# Gravita India share price today (Gravita India Ltd, NSE: GRAVITA)

> Gravita India share price today: ₹1,400.30 at the NSE close on 3 November 2026, down 16.0% in a year. Gravita India (NSE: GRAVITA) is worth ₹10,335 crore, trades at a P/E of 25.9 and has closed between ₹1,295.10 and ₹1,875.40 over the past 52 weeks. > Gravita India Ltd's earnings have grown faster than its share price. Earnings per share grew +21.3% in a year while the price moved −16.0%. GRAVITA · Recycling · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/gravita-india-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹1,400.30 (−16.0% in a year)
- P/E: 25.9× (higher than 58% of the last 11 years)
- Revenue (Sep 2026): ₹1,427 Cr (+37.7% on a year ago)
- Profit (Sep 2026): ₹102 Cr (+6.3% on a year ago)
- Operating margin: 9.0% (−1.0 points on a year ago)
- ROCE: 16%, FY26
- ROIC: 13.6%, against a 12.0% cost of capital: +1.6 points

The main question: profits are rising, but only 53% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Gravita India share price today? Gravita India Ltd's share price was ₹1,400.30 at the close on 3 November 2026. It has been falling for 4 weeks. That is 14.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,295 and ₹1,875, and at that close it sat 18% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 10 weeks running. Over the last 11 years the share price moved +6,151% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Gravita India this quarter? Two changes stood out: revenue up on a year earlier for 11 quarters in a row and foreign funds (FIIs) cut their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 11 quarters in a row In the September 2026 quarter revenue was ₹1,427 crore, +37.7% on a year earlier. Why: The copper unit RMIL brought in ₹420 crore of revenue in the quarter. Overseas units helped make up for weaker results in the main company. Next results: check whether lead volumes recover as booked overseas scrap arrives and domestic battery scrap offers turn into supply. From the earnings call on 28 Oct 2026. 2. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 15.8% to 11.8% of the company by the September 2026 quarter. ## What are Gravita India's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Gravita India reported revenue of ₹1,427 crore, up 37.7% from ₹1,036 crore a year earlier, and a profit of ₹102 crore, up 6.3% from ₹96.0 crore. ### Gravita India results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,427 crore | ₹1,036 crore | +37.7% |
| Profit | ₹102 crore | ₹96.0 crore | +6.3% |
| Earnings per share | ₹13.82 | ₹13.01 | +6.2% |
| Operating margin | 9.0% | 10.0% | −1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Gravita India's management discussed these results on a call held on 28 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Gravita India share price history? Gravita India closed at ₹1,400.30 on 3 November 2026, down 16.0% from ₹1,667.10 a year earlier (31 October 2025) and up 538.5% over five years. Its highest weekly close since March 2016 was ₹2,583.90 on 27 September 2024. ### Gravita India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,343.20 | +4.3% |
| 1 month ago · 1 Oct 2026 | ₹1,412.60 | −0.9% |
| 6 months ago · 30 Apr 2026 | ₹1,630.00 | −14.1% |
| 1 year ago · 31 Oct 2025 | ₹1,667.10 | −16.0% |
| 3 years ago · 3 Nov 2023 | ₹1,084.20 | +29.2% |
| 5 years ago · 4 Nov 2021 | ₹219.30 | +538.5% |
| 10 years ago · 4 Nov 2016 | ₹34.35 | +3,976.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹22.40 | +6,151.3% |
| Highest weekly close since March 2016 · 27 Sep 2024 | ₹2,583.90 | −45.8% |
| Lowest weekly close since March 2016 · 3 Jun 2016 | ₹16.50 | +8,386.7% |
| 52-week high (weekly close) · 26 Dec 2025 | ₹1,875.40 | −25.3% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹1,295.10 | +8.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Gravita India? 3 Nov 2026: ex-date for an interim dividend of ₹7.70 a share. 3 Nov 2026: Gravita India closed at ₹1,400.30, up 4.3% on the week and down 0.9% on the month. ### Earlier

