---
title: "Bobshell Electrodes Ltd (1269453) — Share Price, Financials & Analysis"
symbol: "1269453"
company: "Bobshell Electrodes Ltd"
canonical: "https://tapetide.com/stocks/1269453"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-09-13T19:59:52.360Z"
---

# Bobshell Electrodes Ltd (1269453)

Canonical page: https://tapetide.com/stocks/1269453

## Company

- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Bobshell Electrodes is engaged in the business of manufacturing of Welding Rods.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of -4.78% over past five years.
- Company has a low return on equity of -5.01% over last 3 years.
- Earnings include an other income of Rs.2.14 Cr.
- Company has high debtors of 256 days.
- Working capital days have increased from 68.4 days to 248 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | — | 29% | 16% |
| revenue growth | -25% | -10% | -5% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.87 | 0.47 | 0.38 | 0.61 | 0.66 | 1.65 | 0.29 | 0.41 | 0.64 | 0.73 | 0.71 | 0.19 |
| Expenses | 1.02 | 0.63 | 0.53 | 0.72 | 0.8 | 1.07 | 0.59 | 0.53 | 0.73 | 0.86 | 1.26 | 0.28 |
| Operating Profit | -0.15 | -0.16 | -0.15 | -0.11 | -0.14 | 0.58 | -0.3 | -0.12 | -0.09 | -0.13 | -0.55 | -0.09 |
| OPM % | -17.24 | -34.04 | -39.47 | -18.03 | -21.21 | 35.15 | -103.45 | -29.27 | -14.06 | -17.81 | -77.46 | -47.37 |
| Other Income | 0.02 | 0 | 0.02 | 0 | 0.02 | 0 | 0.03 | 0 | 2.11 | 0 | 0.03 | 0 |
| Interest | 0 | 0.01 | 0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.15 | -0.2 | -0.17 | -0.14 | -0.15 | 0.54 | -0.3 | -0.14 | 2 | -0.15 | -0.54 | -0.11 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 0 | -1.85 | 0 |
| Net Profit | -0.15 | -0.2 | -0.16 | -0.14 | -0.15 | 0.54 | -0.29 | -0.14 | 1.75 | -0.15 | -0.54 | -0.12 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 2.67 | 2.87 | 3.82 | 3.42 | 4.05 | 5.11 | 2.11 | 2.99 | 2.27 |
| Expenses | 3.07 | 2.7 | 2.94 | 4.02 | 3.86 | 4.16 | 4.86 | 2.67 | 2.91 | 3.13 |
| Operating Profit | -0.07 | -0.03 | -0.07 | -0.2 | -0.44 | -0.11 | 0.25 | -0.56 | 0.08 | -0.86 |
| OPM % | -2.33 | -1.12 | -2.44 | -5.24 | -12.87 | -2.72 | 4.89 | -26.54 | 2.68 | -37.89 |
| Other Income | 0.08 | 0.09 | 0.08 | 0.09 | 0.06 | 0.04 | 0.04 | 0.04 | 2.13 | 2.14 |
| Interest | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0 |
| Depreciation | 0.08 | 0.09 | 0.1 | 0.11 | 0.1 | 0.08 | 0.09 | 0.11 | 0.1 | 0.08 |
| Profit before tax | -0.07 | -0.05 | -0.1 | -0.22 | -0.49 | -0.16 | 0.19 | -0.65 | 2.09 | 1.2 |
| Tax % | 14.29 | 20 | 0 | 9.09 | -2.04 | 0 | 0 | 0 | 11.48 | — |
| Net Profit | -0.08 | -0.06 | -0.1 | -0.23 | -0.48 | -0.16 | 0.19 | -0.65 | 1.86 | 0.94 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 |
