Royal Arc Electrodes Ltd (ROYALARC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: ROYALARC | Electrodes & Welding Equipment | Small Cap

BSE Share Price
Not Listed

Royal Arc Electrodes Ltd (ROYALARC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: ROYALARC | Electrodes & Welding Equipment | Small Cap

DeciZen - make an informed investing decision on Royal Arc Electrodes

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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Royal Arc Electrodes stock performance -

Key Ratios
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P/E Ratio (SA):
19.47
Market Cap:
175.4 Cr.
52-wk low:
0
52-wk high:
0

Is Royal Arc Electrodes Ltd an attractive stock to invest in?


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10 Year X-Ray of Royal Arc Electrodes: Login to view analysis.

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.
Royal Arc Electrodes Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 11.7%9.9%9.8%9.1%9.2%11.6%26.5%45.3%44.2%21.3%-
Value Creation
Index
-0.2-0.3-0.3-0.4-0.3-0.20.92.22.20.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 63.963.867.675.864.543.362.996.9100102102
Sales YoY Gr.--0%5.9%12.2%-14.8%-32.9%45.2%54.1%3.3%1.7%-
Adj EPS 1.11.11.31.40.41.81.21012.98.28.1
YoY Gr.--1.9%19.1%10.4%-71%337.5%-33.1%752.1%29.3%-36.5%-
BVPS (₹) 13.314.41617.318.620.322.332.645.564.764.7
Adj Net
Profit
111.21.30.41.61.19.3129.19
Cash Flow from Ops. 06.135.266.72.412.65.64.2-
Debt/CF from Ops. 03.58.63.921.23.30.100.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.3%9.5%17.4%1.7%
Adj EPS 25.4%82.9%91.2%-36.5%
BVPS19.2%28.3%42.5%42.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
8.47.68.28.32.295.536.33315.912.5
Op. Profit
Mgn %
9.17.87.46.85.46.85.815.117.314.8NAN
Net Profit
Mgn %
1.61.51.71.70.63.81.79.6128.98.9
Debt to
Equity
1.91.61.71.30.70.40.40.100-
Working Cap
Days
1451501611551612011491001051250
Cash Conv.
Cycle
120126139136143135704665960

Recent Performance Summary

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Latest Financials - Royal Arc Electrodes Ltd.

Standalone Consolidated
TTM EPS (₹) 8.1 -
TTM Sales (₹ Cr.) 102 -
BVPS (₹.) 64.7 -
Reserves (₹ Cr.) 61 -
P/BV 2.44 -
PE 19.47 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 175
Equity (₹ Cr.) 11.1
Face Value (₹) 10
Industry PE 36.8

Management X-Ray of Royal Arc Electrodes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Royal Arc Electrodes - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Royal Arc Electrodes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6464687665436397100102
Operating Expenses 58596371614159838387
Manufacturing Costs5545435545
Material Costs45454856483147676669
Employee Cost 3455544787
Other Costs 4465533455
Operating Profit 6555334141715
Operating Profit Margin (%) 9.1%7.8%7.4%6.8%5.4%6.3%5.8%14.9%17.3%14.8%
Other Income 0000122111
Interest 3222111100
Depreciation 2222222223
Exceptional Items 000000000-0
Profit Before Tax 2222223131612
Tax 1101011343
Profit After Tax 111112210129
PAT Margin (%) 1.8%1.7%2.1%1.7%1.8%3.6%3.4%9.9%12.1%8.8%
Adjusted EPS (₹)1.31.11.51.41.31.72.310.313.08.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 12131516171921304272
Share Capital 22222222911
Reserves 11121314151719293361
Minority Interest0000000000
Debt232023191277101
Long Term Debt1311118432000
Short Term Debt1081310845001
Trade Payables91010137810855
Others Liabilities 4555355543
Total Liabilities 48485352394042445281

Fixed Assets

Gross Block25262828282828283239
Accumulated Depreciation781012131314141619
Net Fixed Assets 18181816151615141620
CWIP 0100000012
Investments 0000000121
Inventories13121415119116914
Trade Receivables11121414111113162121
Cash Equivalents 11421003119
Others Assets 5444244323
Total Assets 48485352394042445281

