Rajputana Stainless Ltd.

•

₹ 164.85-0.42%

2026-08-21

rajputanastainless.comBSE: 544731NSE: RSL

Market Cap₹ 1,378 Cr.

Current Price₹ 166

High / Low₹ 172 / 102

Stock P/E0.0

Book Value₹ 46

Price to Book3.61

Dividend Yield0.30 %

ROCE31.7 %

ROE30.2 %

Face Value₹ 10

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ABOUT

KEY POINTS

PROS

Company has delivered good profit growth of 55.6% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 32.5%
Company has a healthy return on capital (ROCE) of 29.9%
Latest quarter profit grew 144.2% YoY, showing strong momentum
Company has delivered good sales growth of 16.6% CAGR over last 5 years
Operating margins have improved to 7.9% from 4.1%

CONS

Receivables are growing faster than sales - a possible quality concern
Equity base is being diluted - shares outstanding up 100.0%
Contingent liabilities are large at 75.4% of net worth

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Metals & MiningIron & SteelSteel/Sponge Iron/Pig Iron

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	JINDALSTEL	1113.00	41.77	113535.81	0.18	843.80	-43.60	15482.13	25.93	8.92	17.18
2.	LLOYDSME	1921.30	22.69	108151.31	0.05	1733.89	170.25	7354.40	209.39	27.59	38.26
3.	JAIBALAJI	66.44	20.69	6061.00	0.00	26.48	-82.71	1353.35	-13.06	36.09	5.31
4.	RSL	164.85	0.00	1377.61	0.30	20.20	144.24	306.54	23.65	31.72	9.37
5.	STEELXIND	10.60	348.29	1352.05	0.00	150.26	—	2697.14	—	11.97	12.70
6.	SALSTEEL	79.42	0.00	1149.74	0.00	30.90	419.21	873.70	584.99	4.89	15.51
7.	VRAJ	121.10	11.12	399.42	0.00	11.51	51.65	193.83	40.14	18.45	11.17
8.	VASWANI	49.09	0.00	160.84	0.00	2.52	—	91.74	—	9.77	5.72

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026	Jun 2026
	233	248	231	251	255	307
	214	230	218	227	231	282
Operating Profit	—	—	—	—	—	—
OPM %	—	—	—	—	—	—
Other Income	1	1	1	0	2	2
Interest	4	5	5	5	6	2
Depreciation	3	2	2	2	2	2
	14	12	15	17	17	27
Tax %	30.49%	31.65%	24.84%	26.33%	24.35%	25.84%
Net Profit	10	8	11	12	13	20
	1	1	0	2	2	0
Equity Capital	69	69	69	69	84	84
Reserves	75	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	69	69	69	69	84	84
Reserves	75	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Dec 2024

: 233
: 214
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 4
Depreciation: 3
: 14
Tax %: 30.49%
Net Profit: 10
: 1
Equity Capital: 69
Reserves: 75
Promoter Pledge %: 0.00%
Equity Capital: 69
Reserves: 75
Promoter Pledge %: 0.00%

Mar 2025

: 248
: 230
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 5
Depreciation: 2
: 12
Tax %: 31.65%
Net Profit: 8
: 1
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 231
: 218
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 5
Depreciation: 2
: 15
Tax %: 24.84%
Net Profit: 11
: 0
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 251
: 227
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 5
Depreciation: 2
: 17
Tax %: 26.33%
Net Profit: 12
: 2
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 69
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 255
: 231
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 6
Depreciation: 2
: 17
Tax %: 24.35%
Net Profit: 13
: 2
Equity Capital: 84
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 84
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 307
: 282
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 2
Depreciation: 2
: 27
Tax %: 25.84%
Net Profit: 20
: 0
Equity Capital: 84
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 84
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	222	191	368	428	432	428	766	948	910	932	1,044
	214	198	349	408	409	406	736	904	850	858	958
Operating Profit	17	-1	26	26	24	24	32	47	65	79	—
OPM %	8	-1	7	6	5	6	4	5	7	8	—
Other Income	9	6	7	7	1	2	2	3	6	5	6
Interest	12	13	12	12	12	12	11	11	14	16	17
Depreciation	4	5	4	4	4	4	7	7	8	9	9
	1	-19	10	10	8	7	14	29	42	55	76
Tax %	-85	32	38	59	42	70	38	16	25	27	25
Net Profit	2	-13	7	4	4	2	9	24	32	40	57
EPS	1	-4	2	1	1	1	1	3	9	6	—
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	0	-2	1	1	1	0	1	3	5	6	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	0	-2	1	1	1	0	1	3	5	6	—

