Gravita India Ltd: Intrinsic Value & Share Price Analysis

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

Gravita India Ltd is trading at 1,808.00 as of 03 September 2026, with a FY2026-2027 high of 1,914 and low of 1,267. The stock is currently near its 52-week high. Market cap stands at 13,343 Cr..

Q: Is Gravita India Ltd financially healthy?

Key indicators: ROCE of 17.0 % indicates efficient capital utilization. Dividend yield is 0.35 %.

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

Gravita India Ltd reported a net profit of 378 Cr in Mar 2026 on revenue of 4,265 Cr. Compared to 204 Cr in Mar 2023, the net profit shows an improving trend.

Fair Value

₹1,522.42Overvalued by 15.80%vs CMP ₹1,808.00

P/E (34.0) × ROE (16.8%) × BV (₹332.00) × DY (0.35%)

₹837.67Overvalued by 53.67%vs CMP ₹1,808.00

MoS: -115.8% (Negative)Confidence: 63/100 (Moderate)Models: 1 Fair, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹1,716.66	22%	Fair (-5.1%)
Graham Number	Earnings	₹629.81	16%	Over (-65.2%)
Earnings Power	Earnings	₹252.58	11%	Over (-86%)
DCF	Cash Flow	₹885.53	13%	Over (-51%)
Net Asset Value	Assets	₹332.25	7%	Over (-81.6%)
EV/EBITDA	Enterprise	₹414.09	9%	Over (-77.1%)
Earnings Yield	Earnings	₹531.00	7%	Over (-70.6%)
ROCE Capital	Returns	₹1,047.19	9%	Over (-42.1%)
Revenue Multiple	Revenue	₹288.96	5%	Over (-84%)
Consensus (9 models)		₹837.67	100%	Overvalued

Key Drivers: Wide model spread (₹253–₹1,717) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 12.8%

*Investments are subject to market risks

Analyst Summary

Gravita India Ltd operates in the Mining/Minerals segment, current market price is ₹1,808.00, market cap is 13,343 Cr.. At a glance, stock P/E is 34.0, ROE is 16.8 %, ROCE is 17.0 %, book value is 332, dividend yield is 0.35 %. The latest intrinsic value estimate is ₹837.67, around 53.7% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹4,265 Cr versus the prior period change of 10.2%, while latest net profit is about ₹378 Cr with a prior-period change of 20.8%. The 52-week range shown on this page is 1,914/1,267, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGravita 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 L2930…

This summary is generated from the stock page data available for Gravita India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Gravita India Ltd scores 63/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health72/100 · Strong

ROCE 17.0% GoodROE 16.8% GoodD/E 0.84 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money45/100 · Moderate

FII holding down -1.79% (6mo) SellingDII holding up 0.65% MF buyingPromoter 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 Rank40/100 · Moderate

P/E 34.0 vs industry 15.4 Premium to peersROCE 17.0% vs industry 15.2% Average3Y sales CAGR: 15% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 6:42 am

Market Cap	13,343 Cr.
Current Price	1,808
Intrinsic Value	₹837.67
High / Low	1,914/1,267
Stock P/E	34.0
Book Value	332
Dividend Yield	0.35 %
ROCE	17.0 %
ROE	16.8 %
Face Value	2.00
PEG Ratio	2.66

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

Stock P/E Current Price Intrinsic Value

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	13,343 Cr.	1,808	1,914/1,267	34.0	332	0.35 %	17.0 %	16.8 %	2.00
Gujarat Mineral Development Corporation Ltd	18,153 Cr.	571	772/400	31.8	222	1.77 %	10.8 %	8.34 %	2.00
Ashapura Minechem Ltd	5,596 Cr.	586	925/455	13.6	173	0.17 %	20.7 %	28.0 %	2.00
MOIL Ltd	5,197 Cr.	255	405/242	17.1	133	2.09 %	12.6 %	10.0 %	10.0
Deccan Gold Mines Ltd	4,759 Cr.	240	251/83.8		25.1	0.00 %	13.1 %	14.1 %	1.00
Industry Average	39,583.69 Cr	567.07		15.42	107.12	1.76%	15.21%	16.18%	5.18

All Competitor Stocks of Gravita India Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	789	749	703	836	758	863	908	927	996	1,037	1,040	1,036	1,017
Expenses	712	686	645	764	677	791	820	864	916	945	939	933	897
Operating Profit	78	63	58	73	80	72	88	63	81	92	101	102	120
OPM %	10%	8%	8%	9%	11%	8%	10%	7%	8%	9%	10%	10%	12%
Other Income	-5	23	23	14	15	25	7	40	29	36	30	26	12
Interest	9	10	13	11	13	12	13	12	13	6	6	8	7
Depreciation	6	7	8	9	9	12	7	7	8	8	9	9	10
Profit before tax	58	70	61	67	74	72	75	85	89	115	116	111	115
Tax %	12%	8%	14%	12%	17%	4%	9%	15%	12%	17%	20%	14%	15%
Net Profit	50	64	53	59	61	69	68	72	78	95	93	96	97
EPS in Rs	7.27	9.24	7.54	8.38	8.73	9.99	9.75	10.43	10.56	12.89	12.64	13.01	13.23

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: August 25, 2026, 2:30 am

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	501	430	655	1,017	1,242	1,348	1,410	2,216	2,801	3,161	3,869	4,265	4,700
Expenses	480	412	596	926	1,180	1,239	1,288	1,998	2,594	2,873	3,541	3,830	4,256
Operating Profit	20	18	59	92	62	109	121	217	207	287	328	435	444
OPM %	4.1%	4.3%	9%	9%	5.0%	8%	9%	10%	7%	9%	8%	10%	9%
Other Income	4	3	1	2	5	-12	1	6	88	76	111	77	94
Interest	11	9	11	20	26	31	31	38	44	52	46	25	30
Depreciation	6	7	6	9	12	18	20	21	24	38	29	39	45
Profit before tax	7	6	44	64	30	47	71	165	228	274	363	448	464
Tax %	-33%	8%	19%	26%	34%	22%	20%	10%	10%	12%	14%	16%
Net Profit	10	5	35	48	19	37	57	148	204	242	313	378	392
EPS in Rs	0.97	0.64	4.78	6.42	2.25	4.81	7.60	20.19	29.13	34.65	42.32	51.32	53.10
Dividend Payout %	21%	31%	13%	11%	13%	15%	14%	15%	15%	15%	15%	12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025	2025-2026
YoY Net Profit Growth (%)	-50.00%	600.00%	37.14%	-60.42%	94.74%	54.05%	159.65%	37.84%	18.63%	29.34%	20.77%
Change in YoY Net Profit Growth (%)	0.00%	650.00%	-562.86%	-97.56%	155.15%	-40.68%	105.60%	-121.81%	-19.21%	10.71%	-8.57%

Gravita India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2015-2016 to 2025-2026.

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: June 30, 2026, 5:00 am

Month	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	14	14	14	14	14	14	14	14	14	14	15	15
Reserves	102	105	136	176	186	211	255	373	575	824	2,055	2,437
Borrowings	103	99	166	233	250	279	261	392	348	548	286	736
Other Liabilities	31	22	39	70	123	110	196	219	268	217	159	229
Total Liabilities	250	240	355	492	573	614	726	998	1,205	1,602	2,515	3,417
Fixed Assets	54	54	68	109	137	182	172	191	273	348	436	939
CWIP	6	15	32	24	46	15	13	42	46	43	39	48
Investments	0	0	0	0	0	0	0	0	1	16	528	413
Other Assets	190	170	255	359	390	418	540	764	885	1,194	1,512	2,017
Total Assets	250	240	355	492	573	614	726	998	1,205	1,602	2,515	3,417

