Classic Electrode (Ind) L
✓Strengths
- Low debt: debt-to-equity of 0.21.
- Comfortable interest cover: operating profit covers interest about 5.8 times.
- Return on equity is healthy at 18.1%.
- Return on capital employed is healthy at 19.3%.
- Net profit margin is 5.4%.
- Profit has compounded about 59% a year over five years.
- Sales have compounded about 22% a year over five years.
- Promoters hold a majority stake (72.02%).
!Watch-points
- Recent profit growth (9%) is slower than the five-year pace (59%).
These points are generated automatically from the company’s reported figures to highlight what stands out. They are descriptive observations for educational purposes only — not advice or a recommendation to buy, sell, or hold.
Forensic Checks
Altman Z-ScoreSafe zone
3.64
In Altman’s original study, companies in this range showed a low incidence of financial distress.
Computed without the working-capital term (current-asset split not available for this stock).
Piotroski F-ScoreModerate
5 / 7
The F-Score adds one point for each of several year-on-year signs of improving profitability, lower leverage and better efficiency. Higher is generally stronger.
Based on 7 of the 9 signals — the rest need data not available for this stock.
These are well-known academic screening models, shown for educational context only. They describe historical financial patterns and are not predictions, advice, or a recommendation to buy, sell, or hold.
Key Ratios
Market Cap₹ 101 Cr
Current Price—
High / Low₹ 114.00 / 34.80
Stock P/E7.97
Book Value₹ 53.00
Dividend Yield0.00%
ROCE19.30%
ROE18.10%
Face Value₹ 10.00
Debt to Equity0.21
PEG Ratio0.10
EV / EBITDA4.65
Industry PE22.20
P/B Ratio1.06
EPS₹ 7.04
Debt₹ 20 Cr
PAT Margin5.35%
Cash PAT₹ 16 Cr
ICR5.75
Promoter Holding72.02%
FII Holding5.62%
DII Holding4.50%
Public Holding17.86%
Note on calculated ratios: where a value is not published in the source data, we compute it from the reported financials — Debt to Equity = total borrowings ÷ (equity capital + reserves); EV / EBITDA = (market cap + debt − cash) ÷ (operating profit + depreciation); PEG = P/E ÷ 3-year profit growth %. These may differ slightly from other sources that use different periods or TTM figures. Current Price, Market Cap and P/E reflect the live quote (cached 15 min).
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity