Rasi Electrodes logo

Rasi Electrodes share price

BSE: 531233Industrial ManufacturingSmall Cap

Last close ₹12.57down ₹0.51 (3.90%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹13.08.

52-week range of traded prices to 23 Oct 2026
₹9.27Low, 30 Mar 2026₹21.05High, 27 Oct 2025
Market cap
₹39 Cr3,593rd largest listed
P/E
10.9
P/B
1.0
Dividend yield
1.59%
ROE
9.7%
ROCE
8.2%
Debt to equity
0.00
Volume, BSE
10,732

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−29.7%over a year · Nifty 500 −9.8%

Dividend20-session average 33,259 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹18 Crdown 5.00%
Net profit
₹1.33 Crup 76.59%
Net margin
7.6%

Revenue by year

Peak revenue ₹88 Cr, year to Mar 2023

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 15 FebMar 2025Filed 16 JunJun 2025Filed 8 AugSep 2025Filed 28 OctDec 2025Filed 14 FebMar 2026Filed 29 MayJun 2026Filed 14 Aug
Revenue20.619.320.219.416.817.318.617.6
Net profit0.80.20.71.30.80.70.81.3
Net margin3.9%0.9%3.3%6.5%4.5%4.3%4.1%7.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, WELDING ELECTRODES MANUFACTURING, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 19% of 2,031 trading days since Jun 2017.

LowestHighest
Its median16.3Industry median27.8
Price to book

At or below today's level on 43% of 1,959 trading days since Nov 2018.

LowestHighest
Its median1.1Industry median2.8
EV to EBITDA7.4

At or below today's level on 23% of 1,959 trading days since Nov 2018.

LowestHighest
Its median12.5Industry median18.5
Dividend yield

At or below today's level on 100.0% of 2,473 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.41%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−38.0%+28.4%−53.3%2.0%
3 years−4.9%+6.2%−11.1%0.7%
5 years+20.4%+21.0%−0.9%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters27.96%
  • Individuals and others72.04%
Holder
B POPATLAL KOTHARIPromoter15.94%
P KASHYAP KOTHARIPromoter3.90%
P NITYA KOTHARIPromoter3.41%
B RANJEET KOTHARIDirectors and their relatives3.18%
CHANDRAKALA KOTHARIResident individuals, over ₹2 lakh at face value3.02%
P MANJULA KOTHARIPromoter2.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Industrial Products, 191 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Rasi Electrodes in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Manugraph India logoManugraph IndiaMANUGRAPH458.00.8–+5.5%–10.0%−3.7%0.00%
Srigee Dlm logoSrigee DlmSRIGEE436.31.0–+1.5%+37.2%22.4%–0.00%
SM Auto Stamping logoSM Auto StampingSMAUTO4112.31.6–+7.4%+7.5%13.9%–5.00%
Sona Machinery logoSona MachinerySONAMAC40–0.6–−11.0%−189.9%−5.1%–0.00%
Solitaire Machine Tools logoSolitaire Machine ToolsSOLIMAC3824.31.913.4+5.5%−20.0%7.9%8.8%1.80%
Vruddhi Engineering Works logoVruddhi Engineering WorksVRUDDHI3611.63.1–+35.2%+106.3%30.8%–0.00%
Skytech Infinite PlatformSKYTECH36–––––––0.00%
Faalcon Concepts logoFaalcon ConceptsFAALCON3510.30.8–––7.6%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.20 a share, year to Mar 2026.
Ex-dateTypePer share
21 Sep 2026Final₹0.20
11 Sep 2015Final₹0.10
16 Sep 2013Final₹0.50
7 Sep 2012Final₹0.50
13 Sep 2011Final₹0.50
13 Sep 2010Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Rasi Electrodes share price by year

Each calendar year to 2025.Rasi Electrodes share price history

YearClose at year endChangeHighest closeLowest close
202514.68−51.5%33.8614.68
202430.24+30.9%43.3519.44
202323.11+53.0%27.8011.55
202215.10+46.9%18.207.66
202110.28+189.6%10.282.99
20203.55+26.8%3.821.63
20192.80−45.7%5.292.26
20185.16+5.5%8.064.01
20174.89−39.9%8.804.46
20168.13−48.2%20.656.66
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202613.0813.1412.3512.5712.6910,732
22 Oct 202612.7613.4512.7513.0813.0012,159
21 Oct 202613.5013.8812.9212.9313.0513,587
19 Oct 202613.8013.9013.1113.4913.418,767
16 Oct 202613.4413.8013.1013.6213.6262,232
15 Oct 202613.6513.6513.0013.0713.1527,616
14 Oct 202613.4913.6413.1113.4913.5070,316
13 Oct 202613.4013.5013.0613.0913.2721,313
12 Oct 202614.1914.1912.9613.4013.4335,535
9 Oct 202612.7614.2511.7214.0613.582,07,246
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
11 May 2015Split0.2000Each share became 5.
19 Dec 2007Bonus0.7143Holders received 2 bonus shares for every 5 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Rasi Electrodes Ltd.
BSE code
531233
ISIN
INE822D01021
Industry
Industrial Manufacturing
Listed
Nov 1995
Face value
₹2
CIN
L52599TN1994PLC026980
Corporate identity number, the registrar of companies' code for it