- Valuation
- ₹11,100 Cr

About Graphite India Limited
Data last updated:
Graphite India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Emerald Company Private Limited. It operates in the graphite manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 May 1974 and has been in existence for over 52 years.
Graphite India is part of the Nifty 500 and BSE 500 indices. Its director Krishna Kumar Bangur is #368 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L10101WB1974PLC094602. Its GSTIN is 19AAACC0457C1Z4 (West Bengal). The company holds 9 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 509488 and NSE: GRAPHITE.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹39.08 Cr. It is led by directors including Ashutosh Dixit (Whole-Time Director) and Krishna Kumar Bangur.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 31 Chowringhee Road, Kolkata, West Bengal, India – 700016.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,851.72 Cr, a growth of 11.4% compared to the previous year. For the same year it recorded a net profit of ₹182.17 Cr (net margin 6.4%) and EBITDA of ₹190.44 Cr (EBITDA margin 6.7%). The net worth stands at ₹5,859.05 Cr (down 0.1% YoY). Total assets are valued at ₹6,226.27 Cr (up 3% YoY).
The company has about 1,757 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Graphite India Limited. As per MCA filings, the company has open charges of ₹678 Cr and satisfied charges of ₹649.31 Cr on record. Court records list 72 cases involving the company, including 39 filed by the company and 33 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website graphiteindia.com.
Company details
CIN history
Graphite India has one previous CIN (Corporate Identification Number): L10101WB2002PLC094602. The current CIN is L10101WB1974PLC094602, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L10101WB1974PLC094602 | Current |
| L10101WB2002PLC094602 | Previous |
Recognitions & Rankings of Graphite India
- #368 Krishna Kumar Bangur ₹10,100 Cr
Contact details
Graphite India Limited's registered office is in Kolkata, West Bengal. Its website is graphiteindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address31 Chowringhee Road, Kolkata, West Bengal, India – 700016
- IndustryMetals and Minerals, Graphite Manufacturing & Processing
To see the full contact details of Graphite India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Graphite India operates one associated brand: Graphite India Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Carbon and graphite products are manufactured and supplied by GIL. | graphiteindia.com |
Business activity
The main business activities of Graphite India are manufacturing and electricity, gas, steam and air condition supply. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Graphite India Limited, buy the company report.
Financials of Graphite India Limited
FY 2025-26 filings availableGraphite India Limited reported revenue of ₹2,851.72 Cr (up 11.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,852 | 2,560 | 2,950 | 3,181 | 3,027 | 1,958 | 3,094 |
| Revenue growth | +11.4% | -13.2% | -7.3% | +5.1% | +54.6% | -36.7% | - |
| EBITDA | 190 | 253 | (144) | 259 | 458 | (215) | (86.01) |
| EBITDA margin | +6.7% | +9.9% | -4.9% | +8.2% | +15.2% | -11.0% | -2.8% |
| Profit before tax | 244 | 591 | 1,017 | 322 | 693 | 42.81 | 19.19 |
| Net profit | 182 | 457 | 57.33 | 231 | 504 | (30.61) | 44.89 |
| Net profit margin | +6.4% | +17.9% | +1.9% | +7.3% | +16.7% | -1.6% | +1.5% |
