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Rasi Electrodes Ltd.

RASIELEC BSE Tools & Accessories Industrials

Rasi Electrodes Limited manufactures and markets welding electrodes and consumables under the RASI brand in India. The company offers low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting aโ€ฆ

ISIN INE822D01021
Listed โ€”
Quarters tracked 13
Filings 19 docs

About

Rasi Electrodes Limited manufactures and markets welding electrodes and consumables under the RASI brand in India. The company offers low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, nickel and nickel alloys, hard facing and wear resistance, dissimilar and stainless steels, and steel; metal inert gas wires, such as copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; and tungsten inert gas wires, including aluminum, brazing, and stainless-steel filler, as well as mild steel and low alloy wires. It also provides submerged arc welding wires and welding flux; welding electrodes comprising cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, and stainless-steel welding electrodes; and tungsten rods. In addition, the company offers natural rutile ores; grinding and cutting wheels; and carbon steel, stainless steel, and hard facing flux cored wires, as well as metal cored wires, and low alloy high tensile. Further, it provides stick welding electrodes; welding equipment, which include transformers, rectifiers, and MIG, MAG, TIG, and multi-function machines; and power tools and equipment. The company serves public sector undertakings, larger private sector engineering conglomerates, and other original equipment manufacturers. Rasi Electrodes Limited was incorporated in 1994 and is based in Chennai, India.

Key Metrics

as of Sep 2026
Market Cap39 Cr
P/E10.80
Div Yield1.62 %
Book Valueโ‚น12.50
52w Highโ‚น21.00
52w Lowโ‚น9.27
Face Valueโ‚น2.00

Quarterly Results

Rs. Crores ยท hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023
Sales 17.64 18.56 17.25 16.78 19.42 20.23 19.33 20.63 21.25 22.74 20.75 21.55 18.80
Expenses 16.03 18.21 16.20 16.01 17.97 19.42 19.00 19.39 19.93 21.62 19.83 20.20 18.13
Operating Profit 1.61 0.35 1.05 0.77 1.45 0.81 0.33 1.24 1.32 1.12 0.92 1.35 0.67
OPM % 9.13 1.89 6.09 4.59 7.47 4.00 1.71 6.01 6.21 4.93 4.43 6.26 3.56
Other Income 0.30 0.78 0.15 0.49 0.37 0.26 0.25 0.29 0.07 0.44 0.28 0.06 0.27
Depreciation 0.20 -0.02 0.20 0.20 0.20 0.08 0.20 0.20 0.20 0.33 0.15 0.15 0.15
Interest 0.00 0.03 0.00 0.00 0.01 0.03 0.04 0.02 0.04 0.03 0.06 0.01 0.07
Profit before tax 1.71 1.12 1.00 1.06 1.61 0.96 0.34 1.31 1.15 1.20 0.99 1.25 0.72
Tax % 22.22 33.04 26.00 27.36 21.74 31.25 47.06 38.17 5.22 19.17 25.25 24.80 22.22
Net Profit 1.33 0.76 0.74 0.76 1.26 0.67 0.17 0.80 1.09 0.97 0.74 0.93 0.56
EPS in Rs 0.43 0.24 0.24 0.24 0.40 0.22 0.05 0.26 0.35 0.31 0.24 0.30 0.18

Profit & Loss

Annual ยท Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Sales 72.0281.4483.8387.5368.3839.4545.9647.4334.2426.8423.0823.29
Expenses 68.3977.6779.7683.6465.6337.1744.5544.7032.6324.6820.8921.31
Operating Profit 3.633.774.073.892.752.281.412.731.612.162.191.98
OPM % 5.044.634.864.444.025.783.075.764.708.059.498.50
Other Income 1.790.811.051.421.170.850.710.540.620.570.690.55
Interest 0.050.140.180.460.460.370.460.680.710.490.380.44
Depreciation 0.580.680.780.680.680.750.880.820.680.820.800.60
Profit before tax 4.793.764.164.172.782.010.781.770.841.421.701.49
Tax % 26.5127.3922.8428.0626.6232.8434.6242.37-1.1940.1440.5936.91
Net Profit 3.522.743.203.012.051.360.511.020.850.851.010.94
EPS in Rs 1.130.881.030.970.660.440.160.330.270.270.320.31
Dividend Payout % 17.700.000.000.000.000.000.000.000.0036.6530.8432.77

