Graphite India Ltd.
•₹ 710.75-0.88%
2026-08-21
PROS
- Company is almost debt free
- Company has been maintaining a healthy dividend payout of 51.7%
- Company comfortably covers its interest (17.5x coverage)
- Working capital cycle has improved - days down from 560 to 437
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (48.6% of PBT)
- Recent results are weak - TTM profit is down 31.2% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Total debt has risen sharply - up 198.8% year on year
- Valuation is stretched - P/E of 45.5 is well above its own 5-year median (20.7)
- Operating margins have contracted to 10.4% from 18.2%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GRAPHITE | 716.75 | 65.74 | 14003.55 | 0.98 | 171.00 | 28.57 | 842.00 | 26.62 | 4.39 | 17.10 |
| 2. | HEG | 711.85 | 38.28 | 13737.11 | 0.48 | 122.34 | 16.70 | 680.79 | 10.35 | 8.34 | 26.60 |
| 3. | ESABINDIA | 6137.55 | 176.14 | 9447.54 | 1.22 | 56.14 | 37.13 | 421.12 | 19.63 | 69.97 | 18.80 |
| 4. | ADOR | 1684.70 | 25.82 | 2931.85 | 1.37 | 27.60 | 798.73 | 309.46 | 22.88 | 22.31 | 11.54 |
| 5. | DIFFNKG | 401.95 | 27.48 | 1504.35 | 0.37 | 16.68 | 35.97 | 110.11 | 36.49 | 16.27 | 16.90 |
| 6. | DENORA | 839.05 | 0.00 | 445.42 | 0.48 | 6.39 | 96.62 | 35.27 | -15.96 | 2.42 | 16.14 |
| 7. | PANCARBON | 434.95 | 0.00 | 208.78 | 2.76 | 42.57 | 575.93 | 111.01 | 599.06 | 16.80 | 23.34 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 720 | 786 | 682 | 706 | 672 | 586 | 517 | 645 | 643 | 710 | 643 | 816 | 765 | |
| 806 | 801 | 658 | 713 | 597 | 497 | 500 | 595 | 589 | 657 | 568 | 916 | 674 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 72 | 87 | 59 | 73 | 190 | 166 | 15 | 54 | 146 | 91 | 107 | 35 | 107 |
| Interest | 4 | 4 | 2 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 17 | 3 |
| Depreciation | 16 | 17 | 19 | 18 | 18 | 20 | 21 | 22 | 21 | 22 | 22 | 21 | 21 |
| -34 | 1,005 | 62 | 46 | 246 | 232 | 10 | 81 | 178 | 121 | 131 | -87 | 198 | |
| Tax % | 20.59% | 18.91% | 19.35% | 26.09% | 16.67% | 21.55% | 70.00% | 23.46% | 18.54% | 23.97% | 23.66% | 16.09% | 20.71% |
| Net Profit | -27 | 815 | 50 | 34 | 205 | 182 | 3 | 62 | 145 | 92 | 100 | -73 | 157 |
| -1 | 42 | 3 | 2 | 10 | 9 | 0 | 3 | 7 | 5 | 5 | -4 | 1 | |
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 720
- 806
- Operating Profit
- —
- OPM %
- —
- Other Income
- 72
- Interest
- 4
- Depreciation
- 16
- -34
- Tax %
- 20.59%
- Net Profit
- -27
- -1
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 786
- 801
- Operating Profit
- —
- OPM %
- —
- Other Income
- 87
- Interest
- 4
- Depreciation
- 17
- 1,005
- Tax %
- 18.91%
- Net Profit
- 815
- 42
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 682
- 658
- Operating Profit
- —
- OPM %
- —
- Other Income
- 59
- Interest
- 2
- Depreciation
- 19
- 62
- Tax %
- 19.35%
- Net Profit
- 50
- 3
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 706
- 713
- Operating Profit
- —
- OPM %
- —
- Other Income
- 73
- Interest
- 2
- Depreciation
- 18
- 46
- Tax %
- 26.09%
- Net Profit
- 34
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 672
- 597
- Operating Profit
- —
- OPM %
- —
- Other Income
- 190
- Interest
- 1
- Depreciation
- 18
- 246
- Tax %
- 16.67%
- Net Profit
- 205
- 10
