Classic Electrodes (India)
- Market cap
- ₹ 79 Cr.
- P/E
- 6.7x
- P/B
- 0.89x
- 52-week range
- 34.75 – 95
- ROE
- 18%
- ROCE
- 19%
- Dividend yield
- 0%
- Debt / equity
- 0.2
- Sector
- Industrial Products
- Industry
- Other Industrial Products
- Listed on
- NSE SME
About
Classic Electrodes (India) Limited is an India-based electrode manufacturing company. The Company is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international markets. The Company is engaged in designing, developing and manufacturing complex and specialized industrial equipment and components for original equipment manufacturers (OEMs) and end user industries. The Company provides a range of product offerings including general purpose electrodes, low alloy electrodes, low hydrogen electrodes, stainless steel electrodes, hard facing electrodes, cast iron electrodes, non-ferrous electrodes, low heat input electrodes, cutting and gauging electrodes, MIG wires and others. It operates from two manufacturing units, out of which Unit I is located in Dhulagarh, West Bengal, and Unit II is located at Jhajjar, Haryana for processing and manufacturing of its products.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Industrial Products: 57 companies →Classic Electrodes (India) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.7 against a typical 22.8: cheaper than most peers (1st = cheapest).3rd of 56
- Sales growth+21% against a typical +17.6% from a year earlier.18th of 42
- Profit growth0% against a typical −2.6% from a year earlier.19th of 41
- Share price, 3 months−21.3% against a typical −4%.42nd of 49
- Size₹ 79.4 Cr. market value against a typical ₹ 127.7 Cr. (1st = largest).34th of 54
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the Unaudited Financial Results for the Half year ended on 30th September 2026. |
| 18 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Nov 2025 | Board Meeting Intimation | CLASSIC ELECTRODES (INDIA) LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2025 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2025 . |
| 5 Sep 2025 | Financial Results | To consider and approve the standalone audited financial results for the half year & year ended on 31st March, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 100 | 106 | 100 | 122 | 121 |
| Expenses | 89 | 95 | 89 | 111 | 109 |
| Operating Profit | 11 | 10 | 11 | 11 | 12 |
| OPM % | 11% | 10% | 11% | 9% | 10% |
| Other Income | 2 | 0 | 0 | 1 | 0 |
| Interest | 3 | 2 | 3 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 9 | 8 | 7 | 8 | 9 |
| Tax % | 35% | 19% | 25% | 23% | 28% |
| Net Profit | 6 | 6 | 5 | 6 | 6 |
| EPS in Rs | 10.54 | 4.65 | 4.16 | 3.61 | 3.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 17%
- TTM
- 18%
- 10 Years
- —
- 5 Years
- 59%
- 3 Years
- 82%
- TTM
- 8%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 25%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Classic Electrodes (India) | ₹ 46.50 | ₹ 79 Cr. | 6.7x | 0.9x | 18% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 22.1x | 2.4x | — | 11.3% |
| BEML | ₹ 1,849.55 | ₹ 15,389 Cr. | 114.9x | 5.5x | — | 3.9% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 31.2x | 6.6x | — | 12.8% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 42.7x | 19.4x | — | 14.1% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 28.5x | 4.6x | — | 10.8% |
Management
- Ashish Murarka
- Chief Financial Officer
- Bhagyashree Agarwal
- Company Secretary, Compliance Officer
- Ayush Agarwal
- Executive Director
- Nitesh Agarwal
- Executive Director
- Sunil Kumar Mittal
- Executive Director
- Sushil Kumar Agarwal
- Managing Director, Director
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