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Earnings Call

Gravita India Earnings Call: Key Takeaways

Gravita reported consistent Q3FY26 performance with 9M growth of 9% revenue, 15% EBITDA, and 32% PAT. Strategy focuses on diversifying into lithium-ion, steel, and paper recycling by FY2028.

Highlights
Revenue growth9M FY26 revenue up 9% YoY; Q3 flat at ₹1,017cr.
MarginsEBITDA/MT: Lead ₹23,000, Aluminum ₹14,215, Plastic ₹10,462. Margins steady at 11.4%.
Demand visibilityStrong domestic scrap availability driven by BWMR and EPR regulatory frameworks.
Management confidenceHigh confidence in meeting Vision 2029 targets despite minor regulatory delays.

Growth

Q3 revenue flat at ₹1,017cr; Adjusted EBITDA ₹116cr (up 13% YoY); PAT ₹97.67cr (up 32% YoY) with 9.6% margins.

Outlook

Targeting ₹1,225cr total CAPEX through FY28 to reach 7L+ MTPA capacity. Reconfirmed 25% volume CAGR and 35% profitability growth targets.

Risks

Delays in capacity licenses due to administrative bottlenecks; aluminum volumes declined due to scrap aggregator withholding and 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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