Classic Electrodes (India)
CLASSICEIL NSE
Classic Electrodes (India)
Industrial ProductsNSE: CLASSICEIL Other Industrial Products
Key Fundamentals
SMEOther Industrial ProductsIndustrial ProductsMarket Cap
₹106 Cr
Volatility
Moderate
P/E Ratio
8.4
EBITDA
₹22.58 Cr
Return on Equity
25.7%
Debt to Equity
0.21
Book Value
₹52.99
52W High
₹113.9
52W Low
₹34.75
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
4- Company has reduced debt.
- Stock is trading at 1.06 times its book value
- Company has delivered good profit growth of 59.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.42%
- Working capital days have increased from 56.9 days to 84.9 days
Growth Rate
Revenue Growth
17.89% higher than
3Y
Net Income Growth
10.09% lower than
3Y
Cash Flow Change
512% higher than
3Y
ROE
17.08% lower than
3Y
ROCE
8.24% higher than
3Y
EBITDA Margin (Avg.)
-14.43% lower than
3Y
Quarterly Results
| Particulars | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 100 | 106 | 100 | 122 | 121 |
| Expenses | 89 | 95 | 89 | 111 | 109 |
| Operating Profit | 11 | 10 | 11 | 11 | 12 |
| OPM % | 11% | 10% | 11% | 9% | 10% |
| Other Income | 2 | 0 | 0 | 1 | 0 |
| Interest | 3 | 2 | 3 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 |
| PBT | 9 | 8 | 7 | 8 | 9 |
| Tax % | 35% | 19% | 25% | 23% | 28% |
| Net Profit | 6 | 6 | 5 | 6 | 6 |
| EPS in Rs | 10.54 | 4.65 | 4.16 | 3.61 | 3.45 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 11m | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 90 | 134 | 151 | 194 | 188 | 206 | 243 |
| Expenses | 78 | 85 | 128 | 142 | 173 | 168 | 184 | 220 |
| Operating Profit | 6 | 5 | 6 | 8 | 21 | 19 | 22 | 23 |
| OPM % | 7% | 5% | 4.4% | 6% | 11% | 10% | 11% | 9% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 4 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| PBT | 2 | 2 | 2 | 3 | 15 | 13 | 15 | 17 |
| Tax % | 25% | 25% | 27% | 25% | 34% | 26% | 22% | 26% |
| Net Profit | 2 | 1 | 1 | 2 | 10 | 10 | 12 | 13 |
| EPS in Rs | 3.35 | 2.33 | 2.75 | 3.94 | 18.11 | 7.25 | 8.81 | 7.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 13 | 13 | 18 |
| Reserves | 14 | 15 | 14 | 16 | 28 | 30 | 32 | 77 |
| Borrowings | 9 | 19 | 39 | 43 | 46 | 54 | 54 | 20 |
| Other Liabilities | 26 | 21 | 16 | 12 | 13 | 19 | 16 | 19 |
| Total Liabilities | 54 | 60 | 75 | 77 | 92 | 116 | 115 | 134 |
| Fixed Assets | 12 | 15 | 13 | 17 | 16 | 17 | 17 | 31 |
| CWIP | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Assets | 41 | 44 | 58 | 60 | 76 | 99 | 98 | 101 |
| Total Assets | 54 | 60 | 75 | 77 | 92 | 116 | 115 | 134 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | 3 | -4 | 8 | 2 | 3 | 1 | 8 | 19 |
| Investing | -1 | -4 | -4 | -2 | -1 | -3 | -11 | -15 |
| Financing | -1 | 8 | -4 | 0 | -2 | 2 | 4 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Free Cash Flow | 1 | -8 | 3 | 0 | 2 | -2 | 4 | 2 |
| CFO/OP | 53 | -72 | 139 | 25 | 18 | 16 | 52 | 81 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 102 | 83 | 75 | 80 | 64 | 96 | 75 | 72 |
| Inventory Days | 54 | 85 | 67 | 58 | 75 | 91 | 86 | 69 |
| Days Payable | 34 | 13 | 33 | 16 | 12 | 33 | 19 | 18 |
| Cash Conversion Cycle | 122 | 155 | 109 | 122 | 127 | 154 | 142 | 122 |
| Working Capital Days | 37 | 77 | 14 | 15 | 35 | 50 | 50 | 85 |
| ROCE % | — | 12% | 10% | 10% | 29% | 22% | 22% | 19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Classic Electrodes (India) insights
51 extracted metrics + investor summaries across FY20–FY26.
Documents
1
Copy of Newspaper Publication
7 Sep - Newspaper ads published for Classic Electrodes' 29th AGM notice, e-voting details and cut-off date. 7 Sep - Newspaper ads published for Classic Electrodes' 29th AGM notice, e-voting details and cut-off date.
2
Shareholders meeting
6 Sep - 29th AGM on 28 Sept 2026; approves financials, director appointment, cost auditor, and ₹50 crore related-party transactions. 6 Sep - 29th AGM on 28 Sept 2026; approves financials, director appointment, cost auditor, and ₹50 crore related-party transactions.
3
Outcome of Board Meeting
5 Sep - Board approved cost auditor, annual report, and AGM on 28 September 2026. 5 Sep - Board approved cost auditor, annual report, and AGM on 28 September 2026.
4
Updates
29 Aug - NSE sought share price movement clarification; company said no material event occurred. 29 Aug - NSE sought share price movement clarification; company said no material event occurred.
5
Price movement
28 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … 28 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
Frequently Asked Questions about Classic Electrodes (India)
What does Classic Electrodes (India) Ltd do?
Established in 1997, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires.[1]
Where is Classic Electrodes (India) Ltd (CLASSICEIL) listed?
Classic Electrodes (India) Ltd trades as CLASSICEIL on the NSE.
Which sector does Classic Electrodes (India) Ltd belong to?
Classic Electrodes (India) Ltd is classified under the Industrial Products sector, in the Other Industrial Products industry.
What is the market capitalisation of Classic Electrodes (India) Ltd?
Classic Electrodes (India) Ltd has a market capitalisation of ₹106.17 Cr, which places it in the Small Cap band.
What is the PE ratio of Classic Electrodes (India) Ltd?
Classic Electrodes (India) Ltd trades at a PE ratio of 8.40, against a book value of ₹52.99 per share.
What is the 52-week high and low of Classic Electrodes (India) Ltd?
Over the last 52 weeks Classic Electrodes (India) Ltd has traded between ₹34.75 and ₹113.9.
What is the Return on Equity (ROE) of Classic Electrodes (India) Ltd?
Classic Electrodes (India) Ltd reported a return on equity of 25.70%. Its debt-to-equity ratio is 0.21.
Company Information
Established in 1997, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires.[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/CLASSICEIL.md for Classic Electrodes (India) Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.