Gravita India Ltd

Gravita India announced that the Board of Directors of the Company at its meeting held on 2 May 2025, inter alia, have recommended the interim dividend of Rs 6.35 per equity Share (i.e. 317.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Gravita India rose 37.91% to Rs 95.13 crore in the quarter ended March 2025 as against Rs 68.98 crore during the previous quarter ended March 2024. Sales rose 20.11% to Rs 1037.07 crore in the quarter ended March 2025 as against Rs 863.41 crore during the previous quarter ended March 2024. For the full year,net profit rose 30.60% to Rs 312.39 crore in the year ended March 2025 as against Rs 239.19 crore during the previous year ended March 2024. Sales rose 22.40% to Rs 3868.77 crore in the year ended March 2025 as against Rs 3160.75 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1037.07863.41 20 3868.773160.75 22 OPM %8.898.36 -8.388.97 - PBDT122.3284.70 44 392.55312.14 26 PBT114.5772.22 59 363.46274.15 33 NP95.1368.98 38 312.39239.19 31 Powered by Capital Market - Live

Gravita India will hold a meeting of the Board of Directors of the Company on 2 May 2025.Powered by Capital Market - Live

Sarda Energy & Minerals Ltd, Atul Ltd, Welspun Living Ltd, CCL Products (India) Ltd are among the other stocks to see a surge in volumes on NSE today, 11 April 2025.Gravita India Ltd registered volume of 29.08 lakh shares by 14:14 IST on NSE, a 15.05 fold spurt over two-week average daily volume of 1.93 lakh shares. The stock rose 11.77% to Rs.1,780.50. Volumes stood at 75350 shares in the last session.Sarda Energy & Minerals Ltd registered volume of 128.94 lakh shares by 14:14 IST on NSE, a 11.82 fold spurt over two-week average daily volume of 10.91 lakh shares. The stock rose 12.26% to Rs.469.90. Volumes stood at 10.47 lakh shares in the last session.Atul Ltd saw volume of 4.62 lakh shares by 14:14 IST on NSE, a 9.92 fold spurt over two-week average daily volume of 46525 shares. The stock increased 12.59% to Rs.5,851.00. Volumes stood at 1.06 lakh shares in the last session.Welspun Living Ltd notched up volume of 150.2 lakh shares by 14:14 IST on NSE, a 4.17 fold spurt over two-week average daily volume of 35.99 lakh shares. The stock rose 7.60% to Rs.122.09. Volumes stood at 26.47 lakh shares in the last session.CCL Products (India) Ltd recorded volume of 8.28 lakh shares by 14:14 IST on NSE, a 4.09 times surge over two-week average daily volume of 2.03 lakh shares. The stock gained 4.73% to Rs.600.95. Volumes stood at 1.13 lakh shares in the last session.Powered by Capital Market - Live

Aurionpro Solutions Ltd, Sarda Energy & Minerals Ltd, Inox Green Energy Services Ltd and Garware Hi Tech Films Ltd are among the other gainers in the BSE's 'A' group today, 11 April 2025.Gravita India Ltd soared 11.71% to Rs 1778.15 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 27235 shares were traded on the counter so far as against the average daily volumes of 17059 shares in the past one month. Aurionpro Solutions Ltd surged 11.56% to Rs 1525. The stock was the second biggest gainer in 'A' group. On the BSE, 2974 shares were traded on the counter so far as against the average daily volumes of 6691 shares in the past one month. Sarda Energy & Minerals Ltd spiked 10.82% to Rs 464.5. The stock was the third biggest gainer in 'A' group. On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 82841 shares in the past one month. Inox Green Energy Services Ltd jumped 10.08% to Rs 115.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 1.55 lakh shares in the past one month. Garware Hi Tech Films Ltd gained 10.00% to Rs 2654.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 6332 shares were traded on the counter so far as against the average daily volumes of 11444 shares in the past one month. Powered by Capital Market - Live

Gravita India announced that its wholly owned subsidiary, Gravita Ghana has been voluntarily dissolved. Powered by Capital Market - Live

