View Future GrowthGravity (India) 과거 순이익 실적과거 기준 점검 3/6Gravity (India)은 연평균 15.8%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 14% 증가했습니다. 매출은 연평균 63.1%의 비율로 증가했습니다. Gravity (India)의 자기자본이익률은 86.2%이고 순이익률은 7.2%입니다.핵심 정보15.80%순이익 성장률15.79%주당순이익(EPS) 성장률Luxury 산업 성장률17.62%매출 성장률63.13%자기자본이익률86.17%순이익률7.17%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 14Full year 2026 earnings released: EPS: ₹14.28 (vs ₹2.23 loss in FY 2025)Full year 2026 results: EPS: ₹14.28 (up from ₹2.23 loss in FY 2025). Revenue: ₹1.80b (up ₹1.79b from FY 2025). Net income: ₹128.5m (up ₹148.6m from FY 2025). Profit margin: 7.1% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year and the company’s share price has also increased by 73% per year.공시 • May 02Gravity (India) Limited to Report Q4, 2026 Results on May 05, 2026Gravity (India) Limited announced that they will report Q4, 2026 results on May 05, 2026Reported Earnings • Feb 08Third quarter 2026 earnings released: EPS: ₹5.00 (vs ₹0.37 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.00 (up from ₹0.37 in 3Q 2025). Revenue: ₹595.2m (up ₹595.2m from 3Q 2025). Net income: ₹45.0m (up ₹41.7m from 3Q 2025). Profit margin: 7.6% (down from 20,806% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 02Gravity (India) Limited to Report Q3, 2026 Results on Feb 06, 2026Gravity (India) Limited announced that they will report Q3, 2026 results on Feb 06, 2026Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.54 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.54 loss in 2Q 2025). Revenue: ₹205.0m (up ₹204.0m from 2Q 2025). Net income: ₹14.5m (up ₹28.3m from 2Q 2025). Profit margin: 7.1% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Nov 07Gravity (India) Limited to Report Q2, 2026 Results on Nov 13, 2025Gravity (India) Limited announced that they will report Q2, 2026 results on Nov 13, 2025모든 업데이트 보기Recent updatesReported Earnings • May 14Full year 2026 earnings released: EPS: ₹14.28 (vs ₹2.23 loss in FY 2025)Full year 2026 results: EPS: ₹14.28 (up from ₹2.23 loss in FY 2025). Revenue: ₹1.80b (up ₹1.79b from FY 2025). Net income: ₹128.5m (up ₹148.6m from FY 2025). Profit margin: 7.1% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year and the company’s share price has also increased by 73% per year.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹17.33, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 433% over the past three years.공시 • May 02Gravity (India) Limited to Report Q4, 2026 Results on May 05, 2026Gravity (India) Limited announced that they will report Q4, 2026 results on May 05, 2026Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹13.67, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 309% over the past three years.New Risk • Apr 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 7x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Market cap is less than US$10m (₹874.6m market cap, or US$9.45m). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹13.04, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 228% over the past three years.공시 • Feb 27Gravity (India) Limited has filed a Follow-on Equity Offering in the amount of INR 700 million.Gravity (India) Limited has filed a Follow-on Equity Offering in the amount of INR 700 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Regulation SValuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹14.52, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 267% over the past three years.Reported Earnings • Feb 08Third quarter 2026 earnings released: EPS: ₹5.00 (vs ₹0.37 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.00 (up from ₹0.37 in 3Q 2025). Revenue: ₹595.2m (up ₹595.2m from 3Q 2025). Net income: ₹45.0m (up ₹41.7m from 3Q 2025). Profit margin: 7.6% (down from 20,806% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 02Gravity (India) Limited to Report Q3, 2026 Results on Feb 06, 2026Gravity (India) Limited announced that they will report Q3, 2026 results on Feb 06, 2026공시 • Jan 08+ 1 more updateGravity (India) Limited Approves Resignation of Manoj Kanhiyalal Ramavat as Director, Effective January 8, 2026Gravity (India) Limited at its board meeting held on January 8, 2026, approved resignation of Mr. Manoj Kanhiyalal Ramavat as Director of the Company, effective January 8, 2026. Reason for Change: Due to other Professional Commitments.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹12.51, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 191% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹9.76, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 98% over the past three years.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹8.15, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 73% over the past three years.New Risk • Nov 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.5% average weekly change). High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (₹69.9m market cap, or US$789.9k). Minor Risk Revenue is less than US$5m (₹208m revenue, or US$2.4m).Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.54 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.54 loss in 2Q 2025). Revenue: ₹205.0m (up ₹204.0m from 2Q 2025). Net income: ₹14.5m (up ₹28.3m from 2Q 2025). Profit margin: 7.1% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Nov 07Gravity (India) Limited to Report Q2, 2026 Results on Nov 13, 2025Gravity (India) Limited announced that they will report Q2, 2026 results on Nov 13, 2025공시 • Oct 02Gravity (India) Limited Approves Regularization of DirectorsGravity (India) Limited at AGM held on September 30, 2025 approved regularization of Mr. Manoj Kanhiyalal Ramavat who was appointed as Additional Director of the company and designate him as the Managing Director. Regularization of Ms. Ambika Jindal (DIN: 10310252) who was appointed as Additional Director and designate her as Non-Executive Non-Independent Director. Regularization of Appointment of Mr. Tushar Rai Sharma (DIN: 09211414) who was appointed as Additional Director and designate him as Non-Executive Independent Director. Regularization of appointment of Ms Komal HardikKumar Patel who was appointed as Additional Independent Director and designate her as Independent Director.공시 • Sep 04Gravity (India) Limited, Annual General Meeting, Sep 30, 2025Gravity (India) Limited, Annual General Meeting, Sep 30, 2025, at 13:00 Indian Standard Time.Recent Insider Transactions • Aug 26Chairman recently sold ₹1.0m worth of stockOn the 20th of August, Varun Thakkar sold around 163k shares on-market at roughly ₹6.38 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.2m. Varun has been a net seller over the last 12 months, reducing personal holdings by ₹2.5m.Reported Earnings • Aug 15First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: ₹660.0k (up ₹7.26m from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.공시 • Aug 06Gravity (India) Limited to Report Q1, 2026 Results on Aug 12, 2025Gravity (India) Limited announced that they will report Q1, 2026 results on Aug 12, 2025New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹3.9m free cash flow). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m (₹12m revenue, or US$141k). Market cap is less than US$10m (₹59.1m market cap, or US$681.7k). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).Recent Insider Transactions • Jun 05Non-Executive Non-Independent Director recently sold ₹2.2m worth of stockOn the 2nd of June, Dakshaben Thakkar sold around 431k shares on-market at roughly ₹5.17 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.7m more than they bought in the last 12 months.Recent Insider Transactions • May 13Non-Executive Non-Independent Director recently sold ₹555k worth of stockOn the 8th of May, Dakshaben Thakkar sold around 121k shares on-market at roughly ₹4.57 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.4m more than they bought in the last 12 months.Reported Earnings • Apr 25Full year 2025 earnings released: ₹2.23 loss per share (vs ₹6.85 loss in FY 2024)Full year 2025 results: ₹2.23 loss per share (improved from ₹6.85 loss in FY 2024). Revenue: ₹19.7m (down 13% from FY 2024). Net loss: ₹20.1m (loss narrowed 68% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.공시 • Apr 11Gravity (India) Limited to Report Fiscal Year 2025 Results on Apr 23, 2025Gravity (India) Limited announced that they will report fiscal year 2025 results on Apr 23, 2025Recent Insider Transactions • Feb 22Chairman & MD recently sold ₹344k worth of stockOn the 20th of February, Varun Thakkar sold around 75k shares on-market at roughly ₹4.59 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Varun's only on-market trade for the last 12 months.공시 • Feb 03Gravity (India) Limited Appoints Geetanjali Malik as Company Secretary & Compliance OfficerGravity (India) Limited announced that Ms. Geetanjali Malik has been appointed as company secretary & compliance officer (key managerial personnel) of the company with effect from 1 February 2025. Ms. Geetanjali Malik is the Associate member of ICSL She proficient in corporate governance, regulatory compliance, and stakeholder management. With a strong understanding of corporate laws and best practices, she ensures seamless board operations, legal adherence, and strategic business support. Skilled in handling corporate filings.Reported Earnings • Feb 02Third quarter 2025 earnings released: EPS: ₹0.37 (vs ₹3.18 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹0.37 (up from ₹3.18 loss in 3Q 2024). Revenue: ₹7.52m (up 127% from 3Q 2024). Net income: ₹3.33m (up ₹31.7m from 3Q 2024). Profit margin: 44% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Board Change • Jan 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 23Gravity (India) Limited to Report Q3, 2025 Results on Feb 01, 2025Gravity (India) Limited announced that they will report Q3, 2025 results at 3:30 PM, Indian Standard Time on Feb 01, 2025Reported Earnings • Oct 26Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹1.06m (down 88% from 2Q 2024). Net loss: ₹13.8m (loss widened ₹12.0m from 2Q 2024).