Arthneeti
All Q2 FY27 results →
G

Gravita India Ltd

Q2 FY27Minerals & Mining

Gravita India Q2 Results 2026 (FY27): Revenue & Margins

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Price₹1,388
Market cap₹10.2K Cr
P/E26.1
Updated31 Oct 2026
Read5 min read

What the Q2 FY27 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

The short version

Lead volumes expected to grow at around 18% to 20% CAGR over the next three years despite recent challenges. Lead volumes expected to grow at 18-20% CAGR over the next three years despite recent short-term challenges. - Copper margins to stabilize around INR65-70 per kg short-term; expected to increase to INR90 per kg in 2-3 years with recycling integration. - Capacity increase planned from current approx.

From Gravita India Ltd's Q2 FY27 earnings-call transcript · updated 31 Oct 2026.

Revenue & Sales Performance

Moderate growth
  • Lead volumes expected to grow at around 18% to 20% CAGR over the next three years despite recent challenges.
  • Copper margins sustainable at INR65-70 per kg short-term, improving to INR80-90 per kg in 2-3 years with new recycling facilities.
  • Domestic scrap sourcing for lead projected to rise to 40-50%, balancing with 50-60% imports, improving procurement mix.
  • BWMR (Battery Waste Management Rules) compliance demand expected to accelerate post FY29 due to the 7-year regulatory window ending, likely causing a surge in recycling volumes.
  • Capacity expansion on track, aiming to increase from 480,000 tons to 800,000 tons by FY29 with a total planned capex of INR1,680 crores.

2 more points from Gravita India Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Gravita India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Total planned capital expenditure of INR 1,680 crores through FY29, aligned with Vision 2030.
  • INR 815 crores allocated to strengthen and expand existing businesses.
  • Remaining investment directed towards new recycling verticals including lithium-ion battery and copper recycling.
  • Mundra copper recycling capacity expansion by 59,200 metric tons per annum with an estimated investment of ~INR 64 crores, expected by March 2029.
  • Mandvi, Gujarat copper facility (29,400 metric tons per annum) with an investment of ~INR 160 crores, set for commissioning within 12 months.
  • Additional investment of ~INR 94.42 crores approved to subscribe to rights issue of Rashtriya Metal Industries Limited to support strategic initiatives.

2 more points from Gravita India Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Minerals & Mining

Ranked on what management guided this quarter

Guidance-ranked
1Lloyds Metals & Energy Ltd
Rev 2Mar 3
2NMDC
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 2
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Gravita India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Some relevant points related to orders and demand include: - The company has secured good orders for higher-margin and specialized copper products, positively impacting margins. - New geographies for scrap procurement have been developed, with bookings starting in Q2 and some material expected to come in Q3. - Lead volumes are expected to improve gradually as new procurements and domestic sourcing increase.

2 more points from Gravita India Ltd's call on order book

Create a free account to keep reading this call

Gravita India Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.4K Cr, net profit ₹102 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Gravita India's management said in earlier quarters

Others in Minerals & Mining this season

  • G M D C (Q2 FY27)

    Revenue from Operations (Standalone) for quarter ended 30/09/2026: ₹902.97 crore; for quarter ended 30/09/2025: ₹527.58 crore — representing a year-on-year…

Compare:vs Lloyds Metals & Energy Ltdvs NMDC Ltdvs G M D C

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Gravita India Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Gravita India Ltd Q2 FY27 results?

Lead volumes expected to grow at around 18% to 20% CAGR over the next three years despite recent challenges. Lead volumes expected to grow at 18-20% CAGR over the next three years despite recent short-term challenges. - Copper margins to stabilize around INR65-70 per kg short-term; expected to increase to INR90 per kg in 2-3 years with recycling integration. - Capacity increase planned from current approx.

What is Gravita India Ltd share price analysis?

Gravita India Ltd currently shows a below-average growth signal. The stock trades at a P/E of 26.1 with a market cap of ₹10,244 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gravita India Ltd planning capital expenditure?

Total planned capital expenditure of INR 1,680 crores through FY29, aligned with Vision 2030. - INR 815 crores allocated to strengthen and expand existing businesses. - Remaining investment directed towards new recycling verticals including lithium-ion battery and copper recycling. - Mundra copper recycling capacity expansion by 59,200 metric tons per annum with an estimated investment of ~INR 64 crores, expected by March 2029. - Mandvi, Gujarat copper facility (29,400 metric tons per annum) with an investment of ~INR 160 crores, set for commissioning within 12 months. - Additional investment of ~INR 94.42 crores approved to subscribe to rights issue of Rashtriya Metal Industries Limited to support strategic initiatives. - Incorporation of a wholly owned subsidiary in the U.S.

Keep Gravita India Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.