Gravita India Ltd
Established in 1992, Gravita India Ltd is one of the largest lead producer in India. The company's business is organized across four specialized verticals: Lead Recycling (flagship), Aluminum recycling, Plastic recycling and Turnkey projects.
The company also has expertise in the recycling of used batteries, cable scrap/other Lead scrap, Aluminum scrap, Plastic scrap, etc.
- Market Cap ₹ 14,039 Cr.
- Current Price ₹ 2,033
- High / Low ₹ 2,700 / 730
- Stock P/E 76.4
- Book Value ₹ 73.5
- Dividend Yield 0.26 %
- ROCE 36.6 %
- ROE 47.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 56.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.5%
- Company has been maintaining a healthy dividend payout of 33.9%
Cons
- Stock is trading at 27.6 times its book value
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -9.63%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Part of BSE Commodities BSE SmallCap Nifty Total Market Nifty Microcap 250 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
256 | 338 | 334 | 353 | 533 | 787 | 1,059 | 1,172 | 1,226 | 1,894 | 2,524 | 2,679 | 2,863 | |
242 | 314 | 327 | 343 | 493 | 729 | 1,018 | 1,100 | 1,161 | 1,813 | 2,422 | 2,478 | 2,667 | |
Operating Profit | 14 | 24 | 7 | 10 | 40 | 58 | 42 | 73 | 65 | 81 | 102 | 202 | 196 |
OPM % | 6% | 7% | 2% | 3% | 7% | 7% | 4% | 6% | 5% | 4% | 4% | 8% | 7% |
12 | 3 | 7 | 4 | 1 | 1 | 12 | -9 | 10 | 6 | 59 | 52 | 58 | |
Interest | 6 | 9 | 9 | 8 | 9 | 18 | 23 | 27 | 26 | 30 | 34 | 32 | 28 |
Depreciation | 1 | 2 | 3 | 3 | 3 | 5 | 7 | 9 | 9 | 9 | 11 | 13 | 14 |
Profit before tax | 20 | 16 | 2 | 3 | 28 | 36 | 24 | 28 | 40 | 49 | 116 | 208 | 212 |
Tax % | 8% | 7% | -205% | -1% | 19% | 30% | 21% | 20% | 20% | 18% | 13% | 14% | |
18 | 15 | 5 | 3 | 23 | 25 | 19 | 22 | 32 | 40 | 101 | 180 | 184 | |
EPS in Rs | 2.64 | 2.18 | 0.75 | 0.48 | 3.36 | 3.71 | 2.76 | 3.25 | 4.66 | 5.76 | 14.65 | 26.02 | 26.63 |
Dividend Payout % | 30% | 37% | 27% | 42% | 18% | 19% | 11% | 22% | 24% | 52% | 30% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 30% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 57% |
3 Years: | 74% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 118% |
3 Years: | 119% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 33% |
3 Years: | 38% |
Last Year: | 47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 64 | 73 | 76 | 79 | 102 | 122 | 136 | 150 | 175 | 194 | 295 | 443 | 494 |
55 | 67 | 90 | 94 | 160 | 207 | 216 | 230 | 212 | 322 | 286 | 268 | 268 | |
29 | 23 | 16 | 10 | 24 | 64 | 119 | 86 | 186 | 229 | 251 | 315 | 401 | |
Total Liabilities | 162 | 177 | 196 | 197 | 299 | 407 | 485 | 481 | 587 | 758 | 846 | 1,039 | 1,177 |
12 | 42 | 37 | 38 | 54 | 82 | 107 | 117 | 115 | 140 | 177 | 203 | 209 | |
CWIP | 7 | 2 | 3 | 12 | 23 | 14 | 9 | 3 | 5 | 15 | 14 | 8 | 10 |
Investments | 41 | 22 | 27 | 27 | 29 | 17 | 24 | 15 | 10 | 9 | 10 | 9 | 9 |
103 | 111 | 129 | 120 | 192 | 294 | 345 | 346 | 457 | 594 | 645 | 819 | 950 | |
Total Assets | 162 | 177 | 196 | 197 | 299 | 407 | 485 | 481 | 587 | 758 | 846 | 1,039 | 1,177 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 4 | -1 | 7 | -9 | -18 | 54 | 20 | 53 | -21 | 96 | 91 | |
0 | -5 | -8 | -4 | -40 | -10 | -34 | -0 | -2 | -41 | -22 | -15 | |
-3 | 0 | 9 | -4 | 52 | 27 | -18 | -22 | -50 | 61 | -68 | -82 | |
Net Cash Flow | -0 | -0 | 0 | -1 | 3 | -2 | 2 | -3 | 1 | -1 | 6 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 37 | 23 | 30 | 41 | 49 | 37 | 18 | 19 | 20 | 20 | 29 |
Inventory Days | 63 | 48 | 79 | 60 | 70 | 69 | 52 | 55 | 88 | 79 | 64 | 76 |
Days Payable | 36 | 16 | 12 | 6 | 11 | 31 | 42 | 28 | 45 | 16 | 17 | 30 |
Cash Conversion Cycle | 59 | 69 | 90 | 84 | 100 | 87 | 47 | 45 | 63 | 82 | 67 | 76 |
Working Capital Days | 68 | 73 | 100 | 99 | 98 | 95 | 69 | 73 | 74 | 68 | 54 | 68 |
ROCE % | 17% | 17% | 7% | 5% | 17% | 18% | 13% | 18% | 17% | 17% | 27% | 37% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6h - Schedule of Analyst/ Institutional Investor's meeting with the company
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Nov - Cancellation of Analyst/Institutional Investor meeting on Nov 18, 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Nov - Cancellation of Analyst/Institutional Investor meeting.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Nov - Schedule of Analyst/Institutional Investor meeting on Nov 18.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
13 Nov - Gravita Netherlands acquires 30.15% stake in Navam Lanka.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Oct 2024Transcript PPT REC
-
Jul 2024Transcript PPT REC
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT REC
-
Nov 2023Transcript PPT REC
-
Oct 2023TranscriptNotesPPT
-
Jul 2023Transcript PPT REC
-
May 2023Transcript PPT REC
-
Jan 2023Transcript PPT
-
Jan 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
-
Jan 2021TranscriptNotesPPT
-
Aug 2020Transcript PPT
-
Jun 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
Mar 2019TranscriptNotesPPT
-
Mar 2018TranscriptNotesPPT
Product Portfolio
Co’s product is classified into 5 verticals: Lead recycling, Aluminium recycling, Plastic recycling, Rubber recycling, and Turnkey Solutions. Some of its products are Pure Lead, Specific Lead Alloy, Lead sheets, Lead powder, Pet flakes, etc.[1]