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Earnings Call

Gravita India Earnings Call: Key Takeaways

Gravita reported consistent Q3FY26 performance with 32% PAT growth despite flat revenue. Focus remains on expanding recycling verticals into rubber, lithium-ion, and steel while targeting a larger diversified platform.

Highlights
Revenue growthFlat YoY and QoQ in Q3.
MarginsPAT margin at 9.60%; EBITDA/MT: Lead ₹23k, Aluminum ₹14.2k, Plastic ₹10.4k.
Demand visibilityStrong domestic scrap availability driven by BWMR and EPR enforcement.
Management confidenceConfident in meeting FY26 targets despite temporary regulatory delays.

Growth

9M FY26: Revenue +9%, EBITDA +15%, PAT +32% YoY. Q3 revenue flat at ₹1,017cr.

Outlook

Targeting 7 lakh MTPA capacity by FY28; ₹1,225cr total CAPEX through FY28; guidance of 30-35% bottom-line growth.

Risks

Regulatory delays in license approvals; scrap aggregators withholding material due to price volatility; aluminum volumes declined.

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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