Rasi Electrodes Ltd — Results, 30-05-2025: Result

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Ref:REU025/2025-26

May 30, 2025

To,

Department o, Corporate Sewices

THE STOCK EXCHANGE,MUMBAI,

PHIROZE JEEJEEBHOY TOWERS

DALAL STREET

MUMBAT-400001

!lsq&! cooE: 53 1 233\\

Dear Sir,

Sub: Audited Financial Re6ults for th6 year ended 3lsl MARCH 2025.

W_e_wish to inform you that a meeting of the Board of Dfiectors of our Companv was held on

lRlDAY, the 30 " MAY 2025. wherein the following ma ers were considered and approved:

1. The Audited Financial Results for the quarter and year ended 31sr MARCH 2025

wasconsidered and approved. An aulhenticatect

coDv of ihe results is enctosed2. luldl Report for the year

ended 31sr MARbH 2025 in the formal prescribed under

SEBI(LODR)Regulations, 2015 is enctosed.3.

Declaration under Regulalion 33(3Xd) of SEB| (LODR) Regutations, 2OjS is atso

4. Kindly note that the Board of Direclors have not recommended

any dividend for the yearended

315IMarch 20255.

The Board has also approved the Djreclors Reporl for the year ended 31,tMarch 2025

along wilh all the Reports and Statements to be annexed the;eto.

We request you to take lhe above on record and acknowledge.

This letter and lhe annexures are being filed throLtgh the online listing portal at

www.lislino.bseindia.com lhrough the User lD issued to the Co;pany.

The meeting of the Board of Directors commenced at j2.30.Hrs. and concluded at /4.rr.Hrs.

Thanking You,

Yours faithfully,

for RASI ELECTRODES L|M|TED,

B POPKOTHARI

ING DIRECTOR

DIN:000594168

l\,lanufacture & Markeling of Allcrade Weldjng Electrodes, Co, Wolding Wire,and Drawn Wire Etc.

Regd. of, I 21, Raia Annahalai Road, Flat t{o. A/11, Rans Appartmenl,3rd Ftoor, chen.ai - 600 08rt, ph | +91-4rt-26424523 / 7884 EDait : into@Esiereclrod€s.com

vlsll us : www.rasieleclrodes .om, F.clory | uppahpalayam villag6, Aramarhi Po.l, Redht,b, chonnat . 52. 9381023215 / 9884361566

CIN : L52599TN1994PLC026980, Customer Care | +91-044-26401822

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Ths abov6 audli6d Elult3 ror rho quadd and y€4 6nd€d 3131 March 2025 tr€ r€v 6*d by th6audit

commineo and app,oved by rh6 Boad ol oiBcioB ar $en m66ring h6ld on 3t[h MAY

2025.

The Company has id6nlili€d WELOING ELECTROOES AND CCMS WRE * llt.nly pimary€ponablo segmonl in a@odanco vith Gqulremonls o, INO AS 103, OpoEting

segments A@d n0 y, no eperale sesment informal on has been provided.The

financial rcsulG of lh€ company have b€en p€pared in a@danco wiih lhe lndian

Accounlins Standads ('lnd AS') as prc$ibed under sotion 133 ol lh€ Compan es Acl,2013,

6ad wlth conpaniB (l.d.n A@unling standar&) Ru16.,2015,.s am.nd.d.

Tho Figures of lhd quaner ended 3n03-2025 & 31-03-2024 arc rhe balancing liqures ber*eon rho

audirod tigur€d or rul nnanciar y€ar and lh€ pubrish€d unaudii.d y6ar i! daL lisuEe upio lhirdqu.der

of the respedtv6 t nandal yearAs regadg.rho busin6ss Elatng lo Tmdino rn Gbed€s, srapr.s .nd o(h€r simiar band.d

p6du cls lhs Company is y€l lo sale up lhe b usiness to .ommercial siOnilien@. Th o Com pany

has made unov.r o, R..2,72 lakhs (and lor trclve monfis ended 31 03.2025 amountino to

Rs.131.30 rakhg)wilh rco.d lo th 3 busrnassdo no lh6quadd.nd€d 31sl March2025Previour y.ar rigu6s ha6 b*n €cl.rs

,iad wndev$ n.c.66.ry lo corespond wirh lh€ cur.nt

3 Th6 cashlrow sraremenl lor lh6 yedended 31st March 2025 is also enclosed

TEo

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RASI ELECTRODES LIII/IITEO

CASH FLOW STATEIIIIENT FOR THE YEARENDED 3ISTMARCH 2025

CASH FLOW FROIlII OPEMTING ACTIVITIES

Nel Profit before rax and Exla-ordinary items and OCt

and deferred revenue expendilurc

(Profil)/Loss on satet/aiualon of lnvestmenls

Operating Prorit beIorc worhjng capitat chanoes

Adjuslmen I for chafges rn the worrrng Caprral

31.03,2025 31.0A.2024

376.79415 83

Cuffent Liabilities

H GENEMTED FROIII OPERATIONS

Cash Flow before exlraordinary items

Less: Exta-o.dinary items

NET CASH FROM OPERATING ACTIVITIES(A)

