RAINNSERain Industries LimitedMediumNeutral
Announced Fri, 27 Feb · 22:10 IST

Rain Industries Limited has informed the Exchange about Management Presentation on the Annual Audited Financial Results (Standalone and Consolidated) for the Financial Year ended on December 31, 2025.

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rain Industries reported Q4 2025 revenue of ₹43.01 billion (down 4% sequentially but up from Q4 2024) and Adjusted EBITDA of ₹5.76 billion, up ₹1.86 billion year-on-year. Full-year FY2025 revenue rose to ₹167.91 billion with Adjusted EBITDA of ₹22.75 billion, an increase of ₹7.77 billion over FY2024. The Carbon segment drove the improvement, with Q4 EBITDA up 45.2% YoY on higher calcination volumes and better realizations, while the Cement segment swung back to a positive EBITDA of ₹70 million (from negative ₹120 million a year ago). The Advanced Materials segment remained under pressure from weak European chemical demand, high energy costs, and competition from low-cost Asian imports. Net debt-to-EBITDA improved to 3.21x, with $340 million in liquidity and no major debt maturity until October 2028, giving the company significant financial flexibility.

Likely market impact

Shareholders should view this as a constructive update showing year-on-year earnings recovery, particularly in the core Carbon business, supported by a strong balance sheet and no near-term refinancing pressure. Short-term sentiment may stay cautious due to sequential softness in Q4 and ongoing headwinds in Advanced Materials, but the improving leverage profile and stable aluminium demand outlook are positives for the stock.