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BSE: 531233 | NSE: | Electrodes & Welding Equipment | Small Cap
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘValue Creation Index Colour Code Guide ⓘ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | TTM | |||
| 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 ⓘ |
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| Sales ⓘ | 23.1 | 20.6 | 23.3 | 23.1 | 26.8 | 34.2 | 47.4 | 46 | 39.5 | 68.4 | 83 | ||
| YoY Gr. Rt. % | - | -10.7% | 12.8% | -0.9% | 16.3% | 27.6% | 38.5% | -3.1% | -14.2% | 73.3% | - | ||
| Adj EPS ⓘ | 0.4 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.7 | 0.8 | ||
| YoY Gr. Rt. % | - | -42.1% | 31.8% | 13.8% | -18.2% | 7.4% | 13.8% | -39.4% | 100% | 65% | - | ||
| BVPS (₹) ⓘ | 4.4 | 4.8 | 6 | 6.6 | 6.8 | 7 | 7.3 | 7.5 | 7.9 | 8.5 | 9 | ||
| Adj Net Profit ⓘ | 0.9 | 0.6 | 0.9 | 1 | 0.9 | 0.9 | 1 | 0.6 | 1.3 | 2.1 | 3 | ||
| Cash Flow from Ops. ⓘ | 1.4 | 3 | -3.3 | 0 | -0.5 | -0.3 | 1.5 | 4.4 | -2.4 | -3.9 | - | ||
| Debt/CF from Ops. ⓘ | 3.7 | 1.4 | -1 | 333.8 | -8.9 | -22.1 | 3.7 | 0.6 | -2.3 | -2.5 | - | ||
CAGR ⓘCAGR Colour Code Guide ⓘ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 ⓘ | 7.5 | 4.7 | 5 | 8 | ||||||||
| Share Price | 6.7% | 27.5% | 85.9% | 105.7% | ||||||||
Key Financial Parameters ⓘPerformance Ratio Colour Code Guide ⓘ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | TTM | ||
| Return on Equity % ⓘ | 8.7 | 4.8 | 5.6 | 5.2 | 4.1 | 4.2 | 4.6 | 2.7 | 5.3 | 8.1 | 9.3 | |
| Op. Profit Mgn % ⓘ | 9.8 | 7.3 | 8.5 | 9.5 | 7.9 | 4.7 | 5.8 | 3.1 | 5.8 | 4 | 3.9 | |
| Net Profit Mgn % ⓘ | 3.9 | 2.7 | 3.9 | 4.5 | 3.2 | 2.7 | 2.2 | 1.4 | 3.2 | 3 | 3.1 | |
| Debt to Equity ⓘ | 0.5 | 0.4 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.1 | 0.2 | 0.4 | 0 | |
| Working Cap Days ⓘ | 189 | 191 | 191 | 240 | 254 | 223 | 172 | 172 | 210 | 149 | 114 | |
| Cash Conv. Cycle ⓘ | 140 | 140 | 121 | 144 | 161 | 143 | 113 | 121 | 161 | 124 | 91 | |
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
| 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 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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
Low Heat Input Welding Alloys
CCMS Wires
MIG/TIG Wires
Flux Cored Wires
SAW Wires & Flux
Welding Rectifier
Welding Transformer
Silver Brazing Wires
MIG/MAG Machines
Achievements/ recognition:
Certification:
