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Last Updated: April 2, 2026, 2:59 am
Author: Getaka|Social: XLinkedIn

Gravita India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹1,329.74Fairly Valued by 0.89%vs CMP ₹1,318.00

P/E (25.5) × ROE (21.2%) × BV (₹306.00) × DY (0.48%)

₹810.00Overvalued by 38.54%vs CMP ₹1,318.00
MoS: -62.7% (Negative)Confidence: 58/100 (Moderate)Models: 1 Under, 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,605.3023%Under (+21.8%)
Graham NumberEarnings₹597.0217%Over (-54.7%)
Earnings PowerEarnings₹219.1011%Over (-83.4%)
DCFCash Flow₹1,205.9211%Fair (-8.5%)
Net Asset ValueAssets₹306.137%Over (-76.8%)
EV/EBITDAEnterprise₹326.599%Over (-75.2%)
Earnings YieldEarnings₹517.707%Over (-60.7%)
ROCE CapitalReturns₹888.249%Over (-32.6%)
Revenue MultipleRevenue₹262.046%Over (-80.1%)
Consensus (9 models)₹810.00100%Overvalued
Key Drivers: Wide model spread (₹219–₹1,605) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 20.7%

*Investments are subject to market risks

Investment Snapshot

70
Gravita India Ltd scores 70/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health83/100 · Strong
ROCE 21.5% ExcellentROE 21.2% ExcellentD/E 0.84 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 1.72% (6mo) AccumulatingDII holding down 0.73% MF sellingPromoter holding at 55.9% Stable
Earnings Quality50/100 · Moderate
OPM stable around 9% Steady
Quarterly Momentum90/100 · Strong
Revenue (4Q): +12% YoY GrowingProfit (4Q): +33% YoY StrongOPM: 12.0% (up 4.0% YoY) Margin expansion
Industry Rank60/100 · Moderate
P/E 25.5 vs industry 15.4 Premium to peersROCE 21.5% vs industry 19.6% AverageROE 21.2% vs industry 16.9% Above peers3Y sales CAGR: 20% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:59 am

Market Cap 9,730 Cr.
Current Price 1,318
Intrinsic Value₹810.00
High / Low 2,170/1,291
Stock P/E25.5
Book Value 306
Dividend Yield0.48 %
ROCE21.5 %
ROE21.2 %
Face Value 2.00
PEG Ratio1.23

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Gravita India Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Gravita India Ltd 9,730 Cr. 1,318 2,170/1,29125.5 3060.48 %21.5 %21.2 % 2.00
MOIL Ltd 5,996 Cr. 295 406/24220.6 1331.91 %18.8 %14.7 % 10.0
Ashapura Minechem Ltd 4,646 Cr. 486 925/31612.2 1490.21 %18.6 %27.1 % 2.00
Redington Ltd 15,827 Cr. 202 335/17711.3 1153.36 %18.9 %14.4 % 2.00
Orissa Minerals Development Company Ltd 2,028 Cr. 3,381 6,139/3,100 85.40.00 %38.5 %% 1.00
Industry Average51,564.31 Cr471.3415.4197.991.59%19.57%16.87%5.18

All Competitor Stocks of Gravita India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 7897497038367588639089279961,0371,0401,0361,017
Expenses 712686645764677791820864916945939933897
Operating Profit 78635873807288638192101102120
OPM % 10%8%8%9%11%8%10%7%8%9%10%10%12%
Other Income -523231415257402936302612
Interest 910131113121312136687
Depreciation 678991277889910
Profit before tax 587061677472758589115116111115
Tax % 12%8%14%12%17%4%9%15%12%17%20%14%15%
Net Profit 50645359616968727895939697
EPS in Rs 7.279.247.548.388.739.999.7510.4310.5612.8912.6413.0113.23

Last Updated: February 5, 2026, 7:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 6:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5165014306551,0171,2421,3481,4102,2162,8013,1613,8694,130
Expenses 4724804125969261,1801,2391,2881,9982,5942,8733,5413,715
Operating Profit 442018599262109121217207287328415
OPM % 9%4%4%9%9%5%8%9%10%7%9%8%10%
Other Income -343125-12168876111104
Interest 1011911202631313844524626
Depreciation 667691218202124382936
Profit before tax 25764464304771165228274363457
Tax % 12%-33%8%19%26%34%22%20%10%10%12%14%
Net Profit 221053548193757148204242313381
EPS in Rs 3.130.970.644.786.422.254.817.6020.1929.1334.6542.3251.77
Dividend Payout % 26%21%31%13%11%13%15%14%15%15%15%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-54.55%-50.00%600.00%37.14%-60.42%94.74%54.05%159.65%37.84%18.63%29.34%
Change in YoY Net Profit Growth (%)0.00%4.55%650.00%-562.86%-97.56%155.15%-40.68%105.60%-121.81%-19.21%10.71%

