About Gravity India
Gravity India is a publicly listed company based in Mumbai (India) founded in 1987. Contract manufacturer of fabric. The company has 13 employees. Its Indian entity Gravity (India) Limited reported revenue of ₹180 Cr. Its focus areas include Retail, Contract Manufacturers, Fashion and Fabric. Similar companies include Alok Industries, Jaykay Enterprises and Sportking.
Company details
Gravity India, founded in 1987 in Mumbai, India, focuses on engaging in retail operations, contract manufacturers, dealing with fashion products, and fabric. Contract manufacturer of fabric. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 13
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website gravityindia.net
- Legal Name Gravity (India) Limited
- Market Cap₹118 Cr
GRAVITY · BSE
- Share Price₹14.80
-1.92% today
- Revenue₹179 Cr
FY 2025-26 · - YoY
- EBITDA₹17.15 Cr
Margin 9.6%
- Net Profit₹12.85 Cr
FY 2025-26 · +739.3% YoY
- P/E (TTM)4.7x
P/B 1.2x
- ROE151.4%
ROCE 157.3%
- Debt / Equity0.30
Interest cover 0.9x
- Employee Count13
Associated legal entities of Gravity India
Gravity India is associated with 2 registered companies on The Company Check; the primary company is Gravity (India) Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gravity (India) Limited Listed CIN L62099MH1987PLC042899 | Active | 13 Mar 1987 | Bhiwandi, Maharashtra | ₹180 Cr | 13 | 9 | View details |
| Gravity (India) Limited CIN L17110MH1987PLC042899 | 13 Mar 1987 | Thane, Maharashtra, India | View details |
Board of directors of Gravity (India) Limited (Gravity India)
Gravity (India) Limited is the primary company behind Gravity India. The board of Gravity (India) Limited currently have 7 directors; the longest-serving is Dakshaben Rasiklal Thakkar, appointed in 1987. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dakshaben Rasiklal Thakkar DIN 00576846 | Director | 13 Mar 1987 | 39 yrs 7 mo | Gravity (India) Limited |
| Varun Rasiklal Thakkar DIN 00894145 | Director | 02 Oct 2016 | 10 yrs 1 mo | Gravity (India) Limited |
| Samir Bipinkumar Ruparelia DIN 08551666 | Director | 13 Aug 2019 | 7 yrs 2 mo | Gravity (India) Limited |
| . Ambika DIN 10310252 | Director | 27 May 2025 | 1 yr 5 mo | Gravity (India) Limited |
| Tushar Rai Sharma DIN 09211414 | Director | 27 May 2025 | 1 yr 5 mo | Gravity (India) Limited |
| Mukesh Mahendrabhai Parmar DIN 11473295 | Additional Director | 08 Jan 2026 | 10 mo | Gravity (India) Limited |
| Kuldipsinh Rathod DIN 11473323 | Additional Director | 09 Jan 2026 | 10 mo | Gravity (India) Limited |
People of Gravity India
1 people are tracked at Gravity India (1 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Gravity India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Gravity India
Gravity India is a publicly listed company on the BSE with ticker symbol GRAVITY in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Sep 1996
- Listed onBSE: 532015
- Listed entityGravity (India) Limited
- Exchange sectorProcess industries
- ISININE995A01013
