A deep dive into Graphite India Ltd. (GRAPHITE) — examining the financials, valuation picture, and who owns the stock.
Graphite India Revenue Trend
Revenue slipped 21.3% to ₹2,560 Cr in FY2025 — a step back from the ₹3,254 Cr Graphite India Ltd. recorded in FY2024.
A 4.1% CAGR over 10 years is underwhelming. In real terms, Graphite India Ltd.'s revenue has barely grown from ₹1,711 Cr to ₹2,560 Cr.
With a top line of ₹2,560 Cr, Graphite India Ltd. operates at a mid-sized scale within the electrodes sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹2,560 Cr | -21.3% |
| FY2024 | ₹3,254 Cr | -1.8% |
| FY2023 | ₹3,314 Cr | +9.5% |
| FY2022 | ₹3,027 Cr | +33.1% |
| FY2021 | ₹2,274 Cr | — |
View Graphite India Ltd.'s full 10-year revenue trend with CAGR analysis →
Graphite India Profitability
Net income for Graphite India Ltd. weakened to ₹462 Cr in FY2025, 42.7% lower than the ₹806 Cr posted in FY2024.
Profitability per rupee of revenue dipped, with net margin at 18.1% against 24.8% in FY2024.
Per-share earnings moved to ₹23.65 in FY2025 from ₹41.41 in FY2024.
Is Graphite India Undervalued
Under the P/E Ratio approach, Graphite India Ltd.'s estimated fair value is ₹480 (34.2% downside).
Graphite India Ltd. shares are currently trading at ₹730.05.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹480 | 34.2% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Graphite India Ltd. with detailed assumptions →
Graphite India Shareholding Pattern
Promoter holding is steady at 65.3% — no buying or selling over the past 4 quarters.
Foreign institutional investors (FIIs) held 6.7% as of March 2026, up from 5.0% a year ago.
Domestic investors held 10.5% of the company as of March 2026, up year-over-year from 10.1%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 65.3% | 6.7% | 10.5% | 17.5% |
| Dec 2025 | 65.3% | 6.4% | 10.0% | 18.2% |
| Sep 2025 | 65.3% | 6.6% | 9.6% | 18.5% |
| Jun 2025 | 65.3% | 5.0% | 10.1% | 19.6% |
Track quarterly shareholding changes for Graphite India Ltd. →
Graphite India Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹72.31B (up 6.4% YoY from ₹67.96B).
Top categories: Cash & ST Investments (43.3%), Inventories (16.4%), Property, Plant & Equipment (15.1%).
Of the ₹72.31B in liabilities and equity, 81.1% is shareholder equity, 2.4% is interest-bearing debt, and 16.5% is operating liabilities. Over the year, debt is down 2.5% and equity is up 4.5%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 31.28B |
| Receivables | 4.68B |
| Inventories | 11.86B |
| Property, Plant & Equipment | 10.89B |
| Investments | 10.04B |
| Intangibles & Goodwill | 691.30M |
| Other Assets | 2.86B |
| Category | Value |
|---|---|
| Equity | 58.67B |
| Short-term Debt | 1.72B |
| Long-term Debt | 1.90M |
| Trade Payables | 3.63B |
| Other Liabilities | 8.28B |
Graphite India at a Glance
Here's the bottom line on Graphite India Ltd. (GRAPHITE) based on the latest available financials.
Revenue of ₹2,560 Cr in FY2025, down 21.3% year-over-year.
Long-term revenue has been compounding at 4.1% annually over 10 years.
The company is profitable, with a net margin of 18.1% and net income of ₹462 Cr.
The P/E Ratio model implies 34.2% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
For the complete 10-year financial history with interactive charts and growth analysis, explore Graphite India Ltd.'s detailed profile on Craytheon.