Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 333.10 | 297.67 | 315.80 | 314.61 | 277.72 | 232.72 | 208.53 | 73.88 | 71.16 | 61.84 | 56.45 | 51.95 |
| Expenses | 325.43 | 292.19 | 314.70 | 313.61 | 276.91 | 230.24 | 209.50 | 75.28 | 70.46 | 60.44 | 54.10 | 50.91 |
| Operating Profit | 7.67 | 5.48 | 1.10 | 1.00 | 0.81 | 2.48 | -0.97 | -1.40 | 0.70 | 1.40 | 2.35 | 1.04 |
| OPM % | 2.30% | 1.84% | 0.35% | 0.32% | 0.29% | 1.07% | -0.47% | -1.89% | 0.98% | 2.26% | 4.16% | 2.00% |
| Other Income | 0.94 | 3.39 | 3.45 | 1.55 | 1.42 | 1.31 | 4.05 | 0.54 | 0.50 | 0.21 | 0.12 | 0.66 |
| Interest | 2.36 | 3.26 | 3.74 | 3.89 | 3.56 | 3.35 | 2.37 | 1.29 | 0.79 | 0.54 | 0.52 | 0.89 |
| Depreciation | 0.31 | 0.35 | 0.31 | 0.31 | 0.30 | 0.30 | 0.29 | 0.31 | 0.28 | 0.30 | 0.29 | 0.29 |
| Profit before tax | 5.94 | 5.26 | 0.50 | -1.65 | -1.63 | 0.14 | 0.42 | -2.46 | 0.13 | 0.77 | 1.66 | 0.52 |
| Tax % | -9.43% | 26.62% | 42.00% | -24.85% | -25.15% | 35.71% | 9.52% | -19.11% | 76.92% | 33.77% | 31.93% | 25.00% |
| Net Profit | 6.50 | 3.86 | 0.29 | -1.24 | -1.22 | 0.09 | 0.38 | -1.99 | 0.03 | 0.51 | 1.13 | 0.39 |
| EPS in Rs | 0.24 | 0.14 | 0.01 | -0.04 | -0.04 | 0.00 | 0.01 | -0.07 | 0.00 | 0.02 | 0.04 | 0.01 |
| Mar 2011 13m | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 80 | 141 | 137 | 148 | 631 | 1,028 | 1,029 | 1,212 | 1,034 | 263 | 241 |
| Expenses | 6 | 80 | 138 | 133 | 144 | 620 | 1,010 | 1,009 | 1,191 | 1,030 | 259 | 236 |
| Operating Profit | 0 | 0 | 3 | 3 | 4 | 11 | 18 | 19 | 21 | 3 | 4 | 5 |
| OPM % | 0.5% | 0.6% | 2.2% | 2.5% | 2.7% | 1.7% | 1.8% | 1.9% | 1.8% | 0.3% | 1.5% | 2.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 10 | 8 | 8 | 0 | 1 |
| Interest | 0 | 0 | 2 | 2 | 2 | 4 | 4 | 7 | 11 | 13 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 1 | 2 | 2 | 7 | 14 | 21 | 17 | -3 | 0 | 3 |
| Tax % | 33% | 32% | 33% | 32% | 28% | 28% | 29% | 35% | 12% | -20% | 420% | |
| Net Profit | 0 | 0 | 1 | 1 | 1 | 5 | 10 | 14 | 15 | -2 | -0 | 2 |
| EPS in Rs | 0.00 | 0.03 | 0.05 | 0.04 | 0.04 | 0.18 | 0.36 | 0.49 | 0.55 | -0.08 | -0.01 | 0.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 20% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -16% | -37% | -70% | ||
| Compounded Profit Growth | % | % | % | 176% | ||
| Stock Price CAGR | % | -19% | -32% | -33% | ||
| Return on Equity | % | 17% | 8% | 0% |
| Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 3 | 4 | 6 | 6 | 12 | 18 | 28 | 28 | 28 | 28 |
| Reserves | 0 | 0 | 4 | 7 | 8 | 7 | 11 | 14 | 29 | 29 | 29 |
| Borrowings | 0 | 15 | 22 | 25 | 40 | 43 | 51 | 72 | 100 | 44 | 13 |
| Other Liabilities | 6 | 9 | 8 | 1 | 8 | 28 | 27 | 27 | 7 | 47 | 49 |
| Total Liabilities | 8 | 28 | 38 | 40 | 63 | 90 | 108 | 140 | 164 | 148 | 119 |
| Fixed Assets | 0 | 0 | 1 | 7 | 17 | 25 | 25 | 35 | 34 | 33 | 21 |
| CWIP | 0 | 0 | 0 | 1 | 5 | 0 | 0 | 0 | 1 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 27 | 38 | 33 | 41 | 65 | 83 | 105 | 129 | 113 | 98 |
| Total Assets | 8 | 28 | 38 | 40 | 63 | 90 | 108 | 140 | 164 | 148 | 119 |
| Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 0 | 2 | 2 | 2 | 5 | -5 | -3 | -20 | 62 | 22 |
| Cash from Investing Activity | 0 | 0 | 0 | -3 | -14 | -4 | -0 | -9 | 2 | 5 | 13 |
| Cash from Financing Activity | 0 | 0 | -2 | 1 | 12 | -1 | 5 | 11 | 17 | -67 | -34 |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | -0 | -0 | 0 |
| Free Cash Flow | 0 | 0 | 2 | 2 | -12 | 0 | -6 | -14 | -21 | 62 | 33 |
| CFO/OP | 0% | 0% | 77% | 58% | 62% | 67% | -10% | 18% | -75% | 1,952% | 569% |
| Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 381 | 96 | 64 | 54 | 45 | 22 | 11 | 12 | 7 | 4 | 4 |
| Inventory Days | 14 | 21 | 44 | 14 | 16 | 23 | 31 | 34 | 121 | ||
