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Earnings Call

Gravita India Earnings Call: Key Takeaways

Gravita reported consistent Q3FY26 performance with PAT rising 32% YoY to ₹97.67cr despite flat revenues. Strategy focuses on expanding from lead into plastic, aluminum, rubber, and lithium-ion recycling.

Why this was an Alfa AlertNot a filter event. Reported revenue and margins were in line with or slightly below long-term guidance; no 10% material beat on own guidance reported.
Highlights
Revenue growth9% YoY growth for 9M FY26.
MarginsEBITDA/MT: Lead ₹23k, Aluminum ₹14.2k, Plastic ₹10.4k.
Demand visibilityStrong; 90% capacity utilization in India; demand exceeds current production.
Management confidenceHigh; expecting licenses for Mundra and Phagi plants within Q4FY26.

Growth

9M FY26 YoY: Revenue up 9%, EBITDA up 15%, PAT up 32%. Q3 PAT margin healthy at 9.60%.

Outlook

Capex of ₹1,225cr through FY28 to double capacity to 7Lakh MTPA; targeting 25% volume CAGR and 35% profitability growth.

Risks

Delays in government licenses/approvals in Gujarat; scrap aggregators withholding aluminum material due to high 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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