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8 | 44 | 1656.4 |
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0 | 0 | 0 |
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Gravita India Limited is a Jaipur, Rajasthan-headquartered recycling company founded in 1992 by first-generation entrepreneur Mr. Rajat Agrawal. From a single lead recycling plant in Jaipur that commenced commercial operations in 1994, the Company has evolved into a multi-metal, multi-material recycler operating across Asia, Africa, Europe and the Americas, with 12 recycling plants and 1,900+ global sourcing touch-points. Its portfolio spans lead processing (Pure Lead, Specific Lead Alloys, lead oxides and lead products), aluminium alloy manufacturing and plastics, alongside turnkey engineering solutions for lead plants. Gravita serves industries including automotive, energy storage, telecom, infrastructure and consumer goods, supported by a worldwide procurement network and own collection yards in Asia, Africa and Europe .
Geographically, the Company has a national presence in India and an international footprint including Sri Lanka, Senegal, Tanzania, Mozambique, the Netherlands, Romania and the United States, among others, under its group structure of subsidiaries and step-down subsidiaries . As of March 31, 2025, Gravita had three direct subsidiaries (India, Singapore) following the dissolution of its Ghana subsidiary during the year; in total, the Group consolidated 22 subsidiaries and related entities (including partnership firms, an LLP and a trust) during FY 2024-25 .
Key milestones include: the first overseas recycling unit in Sri Lanka (2001), listing on BSE and NSE (2010), diversification into plastics (2015) and aluminium (2016), launch of aluminium and plastic facilities in Africa (2019), a new facility at Mundra port (2021), entry into rubber recycling and MCX empanelment (2022), expansion of value-added manufacturing in Africa (2023) and a foray into rubber recycling in Europe (2025) .
– Mr. Rajat Agrawal, Chairman and Managing Director
– Mr. Yogesh Malhotra, Whole-time Director & Chief Executive Officer
– Mr. Sunil Kansal, Whole-time Director & Chief Financial Officer
– Mr. Nitin Gupta, Company Secretary
– Expanded into Europe’s rubber recycling through the acquisition/commissioning of a waste tyre recycling operation, with Gravita Europe S.R.L. becoming a step-down subsidiary on November 05, 2024 .
– Optimised sourcing: domestically sourced scrap rose by 60% in FY25 and formed 43% of total inputs, supporting logistics and supply-chain resilience; the Company operated 33 own yards and more than 1,900 touch-points globally .
– Group structure changes: during the period and up to the approval of the Board Report, several step-down subsidiaries were closed/disinvested, including entities in Jamaica, Costa Rica, Guinea, Tanzania and Ghana .
– Value-added products increased in mix, contributing 46% of total revenue.
Gravita recycles lead, aluminium and plastics, and also provides turnkey engineering solutions for lead plants. Its lead offerings include Pure Lead, Specific Lead Alloys, lead oxides and lead products .
The Company has a national presence in India and an international footprint across Asia, Africa, Europe and the Americas, supported by 12 recycling plants and extensive sourcing touch-points .
As of March 31, 2025, there were three direct subsidiaries; in total, 22 subsidiaries and related entities (including partnership firms, an LLP and a trust) were consolidated during FY 2024-25