RSL
Rajputana Stainless Limited
Stainless steel long and flat products manufacturer
Industrials›Capital Goods›Industrial Products›Iron & Steel Products
rajputanastainless.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
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What you need to know
Rajputana Stainless makes stainless-steel flat and long products, such as billets, forging ingots and rolled black and bright bars, mainly for engineering, wire, fastener and infrastructure-linked customers.
Company snapshot
32ndBy market cap
Ranked among 64 companies in Iron & Steel Products.
What we see
- ✓Debt-to-equity of 0.18x — the company is largely funded by its own money, not borrowed funds.
- ✗Only 31% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 251 Cr | 255 Cr | 307 Cr |
| Operating expenses (approx.) | 227 Cr | 231 Cr | 278 Cr |
| EBITDA | 24 Cr | 23 Cr | 29 Cr |
| OPM % | 9.4% | 9.2% | 9.4% |
| Other income | 0.40 Cr | 2 Cr | 2 Cr |
| Interest | 5 Cr | 6 Cr | 2 Cr |
| Depreciation | 2 Cr | 2 Cr | 2 Cr |
| Profit before tax | 17 Cr | 17 Cr | 27 Cr |
| Tax % | 26.4% | 24.4% | 25.8% |
| Net profit | 12 Cr | 13 Cr | 20 Cr |
| EPS (₹) | ₹1.79 | ₹1.88 | ₹2.42 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 948 Cr | 910 Cr | 932 Cr | 1,007 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 904 Cr | 850 Cr | 858 Cr | 915 Cr | Sign in free for the trailing twelve months |
| EBITDA | 44 Cr | 59 Cr | 74 Cr | 92 Cr | Sign in free for the trailing twelve months |
| OPM % | 4.6% | 6.5% | 7.9% | 9.1% | Sign in free for the trailing twelve months |
| Other income | 3 Cr | 6 Cr | 5 Cr | 4 Cr | Sign in free for the trailing twelve months |
| Interest | 11 Cr | 14 Cr | 16 Cr | 20 Cr | Sign in free for the trailing twelve months |
| Depreciation | 7 Cr | 8 Cr | 9 Cr | 9 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 29 Cr | 42 Cr | 55 Cr | 66 Cr | Sign in free for the trailing twelve months |
| Tax % | 15.9% | 25.3% | 27.1% | 24.9% | Sign in free for the trailing twelve months |
| Net profit | 24 Cr | 32 Cr | 40 Cr | 50 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹3.49 | ₹4.59 | ₹5.78 | ₹7.17 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity capital | 34 Cr | 34 Cr | 69 Cr | 84 Cr |
| Reserves | 47 Cr | 78 Cr | 83 Cr | 280 Cr |
| Borrowings | 80 Cr | 80 Cr | 100 Cr | 67 Cr |
| Other liabilities | 136 Cr | 132 Cr | 169 Cr | 170 Cr |
| Total liabilities | 297 Cr | 324 Cr | 420 Cr | 600 Cr |
| Fixed assets (net) | 53 Cr | 70 Cr | 68 Cr | 69 Cr |
| CWIP | 15 Cr | 0.03 Cr | 2 Cr | 4 Cr |
| Investments | 1 Cr | 0.19 Cr | 3 Cr | 2 Cr |
| Inventories | 88 Cr | 104 Cr | 133 Cr | 182 Cr |
| Trade receivables | 107 Cr | 89 Cr | 150 Cr | 138 Cr |
| Cash & bank | 0.05 Cr | 0.04 Cr | 0.03 Cr | 102 Cr |
| Other assets | 33 Cr | 60 Cr | 65 Cr | 103 Cr |
| Total assets | 297 Cr | 324 Cr | 420 Cr | 600 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operating activity | 25 Cr | 31 Cr | 7 Cr | 32 Cr |
| Cash from investing | -13 Cr | -6 Cr | -12 Cr | -42 Cr |
| Cash from financing | -12 Cr | -25 Cr | 5 Cr | 112 Cr |
| Net cash flow | 0.03 Cr | -0.01 Cr | -0.0083 Cr | 102 Cr |
| Free cash flow (OCF − Capex) | 6 Cr | 21 Cr | -1 Cr | 19 Cr |
Ratios
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROCE % | 24.8% | 29.6% | 28.0% | 20.1% |
| ROE % | 29.6% | 28.2% | 26.2% | 13.7% |
| Debtor days | 41 | 36 | 59 | 50 |
| Inventory days | 43 | 51 | 70 | 90 |
| Days payable | 47 | 51 | 70 | 64 |
| Cash conversion cycle | 36 | 36 | 59 | 76 |
| OCF / EBITDA % | 57.3% | 53.0% | 9.6% | 34.9% |
| OCF / EBITDA % (3 years) | — | — | 36.0% | 31.4% |
| Debt / equity | 0.98 | 0.71 | 0.66 | 0.18 |
| Current ratio | 1.30 | 1.38 | 1.46 | 2.28 |
| Net debt / EBITDA | 1.82 | 1.34 | 1.35 | -0.38 |