
| 2013-07-22 | Annual General Meeting / Final Dividend - Re 0.30/- Per Share | |
| 2013-02-06 | Interim Dividend Re 0.30 Per Share | |
| 2012-09-05 | Interim Dividend Re.0.20 Per Share | |
| 2012-07-30 | Annual General Meeting And Dividend Re.0.60 Per Share | |
| 2012-05-25 | Face Value Split From Rs.10/- To Rs.2/- | 0.2000 |
| 2012-02-15 | Interim Dividend Re.1/- Per Share | |
| 2011-07-20 | Annual General Meeting And Dividend Rs.4/- Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2020-02-18 | CESTAT | GRAVITA INDIA LIMITED ---VS.--- JAIPUR I.. |
| 2017-09-01 | CESTAT | GRAVITA INDIA LTD ---VS.--- JAIPUR-I |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Gravita India Ltd?
Gravita India Ltd (GRAVITA) has a market capitalisation of Rs 10,679 Cr. at the 2026-10-01 close.
What is the P/E ratio of Gravita India Ltd?
Gravita India Ltd trades at a P/E of 27.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Gravita India Ltd's latest quarterly results?
In the Jun 2026 quarter, Gravita India Ltd sales was Rs 1,475 Cr (+41.8% vs Jun 2025) and net profit was Rs 106 Cr.
What is the 52-week high and low of Gravita India Ltd?
The 52-week high is Rs 1,913.60 and the 52-week low is Rs 1,266.90.