Classic Electrodes Peer Comparison

NSE: CLASSICEIL

₹56.95

₹-2.95 (-4.92%)

As on 28-Aug-2026IST

Market cap

₹102 Cr

Revenue (TTM)

₹206 Cr

P/E Ratio

8.1

P/B Ratio

1.1

Div. Yield

0 %

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	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Market cap (₹ Cr)	102	14,228	13,612	439	207
Revenue (₹ Cr)	206	2,640	3,029	115	50
Net Profit (₹ Cr)	11.62	229.20	209.00	12.20	19.20
Net Margin (%)	5.64	7.63	6.22	9.89	30.55
RoE (%)	29.48	7.51	3.72	9.51	10.71
Price to Earnings	8.09	39.65	63.91	36.00	10.79
Price-To-Book	1.07	2.93	2.26	3.23	1.08

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Operating Revenue	205.79	2,152.71	2,560.03	68.58	54.00
Total Income	206.13	2,280.28	3,004.06	74.45	65.78
Total Expenditure	183.84	1,892.91	2,312.19	69.84	37.12
EBITDA	21.95	259.80	247.84	-1.26	16.88
Depreciation	2.29	200.55	89.52	1.70	0.67
EBIT	19.66	59.26	158.32	-2.96	16.21
Interest	5.10	39.20	11.16	0.15	0.02
Other Income	0.33	127.57	444.03	5.86	11.79
Exceptional Items	-0.01	--	--	--	--
Profit before Tax	14.88	165.10	591.19	2.76	27.97
Provision for Tax	3.26	46.50	133.01	1.06	7.14
Profit after Tax	11.62	118.60	458.18	1.69	20.83

Liabilities (₹ Cr)

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Shareholder's Funds	45.21	4,453.77	5,865.90	120.15	171.90
Minority Interest	--	--	1.34	--	--
Non-Current Liabilities	2.76	108.91	1,015.05	-3.18	0.51
Current Liabilities	71.11	1,085.49	3,084.94	21.85	5.12
Total Liabilities	119.08	5,648.16	9,967.23	142.31	177.53

Assets (₹ Cr)

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Non-Current Assets	18.04	3,191.61	3,088.70	30.17	20.70
Current Assets	101.04	2,456.55	6,878.53	108.65	156.83
Total Assets	119.08	5,648.16	9,967.23	142.31	177.53
Total Debt*	54.38	584.86	172.32	0.00	0.00
Net Current Assets	29.93	1,371.07	3,793.59	86.81	151.71
Contingent Liabilities	--	101.26	121.17	2.08	2.00

Cashflow (₹ Cr)

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Cash From Operating Activities	7.59	279.71	500.23	3.13	8.17
Cash Flow from Investing Activities	-11.25	-208.45	-202.23	0.74	-1.25
Cash from Financing Activities	3.56	-159.15	-226.45	-1.06	-5.76
Net Cash Inflow / Outflow	-0.11	-87.89	71.55	2.81	1.16

Ratios

Profitability Ratios

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
ROCE (%)	22.33	4.05	10.19	2.42	17.03
ROE (%)	29.48	2.67	7.98	1.41	12.67
ROA (%)	10.95	2.09	5.21	1.28	12.25
EBIT Margin (%)	10.83	17.99	27.03	6.71	53.08
Net Margin (%)	5.64	5.20	15.25	2.27	31.66
Cash Profit Margin (%)	6.76	14.70	21.39	4.95	39.81

Growth Ratios

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Revenue Growth (%)	6.18	-10.11	-13.21	-7.07	5.24
EBIT Growth (%)	4.71	-26.09	331.66	-82.66	11.24
Net Profit Growth (%)	21.55	-61.95	-43.07	-91.09	12.05
EPS Growth (%)	21.55	-63.20	-42.82	-91.09	12.05
Book Value Growth (%)	34.58	0.63	4.55	0.39	9.63

Valuation Ratios

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Price / Earnings	0.00	81.38	20.22	213.41	10.97
Price / Book Value	0.00	2.10	1.59	3.01	1.33
Dividend Yield (%)	--	0.37	2.30	0.00	2.52
EV/EBITDA	2.96	25.23	13.49	76.05	7.90
Market Cap (₹ Cr)	0.00	9,334.36	9,343.09	361.28	228.51

Solvency Ratios

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Debt to Equity	1.20	0.13	0.03	0.00	0.00
Short term debt to equity ratio	1.12	0.13	0.03	--	--
Current Ratio	1.42	2.26	2.23	4.97	30.63
Quick Ratio	0.88	1.11	1.85	3.54	29.96
Interest Coverage	3.92	5.21	53.97	19.73	1,263.82

Operating Efficiency Ratios

	Classic Electrodes	HEG	Graphite India	De Nora India	Panasonic Carbon
Debtors to sales (%)	20.49	20.66	18.29	19.56	9.03
Asset Turnover	1.94	0.38	0.29	0.52	0.32
Receivable days	67.73	80.13	70.58	62.90	29.15
Inventory Days	63.25	205.91	181.09	156.71	19.58
Payable days	15.36	166.51	67.22	63.91	70.34
Cash Conversion Cycle	115.62	119.52	184.45	155.70	-21.61

Annual
Quarterly