Classic Electrodes Reports Strong Growth in H2 FY26 and FY26 Financial Results

Classic Electrodes Reports Strong Growth in H2 FY26 and FY26 Financial Results​

Classic Electrodes (India) Limited, a key manufacturer of welding consumables, announced its audited financial results for the Half Year and Financial Year ended March 31, 2026. The company reported growth in its total income for both periods.

The financial results demonstrate an increase in Total Income for the Half Year FY26, which grew 20.68% year over year (YoY). For the full Financial Year 2026, total income increased by 18.48% YoY.

Financial Performance Overview​

The company’s performance across the half year and the full financial year is detailed in the following financial highlights:



The company reported an EBITDA Margin of 9.85% and a Net Profit Margin of 5.12% for H2 FY26. For the full Financial Year 2026, the EBITDA Margin stood at 9.78% and the Net Profit Margin was 5.18%.

Furthermore, Classic Electrodes strengthened its balance sheet and liquidity position by significantly reducing short-term borrowings during FY26.

Operational Drivers and Highlights​

Operationally, the company cited stable core demand for its products, particularly across electrodes and MIG wires. This continued traction was attributed to demand from the fabrication, infrastructure, and industrial sectors.

A key driver of growth was the successful product portfolio expansion, specifically the scale-up of Flux Cored Wire, which helped strengthen the product mix and support higher-margin growth. Manufacturing efficiency was also highlighted, with ongoing debottlenecking and automation initiatives aimed at improving throughput and capacity utilization. The trading segment also maintained a consistent contribution, supporting the overall revenue growth.

Management Commentary​

Mr. Sushil Kumar Agarwal, Managing Director of Classic Electrodes (India) Limited, commented on the performance, noting that the company’s FY26 performance reflects the resilience of its core manufacturing operations and steady demand across the welding consumables segment.

Mr. Agarwal stated, "We have maintained consistent growth supported by a balanced product portfolio and strong market presence. The successful introduction and scale-up of Flux Cored Wire marks an important milestone in our growth journey, enabling us to enhance our product mix and improve margin profile. With continued focus on operational efficiency, supported by debottlenecking and automation initiatives at our manufacturing facilities, we are well positioned to improve capacity utilization and drive sustainable growth going forward."

About Classic Electrodes (India) Limited​

Classic Electrodes (India) Limited, established in 1997, is a leading manufacturer of welding consumables. The company offers a wide range of electrodes and MIG wires tailored for diverse industrial applications, focusing on quality manufacturing, product innovation, and operational efficiency.

CLASSICEIL Stock Price Movement​

Classic Electrodes (India) Limited shares closed today, settling at ₹49, reflecting no change for the day. The equity finished trading flat, holding steady at its previous market close.