Rasi Electrodes Ltd.

BSE: RASIELEC531233ISIN INE822D01021

Industrials
Industrial Products

Share price

₹12.99+0.24 (+1.88%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹18.80
52W low: ₹9.27
Off 52W high: -30.90%
1M return: +0.15%
3M return: +6.13%
6M return: -7.41%
1Y return: -27.06%
20D avg volume: 30,713
50 DMA: ₹13.01
200 DMA: ₹12.99

Key ratios Standalone

Market cap: ₹40.44 Cr
Current price: ₹12.99
52W high / low: ₹18.80 / ₹9.27
Face value: ₹2.00
P/E: 11.30
P/B: 1.17
EPS (TTM): ₹1.15
Book value / share: ₹11.10
ROE: 10.42%
ROCE: 12.10%
Operating margin: 10.85%
Net margin: 7.57%
Debt / equity: 0.00
Net debt: ₹-0.71 Cr
Interest cover: 96.60
Dividend yield: 1.54%
Dividend / share (TTM): ₹0.20
Payout: 17.39%
Cash conversion cycle: 88.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	17.64	18.56	17.25	16.78	19.42	20.23	19.33	20.63	21.25	—
	0.30	0.78	0.15	0.49	0.38	0.26	0.25	0.29	0.07	—
	17.94	19.34	17.40	17.27	19.80	20.49	19.57	20.93	21.32	—
	16.23	18.22	16.40	16.21	18.19	19.53	19.24	19.62	20.16	—
	13.67	14.06	12.72	12.98	14.94	15.60	15.47	15.65	16.73	—
	0.29	0.13	0.00	0.12	0.00	0.11	0.00	0.36	—	—
	1.11	1.24	1.29	1.16	1.18	1.29	1.27	1.15	1.14	—
	0.00	0.03	0.00	0.00	0.01	0.03	0.04	0.02	0.04	—
	0.20	-0.02	0.20	0.20	0.20	0.08	0.20	0.20	0.20	—
	1.49	2.75	1.92	1.97	1.74	2.30	—	—	1.76	—
	1.71	1.12	1.00	1.06	1.61	0.97	0.34	1.31	1.16	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	1.71	1.12	1.00	1.06	1.61	0.97	0.34	1.31	1.16	—
	0.38	0.36	0.26	0.30	0.35	0.30	0.17	0.51	0.06	—
	1.33	0.76	0.74	0.76	1.26	0.67	0.17	0.80	1.09	—
	0.43	0.28	0.23	0.24	0.40	0.20	0.05	0.25	0.35	—
Key metrics
	1.91	1.13	1.20	1.26	1.82	1.08	0.58	1.53	1.40	—
	10.80%	6.10%	7.00%	7.50%	9.40%	5.30%	3.00%	7.40%	6.60%	—
	7.50%	4.10%	4.30%	4.50%	6.50%	3.30%	0.90%	3.90%	5.10%	—
	—	2.90%	—	2.80%	—	2.80%	—	—	—	—
	-9.20%	-8.30%	-10.80%	-18.70%	-8.60%	—	—	—	—	—
	5.60%	13.40%	335.30%	-5.00%	15.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	70.23	72.02	81.44	—
	1.72	1.79	0.87	—
	71.95	73.81	82.31	—
	67.06	69.03	78.54	—
	53.43	54.69	63.44	—
	0.54	0.25	0.48	—
	4.80	4.88	4.86	—
	0.03	0.05	0.14	—
	0.58	0.58	0.68	—
	8.13	8.38	7.70	—
	4.89	4.78	3.77	—
	0.00	0.00	0.00	—
	4.89	4.78	3.77	—
	1.30	1.27	1.03	—
	3.59	3.52	2.74	—
	1.18	1.15	0.86	—
Key metrics
	5.50	5.41	4.59	—
	7.83%	7.50%	5.60%	—
	5.11%	4.90%	3.40%	—
	—	12.10%	10.80%	—
	-11.78%	-11.60%	—	—
	23.79%	28.50%	—	—
	—	6.04	4.03	—
	—	1.83	1.67	—
	—	0.00	0.03	—
	—	-0.71	-0.03	—
	—	88.2	95.0	—
Balance sheet
	—	41.21	39.13	—
	—	34.76	32.45	—
	—	0.81	1.07	—
	—	11.39	14.16	—
	—	6.19	7.41	—
	—	0.58	0.94	—
	—	5.97	6.48	—
	—	0.17	0.39	—
	—	1.42	2.78	—
	—	0.10	1.04	—
	—	0.10	1.04	—
	—	0.00	0.00	—
	—	38.85	35.27	—
Cash flow
	—	6.43	4.57	—
	—	0.45	-1.10	—
	—	-0.99	-0.40	—
	—	0.39	0.54	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -11.78%
Profit YoY (TTM): +23.79%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 27.96%

