Rasi Electrodes Ltd Stock Price Today (NSE: RASIELEC)

Rasi Electrodes Ltd

13.17+0.05 (+0.38%)
Market Closed

Fundamental Score

...

Rasi Electrodes Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Rasi Electrodes Ltd share price today is 13.17, up +0.38% on NSE/BSE as of 23 June 2026. Rasi Electrodes Ltd (RASIELEC) is a Small-cap company in the Industrial Products sector with a market capitalisation of 49.94 (Cr). The 52-week high for RASIELEC share price is 22.45 and the 52-week low is 9.27. At a P/E ratio of 17.46x, RASIELEC is currently trading below its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 7.87% and a debt-to-equity ratio of 0.00.

Rasi Electrodes Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
15.75
Low
12.51
Volume
24.1K
Change
-4.87%

Rasi Electrodes Ltd share price chart: -4.87% return over the past month. 52-week high ₹22.45, 52-week low ₹9.27.

Rasi Electrodes Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
13.0013.3812.7213.1710.13K (Cr)
13.2513.7912.6613.1215.42K (Cr)
13.2513.7313.1513.2524.47K (Cr)
13.7014.0913.2513.2817.17K (Cr)
13.1013.8613.1013.6023.51K (Cr)
13.0413.5013.0013.159.98K (Cr)
13.2013.4912.6213.2914.98K (Cr)
13.3013.6813.0513.2315.11K (Cr)
13.0014.5013.0013.5021.70K (Cr)
12.7612.9912.5112.8016.92K (Cr)

Rasi Electrodes Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
13.2513.7912.6613.17-0.60%
14.3615.6812.5113.25-7.73%
10.3115.7510.3114.60+41.61%
13.3013.599.2710.01-24.74%
13.8314.5513.0013.42-2.96%
15.3815.3812.5213.72-10.79%
16.7518.8013.1614.68-12.36%
17.9018.2916.1316.43-8.21%
17.8021.0515.0018.07+1.52%
18.1019.8917.0017.42-3.76%
19.0021.3918.0018.43-3.00%
18.4022.4518.4019.08+3.70%

AI Research Briefing

Powered by Gemini · 2026-04-10

Micro-cap welding play trading at a discount for a reason: sales are tanking, and promoters aren't stepping up.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEBreakdown. 1M: -11.23%, 3M: -14.95%, 6M: -22.02%.Cheap, P/E 17.46x vs Industry P/E 33.94x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Rasi Electrodes' stock has shown a mixed performance. On March 25, 2026, it hit a 52-week low of However, the stock price recovered to The company addressed a BSE query regarding the board meeting outcome on March 31, 2026. Promoter shareholding disclosures were also made.

CORE STORY (THE REAL GAME)

Rasi Electrodes is a micro-cap play on the Indian industrial consumables sector, specifically welding electrodes. The market narrative is a potential turnaround story, given its depressed valuation and a slight uptick in profitability, but it's struggling with sales decline and faces strong headwinds.

Why Now
  • Depressed valuation relative to industry
  • Slight uptick in profitability despite sales decline
  • Potential sector tailwinds from infra growth
Potential Catalysts
  • Significant order wins
  • Promoter buying
  • Turnaround in sales growth
Key Risks
  • Micro-cap liquidity risk
  • Declining sales
  • Low promoter holding
Institutional Activity

No significant FII/DII activity. Promoter holding stagnant at 27.96%.

Macro Context

Industrial manufacturing in India has potential ventures, but Rasi Electrodes faces company-specific headwinds.

Order Book / Expansion

No major news found after live search.

Cash Flow Quality

Free cash flow positive over 5 years at ₹7.31 Cr, but needs to be assessed on a yearly basis.

3–6 Month Outlook

Near-term outlook is bearish due to sales decline. A turnaround depends on management's ability to secure orders and improve operational efficiency.

