Rasi Electrodes

Why is Rasi Electrodes Ltd falling/rising?

As of 08-Jun, Rasi Electrodes Ltd's stock price is 13.04, down 1.14%. The stock has seen a significant year-to-date decline of 11.17% and a 34.04% drop over the past year, indicating ongoing underperformance despite some short-term outperformance relative to its sector.

As of 08-Jun, Rasi Electrodes Ltd's stock price is currently at 13.04, reflecting a decrease of 0.15, or 1.14%. This decline can be attributed to several factors. Over the past week, the stock has decreased by 0.61%, which is a smaller decline compared to the benchmark Sensex, which fell by 1.00%. However, in the longer term, the stock has experienced a significant drop of 11.17% year-to-date and 34.04% over the past year, indicating a broader trend of underperformance.<BR><BR>Today's performance shows that while the stock has outperformed its sector by 3.85%, the overall sector of Electrodes & Welding Equipment has declined by 3.14%. Additionally, the moving averages indicate that the stock is currently higher than its 5-day and 50-day moving averages but lower than its 20-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its short-term momentum.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 10.95% against the 5-day average, the overall liquidity remains stable, allowing for adequate trading activity. However, the persistent downward trend in the stock price, particularly over the longer time frames, suggests that investors may be cautious, contributing to the current decline in price.

Which are the latest news on Rasi Electrodes?

Should I buy, sell or hold Rasi Electrodes Ltd?

Are Rasi Electrodes Ltd latest results good or bad?

Rasi Electrodes Ltd's latest results are largely negative, showing a 13.43% increase in net profit to ₹0.76 crore, but a concerning 8.26% decline in net sales and a low operating margin of 1.89%. The stock has also dropped 42.14% over the past year, indicating significant operational challenges and weak financial performance.

Rasi Electrodes Ltd's latest results present a mixed picture, but overall, they lean towards the negative side. In the fourth quarter of FY26, the company reported a net profit of ₹0.76 crore, which is a positive increase of 13.43% year-on-year. However, this profit growth is overshadowed by a significant decline in net sales, which fell by 8.26% compared to the same quarter last year, totaling ₹18.56 crore.<BR><BR>The operating margin has also collapsed to 1.89%, the lowest in seven quarters, indicating serious operational challenges. This decline in margins suggests that the company is struggling with cost management and competitive pressures. Furthermore, the company's return on equity stands at a modest 9.21%, which is below the levels typically desired by investors in the manufacturing sector.<BR><BR>Additionally, the stock has faced severe pressure, declining 42.14% over the past year, significantly underperforming the broader market. The absence of institutional interest and the overall weak financial performance suggest that Rasi Electrodes is grappling with fundamental issues that may hinder its recovery in the near term.<BR><BR>In summary, while there are some positive aspects, such as profit growth, the overall results indicate that Rasi Electrodes is facing significant challenges, making the latest performance more negative than positive.

Is Rasi Electrodes overvalued or undervalued?

As of November 28, 2025, Rasi Electrodes is considered very attractive due to its undervalued status with a PE ratio of 17.88, an EV to EBITDA of 14.28, and a Price to Book Value of 1.37, making it a more favorable investment compared to peers like Graphite India and HEG, despite a 49.98% stock decline over the past year.

As of 28 November 2025, Rasi Electrodes has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 17.88, an EV to EBITDA of 14.28, and a Price to Book Value of 1.37. In comparison to its peers, Rasi Electrodes stands out as a more favorable investment; for instance, Graphite India has a PE ratio of 44.9, while HEG's PE ratio is 39.51, both indicating that Rasi is significantly cheaper relative to these competitors.<BR><BR>Despite recent stock performance showing a decline of 49.98% over the past year compared to a Sensex return of 8.43%, the company's fundamentals suggest it is a solid investment opportunity. With a PEG ratio of 0.00 and a ROCE of 7.86%, Rasi Electrodes demonstrates potential for growth at a reasonable price, further reinforcing its undervalued status in the current market.

How has been the historical performance of Rasi Electrodes?

Rasi Electrodes has shown fluctuating net sales and profitability, with net sales decreasing from 87.53 Cr in March 2023 to 81.44 Cr in March 2025, while profit after tax fell from 3.20 Cr to 2.74 Cr in the same period. Despite these declines, total assets increased, but cash flow from operations decreased significantly.

