Graphite India share price & results
- Jun 2026
- Sept 2026
India's largest graphite electrode maker, supplying electric-arc-furnace steel mills worldwide.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 842 | +26.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 17.0 | +11.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 171 | +28.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 3.74 | −4.9 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -5.89 | −19.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 21.31 | +24.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +35.0% 1Y
1Y: ₹556.45 on 24 Oct 2025 → ₹751.45. High ₹851.2 (6 Oct 2026), low ₹526.15 (8 Dec 2025).
- Previous close
- ₹736.05
- Market cap
- ₹14.7k Cr
- 52-week range
- ₹526.15 – ₹851.2
- One year
- +33.58%
- Price to earnings (TTM to Jun 2026)
- 66.96×
- Return on equity (TTM to Jun 2026)
- 3.74%
Overview
- Symbol
- NSE:GRAPHITE
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Graphite India Limited does
Based on the company's own presentations, annual report and earnings calls.
Graphite India manufactures graphite electrodes used as a consumable in electric arc furnace (EAF) steelmaking, with a focus on higher-margin, large-diameter ultra-high-power (UHP) electrodes. It also produces Calcined Petroleum Coke and Carbon/Electrode Paste (used as electrode-manufacturing inputs and in aluminium smelting) through its Barauni backward-integration plant, impervious graphite equipment for the chemical, pharmaceutical and fertilizer industries, and runs a separate Powmex Steels division making high-speed steel and alloy steel. The company also owns captive renewable power assets (hydro, wind, solar) that reduce its manufacturing power costs, and holds equity stakes in graphene-technology and battery-technology ventures as part of its diversification strategy.
Segments
- Graphite and Carbon
- Steel
- Others
- Market position
- Largest graphite electrode producer in India, one of the largest globally by total capacity
- Installed graphite electrode capacity
- 80,000 tonnes per annum
- Electrode manufacturing plants (India)
- 2 (Durgapur, West Bengal and Nashik, Maharashtra)
- Specialty graphite facility
- Nurnberg, Germany
- CPC / Carbon Paste plant
- Barauni, Bihar
- Powmex steel plant location
- Titilagarh, Odisha
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +29% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 643 | 523 | 666 | 665 | 729 | 642 | 816 | 842 |
| Expenses | 533 | 531 | 627 | 622 | 686 | 600 | 955 | 698 |
| Operating profit | 110 | -8 | 39 | 43 | 43 | 42 | -139 | 144 |
| Operating margin | 17.0% | −1.5% | 6.0% | 6.0% | 6.0% | 7.0% | −17.0% | 17.0% |
| Other income | 168 | 19 | 57 | 150 | 89 | 81 | 55 | 97 |
| Interest | 4 | 2 | 2 | 2 | 3 | 2 | 18 | 4 |
| Depreciation | 22 | 23 | 25 | 24 | 24 | 24 | 23 | 23 |
| Profit before tax | 252 | -14 | 69 | 167 | 105 | 97 | -125 | 214 |
| Tax rate | 23.0% | 50.0% | 29.0% | 20.0% | 28.0% | 31.0% | −16.0% | 20.0% |
| Net profit | 194 | -21 | 49 | 133 | 76 | 67 | -105 | 171 |
| EPS (₹ per share) | 9.98 | -1.02 | 2.56 | 6.86 | 3.94 | 3.48 | -5.32 | 8.80 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 3,207 | 2,950 | 2,560 | 2,852 |
| Expenses | 2,943 | 3,094 | 2,306 | 2,863 |
| Operating profit | 264 | -144 | 254 | -11 |
| Other income | 127 | 1,258 | 438 | 375 |
| Interest | 13 | 17 | 11 | 25 |
| Depreciation | 57 | 80 | 90 | 95 |
| Profit before tax | 321 | 1,017 | 591 | 244 |
| Net profit | 198 | 805 | 458 | 171 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 4,908 | 4,925 | 5,572 | 5,827 | 5,845 | 5,820 |
| Borrowings | 436 | 432 | 177 | 173 | 269 | 368 |
| Other liabilities | 915 | 1,112 | 1,002 | 1,188 | 1,326 | 1,350 |
| Total liabilities | 6,297 | 6,508 | 6,790 | 7,227 | 7,479 | 7,577 |
| Fixed assets | 691 | 789 | 948 | 1,094 | 1,085 | 1,153 |
| Capital work in progress | 142 | 127 | 145 | 65 | 99 | 61 |
| Investments | 2,494 | 2,322 | 3,569 | 4,024 | 4,131 | 4,063 |