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 586
- 497
- Operating Profit
- —
- OPM %
- —
- Other Income
- 166
- Interest
- 3
- Depreciation
- 20
- 232
- Tax %
- 21.55%
- Net Profit
- 182
- 9
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 517
- 500
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 1
- Depreciation
- 21
- 10
- Tax %
- 70.00%
- Net Profit
- 3
- 0
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 645
- 595
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 1
- Depreciation
- 22
- 81
- Tax %
- 23.46%
- Net Profit
- 62
- 3
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 643
- 589
- Operating Profit
- —
- OPM %
- —
- Other Income
- 146
- Interest
- 1
- Depreciation
- 21
- 178
- Tax %
- 18.54%
- Net Profit
- 145
- 7
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 710
- 657
- Operating Profit
- —
- OPM %
- —
- Other Income
- 91
- Interest
- 1
- Depreciation
- 22
- 121
- Tax %
- 23.97%
- Net Profit
- 92
- 5
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 643
- 568
- Operating Profit
- —
- OPM %
- —
- Other Income
- 107
- Interest
- 2
- Depreciation
- 22
- 131
- Tax %
- 23.66%
- Net Profit
- 100
- 5
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 816
- 916
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 17
- Depreciation
- 21
- -87
- Tax %
- 16.09%
- Net Profit
- -73
- -4
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 765
- 674
- Operating Profit
- —
- OPM %
- —
- Other Income
- 107
- Interest
- 3
- Depreciation
- 21
- 198
- Tax %
- 20.71%
- Net Profit
- 157
- 1
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,306 | 2,958 | 6,737 | 2,875 | 1,839 | 2,799 | 2,913 | 2,894 | 2,420 | 2,812 | 2,934 | |
| 1,230 | 1,606 | 2,531 | 2,970 | 1,823 | 2,276 | 2,516 | 2,977 | 2,195 | 2,518 | 2,815 | |
| Operating Profit | 159 | 1,441 | 4,402 | 63 | 322 | 803 | 531 | 208 | 656 | 461 | — |
| OPM % | 12 | 49 | 65 | 2 | 18 | 29 | 18 | 7 | 27 | 16 | — |
| Other Income | 84 | 89 | 196 | 157 | 306 | 279 | 133 | 291 | 430 | 167 | 340 |
| Interest | 6 | 6 | 11 | 17 | 6 | 4 | 9 | 12 | 6 | 21 | 23 |
| Depreciation | 42 | 46 | 56 | 44 | 45 | 46 | 46 | 70 | 81 | 86 | 86 |
| 111 | 1,389 | 4,281 | 1 | 271 | 753 | 476 | 1,079 | 569 | 344 | 363 | |
| Tax % | -1 | 34 | 34 | -2,447 | 27 | 24 | 26 | 19 | 20 | 23 | 24 |
| Net Profit | 112 | 914 | 2,806 | 31 | 199 | 574 | 350 | 872 | 452 | 265 | 276 |
| EPS | 6 | 47 | 144 | 2 | 10 | 29 | 18 | 45 | 23 | 14 | — |
| Dividend Payout % | 35 | 36 | 38 | 125 | 49 | 34 | 47 | 25 | 48 | 52 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 47 | 144 | 2 | 10 | 29 | 18 | 45 | 23 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 47 | 144 | 2 | 10 | 29 | 18 | 45 | 23 | 14 | — |
Mar 2017
- 1,306
- 1,230
- Operating Profit
- 159
- OPM %
- 12
- Other Income
- 84
- Interest
- 6
- Depreciation
- 42
- 111
- Tax %
- -1
- Net Profit
- 112
- EPS
- 6
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 2,958
- 1,606
- Operating Profit
- 1,441
- OPM %
- 49
- Other Income
- 89
- Interest
- 6
- Depreciation
- 46
- 1,389
- Tax %
- 34
- Net Profit
- 914
- EPS
- 47
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
Mar 2019
- 6,737
- 2,531
- Operating Profit
- 4,402
- OPM %
- 65
- Other Income
- 196
- Interest
- 11
- Depreciation
- 56
- 4,281
- Tax %
- 34
- Net Profit
- 2,806
- EPS
- 144
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 144
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 144
Mar 2020
- 2,875
- 2,970
- Operating Profit
- 63
- OPM %
- 2
- Other Income
- 157
- Interest
- 17
- Depreciation
- 44
- 1
- Tax %
- -2,447
- Net Profit
- 31
- EPS
- 2
- Dividend Payout %
- 125
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 1,839
- 1,823
- Operating Profit
- 322
- OPM %
- 18
- Other Income
- 306
- Interest
- 6
- Depreciation
- 45
- 271
- Tax %
- 27
- Net Profit
- 199
- EPS
- 10
- Dividend Payout %
- 49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 2,799
- 2,276
- Operating Profit
- 803
- OPM %
- 29
- Other Income
- 279
- Interest
- 4
- Depreciation
- 46
- 753
- Tax %
- 24
- Net Profit
- 574
- EPS
- 29
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
Mar 2023
- 2,913
- 2,516
- Operating Profit
- 531
- OPM %
- 18
- Other Income
- 133
- Interest
- 9
- Depreciation
- 46
- 476
- Tax %
- 26
- Net Profit
- 350
- EPS
- 18
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2024
- 2,894
- 2,977
- Operating Profit
- 208
- OPM %
- 7
- Other Income
- 291
- Interest
- 12
- Depreciation
- 70
- 1,079
- Tax %
- 19
- Net Profit
- 872
- EPS
- 45
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
Mar 2025
- 2,420
- 2,195
- Operating Profit
- 656
- OPM %
- 27
- Other Income
- 430
- Interest
- 6
- Depreciation
- 81
- 569
- Tax %
- 20
- Net Profit
- 452
- EPS
- 23
- Dividend Payout %
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2026
- 2,812
- 2,518
- Operating Profit
- 461
- OPM %
- 16
- Other Income
- 167
- Interest
- 21
- Depreciation
- 86
- 344
- Tax %
- 23
- Net Profit
- 265
- EPS
- 14
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 2,934
- 2,815
- Operating Profit
- —
- OPM %
- —
- Other Income
- 340
- Interest
- 23
- Depreciation
- 86
- 363
- Tax %
- 24
- Net Profit
- 276
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 9%
- 3 Years:
- -1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 10%
- 5 Years:
- 6%
- 3 Years:
- -9%
STOCK PRICE CAGR
- 10 Years:
- 25%
- 5 Years:
- 3%
- 3 Years:
- 17%
- 1 Year:
- 31%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 10%
- 3 Years:
- 10%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| 1,813 | 2,563 | 4,614 | 3,771 | 3,969 | 4,448 | 4,603 | 5,307 | 5,543 | 5,595 | |
| 127 | 155 | 360 | 416 | 223 | 344 | 335 | 96 | 85 | 254 | |
| Trade Payables | 211 | 395 | 573 | 177 | 218 | 418 | 290 | 150 | 257 | 290 |
| 213 | 344 | 357 | 239 | 343 | 3,209 | 3,307 | 3,514 | 3,631 | 3,691 | |
| Total Liabilities | 2,403 | 3,496 | 5,943 | 4,642 | 4,792 | 8,457 | 8,575 | 9,106 | 9,556 | 9,870 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 617 | 643 | 607 | 577 | 568 | 534 | 658 | 822 | 971 | 1,016 | |
| Capital Work in Progress | 32 | 8 | 17 | 35 | 80 | 142 | 126 | 145 | 66 | 62 |
| 664 | 1,241 | 2,566 | 1,999 | 2,514 | 2,315 | 2,168 | 3,455 | 3,869 | 3,960 | |
| 513 | 670 | 1,821 | 1,209 | 823 | 1,471 | 2,190 | 1,221 | 1,088 | 1,093 | |
| 7 | 2 | 4 | 1 | 1 | 1 | 0 | 539 | 454 | 650 | |
| Cash & Bank | 41 | 31 | 30 | 19 | 51 | 104 | 71 | 46 | 171 | 38 |
| 530 | 900 | 898 | 802 | 755 | 3,890 | 3,362 | 2,879 | 2,936 | 3,050 | |
