Graphite India logo

Graphite India share price

NSE: GRAPHITEBSE: 509488Industrial ProductsSmall Cap

Formerly Carbon Everflow
Last close ₹689.05down ₹18.35 (2.59%)BSE ₹689.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹707.40.

52-week range of traded prices to 23 Oct 2026
₹516.20Low, 9 Dec 2025₹874.35High, 9 Sep 2026
Market cap
₹13,462 Cr474th largest listed
P/E
63.2
P/B
2.3
Dividend yield
1.02%
ROE
3.6%
ROCE
−0.1%
Debt to equity
0.06
Volume, NSE
7,15,00742.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+23.8%over a year · Nifty Smallcap 250 −5.0% · Nifty 500 −9.8%

Results20-session average 10,61,554 shares a day, 37.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. The year to Mar 2022 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹842 Crup 3.19%
Net profit
₹171 CrQuarter to Mar 2026: −₹105 Cr
Net margin
20.3%

Revenue by year

Peak revenue ₹7,858 Cr, year to Mar 2019

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 9 years with results on record
₹ croreSep 2024Filed 11 NovDec 2024Filed 12 FebMar 2025Filed 10 JunJun 2025Filed 1 AugSep 2025Filed 25 NovDec 2025Filed 9 FebMar 2026Filed 28 MayJun 2026Filed 4 Aug
Revenue643523666665729642816842
Net profit194−21491337667−105171
Net margin30.2%−4.0%7.4%20.0%10.4%10.4%−12.9%20.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Graphite and Carbon₹2,594 Crup 15.39%90.9%
  • Steel₹257 Crup 13.22%9.0%
  • Others₹4 Crdown 95.45%0.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 85% of 1,829 trading days over the last 10 years.

LowestHighest
Its median26.1Industry median29.2
Price to book

At or below today's level on 83% of 1,948 trading days since Nov 2018.

LowestHighest
Its median1.8Industry median2.0
EV to EBITDA153.1

At or below today's level on 68% of 581 trading days over the last 3 years.

LowestHighest
Its median76.4Industry median16.3
Dividend yield

At or below today's level on 28% of 2,479 trading days over the last 10 years.

LowestHighest
Its median1.73%Industry median0.69%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+30.2%−62.1%+240.2%1.1%
3 years+34.7%−4.2%+38.7%1.8%
5 years+5.9%––2.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters65.34%
  • Foreign institutions8.11%
  • Indian institutions9.67%
  • Governments0.02%
  • Individuals and others16.87%
Holder
Emerald Company Private LimitedPromoter61.33%
G K W LimitedPromoter2.05%
Emerald Matrix Holdings Pte ltdPromoter0.71%
Shree Laxmi Agents Private LimitedPromoter0.45%
Carbo Ceramics LimitedPromoter0.20%
Manjushree BangurPromoter0.13%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

75 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 44 of the 53 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
10
Added
19
Cut
34
Held unchanged
12
Sold out
3
Fund
Tata Mutual Fund logoTata Small Cap FundTata Mutual Fund29,00,0001.68%₹221.8 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund17,05,6890.63%₹130.5 Cr
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund11,20,9440.40%₹85.7 Cr
Kotak Mahindra Mutual Fund logoKotak Manufacture in India FundKotak Mahindra Mutual Fund10,00,0002.44%₹76.5 Cr
Tata Mutual Fund logoTata ELSS - Tax Saver FundTata Mutual Fund10,00,0001.73%₹76.5 Cr
HDFC Mutual Fund logoHDFC Manufacturing fundHDFC Mutual Fund7,80,2220.58%₹59.7 Cr
Tata Mutual Fund logoTata Flexi Cap FundTata Mutual Fund6,90,8941.53%₹52.8 Cr
Tata Mutual Fund logoTata Business Cycle FundTata Mutual Fund5,99,0701.90%₹45.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund5,53,5470.23%₹42.3 Cr
Tata Mutual Fund logoTata Focused FundTata Mutual Fund4,72,9202.23%₹36.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Electrodes & Refractories, 14 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Graphite India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vesuvius India logoVesuvius IndiaVESUVIUS7,98931.24.620.8+8.9%+2.2%15.7%16.4%0.38%
Raghav Productivity Enhancers logoRaghav Productivity EnhancersRPEL7,495106.326.679.7+38.2%+55.0%28.4%30.4%0.06%
Rhi Magnesita India logoRhi Magnesita IndiaRHIM7,254–2.015.5+8.5%−314.4%−9.4%7.2%0.71%
HEG Advanced Materials logoHEG Advanced MaterialsHEGAM6,556–––+19.7%+82.3%––0.61%
Monolithisch India logoMonolithisch IndiaMONOLITH2,558111.119.6–––17.6%–0.00%
IFGL Refractories logoIFGL RefractoriesIFGLEXPOR1,14127.91.09.4+15.4%+40.5%3.6%4.6%1.36%
Foseco Crucible (India) logoFoseco Crucible (India)FOSECOC97341.96.917.0+2.4%−8.6%17.1%31.0%0.72%
Orient Ceratech Ltd-$ logoOrient Ceratech Ltd-$ORIENTCER46417.81.59.9+24.0%+130.8%8.9%9.4%0.90%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹55.00 a share, year to Mar 2019.
Ex-dateTypePer share
20 Jul 2026Final₹7.00
17 Jul 2025Final₹11.00
19 Jul 2024Final₹11.00
20 Jul 2023Final₹8.50
25 Jul 2022Final₹10.00
9 Aug 2021Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Graphite India share price by year

