Rasi Electrodes Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L52599TN1994PLC026980 Incorporated 08 March 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - BSE: 531233 Public Limited Company machinery and equipment MSME · Medium
Data last updated
Market Cap
₹38.98 Cr
RASIELEC · BSE
Share Price
₹12.50
-0.16% today
Revenue
₹72.02 Cr
FY 2025-26 · -11.6% YoY
EBITDA
₹3.61 Cr
Margin 5.0%
Net Profit
₹3.01 Cr
FY 2025-26 · +15.8% YoY
P/E (TTM)
10.9x
P/B 1.0x
ROE
9.5%
ROCE 12.5%
Debt / Equity
0.02
Interest cover 1.6x

About Rasi Electrodes Limited

Data last updated:

Rasi Electrodes Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 March 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L52599TN1994PLC026980. Its GSTIN is 33AAACR4682G1ZG (Tamil Nadu). It is a listed company as per MCA records. Its shares are listed on BSE: 531233.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.23 Cr. It was formerly known as Rasi Electrodes Private Limited. It is led by directors including Popat Bhoormal Kothari (Managing Director) and Bhoormal Ranjitkumar Kothari.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 14 Rams Apartments 3rd Floor 21 Raja Annamalai Road Purasawalkam, Chennai, Tamil Nadu, India – 600084.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹72.02 Cr, a decline of 11.6% compared to the previous year. For the same year it recorded a net profit of ₹3.01 Cr (net margin 4.2%) and EBITDA of ₹3.61 Cr (EBITDA margin 5%). The net worth stands at ₹38.86 Cr (up 10.2% YoY). Total assets are valued at ₹39.88 Cr (up 6.7% YoY).

The company has about 27 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rasi Electrodes. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹8.65 Cr on record. Court records list 71 cases involving the company, including 69 filed by the company and 2 filed against it; 3 cases are pending. The company has 40 deals on record (40 market trades); the latest was in August 2024.

Rasi Electrodes Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0003471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rasielectrodes.com.

Company details

CIN L52599TN1994PLC026980
Registration Number 026980
Incorporation Date 08 March 1994
ROC Chennai
Listing Status Listed - Listed on BSE (531233)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-24-0003471

Recognitions & Rankings of Rasi Electrodes

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-24-0003471

Contact details

Rasi Electrodes Limited's registered office is in Chennai, Tamil Nadu. Its website is rasielectrodes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 14 Rams Apartments 3rd Floor 21 Raja Annamalai Road Purasawalkam, Chennai, Tamil Nadu, India – 600084
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Rasi Electrodes Limited, buy the company report.

Comprehensive company report
Rasi Electrodes Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Rasi Electrodes operates one associated brand: Rasi Electrodes. Each brand links to its own profile.

BrandDescriptionWebsite
High-quality welding consumables are manufactured by Rasi Electrodes.rasielectrodes.com

Business activity

The main business activity of Rasi Electrodes is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Rasi Electrodes Limited, buy the company report.

Financials of Rasi Electrodes Limited

FY 2025-26 filings available

Rasi Electrodes Limited reported revenue of ₹72.02 Cr (down 11.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹72.02 Cr
-11.6% YoY
EBITDA
₹3.61 Cr
-2.4% YoY
Profit After Tax
₹3.01 Cr
+15.8% YoY
Net Worth
₹38.86 Cr
+10.2% YoY
Total Assets
₹39.88 Cr
+6.7% YoY
Total Debt
₹0.10 Cr
-90.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue72.0281.4483.8387.5368.3839.4545.96
Revenue growth-11.6%-2.9%-4.2%+28.0%+73.3%-14.2%-
EBITDA3.613.704.093.902.752.291.42
EBITDA margin+5.0%+4.5%+4.9%+4.5%+4.0%+5.8%+3.1%
Profit before tax4.773.754.184.182.782.020.79
Net profit3.012.603.183.011.981.290.53
Net profit margin+4.2%+3.2%+3.8%+3.4%+2.9%+3.3%+1.2%
EPS (₹)1.130.881.030.970.660.440.17
Balance sheet
Total assets39.8837.3934.8933.5536.9230.7526.34
Net worth38.8635.2732.5929.4326.4424.4723.28
Total debt0.101.041.303.189.565.472.46
Cash & bank11.045.162.080.330.511.110.51
Net working capital31.0828.6327.0926.3330.0723.9618.82
Cash flow
Cash from operations6.434.574.407.50(3.90)(2.42)4.38
Cash from investing0.45(1.10)(0.58)(0.85)(0.34)0.39(0.81)
Cash from financing(0.99)(0.40)(2.06)(6.84)3.632.63(3.66)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17.6418.5617.2516.7819.4220.2319.3320.63
Revenue growth (YoY)-9.2%-8.3%-10.8%-18.7%-8.6%---
Other income0.300.780.150.490.370.260.250.29
Total expenses16.0318.2116.1916.0117.9819.4218.9919.39
EBITDA1.610.351.060.771.440.810.341.24
EBITDA margin+9.1%+1.9%+6.1%+4.6%+7.4%+4.0%+1.8%+6.0%
Depreciation0.20(0.02)0.200.200.200.080.200.20
Interest0.000.030.000.000.010.030.040.02
Profit before tax1.711.121.011.061.600.960.351.31
Tax0.380.370.260.290.350.300.160.50

