Graphite India Limited
Graphite India Limited operates in Electrodes & Refractories, part of the Capital Goods sector. It booked ₹826 cr of revenue in its latest quarter (Q2 FY27) and kept 11.6% of sales as profit. It is the largest of 8 Electrodes & Refractories companies we track, by market value.
| Segment | FY20 | FY21 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Graphite and Carbon | 2,995 | 1,813 | 2,945 | 2,726 | 2,248 | 2,594 | 97% → 91% |
| Steel | — | — | — | — | 227 | 257 | 9% |
| Others | 99 | 145 | 263 | 227 | 88 | 4 | 3% → 0% |
| Total | 3,094 | 1,958 | 3,208 | 2,953 | 2,563 | 2,855 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is engaged in the business of manufacturing Graphite electrodes, graphite equipment, steel, GRP pipes and tanks and generation of hydel power.”
Healthier than 52% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 48
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in GRAPHITE?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹826 cr |
| Other Income | ₹106 cr |
| Total Income | ₹932 cr |
| Cost of Materials | ₹417 cr |
| Purchases of Stock-in-Trade | ₹2 cr |
| Inventory Change (±) | ₹-32 cr |
| Employee Benefit Expense | ₹71 cr |
| Finance Costs | ₹4 cr |
| Depreciation & Amortisation | ₹24 cr |
| Other Expenses | ₹285 cr |
| Total Expenses | ₹771 cr |
| Exceptional Items | ₹-22 cr |
| Profit before Tax | ₹139 cr |
| Tax Expense | ₹45 cr |
| Net Profit | ₹94 cr |
| Net margin on total income | 10.1% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 816 cr | 842 cr | 826 cr |
| Total income | 855 cr | 939 cr | 932 cr |
| Expenses | 996 cr | 725 cr | 771 cr |
| Profit before tax | -125 cr | 214 cr | 139 cr |
| Tax | -20 cr | 43 cr | 45 cr |
| Net profit (owners' share) | -104 cr | 172 cr | 96 cr |
| Net margin (owners' share, on revenue) | -12.7% | 20.4% | 11.6% |
| EPS (₹) | -5.31 | 8.82 | 4.89 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Graphite India Limitedthis company | ₹750 | ₹14,631 cr | 38.4 | 6.4% | 11.6% | — |
| Raghav Productivity Enhancers Limited | ₹1,737 | ₹7,978 cr | 92.2 | 30.7% | 23.3% | — |
| Vesuvius India Limited | ₹367 | ₹7,451 cr | 32.5 | 13.1% | 10.1% | — |
| RHI MAGNESITA INDIA LIMITED | ₹356 | ₹7,344 cr | 28.4 | 7.3% | 6.4% | — |
| HEG Advanced Materials Limited | ₹241 | ₹4,645 cr | 9.5 | 10.3% | 18.0% | — |
| IFGL Refractories Limited | ₹166 | ₹1,197 cr | 17.5 | 5.8% | 3.3% | — |
| ORIENT CERATECH LIMITED | ₹39 | ₹466 cr | 11.1 | 11.3% | 8.5% | — |
| De Nora India Limited | ₹705 | ₹374 cr | — | -7.9% | -12.2% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹7 / share | 20 Jul 2026 |
| Dividend | ₹11 / share | 17 Jul 2025 |
| Dividend | ₹11 / share | 19 Jul 2024 |
| Dividend | ₹8.5 / share | 20 Jul 2023 |
| Dividend | ₹10 / share | 25 Jul 2022 |
| Dividend | ₹5 / share | 9 Aug 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 28 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.