RASI ELECTRODES LTD.

Manufactures welding electrodes and CO2 welding wire. FY26 revenue from operations was Rs 7,201.80 lakhs, down from Rs 8,144.18 lakhs in FY25 (an 11.6% decline), while net profit rose to Rs 351.57 lakhs from Rs 273.77 lakhs as the cost of materials consumed fell to Rs 5,469.18 lakhs. Materials account for 75.9% of revenue, making raw material prices the dominant cost driver, with employees at 6.8% and other operating expenses at 11.6% of revenue. The Board approved selling 2.28 acres of surplus vacant land in Manjankaranai Village, Tiruvallur District, Tamil Nadu for Rs 300 lakhs (around 7.7% of net worth of Rs 3,885.24 lakhs as on 31 March 2026), and the company abandoned a previously planned grocery/staples trading expansion, citing an unfavourable business environment. It is also setting up a 100 KWA solar plant, with a related-party arrangement to supply power at Rs 7 per unit to Kashyap Wire Products over a 5-year contract. A final dividend of Rs 0.20 per equity share (on Rs 2 face value) was recommended for FY26, and the statutory auditor issued an unmodified opinion on the accounts.