- Share price₹15.26 (+0.79% on the day) · 2026-10-14
- Market capitalisation₹118 Cr
- Price to earnings0.8
- EPS (diluted, trailing year)₹19.19
- Volume (last session)15,043
Financials of Gravity India
Exchange-reported figures of Gravity (India) Limited, the listed company behind Gravity India (BSE: GRAVITY).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 179 | 1.22 | 2.25 | 10.24 | 12.76 | 2.36 | 16.91 |
| Revenue growth | - | -45.8% | -78.0% | -19.8% | +440.7% | -86.0% | - |
| EBITDA | 17.15 | (2.73) | (7.77) | (0.73) | 0.17 | (0.30) | (0.10) |
| EBITDA margin | +9.6% | -223.8% | -345.3% | -7.1% | +1.3% | -12.7% | -0.6% |
| Profit before tax | 17.40 | (2.35) | (8.16) | (0.96) | 0.12 | (0.39) | (0.20) |
| Net profit | 12.85 | (2.01) | (6.16) | (0.99) | 0.09 | (0.30) | 0.31 |
| Net profit margin | +7.2% | -164.8% | -273.8% | -9.7% | +0.7% | -12.7% | +1.8% |
| EPS (₹) | 14.27 | (2.23) | (6.85) | (1.11) | 0.09 | (0.32) | 0.36 |
| Balance sheet | |||||||
| Total assets | 17.47 | 4.85 | 6.75 | 12.90 | 12.78 | 12.70 | 12.99 |
| Net worth | 14.91 | 2.06 | 4.07 | 10.23 | 11.22 | 11.14 | 11.43 |
| Total debt | 2.40 | 2.75 | 2.68 | 2.67 | 1.55 | 1.55 | 1.55 |
| Cash & bank | 0.14 | 0.19 | 0.08 | 0.48 | 0.75 | 0.57 | 1.71 |
| Net working capital | 13.19 | 0.40 | 2.26 | 10.15 | 10.45 | 10.13 | 10.34 |
| Cash flow | |||||||
| Cash from operations | 0.44 | (0.39) | (0.11) | (0.97) | 0.18 | (1.13) | 0.36 |
| Cash from investing | (0.11) | 0.56 | (0.12) | (0.36) | 0.10 | 0.05 | (0.38) |
| Cash from financing | (0.36) | (0.06) | (0.17) | 1.05 | 0.00 | (0.07) | (0.08) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.08 | 60.00 | 99.24 | 59.51 | 20.44 | 0.31 | 0.00 | 0.00 |
| Revenue growth (YoY) | +267.3% | - | - | - | - | -72.1% | - | - |
| Other income | 1.84 | 0.10 | 0.14 | 0.01 | 0.06 | 0.04 | 0.37 | 0.75 |
| Total expenses | 66.61 | 52.00 | 89.98 | 53.40 | 18.49 | 0.16 | 0.96 | 0.32 |
| EBITDA | 8.47 | 8.00 | 9.26 | 6.11 | 1.95 | 0.15 | (0.96) | (0.32) |
| EBITDA margin | +11.3% | +13.3% | +9.3% | +10.3% | +9.5% | +48.4% | - | - |
| Depreciation | 0.03 | 0.04 | 0.00 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
| Interest | 0.08 | 0.00 | 0.07 | 0.04 | 0.00 | 0.04 | 0.00 | 0.04 |
| Profit before tax | 10.20 | 8.06 | 9.33 | 6.03 | 1.96 | 0.10 | (0.65) | 0.33 |
| Tax | 2.55 | 2.05 | 2.50 | 1.52 | 0.50 | 0.02 | (0.34) | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 75.08 | 60.00 | 99.24 | 59.51 | 20.44 | 0.31 | 0.00 | 0.00 |
| Revenue growth (YoY) | +267.3% | - | - | - | - | -72.1% | - | - |
| Other income | 1.84 | 0.10 | 0.14 | 0.01 | 0.06 | 0.04 | 0.37 | 0.75 |
| Total expenses | 66.61 | 52.00 | 89.98 | 53.40 | 18.49 | 0.16 | 0.96 | 0.32 |
| EBITDA | 8.47 | 8.00 | 9.26 | 6.11 | 1.95 | 0.15 | (0.96) | (0.32) |
| EBITDA margin | +11.3% | +13.3% | +9.3% | +10.3% | +9.5% | +48.4% | - | - |
| Depreciation | 0.03 | 0.04 | 0.00 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
| Interest | 0.08 | 0.00 | 0.07 | 0.04 | 0.00 | 0.04 | 0.00 | 0.04 |
| Profit before tax | 10.20 | 8.06 | 9.33 | 6.03 | 1.96 | 0.10 | (0.65) | 0.33 |
