Graphite India Limited (GRAPHITE) AI Stock Analysis

• Market Cap: ₹107.32B
• Dividend Yield: 2%
• Average Volume (3M): 66.25K
• Price to Earnings (P/E): 44.5
• Beta (1Y): 1.41
• Revenue Growth: -7.12%
• EPS Growth: -48.28%
• Country: IN
• Employees: 1,721
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Electrical Equipment & Parts
• EPS (TTM): 2.90
• Shares Outstanding: 195,375,600
• 10 Day Avg. Volume: 126,032
• 30 Day Avg. Volume: 66,255
• PEG Ratio: -0.48
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 3.70
• P/FCF Ratio: 28.50
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹549.00 ▼(-0.05% Downside)

Graphite India Limited's overall stock score reflects a challenging financial performance with inconsistent profitability and cash flow generation. Technical indicators suggest bearish momentum, with the stock trading below key moving averages. The high P/E ratio indicates overvaluation, which, combined with a modest dividend yield, limits the stock's attractiveness. Improvements in financial performance and a reversal in technical trends are necessary for a more favorable outlook.

Positive Factors

Strong Equity Position

A strong equity position indicates financial stability, providing a solid foundation for future growth and resilience against economic downturns.

Prudent Financial Leverage

Low financial leverage reduces risk and enhances the company's ability to invest in growth opportunities without over-relying on debt.

Strategic Partnerships

Strategic partnerships with major steel producers enhance revenue stability and provide a competitive edge in the graphite electrode market.

Negative Factors

Revenue Decline

Declining revenue trends can impact long-term growth prospects and indicate challenges in maintaining market share or pricing power.

Inconsistent Profitability

Inconsistent profitability and negative EBIT margins suggest challenges in cost management and operational efficiency, affecting long-term financial health.

Variable Cash Flow

Variable cash flow generation can hinder the company's ability to fund operations and growth initiatives, impacting financial flexibility and stability.

Graphite India Limited Business Overview & Revenue Model

Company Description

Graphite India Limited (GRAPHITE) is a leading manufacturer of graphite electrodes and other carbon-based products, primarily serving the steel and aluminum industries. Established in 1967, the company operates in the industrial materials sector and is known for its high-quality products that enable electric arc furnaces to produce steel efficiently. GRAPHITE's core offerings include graphite electrodes, which are essential for steel production, as well as other products like carbon products and specialty graphite.

How the Company Makes Money

Graphite India Limited generates revenue primarily through the sale of graphite electrodes, which account for the majority of its earnings. The company has established a strong customer base in the steel manufacturing sector, particularly in India and abroad, where it supplies electrodes used in electric arc furnaces. Additionally, GRAPHITE earns revenue from its production of other carbon and graphite-based products, which are sold to various industries including aluminum and automotive. The company benefits from strategic partnerships with major steel producers and has a solid international presence, which contributes to its revenue diversification. Factors such as global steel demand, raw material prices, and technological advancements in production processes also significantly impact its earnings.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.97B	25.60B	29.50B	31.81B	30.27B	19.58B
Gross Profit	6.95B	13.67B	9.54B	17.81B	18.18B	7.36B
EBITDA	2.35B	2.53B	-1.44B	3.14B	4.77B	-926.00M
Net Income	3.59B	4.62B	8.08B	1.99B	5.05B	-320.80M
Balance Sheet
Total Assets	0.00	72.31B	67.96B	65.11B	62.99B	55.30B
Cash, Cash Equivalents and Short-Term Investments	31.99B	32.02B	26.95B	14.28B	18.20B	21.25B
Total Debt	0.00	1.72B	1.77B	4.32B	4.36B	2.25B
Total Liabilities	-58.67B	13.64B	11.80B	15.46B	13.52B	9.89B
Stockholders Equity	58.67B	58.66B	56.11B	49.64B	49.47B	45.42B
Cash Flow
Free Cash Flow	0.00	3.32B	4.21B	-3.31B	-5.81B	5.07B
Operating Cash Flow	0.00	5.00B	6.80B	-1.61B	-4.89B	5.84B
Investing Cash Flow	0.00	-2.02B	-2.39B	3.29B	2.13B	-5.34B
Financing Cash Flow	0.00	-2.26B	-4.27B	-2.12B	1.05B	-1.99B

Graphite India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 549.30
• 50DMA: Negative
• 100DMA: Negative
• 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 Neutral. The current price of 549.3 is above the 20-day moving average (MA) of 543.76, below the 50-day MA of 562.72, and above the 200-day MA of 524.92, indicating a neutral trend. The MACD of -7.32 indicates Negative momentum. The RSI at 50.24 is Neutral, neither overbought nor oversold. The STOCH value of 54.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GRAPHITE.

Graphite India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RRKABEL	74 Outperform	₹168.27B	41.67	―	0.50%	17.36%	52.81%
VOLTAMP	73 Outperform	₹81.60B	24.83	―	1.24%	15.87%	-4.28%
GENUSPOWER	68 Neutral	₹91.95B	18.36	―	0.82%	129.98%	215.49%
FINCABLES	66 Neutral	₹120.22B	18.10	―	1.02%	7.42%	-4.96%
HEG	62 Neutral	₹102.21B	39.63	―	0.34%	3.93%	41.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GRAPHITE	54 Neutral	₹107.32B	44.53	―	2.00%	-7.12%	-48.28%

Graphite India Limited Corporate Events

Graphite India Limited to Engage with Kotak AMC on Q2 Earnings

Graphite India Limited has announced that its senior management will be meeting virtually with representatives of Kotak AMC on November 26, 2025, to discuss the company’s Q2 2025-26 earnings. This meeting reflects the company’s ongoing efforts to engage with investors and stakeholders, providing transparency and insights into its financial performance and strategic direction.

Graphite India Releases Unaudited Financial Results for Q2 2025

Graphite India Limited has published its unaudited financial results for the quarter and half-year ending September 30, 2025, in Business Standard and Aajkal newspapers. This announcement, in compliance with SEBI regulations, provides stakeholders with insights into the company’s financial performance, potentially impacting investor confidence and market positioning.