Classic Electric

Why is Classic Electricals Ltd falling/rising?

As of 10-Jun, Classic Electricals Ltd's stock price is stable at Rs. 2.71, with a 9.27% increase over the past year despite recent erratic trading. The stock is performing well against its sector and moving averages, indicating a strong market position.

As of 10-Jun, Classic Electricals Ltd's stock price is currently stable at Rs. 2.71, showing no change (0.00%). Despite this lack of movement today, the stock has demonstrated a positive performance over the past year, with an increase of 9.27%, while the benchmark Sensex has declined by 10.21% during the same period. <BR><BR>Today, the stock reached a new 52-week high of Rs. 2.71 and outperformed its sector by 7.29%. Additionally, Classic Electricals Ltd 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, which may also support Classic Electricals Ltd's price stability. <BR><BR>Overall, while the stock price is currently unchanged, the positive indicators from its performance metrics and market conditions suggest a resilient position in the market.

What does Classic Electric do?

Classic Electricals Ltd manufactures and distributes electrical goods and accessories, operating as a Micro Cap company since its establishment in 1985. As of March 2026, it reported a net profit of 0 Cr and has a market cap of INR 2 Cr.

Overview:<BR>Classic Electricals Ltd is engaged in the manufacturing and distribution of electrical goods and accessories, operating within the Trading & Distributors industry and categorized 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 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 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

Which are the latest news on Classic Electric?

How big is Classic Electric?

As of 10th June, Classic Electricals Ltd has a market capitalization of 2.00 Cr, with recent net sales of 0.00 Cr and a net profit loss of 0.11 Cr over the last four quarters. Shareholder's funds are 11.75 Cr, and total assets amount to 13.08 Cr as of March 2026.

As of 10th June, <BR><BR>Market Cap: Classic Electricals Ltd has a market capitalization of 2.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period is a loss of 0.11 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 11.75 Cr and Total Assets totaling 13.08 Cr.

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!

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

Who are the peers of the Classic Electric?

No Peers Information Available