- 28 Oct 2026: Gravita India held its results call for July to September 2026. Management guided: Lead volumes 18-20% yearly growth over next 3 years with overall around 18%. - Results for July to September 2026: Revenue up 37.7% and profit up 6.3% on a year earlier. ## What dividend does Gravita India pay? Gravita India paid ₹7.70 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.55% at the ₹1,400.30 close on 3 November 2026. The last was an interim dividend of ₹7.70 a share, ex-date 3 November 2026. ### Gravita India dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 3 Nov 2026 | ₹7.70 | Interim | same day |
| 8 May 2025 | ₹6.35 | Interim | same day |
| 14 May 2024 | ₹5.20 | Interim | same day |
| 4 Sep 2023 | ₹4.35 | Dividend | same day |
| 8 Feb 2022 | ₹3 | Interim | 9 Feb 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Gravita India Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Gravita India management say on the latest results call? On the call for July to September 2026, held on 28 October 2026, Gravita India's management guided: Lead volumes 18-20% yearly growth over next 3 years with overall around 18%. > “Irrespective of the past 2 quarters not being very good, we believe that going forward, lead volume will grow at around 18% to 20% for the next 3 years.”
> Yogesh Malhotra, on the call for July to September 2026

### What management guided

- Copper operating profit ₹65-70 per kg near term and ₹80-90 per kg in 2-3 years post recycling integration. - RMIL utilisation 65-70% in 2-3 quarters through debottlenecking with new machines, further lift needs capacity capital spending over 3 years. - Mandvi 29,400 MTPA copper recycling at ₹160 crore within 12 months plus Mundra 59,200 MTPA at ₹64 crore phased by March 2029 to feed Mandvi. - Capital spending ₹1,680 crore through FY29 with ₹815 crore for existing businesses, capacity 480,000 tonnes to 800,000 tonnes with ₹600 crore spent. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5949/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 28 October 2026.)

