Royal Arc Electrodes
- Market cap
- ₹ 165 Cr.
- P/E
- 17.4x
- P/B
- 2.03x
- 52-week range
- 126.5 – 197
- ROE
- 13%
- ROCE
- 18%
- Dividend yield
- 0.7%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Electrodes & Refractories
- Listed on
- NSE SME
About
Royal Arc Electrodes Limited is engaged in the manufacturing of welding consumables, such as welding electrodes, flux cored wire, metal inert gas (MIG)/ tungsten inert gas (TIG) wires, which find its application in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels. It is also engaged in the trading of ancillary/incidental products like wheels, electro slag, welding flux cored wire, electro slag strip cladding, saw flux and TIG /MIG wires. It manufactures its products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, and ferro alloy powder. MIG wire manufacturers provide MIG wires in a variety of spool sizes and are also available in drum packing for continuous welding. MIG wires can also be packed in a variety of ways. Its products are used in industries like railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom industries, thermal power stations, PEB sectors and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Electrodes & Refractories: 16 companies →Royal Arc 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)17.4 against a typical 29.8: cheaper than most peers (1st = cheapest).5th of 16
- Share price, 3 months+6.8% against a typical +6.8%.8th of 15
- Size₹ 164.8 Cr. market value against a typical ₹ 971.8 Cr. (1st = largest).12th of 15
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 19 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 10 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 28 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 46 | 56 | 53 | 63 |
| Expenses | 40 | 46 | 46 | 55 |
| Operating Profit | 5 | 10 | 7 | 9 |
| OPM % | 12% | 17% | 13% | 14% |
| Other Income | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 2 | 2 | 2 |
| Profit before tax | 4 | 8 | 6 | 8 |
| Tax % | 27% | 24% | 25% | 27% |
| Net Profit | 3 | 6 | 4 | 6 |
| EPS in Rs | 3.38 | 5.29 | 3.88 | 5.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 22%
- 3 Years
- 6%
- TTM
- 14%
- 10 Years
- 24%
- 5 Years
- 43%
- 3 Years
- 1%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 18%
- 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.
| Royal Arc Electrodes | ₹ 158.00 | ₹ 165 Cr. | 17.4x | 2x | 13% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Bipin Shantilal Sanghvi
- Executive Chairman of the Board, Managing Director
- Hardik Bipin Sanghvi
- Chief Financial Officer, Whole Time Director
- Mansi Maulik Bagadiya
- Company Secretary, Compliance Officer
- Swagat Bipin Sanghvi
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.