Classic Electrodes (India)Share price, financial results, shareholding and management

NSE Emerge · CLASSICEILWelding consumablesListed 1 Sept 2025IPO ₹87Catch them young
classicelectrodes.com ↗Live price on NSE ↗ISIN INE0UQ601012 · Lot 1,600 shares · ₹75,920
₹47.45
-1.20% on the day
Close · 6 Nov 2026
Valuation
Market cap
₹85 cr
Stock P/E
6.7peers 13.3
Book value
₹53
Price to book
0.90
EV / operating profit
4.4
Market cap to sales
0.35
Returns and growth
ROCE · FY26
19.3%
ROE · FY26
18.0%
ROE, 3-year average
28.2%
Operating margin · FY26
9.3%peers 7.2%
Sales growth, 3 years
17.2%
Profit growth, 3 years
84.9%
Safety
Debt to equity
0.20peers 0.73
Borrowings
₹19.5 cr
Interest cover
5.7×
Cash from business / op. profit
86%
Debtor days
72
Pledged
0.00%
Ownership and share
Promoter holding
72.01%
Change in promoter holding
-0.01 pts
Shareholders
664
52-week high / low
₹92 / ₹35
Dividend yield
0.00%
Face value
₹10

Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.

Classic Electrodes (India) share price chart

₹47.45-46.69% 1 year

Close on 6 Nov 2026 · -1.25% on the day · Vol 9,600

Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.

Share price returns

To the close of 6 Nov 2026

1 month
-4.1%
3 months
-12.4%
6 months
-18.7%
1 year
-46.7%
Since IPO
-45.5%
Traded a day, 20 days
₹0.07 cr
Taken for delivery
85%

Business growth

Sales and net profit, from the reported results

SalesProfit
FY26 on FY25+18%+9%
3 years, a year+17%+85%
Latest half, H2 FY26+21%+13%

About Classic Electrodes (India): business, products and customers

Classic Electrodes makes welding electrodes and welding wire for fabricators, wagon builders and other factories, and also trades the steel wire rods those products are made from. Its shares trade on NSE Emerge.

Classic Electrodes was set up in Kolkata in 1997 and makes stick welding electrodes in many grades (general purpose, low hydrogen, low alloy, stainless steel, cast iron, hard facing and cutting), copper coated and stainless steel MIG wire, and since 2025 flux-cored wire. Electrodes and MIG wire are made at Dhulagarh near Howrah in West Bengal; the Jhajjar plant in Haryana makes only MIG wire. Buyers are fabricators, wagon builders and industrial firms, reached about half directly and half through dealers.

Alongside manufacturing, the company trades steel wire rods, its main raw material, which it buys in bulk under arrangements with Steel Authority of India and passes on to other users at a thin margin. Trading adds revenue but little profit, so the company's margins look low next to a pure manufacturer and move with the trading share; most orders also pass steel price changes through to customers, so revenue rises and falls with steel prices as well as with tonnes sold.

Read more about the business

Two new lines are meant to lift the mix: flux-cored wire, which started commercial production in 2025, and elastic rail clips (ERC Mk-V) for railway track, which management expected to start production in July 2026. The company also holds a minority stake in HM Power and Cables, a related party that makes wires and cables and began production in April 2026.

The offer document compared the company with three listed makers of welding consumables: D & H India, Ador Welding and Diffusion Engineers. On the May 2026 call management described Ador Welding, ESAB India and Diffusion Engineers as much larger players in the same products.

From the offer document (Red Herring Prospectus, 2025), the annual report for FY26, the May 2026 investor presentation, the earnings call transcripts of November 2025 and May 2026, and the company's announcements of November 2025 to March 2026.

Read the deeper study ↓

In its favour

  • It brings in more cash than it shows as profit: ₹19.4 cr against ₹12.6 cr in FY26.
  • It has little debt for its size: debt to equity 0.20.
  • The promoters own a large part of the company: 72.01%.

