Gravity (India)

Who are the top shareholders of the Gravity (India)?

The top shareholders of Gravity (India) are Varun Rasiklal Thakkar with 10.41%, Kshemtech Media Private Limited at 7.78%, and individual investors holding a combined 59.09%. Currently, there are no institutional holdings from mutual funds or foreign investors.

The top shareholders of Gravity (India) include Varun Rasiklal Thakkar, who holds the highest promoter stake at 10.41%. The highest public shareholder is Kshemtech Media Private Limited, with a holding of 7.78%. Additionally, individual investors collectively hold a significant portion of 59.09%. There are no institutional holdings from mutual funds or foreign institutional investors reported at this time.

Who are in the management team of Gravity (India)?

As of March 2021, the management team of Gravity (India) includes Varun Thakkar (Chairman & Managing Director), Dakshaben R Thakkar (Director), Samir Ruparelia (Additional Independent Director), and Manish Kakrai (Company Secretary & Compliance Officer).

As of March 2021, the management team of Gravity (India) includes the following individuals:<BR><BR>1. Dakshaben R Thakkar - Director<BR>2. Varun Thakkar - Chairman & Managing Director<BR>3. Samir Ruparelia - Additional Independent Director<BR>4. Manish Kakrai - Company Secretary & Compliance Officer<BR><BR>Each of these members plays a significant role in the governance and management of the company.

Has Gravity (India) declared dividend?

No Dividend History Available

Who are the peers of the Gravity (India)?

Peers of Gravity (India) include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Kiran Syntex, Sybly Industries, and SKS Textiles. Gravity (India) has below-average management risk and a 1-year return of 31.34%, outperforming Vedant Fashions and Trident, which have negative returns.

Peers: The peers of Gravity (India) are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Svarnim Trade Ud, Kiran Syntex, Sybly Industries, and SKS Textiles.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted at Trident, and Below Average management risk is seen at Gravity (India), Kiran Syntex, Sybly Industries. Growth is Excellent at K P R Mill Ltd and Page Industries, Good at Trent, and Below Average at Gravity (India), Vedant Fashions, Trident, Kiran Syntex, and Sybly Industries. Capital Structure is Excellent at K P R Mill Ltd and Page Industries, Good at Trident, and Below Average at Gravity (India), Kiran Syntex, and Sybly Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.65%. Gravity (India) has a 1-year return of 31.34%, which is higher than both. Additionally, Vedant Fashions and Trident have negative six-month returns.

What is the technical trend for Gravity (India)?

As of June 5, 2025, Gravity (India) shows a bullish trend supported by positive weekly MACD and Bollinger Bands, although caution is advised due to a mildly bearish monthly MACD and weekly Dow Theory signals.

As of 5 June 2025, the technical trend for Gravity (India) has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. Daily moving averages are also bullish, suggesting strong short-term support. However, the weekly Dow Theory is mildly bearish, which could temper enthusiasm. Overall, the current stance is bullish with strong indicators from MACD, Bollinger Bands, and moving averages, despite some mixed signals from the monthly perspective.

What does Gravity (India) do?

Gravity (India) Ltd manufactures synthetic fabrics and operates in the garments and apparels industry, while also having a subsidiary in the IT sector. As of March 2025, it reported a net profit of -3 Cr and has a market cap of INR 6 Cr.

Overview: <BR>Gravity (India) Ltd is engaged in the manufacturing of synthetic fabrics and various types of shirting, furnishing, and industrial fabric, operating within the garments and apparels industry as a micro-cap company.<BR><BR>History: <BR>Incorporated in 1987, Gravity (India) Ltd is based in Bombay. The company has diversified into the IT sector through its subsidiary, Gravity Infotech Ltd, in which it holds 80% of the paid-up share capital. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -3 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 6 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.34 <BR>Return on Equity: -99.51% <BR>Price to Book: 2.74 <BR><BR>Contact Details: <BR>Address: Gala No 131 Sanjay Bldg No 5-B, Mittal Indl Est AK Rd AndheriE Mumbai Maharashtra : 400059 <BR>Fax: 91-22-28595429 <BR>Email: gravityindia27@gmail.com <BR>Website: http://www.gravityindia.net

How big is Gravity (India)?

As of 24th July, Gravity (India) Ltd has a market capitalization of 6.00 Cr and reported Net Sales of 1.21 Cr with a Net Profit loss of 2.01 Cr in the latest four quarters. Shareholder's Funds are 4.07 Cr and Total Assets are 5.43 Cr as of March 2024.

As of 24th July, Gravity (India) Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Gravity (India) reported Net Sales of 1.21 Cr. However, the company experienced a Net Profit loss of 2.01 Cr during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's Funds stand at 4.07 Cr, while Total Assets are valued at 5.43 Cr.

How has been the historical performance of Gravity (India)?

Gravity (India) has experienced a significant decline in financial performance, with net sales dropping from 21.39 Cr in Mar'19 to 1.22 Cr in Mar'25, resulting in negative operating profit and a loss of 2.01 Cr in profit after tax. The company's financial health has deteriorated, reflected in negative reserves of -6.94 Cr and an earnings per share of -2.23.

