Latest news with #GravitaIndia
Business Standard
3 days ago
- Business
- Business Standard
Gravita India spurts after PAT climbs 37% YoY in Q1 FY26
Gravita India gained 3.18% to Rs 1,877.20 after the company's consolidated net profit jumped 36.9% to Rs 93.06 crore on 14.5% growth in revenue from operations to Rs 1,039.94 crore in Q1 FY26 over Q1 FY25. Profit before tax stood at Rs 115.93 crore in the June 2025 quarter, up 54.45% from Rs 75.06 crore in Q1 FY25. Total expenses rose 13.62% to Rs 954.07 crore during the quarter. The cost of materials consumed stood at Rs 838.02 crore (up 3.64% YoY), employee benefit expenses were Rs 44.51 crore (up 4.09% YoY), and finance cost stood at Rs 6.05 crore (down 53.32% YoY) during the period under review. EBITDA stood at Rs 111.70 crore in Q1 FY26, up 22.42% YoY. EBITDA margin improved 10.74% in Q1 FY26 from 10.05% in Q1 FY25. Yogesh Malhotra, whole-time director & CEO, Gravita India, said, Q1FY26 marked a strong start to the fiscal year, with Gravita delivering solid operational and financial performance across all key segments. Building on the record-setting momentum of FY25, the company remains firmly aligned with its VISION 2029 roadmapfocused on expanding the capacity across core segments (lead, aluminum, plastic, rubber, and turnkey solutions to 7LTPA+ by FY28) and scaling new verticals, including lithium-ion, paper, and steel. Gravita continues to target 25%+ volume CAGR, 35%+ profitability growth, and 25%+ ROIC, while progressively increasing the share of value-added products to over 50% and non-lead business to over 30%, all anchored by a deep commitment to ESG goals. In Q1FY26, Gravita achieved YoY growth of 12% in volumes, 15% in revenue, 22% in EBITDA, and 39% in PAT, with ROIC remaining healthy at 28%. Value-added product contribution grew by 47%, and domestic scrap sourcing also increased. Supported by regulatory catalysts, global operations, and an integrated supply chain, Gravita continues to drive forward with disciplined execution, a margin-accretive product mix, and a long-term focus on sustainable and profitable growth. Gravita India is a manufacturer of lead, lead alloys & lead products, aluminum alloys & plastic granules, and offers turnkey solutions for the recycling industry and consultancy.
Business Standard
3 days ago
- Business
- Business Standard
Gravita India consolidated net profit rises 38.51% in the June 2025 quarter
Sales rise 14.55% to Rs 1039.94 crore Net profit of Gravita India rose 38.51% to Rs 93.26 crore in the quarter ended June 2025 as against Rs 67.33 crore during the previous quarter ended June 2024. Sales rose 14.55% to Rs 1039.94 crore in the quarter ended June 2025 as against Rs 907.86 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1039.94907.86 15 OPM % 9.689.66 - PBDT 124.6481.58 53 PBT 115.9375.06 54 NP 93.2667.33 39
Mint
03-07-2025
- Business
- Mint
Multibagger recycling stock delivers 560% return in 3 years, 4000% in 5. Are you holding it?
Small cap multibagger stock in focus: Stock market investing is often seen as a journey of patience and strategy. Those who can spot potential in companies early on and hold onto their investments tend to be rewarded the most. Unlike the quick profits from short-term trading, long-term investors understand the value of sticking with companies that demonstrate strong fundamentals, growth prospects, and industry leadership. In this context, Gravita India is a stock that has rewarded its long-term shareholders with phenomenal returns by maintaining a steady upward trajectory year after year. The company is one of the largest lead recyclers in India in the organized lead recycling market. Despite a sharp pullback in recent months amid market volatility and profit booking, Gravita India' stock is still trading with a massive 560% gain over the last three years and a phenomenal 4000% gain over the past five years, making it one of the biggest wealth creators in the Indian stock market. Looking at the long-term horizon, the stock, from its 2013 low of ₹ 21, has gained 900% to trade at the current price of ₹ 1859 apiece. The stock has delivered positive returns every year since 2020, with CY21 emerging as the best year, during which it rallied 280%. Meanwhile, the company has successfully raised ₹ 1,000 crore via a Qualified Institutional Placement (QIP), earmarked for growth capex, working capital, and debt reduction. The company is expected to be a beneficiary of the government's latest regulation on battery waste management, as the same would result in strong double-digit volume growth for its India-led sales volume. Moreover, the company is implementing sizable capacity expansion plans for existing recycling verticals in India as well as in the overseas business. Focusing on diversifying into the new recycling vertical, i.e., rubber, steel, paper, e-waste, and lithium, is expected to stream new business avenues and would support achieving management's 2029 target of 25%+/35%+ revenue/PAT CAGR along with 25% RoCE. Domestic brokerage firm, Sharekhan has recently reinitiated coverage on Gravita India with a positive view, projecting a 26% upside from the current market price as the brokerage sets ₹ 2280 as the target price. The brokerage said the company offers a compelling play on regulatory tailwinds, capacity expansion, and strategic forays into new recycling verticals. With a strong track record and expected revenue/PAT CAGR of 27%/30% over FY25–FY27E, it believes Gravita is well-positioned to sustain growth. Government emphasis on circular economy initiatives and the company's goal to increase the share of non-lead and value-added products to 30%+/50%+ respectively could act as key re-rating catalysts. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