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 06356721364
PBT 0222223131612
Adjustment 0343333323
Changes in Working Capital 01-2012-3-3-8-7
Tax Paid 0-0-00-0-0-0-0-4-3
Cash Flow From Investing Activity 0-2-1-01-3-1-2-6-7
Capex 0-2-2-0-0-3-1-1-5-8
Net Investments 0010000-1-11
Others 00-0-0100000
Cash Flow From Financing Activity 0-51-6-8-5-2-7-221
Net Proceeds from Shares 00000000020
Net Proceeds from Borrowing 0-2-1-2-4-1-1-1-00
Interest Paid 0-2-2-2-1-1-1-1-0-0
Dividend Paid 0000000000
Others 0-14-2-3-3-0-5-11
Net Cash Flow 0-03-1-2-0-03-218

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)10.018.1910.138.137.148.720.4237.4333.3915.79
ROCE (%)11.669.869.789.079.2311.5826.4645.2744.1921.29
Asset Turnover Ratio1.431.451.351.441.411.12.962.252.081.53
PAT to CFO Conversion(x)063563.511.30.50.44
Working Capital Days
Receivable Days52606967709176566875
Inventory Days67667069738363322842
Payable Days000004940493627

Royal Arc Electrodes Ltd Stock News

Royal Arc Electrodes Ltd FAQs

The current trading price of Royal Arc Electrodes on 01-Jan-1970 05:30 is ₹0.00.
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 31-Dec-1969 the market cap of Royal Arc Electrodes stood at ₹175.4.
The latest P/E ratio of Royal Arc Electrodes as of 31-Dec-1969 is 19.47.
The latest P/B ratio of Royal Arc Electrodes as of 31-Dec-1969 is 2.44.
The 52-week high of Royal Arc Electrodes is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Royal Arc Electrodes is ₹101.8 ( Cr.) .

About Royal Arc Electrodes Ltd

Royal Arc Electrodes Limited was incorporated in Mumbai, Maharashtra, as a ‘Royalarc Electrodes Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 15, 1996, issued by the Additional Registrar of Companies, Maharashtra. Thereafter, the company was converted from a private limited company to a public limited company pursuant to a special resolution passed by its Shareholders at the Extraordinary General Meeting held on March 9, 2005, and consequent upon conversion, the name of the company was changed to ‘Royalarc Electrodes Limited’ and a certificate of change of name dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. 

Subsequently, the name of the company was changed to ‘Royal Arc Electrodes Limited’ pursuant to the special resolution passed by the Shareholders of the company at the Extra-Ordinary General Meeting held on May 29, 2023. The Assistant Registrar of Companies, Maharashtra, Mumbai / Deputy Registrar of Companies, Maharashtra, Mumbai /Registrar of Companies, Maharashtra, Mumbai issued a fresh certificate of incorporation dated June 16, 2023, upon change of the name of the Company.

The company is engaged in the business of manufacturing of welding consumables such as, welding electrodes, flux cored wire, MIG/TIG wires, which finds its application in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, etc. which are used in industries like railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom industries, thermal power stations, PEB sectors, etc. Further, the company is also engaged in the business of trading of ancillary/incidental products like wheels, electro slag, welding flux cored wire, electro slag strip cladding, saw flux and TIG /MIG wires.

It manufactures its products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloy powder, etc conforming to international standards, from its highly sophisticated and technically competent manufacturing facility. At its manufacturing facility, the raw materials undergo through a process of wire drawing and cutting, powder mixing, covering and baking. Accordingly, its existing manufacturing plant consists of extrusion units, baking ovens, drawing units, cutting units, forming mills, powder mixers, packing machines and testing labs. The company has the necessary instruments such as, chemical analysis instrument, spectro-meter, material testing lab equipment and is backed by related quality assurance equipment’s for measuring chemical and mechanical properties along with their sizes and shapes of its raw materials and finished goods to match international and domestic standards as well as customer specifications. 

Business area of the company

The company is engaged in the business of manufacturing of welding consumables such as, welding electrodes, flux cored wire, MIG/TIG wires.

Products of the company

  • Welding electrodes
  • Flux cored wire
  • MIG/TIG Wires- MIG

History and milestones

  • 1996: Incorporated as Private Limited Company and started manufacturing of welding consumables.
  • 2003: Expanded the manufacturing capacity by adding state-of the art facility.
  • 2005: Converted to Public Company.
  • 2014: Manufacturing facility spread over 25082.61 sq. mtr.
  • 2021: One of the few companies to have received ‘BIS CARE Certification’ for manufacturing flux cored wire.

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