Gravita India has released an investor presentation detailing the company’s performance and future strategies. Key highlights include a focus on sustainable recycling, VISION 2029 targets, and capacity expansion plans. The company aims to increase its recycling verticals, profitability, and the contribution of value-added products. It is also focused on environmental responsibility and social governance.
Company Overview
Gravita India focuses on recycling and sustainability. The company aims to be a leading player in the recycling space globally. It focuses on fairness, trust, respect, passion, and nurturing relationships.
Financial Performance
The company’s VISION 2029 includes:
- Achieving 25%+ ROIC
- Increasing value-added products to 50%+
- Growing non-lead business to 30%+
- Reducing energy consumption by 10%+
Financial Highlights
Key figures presented:
- Revenue CAGR (5 years): 23%
- PAT CAGR (5 years): 57%
Expansion and Strategy
The company’s strategic initiatives involve:
- Expanding capacity and exploring new recycling verticals like lithium-ion batteries.
- Increasing value-added product contributions.
- Improving resource efficiency.
Capacity Expansion & CAPEX
Gravita is expanding its capacity with corresponding capital expenditure (CAPEX) investments. The company is planning for a capacity of 7,00,000+ MTPA by FY 2028 and has outlined its CAPEX plan to support this growth.
Strengths
Gravita’s strengths include:
- Turnkey Recycling Technology Solutions
- Strong Customer Network – Global
- Deep Routed Procurement Network
Environmental Initiatives
Gravita has several environmental initiatives. It includes:
- 11.1% green energy (biofuels + RE) in total energy usage
- 23% energy consumption from alternative fuels (AFR)
Source: BSE
