Gravita India Credit Rating
ICRA assigned credit ratings to bank facilities of Gravita India's material subsidiary, Rashtriya Metal Industries Limited, for a total rated amount of ₹600 Crore.
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- ₹600.0 Cr
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ICRA assigned credit ratings to bank facilities of Gravita India's material subsidiary, Rashtriya Metal Industries Limited, for a total rated amount of ₹600 Crore.
Gravita India disclosed a Designated Person selling 1,000 equity shares on NSE for ₹0.16 Crore. Post-sale holding of 20,550 shares remains at 0.03% stake.
Gravita reported strong Q1 FY27 results with consolidated revenue growing 42% YoY, primarily driven by lead and copper segments. Profit after tax rose 14% YoY despite higher finance costs.
Gravita Employee Welfare Trust sold 1,400 equity shares of Gravita India Ltd for ₹0.25 Crore via market sale.
Gravita India Ltd has notified shareholders about the dispatch of the annual report and AGM notice to those without registered email IDs, complying with SEBI regulations.
Gravita India Ltd has issued the notice for its 34th Annual General Meeting, scheduled for September 28, 2026, alongside the Annual Report for FY 2026.
Gravita Employee Welfare Trust sold 2,062 equity shares of Gravita India Ltd for ₹0.38 Crore via market sale on NSE.
Gravita Employee Welfare Trust sold 3,596 shares of Gravita India Ltd for ₹0.66 Crore. This transaction was executed on the NSE.
Gravita Employee Welfare Trust sold shares worth ₹0.87 Crore in the open market, as reported in the latest PIT disclosure.
Gravita India Ltd. approved a corporate guarantee of up to ₹100 Crore in favour of lenders for credit facilities availed by its subsidiary, Rashtriya Metal Industries Limited.
Gravita India Ltd plans to add 59,200 MTPA of copper recycling capacity at its Mundra unit. The expansion requires an investment of Rs. 64.00 Crore.
Gravita reported strong 42% revenue growth despite lead volume dips caused by Red Sea logistics disruptions. Management is aggressively pivoting to copper and US-based scrap yards to mitigate geographic supply risks.
Gravita India has decided to close operations of its subsidiary, Gravita Metal Inc., due to operational efficiencies. The management confirms no material financial impact.
Gravita India is closing its subsidiary, Gravita Metal Inc., citing operational and cost efficiencies at its main Jaipur facility. This discontinuation is not expected to materially impact finances.
Gravita delivered strong Q1FY27 growth with revenue up 42% YoY and EBITDA up 29%. Strategy focuses on 'Vision 2030' through diversification into copper, rubber, and steel recycling.
Gravita India Ltd reported revenue from operations of ₹1,475 Cr (+41.9% YoY) and net profit of ₹106.4 Cr (+14.3% YoY) for Q1 FY27.
Gravita India will meet on July 27, 2026, to consider and approve its unaudited financial results for the quarter ended June 30, 2026.
Gravita India Ltd has filed its quarterly shareholding pattern for the period ended June 30, 2026. The document outlines the shareholding distribution among various stakeholder categories.
Gravita reported Q3FY26 revenue of Rs. 1,017 crores with PAT up 32% YoY. Growth is driven by operational efficiencies despite some capacity expansion delays in India.
Gravita reported 3QFY26 revenue of Rs. 1,017 crores with PAT growth of 32% YoY. Strategy focuses on expanding non-lead verticals and scaling recycling capacity.
Gravita reported consistent Q3FY26 performance with Revenue at Rs. 1,017 Cr. Focus remains on expanding into lithium-ion, steel, and paper recycling while maintaining healthy PAT margins of 9.60%.
Gravita reported steady Q3FY26 performance with 32% YoY PAT growth. Focus remains on scaling to 7 lakh MTPA capacity by FY2028 and diversifying into lithium-ion, paper, and steel recycling.
Gravita reported consistent Q3FY26 performance with 32% YoY PAT growth. Management highlighted capacity expansion delays but remains committed to Vision 2029 diversification into lithium-ion, steel, and paper.
Gravita reported consistent Q3FY26 performance with 32% PAT growth despite flat revenue. Focus remains on expanding recycling verticals into rubber, lithium-ion, and steel while targeting a larger diversified platform.
Gravita reported consistent Q3FY26 performance with PAT rising 32% YoY to ₹97.67cr despite flat revenues. Strategy focuses on expanding from lead into plastic, aluminum, rubber, and lithium-ion recycling.
Gravita reported steady Q3FY26 performance with 32% YoY PAT growth, driven by operational efficiencies and improved product mix despite flat revenues.
Gravita reported flat Q3 revenue of ₹1,017cr but significant 32% PAT growth to ₹97.67cr, driven by improved margins and favorable product mix despite some capacity delays.
India Ratings and Research has revised Gravita India's outlook from Stable to Positive for its ₹150 Crore bank facilities. This upgrade reflects improved creditworthiness and financial stability.
Gravita reported consistent Q3FY26 performance with Revenue flat at ₹1,017cr and PAT increasing 32% YoY to ₹97.67cr. Management reaffirmed Vision 2029 targets despite minor capacity delays.
ICRA upgraded Gravita India's credit rating to [ICRA]AA (Stable) from [ICRA]AA- (Stable) for Rs.1,000 Crore limits. This reflects improved credit profile and may lower borrowing costs.