Graphite India Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27), approved by the Board of Directors at its meeting held on August 4, 2026. The meeting commenced at 1:00 PM and concluded at 2:05 PM.

Standalone Financial Performance (₹ in Crores)

Income Statement:

  • Revenue from Operations: ₹765 (Q1 FY27) vs ₹643 (Q1 FY26) vs ₹816 (Q4 FY26)
  • Other Income: ₹107 (Q1 FY27) vs ₹146 (Q1 FY26) vs ₹35 (Q4 FY26)
  • Total Income: ₹872 (Q1 FY27) vs ₹789 (Q1 FY26) vs ₹851 (Q4 FY26)

Expenses Breakdown:

  • Cost of Materials Consumed: ₹354 (Q1 FY27) vs ₹251 (Q1 FY26) vs ₹293 (Q4 FY26)
  • Changes in Inventories: (₹17) (Q1 FY27) vs ₹53 (Q1 FY26) vs ₹90 (Q4 FY26)
  • Employee Benefits Expense: ₹52 (Q1 FY27) vs ₹50 (Q1 FY26) vs ₹48 (Q4 FY26)
  • Power and Fuel: ₹100 (Q1 FY27) vs ₹88 (Q1 FY26) vs ₹101 (Q4 FY26)
  • Finance Costs: ₹3 (Q1 FY27) vs ₹1 (Q1 FY26) vs ₹17 (Q4 FY26)
  • Other Expenses: ₹87 (Q1 FY27) vs ₹82 (Q1 FY26) vs ₹308 (Q4 FY26)

Profitability:

  • Profit before Exceptional Item & Tax: ₹198 (Q1 FY27) vs ₹178 (Q1 FY26) vs (₹103) (Q4 FY26)
  • Exceptional Item: ₹0 (Q1 FY27) vs ₹0 (Q1 FY26) vs ₹16 (Q4 FY26) [reversal]
  • Profit before Tax: ₹198 (Q1 FY27) vs ₹178 (Q1 FY26) vs (₹87) (Q4 FY26)
  • Tax Expense: ₹41 (₹31 Current + ₹10 Deferred) (Q1 FY27) vs ₹33 (₹28 Current + ₹5 Deferred) (Q1 FY26) vs (₹14) (₹29 Current + (₹43) Deferred) (Q4 FY26)
  • Profit for Period: ₹157 (Q1 FY27) vs ₹145 (Q1 FY26) vs (₹73) (Q4 FY26)
  • Total Comprehensive Income: ₹157 (Q1 FY27) vs ₹145 (Q1 FY26) vs (₹69) (Q4 FY26)

Per Share Data (Face Value ₹2):

  • Basic EPS: ₹8.02 (Q1 FY27) vs ₹7.43 (Q1 FY26) vs (₹3.71) (Q4 FY26)
  • Diluted EPS: ₹8.02 (Q1 FY27) vs ₹7.43 (Q1 FY26) vs (₹3.71) (Q4 FY26)

Capital Structure:

  • Paid-up Equity Share Capital: ₹39 crores (consistent across periods)
  • Other Equity: ₹5,595 crores (as of March 31, 2026)

Segment Reporting (Standalone)

Revenue by Segment:

  • Graphite and Carbon: ₹765 crores total revenue
  • Steel: Not separately broken out
  • Others: Not separately broken out
  • Inter-segment revenue: None

Segment Results:

  • Graphite and Carbon: ₹69 crores profit
  • Steel: ₹43 crores profit
  • Others: Not specified
  • Total Segment Results: ₹112 crores
  • Unallocated: (₹89) crores

Segment Assets/Liabilities (as of June 30, 2026):

  • Total Segment Assets: ₹3,051 crores
  • Unallocated Assets: ₹4,177 crores
  • Total Assets: ₹7,228 crores
  • Total Segment Liabilities: ₹379 crores
  • Unallocated Liabilities: ₹1,058 crores
  • Total Liabilities: ₹1,437 crores

Consolidated Financial Performance (₹ in Crores)

Income Statement:

  • Revenue from Operations: ₹842 (Q1 FY27) vs ₹665 (Q1 FY26) vs ₹816 (Q4 FY26)
  • Other Income: ₹97 (Q1 FY27) vs ₹150 (Q1 FY26) vs ₹39 (Q4 FY26)
  • Total Income: ₹939 (Q1 FY27) vs ₹815 (Q1 FY26) vs ₹855 (Q4 FY26)

Profitability:

  • Profit before Exceptional Item & Tax: ₹211 (Q1 FY27) vs ₹167 (Q1 FY26) vs (₹141) (Q4 FY26)
  • Profit before Tax: ₹214 (Q1 FY27) vs ₹167 (Q1 FY26) vs (₹125) (Q4 FY26)
  • Tax Expense: ₹43 (₹31 Current + (₹4) Adjustment + ₹16 Deferred) (Q1 FY27) vs ₹34 (₹28 Current + ₹0 Adjustment + ₹6 Deferred) (Q1 FY26) vs (₹20) (₹29 Current + (₹3) Adjustment + (₹46) Deferred) (Q4 FY26)
  • Profit for Period: ₹171 (Q1 FY27) vs ₹133 (Q1 FY26) vs (₹105) (Q4 FY26)
  • Total Comprehensive Income: ₹170 (Q1 FY27) vs ₹149 (Q1 FY26) vs (₹96) (Q4 FY26)

Attribution:

  • Profit attributable to Equity-holders: ₹172 (Q1 FY27) vs ₹134 (Q1 FY26) vs (₹104) (Q4 FY26)
  • Total Comprehensive Income attributable to Equity-holders: ₹171 (Q1 FY27) vs ₹150 (Q1 FY26) vs (₹95) (Q4 FY26)

Per Share Data (Face Value ₹2):

  • Basic EPS: ₹8.82 (Q1 FY27) vs ₹6.87 (Q1 FY26) vs (₹5.31) (Q4 FY26)
  • Diluted EPS: ₹8.82 (Q1 FY27) vs ₹6.87 (Q1 FY26) vs (₹5.31) (Q4 FY26)

Key Notes to Financial Results

1. Inventory Valuation: The company recognized inventory at Net Realizable Value (NRV). Write-down values: ₹22 crores (June 2026), ₹45 crores (March 2026), ₹75 crores (June 2025)

2. Exceptional Items: Related to New Labour Codes implementation. Originally recognized ₹27 crores charge during Q1-Q3 FY26, with ₹16 crores reversed in Q4 FY26, resulting in net exceptional charge of ₹11 crores for FY26

3. Electricity Duty Litigation: Supreme Court upheld Maharashtra's levy of electricity duty on captive power generation for period April 2000-April 2005. Company recognized additional interest of ₹15 crores under Finance Costs in Q4 FY26

4. Tax Matters: Received refunds of ₹417 crores in earlier years for AY 2018-19 and 2019-20. Company has preferred appeals against short allowance of deductions. No credit/adjustment made pending disposal

5. Subsequent Event: On July 8, 2026, Graphite International B.V. (wholly-owned subsidiary) approved closure and discontinuation of Graphite Specialities and Coating businesses in Germany due to adverse impact of Russia-Ukraine conflict and weak market demand on competitiveness

Auditor Review

S.R. Batliboi & Co. LLP conducted limited review and issued unmodified conclusion for both standalone and consolidated results. The consolidated results include seven subsidiaries: Carbon Finance Limited, Graphite International B.V., Graphite Cova GmbH, Bavaria Electrodes GmbH, Bavaria Carbon Holdings GmbH, Bavaria Carbon Specialities GmbH, and General Graphene Corporation.