Primary Thesis Risk

Continued sales decline will lead to erosion of profitability and potential distress.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

7.87%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

10.85%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.65%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Rasi Electrodes Ltd Valuation Check

Excellent

Price to Earnings (P/E)

17.46x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

27.96%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-5.00%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-18.66%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.12%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

38.71%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

38.71%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

50.63x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

7.31 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Rasi Electrodes Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RASIELEC across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Attractive Valuation (P/E: 17.46 vs Industry: 33.94)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (12.12% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (38.71% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (38.71% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (50.63x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (7.87%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Margin Pressure Concerns (4.65%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Revenue Contraction (-18.66%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Low Promoter Commitment (27.96%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Rasi Electrodes Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Rasi Electrodes Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
40.4/100
13
₹49.94
17.5
Average
7.87%
Poor
10.85%
Average
0.0
Excellent
38.71%
Excellent
12.12%
Good
0.00%
67.3/100
3100
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
35070
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
586
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
3126
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1107
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10454
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Rasi Electrodes Ltd PE Ratio History

Historical price-to-earnings ratio for RASIELEC — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.02₹30.2429.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Rasi Electrodes Ltd Quarterly Performance

Latest quarterly metrics for RASIELEC — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-18.66%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-5.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.12%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

38.71%

Compounded annual net profit growth over 5 years

Rasi Electrodes Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for RASIELEC — calculated from daily price history

40RSI 14
Neutral — RSI 40

Momentum is balanced — neither overbought nor oversold.

SMA 50
13
▲ Price above SMA 50 — Short-term bullish
SMA 200
15
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
28K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Rasi Electrodes Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Rasi Electrodes Ltd (RASIELEC) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Rasi Electrodes Ltd

About RASIELEC (Rasi Electrodes Ltd)

Rasi Electrodes Ltd is a pioneering force in the realm of welding solutions, dedicated to providing robust and innovative products for diverse industrial applications. Specializing... in the design and manufacture of high-performance welding electrodes and consumables, RASIELEC caters to the intricate demands of modern fabrication, repair, and maintenance. Their extensive portfolio encompasses a broad spectrum of welding materials, engineered to deliver exceptional weld quality, superior mechanical properties, and enhanced operational efficiency. Driven by a commitment to technological advancement and customer satisfaction, RASIELEC consistently strives to exceed industry standards and empower businesses with cutting-edge welding capabilities. RASIELEC distinguishes itself through a meticulous approach to material science and welding metallurgy. They meticulously formulate welding alloys and consumables tailored for specialized applications, focusing on enhancing weld integrity and durability. Their product range includes specialized solutions for joining challenging materials such as cast iron, copper alloys, and dissimilar metals, in addition to offering a comprehensive selection of electrodes for stainless steel, carbon steel, and high-strength alloys. By leveraging advanced manufacturing processes and stringent quality control measures, RASIELEC ensures consistent product performance and unmatched reliability, making them a trusted partner for industries requiring dependable welding solutions. Beyond product excellence, Rasi Electrodes Ltd is deeply committed to providing comprehensive support and expertise to its clientele. Their team of experienced engineers and technical specialists collaborate closely with customers to understand their unique welding requirements and offer tailored solutions. RASIELEC provides expert guidance on material selection, welding techniques, and process optimization, empowering customers to achieve superior weld quality and maximize productivity. Through their dedication to innovation, quality, and customer support, RASIELEC continues to shape the future of welding technology and drive success for businesses across various industrial sectors.

Company Details

Symbol:RASIELEC
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. B. Popatlal Kothari
CEO, MD & Director
Mr. P. Kashyap Kothari
Chief Financial Officer
Ms. Jagruti J. Jain
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

RASIELEC Share Price: Frequently Asked Questions

What is the current share price of Rasi Electrodes Ltd?

Rasi Electrodes Ltd (RASIELEC) trades at ₹13.17 on NSE and BSE. Market cap ₹49.94 (Cr). Educational data only.

What is the P/E ratio of Rasi Electrodes Ltd?

Rasi Electrodes Ltd has a P/E of 17.46x vs industry average 33.94x.

What is the Bull Run score for Rasi Electrodes Ltd?

Rasi Electrodes Ltd has a Bull Run score of 40.4/100 based on 25+ financial parameters.

Does Rasi Electrodes Ltd pay dividends?

Rasi Electrodes Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Rasi Electrodes Ltd?

Rasi Electrodes Ltd has ROE of 7.87%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Rasi Electrodes Ltd?

Rasi Electrodes Ltd has debt-to-equity of 0.00.

Is Rasi Electrodes Ltd a good investment?

Bull Run gives Rasi Electrodes Ltd a score of 40.4/100. This is not investment advice — consult a SEBI-registered advisor.