What is Rasi Electrodes share price return in the past 10 years?

Rasi Electrodes Ltd share price has appreciated 2.4% annually (CAGR) over the past ten years.

Rasi Electrodes Ltd - Stock Valuation and Financial Performance

Name: Rasi Electrodes
Brand: Rasi Electrodes

BSE: 531233 | NSE: | Electrodes & Welding Equipment | Small Cap

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Rasi Electrodes Share Price

₹18.89 -0.57 -2.93%
as on 25-Apr'25 16:59

DeciZen - make an informed investing decision on Rasi Electrodes

Based on:

Data

M-Cap below 100cr DeciZen not available

Rasi Electrodes stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

19.34

Market Cap:

58.8 Cr.

52-wk low:

16.1

52-wk high:

45.2

Is Rasi Electrodes Ltd an attractive stock to invest in?

1. Is Rasi Electrodes Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rasi Electrodes Ltd is a below average quality company.

2. Is Rasi Electrodes Ltd undervalued or overvalued?

The key valuation ratios of Rasi Electrodes Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rasi Electrodes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rasi Electrodes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rasi Electrodes:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	9.8%	8.5%	7.4%	5.9%	8.8%	4.6%	8.6%	9.9%	13.5%	13.1%	-
Value Creation Index ⓘ	-0.3	-0.4	-0.5	-0.6	-0.4	-0.7	-0.4	-0.3	0.0	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	23.3	23.1	26.8	34.2	47.4	46	39.5	68.4	87.5	83.8	84
Sales YoY Gr.	-	-0.9%	16.3%	27.6%	38.5%	-3.1%	-14.2%	73.3%	28%	-4.2%	-
Adj EPS ⓘ	0.3	0.3	0.3	0.3	0.3	0.2	0.4	0.7	1	1	1
YoY Gr.	-	13.8%	-18.2%	7.4%	13.8%	-39.4%	100%	65%	45.5%	4.2%	-
BVPS (₹) ⓘ	6	6.6	6.8	7	7.3	7.5	7.9	8.5	9.5	10.5	11.1
Adj Net Profit ⓘ	0.9	1	0.9	0.9	1	0.6	1.3	2.1	3	3.1	3
Cash Flow from Ops. ⓘ	-3.3	0	-0.5	-0.3	1.5	4.4	-2.4	-3.9	7.5	4.4	-
Debt/CF from Ops. ⓘ	-1	333.8	-8.9	-22.1	3.7	0.6	-2.3	-2.5	0.4	0.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	15.3%	12.1%	28.6%	-4.2%
Adj EPS ⓘ	14.7%	24.8%	35.7%	4.2%
BVPSⓘ	6.4%	7.4%	10%	10.8%
Share Price	2.4%	55.9%	32.9%	-34.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	5.6	5.2	4.1	4.2	4.6	2.7	5.3	8.1	10.7	10.1	9.1
Op. Profit Mgn % ⓘ	8.5	9.5	7.9	4.7	5.8	3.1	5.8	4	4.5	4.9	4.8
Net Profit Mgn % ⓘ	3.9	4.5	3.2	2.7	2.2	1.4	3.2	3	3.4	3.7	3.6
Debt to Equity ⓘ	0.2	0.3	0.2	0.3	0.3	0.1	0.2	0.4	0.1	0	-
Working Cap Days ⓘ	191	240	254	223	172	172	210	149	121	119	65
Cash Conv. Cycle ⓘ	121	144	161	143	113	121	161	124	105	97	58

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 28.56%

Net Profit is growing at healthy rate in last 3 years 35.72%

Return on Equity has declined versus last 3 years average to 9.10%

Sales growth is not so good in last 4 quarters at 0.34%

Latest Financials - Rasi Electrodes Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1	-
TTM Sales (₹ Cr.)	84	-
BVPS (₹.) ⓘ	11.1	-
Reserves (₹ Cr.) ⓘ	28	-
P/BV ⓘ	1.70	-
PE ⓘ	19.34	-

