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Rasi Electrodes

  • Market Cap: Micro Cap
  • Industry: Electrodes & Welding Equipment
  • ISIN: INE822D01021
  • NSEID:
  • BSEID: 531233
INR
18.00
0.12 (0.67%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 26.03 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

17.5018.73

52 Week

16.1045.24
Valuation
Technical
Day's Volume

CASH

26.03 k (129.55%) Volume

Shareholding (Jun 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

27.96%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 7.43%

  • Poor long term growth as Net Sales has grown by an annual rate of 12.03% and Operating profit at 19.73% over the last 5 years
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electrodes & Welding Equipment

stock-summary
Market cap

INR 56 Cr (Micro Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.14

stock-summary
Return on Equity

8.78%

stock-summary
Price to Book

1.61

Revenue and Profits (1 Year):
Net Sales:
19 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-52.63%
0%
-52.63%
1 Year
-28.77%
0%
-28.77%
2 Years
30.81%
0%
30.81%
3 Years
96.29%
0%
96.29%
4 Years
311.9%
0%
311.9%
5 Years
800.0%
0%
800.0%

Latest dividend: 0.1 per share ex-dividend date: Sep-11-2015

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
12.03%
EBIT Growth (5y)
19.73%
EBIT to Interest (avg)
2.40
Debt to EBITDA (avg)
1.68
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.07
Tax Ratio
24.25%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.30%
ROE (avg)
7.43%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
29
Price to Book Value
1.61
EV to EBIT
16.44
EV to EBITDA
12.64
EV to Capital Employed
1.71
EV to Sales
0.61
PEG Ratio
3.00
Dividend Yield
NA
ROCE (Latest)
12.55%
ROE (Latest)
8.78%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

B Popatlal Kothari (15.94%)

Highest Public shareholder

B Ranjeet Kothari (3.18%)

Individual Investors Holdings

57.05%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -6.84% vs 0.39% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -77.03% vs 0.00% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "19.33",
          "val2": "20.75",
          "chgp": "-6.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.34",
          "val2": "0.93",
          "chgp": "-63.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.04",
          "val2": "0.06",
          "chgp": "-33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.17",
          "val2": "0.74",
          "chgp": "-77.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.76%",
          "val2": "4.48%",
          "chgp": "-2.72%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 3.82% vs -8.28% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 29.25% vs -6.96% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "41.88",
          "val2": "40.34",
          "chgp": "3.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.57",
          "val2": "2.02",
          "chgp": "27.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.07",
          "val2": "0.09",
          "chgp": "-22.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.90",
          "val2": "1.47",
          "chgp": "29.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.14%",
          "val2": "5.01%",
          "chgp": "1.13%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 0.20% vs -5.51% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -6.33% vs -4.74% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "61.21",
          "val2": "61.09",
          "chgp": "0.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.91",
          "val2": "2.95",
          "chgp": "-1.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.11",
          "val2": "0.15",
          "chgp": "-26.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.07",
          "val2": "2.21",
          "chgp": "-6.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.75%",
          "val2": "4.83%",
          "chgp": "-0.08%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.23% vs 28.01% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 6.31% vs 46.83% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "83.83",
          "val2": "87.53",
          "chgp": "-4.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.08",
          "val2": "3.89",
          "chgp": "4.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.18",
          "val2": "0.46",
          "chgp": "-60.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.20",
          "val2": "3.01",
          "chgp": "6.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.87%",
          "val2": "4.44%",
          "chgp": "0.43%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
19.33
20.75
-6.84%
Operating Profit (PBDIT) excl Other Income
0.34
0.93
-63.44%
Interest
0.04
0.06
-33.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.17
0.74
-77.03%
Operating Profit Margin (Excl OI)
1.76%
4.48%
-2.72%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -6.84% vs 0.39% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -77.03% vs 0.00% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
41.88
40.34
3.82%
Operating Profit (PBDIT) excl Other Income
2.57
2.02
27.23%
Interest
0.07
0.09
-22.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.90
1.47
29.25%
Operating Profit Margin (Excl OI)
6.14%
5.01%
1.13%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 3.82% vs -8.28% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 29.25% vs -6.96% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
61.21
61.09
0.20%
Operating Profit (PBDIT) excl Other Income
2.91
2.95
-1.36%
Interest
0.11
0.15
-26.67%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.07
2.21
-6.33%
Operating Profit Margin (Excl OI)
4.75%
4.83%
-0.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 0.20% vs -5.51% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -6.33% vs -4.74% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
83.83
87.53
-4.23%
Operating Profit (PBDIT) excl Other Income
4.08
3.89
4.88%
Interest
0.18
0.46
-60.87%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.20
3.01
6.31%
Operating Profit Margin (Excl OI)
4.87%
4.44%
0.43%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.23% vs 28.01% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 6.31% vs 46.83% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Rasi Electrodes Ltd stock-summary
stock-summary
Rasi Electrodes Ltd
Micro Cap
Electrodes & Welding Equipment
Rasi Electrodes Ltd was incorporated as a Private Limited Company in 1994 and in the same year, it was converted into a Public Limited Company. Promoters of the Company are B Popatlal Kothari and B Ranjit Kumar Kothari and their Associates. The Company has a factory in Chennai towards manufacture of Mild Steel Electrodes and Copper Coated Welding wire. The company has commenced commercial production of welding electrodes in the month of Jan'95.
Company Coordinates stock-summary
Company Details
Rams Apartments Flat A-14, 21 Raja Annamalai Road Chennai Tamil Nadu : 600084
stock-summary
Tel:
stock-summary
http://www.rasielectrodes.com
stock-summary
info@rasielectrodes.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
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