Classic Electrodes (India) Limited

Classic Electrodes (India) Limited (CLASSICEIL) is a micro-cap Capital Goods company valued at ₹89 crore operating in Other Industrial Products on the NSE and BSE.

Recent price move

Classic Electrodes (India) Limited last traded at ₹49.5, modestly down 1.00% on the day.

Recent developments

On 2026-03-31, the company reported its latest financial results, showing continued revenue and profit growth. The company has not paid dividends despite reporting profits, which may indicate a focus on reinvestment rather than shareholder returns.

Financial performance

The company's business has shown steady growth, with annual revenue rising 17.9% to ₹243 crore and net profit increasing 5.3% to ₹13 crore. In the latest quarter, revenue and net profit both rose 21.0% and 20.0% respectively compared to the same quarter a year earlier, though the net profit margin narrowed by 0.6 percentage points to 5.2%.

Valuation multiples

The stock trades at 7.0 times earnings, 1.12 times book value.

Things to watch

The company's net profit margin has declined by 0.6 percentage points to 5.2%, which could signal pressure on profitability. The stock is 48.0% below its 52-week high, indicating a significant drop from recent peak levels. The company has not paid dividends despite repeated profits, which may raise concerns about liquidity or reinvestment priorities.

Where it stands

Classic Electrode (Ind) L has maintained revenue and profit growth over the past year and quarter, but the net profit margin has narrowed. The stock is significantly below its 52-week high, and the company has not distributed dividends despite profits. The most recent figure is the latest quarter net profit of ₹6 crore.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.