Quarter	September 2026	June 2026
Promoter %	27.96%	27.96%

Holder	Type	Holding	Previous	Change
B POPATLAL KOTHARI	Promoter	15.94%	15.94%	0.00%
P KASHYAP KOTHARI	Promoter	3.90%	3.90%	0.00%
P NITYA KOTHARI	Promoter	3.41%	3.41%	0.00%
B RANJEET KOTHARI	Public	3.18%	3.18%	0.00%
CHANDRAKALA KOTHARI	Public	3.02%	3.02%	0.00%
P MANJULA KOTHARI	Promoter	2.84%	2.84%	0.00%
JALPA HITESH DHARAMSHI	Public	2.73%	2.73%	0.00%
UTTAM KUMAR KOTHARI	Public	2.06%	2.06%	0.00%
SALIM SADRUDDIN RUPANI	Public	1.93%	1.93%	0.00%
PANKAJ KOTHARI T	Public	1.55%	1.55%	0.00%
LESS THAN 1 PERCENT PER SHAREHOLDER	Public	1.45%	1.45%	0.00%
AADRIK DISTRIBUTORS P LTD	Public	1.45%	1.45%	0.00%
SWETHA P KOTHARI	Public	1.11%	1.11%	0.00%
BPK DEVELOPERS PRIVATE LIMITED	Promoter	0.80%	0.80%	0.00%
POPATLAL KOTHARI AND SONS	Promoter	0.70%	0.70%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
INDO-MIM Limited	61,335	1,240.40	—	—	—	—	—
Aditya Infotech Limited	49,092	4,003.35	102.86	26.00%	—	—	+202.77%
Syrma SGS Technology Limited	29,119	1,510.10	63.38	14.80%	+62.42% TTM	+90.86% TTM	+92.49%
Zetwerk Manufacturing Businesses Limited	27,998	165.25	-28.27 FY26	6.71% Q1 FY27	+40.43% FY26	—	—
Honeywell Automation India Ltd. S	26,304	29,750.35	46.53	15.70%	+5.29% TTM	+9.54% TTM	-19.09%
Jyoti CNC Automation Limited	23,514	1,033.95	76.15	22.00%	+17.61% TTM	-10.78% TTM	+10.01%
KAYNES TECHNOLOGY INDIA LIMITED	22,352	3,325.10	64.66	12.00%	+34.85% TTM	+8.89% TTM	-49.97%
LMW Limited	18,543	17,357.75	90.41	5.90%	+19.37% TTM	+71.62% TTM	+9.94%
Tega Industries Limited	13,632	1,814.45	-14,687.86	6.10%	+84.88% TTM	-100.47% TTM	-6.81%
LLOYDS ENGINEERING WORKS LIMITED	12,845	82.98	53.81	12.30%	+82.99% TTM	+70.53% TTM	+38.32%
Bonfiglioli Transmissions Limited	12,422	660.75	—	—	—	—	—
Dynamatic Technologies Ltd.	8,595	12,655.05	202.56	9.20%	+17.28% TTM	+0.02% TTM	+49.53%
STANDARD ENGINEERING TECHNOLOGY LIMITED	8,333	417.70	93.99	14.70%	—	—	+133.94%
Kennametal India Limtied S	8,317	3,784.30	42.43	—	+29.08% TTM	+90.48% TTM	+80.46%
Omnitech Engineering Limited	8,215	664.25	—	18.30%	—	—	—
HMT Limited	8,132	54.44	-49.29	3.20%	+8.82% TTM	+6.28% TTM	-1.86%
Raymond Limited	7,637	1,147.10	93.20	-0.50%	-5.56% TTM	-98.52% TTM	+100.56%
Spectrum Electrical Industries Limited	7,293	4,268.25	126.77	16.30%	—	—	+190.47%
GMM Pfaudler Ltd.	5,943	1,322.00	87.49	9.00%	+13.91% TTM	+71.89% TTM	+3.00%
Lohia Corp Limited	5,726	541.95	—	—	—	—	—
Praj Industries Ltd.	4,691	255.20	137.98	4.90%	+1.76% TTM	-67.78% TTM	-24.66%
HD Fire Protect Limited	4,651	265.40	—	—	—	—	—
TEMPSENS INSTRUMENTS (INDIA) LIMITED	4,545	542.20	—	—	+37.74% FY25	+52.86% FY25	—
DEE DEVELOPMENT ENGINEERS LIMITED	4,287	569.75	53.51	14.50%	+40.01% TTM	+49.51% TTM	+131.18%
Shanthi Gears Ltd. S	3,802	495.65	65.56	22.90%	-14.22% TTM	-37.57% TTM	+5.08%
Rasi Electrodes Ltd. S	40	12.99	11.30	12.10%	-11.78% TTM	+23.79% TTM	-27.06%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Certified copy of Minutes of the proceedings of 32nd AGM held on 28th September 2026.28 Oct 2026 · AGM/EGM / AGM
