Rasi Electrodes Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹16.5
- Today's High:
- ₹17.49
- Open Price:
- ₹17.49
- 52W Low:
- ₹11.25
- 52W High:
- ₹19.58
- Prev. Close:
- ₹16.8
- Volume:
- 18723
Company Statistics
- Market Cap.:
- ₹84.99 million
- Book Value:
- 7.581
- Revenue TTM:
- ₹340.84 million
- Operating Margin TTM:
- -0.94%
- Gross Profit TTM:
- ₹104.61 million
- Profit Margin:
- 0.23%
- Return on Assets TTM:
- -0.67%
- Return on Equity TTM:
- 0.34%
Company Profile
Rasi Electrodes Limited had its IPO on under the ticker symbol 531233.
The company operates in the Industrial Goods sector and Machine Tools & Accessories industry. Rasi Electrodes Limited has a staff strength of 109 employees.
Stock update
Shares of Rasi Electrodes Limited opened at ₹17.49 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹16.5 - ₹17.49, and closed at ₹16.67.
This is a -0.77% slip from the previous day's closing price.
A total volume of 18,723 shares were traded at the close of the day’s session.
In the last one week, shares of Rasi Electrodes Limited have increased by +1.03%.
Rasi Electrodes Limited's Key Ratios
Rasi Electrodes Limited has a market cap of ₹84.99 million, indicating a price to book ratio of 0.3531 and a price to sales ratio of 0.2231.
In the last 12-months Rasi Electrodes Limited’s revenue was ₹340.84 million with a gross profit of ₹104.61 million and an EBITDA of ₹5.96 million. The EBITDA ratio measures Rasi Electrodes Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Rasi Electrodes Limited’s operating margin was -0.94% while its return on assets stood at -0.67% with a return of equity of 0.34%.
In Q3, Rasi Electrodes Limited’s quarterly earnings growth was a negative -22.7% while revenue growth was a negative 21.1%.
Rasi Electrodes Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 41.1927
- PEG
Its diluted EPS in the last 12-months stands at ₹0.023 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rasi Electrodes Limited’s profitability.
Rasi Electrodes Limited stock is trading at a EV to sales ratio of 0.2762 and a EV to EBITDA ratio of 6.45. Its price to sales ratio in the trailing 12-months stood at 0.2231.
Rasi Electrodes Limited stock pays annual dividends of ₹0.1 per share, indicating a yield of 1.96% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- ₹346.02 million
- Total Liabilities
- ₹42.29 million
- Operating Cash Flow
- ₹-5131000.00
- Capital Expenditure
- ₹5.37 million
- Dividend Payout Ratio
- 0%
Rasi Electrodes Limited ended 2024 with ₹346.02 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹346.02 million while shareholder equity stood at ₹294.24 million.
Rasi Electrodes Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹42.29 million in other current liabilities, 62261000.00 in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹2.72 million and cash and short-term investments were ₹8.29 million. The company’s total short-term debt was ₹31,773,000 while long-term debt stood at ₹0.
Rasi Electrodes Limited’s total current assets stands at ₹278.81 million while long-term investments were ₹0 and short-term investments were ₹5.11 million. Its net receivables were ₹144.91 million compared to accounts payable of ₹0 and inventory worth ₹92.45 million.
In 2024, Rasi Electrodes Limited's operating cash flow was ₹-5131000.00 while its capital expenditure stood at ₹5.37 million.
Comparatively, Rasi Electrodes Limited paid ₹0 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹16.67
- 52-Week High
- ₹19.58
- 52-Week Low
- ₹11.25
- Analyst Target Price
- ₹
Rasi Electrodes Limited stock is currently trading at ₹16.67 per share. It touched a 52-week high of ₹19.58 and a 52-week low of ₹19.58. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹15.91 and 200-day moving average was ₹14.93 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 4259.3% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Rasi Electrodes Limited
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About
Rasi Electrodes Limited manufactures and markets arc welding electrodes and copper coated mild steel wires for use in engineering and fabrication industries in India. It offers cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, tungsten, and stainless steel welding electrodes. The company also provides low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, dissimilar steels, nickel and nickel alloys, stainless steels, hard facing and wear resistance, and steel. In addition, it offers copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; aluminium and brazing filler, mild steel and low alloy, and stainless steel filler wires; and sub arc welding wires and welding flux. Further, the company provides angle grinders and cutting machines, as well as tungsten rods; arc and MIG welding, plasma cutting, and TIG welding machines; and carbon steel, stainless still, and hard facing flux cored wires, low alloy high tensile, and metal cored wires. It markets and sells its products under the RASI brand for public sector undertakings, larger private sector engineering conglomerates, and other original equipment manufacturers. Rasi Electrodes Limited was founded in 1994 and is based in Chennai, India.