Gravita India Earnings Call Transcripts
Fiscal Year 2026
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Q3 and nine months FY26 saw steady revenue and strong profit growth, with EBITDA up 15% and PAT up 32% year-on-year. Capacity expansions are on track for Q4, and the company maintains robust margins and a positive outlook for new recycling verticals.
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Steady H1 FY '26 performance with 13% revenue and 36% PAT growth year-on-year, driven by value-added products and operational efficiency. Capacity expansion and CapEx realignment support ambitious growth and diversification targets, with regulatory changes boosting domestic scrap availability.
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Q1 FY26 saw 15% revenue and 39% PAT growth, with strong EBITDA margins and 47% revenue from value-added products. Capacity expansion and diversification remain on track, with a robust capex plan and focus on operational efficiency and risk management.
Fiscal Year 2025
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Record revenue, EBITDA, and PAT were achieved in FY2025, with strong growth in value-added products and domestic scrap sourcing. Ambitious CAPEX and expansion plans target 25-30% annual growth, while maintaining high ROIC and a net debt-free position.
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Q3 FY25 saw robust revenue and profit growth, with volumes up across all segments and strong margins. Major capacity expansions, regulatory tailwinds, and a focus on value-added products support a 25%+ growth outlook, while debt is set to fall to near zero by year-end.
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Strong Q2 and H1 FY25 results with double-digit revenue, EBITDA, and PAT growth, driven by capacity expansion, regulatory tailwinds, and strategic diversification. Outlook remains robust with 25% volume CAGR and 35% profitability growth targeted, supported by new projects and market formalization.
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Q1 FY2025 saw 29% revenue and PAT growth, with strong volume increases and robust margins. Expansion in value-added products, new recycling projects, and improved working capital efficiency support a positive outlook, with 25% volume and 35% profit CAGR targeted through FY2028.