## What to watch in Gravita India's next results? When Gravita India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Lead volumes to rebound from multi-quarter low as booked new-geography scrap lands and domestic offers convert - check next print. - What to check (from the call)
- Lead volumes to rebound from multi-quarter low as booked new-geography scrap lands and domestic offers convert - check next print. - Copper unit profitability to stay at flagged sustainable level without repeat of discrete high-value order benefit - check next mix. - RMIL utilisation to advance toward flagged debottlenecked level as ordered machines install - check operational update. ## Which stock lists is Gravita India on? Gravita India is not on any of our India lists this week. ## Is Gravita India profitable? Gravita India Ltd earned ₹102 Cr of net profit in the Sep 2026 quarter, +6.3% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹378 Cr. Over 10 years profit has grown 54.1% a year on average. That is 7.1% of the quarter's revenue. The same quarter a year earlier earned ₹96.0 Cr. For the full year, FY26 profit was ₹378 Cr (+20.8% on the year before). Why profit moved: revenue changed +37.7% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +10.4% and revenue +23.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Gravita India make, and is it growing? Gravita India Ltd reported ₹1,427 Cr of revenue in the Sep 2026 quarter, +37.7% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 25.8% a year on average. The last full year, FY26, came in at ₹4,265 Cr. The last four reported quarters add to ₹5,092 Cr. FY26 revenue was ₹4,265 Cr, +10.2% on the year before. Recent pace: the last four quarters grew +23.7% on average, against 25.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +23.9%, against +21.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +9.7%, against +21.3% a year (rolling over). ## How much of every ₹100 of sales does Gravita India keep? Gravita India Ltd's operating margin was 9.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 4.1% and 10.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed −0.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Gravita India's profit turning into cash? Over the last 3 years, 53% of Gravita India Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹169 Cr of operating cash against ₹378 Cr of profit. After ₹551 Cr of spending on assets, free cash was −₹382 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 53% of profit came in as cash: the cash cycle got 52 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 52 days longer. The next section looks at where the cash is stuck. ## Where does Gravita India's cash go? Gravita India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 139 days in FY26, up from 87 days in FY21. It spent ₹774 Cr on assets over the last 3 years. Customers take 37 days to pay, and stock sits for 109 days on average. At FY26 sales of ₹4,265 Cr, each day of that cycle ties up about ₹11.7 Cr, so roughly ₹1,624 Cr is tied up in the business at any time. FY26: customers took 37 days to pay and stock sat for 109 days, about 3.6 months of sales sitting as stock, for a full cycle of 139 days, longer than FY21's 87. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 109 days. Customers pay about 37 days after that. Suppliers are paid at 7 days. Together that makes the 139-day cycle. Spending on assets: ₹774 Cr over the last 3 years, against ₹106 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹48.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Gravita India's P/E ratio, and how does it compare with its own history? Gravita India Ltd's P/E is 25.9×, in the middle of its own history: higher than 58% of past readings. Its usual P/E (the middle reading) is 23.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +21.3% while the price moved −16.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +44.9% a year; about +39.6% a year came from earnings growth and about +5.3 percentage points from the multiple (the market paying more); over 10 years the price moved +44.9% a year; about +37.5% a year came from earnings growth and about +7.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Gravita India business getting better or worse? Gravita India Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +32.8% at its peak to +9.7% now), while ROCE is still 19.6%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does Gravita India earn on its capital? Gravita India Ltd earned a ROCE of 16% in FY26. That is up from a low of 7% in FY16. Its return on capital used (ROIC) is 1.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 8.9% net margin and 1.25× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 8.9% net margin × 1.25× asset turnover × 1.39× leverage (assets divided by equity) ≈ 15.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 13.6% − 12.0% = +1.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 13.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 16.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Gravita India have too much debt? Gravita India Ltd has total debt of ₹872 Cr against shareholder equity of ₹2,649 Cr as of Sep 2026, so its debt is 0.33× its equity. Year by year, that ratio went from 1.18 in FY22 to 0.30 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Gravita India shareholding pattern? Promoters cut their stake in Gravita India Ltd by 7.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 55.9% of the company. Foreign institutions moved −2.2 points over the same period, to 11.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −7.5 points over 8 quarters, to 55.9%; Foreign institutions: −2.2 points over 8 quarters, to 11.8%; Domestic institutions: +1.7 points over 8 quarters, to 4.9%. Why the owners changed: foreign institutions moved −2.2 points and domestic institutions +1.7 points over 8 quarters, while promoters moved −7.5 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Gravita India from balance-sheet trouble? For Gravita India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Gravita India rank in its industry? 