Gravity (India) Limited - manufacturing in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
CIN L62099MH1987PLC042899 Incorporated 13 March 1987 ROC Mumbai HQ Bhiwandi, Maharashtra, India
Active Listed - BSE: 532015 Public Limited Company manufacturing MSME · Medium
Data last updated
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
ROE
151.4%
ROCE 157.3%
Debt / Equity
0.30
Interest cover 0.9x

About Gravity (India) Limited

Data last updated:

Gravity (India) Limited is a public limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 March 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L62099MH1987PLC042899. Its GSTIN is 27AAACG2779H1ZG (Maharashtra). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 532015.

The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹9 Cr. It was formerly known as Gravity Silk Mills Private Limited. It is led by directors including Ambika and Tushar Rai Sharma.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Paresh Complex Building No. C Gala No. 227A Near Guru Kripa Hotel, Reti Bunder Road Kalher Village Bhiwandi Thane, Maharashtra, India – 421302.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹179.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.85 Cr (net margin 7.2%) and EBITDA of ₹17.15 Cr (EBITDA margin 9.6%). The net worth stands at ₹14.91 Cr (up 623.8% YoY). Total assets are valued at ₹17.47 Cr (up 260.2% YoY).

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Gravity India and Gravity India. As per MCA filings, the company has open charges of ₹4.89 Cr and satisfied charges of ₹2.65 Cr on record. Court records list 21 cases involving the company, including 9 filed by the company and 12 filed against it; 7 cases are pending. The company has 105 deals on record (105 market trades); the latest was in September 2026. The company has 5 MSME Form 1 returns on record between 2015 and 2021, listing 43 overdue payments to 5 micro and small suppliers.

Gravity (India) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0176742). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gravityindia.net.

Company details

CIN L62099MH1987PLC042899
Registration Number 042899
Incorporation Date 13 March 1987
ROC Mumbai
Listing Status Listed - Listed on BSE (532015)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0176742

CIN history

Gravity (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L62099MH1987PLC042899, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L62099MH1987PLC042899Current
U17110MH1987PLC042899Previous
L17110MH1987PLC042899Previous

Recognitions & Rankings of Gravity (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2026-27)
Udyam number
UDYAM-MH-33-0176742

Contact details

Gravity (India) Limited's registered office is in Bhiwandi, Maharashtra.

  • Registered Address
    Paresh Complex Building No. C Gala No. 227A Near Guru Kripa Hotel, Reti Bunder Road Kalher Village Bhiwandi Thane, Maharashtra, India – 421302
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Gravity (India) Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Gravity (India) operates two associated brands: Gravity India and Gravity India. Each brand links to its own profile.

BrandDescriptionWebsite
Contract manufacturer of fabricgravityindia.net
Limited information availablegravity-india.com

Business activity

The main business activity of Gravity (India) is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Gravity (India) Limited, buy the company report.

