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Rasi Electrodes Limited

Rasi Electrodes Limited

BBSE:RASIELEC
13.08
INR
+0.15
(+1.16%)
1.18EPS
10.75P/E
394.42MMarket Cap
Rasi Electrodes Limited
BSE:RASIELEC
(Bombay Stock Exchange)

Recent

price

13.08

P/E

ratio

10.75

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
8.85
10.47
9.73
8.67
7.54
7.33
8.51
10.51
14.42
13.39
11.06
21.05
27.95
26.69
25.58
23.56
23.03
Revenue per Share
0.58
0.82
0.39
0.24
0.3
0.32
0.27
0.26
0.31
0.15
0.38
0.63
0.96
1.02
0.86
1.15
1.18
Basic EPS, GAAP
0.15
0.07
-0.03
0.9
-2.15
-0.57
-0.27
-0.24
-0.09
0.94
-0.7
-1.36
2.04
1.09
1.27
1.98
- -
Free Cash Flow per Basic Share
0.12
0.12
0.12
0.12
- -
0.11
0.12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.46
4.17
4.61
4.87
6.41
6.49
6.75
7.02
7.33
7.48
7.86
8.49
9.45
10.47
11.33
12.48
- -
Book Value per Share
3.46
4.17
4.61
4.87
6.41
6.49
6.75
7.02
7.33
7.48
7.86
8.49
9.45
10.47
11.33
12.48
- -
Tangible Book Value per Share
24
24
24
24
31
31
32
33
33
34
36
32
31
31
32
31
30
Basic Weighted Avg Shares
211
249
231
206
233
231
268
342
474
460
394
684
875
838
814
720
702
Sales/Revenue/Turnover
11.05
10.21
8.36
5.9
5.65
9.96
4.97
2.81
4.44
4.55
4.22
3.29
3.86
4.07
4.08
5.21
4.57
Operating Margin (%)
2
3
4
4
6
8
8
7
8
9
7
7
7
8
7
6
6
Depreciation Expense
14
19
9
6
9
10
9
8
10
5
14
20
30
32
27
35
36
Net Income, GAAP
33.94
27.97
31.02
32.54
- -
40.6
39.82
- -
42.42
34.33
32.72
26.56
27.92
22.95
27.34
26.52
26.47
Effective Tax Rate (%)
6.53
7.81
3.97
2.72
4.03
4.36
3.17
2.47
2.15
1.12
3.44
2.99
3.43
3.82
3.36
4.88
5.12
Profit Margin (%)
62
77
77
83
135
142
155
162
163
166
188
211
237
265
297
333
- -
Working Capital
39
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
82
99
110
121
197
202
210
218
228
233
245
264
294
326
353
389
- -
Total Equity
11.84
14.96
8.71
5.09
- -
5.48
3.14
- -
3.94
1.29
3.83
4.4
6.75
7.91
6.64
6.11
- -
Return on Invested Capital (%)
10.59
12.7
5.96
5.86
- -
4.96
4.4
- -
4.9
2.93
5.61
6.97
9.68
9.91
7.95
9.42
- -
Return on Capital (%)
17.89
21.44
8.78
4.86
5.9
5.04
4.13
3.95
4.57
2.23
5.68
8.04
10.76
10.33
8.07
9.49
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
457
312
394

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
348
- -
Cash, Cash Equivalents & STI
- -
134
- -
Accounts Receivable, Net
- -
114
- -
Inventories
- -
62
- -
Total Current Liabilities
- -
14
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.81%
9.7%
10.16%
Free Cash Flow
-161.08%
-29.1%
49.92%
Net Income, GAAP
23.66%
23.67%
28.42%
Sales/Revenue/Turnover
14.78%
16.54%
-11.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
213
206
193
202
814
2026
194
168
173
186
720
2027
176
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.35
0.26
0.05
0.2
0.86
2026
0.4
0.24
0.23
0.28
1.15
2027
0.43
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Rasi Electrodes Limited manufactures and markets welding consumables under the RASI brand for heavy and light engineering industries in India. Incorporated in 1994 and headquartered in Chennai, Tamil Nadu, the company, registered under the MSME category, produces arc welding electrodes including cast iron, cutting and gouging, general purpose mild steel, hard surfacing, low hydrogen and creep resistance, non-ferrous, pipe welding, and stainless steel varieties; copper coated mild steel wires, low alloy high tensile wires, stainless steel wires, and zero-copper mild steel welding wires; aluminum and brazing filler wires, mild steel and low alloy filler wires, stainless steel filler wires; submerged arc welding wires and flux; tungsten rods containing 99.50% tungsten; natural rutile ore; grinding and cutting wheels; flux-cored wires for semi-automatic and automatic welding; carbon steel and hard facing flux; stainless steel flux; metal cored wires; low alloy high tensile products; low heat input welding alloys for cast iron, copper, non-ferrous alloys, cutting and gouging, dissimilar steels, nickel and nickel alloys, stainless steels, hard facing, and wear resistance; and welding accessories such as angle grinders, cutting machines, arc and MIG welding machines, plasma cutting machines, and TIG welding machines. It supplies these products to public sector undertakings, private sector engineering conglomerates, and original equipment manufacturers primarily from its manufacturing facility in Redhills, Chennai. Recent developments include the launch of the SILVER-ARC series of stainless steel welding products and zero-copper non-coated welding wires, alongside ICRA's reaffirmation of credit ratings for long-term and short-term borrowings, the 31st annual general meeting held on September 29, 2025, and audited financial results for the year ended March 31, 2025, showing revenue of Rs 81.44 crore and profit after tax of Rs 2.74 crore.