Gravita India Limited , a leading recycling company, has announced ambitious expansion plans alongside robust financial results for the first quarter. The company aims to significantly boost its capacity and diversify its product portfolio over the next few years.

₹1,500 Crore Investment Plan

Gravita India has revealed plans to invest ₹1,500 crores with the goal of achieving a capacity of 7 lakh tonnes per annum (LTPA) by FY28. This substantial investment underscores the company's commitment to growth and its confidence in the recycling sector's potential.

Strategic Objectives

The company has set forth several key targets as part of its expansion strategy:

• Over 25% volume growth
• More than 35% profit increase through non-lead products
• Global expansion by 2029

These objectives highlight Gravita's focus on diversifying its product range and expanding its international presence.

Q1 Financial Highlights

Gravita India's financial results for Q1 demonstrate strong performance across key metrics:

The company's consolidated revenue saw a healthy increase of 14.55% year-over-year, reaching ₹1,039.94 crore. Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by an impressive 22.42% to ₹111.70 crore, indicating improved operational efficiency.

Profit after tax (PAT) showed remarkable growth, surging by 38.52% to ₹93.26 crore. This translated to an earnings per share (EPS) of ₹12.81, representing a 30.45% increase compared to the same quarter last year.

Segment Performance

Gravita's lead segment continued to be the primary revenue driver, contributing ₹928.47 crore to the total revenue. The aluminium segment showed significant growth, generating ₹94.41 crore in revenue. The plastics segment contributed ₹16.41 crore, while turnkey projects and other segments added ₹0.64 crore and ₹0.31 crore respectively.

Management Commentary

Yogesh Malhotra, Whole Time Director & CEO of Gravita India, commented on the company's performance: "Q1 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 the previous fiscal year, the company remains firmly aligned with its VISION 2029 roadmap."

Future Outlook

Gravita India's investment plans and strong financial results position the company for continued growth in the recycling industry. The focus on capacity expansion, product diversification, and global reach aligns with the increasing demand for sustainable solutions in waste management and resource recovery.

As the company progresses with its strategic initiatives, investors and industry observers will be keenly watching Gravita's ability to execute its ambitious plans while maintaining its strong financial performance.

Gravita India Limited , a leading recycling company, has unveiled ambitious expansion plans and reported robust financial results for the first quarter, demonstrating strong growth across key metrics.

₹1,500 Crore Investment Plan

Gravita India has announced plans to invest ₹1,500 crores with the goal of achieving 7 LTPA (lakh tonnes per annum) capacity by FY28. The company is targeting over 25% volume growth and more than 35% profit increase through non-lead products and global expansion by 2029. This strategic investment is aligned with Gravita's vision to become one of the top five global recycling companies by 2028.

Q1 Financial Highlights

For the quarter ended June 30, Gravita India reported impressive consolidated financial results:

• Revenue from operations increased by 15% year-over-year to ₹1,039.94 crores, compared to ₹907.86 crores in the same quarter of the previous year.
• EBITDA grew by 22% to ₹111.70 crores, with an improved EBITDA margin of 10.74%.
• Profit after tax (PAT) surged by 39% to ₹93.26 crores, up from ₹67.33 crores in the same quarter last year.
• Earnings per share (EPS) rose to ₹12.81, compared to ₹9.82 in the corresponding quarter of the previous year.

Segment Performance

The company's performance across its business segments for the quarter was as follows:

The lead segment continued to be the primary revenue driver, while aluminium and plastics segments also contributed significantly to the company's growth.

Management Commentary

Yogesh Malhotra, Whole Time Director & CEO of Gravita India, commented on the results: "Q1 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 the previous fiscal year, the company remains firmly aligned with its VISION 2029 roadmap—focused on expanding the capacity across core segments to 7LTPA+ by FY28 and scaling new verticals including lithium-ion, paper, and steel."

Future Outlook

Gravita India continues to target 25%+ volume CAGR, 35%+ profitability growth, and 25%+ ROIC. The company aims to progressively increase the share of value-added products to over 50% and non-lead business to over 30%, anchored by a deep commitment to ESG goals.

The company's global operations, integrated supply chain, and focus on margin-accretive product mix position it well for sustained growth. With its ambitious investment plan and strong financial performance, Gravita India appears poised for significant expansion in the recycling industry.