Financials of Gravity (India) Limited

FY 2025-26 filings available

Gravity (India) Limited reported revenue of ₹179.19 Cr (up 14587.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹179 Cr
- YoY
EBITDA
₹17.15 Cr
+728.2% YoY
Profit After Tax
₹12.85 Cr
+739.3% YoY
Net Worth
₹14.91 Cr
+623.8% YoY
Total Assets
₹17.47 Cr
+260.2% YoY
Total Debt
₹2.40 Cr
-12.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1791.222.2510.2412.762.3616.91
Revenue growth--45.8%-78.0%-19.8%+440.7%-86.0%-
EBITDA17.15(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 tax17.40(2.35)(8.16)(0.96)0.12(0.39)(0.20)
Net profit12.85(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 assets17.474.856.7512.9012.7812.7012.99
Net worth14.912.064.0710.2311.2211.1411.43
Total debt2.402.752.682.671.551.551.55
Cash & bank0.140.190.080.480.750.571.71
Net working capital13.190.402.2610.1510.4510.1310.34
Cash flow
Cash from operations0.44(0.39)(0.11)(0.97)0.18(1.13)0.36
Cash from investing(0.11)0.56(0.12)(0.36)0.100.05(0.38)
Cash from financing(0.36)(0.06)(0.17)1.050.00(0.07)(0.08)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue75.0860.0099.2459.5120.440.310.000.00
Revenue growth (YoY)+267.3%-----72.1%--
Other income1.840.100.140.010.060.040.370.75
Total expenses66.6152.0089.9853.4018.490.160.960.32
EBITDA8.478.009.266.111.950.15(0.96)(0.32)
EBITDA margin+11.3%+13.3%+9.3%+10.3%+9.5%+48.4%--
Depreciation0.030.040.000.050.050.050.060.06
Interest0.080.000.070.040.000.040.000.04
Profit before tax10.208.069.336.031.960.10(0.65)0.33
Tax2.552.052.501.520.500.02(0.34)0.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue75.0860.0099.2459.5120.440.310.000.00
Revenue growth (YoY)+267.3%-----72.1%--
Other income1.840.100.140.010.060.040.370.75
Total expenses66.6152.0089.9853.4018.490.160.960.32
EBITDA8.478.009.266.111.950.15(0.96)(0.32)
EBITDA margin+11.3%+13.3%+9.3%+10.3%+9.5%+48.4%--
Depreciation0.030.040.000.050.050.050.060.06
Interest0.080.000.070.040.000.040.000.04
Profit before tax10.208.069.336.031.960.10(0.65)0.33
Tax2.552.052.501.520.500.02(0.34)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1791.222.2510.2412.762.3616.91
Revenue growth--45.8%-78.0%-19.8%+440.7%-86.0%-
Other income0.560.750.020.040.150.130.13
Total expenses1623.9510.0210.9712.592.6617.01
Employee cost0.570.520.770.760.670.450.65
EBITDA17.15(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%
Depreciation0.160.230.230.210.200.150.15
Interest0.150.140.180.060.000.070.08
Profit before tax17.40(2.35)(8.16)(0.96)0.12(0.39)(0.20)
Tax4.55(0.34)(2.00)0.030.03(0.09)(0.51)
Net profit12.85(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
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.009.009.009.009.009.009.00
Reserves & surplus5.91(6.94)(4.93)1.232.222.142.43
Shareholders' funds (net worth)14.912.064.0710.2311.2211.1411.43
Secured loans2.310.982.682.671.551.551.55
Unsecured loans0.091.770.000.000.000.000.00
Total debt2.402.752.682.671.551.551.55
Total liabilities--6.7512.9012.7812.7012.99
Assets
Gross block10.7610.7610.7610.6410.379.509.50
Net block1.691.832.222.332.271.601.75
Capital work in progress0.000.000.000.100.000.870.87
Investments0.000.000.000.000.000.000.00
Inventories0.000.001.733.563.481.312.11
Sundry debtors34.720.320.258.307.208.6712.49
Cash & bank balances0.140.190.080.480.750.571.71
Loans & advances1.251.041.021.561.432.602.66
Total current assets36.111.553.0813.9012.8613.1518.97
Total current liabilities22.921.150.823.752.413.028.63
Net working capital13.190.402.2610.1510.4510.1310.34
Total assets17.474.856.7512.9012.7812.7012.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.160.060.450.730.451.711.82
Net cash from operating activities0.44(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)0.100.05(0.38)
Net cash from financing activities(0.36)(0.06)(0.17)1.050.00(0.07)(0.08)
Net change in cash(0.03)0.11(0.40)(0.28)0.27(1.14)(0.10)
Closing cash0.140.190.080.480.750.571.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.300.890.370.200.140.140.14
Long-term debt / equity0.190.310.140.050.070.140.14
Interest cover0.88-4.73-2.25-6.380.00-15.56-32.00
Efficiency & per share
Fixed asset turnover16.780.110.210.971.280.251.78
Inventory turnover0.001.410.852.915.331.3815.37
Debtors turnover10.234.280.531.321.610.221.48
EPS (₹)14.27(2.23)(6.85)(1.11)0.09(0.32)0.36
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)16.572.294.5211.3712.4712.3812.70

To see the full year-wise statements and ratios of Gravity (India) Limited, buy the company report.

Board of directors of Gravity (India) Limited

Gravity (India) has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
AmbikaDirector27 May 20251 Years 5 MonthsCurrent
Tushar Rai SharmaDirector27 May 20251 Years 5 MonthsCurrent
Samir Bipinkumar RupareliaDirector13 Aug 20197 Years 2 MonthsCurrent
Dakshaben Rasiklal ThakkarDirector13 Mar 198739 Years 7 MonthsCurrent
Varun Rasiklal ThakkarDirector02 Oct 201610 Years 1 MonthsCurrent
Mukesh Mahendrabhai ParmarAdditional Director08 Jan 20260 Years 10 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Charges & borrowings

