Gravity India Ltd Stock Price Today (NSE: GRAVITY)

Gravity India Ltd

13.24+0.63 (+5.00%)
Market Closed

Fundamental Score

...

Gravity India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Gravity India Ltd share price today is 13.24, up +5.00% on NSE/BSE as of 22 June 2026. Gravity India Ltd (GRAVITY) is a Small-cap company in the Other Textile Products sector with a market capitalisation of 7.61 (Cr). The 52-week high for GRAVITY share price is 20.04 and the 52-week low is 5.10. At a P/E ratio of 4.91x, GRAVITY is currently trading below its industry average P/E of 20.18x. The company has a Return on Equity (ROE) of -65.58% and a debt-to-equity ratio of 0.66.

Gravity India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
20.04
Low
11.44
Volume
2.3L
Change
-24.04%

Gravity India Ltd share price chart: -24.04% return over the past month. 52-week high ₹20.04, 52-week low ₹5.10.

Gravity India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
13.2413.2413.2413.2412.89K (Cr)
12.3912.6112.3912.6166.97K (Cr)
10.9112.0110.8712.012.70L (Cr)
11.4411.4411.4411.4435.39K (Cr)
12.0412.6612.0412.041.65L (Cr)
13.0013.9912.6712.673.33L (Cr)
13.3313.3313.3313.3356.27K (Cr)
14.0314.0314.0314.0310.17K (Cr)
14.7614.7614.7614.768.79K (Cr)
15.5315.5315.5315.5314.44K (Cr)

Gravity India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
12.3913.2412.3913.24+6.86%
14.9820.0410.8712.01-19.83%
12.0015.4810.2214.28+19.00%
14.9315.5611.4312.16-18.55%
11.1518.5210.5115.71+40.90%
11.2015.9310.3111.27+0.63%
8.1313.058.0310.90+34.07%
7.218.556.408.55+18.59%
6.007.215.107.18+19.67%
7.007.005.516.30-10.00%
6.327.245.786.90+9.18%
5.726.795.376.20+8.39%

AI Research Briefing

Powered by Gemini · 2026-04-10

This is a micro-cap textile stock trading on hope and rights issue proceeds, not fundamentals.

Research Confidence
8.0/10High
DEBT TRAP TURNAROUNDPrice has increased in the last 1M, 3M and 6M, but this is likely due to penny stock speculation and rights issue news.P/E of 4.91x looks cheap vs. industry P/E of 20.18x, but ROE is disastrous.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Gravity India approved a rights issue to raise up to Cr by issuing shares at each. The record date to determine eligible shareholders for the rights issue was April 8, 2026. The rights issue opens on April 27, 2026, and closes on May 25, 2026.

CORE STORY (THE REAL GAME)

Survival play. Gravity is trying to raise capital through a rights issue to stay afloat, given its poor financials. This is not a growth story; it's about avoiding collapse.

Why Now
  • Rights issue to raise ₹70 Cr
  • Penny stock speculation
  • Record date for rights issue was April 8, 2026
Potential Catalysts
  • Successful rights issue subscription
  • New order wins (unlikely)
  • Positive news flow in textile sector
Key Risks
  • Micro/SME cap: Liquidity risk is high
  • Negative ROE of -65.58%
  • Promoter holding low at 5.99% and decreasing (Δ -3.91%)
  • History of regulatory issues
Institutional Activity

Promoter holding is low and decreasing, signaling lack of confidence.

Macro Context

The Indian textile sector is seeing increased government support, but Gravity's fundamentals are too weak to capitalize.

Cash Flow Quality

Negative Free Cash Flow 5Y: ₹-2.59 Cr.

3–6 Month Outlook

The next 3-6 months depend entirely on the success of the rights issue. Without it, the company faces significant challenges.

Primary Thesis Risk

Failure of the rights issue will likely lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-65.58%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-38.24%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-39.62%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Gravity India Ltd Valuation Check

Excellent

Price to Earnings (P/E)

4.91x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.18x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Average

Promoter Holding

5.99%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

205.07%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

20340.00%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-40.89%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.66x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

22.63x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-2.59 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Gravity India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GRAVITY across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Attractive Valuation (P/E: 4.91 vs Industry: 20.18)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (205.07%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (20340.00%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Strong Interest Coverage (22.63x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (-65.58%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-38.24%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-39.62%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-40.89% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Negative Free Cash Flow (₹-2.59 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Low Promoter Commitment (5.99%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Gravity India Ltd vs Other Textile Products Peers