| Days Payable | 21 | 3 | 20 | 16 | 9 | 9 | 2 | 16 | 64 | ||
| Cash Conversion Cycle | 381 | 96 | 57 | 72 | 69 | 20 | 18 | 26 | 36 | 22 | 61 |
| Working Capital Days | 145 | 81 | 16 | 17 | 12 | 7 | 5 | 6 | 9 | 11 | 58 |
| ROCE % | 5% | 10% | 9% | 18% | 25% | 29% | 21% | 8% | 5% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.24% | 65.27% | 51.68% | 51.68% | 33.71% | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% |
| FIIs | 0.00% | 0.04% | 0.03% | 0.00% | 0.13% | 0.03% | 0.52% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 26.76% | 34.70% | 48.29% | 48.32% | 66.17% | 68.37% | 67.87% | 67.89% | 68.39% | 68.39% | 68.39% | 68.39% |
| No. of Shareholders | 33,264 | 96,462 | 1,64,434 | 1,68,642 | 2,27,793 | 2,44,716 | 2,50,313 | 2,49,742 | 2,44,371 | 2,44,371 | 2,30,541 | 2,25,206 |
Fundamentals
Market Cap₹ 84.6 Cr.
Current Price₹ 3.06
Stock P/E40.5
Book Value₹ 2.04
ROCE4.87 %
ROE-0.21 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-70%
Compounded Profit Growth (TTM)176%
Standalone figures.
Valuation
Market capRs 85 Cr
Enterprise valueRs 98 Cr
P/E (TTM)41.34x
Price to book1.51x
Price to sales0.35x
EV / EBITDA14.01x
EV / EBIT16.80x
EV / sales0.41x
Price to cash flow3.93x
Earnings yield2.42%
P/E, 3-year average18.69x
P/B, 3-year average2.82x
P/E, 5-year average15.18x
P/B, 5-year average3.47x
Profitability
Operating margin (excl. other income)1.49%
Operating margin (incl. other income)1.68%
EBITDA margin2.89%
Pre-tax margin1.28%
Net profit margin0.85%
Net margin, latest quarter0.75%
ROE-0.57%
ROCE3.80%
ROA-0.24%
ROE, 3-year average8.88%
ROCE, 3-year average11.06%
ROA, 3-year average2.80%
ROE, 5-year average21.19%
ROCE, 5-year average17.54%
ROA, 5-year average5.92%
ROIC (approx.)-27.01%
Tax rate420.00%
Other income / net worth0.89%
Growth
Sales growth (latest year)-74.52%
Sales CAGR, 3 years-36.51%
Sales CAGR, 5 years-16.03%
Sales growth QoQ-7.97%
Profit growth QoQ-65.49%
Sales growth YoY (latest quarter)-29.68%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs -0.01
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.15
EPS, 5-year averageRs 1.28
Book value per shareRs 2.04
Sales per shareRs 8.73
Cash flow per shareRs 0.78
Free cash flow per shareRs 1.19
Dividend per share, 5-year averageRs 0.55
Dividends
Dividend payout, 5-year average19.27%
Efficiency
Asset turnover2.21x
Fixed asset turnover12.40x
Inventory turnover3.07x
Inventory days119 days
Debtor days4 days
Debtors turnover84.13x
Creditor days64 days
Cash conversion cycle61 days
Working capital days58 days
Leverage
Total debtRs 13 Cr
Cash and bankRs 1 Cr
Net debtRs 13 Cr
Debt to equity0.24x
Net debt / EBITDA1.81x
Interest coverage2.12x
Owners' fund to total sources47.30%
Debt to assets11.19%
Cash flow
Cash from Operating Activity (latest year)Rs 22 Cr
Cash from Investing Activity (latest year)Rs 13 Cr
Cash from Financing Activity (latest year)Rs -34 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 33 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years1.51x
Sales to cash flow12.16x
Statement figures
Net sales (TTM)Rs 241 Cr
Net sales (latest year)Rs 263 Cr
Sales (latest quarter)Rs 52 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 253 Cr
Total expenditure (latest year)Rs 259 Cr
Total income (latest year)Rs 264 Cr
Share capitalRs 28 Cr
ReservesRs 29 Cr
Shareholders' fundsRs 56 Cr
Total assetsRs 119 Cr
Net blockRs 21 Cr
ReceivablesRs 3 Cr
InventoryRs 82 Cr
Other liabilitiesRs 49 Cr
Shares outstanding (crore)27.65
Ownership
Promoter holding31.61% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 41.3 is at the 60th percentile of its own 5.6-year range
(median 33.8, low 14.7, high 159.1).
