Classic Electric

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 does Classic Electric do?

Classic Electricals Ltd manufactures and trades electrical goods and accessories, classified as a Micro Cap company. As of March 2025, it reported no net profit and has a market capitalization in the Micro Cap range.

Overview:<BR>Classic Electricals Ltd is engaged in the manufacturing and trading of electrical goods and accessories, operating within the Trading & Distributors industry and classified as a Micro Cap company.<BR><BR>History:<BR>Classic Electricals Ltd was established and registered in 1985. The latest quarterly results reported are for March 2025, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: Rs Cr (Micro Cap)<BR><BR>Key Metrics:<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 in the management team of Classic Electric?

As of March 2023, 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, including Prashant Manharlal Parekh, Dhanesh Parikh, and Julie Mehul Shah, along with Rupali Dhiman as Company Secretary & Compliance Officer.

As of March 2023, 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>These members play various roles in the governance and management of the company.

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

Who are the peers of the Classic Electric?

No Peers Information Available

how big is Classic Electric?

As of Mar'24, Classic Electricals Ltd has no available market capitalization data and lacks recent consolidated or standalone financial metrics. The standalone balance sheet shows Shareholder's Funds of 11.84 Cr and Total Assets of 12.36 Cr.

As of Mar'24, Classic Electricals Ltd has a market capitalization value that is not available, which means it cannot be classified into any market cap type.<BR><BR>As of Mar'24, there is no valid consolidated or standalone financial data found for the latest four quarters, including Net Sales and Net Profit.<BR><BR>As of Mar'24, the balance sheet snapshot is based on standalone data. The reporting period is the latest annual period, with Shareholder's Funds amounting to 11.84 Cr and Total Assets totaling 12.36 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.

Why is Classic Electricals Ltd falling/rising?

As of 02-Jun, Classic Electricals Ltd's stock price is stable at Rs. 2.71, with a 9.27% return over the past year, outperforming the Sensex. Despite recent erratic trading, positive indicators suggest strong underlying performance and investor confidence.

As of 02-Jun, Classic Electricals Ltd's stock price is currently stable at Rs. 2.71, showing no change (0.00%). Despite this lack of movement in price, the stock has demonstrated a positive performance over the past year, with a return of 9.27%, which is significantly better than the Sensex's decline of 8.26% during the same period. <BR><BR>Today, the stock reached a new 52-week high of Rs. 2.71 and has outperformed its sector by 7.29%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price relative to these averages. <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 contribute to the perception of volatility. The broader market context shows that the BSE Small Cap index has gained by 1.49%, suggesting a favorable environment for small-cap stocks. <BR><BR>Overall, while the stock price remains unchanged today, the positive indicators such as reaching a new high, outperforming the sector, and trading above moving averages suggest a strong underlying performance, which could be contributing to investor confidence in Classic Electricals Ltd.

Which are the latest news on Classic Electric?