B. CASH FLOW FROM INVESTIUENTACTIVITIES

rchase)/Sare ol lnvestments

NET CASH FROM |NVEST|NG ACT|V|TIES(B)

CASH FLOI/Y FROIIII FINANCING ACTIVIfIES

Proceeds from Shon term borrowinqs

lnlerest Pad

ET CASH USEO IN FINANCING ACTIVITIES I C ]

NET INCREASE IN CASH A CASH EOUIVA|ENiS

CASH AND CASH EQUIVALENTS AS AT 01.04.2024l 01,04,2023

Add:Net increase in Cash & Cash equivatents

AND CASH EQUIVALENTS aS Ol3t.og.zozsi et.oa.zozl

67:1 ,ino

14 08 1A_42(1.36)

(0.60)140.71)

127.37)6.30 (6.52)

(15.33)

124.80)407.2A 453.40

15.24 16A 67

28.19 5.27

177.44 (209.85)

(67.78) 135.64

s60.41 553.13

560.41 Usr.ra

103 79 113 24

456.62 439.89

(5368) (96 65)

'1.36 0_60

(117.9S) o.s2

40.71 27_37

20.00 10.23

(109.59) (57.93)

(25.55) (187.80)

(14.08) (18.42)

(39.03) 1206,22)

307.40 175.74

20A.25 32.51

307.40 175.74

515.65 20A.25

eor BfiSl

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Thanking You'

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Manufacture & l\.4arketing of All crade Welding Electrodes , Co, Welding Wi;e, and Drawn Wire Etc.

Regd. Otf : 21, Raja Anoamahl Road, Flrl No. A/11, Rams Appa(mont,3rd Floor, Chennal - 600 084, Ph : +91-1,1-261124523 / 7EE4 Email : info@rasielectrodB.com

Vlsll u. r {w.BsielEctrodo..com, Faclory | Uppahpalayam Villag6, Alamarhi PoBl, Redhllls, Chenn!|.52.9381023215/988-1361566

CIN : 152599TN 1994P1C026980, Customer Cate : +91-044-26401822

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Poonam Ankit & Associates

Chartered Accountants

Independent Auditor's Report on the quarterly and year to date audited INDAS

Financial Results ofthe RASI ELECTRODES LIMITED, pursuant to the Regulation 33

of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201S

(as amended)

To the Board of Directors ofRASI ELECTRODES LIMITEI)

Opinion

1. We have audited the accompanying [inancia] results [,the Statement,) of Rasi Electrodes

Limited ('the Company'J for the year ended 31 March 202S, attached herewith, being

submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI

[Listing obligations and Disclosure Requirements] Regulations, 201S [as amendecl)

['ListinS Regulations').

2, In our opinion and to the best of our jnformation and according to the explanations given

to us, the Statement:

a. presents financial results in accordance with the requirements of Regulation 33 of

the Listing Regulations, and

b. gives a true and fair view in conformity with the applicable Indian Accounting

Standards ['lnd AS'] specified under secLion 133 of the Companies Act, 2013 (,the

Act'), read with the Companies Undian Accounting Standards) Rules, Z015, and

other accounting principles generally accepted in India, of the standalone net profit

after tax and other comprehensive income and other financial information of the

Company for the year ended 31 March 202S.

Basis for Opinion

3. We conducted our audit in accordance with the Standards on Auditing specified under

section 143t10) of the Act, our responsibilities under those standards are further

described in the Auditor's Responsibilities for the Audit of the Statement section of our

report. We are independent ofthe Company in accordance with the Code ofEthics issued

by the Institute of Chartered Accountants of India (,the ICAI,) together with the ethical

requirements that are relevant to our audit of the financial results under the provisions

ofthe Act and the rules thereundet and we have fulfilled our other ethical responsibilities

in accordance with these requirements and the Code of Ethics. We believe that the audit

evidence obtained by us, is sufficient and appropriate to provide a basis for. our opinion.

$r

No. 72, Marshalls Road, Raiah Annamalai Building, 3rd Floor, Egmore, Che-nnii .- 600 009:

Tel : 044-48591340 Mob. : 93808 21340, 98841 42030

E-mail : poonam@pactadvisors.in I Website: www.pactadvisors,in

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POONAM ANXJT & ASSOCIATES

Chartered Accountants

4..

7.

6.

5.