| EPS (₹) | 8.97 | 23.65 | 41.36 | 10.20 | 25.82 | (1.64) | 2.30 |
| Balance sheet | |||||||
| Total assets | 6,226 | 6,042 | 5,795 | 5,399 | 5,386 | 4,771 | 4,974 |
| Net worth | 5,859 | 5,866 | 5,611 | 4,964 | 4,947 | 4,542 | 4,554 |
| Total debt | 368 | 173 | 177 | 432 | 436 | 225 | 416 |
| Cash & bank | 46.60 | 182 | 69.56 | 90.76 | 144 | 244 | 456 |
| Net working capital | 902 | 946 | 1,198 | 2,192 | 2,025 | 1,151 | 2,285 |
| Cash flow | |||||||
| Cash from operations | 82.54 | 500 | 680 | (160) | (489) | 584 | 253 |
| Cash from investing | (123) | (202) | (239) | 328 | 222 | (519) | 549 |
| Cash from financing | (46.32) | (226) | (427) | (213) | 105 | (199) | (839) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 842 | 816 | 642 | 729 | 665 | 666 | 523 | 643 |
| Revenue growth (YoY) | +26.6% | +22.5% | +22.8% | +13.4% | -8.7% | - | - | - |
| Other income | 97.00 | 55.00 | 108 | 89.00 | 150 | 57.00 | 19.00 | 168 |
| EBITDA | 144 | (139) | 15.00 | 43.00 | 43.00 | 39.00 | (8.00) | 110 |
| EBITDA margin | +17.1% | -17.0% | +2.3% | +5.9% | +6.5% | +5.9% | -1.5% | +17.1% |
| Depreciation | 23.00 | 23.00 | 24.00 | 24.00 | 24.00 | 25.00 | 23.00 | 22.00 |
| Interest | 4.00 | 18.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 4.00 |
| Profit before tax | 214 | (125) | 97.00 | 105 | 167 | 69.00 | (14.00) | 252 |
| Tax | 43.00 | (20.00) | 30.00 | 29.00 | 34.00 | 20.00 | 7.00 | 58.00 |
| Net profit | 171 | (105) | 67.00 | 76.00 | 133 | 49.00 | (21.00) | 194 |
| EPS (₹) | 8.82 | (5.31) | 3.50 | 3.91 | 6.87 | 2.57 | (1.03) | 10.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,812 | 2,420 | 2,894 | 2,913 | 2,799 | 1,839 | 2,875 |
| Revenue growth | +16.2% | -16.4% | -0.7% | +4.1% | +52.2% | -36.1% | - |
| EBITDA | 283 | 231 | (82.94) | 397 | 523 | 16.02 | (94.36) |
| EBITDA margin | +10.1% | +9.6% | -2.9% | +13.6% | +18.7% | +0.9% | -3.3% |
| Profit before tax | 344 | 569 | 1,079 | 476 | 753 | 271 | 1.23 |
| Net profit | 273 | 451 | 105 | 350 | 574 | 199 | 31.26 |
| Net profit margin | +9.7% | +18.6% | +3.6% | +12.0% | +20.5% | +10.8% | +1.1% |
| EPS (₹) | 13.54 | 23.15 | 44.61 | 17.91 | 29.39 | 10.20 | 1.60 |
| Balance sheet | |||||||
| Total assets | 5,888 | 5,667 | 5,442 | 4,977 | 4,831 | 4,231 | 4,226 |
| Net worth | 5,634 | 5,582 | 5,346 | 4,642 | 4,487 | 4,008 | 3,810 |
| Total debt | 254 | 85.01 | 95.65 | 335 | 344 | 223 | 416 |
| Cash & bank | 38.16 | 171 | 45.59 | 70.97 | 104 | 51.31 | 18.80 |
| Net working capital | 793 | 834 | 1,089 | 2,057 | 1,802 | 980 | 1,677 |
| Cash flow | |||||||
| Cash from operations | 103 | 543 | 716 | (113) | (193) | 633 | 172 |
| Cash from investing | (136) | (226) | (289) | 300 | 165 | (400) | 646 |
| Cash from financing | (51.39) | (232) | (418) | (213) | 19.81 | (199) | (838) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 765 | 816 | 643 | 710 | 643 | 645 | 517 | 586 |
| Revenue growth (YoY) | +19.0% | +26.5% | +24.4% | +21.2% | -4.3% | - | - | - |
| Other income | 107 | 51.00 | 107 | 91.00 | 146 | 54.00 | 15.00 | 166 |
| Total expenses | 650 | 916 | 595 | 657 | 589 | 595 | 500 | 497 |
| EBITDA | 115 | (100) | 48.00 | 53.00 | 54.00 | 50.00 | 17.00 | 89.00 |
| EBITDA margin | +15.0% | -12.3% | +7.5% | +7.5% | +8.4% | +7.8% | +3.3% | +15.2% |
| Depreciation | 21.00 | 21.00 | 22.00 | 22.00 | 21.00 | 22.00 | 21.00 | 20.00 |
| Interest | 3.00 | 17.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 |
