Is Graphite India Ltd. (GRAPHITE) Halal?

Graphite India Ltd. (GRAPHITE) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 38.44% exceeds limit 33.0%.

What is the dividend purification rate for GRAPHITE?

The non-permissible dividend purification factor for Graphite India Ltd. is 2.45%.

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GRAPHITE

NSECapital GoodsCap: ₹14181.34 Cr

Graphite India Ltd.

+13.22%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Liquidity: Cash 38.44% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹14181.34 Cr

P/E Ratio

66.5x

P/B Ratio

2.4x

52W High

₹874.35

52W Low

₹516.2

Div. Yield

96.00%

Shares O/S

19.54 Cr

Where Does the Money Come From?

Revenue breakdown for Graphite India Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

97.5%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

2.5%of Total Revenue

About Graphite India Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

4.85%Max: ≤ 33.0%

Cash & Securities Liquidity

38.44%Max: ≤ 33.0%

Impure Revenue Ratio

2.45%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 1.21%

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HalalPurification: 0.8%

APLAPOLLO

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HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for GRAPHITE

⚠️ Note: GRAPHITE is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.