| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
Revenue  | 28 | 20 | 25 | 22 | 15 | 17 | 3 | 13 | 10 | 2 | 22 |
| Expenses | 28 | 20 | 25 | 21 | 13 | 17 | 3 | 13 | 11 | 10 | 20 |
| EBITDA | -0 | -0 | 0 | 0 | 2 | 0 | -0 | 0 | -1 | -8 | 2 |
| Operating Profit % | -1 % | -3 % | -4 % | 1 % | -7 % | -1 % | -12 % | 1 % | -7 % | -345 % | 2 % |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -1 | -1 | 0 | 0 | 2 | -0 | -0 | 0 | -1 | -8 | 2 |
| Tax | 0 | -0 | 0 | 1 | 1 | -1 | -0 | 0 | 0 | -2 | 1 |
| Net Profit | -1 | -1 | 0 | -1 | 1 | 0 | -0 | 0 | -1 | -6 | 2 |
| EPS in ₹ | -0.71 | -0.59 | -0.04 | -0.76 | 1.13 | 0.36 | -0.32 | 0.09 | -1.11 | -6.85 | 1.70 |
Gravity
Gravity
15.18
+0.72
(4.98%)
Market Cap
13.65 Cr
PE Ratio
8.41
Volume
1,25,496.00
Day High - Low
15.18 - 14.47
52W High-Low
14.46 - 3.72
There are 2 new updates from the company1 day ago
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Key Fundamentals
Market Cap
13.65 Cr
EPS
-6.85
PE Ratio
8.41
PB Ratio
3.64
Book Value
3.97
EBITDA
-7.80
Dividend Yield
0.00 %
Industry
Textiles Sector
Textile Processing Return on Equity
-151.51
Debt to Equity
0.37
Actual
Company News
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Gravity (India) Limited Responds to Auditor Qualifications on September 2025 Quarterly Results
Nov 26, 2025
Nov 26, 2025Gravity (India) Limited provided management responses to six auditor qualifications in its Limited Review Report for the quarter ended September 30, 2025, including issues with Rs. 2,036.40 Lakhs income verification, non-compliance with accounting standards for gratuity and lease obligations, and delayed TDS deposits. The company stated it has initiated corrective measures and expects to complete compliance processes, while confirming receipt of delayed receivable confirmations and filing necessary forms for MOA amendments.
Gravity India Reports Qualified Financial Results with Auditor Concerns Over Income VerificationNov 13, 2025
Gravity India Limited reported revenue of ₹2,036.40 lakhs for the quarter ended September 30, 2025, but auditors issued a qualified opinion citing inability to verify receivables and non-compliance with accounting standards. The auditors raised concerns about trading activities not aligning with company objectives, missing gratuity provisions, and non-recognition of lease liabilities under IndAS requirements.
Gravity (India) Limited's board approved the sale of company property comprising land and factory building located at Survey No.10/1, Village Khutali, Khanvel, Dudhani Road, Silvassa, subject to shareholder approval. The board also scheduled the 38th Annual General Meeting for September 30, 2025, via video conference. Other key decisions include appointing CA Kamlesh Dave, DDM & Associates as statutory auditor for five years (2025-26 to 2029-30), regularizing appointments of four directors including Managing Director Manoj Kanhiyalal Ramavat, and approving changes to the company's object clause to expand business activities in IT services, software development, and electronic devices trading. The board also approved related party transactions and material related party transactions, both subject to shareholder approval.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
15.82 | #1 7,855.01 | -11.58 | #1 3,819.90 | -30.96 | -816 | 38.04 | 43.60 | |
606.10 | 2,749.88 | 13.28 | 2,296.90 | 7.85 | #1 197 | 27.13 | 38.10 | |
742.30 | 1,989.07 | 32.66 | 1,483.50 | 30.41 | 103 | -101.85 | 22.33 | |
21.18 | 1,177.78 | 33.58 | 854.10 | 13.83 | 14 | #1 286.05 | 31.31 | |
157.28 | 921.36 | 641.80 | 1,495.00 | 9.52 | 12 | -110.26 | 42.58 | |
373.30 | 907.83 | 26.69 | 701.70 | 22.61 | 41 | -173.24 | 36.86 | |
246.30 | 763.68 | 32.90 | 180.70 | 54.05 | 11 | 263.16 | 79.03 | |
58.65 | 589.84 | 15.15 | 349.40 | #1 62.29 | 45 | -76.53 | 36.84 | |
174.15 | 461.69 | #1 12.56 | 230.70 | 11.94 | 39 | -36.88 | 30.65 | |
109.75 | 425.24 | 41.15 | 336.70 | 37.82 | 9 | -45.24 | 53.05 |
Growth Rate
Revenue Growth
-77.67 %
Net Income Growth
520.00 %
Cash Flow Change
88.66 %
ROE
1,457.14 %
ROCE
1,869.29 %
EBITDA Margin (Avg.)
