Gravita India Limited — Investor Meet, 01-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Gravita India posted strong Q1 FY26 results with revenue up 15% YoY to INR 1,040 Cr, EBITDA increasing 22% to INR 111.7 Cr, and PAT soaring 39% to INR 93.26 Cr. Profitability improved due to 47% value-added product contribution and strategic sourcing from African plants boosting margins. Lead EBITDA per ton was INR 21,790, with a sustainable outlook of INR 19-20/kg. The company targets 7 LMTPA capacity by FY28 (from 3.4 LMTPA), planning INR 350 Cr capex for FY26 to add 100k MT, focusing on lead, rubber, and pilot lithium-ion recycling. Management is confident on achieving volume CAGR >25% and profitability growth >35% by FY29, driven by expansion and diversification.