Gravity (India) Ltd
₹ 5.97
-3.71%
01 Aug
- close price
About
Incorporated in 1987, Gravity (India) Ltd is in the business of manufacturing of furnishing fabrics[1]
Key Points
- Market Cap ₹ 5.37 Cr.
- Current Price ₹ 5.97
- High / Low ₹ 8.40 / 3.72
- Stock P/E
- Book Value ₹ 2.29
- Dividend Yield 0.00 %
- ROCE -38.2 %
- ROE -65.6 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 145 to 95.7 days.
Cons
- Stock is trading at 2.61 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -13.5%
- The company has delivered a poor sales growth of -40.9% over past five years.
- Promoter holding is low: 9.90%
- Company has a low return on equity of -43.8% over last 3 years.
- Contingent liabilities of Rs.3.70 Cr.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27.65 | 27.98 | 19.72 | 23.96 | 21.37 | 11.97 | 16.90 | 2.36 | 12.68 | 10.19 | 2.22 | 1.22 | |
| 27.11 | 28.24 | 20.23 | 24.85 | 21.25 | 12.86 | 16.99 | 2.65 | 12.51 | 10.93 | 9.99 | 3.95 | |
| Operating Profit | 0.54 | -0.26 | -0.51 | -0.89 | 0.12 | -0.89 | -0.09 | -0.29 | 0.17 | -0.74 | -7.77 | -2.73 |
| OPM % | 1.95% | -0.93% | -2.59% | -3.71% | 0.56% | -7.44% | -0.53% | -12.29% | 1.34% | -7.26% | -350.00% | -223.77% |
| 0.05 | 0.13 | 0.41 | 1.11 | 0.09 | 2.77 | 0.13 | 0.13 | 0.15 | 0.04 | 0.02 | 0.75 | |
| Interest | 0.02 | 0.02 | 0.01 | 0.01 | 0.03 | 0.01 | 0.08 | 0.07 | 0.00 | 0.06 | 0.18 | 0.14 |
| Depreciation | 0.53 | 0.52 | 0.49 | 0.20 | 0.15 | 0.15 | 0.15 | 0.15 | 0.20 | 0.21 | 0.23 | 0.23 |
| Profit before tax | 0.04 | -0.67 | -0.60 | 0.01 | 0.03 | 1.72 | -0.19 | -0.38 | 0.12 | -0.97 | -8.16 | -2.35 |
| Tax % | 25.00% | -4.48% | -11.67% | 400.00% | 2,366.67% | 40.70% | -268.42% | -23.68% | 25.00% | 3.09% | -24.51% | -14.47% |
| 0.02 | -0.64 | -0.53 | -0.04 | -0.69 | 1.02 | 0.32 | -0.29 | 0.08 | -1.00 | -6.16 | -2.01 | |
| EPS in Rs | 0.02 | -0.71 | -0.59 | -0.04 | -0.77 | 1.13 | 0.36 | -0.32 | 0.09 | -1.11 | -6.84 | -2.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -27% |
| 5 Years: | -41% |
| 3 Years: | -54% |
| TTM: | -45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 67% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 35% |
| 3 Years: | 25% |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -22% |
| 3 Years: | -44% |
| Last Year: | -66% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 2.98 | 2.34 | 1.81 | 1.77 | 1.09 | 2.11 | 2.43 | 2.14 | 2.22 | 1.23 | -4.93 | -6.94 |
| 8.06 | 8.06 | 3.52 | 1.55 | 1.55 | 1.55 | 1.55 | 1.55 | 1.55 | 2.67 | 2.68 | 2.75 | |
| 2.94 | 1.01 | 4.08 | 2.15 | 9.72 | 4.57 | 8.80 | 3.11 | 2.53 | 3.74 | 0.82 | 1.19 | |
| Total Liabilities | 22.98 | 20.41 | 18.41 | 14.47 | 21.36 | 17.23 | 21.78 | 15.80 | 15.30 | 16.64 | 7.57 | 6.00 |
| 4.86 | 4.28 | 3.39 | 1.95 | 2.04 | 1.90 | 1.75 | 1.60 | 2.27 | 2.33 | 2.22 | 1.83 | |