From the Market
52 Week Low / High (₹)	16.10 / 45.24
All Time Low / High (₹)	0.45 / 45.24
Market Cap (₹ Cr.)	58.8
Equity (₹ Cr.)	6.2
Face Value (₹)	2
Industry PE ⓘ	32.2

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	22.7	-0.6	21.3	13	20.6	-4.3	19.3	-6.8
Adj EPS (₹) ⓘ	0.3	40.9	0.4	94.4	0.3	-13.3	0.1	-75
Op. Profit Mgn % ⓘ	4.96	140 bps	6.26	269 bps	6.01	-27 bps	1.74	-271 bps
Net Profit Mgn % ⓘ	4.27	130 bps	5.14	216 bps	3.89	-43 bps	0.90	-268 bps

Management X-Ray of Rasi Electrodes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Rasi Electrodes

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Rasi Electrodes

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Graphite India	461.8	-15.2 (-3.2%)	Small Cap	2,894	21.7	2.1	22	1.7
HEG	464	-13.2 (-2.8%)	Small Cap	2,395	10.3	9.6	46.5	2.2
Esab india	4,607.6	-66.5 (-1.4%)	Small Cap	1,259	111.9	12.7	41.8	18.6
Ador Welding	902.1	-3 (-0.3%)	Small Cap	884	19.8	6.9	45.6	3.2
GEE	138.1	0.5 (0.4%)	Small Cap	369	2.6	3.5	53.5	2.6
Diffusion Engineers	252.1	-10.8 (-4.1%)	Small Cap	257	6.3	8.5	42	2.8
D&H India	204.1	-3.4 (-1.6%)	Small Cap	158	4.1	1.7	50.5	3.8
Rasi Electrodes	18.9	-0.6 (-2.9%)	Small Cap	83.8	1	3.7	19.9	1.8
De Nora India	794.6	-37.8 (-4.5%)	Small Cap	73.8	7.6	24.8	110.2	3.8
Panasonic Carbon	486.5	-8.7 (-1.8%)	Small Cap	51.3	42.9	36.1	11.5	1.4

Shows rows:

