Graphite India’s Q1 FY2027: Volume-led growth, utilization near peak, and a cash-rich balance sheet

Consolidated net sales were 842 crore, EBITDA was 241 crore, and net profit was 171 crore for Q1 FY2027.

Standalone net sales were 765 crore, EBITDA was 222 crore, and net profit was 157 crore in Q1 FY2027.

On a consolidated basis, net cash was 3,939 crore at June 2026 (cash and equivalents including investments of 4,205 crore and total debt of 266 crore).

The presentation states that year-on-year sales growth was driven by higher sales volume.

Consolidated segment revenues in Q1 FY2027 were 687 crore for Graphite and Carbon Steel, 111 crore for Steel, and 45 crore for Others.

Management decided to close the Specialities and Coating divisions in Germany due to the Russia-Ukraine conflict impact and reduced competitiveness.

The first phase of electrode capacity expansion is expected to be commissioned in the current financial year, as stated in the chairman’s message.