SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Graphite India Ltd (GRAPHITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509488 NSE: GRAPHITE Electrodes & Welding Equipment | Small Cap | Graphite India Share Price

₹714.65 -15.10 (-2.07%)

As on 04-Jun'26 16:59

Graphite India Ltd (GRAPHITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509488 NSE: GRAPHITE Electrodes & Welding Equipment | Small Cap | Graphite India Share Price

₹714.65 -15.10 (-2.07%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹13,963 Cr.
Current Price
₹714.7
52-Week Low / High
₹506 / 802
TTM EPS
₹13.5
TTM Sales
₹2,812 Cr.
Book Value per Share
₹288.4
P/E Ratio
52.89
Higher than its 5-year historical median
Industry PE
44.7
Price to Book (P/B)
2.48
Higher than its 5-year historical median
Price to Sales (P/S)
4.97
Higher than its 5-year historical median
EV/EBITDA
30.76
Higher than its 5-year historical median
Dividend Yield
2.30%
Profitability Efficiency
Return on Equity (ROE)
8.28%
Underperforms industry median
Return on Capital Employed (ROCE)
10.34%
Underperforms industry median
Return on Assets (ROA)
4.85%
Operating Profit Margin
9.6%
Net Profit Margin
18.69%
Gross Profit Margin
26.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-16.39%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-48.12%
Asset Quality
Promoter Holding
65.34%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5,595 Cr.
Equity
₹39.1 Cr.
Face Value
₹2
All Time Low / High
₹2.10 / 1126.40

Graphite India stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Graphite India Ltd a good quality company?
Graphite India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Graphite India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Graphite India Ltd vs industry peers?
Graphite India Ltd revenue CAGR is -3.39%, compared to the industry median CAGR of 7.29%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Graphite India Ltd?
Promoters hold 65.34% of the Graphite India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Graphite India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 26.2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Graphite India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.8%6.1%58.9%110.5%0.4%6.6%16.7%9.9%21%10.3%-
Value Creation
Index
-0.5-0.63.47.2-1.0-0.50.2-0.30.6-0.2-

Growth Parameters

Sales 1,3471,3062,9586,7372,8751,8392,7992,9132,8942,4202,812
Sales YoY Gr.--3%126.6%127.8%-57.3%-36.1%52.2%4.1%-0.7%-16.4%-
Adj EPS 4.1444.8141.6-0.16.523.116.33.211.213.5
YoY Gr.--1.7%1014.2%216.2%-100.1%NA256.3%-29.5%-80.7%255.6%-
BVPS (₹) 89.194.8133.2238.2195205.1229.6237.6273.6285.7288.4
Adj Net
Profit
79.978.58752,767-2.812745131861.6219264
Cash Flow from Ops. 2852507041,770172633-193-113716543-
Debt/CF from Ops. 0.60.50.20.22.40.4-1.8-30.10.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.7%-3.4%-4.7%-16.4%
Adj EPS 11.8%NA-21.4%255.6%
BVPS13.8%7.9%7.6%4.4%
Share Price 25.6% -1.2% 24% 28.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.64.439.376.3-0.13.210.671.244.7
Op. Profit
Mgn %
11.2645.762.4-3.31.118.713.7-2.89.62.9
Net Profit
Mgn %
5.9629.641.1-0.16.916.110.92.199.4
Debt to
Equity
0.10.10.10.10.10.10.10.1000
Working Cap
Days
492380160116301357453684642688283
Cash Conv.
Cycle
2512137945215233160245255216205

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,3471,3062,9586,7372,8751,8392,7992,9132,8942,420
Operating Expenses + 1,1961,2301,6062,5312,9701,8232,2762,5162,9772,189
Manufacturing Costs353416531653479434703876645641
Material Costs5895367321,4212,1181,0121,1351,2241,9441,132
Employee Cost 135152176222206185223226225236
Other Costs 119126167236166191215190163180
Operating Profit 150761,3534,206-9416523397-83231
Operating Profit Margin (%) 11.2%5.8%45.7%62.4%-3.3%0.9%18.7%13.6%-2.9%9.5%
Other Income + 478489196157306279133291425
Exceptional Items 000-5500009540
Interest 8761117649126
Depreciation 44424656444546467081
Profit Before Tax 1451111,3894,28112717534761,079569
Tax 40-14751,475-3072179126207116
Profit After Tax 1051129142,80631199574350872452
PAT Margin (%) 7.8%8.6%30.9%41.7%1.1%10.8%20.5%12.0%30.1%18.7%
Adjusted EPS (₹)5.45.846.8143.61.610.229.417.944.623.2
Dividend Payout Ratio (%)37.40%34.80%36.40%38.30%124.70%49%34%47.50%24.70%47.50%

Valuation of Graphite India - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1,7411,8522,6024,6533,8104,0084,4874,6425,3465,582
Share Capital 39393939393939393939
Reserves 1,7021,8132,5634,6143,7713,9694,4484,6035,3075,543
Debt +1801271553604162233443359685
Long Term Debt0000000000
Short Term Debt1801271553604162233443359685
Minority Interest0000000000
Trade Payables158211395573177218418290150257
Others Liabilities 9182133443572393433,2093,3073,5143,631
Total Liabilities 2,9982,4033,4965,9434,6424,7928,4578,5759,1069,556

