Classic Electrodes

CLASSICEIL

Q: Is the debt of Classic Electrodes increasing or decreasing?

The net debt of Classic Electrodes is decreasing.Latest net debt of Classic Electrodes is ₹30.22 Crs as of Sep-25.This is less than Mar-25 when it was ₹51.49 Crs.

Q: Is Classic Electrodes stock expensive?

Classic Electrodes is not expensive.Latest PE of Classic Electrodes is 8.06, while 3 year average PE is 12.31. Also latest EV/EBITDA of Classic Electrodes is 3.36 while 3yr average is 4.01.

Price

Nano Cap

₹89 Cr.

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Classic Electrodes (India) is a leading manufacturer of welding electrodes, specializing in general electrodes and MIG wires. They also produce high-quality special consumables like Low hydrogen, Stainless steel, and Cast Iron electrodes. With a strong distribution network, they cater to domestic and international markets with tailor-made welding solutions.

Classic Electrodes (India) is a leading manufacturer of welding electrodes, specializing in general… More

Low

46.75

52W Range

High

113

7.63

Sector PE

23.12

P/B

1.97

Div.Yield

ROE

25.7%

EBIDTA

3.25

ROCE

41.67

EPS

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CLASSICEIL
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CLASSICEIL
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Announcement Date

Nov 12, 2025

Quarterly Results

Announcement Date

Sep 05, 2025

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What does Classic Electrodes do?

Classic Electrodes (India) is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. The company specializes in the manufacturing of general electrodes and MIG wires, which constitute the majority of its turnover. The company apart from producing high-volume General-Purpose Electrodes is involved in production of high-quality special consumable like Low hydrogen, Low Alloy, Stainless steel, Cast Iron, Hard surfacing and Reclamation electrodes. Tailor-made products for specific requirement can also be provided. These special products are being marketed all over India through company's strong distribution network.

Who are the competitors of Classic Electrodes?

Classic Electrodes major competitors are D&H India, Ador Welding, Diffusion Engineers. Market Cap of Classic Electrodes is ₹94 Crs. While the median market cap of its peers are ₹1,028 Crs.

Is Classic Electrodes financially stable compared to its competitors?

Classic Electrodes seems to be less financially stable compared to its competitors. Altman Z score of Classic Electrodes is 0 and is ranked 4 out of its 4 competitors.

Does Classic Electrodes pay decent dividends?

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Classic Electrodes latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

How has Classic Electrodes allocated its funds?

Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances

How strong is Classic Electrodes balance sheet?

Classic Electrodes balance sheet is weak and might have solvency issues

Is the profitablity of Classic Electrodes improving?

Yes, profit is increasing. The profit of Classic Electrodes is ₹11.98 Crs for TTM, ₹9.57 Crs for Mar 2025 and ₹9.56 Crs for Mar 2024.

Is the debt of Classic Electrodes increasing or decreasing?

The net debt of Classic Electrodes is decreasing. Latest net debt of Classic Electrodes is ₹30.22 Crs as of Sep-25. This is less than Mar-25 when it was ₹51.49 Crs.

Is Classic Electrodes stock expensive?

Classic Electrodes is not expensive. Latest PE of Classic Electrodes is 8.06, while 3 year average PE is 12.31. Also latest EV/EBITDA of Classic Electrodes is 3.36 while 3yr average is 4.01.

Has the share price of Classic Electrodes grown faster than its competition?

There is not enough historical data for the companies share price.

Is the promoter bullish about Classic Electrodes?

There is Insufficient data to gauge this.

Are mutual funds buying/selling Classic Electrodes?

There is Insufficient data to gauge this.

CLASSICEIL

Share Price

Financials

Revenue mix

Shareholdings

Peers

Forensics

Summary

Profit & Loss

Balance sheet

Cashflow

Product wise

Location wise

Recent events

News

Corporate Actions

Events:

Quarterly Results

Quarterly Results

More Nano Cap Ideas

Promoter Buying

Capex

Superstar Investor

Popular questions

Business

Financials

Share Price

Shareholdings

What does Classic Electrodes do?

Who are the competitors of Classic Electrodes?

Is Classic Electrodes financially stable compared to its competitors?

Does Classic Electrodes pay decent dividends?

How has Classic Electrodes allocated its funds?

How strong is Classic Electrodes balance sheet?

Is the profitablity of Classic Electrodes improving?

Is the debt of Classic Electrodes increasing or decreasing?

Is Classic Electrodes stock expensive?

Has the share price of Classic Electrodes grown faster than its competition?

Is the promoter bullish about Classic Electrodes?

Are mutual funds buying/selling Classic Electrodes?