To watch

  • Start of rail clip production and first sales, expected from July 2026 (Earnings call, May 2026, p.10 and p.12).
  • Sales for FY27 against management's ₹330 cr to ₹350 cr expectation (Earnings call, May 2026, p.10).
  • Quarterly sales updates that management promised to publish (Earnings call, May 2026, p.9 and p.14).
  • Further money put into HM Power and Cables or trade with the related parties Kritika Wires and Jai Hanuman Industrial Corporation (Annual report FY26, p.29 and p.32).
  • It paid no dividend in the past year.

From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.

Classic Electrodes (India) revenue and profit growth

Half-yearly results · Profit and loss

Sales have grown steadily. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.

Sales and net profit, every year, ₹ crore
SalesNet profit
0100200300Sales, FY20: 83 ₹ cr83Net profit, FY20: 2 ₹ cr2FY20Sales, FY21: 90 ₹ cr90Net profit, FY21: 1 ₹ cr1FY21Sales, FY22: 134 ₹ cr134Net profit, FY22: 1 ₹ cr1FY22Sales, FY23: 151 ₹ cr151Net profit, FY23: 2 ₹ cr2FY23Sales, FY24: 194 ₹ cr194Net profit, FY24: 10 ₹ cr10FY24Sales, FY25: 206 ₹ cr206Net profit, FY25: 11.6 ₹ cr11.6FY25Sales, FY26: 243 ₹ cr243Net profit, FY26: 12.6 ₹ cr12.6FY26
The latest halves, ₹ crore
SalesNet profit
050100150Sales, H2FY24: 100 ₹ cr100Net profit, H2FY24: 6 ₹ cr6H2FY24Sales, H1FY25: 106 ₹ cr106Net profit, H1FY25: 6 ₹ cr6H1FY25Sales, H2FY25: 100 ₹ cr100Net profit, H2FY25: 5.5 ₹ cr5.5H2FY25Sales, H1FY26: 122 ₹ cr122Net profit, H1FY26: 6.5 ₹ cr6.5H1FY26Sales, H2FY26: 121 ₹ cr121Net profit, H2FY26: 6.2 ₹ cr6.2H2FY26

SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.

Classic Electrodes (India) half-yearly results

SME companies report every six months · ₹ crore

₹ crore · growth on the same half a year before
H2FY24H1FY25H2FY25H1FY26H2FY26
Sales100106100.25122.16120.81
Expenses899588.79111.09109.24
Operating profit111011.4611.0611.56
OPM11.0%10.0%11.4%9.1%9.6%
Interest323.052.281.33
Depreciation111.271.191.96
Profit before tax987.308.468.64
Net profit665.496.496.20

Classic Electrodes (India) profit and loss

Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Sales8390134151194205.79242.97
Expenses7885128142173183.84220.34
Operating profit65682121.9522.63
OPM7.0%5.0%4.4%6.0%11.0%10.7%9.3%
Other income010000.331.25
Interest333455.103.62
Depreciation111222.293.15
Exceptional and other items···11··
Profit before tax22231514.8817.05
Tax rate0.0%50.0%50.0%33.3%33.3%21.9%25.9%
Net profit21121011.6212.64
EPS ₹3.352.332.753.9418.118.807.04
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

The years to FY24 come rounded to the nearest crore in the source.

Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.

Classic Electrodes (India) profitability

Margins and returns on capital

Last year the company kept about as much from each rupee of sales as the year before. It earns a moderate return on the money it uses.

Operating margin, every year

Per cent of sales kept before interest, depreciation and tax

0%5%10%15%FY20: 7.0%7.0%FY20FY21: 5.0%5.0%FY21FY22: 4.4%4.4%FY22FY23: 6.0%6.0%FY23FY24: 11.0%11.0%FY24FY25: 10.7%10.7%FY25FY26: 9.3%9.3%FY26
Per cent
FY20FY21FY22FY23FY24FY25FY26
Operating margin7.0%5.0%4.4%6.0%11.0%10.7%9.3%
Tax rate0.0%50.0%50.0%33.3%33.3%21.9%25.9%
ROCE·14.9%10.3%11.5%28.0%22.4%19.3%
ROE·5.1%5.1%10.0%37.0%29.7%18.0%
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Classic Electrodes (India) debt and cash flow

Balance sheet · Cash flow · Working capital

The company's own money, its net worth, has grown fast. It cut its borrowings last year. Its loans are smaller than its own money. Last year the business brought in more cash than it showed as profit. Customers take about as long to pay as they did in FY24.

