Detailed Summary

Key Quantitative Figures - Standalone (Q2 FY27)

  • Revenue from Operations: ₹786.91 crore
  • Total Income: ₹795.26 crore
  • Profit Before Tax (PBT): ₹59.64 crore
  • Tax Expense: ₹12.30 crore (Current Tax: ₹9.75 crore, Deferred Tax: ₹2.56 crore)
  • Profit for the Period (Net Profit): ₹47.34 crore
  • Other Comprehensive Income (net of tax): ₹0.36 crore
  • Total Comprehensive Income: ₹47.70 crore
  • Basic & Diluted EPS: ₹6.40

Key Quantitative Figures - Standalone (H1 FY27)

  • Revenue from Operations: ₹1,647.04 crore
  • Total Income: ₹1,676.32 crore
  • Profit Before Tax (PBT): ₹144.11 crore
  • Tax Expense: ₹28.72 crore (Current Tax: ₹23.45 crore, Deferred Tax: ₹5.27 crore)
  • Profit for the Period (Net Profit): ₹115.39 crore
  • Other Comprehensive Income (net of tax): ₹0.78 crore
  • Total Comprehensive Income: ₹116.17 crore
  • Basic & Diluted EPS: ₹15.63

Key Quantitative Figures - Consolidated (Q2 FY27)

  • Revenue from Operations: ₹1,427.35 crore
  • Total Income: ₹1,445.35 crore
  • Profit Before Tax (PBT): ₹124.21 crore
  • Tax Expense: ₹22.18 crore (Current Tax: ₹15.18 crore, Deferred Tax: ₹7.00 crore)
  • Profit for the Period (Net Profit): ₹102.03 crore
  • Profit Attributable to Owners: ₹102.01 crore
  • Other Comprehensive Loss (net of tax): ₹(4.60) crore
  • Total Comprehensive Income: ₹97.43 crore
  • Total Comprehensive Income Attributable to Owners: ₹97.40 crore
  • Basic & Diluted EPS: ₹14.01

Key Quantitative Figures - Consolidated (H1 FY27)

  • Revenue from Operations: ₹2,902.41 crore
  • Total Income: ₹2,967.95 crore
  • Profit Before Tax (PBT): ₹255.49 crore
  • Tax Expense: ₹47.09 crore (Current Tax: ₹42.42 crore, Deferred Tax: ₹4.67 crore)
  • Profit for the Period (Net Profit): ₹208.40 crore
  • Profit Attributable to Owners: ₹208.40 crore
  • Other Comprehensive Loss (net of tax): ₹(15.76) crore
  • Total Comprehensive Income: ₹192.64 crore
  • Total Comprehensive Income Attributable to Owners: ₹192.70 crore
  • Basic & Diluted EPS: ₹28.61

Dividend Declaration

  • The Board declared an Interim Dividend of ₹7.70 per equity share (385%) on the face value of ₹2/- each for the financial year 2026-27.
  • The total dividend payout amounts to ₹56.83 crores.
  • The Record Date for determining shareholder eligibility is fixed as Tuesday, 3rd November 2026.
  • The payment of the interim dividend shall be completed by 25th November 2026.

Subsidiary and Associate Updates

  • The operations of Gravita Metal Inc. (GMI), a partnership firm and subsidiary, were ceased during the quarter. Management assessed no material financial impact from this cessation.
  • The company acquired an additional 0.64% equity stake in Rashtriya Metal Industries Limited (RMIL) for ₹3.59 crore during the quarter, increasing its total shareholding to 99.59% (initial 98.95% acquired in Q4 FY26).
  • The consolidated results include the financials of 24 subsidiaries, partnerships, and LLPs.
  • The standalone results include the company's share in the net profit of one partnership firm: ₹0.15 crores for the quarter and ₹0.65 crores for the half-year.

Segment Performance (Consolidated - H1 FY27)

  • Lead: Revenue ₹1,789.82 crore; Result ₹190.80 crore
  • Aluminium: Revenue ₹248.46 crore; Result ₹23.09 crore
  • Plastics: Revenue ₹51.97 crore; Result ₹6.46 crore
  • Copper: Revenue ₹795.88 crore; Result ₹52.27 crore
  • Turnkey Projects: Revenue ₹9.14 crore; Result ₹2.96 crore
  • Others: Revenue ₹4.14 crore; Result ₹(6.90) crore

Assets and Liabilities (Standalone as of 30 Sep 2026)

  • Total Assets: ₹2,601.08 crore (Non-current: ₹1,033.35 cr; Current: ₹1,567.73 cr)
  • Total Equity: ₹1,963.01 crore
  • Total Liabilities: ₹638.07 crore

Assets and Liabilities (Consolidated as of 30 Sep 2026)

  • Total Assets: ₹3,834.23 crore (Non-current: ₹1,114.15 cr; Current: ₹2,720.08 cr)
  • Total Equity: ₹2,648.97 crore (Attributable to owners: ₹2,645.02 cr)
  • Total Liabilities: ₹1,185.26 crore

Legal and Regulatory Matter

  • An appeal is ongoing against a customs demand order of ₹70.10 crore (excluding interest, fine, penalty) received from the Office of the Commissioner of Customs (Preventive), Jodhpur, for the period Oct 2017 to Jan 2019.
  • Based on legal opinion, management believes the company has a strong case and has not made any provisions, as they do not expect a material impact. The company will be entitled to claim tax credit if any liability arises.

Other Notes

  • 9,57,787 shares of the company are held by the Gravita Employee Welfare Trust.
  • The financial results are prepared in accordance with Ind AS.
  • The limited review was conducted by the statutory auditors, Walker Chandiok & Co LLP.
  • The board meeting commenced at 1:00 PM and concluded at 4:00 PM on 27th October 2026.