| Total Assets | 2,403 | 3,496 | 5,943 | 4,642 | 4,792 | 8,457 | 8,575 | 9,106 | 9,556 | 9,870 |
| Total Debt | 127 | 155 | 360 | 416 | 223 | 344 | 335 | 96 | 85 | 254 |
| Net Working Capital | 1,168 | 1,816 | 3,550 | 2,673 | 2,433 | 2,961 | 2,987 | 3,570 | 3,715 | 3,368 |
| Contingent Liabilities | 236 | 277 | 347 | 103 | 102 | 309 | 320 | 248 | 105 | 102 |
| Book Value per Share | 94.77 | 133.15 | 238.15 | 195.00 | 205.11 | 229.63 | 237.56 | 273.61 | 285.68 | 288.35 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 127 | 155 | 360 | 416 | 223 | 344 | 335 | 96 | 85 | 254 |
| Net Working Capital | 1,168 | 1,816 | 3,550 | 2,673 | 2,433 | 2,961 | 2,987 | 3,570 | 3,715 | 3,368 |
| Contingent Liabilities | 236 | 277 | 347 | 103 | 102 | 309 | 320 | 248 | 105 | 102 |
| Book Value per Share | 94.77 | 133.15 | 238.15 | 195.00 | 205.11 | 229.63 | 237.56 | 273.61 | 285.68 | 288.35 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 39
- 1,813
- 127
- Trade Payables
- 211
- 213
- Total Liabilities
- 2,403
- 617
- Capital Work in Progress
- 32
- 664
- 513
- 7
- Cash & Bank
- 41
- 530
- Total Assets
- 2,403
- Total Debt
- 127
- Net Working Capital
- 1,168
- Contingent Liabilities
- 236
- Book Value per Share
- 94.77
- Face Value
- 2.00
- Total Debt
- 127
- Net Working Capital
- 1,168
- Contingent Liabilities
- 236
- Book Value per Share
- 94.77
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 39
- 2,563
- 155
- Trade Payables
- 395
- 344
- Total Liabilities
- 3,496
- 643
- Capital Work in Progress
- 8
- 1,241
- 670
- 2
- Cash & Bank
- 31
- 900
- Total Assets
- 3,496
- Total Debt
- 155
- Net Working Capital
- 1,816
- Contingent Liabilities
- 277
- Book Value per Share
- 133.15
- Face Value
- 2.00
- Total Debt
- 155
- Net Working Capital
- 1,816
- Contingent Liabilities
- 277
- Book Value per Share
- 133.15
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 39
- 4,614
- 360
- Trade Payables
- 573
- 357
- Total Liabilities
- 5,943
- 607
- Capital Work in Progress
- 17
- 2,566
- 1,821
- 4
- Cash & Bank
- 30
- 898
- Total Assets
- 5,943
- Total Debt
- 360
- Net Working Capital
- 3,550
- Contingent Liabilities
- 347
- Book Value per Share
- 238.15
- Face Value
- 2.00
- Total Debt
- 360
- Net Working Capital
- 3,550
- Contingent Liabilities
- 347
- Book Value per Share
- 238.15
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 39
- 3,771
- 416
- Trade Payables
- 177
- 239
- Total Liabilities
- 4,642
- 577
- Capital Work in Progress
- 35
- 1,999
- 1,209
- 1
- Cash & Bank
- 19
- 802
- Total Assets
- 4,642
- Total Debt
- 416
- Net Working Capital
- 2,673
- Contingent Liabilities
- 103
- Book Value per Share
- 195.00
- Face Value
- 2.00
- Total Debt
- 416
- Net Working Capital
- 2,673
- Contingent Liabilities
- 103
- Book Value per Share
- 195.00
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 39
- 3,969
- 223
- Trade Payables
- 218
- 343
- Total Liabilities
- 4,792
- 568
- Capital Work in Progress
- 80
- 2,514
- 823
- 1
- Cash & Bank
- 51
- 755
- Total Assets
- 4,792
- Total Debt
- 223
- Net Working Capital
- 2,433
- Contingent Liabilities
- 102
- Book Value per Share
- 205.11
- Face Value
- 2.00
- Total Debt
- 223
- Net Working Capital
- 2,433
- Contingent Liabilities
- 102
- Book Value per Share