Its own money and its borrowings, ₹ crore
Net worthBorrowings
0255075100Net worth, FY20: 19 ₹ cr19Borrowings, FY20: 9 ₹ cr9FY20Net worth, FY21: 20 ₹ cr20Borrowings, FY21: 19 ₹ cr19FY21Net worth, FY22: 19 ₹ cr19Borrowings, FY22: 39 ₹ cr39FY22Net worth, FY23: 21 ₹ cr21Borrowings, FY23: 43 ₹ cr43FY23Net worth, FY24: 33 ₹ cr33Borrowings, FY24: 46 ₹ cr46FY24Net worth, FY25: 45.2 ₹ cr45.2Borrowings, FY25: 54.4 ₹ cr54.4FY25Net worth, FY26: 95.2 ₹ cr95.2Borrowings, FY26: 19.5 ₹ cr19.5FY26
Cash from the business against net profit, ₹ crore
Cash from the businessNet profit
-1001020Cash from the business, FY20: 3 ₹ cr3Net profit, FY20: 2 ₹ cr2FY20Cash from the business, FY21: -4 ₹ cr-4Net profit, FY21: 1 ₹ cr1FY21Cash from the business, FY22: 8 ₹ cr8Net profit, FY22: 1 ₹ cr1FY22Cash from the business, FY23: 2 ₹ cr2Net profit, FY23: 2 ₹ cr2FY23Cash from the business, FY24: 3 ₹ cr3Net profit, FY24: 10 ₹ cr10FY24Cash from the business, FY25: 7.6 ₹ cr7.6Net profit, FY25: 11.6 ₹ cr11.6FY25Cash from the business, FY26: 19.4 ₹ cr19.4Net profit, FY26: 12.6 ₹ cr12.6FY26

Bars below the line are cash going out.

Classic Electrodes (India) balance sheet

At each 31 March · ₹ crore

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Equity capital5555513.1917.96
Reserves141514162832.0177.24
Net worth192019213345.2195.21
Borrowings91939434654.3819.51
Other liabilities262117131315.5719.38
Total liabilities5460757792115.16134.10
Fixed assets121513171617.1626.58
Capital work in progress0040004
Investments110000.332.28
Other assets414458607697.67101.24
Receivables·····42.1647.64
Inventory·····38.7938.02
Cash·····1.555.04
Trade payables·····8.4410.17

Classic Electrodes (India) cash flow

₹ crore

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Cash from operations3-48237.5919.41
Cash from investing-1-4-4-2-1-11.25-14.90
Cash from financing-18-40-23.56-1.13
Net cash flow10000-0.103.38
Capital spending·····11.4516.92

Working capital

Days

Days
FY20FY21FY22FY23FY24FY25FY26
Debtor days102837580647572
Inventory days54856758759169
Days payable34133316123318
Cash conversion cycle122155109122127154122
Working capital days37771415355085

Classic Electrodes (India) peers and competitors

Listed SME companies in the same industry

By sales, Classic Electrodes (India) is number 38 of the 156 listed SME companies in industrial products.

Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.

CompanyMarket cap ₹ crP/ESales ₹ crProfit ₹ crOp. marginDebt/equity
M P K Steels (I)8514.225964.1%0.33
GSM Foils944.725819.811.5%0.60
Super Iron Foundry855.02561713.0%0.64
Auro Impex & Chemicals5112.32504.23.6%0.83
Uma Converter3310.52493.26.3%0.97
Visaman Global Sales437.02496.15.8%1.00
Classic Electrodes (India)856.724312.69.3%0.20
Prime Cable Industries36830.62351210.0%0.85
Krishca Strapping Solutions30826.923411.412.2%0.62
Maiden Forgings13927.823256.0%0.85
Sharvaya Metals19816.5230128.0%0.16
Median of the 10 others9013.32498.77.2%0.73

Classic Electrodes (India) shareholding pattern

Promoters, FIIs, DIIs, HNIs and small holders

The promoters own more than half the company. Foreign and Indian funds own a noticeable share. The number of shareholders is about the same.

