Gravita India Ltd
About
Gravita India champions sustainability by recycling materials. It manufactures and recycles lead metal and lead products, aluminium alloys, and plastic granules. It is a leading provider of turnkey solutions for lead battery recycling and nonferrous metal around the world. Gravita’s manufacturing, turnkey solutions, raw material procurement, and EPR services are used in 38 countries across the European, American, Asian, and African markets. It is also associated with the production of lead and its alloys for industries like batteries, pigments, power cables, chemicals, and radiation protection. The company’s manufacturing facilities are located in Rajasthan, Jammu and Kashmir, Mundra, and Andhra Pradesh, and internationally in Sri Lanka and African countries like Ghana and Senegal.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3250 11.0% | 2928 28.5% | 2278 52.0% | 1499 9.2% | 1373 11.2% | 1235 16.2% | 1063 60.7% | 662 54.8% | 427 -17.1% | 515 -1.5% | 523 24.8% | 419 50.4% | 278 9.6% | 254 52.2% | 167 53.2% | 109 - |
| Net Operating Income (INR Cr) | 3161 12.86% | 2801 26.39% | 2216 57.18% | 1410 4.60% | 1348 8.54% | 1242 22.05% | 1017 55.37% | 655 51.86% | 431 -13.98% | 501 -3.07% | 517 29.43% | 400 48.56% | 269 6.02% | 254 59.79% | 159 42.90% | 111 141.52% |
| Profit (INR Cr) | 239 18.9% | 201 44.3% | 139 165.7% | 52 58.1% | 33 114.2% | 15 -64.9% | 44 34.8% | 33 648.3% | 4 -34.0% | 7 -69.0% | 21 12.0% | 19 26.6% | 15 2.0% | 15 19.7% | 12 191.3% | 4 - |
| Assets (INR Cr) | 1408 45.5% | 968 20.0% | 806 48.3% | 544 5.8% | 514 12.4% | 457 6.5% | 429 33.3% | 322 43.6% | 224 -1.4% | 227 13.8% | 200 9.3% | 183 22.6% | 149 36.7% | 109 109.1% | 52 190.8% | 18 - |
| Net Worth (INR Cr) | 837 42.2% | 589 52.2% | 387 43.9% | 269 19.4% | 225 13.0% | 199 5.1% | 190 26.3% | 150 26.0% | 119 2.7% | 116 3.8% | 112 12.4% | 99 15.0% | 86 11.6% | 77 164.4% | 29 191.4% | 10 95.0% |
| Employee Cost (INR Cr) | 131 -1.7% | 134 30.0% | 103 41.0% | 73 10.6% | 66 3.9% | 63 21.9% | 52 45.4% | 36 45.7% | 25 -2.3% | 25 14.9% | 22 26.2% | 17 28.7% | 13 89.5% | 7 72.2% | 4 21.5% | 3 - |
| Interest Cost (INR Cr) | 52 | 44 | 38 | 31 | 31 | 26 | 20 | 11 | 9 | 11 | 10 | 9 | 3 | 2 | 1 | 2 |
| Cash & Bank Balance (INR Cr) | 99 | 38 | 33 | 20 | 20 | 22 | 17 | 18 | 13 | 7 | 4 | 4 | 6 | 2 | 3 | 3 |
| Total Debt (INR Cr) | 548 | 348 | 392 | 261 | 279 | 250 | 233 | 166 | 99 | 103 | 82 | 75 | 61 | 29 | 21 | 4 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 7.4% | 6.9% | 6.1% | 3.5% | 2.4% | 1.3% | 4.2% | 4.9% | 1.0% | 1.3% | 4.1% | 4.5% | 5.4% | 5.8% | 7.4% | 3.9% |
| Profit As % Of Assets | 17.0% | 20.8% | 17.3% | 9.7% | 6.5% | 3.4% | 10.3% | 10.2% | 2.0% | 2.9% | 10.7% | 10.4% | 10.1% | 13.5% | 23.7% | 23.6% |
| Profit As % Of Networth | 28.6% | 34.2% | 36.0% | 19.5% | 14.7% | 7.8% | 23.2% | 21.8% | 3.7% | 5.7% | 19.1% | 19.2% | 17.4% | 19.0% | 42.0% | 42.1% |
| Interest Cost to EBITDA % | 18.1% | 21.5% | 47.2% | 26.9% | 32.9% | 42.3% | 22.2% | 18.5% | 50.9% | 54.0% | 25.5% | 25.6% | 13.6% | 12.6% | 6.8% | 20.0% |
| Debt to Equity Ratio | 0.65 | 0.59 | 1.01 | 0.97 | 1.24 | 1.26 | 1.23 | 1.10 | 0.83 | 0.89 | 0.73 | 0.76 | 0.70 | 0.37 | 0.72 | 0.40 |
| RONW | 34.0% | 41.8% | 45.3% | 23.0% | 22.0% | 10.0% | 28.0% | 26.1% | 5.6% | 9.0% | 23.4% | 24.0% | 18.2% | 26.0% | 59.0% | 53.4% |
| ROCE | 27.7% | 31.0% | 30.5% | 19.5% | 19.1% | 12.7% | 22.8% | 20.2% | 7.2% | 9.0% | 20.8% | 21.9% | 16.3% | 27.1% | 52.0% | 61.6% |