Reserves and Borrowings Chart

Cash Flow

Month	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 +	-0	29	1	-3	89	34	77	10	200	42	282	169
Cash from Investing Activity +	-2	-10	-49	-42	-66	-14	-19	-69	-105	-158	-864	-364
Cash from Financing Activity +	6	-17	49	40	-17	-21	-57	72	-87	121	640	178
Net Cash Flow	3	2	2	-4	6	-2	1	12	7	5	59	-17
Free Cash Flow	-4	15	-46	-42	21	19	55	-61	93	-56	175	-46
CFO/OP	5%	164%	6%	9%	164%	41%	73%	11%	108%	32%	101%	54%

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	-83.00	-81.00	-107.00	-141.00	-188.00	-170.00	-140.00	-175.00	-141.00	-261.00	42.00	-301.00

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	30	19	25	34	41	28	18	15	18	18	31	26
Inventory Days	57	81	77	77	72	64	75	115	107	95	96	71
Days Payable	7	12	8	10	21	35	29	44	7	14	10	5
Cash Conversion Cycle	80	88	94	101	91	58	65	87	119	99	117	92
Working Capital Days	32	34	35	24	18	4	16	32	40	43	66	78
ROCE %	21%	9%	7%	20%	23%	13%	19%	21%	31%	32%	28%	22%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	66.48%	66.48%	66.48%	63.37%	63.37%	59.27%	59.27%	55.88%	55.88%	55.88%	55.88%	55.88%
FIIs	9.99%	10.58%	11.08%	13.40%	14.01%	14.12%	14.03%	15.09%	14.65%	15.75%	13.94%	12.86%
DIIs	0.42%	0.43%	0.43%	2.61%	3.21%	5.41%	5.44%	4.41%	4.87%	4.71%	5.15%	5.52%
Public	21.66%	21.06%	20.56%	19.18%	17.95%	19.83%	19.90%	23.27%	23.26%	22.33%	23.71%	24.44%
Others	1.45%	1.45%	1.45%	1.45%	1.45%	1.35%	1.35%	1.33%	1.33%	1.32%	1.32%	1.32%
No. of Shareholders	76,242	81,524	75,335	75,740	97,869	1,25,894	1,26,954	1,50,647	1,60,487	1,46,728	1,51,337	1,57,641