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	23.29	23.08	26.84	34.24	47.43	45.96	39.45	68.38	87.53	83.83
Operating Expenses ⓘ	21.32	20.98	24.73	32.89	44.76	44.75	37.17	65.71	83.67	79.75
Manufacturing Costs	2.05	2.45	2.75	3.33	4.36	5.03	3.13	5.06	7.71	8.09
Material Costs	16.47	15.30	18.26	25.45	35.81	33.36	30.19	55.37	70.11	65.70
Employee Cost	1.79	1.94	2.39	2.52	2.77	2.94	2.34	3.09	3.61	3.92
Other Costs ⓘ	1.01	1.29	1.34	1.59	1.83	3.42	1.51	2.19	2.24	2.04
Operating Profit ⓘ	1.97	2.09	2.11	1.35	2.67	1.21	2.28	2.67	3.86	4.08
Operating Profit Margin (%)	8.5%	9.1%	7.8%	3.9%	5.6%	2.6%	5.8%	3.9%	4.4%	4.9%
Other Income ⓘ	0.55	0.79	0.62	0.88	0.60	0.92	0.85	1.25	1.45	1.05
Interest ⓘ	0.44	0.38	0.49	0.71	0.68	0.46	0.37	0.46	0.46	0.18
Depreciation ⓘ	0.60	0.80	0.82	0.68	0.82	0.88	0.75	0.68	0.68	0.78
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1.48	1.70	1.42	0.84	1.77	0.78	2.01	2.79	4.17	4.16
Tax ⓘ	0.54	0.69	0.56	-0.01	0.75	0.27	0.66	0.74	1.16	0.95
Profit After Tax	0.94	1.01	0.85	0.85	1.02	0.51	1.36	2.05	3.01	3.20
PAT Margin (%)	4.0%	4.4%	3.2%	2.5%	2.2%	1.1%	3.4%	3.0%	3.4%	3.8%
Adjusted EPS (₹)	0.3	0.3	0.3	0.3	0.3	0.2	0.4	0.7	1.0	1.0
Dividend Payout Ratio (%)	33%	31%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	18.39	20.64	21.02	21.84	22.81	23.27	24.47	26.43	29.42	32.59
Share Capital ⓘ	6.16	6.23	6.23	6.23	6.23	6.23	6.23	6.23	6.23	6.23
Reserves ⓘ	12.23	14.42	14.80	15.61	16.58	17.05	18.24	20.21	23.20	26.36
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	3.17	5.34	4.47	5.47	5.66	2.46	5.47	9.56	3.18	1.30
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	3.17	5.34	4.47	5.47	5.66	2.46	5.47	9.56	3.18	1.30
Trade Payables	0.76	0.17	0.44	0.94	1.28	1.29	0.73	0.14	0.02	0.97
Others Liabilities ⓘ	2.94	1.62	1.48	0.98	1.06	1.39	1.98	2.15	2	2.27
Total Liabilities ⓘ	25.26	27.77	27.41	29.23	30.81	28.41	32.65	38.28	34.63	37.13
Fixed Assets
Gross Block	10.16	11.18	11.49	11.93	13.76	14.87	14.87	15.18	16.31	17.04
Accumulated Depreciation	3.88	4.68	5.50	6.08	6.88	7.76	8.40	8.89	9.58	10.16
Net Fixed Assetsⓘ	6.29	6.50	5.99	5.85	6.87	7.12	6.47	6.29	6.74	6.88
CWIP ⓘ	0.13	0	0.04	0	0	0.04	0	0.01	0	0
Investmentsⓘ	0.02	0.79	0.76	0.47	0.44	0.21	0.32	0.54	0.51	0.75
Inventories	3.93	4.86	5.21	5.67	6.34	6.35	8.70	11.60	9.25	7.56
Trade Receivables	6.28	6.24	7.98	9.44	10.39	10.10	11.91	15.21	14.49	14.44
Cash Equivalents	2.67	2.97	0.73	0.98	0.60	0.51	1.11	0.51	0.33	2.08
Others Assetsⓘ	5.95	6.40	6.70	6.82	6.16	4.09	4.15	4.12	3.32	5.41
Total Assets ⓘ	25.26	27.77	27.41	29.23	30.81	28.41	32.65	38.28	34.63	37.13

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-3.25	0.02	-0.50	-0.25	1.54	4.38	-2.42	-3.90	7.50	4.40
PBT ⓘ	1.48	1.70	1.42	0.84	1.77	0.78	2.01	2.79	4.17	4.16
Adjustment ⓘ	0.63	0.67	1.04	0.98	1.12	1.22	0.56	0.73	0.90	0.38
Changes in Working Capital ⓘ	-4.99	-2.02	-2.43	-1.75	-0.71	2.66	-4.54	-6.72	3.57	1
Tax Paid ⓘ	0	0	-0.53	-0.31	-0.64	-0.28	-0.46	-0.70	-1.14	-1.13
Cash Flow From Investing Activity ⓘ	-2.83	-1.34	-0.36	0.20	-1.43	-0.81	0.39	-0.34	-0.85	-0.58
Capex	-3.21	-1.02	-0.30	-0.49	-1.84	-1.12	0	-0.52	-1.12	-0.86
Net Investments	0.17	-0.77	-0.28	0.22	0.01	0.03	0.12	-0.09	0	0.01
Others ⓘ	0.21	0.46	0.22	0.48	0.39	0.28	0.28	0.26	0.27	0.28
Cash Flow From Financing Activityⓘ	5.98	1.63	-1.38	0.29	-0.49	-3.66	2.63	3.63	-6.84	-2.06
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	-0.49	-0.71	-0.68	-0.46	-0.37	-0.46	-0.46	-0.18
Dividend Paid ⓘ	0	-0.36	0	0	0	0	0	0	0	0
Others ⓘ	5.98	1.99	-0.89	1	0.19	-3.20	3	4.09	-6.38	-1.88
Net Cash Flow ⓘ	-0.09	0.31	-2.24	0.25	-0.38	-0.09	0.60	-0.61	-0.18	1.76

