Rasi Electrodes Ltd.
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6.06 +0.17 ▲2.9%

30 July 2021, 04:00:00 P.M.
Volume: 20,181

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electrodes & Welding Equipment Compare with Industry peers
Website http://www.rasielectrodes.com
Financial Indicators
Market Cap 18.71 Cr.
Earnings per share (EPS) 0.44 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 13.81 Trailing Twelve Months Ending 2021-03
Industry PE 587.98 Trailing Twelve Months Ending 2021-03
Book Value / Share 7.86 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.76 Calculated using Price: 6.01
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.11 Cr. 31,130,500 Shares
FaceValue 2
Company Profile

Rasi Electrodes Ltd came into being in the year 1994 and started commercial production for MMAW/SMAW electrodes in end of December 1994, under the brand name of Rasi. With well equipped plant & machineries, Laboratory and qualified cum experienced staff to produce Quality Products.

The company was incorporated for manufacturing of MMAW electrodes & marketing of welding consumables under the brand name of Rasi with well equipped plant & machineries, Laboratory and qualified cum experienced staff to produce Quality Products.

From the beginning the company has strived to offer its customers quality in its products, such as Mild Steel, Low Hydrogen, Hard Facing, Stainless Steel, Cast Iron, Cutting and Gouging electrodes and Low Heat Input Welding Alloys (Repair and Maintenance Electrodes)

The electrodes manufacturing, testing machinery and equipments are procured keeping in mind their capability to produce stringent quality products of desired quality meeting not only national and international standards but also meeting specific customer quality requirements.

Their technical service staff helps the customers in studying the welding applications, selection of appropriate electrodes and the procedures, training of welding personal with the aim of achieving customer satisfaction.

They offer a complete range of welding Solutions.

Product range of the company includes:

Conventional

  • Mild Steel
  • Pipe Welding
  • Low Hydrogen
  • Stainless Steel
  • Cast Iron
  • Hard Facing
  • Cutting & Gouging

Low Heat Input Welding Alloys

  • For Steels
  • For Disimilar Steels
  • For Cast Iron
  • For Stainless Steels
  • For Copper & Non Ferrous Alloys
  • For Nickel & Nickel Alloys
  • For HardSurfacing & Wear Resistant
  • For Cutting & Gouging

CCMS Wires

MIG/TIG Wires

Flux Cored Wires

SAW Wires & Flux

Welding Rectifier

Welding Transformer

Silver Brazing Wires

MIG/MAG Machines

Achievements/ recognition:

Certification:

  • Det Norske Veritas Management System Certificate.ISO 9001:2000
  • Det Norske Veritas Type Approval Certificate.
  • BHEL - Bharat Heavy Electricals Limited – Trichy.
  • Directorate General of Quality Assurance Controllerate of Quality Assurance (Metals)
  • Indian Register of Shipping.
  • Bureau Veritas.
  • Engineers India Limited.
  • IBR.
  • DGS&D.
  • Bureau of Indian Standrds (ISI).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.89%
1 Week
+0.83%
1 Month
-3.04%
3 Month
+48.89%
6 Month
+92.38%
1 Year
+153.56%
2 Year
+79.29%
5 Year
-29.94%

Ratios View Details

9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 21.44 8.95 5.00 6.21 5.16 4.09 3.95 4.57 2.23
Return on Capital Employed (%) 25.21 13.54 8.99 9.81 8.49 7.40 5.87 8.79 4.61
Return on Assets (%) 12.76 5.27 3.17 4.40 3.80 3.09 2.99 3.40 1.74

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 10 11 12 20 21 21 22 23 23
Non Curr. Liab. 0 0 0 0 0 1 0 0 0
Curr. Liab. 7 7 5 5 7 6 7 8 5
Minority Int.
Equity & Liab. 17 18 17 25 28 27 29 31 28
Non Curr. Assets 2 3 4 6 7 6 6 7 7
Curr. Assets 14 15 14 19 20 21 23 24 21
Misc. Exp. not W/O
Total Assets 17 18 17 25 28 27 29 31 28

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 25 23 21 23 23 27 34 47 46
Other Income 1 0 0 1 1 1 1 1 1
Total Income 26 23 21 24 24 27 35 48 47
Total Expenditure -22 -21 -19 -21 -21 -25 -33 -45 -45
PBIDT 4 2 2 3 3 3 2 3 2
Interest -1 -1 -1 0 0 0 -1 -1 0
Depreciation 0 0 0 -1 -1 -1 -1 -1 -1
Taxation -1 0 0 -1 -1 -1 0 -1 0
Exceptional Items
PAT 2 1 1 1 1 1 1 1 1

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 1 3 -3 0 -1 0 2 4
Cash Fr. Inv. 0 -1 -1 -3 -1 0 0 -1 -1
Cash Fr. Finan. 0 0 -1 6 2 -1 0 0 -4
Net Change 1 1 0 0 -2 0 0 0
Cash & Cash Eqvt 2 2 3 3 3 1 1 1 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96 27.96
Public 72.04 72.04 72.04 72.04 72.04 72.04 72.04 72.04 72.04
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Related Party Transactions FHYE 31.03.2021
Related Party Transactions FHYE 31.03.2021
Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
Rasi Electrodes Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- B POPATLAL KOTHARI
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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