Q4 FY26 revenue up 63.5% YoY; FY26 revenue tops ₹716 Cr, 41.8% growth
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Rathi Steel & Power posted Q4 FY26 revenue of ₹244.8 Cr, up 63.5% YoY. Full-year FY26 revenue reached ₹716.7 Cr vs ₹505.43 Cr in FY25, a 41.8% YoY growth. The company, a stainless steel long products and TMT bars maker, highlighted its unique direct charging capability for stainless steel wire rod rolling, which helps reduce fuel use. However, management flagged rising fuel costs driven by geopolitical disruptions (Iran war) as a pressure point, especially on the TMT business, and said steps are being taken to mitigate. Promoter Udit Rathi called it a strong finish and remained optimistic on Indian economy fundamentals.
Strong top-line growth signals operational resilience, but rising fuel costs and geopolitical risks could pressure margins, especially in TMT.