Gravita India Ltd
GRAVITAGravita India Ltd
GRAVITAPrice Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
53.64 | 16.94 | 0.25% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.00 | 3.52 | 1.32% |
Forecast & Ratings
Detailed Forecast from 7 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Gravita India Limited is engaged in manufacturing of lead. The Company's segments include manufacturing, turnkey projects and trading.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
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Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 435.40 | 657.47 | 1,018.99 | 1,247.18 | 1,348.79 | 1,416.92 | 2,223.71 | 2,893.68 | 3,238.56 | 3,544.02 | ||||||||||
Raw Materials | 349.87 | 519.38 | 852.76 | 1,023.13 | 1,114.82 | 1,214.89 | 1,798.12 | 2,316.19 | 2,572.29 | 3,152.77 | ||||||||||
Power & Fuel Cost | 3.71 | 5.05 | 8.27 | 10.83 | 13.37 | 14.49 | 16.77 | 17.80 | 23.98 | |||||||||||
Employee Cost | 24.58 | 35.81 | 52.06 | 63.47 | 65.94 | 72.90 | 102.75 | 133.56 | 131.24 | |||||||||||
Selling & Administrative Expenses | 18.65 | 14.05 | 21.77 | 22.25 | 16.23 | 19.15 | 30.78 | 39.39 | 39.72 | |||||||||||
Operating & Other expenses | 17.14 | 23.22 | -9.06 | 60.19 | 41.94 | -26.68 | 52.10 | 91.69 | 107.43 | |||||||||||
EBITDA | 21.45 | 59.96 | 93.19 | 67.31 | 96.49 | 122.17 | 223.19 | 295.05 | 363.90 | 391.25 | ||||||||||
Depreciation/Amortization | 6.71 | 5.85 | 8.69 | 11.56 | 18.13 | 20.30 | 20.56 | 23.96 | 37.99 | 35.20 | ||||||||||
PBIT | 14.74 | 54.11 | 84.50 | 55.75 | 78.36 | 101.87 | 202.63 | 271.09 | 325.91 | 356.05 | ||||||||||
Interest & Other Items | 8.78 | 10.58 | 20.32 | 26.16 | 31.43 | 30.97 | 37.99 | 43.50 | 51.76 | 50.28 | ||||||||||
PBT | 5.96 | 43.53 | 64.18 | 29.59 | 46.93 | 70.90 | 164.64 | 227.59 | 274.15 | 305.77 | ||||||||||
Taxes & Other Items | 1.59 | 10.82 | 20.10 | 14.10 | 13.75 | 18.43 | 25.25 | 26.49 | 34.96 | 37.19 | ||||||||||
Net Income | 4.37 | 32.71 | 44.08 | 15.49 | 33.18 | 52.47 | 139.39 | 201.10 | 239.19 | 268.58 | ||||||||||
EPS | 0.64 | 4.78 | 6.43 | 2.25 | 4.82 | 7.60 | 20.19 | 29.13 | 34.65 | 38.90 | ||||||||||
DPS | 0.20 | 0.60 | 0.70 | 0.30 | 0.70 | 1.10 | 3.00 | 4.35 | 5.20 | 5.20 | ||||||||||
Payout ratio | 0.31 | 0.13 | 0.11 | 0.13 | 0.15 | 0.14 | 0.15 | 0.15 | 0.15 | 0.13 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
MaterialsMetals - Lead
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Gravita India Ltd | 60.23 | 16.94 | 0.25% |
Pondy Oxides and Chemicals Ltd | 72.80 | 6.50 | 0.27% |
Nile Ltd | 18.87 | 2.56 | 0.15% |
Price Comparison
Compare GRAVITA with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 3.11%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Gravita India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Tata ELSS Tax Saver Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5757% | Percentage of the fund’s portfolio invested in the stock 1.77% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/62 (+15) |
Tata Multicap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3023% | Percentage of the fund’s portfolio invested in the stock 1.35% | Change in the portfolio weight of the stock over the last 3 months 0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 28/79 (+18) |
UTI Small Cap Fund - Direct Growth Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1930% | Percentage of the fund’s portfolio invested in the stock 0.60% | Change in the portfolio weight of the stock over the last 3 months 0.60% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 93/98 (+3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
GRAVITA has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.25%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.49 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 14, 2024
Dividend/Share
₹5.20
Ex DateEx Date
May 14, 2024
Cash Dividend
Ex DateEx DateSep 4, 2023
Dividend/Share
₹4.35
Ex DateEx Date
Sep 4, 2023
Cash Dividend
Ex DateEx DateFeb 8, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Feb 8, 2022
Cash Dividend
Ex DateEx DateFeb 8, 2021
Dividend/Share
₹1.10
Ex DateEx Date
Feb 8, 2021
Cash Dividend
Ex DateEx DateMar 5, 2020
Dividend/Share
₹0.70
Ex DateEx Date
Mar 5, 2020
The Board of Directors of Navam Lanka, Sri Lanka, a step-down subsidiary of the company in which Gravita Group through Gravita Netherlands B.V. is holding 52% of its share capital (herein after 'NLL' ) has completed the repurchase/buyback of 2,29,087 shares from its existing shareholders representing 25.56% of its total stated capital. The price per share for buyback was LKR 3,530 per share and total buyback value is approx. Rs 23.00 crore which will be paid to shareholders from the reserves and surplus of Navam Lanka. Further Gravita Netherlands B.V., a step-down subsidiary of the company and one of the shareholder of Navam Lanka has not participated in the said buyback and 2,29,087 shares have been tendered by other shareholders in the buyback. Now, consequent to repurchase/buyback of 2,29,087 shares of Navam Lanka, the shareholding of Gravita Netherlands BV has increased from 52% to 69.85%.Powered by Capital Market - Live