| Tax | 2.55 | 2.05 | 2.50 | 1.52 | 0.50 | 0.02 | (0.34) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 179 | 1.22 | 2.25 | 10.24 | 12.76 | 2.36 | 16.91 |
| Revenue growth | - | -45.8% | -78.0% | -19.8% | +440.7% | -86.0% | - |
| Other income | 0.56 | 0.75 | 0.02 | 0.04 | 0.15 | 0.13 | 0.13 |
| Total expenses | 162 | 3.95 | 10.02 | 10.97 | 12.59 | 2.66 | 17.01 |
| Employee cost | 0.57 | 0.52 | 0.77 | 0.76 | 0.67 | 0.45 | 0.65 |
| EBITDA | 17.15 | (2.73) | (7.77) | (0.73) | 0.17 | (0.30) | (0.10) |
| EBITDA margin | +9.6% | -223.8% | -345.3% | -7.1% | +1.3% | -12.7% | -0.6% |
| Depreciation | 0.16 | 0.23 | 0.23 | 0.21 | 0.20 | 0.15 | 0.15 |
| Interest | 0.15 | 0.14 | 0.18 | 0.06 | 0.00 | 0.07 | 0.08 |
| Profit before tax | 17.40 | (2.35) | (8.16) | (0.96) | 0.12 | (0.39) | (0.20) |
| Tax | 4.55 | (0.34) | (2.00) | 0.03 | 0.03 | (0.09) | (0.51) |
| Net profit | 12.85 | (2.01) | (6.16) | (0.99) | 0.09 | (0.30) | 0.31 |
| Net profit margin | +7.2% | -164.8% | -273.8% | -9.7% | +0.7% | -12.7% | +1.8% |
| EPS (₹) | 14.27 | (2.23) | (6.85) | (1.11) | 0.09 | (0.32) | 0.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves & surplus | 5.91 | (6.94) | (4.93) | 1.23 | 2.22 | 2.14 | 2.43 |
| Shareholders' funds (net worth) | 14.91 | 2.06 | 4.07 | 10.23 | 11.22 | 11.14 | 11.43 |
| Secured loans | 2.31 | 0.98 | 2.68 | 2.67 | 1.55 | 1.55 | 1.55 |
| Unsecured loans | 0.09 | 1.77 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 2.40 | 2.75 | 2.68 | 2.67 | 1.55 | 1.55 | 1.55 |
| Total liabilities | - | - | 6.75 | 12.90 | 12.78 | 12.70 | 12.99 |
| Assets | |||||||
| Gross block | 10.76 | 10.76 | 10.76 | 10.64 | 10.37 | 9.50 | 9.50 |
| Net block | 1.69 | 1.83 | 2.22 | 2.33 | 2.27 | 1.60 | 1.75 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 | 0.87 | 0.87 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 1.73 | 3.56 | 3.48 | 1.31 | 2.11 |
| Sundry debtors | 34.72 | 0.32 | 0.25 | 8.30 | 7.20 | 8.67 | 12.49 |
| Cash & bank balances | 0.14 | 0.19 | 0.08 | 0.48 | 0.75 | 0.57 | 1.71 |
| Loans & advances | 1.25 | 1.04 | 1.02 | 1.56 | 1.43 | 2.60 | 2.66 |
| Total current assets | 36.11 | 1.55 | 3.08 | 13.90 | 12.86 | 13.15 | 18.97 |
| Total current liabilities | 22.92 | 1.15 | 0.82 | 3.75 | 2.41 | 3.02 | 8.63 |
| Net working capital | 13.19 | 0.40 | 2.26 | 10.15 | 10.45 | 10.13 | 10.34 |
| Total assets | 17.47 | 4.85 | 6.75 | 12.90 | 12.78 | 12.70 | 12.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.06 | 0.45 | 0.73 | 0.45 | 1.71 | 1.82 |
| Net cash from operating activities | 0.44 | (0.39) | (0.11) | (0.97) | 0.18 | (1.13) | 0.36 |
| Net cash from investing activities | (0.11) | 0.56 | (0.12) | (0.36) | 0.10 | 0.05 | (0.38) |
| Net cash from financing activities | (0.36) | (0.06) | (0.17) | 1.05 | 0.00 | (0.07) | (0.08) |
| Net change in cash | (0.03) | 0.11 | (0.40) | (0.28) | 0.27 | (1.14) | (0.10) |
| Closing cash | 0.14 | 0.19 | 0.08 | 0.48 | 0.75 | 0.57 | 1.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | -45.8% | -78.0% | -19.8% | +440.7% | -86.0% | - |