39.6 out of 100, rank 8 of 9 in Recycling, with 100% of the evidence available. Gravita India Ltd scores 39.6 out of 100 against the 9 companies it is compared with in Recycling, ranking 8. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 15.5 + 11.7 + 6 + 6.4 = 39.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Gravita India compared with? Gravita India ranks 8 of 9 Recycling companies on the 4-Factor Sector Score, with 39.6 out of 100. 1. [Bhagyanagar India Ltd](https://www.sectoralpha.in/stocks/bhagyanagar-india-ltd) BHAGYANGR · Most evidence points up · 69% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 37.0/43.75 · Revenue 49.1% · Profit 100% · Operating margin change 1.7 points · 88% evidence Capital efficiency 16.1/31.25 · ROCE 20.2% · Operating margin 5% · 100% evidence Valuation 19.6/25 · P/E 2.3× · PEG 0.22 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 37 + 16.1 + 19.6 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [NILE Ltd](https://www.sectoralpha.in/stocks/nile-ltd) NILE · Evidence leans up · 76% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/43.75 · Revenue 17% · Profit 12.1% · Operating margin change -5.3 points · 88% evidence Capital efficiency 17.1/31.25 · ROCE 25.3% · Operating margin 3.8% · 100% evidence Valuation 19.5/25 · P/E 9.6× · PEG 0.18 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 15.9 + 17.1 + 19.5 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 3. [Pondy Oxides & Chemicals Ltd](https://www.sectoralpha.in/stocks/pondy-oxides-chemicals-ltd) POCL · basing · Evidence leans up · 96% evidence 52.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 48.5% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 15.8/25 · ROCE 23.4% · Operating margin 6% · 100% evidence Valuation 9.3/20 · P/E 21.2× · PEG 2.57 · 100% evidence Relative strength 1.1/20 · Lead over its industry -20.2% · Lead over NIFTY 500 -17% · 1 year -27.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26 + 15.8 + 9.3 + 1.1 = 52.2 · What this means: Earnings are strong; relative strength in its sector is -20.2% and the one-year return is -27.6%. 4. [Eco Recycling Ltd](https://www.sectoralpha.in/stocks/eco-recycling-ltd) ECORECO · quiet · Evidence leans up · 63% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Revenue 31.9% · Profit 3.2% · Operating margin change 1.5 points · 83% evidence Capital efficiency 19.4/25 · ROCE 30.8% · Operating margin 56.3% · 76% evidence Valuation 9.7/20 · P/E 32.8× · PEG n/a · 50% evidence Relative strength 10.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -32.4% · 25% evidence · 0 of 5 weeks ahead Exact sum: 12.8 + 19.4 + 9.7 + 10.1 = 52 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Jain Resource Recycling Ltd](https://www.sectoralpha.in/stocks/jain-resource-recycling-ltd) JAINREC · basing · Evidence leans down · 83% evidence 48.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 65.3% · Profit 62.2% · Operating margin change -2 points · 88% evidence Capital efficiency 15.0/25 · ROCE 25.7% · Operating margin 4% · 100% evidence Valuation 9.2/20 · P/E 25.6× · PEG 1.83 · 65% evidence Relative strength 3.5/20 · Lead over its industry -27.8% · Lead over NIFTY 500 -24.3% · 1 year -30.1% · 70% evidence · 0 of 12 weeks ahead Exact sum: 20.4 + 15 + 9.2 + 3.5 = 48.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Ganesha Ecosphere Ltd](https://www.sectoralpha.in/stocks/ganesha-ecosphere-ltd) GANECOS · quiet · Evidence leans down · 76% evidence 47.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 19.1% · Profit 30.8% · Operating margin change 6 points · 74% evidence Capital efficiency 8.5/25 · ROCE 5.6% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 31.5× · PEG 0.43 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 10.9% · 1 year -18.1% · 25% evidence · 6 of 12 weeks ahead Exact sum: 17 + 8.5 + 10 + 12 = 47.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Antony Waste Handling Cell Ltd](https://www.sectoralpha.in/stocks/antony-waste-handling-cell-ltd) AWHCL · quiet · Evidence leans down · 63% evidence 40.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue 11.8% · Profit -32% · Operating margin change -8 points · 83% evidence Capital efficiency 10.7/25 · ROCE 11.2% · Operating margin 14.3% · 76% evidence Valuation 12.5/20 · P/E 13.4× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -35.3% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 10.7 + 12.5 + 7.5 = 40.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Gravita India Ltd this page GRAVITA · basing · Evidence leans down · 100% evidence 39.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 23.9% · Profit 9.7% · Operating margin change -1 points · 100% evidence Capital efficiency 11.7/25 · ROCE 16.2% · Operating margin 9% · 100% evidence Valuation 6.0/20 · P/E 25.7× · PEG 1.99 · 100% evidence Relative strength 6.4/20 · Lead over its industry -14.6% · Lead over NIFTY 500 -11.2% · 1 year -16.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 15.5 + 11.7 + 6 + 6.4 = 39.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Namo eWaste Management Ltd](https://www.sectoralpha.in/stocks/namo-ewaste-management-ltd) NAMOEWASTE · leader · Too little evidence to rank firmly · 47% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue n/a · Profit n/a · Operating margin change 3 points · 15% evidence Capital efficiency 14.9/25 · ROCE 21.3% · Operating margin 11% · 75% evidence Valuation 8.5/20 · P/E 54.2× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 52% · Lead over NIFTY 500 55.4% · 1 year 85.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19.4 + 14.9 + 8.5 + 20 = 62.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Recycling](https://www.sectoralpha.in/sectors/recycling), all 9 compared on one page. ## Which companies are close to Gravita India in size? Gravita India is the largest of 9 Recycling companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Jain Resource Recycling, Pondy Oxides & Chemicals, Ganesha Ecosphere, Eco Recycling, Antony Waste Handling Cell and Namo eWaste Management. ### Recycling companies close in size

