Graphite India Ltd.    
13 Aug 2020
180.95
0.84%
ICICI Securities Limited
Graphite India (GIL) reported a subdued set of Q1FY21 numbers wherein it reported a consolidated loss at the EBITDA, PAT level. During the quarter, the performance was impacted by inventory write down taken by the company. For Q1FY21, GIL reported a consolidated topline of | 409 crore (down 58% YoY, 32% QoQ), compared to our estimate of | 335 crore. Better than expected topline was on account of higher-than-expected capacity utilisation. Consolidated capacity utilisation in Q1FY21 was at 36% (75% in Q1FY20, 41% in Q4FY20), higher than our estimate of 30%. Consolidated...
Graphite India Ltd. is trading below all available SMAs
Graphite India Ltd.    
10 Jun 2020
180.95
0.84%
ICICI Securities Limited
Revise down capacity utilisation estimates on subdued demand On account of subdued demand from the steel sector (especially in H1FY21), we downward revise our capacity utilisation estimates for FY21E. For FY21E, we model capacity utilisation of 53% for standalone operations (downward revise from 77.5% earlier) and 50% for consolidated operations (downward revise from 70% earlier). We also introduce FY22E capacity utilisation levels. For FY22E, we model standalone capacity utilisation at 65% and consolidated capacity utilisation at 60%....
Graphite India Ltd. is trading below all available SMAs
Graphite India Ltd.    
31 Oct 2019
180.95
0.84%
ICICI Securities Limited
Graphite India reported muted capacity utilisation levels for Q2FY20. For Q2FY20, consolidated utilisation level was at 61% while standalone utilisation was at 71%. Going forward, we expect utilisation to tread upwards from Q2FY20 levels. World Steel Association (WSA) has recently upward revised its forecasts for global steel demand. WSA now expected the global steel demand to reach 1775 million tonne (MT) in CY19, growth of 3.9% vs. earlier forecast of 1.3% growth or 1735 MT. For consolidated operations, we model capacity utilisation of 67.5% for FY20E and 70.0% for FY21E. For...
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Number of FIIs/FPIs holding stock fell by 20 to 164 in Sep 2020 qtr.
Graphite India Ltd.    
13 Aug 2019
180.95
0.84%
ICICI Securities Limited
Graphite India Ltd. is trading below all available SMAs
Graphite India Ltd.    
21 May 2019
180.95
0.84%
ICICI Securities Limited
Graphite India reported a steady Q4FY19 performance wherein the topline came in broadly in line with our estimates while EBITDA and PAT came in higher than our estimate. On a consolidated basis, Graphite India reported capacity utilisation of 85% (80% in Q3FY19 and 91% in Q4FY18, in line with our estimate of 85%). The consolidated topline came in at | 1693 crore (down 8.7% QoQ, up 28.0% YoY, broadly in line with than our estimate: | 1677 crore). Consolidated EBITDA for the quarter was at | 864 crore (up 20% YoY, down 20% QoQ, higher than our estimate of | 778 crore). EBITDA...
Graphite India Ltd. is trading below all available SMAs
Graphite India Ltd.    
09 Feb 2019
180.95
0.84%
Motilal Oswal
9 February 2019 PHNXs revenues grew 6% YoY to INR4,404m (in line with our est. of INR4,409m), primarily driven by the Retail segment (+7% to INR2,899m). EBITDA margin expanded 90bp YoY to 50.5% (v/s our est. EBITDA stood at INR2,225m, as against our est. We note that other comprehensive income for 9MFY19 includes realized gain of INR622m (INR182m for 3QFY19) on sale of 0.8m equity shares (0.3m for the quarter) of Graphite India. Interest expense stood at INR917m (v/s our est. Consequently, PAT rose 9% YoY to INR708m, higher than our est.
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bhumit The report attached is of Pheniox Mills.
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Graphite India Ltd. has an average target of 200.00 from 1 broker.
Graphite India Ltd.    
07 Feb 2019
180.95
0.84%
ICICI Securities Limited
For Q3FY19, Graphite India reported subdued results wherein topline, EBITDA and PAT came in below our estimate. The performance during the quarter was impacted by higher-than-expected operating costs (especially needle coke) and lower than expected volumes The company reported a consolidated topline of | 1855 crore (up 81% YoY, down 21% QoQ) lower than our estimate of | 1926.1 crore. Consolidated EBITDA for the quarter was at | 1083 crore (Q3FY18: | 543 crore, Q2FY19: | 1640 crore, our estimate: | 1193 crore). The...
Graphite India Ltd. is trading below all available SMAs
Graphite India Ltd.    
09 Nov 2018
180.95
0.84%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research For Q2FY19, Graphite India reported an outperformance on all fronts. The company reported a consolidated topline of | 2345 crore (up 344% YoY, 19.3% QoQ) higher than our estimate of | 1990 crore Consolidated EBITDA for the quarter was at | 1640 crore (our estimate: | 1249 crore). EBITDA margin was at 69.9% (vs. Q2FY18: 27.3%, Q1FY19: 73.1%, our estimate: 62.8%). On a QoQ basis, raw material cost (as percentage of sales) increased to 18.1% from 14.8%...
Graphite India Ltd. has an average target of 200.00 from 1 broker.
Graphite India Ltd.    
21 Sep 2018
180.95
0.84%
ICICI Securities Limited
According to media sources, officials from the Karnataka State Pollution Control Board (KSPCB) inspected two units of Graphite India (GIL) in Bengaluru. Prima facie, the team indicated the plant is not complying with the required air pollution norms. KSPCB is expected to submit a report on the same to the National Green Tribunal (NGT) in a week. Earlier, KSPCB in 2012 served the plant a closure notice on which the company got a stay from the appeals court. Following the stay, the residents approached the NGT where the case is currently pending....
Graphite India Ltd. has an average target of 200.00 from 1 broker.
Graphite India Ltd.    
07 Aug 2018
180.95
0.84%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Growing EAF production points to healthy demand prospects Due to stringent environmental norms, China has shut ~155-160 million tonne (MT) of largely unaccounted induction furnace capacity along with ~115 MT steelmaking capacity in 2016-17. These capacity cuts have led to steel export reduction by ~40% from the region, thereby encouraging steel production via EAF route in other countries. Industry sources indicate globally ~55 MT of EAF steel production was added in 2017. On...
Graphite India Ltd. has an average target of 200.00 from 1 broker.