Gravita India has established itself as a global leader in sustainable recycling and manufacturing, with a commitment to eco-friendly practices and technological innovation. Founded with a vision to redefine recycling and resource management, Gravita India has grown exponentially, setting new benchmarks for sustainability and industrial growth.
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The Genesis of Gravita India
From its inception in 1992, Gravita India aimed to bridge the gap between sustainable recycling and high-quality manufacturing. Over the years, the company has expanded its operations across multiple countries, driven by a mission to transform waste into valuable resources through advanced recycling technologies.
Milestones and Achievements
Gravita India’s growth journey is marked by significant milestones:
- Global Expansion: Establishing recycling facilities and supply networks across Asia, Africa, and Europe.
- Innovation in Recycling: Pioneering advanced recycling technologies to process Lead Recycling, Aluminum Processing, and Plastic Granule Production in an eco-friendly manner.
- Sustainability Leadership: Adopting green energy solutions and zero-waste manufacturing to minimize its carbon footprint.
- Industry Recognition: Earning accolades and certifications for sustainable practices and industry leadership.
Innovations Driving Growth
Gravita India’s commitment to innovation is evident in its state-of-the-art recycling plants and sustainable production methods. The company invests heavily in research and development, ensuring its products meet international quality standards while adhering to environmentally friendly processes.
The company’s recycling plants are equipped with advanced machinery for:
These facilities are designed to maximize output while minimizing environmental impact, reinforcing Gravita India’s role as a responsible global manufacturer.
Global Presence and Market Leadership
Gravita India has successfully established a global footprint, with operations spanning key markets in Europe, Africa, and Asia. Its products are recognized for their quality and sustainability, making Gravita India a trusted partner for industries worldwide.
Financial Performance & Market Momentum
Gravita India has demonstrated robust financial growth, reflecting its strategic initiatives and commitment to sustainability.
FY2023–24 Highlights
- Revenue: ₹3,869 crore, marking a 38% year-over-year increase.
- Net Profit: ₹313 crore, up by 56% compared to the previous fiscal year.
- EBITDA: ₹324 crore, with an EBITDA margin of 8.38%.
- Return on Capital Employed (ROCE): 21.6%, indicating efficient capital utilization.
- Debt-to-Equity Ratio: Reduced to 0.14, showcasing a strong balance sheet.
- Operating Cash Flow: ₹200 crore, supporting ongoing investments and operations.
Stock Market Performance
- Current Share Price: Approximately ₹1,833 as of May 8, 2025.
- 52-Week Range: ₹885 – ₹2,700, reflecting significant investor interest.
- Market Capitalization: ₹13,529 crore, highlighting the company’s substantial market presence.
- Earnings Per Share (EPS): ₹42.32, indicating strong profitability.
- Price-to-Earnings (P/E) Ratio: 43.3, aligning with industry standards.
- Dividend Yield: 0.35%, providing returns to shareholders.
- Interim Dividend: ₹6.35 declared on May 8, 2025.
Gravita India’s stock remains a strong choice for investors, with analysts like ICICI Securities, Motilal Oswal, and Emkay Global Financial setting target prices up to ₹2,670, showcasing market confidence.
Financial Strength and Market Standing
- Promoter Holding: 59.27% as of March 2025.
- Book Value Per Share: ₹125.76.
- Debt-to-Equity Ratio: 0.14, reflecting financial stability.
- Dividend Payout: Regular dividends with a recent payout of ₹6.35.
- Piotroski Score: High, indicating strong financial health.
Gravita India has consistently delivered growth, with a 49.2% CAGR over the last 5 years. The company maintains a return on equity (ROE) of 21.5% and has significantly reduced debt over the years, demonstrating strong financial discipline and effective capital utilization.
Key Products and Specializations
Gravita India’s expertise spans four specialized verticals:
- Lead Recycling (Flagship): Lead alloys, lead sheets, lead bricks, red lead, lead oxide.
- Aluminum Recycling: Customized aluminium alloys.
- Plastic Recycling: Plastic granules, PET flakes (food grade).
- Turnkey Projects: Solutions for setting up recycling plants and resource management.
The company also recycles used batteries, cable scrap, aluminum scrap, and plastic scrap, contributing significantly to environmental conservation.
Future Vision
As Gravita India looks to the future, its focus remains on expanding its global presence while maintaining its commitment to sustainable recycling. With plans to open new recycling facilities and adopt even more eco-friendly technologies, Gravita India is poised to lead the recycling industry into a greener, more sustainable era.
If you want to learn more about Gravita India’s journey and its sustainable practices, visit Gravita India.