Balance Sheet

Annual ยท Rs. Crores โ€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Equity Capital 6.236.236.236.236.236.236.236.236.236.236.236.16
Reserves 32.6329.0426.3623.2020.2118.2417.0516.5815.6114.8014.4413.58
Borrowings 0.101.041.303.189.565.472.465.665.474.475.343.17
Other Liabilities 2.252.823.422.022.292.722.832.472.151.911.752.36
Total Liabilities 41.2139.1337.3134.6338.2932.6628.5730.9429.4627.4127.7625.27
Fixed Assets 5.966.486.886.746.296.477.126.875.855.996.506.29
CWIP 0.330.000.000.000.010.000.040.000.000.040.000.13
Investments 2.352.090.750.510.540.320.210.440.470.760.790.02
Other Assets 32.5730.5629.6827.3831.4525.8721.2023.6323.1420.6220.4718.83
Total Assets 41.2139.1337.3134.6338.2932.6628.5730.9429.4627.4127.7625.27

Cash Flows

Annual ยท Rs. Crores โ€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Cash from Operating Activity 6.434.574.407.50-3.90-2.424.381.54-0.25-0.500.02-3.25
Cash from Investing Activity 0.45-1.10-0.58-0.85-0.340.39-0.81-1.430.20-0.36-1.34-2.83
Cash from Financing Activity -0.99-0.40-2.06-6.843.632.63-3.66-0.490.29-1.381.635.98
Net Cash Flow 5.893.071.76-0.18-0.610.60-0.09-0.380.25-2.240.31-0.09
Free Cash Flow 6.044.233.546.38-4.42-2.423.22-0.30-0.74-0.85-1.00-6.59
CFO/OP % 212.00149.00136.00222.00-116.00-86.00330.0080.004.001.0016.00-164.00

Ratios

Annual ยท Days / % โ€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Debtor Days 57.7263.4662.8760.4281.19110.1980.2179.96100.63108.5298.6898.42
Inventory Days 40.9743.1142.0148.1674.58103.0769.4864.6276.68104.14109.5083.30
Days Payable 1.132.275.390.100.908.6514.1113.0512.718.803.8316.11
Cash Conversion Cycle 97.57104.3099.49108.48154.87204.61135.57131.53164.60203.87204.35165.61
Working Capital Days 113.02100.48103.2395.12106.70160.80125.80117.74157.45190.80169.53170.20
ROCE % 12.8610.8512.8413.509.588.194.659.005.197.428.549.61

Shareholding Pattern

% holding โ€” latest first
Holder Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023
Promoters 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96
Public 72.05 72.05 72.05 72.05 72.05 72.04 72.05 72.05 72.04 72.05 72.04 72.04
No. of Shareholders 16,099 16,298 16,885 17,488 18,110 18,611 19,029 19,204 15,383 14,596 9,440 7,162

Corporate Actions

10 records
ActionEx DateRecord DateRatioAmount (โ‚น)Notes
Dividend 11 Sep 2015 โ€” โ€” 0.10
Split 11 May 2015 12 May 2015 10:2 โ€”
Dividend 16 Sep 2013 โ€” โ€” 0.50
Dividend 07 Sep 2012 โ€” โ€” 0.50
Dividend 13 Sep 2011 โ€” โ€” 0.50
Dividend 13 Sep 2010 โ€” โ€” 0.50
Dividend 08 Sep 2009 โ€” โ€” 0.40
Dividend 08 Sep 2008 โ€” โ€” 0.50
Bonus 19 Dec 2007 20 Dec 2007 2:5 โ€”
Dividend 10 Sep 2007 โ€” โ€” 0.50

Announcements

5 filings