Price
Financials
Standalone, Rs crore| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 100 | 106 | 100 | 122 | 121 |
| Expenses | 89 | 95 | 89 | 111 | 109 |
| Operating Profit | 11 | 10 | 11 | 11 | 12 |
| OPM % | 11% | 10% | 11% | 9% | 10% |
| Other Income | 2 | 0 | 0 | 1 | 0 |
| Interest | 3 | 2 | 3 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 9 | 8 | 7 | 8 | 9 |
| Tax % | 35% | 19% | 25% | 23% | 28% |
| Net Profit | 6 | 6 | 5 | 6 | 6 |
| EPS in Rs | 10.54 | 4.65 | 4.16 | 3.61 | 3.45 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 11m | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 90 | 134 | 151 | 194 | 188 | 206 | 243 |
| Expenses | 78 | 85 | 128 | 142 | 173 | 168 | 184 | 220 |
| Operating Profit | 6 | 5 | 6 | 8 | 21 | 19 | 22 | 23 |
| OPM % | 7% | 5% | 4.4% | 6% | 11% | 10% | 11% | 9% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 4 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 2 | 2 | 2 | 3 | 15 | 13 | 15 | 17 |
| Tax % | 25% | 25% | 27% | 25% | 34% | 26% | 22% | 26% |
| Net Profit | 2 | 1 | 1 | 2 | 10 | 10 | 12 | 13 |
| EPS in Rs | 3.35 | 2.33 | 2.75 | 3.94 | 18.11 | 7.25 | 8.81 | 7.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 22% | 17% | 18% | ||
| Compounded Profit Growth | % | 59% | 82% | 8% | ||
| Stock Price CAGR | % | % | % | -48% | ||
| Return on Equity | % | 22% | 25% | 18% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 13 | 13 | 18 |
| Reserves | 14 | 15 | 14 | 16 | 28 | 30 | 32 | 77 |
| Borrowings | 9 | 19 | 39 | 43 | 46 | 54 | 54 | 20 |
| Other Liabilities | 26 | 21 | 16 | 12 | 13 | 19 | 16 | 19 |
| Total Liabilities | 54 | 60 | 75 | 77 | 92 | 116 | 115 | 134 |
| Fixed Assets | 12 | 15 | 13 | 17 | 16 | 17 | 17 | 27 |
| CWIP | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 4 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Assets | 41 | 44 | 58 | 60 | 76 | 99 | 98 | 101 |
| Total Assets | 54 | 60 | 75 | 77 | 92 | 116 | 115 | 134 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | -4 | 8 | 2 | 3 | 1 | 8 | 19 |
| Cash from Investing Activity | -1 | -4 | -4 | -2 | -1 | -3 | -11 | -15 |
| Cash from Financing Activity | -1 | 8 | -4 | 0 | -2 | 2 | 4 | -1 |
| Net Cash Flow | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 3 |
| Free Cash Flow | 1 | -8 | 3 | -0 | 2 | -2 | 4 | 2 |
| CFO/OP | 53% | -72% | 139% | 25% | 18% | 16% | 52% | 81% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2025 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 102 | 83 | 75 | 80 | 64 | 96 | 75 | 72 |
| Inventory Days | 54 | 85 | 67 | 58 | 75 | 91 | 86 | 69 |
| Days Payable | 34 | 13 | 33 | 16 | 12 | 33 | 19 | 18 |
| Cash Conversion Cycle | 122 | 155 | 109 | 122 | 127 | 154 | 142 | 122 |
| Working Capital Days | 37 | 77 | 14 | 15 | 35 | 50 | 50 | 85 |
| ROCE % | 12% | 10% | 10% | 29% | 22% | 22% | 19% |
| Sep 2025 | Mar 2026 | |
|---|---|---|
| Promoters | 73.44% | 72.02% |
| FIIs | 7.64% | 5.62% |
| DIIs | 6.72% | 4.50% |
| Public | 12.20% | 17.86% |
| No. of Shareholders | 432 | 548 |
Fundamentals
Market Cap₹ 90.2 Cr.
Current Price₹ 50.2
Stock P/E7.17
Book Value₹ 53.0
ROCE19.2 %
ROE17.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)8%
Standalone figures.
