ADVERTISEMENT

Gravita India Q1 Results Review - Better-Than-Expected Earnings; Capex Plan On Track: ICICI Securities

Given the focus on a circular economy, relatively better margins compared to peers and high RoE, the brokerage raises its valuation multiple to 30 times (earlier 21x) on FY26E EPS.

<div class="paragraphs"><p>Aluminium alloy ingots manufactured by Gravita India Ltd. (Source: Company website)</p></div>
Aluminium alloy ingots manufactured by Gravita India Ltd. (Source: Company website)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
To continue reading this story
Subscribe to Unlock & Enjoy your 
Subscriber-Only
 benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More