GRAPHITE INDIA LTD. - 509488 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance report.15-05-2024
15-05-2024
GRAPHITE INDIA LTD. - 509488 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for loss of share certificates14-05-2024
GRAPHITE INDIA LTD. - 509488 - Annual General Meeting
Intimation for date of Annual General Meeting10-05-2024
GRAPHITE INDIA LTD. - 509488 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for loss of share Certificates09-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Graphite India Ltd.
Industrial Goods company Graphite India announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated: Net Sales of Rs 720 crore, a decline of 11.7% YoY EBITDA of Rs 62 crore with margin of 7.5% Net Profit of Rs 16 crore EPS of Rs 0.80 per share Standalone: Net Sales of Rs 706 crore, a decline of 2.9% YoY EBITDA of Rs 66 crore with margin of 9.3% Net Profit of Rs 34 crore EPS of Rs 1.73 per share FY24 Financial Highlights: Consolidated: Net Sales of Rs 2,950 crore, a decline of 7.3% YoY EBITDA of Rs 160 crore with margin of 5.4% Net Profit of Rs 805 crore EPS of Rs 41.36 per share Gross Debt of Rs 177 crore Cash (Net of Gross Debt) of Rs 3,307 crore Dividend announced of Rs 11 per share for FY24 Dividend pay out ratio of 550% on the Face Value Standalone: Net Sales of Rs 2,894 crore, a decline of 0.7% YoY EBITDA of Rs 207 crore with margin of 7.2% Net Profit of Rs 872 crore EPS of Rs 44.62 per share K K Bangur, Chairman of Graphite India said, “For FY2024, Graphite India delivered Consolidated Net Sales of Rs 2,950 crore, EBITDA of Rs 160 crore and Net Profit of Rs 805 crore, which includes the sale of land in Bengaluru. Although sales volume increased during the year, lower realisations impacted Net Sales by 7.3% compared to the previous year. During Q4 FY24, standalone capacity utilisation increased to 93% as compared to 61% in Q4 FY23. Graphite India is well capitalised with a Net Cash balance of Rs 3,307 crore at the end of March 2024. Steel demand in developed economies has shown modest near-term growth, with a projected increase of 1.3% in 2024 and a further 2.7% growth in 2025. In China, steel demand remains relatively low as a result of the slowdown in the real estate sector. However, this has been offset by growth from the infrastructure and manufacturing sectors, resulting in 2024 expected demand to be flat compared to the previous year. In sharp contrast, India's steel demand has a positive near-term outlook considering robust plans for infrastructure investments across the country, with an anticipated 8% annual growth rate. The pricing for graphite electrodes continues to remain under pressure while input costs need further correction. Global decarbonisation of steel will support the EAF manufacturing process, resulting in a significant increase in demand of graphite electrodes in the medium to long term. The current uncertainties in the world economy with persistent inflation, higher interest rates and geopolitical tensions could delay the trend. In alignment with the company’s commitment to sustainability objectives, Graphite India has partly commissioned its first wind power facility for captive consumption, with full commissioning expected by Q1FY25. This initiative will lead to substantial energy cost savings and a reduction in carbon emissions. As Graphite India navigates through this challenging environment, management remains focused on overall operational efficiencies with a long term goal towards a stronger future.” Result PDF08-05-2024
Graphite India Announces Dividend Of Rs 11 Per Share
The company's fourth-quarter revenue fell 12% year-on-year to Rs 720 crore.07-05-2024
GRAPHITE INDIA LTD. - 509488 - Appointment of Company Secretary and Compliance Officer
Appointment of Company Secretary and Compliance Officer w.e.f, 01.06.202407-05-2024
GRAPHITE INDIA LTD. - 509488 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earning Presentation 31.03.202407-05-2024
GRAPHITE INDIA LTD. - 509488 - Appointment of Company Secretary and Compliance Officer
Appointment of Company Secretary and Compliance Officer w.e.f. 01/06/202407-05-2024