Answer:<BR>The historical performance of Rasi Electrodes shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Rasi Electrodes reported net sales of 81.44 Cr in March 2025, a decrease from 83.83 Cr in March 2024 and 87.53 Cr in March 2023, but an increase from 68.38 Cr in March 2022. The total operating income followed a similar trend, peaking at 87.53 Cr in March 2023 before declining to 81.44 Cr in March 2025. The raw material cost remained relatively stable, with a slight increase to 63.44 Cr in March 2025 from 63.06 Cr in March 2024. Operating profit (PBDIT) was reported at 4.59 Cr in March 2025, down from 5.13 Cr in March 2024, while profit before tax was 3.77 Cr in March 2025, a decrease from 4.16 Cr in March 2024. Profit after tax also saw a decline to 2.74 Cr in March 2025 from 3.20 Cr in March 2024. The company's total assets increased to 37.13 Cr in March 2024 from 34.63 Cr in March 2023, while total liabilities rose to 37.13 Cr in March 2024 from 34.63 Cr in March 2023. Cash flow from operating activities was 4.00 Cr in March 2024, down from 7.00 Cr in March 2023, indicating a decrease in operational cash generation. Overall, Rasi Electrodes has experienced fluctuations in sales and profitability, with a notable increase in total assets and a decrease in cash flow from operations in recent years.

How big is Rasi Electrodes?

As of 24th July, Rasi Electrodes Ltd has a market capitalization of 67.00 Cr, with recent net sales of 81.44 Cr and a net profit of 2.73 Cr. The balance sheet for March 2024 shows shareholder's funds of 32.59 Cr and total assets of 37.13 Cr.

As of 24th July, Rasi Electrodes Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Rasi Electrodes reported Net Sales of 81.44 Cr and a Net Profit of 2.73 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 32.59 Cr and Total Assets of 37.13 Cr.

What does Rasi Electrodes do?

Rasi Electrodes Ltd manufactures Mild Steel Electrodes and Copper Coated Welding wire, operating in the Industrial Manufacturing sector. As of March 2025, it reported net sales of ₹202 Cr and a net profit of ₹7 Cr, with a market cap of ₹60 Cr.

Overview:<BR>Rasi Electrodes Ltd is engaged in the manufacturing of Mild Steel Electrodes and Copper Coated Welding wire within the Industrial Manufacturing sector, classified as a Micro Cap company.<BR><BR>History:<BR>Rasi Electrodes Ltd was incorporated in 1994 and transitioned from a Private Limited Company to a Public Limited Company in the same year. The company commenced commercial production of welding electrodes in January 1995. The latest reported quarterly results indicate net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 202 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 7 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 60 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.14 <BR>Return on Equity: 7.91% <BR>Price to Book: 1.76 <BR><BR>Contact Details:<BR>Address: Rams Apartments Flat A-14, 21 Raja Annamalai Road Chennai Tamil Nadu : 600084 <BR>Email: info@rasielectrodes.com <BR>Website: http://www.rasielectrodes.com

Who are the top shareholders of the Rasi Electrodes?

The top shareholders of Rasi Electrodes are B Popatlal Kothari, the main promoter with 15.94%, and B Ranjeet Kothari, the largest public shareholder at 3.18%. Individual investors collectively own 57.08%, with no institutional holdings reported.

The top shareholders of Rasi Electrodes include B Popatlal Kothari, who is the promoter with the highest holding at 15.94%. The highest public shareholder is B Ranjeet Kothari, holding 3.18%. Additionally, individual investors collectively hold a significant portion of 57.08%. There are no institutional holdings from mutual funds or foreign institutional investors.

What is the technical trend for Rasi Electrodes?

As of May 15, 2025, Rasi Electrodes shows a mildly bearish trend with mixed signals from MACD and RSI, while Bollinger Bands and daily moving averages reinforce the negative outlook.

As of 15 May 2025, the technical trend for Rasi Electrodes has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the negative outlook. Daily moving averages are mildly bearish, while the KST indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Dow Theory shows no trend in both weekly and monthly analyses. Overall, the current technical stance is mildly bearish, driven by the bearish Bollinger Bands and mixed MACD signals.