Promoters
72.01%
+0.24 pts since Aug 25
Foreign investors (FIIs)
8.17%
+4.53 pts since Aug 25
Indian institutions (DIIs)
3.11%
-5.73 pts since Aug 25
HNIs (over ₹2 lakh each)
2.97%
+1.30 pts since Aug 25
Small holders (up to ₹2 lakh)
9.94%
-2.58 pts since Aug 25
Companies and others
3.80%
+2.24 pts since Aug 25
Number of shareholders
664
699 in Aug 25

Classic Electrodes (India) shareholding pattern

Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.

Aug 25Sep 25Mar 26Sep 26
Promoters71.77%73.44%72.02%72.01%
Foreign investors (FIIs)3.64%7.64%5.62%8.17%
Indian institutions (DIIs)8.84%6.72%4.50%3.11%
HNIs (over ₹2 lakh each)1.67%4.99%5.70%2.97%
Small holders (up to ₹2 lakh)12.52%5.21%8.55%9.94%
Companies and others1.56%2.00%3.61%3.80%
Number of shareholders699432548664

The named holders are at 30 Sept 2026, beside 31 March 2026, each under the group the pattern files them in.

Classic Electrodes (India) study: the business from its own documents

Read from 9 of the company's own documents

Classic Electrodes (India) so far

From the company's own record

  1. 1 Sept 2025Listed on NSE Emerge at ₹87
  2. 28 Aug 2026An order announced
  3. 30 Sept 2026Promoters at 72.01%
  4. 25 Sept 2025Highest close since listing, ₹98.40

Classic Electrodes (India) key facts from the filings

Each figure with the document it comes from

Manufacturing share
73%
Share of FY26 revenue from goods the company makes; the rest was traded goods. It was 67% a year earlier.Earnings call, May 2026, p.4
Trading margin
2% to 3%
Margin on traded wire rods, bought under arrangements with Steel Authority of India; management calls trading an add-on, not the main business.Earnings call, November 2025, p.11
Electrode plant use
86%
Share of the 10,608 tonnes a year electrode capacity at Dhulagarh used in FY26, up from 74% in FY25.Investor presentation, May 2026, p.14
MIG wire capacity
10,600 tonnes
Dhulagarh was raised from 5,000 to 7,000 tonnes in FY26 and ran at 74%; Jhajjar's 3,600 tonnes ran at 66%.Investor presentation, May 2026, p.14 to 15; Earnings call, May 2026, p.3
Flux-cored wire
14% used
First year on a 2,500 tonne line; management put FY26 sales from it at a little over ₹4 cr and full-capacity sales at ₹25 cr to ₹30 cr.Investor presentation, May 2026, p.8 and p.14; Earnings call, May 2026, p.8
Show 5 more facts
Railway clips
₹50 cr a year
Sales management expects from the new elastic rail clip line once it runs a full year; gross margin put at 25% to 28%.Earnings call, May 2026, p.10 and p.12
Top ten customers
68.43%
Share of revenue in the eleven months to February 2025, with no long-term contracts.Offer document, p.158
Sales in West Bengal
70%
Share of revenue billed in West Bengal in the eleven months to February 2025; exports were almost nil.Offer document, p.140 to 141 and p.144; our arithmetic
Related party stake
18.89% and 3.06%
Shares taken in HM Power and Cables in November 2025 and March 2026, through its preferential issues.Announcements, 27 November 2025, p.1 and 31 March 2026, p.1
Tax disputes
₹1.1 cr
Income tax penalty for assessment year 2018-19 that the company is contesting, besides smaller customs and GST demands.Annual report FY26, p.114

What the company said, and what happened

The company's own statements, attributed, set against what it later reported; not newboard's estimates

On the May 2026 call management said it expected FY27 sales of ₹330 cr to ₹350 cr, built on the rail clip line starting in July 2026 (₹30 cr to ₹35 cr in its first part year) and about ₹20 cr from flux-cored wire, and aimed to lift gross margin from about 12% to at least 15%, while saying this depended on the war and metal prices. It said trading would fall below a fifth of sales. Land for a new plant in western or southern India had not been finalised, and management said such a plant would not contribute in FY28. It also promised to publish sales every quarter.

