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Rasi Electrodes Ltd

NSE: BSE: 531233

₹11.36

(-0.09%)

Wed, 25 Mar 2026, 04:13 am

Rasi Electrodes Share Price Live Chart

1 Day

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Summary

  • Market Cap

    35.58

  • Net Profit

    2.74

  • P/B

    1.47

  • Sector P/E

    34.41

  • P/E

    18.97

  • EV/EBITDA

    10.42

  • Debt/Equity (Industry)

    0.24

  • Interest Cover (Industry)

    11.02

  • ROCE (Industry)

    22.62

  • RONW (Industry)

    19.04

  • ROE

    8.08

  • ROCE

    10.82

  • Debt/Equity

    0.03

  • EPS (TTM)

    1.10

  • Dividend Yield

    0

  • Book Value

    11.97

  • Interest Cover

    27.93

Analysis

all

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Pros

  • Rasi Electrodes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rasi Electrodes is profitable, therefore cash runway is not a concern.
  • Rasi Electrodes is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (37.3%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 5.8x debt.
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Cons

  • Unable to calculate sustainability of dividends as Rasi Electrodes has not reported any payouts.
  • Unable to evaluate Rasi Electrodes's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rasi Electrodes's dividend against the top 25% market benchmark as the company has not reported any payouts.
  • High level of physical assets or inventory.
  • Rasi Electrodes is not covered by any analysts.

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Financials

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Ratios

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Shareholding

ShareholdersDEC 2025SEPT 2025JUN 2025MAR 2025DEC 2024
Promoters27.9627.9627.9627.9627.96
FII00000
DII00000
Public72.0472.0472.0472.0472.04
Government00000

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Technical Analysis

RSI

28.69

MACD

-0.62

50 DMA

13.31

200 DMA

16.75

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic17.3415.5414.4813.7412.6811.9410.14
Fibonacci15.5414.8514.4313.7413.0512.6311.94
Camarilla13.9213.7513.5913.7413.2513.0912.92

Pivots Level: Classic

R3

+3.60

17.34

R2

+1.80

15.54

R1

+0.74

14.48

13.74
13.74
Pivot Point
LTP: 11.43

S1

-1.06

12.68

S2

-1.80

11.94

S3

-3.60

10.14

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    11.75

  • 20-EMA

    12.24

  • 30-EMA

    12.62

  • 50-EMA

    13.23

  • 100-EMA

    14.49

  • 200-EMA

    16.70

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Corporate Actions

Announcement DatePurposeActionEx Date
14 Feb 2026board-meetingsQuarterly Results, Postal Ballot, Change in Other Executives
08 Aug 2025agm
19 Aug 2024agm
30 Aug 2023agm
16 Aug 2022agm
17 Aug 2021agm
30 May 2016dividend₹0.10 Dividend /Share16 Sept 2016
12 Apr 2015splitStock Split From Rs.10 to Rs.212 May 2015
20 Nov 2007bonusBonus issue 2:520 Dec 2007

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Peer Comparison

Rasi Electrodes Ltd logo

Rasi Electrodes Ltd

Tube Investments of India Ltd logo

Tube Investments of India Ltd

Kirloskar Oil Engines Ltd logo

Kirloskar Oil Engines Ltd

APL Apollo Tubes Ltd logo

APL Apollo Tubes Ltd

Cummins India Ltd logo

Cummins India Ltd

Welspun Corp Ltd logo

Welspun Corp Ltd

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Rasi Electrodes Ltd About

Rasi Electrodes is manufacture of Mild Steel Electrodes and Copper Coated Welding wire.

