Gravita India Limited — Q1FY27 earnings call summary

Filed 28 July 2026 · Company audio recording

EBITDA per ton for copper expected around Rs.55,000, with potential rise to Rs.65-70k in ~2.5 years post capacity ramp-up.
Targeting >8 lakh MT capacity by FY29 from 4.97 lakh MT currently.
Q1 volumes up 4% YoY to 55,455 MT; overall capacity utilization ~52%, expected to normalize to ~70%.
Capex of Rs.1680 cr through FY29; Rs.850 cr for existing business expansion, balance for new verticals (Li-ion, copper, steel).
Margin improvement expected from operational efficiencies and backward integration.
Copper segment at 50% utilization, ramp-up bottlenecks to be resolved by FY27-end.
Long-term volume growth aligned with Vision 2030; short-term lead volumes impacted by Middle East supply disruptions.
Fahi facility expanded by 40,500 MT to 75,819 MT capacity.