- 205.11
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 39
- 4,448
- 344
- Trade Payables
- 418
- 3,209
- Total Liabilities
- 8,457
- 534
- Capital Work in Progress
- 142
- 2,315
- 1,471
- 1
- Cash & Bank
- 104
- 3,890
- Total Assets
- 8,457
- Total Debt
- 344
- Net Working Capital
- 2,961
- Contingent Liabilities
- 309
- Book Value per Share
- 229.63
- Face Value
- 2.00
- Total Debt
- 344
- Net Working Capital
- 2,961
- Contingent Liabilities
- 309
- Book Value per Share
- 229.63
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 39
- 4,603
- 335
- Trade Payables
- 290
- 3,307
- Total Liabilities
- 8,575
- 658
- Capital Work in Progress
- 126
- 2,168
- 2,190
- 0
- Cash & Bank
- 71
- 3,362
- Total Assets
- 8,575
- Total Debt
- 335
- Net Working Capital
- 2,987
- Contingent Liabilities
- 320
- Book Value per Share
- 237.56
- Face Value
- 2.00
- Total Debt
- 335
- Net Working Capital
- 2,987
- Contingent Liabilities
- 320
- Book Value per Share
- 237.56
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 39
- 5,307
- 96
- Trade Payables
- 150
- 3,514
- Total Liabilities
- 9,106
- 822
- Capital Work in Progress
- 145
- 3,455
- 1,221
- 539
- Cash & Bank
- 46
- 2,879
- Total Assets
- 9,106
- Total Debt
- 96
- Net Working Capital
- 3,570
- Contingent Liabilities
- 248
- Book Value per Share
- 273.61
- Face Value
- 2.00
- Total Debt
- 96
- Net Working Capital
- 3,570
- Contingent Liabilities
- 248
- Book Value per Share
- 273.61
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 39
- 5,543
- 85
- Trade Payables
- 257
- 3,631
- Total Liabilities
- 9,556
- 971
- Capital Work in Progress
- 66
- 3,869
- 1,088
- 454
- Cash & Bank
- 171
- 2,936
- Total Assets
- 9,556
- Total Debt
- 85
- Net Working Capital
- 3,715
- Contingent Liabilities
- 105
- Book Value per Share
- 285.68
- Face Value
- 2.00
- Total Debt
- 85
- Net Working Capital
- 3,715
- Contingent Liabilities
- 105
- Book Value per Share
- 285.68
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 39
- 5,595
- 254
- Trade Payables
- 290
- 3,691
- Total Liabilities
- 9,870
- 1,016
- Capital Work in Progress
- 62
- 3,960
- 1,093
- 650
- Cash & Bank
- 38
- 3,050
- Total Assets
- 9,870
- Total Debt
- 254
- Net Working Capital
- 3,368
- Contingent Liabilities
- 102
- Book Value per Share
- 288.35
- Face Value
- 2.00
- Total Debt
- 254
- Net Working Capital
- 3,368
- Contingent Liabilities
- 102
- Book Value per Share
- 288.35
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 250 | 704 | 1,770 | 172 | 633 | -193 | -113 | 716 | 543 | 103 | |
| Cash from Investing | -192 | -546 | -1,206 | 646 | -400 | 165 | 300 | -289 | -226 | -136 |
| Cash from Financing | -58 | -142 | -558 | -838 | -199 | 20 | -213 | -418 | -232 | -51 |
| -1 | 15 | 7 | -20 | 35 | -8 | -25 | 10 | 85 | -84 | |
| Free Cash Flow | 166 | 655 | 1,742 | 140 | 564 | -264 | -265 | 470 | 400 | -11 |
| OCF / Net Profit | 2.23 | 0.77 | 0.63 | 5.48 | 3.18 | -0.34 | -0.32 | 0.82 | 1.20 | 0.39 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,267 | 2,837 | 1,918 | 646 | 906 | 331 |
| OCF / Net Profit | 2.23 | 0.77 | 0.63 | 5.48 | 3.18 | -0.34 | -0.32 | 0.82 | 1.20 | 0.39 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,267 | 2,837 | 1,918 | 646 | 906 | 331 |
