Gravita India Ltd Share Price – NSE /  BSE

Non Ferrous Metals, Small Cap

Gravita India announced the launch of its state-of-the-art lithium-ion battery recycling plant in Mundra, Gujarat with a capacity of 6,000 MTPA.

The company has made an investment of ~Rs. 14 crore for procurement and commissioning of the said Recycling Plant which is invested from internal accruals of the company.

Gravita will ensure the safe, sustainable recycling of lithium-ion batteries, reducing environmental impact, and conserving precious resources. Gravita India has invested in cutting edge technology to improve the efficiency and scalability of the recycling process, ensuring that toxic chemicals and waste are minimized.

This venture is part of Gravita's commitment to promoting a circular economy by reusing valuable materials and reducing the dependency on mining for raw materials.

Gravita's venture into lithium-ion battery recycling is aligned with its ambitious sustainability goals and the global push for cleaner, more efficient energy solutions. As electric vehicles continue to grow in popularity, the company aims to become a key player in the global battery recycling market, supporting a greener, more sustainable planet for future generations.

The company plans to expand the scope of its recycling operations and collaborate with leading players in the EV and renewable energy sectors to further enhance its recycling capabilities.

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Profit before tax stood at Rs 115.09 crore in the December 2025 quarter, up 29.15% from Rs 89.11 crore in the same period last year.

Total expenses decreased 2.40% YoY to Rs 913.64 crore during the quarter. The cost of materials consumed stood at Rs 914.62 crore (up 14.79% YoY), employee benefit expenses were Rs 45.92 crore (up 35.53% YoY) and finance costs declined 49.06% YoY to Rs 6.54 crore during the period under review.

EBITDA stood at Rs 116.06 crore in Q3 FY26, up 13.48% YoY, while EBITDA margin rose to 11.41% from 10.26% in Q3 FY25.

On the management commentary and business outlook, the company stated, ?Gravita reported a stable performance in Q3 and 9MFY26, with consistent progress across operational and financial metrics across all key segments. In 9MFY26, the company delivered YoY growth of 5%, 9%, 15% and 32% in volumes, revenue, EBITDA and PAT, respectively, while maintaining a healthy ROIC of 25%. Higher contribution from value-added products and increased domestic scrap sourcing reflect efficiency gains from its integrated operating model.

During 9MFY26, Gravita incurred capex of Rs 125 Cr. across its businesses. Aligned with its VISION 2029 strategy, Gravita continues to scale capacities across its established segments? lead, aluminum, plastics, rubber and turnkey solutions?with the ambition of exceeding 7 LTPA by FY28. In parallel, the company is building presence in emerging recycling verticals such as lithium-ion batteries, paper and steel.

Management remains focused on delivering targeted volume growth, earnings expansion and ROIC above 25%, while progressively increasing the contribution of value-added products beyond 50% and non-lead businesses above 30%, anchored by a strong ESG framework. Supported by supply-chain strength, ongoing capacity additions, diversification initiatives, hedging mechanisms and disciplined execution amid a supportive policy environment, Gravita is well positioned to create sustained long-term value.?

Gravita India is a manufacturer of lead, lead alloys & lead products, aluminum alloys & plastic granules, and offers turnkey solutions for the recycling industry and consultancy.

Shares of Gravita India declined 2.20% to Rs 1,520 on the BSE.

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Net profit of Gravita India rose 25.33% to Rs 97.67 crore in the quarter ended December 2025 as against Rs 77.93 crore during the previous quarter ended December 2024. Sales rose 2.07% to Rs 1017.07 crore in the quarter ended December 2025 as against Rs 996.42 crore during the previous quarter ended December 2024.

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The board of Gravita India at its meeting held on 21 January 2026 has approved the appointment of Bhupendra Kumar Dak (DIN: 06881403) as a Non-Executive Independent Director of the Company, subject to approval of Shareholders.

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