Gravita India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:23%
5 Years:23%
3 Years:20%
TTM:19%
Compounded Profit Growth
10 Years:46%
5 Years:49%
3 Years:30%
TTM:33%
Stock Price CAGR
10 Years:52%
5 Years:102%
3 Years:71%
1 Year:-30%
Return on Equity
10 Years:27%
5 Years:29%
3 Years:28%
Last Year:21%

Last Updated: September 5, 2025, 5:20 am

Balance Sheet

Last Updated: December 4, 2025, 1:18 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 14141414141414141414141515
Reserves 981021051361761862112553735758242,0552,245
Borrowings 8210399166233250279261392348548286445
Other Liabilities 2631223970123110196219268217159169
Total Liabilities 2202502403554925736147269981,2051,6022,5152,874
Fixed Assets 61545468109137182172191273348436480
CWIP 661532244615134246433982
Investments 000000000116528669
Other Assets 1531901702553593904185407648851,1941,5121,643
Total Assets 2202502403554925736147269981,2051,6022,5152,874

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 18-0291-38934771020042282
Cash from Investing Activity + -8-2-10-49-42-66-14-19-69-105-158-864
Cash from Financing Activity + -106-174940-17-21-5772-87121640
Net Cash Flow -0322-46-21127559
Free Cash Flow -0-415-46-42211955-6193-56175
CFO/OP 49%5%164%6%9%164%41%73%11%108%32%101%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-38.00-83.00-81.00-107.00-141.00-188.00-170.00-140.00-175.00-141.00-261.0042.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 301925344128181518183126
Inventory Days 57817777726475115107959671
Days Payable 71281021352944714105
Cash Conversion Cycle 808894101915865871199911792
Working Capital Days 32343524184163240436678
ROCE %21%9%7%20%23%13%19%21%31%32%28%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 73.00%66.48%66.48%66.48%66.48%63.37%63.37%59.27%59.27%55.88%55.88%55.88%
FIIs 3.08%9.32%9.99%10.58%11.08%13.40%14.01%14.12%14.03%15.09%14.65%15.75%
DIIs 0.25%0.39%0.42%0.43%0.43%2.61%3.21%5.41%5.44%4.41%4.87%4.71%
Public 21.66%21.81%21.66%21.06%20.56%19.18%17.95%19.83%19.90%23.27%23.26%22.33%
Others 2.00%1.98%1.45%1.45%1.45%1.45%1.45%1.35%1.35%1.33%1.33%1.32%
No. of Shareholders 53,19062,91676,24281,52475,33575,74097,8691,25,8941,26,9541,50,6471,60,4871,46,728