P/B 1.51 is at the 1th percentile (median 5.09).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | RAJMET | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.3% | -2.8% | +1.5 pts |
| 1 month | -1.0% | -6.8% | +5.8 pts |
| 3 months | -16.3% | -7.6% | -8.7 pts |
| 6 months | +6.2% | +0.4% | +5.8 pts |
| 1 year | -34.6% | -9.9% | -24.7 pts |
| 2 years | -71.6% | -13.6% | -58.1 pts |
| 3 years | -69.0% | +14.2% | -83.2 pts |
| 5 years | -65.4% | +27.9% | -93.2 pts |
Red flags
F-score 6 of 8| look | Inventory outrunning sales Inventory grew -11% vs sales -75% in 2026 |
| look | Profit leans on other income Other income was 500% of pre-tax profit in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹52 Cr -29.7% vs Jun 2025.
Net profit ₹0 Cr +119.6%.
Against our estimate for Jun 2026: sales +17.2%, profit +103.0% in line. Our estimate for Sep 2026: sales Rs 43 Cr, profit Rs 0 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Precision Wires India Ltd | 9,143 | 52.4 | 32.9 % |
| CMR Green Technologies Ltd | 4,992 | 21.0 | 14.1 % |
| Vidya Wires Ltd | 1,989 | 31.7 | 20.6 % |
| Belding India Ltd | 1,447 | 0.53 % | |
| Sunlite Recycling Industries Ltd | 863 | 21.5 | 46.5 % |
| Baheti Recycling Industries Ltd | 799 | 29.6 | 21.6 % |
| JTL Defence Ltd | 752 | 1,342 | 0.68 % |
| Shera Energy Ltd | 477 | 14.0 | 19.5 % |
| Parmeshwar Metal Ltd | 475 | 14.7 | 43.4 % |
| ANB Metal Cast Ltd | 411 | 19.1 | 29.6 % |
| Euro Panel Products Ltd | 368 | 13.9 | 16.7 % |
| Cubex Tubings Ltd | 252 | 33.4 | 11.5 % |
| Century Extrusions Ltd | 199 | 15.5 | 19.3 % |
| Baroda Extrusion Ltd | 187 | 20.6 | 56.2 % |
| M Tek Copper Ltd | 156 | 34.6 | 12.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-19 | Annual General Meeting | |
| 2023-09-14 | Annual General Meeting | |
| 2022-11-30 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2022-11-11 | Extra-Ordinary General Meeting | |
| 2022-09-15 | Bonus 1:2 | 0.6667 |
| 2022-08-30 | Annual General Meeting | |
| 2022-08-11 | Interim Dividend - Re 1 Per Share | |
| 2021-09-02 | Bonus 1:2 | 0.6667 |
| 2021-08-18 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Resignation | Resignation of Director/KMP/SMP |
| 2026-09-30 | Resignation | Resignation of Mr Ashok Kalra as Chairman & Managing Director of the company w.e.f. September 29, 2026. |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Rajnandini Metal Ltd?
Rajnandini Metal Ltd (RAJMET) has a market capitalisation of Rs 84.6 Cr. at the 2026-10-01 close.
What is the P/E ratio of Rajnandini Metal Ltd?
Rajnandini Metal Ltd trades at a P/E of 40.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Rajnandini Metal Ltd's latest quarterly results?
In the Jun 2026 quarter, Rajnandini Metal Ltd sales was Rs 52 Cr (-29.7% vs Jun 2025) and net profit was Rs 0 Cr.
What is the 52-week high and low of Rajnandini Metal Ltd?
The 52-week high is Rs 5.28 and the 52-week low is Rs 2.72.