Mar 2017
- 250
- Cash from Investing
- -192
- Cash from Financing
- -58
- -1
- Free Cash Flow
- 166
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
Mar 2018
- 704
- Cash from Investing
- -546
- Cash from Financing
- -142
- 15
- Free Cash Flow
- 655
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
Mar 2019
- 1,770
- Cash from Investing
- -1,206
- Cash from Financing
- -558
- 7
- Free Cash Flow
- 1,742
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 0
Mar 2020
- 172
- Cash from Investing
- 646
- Cash from Financing
- -838
- -20
- Free Cash Flow
- 140
- OCF / Net Profit
- 5.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.48
- Cumulative 5-Year FCF
- 0
Mar 2021
- 633
- Cash from Investing
- -400
- Cash from Financing
- -199
- 35
- Free Cash Flow
- 564
- OCF / Net Profit
- 3.18
- Cumulative 5-Year FCF
- 3,267
- OCF / Net Profit
- 3.18
- Cumulative 5-Year FCF
- 3,267
Mar 2022
- -193
- Cash from Investing
- 165
- Cash from Financing
- 20
- -8
- Free Cash Flow
- -264
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- 2,837
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- 2,837
Mar 2023
- -113
- Cash from Investing
- 300
- Cash from Financing
- -213
- -25
- Free Cash Flow
- -265
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- 1,918
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- 1,918
Mar 2024
- 716
- Cash from Investing
- -289
- Cash from Financing
- -418
- 10
- Free Cash Flow
- 470
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 646
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 646
Mar 2025
- 543
- Cash from Investing
- -226
- Cash from Financing
- -232
- 85
- Free Cash Flow
- 400
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 906
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 906
Mar 2026
- 103
- Cash from Investing
- -136
- Cash from Financing
- -51
- -84
- Free Cash Flow
- -11
- OCF / Net Profit
- 0.39
- Cumulative 5-Year FCF
- 331
- OCF / Net Profit
- 0.39
- Cumulative 5-Year FCF
- 331
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 5.75 | 46.76 | 143.59 | 1.60 | 10.20 | 29.39 | 17.91 | 44.61 | 23.15 | 13.54 |
| Book Value (₹) | 94.77 | 133.15 | 238.15 | 195.00 | 205.11 | 229.63 | 237.56 | 273.61 | 285.68 | 288.35 |
| Dividend per Share (₹) | 2.00 | 17.00 | 55.00 | 2.00 | 5.00 | 10.00 | 8.50 | 11.00 | 11.00 | 7.00 |
| Cash EPS (₹) | 7.87 | 49.13 | 146.46 | 3.87 | 12.48 | 31.72 | 20.25 | 48.22 | 27.30 | 17.92 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.46% | 48.31% | 65.34% | 2.18% | 17.51% | 28.67% | 18.21% | -2.87% | 9.32% | 10.45% |
| Net Margin % | 8.07% | 30.62% | 41.65% | 1.09% | 10.84% | 20.52% | 12.01% | 30.12% | 18.69% | 9.41% |
| ROE % | 6.25% | 41.03% | 77.34% | 0.74% | 5.10% | 13.52% | 7.67% | 17.46% | 8.28% | 4.72% |
| ROCE % | 6.05% | 58.91% | 110.46% | 0.40% | 6.56% | 16.71% | 9.89% | 20.95% | 10.34% | 6.31% |
| 4.16% | 30.98% | 59.45% | 0.59% | 4.23% | 8.67% | 4.11% | 9.86% | 4.85% | 2.72% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 110 | 71 | 40 | 70 | 76 | 59 | 66 | 67 | 75 | 72 |
| Inventory Days | 150 | 72 | 67 | 192 | 202 | 150 | 229 | 215 | 174 | 142 |
| Payable Days | 105 | 141 | 122 | 65 | 71 | 102 | 106 | 41 | 65 | 75 |
