Gravita India Limited
Established in 1992, Gravita India Ltd is one of the largest lead producer in India. The company's business is organized across four specialized verticals: Lead Recycling (flagship), Aluminum recycling, Plastic recycling and Turnkey projects.The company also has expertise in the recycling of used batteries, cable scrap/other Lead scrap, Aluminum scrap, Plastic scrap, etc.
What Gravita files
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Gravita India announced its 34th Annual General Meeting (AGM) on September 28 via VC/OAVM. The FY26 Annual Report and e-voting details are now accessible for shareholders.
Gravita India plans a 59,200 MTPA copper recycling plant at Mundra, Gujarat, costing ₹64 Cr, funded by internal accruals. This expands non-ferrous capabilities, strengthens raw material sourcing, and targets growing recycled copper demand.
Gravita India reported strong consolidated Q1 results: Revenue 1,475.06 Cr, PAT 106.37 Cr. The company closed two subsidiaries, Gravita Metal Inc. and Recyclers South Africa, for operational efficiency with minimal financial impact. Stake in Rashtriya Metal Industries increased to 99.57% for 3.48 Cr.
Gravita India's Mundra plant achieved prestigious LME brand accreditation for its lead metal. This global quality benchmark enhances credibility, enabling worldwide delivery and opening new international business opportunities for the company.
Gravita India is setting up a Copper Recycling Plant in Mandvi, Gujarat, with ~₹160 Cr CapEx from internal accruals. The 29,400 MTPA facility, operational within 12 months, expands its non-ferrous portfolio, enhancing value addition and future profitability.