Shareholding Pattern Chart

No. of Shareholders

Gravita India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Tata ELSS Fund 391,273 1.37 62.78N/AN/AN/A
UTI Small Cap Fund 391,046 1.38 62.74N/AN/AN/A
Tata Multicap Fund 211,558 1.08 33.94N/AN/AN/A
360 ONE FlexiCap Fund 187,048 1.49 30.01N/AN/AN/A
UTI Innovation Fund 162,080 3.45 26N/AN/AN/A
Tata Business Cycle Fund 157,000 0.93 25.19N/AN/AN/A
Tata Multi Asset Allocation Fund 100,000 0.33 16.04N/AN/AN/A
Tata Dividend Yield Fund 47,705 0.76 7.65N/AN/AN/A
Tata Childrens Fund 35,000 1.61 5.62N/AN/AN/A
360 ONE Balanced Hybrid Fund 30,054 0.62 4.97N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 45.1134.8829.7220.607.72
Diluted EPS (Rs.) 45.1134.8829.7220.607.72
Cash EPS (Rs.) 46.3440.5933.0324.4811.17
Book Value[Excl.RevalReserv]/Share (Rs.) 280.48123.1887.1458.0540.26
Book Value[Incl.RevalReserv]/Share (Rs.) 280.48123.1887.1458.0540.26
Revenue From Operations / Share (Rs.) 524.22457.75405.59320.91204.20
PBDIT / Share (Rs.) 59.0752.3342.1031.6817.25
PBIT / Share (Rs.) 55.1346.8338.6328.7014.31
PBT / Share (Rs.) 49.2539.7032.9623.8410.27
Net Profit / Share (Rs.) 42.4035.0929.5621.508.23
NP After MI And SOA / Share (Rs.) 42.3334.6429.1220.197.60
PBDIT Margin (%) 11.2611.4310.379.878.44
PBIT Margin (%) 10.5110.239.528.947.00
PBT Margin (%) 9.398.678.127.435.03
Net Profit Margin (%) 8.087.667.286.694.03
NP After MI And SOA Margin (%) 8.077.567.186.293.72
Return on Networth / Equity (%) 15.0928.5634.1436.0319.51
Return on Capital Employeed (%) 17.8229.0837.3937.4629.09
Return On Assets (%) 12.4214.9216.6813.977.22
Long Term Debt / Equity (X) 0.090.290.150.280.19
Total Debt / Equity (X) 0.130.650.581.000.84
Asset Turnover Ratio (%) 1.882.252.742.552.04
Current Ratio (X) 8.432.401.761.611.37
Quick Ratio (X) 5.781.020.540.500.44
Inventory Turnover Ratio (X) 5.994.033.944.034.13
Dividend Payout Ratio (NP) (%) 11.3212.330.0017.0914.18
Dividend Payout Ratio (CP) (%) 10.3610.640.0014.8910.22
Earning Retention Ratio (%) 88.6887.670.0082.9185.82
Cash Earning Retention Ratio (%) 89.6489.360.0085.1189.78
Interest Coverage Ratio (X) 10.057.347.436.524.27
Interest Coverage Ratio (Post Tax) (X) 8.215.926.215.423.04
Enterprise Value (Cr.) 13364.107350.023663.552574.70840.52
EV / Net Operating Revenue (X) 3.452.331.311.160.59
EV / EBITDA (X) 30.6620.3412.6011.777.06
MarketCap / Net Operating Revenue (X) 3.482.181.190.990.44
Retention Ratios (%) 88.6787.660.0082.9085.81
Price / BV (X) 6.518.235.685.702.32
Price / Net Operating Revenue (X) 3.482.181.190.990.44
EarningsYield 0.020.030.060.060.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Gravita India Ltd. is a Public Limited Listed company incorporated on 04/08/1992 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L29308RJ1992PLC006870 and registration number is 006870. Currently Company is involved in the business activities of Manufacturing of lead, zinc and tin products and alloys. Company's Total Operating Revenue is Rs. 3222.77 Cr. and Equity Capital is Rs. 14.76 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Mining/MineralsSaurabh, Chittora Road, Harsulia Mod, Jaipur Rajasthan 303904Contact not found
Management
NamePosition Held
Mr. Rajat AgrawalChairman & Managing Director
Mr. Yogesh MalhotraWholeTime Director & CEO
Mr. Ashok JainIndependent Director
Mr. Satish Kumar AgrawalIndependent Director
Mrs. Shikha SharmaIndependent Director
Mr. Sunil KansalWholeTime Director & CFO

FAQ

What is the intrinsic value of Gravita India Ltd and is it undervalued?

As of 11 April 2026, Gravita India Ltd's intrinsic value is ₹810.00, which is 38.54% lower than the current market price of ₹1,318.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (21.2 %), book value (₹306), dividend yield (0.48 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Gravita India Ltd?

Gravita India Ltd is trading at ₹1,318.00 as of 11 April 2026, with a FY2026-2027 high of ₹2,170 and low of ₹1,291. The stock is currently near its 52-week low. Market cap stands at ₹9,730 Cr..

How does Gravita India Ltd's P/E ratio compare to its industry?

Gravita India Ltd has a P/E ratio of 25.5, which is above the industry average of 15.41. The premium over industry average may reflect growth expectations or speculative interest.

Is Gravita India Ltd financially healthy?

Key indicators for Gravita India Ltd: ROCE of 21.5 % indicates efficient capital utilization; ROE of 21.2 % shows strong shareholder returns. Dividend yield is 0.48 %.

Is Gravita India Ltd profitable and how is the profit trend?

Gravita India Ltd reported a net profit of ₹313 Cr in Mar 2025 on revenue of ₹3,869 Cr. Compared to ₹148 Cr in Mar 2022, the net profit shows an improving trend.

Does Gravita India Ltd pay dividends?

Gravita India Ltd has a dividend yield of 0.48 % at the current price of ₹1,318.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gravita India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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