| CWIP | 2.20 | 0.14 | 0.42 | 0.02 | 0.30 | 0.40 | 0.87 | 0.87 | 0.00 | 0.10 | 0.00 | 0.00 |
| Investments | 0.06 | 0.06 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15.86 | 15.93 | 14.54 | 12.50 | 19.02 | 14.93 | 19.16 | 13.33 | 13.03 | 14.21 | 5.35 | 4.17 | |
| Total Assets | 22.98 | 20.41 | 18.41 | 14.47 | 21.36 | 17.23 | 21.78 | 15.80 | 15.30 | 16.64 | 7.57 | 6.00 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3.84 | -2.10 | 4.24 | -1.06 | 0.73 | -1.23 | 0.36 | -1.13 | 0.18 | -0.97 | -0.11 | -0.39 | |
| 2.79 | 2.06 | 0.45 | 2.63 | -0.49 | 2.57 | -0.38 | 0.05 | 0.10 | -0.36 | -0.12 | 0.56 | |
| -0.01 | -0.02 | -4.56 | -1.97 | -0.03 | -0.01 | -0.08 | -0.07 | 0.00 | 1.05 | -0.17 | -0.06 | |
| Net Cash Flow | -1.06 | -0.06 | 0.12 | -0.40 | 0.21 | 1.33 | -0.10 | -1.14 | 0.27 | -0.28 | -0.40 | 0.11 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 170.82 | 127.84 | 180.83 | 118.67 | 242.19 | 314.08 | 269.75 | 1,340.91 | 207.26 | 297.30 | 41.10 | 95.74 |
| Inventory Days | 25.08 | 52.12 | 57.70 | 52.64 | 27.85 | 2.84 | 48.41 | 251.66 | 126.26 | 151.45 | 203.69 | 0.00 |
| Days Payable | 7.82 | 10.23 | 48.49 | 30.92 | 171.12 | 100.18 | 170.00 | 526.37 | 84.17 | 154.85 | 71.82 | |
| Cash Conversion Cycle | 188.08 | 169.74 | 190.04 | 140.39 | 98.93 | 216.74 | 148.16 | 1,066.20 | 249.34 | 293.90 | 172.97 | 95.74 |
| Working Capital Days | 154.84 | 176.63 | 164.36 | 142.13 | 151.67 | 275.66 | 186.82 | 1,478.56 | 234.31 | 288.35 | 80.56 | -487.66 |
| ROCE % | 0.30% | -3.30% | -5.40% | -7.20% | 0.50% | -7.90% | -0.86% | -2.42% | 0.94% | -7.09% | -81.22% | -38.24% |
Documents
Announcements
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Closure of Trading Window
30 Jul - Trading window closed from July 1, 2025, till 48 hours post Q1 2025 results announcement.
-
Declaration Under Section 13(3) Of SEBI (LODR) 2015
21 Jul - Quarterly investor complaints report: no complaints received or pending for Q1 2025.
-
Declaration Of Non-Applicability Of Report On Corporate Governance Under Regulation 27 (2), As Per The Exemption Given In Regulation 15 (2) (A) Of Chapter IV Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On June 30, 2025.
20 Jul - Gravity India exempt from Corporate Governance Report for Q1 FY26 due to capital and net worth limits.
- Closure of Trading Window 18 Jul
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jul
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1]
GIL is in the business of manufacturing
of Synthetic fabrics and all kinds of Shirting Furnishing and Industrial Fabric from its plant
at Village Khutali in Dadra & Nagar Haveli UT.
The company diversified into the IT sector through its Subsidiary Gravity Infotech Ltd in which Gravity India holds 80% of the paid-up share capital