Classic Electrodes (India) Ltd.
•₹ 47.40.96%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.7%
- Operating margins have improved to 10.7% from 4.7%
- Company converts assets efficiently - asset turnover of 1.9x
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.52x)
- Equity base is being diluted - shares outstanding up 150.0%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GRAPHITE | 718.20 | 65.88 | 14031.88 | 0.97 | 171.00 | 28.57 | 842.00 | 26.62 | 4.39 | 17.10 |
| 2. | HEG | 707.65 | 38.05 | 13656.05 | 0.48 | 122.34 | 16.70 | 680.79 | 10.35 | 8.34 | 26.60 |
| 3. | ESABINDIA | 6050.15 | 173.63 | 9313.01 | 1.24 | 56.14 | 37.13 | 421.12 | 19.63 | 69.97 | 18.80 |
| 4. | ADOR | 1631.65 | 25.01 | 2839.53 | 1.41 | 27.60 | 798.73 | 309.46 | 22.88 | 22.31 | 11.54 |
| 5. | DIFFNKG | 406.30 | 27.78 | 1520.63 | 0.37 | 16.68 | 35.97 | 110.11 | 36.49 | 16.27 | 16.90 |
| 6. | DENORA | 844.95 | 0.00 | 448.55 | 0.47 | 6.39 | 96.62 | 35.27 | -15.96 | 2.42 | 16.14 |
| 7. | PANCARBON | 433.30 | 0.00 | 207.98 | 2.77 | 42.57 | 575.93 | 111.01 | 599.06 | 16.80 | 23.34 |
| 8. | CLASSICEIL | 45.35 | 0.00 | 81.47 | 0.00 | — | — | — | — | 22.33 | — |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 134 | 151 | 194 | 206 | |
| 128 | 142 | 175 | 184 | |
| Operating Profit | 6 | 9 | 21 | 22 |
| OPM % | 5 | 6 | 11 | 11 |
| Other Income | 1 | 0 | 2 | 0 |
| Interest | 3 | 4 | 5 | 5 |
| Depreciation | 1 | 2 | 2 | 2 |
| 2 | 3 | 15 | 15 | |
| Tax % | 27 | 25 | 34 | 22 |
| Net Profit | 1 | 2 | 10 | 12 |
| EPS | 1 | 2 | 18 | 9 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 7 | 9 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 7 | 9 |
Mar 2022
- 134
- 128
- Operating Profit
- 6
- OPM %
- 5
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 2
- Tax %
- 27
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 151
- 142
- Operating Profit
- 9
- OPM %
- 6
- Other Income
- 0
- Interest
- 4
- Depreciation
- 2
- 3
- Tax %
- 25
- Net Profit
- 2
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 194
- 175
- Operating Profit
- 21
- OPM %
- 11
- Other Income
- 2
- Interest
- 5
- Depreciation
- 2
- 15
- Tax %
- 34
- Net Profit
- 10
- EPS
- 18
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 206
- 184
- Operating Profit
- 22
- OPM %
- 11
- Other Income
- 0
- Interest
- 5
- Depreciation
- 2
- 15
- Tax %
- 22
- Net Profit
- 12
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 100%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 25%
- Last Year:
- 29%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 5 | 5 | 5 | 13 |
| 14 | 16 | 28 | 32 | |
| 34 | 39 | 41 | 51 | |
| Trade Payables | 11 | 6 | 5 | 8 |
| 11 | 10 | 13 | 15 | |
| Total Liabilities | 75 | 77 | 93 | 119 |
| ASSETS | - | - | - | - |
| 13 | 17 | 16 | 17 | |
| Capital Work in Progress | 4 | 0 | 0 | 0 |
| 22 | 21 | 33 | 39 | |
| 0 | 0 | 34 | 42 | |
| Cash & Bank | 1 | 1 | 2 | 2 |
| 35 | 38 | 8 | 19 | |
| Total Assets | 75 | 77 | 93 | 119 |
| Total Debt | 39 | 43 | 46 | 54 |
| Net Working Capital | 6 | 7 | 21 | 30 |
| Contingent Liabilities | 4 | 4 | 0 | 0 |
| Book Value per Share | 37.05 | 41.00 | 63.65 | 34.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 39 | 43 | 46 | 54 |
| Net Working Capital | 6 | 7 | 21 | 30 |
| Contingent Liabilities | 4 | 4 | 0 | 0 |
| Book Value per Share | 37.05 | 41.00 | 63.65 | 34.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 5
- 14
- 34
- Trade Payables
- 11
- 11
- Total Liabilities
- 75
- 13
- Capital Work in Progress
- 4
- 22
- 0
- Cash & Bank
- 1
- 35
- Total Assets
- 75
- Total Debt
- 39
- Net Working Capital
- 6
- Contingent Liabilities
- 4
- Book Value per Share
- 37.05
- Face Value
- 10.00
- Total Debt
- 39
- Net Working Capital
- 6
- Contingent Liabilities
- 4
- Book Value per Share
- 37.05
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 5
- 16
- 39
- Trade Payables
- 6
- 10
- Total Liabilities
- 77
- 17
- Capital Work in Progress
- 0
- 21
- 0
- Cash & Bank
- 1
- 38
- Total Assets
- 77
- Total Debt
- 43
- Net Working Capital
- 7
- Contingent Liabilities
- 4
- Book Value per Share
- 41.00
- Face Value
- 10.00
- Total Debt
- 43
- Net Working Capital
- 7
- Contingent Liabilities
- 4
- Book Value per Share
- 41.00
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 5
- 28
- 41
- Trade Payables
- 5
- 13
- Total Liabilities
- 93
- 16
- Capital Work in Progress
- 0
- 33
- 34
- Cash & Bank
- 2
- 8
- Total Assets
- 93
- Total Debt
- 46
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 63.65
