# Graphite India share price today (Graphite India Ltd, NSE: GRAPHITE)

> Graphite India share price today: ₹750.30 at the NSE close on 3 November 2026, up 20.4% in a year. Graphite India (NSE: GRAPHITE) is worth ₹14,656 crore, trades at a P/E of 66.9 and has closed between ₹537.50 and ₹830.85 over the past 52 weeks. > Graphite India Ltd's share price has risen faster than its earnings: +20.4% in a year, against −62.1% for earnings per share. GRAPHITE · Electrodes - Welding Equipment · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/graphite-india-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹750.30 (+20.4% in a year)
- P/E: 66.9× (higher than 79% of the last 11 years)
- Revenue (Jun 2026): ₹842 Cr (+26.6% on a year ago)
- Profit (Jun 2026): ₹171 Cr (+28.6% on a year ago)
- Operating margin: 17.0% (+11.0 points on a year ago)
- ROCE: 5%, FY26
- ROIC: 4.6%, against a 12.0% cost of capital: −7.4 points

The main question: the share price moved +20.4% in a year while yearly earnings per share moved −62.1%. The difference came from the market paying a higher multiple. ## What is the Graphite India share price today? Graphite India Ltd's share price was ₹750.30 at the close on 3 November 2026. It has been rising for 72 weeks. That is 8.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹538 and ₹831, and at that close it sat 73% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row. Over the last 11 years the share price moved +1,033% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Graphite India this quarter? Three changes stood out: operating margin up 11 points on a year earlier, revenue up on a year earlier for 4 quarters in a row and highest quarterly revenue in 15 quarters. 1. Operating margin up 11 points on a year earlier 17% in the June 2026 quarter, from 6%. 2. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹842 crore, +26.6% on a year earlier. 3. Highest quarterly revenue in 15 quarters Revenue of ₹842 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Graphite India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Graphite India reported revenue of ₹842 crore, up 26.6% from ₹665 crore a year earlier, and a profit of ₹171 crore, up 28.6% from ₹133 crore. ### Graphite India results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹842 crore | ₹665 crore | +26.6% |
| Profit | ₹171 crore | ₹133 crore | +28.6% |
| Earnings per share | ₹8.80 | ₹6.86 | +28.3% |
| Operating margin | 17.0% | 6.0% | +11.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Graphite India share price history? Graphite India closed at ₹750.30 on 3 November 2026, up 20.4% from ₹623.15 a year earlier (31 October 2025) and up 43.1% over five years. Its highest weekly close since February 2016 was ₹1,106.95 on 10 August 2018. ### Graphite India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹689.05 | +8.9% |
| 1 month ago · 1 Oct 2026 | ₹786.15 | −4.6% |
| 6 months ago · 30 Apr 2026 | ₹707.10 | +6.1% |
| 1 year ago · 31 Oct 2025 | ₹623.15 | +20.4% |
| 3 years ago · 3 Nov 2023 | ₹459.20 | +63.4% |
| 5 years ago · 4 Nov 2021 | ₹524.30 | +43.1% |
| 10 years ago · 4 Nov 2016 | ₹76.10 | +885.9% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹66.25 | +1,032.5% |
| Highest weekly close since February 2016 · 10 Aug 2018 | ₹1,106.95 | −32.2% |
| 52-week high (weekly close) · 18 Sep 2026 | ₹830.85 | −9.7% |
| 52-week low (weekly close) · 5 Dec 2025 | ₹537.50 | +39.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Graphite India? 3 Nov 2026: Graphite India closed at ₹750.30, up 8.9% on the week and down 4.6% on the month. 20 Jul 2026: ex-date for a dividend of ₹7 a share. ### Earlier