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17.6418.5617.2516.7819.4220.2319.3320.63
Revenue growth (YoY)-9.2%-8.3%-10.8%-18.7%-8.6%---
Other income0.300.780.150.490.370.260.250.29
Total expenses16.0318.2116.1916.0117.9819.4218.9919.39
EBITDA1.610.351.060.771.440.810.341.24
EBITDA margin+9.1%+1.9%+6.1%+4.6%+7.4%+4.0%+1.8%+6.0%
Depreciation0.20(0.02)0.200.200.200.080.200.20
Interest0.000.030.000.000.010.030.040.02
Profit before tax1.711.121.011.061.600.960.351.31
Tax0.380.370.260.290.350.300.160.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue72.0281.4483.8387.5368.3839.4545.96
Revenue growth-11.6%-2.9%-4.2%+28.0%+73.3%-14.2%-
Other income1.790.871.051.421.170.850.71
Total expenses68.4177.7479.7483.6365.6337.1644.54
Employee cost4.284.263.923.613.092.342.94
EBITDA3.613.704.093.902.752.291.42
EBITDA margin+5.0%+4.5%+4.9%+4.5%+4.0%+5.8%+3.1%
Depreciation0.580.680.780.680.680.750.88
Interest0.050.140.180.460.460.370.46
Profit before tax4.773.754.184.182.782.020.79
Tax1.271.030.951.170.740.660.27
Net profit3.012.603.183.011.981.290.53
Net profit margin+4.2%+3.2%+3.8%+3.4%+2.9%+3.3%+1.2%
EPS (₹)1.130.881.030.970.660.440.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.236.236.236.236.236.236.23
Reserves & surplus32.6329.0426.3623.2020.2118.2417.05
Shareholders' funds (net worth)38.8635.2732.5929.4326.4424.4723.28
Secured loans0.101.041.303.189.562.470.97
Unsecured loans0.000.000.000.000.003.001.49
Total debt0.101.041.303.189.565.472.46
Total liabilities39.8837.3934.8933.5536.9230.7526.34
Assets
Gross block17.3117.2517.0416.3115.1814.8714.87
Net block5.966.486.886.736.296.477.11
Capital work in progress0.330.000.000.000.010.000.04
Investments2.352.090.750.510.540.320.21
Inventories6.197.417.569.2511.608.706.35
Sundry debtors11.3914.1614.4414.4915.2111.9110.10
Cash & bank balances11.045.162.080.330.511.110.51
Loans & advances3.783.645.423.324.124.154.09
Total current assets32.4030.3729.5027.3931.4425.8721.05
Total current liabilities1.321.742.411.061.371.912.23
Net working capital31.0828.6327.0926.3330.0723.9618.82
Total assets39.8837.3934.8933.5536.9230.7526.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.162.080.330.511.110.510.60
Net cash from operating activities6.434.574.407.50(3.90)(2.42)4.38
Net cash from investing activities0.45(1.10)(0.58)(0.85)(0.34)0.39(0.81)
Net cash from financing activities(0.99)(0.40)(2.06)(6.84)3.632.63(3.66)
Net change in cash5.893.071.76(0.18)(0.61)0.60(0.09)
Closing cash11.045.162.080.330.511.110.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-11.6%-2.9%-4.2%+28.0%+73.3%-14.2%-
EBITDA growth-2.4%-9.5%+4.9%+41.8%+20.1%+61.3%-
PBT growth+27.2%-10.3%0.0%+50.4%+37.6%+155.7%-55.1%
Net income growth+15.8%-18.2%+5.7%+52.0%+53.5%+143.4%-
Revenue CAGR (3Y)-6.3%+6.0%+28.6%+24.0%+13.0%+4.8%+19.6%
EBITDA CAGR (3Y)-2.5%+10.4%+21.3%+40.0%+0.4%+12.5%-12.9%
Profitability & leverage
Net income margin+4.9%+3.3%+3.9%+3.4%+3.0%+3.5%+1.1%
Return on capital employed+12.5%+10.8%+12.7%+13.1%+9.6%+8.4%+4.5%
Return on net worth+9.5%+8.1%+10.3%+10.8%+8.1%+5.7%+2.2%
Debt / equity0.020.030.070.230.290.170.18
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover1.654.645.4414.2922.2224.0385.19
Efficiency & per share
Fixed asset turnover4.174.755.035.564.552.653.21
Inventory turnover10.5910.889.978.406.745.247.24
Debtors turnover5.645.705.805.895.043.584.49
EPS (₹)1.130.881.030.970.660.440.17
Dividend per share (₹)0.200.000.000.000.000.000.00
Book value per share (₹)12.4811.3310.479.458.497.867.48

To see the full year-wise statements and ratios of Rasi Electrodes Limited, buy the company report.

