Notes / Company

Classic Electrodes (India) Ltd.

CLASSICEIL ISIN INE0UQ601012 Electrodes & Welding

Fundamentals

Market cap: ₹80.3 cr
P/E: 6.35×
ROE: 25.70%
Debt / equity: 1.20
52-week range: 34.75 — 113.90

Research on Tijori Finance

Company snapshot

Classic Electrodes (India) Ltd.

Steel

₹94 cr

P/E 7.45×

Latest quarter · Mar 2026

Sales₹121 cr

Net profit₹6 cr

Op. margin+9.6%

EPS₹3.45

Strength & growth

Debt / equity1.20×

Current ratio1.42×

The timeline — 1 note on Classic Electrodes (India) Ltd.

May 2026

21 May 26 · 5:17 PM IST Brief

Brief · Concalls · Micro cap

Classic Electrodes guides for ₹330-350 cr revenue in FY27, launches new rail product

The company expects gross margins to recover to 15% and sees its new Elastic Railway Clips contributing ₹50 crore annually.

Verify on exchange NSE filings for CLASSICEIL Tijori Finance company page