GRAPHITE

Company overview Graphite India manufactures graphite electrodes, carbon & graphite specialty products, and has business in power generation (hydel captive) etc. Its product-mix: electrodes for EAF steel, graphite rods/blocks, calcined petroleum coke, etc. Market cap ₹10,800 crore (as of Oct 2025) with share-price approx ₹550-560. Financial / operational signals According to Screener, over the past five years the company delivered -3.72% sales growth (i.e., contractive) and ROE around 4.62% for last 3 years. According to Groww data: P/E 30×, P/B 1.85×, ROE 7.88% (as of Oct 2025) Recent price action: 52-week range ₹366 (low) to ₹622 (high) per share. Key business-environmental catalysts The global graphite electrode market is impacted by EAF steel usage, supply disruptions etc. For example, closure of some major graphite electrode plants globally is creating supply tightness (benefit to players like Graphite India). Also, the opening up of opportunities in battery/anode materials: Graphite India has announced a proposed investment in synthetic graphite anode material (SGAM) for lithium-ion batteries (in Nashik, Maharashtra) which could be a future growth lever.