Gravita India Ltd
Gravita India Ltd (GRAVITA)

Gravita India Ltd (GRAVITA)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-2.24 %
3 Month Return8.41 %
1 Year Return59.35 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 97
Rank 88
Rank 219
Dividend Yield
Rank 74
Rank 128
Price To Book Ratio
Rank 219
Debt To Asset
Rank 75

Company Information

Gravita India Ltd is a leading Indian company having stateoftheart Lead Processing unit at Jaipur in Rajasthan. The company carries out smelting of Lead Ore/ Lead Concentrate / Lead Battery Scrap to produce primary secondary Lead Metal which is further transformed into Pure Lead Specific Lead Alloy Lead Oxides Lead SubOxide Red Lead and Litharge and Lead Products Lead Sheets Lead Pipes etc. with proven technology and processes. The company specializes in producing high quality pure lead ingots with minimum purity level of 99.97 by weight. They have a quality control Laboratory consisting of Optical Emission Spectrometer OES of Spectro Germany make Atomic Absorption Spectrometer AAS to monitor the purity levels of the product.The company is an ISO 9001:2000 and 14001:2004 certified company and a certified Star Export house under Ministry of Commerce and Industry. They are also affiliated as a member with Federation of Indian Export Organisation Institute of Scrap Recycling Industries Inc and FICCI.The company has successfully established subsidiaries namely Gravita Ghana Ltd Ghana Gravita Senegal SAU Senegal Gravita Mozambique LDA Mozambique Gravita Zambia Ltd Zambia Pagrik Ethiopia PLC Ethiopia and Gravita Georgia Ltd Georgia. They have also made investment in Navam Lanka Ltd Sri Lanka and Gravita Honduras SA Honduras. These cover the continents of Africa Asia Central America and CIS Commonwealth of Independent States countries.Gravita India Ltd was incorporated on August 4 1992 as a private limited company with the name Weldtech Pvt Ltd in the state of Rajasthan. The company started their business with welding and surface coating and was appointed as stockist of Eutectic Division of Larsen and Toubro for state of Rajasthan. Later they entered into arena of manufacturing of Lead products from the battery scrap and set up a manufacturing unit at Jaipur with a capacity of 600 MT per annum.During the year 199495 the company acquired the land in Jaipur and set up of an environment friendly recycling operation of battery scrap to produce remelted lead and poly propylene chips with capacity of 600 MT. In August 2 1996 the company changed their name from Weldtech Pvt Ltd to Gravita India Pvt Ltd. In August 13 1996 the company was converted into public limited company and the name was changed to Gravita India Ltd. During the year 199697 the company diversified into Grey Oxide Litharge and Red Lead with the objective of forward integration. During the year 199798 they diversified into manufacturing of Pure Lead. Also they installed a new plant for manufacturing of Grey oxide Red Lead and Litharge.In the year 2005 the company started Pagrik Ethiopia PLC in Ethiopia their first venture in the African continent. In the year 2006 they started Gravita Ghana Ltd in Ghana for recycling Lead from Lead batteries. In the year 2007 they established three Lead Recycling Plants in the African continent namely Gravita Senegal Gravita Zambia and Gravita Mozambique. In the year 2008 they entered into Europe by establishing Gravita Georgia Ltd Georgia. During the year 200809 the company acquired Gravita Exim Ltd a group company dealing in turnkey solutions for lead processing plants.The company proposes to set up facilities to manufacture lead wool lead wire lead sheets and lead powder at Jaipur. They propose to enhance their portfolio by addition of aforesaid allied products into their manufacturing ambit. These are presently being supplied to the customers by getting them made on job work basis or procuring from the market. By venturing into setting up their own manufacturing facilities as proposed the company will derive cost benefits on account of saving in the form of transportation etc.
OrganisationGravita India Ltd
IndustryNon Ferrous Metals