Each calendar year to 2025.Graphite India share price history

YearClose at year endChangeHighest closeLowest close
2025641.70+13.5%641.70374.45
2024565.30+2.7%688.70462.50
2023550.20+47.4%555.50259.70
2022373.35−26.6%579.50351.40
2021508.95+67.9%792.45301.05
2020303.200.0%323.15106.40
2019303.25−59.9%754.65263.35
2018755.35+6.4%1,106.95606.50
2017710.20+871.5%710.2072.95
201673.10−15.0%86.4564.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026711.60714.90677.45689.05688.307,15,00742.1%
22 Oct 2026725.00725.25702.60707.40711.554,74,66736.6%
21 Oct 2026746.20749.60720.10727.35732.346,39,13043.6%
19 Oct 2026776.00776.00740.00745.50753.345,00,79044.0%
16 Oct 2026768.90777.50762.65770.25771.164,39,62543.8%
15 Oct 2026803.00803.45760.10767.20775.6110,55,15946.8%
14 Oct 2026792.05806.45790.00805.45800.075,33,79438.8%
13 Oct 2026808.10808.35776.00797.60785.2610,06,05837.0%
12 Oct 2026809.80812.90800.80807.40807.606,21,21439.0%
9 Oct 2026806.20816.00791.15806.60804.738,96,79336.7%
Prices in ₹ per share as traded, not adjusted.

About Graphite India

Graphite India Limited makes graphite electrodes and other carbon and graphite products. Graphite electrodes are used in electric arc furnace steel mills to conduct current to melt scrap iron and steel. The company sells mainly to bulk industrial customers such as steelmakers, and also supplies process industries including chemicals, fertilisers and polymers. It was incorporated in 1974, and its registered office is in Kolkata.

The business is reported as a graphite and carbon segment, a steel segment and other segments. The graphite and carbon segment covers graphite electrodes, calcined petroleum coke, carbon paste and impervious graphite equipment. This equipment is used in corrosive applications such as chloro-alkali plants. The Powmex Steels Division makes high speed steel and alloy steel at Titilagarh in Odisha. Other segments include a hydel power plant of 18 MW near Mysuru, whose power is sold to third parties.

The company's manufacturing plants include Durgapur in West Bengal and Nashik in Maharashtra. Calcined petroleum coke is made at Barauni in Bihar. A wind power plant at Nandurbar and a solar power plant at Bhoom, both in Maharashtra, are also operated. Its products reach customers in 22 states of India and 27 other countries.

Graphite International B.V., a wholly owned subsidiary in the Netherlands, holds four step-down subsidiaries in Germany and one in the USA, General Graphene Corporation. The group decided in the year to March 2023 to shut down its German graphite electrode production.

The company's non-executive chairman, K K Bangur, is a promoter director. A promoter is the person or group that set up a company or controls it.

Legal name
Graphite India Limited
NSE symbol
GRAPHITE
BSE code
509488
ISIN
INE371A01025
Industry
Industrial Products
Listed
Mar 1977 on BSE, Feb 2003 on NSE
Face value
₹2
Former symbols
CARBEVFLOW
CIN
L10101WB1974PLC094602
Corporate identity number, the registrar of companies' code for it