Shareholding Pattern Chart

No. of Shareholders

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

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Tata ELSS Fund	391,273	1.37	62.78	N/A	N/A	N/A
UTI Small Cap Fund	391,046	1.38	62.74	N/A	N/A	N/A
Tata Multicap Fund	211,558	1.08	33.94	N/A	N/A	N/A
360 ONE FlexiCap Fund	187,048	1.49	30.01	N/A	N/A	N/A
UTI Innovation Fund	162,080	3.45	26	N/A	N/A	N/A
Tata Business Cycle Fund	157,000	0.93	25.19	N/A	N/A	N/A
Tata Multi Asset Allocation Fund	100,000	0.33	16.04	N/A	N/A	N/A
Tata Dividend Yield Fund	47,705	0.76	7.65	N/A	N/A	N/A
Tata Childrens Fund	35,000	1.61	5.62	N/A	N/A	N/A
360 ONE Balanced Hybrid Fund	30,054	0.62	4.97	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	45.11	34.88	29.72	20.60	7.72
Diluted EPS (Rs.)	45.11	34.88	29.72	20.60	7.72
Cash EPS (Rs.)	46.34	40.59	33.03	24.48	11.17
Book Value[Excl.RevalReserv]/Share (Rs.)	280.48	123.18	87.14	58.05	40.26
Book Value[Incl.RevalReserv]/Share (Rs.)	280.48	123.18	87.14	58.05	40.26
Revenue From Operations / Share (Rs.)	524.22	457.75	405.59	320.91	204.20
PBDIT / Share (Rs.)	59.07	52.33	42.10	31.68	17.25
PBIT / Share (Rs.)	55.13	46.83	38.63	28.70	14.31
PBT / Share (Rs.)	49.25	39.70	32.96	23.84	10.27
Net Profit / Share (Rs.)	42.40	35.09	29.56	21.50	8.23
NP After MI And SOA / Share (Rs.)	42.33	34.64	29.12	20.19	7.60
PBDIT Margin (%)	11.26	11.43	10.37	9.87	8.44
PBIT Margin (%)	10.51	10.23	9.52	8.94	7.00
PBT Margin (%)	9.39	8.67	8.12	7.43	5.03
Net Profit Margin (%)	8.08	7.66	7.28	6.69	4.03
NP After MI And SOA Margin (%)	8.07	7.56	7.18	6.29	3.72
Return on Networth / Equity (%)	15.09	28.56	34.14	36.03	19.51
Return on Capital Employeed (%)	17.82	29.08	37.39	37.46	29.09
Return On Assets (%)	12.42	14.92	16.68	13.97	7.22
Long Term Debt / Equity (X)	0.09	0.29	0.15	0.28	0.19
Total Debt / Equity (X)	0.13	0.65	0.58	1.00	0.84
Asset Turnover Ratio (%)	1.88	2.25	2.74	2.55	2.04
Current Ratio (X)	8.43	2.40	1.76	1.61	1.37
Quick Ratio (X)	5.78	1.02	0.54	0.50	0.44
Inventory Turnover Ratio (X)	5.99	4.03	3.94	4.03	4.13
Dividend Payout Ratio (NP) (%)	11.32	12.33	0.00	17.09	14.18
Dividend Payout Ratio (CP) (%)	10.36	10.64	0.00	14.89	10.22
Earning Retention Ratio (%)	88.68	87.67	0.00	82.91	85.82
Cash Earning Retention Ratio (%)	89.64	89.36	0.00	85.11	89.78
Interest Coverage Ratio (X)	10.05	7.34	7.43	6.52	4.27
Interest Coverage Ratio (Post Tax) (X)	8.21	5.92	6.21	5.42	3.04
Enterprise Value (Cr.)	13364.10	7350.02	3663.55	2574.70	840.52
EV / Net Operating Revenue (X)	3.45	2.33	1.31	1.16	0.59
EV / EBITDA (X)	30.66	20.34	12.60	11.77	7.06
MarketCap / Net Operating Revenue (X)	3.48	2.18	1.19	0.99	0.44
Retention Ratios (%)	88.67	87.66	0.00	82.90	85.81
Price / BV (X)	6.51	8.23	5.68	5.70	2.32
Price / Net Operating Revenue (X)	3.48	2.18	1.19	0.99	0.44
EarningsYield	0.02	0.03	0.06	0.06	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

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

As of 03 September 2026, Gravita India Ltd's intrinsic value is ₹837.67, which is 53.67% lower than the current market price of ₹1,808.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (16.8 %), book value (₹332), dividend yield (0.35 %), 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 ₹1,808.00 as of 03 September 2026, with a FY2026-2027 high of ₹1,914 and low of ₹1,267. The stock is currently near its 52-week high. Market cap stands at ₹13,343 Cr..

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

Gravita India Ltd has a P/E ratio of 34.0, which is above the industry average of 15.42. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Gravita India Ltd financially healthy?

Key indicators for Gravita India Ltd: ROCE of 17.0 % indicates efficient capital utilization; ROE of 16.8 % shows strong shareholder returns. Dividend yield is 0.35 %.

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

Gravita India Ltd reported a net profit of ₹378 Cr in Mar 2026 on revenue of ₹4,265 Cr. Compared to ₹204 Cr in Mar 2023, the net profit shows an improving trend.

Does Gravita India Ltd pay dividends?

Gravita India Ltd has a dividend yield of 0.35 % at the current price of ₹1,808.00. The company pays dividends, though the yield is modest.