Gravita India Limited has announced a significant capacity expansion at its lead recycling unit situated at Phagi, Jaipur, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, made on 08th May, 2026, outlines the company's plan to increase the capacity of its existing facility, which is currently operating at close to full utilization.

Capacity Expansion Details

The company has filed the disclosure in line with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The expansion involves adding approximately 42,000 MTPA to the existing capacity of 35,319 MTPA at the Phagi, Jaipur facility. The following table summarizes the key parameters of the proposed capacity addition:

Financing and Strategic Rationale

The entire investment of approximately Rs. 30.00 Crores will be financed through internal accruals, reflecting the company's financial self-sufficiency in executing this expansion. According to the disclosure, the capacity enhancement aligns with the company's long-term strategy to strengthen its recycling capabilities and meet growing domestic and international demand for sustainable lead products.

Regulatory Disclosure

The announcement was submitted to both BSE Limited and the National Stock Exchange of India Limited by Company Secretary Nitin Gupta on 08th May, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III - Part A, Para B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with applicable listing norms.

Gravita India Limited's Board of Directors, at its meeting held on May 7, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, Walker Chandiok & Co LLP, issued an unmodified opinion on both the standalone and consolidated financial results. Alongside the results, the Board announced plans to establish a Copper Recycling Plant at Mandvi, Gujarat. For FY26, Gravita reported year-on-year growth of 10% in revenue, 12% in EBITDA, and 21% in PAT.

Q4 FY26 Quarterly Performance

Gravita India's Q4 FY26 results reflected a mixed operational picture. Revenue grew to ₹1,181.62 crores from ₹1,072.82 crores in Q4 FY25. Net Profit After Tax for the quarter was ₹91.81 crores, compared to ₹94.92 crores in the previous year. EBITDA for the quarter stood at ₹105.95 crores. The following table presents the key quarterly metrics across recent periods:

Consolidated Financial Performance

Gravita India delivered a strong performance for the year ended March 31, 2026 on a consolidated basis. Revenue from operations grew to ₹4,265.27 crores from ₹3,868.77 crores in the previous year. Total income for the year stood at ₹4,342.20 crores compared to ₹3,980.61 crores in the prior year. Profit before tax rose to ₹448.25 crores from ₹363.46 crores, while net profit after tax increased to ₹378.33 crores from ₹312.90 crores. Total comprehensive income for the year was ₹418.78 crores against ₹296.25 crores in the previous year.

Standalone Financial Performance

On a standalone basis, revenue from operations for the year ended March 31, 2026 was ₹3,481.37 crores, compared to ₹3,222.77 crores in the previous year. Standalone profit before tax was ₹362.58 crores against ₹232.92 crores, and net profit after tax stood at ₹297.02 crores compared to ₹194.13 crores in the prior year.

Copper Recycling Plant Expansion

Gravita India announced plans to establish a greenfield Copper Recycling Plant at Mandvi, Gujarat. The facility is designed to expand the company's non-ferrous metal recycling portfolio. The plant will deploy advanced recycling technologies to ensure high metal recovery and consistent product quality. Commissioning is expected within the next 12 months, funded through internal accruals.