Classic Electrodes (India) (NSE:CLASSICEIL) Buyback Yield %: -57.76 (As of Sep. 22, 2026)

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
21 GF Score
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! 1 Warning Sign
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What is Classic Electrodes (India) Buyback Yield %?

Classic Electrodes (India) NSE:CLASSICEIL 21 Buyback Yield % is -57.76 as of Sep. 22, 2026. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 625 Industrial Products companies, Classic Electrodes (India) ranks worse than 92.16% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Classic Electrodes (India)'s current buyback yield was -57.76%.


Classic Electrodes (India) Buyback Yield % Related Terms


Classic Electrodes (India) Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Classic Electrodes (India)'s Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Classic Electrodes (India) Buyback Yield % Chart

Classic Electrodes (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Buyback Yield %
Get a 7-Day Free Trial - - - - -57.76

Classic Electrodes (India) Semi-Annual Data
Sep24 Mar25 Sep25 Mar26
Buyback Yield % - - -22.33 -57.76

NSE:CLASSICEIL vs VRT, BE: Buyback Yield % Comparison

For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'s Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Classic Electrodes (India) Buyback Yield % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Classic Electrodes (India)'s Buyback Yield % falls into.


NSE:CLASSICEIL
21GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Classic Electrodes (India)'s Buyback Yield for the fiscal year that ended in Mar. 2026 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-0 + 373.585) / 646.7382
=-57.76%

Classic Electrodes (India)'s annualized Buyback Yield for the quarter that ended in Mar. 2026 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-0 + 373.585) / 646.7382
=-57.76%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of -57.76 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Buyback Yield % of -57.76 as of Sep. 22, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Classic Electrodes (India) and its competitors. According to the industry distribution chart, Classic Electrodes (India) ranks #576 out of 625 companies in the Industrial Products industry, placing it in the top 92.2%.
Is Classic Electrodes (India)'s Buyback Yield % too high?
Classic Electrodes (India)'s current Buyback Yield % is -57.76. Based on the distribution chart, Classic Electrodes (India) ranks #576 out of 625 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Buyback Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #576 out of 625 companies for Buyback Yield %. This places Classic Electrodes (India) in the lower half of its industry. The industry median Buyback Yield % is 0.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for an Industrial Products company?
The median Buyback Yield % among Industrial Products companies is 0.01, based on 625 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Buyback Yield % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Buyback Yield % is -57.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Buyback Yield % of -57.76. The current Buyback Yield % is -57.76. Classic Electrodes (India)'s overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Classic Electrodes (India) (NSE:CLASSICEIL), the current Buyback Yield % is -57.76 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is an Indian manufacturer of welding consumables and related products. Its range includes general purpose, low alloy, low hydrogen, stainless steel, hard facing, cast iron, non-ferrous and low heat input electrodes, along with cutting and gauging electrodes and MIG wires. The company also designs, develops and manufactures specialized industrial equipment and components for original equipment manufacturers and end-user industries, and provides engineering solutions. It focuses on alloy and process development, quality and design so that products can be tailored to customer requirements. Customers are primarily industrial buyers in fabrication, engineering and manufacturing sectors, served in both the domestic Indian market and international markets. Revenue is generated mainly through the sale of welding electrodes, wires and engineered components, supplemented by engineering solutions and custom manufacturing work for OEMs and industrial end users.
21GF Score

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