공시 • Oct 24Gravity (India) Limited Announces Resignation of Shreya Chawak as Company Secretary and Compliance OfficerGravity (India) Limited at its board meeting held on October 24, 2024, announced the resignation of Ms. Shreya Chawak from the post of Company Secretary and Compliance Officer of the Company.공시 • Oct 16Gravity (India) Limited to Report Q2, 2025 Results on Oct 24, 2024Gravity (India) Limited announced that they will report Q2, 2025 results on Oct 24, 2024Reported Earnings • Aug 08First quarter 2025 earnings released: ₹0.73 loss per share (vs ₹0.33 loss in 1Q 2024)First quarter 2025 results: ₹0.73 loss per share (further deteriorated from ₹0.33 loss in 1Q 2024). Revenue: ₹11.4m (up 57% from 1Q 2024). Net loss: ₹6.60m (loss widened 123% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.공시 • Jul 30+ 1 more updateGravity (India) Limited, Annual General Meeting, Sep 30, 2024Gravity (India) Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time.Reported Earnings • Jun 04Full year 2024 earnings released: ₹6.85 loss per share (vs ₹1.11 loss in FY 2023)Full year 2024 results: ₹6.85 loss per share (further deteriorated from ₹1.11 loss in FY 2023). Revenue: ₹22.8m (down 78% from FY 2023). Net loss: ₹61.6m (loss widened ₹51.7m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance.New Risk • May 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.8m free cash flow). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (₹72m revenue, or US$860k). Market cap is less than US$10m (₹39.2m market cap, or US$471.2k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.8m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (₹72m revenue, or US$857k). Market cap is less than US$10m (₹38.3m market cap, or US$458.9k). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).공시 • Jan 23Gravity (India) Limited to Report Q3, 2024 Results on Feb 01, 2024Gravity (India) Limited announced that they will report Q3, 2024 results on Feb 01, 2024공시 • Oct 21Gravity (India) Limited to Report Q2, 2024 Results on Nov 01, 2023Gravity (India) Limited announced that they will report Q2, 2024 results on Nov 01, 2023공시 • Aug 30Gravity (India) Limited, Annual General Meeting, Sep 27, 2023Gravity (India) Limited, Annual General Meeting, Sep 27, 2023, at 13:00 Indian Standard Time.Reported Earnings • Aug 05First quarter 2024 earnings released: ₹0.33 loss per share (vs ₹0.40 loss in 1Q 2023)First quarter 2024 results: ₹0.33 loss per share (improved from ₹0.40 loss in 1Q 2023). Revenue: ₹7.36m (down 70% from 1Q 2023). Net loss: ₹2.96m (loss narrowed 17% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.공시 • Jul 25Gravity (India) Limited to Report Q1, 2024 Results on Aug 03, 2023Gravity (India) Limited announced that they will report Q1, 2024 results on Aug 03, 2023New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹14m free cash flow). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Market cap is less than US$10m (₹32.9m market cap, or US$399.2k). Minor Risk Revenue is less than US$5m (₹102m revenue, or US$1.2m).Reported Earnings • May 31Full year 2023 earnings released: ₹1.11 loss per share (vs ₹0.092 profit in FY 2022)Full year 2023 results: ₹1.11 loss per share (down from ₹0.092 profit in FY 2022). Revenue: ₹102.7m (down 20% from FY 2022). Net loss: ₹9.95m (down ₹10.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.공시 • May 17+ 1 more updateGravity (India) Limited to Report Fiscal Year 2023 Results on May 29, 2023Gravity (India) Limited announced that they will report fiscal year 2023 results on May 29, 2023Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.07 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.06 (down from ₹0.07 in 3Q 2022). Revenue: ₹16.1m (down 60% from 3Q 2022). Net income: ₹546.0k (down 10.0% from 3Q 2022). Profit margin: 3.4% (up from 1.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.공시 • Jan 31Gravity (India) Limited to Report Q3, 2023 Results on Feb 07, 2023Gravity (India) Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 07, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 12Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.공시 • Nov 05Gravity (India) Limited to Report Q2, 2023 Results on Nov 10, 2022Gravity (India) Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 10, 2022Board Change • Sep 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 12First quarter 2023 earnings released: ₹0.40 loss per share (vs ₹0.25 loss in 1Q 2022)First quarter 2023 results: ₹0.40 loss per share (down from ₹0.25 loss in 1Q 2022). Revenue: ₹24.6m (up 334% from 1Q 2022). Net loss: ₹3.57m (loss widened 55% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.공시 • Aug 03Gravity (India) Limited, Annual General Meeting, Aug 26, 2022Gravity (India) Limited, Annual General Meeting, Aug 26, 2022, at 13:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹3.30, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 93% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹4.08, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 176% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ₹3.69, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 81% over the past three years.공시 • May 19Gravity (India) Limited to Report Q4, 2022 Results on May 25, 2022Gravity (India) Limited announced that they will report Q4, 2022 results on May 25, 2022Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹6.35, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 232% over the past three years.Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.07 (up from ₹0.15 loss in 3Q 2021). Revenue: ₹40.4m (up ₹39.4m from 3Q 2021). Net income: ₹607.0k (up ₹2.00m from 3Q 2021). Profit margin: 1.5% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹7.28, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 143% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹6.55, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹5.26, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 45% over the past three years.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹0.36 (vs ₹0.07 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹32.2m (up ₹31.2m from 2Q 2021). Net income: ₹3.22m (up ₹3.88m from 2Q 2021). Profit margin: 10.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • Jul 02Full year 2021 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹24.9m (down 85% from FY 2020). Net loss: ₹2.87m (down 190% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹2.92, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹2.22, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 48% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₹2.34, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 18x in the Luxury industry in India. Total loss to shareholders of 26% over the past three years.Is New 90 Day High Low • Mar 15New 90-day high: ₹1.94The company is up 47% from a price of ₹1.32 on 15 December 2020. Outperformed the Indian market which is up 14% over the last 90 days. Exceeded the Luxury industry, which is up 12% over the same period.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹1.57, the stock is trading at a trailing P/E ratio of 4.4x, up from the previous P/E ratio of 3.8x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 58%.Reported Earnings • Feb 12Third quarter 2021 earnings released: ₹0.15 loss per share (vs ₹0.06 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹932.0k (down 98% from 3Q 2020). Net loss: ₹1.39m (loss widened 162% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Executive Departure • Feb 08Company Secretary & Compliance Officer has left the companyOn the 31st of January, Shweta Jain's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Shweta's name. A total of 2 executives have left over the last 12 months.공시 • Feb 04Gravity (India) Limited to Report Q3, 2021 Results on Feb 10, 2021Gravity (India) Limited announced that they will report Q3, 2021 results on Feb 10, 2021공시 • Feb 02Gravity (India) Ltd. Announces Resignation of Shweta Jain as Company Secretary and Compliance OfficerGravity (India) Limited announced the resignation of Ms. Shweta Jain as Company Secretary and Compliance Officer of the Company.Is New 90 Day High Low • Jan 08New 90-day high: ₹1.54The company is up 13% from its price of ₹1.36 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 27% over the same period.Valuation Update With 7 Day Price Move • Nov 23Market bids up stock over the past weekAfter last week's 19% share price gain to ₹1.24, the stock is trading at a trailing P/E ratio of 2.5x, up from the previous P/E ratio of 2.1x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 50%.Is New 90 Day High Low • Nov 10New 90-day low: ₹1.09The company is down 11% from its price of ₹1.23 on 12 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period.Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 17% share price decline to ₹1.19, the stock is trading at a trailing P/E ratio of 2.4x, down from the previous P/E ratio of 2.9x. This compares to an average P/E of 15x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 64%.Is New 90 Day High Low • Oct 06New 90-day high: ₹1.43The company is up 9.0% from its price of ₹1.31 on 08 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 13% over the same period.공시 • Aug 26Gravity (India) Limited to Report Q1, 2021 Results on Sep 02, 2020Gravity (India) Limited announced that they will report Q1, 2021 results on Sep 02, 2020매출 및 비용 세부 내역Gravity (India)가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BSE:532015 매출, 비용 및 순이익 (INR Millions)날짜매출순이익일반관리비연구개발비31 Mar 261,7921296031 Dec 25803576030 Sep 25204166030 Jun 254-136031 Mar 2512-205031 Dec 2414-544030 Sep 2419-776030 Jun 2426-657031 Mar 2423-628031 Dec 2360-318030 Sep 2372-118030 Jun 2385-98031 Mar 23102-108031 Dec 22113-48030 Sep 22137-48030 Jun 2214607031 Mar 2212817031 Dec 219928030 Sep 215977030 Jun 2129-46031 Mar 2124-35031 Dec 204635030 Sep 2092-36030 Jun 2013847031 Mar 2016938031 Dec 19183129030 Sep 1915488030 Jun 1912978031 Mar 19120109031 Dec 18144-136030 Sep 18159-87030 Jun 18172-77031 Mar 18214-76031 Dec 17200-29030 Sep 17221-79030 Jun 17242-710031 Mar 17240012031 Dec 16248812030 Sep 16226513030 Jun 16199214031 Mar 16197-514031 Dec 15194-1316030 Sep 15266-717030 Jun 15334-4150양질의 수익: 532015의 비현금 수익 수준이 높습니다.이익 마진 증가: 532015는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 532015는 지난 5년 동안 흑자전환하며 연평균 15.8%의 수익 성장을 기록했습니다.성장 가속화: 532015는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 532015는 지난해 흑자전환하여 지난 해 수익 성장률을 Luxury 업계(14.7%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 532015의 자본 수익률(86.2%)은 뛰어남으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 03:39종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Gravity (India) Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 14Full year 2026 earnings released: EPS: ₹14.28 (vs ₹2.23 loss in FY 2025)Full year 2026 results: EPS: ₹14.28 (up from ₹2.23 loss in FY 2025). Revenue: ₹1.80b (up ₹1.79b from FY 2025). Net income: ₹128.5m (up ₹148.6m from FY 2025). Profit margin: 7.1% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year and the company’s share price has also increased by 73% per year.
공시 • May 02Gravity (India) Limited to Report Q4, 2026 Results on May 05, 2026Gravity (India) Limited announced that they will report Q4, 2026 results on May 05, 2026
Reported Earnings • Feb 08Third quarter 2026 earnings released: EPS: ₹5.00 (vs ₹0.37 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.00 (up from ₹0.37 in 3Q 2025). Revenue: ₹595.2m (up ₹595.2m from 3Q 2025). Net income: ₹45.0m (up ₹41.7m from 3Q 2025). Profit margin: 7.6% (down from 20,806% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 02Gravity (India) Limited to Report Q3, 2026 Results on Feb 06, 2026Gravity (India) Limited announced that they will report Q3, 2026 results on Feb 06, 2026
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.54 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.54 loss in 2Q 2025). Revenue: ₹205.0m (up ₹204.0m from 2Q 2025). Net income: ₹14.5m (up ₹28.3m from 2Q 2025). Profit margin: 7.1% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Nov 07Gravity (India) Limited to Report Q2, 2026 Results on Nov 13, 2025Gravity (India) Limited announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • May 14Full year 2026 earnings released: EPS: ₹14.28 (vs ₹2.23 loss in FY 2025)Full year 2026 results: EPS: ₹14.28 (up from ₹2.23 loss in FY 2025). Revenue: ₹1.80b (up ₹1.79b from FY 2025). Net income: ₹128.5m (up ₹148.6m from FY 2025). Profit margin: 7.1% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year and the company’s share price has also increased by 73% per year.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹17.33, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 433% over the past three years.
공시 • May 02Gravity (India) Limited to Report Q4, 2026 Results on May 05, 2026Gravity (India) Limited announced that they will report Q4, 2026 results on May 05, 2026
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹13.67, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 309% over the past three years.
New Risk • Apr 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 7x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Market cap is less than US$10m (₹874.6m market cap, or US$9.45m). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹13.04, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 228% over the past three years.
공시 • Feb 27Gravity (India) Limited has filed a Follow-on Equity Offering in the amount of INR 700 million.Gravity (India) Limited has filed a Follow-on Equity Offering in the amount of INR 700 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Regulation S
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹14.52, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 267% over the past three years.
Reported Earnings • Feb 08Third quarter 2026 earnings released: EPS: ₹5.00 (vs ₹0.37 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.00 (up from ₹0.37 in 3Q 2025). Revenue: ₹595.2m (up ₹595.2m from 3Q 2025). Net income: ₹45.0m (up ₹41.7m from 3Q 2025). Profit margin: 7.6% (down from 20,806% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 02Gravity (India) Limited to Report Q3, 2026 Results on Feb 06, 2026Gravity (India) Limited announced that they will report Q3, 2026 results on Feb 06, 2026
공시 • Jan 08+ 1 more updateGravity (India) Limited Approves Resignation of Manoj Kanhiyalal Ramavat as Director, Effective January 8, 2026Gravity (India) Limited at its board meeting held on January 8, 2026, approved resignation of Mr. Manoj Kanhiyalal Ramavat as Director of the Company, effective January 8, 2026. Reason for Change: Due to other Professional Commitments.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹12.51, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 191% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹9.76, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 98% over the past three years.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹8.15, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 73% over the past three years.
