ROYALARC

Royal Arc Electrodes Limited

Listed company · ISIN INE0EO401019 · NSE SM · FV ₹10
Last price
₹150
-4.46%today
What this company does

Royal Arc Electrodes Limited is a listed company. It booked ₹63 cr of revenue in its latest half year (H2 FY26) and kept 9.1% of sales as profit.

63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns66

How much profit it earns on the money it employs

Balance sheet92

How much it owes, and whether earnings cover the interest

Cash quality46

Whether reported profit actually arrives as cash

Valuation12

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 13% vs last year
✓ Promoters hold 73%
✓ No promoter shares pledged
✓ Strong 16% return on equity
✓ Virtually debt-free
Watch-outs
None flagged from our data

What if I invest in ROYALARC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹150▼ -4.46%
latest close · 2026-11-02
52-wk low ₹14746 sessions so far52-wk high ₹197
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.5Low
LowAverageHigh
P/B ratio2.37Moderate
Below bookModerateHigh
EV / EBITDA9.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.3%Strong
WeakFairStrong ▸15%
Return on capital19.2%Strong
WeakFairStrong
Net margin9.1%Decent
ThinDecentStrong
EBITDA margin12.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover99.6×Strong
RiskyOkayStrong ▸5×
Current ratio6.80Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹167 cr
Book value
₹63
EPS
₹5.16
latest half year
Net debt
₹-14 cr
more cash than debt
Enterprise value
₹152 cr
EBITDA
₹16 cr
annualised
EBIT
₹16 cr
annualised
Operating margin
12.5%
Return on assets
12.6%
Earnings yield
6.88%
P/S
1.32
Sales / share
₹113.9
Tax rate
27.0%
Face value
₹10
Shares
1.1 cr
Working capital
₹50 cr
Current assets
₹59 cr
Current liabilities
₹9 cr
Delivery %
90.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-02.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹67 vs market price ₹150 — price is 124% above it
Safety cushion-124.3%(target ≥ +20%)
Models span ₹58–₹107, midpoint ₹67
Model ₹67
Price ₹150
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹63 cr
Other Income₹1 cr
Total Income₹64 cr
Cost of Materials₹44 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹4 cr
Finance Costs₹8 L
Other Expenses₹5 cr
Total Expenses₹57 cr
Profit before Tax₹8 cr
Tax Expense₹2 cr
Net Profit₹6 cr
Net margin on total income8.9%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹46 cr71.5%
Employee benefit expense₹4 cr5.8%
Finance costs₹8 L0.1%
Other expenses₹7 cr10.4%
Tax expense₹2 cr3.3%
Profit for the period₹6 cr8.9%
Total income ₹64 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue56 cr53 cr63 cr
Total income56 cr54 cr64 cr
Expenses48 cr48 cr57 cr
Profit before tax8 cr6 cr8 cr
Tax2 cr1 cr2 cr
Net profit (owners' share)6 cr4 cr6 cr
Net margin (owners' share, on revenue)10.5%8.2%9.1%
EPS (₹)6.123.895.16
YoY (latest quarter): total income +14.6% · net profit -2.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹91 cr
Shareholder equity
₹70 cr
parent shareholders
Total debt
₹20.4 L
Cash
₹14 cr
Corporate actions
Dividend yield
0.33%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 21 Aug 2026
ActionDetailEx-date
Dividend₹0.5 / share21 Aug 2026
Who owns it · 2026-09-30
No pledge
Promoter
73.0%
FII / Foreign
5.0%
DII / Domestic
—
Retail / others
22.0%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Aug 2026
See the official result
1
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
Backed by 100% of shareholders other than promotersneeded 50%
1.19 L votes for, 0 against
2
TO APPOINT DIRECTOR IN PLACE OF MR. SWAGAT BIPIN SANGHVI (DIN: 01695341), WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFER HIMSELF FOR RE-APPOINTMENT
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.19 L votes for, 0 against
3
TO DECLARE FINAL DIVIDEND ON EQUITY SHARES OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.19 L votes for, 0 against
4
TO RE-APPOINT MR. BIPIN SHANTILAL SANGHVI (DIN: 00462839) AS CHAIRMAN & MANAGING DIRECTOR
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
1.19 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 36 named members
owning 73.0% between them · as of 2026-09-30
HARDIK BIPIN SANGHVI21.17%
SWAGAT B SANGHVI21.17%
TARULATA BIPIN SANGHVI14.78%
BIPIN SHANTILAL SANGHVI6.50%
AMI HARDIK SANGHVI4.67%
POOJA SWAGAT SANGHVI4.67%
Binaben Shahno shares
Bipin Sanghvi HUFno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹22 cr raised in Feb 2025 by selling shares to the public

As of Mar 2026, the company says it has spent 99% of what it set aside, leaving ₹12.8 L still to be spent.

Funding Towards the expansion of our manufacturing facility situated at the village Zaroli Umbergaon Valsad, Gujrat, Bharat
100%
₹5 cr of ₹5 cr
Funding the Working Capital Requirements of our Company
100%
₹1 cr of ₹1 cr
General Corporate Purposes
95%
₹3 cr of ₹3 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.