Price
Financials
Standalone, Rs crore| 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 | 1.20 | 1.62 | 1.92 | 1.79 | 1.57 | 2.42 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 432 | 428 | 770 | 952 | 910 | 932 | 1,007 | 1,082 |
| Expenses | 409 | 406 | 740 | 908 | 850 | 857 | 914 | 981 |
| Operating Profit | 23 | 22 | 31 | 44 | 59 | 75 | 93 | 101 |
| OPM % | 5% | 5% | 4.0% | 4.6% | 7% | 8% | 9% | 9% |
| Other Income | 1 | 2 | 2 | 3 | 6 | 4 | 4 | 5 |
| Interest | 12 | 12 | 11 | 11 | 14 | 16 | 21 | 18 |
| Depreciation | 4 | 4 | 5 | 7 | 8 | 9 | 9 | 9 |
| Profit before tax | 8 | 7 | 16 | 29 | 42 | 55 | 66 | 79 |
| Tax % | 42% | 70% | 49% | 16% | 25% | 27% | 25% | |
| Net Profit | 4 | 2 | 8 | 24 | 32 | 40 | 50 | 59 |
| EPS in Rs | 1.27 | 0.65 | 2.41 | 6.98 | 9.18 | 5.78 | 5.96 | 7.70 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 8% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 19% | 2% | 8% | ||
| Compounded Profit Growth | % | 86% | 29% | 24% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 24% | 25% | 19% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 69 | 84 |
| Reserves | 26 | 28 | 36 | 47 | 78 | 83 | 280 |
| Borrowings | 77 | 73 | 92 | 80 | 80 | 102 | 69 |
| Other Liabilities | 100 | 118 | 128 | 136 | 132 | 167 | 168 |
| Total Liabilities | 237 | 253 | 291 | 297 | 324 | 420 | 600 |
| Fixed Assets | 54 | 57 | 57 | 53 | 70 | 70 | 71 |
| CWIP | 3 | 0 | 1 | 15 | 0 | 2 | 4 |
| Investments | 1 | 2 | 4 | 5 | 0 | 3 | 0 |
| Other Assets | 178 | 194 | 229 | 224 | 253 | 346 | 525 |
| Total Assets | 237 | 253 | 291 | 297 | 324 | 420 | 600 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19 | 15 | -2 | 25 | 31 | 7 | 32 |
| Cash from Investing Activity | -4 | -3 | -6 | -13 | -6 | -12 | -42 |
| Cash from Financing Activity | -14 | -13 | 8 | -12 | -25 | 5 | 112 |
| Net Cash Flow | 1 | 0 | -0 | 0 | -0 | -0 | 102 |
| Free Cash Flow | 14 | 11 | -7 | 6 | 21 | -1 | 19 |
| CFO/OP | 92% | 87% | 17% | 72% | 73% | 20% | 61% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 45 | 41 | 41 | 36 | 59 | 50 |
| Inventory Days | 108 | 121 | 65 | 41 | 53 | 65 | 82 |
| Days Payable | 93 | 107 | 62 | 46 | 52 | 65 | 59 |
| Cash Conversion Cycle | 58 | 60 | 45 | 36 | 36 | 59 | 74 |
| Working Capital Days | 0 | 14 | 20 | 17 | 24 | 40 | 56 |
| ROCE % | 14% | 18% | 24% | 32% | 32% | 25% |
| Mar 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 57.03% | 57.09% |
| FIIs | 4.30% | 6.30% |
| DIIs | 0.18% | 0.12% |
| Public | 38.49% | 36.49% |
| No. of Shareholders | 14,609 | 8,209 |
Fundamentals
Market Cap₹ 1,385 Cr.
Current Price₹ 165
Stock P/E23.5
Book Value₹ 43.5
ROCE25.3 %
ROE19.2 %
Dividend Yield0.30 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)24%
Standalone figures.
