Graphite India Limited (509488) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Graphite India Limited ₹159, price ₹786, upside -79.7%, quality 52 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹242.02 – ₹845.05 · fair‑value band ₹131.28 – ₹211.19 · the ₹786.00 price screens above the ₹159.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. It operates in two segments, Graphite and Carbon, and Others. The company offers a range of graphite electrodes with various diameter and power for AC and DC furnaces.
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Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. It operates in two segments, Graphite and Carbon, and Others. The company offers a range of graphite electrodes with various diameter and power for AC and DC furnaces. It also provides extruded graphite in the form of rods and blocks, mini rods, graphite tubes, heat exchanger tubes, molded mold and isostatically moulded graphite, machined components of carbon and graphite, carbon graphite/bricks, and carbon composites/brake discs. In addition, the company offers calcined petroleum coke, carbon electrode paste, graphite granules and fines, and carbonaceous materials to aluminum, steel, ferro alloy, and foundry castings industries; and impervious graphite heat exchangers, which are used as condensers, coolers, heaters, re-boilers, evaporators, interchangers, and graphite columns for distillation, absorption and scrubbing, ejector systems, and centrifugal pumps. Further, the company provides HCl synthesis and dry HCl gas generation units, and H2SO4/HCl concentration and acid dilution cooling units; bursting discs, thermos-wells, pipes, and pipe fittings; glass fiber reinforced plastic pipes, joints, and fittings; and high speed, alloy tool, and powder metallurgy steels for cutting tools. Additionally, it generates and sells electricity to Karnataka power grid under a power purchase agreement through a hydel power plant. The company was founded in 1962 and is based in Kolkata, India. Graphite India Limited is a subsidiary of Emerald Company Private Limited.
Stock analysis
Graphite India Limited (509488) currently trades at ₹786.00, while our model-based Fair Value estimate is ₹159.32, 79.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹375.79 per share, and 0 of the 24 models we run sit above the ₹786.00 price.
Bear case: the Earnings-Based group reads lowest at ₹39.05, and 24 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹131.28 (bear) to ₹211.19 (bull), the price of ₹786.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Graphite India Limited reported revenue of ₹25.6B in FY2025 versus ₹19.6B in FY2021, a compound +6.9%/yr. Reported net income was ₹4.6B in FY2025.
Key figures
Market cap ₹36.3B (≈ $377M) · P/E ratio 77.5 · P/S ratio 14.0 · EPS (TTM) ₹2.31 · Dividend yield 2.2% · Net margin 18.1% · Return on assets (EBIT) 0.9% · Operating margin −21.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 51% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −80%, 509488 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹39.05 to ₹496.70). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹131.28Fair Value ₹159.32Bull ₹211.19
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−13.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.7%
Start year 2020 (pandemic). Over 10 years: +4.1% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−20.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−23.1%
Dividend (yield on the price)2.2%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−4% → 7%
⚠ Revenue per share shrinking 1.8%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 540 stocks
Beats the industry median on 3/10 measures
Overall it trails its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside−79.2% · Bottom 25%
Profitability
Return on assets0.0% · Bottom 25%
Net margin (TTM)−10.0% · Bottom 25%
Operating margin (TTM)−21.8% · Bottom 25%
Growth and dividend
Revenue growth−57.7% · Bottom 25%
Dividend yield (TTM)2.2% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Graphite India Limited Fair Value". https://www.fairvalue-calculator.com/stock/509488
Frequently asked questions
Is Graphite India Limited (509488) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹159.32 versus a price of ₹786.00, about −80% upside (overvalued).
What is the fair value of 509488?
Our model-based fair value for Graphite India Limited is ₹159.32 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹786.00.
What is the quality score of 509488?
Graphite India Limited has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Graphite India Limited (509488)?
Our model-based price target is the fair value of ₹159.32 (as of Sep 24, 2026) from 24 valuation models. Cautious scenario ₹131.28, optimistic scenario ₹211.19. It is a calculation from audited fundamentals, not an analyst target.
What is the Graphite India Limited stock forecast for 2026?
Our models put fair value at ₹159.32, about −80% upside versus a price of ₹786.00 (overvalued). Cautious scenario ₹131.28, optimistic scenario ₹211.19. The calculation is refreshed regularly with new filings.
What is the revenue of Graphite India Limited (509488)?
Graphite India Limited reported trailing-twelve-month revenue of about ₹25.4B (latest available figure, as of Sep 24, 2026).
Does Graphite India Limited pay a dividend?
Graphite India Limited currently shows a dividend yield of about 2.17% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Graphite India Limited (509488)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Graphite India Limited it is ₹159.32 per share (as of Sep 24, 2026), against a price of ₹786.00. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Graphite India Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 509488 trades above its calculated fair value: price ₹786.00, fair value ₹159.32, a gap of about −80% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 509488?
No. The price is what the market pays today (₹786.00); the fair value is what the company's own numbers justify (₹159.32). For Graphite India Limited the two are ₹626.68 per share apart. That gap is exactly why we show both numbers side by side.
How much is Graphite India Limited worth?
The market values Graphite India Limited at about ₹36.3B (market capitalisation, as of Sep 24, 2026). Per share that is ₹786.00; our models calculate a fair value of ₹159.32 per share.
What do the bullish and bearish scenarios say about 509488?
Our models span a range for Graphite India Limited: cautious scenario ₹131.28, base ₹159.32, optimistic ₹211.19 per share (as of Sep 24, 2026, price ₹786.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 509488?
Graphite India Limited trades at a price-to-earnings ratio of 77.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹159.32 is built from several models across several years. Other multiples: P/S 0.0.
How solid is the balance sheet of Graphite India Limited (509488)?
Balance-sheet figures for Graphite India Limited (as of Sep 24, 2026): debt of 0.00 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is 509488 from its 52-week high?
Graphite India Limited trades at ₹786.00, about 7% below its 52-week high of ₹845.05 and 51% above the low of ₹519.99 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹159.32 is for.
Which stocks are comparable to Graphite India Limited?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Graphite India Limited stock attractive at the current price?
The data as of Sep 24, 2026: price ₹786.00, calculated fair value ₹159.32 (−80%), Quality Score 52/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 509488 calculated?
We run Graphite India Limited through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹159.32, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Graphite India Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Graphite India Limited (509488)?
The closing price on Oct 1, 2026 was ₹786.00. Our model-based fair value is ₹159.32, about −80% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Graphite India Limited right now?
The price sits above even our optimistic bull case (₹211.19). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Graphite India Limited
How large is the market capitalisation of Graphite India Limited (509488)?
The market capitalisation of Graphite India Limited is ₹36.3B (≈ $377M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Graphite India Limited (509488)?
The price-to-sales ratio of Graphite India Limited is 14.0 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Graphite India Limited (509488)?
Earnings per share at Graphite India Limited are ₹2.31 (price ÷ EPS = P/E 77.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Graphite India Limited (509488)?
The dividend yield of Graphite India Limited is 2.2%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Graphite India Limited (509488)?
The net margin of Graphite India Limited is 18.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Graphite India Limited (509488)?
On an EBIT basis the return on assets of Graphite India Limited is 0.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Graphite India Limited (509488)?
The operating margin of Graphite India Limited is −21.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Graphite India Limited (509488)?
Revenue at Graphite India Limited is growing −57.7% versus a year earlier (3y avg −5.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
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