4,924.48 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 20 | 18 | 15 | 21 | 17 | 22 | 16 | 15 | 17 | 8 |
| Fixed Assets | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Current Assets | 15 | 14 | 12 | 19 | 15 | 19 | 13 | 13 | 14 | 3 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 15 | 13 | 19 | 15 | 19 | 13 | 13 | 14 | 5 |
| Total Liabilities | 20 | 18 | 15 | 21 | 17 | 22 | 16 | 15 | 17 | 8 |
| Current Liabilities | 1 | 4 | 2 | 10 | 4 | 9 | 3 | 4 | 5 | 3 |
| Non Current Liabilities | 8 | 4 | 2 | 2 | 2 | 2 | 2 | 0 | 1 | 1 |
| Total Equity | 11 | 11 | 11 | 10 | 11 | 11 | 11 | 11 | 10 | 4 |
| Reserve & Surplus | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | -5 |
| Share Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -0 | 0 | -0 | 0 | 1 | -0 | -1 | 0 | -0 | -0 |
| Investing Activities | 2 | 0 | 3 | -1 | 3 | -0 | 0 | 0 | -0 | -0 |
| Operating Activities | -2 | 4 | -1 | 1 | -1 | 0 | -1 | 0 | -1 | -0 |
| Financing Activities | 0 | -5 | -2 | 0 | 0 | -0 | -0 | 0 | 1 | -0 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 23.67 % | 23.67 % | 24.17 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 24.21 % | 23.37 % | 9.90 % | 5.99 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 66.54 % | 66.69 % | 66.16 % | 66.35 % | 66.96 % | 67.09 % | 60.72 % | 60.64 % | 60.45 % | 60.45 % | 60.54 % | 60.89 % | 61.22 % | 61.22 % | 67.65 % | 59.43 % | 59.09 % | 61.46 % | 62.09 % |
| Others | 9.79 % | 9.63 % | 9.67 % | 9.45 % | 8.83 % | 8.71 % | 15.07 % | 15.16 % | 15.34 % | 15.35 % | 15.26 % | 14.90 % | 14.58 % | 14.57 % | 8.15 % | 16.36 % | 17.54 % | 28.64 % | 31.92 % |
| No of Share Holders | 3,917 | 4,076 | 4,225 | 5,403 | 5,724 | 5,664 | 5,662 | 5,570 | 5,585 | 5,530 | 5,509 | 5,462 | 5,459 | 5,409 | 5,459 | 5,474 | 5,475 | 5,590 | 5,572 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 4.17 | 4.42 |
| 24 Oct 2024 |  Quarterly Result Announcement | NA | 24 Oct 2024 | 4.76 | 4.70 |
| 01 Feb 2025 | Quarterly Result Announcement | NA | 01 Feb 2025 | 4.83 | 4.39 |
| 23 Apr 2025 | Quarterly Result Announcement | NA | 23 Apr 2025 | 4.51 | 4.84 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 5.97 | 6.41 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 6.19 | 6.00 |
| 13 Nov 2025 | Quarterly Result Announcement | NA | 13 Nov 2025 | 7.25 | 6.68 |
Announcements
Announcement under Regulation 30 (LODR)-Change in Registered Office Address1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s1 day ago
1 day agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20182 days ago
2 days ago Shareholder Meeting / Postal Ballot-Scrutinizer"s Report4 days ago
4 days agoShareholder Meeting / Postal Ballot-Outcome of Postal_Ballot4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Change in Management5 days ago
5 days agoBoard Meeting Outcome for Outcome Of Board Meeting And Intimation Under Regulation 30 Of The SEBI (LODR) Regulations 20155 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Managing Director6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Statutory AuditorsDec 31, 2025
Dec 31, 2025Closure of Trading WindowDec 29, 2025
Dec 29, 2025Newspaper Advertisement Of Postal BallotDec 11, 2025
Dec 11, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotDec 10, 2025
Dec 10, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Monday 08Th December 2025Dec 08, 2025
Dec 08, 2025Board Meeting Intimation for Increase In Authorized Capital Of The Company And Change In Object Clause Of The Company.Dec 02, 2025
Dec 02, 2025Management View On Basis Of Qualification On Limited Review ReportNov 26, 2025
Nov 26, 2025Submission Of Advertising In Newspaper For Quarterly Result For Quarter Ended On 30.09.2025Nov 18, 2025
