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Earnings Call

Gravita India Earnings Call: Key Takeaways

Gravita reported steady Q3FY26 performance with 9.6% PAT margins. Revenue remained flat YoY at ₹1,017cr, but PAT grew 32% to ₹97.67cr due to better margins.

Why this was an Alfa AlertNot a filter event. Performance was steady but management noted delays in expansion and revenue was flat YoY, matching general guidance.
Highlights
Revenue growth9% growth in 9M FY26; Q3 revenue flat YoY at ₹1,017cr.
MarginsEBITDA margins strong at 11.41%; guiding ₹19-20/kg for lead long-term.
Demand visibilityStrong domestic scrap availability driven by EPR and BWMR regulatory enforcement.
Management confidenceHigh confidence in meeting Vision 2029 targets and FY28 expansion plans.

Growth

9M FY26 Revenue, EBITDA, and PAT grew 9%, 15%, and 32% YoY respectively. Plastic volumes rose 55% QoQ.

Outlook

Targeting 7 lakh MTPA capacity by FY28; ₹1,225cr capex planned; volume CAGR guidance remains at 25%.

Risks

Delays in capacity licenses at Mundra/Phagi; scrap aggregators withholding material due to rising metal prices.

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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