| Profit before tax | 198 | (87.00) | 131 | 121 | 178 | 81.00 | 10.00 | 232 |
| Tax | 41.00 | (14.00) | 31.00 | 29.00 | 33.00 | 19.00 | 7.00 | 50.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 842 | 816 | 642 | 729 | 665 | 666 | 523 | 643 |
| Revenue growth (YoY) | +26.6% | +22.5% | +22.8% | +13.4% | -8.7% | - | - | - |
| Other income | 97.00 | 55.00 | 108 | 89.00 | 150 | 57.00 | 19.00 | 168 |
| EBITDA | 144 | (139) | 15.00 | 43.00 | 43.00 | 39.00 | (8.00) | 110 |
| EBITDA margin | +17.1% | -17.0% | +2.3% | +5.9% | +6.5% | +5.9% | -1.5% | +17.1% |
| Depreciation | 23.00 | 23.00 | 24.00 | 24.00 | 24.00 | 25.00 | 23.00 | 22.00 |
| Interest | 4.00 | 18.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 4.00 |
| Profit before tax | 214 | (125) | 97.00 | 105 | 167 | 69.00 | (14.00) | 252 |
| Tax | 43.00 | (20.00) | 30.00 | 29.00 | 34.00 | 20.00 | 7.00 | 58.00 |
| Net profit | 171 | (105) | 67.00 | 76.00 | 133 | 49.00 | (21.00) | 194 |
| EPS (₹) | 8.82 | (5.31) | 3.50 | 3.91 | 6.87 | 2.57 | (1.03) | 10.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,852 | 2,560 | 2,950 | 3,181 | 3,027 | 1,958 | 3,094 |
| Revenue growth | +11.4% | -13.2% | -7.3% | +5.1% | +54.6% | -36.7% | - |
| Other income | 174 | 438 | 1,258 | 133 | 294 | 316 | 174 |
| Total expenses | 2,661 | 2,307 | 3,094 | 2,922 | 2,568 | 2,173 | 3,180 |
| Employee cost | 267 | 293 | 281 | 315 | 310 | 257 | 283 |
| EBITDA | 190 | 253 | (144) | 259 | 458 | (215) | (86.01) |
| EBITDA margin | +6.7% | +9.9% | -4.9% | +8.2% | +15.2% | -11.0% | -2.8% |
| Depreciation | 95.13 | 89.52 | 80.44 | 57.04 | 55.12 | 51.90 | 51.45 |
| Interest | 25.07 | 11.16 | 17.14 | 13.19 | 4.57 | 6.06 | 17.76 |
| Profit before tax | 244 | 591 | 1,017 | 322 | 693 | 42.81 | 19.19 |
| Tax | 73.06 | 133 | 212 | 123 | 188 | 74.89 | (25.77) |
| Net profit | 182 | 457 | 57.33 | 231 | 504 | (30.61) | 44.89 |
| Net profit margin | +6.4% | +17.9% | +1.9% | +7.3% | +16.7% | -1.6% | +1.5% |
| EPS (₹) | 8.97 | 23.65 | 41.36 | 10.20 | 25.82 | (1.64) | 2.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 |
| Reserves & surplus | 5,820 | 5,827 | 5,572 | 4,925 | 4,908 | 4,503 | 4,515 |
| Shareholders' funds (net worth) | 5,859 | 5,866 | 5,611 | 4,964 | 4,947 | 4,542 | 4,554 |
| Minority interest | (2.91) | 1.34 | 4.39 | 1.02 | 0.27 | 0.00 | 0.00 |
| Secured loans | 144 | 10.01 | 5.00 | 48.09 | 83.59 | 40.34 | 124 |
| Unsecured loans | 224 | 163 | 172 | 384 | 352 | 185 | 291 |
| Total debt | 368 | 173 | 177 | 432 | 436 | 225 | 416 |
| Total liabilities | 6,226 | 6,042 | 5,795 | 5,399 | 5,386 | 4,771 | 4,974 |
| Assets | |||||||
| Gross block | 1,868 | 1,705 | 1,477 | 1,242 | 1,057 | 944 | 899 |
| Net block | 1,153 | 1,094 | 948 | 789 | 691 | 640 | 637 |
| Capital work in progress | 61.11 | 65.01 | 145 | 127 | 142 | 79.51 | 34.68 |
| Investments | 4,063 | 4,024 | 3,569 | 2,322 | 2,494 | 2,804 | 2,067 |
| Inventories | 1,188 | 1,186 | 1,354 | 2,328 | 1,713 | 1,016 | 1,566 |
| Sundry debtors | 667 | 468 | 522 | 546 | 540 | 340 | 403 |
| Cash & bank balances | 46.60 | 182 | 69.56 | 90.76 | 144 | 244 | 456 |
| Loans & advances | 167 | 87.33 | 107 | 221 | 420 | 218 | 389 |
| Total current assets | 2,069 | 1,924 | 2,052 | 3,187 | 2,817 | 1,818 | 2,813 |
| Total current liabilities | 1,168 | 977 | 854 | 995 | 792 | 667 | 528 |
| Net working capital | 902 | 946 | 1,198 | 2,192 | 2,025 | 1,151 | 2,285 |
| Total assets | 6,226 | 6,042 | 5,795 | 5,399 | 5,386 | 4,771 | 4,974 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 109 | 36.99 | 23.11 | 68.45 | 230 | 364 | 400 |
