ΔE 15.8, loose: different enough that you should pick on purpose. Mahogany is noticeably darker, more saturated than Graphite Grey.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 16). Mahogany is noticeably darker, more saturated than Graphite Grey.
The same difference applies the other way round: Graphite Grey is noticeably lighter, more muted.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Graphite Grey on the colour wheel See Mahogany on the colour wheel
All matches: Graphite Grey equivalents · Mahogany equivalents