Royal Arc Electrodes Ltd
Incorporated in 1996, Royalarc Electrodes Limited is engaged in manufacturing welding consumables such as welding electrodes, flux cored wire, and MIG/TIG wires.[1]
- Market Cap ₹ 133 Cr.
- Current Price ₹
- High / Low ₹ /
- Stock P/E 11.2
- Book Value ₹
- Dividend Yield %
- ROCE 44.1 %
- ROE 32.9 %
- Face Value ₹
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 65 | 64 | 63 | 97 | 100 | |
| 59 | 58 | 59 | 82 | 83 | |
| Operating Profit | 6 | 6 | 4 | 15 | 17 |
| OPM % | 9% | 9% | 6% | 15% | 17% |
| 0 | 0 | 2 | 1 | 1 | |
| Interest | 3 | 3 | 1 | 1 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 2 | 3 | 13 | 16 |
| Tax % | 37% | 34% | 25% | 27% | 27% |
| 1 | 1 | 2 | 10 | 12 | |
| EPS in Rs | 5.33 | 6.48 | 11.65 | 52.58 | 12.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 3% |
| Compounded Profit Growth | |
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| TTM: | 22% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 33% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 9 |
| Reserves | 9 | 11 | 19 | 29 | 33 |
| 28 | 24 | 8 | 1 | 0 | |
| 13 | 12 | 14 | 12 | 10 | |
| Total Liabilities | 52 | 48 | 42 | 44 | 52 |
| 21 | 18 | 15 | 14 | 16 | |
| CWIP | 1 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 1 | 2 |
| 30 | 30 | 28 | 29 | 33 | |
| Total Assets | 52 | 48 | 42 | 44 | 52 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 7 | 3 | 2 | 13 | 6 | |
| -8 | 2 | -1 | -2 | -6 | |
| -1 | -5 | -2 | -7 | -2 | |
| Net Cash Flow | -2 | 0 | -0 | 3 | -2 |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 56 | 61 | 76 | 62 | 76 |
| Inventory Days | 104 | 104 | 84 | 33 | 50 |
| Days Payable | 76 | 69 | 79 | 42 | 30 |
| Cash Conversion Cycle | 83 | 96 | 81 | 53 | 96 |
| Working Capital Days | 96 | 103 | 88 | 56 | 83 |
| ROCE % | 12% | 46% | 44% |
Documents
Announcements
No data available.
Annual reports
No data available.
Business Overview[1]
Royal Arc Electrodes manufactures welding consumables, including welding electrodes, flux-cored wire, and MIG/TIG wires. The company also trades ancillary products such as wheels, electro-slag, welding flux-cored wire, electro-slag strip cladding, SAW flux, and TIG/MIG wires.