Classic Electrodes (India) (NSE:CLASSICEIL) Financial Strength: 7 (As of Mar. 2026) — 17% Above Median

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
21 GF Score
Price ₹56.25
! 1 Warning Sign
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What is Classic Electrodes (India) Financial Strength?

Classic Electrodes (India) NSE:CLASSICEIL -4.82% 21 Financial Strength is 7 as of Mar. 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

Classic Electrodes (India) has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Classic Electrodes (India)'s Interest Coverage for the quarter that ended in Mar. 2026 was 7.20. Classic Electrodes (India)'s debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.08. As of today, Classic Electrodes (India)'s Altman Z-Score is 4.87.


Classic Electrodes (India)  (NSE:CLASSICEIL) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Classic Electrodes (India) has the Financial Strength Rank of 7.


Classic Electrodes (India) Financial Strength Related Terms


NSE:CLASSICEIL vs VRT, BE: Financial Strength Comparison

For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'s Financial Strength, along with its competitors' market caps and Financial Strength 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) Financial Strength vs Industrial Products Industry

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

* The bar in red indicates where Classic Electrodes (India)'s Financial Strength falls into.


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

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Classic Electrodes (India)'s Interest Expense for the months ended in Mar. 2026 was ₹-13 Mil. Its Operating Income for the months ended in Mar. 2026 was ₹96 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹9 Mil.

Classic Electrodes (India)'s Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*96.033/-13.339
=7.20

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Classic Electrodes (India)'s Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(186.123 + 8.982) / 2416.156
=0.08

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Classic Electrodes (India) has a Z-score of 4.87, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.87 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 7 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Financial Strength of 7 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Classic Electrodes (India) and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Classic Electrodes (India)'s Financial Strength has ranged from 4.00 to 7.00.
Is Classic Electrodes (India)'s Financial Strength too high?
Classic Electrodes (India)'s current Financial Strength of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. 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 Financial Strength compare to VRT and BE?
Classic Electrodes (India)'s Financial Strength of 7 can be compared against companies in the Industrial Products industry. Historically, Classic Electrodes (India)'s own Financial Strength has ranged from 4.00 to 7.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Industrial Products company?
A good Financial Strength depends on the Industrial Products industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Classic Electrodes (India) and its competitors. Classic Electrodes (India)'s current Financial Strength is 7, which is 17% above median its own 10-year median of 6.00. 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 Financial Strength of 7. The current Financial Strength is 7, which is 17% above median its 10-year median of 6.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Classic Electrodes (India) (NSE:CLASSICEIL), the current Financial Strength is 7 as of Mar. 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 engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
21GF Score

Get the complete analysis for NSE:CLASSICEIL

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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