On 6 Nov 2026, Gravity (India) was priced at ₹14.94, or 0.8× trailing earnings, against an industry P/E of 17.0×, and the shares are 25% below their 52-week high. Its ROCE of 101% is the highest among the 7 largest Textile Manufacturing peers, and sales grew 160% a year over 3 years. Debt is 0.16× equity. It is a small-cap company with a market cap of ₹13 Cr, ranked 213th of 246 Textile Manufacturing companies by market cap; the shares rose 105% over the past year.
- ₹15.19
- ₹15.25
- ₹14.56
- ₹14.89
- 29.1K
Health check
- ReturnsAhead
+105.4% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 0.8 vs industry 17.0.
- GrowthStrong
Sales +159.6% a year over 3 years.
- ProfitabilityStrong
ROCE 101.4% vs peer median 10.7%.
- Balance sheetSolid
Debt 0.16× equity, interest covered 114.5×, Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹13 Cr
- Small cap
- P/E
- 0.8
- Industry 17.0
- Price to book
- 0.90
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 151.4%
- Peers 10.1%
- ROCE
- 101.4%
- Peers 10.7%
- Debt to equity
- 0.16
- Debt ₹2.40 Cr
- EPS (TTM)
- ₹19.18
- OPM (TTM)
- 10.6%
- Net margin 7.9%
- Sales growth
- +19336.6%
- Latest quarter vs a year ago
- Profit growth
- +9000.9%
- Latest quarter vs a year ago
- Price to sales
- 0.06
- EV/EBITDA 0.6
Strengths and risks
Strengths
- Return on equity of 151.4%.
- Return on capital employed of 101.4%.
- Quarterly profit up 9000.9% on a year ago.
- Quarterly sales up 19336.6% on a year ago.
- P/E of 0.8 against an industry P/E of 17.0.
About Gravity (India)
Gravity (India) Limited provides IT solutions in India. The company offers software development, cloud solutions, cybersecurity, IT consulting, and managed services, custom web and software solutions, and electronic and IT devices. It is also involved in research and development activities. The company was incorporated in 1987 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Employees
- 24
- Sector
- Consumer Cyclical
- ISIN
- INE995A01013
- Website
- gravityindialtd.com
Price range
- Avg volume (3M)
- 58.8K
- 1-year return
- plus 105.4%
- From 52-week high
- minus 25.4%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| GRAVITYGravity (India) | 14.94 | plus 0.34% | 13 | 0.8 | 0.90 | 101.4% | 151.4% | 10.6% | 159.6% | – | 0.00% | plus 105.4% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.3 | 20.4 | 59.5 | 99.2 | 60 | |
| 0.2 | 18.5 | 53.4 | 90 | 52 | |
| 0.1 | 1.9 | 6.1 | 9.3 | 8 | |
| 48.3% | 9.5% | 10.3% | 9.3% | 13.3% | |
| 0 | 0.1 | 0 | 0.1 | 0.1 | |
| 0 | – | 0 | 0.1 | 0 | |
| 0.1 | 0.1 | 0.1 | −0 | 0 | |
| 0.1 | 2 | 6 | 9.3 | 8.1 | |
| 25.2% | 25.9% | 25.2% | 26.8% | 25.4% | |
| 0.1 | 1.4 | 4.5 | 6.8 | 6 | |
| 0.07 | 1.42 | 4.41 | 6.69 | 6.67 |
Profit & loss
- Sales CAGR 3Y
- +159.6%
- ROE
- 151.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.2 | 2.3 | 1.2 | 179 | |
| – | minus 78.0% | minus 45.8% | +14551.8% | |
| 11 | 10 | 4 | 162 | |
| −0.7 | −7.8 | −2.8 | 17.2 | |
| −7.2% | −344.8% | −226.0% | 9.6% | |
| 0 | 0 | 0.6 | 0.6 | |
| 0.1 | 0.2 | 0.1 | 0.2 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| – | – | 0.2 | – | |
| −1 | −8.2 | −2.3 | 17.4 | |
| −3.2% | 24.5% | 14.6% | 26.1% | |
| −1 | −6.2 | −2 | 12.9 | |
| -0.98 | -6.04 | -1.97 | 12.58 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9 | 9 | 9 | 9 | |
| 1.2 | −4.9 | −6.9 | 5.9 | |
| 2.7 | 2.7 | 2.8 | 2.4 | |
| 3.7 | 0.8 | 1.2 | 23.1 | |
| 16.6 | 7.6 | 6 | 40.4 | |
| 2.4 | 2.2 | 1.9 | 1.7 | |
| 0.1 | – | – | – | |
| – | 0.1 | 0.1 | 0.2 | |
| 0.5 | 0.1 | 0.2 | 0.1 | |
| 13.6 | 5.1 | 3.8 | 38.3 | |
| 16.6 | 7.6 | 6 | 40.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1 | −0.1 | −0.4 | 0.4 | |
| −0.4 | −0.1 | 0.6 | −0.1 | |
| 1.1 | −0.2 | −0.1 | −0.4 | |
| −0.3 | −0.4 | 0.1 | −0 | |
| −0.4 | −0.1 | – | −0.1 | |
| −1.3 | −0.2 | −0.4 | 0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.