ADVERTISEMENT

Graphite India Q4 Review - Muted Performance: ICICI Direct

Graphite India Q4 Review - Muted Performance: ICICI Direct

<div class="paragraphs"><p>Graphite India Ltd. (Source: Company website)</p></div>
Graphite India Ltd. (Source: Company website)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Graphite India Ltd. reported a subdued performance in Q4 FY22. Muted performance from German operation impacted overall consolidated performance. German operations were impacted by sharp increase in electricity and gas prices.

For the quarter, Graphite India reported a standalone capacity utilisation of 92% compared to 85% in Q4 FY21 and 99% in Q3 FY22. Standalone topline for the quarter was at Rs 767 crore, up 36% YoY but down 8% QoQ.

Standalone reported Ebitda for the quarter was at Rs 107 crore, down 16% YoY, 32% QoQ. Ensuing standalone profit after tax for the quarter was at Rs 122 crore, up 7% YoY but down 21% QoQ.

For the quarter, the company reported consolidated capacity utilisation of 76% compared to 73% in Q4 FY21 and 90% in Q3 FY22 (our estimate of 92%).

Click on the attachment to read the full report:

ICICI Direct Graphite Q4FY22 Result Update.pdf

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.