Non-Ferrous Metals company Gravita India announced Q3FY26 results Revenue in Q3FY26 stood at Rs 1,017 crore; although sequentially lower than Q2FY26 (Rs 1,036 crore) it remained higher than the year-ago Q3FY25 level of Rs 996 crore. Q3FY26 EBITDA was Rs 116.1 crore, up 13% YoY, translating into an 11.4% margin (vs 10.3% in Q3FY25). Q3FY26 PAT came in at Rs 97.7 crore, up “25%+” YoY, with the PAT margin expanding to 9.6% from 7.8% a year earlier. Volume & Unit Economics: Total processed volume in Q3FY26 declined a marginal 1% YoY, yet higher value realisation kept topline and profitability growing. EBITDA per tonne in Q3FY26 was: Lead Rs 23,035, Aluminium Rs 14,215, and Plastic Rs 10,462 showing YoY gains for Lead and Plastic while Aluminium remained softer. Management Commentary: “Gravita reported a stable performance in Q3 and 9MFY26, with consistent progress across operational and financial metrics across all segments. In 9MFY26, the company delivered YoY growth of 5%, 9%, 15% and 32% in volumes, revenue, EBITDA and PAT, respectively, while maintaining a healthy ROIC of 25%. Higher contribution from value-added products and increased domestic scrap sourcing reflect efficiency gains from its integrated operating model. During 9MFY26, Gravita incurred capex of Rs 125 crore across its businesses. Aligned with its VISION 2029 strategy, Gravita continues to scale capacities across its established segments; in parallel, the company is building presence in emerging recycling verticals such as lithium-ion batteries, paper and steel. Management remains focused on delivering targeted volume growth, earnings expansion and ROIC above 25%, while progressively increasing the contribution of value-added products beyond 50% and non-lead businesses above 30%, anchored by a strong ESG framework. Supported by supply-chain strength, ongoing capacity additions, diversification initiatives, hedging mechanisms and disciplined execution amid a supportive policy environment, Gravita is well positioned to create sustained long-term value.” Result PDF
Non-Ferrous Metals company Gravita India announced Q2FY26 results Revenue: Rs 1,036 crore compared to Rs 927 crore during Q2FY25, change 12%. EBITDA: Rs 111.81 crore compared to Rs 101.48 crore during Q2FY25, change 10%. EBITDA Margin: 10.80% for Q2FY26. PAT: Rs 95.99 crore compared to Rs 72.00 crore during Q2FY25, change 33%. PAT Margin: 9.27% for Q2FY26. Management Commentary: “Gravita has reported a steady performance in H1FY26, showcasing consistent strength across both operational and financial parameters in all major business verticals. Staying true to its VISION 2029 roadmap, Gravita is strategically expanding capacities across its core businesses lead, aluminium, plastic, rubber, and turnkey solutions with a target of crossing 7 LTPA by FY28. Simultaneously, it is scaling up new growth avenues such as lithium-ion, paper, and steel recycling. The company remains committed to achieving over 25% volume CAGR, 35%+ profitability growth, and 25%+ ROIC, while steadily increasing the share of value-added products beyond 50% and non-lead segments above 30%, underpinned by strong ESG principles. Coming to Q2FY26 performance, Gravita saw YoY growth of 4%, 12%, 10% & 33% in volumes, revenue, EBITDA, and PAT respectively, maintaining a healthy ROIC of 25%. Growth in value-added product contribution and domestic scrap sourcing underscores the company’s integrated model and efficiency gains. Backed by robust supply chain efficiency, capacity augmentation, strategic diversification, and consistent execution under favorable government policies, Gravita is well placed to drive long-term value creation.” Result PDF
Conference Call with Gravita India Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.