₹330 cr to ₹350 crFY27 sales expectedMay 2026 call
15%Gross margin aimed forFY27, from about 12%
What management saidWhenWhat happened
FY26 revenue of ₹260 cr to ₹275 crNovember 2025 call₹243.0 cr; management blamed weak sales in March 2026
Machine use rising to 75% to 77% by the end of FY26November 2025 callElectrodes 86%, Dhulagarh MIG wire 74%, Jhajjar MIG wire 66%

Is it a good business? Six questions

Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.

Classic Electrodes earns a thin conversion margin turning steel wire rod into welding electrodes and wire, and adds a lower margin trading business on top.

Its weak spots are low margins next to larger rivals, a few big customers, and money placed in a related company.

WatchCan it set its own prices?It can pass steel price changes on in most orders, but competition sometimes forces it to give up margin, and wagon builders pushed back on prices in 2026.
The evidence. Management said there is no fixed rule and it at times cuts its margin to stay in the market; wagon builders resisted higher prices after metal costs rose.Earnings call, May 2026, p.5 to 6 and p.8
WatchHow strong is it against rivals?It is a small maker in a field with much larger listed companies, and its gross margin is lower than theirs.
The evidence. Management named Ador Welding, ESAB India and Diffusion Engineers as much larger players; gross margin was about 12% in FY26.Earnings call, May 2026, p.6 and p.9
WatchWho are its customers?A few large buyers take most of the sales and none are on long contracts; most sales are billed in West Bengal.
The evidence. Top ten customers were 68.43% of revenue in the eleven months to February 2025; West Bengal billing was ₹131.3 cr of ₹187.6 cr.Offer document, p.140 to 141 and p.158
AverageDoes it need a lot of money?Plants cost little next to sales, but stocks and customer credit tie up cash; IPO money was used to repay short-term loans.
The evidence. The current ratio rose to 2.65 from 1.45 as short-term borrowings were repaid from IPO proceeds.Annual report FY26, p.57 and p.116
AverageCan it keep finding new work?Repeat buying by fabricators and dealers keeps orders coming, and two new products open fresh markets, but there is no long order book.
The evidence. Running orders were about ₹15 cr to ₹20 cr in November 2025; flux-cored wire and rail clips were added in 2025 and 2026.Earnings call, November 2025, p.7; Investor presentation, May 2026, p.8
WatchDo good and bad years swing a lot?Profit has moved sharply with steel prices and demand from building and railway work, and a war hit sales in March 2026.
The evidence. Profit margin was 1.38% in FY23 and 6.34% in FY24; management said sales fell in the last fortnight of March 2026 because of the war.Offer document, p.144; Earnings call, May 2026, p.5

Who runs Classic Electrodes (India)?

Promoters, directors and officers; tap a name for the background

SKSushil Kumar AgarwalPromoter and Managing Director · holds 3.83%

A commerce graduate with over 26 years of experience, based in New Delhi and responsible for manufacturing, finance and overall operations in Haryana. A director since July 2010; reappointed Managing Director for five years from March 2023. The offer document records Sushil Kumar Agarwal as the brother of Hanuman Prasad Agarwal.

Offer document, p.178 and p.182 to 183
HPHanuman Prasad AgarwalPromoter, Chairman and Non-Executive Director · holds 3.86%

A commerce graduate with over 26 years of experience. Managing Director from incorporation in 1997, a director from 2018 and non-executive since March 2024; manages the group's finance needs and is Managing Director of Kritika Wires Limited. Also a director of HM Power and Cables.

Offer document, p.178 to 179 and p.181
SKSunil Kumar MittalPromoter and Executive Director

A commerce graduate with over 26 years of experience, a director since April 2009, leading marketing and sales from Kolkata. The offer document records Sunil Kumar Mittal as the brother-in-law of Hanuman Prasad Agarwal.

Offer document, p.179 and p.181 to 182
NANitesh AgarwalPromoter and Executive Director

Holds a master's degree in management from the University of Edinburgh and had more than six years of experience at listing; a director since March 2018, running the Kolkata factory and marketing. Led the company's earnings calls in 2026. The offer document records Nitesh Agarwal as the son of Naresh Kumar Agarwal.

