Announcement
Announcement under Regulation 30 (LODR)-Issue of Securities 30 Sep - Material subsidiary RMIL approved rights issue to raise about Rs. 94.81 crore for strategic initiatives.
Source: Bse
Gravita India Limited (GRAVITA)
Large CapMetals stocks · Large cap · NSE
Gravita India Limited's executives participated in an institutional investor meeting. The provided document does not contain a description of the company's business operations or profile.
Data qualityFresh enough for analysisQuote updated 21 Oct, 10:32 am ISTDetails
Quote21 Oct, 10:32 am IST
Base fundamentals14 Oct 2026 · screener
Latest result27 Jul, 09:42 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
40NeutralSMA20 -13.7% / mo · MACD +
Stock trend: 35
Sector RS: 46
Sector 3M: -4.6% vs Nifty 500 -5.0%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GRAVITAD candles · FIT view-12.1%TODAY · PROVISIONALLatest price ₹1427.70 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-2.1%
RSI
30
MACD hist
5.37
52W pos
25%
2026-10-21O ₹1458.00H ₹1460.10L ₹1423.10C ₹1427.70Vol 49,409 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GRAVITANifty MetalNifty 500
- GRAVITA
- -20.0%
- Nifty 500
- -5.6%
- Nifty Metal
- -3.8%
- Vs Nifty 500
- -14.4 pp
Chart stats
19 Oct 2026- From 52W high
- -24.4%
- 52W range position
- 28%
- ATR (14)
- 3.3%
- Volume vs 20D
- 0.56x
- Avg traded value
- ₹37.7 Cr
- 20D price channel
- ₹1,388 - ₹1,610.5
₹1,913.6
₹1,266.9 - ₹1,913.6
₹48.3
Latest completed session
20-session average
28.5% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE50
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average52
Revenue +41.8% · PAT +14.0% YoY
Technical
Neutral40
Price trend and sector-relative-strength timing.
Valuation
Legacy model+22.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 52/100margin compression · Rev +42% YoY · PAT +14% YoY · +26% QoQ
Filed 27 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,475 Cr | +41.8% | +25.8% |
| EBITDA | ₹110 Cr | +8.9% | -2.7% |
| Operating margin | 7.0% | -300 bps | -300 bps |
| PAT | ₹106 Cr | +14.0% | +15.2% |
| PAT margin | 7.2% | -175 bps | -65 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 28.00
- P/B
- 4.48
- EV/EBITDA
- 23.96
- Market Cap
- 10979.00Cr
Profitability
- ROE
- 15.50%
- ROCE
- 16.20%
- ROA
- 11.47%
- Dividend Y
- 0.42%
Growth (CAGR)
- Revenue 5Y
- 25.00%
- EPS 5Y
- 44.00%
- Revenue 3Y
- 15.00%
- EPS 3Y
- 19.00%
Balance Sheet
- Debt/Equity
- 0.30
- Interest Coverage
- 14.80×
- Altman Z
- 9.06
- Book Value
- 332.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- 169.00 Cr
- EPS TTM
- 53.10
Shareholding
- Promoter Hold
- 55.88%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 34%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 4,265+10.2% vs prev
Net Profit
₹ CrLatest: 378+20.8% vs prev
Return on Equity
%Latest: 2,520+19633.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 30.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~15.6% over last month) — short-term momentum negative.
- RSI(14) at 30 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 25% off 52W high · 13% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
36
RS percentile
Stage 1 Base / Transition
1M return
-9.4%
3M return
-20.0%
6M return
-11.0%
1Y return
-11.8%
RS 1D
0
RS 20D
-14
Sector rank
#11
Industry rank
-
Stage evidence
- Price is 11.6% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.3% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 93.07-1.14%
RS vs Nifty 50093
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation4/30
Growth19/25
Quality9/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
50
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
50/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 22.7%.
- Growth contributes 19/25 to the score.
Main drags
- Valuation is weaker at 4/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Quality is weaker at 9/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
28.0
PB
4.5
EV/EBITDA
24.0
ROE
15.5%
ROCE
16.2%
FCF Yield
—
Debt/Equity
0.3
MoS
+22.7%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
50
Previous: 50
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+22.7%
Previous: +21.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
51
51
51
51
50
50
50
50
50
50
50
50
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹629.81
-126.7% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹1,847.88
+22.7% MoS
PEG
0.82
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BAHETI
SME
Baheti Recycling Industries Ltd.
Metals Recycling
match 60
53
28.4
35.4%
+28%
FAIR VALUE
SUNLITE
SME
Sunlite Recycling Industries Ltd.
Metals Recycling
match 60
57
22.1
25.4%
+40%
FAIR VALUE
NRL
Small
Nupur Recyclers Limited
Metals Recycling
match 59
24
63.2
11.3%
-280%
OVERVALUED
JAINREC
Large
Jain Resource Recycling Limited
Recycling
match 55
55
27.2
30.4%
+21%
FAIR VALUE
NSLNISP
Large
NMDC Steel Limited
Metals / Mining
match 23
44
139.0
0.5%
-299%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-10-13T07:16:00.978Z
Management commentary snapshot
No financial or operational results were disclosed in this announcement of an investor meeting.
The document is an announcement of an investor meeting and explicitly states no unpublished price sensitive information was shared. Therefore, no data is available to assess or alter any investment thesis.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The provided document is an announcement of an investor meeting and contains no financial or operational results, making a comparison basis irrelevant.
Management forward view
Investor Meeting Outcome
Company executives participated in a one-on-one institutional investor meeting on August 6, 2026. No unpublished price sensitive information was shared or discussed.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 83rd percentile within Metals. Main check: financial discipline is weak at 58/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
141 docs text-extracted · 40 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Metals: 83rd pctile, median 70 · Large: 62nd pctile, median 73
Evidence depth
Financial-only
141 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 55.9%.
- ▸Promoter pledge is zero.
- ▸5 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸ROCE trend is -5.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Gravita India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper advertisement regarding opening of special window for re-lodgement of transfer requests of physical shares
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Please find Copy of Newspaper Advertisements regarding Notice of 34th AGM of the Company.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.