Gravita India Q2 results, quarter to Sep 2026

NSE: GRAVITABSE: 533282Minerals & MiningSmall Cap

Gravita India Limited · Face value ₹2 · Listed Nov 2010

₹1,387.90₹25.70 (1.82%)BSE ₹1,385.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹1,413.60.

30 Oct: open ₹1,421.00, high ₹1,424.00, low ₹1,371.10

52-week range of traded prices to 30 Oct 2026

₹1,266.90Low, 2 Apr 2026₹1,913.60High, 29 Dec 2025

Market cap: ₹10,244 Cr507th largest listed
P/E: 25.74
P/B: 3.87
Dividend yield: Nonein the last 12 months
ROE: 16.2%
ROCE: 12.1%
Debt to equity: 0.33
Volume, NSE: 2,62,29146.4% delivered

Gravita India filed its Q2 results for the quarter to Sep 2026 on 27 Oct 2026 at 8:43 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.Gravita India annual results and balance sheet

Revenue: ₹1,427 Cr+37.8% on a year ago · −3.2% on the quarter before
Operating profit: ₹134 Cr+31.3% on a year ago · +22.1% on the quarter before
Net profit: ₹102 Cr+6.3% on a year ago · −4.1% on the quarter before
Earnings per share: ₹14.01+6.3% on a year ago · −4.0% on the quarter before
Operating margin: 9.4%
Net margin: 7.1%

From revenue to net profit, ₹ crore

Revenue1,427
Materials and goods−1,167
Employee costs−54
Other expenses−73
Operating profit134
Depreciation−14
Other income+18
Finance costs−14
Profit before tax124
Tax−22
Net profit102

Gravita India results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹1,475 Cr, quarter to Jun 2026; lowest ₹758 Cr, quarter to Dec 2023

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 2 May	Jun 2025Q1Filed 28 Jul	Sep 2025Q2Filed 30 Oct	Dec 2025Q3Filed 21 Jan	Mar 2026Q4Filed 7 May	Jun 2026Q1Filed 27 Jul	Sep 2026Q2Filed 27 Oct
Revenue from operations	557	666	580	683	789	749	703	836	758	863	908	927	996	1,037	1,040	1,036	1,017	1,173	1,475	1,427
	503	597	564	624	721	686	645	764	677	791	820	864	916	945	939	933	897	1,060	1,365	1,293
Materials and goods bought	439	521	474	554	644	609	563	680	610	708	729	760	839	846	841	841	797	939	1,221	1,167
Employee costs	26	28	33	30	36	35	39	31	33	27	43	46	34	37	45	40	46	52	61	54
Other expenses	38	48	57	40	41	41	43	52	34	56	49	58	43	63	54	53	54	70	83	73
Operating profit before depreciation	54	70	16	59	69	63	58	73	80	72	88	63	81	92	101	102	120	113	110	134
Operating margin	9.6%	10.5%	2.7%	8.6%	8.7%	8.5%	8.3%	8.7%	10.6%	8.4%	9.7%	6.8%	8.1%	8.9%	9.7%	9.9%	11.8%	9.6%	7.4%	9.4%
Depreciation and amortisation	5	5	5	6	6	7	8	9	9	12	7	7	8	8	9	9	10	11	14	14
Other income	4	−1	50	7	4	23	23	14	15	25	7	40	29	36	30	26	12	9	48	18
Finance costs	7	15	11	10	9	10	13	11	13	12	13	12	13	6	6	8	7	4	11	14
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	46	49	50	50	58	70	61	67	74	72	75	85	89	115	116	111	115	106	131	124
	4	3	5	5	7	6	9	8	12	3	7	13	11	20	23	15	18	14	25	22
Current tax	3	2	7	2	9	13	7	9	13	8	10	14	12	17	20	17	14	19	27	15
Deferred tax	1	1	−2	3	−1	−7	2	−1	−1	−5	−3	−2	−1	2	3	−2	4	−5	−2	7
Tax rate	9.6%	7.1%	10.6%	10.4%	12.5%	8.3%	14.1%	12.2%	16.7%	3.9%	9.4%	15.1%	12.4%	17.2%	19.7%	13.8%	15.3%	13.3%	19.0%	17.9%
	41	46	45	45	50	64	53	59	61	69	68	72	78	95	93	96	97	92	106	102
Belonging to the company's shareholders	39	41	43	45	50	64	52	58	60	69	67	72	78	95	93	96	98	92	106	102
Belonging to outside owners of subsidiaries	2	4	2	0	0	0	0	1	1	0	1	0	0	0	0	0	0	0	0	0
Other comprehensive income	2	−4	−4	−3	18	−11	−2	−5	0	−4	−19	−1	16	−12	36	1	21	−18	−11	−5
Total comprehensive income	43	41	41	42	68	53	50	54	62	65	49	71	94	83	129	97	118	74	95	97
Net margin	7.4%	6.8%	7.7%	6.6%	6.4%	8.5%	7.5%	7.0%	8.1%	8.0%	7.5%	7.8%	7.8%	9.2%	8.9%	9.3%	9.6%	7.8%	7.2%	7.1%
Earnings per share	₹5.81	₹6.11	₹6.28	₹6.59	₹7.42	₹9.43	₹7.70	₹8.52	₹8.74	₹9.92	₹9.82	₹10.66	₹11.35	₹13.04	₹12.81	₹13.18	₹13.41	₹12.62	₹14.60	₹14.01

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.Gravita India segment results by year

