Gravita India Limited (GRAVITA) Earnings Call Transcripts

Gravita India Limited's Latest Earnings Call - Q4 FY2026

In the fourth quarter and fiscal year 2026, Gravita India Limited reported a revenue of INR 4,265 crores, reflecting a year-on-year growth of 10%. The company achieved a consolidated PAT of INR 378.80 crores, up 21% YoY, with an EBITDA margin of 10.6%. Management raised its CapEx guidance from INR 1,200 crores to INR 1,700 crores over the next four years, driven by strategic expansions in copper and lithium-ion battery recycling, signaling a strong growth trajectory despite macroeconomic challenges.

Reported metrics

Guidance from management

Management expects a CAGR of 20% to 25% in volume terms over the next three years and anticipates that the copper segment will grow by 40% to 50% in FY '27. They have raised CapEx guidance to INR 1,700 crores for strategic expansions.

What management said

Yes. Earlier CapEx was not including the copper part, which is now being added. So that is one, which is making us CapEx in next 4 years. So instead of INR 1,200 crores, we are planning to have bigger capacity especially in copper.

Yes. So we are adding copper and we -- as we already mentioned that we recently announced a capacity of 30,000 tonnes in copper, which was not there earlier. So we are very bullish on this part because we already acquired a company in value-added products in copper. So now the copper will be the bigger part of this CapEx plan in next 4 years. So that is the reason we are increasing the capacity expansion and CapEx pl...

What analysts pressed on

Analysts expressed concerns regarding the decline in aluminum segment margins and the impact of geopolitical tensions on logistics and sales. There were questions about the timeline for the hedging mechanism and its effect on future margins.

Main topics on the call

• Revenue Growth — Gravita reported a revenue of INR 4,265 crores for FY '26, a 10% increase YoY, driven by enhanced capacity utilization and operational efficiencies. Management stated, "Value-added products contributed 42% to the overall...
• Strategic Acquisitions — The acquisition of a 99.44% stake in Rashtriya Metal Industries Limited for INR 560 crores marks a significant diversification into copper. This acquisition is expected to enhance backward integration capabilities and su...
• CapEx Guidance Increase — Management raised its CapEx guidance from INR 1,200 crores to INR 1,700 crores over the next four years, primarily for copper and lithium-ion battery recycling initiatives. CEO Yogesh Malhotra emphasized, "The additional...
• Operational Challenges — Despite revenue growth, the aluminum segment faced a decline in sales due to inability to hedge and a selective sales strategy. Management noted, "The volumes are expected to pick up once the hedging mechanism is live on...

Read the full Gravita India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Gravita India Limited earnings call transcripts on record, spanning February 7, 2020 to July 28, 2026. Based on this history, Gravita India Limited reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GRAVITA

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

27

First call

February 7, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly