Gravita India (NSE:GRAVITA) Net Current Asset Value: ₹190.03 (As of Mar. 2026) — 1615% Above Median

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Director of Data and Quant Analytics at GuruFocus
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NSE:GRAVITA Gravita India Ltd NSE:GRAVITA
97 GF Score
Price ₹1,788.80
GF Value ₹2,027.77
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gravita India Net Current Asset Value?

Gravita India NSE:GRAVITA +0.74% 97 Net Current Asset Value is ₹190.03 as of Mar. 2026, which is 100% below its 10-year median of 11.08. GuruFocus rates NSE:GRAVITA with a GF Score™ of 97/100 and a GF Value™ of ₹2,027.77 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,217 Industrial Products companies, Gravita India ranks worse than 69.78% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Gravita India's net current asset value per share for the quarter that ended in Mar. 2026 was ₹190.03.

The historical rank and industry rank for Gravita India's Net Current Asset Value or its related term are showing as below:

NSE:GRAVITA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.94   Med: 11.08   Max: 24.11
Current: 9.41

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gravita India was 24.11. The lowest was 6.94. And the median was 11.08.

NSE:GRAVITA's Price-to-Net-Current-Asset-Value is ranked worse than
69.78% of 2217 companies
in the Industrial Products industry
Industry Median: 4.95 vs NSE:GRAVITA: 9.41

Gravita India  (NSE:GRAVITA) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Gravita India Net Current Asset Value Related Terms


Gravita India Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Gravita India's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gravita India Net Current Asset Value Chart

Gravita India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.91 36.54 60.44 207.93 190.03

Gravita India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 207.93 0.00 221.43 0.00 190.03

NSE:GRAVITA vs CRS, ATI, MLI: Net Current Asset Value Comparison

For the Metal Fabrication subindustry, Gravita India's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gravita India Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gravita India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gravita India's Price-to-Net-Current-Asset-Value falls into.


NSE:GRAVITA
97GF Score
Gravita India Ltd NSE:GRAVITA
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gravita India Net Current Asset Value Calculation

Gravita India's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(23493.8-9585.4-67.8-0)/72.833
=190.03

Gravita India's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(23493.8-9585.4-67.8-0)/72.833
=190.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹190.03 mean?
Gravita India (NSE:GRAVITA) has a Net Current Asset Value of ₹190.03 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gravita India and its competitors. This is 1615% above median its historical median of 11.08. Over the past decade, Gravita India's Net Current Asset Value has ranged from 6.94 to 24.11. According to the industry distribution chart, Gravita India ranks #1547 out of 2217 companies in the Industrial Products industry, placing it in the top 69.8%.
Is Gravita India's Net Current Asset Value too high?
Gravita India's current Net Current Asset Value of ₹190.03 is 1615% above median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 24.11. Based on the distribution chart, Gravita India ranks #1547 out of 2217 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Gravita India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gravita India's Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Gravita India ranks #1547 out of 2217 companies for Net Current Asset Value. This places Gravita India in the lower half of its industry. The industry median Net Current Asset Value is 4.95. Historically, Gravita India's own Net Current Asset Value has ranged from 6.94 to 24.11 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.95, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gravita India and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gravita India's current Net Current Asset Value is ₹190.03, which is 1615% above median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gravita India stock overvalued right now?
Based on GuruFocus' analysis, Gravita India (NSE:GRAVITA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,027.77, compared to a current price of ₹1,788.80 — trading 11.8% below its estimated fair value. The current Net Current Asset Value is ₹190.03, which is 1615% above median its 10-year median of 11.08. Gravita India's overall GF Score™ is 97/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Gravita India (NSE:GRAVITA), the current Net Current Asset Value is ₹190.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gravita India (NSE:GRAVITA) Overvalued in 2026?

Based on GuruFocus' analysis, Gravita India stock appears to be undervalued. The current stock price of ₹1,788.80 is trading 11.8% below its estimated GF Value™ of ₹2,027.77. GuruFocus considers Gravita India to be Modestly Undervalued.

Key valuation signals for NSE:GRAVITA:

  • Net Current Asset Value: ₹190.03 (1615% above median its 10-year median of 11.08)
  • GF Value™: ₹2,027.77 vs. price of ₹1,788.80 (11.8% below fair value)
  • GF Score™: 97/100 with 7 warning signs

No single metric tells the full story. See the NSE:GRAVITA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gravita India Business Description

Other Exchanges 533282:India
Address A-27 B, Shanti Path, 402, Gravita Tower, Tilak Nagar, Jaipur, RJ, IND, 302 004
Gravita India Ltd is involved in the metal fabrication business. It has business segments are Lead processing, Aluminium processing, Turn-key solutions, and Plastic manufacturing. It produces products like Lead, Aluminium, and Plastics. The organization sells its products in India and also exports them to other countries such as United Arab Emirates, South Korea and other countries. The majority of the firm's revenue is derived from the Lead processing segment.
97GF Score

Get the complete analysis for NSE:GRAVITA

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,788.80
Price
₹2,027.77
GF Value