Rasi Electrodes Ltd.
Snapshot View

9.20 +0.68 ▲8.0%

27 May 2022, 04:01:00 PM
Volume: 37,885

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electrodes & Welding Equipment Compare with Industry peers
Website http://www.rasielectrodes.com
Market Cap 28.55 Cr.
Enterprise Value(EV) 33.01 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 0.56 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 16.36 Trailing Twelve Months Ending 2021-12
Industry PE 17.75 Trailing Twelve Months Ending 2021-12
Book Value / Share 8.38 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.09 Calculated using Price: 9.17
Dividend Yield 0.00 Period Ending 2021-03
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
+7.98%
1 Week
-5.06%
1 Month
+14.43%
3 Month
+15.58%
6 Month
+8.36%
1 Year
+108.14%
2 Year
+348.78%
5 Year
+42.64%
10 Year
+124.39%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 8.95 5.00 6.21 5.16 4.09 3.95 4.57 2.23 5.68
Return on Capital Employed (%) 13.54 8.99 9.81 8.49 7.40 5.87 8.79 4.61 8.56
Return on Assets (%) 5.27 3.17 4.40 3.80 3.09 2.99 3.40 1.74 4.44

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 11 12 20 21 21 22 23 23 24 26
Non Curr. Liab. 0 0 0 0 1 0 0 0 1 1
Curr. Liab. 7 5 5 7 6 7 8 5 7 7
Minority Int.
Equity & Liab. 18 17 25 28 27 29 31 28 33 34
Non Curr. Assets 3 4 6 7 6 6 7 7 6 6
Curr. Assets 15 14 19 20 21 23 24 21 26 27
Misc. Exp. not W/O
Total Assets 18 17 25 28 27 29 31 28 33 34

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 23 21 23 23 27 34 47 46 39 62
Other Income 0 0 1 1 1 1 1 1 1 1
Total Income 23 21 24 24 27 35 48 47 40 63
Total Expenditure -21 -19 -21 -21 -25 -33 -45 -45 -37 -59
PBIDT 2 2 3 3 3 2 3 2 3 4
Interest -1 -1 0 0 0 -1 -1 0 0 0
Depreciation 0 0 -1 -1 -1 -1 -1 -1 -1 -1
Taxation 0 0 -1 -1 -1 0 -1 0 -1 -1
Exceptional Items
PAT 1 1 1 1 1 1 1 1 1 2
Adjusted EPS 0 0 0 0 0 0 0 0 0 1

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1 1 3 -3 0 -1 0 2 4 -2
Cash Fr. Inv. 0 -1 -1 -3 -1 0 0 -1 -1 0
Cash Fr. Finan. 0 0 -1 6 2 -1 0 0 -4 3
Net Change 1 1 0 0 -2 0 0 0 1
Cash & Cash Eqvt 2 2 3 3 3 1 1 1 1 1

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
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, 16 May 2022
Board Meeting Intimation for To Approve The Financial Statements For The Year Ended 31St March 2022 And Audited Financial Results For The Quarter And Year Ended 31ST MARCH 2022 Directors' Report Etc. And Matters Incidental Thereto.
RASI ELECTRODES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve To approve the Financial Statements for the year ended 31st March 2022 and Audited Financial Results for the quarter and year ended 31ST MARCH 2022 Directors report etc. and matters incidental thereto.
Fri, 22 Apr 2022
Compliance Certificate Issued By RTA And CS FHYE 31.3.2022
Compliance Certificate issued by RTA and CS FHYE 31.3.2022
Mon, 18 Apr 2022
Compliance Certificate Issued By PCS FHYE 31.3.2022
Compliance Certificate issued by PCS FHYE 31.3.2022

Technical Scans View Details

Fri, 27 May 2022
High Delivery Percentage High Delivery Percentage
High Increase 1 Month High Increase 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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