Live Graphite India Share Price Chart

O 590

H 590

L 590

VOL 1745

Graphite India Performance

Days Range

Low: ₹576.35
High: ₹595.60
Previous Close ₹588.85
Open ₹590.00
Volume 5,65,002
Day’s Range ₹576.35 - ₹595.60
52W Range ₹310.00 - ₹709.40
Market Cap ₹11,491 Cr

Graphite India Fundamentals

ROCE (TTM) 17.86
P/E Ratio (TTM) 14.22
P/B Ratio 2.05
Industry P/E 56.15
Debt to Equity 0.03
ROE 14.4
EPS (TTM) 41.36
Dividend Yield 1.87
Book Value 287.19
Face Value 2

Graphite India Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales747793690720
Expenses856842724752
Profit before tax-379922537
Operating Profit-308021716
Net Profit-308021716
EPS in Rs-1.56-7.80.990.8

About Graphite India

Graphite India Ltd is primarily involved in the business of manufacturing and selling graphite,  carbon, and other products.  Graphite India Limited was incorporated in 1974. It was promoted by H L Financial Consultants & Management Service Pvt.  Ltd. (FICOM) and H L Investments Pvt. Ltd. In 1988, it entered into a technical-cum-financial Collaboration with Graphite India Ltd. In 1994, it launched 550mm dia electrodes and production of 600mm dia was started. 

In 2002, Graphite India Ltd. and Carbon Investment Ltd. were amalgamated. Graphite India Ltd stands dissolved without winding up the business. It commenced its international debut in 750 mm diameter electrodes by receiving trial orders from two overseas customers in 2010. 

In 2010-2011, the company received the Capexil Award for export achievement with respect to Graphite Electrodes & Fines.

Business Segments

  • Graphite and Carbon: Under this segment, it is involved in producing graphite electrodes, other miscellaneous graphite and carbon products and related processing/service charges.
  • Others Segment: It is engaged in the manufacturing/laying of GRP pipes, high-speed steel, alloy steel, and power-generating units exclusively for outside sale.

Subsidiaries

As of March 31, 2023, the company had the following subsidiaries

  • Carbon Finance Limited: This is a wholly-owned Indian subsidiary. The principal business activities of the company revolve around investing in securities.
  • Graphite International B.V. (GIBV): It is a wholly owned subsidiary which manages and finances its subsidiaries and exploits its trademarks and patent

Key Personnel

Krishna Kumar Bangur, Chairman

Krishna Kumar Bangur is the company’s current chairman.  He is also the Chairman of Carbon Finance Ltd. (both are subsidiaries of Emerald Co. Ltd.), Chairman for Bond Co. Ltd., Chairman at H.L. Investment Co. Ltd., Chairman at Shree Laxmi Agents Ltd. and Chairman at Innovative Properties Pvt Ltd. He is also on the executive committee at the Federation of Indian Chambers of Commerce & Industry and the board of 8 other companies. Krishna Kumar Bangur previously occupied the position of President of the All India Organization of Employers, Chairman of the Council of Indian Employers and President of the Indian Chamber of Commerce.

Corporate Actions

The company has no history of bonus issues, stock splits and other corporate actions.

Management Outlook

  • The company is optimistic about numerous growth opportunities for the business. These include rising demand for domestic steel despite the challenging macro environment. This is largely driven by the government’s focused initiatives on infrastructure development.
  • By 2030-2031, per capita steel consumption is expected to increase to 160 kg as per the Government’s National Steel Policy. 
  • The government of India has withdrawn the duty on the import of scrap, which will benefit EAF steel manufacturers.
  • Graphite India believes that countries worldwide are moving towards their carbon neutrality goals, and therefore, corporations are becoming environment-conscious and adopting environment-friendly manufacturing processes. With this backdrop, steel manufacturers are steadily moving towards the EAF process, which is expected to create sustainable demand for graphite electrodes in the medium to long term.
Parent Organisation Bangur K K
Founded 1974
Managing Director K K Bangur
NSE Symbol GRAPHITE

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Graphite India FAQs

What is the Share price of Graphite India (GRAPHITE)?

Graphite India (GRAPHITE) share price as of May 27, 2024, on NSE is Rs 578.45 (NSE) and Rs 577.20 (BSE) on BSE.

Can I buy Graphite India (GRAPHITE) shares?

Yes, You can buy Graphite India (GRAPHITE) shares by opening a Demat account with Angel One.

How do I buy Graphite India (GRAPHITE) from Angel One?

Graphite India (GRAPHITE) share can be brought through the following modes:
  1. Direct investment: You can buy Graphite India (GRAPHITE) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Graphite India (GRAPHITE) shares.

Is Graphite India a Debt free Company?

No, Graphite India is not a debt free company.

What is the main business of Graphite India?

The main business of Graphite India is to manufacture graphite and carbon-based products, such as graphite electrodes, impervious graphite equipment, glass reinforced plastic pipes, high speed and alloy tool steel, and speciality products.

Who are the promoters of Graphite India?

The top promoters of Graphite India are Emerald Company Private Limited, G K W Limited, Emerald Matrix Holdings Pte Ltd, Shree Laxmi Agents Private Limited, Krishna Kumar Bangur, Carbo Ceramics Limited , Manjushree Bangur, Krishna Kumar Bangur (Family Welfare Trust), Aparna Bangur, and Krishna Kumar Bangur Family Welfare Trust (Trustee being Mr Krishna Kumar Bangur).

What are the Subsidiaries that comes under Graphite India?

The main subsidiaries that come under Graphite India are Carbon Finance Limited, India, Graphite COVA GmbH, Germany, Graphite International B.V., The Netherlands, Bavaria Electrodes GmbH, Germany, Bavaria Carbon Holdings GmbH, Germany, Bavaria Carbon Specialities GmbH, Germany, and General Graphene Corporation, USA.