Cortiauatlo! Sheet

Responsibilities of Management and Those Charged with covernance for the

Statement

This Statement has been prepared on the basis of the standalone annual financial

statements and has been approved by the Company's Board of Directors. 'l.he Company,s

Board of Directors is responsible for the preparation and presentafion of the Statemenf

that gives a true and fair view ofthe net profit and other comprehensive income and other

financial information of the Company in accordance with the Ind AS specified under

section 133 ofthe Act, read with the Companies [lndian Accounting Standards] Rules,

2015 and other accounting principles generally accepted in India, and in compliance wi th

Regulation 33 ofthe Listing Regulations. This responsibility also includes maintenance of

adequate accounting records in accordance with the provisions of the Act for

safeguarding of the assets of the Company and for preventing and detecting frauds and

other irregularities; selection and application ofappropriate accounling policies; making

judgments and estimates that are reasonable and prudent; and design, implementation

and maintenance of adequale internal financial controls that were operating effectively

for ensuring the accLlracy and completeness of the accounting records, relevant to the

preparation and presentation of the Statement that gives a true and fair view and is free

from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors is responsible for assessing the

Company's ability to continue as a going concern, disclosing, as applicable, matters

related to going concern, and using the going concern basis of accounting unless the

Board of Directors either intends to liquidate the Company or lo cease operations, or has

no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company,s financial

reporting process.

Auditor's Responsibilities for the Audit ofthe Statement

Our objectives are to obtain reasonable assurance about whether the Statemen! as a

whole is free from material misstatement, whether due to fraud or error, and to issue an

auditor's report that includes our opinion. Reasonable assurance is a high level of

assurance but is not a guarantee that an audit conducted in accordance with Standards

on Auditing, specified under section 143(10) of the Act, will always detect a material

misstatement when it exists. Misstatements can arise from fraud or error and are

considered material il individually or in the aggregate, they could reasonably be expected

to influence the economic decisions ofusers taken on the basis ofthis Statement.

8. As part ofan auditin accordancewith the Standards on Auditing, specified undersection

143(101 of the Act, we exercise professional judgment and maintain professional

skepticism throughout the audit. We also:

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POONAM ANKIT & ASSOCIATES

Chartered AccountaltaContiDuatio[ Sheet......,.,,....

. Identify and

assess the risks of material misslatement of the Statement, whether

due to fraud or error, design and perform audil procedures responsive to those risks, and

obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion,

The risk of not detecting a material misstatement resulting from fi.aud is higher than for

one resulting ft om erroL as fraud may jnvolve collusion, forgery, intentional omissions,

misrepresentations, or the override of internal control.

. Obtain

an understanding ofinternal control relevanf to the audit in order to design

audit procedures that are appropriate in the circumstances. Under section 143[3] [i) of

the Act, we are also responsible for expressing our opinion on whether the Company has

in place an adequate internal financial controlwith reference to financial statements and

the operating effectiveness ofsuch controls.

. Evaluate ihe appropriateness

of accounting policies used and the reasonableness

of accounling estimates and related disclosures made by the management.

. Conclude on the appropriateness of the

Board of Directors use of the going

concern basis of accounting and, based on the audit evidence obtained, whether a

material uncertainty exists related to events or conditions that may cast significant doubt

on the Company's ability to continue as a going concern. If we conclude that a material

uncertainty exists, we are required to dmw attention in our auditor,s report to the related

disclosures in the Statement oi ifsuch disclosures are inadequate, to modify our opinion.

Our conclusions are based on the audit evidence obtained up to the date ofour auditor,s

report. However, future events or conditions may cause the Company to cease to continue

as a going conceln.

. Evaluate the overall presentation, structure and content of the

Statement,

including the disclosures, and whether the Statement represents the underlying

transactions and events in a manner that achieves fair presentation.

9, We communicate with those charged with governance regarding, among other matters,

the planned scope and timing of the audit and significant audit findings, including any

significant deficiencies in internal control that we identify during our audit.

10. We also provide those charged with governance with a statement that we have complied

with relevant ethical requirements regarding independence, and to communicate with

them all relationships and other matters that may reasonably be thought to bear on our

independence, and where applicable, related safeguards,

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POONAM ANKIT & ASSOCIATES

.Chartered

Accountarta

For Poonam Ankit & Associates

Chaftered Accountant

Cortiruatiotl Sheet.

Other Matters

11. Attention is drawn to the fact that the figuros lor the quarter ended 31st March, Z02S and

the corresponding quarter in previous year as reported in the linancial results are

balancing figures between the audited figures in respect ofthe full financialyear and the

published unaudited year-to-date figures up to the third quarter ofthe current financial

year, which were subject to limited review by us. Our opinion is not modified in respect

ofthis matter

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UDIN:2! LLF!-]9 n -t

^ttPlace: Chennai ' - "9

Datet 30/05/2025

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STATE|ENT OF STANDALOI,|iE AUDITEO,RESULTS

FOR THE YEAR ENOEO3,tsT MARCH 2025

NOTES:

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Manufacture & Marketing ofAll crade Welding Eiectrodes, Co, Welding Wire, and Drawn Wire Etc.

Regd. oi : 21, Rtla Annah.lsl Road, Fl.l Io. A/11, Rams Appatun n!3rd Floor, chern.t - 600 o&t, ph : r9i.44-20/t2t523 / 7884 Em.l : tnto@,ast€teclrodor.com

vbl! ut : wwvr.rallolecuod...cdn, Flclory : uppanp.l.yam vlllrg., atamlaht Po.! Rsdhfi!, chennai - 52, ,361023215 / 0884.:t01566

CIN : L52599IN1994p1C026980, Customer Care.. +91 444_2eAOlB22

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