Classic Electric

Why is Classic Electricals Ltd falling/rising?

As of 01-Sep, the stock price of Classic Electricals Ltd is stable at Rs. 2.71, showing no change (0.00%). Despite this, it has reached a new 52-week high and outperformed its sector by 7.29%, indicating a positive outlook, although erratic trading may impact liquidity.

As of 01-Sep, the stock price of Classic Electricals Ltd is stable at Rs. 2.71, showing no change (0.00%). Despite this stability, the stock has recently reached a new 52-week high, indicating a positive momentum. Additionally, it has outperformed the sector by 7.29% today, which suggests that it is performing better than its peers in the market.<BR><BR>The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bullish trend. Furthermore, the BSE Small Cap index, which includes Classic Electricals Ltd, has gained by 1.49%, reflecting a favorable market environment for small-cap stocks.<BR><BR>However, it is important to note that the stock has experienced erratic trading, having not traded on 5 out of the last 20 days, which may affect liquidity and investor sentiment. Overall, while the stock price remains unchanged today, the recent performance indicators suggest a positive outlook for Classic Electricals Ltd.

Which are the latest news on Classic Electric?

Who are in the management team of Classic Electric?

The management team of Classic Electric includes Rajesh Hirji Shah (Managing Director), Sunil Hirji Shah (Executive Director & CFO), and several independent and non-executive directors: Prashant Manharlal Parekh, Dhanesh Parikh, and Julie Mehul Shah, along with Rupali Dhiman as Company Secretary & Compliance Officer.

The management team of Classic Electric includes the following individuals:<BR><BR>1. **Rajesh Hirji Shah** - Managing Director<BR>2. **Prashant Manharlal Parekh** - Independent Non-Executive Director<BR>3. **Dhanesh Parikh** - Independent Non-Executive Director<BR>4. **Sunil Hirji Shah** - Executive Director & CFO<BR>5. **Julie Mehul Shah** - Non-Executive Director<BR>6. **Rupali Dhiman** - Company Secretary & Compliance Officer<BR><BR>If you need more information about their roles or the company, feel free to ask!

What does Classic Electric do?

Classic Electricals Ltd, established in 1985 in Mumbai, operates in financing and leasing within the Trading & Distributors industry, currently classified as a Micro Cap company with no net profit reported for June 2026. The company has a market cap of INR 2 Cr and key financial metrics indicate no earnings or dividends.

Overview:<BR>Classic Electricals Ltd is engaged in financing and leasing activities within the Trading & Distributors industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Classic Electricals Ltd was established in 1985 in Mumbai. The latest quarterly results reported are for June 2026, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 2 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 14<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 0.00%<BR>Price-to-Book: 0.00<BR><BR>Contact Details:<BR>Address: 1301 13th Flr Peninsula Busine, Tower-B SB Marg Lower Parel(W) Mumbai Maharashtra : 400013<BR>Email: info.roc7412@gmail.com<BR>Website: http://www.classicelectricals.co.in

Who are the peers of the Classic Electric?

Classic Electric's peers are Diksha Greens and TTL Enterprises, both of which share similar management risk and performance issues. Diksha Greens has a 1-year return of -59.74% and a six-month return of -29.01%.

Peers: The peers of Classic Electric are Diksha Greens, TTL Enterprises.<BR><BR>Quality Snapshot: All peers, Diksha Greens and TTL Enterprises, do not qualify for management risk, growth, and capital structure, indicating that they share a similar level of risk and performance issues.<BR><BR>Return Snapshot: Diksha Greens has the lowest 1-year return at -59.74%, while TTL Enterprises has not been specified, but Classic Electric's 1-year return is also not available for comparison. Additionally, Diksha Greens has a negative six-month return of -29.01%.

How big is Classic Electric?

As of 31st August, Classic Electricals Ltd has a market capitalization of 2.00 Cr, categorizing it as a Micro Cap company, with reported Net Sales of 0.00 Cr and a Net Profit of 0.09 Cr in the latest four quarters. The balance sheet for March 2026 shows Shareholder's Funds of 11.75 Cr and Total Assets of 13.08 Cr.

As of 31st August, Classic Electricals Ltd has a market capitalization of 2.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Classic Electricals Ltd reported Net Sales of 0.00 Cr and a Net Profit of 0.09 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 11.75 Cr and Total Assets of 13.08 Cr.

When is the next results date for Classic Electricals Ltd?

The next results date for Classic Electricals Ltd is 29 May 2026.

The next results date for Classic Electricals Ltd is scheduled for 29 May 2026.

How has been the historical performance of the Classic Electric?

Classic Electric has shown steady growth in shareholder's funds, total assets, and reserves from March 2018 to March 2024, but has not reported any profit before tax in the last three years, indicating ongoing operational challenges. Total debt has remained stable, reflecting a cautious approach to leveraging.

Answer:<BR>The historical performance of Classic Electric shows a steady growth in shareholder's funds and total assets over the years, with a notable increase in total reserves. However, the company has not reported any profit before tax in the last three years, indicating challenges in operational profitability.<BR><BR>Breakdown:<BR>From March 2018 to March 2024, Classic Electric's shareholder's funds increased from Rs 7.21 crore to Rs 11.84 crore, reflecting a consistent upward trend. Total reserves also grew from Rs 5.73 crore in March 2018 to Rs 10.35 crore in March 2024. Total assets rose from Rs 7.42 crore to Rs 12.36 crore during the same period, indicating an overall strengthening of the company's financial position. Despite these positive trends in equity and assets, the company reported zero profit before tax from March 2022 to March 2024, which highlights ongoing operational challenges. Additionally, total debt remained relatively stable, with a slight increase from Rs 0.14 crore in March 2018 to Rs 0.54 crore in March 2024, suggesting a cautious approach to leveraging. Overall, while Classic Electric has improved its financial foundation, it faces significant hurdles in achieving profitability.

Who are the top shareholders of the Classic Electric?

The top shareholders of Classic Electric include Jadavji Lalji Shah with 11.12%, Classic Electricals Limited Escrow Demat at 21.51%, and individual investors holding 4.93%. There are currently no mutual funds or foreign institutional investors involved.

The top shareholders of Classic Electric include Jadavji Lalji Shah, who is the promoter with the highest holding at 11.12%. Additionally, the highest public shareholder is Classic Electricals Limited Escrow Demat, which holds 21.51%. Individual investors collectively hold 4.93% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Classic Electric.

What is the bonus history of the Classic Electric?

Classic Electric has announced a 5:1 bonus issue effective October 4, 2024, meaning shareholders will receive five additional shares for each share held. The record and ex-date for this bonus is also October 4, 2024.

Classic Electric has a recent bonus history that includes a 5:1 bonus issue, which is set to take effect on October 4, 2024. This means that for every one share held, shareholders will receive five additional shares. The record date and ex-date for this bonus are both the same, October 4, 2024. If you have any more questions about Classic Electric or its financial activities, feel free to ask!

Has Classic Electric declared dividend?

No Dividend History Available