Certified copy of Minutes of the 32nd AGM held on 28.09.2026 duly signed by Chairman23 Oct 2026 · AGM/EGM / AGM
DP COMPLIANCE CERTIFICATE ISSUED BY RTA CAMEO CORPORATE SERVICES LTD FQE 30.09.202617 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
32nd AGM held on 28.09.2026 - Scrutiniser report submitted30 Sep 2026 · AGM/EGM / AGM
Voting result along with scrutiniser report submitted30 Sep 2026 · AGM/EGM / AGM
32nd AGM commenced at 9.30.am and concluded on 10.09.a.m. - brief report on proceedings required to be file pursuant to REg.30(6)28 Sep 2026 · Company Update / General
Trading Window Closure Notice from 1.10.202625 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
COMPLIANCE WITH REGULATION 34 - 32ND ANNUAL REPORT 2025-2026 IS ATATCHED4 Sep 2026 · Others / Reg. 34 (1) Annual Report
32nd AGM Notice Despatch Intimation published prior to sending Notice and Annual Report to shareholders4 Sep 2026 · Company Update / Newspaper Publication
Predispatch intimation - Notice convening 32nd AGM and 32nd Annual Report FYE 31.3.2026 attached prior to dispatch to shareholders (scheduled to be dispatched on or before 04.09.2026 by RTA30 Aug 2026 · Company Update / General
The recod date for Dividend to be declared at the 32nd AGM on 28.09.2026 is on 21.09.2026 (i.e., as per BENPOS on 21.09.2026). pls refer attached letter21 Aug 2026 · Corp. Action / Record Date
32nd AGM on 28.09.2026, book closure for 32nd AGM and Dividend19 Aug 2026 · AGM/EGM / AGM
Unaudited Financial Results FQE 30th June 202614 Aug 2026 · Result / Financial Results
Rasi Electrodes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Approval of Unaudited financial ....3 Aug 2026 · Board Meeting / Board Meeting
DP Compliance Certificte issued by RTA fqe 30.06.202620 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
SALE OF LAND APPROVED BY THE BOARD - DISCLOSURE MADE PURSUANT TO REGULATION 30(4)(i)(c)(2)OF SEBI (LODR) REG, 201516 Jul 2026 · Company Update / General
Board approved the proposal to sell land and authorised Managing Director to enter into necessary agreement for this purpose16 Jul 2026 · Board Meeting / Outcome of Board Meeting
Rasi Electrodes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve 1.To evaluate the proposals, ....10 Jul 2026 · Board Meeting / Board Meeting
SCRUTINISER REPORT FOR POSTAL BALLOT CONCLUDED ON 27TH JUNE 202629 Jun 2026 · AGM/EGM / Postal Ballot
OUTCOME OF POSTAL BALLOT - SPECIAL RESOLUTION PASSED29 Jun 2026 · AGM/EGM / Postal Ballot
Closure of Trading Window from 01.07.2026 to 16.08.2026 for the purpose of publishing Unaudited Financial Results FQE 30.06.202622 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Rasi Electrodes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2026 ,inter alia, to consider and approve 1.The Scrutiniser Report on ....22 Jun 2026 · Board Meeting / Board Meeting
