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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹104 Cr.
Stock P/E
-51.8
P/B
1.2
Current Price
₹13.3
Book Value
₹ 10.8
Face Value
10
52W High
₹20
52W Low
₹ 4.5
Dividend Yield
0%

Gravity India Overview

1. Business Overview

Gravity (India) Ltd. operates in the Textile sector. As a textile company in India, its core business likely involves the manufacturing, processing, and/or trading of various textile products. This could range from spinning yarn, weaving fabric, dyeing and finishing, to garment manufacturing or production of home textiles. The company primarily makes money through the sale of these manufactured or traded textile goods to domestic and/or international customers.

2. Key Segments / Revenue Mix

Without specific company data, the key segments for a textile company in India could typically include:

Yarn (e.g., cotton, synthetic, blended)

Fabric (e.g., grey, processed, dyed, printed)

Garments (readymade apparel for men, women, children)

Home Textiles (e.g., bed linen, bath linen, curtains)

Technical Textiles

A specific breakdown of revenue contribution by these segments is not available.

3. Industry & Positioning

The Indian textile industry is one of the largest globally, characterized by a highly fragmented structure with a mix of organized and unorganized players. It spans the entire value chain from fiber to finished garments. Gravity (India) Ltd. would likely operate within a specific niche or across multiple stages of this value chain. Its positioning relative to peers would depend on factors like its product specialization (e.g., specific fabric types, garment categories), quality focus, cost efficiency, market reach (domestic vs. export), and manufacturing scale. The industry is competitive, with numerous domestic and international players.

4. Competitive Advantage (Moat)

Without specific details, potential competitive advantages for Gravity (India) Ltd. could include:

Cost Efficiency: Leveraging economies of scale, efficient production processes, and access to raw materials to offer competitive pricing.

Product Specialization: Expertise in niche textile products or processes that are harder for competitors to replicate.

Established Relationships: Strong, long-term relationships with suppliers and customers, especially in B2B segments or export markets.

Operational Scale: Significant manufacturing capacity that allows for volume production and potentially better raw material procurement.

Brand Recognition: If the company operates in branded apparel or home textiles, a recognized brand could provide an advantage.

5. Growth Drivers

Key factors that could drive growth for Gravity (India) Ltd. over the next 3-5 years include:

Increasing Domestic Consumption: Growth in India's disposable income and changing fashion trends driving demand for apparel and home textiles.

Export Opportunities: Government initiatives and global demand shifts creating opportunities for Indian textile exports.

Value Chain Integration: Strategic investments to move up the value chain from basic fabrics to finished garments or technical textiles.

Government Support: Schemes like Production Linked Incentive (PLI) for textiles, aimed at boosting manufacturing and exports.

Modernization & Technology Adoption: Investment in advanced machinery and sustainable practices to improve efficiency and meet global standards.

6. Risks

Gravity (India) Ltd. faces several business risks common to the textile sector:

Raw Material Price Volatility: Fluctuations in prices of cotton, synthetic fibers, and dyes can impact profitability.

Fashion & Demand Shifts: Rapid changes in fashion trends and consumer preferences can lead to inventory obsolescence.

Intense Competition: Highly fragmented industry with significant domestic and international competition.

Foreign Exchange Fluctuations: For companies involved in exports or imports, currency volatility can affect revenues and costs.

Labor Costs & Availability: Reliance on labor, with potential for rising wages and labor unrest.

Regulatory & Environmental Compliance: Evolving environmental norms and trade regulations can increase operational costs.

7. Management & Ownership

As is common with many Indian companies, Gravity (India) Ltd. is likely promoter-driven, meaning the founding family or individuals maintain significant control and influence over strategic decisions. The quality of management would depend on their experience in the textile sector, ability to adapt to market changes, and execution capabilities. The ownership structure typically involves the promoter group holding a significant stake, alongside institutional and public shareholders. Specific details on the current promoters or their ownership percentages are not available.