| 155 | 3 | -15 | 198 | 207 | 106 | 190 | 241 | 184 | 139 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.07x | 0.06x | 0.08x | 0.11x | 0.06x | 0.08x | 0.07x | 0.02x | 0.02x | 0.05x |
| Interest Coverage (x) | 18.14x | 225.73x | 394.08x | 1.07x | 46.77x | 212.62x | 54.61x | 90.25x | 97.71x | 17.47x |
| 3.51x | 3.27x | 4.02x | 4.56x | 4.50x | 1.93x | 1.99x | 2.27x | 2.25x | 2.05x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -3.04% | 126.55% | 127.75% | -57.32% | -36.06% | 52.23% | 4.09% | -0.66% | -16.39% | 16.20% |
| Operating Profit Growth % | -18.94% | 803.77% | 205.42% | -98.58% | 414.72% | 149.27% | -33.89% | -60.85% | 215.64% | -29.73% |
| Net Profit Growth % | 7.30% | 713.71% | 207.10% | -98.88% | 536.20% | 188.08% | -39.04% | 149.07% | -48.12% | -41.50% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 149.07% | -48.12% | -41.49% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.53x | 20.66x | 45.53x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.21x | 1.67x | 2.14x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.82% | 2.30% | 1.14% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 57.00x | 14.12x | 26.62x |
Mar 2017
- EPS (₹)
- 5.75
- Book Value (₹)
- 94.77
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 7.87
- Operating Margin %
- 11.46%
- Net Margin %
- 8.07%
- ROE %
- 6.25%
- ROCE %
- 6.05%
- 4.16%
- Debtor Days
- 110
- Inventory Days
- 150
- Payable Days
- 105
- 155
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 18.14x
- 3.51x
- Revenue Growth %
- -3.04%
- Operating Profit Growth %
- -18.94%
- Net Profit Growth %
- 7.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 46.76
- Book Value (₹)
- 133.15
- Dividend per Share (₹)
- 17.00
- Cash EPS (₹)
- 49.13
- Operating Margin %
- 48.31%
- Net Margin %
- 30.62%
- ROE %
- 41.03%
- ROCE %
- 58.91%
- 30.98%
- Debtor Days
- 71
- Inventory Days
- 72
- Payable Days
- 141
- 3
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 225.73x
- 3.27x
- Revenue Growth %
- 126.55%
- Operating Profit Growth %
- 803.77%
- Net Profit Growth %
- 713.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 143.59
- Book Value (₹)
- 238.15
- Dividend per Share (₹)
- 55.00
- Cash EPS (₹)
- 146.46
- Operating Margin %
- 65.34%
- Net Margin %
- 41.65%
- ROE %
- 77.34%
- ROCE %
- 110.46%
- 59.45%
- Debtor Days
- 40
- Inventory Days
- 67
- Payable Days
- 122
- -15
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 394.08x
- 4.02x
- Revenue Growth %
- 127.75%
- Operating Profit Growth %
- 205.42%
- Net Profit Growth %
- 207.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.60
- Book Value (₹)
- 195.00
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 3.87
- Operating Margin %
- 2.18%
- Net Margin %
- 1.09%
- ROE %
- 0.74%
- ROCE %
- 0.40%
- 0.59%
- Debtor Days
- 70
- Inventory Days
- 192
- Payable Days
- 65
- 198
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 1.07x
- 4.56x
- Revenue Growth %
- -57.32%
- Operating Profit Growth %
- -98.58%
- Net Profit Growth %
- -98.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.20
- Book Value (₹)
- 205.11
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 12.48
- Operating Margin %
- 17.51%
- Net Margin %
- 10.84%
- ROE %
- 5.10%
- ROCE %
- 6.56%
- 4.23%
- Debtor Days
- 76
- Inventory Days
- 202
- Payable Days
- 71
- 207
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 46.77x
- 4.50x
- Revenue Growth %
- -36.06%
- Operating Profit Growth %
- 414.72%
- Net Profit Growth %
- 536.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 29.39
- Book Value (₹)
- 229.63
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 31.72
- Operating Margin %
- 28.67%
- Net Margin %
- 20.52%
- ROE %
- 13.52%
- ROCE %
- 16.71%
- 8.67%
- Debtor Days
- 59
- Inventory Days
- 150
- Payable Days
- 102
- 106
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 212.62x
- 1.93x
- Revenue Growth %
- 52.23%
- Operating Profit Growth %
- 149.27%
- Net Profit Growth %
- 188.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 17.91
- Book Value (₹)
- 237.56
- Dividend per Share (₹)
- 8.50
- Cash EPS (₹)
- 20.25
- Operating Margin %
- 18.21%
- Net Margin %
- 12.01%
- ROE %
- 7.67%
- ROCE %
- 9.89%
- 4.11%
- Debtor Days
- 66
- Inventory Days
- 229
- Payable Days
- 106
- 190
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 54.61x
- 1.99x
- Revenue Growth %
- 4.09%
- Operating Profit Growth %
- -33.89%
- Net Profit Growth %
- -39.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 44.61
- Book Value (₹)
- 273.61
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 48.22
- Operating Margin %
- -2.87%
- Net Margin %
- 30.12%
- ROE %
- 17.46%
- ROCE %
- 20.95%
- 9.86%
- Debtor Days
- 67
- Inventory Days
- 215
- Payable Days
- 41
- 241
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 90.25x
- 2.27x
- Revenue Growth %
- -0.66%
- Operating Profit Growth %
- -60.85%
- Net Profit Growth %
- 149.07%
- 149.07%
- P/E (x)
- 13.53x
- P/B (x)
- 2.21x
- Dividend Yield %
- 1.82%
- 57.00x
Mar 2025
- EPS (₹)
- 23.15
- Book Value (₹)
- 285.68
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 27.30
- Operating Margin %
- 9.32%
- Net Margin %
- 18.69%
- ROE %
- 8.28%
- ROCE %
- 10.34%
- 4.85%
- Debtor Days
- 75
- Inventory Days
- 174
- Payable Days
- 65
- 184
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 97.71x
- 2.25x
- Revenue Growth %
- -16.39%
- Operating Profit Growth %
- 215.64%
- Net Profit Growth %
- -48.12%
- -48.12%
- P/E (x)
- 20.66x
- P/B (x)
- 1.67x
- Dividend Yield %
- 2.30%
- 14.12x
Mar 2026
- EPS (₹)
- 13.54
- Book Value (₹)
- 288.35
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 17.92
- Operating Margin %
- 10.45%
- Net Margin %
- 9.41%
- ROE %
- 4.72%
- ROCE %
- 6.31%
- 2.72%
- Debtor Days
- 72
- Inventory Days
- 142
- Payable Days
- 75
- 139
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 17.47x
- 2.05x
- Revenue Growth %
- 16.20%
- Operating Profit Growth %
- -29.73%
- Net Profit Growth %
- -41.50%
- -41.49%
- P/E (x)
- 45.53x
- P/B (x)
- 2.14x
- Dividend Yield %
- 1.14%
- 26.62x
Documents
Announcements
- Updates
2026-08-14 - Graphite India Limited has informed the Exchange regarding 'ESG and Core ESG ratings assigned by CRISIL ESG Ratings & Analytics Limited'.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Graphite India Limited has informed the Exchange about Schedule to participate in the Emkay Confluence 2026 India Full Throttle Ahead.
Annual Reports
Credit Ratings
- Credit Rating
2026-01-30 - Graphite India Limited has informed the Exchange about Credit Rating