Mar 2016

: 222
: 214
Operating Profit: 17
OPM %: 8
Other Income: 9
Interest: 12
Depreciation: 4
: 1
Tax %: -85
Net Profit: 2
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2017

: 191
: 198
Operating Profit: -1
OPM %: -1
Other Income: 6
Interest: 13
Depreciation: 5
: -19
Tax %: 32
Net Profit: -13
EPS: -4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2

Mar 2018

: 368
: 349
Operating Profit: 26
OPM %: 7
Other Income: 7
Interest: 12
Depreciation: 4
: 10
Tax %: 38
Net Profit: 7
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2019

: 428
: 408
Operating Profit: 26
OPM %: 6
Other Income: 7
Interest: 12
Depreciation: 4
: 10
Tax %: 59
Net Profit: 4
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2020

: 432
: 409
Operating Profit: 24
OPM %: 5
Other Income: 1
Interest: 12
Depreciation: 4
: 8
Tax %: 42
Net Profit: 4
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2021

: 428
: 406
Operating Profit: 24
OPM %: 6
Other Income: 2
Interest: 12
Depreciation: 4
: 7
Tax %: 70
Net Profit: 2
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2022

: 766
: 736
Operating Profit: 32
OPM %: 4
Other Income: 2
Interest: 11
Depreciation: 7
: 14
Tax %: 38
Net Profit: 9
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2023

: 948
: 904
Operating Profit: 47
OPM %: 5
Other Income: 3
Interest: 11
Depreciation: 7
: 29
Tax %: 16
Net Profit: 24
EPS: 3
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2024

: 910
: 850
Operating Profit: 65
OPM %: 7
Other Income: 6
Interest: 14
Depreciation: 8
: 42
Tax %: 25
Net Profit: 32
EPS: 9
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2025

: 932
: 858
Operating Profit: 79
OPM %: 8
Other Income: 5
Interest: 16
Depreciation: 9
: 55
Tax %: 27
Net Profit: 40
EPS: 6
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

TTM

: 1,044
: 958
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 17
Depreciation: 9
: 76
Tax %: 25
Net Profit: 57
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 14%
5 Years:: 17%
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: 33%
5 Years:: 56%
3 Years:: 66%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: 14%
5 Years:: 26%
3 Years:: 32%
Last Year:: 30%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	34	34	34	34	34	34	34	34	34	69
	23	11	17	21	26	28	23	47	78	83
	88	86	84	55	55	53	58	55	54	74
Trade Payables	15	35	51	85	83	97	107	98	103	132
	56	42	42	37	39	41	59	64	54	62
Total Liabilities	217	208	228	232	237	253	281	297	324	420
ASSETS	-	-	-	-	-	-	-	-	-	-
	55	61	58	55	54	57	55	53	70	70
Capital Work in Progress	10	0	0	2	3	0	1	15	0	2
	0	2	1	0	1	2	4	1	0	3
	94	102	86	90	97	110	113	88	104	133
	0	0	0	0	0	0	0	0	89	150
Cash & Bank	8	6	5	6	7	0	6	7	9	11
	51	38	78	80	74	84	102	133	50	52
Total Assets	217	208	228	232	237	253	281	297	324	420
Total Debt	108	107	101	69	77	73	92	80	80	100
Net Working Capital	4	-9	3	-1	14	18	47	52	69	109
Contingent Liabilities	0	0	0	0	0	0	0	0	49	115
Book Value per Share	16.78	13.07	14.95	16.19	17.46	18.11	16.76	23.55	32.58	22.05
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	108	107	101	69	77	73	92	80	80	100
Net Working Capital	4	-9	3	-1	14	18	47	52	69	109
Contingent Liabilities	0	0	0	0	0	0	0	0	49	115
Book Value per Share	16.78	13.07	14.95	16.19	17.46	18.11	16.76	23.55	32.58	22.05
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2016

