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Rasi Electrodes Limited (531233) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹85.0M

RE Rasi Electrodes Limited 531233 · BSE
Price₹12.86
Fair Value₹18.53
Upside+44.1%
Quality58/100
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Evidence: High Range ₹14.08 – ₹24.00

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price −3.3% over the past month.

Price vs Fair Value (12 months)

₹21.60 ₹10.01 Fair Value ₹18.53 Jul 2025 Jul 2026

12‑month range ₹10.01 – ₹21.60 · fair‑value band ₹14.08 – ₹24.00 · the ₹12.86 price screens below the ₹18.53 fair value. As of Jul 4, 2026.

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Analysis

Rasi Electrodes Limited (531233) currently trades at ₹12.86, while our model-based Fair Value estimate is ₹18.53 — implying the stock looks roughly 44.1% undervalued today. We read business quality at 58/100 (solid quality), in the Industrial Goods sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Rasi Electrodes Limited generated revenue of ₹341M at a net margin of 0.2%. Revenue declined 21.1% year over year. It earns a return on equity of 0.3%. Net debt stands at ₹31.3M. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹341M
Revenue growth (YoY) -21.1%
Net margin 0.2%
Return on equity 0.3%
Free cash flow ₹60.4M FY2026
P/E ratio 41.2
More key figures
Operating margin -0.9%
EPS (TTM) ₹0.0230
Dividend yield 2.0%
EPS growth (YoY) -22.7%
Net debt ₹31.3M FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Rasi Electrodes Limited manufactures and markets arc welding electrodes and copper coated mild steel wires for use in engineering and fabrication industries in India. It offers cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, tungsten, and stainless steel welding electrodes. The company also provides low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, dissimilar steels, nickel and nickel alloys, stainless steels, hard facing and wear resistance, and steel. In addition, it offers copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; aluminium and brazing filler, mild steel and low alloy, and stainless steel filler wires; and sub arc welding wires and welding flux. Further, the company provides angle grinders and cutting machines, as well as tungsten rods; arc and MIG welding, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Rasi Electrodes Limited reported revenue of ₹720M in FY2026 versus ₹684M in FY2022, a compound +1.3%/yr. Reported net income was ₹35.2M in FY2026, compounding +14.5%/yr from FY2022.

Revenue +1.3%/yr
FY22 ₹684M
FY23 ₹875M
FY24 ₹838M
FY25 ₹814M
FY26 ₹720M
Net income +14.5%/yr
FY22 ₹20.5M
FY23 ₹30.1M
FY24 ₹32.0M
FY25 ₹27.4M
FY26 ₹35.2M

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Frequently asked questions

Is Rasi Electrodes Limited (531233) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹18.53 versus a price of ₹12.86 — about +44% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 531233?
Our model-based fair value for Rasi Electrodes Limited is ₹18.53 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹12.86.
What is the quality score of 531233?
Rasi Electrodes Limited has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Rasi Electrodes Limited (531233)?
Rasi Electrodes Limited reported trailing-twelve-month revenue of about ₹341M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 531233?
The net profit margin of Rasi Electrodes Limited is about 0.2%, meaning it keeps roughly 0.2% of revenue as net income. Based on the latest reported figures.
Does Rasi Electrodes Limited pay a dividend?
Rasi Electrodes Limited currently shows a dividend yield of about 1.96% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.