| Reserves | -2.44 | -2.51 | -2.64 | -2.59 | -3.07 | -3.22 | -3.04 | -3.69 | -1.83 | -2.52 |
| Borrowings | 0 | 0.03 | 0.07 | 0 | 0.05 | 0 | 0.31 | 0.16 | 0 | 0.13 |
| Other Liabilities | 0.28 | 0.23 | 0.33 | 0.36 | 0.24 | 0.26 | 0.27 | 1.27 | 0.48 | 0.26 |
| Total Liabilities | 3.85 | 3.76 | 3.77 | 3.78 | 3.23 | 3.05 | 3.55 | 3.75 | 4.66 | 3.88 |
| Fixed Assets | 1.58 | 1.65 | 1.65 | 1.43 | 1.4 | 1.29 | 1.59 | 1.49 | 0.85 | 0.91 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.27 | 2.11 | 2.12 | 2.35 | 1.83 | 1.76 | 1.96 | 2.26 | 3.81 | 2.97 |
| Total Assets | 3.85 | 3.76 | 3.77 | 3.78 | 3.23 | 3.05 | 3.55 | 3.75 | 4.66 | 3.88 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.25 | 0.67 | 0.02 | 0.06 | — | -0.31 | -0.15 | 0.42 | -0.1 | -1.9 |
| Cash from Investing Activity | -0.05 | -0.16 | -0.28 | -0.16 | — | 0.21 | -0.01 | -0.44 | 0 | 2.61 |
| Cash from Financing Activity | 0 | 0 | 0.03 | -0.11 | — | 0 | 0 | 0.31 | 0.08 | -0.39 |
| Net Cash Flow | -0.3 | 0.51 | -0.23 | -0.21 | — | -0.11 | -0.16 | 0.29 | -0.02 | 0.32 |
| Free Cash Flow | -0.31 | 0.61 | -0.14 | -0.1 | — | -0.38 | -0.12 | 0.02 | -0.1 | 0.72 |
| CFO/OP | 625 | -957 | -67 | -86 | — | 70 | 136 | 168 | 18 | -2375 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 139.26 | 74.22 | 76.55 | 78.85 | 45.86 | 30.95 | 45.96 | 20.71 | 102.06 | 256.35 |
| Inventory Days | 65.18 | 34.07 | 33.91 | 50.93 | 73.78 | 77.14 | 37.55 | 41.37 | 139.79 | 56.64 |
| Days Payable | 21.73 | 14.6 | 3.99 | 27.59 | 34.95 | 24.46 | 22.53 | 31.63 | 388.3 | 122.72 |
| Cash Conversion Cycle | 182.71 | 93.68 | 106.47 | 102.19 | 84.69 | 83.63 | 60.98 | 30.45 | -146.45 | 190.28 |
| Working Capital Days | 205.22 | 88.82 | 102.53 | 95.38 | 57.33 | 59.77 | 53.17 | 21.43 | -64 | 247.81 |
| ROCE % | -1.62 | -1.93 | -0.85 | -2.58 | — | -14.66 | -5.19 | 6.59 | -21.88 | 0.9 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% |
| DIIs | 16% | 14.51% | 14.41% | 14.41% | 14.41% | 14.41% | 0% | 0% | 0% |
| Public | 66.34% | 67.83% | 67.93% | 67.93% | 67.93% | 67.93% | 82.34% | 82.34% | 82.34% |
| No. of Shareholders | 5642 | 5633 | 5622 | 5623 | 5618 | 5618 | 5609 | 5611 | 5615 |

### Quarterly

| Category | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% | 17.66% |
| FIIs | 0% | 0% | 0% | 13.74% | 0% | 14.41% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 14.41% | 14.41% | 14.41% | 0% | 0% | 0% | 0% | 0% | 0% | 14.41% | 0% | 0% |
| Public | 67.93% | 67.93% | 67.93% | 68.6% | 82.34% | 67.93% | 82.34% | 82.34% | 82.34% | 67.93% | 82.34% | 82.34% |
| No. of Shareholders | 5618 | 5617 | 5616 | 5609 | 5609 | 5617 | 5610 | 5618 | 5611 | 5615 | 5615 | 5615 |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:59:52.360Z.