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	6.21	5.16	4.09	3.95	4.57	2.23	5.68	8.04	10.76	10.33
ROCE (%)	9.81	8.49	7.4	5.87	8.79	4.61	8.56	9.85	13.49	13.06
Asset Turnover Ratio	1.2	0.96	0.97	1.21	1.58	1.55	1.29	1.93	2.4	2.34
PAT to CFO Conversion(x)	-3.46	0.02	-0.59	-0.29	1.51	8.59	-1.78	-1.9	2.49	1.38
Working Capital Days
Receivable Days	82	89	97	93	76	81	102	72	62	63
Inventory Days	50	63	68	58	46	50	70	54	43	37
Payable Days	13	11	6	10	11	14	12	3	0	3

Rasi Electrodes Ltd Stock News

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Rasi Electrodes Ltd FAQs

What is the share price of Rasi Electrodes?

Company share prices are keep on changing according to the market conditions. The closing price of Rasi Electrodes on 25-Apr-2025 16:59 is ₹18.89.

What is the market cap of Rasi Electrodes?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2025 16:59 the market cap of Rasi Electrodes stood at ₹58.81.

What is the P/E ratio of Rasi Electrodes?

The latest P/E ratio of Rasi Electrodes as of 25-Apr-2025 16:59 is 19.34.

What is the P/B ratio of Rasi Electrodes?

The latest P/B ratio of Rasi Electrodes as of 25-Apr-2025 16:59 is 1.70.

What is the 52-week high and low of Rasi Electrodes?

The 52-week high of Rasi Electrodes is ₹45.24 and the 52-week low is ₹16.10.

What is the TTM revenue of Rasi Electrodes?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rasi Electrodes is ₹83.95 ( Cr.) .

About Rasi Electrodes Ltd

Rasi Electrodes Ltd came into being in the year 1994 and started commercial production for MMAW/SMAW electrodes in end of December 1994, under the brand name of Rasi. With well equipped plant & machineries, Laboratory and qualified cum experienced staff to produce Quality Products.

The company was incorporated for manufacturing of MMAW electrodes & marketing of welding consumables under the brand name of Rasi with well equipped plant & machineries, Laboratory and qualified cum experienced staff to produce Quality Products.

From the beginning the company has strived to offer its customers quality in its products, such as Mild Steel, Low Hydrogen, Hard Facing, Stainless Steel, Cast Iron, Cutting and Gouging electrodes and Low Heat Input Welding Alloys (Repair and Maintenance Electrodes)

The electrodes manufacturing, testing machinery and equipments are procured keeping in mind their capability to produce stringent quality products of desired quality meeting not only national and international standards but also meeting specific customer quality requirements.

Their technical service staff helps the customers in studying the welding applications, selection of appropriate electrodes and the procedures, training of welding personal with the aim of achieving customer satisfaction.

They offer a complete range of welding Solutions.

Product range of the company includes:

Conventional

Mild Steel
Pipe Welding
Low Hydrogen
Stainless Steel
Cast Iron
Hard Facing
Cutting & Gouging

Low Heat Input Welding Alloys

For Steels
For Disimilar Steels
For Cast Iron
For Stainless Steels
For Copper & Non Ferrous Alloys
For Nickel & Nickel Alloys
For HardSurfacing & Wear Resistant
For Cutting & Gouging

CCMS Wires

MIG/TIG Wires

Flux Cored Wires

SAW Wires & Flux

Welding Rectifier

Welding Transformer

Silver Brazing Wires

MIG/MAG Machines

Achievements/ recognition:

Certification:

Det Norske Veritas Management System Certificate.ISO 9001:2000
Det Norske Veritas Type Approval Certificate.
BHEL - Bharat Heavy Electricals Limited â€“ Trichy.
Directorate General of Quality Assurance Controllerate of Quality Assurance (Metals)
Indian Register of Shipping.
Bureau Veritas.
Engineers India Limited.
IBR.
DGS&D.
Bureau of Indian Standrds (ISI).