Nov 18, 2025Board Meeting Outcome for Outcome Of Board Meeting Of Gravity India Limited Held On 13.11.2025Nov 13, 2025
Nov 13, 2025Board Meeting Intimation for Intimation Of Board Meeting Dated 13.11.2025Nov 06, 2025
Nov 06, 2025Declaration Under Regulation 13(3) Of SEBI Regulations 2015Oct 21, 2025
Oct 21, 2025Declaration Of Non-Applicability Of Report On Corporate Governance Under Regulation 27(2)Oct 21, 2025
Oct 21, 2025Reg. 34 (1) Annual Report.Oct 12, 2025
Oct 12, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 12, 2025
Oct 12, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 02, 2025
Oct 02, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Sep 30, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Corrigendum To Notice Served On 04Th September 2025 For 38Th Annual General Meeting Of Gravity India Limited To Be Held On 30Th September 2025Sep 22, 2025
Sep 22, 2025Intimation Regarding Newspaper Advertisement Of Notice Of 38Th AGM Of Gravity India LimitedSep 17, 2025
Sep 17, 2025Intimation Of Lanching Of New Website For Gravity India LimitedSep 17, 2025
Sep 17, 2025Revision Of Outcome Of Board Meeting Dated 04.09.2025Sep 04, 2025
Sep 04, 2025Submission Of Annual Report - 2024-25Sep 04, 2025
Sep 04, 2025Intimation Letter For Book Closure And Record Date For 38Th Annual General Meeting Of The Company To Be Held On 30Th September 2025Sep 04, 2025
Sep 04, 2025Intimation For Remote E-Voting Facility For 38Th Annual General Meeting To Be Held On 30Th September 2025 .Sep 04, 2025
Sep 04, 2025Intimation Of Holding 38Th AGM Of Gravity India Limited On 30Th September 2025 At 01:00 P.M.Sep 04, 2025
Sep 04, 2025Board Meeting Outcome for Outcome Of Board Meeting Of Gravity India Limited Held TodaySep 04, 2025
Sep 04, 2025ADDENDUM/ CLARIFICATION LETTER ON OUTCOME SUBMITTED FOR BOARD MEETING HELD ON 13.08.2025Sep 04, 2025
Sep 04, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 25, 2025
Aug 25, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 25, 2025
Aug 25, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 25, 2025
Aug 25, 2025Disclosure Under Regulation 7(2) Read With Regulation 6(2) - Continual Disclosure Of SEBI (Prohibition Of Insider Trading) Regulations 2015 - Rasiklal ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation 2011 - Rasiklal ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 7(2) Read With Regulation 6(2) - Continual Disclosure Of SEBI (Prohibition Of Insider Trading) Regulations 2015 - Dakshaben ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation 2011 - Dakshaben ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 7(2) Read With Regulation 6(2) - Continual Disclosure Of SEBI (Prohibition Of Insider Trading) Regulations 2015 - Varunbhai ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation 2011 - Varunbhai ThakkarAug 23, 2025
Aug 23, 2025Disclosure Under Regulation 7(2) Read With Regulation 6(2) - Continual Disclosure Of SEBI (Prohibition Of Insider Trading) Regulations 2015 - Varunbhai ThakkarAug 22, 2025
Aug 22, 2025Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation 2011 - Varunbhai ThakkarAug 22, 2025
Aug 22, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 22, 2025
Aug 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 16, 2025
Aug 16, 2025Technical Indicators
RSI(14)
Overbought 82.27
ATR(14)
Less Volatile 0.71
STOCH(9,6)
Overbought 94.34
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 0.17
ADX(14)
Strong Trend 46.64
UO(9)
Bearish 80.82
ROC(12)
Uptrend And Accelerating 27.96
WillR(14)
Overbought 0.00
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