| Net cash from operating activities | 82.54 | 500 | 680 | (160) | (489) | 584 | 253 |
| Net cash from investing activities | (123) | (202) | (239) | 328 | 222 | (519) | 549 |
| Net cash from financing activities | (46.32) | (226) | (427) | (213) | 105 | (199) | (839) |
| Net change in cash | (86.42) | 71.71 | 13.88 | (45.34) | (162) | (134) | (36.53) |
| Closing cash | 46.60 | 182 | 69.56 | 90.76 | 144 | 244 | 456 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.4% | -13.2% | -7.3% | +5.1% | +54.6% | -36.7% | - |
| EBITDA growth | -24.9% | +275.9% | -155.6% | -43.5% | +313.1% | -150.2% | - |
| PBT growth | -58.7% | -41.9% | +215.8% | -53.5% | +1517.8% | +123.1% | -99.6% |
| Net income growth | -60.1% | +697.1% | -75.2% | -54.2% | +1747.4% | -168.2% | - |
| Revenue CAGR (3Y) | -3.6% | -5.4% | +14.6% | +0.9% | -27.2% | -15.7% | +28.2% |
| EBITDA CAGR (3Y) | -9.8% | -17.9% | -12.5% | - | -54.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.0% | +17.9% | +27.3% | +6.3% | +16.7% | -1.6% | +1.5% |
| Return on capital employed | +4.4% | +10.2% | +1.4% | +7.2% | +13.7% | +1.0% | +0.7% |
| Return on net worth | +2.9% | +8.0% | +1.0% | +4.7% | +10.6% | -0.7% | +0.9% |
| Debt / equity | 0.05 | 0.03 | 0.06 | 0.09 | 0.07 | 0.07 | 0.08 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 26.30 | 6.81 | -7.63 | 6.53 | 1.13 | -2.27 | -12.92 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.60 | 1.61 | 2.17 | 2.77 | 3.02 | 2.12 | 3.49 |
| Inventory turnover | 2.40 | 2.02 | 1.60 | 1.57 | 2.22 | 1.52 | 1.66 |
| Debtors turnover | 5.02 | 5.17 | 5.53 | 5.86 | 6.88 | 5.28 | 4.91 |
| EPS (₹) | 8.97 | 23.65 | 41.36 | 10.20 | 25.82 | (1.64) | 2.30 |
| Dividend per share (₹) | 7.00 | 11.00 | 11.00 | 8.50 | 10.00 | 5.00 | 2.00 |
| Book value per share (₹) | 299.85 | 300.20 | 287.14 | 254.03 | 253.16 | 232.43 | 233.07 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 765 | 816 | 643 | 710 | 643 | 645 | 517 | 586 |
| Revenue growth (YoY) | +19.0% | +26.5% | +24.4% | +21.2% | -4.3% | - | - | - |
| Other income | 107 | 51.00 | 107 | 91.00 | 146 | 54.00 | 15.00 | 166 |
| Total expenses | 650 | 916 | 595 | 657 | 589 | 595 | 500 | 497 |
| EBITDA | 115 | (100) | 48.00 | 53.00 | 54.00 | 50.00 | 17.00 | 89.00 |
| EBITDA margin | +15.0% | -12.3% | +7.5% | +7.5% | +8.4% | +7.8% | +3.3% | +15.2% |
| Depreciation | 21.00 | 21.00 | 22.00 | 22.00 | 21.00 | 22.00 | 21.00 | 20.00 |
| Interest | 3.00 | 17.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 |
| Profit before tax | 198 | (87.00) | 131 | 121 | 178 | 81.00 | 10.00 | 232 |
| Tax | 41.00 | (14.00) | 31.00 | 29.00 | 33.00 | 19.00 | 7.00 | 50.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,812 | 2,420 | 2,894 | 2,913 | 2,799 | 1,839 | 2,875 |
| Revenue growth | +16.2% | -16.4% | -0.7% | +4.1% | +52.2% | -36.1% | - |
| Other income | 167 | 425 | 1,245 | 133 | 279 | 306 | 157 |
| Total expenses | 2,529 | 2,189 | 2,977 | 2,516 | 2,276 | 1,823 | 2,970 |
| Employee cost | 206 | 236 | 225 | 226 | 223 | 185 | 206 |
| EBITDA | 283 | 231 | (82.94) | 397 | 523 | 16.02 | (94.36) |
| EBITDA margin | +10.1% | +9.6% | -2.9% | +13.6% | +18.7% | +0.9% | -3.3% |
| Depreciation | 85.63 | 81.18 | 70.46 | 45.63 | 45.63 | 44.59 | 44.20 |
| Interest | 20.86 | 5.88 | 12.09 | 8.88 | 3.56 | 5.93 | 17.12 |
| Profit before tax | 344 | 569 | 1,079 | 476 | 753 | 271 | 1.23 |
| Tax | 79.03 | 116 | 207 | 126 | 179 | 72.12 | (30.10) |