New Risk • Nov 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.5% average weekly change). High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (₹69.9m market cap, or US$789.9k). Minor Risk Revenue is less than US$5m (₹208m revenue, or US$2.4m).
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.54 loss in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.54 loss in 2Q 2025). Revenue: ₹205.0m (up ₹204.0m from 2Q 2025). Net income: ₹14.5m (up ₹28.3m from 2Q 2025). Profit margin: 7.1% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Nov 07Gravity (India) Limited to Report Q2, 2026 Results on Nov 13, 2025Gravity (India) Limited announced that they will report Q2, 2026 results on Nov 13, 2025
공시 • Oct 02Gravity (India) Limited Approves Regularization of DirectorsGravity (India) Limited at AGM held on September 30, 2025 approved regularization of Mr. Manoj Kanhiyalal Ramavat who was appointed as Additional Director of the company and designate him as the Managing Director. Regularization of Ms. Ambika Jindal (DIN: 10310252) who was appointed as Additional Director and designate her as Non-Executive Non-Independent Director. Regularization of Appointment of Mr. Tushar Rai Sharma (DIN: 09211414) who was appointed as Additional Director and designate him as Non-Executive Independent Director. Regularization of appointment of Ms Komal HardikKumar Patel who was appointed as Additional Independent Director and designate her as Independent Director.
공시 • Sep 04Gravity (India) Limited, Annual General Meeting, Sep 30, 2025Gravity (India) Limited, Annual General Meeting, Sep 30, 2025, at 13:00 Indian Standard Time.
Recent Insider Transactions • Aug 26Chairman recently sold ₹1.0m worth of stockOn the 20th of August, Varun Thakkar sold around 163k shares on-market at roughly ₹6.38 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.2m. Varun has been a net seller over the last 12 months, reducing personal holdings by ₹2.5m.
Reported Earnings • Aug 15First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: ₹660.0k (up ₹7.26m from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
공시 • Aug 06Gravity (India) Limited to Report Q1, 2026 Results on Aug 12, 2025Gravity (India) Limited announced that they will report Q1, 2026 results on Aug 12, 2025
New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹3.9m free cash flow). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m (₹12m revenue, or US$141k). Market cap is less than US$10m (₹59.1m market cap, or US$681.7k). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).
Recent Insider Transactions • Jun 05Non-Executive Non-Independent Director recently sold ₹2.2m worth of stockOn the 2nd of June, Dakshaben Thakkar sold around 431k shares on-market at roughly ₹5.17 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.7m more than they bought in the last 12 months.
Recent Insider Transactions • May 13Non-Executive Non-Independent Director recently sold ₹555k worth of stockOn the 8th of May, Dakshaben Thakkar sold around 121k shares on-market at roughly ₹4.57 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.4m more than they bought in the last 12 months.
Reported Earnings • Apr 25Full year 2025 earnings released: ₹2.23 loss per share (vs ₹6.85 loss in FY 2024)Full year 2025 results: ₹2.23 loss per share (improved from ₹6.85 loss in FY 2024). Revenue: ₹19.7m (down 13% from FY 2024). Net loss: ₹20.1m (loss narrowed 68% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
공시 • Apr 11Gravity (India) Limited to Report Fiscal Year 2025 Results on Apr 23, 2025Gravity (India) Limited announced that they will report fiscal year 2025 results on Apr 23, 2025
Recent Insider Transactions • Feb 22Chairman & MD recently sold ₹344k worth of stockOn the 20th of February, Varun Thakkar sold around 75k shares on-market at roughly ₹4.59 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Varun's only on-market trade for the last 12 months.
공시 • Feb 03Gravity (India) Limited Appoints Geetanjali Malik as Company Secretary & Compliance OfficerGravity (India) Limited announced that Ms. Geetanjali Malik has been appointed as company secretary & compliance officer (key managerial personnel) of the company with effect from 1 February 2025. Ms. Geetanjali Malik is the Associate member of ICSL She proficient in corporate governance, regulatory compliance, and stakeholder management. With a strong understanding of corporate laws and best practices, she ensures seamless board operations, legal adherence, and strategic business support. Skilled in handling corporate filings.
Reported Earnings • Feb 02Third quarter 2025 earnings released: EPS: ₹0.37 (vs ₹3.18 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹0.37 (up from ₹3.18 loss in 3Q 2024). Revenue: ₹7.52m (up 127% from 3Q 2024). Net income: ₹3.33m (up ₹31.7m from 3Q 2024). Profit margin: 44% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Board Change • Jan 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 23Gravity (India) Limited to Report Q3, 2025 Results on Feb 01, 2025Gravity (India) Limited announced that they will report Q3, 2025 results at 3:30 PM, Indian Standard Time on Feb 01, 2025
Reported Earnings • Oct 26Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹1.06m (down 88% from 2Q 2024). Net loss: ₹13.8m (loss widened ₹12.0m from 2Q 2024).
공시 • Oct 24Gravity (India) Limited Announces Resignation of Shreya Chawak as Company Secretary and Compliance OfficerGravity (India) Limited at its board meeting held on October 24, 2024, announced the resignation of Ms. Shreya Chawak from the post of Company Secretary and Compliance Officer of the Company.
공시 • Oct 16Gravity (India) Limited to Report Q2, 2025 Results on Oct 24, 2024Gravity (India) Limited announced that they will report Q2, 2025 results on Oct 24, 2024
Reported Earnings • Aug 08First quarter 2025 earnings released: ₹0.73 loss per share (vs ₹0.33 loss in 1Q 2024)First quarter 2025 results: ₹0.73 loss per share (further deteriorated from ₹0.33 loss in 1Q 2024). Revenue: ₹11.4m (up 57% from 1Q 2024). Net loss: ₹6.60m (loss widened 123% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.
공시 • Jul 30+ 1 more updateGravity (India) Limited, Annual General Meeting, Sep 30, 2024Gravity (India) Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time.
Reported Earnings • Jun 04Full year 2024 earnings released: ₹6.85 loss per share (vs ₹1.11 loss in FY 2023)Full year 2024 results: ₹6.85 loss per share (further deteriorated from ₹1.11 loss in FY 2023). Revenue: ₹22.8m (down 78% from FY 2023). Net loss: ₹61.6m (loss widened ₹51.7m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance.
New Risk • May 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.8m free cash flow). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (₹72m revenue, or US$860k). Market cap is less than US$10m (₹39.2m market cap, or US$471.2k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.8m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (₹72m revenue, or US$857k). Market cap is less than US$10m (₹38.3m market cap, or US$458.9k). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
공시 • Jan 23Gravity (India) Limited to Report Q3, 2024 Results on Feb 01, 2024Gravity (India) Limited announced that they will report Q3, 2024 results on Feb 01, 2024
공시 • Oct 21Gravity (India) Limited to Report Q2, 2024 Results on Nov 01, 2023Gravity (India) Limited announced that they will report Q2, 2024 results on Nov 01, 2023
공시 • Aug 30Gravity (India) Limited, Annual General Meeting, Sep 27, 2023Gravity (India) Limited, Annual General Meeting, Sep 27, 2023, at 13:00 Indian Standard Time.
Reported Earnings • Aug 05First quarter 2024 earnings released: ₹0.33 loss per share (vs ₹0.40 loss in 1Q 2023)First quarter 2024 results: ₹0.33 loss per share (improved from ₹0.40 loss in 1Q 2023). Revenue: ₹7.36m (down 70% from 1Q 2023). Net loss: ₹2.96m (loss narrowed 17% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.
공시 • Jul 25Gravity (India) Limited to Report Q1, 2024 Results on Aug 03, 2023Gravity (India) Limited announced that they will report Q1, 2024 results on Aug 03, 2023
New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹14m free cash flow). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Market cap is less than US$10m (₹32.9m market cap, or US$399.2k). Minor Risk Revenue is less than US$5m (₹102m revenue, or US$1.2m).
Reported Earnings • May 31Full year 2023 earnings released: ₹1.11 loss per share (vs ₹0.092 profit in FY 2022)Full year 2023 results: ₹1.11 loss per share (down from ₹0.092 profit in FY 2022). Revenue: ₹102.7m (down 20% from FY 2022). Net loss: ₹9.95m (down ₹10.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
공시 • May 17+ 1 more updateGravity (India) Limited to Report Fiscal Year 2023 Results on May 29, 2023Gravity (India) Limited announced that they will report fiscal year 2023 results on May 29, 2023
Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.07 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.06 (down from ₹0.07 in 3Q 2022). Revenue: ₹16.1m (down 60% from 3Q 2022). Net income: ₹546.0k (down 10.0% from 3Q 2022). Profit margin: 3.4% (up from 1.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.
공시 • Jan 31Gravity (India) Limited to Report Q3, 2023 Results on Feb 07, 2023Gravity (India) Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 07, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 12Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.36 profit in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (down from ₹0.36 profit in 2Q 2022). Revenue: ₹22.5m (down 29% from 2Q 2022). Net loss: ₹499.0k (down 116% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.
공시 • Nov 05Gravity (India) Limited to Report Q2, 2023 Results on Nov 10, 2022Gravity (India) Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 10, 2022
Board Change • Sep 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Samir Bipin Ruparelia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 12First quarter 2023 earnings released: ₹0.40 loss per share (vs ₹0.25 loss in 1Q 2022)First quarter 2023 results: ₹0.40 loss per share (down from ₹0.25 loss in 1Q 2022). Revenue: ₹24.6m (up 334% from 1Q 2022). Net loss: ₹3.57m (loss widened 55% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
공시 • Aug 03Gravity (India) Limited, Annual General Meeting, Aug 26, 2022Gravity (India) Limited, Annual General Meeting, Aug 26, 2022, at 13:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹3.30, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 93% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹4.08, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 176% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ₹3.69, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 81% over the past three years.
공시 • May 19Gravity (India) Limited to Report Q4, 2022 Results on May 25, 2022Gravity (India) Limited announced that they will report Q4, 2022 results on May 25, 2022
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹6.35, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 232% over the past three years.
Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.07 (up from ₹0.15 loss in 3Q 2021). Revenue: ₹40.4m (up ₹39.4m from 3Q 2021). Net income: ₹607.0k (up ₹2.00m from 3Q 2021). Profit margin: 1.5% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹7.28, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 143% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹6.55, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹5.26, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 45% over the past three years.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹0.36 (vs ₹0.07 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹32.2m (up ₹31.2m from 2Q 2021). Net income: ₹3.22m (up ₹3.88m from 2Q 2021). Profit margin: 10.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • Jul 02Full year 2021 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹24.9m (down 85% from FY 2020). Net loss: ₹2.87m (down 190% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹2.92, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹2.22, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 48% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₹2.34, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 18x in the Luxury industry in India. Total loss to shareholders of 26% over the past three years.
Is New 90 Day High Low • Mar 15New 90-day high: ₹1.94The company is up 47% from a price of ₹1.32 on 15 December 2020. Outperformed the Indian market which is up 14% over the last 90 days. Exceeded the Luxury industry, which is up 12% over the same period.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹1.57, the stock is trading at a trailing P/E ratio of 4.4x, up from the previous P/E ratio of 3.8x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 58%.
Reported Earnings • Feb 12Third quarter 2021 earnings released: ₹0.15 loss per share (vs ₹0.06 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹932.0k (down 98% from 3Q 2020). Net loss: ₹1.39m (loss widened 162% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Executive Departure • Feb 08Company Secretary & Compliance Officer has left the companyOn the 31st of January, Shweta Jain's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Shweta's name. A total of 2 executives have left over the last 12 months.
공시 • Feb 04Gravity (India) Limited to Report Q3, 2021 Results on Feb 10, 2021Gravity (India) Limited announced that they will report Q3, 2021 results on Feb 10, 2021
공시 • Feb 02Gravity (India) Ltd. Announces Resignation of Shweta Jain as Company Secretary and Compliance OfficerGravity (India) Limited announced the resignation of Ms. Shweta Jain as Company Secretary and Compliance Officer of the Company.
Is New 90 Day High Low • Jan 08New 90-day high: ₹1.54The company is up 13% from its price of ₹1.36 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 27% over the same period.
Valuation Update With 7 Day Price Move • Nov 23Market bids up stock over the past weekAfter last week's 19% share price gain to ₹1.24, the stock is trading at a trailing P/E ratio of 2.5x, up from the previous P/E ratio of 2.1x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 50%.
Is New 90 Day High Low • Nov 10New 90-day low: ₹1.09The company is down 11% from its price of ₹1.23 on 12 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period.
Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 17% share price decline to ₹1.19, the stock is trading at a trailing P/E ratio of 2.4x, down from the previous P/E ratio of 2.9x. This compares to an average P/E of 15x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 64%.
Is New 90 Day High Low • Oct 06New 90-day high: ₹1.43The company is up 9.0% from its price of ₹1.31 on 08 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 13% over the same period.
공시 • Aug 26Gravity (India) Limited to Report Q1, 2021 Results on Sep 02, 2020Gravity (India) Limited announced that they will report Q1, 2021 results on Sep 02, 2020