Open charges
₹4.89 Cr
Satisfied charges
₹2.65 Cr
Breakdown by lending institutions
Others₹4.18 Cr
Gujrat State Financial Corportion ;;₹0.40 Cr
The Madhavpura Mercantile Cooperative Bank Ltd.₹0.25 Cr
The Hong Kong and Shanghai Banking Corportion Limited₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2022100673655Others₹1 CrOpen
28 Oct 2022100627785Others₹18.35 LakhOpen
13 Mar 200090213513The Hong Kong and Shanghai Banking Corportion Limited₹5.49 LakhOpen
18 Sep 199890213254Others₹3 CrOpen
27 Dec 198990212016The Madhavpura Mercantile Cooperative Bank Ltd.₹25 LakhOpen

To see the full charge records of Gravity (India) Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Gravity (India) Limited has 105 deals on record (105 market trades); the latest was in September 2026.

Total deals
105
Market trades
105

Deals on record (5 of 105)

WhenDealAmountParties
May 2026Market trade₹75.3 LakhBuyer: Green Peaks Enterprises LLP , an individual
Seller: Green Peaks Enterprises LLP , an individual
May 2026Market trade₹35.8 LakhBuyer: Green Peaks Enterprises LLP , an individual
Seller: Green Peaks Enterprises LLP , an individual
May 2026Market trade₹46.8 LakhBuyer: Green Peaks Enterprises LLP , 3 individuals
Seller: Green Peaks Enterprises LLP , 3 individuals
May 2026Market trade₹42.1 LakhBuyer: Green Peaks Enterprises LLP , Akalpya India Equity Fund, an individual
Seller: Green Peaks Enterprises LLP , an individual
May 2026Market trade₹38.2 LakhBuyer: Green Peaks Enterprises LLP , an individual
Seller: Green Peaks Enterprises LLP , 2 individuals

To see the full deal history of Gravity (India) Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Gravity (India) Limited has 5 MSME Form 1 returns on record between 2015 and 2021, listing 43 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
'Ventures Integrated Communications Private Limited
Vibhuti Printers Private Limited
Addon Export House Limited
an individual supplier

To see the full MSME payment records of Gravity (India) Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Gravity (India) has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAACG2779H1ZGMaharashtraActive31 Jul 2017
26AAACG2779H1ZIDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017
24AAACG2779H1ZMGujaratActive05 Jul 2025

To see the full GST registrations and return filing status of Gravity (India) Limited, buy the company report.

Recent activity

Gravity (India) Limited has 22 board changes on record since 1987: 10 appointments and 12 cessations. The latest: Kuldipsinh Rathod was appointed as Additional Director on 09 Jan 2026.

Filing
Gravity (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Appointed
Kuldipsinh Rathod was appointed as Additional Director.
Appointed
Mukesh Mahendrabhai Parmar was appointed as Additional Director.
AGM
Gravity (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
. Ambika ceased to be Additional Director.
Ceased
Komal Hardikkumar Patel ceased to be Additional Director.
Ceased
Manoj Kanhiyalal Ramavat ceased to be Additional Director.
Ceased
Tushar Rai Sharma ceased to be Additional Director.
Appointed
Ambika was appointed as Director.
Appointed
Tushar Rai Sharma was appointed as Director.
Appointed
Geetanjali Kumari was appointed as Company Secretary.
Appointed
Komal Hardikkumar Patel was appointed as Director.

26 earlier events are in the company report.

Frequently asked questions

Gravity (India) is an active public limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 March 1987 (39+ years old) and is registered under CIN L62099MH1987PLC042899. Listed on BSE: 532015.

Gravity (India) reported revenue of ₹179.19 Cr for FY 2025-26 (up 14587.7% YoY) based on standalone financials.

Gravity (India) has 7 current directors:

The latest financial statements of Gravity (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gravity (India) is 27AAACG2779H1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 26AAACG2779H1ZI (Dadra and Nagar Haveli and Daman and Diu), 24AAACG2779H1ZM (Gujarat).

The CIN (Corporate Identification Number) of Gravity (India) is L62099MH1987PLC042899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gravity (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 532015).

Gravity (India) has 21 court cases on record: 9 filed by the company and 12 filed against it. 7 are pending. Most are in the district courts.

Gravity (India) was incorporated on 13 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

Gravity (India) has 105 deals on record (105 market trades); the latest was in September 2026.

Kuldipsinh Rathod was appointed as Additional Director on 09 Jan 2026. Mukesh Mahendrabhai Parmar was appointed as Additional Director on 08 Jan 2026. Ambika ceased to be Additional Director on 29 Sep 2025. Gravity (India) has 22 board changes on record in total.