Graphite India Limited (GRAPHITE) AI Stock Analysis

• Market Cap: ₹104.99B
• Dividend Yield: 2.05%
• Average Volume (3M): 66.32K
• Price to Earnings (P/E): 29.2
• Beta (1Y): 1.47
• Revenue Growth: -14.81%
• EPS Growth: -66.60%
• Country: IN
• Employees: 1,721
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Electrical Equipment & Parts
• EPS (TTM): 2.50
• Shares Outstanding: 195,375,600
• 10 Day Avg. Volume: 78,242
• 30 Day Avg. Volume: 66,320
• 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: ₹595.50
• Price Target Upside: 10.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 57 Neutral
• Price Target: ₹556.00 ▲(3.28% Upside)

Graphite India Limited's overall stock score is primarily influenced by its mixed financial performance, characterized by strong equity stability but inconsistent revenue and profit trends. Technical indicators suggest a bearish short-term outlook, while valuation metrics indicate moderate overvaluation. The absence of recent earnings call insights and corporate events limits additional context.

Graphite India Limited Business Overview & Revenue Model

Company Description

Graphite India Limited (GRAPHITE) is one of the leading manufacturers of graphite electrodes in India. The company operates in the industrial sector, focusing on producing and supplying graphite electrodes, which are primarily used in electric arc furnace (EAF) operations for steel production. With a strong domestic presence and an expanding international footprint, Graphite India serves various industries, providing high-quality products essential for steel manufacturing and other applications.

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.

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 2021	Dec 2020
Income Statement
Total Revenue	25.60B	25.60B	29.24B	31.81B	29.63B	19.13B
Gross Profit	6.70B	8.60B	437.30M	15.35B	15.41B	5.89B
EBITDA	6.91B	2.54B	11.14B	3.92B	7.68B	1.11B
Net Income	4.62B	4.62B	8.08B	1.99B	5.05B	-320.80M
Balance Sheet
Total Assets	72.31B	72.31B	67.96B	65.11B	62.99B	55.30B
Cash, Cash Equivalents and Short-Term Investments	32.02B	32.02B	26.95B	15.13B	18.20B	21.25B
Total Debt	1.72B	1.72B	1.77B	4.26B	4.36B	2.24B
Total Liabilities	13.64B	13.64B	11.80B	15.46B	13.52B	9.89B
Stockholders Equity	58.66B	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: Positive
• Last Price: 538.35
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 538.35 is below the 20-day moving average (MA) of 548.64, below the 50-day MA of 547.27, and above the 200-day MA of 500.28, indicating a neutral trend. The MACD of -5.76 indicates Positive momentum. The RSI at 47.55 is Neutral, neither overbought nor oversold. The STOCH value of 21.91 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	₹80.73B	24.80		1.25%	12.05%	-3.13%
FINCABLES	70 Outperform	₹128.82B	20.80		83.13%	8.79%	-15.75%
HEG	69 Neutral	₹97.88B	49.72		0.36%	-3.91%	0.63%
RRKABEL	66 Neutral	₹136.99B	40.63		0.74%	15.63%	16.30%
GENUSPOWER	65 Neutral	₹111.39B	25.64		0.17%	119.77%	228.09%
GRAPHITE	57 Neutral	₹104.99B	29.25		2.05%	-14.81%	-66.60%
Sector *	56 Neutral	£2.53B	6.27	-0.23%	46.00%	10.12%	5.01%