Upper Circuit Alert: Leading Manufacturer of Welding Wlectrodes and MIG Wires Reports 6.18 Per Cent Revenue Growth in FY25
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The debt-equity ratio improved to 1.20x in FY25 from 1.36x in FY24, showing reduced reliance on borrowings.
Classic Electrodes (India) Limited has announced its financial results for the year ended 31st March 2025. The company reported revenue of Rs 20,579.49 lakhs in FY25, reflecting a 6.18 per cent growth from Rs 19,382.12 lakhs in FY24. The increase was supported by higher sales volumes and an expanded customer base despite fluctuations in raw material costs and industry pressures.
EBITDA rose by 4.65 per cent to Rs 2,227.21 lakhs, aided by improved cost controls and operational scale. Profit After Tax (PAT) saw a stronger rise, growing 21.55 per cent to Rs 1,161.61 lakhs compared to the previous year. PAT margin also improved to 5.64 per cent in FY25 from 4.93 per cent in FY24, indicating healthier profitability.
Earnings per share increased to Rs 8.80 in FY25 from Rs 7.24 in FY24. The company’s net worth stood at Rs 4,520.67 lakhs, up from Rs 3,359.04 lakhs in FY24, reflecting steady value creation for shareholders. With equity capital of Rs 1,319.38 lakhs and reserves of Rs 3,201.29 lakhs, Classic Electrodes maintained a strong financial base.
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The debt-equity ratio improved to 1.20x in FY25 from 1.36x in FY24, showing reduced reliance on borrowings. Despite volatility in input prices, the company effectively managed costs and working capital to safeguard margins.
“FY25 has been a defining year for Classic Electrodes, marked by revenue growth, higher operating margins, and a stronger balance sheet,” said Sushil Kumar Agarwal, Managing Director. “Our strategic focus on efficiency and financial prudence has helped us deliver improved profitability despite cost challenges. The successful listing on NSE Emerge in September 2025 further strengthens our journey of transparency and growth. Looking ahead, we are committed to expanding our manufacturing capabilities, deepening customer relationships, and creating sustainable value for all stakeholders.”
Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires. The company manufactures welding electrodes and provides engineering solutions to domestic and international customers. Classic Electrodes offers a diverse range of welding consumables designed for various industrial applications.
The company caters to diverse, capex-driven industries including infrastructure, power, railways, automotive, shipbuilding, renewables, and defence.
The company is also foraying into flux-cored wire production with an annual capacity of 2,000 MT, becoming the first in Eastern India to do so, and is investing strategically in automation to enhance productivity and scalability.
At Classic Electrodes, the company adhere to stringent quality control measures at every stage of production. The products are certified by top agencies – Indian Register of Shipping, Bureau of Indian Standards, MN Dastur & Co, IBR, Lloyds Register, RDSO, ONGC (Registered vendor) and Conformité Européenne.
Disclaimer: The article is for informational purposes only and not investment advice.