About Gravity (India) Limited
Data last updated: 14 July 2026
Gravity (India) Limited is a public limited company based in Bhiwandi, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 13 March 1987, the company has been in operation for over 39 years.
Registered with ROC Mumbai under CIN L62099MH1987PLC042899. Listed on BSE: 532015.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹9 Cr. Formerly known as Gravity Silk Mills Private Limited. It is led by directors including Ambika and Tushar Rai Sharma.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Paresh Complex Building No. C Gala No. 227A Near Guru Kripa Hotel, Reti Bunder Road Kalher Village Bhiwandi Thane, Maharashtra, India – 421302.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹179.19 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹14.91 Cr (up 623.11% YoY). Total assets are valued at ₹40.39 Cr (up 572.83% YoY).
The company has a workforce of approximately 13 employees as per the latest available data.
The company is associated with 2 brands - Gravity India, Gravity India. As per MCA filings, the company has open charges of ₹4.89 Cr and satisfied charges of ₹2.65 Cr on record.
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.
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Registered AddressParesh Complex Building No. C Gala No. 227A Near Guru Kripa Hotel, Reti Bunder Road Kalher Village Bhiwandi Thane, Maharashtra, India – 421302
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Gravity (India) Limited
Gravity (India) Limited 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.
| CIN | Status |
|---|---|
| L62099MH1987PLC042899 | Current |
| U17110MH1987PLC042899 | Previous |
| L17110MH1987PLC042899 | Previous |
Associated Brands with Gravity (India) Limited
Gravity (India) Limited operates two associated brands: Gravity India and Gravity India. These brands represent Gravity (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer of fabric | gravityindia.net | |
| Limited information available | gravity-india.com |
Competitors & Alternatives of Gravity (India) Limited
Brands and companies operating in the same space as Gravity (India) Limited include Sportking, Jaykay Enterprises, Alok Industries and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Yarns, fabrics, and garments are manufactured and retailed by Sportking. | Ludhiana, India, India | 1989 |
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Yarn and cotton are manufactured by Jaykay Enterprises in India. | Kanpur, India, India | 1991 |
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Textiles and related products are manufactured in India. | Mumbai, India, India | 1986 |
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Yarns and threads are contract-manufactured for textile and apparel industries. | Delhi, India, India | 1979 |
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Denim fabrics are contract-manufactured in Bhilwara, India. | Bhilwara, India, India | 2009 |
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Fabrics are manufactured on a contract basis by A.K. Spintex. | Bhilwara, India, India | 1994 |
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Textile fabric materials are manufactured on a contract basis. | Indore, India, India | 1997 |
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Contract manufacturing of fabric materials is conducted. | Mumbai, India, India | 1977 |
Business Activity of Gravity (India) Limited
Gravity (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Gravity (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Gravity (India) Limited