Fixed Assets

Net Fixed Assets +541617643607577568534658822971
Gross Block5857037757958098338411,0091,2371,459
Accumulated Depreciation4486132188232266307350415487
CWIP 6532817358014212714566
Investments 5376641,2412,5661,9992,5142,3152,1683,4553,869
Inventories6325136701,8211,2098231,4712,1901,2211,088
Trade Receivables432407759705402362538523539454
Cash Equivalents 641313019511047146171
Others Assets 7851301441974013953,3532,8382,8792,936
Total Assets 2,9982,4033,4965,9434,6424,7928,4578,5759,1069,556

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2852507041,770172633-193-113716543
PBT 1451111,3894,28112717534761,079569
Adjustment 31-3-19-92-35-79-183-45-1,149-324
Changes in Working Capital 160181-228-966319490-645-875947388
Tax Paid -50-40-438-1,452-114-49-119331-161-89
Cash Flow From Investing Activity + -111-192-546-1,206646-400165300-289-226
Capex -52-79-50-26-36-65-82-159717-159
Net Investments -59-116-498-1,214636-385184392-1,049-135
Others 03234465063664468
Cash Flow From Financing Activity + -181-58-142-558-838-19920-213-418-232
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -112000000000
Interest Paid -8-7-6-10-17-7-3-9-13-6
Dividend Paid -780-137-625-7230-98-195-166-215
Others 17-52177-98-192121-9-240-11
Net Cash Flow -7-1157-2035-8-251085

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.996.2541.0377.340.745.113.527.6717.468.28
ROCE (%)7.776.0558.91110.460.46.5616.719.8920.9510.34
Asset Turnover Ratio0.470.521.011.430.540.390.420.340.330.26
PAT to CFO Conversion(x)2.712.230.770.635.553.18-0.34-0.320.821.2
Working Capital Days
Receivable Days105109.9071.3039.6070.3075.8058.6066.406774.90
Inventory Days190.50150.1072.3067.50192.30201.80149.60229.30215.10174.10
Payable Days85.50104.90141.10122.5064.6071102105.6041.3065.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Graphite India Ltd FAQs

The current trading price of Graphite India on 04-Jun-2026 16:59 is ₹714.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Graphite India stood at ₹13,962.5 Cr

The latest P/E ratio of Graphite India as of 03-Jun-2026 is 52.89.

The latest P/B ratio of Graphite India as of 03-Jun-2026 is 2.48.

The 52-week high of Graphite India is ₹802.2 and the 52-week low is ₹506.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Graphite India is ₹2,812 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Graphite India Ltd is a average quality company.

The key valuation ratios of Graphite India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Graphite India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Graphite India Ltd

Graphite India (GIL) is the pioneer in Carbon and Graphite products in India. It came into existence way back in 1960s. Starting with Graphite Electrodes, the core product of the company, it has entered into the coveted field of Speciality application of carbon and graphite. By further leveraging its core competence and economies of scale the company intends to advance its production capacity cost efficiently.

With efficient global partners and proximity of its manufacturing facilities to inland customers and sea ports, GIL is able to ensure timely deliveries to its customers. Over the years, GIL has emerged to become an established and reputed brand in the Global Market. The corporate philosophy of the company lays emphasis on consistent quality of products and services across all its divisions which have culminated to an enviable track record in the industry arena.

GIL has a strong international presence and is among the top few electrode manufacturing companies with respect to capacity, customer bondage and an impeccable quality & service. The company is ISO 9001 accredited and adopts eco-friendly processes.

Business area of the company

The company is engaged in the business of manufacturing graphite electrodes and specialties, calcined petroleum coke, impervious graphite equipment, glass reinforced plastic pipes, steel and generation of renewable energy. It caters to a wide range of customers, engaged in manufacturing steel, cutting tool industry, chemicals, fertilizers, polymers, drug intermediaries, metal pressing, effluent treatment, irrigation etc.

Products

  • Graphite Electrodes
  • Impervious Graphite Equipment
  • Speciality Products
  • Carbon Products
  • Glass Reinforced Plastic Pipes
  • High Speed & alloy Tool Steel

Awards and recognitions

2015-16

  • Dun & Bradstreet Corporate Award 2015 from ECGC.
  • National Award 2013-14 for star performance from EEPC.
  • Special Export Award for 2012-13 from CAPEXIL.
  • Niryat Shree Award (Non MSME Category) from FIEO.

2016-17

  • Top Export Award for 2014-15 from CAPEXIL.
  • Top Export Award for 2013-14 from CAPEXIL.

2018-19

  • The Company has received Asia’s ‘Best Under a Billion 2018’ award from Forbes Asia.
  • The Company continues to enjoy the status of a Star Trading House.

2019-20

  • Top Export Award for 2015-16 from CAPEXIL.
  • Special Export Award for 2016-17 from CAPEXIL.

2020-21

  • The company acquired certification with the standards ISO:9001 & 14001.

2021-22

  • The company has received Star Performer Award for 2018-19 for export performance from EEPC.

2022-23

  • Special trophy for Excellence in Exports of High Technology Products for 2017-18.
  • Top Exporter-Gold-Large Enterprise for 2018-19.

2024-25

  • 38th & 39th Eastern Regional Award, Special Trophy for excellence in Exports of High-Technology Products, Large Enterprise for 2019-20 & 2020-21.
  • 54th Indian National Award for Star Performers in Product Group 28, Mica and other Mineral Products, Large Enterprise 2021-22.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×