Classic Electrod

: CLASSICEIL · Other Industrial Products

52W Range₹35 ₹114

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Snapshot

Unlock Classic Electrod's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Classic Electrodes (India) Limited is a manufacturer specialising in welding consumables, specifically electrodes and MIG wires. The company serves the domestic Indian market and maintains quality standards through ISO-9001 certification and BIS licenses.

Business Model

The company generates revenue through the manufacturing and sale of industrial welding consumables. It leverages its established market presence and regulatory certifications to supply products to various industrial sectors.

  • Established:1997

Growth Outlook

Growth is primarily driven by the demand for welding consumables within the domestic industrial and infrastructure sectors. The company's focus on maintaining BIS and ISO certifications supports its competitive positioning in the Indian market.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the prices of steel and other metal components can significantly impact manufacturing margins.
  • Sectoral Cyclicality. Demand for welding consumables is highly dependent on the capital expenditure cycles of the infrastructure and manufacturing industries.
  • Competitive Intensity. The welding consumables market faces intense competition from both organised players and unorganised local manufacturers.

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Peers · Other Industrial Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Classic ElectrodCLASSICEIL
₹102 Cr9.0%
Mallcom (India)MALLCOM
₹624 Cr23.3212.963.9%10.9%8.7%13.8%-20.6%
Simplex CastingsSIMPLEXCAS
₹439 Cr3.7412.2718.0%19.6%30.0%33.7%-70.7%
Sealmatic IndiaSEALMATIC
₹435 Cr15.0%-20.8%
United HeatUHTL
₹273 Cr14.3%+96.7%
Indian Link Chain Mnfrs. Ltd.INLCM
₹102 Cr-700.0%6.6%5.2%-70.9%

As of Mar 2026

Financials