RAJPUTANA STAINLESS LTD

NSE: RSL

SteelBasic MaterialsSMALL CAP•MCap ₹1.44k Cr

₹172.04₹0.10 (+0.06%)

Market Closed • NSE

Market cap₹1.44k Cr

Enterprise value₹1.37k Cr

P/E TTM20.85

P/B3.30

EPS TTM₹8.25

D/E0.19

Dividend yield0.00%

52W high₹202.22

52W low₹101.70

Price chart(1Y)

1Y Return:+31.73% (+₹41.44)

H: ₹202.22L: ₹125.26

1W-2.01%

1M-7.85%

3M+33.57%

6M+36.67%

Today at a glance

Day range

₹170.29₹174.80

52 week range

₹101.70₹202.22

Volume180.2K0.36x 20D avg

Free float50.00%-63.60% volume

RAJPUTANA STAINLESS LTD closed at INR172.04 (+0.06%) on volume 0.36x its 20-day average, trading 14.92% below its 52-week high.

Technical analysis

RSI (14)46.0Neutral (30–70)

MACDBEARISHBearish (Below signal)

ATR (14)₹7.83High

SMA 20₹179.24BEARISH

SMA 50₹171.72BULLISH

SMA 100₹150.99BULLISH

SMA 200—N/A

CPR bottom₹173.55

Pivot₹173.01

CPR top₹172.48

What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +58.5% QoQ

2026-09-16

DIVIDEND Announced

Dividend - Re 0.50 Per Share

Shariah audit

Methodology: AAOIFI Shariah Standard No. 21

PASS4/4 criteria

Shariah Compliant

Criteria	Numerator	Denominator	Value	Threshold	Status
Interest-bearing debt ratio	₹68.8 Cr	₹1.44k Cr	4.79%	≤ 33%	PASS
Non-halal income ratio	–	₹1.01k Cr	0.00%	≤ 5%	PASS
Illiquid assets ratio	₹497.8 Cr	₹600.2 Cr	82.94%	≥ 20%	PASS
Receivables ratio	–	₹600.2 Cr	—	≤ 49%	PASS

Valuation & sector context

MetricCompanySector

P/E20.8521.40

Forward P/E——

P/B3.302.20

EV/EBITDA—18.00

PEG—1.00

Earnings yield4.804.70

Growth & profitability

RevenuePAT

FY23PAT margin 2.50%

FY24PAT margin 3.50%

FY25PAT margin 4.30%

FY26PAT margin 4.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.10%

Revenue CAGR 5Y—

PAT CAGR 3Y+27.50%

PAT CAGR 5Y—

Operating margin8.70%

Net margin5.44%

Financial health & cash flow

Net debt–Moderate

Interest coverage4.10xEBIT / interest

CFO / PAT0.58x3Y average

Net debt / EBITDA—Leverage

Operating cash flow₹32.1 Cr

Capital expenditure–

Free cash flow₹19.1 Cr

Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard

Overall68/100

Valuation60/100

Profitability50/100

Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.19x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record date	Corporate action	Information	Announcement date	Ex-date
16 Sept 2026	Dividend	₹0.50 / share	—	16 Sept 2026

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.94%+3.90% latest vs average

Highest delivery57.63%on 11 Sept

Average volume (20D)503.9KTrading-session average

Conviction trendStrengthening+3.90% latest reading

Traded volumeDelivery %

Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies

Company name	Market cap ₹ Cr	P/E ratio	Dividend yield %	Quarterly sales ₹ Cr	Profit after tax ₹ Cr	Sales growth %	Profit growth %
UltraTech Cement LimitedULTRACEMCO Open analysis	₹3.14L	36.80	2.30%	₹25,799.47	₹2,982.76	+11.86%	+20.17%
JSW Steel LimitedJSWSTEEL Open analysis	₹2.85L	11.52	0.60%	₹47,364.00	₹4,651.00	+11.55%	+112.96%
Hindustan Zinc LimitedHINDZINC Open analysis	₹2.30L	13.46	2.07%	₹13,687.00	₹5,425.00	+77.22%	+146.14%
Asian Paints LimitedASIANPAINT Open analysis	₹2.24L	47.08	1.19%	₹10,541.94	₹1,539.25	+17.94%	+39.96%
Tata Steel LimitedTATASTEEL Open analysis	₹2.17L	19.64	2.33%	₹60,794.00	₹2,385.00	+14.32%	+18.83%
Hindalco Industries LimitedHINDALCO Open analysis	₹2.00L	12.21	0.56%	₹84,825.00	₹7,013.00	+32.06%	+75.15%
Grasim Industries LimitedGRASIM Open analysis	₹1.96L	34.47	0.35%	₹11,794.71	₹246.65	-70.60%	-82.61%
Solar Industries India LimitedSOLARINDS Open analysis	₹1.81L	90.88	0.06%	₹3,668.00	₹666.00	+70.29%	+88.67%

About RAJPUTANA STAINLESS LTD

Rajputana Stainless Limited manufactures and markets long and flat stainless-steel products under the RSL brand name in India. The company offers billets, forging ingots, rolled black bars, rolled bright bars, flat and patti bars, square bars, hexagonal bars, wire rods, flat bars, round corner squares, and other ancillary products. Its products serve as a raw material for bar processing, seamless pipes, forging, wire manufacturing engineering, casting, fasteners, utensils manufacturing, pump and shaft, and auto industries. The company offers its products through direct sales and traders' network in the United Arab Emirates, the United States, Portugal, South Africa, Czech Republic, Turkey, Kuwait, and Poland. Rajputana Stainless Limited was incorporated in 1991 and is headquartered in Kalol, India.

IndiaBasic Materials

Questions investors ask

Is RAJPUTANA STAINLESS LTD Shariah compliant?

RAJPUTANA STAINLESS LTD is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (4.79%) complies with AAOIFI threshold (≤ 33%).

What is RAJPUTANA STAINLESS LTD's current valuation relative to peers?

RAJPUTANA STAINLESS LTD trades at a P/E of 20.9x compared to the sector median of 21.4x, and a Price-to-Book of 3.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.19x. Interest coverage is 4.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.