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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Graphite India Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:30 am

Market Cap 11,010 Cr.
Current Price 564
High / Low 709/460
Stock P/E23.8
Book Value 299
Dividend Yield1.95 %
ROCE1.44 %
ROE0.95 %
Face Value 2.00
PEG Ratio0.30

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
HEG Ltd 10,451 Cr. 542 620/31757.4 2300.83 %8.54 %7.14 % 2.00
Graphite India Ltd 11,010 Cr. 564 709/46023.8 2991.95 %1.44 %0.95 % 2.00
DE Nora India Ltd 689 Cr. 1,297 2,025/1,13937.6 2350.15 %22.0 %16.4 % 10.0
Industry Average7,383.33 Cr801.0039.60254.670.98%10.66%8.16%4.67

All Competitor Stocks of

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales485499565610692880844866825701815747793
Expenses565576490476587746758838723629753838823
Operating Profit-80-777513410513486281027262-91-30
OPM %-16%-15%13%22%15%15%10%3%12%10%8%-12%-4%
Other Income5014256787966713166255781,045
Interest2111022243464
Depreciation13121414131414141513151819
Profit before tax-4552116197171184141431498148-37992
Tax %9%56%45%24%25%28%33%44%38%35%40%19%19%
Net Profit-4123641501281329524925329-30802
EPS in Rs-2.101.183.287.686.556.764.861.234.712.711.48-1.5441.15

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,9121,9492,0091,7111,5321,4683,2667,8583,0941,9583,0273,1813,045
Expenses1,5891,6771,7591,5741,3981,4281,8212,8383,1802,1732,5682,8693,117
Operating Profit324272250137135401,4455,020-86-215458312-72
OPM %17%14%12%8%9%3%44%64%-3%-11%15%10%-2%
Other Income41384529498688155174316294801,191
Interest193124169881218651318
Depreciation49625844494652625152555773
Profit before tax297217213107125721,4735,10119436933221,028
Tax %28%38%39%46%34%2%30%33%-134%175%27%38%
Net Profit2121341305883701,0323,39645-32505199818
EPS in Rs10.886.886.652.954.243.6152.82173.802.30-1.6425.8310.2042.01
Dividend Payout %32%51%53%68%47%55%32%32%87%-305%39%83%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-36.79%-2.99%-55.38%43.10%-15.66%1374.29%229.07%-98.67%-171.11%1678.12%-60.59%
Change in YoY Net Profit Growth (%)0.00%33.81%-52.40%98.49%-58.77%1389.95%-1145.22%-327.74%-72.44%1849.24%-1738.72%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:4%
5 Years:-18%
3 Years:15%
TTM:-9%
Compounded Profit Growth
10 Years:-8%
5 Years:-57%
3 Years:54%
TTM:427%
Stock Price CAGR
10 Years:21%
5 Years:13%
3 Years:11%
1 Year:7%
Return on Equity
10 Years:15%
5 Years:3%
3 Years:5%
Last Year:1%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:39 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital39393939393939393939393939
Reserves1,6731,7201,7071,7491,8182,6935,3124,5154,5034,9084,9255,5725,796
Borrowings743463367302259272360416225436432177240
Other Liabilities4975744824174447271,1916087609151,1121,0021,134
Total Liabilities2,9522,7962,5952,5072,5603,7316,9025,5785,5276,2976,5086,7907,209
Fixed Assets7136966405916677026646376406917899481,031
CWIP33106532817358014212714568
Investments2653853694756311,2082,5902,0672,8042,4942,3223,5694,088
Other Assets1,9721,7121,5761,3751,2301,8133,6312,8392,0032,9713,2702,1282,022
Total Assets2,9522,7962,5952,5072,5603,7316,9025,5785,5276,2976,5086,7907,209

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +305801712682607602,323253584-488-160680
Cash from Investing Activity +-48-1134-88-226-552-1,287549-519222328-239
Cash from Financing Activity +15-453-173-192-39-179-676-839-199105-213-427
Net Cash Flow-2141-11-529360-37-134-162-4514

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow324.00-471.00-213.00-230.00-167.00-219.00-271.00-355.00-502.00-440.0022.00-120.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days97869211311092404863656365
Inventory Days605418479423376372531267312541628252
Days Payable90981019713519515933711418230
Cash Conversion Cycle611406470439350269412282305464609287
Working Capital Days28120722624019811898216169227241140
ROCE %10%9%5%6%4%58%119%1%1%14%7%1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters65.34%65.34%65.34%65.34%65.34%65.34%65.34%65.34%65.34%65.34%65.34%65.34%
FIIs11.69%6.33%5.10%5.30%4.61%4.93%4.02%4.05%4.39%4.27%4.56%4.39%
DIIs5.67%7.48%9.09%9.50%8.70%8.42%8.61%8.51%9.48%10.63%12.17%11.39%
Public17.30%20.85%20.47%19.86%21.34%21.30%22.02%22.09%20.79%19.77%17.93%18.88%
No. of Shareholders2,18,4112,46,5772,51,7892,49,3352,55,0902,51,8302,50,6922,45,1942,29,8432,22,0652,10,2312,13,320