8. Outlook

Gravity (India) Ltd. operates in a sector with significant long-term potential, driven by India's large domestic market, growing disposable incomes, and opportunities in global textile trade. The company stands to benefit from ongoing modernization of the Indian textile industry and governmental support aimed at boosting manufacturing and exports. However, the sector is also inherently cyclical and competitive, subject to raw material price volatility, changing fashion trends, and global economic fluctuations. Sustained growth will depend on the company's ability to maintain cost efficiency, innovate in product development, adapt to evolving consumer preferences, navigate trade dynamics, and manage its supply chain effectively amidst intense competition.

Gravity India Share Price

Live · BSE · Inception: 1987
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Gravity India Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 0 0 1 0 0 0 0 20 60 99
Other Income 0 0 0 0 1 0 0 0 0 0
Total Income 0 0 1 0 1 0 0 21 60 99
Total Expenditure 2 6 2 1 0 1 0 18 53 90
Operating Profit -2 -6 -1 -1 0 -1 0 2 6 9
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 -0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -2 -6 -1 -1 0 -1 0 2 6 9
Provision for Tax 0 -2 0 0 0 -0 0 1 2 3
Profit After Tax -2 -4 -1 -1 0 -0 0 1 5 7
Adjustments 0 -0 0 0 0 -0 -0 0 0 0
Profit After Adjustments -2 -4 -1 -1 0 -0 0 1 5 7
Adjusted Earnings Per Share -1.9 -3.7 -0.6 -1.4 0.3 -0.3 0.1 1.4 4.4 6.7

Gravity India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 28 20 24 21 12 17 2 13 10 2 1 179
Other Income 0 0 1 0 3 0 0 0 0 0 1 0
Total Income 28 20 25 21 15 17 2 13 10 2 2 180
Total Expenditure 28 20 25 21 13 17 3 13 11 10 4 161
Operating Profit -0 -0 0 0 2 0 -0 0 -1 -8 -2 17
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -1 -1 0 0 2 -0 -0 0 -1 -8 -2 17
Provision for Tax -0 -0 0 1 1 -1 -0 0 0 -2 -0 6
Profit After Tax -1 -1 -0 -1 1 0 -0 0 -1 -6 -2 13
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -1 -1 -0 -1 1 0 -0 0 -1 -6 -2 13
Adjusted Earnings Per Share -0.6 -0.5 -0 -0.7 1 0.3 -0.3 0.1 -1 -6 -2 12.6

Gravity India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 11 11 11 10 11 11 11 11 10 4 2
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 8 4 2 2 2 2 2 2 1 1 1
Other Non-Current Liabilities -0 -1 -1 0 1 0 0 0 -0 -2 -2
Total Current Liabilities 1 4 2 10 4 9 3 3 5 3 3
Total Liabilities 20 18 14 21 18 22 16 15 17 5 4
Fixed Assets 4 3 2 2 2 2 2 2 2 2 2
Other Non-Current Assets 1 1 0 0 1 1 1 0 0 0 0
Total Current Assets 15 14 12 19 15 19 14 13 14 3 2
Total Assets 20 18 14 21 18 22 16 15 17 5 4

Gravity India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 0 0 2 2 1 1 0 0
Cash Flow from Operating Activities -2 4 -1 1 -1 0 -1 0 -1 -0 -0
Cash Flow from Investing Activities 2 0 3 -0 3 -0 0 0 -0 -0 1
Cash Flow from Financing Activities -0 -5 -2 -0 -0 -0 -0 0 1 -0 -0
Net Cash Inflow / Outflow -0 0 -0 0 1 -0 -1 0 -0 -0 0
Closing Cash & Cash Equivalent 1 1 0 0 2 2 1 1 0 0 0