| EBITDA growth | +728.2% | +64.9% | -964.4% | -529.4% | +156.7% | -200.0% | - |
| PBT growth | +9998.0% | +71.2% | -750.0% | - | +9998.0% | -95.0% | - |
| Net income growth | +739.3% | +67.4% | -522.2% | -1200.0% | +130.0% | -196.8% | - |
| Revenue CAGR (3Y) | +159.6% | -54.3% | -1.6% | -15.4% | +2.1% | -52.0% | -11.0% |
| EBITDA CAGR (3Y) | - | - | +195.9% | +94.0% | - | - | -52.1% |
| Profitability & leverage | |||||||
| Net income margin | +7.2% | -164.8% | -273.8% | -9.7% | +0.7% | -12.7% | +1.8% |
| Return on capital employed | +157.3% | -38.1% | -81.2% | -7.1% | +0.9% | -2.4% | -0.9% |
| Return on net worth | +151.4% | -65.6% | -86.2% | -9.3% | +0.7% | -2.6% | +2.8% |
| Debt / equity | 0.30 | 0.89 | 0.37 | 0.20 | 0.14 | 0.14 | 0.14 |
| Long-term debt / equity | 0.19 | 0.31 | 0.14 | 0.05 | 0.07 | 0.14 | 0.14 |
| Interest cover | 0.88 | -4.73 | -2.25 | -6.38 | 0.00 | -15.56 | -32.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 16.78 | 0.11 | 0.21 | 0.97 | 1.28 | 0.25 | 1.78 |
| Inventory turnover | 0.00 | 1.41 | 0.85 | 2.91 | 5.33 | 1.38 | 15.37 |
| Debtors turnover | 10.23 | 4.28 | 0.53 | 1.32 | 1.61 | 0.22 | 1.48 |
| EPS (₹) | 14.27 | (2.23) | (6.85) | (1.11) | 0.09 | (0.32) | 0.36 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 16.57 | 2.29 | 4.52 | 11.37 | 12.47 | 12.38 | 12.70 |
Similar companies to Gravity India
Gravity India has 3 listed similar companies in our database. They include Alok Industries, Jaykay Enterprises and Sportking.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alokind.com | 1986 | Mumbai, India | 11,851 | Textiles and related products are manufactured in India. | ||
| jaykayenterprises.com | 1991 | Kanpur, India | 27 | Yarn and cotton are manufactured by Jaykay Enterprises in India. | ||
| sportking.co.in | 1989 | Ludhiana, India | 5,655 | Yarns, fabrics, and garments are manufactured and retailed by Sportking. |
Detailed similar companies of Gravity India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Gravity India (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Gravity India
Complete news archive for Gravity India
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gravity India
Gravity India was founded in 1987.
Gravity India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Gravity India has 13 employees.
The primary company behind Gravity India, Gravity (India) Limited, reported revenue of ₹180 Cr for FY 2026.
Gravity India, founded in 1987 in Mumbai, India, focuses on engaging in retail operations, contract manufacturers, dealing with fashion products, and fabric. Contract manufacturer of fabric. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Gravity India's top competitors include Sportking, Jaykay Enterprises and Alok Industries.
Yes, Gravity India is publicly traded on BSE under the ticker symbol GRAVITY.
Gravity India operates through Gravity (India) Limited.
The legal entities of Gravity India currently have 9 directors, including . Ambika, Tushar Rai Sharma, Samir Bipinkumar Ruparelia and others.