Key Quantitative Figures
- Turnover contributed by the German divisions during FY 2025-26: INR 1,05,29,07,925 (4% of consolidated turnover)
- Net worth of the German divisions as on 31st March 2026: Negative INR 3,22,52,74,216 (-6% of overall consolidated net worth)
- Overall consolidated net worth of Graphite India Limited: INR 5859 crores
Timeline and Implementation
- Estimated time for closure: 6 months
- Closure timeline depends on discussions with local Works Council
- No binding agreement entered for sale of the unit/division
Reasons for Closure
- Lasting impact of Russia-Ukraine war
- Weak demand affecting competitiveness
- Adverse impact on competitiveness of Graphite Specialities and Coating divisions in Germany
Financial Impact
Financial impact quantified for FY 2025-26 with specific turnover and net worth contributions disclosed. The divisions operated at a significant negative net worth position.