Graphite India Ltd (GRAPHITE)

Graphite India Ltd is the pioneer in the manufacture of Graphite Electrode in India. The Company is engaged in production of Graphite Electrodes Other Miscellaneous Graphite Carbon Products and related Processing. It manufactures Glass Reinforced Plastic GRP Pipes and High Speed Steel and Alloy Steel. Power constitutes one of the major costs of Electrode production. For captive consumption it has an installed capacity of 18 MW of power generation through Hydel route. The Companys manufacturing facilities are located at Nasik in Maharashtra Durgapur in West Bengal Bangalore Mandya and Mysore in Karnataka and Barauni in Jharkhand.Graphite India Ltd operates in three segments namely Graphite and Carbon Power and Others. The Graphite and carbon segment engaged in the production of graphite electrodes anodes and other miscellaneous carbon and graphite products. The Power segment engaged in generation of power. The Other segment comprises of manufacturing of impervious graphite equipment and glassreinforced pipes.Graphite India Ltd formerly known as Carbon Corporation was incorporated on 2nd May 1974. During the year 199394 Graphite Vicard India Ltd was amalgamated with the company with effect from January 1 1994. The name of the company was changed from Carbon Corporation Ltd to Carbon Everflow Ltd.During the year 200001 Graphite India Ltd. was merged with the Company with effect from April 1 2001 and name of the Company changed from Carbon Everflow Ltd to Graphite India Ltd. During the year Carbon Investment Ltd a subsidiary company merged with the company. Also Graphite Holdings Ltd and Graphite Investments Ltd subsidiaries of the Graphite India Ltd were merged with the Carbon Enterprises Ltd.During the year 200304 the company received trial orders in overseas markets for 28 dia Electrodes. In September 2003 they commissioned the 1.5 MW Link Canal Project in Mandya District in Karnataka. Also the name of the subsidiary company was changed from Carbon Enterprises Ltd to Carbon Finance Ltd with effect from December 12 2003.During the year 200405 the company acquired two overseas subsidiaries namely Graphite International BV and Carbon International Holdings NV. These subsidiaries acquired the assets of Conradty group of Companies in liquidation through the step down subsidiaries. The company recommissioned the closed graphite electrode production processes during the year.During the year 200506 the expansion module of 20000 MT of Graphite Electrodes with the stateoftheart technology was fully commissioned and as a result of this the production capacity of Durgapur Plant has risen to 34000 MT from 14000 MT. In Nasik the new module of Graphite Tube Production Line facility and Flexible graphite continuous roll production line were commissioned.During the year 200708 the company entered into a longterm agreement with a power producer in the private sector to obtain power at lower cost as compared to the grid cost. The Company expanded Graphite Electrode manufacturing capacity at Durgapur Plant in West Bengal by 10500 MT at an estimated cost of Rs. 187.50 crore.Graphite Indias capital expenditure amounted to Rs. 33.01 crore for the financial year ended 31 March 2014 as against Rs. 40.95 crore in the previous year.Graphite Indias capital expenditure amounted to Rs. 31.66 crore for the financial year ended 31 March 2015 as against Rs. 33.01 crore in the previous year.Pursuant to the amalgamation of promoter group investment companies with Emerald Company Ltd. ECL also a promoter group company the equity shareholding of ECL in Graphite India exceeded 50 during the year. As such the company became a subsidiary of ECL.During the financial year ended 31 March 2016 Graphite Indias Powmex Steels Division PSD developed special sections of squares and flats in M2 grade for domestic market.

Graphite India Ltd Share Price: ₹325.75 per share as on 29 May, 2023 04:01 PM
Graphite India Ltd Market Capitalisation: ₹6,609.56Cr as of today
Graphite India Ltd Revenue: ₹734Cr as on December 2022 (Q4 22)
Graphite India Ltd Net Profit: ₹53Cr as on December 2022 (Q4 22)
Graphite India Ltd Listing date: 27 Nov, 1995
Graphite India Ltd Chairperson Name: K K Bangur