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Prices as of 8 Oct 2026 close · Not investment advice

Rajputana Stainless Limited

NSE: RSLIron & Steel Products

Share price

₹171.94

-1.47% close of 8 Oct 2026

Market cap ₹1,444 CrP/E 24.9

Business score

How strong the business is, in one number. The parts behind it are in Pro.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,444 Cr

P/E ratio

24.9

P/B ratio

4.0

ROCE

25.3%

ROE

19.4%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹197.8852-week low ₹102.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Fewer than three years of filings — too early to judge growth.

Whether it grew faster than its sector

It grew 16.4% a year against a sector median of 10.6% — 5.8 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.9 times its growth rate, on earnings growth of 29%.

Profit growthPrice per ₹1 profitPer 1% growth
Rajputana Stainless Limited — this one29%/yr24.9×₹0.86
Welspun Corp Limited119%/yr30.3×—
APL Apollo Tubes Limited23%/yr46.5×₹2.0
Shyam Metalics and Energy Limited9%/yr26.4×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr39.9×—
Jindal Saw Limited14%/yr26.5×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 9 of 70 on returns, 23 of 68 on growth, 36 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 25.3% on capital, ahead of 87% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹93 crore of cash from the business and spent ₹55 crore on plant and equipment, with ₹38 crore to spare; it still raised ₹88 crore from shareholders — borrowings did not rise. And the profit is real: of every 100 rupees it reported over 7 years, about 79 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 20 days for its cash to waiting 56 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q4 FY26

What the last results showed. Whether management kept its word is in Pro.

Announced 29 Aug 2026 · Standalone · Audited

Revenue

₹255 Cr

Revenue vs last year

+2.8%

Revenue vs last quarter

+1.6%

Net profit

₹13 Cr

Profit vs last year

+63.8%

Profit vs last quarter

+9.2%

Net margin

5.1%

EPS

₹1.88

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,444 Cr
Prev close
₹171.94
52w High
₹202
52w Low
₹102
Enterprise value
₹1,506 Cr
Beta
0.6
Price CAGR 1y
—
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
8.3%
PEG ratio
0.8
P/E ratio
24.9
P/B ratio
4.0
EV / EBITDA
16.2
Industry P/E
24.9
ROCE
25.3%
ROCE 5y average
26.2%
ROE
19.4%
Debt / Equity
0.2
Interest coverage
4.1
Dividend yield
0.3%
ROE 3y average
25.0%
ROE last year
19.0%

Annual P&L

Annual revenue
₹1,007 Cr
Annual profit
₹50 Cr
Operating margin
9.0%
Net profit margin
5.0%
EBITDA margin
9.2%
Sales growth 3y
1.9%
Sales growth 5y
18.7%
Profit growth 3y
29.0%
Profit growth 5y
86.0%
EPS
₹6.0
Sales growth TTM
8.0%
Profit growth TTM
24.0%
Dividend payout
8.0%

Quarter P&L

Sales latest quarter
₹307 Cr
Profit latest quarter
₹20 Cr
YoY quarterly sales growth
32.4%
YoY quarterly profit growth
81.8%
OPM latest quarter
9.4%

Balance Sheet

Book Value
₹43.3
Face Value
₹10.0
Total debt
₹69 Cr
Total cash
₹134 Cr
Borrowings
₹69 Cr
Reserves / Equity
3.3

Cash Flow

Operating cash flow
₹32 Cr
Free cash flow
₹19 Cr
FCF yield
-0.1%
Net cash flow
₹102 Cr

Shareholding

Promoter holding
57.1%
FII holding
6.3%
DII holding
0.1%
Public holding
36.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,654.4530.370,0220.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,075.0046.857,6140.40263.110.95,606.78.431.8
Shyam Metalics1,065.2026.529,7330.42350.718.15,455.123.413.0
Ratnamani Metals2,472.1539.517,3280.40107.0-37.7971.6-15.617.9
Jindal Saw268.4526.317,1680.7290.8-75.44,452.39.010.4
Usha Martin502.4028.115,3100.73142.040.71,033.016.419.5
Godawari Power207.1517.013,9460.47222.42.71,750.532.320.5
Rajputana Stain.173.9524.71,4540.2920.280.5306.532.425.3
Median170.0022.69640.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales233248232270251255307
Expenses214230211245227231278
Material Cost197183180
Change in Inventories-8.62-1311
Purchases of Stock-in-Trade133460
Employee Cost5.325.935.24
Other Expenses212222
Operating Profit20182125232429
OPM %8.407.328.969.279.359.229.37
Other Income1110022
Exceptional items (within Other Income)000
Interest4556562
Depreciation3222222
Profit before tax14121517171727
Tax %30322524262426
Net Profit1081113121320
EPS in Rs1.391.201.621.921.791.572.42
Diluted EPS in Rs1.791.882.42