1. Gravita India Ltd ₹10,244 crore
2. [Jain Resource Recycling Ltd](https://www.sectoralpha.in/stocks/jain-resource-recycling-ltd) ₹9,317 crore
3. [Pondy Oxides & Chemicals Ltd](https://www.sectoralpha.in/stocks/pondy-oxides-chemicals-ltd) ₹3,033 crore
4. [Ganesha Ecosphere Ltd](https://www.sectoralpha.in/stocks/ganesha-ecosphere-ltd) ₹2,678 crore
5. [Eco Recycling Ltd](https://www.sectoralpha.in/stocks/eco-recycling-ltd) ₹789 crore
6. [Antony Waste Handling Cell Ltd](https://www.sectoralpha.in/stocks/antony-waste-handling-cell-ltd) ₹785 crore
7. [Namo eWaste Management Ltd](https://www.sectoralpha.in/stocks/namo-ewaste-management-ltd) ₹778 crore

[All 9 Recycling companies, largest first](https://www.sectoralpha.in/sectors/recycling#all-companies)

### Companies close in size in other industries

1. [Vinati Organics Ltd](https://www.sectoralpha.in/stocks/vinati-organics-ltd) ₹10,286 crore · Speciality Chemicals
2. [Blackbuck Ltd](https://www.sectoralpha.in/stocks/blackbuck-ltd) ₹10,278 crore · Logistics
3. Gravita India Ltd ₹10,244 crore
4. [Paras Defence and Space Technologies Ltd](https://www.sectoralpha.in/stocks/paras-defence-and-space-technologies-ltd) ₹10,071 crore · Aerospace & Defence - Equipments
5. [Maple Infrastructure Trust](https://www.sectoralpha.in/stocks/maple-infrastructure-trust) ₹9,981 crore · Infra/Real Estate Investment Trust

## What else do people ask about Gravita India? ### What is Gravita India's share price today? Gravita India Ltd's share price is ₹1,400.30, −16.0% over the past year. The whole company is worth ₹10,335 Cr on the market. In the last 52 weeks it traded between ₹1,295 to ₹1,875; today it is 18% of the way up from the low, 14.3% below its 200-day average (as of 3 November 2026). ### What were Gravita India's latest quarterly results? Gravita India Ltd reported revenue of ₹1,427 Cr and net profit of ₹102 Cr for the Sep 2026 quarter. Revenue rose 37.7% and profit rose 6.3% compared with a year earlier. Earnings per share were ₹13.82. The operating margin was 9.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Gravita India's market cap? Gravita India Ltd's market capitalisation is ₹10,335 Cr at a share price of ₹1,400.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Gravita India performing? Gravita India Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 37.7% and profit rose 6.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 10 weeks running (as of 3 November 2026). ### Will Gravita India's share price go up? This page does not forecast Gravita India Ltd's share price. What it shows instead: the share price is ₹1,400.30, and it has been falling for 4 weeks. Its P/E of 25.9× is higher than 58% of its own last 11 years (as of 3 November 2026). ### Who owns Gravita India? Promoters own 55.9% of Gravita India Ltd, foreign institutions 11.8%, domestic institutions 4.9% and the public 26.1% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 7.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Gravita India have too much debt? No, Gravita India Ltd has little debt: its debt is 0.30× its equity, and its operating profit is 16 times its interest bill. FY26 borrowings were ₹736 Cr against equity of ₹2,452 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Gravita India in its business cycle? Gravita India Ltd's FY26 operating margin was 10.0%, against a 13-year range of 4.1% to 10.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Gravita India story? The main question: profits are rising, but only 53% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Gravita India a stock worth studying right now? What the numbers show: Gravita India Ltd's earnings have grown faster than its share price. Earnings per share grew +21.3% in a year while the price moved −16.0%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Gravita India share price forecast for 2026? What management itself guided: Lead volumes 18-20% yearly growth over next 3 years with overall around 18%. This is research, not advice. We’re not SEBI-registered.