Graphite India Limited (GRAPHITE) — Financial Results

· NSE 🔴 High Importance Neutral

Investor Takeaways

  • Revenue declined 19% YoY to ₹523 Cr in Q3FY25 from ₹643 Cr in Q2FY25, with net loss of ₹21 Cr versus profit of ₹194 Cr previously.
  • OPM turned negative at -1.53% in Q3FY25 from 17.11% in Q2FY25, indicating significant margin compression.
  • Record date for dividend payment set for July 20, 2026, following board approval of audited FY26 results.
  • Overall Tone: Cautious based on the numbers only.

    Key Financial Highlights

    MetricValueYoY Change
    Revenue₹523 Cr-19%
    Net Profit₹-21 CrN/A (loss vs profit)
    EBITDAN/AN/A
    EPS₹-1.03N/A
    OPM-1.53%N/A

    What Changed

    The company reported a sharp deterioration in quarterly performance, with revenue declining 19% to ₹523 Cr in Q3FY25 compared to ₹643 Cr in the previous quarter (Q2FY25). This was accompanied by a transition from a net profit of ₹194 Cr to a loss of ₹21 Cr, causing OPM to swing from 17.11% to -1.53%. EPS also fell from ₹10 to ₹-1.03. The annual results for FY26 were approved by the board, with the record date for dividend eligibility set for July 20, 2026. The AGM is scheduled for August 4, 2026 via video conference. Quarterly performance shows volatility, with earlier quarters (Q1FY25 and Q4FY24) also indicating mixed trends, including a prior loss of ₹-21 Cr in Q3FY25 and a small profit of ₹17 Cr in Q4FY24.

    Peer Comparison

    CompanyP/EROEROCEMarket Cap (₹ Cr)
    Graphite India Limited35.31N/AN/A15,130.86
    Bharat Electronics Limited62.03N/AN/A3,09,678.78
    Hindustan Aeronautics Limited33.73N/AN/A2,93,338.09
    Cummins India Limited74.38N/AN/A1,49,466.24

    Graphite India's P/E ratio of 35.31 is lower than Cummins India (74.38) and Bharat Electronics (62.03), but higher than Hindustan Aeronautics (33.73). The company's market capitalization is significantly smaller than its peers, reflecting its niche position in the industrial products sector.

    Risks & Concerns

  • No specific risks identified in this filing.
  • Quarterly volatility in revenue and profitability, including consecutive periods of loss and margin compression, may indicate operational or market-related challenges.
  • Negative EPS and OPM in the latest quarter suggest potential earnings instability.
  • Quarterly Trend

    QuarterRevenue (₹ Cr)Net Profit (₹ Cr)OPM%
    Q3FY25523-21-1.53
    Q2FY2564319417.11
    Q1FY2572823615.52
    Q4FY2472017-1.25

    📄 View Original Announcement (PDF)

    About Graphite India Limited (GRAPHITE)

    Capital Goods · Industrial Products · Listed on NSE

    Market Cap: ₹15,130.86 Cr P/E: 35.3

    View full GRAPHITE stock details →

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    Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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