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Gravity India Ltd (GRAVITY) · mywealthgrid

About

Gravity India Ltd operates in Other Textile Products within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹12 Cr

P/E

—

P/B

0.8×

Dividend yield

ROE

151.4%

ROCE

172.7%

Debt / equity

0.16

OPM

9.6%

EPS (TTM)

₹-0.3

Book value

₹16.6

52-week high

₹20.0

52-week low

₹5.2

₹13.7+137.2%1Y

Beta

0.12

Damps index moves

Volatility (1y)

63.6%

Annualised, daily returns

RSI (14)

52.5

Neither overbought nor oversold

Rel. strength (1y)

119.7%

Ahead of the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Revenue CAGR of 137.7% over the last 5 years
+Comfortable interest coverage of 117×
+Outperformed the universe by 119.7% over 1 year

Cons

−Low return on equity of -0.1% (3-yr avg)
−Low promoter holding of 6.1%
−Promoter holding fell 3.9 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

75/100

Business quality: 81
Growth: 33
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	20	24	22	12	17	2	13	10	2	1	179
COGS	—	—	-22	-12	-16	2	10	9	3	3	161
Gross profit	—	—	—	—	—	0	3	2	-1	-2	18
	21	25	45	24	33	1	3	2	7	1	1
	-1	-1	-1	-1	-0	-0	0	-1	-8	-3	17
OPM %	-5.1%	-4.6%	-3.4%	-7.4%	-0.5%	-12.3%	1.3%	-7.1%	-345.8%	-223.8%	9.6%
Depreciation	—	—	—	—	0	0	0	0	0	0	0
Interest	—	—	—	0	0	0	0	0	0	0	0
	0	1	0	3	0	0	0	0	0	1	1
Profit before tax	-1	-0	-1	2	-0	-0	0	-1	-8	-2	17
Tax	—	—	—	—	—	-0	0	0	-2	-0	5
Tax %	—	—	—	—	—	-23.7%	27.3%	3.1%	-24.5%	-14.5%	26.2%
	-1	-0	-1	1	-0	-0	0	-1	-6	-2	13
PAT margin %	-3.1%	-0.4%	-3.7%	8.9%	-1.1%	-12.3%	0.6%	-9.8%	-273.8%	-164.8%	7.2%
EPS (₹)	-1	-0	-0.9	1.2	-0.5	-0.4	—	-1.1	—	-2.2	28.6
EPS adjusted (₹)	—	—	—	—	-0.2	-0.3	0.1	-1.1	-6.8	-2.2	14.3
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	9	9	9	9	9	9	9
Reserves	—	2	2	1	-5	-7	6
Minority interest	—	—	0	—	—	—	—
	—	2	2	3	3	3	2
	—	3	2	4	1	1	23
Total equity & liabilities	—	16	15	17	8	6	40
	2	2	2	2	2	2	2
CWIP	—	1	0	0	0	0	—
Investments	—	0	0	0	—	0	0
	—	13	13	14	5	4	38
Total assets	—	16	15	17	8	6	40

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-1	0	-1	-0	-0	0
	0	0	-0	-0	1	-0
	-0	0	1	-0	-0	-0
Net cash flow	-1	0	-0	—	0	-0
Free cash flow	-1	0	-1	-0	-0	0
CFO / Operating profit %	—	112.5%	—	—	—	2.6%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	19.5%	21.2%	16.2%	-47.6%	-127.9%	10.1%
EBITDA margin %	-7.4%	-0.5%	-12.3%	1.3%	-7.1%	-345.8%	-223.8%	9.6%
EBIT margin %	-7.4%	-1.4%	-18.6%	-0.3%	-9.2%	-356%	-242.6%	9.5%
PAT margin %	8.9%	-1.1%	-12.3%	0.6%	-9.8%	-273.8%	-164.8%	7.2%
Working capital
Receivable days	—	—	1,341	206	296	41	96	71
Inventory days	—	—	252	126	151	190	0	0
Payable days	—	—	526	73	155	—	105	40
NWC days	—	—	1,066	259	292	—	-9	31
Leverage
Current ratio	—	—	4.35	5.95	3.64	1.23	0.52	1.56
Debt to EBITDA	—	—	—	9.69	—	—	—	0.14
Debt to equity	—	—	0.14	0.14	0.26	0.66	1.33	0.16
Interest coverage	188	-1.2	-4.4	—	-15	-44.4	-15.8	117
Asset turnover	—	—	0.15	0.85	0.62	0.3	0.2	4.44
Return ratios
Return on assets %	—	—	-1.8%	0.5%	-6%	-81.4%	-33.5%	31.8%
Return on capital employed %	—	—	-2.4%	0.9%	-7%	-89.3%	-54.8%	172.7%
Return on equity %	—	—	-2.6%	0.7%	-9.8%	-151.4%	-97.6%	86.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	24.21%	24.21%	24.21%	24.21%	24.21%	24.21%	23.37%	9.9%	5.99%	5.99%	6.05%	6.05%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	75.79%	75.79%	75.79%	75.79%	75.79%	75.79%	76.63%	90.1%	94.01%	94.01%	93.95%	93.95%
No. of shareholders	—	—	—	—	—	—	—	—	5,572	5,494	5,717	6,537