Valuation
Market capRs 67 Cr
Enterprise valueRs 119 Cr
P/E (TTM)7.04x
Price to book1.54x
Price to sales0.36x
EV / EBITDA6.07x
EV / EBIT6.78x
EV / sales0.63x
Price to cash flow54.32x
Earnings yield14.21%
Profitability
Operating margin (excl. other income)10.31%
Operating margin (incl. other income)10.46%
EBITDA margin10.46%
Pre-tax margin6.87%
Net profit margin5.10%
ROE24.80%
ROCE19.91%
ROA9.18%
ROE, 3-year average23.17%
ROCE, 3-year average18.91%
ROA, 3-year average7.74%
ROE, 5-year average16.60%
ROCE, 5-year average15.88%
ROA, 5-year average5.51%
ROIC (approx.)13.68%
Tax rate25.76%
Other income / net worth0.64%
Growth
Sales growth (latest year)-3.21%
Profit growth (latest year)0.10%
Sales CAGR, 3 years11.91%
Sales CAGR, 5 years17.58%
Profit CAGR, 3 years87.58%
Profit CAGR, 5 years40.15%
Per share
EPS (TTM)Rs 7.25
EPS (latest year)Rs 7.25
EPS, 3-year averageRs 9.77
EPS, 5-year averageRs 6.88
Book value per shareRs 33.05
Sales per shareRs 142.19
Cash flow per shareRs 0.94
Free cash flow per shareRs 1.52
Efficiency
Asset turnover1.61x
Fixed asset turnover11.02x
Inventory turnover4.28x
Inventory days85 days
Debtor days96 days
Debtors turnover3.82x
Creditor days18 days
Cash conversion cycle122 days
Working capital days85 days
Leverage
Total debtRs 54 Cr
Cash and bankRs 2 Cr
Net debtRs 52 Cr
Debt to equity1.23x
Net debt / EBITDA2.63x
Interest coverage3.76x
Owners' fund to total sources37.48%
Debt to assets45.99%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years1.05x
Sales to cash flow151.29x
Statement figures
Net sales (TTM)Rs 188 Cr
Net sales (latest year)Rs 188 Cr
Operating profit excl. other income (latest year)Rs 19 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 20 Cr
PBDT (TTM)Rs 15 Cr
Profit before tax (TTM)Rs 13 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 10 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 161 Cr
Total expenditure (latest year)Rs 168 Cr
Total income (latest year)Rs 188 Cr
Share capitalRs 13 Cr
ReservesRs 30 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 116 Cr
Net blockRs 17 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 49 Cr
InventoryRs 38 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)1.32
Ownership
Promoter holding72.02%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | CLASSICEIL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.7% | -2.8% | -0.9 pts |
| 1 month | -7.2% | -6.8% | -0.4 pts |
| 3 months | +13.8% | -7.6% | +21.4 pts |
| 6 months | +15.2% | +0.4% | +14.8 pts |
| 1 year | -39.0% | -9.9% | -29.1 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was 27% of net profit over the last 3 years |
| explain | Receivables outrunning sales Receivables grew 44% vs sales -3% in 2026 |
| explain | Share dilution Share count up 149% in a year, 149% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹121 Cr +21.0% vs Mar 2024.
Net profit ₹6 Cr +0.0%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Classic Electrodes (India) Ltd?
Classic Electrodes (India) Ltd (CLASSICEIL) has a market capitalisation of Rs 90.2 Cr. at the 2026-10-01 close.
What is the P/E ratio of Classic Electrodes (India) Ltd?
Classic Electrodes (India) Ltd trades at a P/E of 7.17 on trailing twelve-month profit, at the 2026-10-01 close.
What were Classic Electrodes (India) Ltd's latest quarterly results?
In the Mar 2026 quarter, Classic Electrodes (India) Ltd sales was Rs 121 Cr (+21.0% vs Mar 2024) and net profit was Rs 6 Cr.
What is the 52-week high and low of Classic Electrodes (India) Ltd?
The 52-week high is Rs 98.25 and the 52-week low is Rs 34.75.