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Graphite India Overview

Graphite India Ltd is engaged within the business of producing graphite electrodes, graphite equipment's, steel, glass reinforced plastic (GRP) pipes and tanks. The Company is also engaged in generation of hydel power. The Company operates via segments: Graphite and Carbon, and Others. Its Graphite and Carbon section is engaged in the manufacturing of graphite electrodes, different miscellaneous graphite and carbon products and related processing/service charges. Its Others section is engaged in production/laying of GRP pipes, and in productio...Read More

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Graphite India Key Financials

Market Cap ₹13270 Cr.

Stock P/E 29

P/B 2.2

Current Price ₹679.2

Book Value ₹ 304.6

Face Value 2

52W High ₹747

Dividend Yield 1.62%

52W Low ₹ 421.3

Graphite India Share Price

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Volume
Price

Graphite India Quarterly Price

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Graphite India Peer Comparison

Graphite India Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 793 690 720 728 643 523 666 665 729 642
Other Income 91 63 72 194 168 19 57 150 89 108
Total Income 884 753 792 922 811 542 723 815 818 750
Total Expenditure 823 703 730 615 533 531 627 622 686 600
Operating Profit 61 50 62 307 278 11 96 193 132 150
Interest 4 4 3 3 4 2 2 2 3 2
Depreciation 19 21 22 20 22 23 25 24 24 24
Exceptional Income / Expenses 954 0 0 0 0 0 0 0 0 -27
Profit Before Tax 992 25 37 284 252 -14 69 167 105 97
Provision for Tax 190 8 21 48 58 7 20 34 29 30
Profit After Tax 802 17 16 236 194 -21 49 133 76 67
Adjustments 2 1 0 1 1 1 1 1 1 1
Profit After Adjustments 804 18 16 237 195 -20 50 134 77 68
Adjusted Earnings Per Share 41.2 0.9 0.8 12.2 10 -1 2.6 6.9 3.9 3.5

Graphite India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1711 1532 1468 3266 7858 3094 1958 3027 3181 2950 2560 2702
Other Income 35 49 86 89 210 174 316 294 133 304 438 404
Total Income 1746 1582 1554 3355 8068 3268 2274 3320 3314 3254 2998 3106
Total Expenditure 1574 1398 1428 1822 2835 3173 2163 2552 2869 3094 2307 2535
Operating Profit 172 184 126 1533 5233 95 111 768 445 160 692 571
Interest 16 9 8 8 12 18 6 5 13 17 11 9
Depreciation 44 49 46 52 62 51 52 55 57 80 90 97
Exceptional Income / Expenses -6 0 0 0 -55 0 0 0 -53 954 0 -27
Profit Before Tax 107 125 72 1473 5101 19 43 693 322 1017 591 438
Provision for Tax 49 43 1 441 1705 -26 75 188 123 212 133 113
Profit After Tax 58 83 70 1032 3396 45 -32 505 199 805 458 325
Adjustments 0 0 0 0 0 0 0 0 0 3 4 4
Profit After Adjustments 58 83 70 1032 3396 45 -32 505 199 808 462 329
Adjusted Earnings Per Share 2.9 4.2 3.6 52.8 173.8 2.3 -1.6 25.8 10.2 41.4 23.6 16.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -13% -5% -4% 4%
Operating Profit CAGR 333% -3% 49% 15%
PAT CAGR -43% -3% 59% 23%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 41% 36% 2% 24%
ROE Average 8% 9% 7% 16%
ROCE Average 10% 12% 10% 22%

Graphite India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1746 1788 1858 2732 5351 4554 4542 4947 4964 5611 5866
Minority's Interest 0 0 0 0 0 0 0 0 1 4 1
Borrowings 42 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 85 91 87 48 112 81 95 820 944 962 1015
Total Current Liabilities 722 2006 616 951 1439 943 891 3319 3143 1031 1150
Total Liabilities 2595 3884 2560 3731 6902 5578 5527 9086 9052 7608 8032
Fixed Assets 640 591 667 702 664 637 640 691 789 948 1094
Other Non-Current Assets 136 132 124 205 639 716 1178 1833 1966 1961 1995
Total Current Assets 1819 3161 1769 2824 5598 4224 3709 6563 6297 4699 4944
Total Assets 2595 3884 2560 3731 6902 5578 5527 9086 9052 7608 8032

Graphite India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 30 28 17 11 41 400 364 0 68 23 37
Cash Flow from Operating Activities 171 268 260 760 2323 253 584 -488 -160 680 500
Cash Flow from Investing Activities 7 -90 -225 -554 -1271 526 -534 213 330 -239 -202
Cash Flow from Financing Activities -173 -192 -39 -179 -676 -839 -199 105 -213 -427 -226
Net Cash Inflow / Outflow 4 -14 -4 27 375 -59 -149 -170 -44 14 72
Closing Cash & Cash Equivalent 31 17 11 41 400 364 230 68 23 37 109

Graphite India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.95 4.24 3.61 52.81 173.78 2.3 -1.64 25.82 10.2 41.36 23.65
CEPS(Rs) 5.18 6.76 5.98 55.46 176.97 4.93 1.01 28.64 13.11 45.31 28.03
DPS(Rs) 2 2 2 17 55 2 5 10 8.5 11 11
Book NAV/Share(Rs) 89.39 91.5 95.06 139.81 273.83 233.07 232.43 253.16 254.03 287.14 300.2
Core EBITDA Margin(%) 7.66 8.36 2.55 43.88 63.93 -2.56 -10.48 15.68 9.81 -4.88 9.9
EBIT Margin(%) 6.88 8.37 5.13 45 65.06 1.19 2.5 23.04 10.53 35.05 23.53
Pre Tax Margin(%) 5.99 7.79 4.62 44.76 64.92 0.62 2.19 22.88 10.12 34.46 23.09
PAT Margin (%) 3.23 5.14 4.53 31.36 43.21 1.45 -1.64 16.67 6.26 27.29 17.9
Cash Profit Margin (%) 5.67 8.2 7.52 32.92 44.01 3.12 1.01 18.49 8.05 30.01 21.39
ROA(%) 2.14 2.56 2.19 32.81 63.87 0.72 -0.58 6.9 2.19 9.66 5.86
ROE(%) 3.29 4.69 3.87 44.97 84.02 0.91 -0.71 10.63 4.02 15.22 7.98
ROCE(%) 5.66 6.42 3.79 57.85 117.34 0.69 1 13.75 6.23 18.5 10.19
Receivable days 92.53 102.78 107.56 70.14 39.05 74.36 69.19 53.04 62.31 66.06 70.58
Inventory Days 207.28 197.23 158.64 77 68.44 219.81 240.72 164.61 231.89 227.83 181.09
Payable days 87.85 88.4 105.5 145.5 130.09 71.59 64.74 107.03 101.21 43.16 67.22
PER(x) 28.26 16.85 31.12 13.75 2.57 55.24 0 19.48 25.7 14.59 20.22
Price/Book(x) 0.93 0.78 1.18 5.2 1.63 0.55 2.2 1.99 1.03 2.1 1.59
Dividend Yield(%) 2.4 2.8 1.78 2.34 12.31 1.57 0.98 1.99 3.24 1.82 2.3
EV/Net Sales(x) 1.15 1.09 1.64 4.41 1.11 0.79 5.1 3.34 1.72 4.03 3.65
EV/Core EBITDA(x) 11.42 9.11 19.04 9.4 1.66 25.63 90.05 13.16 12.26 74.24 13.49
Net Sales Growth(%) -14.86 -10.43 -4.21 122.51 140.6 -60.63 -36.72 54.6 5.1 -7.27 -13.21
EBIT Growth(%) -48.15 9.88 -40.93 1759.71 245.2 -99.28 32.26 1326.56 -51.94 208.5 -41.73
PAT Growth(%) -55.66 43.8 -14.92 1364.66 229.03 -98.68 -171.35 1672.66 -60.55 304.34 -43.07
EPS Growth(%) -55.66 43.79 -14.93 1364.67 229.03 -98.68 -171.35 1672.62 -60.49 305.37 -42.82
Debt/Equity(x) 0.21 0.17 0.14 0.1 0.07 0.09 0.05 0.09 0.09 0.03 0.03
Current Ratio(x) 2.52 1.58 2.87 2.97 3.89 4.48 4.16 1.98 2 4.56 4.3
Quick Ratio(x) 1.15 1.2 1.89 2.14 2.39 2.82 3.02 1.46 1.26 3.25 3.27
Interest Cover(x) 7.75 14.25 10.09 183.3 439.99 2.08 8.06 152.55 25.4 60.31 53.97
Total Debt/Mcap(x) 0.23 0.22 0.12 0.02 0.04 0.17 0.02 0.04 0.08 0.02 0.02

Graphite India Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 65.34 65.34 65.34 65.34 65.34 65.34 65.34 65.34 65.34 65.34
FII 4.39 4.28 4.56 4.4 4.59 5.05 5.46 5 6.6 6.43
DII 9.49 10.62 12.16 11.39 10 9.9 10.48 10.05 9.55 9.99
Public 20.78 19.76 17.93 18.87 20.07 19.71 18.73 19.61 18.52 18.24
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Graphite India News

Graphite India Pros & Cons

Pros

  • Company has delivered good profit growth of 59% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 9% over the last 3 years.
  • Debtor days have increased from 43.16 to 67.22days.
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