RAJPUTANA STAINLESS LIMITED

BSE: RSL544731ISIN INE313L01016

Industrials
Iron & Steel Products
BSE Industrials

Share price

₹169.35+0.20 (+0.12%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹201.50
52W low: ₹101.60
Off 52W high: -15.96%
1M return: -3.39%
3M return: +12.52%
6M return: +24.29%
1Y return: —
20D avg volume: 39,585
50 DMA: ₹175.89
200 DMA: —

Key ratios Standalone

Market cap: ₹1,415 Cr
Current price: ₹169.35
52W high / low: ₹201.50 / ₹101.60
Face value: ₹10.00
P/E: 20.43
P/B: 3.90
EPS (TTM): ₹8.29
Book value / share: ₹43.47
ROE: —
ROCE: 23.00%
Operating margin: 9.87%
Net margin: 6.59%
Debt / equity: 0.18
Net debt: ₹-35.39 Cr
Interest cover: 4.30
Dividend yield: 0.30%
Dividend / share (TTM): ₹0.50
Payout: 6.03%
Cash conversion cycle: 68.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q4 FY25
Income statement
	359.81	306.54	254.91	250.63	—
	2.11	2.30	1.96	0.40	—
	361.92	308.84	256.87	251.03	—
	330.03	281.60	239.55	234.32	—
	223.54	180.01	183.36	196.55	—
	67.53	59.92	33.62	12.88	—
	5.67	5.24	5.93	5.32	—
	1.45	1.72	5.75	4.85	—
	2.17	2.06	2.38	2.38	—
	27.18	21.88	21.98	20.95	—
	31.89	27.24	17.32	16.71	—
	0.00	0.00	0.00	0.00	—
	31.89	27.24	17.32	16.71	—
	8.19	7.04	4.22	4.40	—
	23.70	20.20	13.10	12.31	—
	2.84	2.42	1.88	1.79	—
Key metrics
	35.51	31.02	25.45	23.94	—
	9.90%	10.10%	10.00%	9.60%	—
	6.60%	6.60%	5.10%	4.90%	—
	7.90%	—	6.10%	—	—

Metric	TTM	FY26	FY25
Income statement
	1,172	1,007	—
	6.77	3.90	—
	1,179	1,011	—
	1,086	944.52	—
	783.46	736.95	—
	173.95	103.93	—
	22.16	22.10	—
	13.77	20.10	—
	8.99	9.37	—
	91.99	88.40	—
	93.16	66.35	—
	0.00	0.00	—
	93.16	66.35	—
	23.85	16.53	—
	69.31	49.82	—
	8.93	7.17	—
Key metrics
	115.92	95.82	—
	9.89%	9.50%	—
	5.91%	4.90%	—
	—	23.00%	—
	—	19.10	—
	—	0.64	—
	—	0.18	—
	—	-35.39	—
	—	68.7	—
Balance sheet
	—	600.25	—
	—	512.62	—
	—	102.43	—
	—	137.51	—
	—	181.78	—
	—	32.92	—
	—	69.30	—
	—	129.55	—
	—	224.98	—
	—	67.04	—
	—	66.01	—
	—	1.03	—
	—	363.30	—
Cash flow
	—	32.09	—
	—	-41.99	—
	—	112.30	—
	—	12.99	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 57.32%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	57.32%	57.32%	57.07%

Holder	Type	Holding	Previous	Change
SHANKARLAL DEEPCHAND MEHTA	Promoter	37.69%	37.69%	0.00%
BABULAL D. MEHTA	Promoter	7.37%	7.37%	0.00%
LOHAGAR DEVELOPER PRIVATE LIMITED	Public	6.69%	6.69%	0.00%
JAYESH NATVARLAL PITHVA	Promoter	5.94%	5.94%	0.00%
GOLDMAN SACHS INVESTMENTS (MAURITIUS) I LTD	Public	2.55%	2.55%	0.00%
SAPAN ANIL SHAH (HUF) .	Public	2.53%	2.53%	0.00%
CITADEL SECURITIES INDIA MARKETS PVT LTD	Public	1.40%	1.40%	0.00%
NARENDRA MOTAJI CHOUDHARY	Public	1.20%	1.20%	0.00%
ANIRUDDH MUNDRA	Public	1.19%	1.19%	0.00%
MEHTA BABULAL D	Promoter Group	1.02%	1.02%	0.00%
VIKRAMKUMAR MOTILAL MEHTA	Promoter Group	0.87%	0.87%	0.00%
KAMALABEN MOTILAL MEHTA	Promoter Group	0.84%	0.84%	0.00%
MOTILAL D MEHTA	Promoter Group	0.82%	0.82%	0.00%
RAMESHKUMAR D MEHTA	Promoter Group	0.72%	0.72%	0.00%
ROHINI RAMESHKUMAR MEHTA	Promoter Group	0.55%	0.55%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
RAJPUTANA STAINLESS LIMITED S	1,415	169.35	20.43	23.00%	—	—	—