Board of directors of Rasi Electrodes Limited

Rasi Electrodes has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhoormal Ranjitkumar KothariDirector13 Feb 199531 Years 8 MonthsCurrent
Payal KothariDirector31 Mar 201511 Years 6 MonthsCurrent
Aashika JainDirector30 May 20197 Years 4 MonthsCurrent
Popat Bhoormal KothariManaging Director08 Mar 199432 Years 7 MonthsCurrent
Suresh Kumar MehtaDirector14 Aug 20233 Years 2 MonthsCurrent
Kavita PatelDirector14 Aug 20233 Years 2 MonthsCurrent

Auditor

Rasi Electrodes Limited is audited by POONAM ANKIT & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
POONAM ANKIT & ASSOCIATESFY 20230017409S

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 28.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 72.00%.

Promoters: 28.00%Retail & Others: 72.00%
Mar 2026
QUARTER
28.00% Promoters
72.00% Retail & Others
Promoter holding - history
Now 28.00% · Mar 2026High 28.00% · Jun 2025Low 28.00% · Jun 2025
27%27.5%28%28.5%29%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 28.00%Sep 2025: 28.00%Dec 2025: 28.00%Mar 2026: 28.00%28.00%28.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters28.00%28.00%28.00%28.00%
Public72.00%72.00%72.00%72.00%

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
₹8.65 Cr
Breakdown by lending institutions
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 199590292333Others₹3 CrOpen
28 Aug 2020100364667Citi Bank N.A.₹7.5 CrSatisfied
30 Jun 201110299135Dena Bank₹75 LakhSatisfied
05 May 199790291439Dena Bank₹40 LakhSatisfied

To see the full charge records of Rasi Electrodes Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Rasi Electrodes Limited has 40 deals on record (40 market trades); the latest was in August 2024.

Total deals
40
Market trades
40

Deals on record (5 of 40)

WhenDealAmountParties
May 2017Market trade₹22.1 LakhBuyer: Shreenath Finstock Private Limited
Seller: Shreenath Finstock Private Limited
Jan 2016Market trade₹1.23 CrBuyer: Parth Infin Brokers Private Limited , an individual
Seller: Parth Infin Brokers Private Limited
Jan 2016Market trade₹53.8 LakhBuyer: Shreenath Finstock Private Limited
Seller: Shreenath Finstock Private Limited
Mar 2015Market trade₹49.5 LakhBuyer: Shreenath Finstock Private Limited
Seller: Shreenath Finstock Private Limited
Sep 2014Market trade₹37.3 LakhBuyer: Neil Information Technology Private Limited

To see the full deal history of Rasi Electrodes Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Rasi Electrodes Limited was last rated by Icra on 25 Jan 2022.

Rating agencyRated onRating
Icra25 Jan 2022

To see the full credit ratings and regulatory alerts of Rasi Electrodes Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rasi Electrodes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Rasi Electrodes Limited has a workforce of 27 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
3.85%

GST

Rasi Electrodes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACR4682G1ZGTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Rasi Electrodes Limited, buy the company report.

Recent activity

Rasi Electrodes Limited has 19 board changes on record since 1994: 13 appointments and 6 cessations. The latest: Ajay Goyal ceased to be Director on 31 Mar 2024.

Filing
Rasi Electrodes Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
AGM
Rasi Electrodes Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Aug 2020 via Charge ID 100364667 with Citi Bank N.A. was fully satisfied on 28 Mar 2025.
Ceased
Ajay Goyal ceased to be Director.
Ceased
Hitesh Manikant Dharamshi ceased to be Director.
Appointed
Kavita Patel was appointed as Director.
Appointed
Suresh Kumar Mehta was appointed as Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 7.50 Cr with Charge ID 100364667 was registered on 28 Aug 2020.
Charges
A charge with Others of Rs. 3.00 Cr registered on 29 Nov 1995 with Charge ID 90292333 was modified on 05 Mar 2020.
Appointed
Aashika Jain was appointed as Director.
Ceased
Prakash Kumar ceased to be Director.
Appointed
Kashyap Kothari Popatlal was appointed as CFO.

19 earlier events are in the company report.

Frequently asked questions

Rasi Electrodes is an active public limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 March 1994 (32+ years old) and is registered under CIN L52599TN1994PLC026980. Listed on BSE: 531233.

Rasi Electrodes reported revenue of ₹72.02 Cr for FY 2025-26 (down 11.6% YoY) based on standalone financials.

Rasi Electrodes has 6 current directors:

The latest financial statements of Rasi Electrodes on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Rasi Electrodes is 33AAACR4682G1ZG, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Rasi Electrodes is L52599TN1994PLC026980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Rasi Electrodes is a listed company as per MCA records. Its shares are listed on BSE (code: 531233).

Rasi Electrodes has 71 court cases on record: 69 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.

Rasi Electrodes was incorporated on 08 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

Rasi Electrodes has 40 deals on record (40 market trades); the latest was in August 2024.