| Net profit | 273 | 451 | 105 | 350 | 574 | 199 | 31.26 |
| Net profit margin | +9.7% | +18.6% | +3.6% | +12.0% | +20.5% | +10.8% | +1.1% |
| EPS (₹) | 13.54 | 23.15 | 44.61 | 17.91 | 29.39 | 10.20 | 1.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 | 39.08 |
| Reserves & surplus | 5,595 | 5,543 | 5,307 | 4,603 | 4,448 | 3,969 | 3,771 |
| Shareholders' funds (net worth) | 5,634 | 5,582 | 5,346 | 4,642 | 4,487 | 4,008 | 3,810 |
| Secured loans | 144 | 10.01 | 5.00 | 48.09 | 83.59 | 40.34 | 124 |
| Unsecured loans | 110 | 75.00 | 90.65 | 287 | 260 | 183 | 291 |
| Total debt | 254 | 85.01 | 95.65 | 335 | 344 | 223 | 416 |
| Total liabilities | 5,888 | 5,667 | 5,442 | 4,977 | 4,831 | 4,231 | 4,226 |
| Assets | |||||||
| Gross block | 1,576 | 1,459 | 1,236 | 1,009 | 841 | 833 | 809 |
| Net block | 1,016 | 971 | 822 | 658 | 534 | 568 | 577 |
| Capital work in progress | 62.16 | 65.96 | 145 | 127 | 142 | 79.51 | 34.68 |
| Investments | 3,960 | 3,869 | 3,455 | 2,168 | 2,315 | 2,514 | 1,999 |
| Inventories | 1,093 | 1,088 | 1,221 | 2,190 | 1,471 | 823 | 1,209 |
| Sundry debtors | 650 | 454 | 539 | 523 | 538 | 362 | 402 |
| Cash & bank balances | 38.16 | 171 | 45.59 | 70.97 | 104 | 51.31 | 18.80 |
| Loans & advances | 165 | 77.67 | 104 | 221 | 417 | 216 | 382 |
| Total current assets | 1,947 | 1,791 | 1,910 | 3,005 | 2,529 | 1,452 | 2,013 |
| Total current liabilities | 1,154 | 957 | 821 | 947 | 728 | 472 | 335 |
| Net working capital | 793 | 834 | 1,089 | 2,057 | 1,802 | 980 | 1,677 |
| Total assets | 5,888 | 5,667 | 5,442 | 4,977 | 4,831 | 4,231 | 4,226 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 98.01 | 13.02 | 3.32 | 28.77 | 37.12 | 2.38 | 22.74 |
| Net cash from operating activities | 103 | 543 | 716 | (113) | (193) | 633 | 172 |
| Net cash from investing activities | (136) | (226) | (289) | 300 | 165 | (400) | 646 |
| Net cash from financing activities | (51.39) | (232) | (418) | (213) | 19.81 | (199) | (838) |
| Net change in cash | (84.17) | 84.99 | 9.70 | (25.45) | (8.35) | 34.74 | (20.36) |
| Closing cash | 38.16 | 171 | 45.59 | 70.97 | 104 | 51.31 | 18.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +16.2% | -16.4% | -0.7% | +4.1% | +52.2% | -36.1% | - |
| EBITDA growth | +22.6% | +378.6% | -120.9% | -24.0% | +3166.4% | +117.0% | - |
| PBT growth | -39.6% | -47.3% | +126.7% | -36.8% | +177.5% | - | -100.0% |
| Net income growth | -39.5% | +327.9% | -69.9% | -38.9% | +187.9% | +537.7% | - |
| Revenue CAGR (3Y) | -1.2% | -4.7% | +16.3% | +0.4% | -25.4% | -14.7% | +30.1% |
| EBITDA CAGR (3Y) | -10.7% | -23.9% | - | - | -49.9% | -77.2% | - |
| Profitability & leverage | |||||||
| Net income margin | +9.4% | +18.7% | +30.1% | +12.0% | +20.5% | +10.8% | +1.1% |
| Return on capital employed | +6.3% | +10.3% | +2.7% | +9.9% | +16.7% | +6.6% | +0.4% |
| Return on net worth | +4.7% | +8.3% | +2.1% | +7.7% | +13.5% | +5.1% | +0.7% |
| Debt / equity | 0.03 | 0.02 | 0.04 | 0.07 | 0.07 | 0.08 | 0.09 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 10.56 | 3.92 | -7.88 | 2.52 | 0.75 | -20.76 | -12.36 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.85 | 1.80 | 2.58 | 3.15 | 3.34 | 2.24 | 3.58 |
| Inventory turnover | 2.58 | 2.10 | 1.70 | 1.59 | 2.44 | 1.81 | 1.90 |
| Debtors turnover | 5.09 | 4.87 | 5.45 | 5.49 | 6.23 | 4.81 | 5.20 |
| EPS (₹) | 13.54 | 23.15 | 44.61 | 17.91 | 29.39 | 10.20 | 1.60 |
| Dividend per share (₹) | 7.00 | 11.00 | 11.00 | 8.50 | 10.00 | 5.00 | 2.00 |