- Face Value
- 10.00
- Total Debt
- 46
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 63.65
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 32
- 51
- Trade Payables
- 8
- 15
- Total Liabilities
- 119
- 17
- Capital Work in Progress
- 0
- 39
- 42
- Cash & Bank
- 2
- 19
- Total Assets
- 119
- Total Debt
- 54
- Net Working Capital
- 30
- Contingent Liabilities
- 0
- Book Value per Share
- 34.26
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- 30
- Contingent Liabilities
- 0
- Book Value per Share
- 34.26
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | 2 | 3 | 8 | |
| Cash from Investing | -4 | -2 | -1 | -11 |
| Cash from Financing | 3 | 0 | -2 | 4 |
| -0 | 0 | -0 | -0 | |
| Free Cash Flow | 1 | -0 | 3 | 6 |
| OCF / Net Profit | 0.88 | 0.79 | 0.30 | 0.65 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.88 | 0.79 | 0.30 | 0.65 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 1
- Cash from Investing
- -4
- Cash from Financing
- 3
- -0
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- 0
Mar 2023
- 2
- Cash from Investing
- -2
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
Mar 2024
- 3
- Cash from Investing
- -1
- Cash from Financing
- -2
- -0
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
Mar 2025
- 8
- Cash from Investing
- -11
- Cash from Financing
- 4
- -0
- Free Cash Flow
- 6
- OCF / Net Profit
- 0.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.65
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 2.75 | 3.95 | 18.11 | 8.80 |
| Book Value (₹) | 37.05 | 41.00 | 63.65 | 34.26 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.08 | 3.36 | 8.90 | 10.54 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 4.73% | 5.78% | 9.90% | 10.67% |
| Net Margin % | 1.09% | 1.38% | 4.93% | 5.64% |
| ROE % | 7.43% | 10.12% | 34.61% | 29.48% |
| ROCE % | 8.58% | 10.33% | 26.51% | 22.33% |
| 1.94% | 2.75% | 11.25% | 10.95% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 75 | 73 | 63 | 68 |
| Inventory Days | 59 | 51 | 50 | 63 |
| Payable Days | 33 | 23 | 13 | 15 |
| 101 | 101 | 101 | 116 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 2.01x | 1.99x | 1.36x | 1.20x |
| Interest Coverage (x) | 1.65x | 1.77x | 4.17x | 3.92x |
| 1.13x | 1.14x | 1.37x | 1.42x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 12.72% | 28.47% | 6.18% |
| Operating Profit Growth % | 0.00% | 37.77% | 143.85% | 4.71% |
| Net Profit Growth % | 0.00% | 43.41% | 358.40% | 21.55% |
| 0.00% | 0.00% | 358.40% | -51.38% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 2.31x | 2.96x |
Mar 2022
- EPS (₹)
- 2.75
- Book Value (₹)
- 37.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.08
- Operating Margin %
- 4.73%
- Net Margin %
- 1.09%
- ROE %
- 7.43%
- ROCE %
- 8.58%
- 1.94%
- Debtor Days
- 75
- Inventory Days
- 59
- Payable Days
- 33
- 101
- Debt to Equity (x)
- 2.01x
- Interest Coverage (x)
- 1.65x
- 1.13x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 3.95
- Book Value (₹)
- 41.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.36
- Operating Margin %
- 5.78%
- Net Margin %
- 1.38%
- ROE %
- 10.12%
- ROCE %
- 10.33%
- 2.75%
- Debtor Days
- 73
- Inventory Days
- 51
- Payable Days
- 23
- 101
- Debt to Equity (x)
- 1.99x
- Interest Coverage (x)
- 1.77x
- 1.14x
- Revenue Growth %
- 12.72%
- Operating Profit Growth %
- 37.77%
- Net Profit Growth %
- 43.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 18.11
- Book Value (₹)
- 63.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.90
- Operating Margin %
- 9.90%
- Net Margin %
- 4.93%
- ROE %
- 34.61%
- ROCE %
- 26.51%
- 11.25%
- Debtor Days
- 63
- Inventory Days
- 50
- Payable Days
- 13
- 101
- Debt to Equity (x)
- 1.36x
- Interest Coverage (x)
- 4.17x
- 1.37x
- Revenue Growth %
- 28.47%
- Operating Profit Growth %
- 143.85%
- Net Profit Growth %
- 358.40%
- 358.40%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.31x
Mar 2025
- EPS (₹)
- 8.80
- Book Value (₹)
- 34.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.54
- Operating Margin %
- 10.67%
- Net Margin %
- 5.64%
- ROE %
- 29.48%
- ROCE %
- 22.33%
- 10.95%
- Debtor Days
- 68
- Inventory Days
- 63
- Payable Days
- 15
- 116
- Debt to Equity (x)
- 1.20x
- Interest Coverage (x)
- 3.92x
- 1.42x
- Revenue Growth %
- 6.18%
- Operating Profit Growth %
- 4.71%
- Net Profit Growth %
- 21.55%
- -51.38%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.96x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Nov 2025