Promoter holding down 18.16 percentage points since Sep 2023.

140 deals · 9 Feb 2023 – 2 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
2 Sept 2026	SRI SURYANARAYANA RAJU VEGESNA	Bulk	BSE	Buy	50,000	₹14.97	₹0.07 Cr
10 Aug 2026	RAMAVAT MANOJ KANHIYALAL	Bulk	BSE	Sell	75,000	₹11.50	₹0.09 Cr
25 May 2026	VAGHANI VIRAJ	Bulk	BSE	Sell	64,501	₹13.24	₹0.09 Cr
12 May 2026	MANDAKINIBEN PRADYUMANBHAI PATEL	Bulk	BSE	Sell	1,33,216	₹20.04	₹0.27 Cr
12 May 2026	VAGHANI VIRAJ	Bulk	BSE	Buy	64,501	₹20.03	₹0.13 Cr
12 May 2026	AKALPYA INDIA EQUITY FUND	Bulk	BSE	Sell	50,000	₹20.04	₹0.10 Cr
12 May 2026	MANDAKINIBEN PRADYUMANBHAI PATEL	Bulk	BSE	Buy	20,526	₹20.03	₹0.04 Cr
11 May 2026	MANDAKINIBEN PRADYUMANBHAI PATEL	Bulk	BSE	Buy	3,36,558	₹19.09	₹0.64 Cr
11 May 2026	MANDAKINIBEN PRADYUMANBHAI PATEL	Bulk	BSE	Sell	2,23,868	₹19.09	₹0.43 Cr
11 May 2026	GREEN PEAKS ENTERPRISES LLP	Bulk	BSE	Sell	70,327	₹19.09	₹0.13 Cr

1–10 of 140

1 / 14

Mr. VARUN RASIKLAL THAKKARChairperson & Non-Executive Non-Independent Director
Mr. Mukesh Mahendrabhai ParmarManaging Director
Mrs. DAKSHABEN RASIKLAL THAKKARNon-Executive - Non Independent Director
Jay ThakkarChief Financial Officer
Mr. SAMIR BIPINKUMAR RUPARELIANon-Executive - Independent Director
Mr. Ankit GoelNon-Executive - Independent Director
Mr. Tushar Rai SharmaNon - Executive Non -Independent Director
Mr. Ambika JindalNon - Executive Independent Director
Mr. Kuldipsinh RathodExecutive Director
Ms. Geetanjali MalikCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Gravity India Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results10 Aug 2026

1

Right Issue of Equity Shares8 Apr 2026 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

2 announcementsExport CSV

21 Sept 2026, 2:40 pmCompany Update

Announcement under Regulation 30 (LODR)-Meeting Updates

Meeting Updates PDF

21 Sept 2026, 2:38 pmCompany Update

Announcement under Regulation 30 (LODR)-Meeting Updates

Meeting Updates PDF

Date	Category	Subject	Filing
21 Sept 2026, 2:40 pm	Company Update Meeting Updates	Announcement under Regulation 30 (LODR)-Meeting Updates	PDF
21 Sept 2026, 2:38 pm	Company Update Meeting Updates	Announcement under Regulation 30 (LODR)-Meeting Updates

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Gravity India Ltd

Gravity India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

1

1

Announcements

1

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Gravity India Ltd

Gravity India Ltd

About

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Rights issues1

Announcements

Board meetings1

Rights issues1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

1

1

1

1