Analysis of Financial Track Record
Value Creation |
|---|
| Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed | 15.46% | 14.71% | 9.34% | 6.14% | 6.15% | 5.35% | 4.64% | 5.32% | 5.4% | 3.49% |
| Growth Parameters |
|---|
| 9 yrs | 5 yrs | 3 yrs | 1 yr | |
|---|---|---|---|---|
| Net Sales | 9.1% | 14.6% | 19.6% | -3.1% |
| Adjusted EPS | -11.3% | -7.2% | -9.5% | -39.4% |
| Book Value per Share | 8.9 | 4.6 | 3.5 | 2.1 |
| Share Price | -3.1% | -29.4% | -20.7% | 10.6% |
| Key Financial Parameter |
|---|
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Promoters | 27.96% |
| Non-Institutions | 72.04% |
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FAQs
The 5-year analysis of Rasi Electrodes Ltd's performance infers:
Rasi Electrodes Ltd earnings have declined by -7.2%, whereas share price has depreciated -29.4% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.We analysed the performance of Rasi Electrodes Ltd share prices over the last 10 years. Here is what we found out:
Rasi Electrodes Ltd share price has depreciated -3.4% annually over the past ten years. About Company
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
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).