Equity Capital: 34
: 23
: 88
Trade Payables: 15
: 56
Total Liabilities: 217
: 55
Capital Work in Progress: 10
: 0
: 94
: 0
Cash & Bank: 8
: 51
Total Assets: 217
Total Debt: 108
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 16.78
Face Value: 10.00
Total Debt: 108
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 16.78
Face Value: 10.00

Mar 2017

Equity Capital: 34
: 11
: 86
Trade Payables: 35
: 42
Total Liabilities: 208
: 61
Capital Work in Progress: 0
: 2
: 102
: 0
Cash & Bank: 6
: 38
Total Assets: 208
Total Debt: 107
Net Working Capital: -9
Contingent Liabilities: 0
Book Value per Share: 13.07
Face Value: 10.00
Total Debt: 107
Net Working Capital: -9
Contingent Liabilities: 0
Book Value per Share: 13.07
Face Value: 10.00

Mar 2018

Equity Capital: 34
: 17
: 84
Trade Payables: 51
: 42
Total Liabilities: 228
: 58
Capital Work in Progress: 0
: 1
: 86
: 0
Cash & Bank: 5
: 78
Total Assets: 228
Total Debt: 101
Net Working Capital: 3
Contingent Liabilities: 0
Book Value per Share: 14.95
Face Value: 10.00
Total Debt: 101
Net Working Capital: 3
Contingent Liabilities: 0
Book Value per Share: 14.95
Face Value: 10.00

Mar 2019

Equity Capital: 34
: 21
: 55
Trade Payables: 85
: 37
Total Liabilities: 232
: 55
Capital Work in Progress: 2
: 0
: 90
: 0
Cash & Bank: 6
: 80
Total Assets: 232
Total Debt: 69
Net Working Capital: -1
Contingent Liabilities: 0
Book Value per Share: 16.19
Face Value: 10.00
Total Debt: 69
Net Working Capital: -1
Contingent Liabilities: 0
Book Value per Share: 16.19
Face Value: 10.00

Mar 2020

Equity Capital: 34
: 26
: 55
Trade Payables: 83
: 39
Total Liabilities: 237
: 54
Capital Work in Progress: 3
: 1
: 97
: 0
Cash & Bank: 7
: 74
Total Assets: 237
Total Debt: 77
Net Working Capital: 14
Contingent Liabilities: 0
Book Value per Share: 17.46
Face Value: 10.00
Total Debt: 77
Net Working Capital: 14
Contingent Liabilities: 0
Book Value per Share: 17.46
Face Value: 10.00

Mar 2021

Equity Capital: 34
: 28
: 53
Trade Payables: 97
: 41
Total Liabilities: 253
: 57
Capital Work in Progress: 0
: 2
: 110
: 0
Cash & Bank: 0
: 84
Total Assets: 253
Total Debt: 73
Net Working Capital: 18
Contingent Liabilities: 0
Book Value per Share: 18.11
Face Value: 10.00
Total Debt: 73
Net Working Capital: 18
Contingent Liabilities: 0
Book Value per Share: 18.11
Face Value: 10.00

Mar 2022

Equity Capital: 34
: 23
: 58
Trade Payables: 107
: 59
Total Liabilities: 281
: 55
Capital Work in Progress: 1
: 4
: 113
: 0
Cash & Bank: 6
: 102
Total Assets: 281
Total Debt: 92
Net Working Capital: 47
Contingent Liabilities: 0
Book Value per Share: 16.76
Face Value: 10.00
Total Debt: 92
Net Working Capital: 47
Contingent Liabilities: 0
Book Value per Share: 16.76
Face Value: 10.00

Mar 2023

Equity Capital: 34
: 47
: 55
Trade Payables: 98
: 64
Total Liabilities: 297
: 53
Capital Work in Progress: 15
: 1
: 88
: 0
Cash & Bank: 7
: 133
Total Assets: 297
Total Debt: 80
Net Working Capital: 52
Contingent Liabilities: 0
Book Value per Share: 23.55
Face Value: 10.00
Total Debt: 80
Net Working Capital: 52
Contingent Liabilities: 0
Book Value per Share: 23.55
Face Value: 10.00

Mar 2024

Equity Capital: 34
: 78
: 54
Trade Payables: 103
: 54
Total Liabilities: 324
: 70
Capital Work in Progress: 0
: 0
: 104
: 89
Cash & Bank: 9
: 50
Total Assets: 324
Total Debt: 80
Net Working Capital: 69
Contingent Liabilities: 49
Book Value per Share: 32.58
Face Value: 10.00
Total Debt: 80
Net Working Capital: 69
Contingent Liabilities: 49
Book Value per Share: 32.58
Face Value: 10.00

