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Earnings Call

Gravita India Earnings Call: Key Takeaways

Gravita reported consistent 3QFY26 performance with 32% PAT growth. Strategy focuses on capacity expansion to 7L MTPA by FY28 across lead, plastic, aluminum, and new segments.

Why this was an Alfa AlertNot a filter event. Results and margins (₹23/kg vs ₹19-20/kg guidance) are positive but do not meet the 5% material beat threshold against specific prior guidance.
Highlights
Revenue growth9% growth in 9M FY26; Q3 flat at ₹1,017cr.
MarginsEBITDA/MT: Lead ₹23k, Aluminum ₹14.2k, Plastic ₹10.4k. Stable margins expected.
Order bookLong-term tie-ups with major OEMs and traders like Glencore.
Demand visibilityStrong demand from Southeast Asian OEMs; expanding domestic scrap availability.
Management confidenceHigh confidence in meeting Vision 2029 targets and FY28 capacity.

Growth

9M FY26 revenue up 9%, EBITDA 15%, and PAT 32% YoY. Q3 revenue flat at ₹1,017cr.

Outlook

Targeting 25% volume CAGR and ₹1,225cr CAPEX through FY28. Entry into Li-ion, paper, and steel recycling.

Risks

Delays in government licenses for Mundra/Phagi plants; scrap aggregators withholding material due to price volatility.

Source

Earnings Call filed with NSE, NSE: GRAVITA. Summary written with AI assistance from the document.

Read the document ↗

Gravita India Ltd: key numbers

Share price
₹1,495.40
Market cap
₹11,037 Cr
Revenue (annual)
₹4,265 Cr
Net profit (annual)
₹378.8 Cr
P/E (TTM)
28.2×Sector 19.0×
Promoter holding
55.88%+0.00% QoQ
FII holding
12.86%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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