Classic Electrodes (India) Ltd (CLASSICEIL) — shareholding pattern, promoter holding, financials and share price
About Classic Electrodes (India) Ltd (CLASSICEIL)
Classic Electrodes (India) Ltd operates in the Electrodes & Refractories industry, within the Capital Goods sector. It trades on the NSE as CLASSICEIL and on the BSE under scrip code 88176. Its ISIN is INE0UQ601012.
Established in 1997, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires. [1]
Classic Electrodes (India) Limited is an Indian manufacturer of welding consumables like electrodes and MIG wires, specializing in delivering engineering solutions.
The company recorded a growth trajectory with a 16.4% revenue increase to Rs. 123.03 crores for H1 FY '26 post-IPO, supported by robust demand and the introduction of strategic products.
Listed peers in Electrodes & Refractories: Orient Ceratech Ltd, DE Nora India Ltd, Panasonic Carbon India Company Ltd, Royal Arc Electrodes Ltd, Nilachal Refractories Ltd, Refractory Shapes Ltd.
Valuation & Returns
10 Jul 2026At ₹52.85 a share on 10 Jul 2026, Classic Electrodes (India) Ltd (CLASSICEIL) was valued at a price-to-earnings ratio of 7.48x against an industry P/E of 37x and a price-to-book of 1x on a book value of ₹52.99 per share. Solomo computes return on equity of 13.28% and return on capital employed of 18.02% from filed results.
- P/E
- 7.48x
- Industry P/E
- 37x
- P/B
- 1x
- EPS (TTM)
- ₹8.8
- Book value / share
- ₹52.99
- ROE
- 13.28%
- ROCE
- 18.02%
- ROA
- 9.46%
- Debt / equity
- 0.2x
- Dividend yield
- 0%
- EBITDA margin
- 9.83%
- 52-week range
- ₹34.75 – ₹113.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
2 2025In the year ended 2 2025, Classic Electrodes (India) Ltd (CLASSICEIL) reported revenue of ₹187.6 crore and net profit of ₹9.57 crore. That compares with revenue of ₹243 crore and net profit of ₹13 crore in Mar 2026. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹121 crore and net profit ₹6 crore (standalone).
| Metric | Mar 2024 | Feb 2025 11m | Mar 2025 | Mar 2026 | 2 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 194 | 188 | 206 | 243 | 187.6 |
| Net profit (₹ cr) | 10 | 10 | 12 | 13 | 9.57 |
| EPS (₹) | 18.11 | 7.25 | 8.81 | 7.04 | - |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 19.69% | 15.42% | 6.18% |
| Profit growth | 45.76% | 99.92% | 21.55% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 72.02% of Classic Electrodes (India) Ltd (CLASSICEIL). Market capitalisation was ₹95 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Mar 2026: Astorne Capital Vcc - Arven 2.29%, Sanjeev Kumar Binani . 1.67%, Vorton Capital Alternative Investment Trust-Vorton Opportunities Fund 1.65%, Aarth Aif Growth Fund 1.32%, Beacon Stone Capital Vcc - Beacon Stone I 1.07%, Meru Investment Fund Pcc-Cell 1 1.03%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 72.02% | - | - | - | - |
| Sep 2025 | 73.44% | - | - | - | - |