Graphite India Limited has released its Q2 FY2027 earnings presentation, detailing financial performance for the quarter ended September 30, 2026. The company reported increased net sales and profit for both consolidated and standalone operations compared to the previous year, indicating positive business momentum. The presentation also covers industry overviews and future outlooks.
Graphite India Announces Q2 FY2027 Financial Performance
Graphite India Limited has issued its Earnings Presentation for the quarter and half year ended September 30, 2026. The report outlines the company’s un-audited financial results on both a standalone and consolidated basis.
Q2 FY2027 Financial Highlights
For the second quarter of FY2027:
- Consolidated Results: Net Sales reached ₹826 Crores, marking a 13.3% year-on-year growth. EBITDA was ₹189 Crores (up 43.2% y-o-y), and Net Profit stood at ₹94 Crores (up 23.7% y-o-y). Earnings Per Share (EPS) was ₹4.89. The consolidated balance sheet shows a Gross Debt of ₹274 Crores and Net Cash of ₹3,827 Crores.
- Standalone Results: Net Sales were ₹806 Crores, a 13.5% year-on-year increase. EBITDA was ₹197 Crores (up 36.8% y-o-y), with Net Profit at ₹128 Crores (up 39.1% y-o-y). EPS was ₹6.56. The standalone balance sheet indicates a Gross Debt of ₹150 Crores and Net Cash of ₹3,751 Crores.
Half Yearly Performance (Nine Months Ended September 2026)
- Consolidated: Total Income grew by 14.6% y-o-y to ₹1,871 Crores. EBITDA increased by 32.3% y-o-y to ₹430 Crores. Net Profit rose by 26.8% y-o-y to ₹265 Crores.
- Standalone: Total Income increased by 11.8% y-o-y to ₹1,777 Crores. EBITDA saw a 21.8% y-o-y rise to ₹419 Crores. Net Profit grew by 20.3% y-o-y to ₹285 Crores.
Industry Overview and Outlook
The presentation also provides insights into the Steel Industry Overview, highlighting production data and demand outlooks, particularly noting India’s robust growth in steel demand. The Graphite Electrode Industry Overview points to the increasing adoption of the Electric Arc Furnace (EAF) process driven by environmental regulations, which is expected to boost demand for graphite electrodes. The company’s strategy includes vertical integration and expansion into value-added specialty graphite products and advanced chemistry battery technologies.
Capacity Utilization
Standalone capacity utilization for Q2 FY2027 was reported at 96%, a slight decrease from 99% in Q2 FY2026, but higher than the 92% in Q2 FY2026 mentioned in the Chairman’s message context.
Leverage Profile
The company maintains a strong leverage profile with substantial Net Cash reserves on both consolidated (₹3,827 Crores as of Sept-26) and standalone (₹3,751 Crores as of Sept-26) bases, indicating financial flexibility for future growth.
Source: BSE
