Gravita India Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Minerals & Mining | Market Cap: ₹13.4K Cr

Gravita expects long-term growth aligned with its FY 2030 vision plan driven by capacity expansions and business diversification. Gravita India Limited aims for a PAT CAGR of 25% to 30% over the next 4-5 years, maintaining strong growth momentum.

From Gravita India's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

1,799

Market Cap

₹13.4K Cr

P/E Ratio

34.3

Revenue Rank

Rank 2

Margin Rank

Rank 3

How does Gravita India rank in Minerals & Mining?

Compare Gravita India against every Minerals & Mining company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 3
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Gravita India — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹92 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2
  • Gravita expects long-term growth aligned with its FY 2030 vision plan driven by capacity expansions and business diversification.
  • The copper segment, operating at 50% utilization in Q1 FY27, is expected to progressively ramp up capacity, contributing significantly to top line growth.
  • Lead volumes showed a slight year-on-year decline due to supply-chain disruptions but are expected to recover as disrupted supply normalizes.
  • The company is expanding its procurement network, including new yards in developed economies like the U.S., to mitigate supply disruptions and support volume growth.
  • Overall volumes increased 4% year-on-year in Q1 FY27 and are projected to grow steadily post normalization of logistics.
  • Revenue grew 42% YoY in Q1 FY27 due to better capacity utilization and value-added product mix.
  • Focus remains on increasing value-added product sales beyond copper, expanding margins, and improving operational efficiencies.

📈 Profitability & Margins

Rank 3
  • Gravita India Limited aims for a PAT CAGR of 25% to 30% over the next 4-5 years, maintaining strong growth momentum.
  • The company is confident of sustaining and improving earnings despite external disruptions like geopolitical tensions.
  • Operational efficiencies and diversification into copper and other materials underpin future profit growth.
  • Copper segment margins expected to improve from current levels, targeting around INR70,000-75,000 per ton EBITDA within 2-3 years.
  • Ramp-up in capacity utilization and better procurement networks will drive incremental revenue—around INR50 crores monthly from new lead capacity.
  • Long-term growth outlook remains robust with higher capacity utilization, increasing share of value-added products, and operational excellence.
  • Overall EBITDA and PAT are expected to grow with volume ramp-up and margin improvements across segments, supporting sustainable EPS growth aligned with Vision 2030.

🏗️ Capital Expenditure Plans

Yes
  • Gravita India is fast-tracking copper capacity expansion by repurposing plant and machinery initially earmarked for rubber capacity, which has been put on hold.
  • The company is setting up its own scrap yard operations and procurement network in developed nations, especially the U.S., to mitigate supply chain disruptions and secure raw material supply.
  • Capex investments include debottlenecking manufacturing processes in the copper division to increase capacity utilization from 50% to 60%+ by the end of the financial year.
  • Plans for backward integration and refining units for lithium to capture more value-added products beyond black mass.
  • Continued capacity expansions across lead, aluminum, copper, and plastic segments aligned with the Vision 2030 growth strategy, focusing on operational excellence and increasing value-added product share.
  • Overall, Gravita aims to ramp up copper division margins and capacity utilization with capital investments over the next 2 to 3 years.

💰 Fundraising & Capital Structure

No information
  • There is no mention of any current or planned fundraising through debt or equity in the provided transcript excerpts.
  • Management discusses net debt (~INR150 crores) and working capital but does not indicate any new financing plans.
  • The focus is on capacity expansions, operational efficiencies, and setting up procurement yards without referencing fresh capital raises.
  • The company emphasizes prudent capital allocation and balance sheet discipline, aligned with an ICRA credit rating upgrade from AA- to AA, suggesting no immediate need for fundraising.
  • Overall, no direct indication of upcoming debt or equity fundraising in the discussed period or near-term future.

📋 Order Book & Pipeline

No information
The transcript provided from the Gravita India Limited Q1 FY27 earnings call does not explicitly mention details about the current or expected order book or pending orders. However, relevant points related to capacity, ramp-up, and supply challenges include: - Lead capacity expansion of 80,300 tons in Mundra, Gujarat, with some ramp-up delays due to geopolitical disruptions. - Copper segment operating at 50% capacity utilization with plans to ramp up gradually by the end of FY27. - Supply chain disruptions, particularly from the Gulf region, causing sourcing challenges but mitigated by diversification and new scrap yards in developed economies like the U.S. - Expectation of incremental revenue of around INR 50 crores per month from new lead capacity once fully operational. - No direct mention of specific order backlog numbers or pending orders. If further details on the order book are needed, contacting the Investor Relations team as suggested in the transcript is recommended.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Gravita India Q1 FY27 results?

Gravita expects long-term growth aligned with its FY 2030 vision plan driven by capacity expansions and business diversification. Gravita India Limited aims for a PAT CAGR of 25% to 30% over the next 4-5 years, maintaining strong growth momentum.

What is Gravita India share price analysis?

Gravita India currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 34.3 with a market cap of ₹13,446 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gravita India planning capital expenditure?

Gravita India is fast-tracking copper capacity expansion by repurposing plant and machinery initially earmarked for rubber capacity, which has been put on hold.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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