Industry

Electrodes - Welding Equipment

Founded

1994

Headquarters

CEO

B Ranjit Kumar Kothari

Employees

Contact

Website icon

Website

http://www.rasielectrodes.com

Email icon

Email

info@rasielectrodes.com

Phone icon

Phone

Location icon

Location

Rams Apartments Flat A-14, 21 Raja Annamalai Road, Chennai, Tamil Nadu, 600084

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Rasi Electrodes Ltd Company History

YearHistory
2011
  • The Company recommended a dividend of Re. 0.50 per equity shares.
2012
  • The Company recommended a dividend of Re. 0.50 per equity shares.
2013
  • The company recommended a dividend of Re. 0.50 per share, which is 5% on the paid-up value.
2014
  • Rasi Electrodes increased the capacity of manufacturing Copper Coated Mild Steel Welding Wire from 1500 mts to 5400 mts in a phased manner.
2015
  • Rasi Electrodes Ltd has approved list of BHEL, as supplier for E7018 type electrodes.
  • Rasi Electrodes diversifies into development of wire drawing business for various industrial applications.
  • Rasi Electrodes Ltd has split its face value of shares from Rs. 10 to Rs. 2.

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Deals

Client NameOrder SideQTYAvg PriceDate
AMITMAURYASell15232942.7126 Aug 2024
AMITMAURYABuy16301440.5726 Aug 2024
SUDHIRKUMARSell22002124.0910 Oct 2023
SUDHIRKUMARBuy22002124.1410 Oct 2023
HARMINDER SINGH SANDHU (HUF)Buy22006223.9910 Oct 2023
HARMINDER SINGH SANDHU (HUF)Sell22006224.2110 Oct 2023
MANIDEEP GOPAVARAPUSell218.8527 Sept 2023
MANIDEEP GOPAVARAPUBuy29022418.6427 Sept 2023
VENKATA RAMANAREDDY SALASANIBuy1751009.3325 Nov 2021
AMIT DUJARISell2489137.7112 Jan 2018

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Rasi Electrodes Ltd News

RASI Electrodes Conducts Director Familiarisation Program

RASI Electrodes Limited conducted a familiarisation program for Independent Directors on February 13, 2025, covering business operations, regulatory compliance, and industry developments under SEBI regulations.

14 Feb 2026

stocks

Rajsi Electrodes Board Approves Q3FY26 Results

Rajsi Electrodes Limited board meeting held on February 14, 2026 approved unaudited financial results for Q3FY26 and appointed secretarial auditor. Board also approved postal ballot for related party arrangements.

14 Feb 2026

co actions results

Rasi Electrodes Board Meet Set for Feb 14, 2026

Rasi Electrodes Limited has scheduled a board meeting for February 14, 2026, to consider Q3FY26 unaudited financial results and approve related party transactions including solar power supply arrangements.

02 Feb 2026

co actions results

Rasi Electrodes Reports 5.5% Decline in Quarterly Net Profit to Rs 75.90 Lakhs

Rasi Electrodes Limited reported a net profit of Rs 75.90 lakhs for the quarter ended September 30, 2025, compared to Rs 80.29 lakhs in the same quarter last year. Total revenue decreased to Rs 1,726.82 lakhs from Rs 2,092.70 lakhs year-over-year. Revenue from operations stood at Rs 1,689.35 lakhs with other income of Rs 37.47 lakhs. The company's primary business segment is welding electrodes and CCMS wire manufacturing. Cost of materials consumed was Rs 1,207.62 lakhs. The company also operates a small trading business in groceries and staples, generating Rs 3.38 lakhs in turnover during the quarter. Earnings per share remained at Rs 0.24. The board meeting was held on October 27, 2025, where the unaudited financial results were approved after review by the audit committee.

27 Oct 2025

earnings

Rasi Electrodes Reports 15% Profit Growth in Latest Quarter, No Dividend Declared

Rasi Electrodes Limited approved unaudited financial results for the quarter ended June 30, 2025, showing net profit of Rs 125.73 lakhs compared to Rs 109.34 lakhs in the same quarter last year. Revenue from operations declined to Rs 1,942.41 lakhs from Rs 2,125.02 lakhs year-over-year. The company scheduled its 31st Annual General Meeting for September 29, 2025, with no dividend proposed. The Board authorized Managing Director B Popatlal Kothari to invest surplus funds up to Rs 15 crores in various instruments and provide loans up to Rs 5 crores to non-related entities. Non-Independent Director B Ranjit Kumar Kothari will seek re-election at the AGM. The company operates primarily in welding electrodes and CCMS wire manufacturing, with a small trading business in groceries generating Rs 3.93 lakhs during the quarter.

08 Aug 2025

earnings

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800