Graphite India Limited (GRAPHITE) AI Stock Analysis

• Market Cap: ₹108.13B
• Dividend Yield: 1.99%
• Average Volume (3M): 28.48K
• Price to Earnings (P/E): 31.0
• Beta (1Y): 1.50
• Revenue Growth: -14.81%
• EPS Growth: -66.60%
• Country: IN
• Employees: 1,721
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Electrical Equipment & Parts
• EPS (TTM): 2.50
• Shares Outstanding: 195,375,600
• 10 Day Avg. Volume: 55,452
• 30 Day Avg. Volume: 28,477
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹602.00
• Price Target Upside: 8.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 60 Neutral
• Price Target: ₹564.00 ▲(1.91% Upside)

Graphite India Limited's overall stock score is primarily influenced by its mixed financial performance, with strengths in equity stability but challenges in revenue and profit consistency. Technical analysis indicates a neutral trend with bearish momentum, while valuation metrics suggest moderate attractiveness. The absence of earnings call and corporate events data limits further insights.

Graphite India Limited Business Overview & Revenue Model

Company Description

Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. The company operates in two segments, Graphite and Carbon, and Others. It offers a range of graphite electrodes with various diameter and power for AC and DC furnaces. The company also provides extruded graphite in the form of rods and blocks, mini rods, graphite tubes, heat exchanger tubes, molded mold and isostatically moulded graphite, machined components of carbon and graphite, carbon graphite/bricks, and carbon composites/brake discs. In addition, it offers calcined petroleum coke, carbon electrode paste, graphite granules and fines, and carbonaceous materials to aluminum, steel, ferro alloy, and foundry castings industries; and impervious graphite heat exchangers, which are used as condensers, coolers, heaters, re-boilers, evaporators, interchangers, and graphite columns for distillation, absorption and scrubbing, ejector systems, and centrifugal pumps. Further, the company provides HCl synthesis and dry HCl gas generation units, and H2SO4/HCl concentration and acid dilution cooling units; bursting discs, thermos-wells, pipes, and pipe fittings; glass fiber reinforced plastic pipes, joints, and fittings; and high speed, alloy tool, and powder metallurgy steels for cutting tools. Additionally, it generates and sells electricity through a hydel power plant. The company was founded in 1962 and is headquartered in Kolkata, India. Graphite India Limited is a subsidiary of Emerald Company Private Limited.

How the Company Makes Money

Graphite India Limited generates revenue primarily through the manufacture and sale of graphite electrodes. These electrodes are crucial components in the electric arc furnace process, which is widely used in the steelmaking industry. The company leverages its production capabilities and technological expertise to supply these products to steel manufacturers both in India and globally. In addition to direct sales, Graphite India benefits from strategic partnerships with key players in the steel industry, enabling it to secure long-term contracts and stable revenue streams. Other contributing factors to its earnings include economies of scale achieved through large-scale production and the company's established reputation for quality and reliability in the graphite electrode market.

Graphite India Limited Financial Statement Overview

Summary

Graphite India Limited exhibits a mixed financial performance with strengths in equity stability and leverage management. However, revenue and profit inconsistencies present challenges. The company's ability to generate and sustain cash flow is varied, impacting overall financial health. Improved profitability and consistent cash flow generation are crucial for enhancing financial standing.

Income Statement

Graphite India Limited shows fluctuating revenue trends with a decline in revenue from 2023 to 2024. The company has experienced inconsistent profitability, marked by negative EBIT margins in recent years, though improvements are noted in the latest period. Net profit margins have been volatile, reflecting challenges in maintaining consistent profitability.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, pointing to prudent financial leverage. However, fluctuations in earnings have affected the return on equity, which needs improvement for stronger financial performance.

Cash Flow

Operating cash flows display variability, with periods of negative cash flow, though recent improvements are noticeable. Free cash flow trends have been inconsistent, indicating challenges in sustaining cash generation. The operating cash flow to net income ratio highlights the company's ability to convert income into cash, though this has been inconsistent over the years.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	25.60B	25.60B	29.24B	29.63B	31.81B	19.13B
Gross Profit	6.70B	8.60B	437.30M	15.41B	15.35B	5.89B
EBITDA	6.91B	2.54B	11.14B	7.68B	3.92B	1.11B
Net Income	4.62B	4.62B	8.08B	5.05B	1.99B	-320.80M
Balance Sheet
Total Assets	72.31B	72.31B	67.96B	62.99B	65.11B	55.30B
Cash, Cash Equivalents and Short-Term Investments	32.02B	32.02B	26.95B	18.20B	15.13B	21.25B
Total Debt	1.72B	1.72B	1.77B	4.36B	4.26B	2.24B
Total Liabilities	13.64B	13.64B	11.80B	13.52B	15.46B	9.89B
Stockholders Equity	58.66B	58.66B	56.11B	49.47B	49.64B	45.42B
Cash Flow
Free Cash Flow	0.00	3.32B	4.21B	-5.81B	-3.31B	5.07B
Operating Cash Flow	0.00	5.00B	6.80B	-4.89B	-1.61B	5.84B
Investing Cash Flow	0.00	-2.02B	-2.39B	2.13B	3.29B	-5.34B
Financing Cash Flow	0.00	-2.26B	-4.27B	1.05B	-2.12B	-1.99B

Graphite India Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 553.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GRAPHITE, the sentiment is Positive. The current price of 553.45 is above the 20-day moving average (MA) of 541.27, above the 50-day MA of 542.54, and above the 200-day MA of 505.56, indicating a bullish trend. The MACD of 9.40 indicates Negative momentum. The RSI at 54.21 is Neutral, neither overbought nor oversold. The STOCH value of 64.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GRAPHITE.

Graphite India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VOLTAMP	75 Outperform	70.77B	22.17	20.50%	1.43%	12.05%	-3.13%
FINCABLES	67 Neutral	125.36B	20.24	12.75%	0.98%	8.79%	-15.74%
RRKABEL	66 Neutral	137.46B	42.37	14.48%	0.74%	15.63%	16.30%
GENUSPOWER	64 Neutral	93.26B	22.24	16.67%	0.80%	119.77%	228.13%
GRAPHITE	60 Neutral	₹108.13B	31.04	―	1.99%	-14.81%	-66.60%
HEG	60 Neutral	97.76B	51.19	2.58%	0.36%	-3.91%	0.63%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Graphite India Limited Corporate Events

Graphite India Limited Plans Strategic Investment in Maharashtra

Graphite India Limited has signed a Memorandum of Understanding with the Government of Maharashtra to facilitate a proposed investment in a Synthetic Graphite Anode Material project. This strategic move is contingent upon finalizing terms and obtaining necessary corporate and regulatory approvals, potentially enhancing the company’s market position in the graphite industry.

Graphite India Transfers Equity Shares to IEPF Authority

Graphite India Limited has announced the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority, as published in the Financial Express and Aajkal newspapers. This move is in compliance with the Securities and Exchange Board of India’s listing regulations, potentially impacting shareholder dynamics and reinforcing the company’s adherence to regulatory requirements.

Graphite India Limited’s ESG Score Upgraded by Crisil

Graphite India Limited has received an updated Environmental, Social, and Governance (ESG) score of 53 from Crisil ESG Ratings & Analytics Limited, an increase from the previous score of 51. This score, based on publicly available data for the fiscal year 2024-25, was independently prepared without the company’s engagement, reflecting its ongoing commitment to ESG principles and potentially impacting its reputation and stakeholder relations positively.