Gravita India has received credit ratings from India Ratings and Research as under: Fund based / non fund based working capital limit (Rs 100 crore) - IND AA-/Stable/ IND A1+ Proposed short term loans (Rs 50 crore) - IND A1+Powered by Capital Market - Live

KPI Green Energy Ltd, Jai Corp Ltd, Vardhman Textiles Ltd and Ramkrishna Forgings Ltd are among the other losers in the BSE's 'A' group today, 23 January 2025.Gravita India Ltd lost 5.20% to Rs 2061.05 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 32939 shares were traded on the counter so far as against the average daily volumes of 13114 shares in the past one month.KPI Green Energy Ltd tumbled 4.99% to Rs 370.2. The stock was the second biggest loser in 'A' group.On the BSE, 4.51 lakh shares were traded on the counter so far as against the average daily volumes of 1.28 lakh shares in the past one month.Jai Corp Ltd crashed 4.79% to Rs 138.1. The stock was the third biggest loser in 'A' group.On the BSE, 2.07 lakh shares were traded on the counter so far as against the average daily volumes of 2.71 lakh shares in the past one month.Vardhman Textiles Ltd corrected 4.65% to Rs 458.15. The stock was the fourth biggest loser in 'A' group.On the BSE, 25073 shares were traded on the counter so far as against the average daily volumes of 16146 shares in the past one month.Ramkrishna Forgings Ltd dropped 4.11% to Rs 859.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 31103 shares were traded on the counter so far as against the average daily volumes of 47839 shares in the past one month.Powered by Capital Market - Live

Profit before tax stood at Rs 80.11 crore in the December 2024 quarter, up 20.79% from Rs 73.77 crore in Q3 FY24. Total expenses advanced 35.2% to Rs 915.69 crore during the quarter. The cost of material consumed stood at Rs 798.94 crore (up 29.3% YoY), employee benefit expenses stood at Rs 33.88 crore (up 1.3%), and finance cost was at Rs 18.97 crore (down 1.23% YoY) during the period under review. EBITDA stood at Rs 102.27 crore in Q3 FY25, registering growth of 14.03% from Rs 89.68 crore posted in Q3 FY24. EBITDA margin reduced to 10.26% in Q3 FY25 as against 11.83% recorded in the corresponding quarter previous year. Yogesh Malhotra, whole-time director & CEO, Gravita India, said, 'Gravita has delivered exceptional performance in the first nine months of FY25 and is progressing strongly towards achieving its vision 2028. This vision includes expanding capacities across both existing and new verticals, with an expected compound annual growth rate (CAGR) of 25%+ in volume and 35%+ in profitability. The company also aims for a return on invested capital (ROIC) of 25%+, value-added products to contribute over 50% of the total portfolio, and non-lead business to account for 30%+ of the revenue. Furthermore, I am pleased to announce that Gravita has successfully raised Rs 1,000 crore through a Qualified Institutional Placement (QIP).' These funds will be strategically utilized to drive the company's vision of becoming a global leader and one of the most valuable companies in the recycling industry. Coming to Q3FY25 performance, Gravita achieved significant growth across key metrics, with volumes, revenues, EBITDA, and PAT increasing by 33%, 31%, 14%, and 29%, on YoY basis respectively. Proportion of Valueadded products and availability of domestic scrap continues to increase. Gravita is well-positioned for growth due to its strategic focus on ambitious capex and capacity expansion, global operations, and an integrated supply chain. The company benefits from stringent regulatory compliance, operational excellence, and a focus on high-margin products. Proactive risk mitigation through hedging, an experienced management team, and strong stakeholder support further bolster its growth prospects. Gravita India is a manufacturer of lead, lead alloys & lead products, aluminium alloys & plastic granules, and offers turnkey solutions for the recycling industry and consultancy. Powered by Capital Market - Live

Net profit of Gravita India rose 29.30% to Rs 77.93 crore in the quarter ended December 2024 as against Rs 60.27 crore during the previous quarter ended December 2023. Sales rose 31.49% to Rs 996.42 crore in the quarter ended December 2024 as against Rs 757.77 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales996.42757.77 31 OPM %8.1010.60 - PBDT96.7582.79 17 PBT89.1173.77 21 NP77.9360.27 29 Powered by Capital Market - Live