Peer Comparison - Other Textile Products

Compare Gravity India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
25.3/100
13
₹7.61
4.9
Average
-65.58%
Poor
-38.24%
Poor
0.7
Good
-40.89%
Poor
0.00%
KPR Mill Ltd...
KPRMILL532889
55.7/100
938
₹35671.14
42.6
Average
17.04%
Good
19.84%
Good
0.1
Excellent
16.53%
Excellent
13.76%
Good
0.48%
Trident Ltd...
TRIDENT521064
36.3/100
25
₹14319.59
32.3
Average
8.23%
Poor
9.48%
Poor
0.3
Excellent
1.70%
Average
8.13%
Good
1.78%
33.5/100
140
₹13630.96
38.6
Average
13.66%
Average
14.41%
Average
0.6
Good
6.39%
Good
9.36%
Good
1.20%
39.8/100
596
₹12454.05
14.8
Average
8.95%
Poor
10.83%
Average
0.1
Excellent
8.16%
Good
7.76%
Good
1.16%
25.9/100
13
₹8296.92
-4.76%
Poor
-5.27%
Poor
2.38%
Average
0.00%
44.2/100
650
₹6880.68
33.7
Average
18.72%
Good
24.68%
Excellent
0.1
Excellent
10.71%
Good
10.07%
Good
1.15%
0/100
711
₹6827.10
86.2
Average
0.67%
Poor
2.87%
Poor
0.3
Excellent
0.00%
35.8/100
312
₹6354.49
38.6
Average
11.30%
Average
13.52%
Average
0.5
Good
9.94%
Good
14.82%
Good
0.62%
19.2/100
408
₹3950.09
28.6
Average
10.15%
Average
10.39%
Average
0.8
Good
0.00%
18.5/100
31
₹3327.69
47.7
Average
10.06%
Average
10.24%
Average
0.7
Good
21.67%
Excellent
0.80%
Average
0.00%

Gravity India Ltd Quarterly Performance

Latest quarterly metrics for GRAVITY — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

20340.00%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

205.07%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-40.89%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Gravity India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GRAVITY — calculated from daily price history

24RSI 14
Oversold — RSI 24

Selling pressure is heavy — potential reversal zone.

SMA 50
14
▼ Price below SMA 50 — Short-term bearish
SMA 200
10
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
231K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Gravity India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Gravity India Ltd (GRAVITY) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Gravity India Ltd

About GRAVITY (Gravity India Ltd)

Gravity India Ltd is a dynamic force in the realm of specialized textiles, focusing on crafting innovative and high-performance solutions beyond conventional apparel fabrics. They ...are pioneers in developing advanced materials for diverse industrial and commercial applications, pushing the boundaries of what textiles can achieve. Their offerings include technical textiles engineered for filtration, reinforcement, and protective barriers, demonstrating a commitment to functionality and durability. Gravity India Ltd also creates bespoke textile products tailored to specific client needs, ensuring that every thread counts towards optimal performance. The company's dedication to research and development allows them to stay ahead of the curve, anticipating market demands and creating groundbreaking textile solutions. Their expertise extends to manufacturing specialized fabrics for sectors ranging from healthcare to transportation. Gravity India Ltd’s medical textiles provide essential support in hygiene, wound care, and barrier protection, meeting stringent regulatory standards and demonstrating a commitment to safety and efficacy. The company also produces robust materials for automotive interiors, offering superior wear resistance and aesthetic appeal. Furthermore, their geo-textiles are used in construction and infrastructure projects, reinforcing soil and preventing erosion. By focusing on these niche segments, Gravity India Ltd has carved a unique position in the market, demonstrating expertise in both technical applications and design innovation. Gravity India Ltd operates with a clear vision of sustainability and responsible manufacturing. They strive to minimize environmental impact through innovative production processes, focusing on resource conservation and waste reduction. The company's commitment to ethical sourcing ensures that all raw materials are obtained responsibly, adhering to fair labor practices and environmental stewardship. Through continuous improvement and a dedication to quality, Gravity India Ltd maintains a strong reputation for reliability and innovation, making them a trusted partner for businesses seeking exceptional textile solutions. Their future lies in expanding their reach across new industries and developing groundbreaking materials that shape the future of textile technology.

Company Details

Symbol:GRAVITY
Industry:Other Textile Products
Sector:Other Textile Products

Key Leadership

Mr. Jay Rasiklal Thakkar
Chief Financial Officer
Mr. Manoj Kanhiyalal Ramavat
CEO, MD & Director
Ms. Geetanjali Kumari Malik
Company Secretary & Compliance Officer

GRAVITY Share Price: Frequently Asked Questions

What is the current share price of Gravity India Ltd?

Gravity India Ltd (GRAVITY) trades at ₹13.24 on NSE and BSE. Market cap ₹7.61 (Cr). Educational data only.

What is the P/E ratio of Gravity India Ltd?

Gravity India Ltd has a P/E of 4.91x vs industry average 20.18x.

What is the Bull Run score for Gravity India Ltd?

Gravity India Ltd has a Bull Run score of 25.3/100 based on 25+ financial parameters.

Does Gravity India Ltd pay dividends?

Gravity India Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Gravity India Ltd?

Gravity India Ltd has ROE of -65.58%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Gravity India Ltd?

Gravity India Ltd has debt-to-equity of 0.66.

Is Gravity India Ltd a good investment?

Bull Run gives Gravity India Ltd a score of 25.3/100. This is not investment advice — consult a SEBI-registered advisor.