| Book value per share (₹) | 288.35 | 285.68 | 273.61 | 237.56 | 229.63 | 205.11 | 195.00 |
To see the full year-wise statements and ratios of Graphite India Limited, buy the company report.
Board of directors of Graphite India Limited
Graphite India has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Kumar Bangur Also directs: GKW Ltd, JK Tyre & Industries Limited, The Marwar Textiles (Agency) Private Limited and 4 more | Director | 04 Jul 1988 | 38 Years 3 Months | Current |
| Aditya Vikram Lodha Also directs: Alfred Herbert (India) Ltd | Director | 29 Dec 1992 | 33 Years 10 Months | Current |
| Ashutosh Dixit Also directs: Godi India Private Limited | Whole-Time Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Sudha Krishnan Also directs: Tata Motors Passenger Vehicles Limited, Vertis Fund Advisors Private Limited, Sbi Funds Management Limited and 1 more | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Rahul Kumar Baldota | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Harsh Pati Singhania Also directs: HMS Ventures LLP, JK Paper Limited, Indraprastha Medical Corporation Limited and 5 more | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Auditor
Graphite India Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2024 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.30%, foreign institutional investors hold 6.00%, domestic institutional investors hold 10.30% and retail and other public shareholders hold 18.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.30% | 65.30% | 65.30% | 65.30% |
| Public | 34.70% | 34.70% | 34.70% | 34.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2003 | 90245975 | Uco Bank | ₹678 Cr | Open | |
| 24 May 2011 | 10286898 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Satisfied | |
| 22 Nov 2010 | 10251642 | Hdfc Bank Limited | ₹92 Cr | Satisfied | |
| 22 Nov 2010 | 10251643 | Hdfc Bank Limited | ₹46 Cr | Satisfied | |
| 19 Dec 2008 | 10142953 | Idbi Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Graphite India Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Graphite India Limited has 72 court cases on record: 39 filed by Graphite India, 33 filed against it. 7 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 21 | 2 |
| District courts | 23 | 9 | 5 |
| Supreme Court | 10 | 3 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1511RB-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of Regular Bail applications, suspension of sentence.)) | Filed by the company against State of Odisha and 1 other | Disposed |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed by the company against The State of Bihar and 4 others | Disposed |
| Supreme Court | Court case (1511CB-Criminal Law : Criminal matters other than covered by the aforesaid categories(Matters filed for cancellation of bail/ challenging grant of regular bail or anticipatory bail)) | Filed by the company against State of Odisha and 1 other | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against K.P.R. Industries India Limited and 7 others | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against SGL Carbon India Private Ltd and 5 others | Disposed |
To see the full case history of Graphite India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Graphite India Limited was last rated by Icra on 04 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Jan 2022 |
To see the full credit ratings and regulatory alerts of Graphite India Limited, buy the company report.