Mar 2025

Equity Capital: 69
: 83
: 74
Trade Payables: 132
: 62
Total Liabilities: 420
: 70
Capital Work in Progress: 2
: 3
: 133
: 150
Cash & Bank: 11
: 52
Total Assets: 420
Total Debt: 100
Net Working Capital: 109
Contingent Liabilities: 115
Book Value per Share: 22.05
Face Value: 10.00
Total Debt: 100
Net Working Capital: 109
Contingent Liabilities: 115
Book Value per Share: 22.05
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	31	12	17	27	17	15	-2	25	31	7
Cash from Investing	-12	-1	-1	-15	-2	-3	-6	-13	-6	-12
Cash from Financing	-17	-13	-16	-11	-14	-20	8	-12	-25	5
	2	-2	-1	0	1	-7	-0	0	-0	-0
Free Cash Flow	19	12	16	24	12	11	-7	6	21	-3
OCF / Net Profit	14.62	-0.94	2.56	6.28	3.83	6.80	-0.22	1.04	1.00	0.18
Cumulative 5-Year FCF	0	0	0	0	82	74	56	46	43	28
OCF / Net Profit	14.62	-0.94	2.56	6.28	3.83	6.80	-0.22	1.04	1.00	0.18
Cumulative 5-Year FCF	0	0	0	0	82	74	56	46	43	28

Mar 2016

: 31
Cash from Investing: -12
Cash from Financing: -17
: 2
Free Cash Flow: 19
OCF / Net Profit: 14.62
Cumulative 5-Year FCF: 0
OCF / Net Profit: 14.62
Cumulative 5-Year FCF: 0

Mar 2017

: 12
Cash from Investing: -1
Cash from Financing: -13
: -2
Free Cash Flow: 12
OCF / Net Profit: -0.94
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.94
Cumulative 5-Year FCF: 0

Mar 2018

: 17
Cash from Investing: -1
Cash from Financing: -16
: -1
Free Cash Flow: 16
OCF / Net Profit: 2.56
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.56
Cumulative 5-Year FCF: 0

Mar 2019

: 27
Cash from Investing: -15
Cash from Financing: -11
: 0
Free Cash Flow: 24
OCF / Net Profit: 6.28
Cumulative 5-Year FCF: 0
OCF / Net Profit: 6.28
Cumulative 5-Year FCF: 0

Mar 2020

: 17
Cash from Investing: -2
Cash from Financing: -14
: 1
Free Cash Flow: 12
OCF / Net Profit: 3.83
Cumulative 5-Year FCF: 82
OCF / Net Profit: 3.83
Cumulative 5-Year FCF: 82

Mar 2021

: 15
Cash from Investing: -3
Cash from Financing: -20
: -7
Free Cash Flow: 11
OCF / Net Profit: 6.80
Cumulative 5-Year FCF: 74
OCF / Net Profit: 6.80
Cumulative 5-Year FCF: 74

Mar 2022

: -2
Cash from Investing: -6
Cash from Financing: 8
: -0
Free Cash Flow: -7
OCF / Net Profit: -0.22
Cumulative 5-Year FCF: 56
OCF / Net Profit: -0.22
Cumulative 5-Year FCF: 56

Mar 2023

: 25
Cash from Investing: -13
Cash from Financing: -12
: 0
Free Cash Flow: 6
OCF / Net Profit: 1.04
Cumulative 5-Year FCF: 46
OCF / Net Profit: 1.04
Cumulative 5-Year FCF: 46

Mar 2024

: 31
Cash from Investing: -6
Cash from Financing: -25
: -0
Free Cash Flow: 21
OCF / Net Profit: 1.00
Cumulative 5-Year FCF: 43
OCF / Net Profit: 1.00
Cumulative 5-Year FCF: 43

