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Earnings Call

Classic Electrodes (India) Earnings Call: Key Takeaways

Classic Electrodes reported 18.48% YoY FY26 revenue growth to ₹244.21cr. Management is diversifying into high-margin segments like Elastic Railway Clips (ERC) and flux-cored wire to improve margins.

Highlights
Revenue growthFY26 revenue up 18.48% YoY; guiding ₹330-350cr for FY27.
MarginsGross margin dipped to 12.8%; targeting recovery to 15%.
Demand visibilityStrong demand from infrastructure, railways, and industrial sectors.
Management confidenceHigh for new product segments (ERC and flux-cored wire).

Growth

FY26 Total Income at ₹244.21cr (+18.5%); EBITDA at ₹23.87cr (9.78% margin); PAT at ₹12.64cr (5.18% margin).

Outlook

FY27 revenue guidance of ₹330-350cr (+35% to 43%); targeting 15% gross margin; new ERC facility starting July 2026.

Risks

Raw material price volatility; global economic pressure from war; potential margin compression in direct supply segments.

Source

Earnings Call filed with NSE, NSE: CLASSICEIL. Summary written with AI assistance from the document.

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Classic Electrodes (India) Ltd: key numbers

Share price
₹52.00
Market cap
₹93.42 Cr
Revenue (annual)
₹243.0 Cr
Net profit (annual)
₹12.64 Cr
P/E (TTM)
7.4×Sector 53.6×
Promoter holding
72.02%
FII holding
5.62%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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