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Recycling stock jumps after its net profit increases by 27.2% YoY

Leading recycling company achieved 27.2% net profit growth in Q3 FY25, driven by a 31.5% revenue rise to ₹996.4 crore, despite a dip in operating margins.
Recycling stock surges 27.2% YoY in net profit, driving strong market performance.
Recycling stock surges 27.2% YoY in net profit, driving strong market performance.

Introduction:

Leading recycling player reported a 27.2% increase in net profit to ₹78 crore for Q3 FY25, driven by a 31.5% revenue surge to ₹996.4 crore, despite a slight contraction in operating margins.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of Gravita India:

On January 23, 2025, Gravita India Ltd opened at ₹2,160.00, slightly down from its previous close of ₹2,174.05. The stock reached a high of ₹2,213.10 (+1.79%) and a low of ₹2,137.05. By 10:03 AM, it traded at ₹2,195.40, up 0.98%, with a market cap of ₹16,203.91 crore.

Gravita India Records 27.2% Growth in Net Profit for Q3 FY25:

Gravita India Ltd reported a 27.2% rise in net profit to ₹78 crore for Q3 FY25, up from ₹61.47 crore in the same quarter last fiscal year. Total comprehensive income for the quarter reached ₹93.64 crore, compared to ₹61.88 crore a year ago, marking robust growth.

The company’s revenue for the third quarter surged 31.5% to ₹996.4 crore, significantly higher than the ₹757.8 crore recorded in the corresponding period of the previous fiscal year. This growth underscores Gravita’s expanding operations and strong demand across its markets.

EBITDA for the quarter saw a marginal increase of 1%, reaching ₹80.7 crore against ₹79.8 crore in Q3 FY24. However, the EBITDA margin contracted to 8.1% from 10.5% in the year-ago quarter, reflecting pressure on operating profitability.

Recent news on Gravita India:

As of January 1, 2025, Gravita India announced that Recyclers Ghana, its step-down subsidiary, commenced commercial production of recycled aluminum alloys, with a 4,000 MTPA capacity, following a ₹6.75 crore investment funded through internal accruals.

Stock performance of Gravita India for Period of 1 week, 6 months and 1 year:

Over the past week, Gravita India saw a slight dip of 0.86%. However, it recorded a strong 27.7% growth over six months and an impressive 141% return over the past year.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Gravita India:

All values in %Dec 2024Sep 2024Jun 2024
Promoter59.30%63.40%63.40%
FII14.10%14.00%13.40%
DII5.40%3.20%2.60%
Public19.80%18.00%19.20%
Others1%1.50%1.40%
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About Gravita India:

Established in 1992, Gravita India Ltd (NSE Symbol: GRAVITA) is a leading recycler specializing in lead, aluminum, plastic, and rubber. Its diverse portfolio includes pure lead, alloys, pet flakes, and turnkey recycling solutions across multiple geographies.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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डिफेंस स्टॉक में 3% तेजी, ड्रोन, UAVs और अन्य रक्षा उत्पादों के विस्तार के लिए 12,700 करोड़ रुपये के समझौतों के बाद ।

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