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.

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

The next results date for Gravity (India) Ltd is 06 February 2026.

The next results date for Gravity (India) Ltd is scheduled for 06 February 2026.

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

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

Gravity (India) Ltd's latest results are strong, with net sales up 191.14% and net profit increasing by 210.34%. However, due to past performance issues and concerns over management's confidence, a cautious approach is advised despite the positive figures.

Gravity (India) Ltd's latest results show a significant improvement, with net sales reaching ₹59.51 crores, which is a remarkable 191.14% increase quarter-on-quarter. This marks the highest quarterly sales figure in recent years. Additionally, the company reported a net profit of ₹4.50 crores, reflecting a 210.34% increase from the previous quarter. The operating margin also improved to 10.25%, up from 9.49% in the prior quarter.<BR><BR>However, while these results indicate a strong recovery, it's important to consider the context. The company has a history of erratic performance and has faced operational difficulties in the past. The sustainability of this turnaround remains uncertain, especially given the volatility in revenue and the lack of institutional investor interest. <BR><BR>Moreover, the aggressive reduction in promoter holdings raises concerns about management's confidence in the company's future. Overall, while the latest results are good in isolation, the underlying risks and historical performance suggest a cautious approach is warranted.

Why is Gravity (India) Ltd falling/rising?

As of 11-Mar, Gravity (India) Ltd's stock price is rising to 15.08, reflecting a 4.94% increase due to strong financial performance, consistent outperformance against benchmarks, and positive market sentiment. Despite a decline in delivery volume, the stock remains liquid, supported by solid fundamentals.

As of 11-Mar, Gravity (India) Ltd's stock price is rising, currently at 15.08, which reflects a change of 0.71 or 4.94% increase. This upward movement can be attributed to several key factors. Firstly, the stock has shown strong performance over various time periods, with a notable 14.42% increase over the past month and an impressive 218.14% rise over the last year, significantly outperforming the Sensex, which has only increased by 3.73% in the same timeframe.<BR><BR>Additionally, the stock has been on a positive trajectory recently, gaining for three consecutive days and achieving a total return of 15.64% during this period. Gravity (India) Ltd is also trading above its moving averages across multiple time frames, indicating a strong bullish trend. Furthermore, the company reported a remarkable growth in net profit of 210.34% and has consistently declared positive results for the last two quarters, contributing to investor confidence.<BR><BR>Despite a decline in delivery volume, which fell by 97.44% against the 5-day average, the stock remains liquid enough for trading, suggesting that the recent price increase is supported by solid fundamentals and market performance rather than speculative trading. Overall, the combination of strong financial results, consistent outperformance against benchmarks, and positive market sentiment has led to the rising stock price of Gravity (India) Ltd.

Why is Gravity (India) Ltd falling/rising?

As of 12-Mar, Gravity (India) Ltd's stock price is currently at 14.33, reflecting a decline of 4.97% after three days of gains, indicating a trend reversal. Despite this drop, the stock has performed well over the year, with a 31.47% year-to-date increase and a 208.17% rise over the past year, although it is underperforming its sector today.

As of 12-Mar, Gravity (India) Ltd's stock price is falling, currently at 14.33, which reflects a decrease of 0.75 or 4.97%. This decline comes after a period of three consecutive days of gains, indicating a trend reversal. Additionally, the stock has underperformed its sector by 7.68% today, which may contribute to the negative sentiment surrounding its price movement.<BR><BR>Despite the recent drop, it is important to note that the stock has shown strong performance over longer periods, with a year-to-date increase of 31.47% and a remarkable 208.17% rise over the past year. However, the current day's performance contrasts sharply with the overall positive trend, as the stock is lower than the 20-day moving averages, although it remains above the 5-day, 50-day, 100-day, and 200-day moving averages.<BR><BR>Investor participation has increased, with a delivery volume of 1.04 lacs on 11 March, which is up by 34.59% compared to the 5-day average. This suggests that while there is rising interest in the stock, the immediate price action is negative, likely influenced by broader market conditions and sector performance, as the textile sector has gained by 2.26% today.

Which are the latest news on Gravity (India)?