Offer document, p.179 to 180 and p.182; Investor presentation, May 2026, p.18
AAAyush AgarwalPromoter and Executive Director

Holds a master's degree in international business management from Edinburgh Napier University and had more than five years of experience at listing; a director since May 2018, running the Haryana factory. The offer document records Ayush Agarwal as the son of Sushil Kumar Agarwal.

Offer document, p.178 and p.182; Investor presentation, May 2026, p.18
NKNaresh Kumar AgarwalPromoter

A Bachelor of Commerce from the University of Calcutta with 27 years in trading and manufacturing of welding electrodes and steel wire. A partner in Jai Hanuman Industrial Corporation, a related party.

Offer document, p.199; Annual report FY26, p.32
AMAshish MurarkaChief Financial Officer

A commerce graduate and fellow member of the Institute of Company Secretaries of India with more than 15 years in finance and accounts. Joined in 2008 as accounts manager, later company secretary, and CFO since March 2024.

Offer document, p.192
NJNiraj JindalIndependent Director

A chartered accountant and commerce graduate who serves small and mid-sized businesses in eastern India; on the board since March 2025 and a director of Kritika Wires Limited. Spoke for the company on both earnings calls.

Offer document, p.181 to 182; Earnings call, November 2025, p.5

Classic Electrodes (India) latest news and announcements

Announcements · Documents · Corporate actions

What changed recently

Each half-year is set against the same half a year earlier

  • H2 FY26: sales ₹121 cr (+21%), net profit ₹6.2 cr (+13%) on H2 FY25.
  • Shareholding, 30 Sept 2026: promoters unchanged at 72.01%; Aarth AIF Growth Fund no longer named at 1% or more (was 1.32%).
  • 28 Aug 2026: an order announced.

Classic Electrodes (India) announcements

73 on record, latest first; each opens the filing on the exchange

Classic Electrodes (India) annual reports, earnings calls and documents

Every document links to its source; “read” marks those this page is built from

Offer document
Earnings calls
Investor presentations
Annual reports

Classic Electrodes (India) share split, bonus and dividends

From the corporate actions the company announces on the exchange

No share split, bonus issue or dividend is on record since listing.

Checks we ran on Classic Electrodes (India)'s data · 9

Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.

  • ✓Balance sheet totals add up for FY25 and FY26.
  • ✓Market cap uses the share count in the latest shareholding pattern (1,79,64,950 shares).
  • ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
  • ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
  • ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
  • ✓The two half-years of FY26 add up to the full-year sales.
  • ✓Earnings per share moves in line with profit across the years shown.
  • ✓Revenue and profit are reported for every year shown, FY20 to FY26.
  • iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.

Questions people ask about Classic Electrodes (India)

What does Classic Electrodes (India) do?

Classic Electrodes makes welding electrodes and welding wire for fabricators, wagon builders and other factories, and also trades the steel wire rods those products are made from. Its shares trade on NSE Emerge.

What is the share price of Classic Electrodes (India)?

₹47.5 at the close on 6 Nov 2026, from the exchange's daily figures.

What is the market cap of Classic Electrodes (India)?

₹85 cr at the close on 6 Nov 2026, on 1,79,64,950 shares.

What is the P/E of Classic Electrodes (India)?

6.7 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).

What are Classic Electrodes (India)'s revenue and profit?

Revenue ₹243 cr and profit after tax ₹13 cr in FY26.

Who are the promoters of Classic Electrodes (India)?

Sushil Kumar Agarwal, Hanuman Prasad Agarwal, Sunil Kumar Mittal, Nitesh Agarwal, Ayush Agarwal, Naresh Kumar Agarwal; promoters held 72.01% at 30 Sept 2026.

What was the IPO price of Classic Electrodes (India)?

₹87 a share; it listed on 1 Sept 2025.

What is Classic Electrodes (India)'s website?

www.classicelectrodes.com

More SME companies like Classic Electrodes (India)

Other listed SME companies in industrial products, the closest in size first, each read from its own documents.

Every listed SME company in Industrial Products → · SME companies listed in 2025 →

Built from 2 earnings call transcripts, 2 annual reports, 2 press releases, 1 offer document, 1 result filing, 1 investor presentation, 73 exchange announcements, 4 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.