Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Gravity (India)
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3.95 | 0.73 | 0.88 | 0.43 | 0.21 | 1.11 | 0.10 | 0.00 | 0.00 | 0.00 | 20.44 | 59.51 | 99.24 |
| Expenses + | 4.32 | 0.93 | 0.97 | 2.29 | 5.84 | 1.70 | 1.39 | 0.32 | 0.96 | 0.17 | 18.49 | 53.40 | 89.98 |
| Operating Profit | -0.37 | -0.20 | -0.09 | -1.86 | -5.63 | -0.59 | -1.29 | -0.32 | -0.96 | -0.17 | 1.95 | 6.11 | 9.26 |
| OPM % | -9.37% | -27.40% | -10.23% | -432.56% | -2,680.95% | -53.15% | -1,290.00% | 9.54% | 10.27% | 9.33% | |||
| Other Income + | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.03 | 0.00 | 0.75 | 0.37 | 0.35 | 0.06 | 0.01 | 0.14 |
| Interest | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.00 | 0.04 | 0.00 | 0.04 | 0.07 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.00 |
| Profit before tax | -0.47 | -0.29 | -0.18 | -1.95 | -5.73 | -0.66 | -1.39 | 0.33 | -0.65 | 0.09 | 1.96 | 6.03 | 9.33 |
| Tax % | 36.17% | 0.00% | 0.00% | 0.00% | -34.90% | 0.00% | 0.00% | 0.00% | -52.31% | 22.22% | 25.51% | 25.21% | 26.80% |
| Net Profit + | -0.64 | -0.30 | -0.18 | -1.95 | -3.73 | -0.66 | -1.38 | 0.33 | -0.30 | 0.07 | 1.45 | 4.50 | 6.83 |
| EPS in Rs | -0.08 | -0.04 | -0.02 | -0.25 | -0.48 | -0.08 | -0.18 | 0.04 | -0.04 | 0.01 | 0.19 | 0.58 | 0.88 |
Financials of Gravity (India)
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 28 | 20 | 24 | 21 | 12 | 17 | 2 | 13 | 10 | 2 | 1 | 179 |
| Expenses + | 28 | 20 | 25 | 21 | 13 | 17 | 3 | 13 | 11 | 10 | 4 | 162 |
| Operating Profit | -0 | -1 | -1 | 0 | -1 | -0 | -0 | 0 | -1 | -8 | -3 | 17 |
| OPM % | -1% | -3% | -4% | 1% | -7% | -1% | -12% | 1% | -7% | -350% | -224% | 10% |
| Other Income + | 0 | 0 | 1 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | -1 | 0 | 0 | 2 | -0 | -0 | 0 | -1 | -8 | -2 | 17 |
| Tax % | -4% | -12% | 400% | 2,367% | 41% | -268% | -24% | 25% | 3% | -25% | -14% | 26% |
| Net Profit + | -1 | -1 | -0 | -1 | 1 | 0 | -0 | 0 | -1 | -6 | -2 | 13 |
| EPS in Rs | -0.08 | -0.07 | -0.01 | -0.09 | 0.13 | 0.04 | -0.04 | 0.01 | -0.13 | -0.79 | -0.26 | 1.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Gravity (India)
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | -5 | -7 | 6 |
| Borrowings + | 8 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 |
| Other Liabilities + | 1 | 4 | 2 | 10 | 5 | 9 | 3 | 3 | 4 | 1 | 1 | 23 |
| Total Liabilities | 20 | 18 | 14 | 21 | 17 | 22 | 16 | 15 | 17 | 8 | 6 | 40 |
| Fixed Assets + | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 16 | 15 | 12 | 19 | 15 | 19 | 13 | 13 | 14 | 5 | 4 | 39 |
| Total Assets | 20 | 18 | 14 | 21 | 17 | 22 | 16 | 15 | 17 | 8 | 6 | 40 |
Financials of Gravity (India)
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -2 | 4 | -1 | 1 | -1 | 0 | -1 | 0 | -1 | -0 | -0 | 0 |
| Cash from Investing Activity + | 2 | 0 | 3 | -0 | 3 | -0 | 0 | 0 | -0 | -0 | 1 | -0 |
| Cash from Financing Activity + | -0 | -5 | -2 | -0 | -0 | -0 | -0 | 0 | 1 | -0 | -0 | -0 |
| Net Cash Flow | -0 | 0 | -0 | 0 | 1 | -0 | -1 | 0 | -0 | -0 | 0 | -0 |
| Free Cash Flow | -0 | 5 | 2 | 0 | 1 | -0 | -1 | 0 | -1 | -0 | -0 | 0 |
| CFO/OP | 750% | -841% | 131% | 658% | 110% | -511% | 386% | 118% | 130% | 1% | 14% | 28% |
Financials of Gravity (India)
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 128 | 181 | 119 | 242 | 314 | 270 | 1,341 | 207 | 297 | 41 | 96 | 71 |
| Inventory Days | 52 | 58 | 53 | 28 | 3 | 48 | 252 | 126 | 151 | 204 | 0 | 0 |
| Days Payable | 10 | 48 | 31 | 171 | 100 | 170 | 526 | 84 | 155 | 72 | ||
| Cash Conversion Cycle | 170 | 190 | 140 | 99 | 217 | 148 | 1,066 | 249 | 294 | 173 | 96 | 71 |
| Working Capital Days | 177 | 164 | 142 | 152 | 276 | 187 | 1,479 | 234 | 288 | 81 | -488 | 26 |
| ROCE % | -3% | -5% | -7% | 0% | -8% | -1% | -2% | 1% | -7% | -81% | -38% | 159% |
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