Gravita India
1,790.30
-83.20(-4.44%)
Market Cap₹13,828.00 Cr
PE Ratio40.86
Company Performance:
1D-4.44%
1M-3.10%
6M-12.39%
1Y+7.01%
5Y+3,576.18%
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More news about Gravita India
28Jul 25
Gravita India Reports Strong Q1 Results with 15% Revenue Growth and 39% PAT Increase
Gravita India Limited, a recycling company, reported strong Q1 financial results with a 39% increase in consolidated net profit to ₹93.26 crore. Revenue from operations grew 15% to ₹1,037.00 crore. The company achieved 12% volume growth and 22% EBITDA increase. Lead segment remains the largest contributor to revenue and profitability. Gravita maintains its Vision 2029 targets, including 25% volume CAGR and 35% profitability growth.
04Jul 25
Gravita India Shares in Focus as India Plans Financial Aid for Scrap Processing Sector
The Indian government is planning to offer financial assistance for scrap processing facilities, which could significantly impact companies in the recycling industry. Gravita India Ltd, a key player in lead recycling and manufacturing, may benefit from this initiative. The government's short-term plan aims to boost the circular economy and promote sustainable waste management practices. This move could lead to capacity expansion, technological upgrades, new market entrants, and supply chain improvements in the scrap processing sector.
24Jun 25
Gravita India Announces Closure of US Subsidiary
Gravita India, a recycling industry leader, has announced the closure of its subsidiary, Gravita USA Inc. The company provided limited details, omitting specific reasons, timeline, or potential impacts on overall operations and finances. This move may lead to restructuring of international operations and changes in global market strategy. The full implications of this decision remain unclear, leaving investors and stakeholders seeking more information about the financial impact and revised international strategy, particularly for the North American market.
18Jun 25
Gravita India: Stock Surges 4725% in Five Years, Q4 Profit Jumps 38%
Gravita India Ltd, a global recycling industry leader, reported a 38% increase in Q4 net profit to Rs 95.00 crore. The company's stock has risen nearly 5000% over the past five years. Gravita plans to invest Rs 2,500.00 crore over the next four years and targets a 25% CAGR in volumes. Analysts maintain a 'buy' rating with an average 12-month price target of Rs 2,438.67.
04Jun 25
Gravita India to Meet with ValueQuest Investment Advisors
Gravita India, a recycling industry leader, has scheduled a meeting with ValueQuest Investment Advisors for June 12. ValueQuest manages assets worth ₹17,075.00 crore. The meeting's specific agenda is undisclosed but could involve discussions on Gravita's business strategies, financial performance, and growth plans. This engagement suggests potential institutional investor interest in Gravita India.
05May 25
Gravita India Reports Robust Q4 Performance with 38% Surge in Net Profit and Declares Dividend
Gravita India, a leading recycling company, announced strong Q4 FY2024 results with a 38% increase in net profit to ₹95.00 crore. Revenue grew by 20.2% to ₹1,037.00 crore, while EBITDA rose 27.8% to ₹92.00 crore. The company's board declared an interim dividend of ₹6.35 per equity share for FY2025, with the record date set for May 8.
02May 25
Gravita India Reports Robust Q4 FY2025 Results with Significant Growth and Announces Final Dividend
Gravita India Limited reported impressive financial results for Q4 and FY2025. Q4 revenue increased by 19.34% to ₹860.29 crore, with net profit jumping to ₹95.10 crore. For FY2025, annual revenue grew 20.29% to ₹3,222.77 crore, with net profit rising 8.08% to ₹194.13 crore. The company successfully raised ₹1,000 crore through a QIP and expanded internationally by acquiring a rubber recycling business in Romania. The Board approved an interim dividend of ₹6.35 per share and recommended a final dividend of ₹6.35 per share for FY2025.
27Mar 25
Gravita India Expands European Footprint with ₹400 Million Rubber Recycling Plant Acquisition
Gravita India has acquired a rubber recycling plant in Europe for approximately ₹400 million, expanding its presence in the European market. The company's long-term credit rating has been upgraded to [ICRA]AA- (Stable) from [ICRA]A+ (Stable) by ICRA Limited. Gravita has also received a tax demand notice of ₹41.49 crore for the Assessment Year 2022-23, which it plans to appeal.
Gravita India
1,790.30
-83.20
(-4.44%)
1 Year Returns:+7.01%
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