What the business is, and whether it's a good one at a fair price.
Manufactures stainless steel products, with FY26 revenue from operations of Rs 1,006.96 crore and an EBITDA margin of 9.52%. The business runs a manufacturing facility in Panchmahal district, Gujarat, which is being expanded with capital expenditure funded from IPO proceeds. Raw materials dominate the cost structure at 73.2% of revenue, making procurement the dominant input; employee costs run at 2.2%, other operating expenses at 8.8%, and depreciation at 0.9%, with capex at 1.3% of revenue in FY26. The company completed its IPO in March 2026, raising Rs 178.73 crore through a fresh issue and listing on NSE and BSE, with total equity capital of 8.35 crore shares of Rs 10 face value. Of the IPO proceeds, Rs 18.57 crore is allocated to manufacturing expansion at Panchmahal, Rs 98 crore to debt repayment, Rs 44.64 crore to general corporate purposes, and Rs 17.52 crore to issue expenses. Bank loan facilities total Rs 165 crore, rated BBB+/Stable (long-term) and A2 (short-term) by CRISIL.
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
Loading peers…
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
Loading financials…
Who owns it — and is the promoter stake clean?
Loading shareholding…
Sign up to see the full company file
Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.
Answered from RAJPUTANA STAINLESS LTD's filed financials and exchange disclosures
RAJPUTANA STAINLESS LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol RSL.
Not in the latest reported year — RAJPUTANA STAINLESS LTD's dividend payout for FY26 was nil.
Effectively yes. It holds ₹35 Cr more cash than debt. Debt stands at 0.18× equity.
On trailing P/E, RAJPUTANA STAINLESS LTD ranks 91 of 118 in Iron & Steel Products — cheaper than 23% of them, against an industry median of 16.2×. This is a position, not a valuation judgement.
On a typical session RAJPUTANA STAINLESS LTD moves 0.82% — that is the median absolute close-to-close move across its last 118 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by RAJPUTANA STAINLESS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.