Who are in the management team of Rasi Electrodes?

As of March 2022, the management team of Rasi Electrodes includes B Popatlal Kothari (Managing Director), B Ranjit Kumar Kothari (Chairman), Ajay Goyal, Payal Jain, Jagruti J Jain (Company Secretary), Aashika Kumari, and Hitesh M Dharamshi (all Independent Directors). These individuals are responsible for the company's governance and management.

As of March 2022, the management team of Rasi Electrodes includes the following individuals:<BR><BR>1. B Popatlal Kothari - Managing Director<BR>2. B Ranjit Kumar Kothari - Chairman<BR>3. Ajay Goyal - Independent Director<BR>4. Payal Jain - Director<BR>5. Jagruti J Jain - Company Secretary & Compliance Officer<BR>6. Aashika Kumari - Independent Director<BR>7. Hitesh M Dharamshi - Independent Director<BR><BR>These members play key roles in the governance and management of the company.

When is the next results date for Rasi Electrodes?

No Upcoming Board Meetings

What is the bonus history of the Rasi Electrodes?

Rasi Electrodes issued a 2:5 bonus on December 19, 2007, with a record date of December 20, 2007, meaning shareholders received 2 additional shares for every 5 shares held.

Rasi Electrodes has a bonus history that includes a 2:5 bonus issue announced on December 19, 2007. The record date for this bonus was December 20, 2007. This means that for every 5 shares held, shareholders received 2 additional shares. If you have any more questions about the company or its financial activities, feel free to ask!

Has Rasi Electrodes declared dividend?

Yes, Rasi Electrodes Ltd has declared a 5% dividend, amounting to 0.1 per share, but the dividend yield is 0%. Despite this, the company has shown significant price appreciation over longer periods, with total returns of 283.37% over 4 years and 821.86% over 5 years.

Rasi Electrodes Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.1<BR>- Ex-date: 11 Sep 15<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -41.01%, the dividend return was 0%, resulting in a total return of -41.01%.<BR><BR>For the 1-year period, the price return was -25.09%, the dividend return was 0%, leading to a total return of -25.09%.<BR><BR>Over the 2-year period, the price return was 24.97%, with a dividend return of 0%, resulting in a total return of 24.97%.<BR><BR>In the 3-year period, the price return was 104.75%, the dividend return was 0%, which resulted in a total return of 104.75%.<BR><BR>During the 4-year period, the price return was 283.37%, with a dividend return of 0%, leading to a total return of 283.37%.<BR><BR>For the 5-year period, the price return was 821.86%, the dividend return was 0%, resulting in a total return of 821.86%.<BR><BR>Overall, while Rasi Electrodes has declared a dividend, the dividend yield remains at 0%. The total returns show significant growth over longer periods, particularly in the 4 and 5-year spans, indicating strong price appreciation despite the lack of recent dividends.

Who are the peers of the Rasi Electrodes?

Rasi Electrodes' peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Cranex, Meera Industries, Vruddhi Engineer, and Bombay Metrics. Rasi Electrodes has below average management risk and growth, with a 1-year return of -22.73%, better than Honeywell Auto but lower than its other peers.

Peers: The peers of Rasi Electrodes are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Cranex, Meera Industries, Vruddhi Engineer, Bombay Metrics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Bombay Metrics, while Good management risk is found at Jyoti CNC Auto. and Vruddhi Engineer. Average management risk is noted at Kaynes Tech, LMW, and Jupiter Wagons, while Below Average management risk is present at Rasi Electrodes, Cranex, Meera Industries. For Growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Good growth is noted at Honeywell Auto. and Meera Industries. Below Average growth is found at Rasi Electrodes, Cranex, and LMW. Capital Structure ratings show Excellent at Honeywell Auto. and LMW, Good at Rasi Electrodes and Meera Industries, while Below Average is noted at Cranex and Visaman Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.70%, while the lowest is Honeywell Auto at -26.32%. Rasi Electrodes has a 1-year return of -22.73%, which is higher than Honeywell Auto but lower than the rest. Additionally, the peers with negative six-month returns include LMW, Jupiter Wagons, Cranex, and Meera Industries.