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4324287709529109321,0071,082
Expenses409406740908850857914981
Material Cost737
Change in Inventories-36
Purchases of Stock-in-Trade104
Employee Cost22
Other Expenses88
Operating Profit23223144597593101
OPM %5544.607899
Other Income12236445
Exceptional items (within Other Income)0
Interest1212111114162118
Depreciation445788.769.379
Profit before tax87162942556679
Tax %42704916252725
Net Profit4282432405059
EPS in Rs1.270.652.416.989.185.785.967.70
Diluted EPS in Rs7.17
Dividend Payout %-0-0-0-0-0-08

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
19%
3 years
2%
TTM
8%

Compounded profit growth

10 years
—
5 years
86%
3 years
29%
TTM
24%

Return on equity

10 years
—
5 years
24%
3 years
25%
Last year
19%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital34343434346984
Reserves262836477883280
Borrowings777392808010269
Other Liabilities100118128136132167168
Total Liabilities237253291297324420600
Fixed Assets54575753707071
CWIP30115024
Investments1245030
Other Assets178194229224253346525
Total Assets237253291297324420600

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1915-22531732
Cash from Investing Activity-4-3-6-13-6-12-42
Cash from Financing Activity-14-138-12-255112
Net Cash Flow1-0-00-0-0102
Free Cash Flow1411-7621-119

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days43454141365950
Inventory Days1081216541536582
Days Payable931076246526559
Cash Conversion Cycle58604536365974
Working Capital Days0142017244056
ROCE %141824323225

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemMar 2026Jun 2026
Promoters5757
FIIs4.306.30
DIIs0.180.12
Public3836
No. of Shareholders14,6098,209

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +52.1% (₹113.03 → ₹171.94)Brick size ₹8.21 (fixed)Bricks 13
₹125₹150₹172Apr '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹171.94 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

2.03cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Rajputana Stainless Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Ferro-chrome
  • Ferro-molybdenum
  • Ferro-nickel / nickel alloy
  • Industrial oxygen & nitrogen (in-house)
  • Stainless steel scrap (domestic)
  • Stainless steel scrap (imported)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE313L01016

Plants

  • Rajputana Stainless Integrated Manufacturing Facility (Kalol)

News impact

Big market events that reach Rajputana Stainless Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026unspecified₹0.5

Bulk & block deals

DateWhoBought / soldSharesPrice
11 Aug 2026M7 GLOBAL FUND PCC - AERIONBUY5,50,000₹153.00
4 Aug 2026VIRTI ENTERPRISEBUY4,89,000₹142.73
4 Aug 2026VIRTI ENTERPRISESELL89,000₹142.01
18 May 2026L7 HITECH PRIVATE LIMITEDSELL4,88,959₹133.00
18 May 2026L7 HITECH PRIVATE LIMITEDBUY5,395₹134.96

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
1 Oct 2026NIHALI YASH SANGHVI · Promoter GroupBUY25,0000.42
30 Sep 2026YASHKUMAR SHANKARLAL MEHTA · PromoterBUY44,5760.76
30 Sep 2026MAHIMA DIXIT BOKADIA · Promoter GroupBUY18,0000.31
30 Sep 2026YASHKUMAR SHANKARLAL MEHTA · PromoterBUY18,0000.30
30 Sep 2026SUREKHA SHANKARLAL MEHTA · Promoter GroupBUY16,0000.27
30 Sep 2026SUREKHA SHANKARLAL MEHTA · Promoter GroupBUY14,0000.24
30 Sep 2026MAHIMA DIXIT BOKADIA · Promoter GroupBUY13,0000.22
30 Sep 2026YASHKUMAR SHANKARLAL MEHTA · PromoterBUY12,0000.20
30 Sep 2026YASHKUMAR SHANKARLAL MEHTA · PromoterBUY10,0000.17
11 Sep 2026YASHKUMAR SHANKARLAL MEHTA · PromoterBUY30,0000.57

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.