23-05-2025
- Business
- Time of India
Gravita India promoter pares 3.4% stake for Rs 498 crore
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction. According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38 per cent stake in Gravita India. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction . According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares , representing a 3.38 per cent stake in Gravita shares were sold at an average price of Rs 1,991.52 apiece, taking the transaction value to Rs 497.88 the latest transaction, Rajat Agarwal's holding in Gravita India slipped to 32.39 per cent from 35.77 per Motilal Oswal Asset Management Co picked up 7.33 lakh shares at an average price of Rs 1,991 per piece. This took the deal value to Rs 145.98 of the other buyers of Gravita India's shares could not be identified on the National Stock Exchange (NSE).On Friday, shares of Gravita India depreciated 4.55 per cent to close at Rs 1,954 apiece on the May 2023, Gravita India promoter Rajat Agarwal sold a 4.6 per cent stake in the company for Rs 181 a separate bulk deal on the NSE, Nippon India Mutual Fund purchased 19.5 lakh shares or 0.82 per cent stake in the Ramco Cements for Rs 195.98 shares were picked up at an average price of Rs 1,005.03 apiece on the of the sellers of the Ramco Cement's shares could not be ascertained on the scrip of the Ramco Cements rose 1.50 per cent to close at Rs 1,002.65 apiece on the NSE.
Time of India
13-05-2025
- Business
- Time of India
Metals Sector: A Promising Upsurge Amid Global Trade Thaw
Sector Performance and Outlook Metals have recently emerged as a significant beneficiary of the thaw in global trade, particularly following the ceasefire agreement between the US and China. This agreement has led to a surge in metals stocks, reflecting a positive sentiment in the market. The sector has shown resilience, bouncing back from a challenging year, and is now positioned for a promising trajectory as demand improves and supply chain bottlenecks ease. The sector's outlook remains positive, with analysts noting a shift from risk aversion to a growth-oriented mindset. This change is expected to bolster investments in domestic infrastructure projects and enhance international market access for metals companies. The potential for growth is underscored by the sector's upside potential, which ranges from 13% to 29%, indicating a robust opportunity for investors. As the global economy stabilizes, the metals sector is likely to capitalize on renewed foreign portfolio investments. The combination of improved demand and favorable trade agreements positions the sector as a long-term play for investors looking to benefit from the ongoing recovery in global markets. Top Companies Analysts Recommend Based on Upside Potential Company Name Current Price Recommendation Upside Potential Target Price Gravita India Rs. 1892.6 Strong Buy 29% Rs. 2440.00 National Aluminium Co Rs. 168.91 Buy 29% Rs. 218.00 Hindalco Industries Rs. 638.6 Buy 13% Rs. 736.00 Gravita India Gravita India is a global recycling company specializing in lead and aluminum processing, along with plastic manufacturing. The company operates multiple recycling facilities across India and several countries in Africa and Europe, focusing on sustainable practices in metal recovery. Live Events Analysts have rated Gravita India as a Strong Buy, with a target price of Rs. 2440.00, indicating an upside potential of 29%. The company has demonstrated impressive financial performance, with a year-on-year PAT growth of 37.91% and a sales growth of 22.4%. Over the past year, Gravita India has achieved a remarkable return of 108.38%, showcasing its strong market position and growth trajectory. Hindalco Industries Hindalco Industries is a leading player in the metals sector, primarily engaged in the manufacturing and distribution of aluminum and copper products. The company operates through various segments, including Novelis, Aluminium Upstream, Aluminium Downstream, and Copper, catering to a global market. With a stock score of 10, Hindalco is recommended as a Buy, with a target price of Rs. 736.00, reflecting an upside potential of 13%. Despite facing a slight decline in sales growth, the company has shown a remarkable PAT growth of 60.23% year-on-year. Hindalco's diversified operations and strong brand presence position it well for future growth, although it has experienced a modest return of 0.62% over the past year. National Aluminium National Aluminium Company is an integrated player in the bauxite-alumina-aluminum-power complex, with operations spanning bauxite mining, alumina refining, and aluminum smelting. The company is committed to sustainable practices and has a strong focus on renewable energy through its wind and solar power initiatives. Analysts recommend National Aluminium as a Buy, with a target price of Rs. 218.00, indicating a significant upside potential of 29%. The company has reported an impressive PAT growth of 232.83% year-on-year, despite a slight decline in sales. National Aluminium's strategic positioning and commitment to sustainability make it a compelling choice for investors looking to capitalize on the sector's growth.