Gravity India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.62 -0.52 -0.04 -0.67 1 0.31 -0.28 0.08 -0.97 -6.03 -1.96
CEPS(Rs) -0.11 -0.04 0.16 -0.52 1.15 0.46 -0.13 0.28 -0.77 -5.81 -1.74
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 11.11 10.59 10.55 9.88 10.88 11.19 10.91 10.99 10.02 3.98 2.02
Core EBITDA Margin(%) -0.92 -2.58 -3.73 0.61 -7.39 -0.53 -12.36 1.3 -7.16 -344.84 -223.46
EBIT Margin(%) -2.31 -3 0.07 0.31 14.45 -0.65 -13.18 0.92 -8.82 -354.11 -180.95
Pre Tax Margin(%) -2.38 -3.07 0.04 0.16 14.35 -1.13 -16.06 0.89 -9.42 -362.09 -192.1
PAT Margin (%) -2.26 -2.7 -0.16 -3.2 8.52 1.9 -12.15 0.65 -9.72 -273.38 -164.01
Cash Profit Margin (%) -0.41 -0.2 0.67 -2.5 9.77 2.79 -5.72 2.23 -7.71 -263.16 -145.52
ROA(%) -2.98 -2.81 -0.23 -3.86 5.21 1.61 -1.49 0.52 -6.23 -56.19 -44.81
ROE(%) -5.45 -4.8 -0.34 -6.57 9.62 2.84 -2.54 0.74 -9.27 -86.21 -65.44
ROCE(%) -3.29 -3.5 0.12 0.56 14.24 -0.85 -2.42 0.92 -7.03 -81.25 -38.26
Receivable days 147.76 180.99 133.65 187.42 372.91 245.88 1636.12 226.94 276.35 692.03 84.8
Inventory Days 34.89 60.03 46.76 41.33 24.7 23.82 264.42 68.42 125.5 428.12 0
Payable days 8.86 31.58 34.23 103.28 198.55 121.33 979.61 86.3 120.38 250.39 92.81
PER(x) 0 0 0 0 1.52 3.34 0 62.06 0 0 0
Price/Book(x) 0.15 0.16 0.35 0.27 0.14 0.09 0.17 0.46 0.33 0.91 1.97
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.33 0.23 0.21 0.18 0.11 0.05 1.21 0.46 0.55 2.8 5.42
EV/Core EBITDA(x) -71.87 -46.27 23.7 17.32 0.68 21.58 -17.93 18.48 -8.02 -0.81 -3.34
Net Sales Growth(%) 1.19 -29.53 21.55 -10.76 -44 41.18 -86.04 440.62 -19.77 -77.98 -45.75
EBIT Growth(%) -1194.11 8.92 102.71 319.3 2472.07 -106.3 -185.09 137.84 -867.23 -784.11 72.28
PAT Growth(%) -2959.77 16.26 93.01 -1740.95 248.84 -68.57 -189.47 128.73 -1307.78 -519.37 67.46
EPS Growth(%) -2958.53 16.26 93 -1740.95 248.84 -68.57 -189.47 128.73 -1307.75 -519.39 67.46
Debt/Equity(x) 0.71 0.33 0.14 0.15 0.14 0.14 0.14 0.14 0.26 0.66 1.34
Current Ratio(x) 15.17 3.35 5.27 1.98 3.51 2.14 3.93 5.1 2.59 1.23 0.52
Quick Ratio(x) 11.69 2.65 3.79 1.82 3.49 1.91 3.55 3.74 1.93 0.54 0.52
Interest Cover(x) -34.83 -40.46 2.37 2 149.57 -1.34 -4.58 25.92 -14.83 -44.4 -16.22
Total Debt/Mcap(x) 4.66 2.05 0.41 0.58 1 1.45 0.83 0.3 0.79 0.72 0.68

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -50% -57% -43% -28%
Operating Profit CAGR
PAT CAGR
Share Price CAGR +139% +57% +40% +20%
ROE Average -65% -54% -33% -15%
ROCE Average -38% -42% -26% -11%

Gravity India Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 6.05 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 93.95 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 24.2124.2124.2124.2124.2123.379.95.995.996.05
FII 0000000000
DII 0000000000
Public 75.7975.7975.7975.7975.7976.6390.194.0194.0193.95
Others 0000000000
Total 100100100100100100100100100100

Gravity India Peer Comparison

Gravity India Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Gravity India Pros & Cons

Pros

  • Debtor days have improved from 250.39 to 92.81days.

Cons

  • Promoter holding is low: 6.05%.
  • Company has a low return on equity of -54% over the last 3 years.
  • Earnings include an other income of Rs. 1 Cr.
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