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund2,666,1001.31124.4443,3992024-12-18501.29%
DSP Small Cap Fund2,189,1210.86102.14443,3992024-12-18393.71%
Bandhan Sterling Value Fund1,600,1191.1274.66443,3992024-12-18260.88%
Quant Active Fund1,454,4691.1267.87443,3992024-12-18228.03%
Bandhan ELSS Tax Saver Fund1,200,1161.1156443,3992024-12-18170.66%
Tata ELSS Tax Saver Fund1,000,0001.3446.66443,3992024-12-18125.53%
SBI Conservative Hybrid Fund591,1030.3127.87443,3992024-12-1833.31%
SBI Conservative Hybrid Fund - Div (Annual)591,1030.3127.87443,3992024-12-1833.31%
SBI Conservative Hybrid Fund - Div (Monthly)591,1030.3127.87443,3992024-12-1833.31%
SBI Small Cap Fund443,3990.120.69443,3992024-12-180%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)41.3610.1925.82-1.642.30
Diluted EPS (Rs.)41.3610.1925.82-1.642.30
Cash EPS (Rs.)45.3113.1129.461.535.29
Book Value[Excl.RevalReserv]/Share (Rs.)287.37254.09253.18232.43233.07
Book Value[Incl.RevalReserv]/Share (Rs.)287.37254.09253.18232.43233.07
Revenue From Operations / Share (Rs.)150.96162.79154.89100.19158.32
PBDIT / Share (Rs.)8.2022.7839.325.674.88
PBIT / Share (Rs.)4.0919.8636.503.022.25
PBT / Share (Rs.)52.0316.4736.272.711.34
Net Profit / Share (Rs.)41.1910.1926.64-1.132.66
NP After MI And SOA / Share (Rs.)41.3610.2025.82-1.642.30
PBDIT Margin (%)5.4313.9925.385.663.08
PBIT Margin (%)2.7012.2023.563.011.41
PBT Margin (%)34.4610.1123.412.700.84
Net Profit Margin (%)27.286.2517.20-1.121.67
NP After MI And SOA Margin (%)27.396.2616.67-1.631.45
Return on Networth / Equity (%)14.404.0110.19-0.700.98
Return on Capital Employeed (%)1.387.6214.041.270.94
Return On Assets (%)11.893.068.01-0.580.80
Total Debt / Equity (X)0.030.080.080.040.09
Asset Turnover Ratio (%)0.440.470.490.350.49
Current Ratio (X)4.563.223.664.324.48
Quick Ratio (X)3.251.582.253.182.82
Inventory Turnover Ratio (X)0.770.911.110.641.16
Dividend Payout Ratio (NP) (%)20.5598.0019.360.001607.85
Dividend Payout Ratio (CP) (%)18.6976.2017.450.00749.80
Earning Retention Ratio (%)79.452.0080.640.00-1507.85
Cash Earning Retention Ratio (%)81.3123.8082.550.00-649.80
Interest Coverage Ratio (X)9.3533.75168.1418.295.37
Interest Coverage Ratio (Post Tax) (X)-7.7020.11114.92-2.633.92
Enterprise Value (Cr.)11902.855458.3110110.159981.772443.29
EV / Net Operating Revenue (X)4.041.723.345.100.78
EV / EBITDA (X)74.2612.2613.1690.0525.63
MarketCap / Net Operating Revenue (X)4.001.613.255.110.80
Retention Ratios (%)79.441.9980.630.00-1507.85
Price / BV (X)2.101.031.992.200.54
Price / Net Operating Revenue (X)4.001.613.255.110.80
EarningsYield0.060.030.050.000.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 68.92

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 87.78% compared to the current share price 564.00

Intrinsic Value of as of December 21, 2024 is: 123.22

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 78.15% compared to the current share price 564.00

Last 5 Year EPS CAGR: 78.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 19.58%, which is a positive sign.
  2. The company has higher reserves (3,607.00 cr) compared to borrowings (360.92 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (2.31 cr) and profit (162.69 cr) over the years.
  1. The stock has a high average Working Capital Days of 196.75, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 408.67, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 27.28%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 1.38% (Industry Average ROCE: 10.66%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 14.4% (Industry Average ROE: 8.16%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): -7.7
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 3.25
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 23.8 (Industry average Stock P/E: 39.6)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.03
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Graphite India Ltd. is a Public Limited Listed company incorporated on 02/05/1974 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L10101WB1974PLC094602 and registration number is 094602. Currently company belongs to the Industry of Electrodes - Graphite. Company’s Total Operating Revenue is Rs. 2798.93 Cr. and Equity Capital is Rs. 39.08 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Electrodes - Graphite31, Chowringhee Road, Kolkata West Bengal 700016gilro@graphiteindia.com
http://www.graphiteindia.com
Management
NamePosition Held
Mr. K K BangurChairman
Mr. A DixitExecutive Director
Mr. A V LodhaDirector
Mr. Gaurav SwarupDirector
Mrs. Sudha KrishnanDirector
Mr. Sridhar SrinivasanDirector
Mr. Harsh Pati SinghaniaDirector
Mr. Rahulkumar N BaldotaDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹68.92, which is 87.78% lower than the current market price of ₹564.00. The stock has a market capitalization of 11,010 Cr. and recorded a high/low of 709/460 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹5,796 Cr and total liabilities of ₹7,209 Cr.

What is the Market Cap of ?

The Market Cap of is 11,010 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 564.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 709/460.

What is the Stock P/E of ?

The Stock P/E of is 23.8.

What is the Book Value of ?

The Book Value of is 299.

What is the Dividend Yield of ?

The Dividend Yield of is 1.95 %.

What is the ROCE of ?

The ROCE of is 1.44 %.

What is the ROE of ?

The ROE of is 0.95 %.

What is the Face Value of ?

The Face Value of is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE