Gravity (India) Ltd
Incorporated in 1987, Gravity (India) Ltd is in the business of manufacturing of furnishing fabrics[1]
- Market Cap ₹ 149 Cr.
- Current Price ₹ 19.0
- High / Low ₹ 20.0 / 4.20
- Stock P/E 11.6
- Book Value ₹ 1.91
- Dividend Yield 0.00 %
- ROCE 159 %
- ROE 151 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 115% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
Cons
- Stock is trading at 9.96 times its book value
- Promoter holding is low: 6.05%
- Promoter holding has decreased over last 3 years: -18.2%
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 20 | 24 | 21 | 12 | 17 | 2 | 13 | 10 | 2 | 1 | 179 | |
| 28 | 20 | 25 | 21 | 13 | 17 | 3 | 13 | 11 | 10 | 4 | 162 | |
| Operating Profit | -0 | -1 | -1 | 0 | -1 | -0 | -0 | 0 | -1 | -8 | -3 | 17 |
| OPM % | -1% | -3% | -4% | 1% | -7% | -1% | -12% | 1% | -7% | -350% | -224% | 10% |
| 0 | 0 | 1 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| 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 |
| Profit before tax | -1 | -1 | 0 | 0 | 2 | -0 | -0 | 0 | -1 | -8 | -2 | 17 |
| Tax % | -4% | -12% | 400% | 2,367% | 41% | -268% | -24% | 25% | 3% | -25% | -14% | 26% |
| -1 | -1 | -0 | -1 | 1 | 0 | -0 | 0 | -1 | -6 | -2 | 13 | |
| EPS in Rs | -0.08 | -0.07 | -0.01 | -0.09 | 0.13 | 0.04 | -0.04 | 0.01 | -0.13 | -0.79 | -0.26 | 1.65 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 138% |
| 3 Years: | 160% |
| TTM: | 14588% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 115% |
| 3 Years: | 146% |
| TTM: | 739% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 55% |
| 3 Years: | 82% |
| 1 Year: | 361% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 9% |
| 3 Years: | 25% |
| Last Year: | 151% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | -5 | -7 | 6 |
| 8 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | |
| 1 | 4 | 2 | 10 | 5 | 9 | 3 | 3 | 4 | 1 | 1 | 23 | |
| Total Liabilities | 20 | 18 | 14 | 21 | 17 | 22 | 16 | 15 | 17 | 8 | 6 | 40 |
| 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -0 | 0 | -0 | -0 | -0 |
| Investments | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 16 | 15 | 12 | 19 | 15 | 19 | 13 | 13 | 14 | 5 | 4 | 39 | |
| Total Assets | 20 | 18 | 14 | 21 | 17 | 22 | 16 | 15 | 17 | 8 | 6 | 40 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 4 | -1 | 1 | -1 | 0 | -1 | 0 | -1 | -0 | -0 | 0 | |
| 2 | 0 | 3 | -0 | 3 | -0 | 0 | 0 | -0 | -0 | 1 | -0 | |
| -0 | -5 | -2 | -0 | -0 | -0 | -0 | -0 | 1 | -0 | -0 | -0 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 1 | -0 | -1 | 0 | -0 | -0 | 0 | -0 |
| Free Cash Flow | -0 | 5 | 2 | 0 | 1 | -0 | -1 | 0 | -1 | -0 | -0 | 0 |
| CFO/OP | 750% | -841% | 131% | 658% | 110% | -511% | 386% | 118% | 130% | 1% | 14% | 28% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 128 | 181 | 119 | 242 | 314 | 270 | 1,341 | 207 | 297 | 41 | 96 | 71 |
| Inventory Days | 52 | 58 | 53 | 28 | 3 | 48 | 252 | 126 | 151 | 204 | -0 | -0 |
| Days Payable | 10 | 48 | 31 | 171 | 100 | 170 | 526 | 84 | 155 | 72 | ||
| Cash Conversion Cycle | 170 | 190 | 140 | 99 | 217 | 148 | 1,066 | 249 | 294 | 173 | 96 | 71 |
| Working Capital Days | 177 | 164 | 142 | 152 | 276 | 187 | 1,479 | 234 | 288 | 81 | -488 | 26 |
| ROCE % | -3% | -5% | -7% | 0% | -8% | -1% | -2% | 1% | -7% | -81% | -38% | 159% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees Nos |
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| Fabric Production and Purchase Volume Meters |
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| Fabric Sales Volume Meters |
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| Installed Capacity (Synthetic Fabrics) Meters |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5h - Newspaper Publication for publishing Audited Financial Results for the period ended on March 31, 2026.
- Revised/Amended Result For The Year Ended On March 31, 2026 2d
- Result For The Financial Year Ended On March 31, 2026 2d
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Board Meeting Outcome for Outcome Of Board Meeting Held On May 11, 2026
2d - Board approved FY26 audited results, but auditor issued disclaimer citing missing records and GST/TDS issues.
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Board Meeting Intimation for Board Meeting Rescheduled On May 11, 2026
5 May - Board meeting for FY26 audited results postponed from May 5 to May 11, 2026.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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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
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