Valuation
Market capRs 1,460 Cr
Enterprise valueRs 1,533 Cr
P/E (TTM)34.57x
Price to book17.99x
Price to sales1.49x
EV / EBITDA17.56x
EV / EBIT19.78x
EV / sales1.56x
Price to cash flow58.16x
Earnings yield2.89%
Profitability
Operating margin (excl. other income)4.61%
Operating margin (incl. other income)4.92%
EBITDA margin8.88%
Pre-tax margin5.92%
Net profit margin4.30%
Net margin, latest quarter4.90%
ROE31.66%
ROCE24.69%
ROA8.18%
ROE, 3-year average15.93%
ROCE, 3-year average19.13%
ROA, 3-year average4.05%
ROIC (approx.)42.39%
Tax rate15.85%
Other income / net worth3.72%
Growth
Sales growth (latest year)23.56%
Profit growth (latest year)188.94%
Sales CAGR, 3 years30.12%
Profit CAGR, 3 years76.53%
Sales growth QoQ16.63%
Profit growth QoQ18.14%
Per share
EPS (TTM)Rs 5.05
EPS (latest year)Rs 6.98
EPS (latest quarter)Rs 1.58
EPS, 3-year averageRs 3.35
Book value per shareRs 9.70
Sales per shareRs 117.43
Cash flow per shareRs 3.00
Free cash flow per shareRs 2.27
Efficiency
Asset turnover3.20x
Fixed asset turnover18.05x
Inventory turnover10.01x
Inventory days36 days
Debtor days41 days
Debtors turnover8.92x
Creditor days59 days
Cash conversion cycle74 days
Working capital days56 days
Leverage
Total debtRs 80 Cr
Cash and bankRs 7 Cr
Net debtRs 73 Cr
Debt to equity0.98x
Net debt / EBITDA0.83x
Interest coverage4.01x
Current ratio (filing 2026-03-31)2.28x
Quick ratio (filing 2026-03-31)1.47x
Trade payables (filing 2026-03-31)Rs 130 Cr
Owners' fund to total sources27.30%
Debt to assets26.85%
Cash flow
Cash from Operating Activity (latest year)Rs 25 Cr
Cash from Investing Activity (latest year)Rs -13 Cr
Cash from Financing Activity (latest year)Rs -12 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 19 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years0.60x
Sales to cash flow37.91x
Statement figures
Net sales (TTM)Rs 983 Cr
Net sales (latest year)Rs 952 Cr
Sales (latest quarter)Rs 270 Cr
Operating profit excl. other income (latest year)Rs 44 Cr
Operating profit (latest quarter)Rs 25 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 87 Cr
PBDT (TTM)Rs 68 Cr
Profit before tax (TTM)Rs 58 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 42 Cr
Net profit (latest year)Rs 24 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 19 Cr
Cost of goods sold (latest year)Rs 881 Cr
Total expenditure (latest year)Rs 908 Cr
Total income (latest year)Rs 955 Cr
Share capitalRs 34 Cr
ReservesRs 47 Cr
Shareholders' fundsRs 81 Cr
Total assetsRs 297 Cr
Net blockRs 53 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 5 Cr
ReceivablesRs 107 Cr
InventoryRs 88 Cr
Other liabilitiesRs 136 Cr
Shares outstanding (crore)8.37
Ownership
Promoter holding57.09%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | RSL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.1% | -2.8% | -1.3 pts |
| 1 month | -1.3% | -6.8% | +5.5 pts |
| 3 months | +34.2% | -7.6% | +41.8 pts |
| 6 months | +70.3% | +0.4% | +69.9 pts |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
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 ₹307 Cr +32.3% vs Jun 2025.
Net profit ₹20 Cr +81.8%.
Against our estimate for Jun 2026: sales +25.7%, profit +70.7%. Our estimate for Sep 2026: sales Rs 317 Cr, profit Rs 16 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-16 | Dividend - Re 0.50 Per Share |
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 Rajputana Stainless Ltd?
Rajputana Stainless Ltd (RSL) has a market capitalisation of Rs 1,385 Cr. at the 2026-10-01 close.
What is the P/E ratio of Rajputana Stainless Ltd?
Rajputana Stainless Ltd trades at a P/E of 23.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Rajputana Stainless Ltd's latest quarterly results?
In the Jun 2026 quarter, Rajputana Stainless Ltd sales was Rs 307 Cr (+32.3% vs Jun 2025) and net profit was Rs 20 Cr.
What is the 52-week high and low of Rajputana Stainless Ltd?
The 52-week high is Rs 202.22 and the 52-week low is Rs 101.70.