| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,427 | 1,036 | +37.8% |
| EBITDA | 134 | 102 | +31.3% |
| EBITDA margin | 9.4% | 9.9% | −0.5 pts |
| Profit before tax | 124 | 111 | +11.6% |
| Net profit | 102 | 96.0 | +6.3% |
| EPS | ₹14.01 | ₹13.18 | +6.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 9,915 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 472 | 463 | 586 | 52.3 | 31.5 | ||
| 4.0 | 6.8 | 7.6 | 13.2 | 12.8 | ||
| 732 | 732 | 282 | 545 | 344 | ||
| 10,180 | — | — | — | — | ||
| 5,092 | 4,265 | 3,869 | 3,161 | 2,801 | ||
| — | +10.2% | +22.4% | +12.9% | — | ||
| 476 | 435 | 324 | 284 | 198 | ||
| 9.3% | 10.2% | 8.4% | 9.0% | 7.1% | ||
| 427 | 396 | 295 | 246 | 174 | ||
| 398 | 378 | 313 | 242 | 204 | ||
| 7.8% | 8.9% | 8.1% | 7.7% | 7.3% | ||
| ₹53.92 | ₹51.33 | ₹42.33 | ₹32.41 | ₹27.25 | ||
| — | +21.3% | +30.6% | +18.9% | — | ||
| — | 169 | 282 | 42.4 | 200 | ||
| — | −216 | −107 | −98.2 | −108 | ||
| −46.4 | −46.4 | 175 | −55.8 | 91.9 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 9,915.0 | |
| - Cash, Equiv & ST Investments | 31.5 | 52.3 | 585.7 | 463.3 | 471.7 | |
| + Minority Interest | 12.8 | 13.2 | 7.6 | 6.8 | 4.0 | |
| + Total Debt | 344.5 | 545.1 | 282.3 | 732.3 | 732.3 | |
| Enterprise Value | — | — | — | — | 10,179.6 | |
| Revenue | 2,800.6 | 3,160.8 | 3,868.8 | 4,265.3 | 5,092.2 | |
| Growth %, YoY | — | +12.9 | +22.4 | +10.2 | — | |
| EBITDA | 197.6 | 283.6 | 324.1 | 434.9 | 476.0 | |
| Margin % | 7.06 | 8.97 | 8.38 | 10.20 | 9.35 | |
| EBIT | 173.7 | 245.6 | 295.0 | 396.1 | 426.7 | |
| Net Income | 204.1 | 242.3 | 312.9 | 378.3 | 397.7 | |
| Margin % | 7.29 | 7.67 | 8.09 | 8.87 | 7.81 | |
| EPS, Adj (current shares) | 27.25 | 32.41 | 42.33 | 51.33 | 53.92 | |
| Growth %, YoY | — | +18.9 | +30.6 | +21.3 | — | |
| Cash from Operations | 200.1 | 42.4 | 282.2 | 169.3 | — | |
| Capital Expenditures | -108.2 | -98.2 | -107.3 | -215.7 | — | |
| Free Cash Flow | 91.9 | -55.8 | 174.9 | -46.4 | -46.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Gravita India (NSE: GRAVITA) had a market capitalisation of ₹10,432 crore at the 29 October 2026 close (₹1,413.60 a share), a PE ratio of 26.2 on the last four quarters' profit and a price-to-book ratio of 3.94. In FY26 its consolidated net profit was ₹379 crore on revenue of ₹4,265 crore; in Q2 FY27 (July–September 2026) it was ₹102 crore, up 6.3% year on year. Its debt-to-equity ratio was 0.33 on 30 September 2026. Promoters held 55.88% of the shares on 30 September 2026.
Gravita India's PE ratio is 26.2 at the 29 October 2026 close (₹1,413.60 a share): a market capitalisation of ₹10,432 crore divided by consolidated net profit of ₹398 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹379 crore) it is 27.5.
No. Gravita India had borrowings of ₹868 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.33. Its cash and current investments were ₹581 crore, so its net debt was ₹287 crore.
Gravita India's debt-to-equity ratio was 0.33 on 30 September 2026: borrowings of ₹868 crore against total equity of ₹2,649 crore. A year earlier, on 30 September 2025, it was 0.19.
Gravita India's price-to-book (PB) ratio is 3.94 at the 29 October 2026 close: a market capitalisation of ₹10,432 crore divided by shareholders' equity (book value) of ₹2,645 crore on 30 September 2026. That is a book value of ₹358.40 per share against a share price of ₹1,413.60.
Gravita India's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,645 crore on 30 September 2026, up 17.1% from ₹2,260 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹10,432 crore at the 29 October 2026 close.
In FY26, Gravita India's return on equity (ROE) was 16.8% and its return on capital employed (ROCE) was 16.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 21.5% and ROCE 17.4%.
Gravita India's market capitalisation was ₹10,432 crore at the 29 October 2026 close: 7.38 crore shares at ₹1,413.60 each.
Gravita India's basic earnings per share (EPS) were ₹52.02 in FY26, against ₹45.11 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹54.64.
In 2026, Gravita India has declared one dividend: ₹7.70 (interim) with record date 3 November 2026.
Gravita India's book value per share was ₹358.40 on 30 September 2026: shareholders' equity of ₹2,645 crore divided by the 7.38 crore shares in issue, up 17.1% from ₹306.20 a year earlier. The share price at the 29 October 2026 close was ₹1,413.60.
Gravita India's latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit ₹102 crore, up 6.3% from ₹96 crore in Q2 FY26; revenue from operations ₹1,427 crore, up 37.8% year on year.
In FY26 (April 2025–March 2026), Gravita India's consolidated net profit was ₹379 crore, up 21.3% from ₹312 crore in FY25, on revenue from operations of ₹4,265 crore (up 10.2%). Over three years, from FY23, net profit was up 88.4%.
Promoters held 55.88% of Gravita India on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Gravita India generated ₹169 crore of cash from operations and spent ₹216 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹46.4 crore. In FY25 it was ₹175 crore.
Gravita India has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Gravita India's shares were held by promoters 55.88%, foreign portfolio investors (FII/FPI) 11.78%, domestic institutions (DII) 4.90% (including mutual funds at 3.09%) and retail and other non-institutional investors 26.14%. Over the year, FII holding was down 2.88 percentage points from 14.66% and DII holding was up 0.03 percentage points from 4.87%.
On FY26 consolidated figures, against Exide Industries, Amara Raja Energy & Mobility and Jain Resource Recycling: Gravita India's operating margin of 9.3% is the highest of the four (Exide Industries 7.1%, Amara Raja Energy & Mobility 6.4%, Jain Resource Recycling 5.7%; peer average 6.4%); its return on equity of 16.8% is the second highest of the four (Exide Industries 6.1%, Amara Raja Energy & Mobility 11.6%, Jain Resource Recycling 22.6%; peer average 13.4%).
At the 29 October 2026 closing prices, on FY26 net profit, Gravita India's PE ratio is 27.5, the second highest of the four: Exide Industries 34.3, Amara Raja Energy & Mobility 14.4 and Jain Resource Recycling 26.9, a peer average of 25.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Gravita India earned net profit of ₹379 crore on revenue of ₹4,265 crore, against ₹854 crore on ₹17,995 crore for Exide Industries. Gravita India's operating margin was 9.3% (Exide Industries 7.1%) and its return on equity 16.8% (Exide Industries 6.1%). At the 29 October 2026 close, Gravita India's market capitalisation was ₹10,432 crore against ₹29,291 crore for Exide Industries, and its PE ratio on FY26 profit 27.5 against 34.3.
From Gravita India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.