Graphite India Ltd. is a prominent manufacturer of graphite electrodes and carbon and graphite specialty products, such as flexible graphite sheets and tubes in the country. Founded in 1967 in collaboration with the erstwhile Great Lakes Carbon Corporation (GLCC) of the US, Graphite India Ltd. has been in the graphite and carbon industry for more than 50 years. Graphite India Ltd. is presently headquartered in Kolkata, West Bengal. The company’s total revenue for FY 2021-2022 was Rs. 844 crore, and its market capitalisation as of 16 June 2022 was Rs. 7,920.53 crore.
Graphite India Ltd. has six manufacturing plants in India. In addition to this, the company also has a 100% owned subsidiary, Graphite COVA GmbH, at Nuremberg, Germany. In addition to this, the company has three divisions:
- Graphite Electrode Division manufactures graphite electrodes and specialty graphite products
- Impervious Graphite Equipment Division manufactures impervious graphite heat and mass transfer equipment and systems
- GRP Division manufactures glass fibre reinforced plastic pipes and tanks
Graphite India Ltd.’s shareholding pattern includes eight shareholder categories. Promoters hold a 64.52% stake, foreign institutions have a 5.1% stake, national banks and mutual funds have a 5.69% stake, the general public has a 16.54% stake, financial institutions have a 3.41% stake, while foreign promoters have a 0.82% stake. The remaining 3.92% is allotted to other categories.
Mr K K Bangur is the chairman of the company. Mr A Dixit is the executive director, while Mr B Shiva, Mr A K Dutta, and Mr S W Parnerkar are the vice-presidents for the legal, marketing, and finance departments, respectively. Mr B Shiva is also the company secretary, while Mr S W Pamerkar is serving as the CFO. Mr P K Khaitan and Mr N S Damani are non-executive directors of the company.
Here is the latest graphite share price:
On 16 June 2022, graphite share price NSE was Rs. 383.60. Graphite India ltd share price on BSE closed at Rs. 383.65 on 16 June 2022. The 52-week high Graphite India share price was Rs. 754, and the 52-week low of the Graphite India share price was Rs. 382.05 as of 16 June 2022.
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