Mar 2025

: 7
Cash from Investing: -12
Cash from Financing: 5
: -0
Free Cash Flow: -3
OCF / Net Profit: 0.18
Cumulative 5-Year FCF: 28
OCF / Net Profit: 0.18
Cumulative 5-Year FCF: 28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	0.62	-3.71	1.89	1.23	1.27	0.65	2.52	6.98	9.18	5.78
Book Value (₹)	16.78	13.07	14.95	16.19	17.46	18.11	16.76	23.55	32.58	22.05
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.89	-1.13	1.50	1.15	1.19	0.93	2.25	4.49	5.80	7.05
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	6.73%	-0.48%	6.16%	5.14%	5.46%	5.55%	4.14%	4.94%	6.53%	7.92%
Net Margin %	0.86%	-5.93%	1.51%	0.84%	1.01%	0.52%	1.13%	2.54%	3.48%	4.28%
ROE %	3.75%	-24.87%	13.47%	7.92%	7.55%	3.64%	30.12%	34.62%	32.70%	30.17%
ROCE %	7.66%	-3.83%	14.84%	16.05%	15.10%	14.42%	33.38%	25.72%	32.17%	31.72%
	0.99%	-6.02%	2.98%	1.85%	1.87%	0.91%	6.19%	8.31%	10.18%	10.71%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	56	49	32	38	43	44	42	37	39	47
Inventory Days	138	165	80	64	79	88	54	39	39	46
Payable Days	41	62	54	74	94	99	31	48	51	58
	152	152	58	28	29	33	64	28	27	35
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	1.87x	2.37x	1.97x	1.23x	1.28x	1.17x	1.59x	0.98x	0.71x	0.66x
Interest Coverage (x)	1.10x	-0.48x	1.86x	1.86x	1.62x	1.60x	2.26x	3.51x	3.93x	4.47x
	1.03x	0.94x	1.02x	1.00x	1.09x	1.11x	1.27x	1.30x	1.38x	1.46x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-13.58%	-13.98%	93.07%	16.07%	0.99%	-0.92%	0.00%	23.65%	-4.00%	2.46%
Operating Profit Growth %	-10.78%	-106.12%	2682.51%	-1.89%	-9.15%	0.74%	0.00%	47.56%	38.93%	21.53%
Net Profit Growth %	-9.84%	-701.37%	150.84%	-34.63%	2.92%	-48.98%	0.00%	176.47%	31.54%	26.00%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	31.54%	-37.00%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.61x	1.99x

Mar 2016

EPS (₹): 0.62
Book Value (₹): 16.78
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.89
Operating Margin %: 6.73%
Net Margin %: 0.86%
ROE %: 3.75%
ROCE %: 7.66%
: 0.99%
Debtor Days: 56
Inventory Days: 138
Payable Days: 41
: 152
Debt to Equity (x): 1.87x
Interest Coverage (x): 1.10x
: 1.03x
Revenue Growth %: -13.58%
Operating Profit Growth %: -10.78%
Net Profit Growth %: -9.84%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): -3.71
Book Value (₹): 13.07
Dividend per Share (₹): 0.00
Cash EPS (₹): -1.13
Operating Margin %: -0.48%
Net Margin %: -5.93%
ROE %: -24.87%
ROCE %: -3.83%
: -6.02%
Debtor Days: 49
Inventory Days: 165
Payable Days: 62
: 152
Debt to Equity (x): 2.37x
Interest Coverage (x): -0.48x
: 0.94x
Revenue Growth %: -13.98%
Operating Profit Growth %: -106.12%
Net Profit Growth %: -701.37%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 1.89
Book Value (₹): 14.95
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.50
Operating Margin %: 6.16%
Net Margin %: 1.51%
ROE %: 13.47%
ROCE %: 14.84%
: 2.98%
Debtor Days: 32
Inventory Days: 80
Payable Days: 54
: 58
Debt to Equity (x): 1.97x
Interest Coverage (x): 1.86x
: 1.02x
Revenue Growth %: 93.07%
Operating Profit Growth %: 2682.51%
Net Profit Growth %: 150.84%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 1.23
Book Value (₹): 16.19
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.15
Operating Margin %: 5.14%
Net Margin %: 0.84%
ROE %: 7.92%
ROCE %: 16.05%
: 1.85%
Debtor Days: 38
Inventory Days: 64
Payable Days: 74
: 28
Debt to Equity (x): 1.23x
Interest Coverage (x): 1.86x
: 1.00x
Revenue Growth %: 16.07%
Operating Profit Growth %: -1.89%
Net Profit Growth %: -34.63%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 1.27
Book Value (₹): 17.46
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.19
Operating Margin %: 5.46%
Net Margin %: 1.01%
ROE %: 7.55%
ROCE %: 15.10%
: 1.87%
Debtor Days: 43
Inventory Days: 79
Payable Days: 94
: 29
Debt to Equity (x): 1.28x
Interest Coverage (x): 1.62x
: 1.09x
Revenue Growth %: 0.99%
Operating Profit Growth %: -9.15%
Net Profit Growth %: 2.92%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 0.65
Book Value (₹): 18.11
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.93
Operating Margin %: 5.55%
Net Margin %: 0.52%
ROE %: 3.64%
ROCE %: 14.42%
: 0.91%
Debtor Days: 44
Inventory Days: 88
Payable Days: 99
: 33
Debt to Equity (x): 1.17x
Interest Coverage (x): 1.60x
: 1.11x
Revenue Growth %: -0.92%
Operating Profit Growth %: 0.74%
Net Profit Growth %: -48.98%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 2.52
Book Value (₹): 16.76
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.25
Operating Margin %: 4.14%
Net Margin %: 1.13%
ROE %: 30.12%
ROCE %: 33.38%
: 6.19%
Debtor Days: 42
Inventory Days: 54
Payable Days: 31
: 64
Debt to Equity (x): 1.59x
Interest Coverage (x): 2.26x
: 1.27x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 6.98
Book Value (₹): 23.55
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.49
Operating Margin %: 4.94%
Net Margin %: 2.54%
ROE %: 34.62%
ROCE %: 25.72%
: 8.31%
Debtor Days: 37
Inventory Days: 39
Payable Days: 48
: 28
Debt to Equity (x): 0.98x
Interest Coverage (x): 3.51x
: 1.30x
Revenue Growth %: 23.65%
Operating Profit Growth %: 47.56%
Net Profit Growth %: 176.47%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 9.18
Book Value (₹): 32.58
Dividend per Share (₹): 0.00
Cash EPS (₹): 5.80
Operating Margin %: 6.53%
Net Margin %: 3.48%
ROE %: 32.70%
ROCE %: 32.17%
: 10.18%
Debtor Days: 39
Inventory Days: 39
Payable Days: 51
: 27
Debt to Equity (x): 0.71x
Interest Coverage (x): 3.93x
: 1.38x
Revenue Growth %: -4.00%
Operating Profit Growth %: 38.93%
Net Profit Growth %: 31.54%
: 31.54%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 1.61x

Mar 2025

EPS (₹): 5.78
Book Value (₹): 22.05
Dividend per Share (₹): 0.00
Cash EPS (₹): 7.05
Operating Margin %: 7.92%
Net Margin %: 4.28%
ROE %: 30.17%
ROCE %: 31.72%
: 10.71%
Debtor Days: 47
Inventory Days: 46
Payable Days: 58
: 35
Debt to Equity (x): 0.66x
Interest Coverage (x): 4.47x
: 1.46x
Revenue Growth %: 2.46%
Operating Profit Growth %: 21.53%
Net Profit Growth %: 26.00%
: -37.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 1.99x

Shareholding Pattern

Numbers in percentages

TRADES

	Sep 2014	Dec 2025	Mar 2026	Jun 2026
	21.16	57.03	57.03	57.09
	0.00	3.94	4.30	6.30
	0.00	0.89	0.18	0.12
Government	0.00	0.00	0.00	0.00
	78.84	37.24	38.50	36.49

Sep 2014

: 21.16
: 0.00
: 0.00
Government: 0.00
: 78.84

Dec 2025

: 57.03
: 3.94
: 0.89
Government: 0.00
: 37.24

Mar 2026

: 57.03
: 4.30
: 0.18
Government: 0.00
: 38.50

Jun 2026

: 57.09
: 6.30
: 0.12
Government: 0.00
: 36.49

Documents

Announcements

Copy of Newspaper Publication
2026-08-14 - Rajputana Stainless Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Results for the Quarter and three months ended on June 30, 2026.
Statement of deviation(s) or variation(s) under Reg. 32
2026-08-13 - Rajputana Stainless Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

Annual Reports

Nothing filed yet.

Credit Ratings

Credit Rating
2026-07-04 - Rajputana Stainless Limited has informed the Exchange about Credit Rating

Concalls

Nothing filed yet.