ANNUAL SECRETARIAL COMPLIANCE REPORT ISSUED BY SECRETARIAL AUDITOR FYE 31.3.202629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
1.Audited result fye 31.3.2026 approved along with Audit Report with unmodified opinion;2.Dividend at 0.20.ps. on equity shares of Rs.2 each.3.Directorsreport approved.4.Policies reviewed.5.Decision ....29 May 2026 · Board Meeting / Outcome of Board Meeting
Adverisement Copy Postal Ballot Notice26 May 2026 · AGM/EGM / Postal Ballot
Rasi Electrodes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve 1.To approve the Financial ....22 May 2026 · Board Meeting / Board Meeting
Postal Ballot schedule from 27.05.2026 to 27.06.202721 May 2026 · AGM/EGM / Postal Ballot
Authenticated Copy of Postal Ballot Notice dated 20.05.2026 is attached prior to dispatch to shareholders21 May 2026 · AGM/EGM / Postal Ballot
1. In-principle approval for sale of landed property and to seek shareholders approval for this purpose u/s 180(1)(a) of the Companies Act, 2026 through postal ballot process, etc 2.Approval ....20 May 2026 · Board Meeting / Outcome of Board Meeting
Rasi Electrodes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve To seek in-principle approval ....13 May 2026 · Board Meeting / Board Meeting
Certiifcate issued by RTA regarding compliance with DP Regulations fqe 31.3.202617 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
SEBI (SAST) DISCLOSURES received from Promoters and promoters group under Reg.30 of SEBI SAST reg 2011 fye 31.3.2026 attached. Email to [email protected] have been sent by them ....6 Apr 2026 · Company Update / General
Reply to BSE Query on Disclosure of Outcome of Board meeting made on 31.3.20263 Apr 2026 · Company Update / General
1.POSTAL BALLOT RESULT AND SCRUTINISERS REPORT TAKEN ON RECORD. 2.Authorisation to invest the temporary surplus funds not immediately required for the business of the Company. 3.Authorisation ....31 Mar 2026 · Others / Outcome without intimation
SCRUTINISERS REPORT DATED 31.03.202631 Mar 2026 · AGM/EGM / Postal Ballot
OUTCOME OF POSTAL BALLOT CONCLUDED ON 30.03.202631 Mar 2026 · AGM/EGM / Postal Ballot
Closure of Trading Window for the period 1.4.2026 to 01.06.2026 for the purpose of approval of Audited Financial Results FYE 31.3.2026 on or before 30.05.202620 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Postal Ballot Notice dated 14.2.2026 approved by the Board prior to dispatch to shareholders21 Feb 2026 · AGM/EGM / Postal Ballot
INDEPENDENT DIRECTPRS MEETING AND BOARD EVALUATION CONDUCTED ON 1302202614 Feb 2026 · Company Update / General
DETAILS ABOUT FAMILIARISATION PROGR CONDUCTED FOR INDEPENDENT DIRECTORS ON 13.02.202614 Feb 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2000	21 Sep 2026	21 Sep 2026	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results