Rasi Electrodes Ltd Stock Analysis

BSE: 531233 | NSE: | Electrodes & Welding Equipment | Small Cap

BSE Share Price 06-Dec-2022 18:01
16.25 0.75 (4.84%)

DeciZen - Make an Informed Decision on Rasi Electrodes

M-Cap below 100cr DeciZen not available

Rasi Electrodes Price Chart

P/E Ratio (SA) :
19.22
Market Cap :
48.3 Cr.
52-wk low :
7.1
52-wk high :
19.3
Bole Toh?

1. Is Rasi Electrodes Ltd a good quality company?

Data is not available for this company.

2. Is Rasi Electrodes Ltd undervalued or overvalued?

The key valuation ratios of Rasi Electrodes Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Rasi Electrodes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rasi Electrodes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rasi Electrodes:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.3%6.1%6.2%5.4%4.6%5.3%5.4%3.5%5.5%7.2%-
Value Creation Index -0.3-0.6-0.6-0.6-0.7-0.6-0.6-0.8-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23.120.623.323.126.834.247.44639.568.483
YoY Gr. Rt. %--10.7%12.8%-0.9%16.3%27.6%38.5%-3.1%-14.2%73.3%-
Adj EPS 0.40.20.30.30.30.30.30.20.40.70.8
YoY Gr. Rt. %--42.1%31.8%13.8%-18.2%7.4%13.8%-39.4%100%65%-
BVPS (₹) 4.44.866.66.877.37.57.98.59
Adj Net Profit 0.90.60.910.90.910.61.32.13
Cash Flow from Ops. 1.43-3.30-0.5-0.31.54.4-2.4-3.9-
Debt/CF from Ops. 3.71.4-1333.8-8.9-22.13.70.6-2.3-2.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%20.6%13%73.3%
Adj EPS 6.3%19.6%26%65%
BVPS 7.54.758
Share Price 6.7% 27.5% 85.9% 105.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 8.74.85.65.24.14.24.62.75.38.19.3
Op. Profit Mgn % 9.87.38.59.57.94.75.83.15.843.9
Net Profit Mgn % 3.92.73.94.53.22.72.21.43.233.1
Debt to Equity 0.50.40.20.30.20.30.30.10.20.40
Working Cap Days 189191191240254223172172210149114
Cash Conv. Cycle 14014012114416114311312116112491

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.30%

Sales growth is growing at healthy rate in last 3 years 12.97%

Net Profit is growing at healthy rate in last 3 years 25.99%

Sales growth is good in last 4 quarters at 46.24%

No data to display

Latest Financials - Rasi Electrodes Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 -
TTM Sales (₹ Cr.) 82.6 -
BVPS (₹.) 9 -
Reserves (₹ Cr.) 22 -
P/BV 1.72 -
PE 19.22 -
From the Market
52 Week Low / High (₹) 7.11 / 19.25
All Time Low / High (₹) 0.45 / 24.30
Market Cap (₹ Cr.) 48.3
Equity (₹ Cr.) 6.2
Face Value (₹) 2
Industry PE 17.6

Management X-Ray of Rasi Electrodes :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rasi Electrodes

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Rasi Electrodes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rasi Electrodes on 06-Dec-2022 18:01 is : 16.25.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Rasi Electrodes stood at ₹ 48.25.
The latest PE ratio of Rasi Electrodes as of 06-Dec-2022 18:01 is 19.22.
The latest PB ratio of Rasi Electrodes as of 06-Dec-2022 18:01 is 1.72
The 52-week high of Rasi Electrodes is ₹ 19.25 and the 52-week low is ₹ 7.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Rasi Electrodes is ₹ 82.59 ( Cr.) .

About Rasi Electrodes Ltd

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).
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