MSME payment delays
Graphite India Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 44 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bearing & Mill Stores | |||
| an individual supplier | |||
| an individual supplier | |||
| Mill Stores Trading Company |
To see the full MSME payment records of Graphite India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Graphite India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Carbon Finance Limited | U51909WB1992PLC055850 |
To see the full group structure of Graphite India Limited, buy the company report.
Employees & EPFO
Graphite India Limited has a workforce of 1,757 employees on its EPFO records as of Apr 08, 2024, across 9 active EPFO establishments.
GST
Graphite India has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACC0457C1Z4 | West Bengal | Active | 01 Jul 2017 |
| 19AAACC0457C2Z3 | West Bengal | Active | 21 Jul 2017 |
| 10AAACC0457C1ZM | Bihar | Active | 01 Jul 2017 |
| 21AAACC0457C1ZJ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Graphite India Limited, buy the company report.
Recent activity
Graphite India Limited has 42 board changes on record since 1988: 26 appointments and 16 cessations. The latest: Gaurav Swarup ceased to be Director on 11 Aug 2025.
97 earlier events are in the company report.
News
Frequently asked questions
Graphite India is an active public limited company based in Kolkata, West Bengal, India. The company works in graphite manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 May 1974 (52+ years old) and is registered under CIN L10101WB1974PLC094602. Listed on BSE: 509488 and NSE: GRAPHITE.
Graphite India reported revenue of ₹2,851.72 Cr for FY 2025-26 (up 11.4% YoY) based on consolidated financials.
Graphite India has 7 current directors:
- Ashutosh Dixit - Whole-Time Director
- Krishna Kumar Bangur - Director
- Aditya Vikram Lodha - Director
- Sudha Krishnan - Director
- Rahul Kumar Baldota - Director
- Harsh Pati Singhania - Director
- Srinivasan Sridhar - Director
The latest financial statements of Graphite India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Graphite India is 19AAACC0457C1Z4, registered in West Bengal. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACC0457C2Z3 (West Bengal), 10AAACC0457C1ZM (Bihar), 21AAACC0457C1ZJ (Odisha).
The CIN (Corporate Identification Number) of Graphite India is L10101WB1974PLC094602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Graphite India is a listed company as per MCA records. Its shares are listed on both BSE (code: 509488) and NSE (symbol: GRAPHITE).
Graphite India has 72 court cases on record: 39 filed by the company and 33 filed against it. 7 are pending. Most are in the high courts.
Graphite India was incorporated on 02 May 1974, making it 52+ years old. It is registered with the Registrar of Companies, Kolkata.
Gaurav Swarup ceased to be Director on 11 Aug 2025. Debanjan Mandal was appointed as Director on 14 May 2025. Sanjeev Marda was appointed as Company Secretary on 01 Jun 2024. Graphite India has 42 board changes on record in total.
Graphite India has 4 MSME Form 1 returns on record between 2019 and 2022, listing 44 overdue payments to 13 micro and small suppliers. The latest return was filed on 20 May 2022.

