Rasi Electrodes Peer Comparison

BSE: 531233

₹12.90

₹-0.07 (-0.54%)

As on 06-Oct-2026IST

Market cap

₹40 Cr

Revenue (TTM)

₹70 Cr

P/E Ratio

11.2

P/B Ratio

Div. Yield

1.6 %

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	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Market cap (₹ Cr)	40	8,632	6,330	2,668	1,695
Revenue (₹ Cr)	70	1,577	616	1,198	436
Net Profit (₹ Cr)	3.59	221.89	101.01	113.53	49.14
Net Margin (%)	4.99	14.01	16.04	9.26	10.93
RoE (%)	9.44	49.11	23.02	22.11	14.00
Price to Earnings	11.18	38.90	59.67	23.50	30.96
Price-To-Book	1.00	17.78	12.36	4.59	4.06

Income Statement (₹ Cr)

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Operating Revenue	70.23	1,577.25	616.46	1,193.54	436.07
Total Income	71.95	1,584.18	629.91	1,223.27	449.67
Total Expenditure	66.44	1,287.39	474.48	1,040.82	375.36
EBITDA	3.79	289.86	141.98	152.72	60.71
Depreciation	0.58	17.41	14.50	19.57	7.10
EBIT	3.21	272.45	127.48	133.15	53.61
Interest	0.04	1.71	4.97	2.17	2.53
Other Income	1.72	6.93	13.45	29.73	13.60
Exceptional Items	0.00	17.26	-0.66	-8.31	-0.70
Profit before Tax	4.89	294.93	135.29	152.40	63.99
Provision for Tax	1.29	73.04	34.28	38.80	14.85
Profit after Tax	3.59	221.89	101.01	113.60	49.14

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Shareholder's Funds	38.85	429.38	481.35	563.87	405.05
Minority Interest	0.00	0.00	0.00	0.00	-0.09
Non-Current Liabilities	0.93	24.56	30.91	22.59	6.19
Current Liabilities	1.42	244.93	123.73	251.62	98.66
Total Liabilities	39.13	649.18	507.92	--	444.45

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Non-Current Assets	6.45	162.03	179.86	229.80	176.30
Current Assets	34.76	525.35	428.88	539.68	323.69
Total Assets	39.13	649.18	507.92	--	444.45
Total Debt*	1.04	0.00	32.60	--	23.21
Net Current Assets	33.34	280.42	305.15	288.06	225.04
Contingent Liabilities	0.85	25.69	8.20	--	0.45

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Cash From Operating Activities	4.57	198.81	93.59	--	8.62
Cash Flow from Investing Activities	-1.10	-14.62	-57.53	--	-18.10
Cash from Financing Activities	-0.40	-157.44	-26.34	--	128.72
Net Cash Inflow / Outflow	3.07	26.75	9.71	--	119.24

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
ROCE (%)	11.14	71.26	25.90	--	15.94
ROE (%)	9.44	49.11	23.02	22.47	14.00
ROA (%)	8.94	32.97	17.66	14.79	10.29
EBIT Margin (%)	4.57	17.27	20.68	11.16	12.29
Net Margin (%)	4.99	14.01	16.04	9.29	10.93
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Revenue Growth (%)	-11.79	12.99	18.79	8.58	26.45
EBIT Growth (%)	1.84	20.68	27.78	150.38	24.83
Net Profit Growth (%)	23.78	29.07	25.36	490.13	19.09
EPS Growth (%)	23.78	20.85	29.94	114.41	27.07
Book Value Growth (%)	8.22	18.03	18.79	--	93.43

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Price / Earnings	11.18	41.55	59.40	22.28	30.63
Price / Book Value	1.00	17.78	12.36	4.52	4.06
Dividend Yield (%)	1.55	1.34	0.36	1.50	0.33
EV/EBITDA	8.97	29.38	44.26	16.67	26.78
Market Cap (₹ Cr)	51.96	6,998.55	2,659.01	--	978.30

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Debt to Equity	0.00	0.00	0.02	0.00	0.00
Short term debt to equity ratio	0.03	--	0.05	--	0.06
Current Ratio	24.46	2.14	3.47	2.14	3.28
Quick Ratio	20.11	1.57	2.23	1.54	2.53
Interest Coverage	123.15	173.47	28.21	71.23	26.34

	Rasi Electrodes	Esab India	Shivalik Bimetal	Ador Welding	Diffusion Engineers
Debtors to sales (%)	16.22	16.11	25.23	19.43	29.39
Asset Turnover	1.75	2.34	1.08	1.55	0.91
Receivable days	64.08	53.86	80.86	--	82.44
Inventory Days	33.53	31.39	93.04	--	66.13
Payable days	3.96	73.45	48.75	--	61.61
Cash Conversion Cycle	93.65	11.80	125.15	--	86.95

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.