Rasi Electrodes
- Market cap
- ₹ 40 Cr.
- P/E
- 10.8x
- P/B
- 1.05x
- 52-week range
- 9.27 – 19.14
- ROE
- 10%
- ROCE
- 12.9%
- Dividend yield
- 1.5%
- Debt / equity
- 0
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- BSE
About
Rasi Electrodes Limited is an India-based company, which is engaged in manufacturing arc welding electrodes and copper coated mild steel (CCMS) wire used by engineering, chemical and other manufacturing industries. The Company also trades in the entire range of welding products and accessories required by various industries in the heavy engineering and capital goods sector. The Company’s product includes low heat input welding, metal inert gas (MIG) welding tig wire, submerged arc welding (SAW) and flux, power tools, welding electrodes, tungsten rods, natural rutile ore, grinding and cutting wheels, flux core wire, and welding machines. It offers various MIG wires, such as copper coated mild steel welding wire, low alloy high tensile welding wire, stainless steel welding wire, and zero-copper mild steel welding wire. Its power tools include angle grinders and cutting machines. It provides various welding machines, such as plasma cutting machines and tig welding machines.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Rasi Electrodes 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)10.8 against a typical 29.6: cheaper than most peers (1st = cheapest).21st of 184
- Sales growth−9.2% against a typical +20.3% from a year earlier.116th of 147
- Profit growth+5.6% against a typical +9.4% from a year earlier.66th of 121
- Share price, 3 months+0.2% against a typical −3.4%.66th of 164
- Size₹ 40 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).146th of 176
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22 | 21 | 23 | 21 | 21 | 19 | 20 | 19 | 17 | 17 | 19 | 18 |
| Expenses | 20 | 20 | 22 | 20 | 19 | 19 | 19 | 18 | 16 | 16 | 18 | 16 |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 2 |
| OPM % | 6.3% | 4.4% | 4.9% | 6.2% | 6% | 1.7% | 4% | 7.5% | 4.6% | 6.1% | 1.9% | 9.1% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 1 | 1 | 2 |
| Tax % | 24.8% | 25.3% | 19.2% | 5.2% | 38.2% | 47.1% | 31.3% | 21.7% | 27.4% | 26% | 33% | 22.2% |
| Net Profit | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS in Rs | 0.3 | 0.24 | 0.31 | 0.35 | 0.26 | 0.05 | 0.22 | 0.4 | 0.24 | 0.24 | 0.24 | 0.43 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 13%
- 3 Years
- −6%
- TTM
- −12%
- 10 Years
- 13%
- 5 Years
- 22%
- 3 Years
- 5%
- TTM
- 24%
- 10 Years
- 5%
- 5 Years
- 17%
- 3 Years
- −8%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 9%
- 3 Years
- 9%
- 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.
| Rasi Electrodes | ₹ 12.50 | ₹ 40 Cr. | 10.8x | 1.1x | 10% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 21.9x | 2.4x | — | 11.3% |
| BEML | ₹ 1,849.55 | ₹ 15,389 Cr. | 118.1x | 5.7x | — | 3.9% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 33.7x | 7.1x | — | 12.8% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 43.8x | 20x | — | 14.1% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 28.7x | 4.7x | — | 10.8% |
Management
- B. Popatlal Kothari
- Chief Executive Officer, Managing Director, Director
- P. Kashyap Kothari
- Chief Financial Officer
- Jagruti J. Jain
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.