As of 6 Nov 2026, Rathi Bars is loss-making on a trailing 12-month basis, with a net loss of ₹28 Cr, so it has no P/E ratio. The share price is ₹16.10, 50% below its 52-week high. Sales fell 9.0% a year over 3 years. Debt is 1.01× equity. It is a small-cap company with a market cap of ₹26 Cr, ranked 132nd of 150 Steel companies by market cap; the shares fell 44% over the past year.
- ₹16.90
- ₹16.99
- ₹16.10
- ₹16.30
- 1.6K
Health check
- ReturnsBehind
−43.7% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −9.0% a year over 3 years.
- ProfitabilityNegative
ROCE -7.0% vs peer median 18.7%.
- Balance sheetStretched
Debt 1.01× equity, operating profit doesn’t cover interest, Piotroski 4 of 9.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹26 Cr
- Small cap
- P/E
- n/a
- Industry 19.9
- Price to book
- 0.31
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- −12.7%
- Peers 23.4%
- ROCE
- −7.0%
- Peers 18.7%
- Debt to equity
- 1.01
- Debt ₹86 Cr
- EPS (TTM)
- −₹17.14
- OPM (TTM)
- −10.1%
- Net margin −11.9%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- −1955.1%
- Latest quarter vs a year ago
- Price to sales
- 0.11
- EV/EBITDA −6.0
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −12.7%.
- Quarterly profit down 1955.1% on a year ago.
- 50% below its 52-week high.
- Interest coverage of only −0.3×.
About Rathi Bars
Rathi Bars Limited, a steel rolling mill, engages in manufacture, marketing, branding, and distribution of TMT bars and low carbon billets for the construction industry in India. It provides its products under the Rathi Shaktiman brand name. Rathi Bars Limited was incorporated in 1993 and is based in New Delhi, India.
- Headquarters
- New Delhi
- Sector
- Basic Materials
- ISIN
- INE575I01016
- Website
- rathisteels.com
Price range
- Avg volume (3M)
- 7.8K
- 1-year return
- minus 43.7%
- From 52-week high
- minus 49.5%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| RATHIBARRathi Bars | 16.10 | minus 1.23% | 26 | – | – | −7.0% | −10.1% | 1.01 | −9.0% | minus 43.7% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 133 | 126 | 90.6 | 5.8 | – | |
| 130 | 122 | 88.3 | 16.5 | – | |
| 3.1 | 3.6 | 2.3 | −10.6 | −13.3 | |
| 2.4% | 2.9% | 2.6% | −182.3% | – | |
| 0.2 | 0.5 | 0.3 | −1.1 | 0 | |
| 1.4 | 1.9 | 0.8 | 1.6 | 1.3 | |
| 1.1 | 1.3 | 1.2 | 1.4 | 1 | |
| 0.8 | 1 | 0.7 | −14.8 | −15.6 | |
| – | – | – | 5.0% | – | |
| 0.8 | 1 | 0.7 | −14 | −15.6 | |
| 0.52 | 0.59 | 0.43 | – | -9.56 |
Profit & loss
- Sales CAGR 3Y
- −9.0%
- ROE
- −12.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 471 | 602 | 489 | 355 | |
| – | +27.9% | minus 18.8% | minus 27.5% | |
| 456 | 588 | 476 | 356 | |
| 15 | 14.4 | 13.4 | −1.5 | |
| 3.2% | 2.4% | 2.7% | −0.4% | |
| 0.2 | −0 | 1 | 0.9 | |
| 5.3 | 5.8 | 6.1 | 5.7 | |
| 6.5 | 4.5 | 4.8 | 5 | |
| – | −0 | – | −1 | |
| 3.3 | 4 | 3.5 | −12.3 | |
| 22.1% | 11.8% | 27.0% | 6.0% | |
| 2.6 | 3.6 | 2.6 | −11.5 | |
| – | +38.1% | minus 28.1% | minus 549.1% | |
| 1.58 | 2.19 | 1.57 | -7.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 16.3 | 16.3 | 16.3 | 16.3 | |
| 74 | 77.6 | 80.2 | 68.6 | |
| 72.2 | 66.6 | 82 | 85.8 | |
| 22.1 | 18.2 | 64.3 | 83.2 | |
| 185 | 179 | 243 | 254 | |
| 48.5 | 45 | 46.4 | 40.8 | |
| 6.7 | 6.9 | 5 | – | |
| 0.5 | 0.1 | 0.1 | 0.1 | |
| 0.5 | 0.5 | 0 | 0 | |
| 128 | 126 | 191 | 213 | |
| 185 | 179 | 243 | 254 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 12.4 | −3 | 1.4 | |
| −4.5 | −0.6 | −6.2 | 0.6 | |
| 1.9 | −11.9 | 8.9 | −2.2 | |
| 0.5 | −0 | −0.2 | −0.2 | |
| −4.6 | −1 | −6.1 | −0.1 | |
| −1.5 | 11.4 | −9.1 | 1.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.