
3 Lead and Aluminium Recycler, Jewellery and Watches Leader and Wealth Management Firm Stocks With a Strong Future Roadmap: Gravita India, Titan Company and Anand Rathi Wealth
Gravita India, Titan Company and Anand Rathi Wealth: ROE of 15.4% to 35.4% and FY22 to FY26 revenue CAGR of 18.2% to 32.0%. Prices as of 4 Nov 2026.
Updated: 5 Nov 2026 • 11:25 am
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Quick Answer
The three metal recycling, jewellery and wealth stocks to watch are Gravita India, Titan Company and Anand Rathi Wealth. Their return on equity ranges from 15.4% to 35.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.2% to 32.0%. Anand Rathi Wealth has the highest return on equity at 35.4%, while Titan Company has the fastest revenue growth at 32.0% a year. Prices are based on the 4 November 2026 close, and this article is educational, not investment advice.
Metal recycling, jewellery and wealth stocks let investors follow companies that serve a growing part of the Indian economy. Gravita India, Titan Company and Anand Rathi Wealth cover a lead and aluminium recycler, a jewellery and watches leader and a wealth management firm.
This list covers three metal recycling, jewellery and wealth stocks with complete current figures: Gravita India, Titan Company and Anand Rathi Wealth. Every figure comes from the latest reported financials and the 4 November 2026 market close. Companies without complete current figures were left out.
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What Are Metal Recycling, Jewellery and Wealth Stocks?
Metal recycling, jewellery and wealth stocks are listed companies that recycle lead, aluminium and plastic, sell jewellery, watches and eyewear through well known brands, and serve affluent families with wealth management. Their earnings depend on metal demand, festive buying and client assets.
Metal Recycling, Jewellery and Wealth Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Gravita India | 1,474.6 | 10,050 | 25.7 | 11.3 | 15.4 | 0.30 |
| Titan Company | 4,754.4 | 392,401 | 68.1 | 46.6 | 32.3 | 0.93 |
| Anand Rathi Wealth | 2,296 | 36,778 | 80.7 | 16.9 | 35.4 | 0.05 |
On valuation, all three trade at a P/E above their industry P/E, which reflects the growth the market already expects from them. Readers comparing metal recycling, jewellery and wealth stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Metal Recycling, Jewellery and Wealth Stocks Have a Strong Roadmap in India?
Metal recycling, jewellery and wealth stocks have a strong roadmap in India because growing circular economy needs, wedding and festive buying and rising household wealth keep widening the market for these companies.
- Recycling. Industry needs steady secondary metal supply.
- Jewellery and watches. Weddings and festivals support buying.
- Wealth management. Affluent families seek planned investing.
Why Gravita India Features Among These Metal Recycling, Jewellery and Wealth Stocks
Among the metal recycling, jewellery and wealth stocks on this list, Gravita India is a Jaipur-based recycler of lead, aluminium and plastic that operates plants in India, Africa and other regions and sells recycled metal products.
Revenue rose from Rs 2,224 crore in FY22 to Rs 4,342 crore in FY26, a compound annual growth rate of 18.2%. Net profit grew from Rs 148 crore in FY22 to Rs 378 crore in FY26, which works out to a compound annual growth rate of 26.3%.
In the June 2026 quarter, revenue grew 42.3% year on year to Rs 1,523 crore, while net profit rose 14.3% to Rs 106 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 10,050 crore. The stock trades at a P/E of 25.7, above the industry P/E of 11.3.
Roadmap: The company is expanding recycling capacity and moving into value-added products, helped by rising focus on circular economy and recycled materials. A global sourcing network supports supply.
What to watch: Track capacity additions, volume growth and the share of value-added products.
Why Titan Company Features Among These Metal Recycling, Jewellery and Wealth Stocks
Among the recycling and festive shares on this list, Titan Company is a Tata Group lifestyle company with leading businesses in jewellery under Tanishq, watches and wearables under Titan, Fastrack and Sonata, eyewear and fragrances.
In the June 2026 quarter, revenue grew 29.3% year on year to Rs 21,502 crore, while net profit rose 62.9% to Rs 1,777 crore. Revenue rose from Rs 29,033 crore in FY22 to Rs 88,136 crore in FY26, a compound annual growth rate of 32.0%.
Net profit grew from Rs 2,198 crore in FY22 to Rs 5,073 crore in FY26, which works out to a compound annual growth rate of 23.3%. The company has a return on equity of 32.3%, a debt to equity ratio of 0.93 and a market capitalisation of Rs 392,401 crore. The stock trades at a P/E of 68.1, above the industry P/E of 46.6.
Roadmap: The company is adding stores across the country, shifting customers from unorganised jewellers to a trusted brand and growing its newer categories. Its large retail network and strong brands support steady growth in each category.
What to watch: Check store additions and the growth of its non-jewellery businesses.
Why Anand Rathi Wealth Features Among These Metal Recycling, Jewellery and Wealth Stocks
Among the three companies on this list, Anand Rathi Wealth provides wealth management services to affluent and high net worth families, offering mutual funds, structured products and financial planning through a large team of relationship managers.
The company has a return on equity of 35.4%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 36,778 crore. The stock trades at a P/E of 80.7, above the industry P/E of 16.9.
Revenue rose from Rs 425 crore in FY22 to Rs 1,253 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 127 crore in FY22 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 33.1%.
Roadmap: The company is adding clients and relationship managers while deepening wallet share in its existing client base. Rising financial wealth in India supports demand for advice-led services.
What to watch: Follow growth in client assets, the number of relationship managers and recurring revenue.
Gravita India vs Titan Company vs Anand Rathi Wealth on Key Financials
The table below sets the three metal recycling, jewellery and wealth stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Gravita India | 2,224 | 4,342 | 18.2% | 378 | 8.7% |
| Titan Company | 29,033 | 88,136 | 32.0% | 5,073 | 5.8% |
| Anand Rathi Wealth | 425 | 1,253 | 31.0% | 397 | 31.7% |
Anand Rathi Wealth posts the highest return on equity in this group at 35.4%. Titan Company combines the largest FY26 revenue at Rs 88,136 crore with the fastest revenue growth, a 32.0% compound annual rate. A useful habit with metal recycling, jewellery and wealth stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Metal Recycling, Jewellery and Wealth Stocks
Every theme carries risks that deserve a check before any decision. For these metal recycling, jewellery and wealth stocks, the main points are: Long-term recycling and festive shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Commodity prices. Selling prices follow global and domestic markets.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter metal recycling, jewellery and wealth stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Metal Recycling, Jewellery and Wealth Stocks
Metal recycling, jewellery and wealth stocks reward investors who follow demand trends, order books and margins together. Gravita India, Titan Company and Anand Rathi Wealth each have a clear plan to grow. Based on the 4 November 2026 close, Gravita India trades at Rs 1,474.6, Titan Company at Rs 4,754.4 and Anand Rathi Wealth at Rs 2,296.
Download the Univest iOS App or Univest Android App to track metal recycling, jewellery and wealth stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are metal recycling, jewellery and wealth stocks?
Ans. Metal recycling, jewellery and wealth stocks are listed companies that recycle lead, aluminium and plastic, sell jewellery, watches and eyewear through well known brands, and serve affluent families with wealth management. Their earnings depend on metal demand, festive buying and client assets. This list looks at three of them, Gravita India, Titan Company and Anand Rathi Wealth, using reported FY22 to FY26 financials and the 4 November 2026 closing prices.
Which metal recycling, jewellery and wealth stocks are covered in this list?
Ans. This list covers Gravita India, Titan Company and Anand Rathi Wealth. Based on the 4 November 2026 close, Gravita India traded at Rs 1,474.6, Titan Company at Rs 4,754.4 and Anand Rathi Wealth at Rs 2,296. Their return on equity ranges from 15.4% to 35.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.2% to 32.0%.
Why do metal recycling, jewellery and wealth stocks have a strong future roadmap in India?
Ans. Metal recycling, jewellery and wealth stocks have a strong roadmap in India because growing circular economy needs, wedding and festive buying and rising household wealth keep widening the market for these companies. The main drivers are as follows. Recycling. Industry needs steady secondary metal supply. Jewellery and watches. Weddings and festivals support buying. Wealth management. Affluent families seek planned investing. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Gravita India performed financially?
Ans. Revenue rose from Rs 2,224 crore in FY22 to Rs 4,342 crore in FY26, a compound annual growth rate of 18.2%. Net profit grew from Rs 148 crore in FY22 to Rs 378 crore in FY26, which works out to a compound annual growth rate of 26.3%. In the June 2026 quarter, revenue grew 42.3% year on year to Rs 1,523 crore, while net profit rose 14.3% to Rs 106 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 10,050 crore. The stock trades at a P/E of 25.7, above the industry P/E of 11.3. Looking ahead, the company is expanding recycling capacity and moving into value-added products, helped by rising focus on circular economy and recycled materials. A global sourcing network supports supply.
How has Titan Company performed financially?
Ans. Revenue rose from Rs 29,033 crore in FY22 to Rs 88,136 crore in FY26, a compound annual growth rate of 32.0%. Net profit grew from Rs 2,198 crore in FY22 to Rs 5,073 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 29.3% year on year to Rs 21,502 crore, while net profit rose 62.9% to Rs 1,777 crore. The company has a return on equity of 32.3%, a debt to equity ratio of 0.93 and a market capitalisation of Rs 392,401 crore. The stock trades at a P/E of 68.1, above the industry P/E of 46.6. Looking ahead, the company is adding stores across the country, shifting customers from unorganised jewellers to a trusted brand and growing its newer categories. Its large retail network and strong brands support steady growth in each category.
How has Anand Rathi Wealth performed financially?
Ans. Revenue rose from Rs 425 crore in FY22 to Rs 1,253 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 127 crore in FY22 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 33.1%. The company has a return on equity of 35.4%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 36,778 crore. The stock trades at a P/E of 80.7, above the industry P/E of 16.9. Looking ahead, the company is adding clients and relationship managers while deepening wallet share in its existing client base. Rising financial wealth in India supports demand for advice-led services.
What risks should investors check before buying metal recycling, jewellery and wealth stocks?
Ans. Investors should check a few risks before buying metal recycling, jewellery and wealth stocks. Commodity prices. Selling prices follow global and domestic markets. Consumer spending. Sales follow festivals, incomes and consumer mood. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of metal recycling, jewellery and wealth stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 4 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
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