Gravity (India) Limited is audited by M/s A V K A S & CO. (ICAI peer reviewed, certificate valid till 2027-06-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s A V K A S & CO. (ICAI peer reviewed, certificate valid till 2027-06-30) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Gravity (India) Limited
Gravity (India) Limited is currently managed by 7 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambika | Director | 27 May 2025 | 1 Years 2 Months | Current |
| Tushar Rai Sharma | Director | 27 May 2025 | 1 Years 2 Months | Current |
|
Samir Bipinkumar Ruparelia
Also directs:
Gravity (India) Limited
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Director | 13 Aug 2019 | 7 Years 0 Months | Current |
| Dakshaben Rasiklal Thakkar | Director | 13 Mar 1987 | 39 Years 5 Months | Current |
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Varun Rasiklal Thakkar
Also directs:
Gravity (India) Limited
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Director | 02 Oct 2016 | 9 Years 10 Months | Current |
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Mukesh Mahendrabhai Parmar
Also directs:
Gravity (India) Limited
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Additional Director | 08 Jan 2026 | 0 Years 7 Months | Current |
Financials of Gravity (India) Limited FY 2026 filings available
Gravity (India) Limited reported revenue of ₹179.19 Cr (up 14551.76% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹179.19 Cr | ₹1.22 Cr | ₹2.25 Cr | ₹10.24 Cr | ₹12.76 Cr | ₹2.36 Cr | ₹16.91 Cr | ₹11.98 Cr |
| Other Income | ₹55.56 Lakh | ₹74.6 Lakh | ₹2.14 Lakh | ₹3.66 Lakh | ₹15.49 Lakh | ₹13.25 Lakh | ₹13.14 Lakh | ₹2.77 Cr |
| Total Income | ₹179.75 Cr | ₹1.97 Cr | ₹2.28 Cr | ₹10.27 Cr | ₹12.91 Cr | ₹2.49 Cr | ₹17.04 Cr | ₹14.74 Cr |
| Cost of Materials Consumed | ₹0 | ₹4.29 Lakh | ₹1.43 Cr | ₹2.56 Cr | ₹2.49 Cr | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹161.18 Cr | ₹1.06 Cr | ₹0 | ₹6.07 Cr | ₹9.57 Cr | ₹1.09 Cr | ₹17.93 Cr | ₹10.12 Cr |
| Changes in Inventories | ₹0 | ₹1.68 Cr | ₹1.67 Cr | -₹5.06 Lakh | -₹2 Cr | ₹80.57 Lakh | -₹2.02 Cr | ₹1.43 Cr |
| Employee Benefit Expense | ₹56.92 Lakh | ₹52.1 Lakh | ₹77.25 Lakh | ₹75.54 Lakh | ₹67.53 Lakh | ₹53.98 Lakh | ₹74.03 Lakh | ₹84.46 Lakh |
| Finance Costs | ₹15.33 Lakh | ₹13.64 Lakh | ₹17.98 Lakh | ₹6.09 Lakh | ₹45,000 | ₹15.18 Lakh | ₹8.15 Lakh | ₹1.16 Lakh |
| Depreciation & Amortisation | ₹16.02 Lakh | ₹22.61 Lakh | ₹23.05 Lakh | ₹20.63 Lakh | ₹20.25 Lakh | ₹6.8 Lakh | ₹15.13 Lakh | ₹15.08 Lakh |
| Other Expenses | ₹28.85 Lakh | ₹65 Lakh | ₹6.15 Cr | ₹1.63 Cr | ₹1.86 Cr | ₹22.12 Lakh | ₹34.75 Lakh | ₹46.44 Lakh |
| Total Expenses | ₹162.35 Cr | ₹4.32 Cr | ₹10.44 Cr | ₹11.24 Cr | ₹12.8 Cr | ₹2.87 Cr | ₹17.23 Cr | ₹13.03 Cr |
| Profit Before Exceptional Items & Tax | ₹17.4 Cr | -₹2.35 Cr | -₹8.16 Cr | -₹96.39 Lakh | ₹11.32 Lakh | -₹37.9 Lakh | -₹19.06 Lakh | ₹1.72 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹17.4 Cr | -₹2.35 Cr | -₹8.16 Cr | -₹96.39 Lakh | ₹11.32 Lakh | -₹37.9 Lakh | -₹19.06 Lakh | ₹1.72 Cr |
| Total Tax Expense | ₹4.55 Cr | -₹34.36 Lakh | -₹2 Cr | ₹3.12 Lakh | ₹3.08 Lakh | -₹9.22 Lakh | -₹51.12 Lakh | ₹69.91 Lakh |
| Net Profit | ₹12.85 Cr | -₹2.01 Cr | -₹6.16 Cr | -₹99.51 Lakh | ₹8.24 Lakh | -₹28.68 Lakh | ₹32.06 Lakh | ₹1.02 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹12.85 Cr | -₹2.01 Cr | -₹6.16 Cr | -₹99.51 Lakh | ₹8.24 Lakh | -₹28.68 Lakh | ₹32.06 Lakh | ₹1.02 Cr |
| EBITDA (computed) | ₹17.71 Cr | -₹1.99 Cr | -₹7.75 Cr | -₹69.67 Lakh | ₹32.02 Lakh | -₹15.92 Lakh | ₹4.22 Lakh | ₹1.88 Cr |
