Royal Arc Electrodes Peer Comparison

NSE: ROYALARC

₹170.00

₹0.00 (0.00%)

As on 28-Aug-2026IST

Market cap

₹189 Cr

Revenue (TTM)

₹116 Cr

P/E Ratio

18.8

P/B Ratio

2.3

Div. Yield

0.6 %

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	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Market cap (₹ Cr)	189	14,228	13,612	439	207
Revenue (₹ Cr)	116	2,640	3,029	115	50
Net Profit (₹ Cr)	10.05	229.20	209.00	12.20	19.20
Net Margin (%)	8.51	7.63	6.22	9.89	30.55
RoE (%)	13.13	7.51	3.72	9.51	10.71
Price to Earnings	18.79	39.65	63.91	36.00	10.79
Price-To-Book	2.32	2.93	2.26	3.23	1.08

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Operating Revenue	116.06	2,568.50	2,851.72	--	54.74
Total Income	118.00	2,709.49	3,025.75	--	67.49
Total Expenditure	100.62	2,170.19	2,650.77	--	36.58
EBITDA	15.44	398.31	200.95	--	18.17
Depreciation	3.52	213.21	95.13	--	0.71
EBIT	11.91	185.10	105.82	--	17.46
Interest	0.24	37.21	25.07	--	0.02
Other Income	1.94	140.98	174.03	--	12.75
Exceptional Items	--	--	-10.64	--	--
Profit before Tax	13.62	404.38	244.14	--	30.19
Provision for Tax	3.57	66.41	73.06	--	8.95
Profit after Tax	10.05	337.98	171.08	--	21.24

Liabilities (₹ Cr)

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Shareholder's Funds	81.27	4,757.92	5,859.05	--	187.68
Minority Interest	--	--	-2.91	--	--
Non-Current Liabilities	1.34	97.81	1,041.01	--	0.44
Current Liabilities	8.63	1,310.02	3,335.65	--	5.44
Total Liabilities	91.23	6,165.76	10,232.80	--	193.56

Assets (₹ Cr)

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Non-Current Assets	32.58	3,272.40	3,489.82	--	34.65
Current Assets	58.65	2,893.35	6,742.67	--	158.91
Total Assets	91.23	6,165.76	10,232.80	--	193.56
Total Debt*	0.20	793.28	367.34	--	0.00
Net Current Assets	50.02	1,583.33	3,407.02	--	153.47
Contingent Liabilities	--	111.85	121.24	--	0.68

Cashflow (₹ Cr)

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Cash From Operating Activities	7.53	213.20	82.54	--	10.99
Cash Flow from Investing Activities	-10.92	-320.26	-124.31	--	-5.92
Cash from Financing Activities	-1.42	96.89	-46.32	--	-5.75
Net Cash Inflow / Outflow	-4.81	-10.18	-88.09	--	-0.67

Ratios

Profitability Ratios

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
ROCE (%)	17.99	8.34	4.39	--	16.80
ROE (%)	13.13	7.34	2.92	--	11.81
ROA (%)	11.68	5.72	1.69	--	11.45
EBIT Margin (%)	14.97	21.00	13.15	--	56.48
Net Margin (%)	8.51	12.47	5.65	--	31.47
Cash Profit Margin (%)	11.69	21.42	9.34	--	40.09

Growth Ratios

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Revenue Growth (%)	14.04	19.32	11.39	--	1.37
EBIT Growth (%)	10.69	39.22	-45.80	--	7.88
Net Profit Growth (%)	11.55	184.96	-62.66	--	1.97
EPS Growth (%)	11.55	197.48	-62.06	--	1.97
Book Value Growth (%)	13.22	6.83	-0.12	--	9.18

Valuation Ratios

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Price / Earnings	18.65	30.67	68.71	--	9.59
Price / Book Value	2.31	2.20	2.06	--	1.09
Dividend Yield (%)	0.59	0.63	1.14	--	2.83
EV/EBITDA	9.96	20.41	32.98	--	6.54
Market Cap (₹ Cr)	187.32	10,466.14	12,047.38	--	203.71

Solvency Ratios

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Debt to Equity	0.00	0.17	0.06	--	0.00
Short term debt to equity ratio	0.00	0.17	0.06	--	--
Current Ratio	6.80	2.21	2.02	--	29.20
Quick Ratio	5.27	1.34	1.67	--	28.51
Interest Coverage	58.17	11.87	10.74	--	1,255.18

Operating Efficiency Ratios

	Royal Arc Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Debtors to sales (%)	22.19	19.45	23.40	--	8.27
Asset Turnover	1.35	0.44	0.28	--	0.30
Receivable days	73.41	66.97	72.66	--	31.34
Inventory Days	43.19	169.39	151.94	--	24.09
Payable days	13.75	137.30	75.76	--	61.28
Cash Conversion Cycle	102.85	99.05	148.84	--	-5.84

Annual
Quarterly