Net profit of Gravita India rose 24.44% to Rs 72.00 crore in the quarter ended September 2024 as against Rs 57.86 crore during the previous quarter ended September 2023. Sales rose 10.91% to Rs 927.42 crore in the quarter ended September 2024 as against Rs 836.18 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales927.42836.18 11 OPM %6.858.68 - PBDT91.9075.57 22 PBT84.7267.00 26 NP72.0057.86 24 Powered by Capital Market - Live
Gravita India will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live
The Board of Gravita India at its meeting held on 04 October 2024 has approved the appointment of Sunil Kansal (DIN: 09208705), as Whole Time Director of the Company w.e.f. 04 October 2024. The Board also approved change in designation of Rajat Agrawal (DIN: 00855284) from Managing Director to Chairman cum Managing Director w.e.f. 05 October 2024. The Board has accepted the resignation of Dr. Mahavir Prasad Agarwal (DIN: 00188179), as Chairman and Whole Time Director of the Company w.e.f. 05 October 2024.Powered by Capital Market - Live
The Board of Gravita India at its meeting held on 04 October 2024 has approved fund raising up to Rs 1,000 crore by issuance of securities. Powered by Capital Market - Live
Gravita India announced that step down subsidiary of company Gravita Netherlands BV (herein after GNBV) has executed a Memorandum of Understanding (MOU) to acquire a Waste Tyre Recycling plant in Romania from an existing entity based out in Romania having a capacity of approx. 17,000 MTPA . This will be Gravita's 1st recycling facility in Europe. This acquisition will be done by forming a separate SPV in Romania in which GNBV will be holding 80% of equity with management control in the said SPV and remaining equity will be held by other partners based in Romania. Further, total investment in this transaction will be approx. Rs. 40Â crore and GNBV will be investing approx. Rs. 32Â crore towards its contribution subject to in depth Financial. Environmental and Legal Due Diligence. GNBV also aims to expand its recycling business operations across the European market, leveraging new market opportunities and establishing strategic partnerships to drive growth. This acquisition will enhance our presence, increase our customer base, and strengthen our competitive edge in the European market. The company is already having similar rubber recycling facilities Senegal, Togo, Ghana and Tanzania. This is in alignment with the company's vision of Diversification and expansion plan of replicating our recycling business in different geographies. Powered by Capital Market - Live
Gravita India announced that the Annual General Meeting (AGM) of the company will be held on 18 September 2024.Powered by Capital Market - Live
Mazagon Dock Shipbuilders Ltd, Garden Reach Shipbuilders & Engineers Ltd, Firstsource Solutions Ltd and Triveni Engineering and Industries Ltd are among the other losers in the BSE's 'A' group today, 20 August 2024.Gravita India Ltd crashed 10.17% to Rs 2140 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.05 lakh shares were traded on the counter so far as against the average daily volumes of 60479 shares in the past one month.Mazagon Dock Shipbuilders Ltd tumbled 8.55% to Rs 4318.65. The stock was the second biggest loser in 'A' group.On the BSE, 3.25 lakh shares were traded on the counter so far as against the average daily volumes of 1.68 lakh shares in the past one month.Garden Reach Shipbuilders & Engineers Ltd lost 7.48% to Rs 1777.45. The stock was the third biggest loser in 'A' group.On the BSE, 1.61 lakh shares were traded on the counter so far as against the average daily volumes of 1.2 lakh shares in the past one month.Firstsource Solutions Ltd plummeted 4.43% to Rs 322.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 7.66 lakh shares were traded on the counter so far as against the average daily volumes of 5.76 lakh shares in the past one month.Triveni Engineering and Industries Ltd shed 4.21% to Rs 445.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.5 lakh shares were traded on the counter so far as against the average daily volumes of 73399 shares in the past one month.Powered by Capital Market - Live
Stock market update: Stocks that hit 52-week highs on NSE
Gravita India Q1 Results Review - Better-Than-Expected Earnings; Capex Plan On Track: ICICI Securities
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.03%, vs industry avg of 17.52%
Decreasing Market Share
Over the last 5 years, market share decreased from 68.58% to 57.61%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 72.88%, vs industry avg of 57.37%