| Revenue growth | Flat YoY in Q3 at ₹1,017cr; 9M FY26 grew 9%. |
|---|---|
| Margins | EBITDA margins strong at 11.41%; lead margins ₹19-20/kg guided. |
| Demand visibility | Strong domestic scrap availability driven by BWMR and EPR frameworks. |
| Management confidence | High; confident in meeting FY2026 expansion and Vision 2029 targets. |
Growth
9M FY26: Revenue +9%, EBITDA +15%, PAT +32% YoY. Q3 PAT margins steady at 9.60%.
Outlook
Targeting 25% volume CAGR, 35% profit growth, and 7L MTPA capacity by FY28. Earmarked ₹1,225cr CAPEX.
Risks
Minor delays in Gujarat/Mundra capacity approvals; temporary aluminum scrap tightness due to high metal prices.
Last quarter's promises, checked
Delivered
- Guided lead EBITDA ₹19-20/kg → delivered ₹23,043/MT (= BEAT)
- Guided 25% revenue CAGR → delivered 5-year 25% CAGR (= BEAT)
- Guided 10% EBITDA margin → delivered 10.6% (= BEAT)
Partly delivered
- Guided 20-25% volume growth → delivered 5% YoY (= PARTIAL)
- Guided Vision 2029 non-lead mix 50% → delivered 42% (= PARTIAL)
Missed
- Guided aluminum EBITDA ₹14-15/kg → delivered ₹12,328/MT (= MISS)
- Guided Q4 Mundra/Jaipur capacity → delayed to Q1 FY27 (= MISS)
Earnings Call filed with NSE, NSE: GRAVITA. Summary written with AI assistance from the document.
Gravita India Ltd: key numbers
- Share price
- ₹1,528.00
- Market cap
- ₹11,278 Cr
- Revenue (annual)
- ₹4,265 Cr
- Net profit (annual)
- ₹378.8 Cr
- P/E (TTM)
- 28.3×Sector 17.1×
- Promoter holding
- 55.88%+0.00% QoQ
- FII holding
- 11.78%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Gravita India Ltd
All →Gravita India Other Announcement
Designated person Ravinder Singh sold 1,001 Gravita India shares in three market trades between 2 and 8 November 2026. Post-sale holding is 19,049 shares, about 0.03%.
Gravita India Earnings Call Transcript: Key Takeaways
Gravita delivered resilient H1 growth despite geopolitical scrap sourcing headwinds. Management pivots to higher-margin copper recycling and US expansion to mitigate supply chain disruptions.
- Call
- Guides 25% growth
Gravita India Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 1,427 Cr (+38% YoY), EBITDA Rs 143 Cr (+28%), PAT Rs 102 Cr (+6%); H1 revenue Rs 2,902 Cr. Copper entry via RMIL acquisition.
Gravita India Dividend
Gravita India fixes 3 November 2026 as the record date for determining members eligible for its FY2026-27 interim dividend. The letter gives no per-share amount.
Gravita India Q2 FY27 Results: Net Profit ₹102 Cr, Up 6.2% YoY
Gravita India Ltd reported revenue from operations of ₹1,427 Cr (+37.8% YoY) and net profit of ₹102 Cr (+6.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹102 Cr · +6.2% YoY
Gravita India Acquisition Worth ₹0.48 Cr
Gravita India acquires 100% of newly incorporated Gravita Recyclers USA Inc. for ₹0.48 Crore in cash. The target trades in scrap and scrap materials.
- Value
- ₹0.48 Cr