| Basic EPS | ₹14.28 | ₹-2.23 | ₹-6.85 | ₹-1.11 | ₹0.09 | ₹-0.32 | ₹0.36 | ₹1.13 |
| Diluted EPS | ₹14.28 | ₹-2.23 | ₹-6.85 | ₹-1.11 | ₹0.09 | ₹-0.32 | ₹0.36 | ₹1.13 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹40.39 Cr | ₹6 Cr | ₹7.57 Cr | ₹16.65 Cr | ₹15 Cr | ₹15.8 Cr | ₹21.78 Cr | ₹17.23 Cr |
| Non-current Assets | ₹4.28 Cr | ₹4.45 Cr | ₹4.49 Cr | ₹2.74 Cr | ₹2.45 Cr | ₹2.65 Cr | ₹2.8 Cr | ₹2.49 Cr |
| Current Assets | ₹36.1 Cr | ₹1.55 Cr | ₹3.08 Cr | ₹13.9 Cr | ₹12.55 Cr | ₹13.15 Cr | ₹18.98 Cr | ₹14.74 Cr |
| Property, Plant & Equipment | ₹1.69 Cr | ₹1.83 Cr | ₹2.22 Cr | ₹2.33 Cr | ₹2.27 Cr | ₹2.47 Cr | ₹1.75 Cr | ₹2.3 Cr |
| Inventories | ₹0 | ₹0 | ₹1.73 Cr | ₹3.56 Cr | ₹3.48 Cr | ₹1.31 Cr | ₹2.11 Cr | ₹9.45 Lakh |
| Trade Receivables | ₹34.72 Cr | ₹31.93 Lakh | ₹24.9 Lakh | ₹8.3 Cr | ₹7.2 Cr | ₹8.67 Cr | ₹12.49 Cr | ₹10.3 Cr |
| Cash & Equivalents | ₹13.54 Lakh | ₹19.08 Lakh | ₹8.12 Lakh | ₹47.53 Lakh | ₹75.14 Lakh | ₹57.17 Lakh | ₹1.71 Cr | ₹1.82 Cr |
| Equity (Net Worth) | ₹14.91 Cr | ₹2.06 Cr | ₹4.07 Cr | ₹10.23 Cr | ₹11.23 Cr | ₹11.14 Cr | ₹11.43 Cr | ₹11.11 Cr |
| Equity Share Capital | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Borrowings (Non-current) | ₹2.24 Cr | ₹91.19 Lakh | ₹99.32 Lakh | ₹2.6 Cr | ₹1.55 Cr | ₹1.55 Cr | ₹1.55 Cr | ₹1.55 Cr |
| Borrowings (Current) | ₹15.31 Lakh | ₹1.84 Cr | ₹1.69 Cr | ₹7.17 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹2.4 Cr | ₹2.76 Cr | ₹2.68 Cr | ₹2.67 Cr | ₹1.55 Cr | ₹1.55 Cr | ₹1.55 Cr | ₹1.55 Cr |
| Current Liabilities | ₹23.07 Cr | ₹2.99 Cr | ₹2.51 Cr | ₹3.82 Cr | ₹2.11 Cr | ₹3.02 Cr | ₹8.62 Cr | ₹3.88 Cr |
| Total Liabilities | ₹25.47 Cr | ₹3.94 Cr | ₹3.5 Cr | ₹6.41 Cr | ₹3.77 Cr | ₹4.65 Cr | ₹10.35 Cr | ₹6.12 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹44.31 Lakh | -₹38.65 Lakh | -₹10.74 Lakh | -₹1.04 Cr | ₹1.79 Cr |
| Investing Cash Flow | -₹11.02 Lakh | ₹55.61 Lakh | -₹12.07 Lakh | -₹36.25 Lakh | -₹72,400 |
| Financing Cash Flow | -₹36.03 Lakh | -₹6.19 Lakh | -₹16.82 Lakh | ₹1.13 Cr | ₹0 |
| Capital Expenditure | ₹14.51 Lakh | ₹0 | ₹12.29 Lakh | ₹36.64 Lakh | ₹14,400 |
| Free Cash Flow (computed) | ₹29.8 Lakh | -₹38.65 Lakh | -₹23.03 Lakh | -₹1.41 Cr | ₹1.79 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.74 Lakh | ₹10.77 Lakh | -₹39.63 Lakh | -₹27.67 Lakh | ₹1.79 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹99.24 Cr | ₹59.51 Cr | ₹20.44 Cr | ₹30.87 Lakh | ₹18,000 | ₹16,000 | ₹10.48 Lakh | ₹1.11 Cr |
| Other Income | ₹13.8 Lakh | ₹1.21 Lakh | ₹6.05 Lakh | ₹3.63 Lakh | ₹37.18 Lakh | ₹75 Lakh | ₹8,000 | ₹2.85 Lakh |
| Total Income | ₹99.38 Cr | ₹59.52 Cr | ₹20.5 Cr | ₹34.5 Lakh | ₹37.36 Lakh | ₹75.16 Lakh | ₹10.56 Lakh | ₹1.14 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹56,000 | ₹26,000 | ₹1.2 Lakh | ₹2.27 Lakh |
| Purchases of Stock-in-Trade | ₹89.7 Cr | ₹53.28 Cr | ₹18.2 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.06 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹64.72 Lakh | ₹0 | ₹67.6 Lakh | ₹35.97 Lakh |
| Employee Benefit Expense | ₹27.3 Lakh | ₹8.41 Lakh | ₹10.19 Lakh | ₹11.02 Lakh | ₹29.14 Lakh | ₹9.14 Lakh | ₹6.91 Lakh | ₹6.92 Lakh |
| Finance Costs | ₹7.31 Lakh | ₹3.71 Lakh | ₹0 | ₹4.31 Lakh | ₹29,000 | ₹4.42 Lakh | ₹4.48 Lakh | ₹4.45 Lakh |
| Depreciation & Amortisation | -₹24,000 | ₹5.42 Lakh | ₹5.42 Lakh | ₹5.42 Lakh | ₹5.5 Lakh | ₹5.69 Lakh | ₹5.69 Lakh | ₹5.74 Lakh |
| Other Expenses | ₹59,000 | ₹4.32 Lakh | ₹19.01 Lakh | ₹4.93 Lakh | ₹1.19 Lakh | ₹22.36 Lakh | ₹62.88 Lakh | ₹19.07 Lakh |
| Total Expenses | ₹90.05 Cr | ₹53.5 Cr | ₹18.55 Cr | ₹25.68 Lakh | ₹1.01 Cr | ₹41.87 Lakh | ₹1.49 Cr | ₹1.8 Cr |