Lead
Revenue, ₹ crore
680
767
832
837
839
912
928
927
915
1,000
955
835
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
72
79
83
90
90
114
116
112
119
108
110
89
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Aluminium
Revenue, ₹ crore
52
58
48
69
124
100
94
94
83
94
111
138
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
3
3
5
5
13
5
7
7
2
2
11
12
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Plastics
Revenue, ₹ crore
18
23
21
19
26
19
16
13
15
26
27
28
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
2
3
3
4
4
0
1
1
2
6
3
3
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Copper
Revenue, ₹ crore
52
376
420
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
2
16
29
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Turnkey Projects
Revenue, ₹ crore
6
13
7
2
5
6
1
1
3
0
5
4
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
4
4
2
1
1
0
0
0
1
−1
2
1
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Others
Revenue, ₹ crore
2
3
0
0
3
0
0
0
1
1
2
2
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
0
0
0
0
1
0
−1
−2
0
−1
−3
−4
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26

₹ crore	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue of all businesses	758	863	908	927	996	1,037	1,040	1,036	1,017	1,173	1,475	1,427
Company revenue, as in its results	758	863	908	927	996	1,037	1,040	1,036	1,017	1,173	1,475	1,427
Revenue	680	767	832	837	839	912	928	927	915	1,000	955	835
Revenue growth	3.2%	22.9%	42.6%	11.6%	23.3%	18.8%	11.5%	10.8%	9.1%	9.7%	2.9%	−10.0%
Profit	72	79	83	90	90	114	116	112	119	108	110	89
Profit growth	29.9%	42.6%	78.8%	62.2%	23.6%	44.7%	40.1%	23.8%	33.1%	−5.7%	−5.3%	−20.3%
Margin	10.7%	10.3%	9.9%	10.8%	10.7%	12.5%	12.5%	12.0%	13.0%	10.8%	11.5%	10.7%
Assets	1,047	1,132	1,228	1,237	1,366	1,275	1,264	1,379	1,477	1,381	1,392	1,401
Liabilities	246	264	303	331	263	192	223	202	156	124	144	164
Capital employed	801	868	924	905	1,103	1,083	1,041	1,177	1,321	1,257	1,249	1,237
Revenue	52	58	48	69	124	100	94	94	83	94	111	138
Revenue growth	−49.7%	−37.0%	−43.8%	16.8%	136.6%	73.4%	95.9%	36.8%	−33.3%	−6.8%	17.1%	46.5%
Profit	3	3	5	5	13	5	7	7	2	2	11	12
Profit growth	−60.9%	−62.5%	44.1%	70.3%	262.2%	52.7%	41.5%	42.8%	−86.0%	−54.6%	71.7%	79.5%
Margin	6.7%	5.4%	9.7%	6.7%	10.2%	4.8%	7.0%	6.9%	2.1%	2.3%	10.3%	8.5%
Assets	153	165	176	242	161	224	153	146	130	127	154	190
Liabilities	135	158	206	206	106	69	51	38	22	43	45	47
Capital employed	18	7	−29	36	56	155	103	109	108	84	109	143
Revenue	18	23	21	19	26	19	16	13	15	26	27	28
Revenue growth	−22.2%	10.1%	13.4%	−1.3%	44.3%	−15.8%	−20.4%	−32.3%	−39.3%	33.7%	62.3%	117.8%
Profit	2	3	3	4	4	0	1	1	2	6	3	3
Profit growth	−52.0%	−15.1%	−15.7%	13.5%	93.4%	−88.3%	−69.5%	−79.5%	−63.3%	1,522.9%	262.1%	308.1%
Margin	12.8%	13.1%	15.1%	18.8%	17.2%	1.8%	5.8%	5.7%	10.4%	22.2%	12.9%	10.7%
Assets	44	61	73	57	38	46	63	65	69	64	68	82
Liabilities	17	20	24	14	20	12	11	15	16	7	19	24
Capital employed	27	41	49	43	18	34	52	51	53	57	49	57
Revenue	–	–	–	–	–	–	–	–	–	52	376	420
Profit	–	–	–	–	–	–	–	–	–	2	16	29
Margin	–	–	–	–	–	–	–	–	–	4.7%	4.2%	6.9%
Assets	–	–	–	–	–	–	–	–	–	833	960	1,005
Liabilities	–	–	–	–	–	–	–	–	–	275	262	397
Capital employed	–	–	–	–	–	–	–	–	–	558	697	608
Revenue	6	13	7	2	5	6	1	1	3	0	5	4
Revenue growth	–	16.5%	−53.3%	–	–	−55.2%	–	–	–	–	–	–
Profit	4	4	2	1	1	0	0	0	1	−1	2	1
Profit growth	–	−62.6%	−76.3%	–	–	−97.5%	–	–	–	–	–	–
Margin	62.1%	27.9%	34.6%	56.1%	21.4%	1.6%	68.8%	43.1%	33.1%	−125.0%	42.3%	22.0%
Assets	33	27	34	27	32	28	37	20	16	5	11	24
Liabilities	28	9	16	6	24	14	8	16	10	11	7	5
Capital employed	5	18	18	21	9	14	30	3	6	−6	4	19
Revenue	2	3	0	0	3	0	0	0	1	1	2	2
Profit	0	0	0	0	1	0	−1	−2	0	−1	−3	−4
Margin	1.7%	13.4%	18.2%	50.0%	30.6%	14.8%	−203.2%	−500.0%	−18.1%	−109.2%	−108.6%	−249.1%
Assets	2	1	1	1	3	3	49	76	79	79	72	93
Liabilities	3	4	5	4	3	2	4	7	11	12	23	25
Capital employed	−1	−3	−3	−2	0	1	45	69	68	68	48	68

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

Gravita India results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Lead

Aluminium

Plastics

Copper

Turnkey Projects

Others