| Other assets | 2,971 | 3,270 | 2,128 | 2,044 | 2,164 | 2,300 |
| Total assets | 6,297 | 6,508 | 6,790 | 7,227 | 7,479 | 7,577 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 584 | -488 | -160 | 680 | 500 | 83 |
| Cash from investing | -519 | 222 | 328 | -239 | -202 | -123 |
| Cash from financing | -199 | 105 | -213 | -427 | -226 | -46 |
| Net cash flow | -134 | -162 | -45 | 14 | 72 | -86 |
| Free cash flow | 510 | -576 | -328 | 1,396 | 343 | -169 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 63 | 65 | 63 | 65 | 67 | 85 |
| Inventory days | 312 | 541 | 628 | 252 | 376 | 321 |
| Days payable | 71 | 141 | 82 | 30 | 84 | 80 |
| Cash conversion cycle | 305 | 464 | 609 | 287 | 359 | 327 |
| Working capital days | 127 | 175 | 192 | 118 | 84 | 62 |
| Return on capital employed | 1.0% | 14.0% | 7.0% | 1.0% | 10.0% | 5.0% |
| Dividend payout | −305.0% | 39.0% | 83.0% | 27.0% | 47.0% | 78.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Graphite and Carbon contributes 81.5% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Graphite and Carbon 81.5%
₹687.00 crore
- Steel 13.2%
₹111.00 crore
- Others 5.3%
₹45.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Graphite and Carbon | 687.00 | 81.5% |
| Steel | 111.00 | 13.2% |
| Others | 45.00 | 5.3% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹843.00 crore
- Intersegment adjustment
- ₹1.00 crore
- Net segment revenue
- ₹842.00 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Graphite and Carbon | — | 86% | 86% | 90% | 90% | 89% | 91% | 81% | +15.5% |
| Steel | — | — | — | — | 9% | 8% | 9% | 13% | +117.6% |
| Others | — | 14% | 14% | 10% | 1% | 3% | 1% | 5% | +125.0% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 65.34% as of Sept 2026; institutions added 1.50 pts since Jun 2026.
- Promoters 65.34%
- Foreign institutions 8.11%
- Domestic institutions 9.66%
- Government 0.02%
- Public 16.86%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mutual fund newly disclosed 3.06% held
- Mutual fund newly disclosed 1.19% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Graphite India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 61.33% | unchanged | |
| Mutual fund | 3.06% | newly disclosed |
| 2.05% | unchanged | |
| Mutual fund | 1.19% | newly disclosed |
| 0.71% | unchanged | |
| 0.45% | unchanged | |
| 0.20% | unchanged | |
| 0.13% | unchanged | |
| 0.13% | unchanged | |
| 0.10% | unchanged | |
| 0.10% | unchanged | |
| 0.09% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in GRAPHITE
Filings to Sep 2026
2 new, 0 added, 5 trimmed, 2 sold out — net −21.49 L shares (−67.8%).
- Held by funds
- ₹78 Cr
- 7 schemes
- Biggest holder
- HDFC Manufacturing Fund
- ₹60 Cr · 0.6% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Manufacturing Fund HDFC Mutual Fund | ₹60 Cr | new | Sep '26 |
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | ₹8 Cr | −0.03 L | Oct '20 |
| HDFC MNC Fund HDFC Mutual Fund | ₹5 Cr | new | Sep '26 |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | ₹4 Cr | −0.02 L | Oct '22 |
| Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund | ₹1 Cr | −0.06 L | Sep '24 |
| SBI Nifty 500 Index Fund SBI Mutual Fund | ₹0 Cr | −0.00 L | Sep '24 |
| SBI Nifty Small Cap 250 ETF SBI Mutual Fund | ₹0 Cr | −0.00 L | May '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
0 added, 5 trimmed — net −21.49 L shares (−67.8%)
- Funds are sitting on
- +4%
- vs est. average cost
- Held by funds
- ₹78 Cr
- 7 schemes · ≈ 0.52% of the company
- Biggest holder
- HDFC Manufacturing Fund
- ₹60 Cr · 0.6% of that fund
- Longest holder
- Nippon India Nifty Smallcap 250 Index Fund
- 6y · since Oct '20
Shares held by these funds −33%
Oct '23 10.20 L shares Sep '26
Your own record
Start an Inve Case for Graphite India Limited
Free account: one company. Everything above stays public.
Write why you follow Graphite India Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Capital Goods companies
Learn to analyse Graphite India Limited
Guides on how to read this kind of business and the numbers that matter.