| Profit Before Exceptional Items & Tax | ₹9.33 Cr | ₹6.03 Cr | ₹1.96 Cr | ₹8.82 Lakh | -₹64.04 Lakh | ₹33.29 Lakh | -₹1.38 Cr | -₹65.99 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹9.33 Cr | ₹6.03 Cr | ₹1.96 Cr | ₹8.82 Lakh | -₹64.04 Lakh | ₹33.29 Lakh | -₹1.38 Cr | -₹65.99 Lakh |
| Total Tax Expense | ₹2.5 Cr | ₹1.52 Cr | ₹50.64 Lakh | ₹2.22 Lakh | -₹34.36 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹6.83 Cr | ₹4.5 Cr | ₹1.45 Cr | ₹6.6 Lakh | -₹29.68 Lakh | ₹33.29 Lakh | -₹1.38 Cr | -₹65.99 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹6.83 Cr | ₹4.5 Cr | ₹1.45 Cr | ₹6.6 Lakh | -₹29.68 Lakh | ₹33.29 Lakh | -₹1.38 Cr | -₹65.99 Lakh |
| EBITDA (computed) | ₹9.4 Cr | ₹6.12 Cr | ₹2.01 Cr | ₹18.55 Lakh | -₹58.25 Lakh | ₹43.4 Lakh | -₹1.28 Cr | -₹55.8 Lakh |
| Basic EPS | ₹7.59 | ₹5.00 | ₹0.00 | ₹0.07 | ₹-0.33 | ₹0.37 | ₹-1.54 | ₹-0.73 |
| Diluted EPS | ₹7.59 | ₹5.00 | ₹0.00 | ₹0.07 | ₹-0.33 | ₹0.37 | ₹-1.54 | ₹-0.73 |
Charges & Borrowings of Gravity (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Others | ₹1 Cr | Open |
| 28 Oct 2022 | Others | ₹18.35 Lakh | Open |
| 13 Mar 2000 | The Hong Kong and Shanghai Banking Corportion Limited | ₹5.49 Lakh | Open |
| 18 Sep 1998 | Others | ₹3 Cr | Open |
| 27 Dec 1989 | The Madhavpura Mercantile Cooperative Bank Ltd. | ₹25 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Gravity (India) Limited
View historical data on people associated with Gravity (India) Limited, including employment history and EPFO contributions.
Employee and EPFO history for Gravity (India) Limited
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GST Compliance of Gravity (India) Limited
GST registrations and filing compliance for Gravity (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gravity (India) Limited
Credit ratings, litigation, and regulatory alerts for Gravity (India) Limited
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MSME Payment Delays by Gravity (India) Limited
MSME payment history for Gravity (India) Limited
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Subsidiaries & Group Companies of Gravity (India) Limited
Corporate group structure for Gravity (India) Limited
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MCA Filings & Documents of Gravity (India) Limited
MCA filings and documents for Gravity (India) Limited
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Recent Activity on Gravity (India) Limited
Frequently Asked Questions about Gravity (India) Limited
Gravity (India) Limited is an active public limited company in the manufacturing sector based in Bhiwandi, Maharashtra, India. It was incorporated on 13 March 1987 (39+ years old) and is registered under CIN L62099MH1987PLC042899. Listed on BSE: 532015. The company has 13 employees.
Gravity (India) Limited reported revenue of ₹179.19 Cr for FY 2026 (up 14551.76% YoY) based on standalone BSE filings.
The current directors of Gravity (India) Limited are:
- Ambika - Director
- Tushar Rai Sharma - Director
- Samir Bipinkumar Ruparelia - Director
- Dakshaben Rasiklal Thakkar - Director
- Varun Rasiklal Thakkar - Director
- Mukesh Mahendrabhai Parmar - Additional Director
- Kuldipsinh Rathod - Additional Director
The primary industry of Gravity (India) Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Gravity (India) Limited is listed on BSE with code 532015.
Gravity (India) Limited can be reached at the registered office: Paresh Complex Building No. C Gala No. 227A Near Guru Kripa Hotel, Reti Bunder Road Kalher Village Bhiwandi Thane, Maharashtra, India – 421302, or through the website gravityindia.net.