Rasi Electrodes Ltd. (BSE: 531233) is a Chennai, Tamil Nadu-based company in the Metalworking Machinery and Equipment industry. With a market capitalisation of ₹42 Cr, it ranks #4,002 by market cap among the 6,137 Indian listed companies on FinBizNet, and #18 of 24 in Metalworking Machinery and Equipment. At ₹12.57 (as of 25 Oct 2026), the share price is 40.3% below its 52-week high of ₹21.05 and 35.6% above its 52-week low of ₹9.27. The share price is down 26.9% over one year and down 1.0% over three months.
| Current Price | ₹12.57 |
|---|---|
| Market Cap | ₹42 Cr |
| BSE Code | 531233 |
| Sector | Industrials > Capital Goods > Machinery |
| Sub-Industry | Industrial Machinery and Supplies and Components > Metalworking Machinery and Equipment |
| P/E Ratio | 11.7 |
| Return on Equity | 8.07% |
| Return on Assets | 4.07% |
| 52-Week Range | ₹9.27 – ₹21.05 |
| 1-Year Price Change | -26.9% |
| 3-Month Price Change | -1.0% |
| Beta (1Y) | 0.48 |
| Dividend Yield | 1.48% |
| Headquarters | Chennai, Tamil Nadu |
| Website | rasielectrodes.com |
Rasi Electrodes Limited manufactures and markets welding electrodes and consumables under the RASI brand in India. The company offers low heat input welding alloys for cast iron, copper and non-ferrous alloys, cutting and gouging, nickel and nickel alloys, hard facing and wear resistance, dissimilar and stainless steels, and steel; metal inert gas wires, such as copper coated mild steel, low alloy high tensile, stainless steel, and zero-copper mild steel welding wires; and tungsten inert gas wires, including aluminum, brazing, and stainless-steel filler, as well as mild steel and low alloy wires. It also provides submerged arc welding wires and welding flux; welding electrodes comprising cast iron, cutting and couging, general purpose mild steel welding, hard surfacing welding, low hydrogen and creep resistance, non-ferrous, pipe welding, and stainless-steel welding electrodes; and tungsten rods. In addition, the company offers natural rutile ores; grinding and cutting wheels; and carb
1. Welding Electrodes and CCMS Wire-This segment engages in the manufacture and marketing welding electrodes.
1. Welding Electrodes and CCMS Wire-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Esab India Ltd | ₹8,394 Cr | 40.4 | 52.28% | ₹421 Cr | +9.0% |
| Omnitech Engineering Ltd | ₹7,540 Cr | 81.2 | 17.96% | ₹167 Cr | — |
| Macpower Cnc Machines Limited | ₹1,926 Cr | 54.1 | 21.30% | ₹95 Cr | +114.6% |
| Diffusion Engineers Limited | ₹1,535 Cr | 30.1 | 13.01% | ₹110 Cr | +2.8% |
| Lokesh Machines Ltd. | ₹933 Cr | 201.3 | 1.75% | ₹55 Cr | +87.2% |
| Sunita Tools Limited | ₹801 Cr | 120.7 | — | — | +34.0% |
| Forbes Precision Tools and Machine Parts Limited | ₹742 Cr | 25.1 | 17.19% | ₹68 Cr | -22.2% |
| Gee Ltd. | ₹645 Cr | 49.3 | 6.36% | — | +33.5% |
| Rasi Electrodes Ltd. | ₹42 Cr | 11.7 | 8.07% | — | -26.9% |
Listed by market capitalisation. Ratios are shown for context only.
Rasi Electrodes Ltd. is trading at ₹12.57, with a market capitalisation of ₹42 Cr.
Rasi Electrodes Ltd. operates in the Industrials > Capital Goods > Machinery space (Industrial Machinery and Supplies and Components > Metalworking Machinery and Equipment).
Rasi Electrodes Ltd. has a P/E of 11.7 and a return on equity of 8.07%.
Rasi Electrodes Ltd. is listed on the BSE under the scrip code 531233.
Rasi Electrodes Ltd.'s share price is down 26.9% over one year and down 1.0% over three months. Its 52-week range is ₹9.27 to ₹21.05.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.