Filings & corporate actions

Recent announcements

News Paper Publication of Unaudited Financial Result of the Company for the Quarter and Half Year ended on September 30, 2026.4 Nov 2026 · Company Update / Newspaper Publication
Announcement under Regulation 30(LODR)-Earning Call Update4 Nov 2026 · Company Update / General
Announcement under Regulation 30-Earning call update4 Nov 2026 · Company Update / General
Announcement under Regulation 30 (LODR)-Investor Presentation3 Nov 2026 · Company Update / Investor Presentation
Statement of Deviation for Q2 2026.2 Nov 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
The Unaudited Financial Results for the Second Quarter and Half-year ended on September 30, 2026, along with the Limited Review Report issued by Statutory Auditor of the Company.2 Nov 2026 · Result / Financial Results
The Board has considered and approved unaudited Financial Result for the Quarter ended on September 30, 20262 Nov 2026 · Board Meeting / Outcome of Board Meeting
Monitoring Agency Report for the Quarter ending September 30, 2026.30 Oct 2026 · Company Update / Monitoring Agency Report
The Company is hosting Earnings Conference call for analysts and Investors on Tuesday, November 03, 2026.29 Oct 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....28 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....28 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....28 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Prior intimation for Disclosure received u/r. 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,2011 of Inter-se transfer of Shares(by way of gift) amongst Promoter ....28 Oct 2026 · Company Update / General
Rajputana Stainless Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve The Unaudited Financial ....26 Oct 2026 · Board Meeting / Board Meeting
Intimation about sad demise of Mrs. Nirmalaben N. Pithwa belonging to Promoter Group.17 Oct 2026 · Company Update / Demise
The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yashkumar Shankarlal Mehta & PACs10 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Compliance- Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nihali Yash Sanghvi & PACs1 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nihali Yash Sanghvi & PACs1 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahima Bokadia & PACs1 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yashkumar Mehta & PACs1 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Surekha Mehta & Others1 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahima Dixit Bokadia & PACs30 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Surekha Mehta & Others30 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yashkumar Mehta & PACs30 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Scrutinizer Report25 Sep 2026 · AGM/EGM / AGM
Intimation of Trading Window Closure for unaudited financial results of the Company for the Second Quarter & Half Year ending on September 30,2026 .25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Schedule of Analysts/Institutional Investors Meeting24 Sep 2026 · Company Update / Analyst / Investor Meet
Proceedings of AGM through VCM23 Sep 2026 · Company Update / Meeting Updates
Proceedings of AGM called through VCM23 Sep 2026 · AGM/EGM / AGM
Announcement under Regulation 30.22 Sep 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yashkumar Shankarlal Mehta & PACs11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yashkumar Shankarlal Mehta & PACs11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation of Credit Rating Assigned by CARE Ratings Limited8 Sep 2026 · Company Update / Credit Rating
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Awarding contract for 2.10 MW Wind Project to Suzlon Energy Limited & contract ....7 Sep 2026 · Others / Outcome without intimation
Intimation under Regulation 30.7 Sep 2026 · Company Update / Award of Order / Receipt of Order
News Paper publication of notice of 35th AGM, Cut-off/Record Date, E-voting and Dividend Information.1 Sep 2026 · Company Update / Newspaper Publication
Annual Report for the F Y 2025-202631 Aug 2026 · Others / Reg. 34 (1) Annual Report
Annual General Meeting scheduled to be held on SEP 23, 202631 Aug 2026 · AGM/EGM / AGM
Newspaper publication of Unaudited Financial Results for the Quarter and three months ended on June 30, 2026.14 Aug 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	16 Sep 2026	16 Sep 2026	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results