Graphite India Limited — PPTs, 11-11-2024: Investor Presentation

**Financial Highlights:**

Graphite India reported consolidated net sales of ₹643 Crore for Q2 FY2025, reflecting a decline of 18.9% year-on-year. EBITDA amounted to ₹278 Crore, while net profit stood at ₹194 Crore, significantly down from ₹802 Crore in Q2 FY2024, resulting in an EPS of ₹10.00. Standalone results indicated net sales of ₹586 Crore (down 25.4% y-o-y), EBITDA of ₹255 Crore, and a net profit of ₹182 Crore. The company maintains a strong balance sheet, with a consolidated net cash position of ₹3,864 Crore. Capacity utilization was at 84%, down from 87% in the same quarter last year.

**Strategic Initiatives and Growth Drivers:**

As global steel production declines, India’s output continues to rise, driven by robust infrastructure spending, particularly in steel-intensive sectors. The firm is focusing on decarbonization and sustainability best practices to enhance operational efficiency and reduce carbon footprint.

**Business Developments:**

The company is exploring advanced technologies through its partnerships in graphene and battery applications while enhancing graphite production efficiency.

**Market Position and Competitive Advantage:**

Graphite India remains a leading player in the global graphite electrode market, benefitting from a cost-effective production base and high-quality offerings. Despite pricing pressures for graphite electrodes, strategic investments and quality focus position the company favorably in a shifting industry landscape.

**Investor Implications:**

The results highlight current challenges but also the potential for recovery as infrastructure projects bolster demand. The strong cash position provides flexibility for future growth, making Graphite India a stock to watch closely amidst industry fluctuations.