Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Graphite India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRAPHITE's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GRAPHITE underperformed the Indian Electrical industry which returned -22% over the past year.
Return vs Market: GRAPHITE underperformed the Indian Market which returned -4.9% over the past year.
Price Volatility Vs. Market
How volatile is Graphite India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StIs Graphite India (NSE:GRAPHITE) Weighed On By Its Debt Load?
1 month ago | Simply Wall StGraphite India (NSE:GRAPHITE) Has Gifted Shareholders With A Fantastic 181% Total Return On Their Investment
1 month ago | Simply Wall StHow Much Of Graphite India Limited (NSE:GRAPHITE) Do Institutions Own?
Is Graphite India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GRAPHITE (₹183.1) is trading below our estimate of fair value (₹216.73)
Significantly Below Fair Value: GRAPHITE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GRAPHITE is poor value based on its PE Ratio (79.6x) compared to the Electrical industry average (15.4x).
PE vs Market: GRAPHITE is poor value based on its PE Ratio (79.6x) compared to the Indian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: GRAPHITE is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: GRAPHITE is overvalued based on its PB Ratio (0.8x) compared to the IN Electrical industry average (0.8x).
How is Graphite India forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRAPHITE's forecast earnings growth (80.3% per year) is above the savings rate (7.2%).
Earnings vs Market: GRAPHITE's earnings (80.3% per year) are forecast to grow faster than the Indian market (18.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GRAPHITE's revenue (11.7% per year) is forecast to grow faster than the Indian market (7.3% per year).
High Growth Revenue: GRAPHITE's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GRAPHITE's Return on Equity is forecast to be low in 3 years time (13.3%).
How has Graphite India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRAPHITE has high quality earnings.
Growing Profit Margin: GRAPHITE's current net profit margins (1.5%) are lower than last year (43.2%).
Past Earnings Growth Analysis
Earnings Trend: GRAPHITE's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: GRAPHITE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRAPHITE had negative earnings growth (-98.7%) over the past year, making it difficult to compare to the Electrical industry average (-3.1%).
Return on Equity
High ROE: GRAPHITE's Return on Equity (1%) is considered low.
How is Graphite India's financial position?
Financial Position Analysis
Short Term Liabilities: GRAPHITE's short term assets (₹42.2B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: GRAPHITE's short term assets (₹42.2B) exceed its long term liabilities (₹860.0M).
Debt to Equity History and Analysis
Debt Level: GRAPHITE's debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: GRAPHITE's debt to equity ratio has reduced from 21% to 9.1% over the past 5 years.
Debt Coverage: GRAPHITE's debt is well covered by operating cash flow (60.8%).
Interest Coverage: Insufficient data to determine if GRAPHITE's interest payments on its debt are well covered by EBIT.
What is Graphite India current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GRAPHITE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GRAPHITE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GRAPHITE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRAPHITE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GRAPHITE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GRAPHITE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ashutosh Dixit (50yo)
Mr. Ashutosh Dixit serves as President at Graphite India Ltd since November 13, 2017 and serves as its Additional Whole-Time Director since April 01, 2020. Mr. Dixit is a qualified engineer with his academ ...
|President & Additional Whole-Time Director||0.25yr||₹6.50m||no data|
|Non-Executive Non-Independent Director||27.58yrs||₹1.20m||no data|
|Independent Non-Executive Director||5.92yrs||₹1.80m||no data|
|Independent Non-Executive Director||18.08yrs||₹2.20m||no data|
|Independent Non-Executive Director||18.67yrs||₹2.60m||0.0036% ₹1.3m|
|Non-Executive Chairman||27yrs||₹2.40m||0.98% ₹353.9m|
|Independent Non-Executive Director||27.42yrs||₹1.00m||no data|
|Non-Executive Non-Independent Director||11.08yrs||₹800.00k||0.0024% ₹881.4k|
|Independent Non-Executive Director||4.67yrs||₹800.00k||no data|
Experienced Board: GRAPHITE's board of directors are seasoned and experienced ( 18.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Graphite India Limited's company bio, employee growth, exchange listings and data sources
- Name: Graphite India Limited
- Ticker: GRAPHITE
- Exchange: NSEI
- Founded: 1962
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: ₹36.271b
- Shares outstanding: 195.38m
- Website: https://www.graphiteindia.com
- Graphite India Limited
- 31 Chowringhee Road
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|509488||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 2001|
|GRAPHITE||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 2001|
Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. It operates in two segments, Graphite and Carbon, and Others. The company offers a range of graphite electrodes with various diameter and power for AC and DC furnaces. It also provides extruded graphite in the form of rods and blocks, mini rods, graphite tubes, heat exchanger tubes, molded mold and isostatically moulded graphite, machined components of carbon and graphite, carbon graphite/bricks, and carbon composites/brake discs. In addition, the company offers calcined petroleum coke, carbon electrode paste, graphite granules and fines, and carbonaceous materials to aluminum, steel, ferro alloy, and foundry castings industries; and impervious graphite heat exchangers, which are used as condensers, coolers, heaters, re-boilers, evaporators, interchangers, and graphite columns for distillation, absorption and scrubbing, ejector systems, and centrifugal pumps. Further, the company provides HCl synthesis and dry HCl gas generation units, and H2SO4/HCl concentration and acid dilution cooling units; bursting discs, thermos-wells, pipes, and pipe fittings; glass fiber reinforced plastic pipes, joints, and fittings; and high speed, alloy tool, and powder metallurgy steels for cutting tools. Additionally, it generates and sells electricity to Karnataka power grid under a power purchase agreement through a hydel power plant. The company was founded in 1962 and is based in Kolkata, India. Graphite India Limited is a subsidiary of Emerald Company Private Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 12:53|
|End of Day Share Price||2020/07/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.