RASI ELECTRODES LTD has announced its financial results for the year ended March 31, 2026. The company reported a net profit of ₹351.57 lakhs, with earnings per share at ₹1.15. The Board has recommended a final dividend of Re.0.20 per equity share. The company will also hold its 32nd Annual General Meeting (AGM) on September 28, 2026, to adopt the financial statements and re-appoint directors.
Financial Performance Highlights
RASI ELECTRODES LTD has presented its financial performance for the fiscal year ending March 31, 2026. The company posted a net profit of ₹351.57 lakhs, an increase from the previous year. Earnings per equity share stood at ₹1.15. The total comprehensive income for the period was ₹358.39 lakhs. The company’s balance sheet shows total assets of ₹4,120.74 lakhs and total equity of ₹3,885.24 lakhs.
Dividend Recommendation and AGM Details
The Board of Directors has recommended a final dividend of Re.0.20 per equity share (10%) for the financial year ended March 31, 2026, amounting to a total payout of ₹62.26 lakhs. This recommendation is subject to shareholder approval at the upcoming 32nd Annual General Meeting (AGM). The AGM is scheduled to be held on Monday, September 28, 2026, at 9:30 AM via Video Conferencing and Other Audio Visual Means (OAVM). The notice convening the AGM and the Annual Report for 2025-2026 are being dispatched electronically to shareholders.
Key Operational Updates
In terms of operational performance, the company produced 1985.748 MTs of welding electrodes and 4841.183 MTs of CCMS Wire during the year. The company is also in the process of installing a 100 KWA Solar Power Plant on a trial basis. The company has maintained its ISO 9001:2015 certification and its products are approved by RDSO for supply to Indian Railways and ICF.
Directors and Governance
The report details the composition of the Board of Directors, including independent and non-independent directors. Mrs. Payal Jain, a retiring director, is seeking re-appointment. The company has also proposed the appointment of Mr. S Hari Krishnan as its Secretarial Auditor for a period of five years. All directors have affirmed compliance with the Code of Conduct.
Source: BSE
