Gravita India Limited has announced the launch of its state-of-the-art lithium-ion battery recycling plant at Mundra, Gujarat, marking a significant expansion into the growing battery recycling sector. The announcement was made on January 23rd, 2026, through a regulatory filing under Regulation 30 of the SEBI Listing Regulations.

Investment and Facility Details

The company has committed approximately Rs. 14 crores for the procurement and commissioning of the recycling facility, with funding sourced entirely from internal accruals. The plant has been established with a processing capacity of 6,000 MTPA, positioning the company to serve the expanding electric vehicle and renewable energy markets.

Strategic Positioning and Technology

The new facility employs advanced technology designed to improve efficiency and scalability of the recycling process while ensuring minimal environmental impact. The company emphasizes safe and sustainable recycling practices that reduce toxic chemical waste and conserve precious resources. This venture represents Gravita's commitment to promoting a circular economy through material reuse and reducing dependency on mining for raw materials.

Market Alignment and Future Plans

The lithium-ion battery recycling initiative aligns with Gravita's sustainability goals and the global transition toward cleaner energy solutions. As electric vehicle adoption continues to accelerate, the company aims to establish itself as a key player in the global battery recycling market. The company has indicated plans to expand its recycling operations scope and collaborate with leading players in the EV and renewable energy sectors to enhance recycling capabilities.

Company Background

Gravita India operates as a leading global recycling company with 13 eco-conscious manufacturing facilities worldwide, collectively capable of processing 3,45,659 MTPA. The company maintains a presence in over 70 countries and brings over three decades of recycling expertise across 5 business verticals. This latest venture into lithium-ion battery recycling represents a strategic expansion of the company's existing recycling portfolio.

Gravita India 's management has provided updated margin guidance during a recent conference call, reaffirming the company's expectations for the coming period. The leadership team maintained their projection of margins remaining at approximately ₹19-20 per tonne, demonstrating consistency in their financial outlook.

Management Margin Guidance

The company's management team has reiterated their margin expectations, providing stakeholders with clarity on anticipated performance levels. The following guidance was shared during the conference call:

Cautious Assessment Approach

While maintaining the margin guidance, the management adopted a measured stance regarding the sustainability of current levels. The leadership indicated that a comprehensive evaluation over the next six months will be necessary to confirm whether the existing margin structure can be maintained in the prevailing market environment.

This approach reflects the company's prudent management philosophy, acknowledging the dynamic nature of market conditions that could impact margin sustainability. The six-month assessment period will allow the management to gather sufficient data and market intelligence to make informed decisions about future margin expectations.

Strategic Outlook

The reiteration of margin guidance demonstrates management's confidence in the company's operational efficiency and market positioning. However, the emphasis on monitoring conditions over the next six months indicates a realistic assessment of market variables that could influence performance.

The management's transparent communication regarding both the guidance and the need for ongoing assessment provides stakeholders with a balanced perspective on the company's margin expectations and the factors that may influence future performance levels.