Classic Electrodes schedules FY26 earnings call on May 21

0 min read     Updated on 20 May 2026, 11:53 AM
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Classic Electrodes (India) Limited will hold an earnings call on May 21, 2026, at 4:00 PM to review financial results for the period ended March 31, 2026. Key speakers include Director Mr. Nitesh Agarwal and Independent Director Mr. Niraj Jindal. Investors must register online to access the conference dial-in details.

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classic electrodes (india) has scheduled an earnings call to discuss the financial results for the half year and year ended March 31, 2026. The meeting is set to take place on May 21, 2026, at 4:00 PM. The company stated that the schedule is subject to change due to exigencies on the part of investors or the company.

Participation Details

Investors and members are required to register via the Diamond Pass weblink to receive the dial-in details and other necessary information for the call. The company has provided universal dial-in numbers for participants.

Key Participants

The earnings call will feature presentations from key members of the company's leadership. The scheduled speakers include:

Name Role
Mr. Nitesh Agarwal Director
Mr. Niraj Jindal Independent Director

Conference Access

Participants can join the conference using the following dial-in numbers:

  • +91 22 6280 1446
  • +91 22 7115 8389

Attendees are advised to dial in 10 minutes prior to the scheduled start time to ensure timely connection.

Historical Stock Returns for Classic Electrodes (India)

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.13%-15.31%-41.53%-45.84%-45.84%

What key financial metrics and growth targets is Classic Electrodes India likely to highlight for FY2026, given current trends in the welding electrodes and allied products sector?

How might rising raw material costs and supply chain disruptions in the steel and metal industry impact Classic Electrodes India's margins for the reported period?

Will the management provide any forward guidance on capacity expansion or new product launches that could drive revenue growth in FY2027?

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Classic Electrodes FY26 Net Profit Rises 8.8% to ₹1,264.03 Lakh

2 min read     Updated on 20 May 2026, 10:58 AM
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Classic Electrodes (India) Limited announced its audited financial results for FY26, reporting a net profit of ₹1,264.03 lakh, an 8.82% increase from the previous year. Total income rose 18.48% to ₹24,421.18 lakh, driven by strong demand in electrodes and MIG wires and the successful scale-up of Flux Cored Wire. The company reduced short-term borrowings, strengthening its balance sheet, and utilized ₹3,734.37 lakh of its IPO proceeds.

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classic electrodes (india) has announced its audited standalone financial results for the year ended March 31, 2026. The company reported a net profit of ₹1,264.03 lakh for the fiscal year, marking an increase of 8.82% from ₹1,161.62 lakh in the previous year. Total income for the year rose by 18.48% to ₹24,421.18 lakh, compared to ₹20,612.53 lakh in FY25.

Financial Performance

For the half year ended March 31, 2026 (H2 FY26), the company recorded a net profit of ₹620.46 lakh, a growth of 13% from ₹549.07 lakh in the corresponding period of the previous year. H2 FY26 total income stood at ₹12,118.13 lakh, up 20.68% from ₹10,041.40 lakh. The EBITDA for H2 FY26 was reported at ₹1,193.65 lakh, with a margin of 9.85%, while the net profit margin was 5.12%.

For the full year FY26, the EBITDA increased to ₹2,387.24 lakh from ₹2,228.45 lakh in FY25, resulting in an EBITDA margin of 9.78%. The net profit margin for the year stood at 5.18%. The basic earnings per share (EPS) for FY26 was reported at ₹7.04, compared to ₹8.80 in the previous year. The paid-up equity share capital as of March 31, 2026, was ₹1,796.50 lakh, with a face value of ₹10 per share.

Particulars Year Ended 31.03.2026 (₹ in Lakh) Year Ended 31.03.2025 (₹ in Lakh)
Revenue from operations 24,296.52 20,579.49
Total Income 24,421.18 20,612.53
Total Expenses 22,710.72 19,123.45
Net Profit 1,264.03 1,161.62
Basic EPS (₹) 7.04 8.80

Operational Highlights

The company noted stable core demand across electrodes and MIG wires, supported by fabrication, infrastructure, and industrial sectors. A key operational highlight was the successful scale-up of Flux Cored Wire, which strengthened the product mix and supported higher-margin growth. The company also focused on manufacturing efficiency through debottlenecking and automation initiatives to improve throughput and capacity utilization. Additionally, the trading segment contributed consistently to overall revenue growth.

Total expenses for the year increased to ₹22,710.72 lakh from ₹19,123.45 lakh in the prior year. The cost of materials consumed was ₹13,570.00 lakh, while purchases of stock-in-trade amounted to ₹6,447.49 lakh. Finance costs for the period were ₹361.70 lakh, a decrease from ₹509.92 lakh in FY25. The company significantly reduced short-term borrowings during FY26, strengthening its balance sheet and liquidity position.

IPO Fund Utilization

The company completed its Initial Public Offer (IPO) of 47,71,200 equity shares at an issue price of ₹87 per share, aggregating to ₹4,150.94 lakh. The shares were listed on the NSE SME Platform on September 1, 2025. As of March 31, 2026, the company had utilized ₹3,734.37 lakh of the IPO proceeds, leaving ₹416.56 lakh unutilized in the designated public offer account. The funds were utilized for capital expenditure, prepayment of borrowings, working capital requirements, general corporate purposes, and IPO expenses.

Historical Stock Returns for Classic Electrodes (India)

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.13%-15.31%-41.53%-45.84%-45.84%
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