Royal Arc Electrodes Ltd

Royal Arc Ele. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Royal Arc Electrodes Ltd

₹ 158 6.76%
14 Nov 11:14 a.m.
royalarc.in NSE - SME: ROYALARC
About

Incorporated in 1996, Royalarc Electrodes Limited is engaged in manufacturing welding consumables such as welding electrodes, flux cored wire, and MIG/TIG wires.[1]

Key Points

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.

Website NSE - SM
  • Market Cap ₹ 175 Cr.
  • Current Price ₹ 158
  • High / Low ₹ 188 / 114
  • Stock P/E 16.6
  • Book Value ₹ 68.6
  • Dividend Yield 0.32 %
  • ROCE 22.2 %
  • ROE 16.4 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 51.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%

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

Industrials Capital Goods Industrial Products Electrodes & Refractories

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Half Yearly Results

Figures in Rs. Crores

Sep 2024 Mar 2025 Sep 2025
46 56 53
40 46 46
Operating Profit 5 10 7
OPM % 12% 17% 13%
0 -0 1
Interest 0 0 0
Depreciation 1 2 2
Profit before tax 4 8 6
Tax % 27% 24% 25%
3 6 4
EPS in Rs 3.38 5.29 3.88
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Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
65 64 64 43 63 97 100 102 109
59 58 61 40 59 82 83 87 92
Operating Profit 6 6 3 3 4 15 17 15 17
OPM % 9% 9% 5% 7% 6% 15% 17% 15% 15%
0 0 1 2 2 1 1 0 0
Interest 3 3 1 1 1 1 0 0 0
Depreciation 2 2 2 2 2 2 2 3 3
Profit before tax 2 2 2 2 3 13 16 12 14
Tax % 37% 34% 23% 27% 25% 27% 27% 25%
1 1 1 2 2 10 12 9 10
EPS in Rs 5.33 6.48 6.54 8.63 11.65 52.58 12.83 8.12 9.17
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 10%
3 Years: 17%
TTM: 2%
Compounded Profit Growth
10 Years: 25%
5 Years: 51%
3 Years: 64%
TTM: -21%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 26%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 2 2 2 2 2 2 9 11 11
Reserves 9 11 15 17 19 29 33 61 65
28 24 12 8 8 1 0 1 6
13 12 10 12 14 12 10 8 12
Total Liabilities 52 48 39 39 42 44 52 81 93
21 18 15 16 15 14 16 20 19
CWIP 1 0 0 0 0 0 1 2 2
Investments 0 0 0 0 0 1 2 1 2
30 30 25 24 28 29 33 57 70
Total Assets 52 48 39 39 42 44 52 81 93

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
7 3 6 7 2 13 6 5
-8 2 1 -3 -1 -2 -6 -7
-1 -5 -8 -5 -2 -7 -2 20
Net Cash Flow -2 0 -2 -0 -0 3 -2 18

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 56 61 61 90 76 62 76 75
Inventory Days 104 104 83 102 84 33 50 75
Days Payable 76 69 55 95 79 42 30 25
Cash Conversion Cycle 83 96 90 97 81 53 96 125
Working Capital Days 96 103 40 67 51 52 83 106
ROCE % 12% 12% 14% 46% 44% 22%

Shareholding Pattern

Numbers in percentages

Mar 2025Sep 2025
72.96% 72.96%
7.14% 5.24%
0.19% 0.00%
19.71% 21.79%
No. of Shareholders 488397

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

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