Answer:<BR>The historical performance of Gravity (India) has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Gravity (India) experienced a notable decline in net sales from 21.39 Cr in Mar'19 to just 1.22 Cr in Mar'25, reflecting a downward trend over the years. Total operating income followed a similar trajectory, decreasing from 21.39 Cr in Mar'19 to 1.22 Cr in Mar'25. The company faced increasing total expenditure, which peaked at 17.00 Cr in Mar'20 before dropping to 3.95 Cr in Mar'25. Operating profit margins turned negative, with an operating profit of -1.98 Cr in Mar'25 compared to a positive 0.22 Cr in Mar'19. Profit before tax also deteriorated, moving from a slight profit of 0.03 Cr in Mar'19 to a loss of 2.35 Cr in Mar'25. Consequently, profit after tax reflected a similar decline, from a profit of 0.32 Cr in Mar'20 to a loss of 2.01 Cr in Mar'25. The company's reserves turned negative, reaching -6.94 Cr in Mar'25, and earnings per share fell sharply to -2.23 in the same period. Overall, Gravity (India) has faced significant challenges in maintaining sales and profitability, leading to a decline in financial health over the years.

Is Gravity (India) overvalued or undervalued?

As of November 20, 2025, Gravity (India) is considered very expensive and overvalued with a PE ratio of 4.73 and concerning financial metrics, making it a less attractive investment at its current price of 8.15.

As of 20 November 2025, the valuation grade for Gravity (India) has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 4.73, an EV to EBITDA ratio of 9.90, and a ROE of 75.24%. In comparison to peers, K P R Mill Ltd has a much higher PE ratio of 44.69, while Trident, which is rated attractive, has a PE of 32.81, further highlighting Gravity's relative overvaluation.<BR><BR>The company's financial metrics suggest a concerning outlook, particularly with a ROCE of -72.94%, which raises red flags about operational efficiency. Despite a strong stock performance in the past year, with a return of 7.38% compared to the Sensex's 10.38%, the overall valuation metrics indicate that Gravity (India) is not a sound investment at its current price of 8.15.

Should I buy, sell or hold Gravity (India) Ltd?

When is the next results date for Gravity (India) Ltd?

The next results date for Gravity (India) Ltd is 11 May 2026.

The next results date for Gravity (India) Ltd is scheduled for 11 May 2026.

Are Gravity (India) Ltd latest results good or bad?

Gravity (India) Ltd's latest results show strong revenue growth of 66.76% to ₹99.24 crores and a net profit increase of 51.78%, but concerns remain due to a decline in operating margin and negative Return on Capital Employed, along with a significant drop in promoter holding. Caution is advised as the company faces structural challenges despite its recent turnaround.

Gravity (India) Ltd's latest results present a mixed picture. On one hand, the company has shown a remarkable operational turnaround, with revenue soaring to ₹99.24 crores in Q4 FY26, a significant increase of 66.76% from the previous quarter. This follows an impressive growth trajectory, as revenue was just ₹0.31 crores in Q1 FY26 and ₹59.51 crores in Q3 FY26. Additionally, net profit for the quarter reached ₹6.83 crores, reflecting a 51.78% increase quarter-on-quarter.<BR><BR>However, while the topline growth is commendable, there are underlying concerns. The operating margin has slightly compressed to 9.34%, down from 10.25% in the previous quarter, indicating potential pressures from rising costs or competitive pricing. Furthermore, the company's capital efficiency remains a significant issue, with a negative Return on Capital Employed (ROCE) of -72.94%, suggesting that it is still consuming capital rather than generating returns.<BR><BR>The drastic reduction in promoter holding—from 23.37% to just 6.05%—raises questions about management's confidence in the business's future. Additionally, the absence of institutional investors further complicates the outlook, as it indicates a lack of broader market validation for the company's recovery.<BR><BR>In summary, while Gravity (India) has achieved impressive revenue growth and a return to profitability, the structural challenges and valuation concerns suggest that caution is warranted. Investors should closely monitor the company's ability to sustain this momentum in the upcoming quarters.

Why is Gravity (India) Ltd falling/rising?

As of 15-May, Gravity (India) Ltd's stock price is at 17.19, down 4.98% and part of a broader decline with a total drop of 14.22% over three days. Despite strong long-term gains, short-term pressures are negatively impacting investor interest and price momentum.

As of 15-May, Gravity (India) Ltd's stock price is falling, currently at 17.19, reflecting a decrease of 0.9 or 4.98%. This decline is part of a broader trend, as the stock has been underperforming recently, with a consecutive fall over the last three days resulting in a total drop of 14.22%. Additionally, the stock has underperformed its sector by 5.26% today.<BR><BR>Investor participation has also decreased significantly, with delivery volume on 14 May dropping by 95.89% compared to the 5-day average, indicating reduced interest from investors. Although the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average, suggesting a short-term weakness in price momentum.<BR><BR>In the context of recent performance, the stock has experienced a 5.50% decline over the past week, while it has shown strong gains over longer periods, such as a 43.85% increase over the last month and a remarkable 244.49% rise over the past year. However, the current downward movement indicates that short-term pressures are affecting the stock's price negatively.

Which are the latest news on Gravity (India)?