- Results for April to June 2026: Revenue up 26.6% and profit up 28.6% on a year earlier. ## What dividend does Graphite India pay? Graphite India paid ₹7 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.93% at the ₹750.30 close on 3 November 2026. The last was a dividend of ₹7 a share, ex-date 20 July 2026. ### Graphite India dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 20 Jul 2026 | ₹7 | Dividend | same day |
| 17 Jul 2025 | ₹11 | Dividend | same day |
| 19 Jul 2024 | ₹11 | Dividend | same day |
| 20 Jul 2023 | ₹8.50 | Dividend | same day |
| 25 Jul 2022 | ₹10 | Dividend | 26 Jul 2022 |
| 9 Aug 2021 | ₹5 | Dividend | 10 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Graphite India Ltd paid out 78% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Graphite India on? Graphite India is on 2 of our India lists: Momentum stocks and Small & mid cap stocks. - [Momentum stocks Market cap cr: 14761.251704897706](https://www.sectoralpha.in/momentum-stocks-india)
- [Small & mid cap stocks Size rank in India: 452](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Graphite India profitable? Graphite India Ltd earned ₹171 Cr of net profit in the Jun 2026 quarter, +28.6% on the same quarter a year earlier. Full-year FY26 profit was ₹171 Cr. Over 10 years profit has grown 7.5% a year on average. That is 20.3% of the quarter's revenue. The same quarter a year earlier earned ₹133 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹171 Cr (−62.7% on the year before). Why profit moved: revenue changed +26.6% on a year earlier and the margin moved +11.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −115.5% and revenue +21.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Graphite India make, and is it growing? Graphite India Ltd reported ₹842 Cr of revenue in the Jun 2026 quarter, +26.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 6.4% a year on average. The last full year, FY26, came in at ₹2,852 Cr. The last four reported quarters add to ₹3,029 Cr. FY26 revenue was ₹2,852 Cr, +11.4% on the year before. Recent pace: the last four quarters grew +21.3% on average, against 6.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +21.3%, against +1.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −41.1%, against −55.8% a year (accelerating). ## How much of every ₹100 of sales does Graphite India keep? Graphite India Ltd's operating margin was 17.0% in the Jun 2026 quarter, 11.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −11.0% and 64.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +10.6 percentage points on the year while gross margin changed +6.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Graphite India's profit turning into cash? Over the last 3 years, 88% of Graphite India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹83.0 Cr of operating cash against ₹171 Cr of profit. After ₹150 Cr of spending on assets, free cash was −₹67.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 88% of profit came in as cash: the cash cycle got 22 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building. ## Where does Graphite India's cash go? Graphite India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 327 days in FY26, up from 305 days in FY21. It spent ₹563 Cr on assets over the last 3 years. Customers take 85 days to pay, and stock sits for 321 days on average. At FY26 sales of ₹2,852 Cr, each day of that cycle ties up about ₹7.8 Cr, so roughly ₹2,555 Cr is tied up in the business at any time. FY26: customers took 85 days to pay and stock sat for 321 days, about 10.6 months of sales sitting as stock, for a full cycle of 327 days, longer than FY21's 305. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 321 days. Customers pay about 85 days after that. Suppliers are paid at 80 days. Together that makes the 327-day cycle. Spending on assets: ₹563 Cr over the last 3 years, against ₹265 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹61.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Graphite India's P/E ratio, and how does it compare with its own history? Graphite India Ltd's P/E is 66.9×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 26.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹10.90. Why the multiple is where it is: over the past year earnings per share moved −62.1% while the price moved +20.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +7.4% a year; about +2.3% a year came from earnings growth and about +5.1 percentage points from the multiple (the market paying more); over 10 years the price moved +25.7% a year; about +10.2% a year came from earnings growth and about +15.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Graphite India business getting better or worse? Graphite India Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −41.1% in the latest quarter, against +643.8% at its best in 12 quarters, with ROCE steady at 5.0%. This is based on 12 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Graphite India earn on its capital? Graphite India Ltd earned a ROCE of 5% in FY26. That is up from a low of 1% in FY20. Its return on capital used (ROIC) is 7.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.0% net margin and 0.38× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.0% net margin × 0.38× asset turnover × 1.29× leverage (assets divided by equity) ≈ 2.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.6% − 12.0% = −7.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Graphite India have too much debt? Graphite India Ltd has total debt of ₹369 Cr against shareholder equity of ₹5,856 Cr as of Jun 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.06 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Graphite India shareholding pattern? Foreign institutions raised their stake in Graphite India Ltd by 3.5 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 8.1% of the company. Domestic institutions moved −0.3 points over the same period, to 9.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +3.5 points over 8 quarters, to 8.1%; Domestic institutions: −0.3 points over 8 quarters, to 9.7%; Promoters: +0.0 points over 8 quarters, to 65.3%. Why the owners changed: foreign institutions drove it (+3.5 points). They raised their stake step by step. ## How far is Graphite India from balance-sheet trouble? For Graphite India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Graphite India rank in its industry? 51.1 out of 100, rank 3 of 3 in Electrodes - Welding Equipment, with 90% of the evidence available. Graphite India Ltd scores 51.1 out of 100 against the 3 companies it is compared with in Electrodes - Welding Equipment, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.1 + 9 + 15 + 11 = 51.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Graphite India compared with? Graphite India ranks 3 of 3 Electrodes - Welding Equipment companies on the 4-Factor Sector Score, with 51.1 out of 100. 1. [HEG Ltd](https://www.sectoralpha.in/stocks/heg-ltd) HEG · Most evidence points up · 70% evidence 66.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 36.1/43.75 · Revenue 20.2% · Profit 82.7% · Operating margin change 5 points · 100% evidence Capital efficiency 11.9/31.25 · ROCE 8.3% · Operating margin 22% · 100% evidence Valuation 18.8/25 · P/E 12.9× · PEG 0.37 · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 36.1 + 11.9 + 18.8 = 66.8 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [GEE Ltd](https://www.sectoralpha.in/stocks/gee-ltd) breaking out · Evidence leans up · 62% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.6/35 · Revenue 18.7% · Profit 100% · Operating margin change 2.1 points · 95% evidence Capital efficiency 8.7/25 · ROCE 11.4% · Operating margin 7.8% · 95% evidence Valuation 10.0/20 · P/E 34.4× · PEG n/a · 0% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 35.3% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 31.6 + 8.7 + 10 + 12.5 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Graphite India Ltd this page GRAPHITE · breaking out · Evidence leans up · 90% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 21.3% · Profit -41.1% · Operating margin change 11 points · 100% evidence Capital efficiency 9.0/25 · ROCE 4.6% · Operating margin 17% · 100% evidence Valuation 15.0/20 · P/E 64.7× · PEG 0.6 · 50% evidence Relative strength 11.0/20 · Lead over its industry -6.1% · Lead over NIFTY 500 13.4% · 1 year 16.5% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.1 + 9 + 15 + 11 = 51.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Electrodes - Welding Equipment](https://www.sectoralpha.in/sectors/electrodes-welding-equipment), all 3 compared on one page. ## Which companies are close to Graphite India in size? Graphite India is the largest of 3 Electrodes - Welding Equipment companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: HEG and GEE. ### Electrodes - Welding Equipment companies close in size

1. Graphite India Ltd ₹14,181 crore
2. [HEG Ltd](https://www.sectoralpha.in/stocks/heg-ltd) ₹4,575 crore
3. [GEE Ltd](https://www.sectoralpha.in/stocks/gee-ltd) ₹618 crore

[All 3 Electrodes - Welding Equipment companies, largest first](https://www.sectoralpha.in/sectors/electrodes-welding-equipment#all-companies)

### Companies close in size in other industries

1. [Aequs Ltd](https://www.sectoralpha.in/stocks/aequs-ltd) ₹14,289 crore · Aerospace & Defence - Equipments
2. [Kansai Nerolac Paints Ltd](https://www.sectoralpha.in/stocks/kansai-nerolac-paints-ltd) ₹14,259 crore · Building Materials - Paints
3. Graphite India Ltd ₹14,181 crore
4. [Chambal Fertilisers & Chemicals Ltd](https://www.sectoralpha.in/stocks/chambal-fertilisers-chemicals-ltd) ₹14,179 crore · Fertilisers
5. [Engineers India Ltd](https://www.sectoralpha.in/stocks/engineers-india-ltd) ₹14,155 crore · Infra - Engineering - General

## What else do people ask about Graphite India? ### What is Graphite India's share price today? Graphite India Ltd's share price is ₹750.30, +20.4% over the past year. The whole company is worth ₹14,656 Cr on the market. In the last 52 weeks it traded between ₹538 to ₹831; today it is 73% of the way up from the low, 8.3% above its 200-day average (as of 3 November 2026). ### What were Graphite India's latest quarterly results? Graphite India Ltd reported revenue of ₹842 Cr and net profit of ₹171 Cr for the Jun 2026 quarter. Revenue rose 26.6% and profit rose 28.6% compared with a year earlier. Earnings per share were ₹8.80. The operating margin was 17.0%, 11.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Graphite India's market cap? Graphite India Ltd's market capitalisation is ₹14,656 Cr at a share price of ₹750.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Graphite India performing? Graphite India Ltd's share price has been rising for 72 weeks. In its latest quarter, revenue rose 26.6% and profit rose 28.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will Graphite India's share price go up? This page does not forecast Graphite India Ltd's share price. What it shows instead: the share price is ₹750.30, and it has been rising for 72 weeks. Its P/E of 66.9× is higher than 79% of its own last 11 years (as of 3 November 2026). ### Who owns Graphite India? Promoters own 65.3% of Graphite India Ltd, foreign institutions 8.1%, domestic institutions 9.7% and the public 16.9% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 3.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Graphite India have too much debt? No, Graphite India Ltd has little debt: its debt is 0.06× its equity, and its operating profit is 8 times its interest bill. FY26 borrowings were ₹368 Cr against equity of ₹5,859 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Graphite India in its business cycle? Graphite India Ltd's FY26 operating margin was 7.0%, against a 13-year range of −11.0% to 64.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 17.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Graphite India story? The main question: the share price moved +20.4% in a year while yearly earnings per share moved −62.1%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Graphite India a stock worth studying right now? What the numbers show: Graphite India Ltd's share price has risen faster than its earnings: +20.4% in a year, against −62.1% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

This is research, not advice. We’re not SEBI-registered.