Gravita India Limited
Gravita India Limited operates in Industrial Minerals, part of the Metals & Mining sector. It booked ₹1,427 cr of revenue in its latest quarter (Q2 FY27) and kept 7.1% of sales as profit. It is the 4th largest of 9 Industrial Minerals companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Lead | 1,233 | 1,870 | 2,333 | 2,781 | 3,419 | 3,771 | 88% → 88% |
| Copper | — | — | — | — | — | 52 | 1% |
| Aluminium | 95 | 207 | 339 | 255 | 341 | 365 | 7% → 9% |
| Plastics | 77 | 131 | 105 | 78 | 84 | 70 | 5% → 2% |
| Turnkey Projects | 2 | 5 | 19 | 41 | 20 | 5 | 0% → 0% |
| Others | 1 | 2 | 5 | 6 | 4 | 3 | 0% → 0% |
| Total | 1,408 | 2,215 | 2,801 | 3,161 | 3,869 | 4,265 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 55% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 18–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 42
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in GRAVITA?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,427 cr |
| Other Income | ₹18 cr |
| Total Income | ₹1,445 cr |
| Cost of Materials | ₹1,259 cr |
| Purchases of Stock-in-Trade | ₹64 L |
| Inventory Change (±) | ₹-93 cr |
| Employee Benefit Expense | ₹54 cr |
| Finance Costs | ₹14 cr |
| Depreciation & Amortisation | ₹14 cr |
| Other Expenses | ₹73 cr |
| Total Expenses | ₹1,321 cr |
| Profit before Tax | ₹124 cr |
| Tax Expense | ₹22 cr |
| Net Profit | ₹102 cr |
| Net margin on total income | 7.1% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 1,173 cr | 1,475 cr | 1,427 cr |
| Total income | 1,182 cr | 1,523 cr | 1,445 cr |
| Expenses | 1,076 cr | 1,391 cr | 1,321 cr |
| Profit before tax | 106 cr | 131 cr | 124 cr |
| Tax | 14 cr | 25 cr | 22 cr |
| Net profit (owners' share) | 92 cr | 106 cr | 102 cr |
| Net margin (owners' share, on revenue) | 7.8% | 7.2% | 7.1% |
| EPS (₹) | 12.62 | 14.60 | 14.01 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Lloyds Metals And Energy Limited | ₹1,780 | ₹1.00 L cr | 14.5 | 49.8% | 23.5% | — |
| NMDC Limited | ₹68 | ₹59,960 cr | 7.6 | 23.2% | 29.1% | — |
| Gujarat Mineral Development Corporation Limited | ₹426 | ₹13,534 cr | 19.8 | 9.6% | 18.9% | — |
| Gravita India Limitedthis company | ₹1,400 | ₹10,334 cr | 25.0 | 15.4% | 7.1% | — |
| MOIL Limited | ₹203 | ₹4,823 cr | 23.4 | 7.3% | 19.2% | — |
| Ashapura Minechem Limited | ₹418 | ₹3,990 cr | 8.6 | 28.0% | 7.1% | — |
| The Orissa Minerals Development Company Limited | ₹3,175 | ₹1,905 cr | 138.1 | — | 12.1% | — |
| 20 Microns Limited | ₹175 | ₹617 cr | 11.3 | 10.7% | 5.7% | — |
| Goa Carbon Limited | ₹407 | ₹372 cr | — | -15.6% | -10.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹6.35 / share | 8 May 2025 |
| Dividend | ₹5.2 / share | 14 May 2024 |
| Dividend | ₹4.35 / share | 4 Sep 2023 |
| Dividend | ₹3 / share | 8 Feb 2022 |
| Dividend | ₹1.1 / share | 8 Feb 2021 |
| Dividend | ₹0.7 / share | 5 Mar 2020 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Mar 2026, the company says it has spent 9% of what it set aside, leaving ₹891 cr still to be spent. ICRA Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing