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NSE:GRAPHITE

GRAPHITE INDIA LTD

Capital Goods › Industrial Products·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹733.55
at close · 28 Oct 2026
▼ 9.55 (-1.29%)
ThemesBatteries & Energy Storage· growingSolar Energy· growing

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Board to review September 2026 financial results · Compliance
  2. GIL raises stake in Godi India to 52.68% through rights issue · Corporate Actions
  3. ESG score revised down to 62 from 64 by NSE Sustainability · Business Updates
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes graphite electrodes and related carbon products used primarily by steelmakers running electric arc furnaces. In FY26, the Graphite and Carbon segment generated Rs 2,594 crore (90.9% of segment revenue) with EBIT of Rs 164 crore, while a smaller Steel segment added Rs 257 crore (9.0%) and an Others segment contributed Rs 4 crore (0.1%) and ran at a loss of Rs 24 crore at the EBIT level. The business operates 7 plants in India and 2 international plants, and exports form a significant share of revenue across 27 countries. Materials are the largest cost line at 40.4% of revenue, followed by other operating expenses at 36.3% and employee costs at 9.4%. The company is closing its Graphite Specialities and Coating divisions in Germany, which contributed about 4% of FY26 turnover, and faces a preliminary US countervailing duty of 3.68% on large-diameter graphite electrodes exported to the US.

Revenue mix · reported segments
Graphite and Carbon90.9%
Steel9.0%
Others0.1%
Operating scale
Graphite electrodes share of revenue
72% of revenueFY26
Manufacturing footprint
7 plants in India + 2 international plantsFY26
Exports
41% of revenue across 27 countriesFY26
Workforce
878 employees + 2,512 workersFY26
Germany divisions being closed
~4% of FY26 turnover (around Rs 105 crore)FY26
Who pays it
Steelmakers running electric arc furnaces (EAF)
Biggest cost
Materials at 40.4% of revenue
Kind of business
Cyclical, asset-heavy graphite electrode and carbon manufacturing
Where it sits
Operates 7 Indian plants plus 2 international plants; exports to 27 countries
Market Cap
₹14,304 Cr
P / E (TTM)
41.2×
EV / EBITDA
24.2×
Div Yield
1.50%
Growth
7.8%▲
Revenue 5y CAGR
PAT — · EBITDA +26.8%
Quality
9.9%·
ROCE (5y median)
ROE 7.8% (5y median) · margin 12.8%
Leverage
0.06·
Debt / Equity · low
Net debt ₹345 Cr
Revenue FY21→FY26
1.5×▲
Margin +7.6 pts
₹1,958 Cr → ₹2,852 Cr
Cash conversion
0.29×▼
Operating cash ÷ profit · 5 yrs
₹614 Cr on ₹2,139 Cr
Moves on a normal day
1.51%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 10 Electrodes & Refractories peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/9
P/B#6/10
ROCE#9/11
ROE#9/10
Debt / Equity#6/10
EBITDA margin#3/11
Revenue growth#3/11
Profit growth#7/11

Scorecard

Measured from the filed financials, judged against its Electrodes & Refractories peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Erratic profits — up in only 2 of the last 5 years
Over 5 years it reported ₹2,139 Cr of profit and ₹614 Cr of operating cash — 0.29×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 199 days of cash tied up
Customers are taking longer to pay — 63 → 85 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

GRAPHITE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GRAPHITE INDIA LTD's filed financials and exchange disclosures

What does GRAPHITE INDIA LTD do?

GRAPHITE INDIA LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol GRAPHITE.

Is GRAPHITE INDIA LTD profitable?

Yes. Over the trailing twelve months GRAPHITE INDIA LTD reported a net profit of ₹342 Cr on revenue of ₹3,694 Cr.

Does GRAPHITE INDIA LTD pay a dividend?

Yes. The dividend yield is 1.50% at the current price. It paid out 126% of its profit as dividend in FY26.

Is GRAPHITE INDIA LTD debt-free?

No. It reported borrowings of ₹367 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹345 Cr after cash. Debt stands at 0.06× equity. That is higher than 56% of its 10 Electrodes & Refractories peers.

Is GRAPHITE INDIA LTD expensive compared with its peers?

On trailing P/E, GRAPHITE INDIA LTD ranks 7 of 9 in Electrodes & Refractories — cheaper than 25% of them, against an industry median of 30.3×. This is a position, not a valuation judgement.

How much does the GRAPHITE INDIA LTD share price move in a day?

On a typical session GRAPHITE INDIA LTD moves 1.51% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are GRAPHITE INDIA LTD's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track GRAPHITE INDIA LTD's announcements?

Every NSE and BSE filing by GRAPHITE INDIA LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.