Rajputana Stainless Ltd
- Market cap
- ₹ 1,396 Cr.
- P/E
- 23.7x
- P/B
- 3.98x
- 52-week range
- 101.7 – 202.22
- ROE
- 19%
- ROCE
- 25%
- Dividend yield
- 0.3%
- Debt / equity
- 0.19
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Rajputana Stainless Ltd is an India-based manufacturer of integrated stainless-steel. The Company is engaged in the business of manufacturing long and flat stainless-steel products comprising billets, forging ingots, rolled black bar, rolled bright bar, flat & patti and other ancillary products. It offers its products in more than 80 diverse grades of stainless steel. The Company’s stainless steel seamless pipes are used in the oil and gas industry, chemical and petrochemical industry, power generation, food and beverage industry, pharmaceutical industry, automotive industry, and construction and architecture. Its products include round bright bars, square bars, hexagonal bright bars, HRAP flat bars, round cornered squares, hot rolled round bars, wire rods, cold-drawn flat bars, precision shaft quality bars, forged & proof machined bars, threaded bars, continuous cast billets, forging quality ingots, precipitation hardening steel, and duplex steel.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Rajputana Stainless Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)23.7 against a typical 18.6: pricier than most peers (1st = cheapest).82nd of 146
- Sales growth+32.3% against a typical +13.1% from a year earlier.26th of 117
- Profit growth+81.8% against a typical +26.2% from a year earlier.26th of 105
- Share price, 3 months+16% against a typical −3.1%.22nd of 135
- Size₹ 1,395.6 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).26th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated A- to BBB+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A- / CARE A2+ | Stable | 7 Sep 2026 |
| CRISIL | Crisil BBB+ | Stable | 1 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Sep 2026 | New rating | CARE A- / CARE A2+ | — | CARE | ₹ 160 Cr. | |
| 1 Jul 2026 | ▲ Upgrade | Crisil BBB+ | — | CRISIL | ₹ 165 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend/Other business matters | RSL : 25-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 21, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 25, 2026, To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 21 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 9 Apr 2026 | Financial Results | To consider and approve the unaudited standalone financial results for the period ended December 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 233 | 248 | 232 | 270 | 251 | 255 | 307 |
| Expenses | 214 | 230 | 211 | 245 | 227 | 231 | 278 |
| Operating Profit | 20 | 18 | 21 | 25 | 23 | 24 | 29 |
| OPM % | 8% | 7% | 9% | 9% | 9% | 9% | 9% |
| Other Income | 1 | 1 | 1 | 0 | 0 | 2 | 2 |
| Interest | 4 | 5 | 5 | 6 | 5 | 6 | 2 |
| Depreciation | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 14 | 12 | 15 | 17 | 17 | 17 | 27 |
| Tax % | 30% | 32% | 25% | 24% | 26% | 24% | 26% |
| Net Profit | 10 | 8 | 11 | 13 | 12 | 13 | 20 |
| EPS in Rs | 1.39 | 1.2 | 1.62 | 1.92 | 1.79 | 1.57 | 2.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 2%
- TTM
- 8%
- 10 Years
- —
- 5 Years
- 86%
- 3 Years
- 29%
- TTM
- 25%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 25%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rajputana Stainless Ltd | ₹ 164.00 | ₹ 1,396 Cr. | 23.7x | 4x | 19% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Shankarlal Deepchand Mehta
- Executive Chairman, Managing Director
- Yashkumar Shankarlal Mehta
- Chief Executive Officer
- Ambrish Phatteshing Bedade
- Chief Financial Officer
- Richa Sanjeev Prashar
- Company Secretary, Compliance Officer
- Babulal Deepchand Mehta
- Whole Time Director
- Jayesh Natvarlal Pithva
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.