As of 6 Nov 2026, Rathi Steel And Power trades at 10.7× trailing earnings, below the industry P/E of 19.9×, and the shares are 38% below their 52-week high. Sales grew 4.4% a year over 3 years while net profit fell 47%, with ROCE of 11% and ROE of 9.6%. Debt is 0.30× equity. It is a small-cap company with a market cap of ₹154 Cr, ranked 90th of 150 Steel companies by market cap; the shares fell 38% over the past year.
- ₹18.39
- ₹18.39
- ₹17.48
- ₹17.56
- 5.3K
Health check
- ReturnsBehind
−37.6% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.7 vs industry 19.9.
- GrowthSlow
Sales +4.4%, profit −47.2% a year over 3 years.
- ProfitabilityWeak
ROCE 10.8% vs peer median 18.7%.
- Balance sheetFair
Debt 0.30× equity, interest covered 2.7×, Piotroski 4 of 9.
- Red flags1 to check
38% below its 52-week high.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹154 Cr
- Small cap
- P/E
- 10.7
- Industry 19.9
- Price to book
- 1.03
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 9.6%
- Peers 23.4%
- ROCE
- 10.8%
- Peers 18.7%
- Debt to equity
- 0.30
- Debt ₹45 Cr
- EPS (TTM)
- ₹1.67
- OPM (TTM)
- 4.0%
- Net margin 1.9%
- Sales growth
- +24.5%
- Latest quarter vs a year ago
- Profit growth
- +84.6%
- Latest quarter vs a year ago
- Price to sales
- 0.20
- EV/EBITDA 6.6
Strengths and risks
Strengths
- Quarterly profit up 84.6% on a year ago.
- Quarterly sales up 24.5% on a year ago.
- P/E of 10.7 against an industry P/E of 19.9.
Risks to check
- 38% below its 52-week high.
About Rathi Steel And Power
Rathi Steel And Power Limited manufactures and sells steel and steel-related products in India. The company offers stainless steel billets, flat, wire rods, bright bars, annealed wire rods, rebars, and wires; mild steel TMT bars; and pickled bars and rods. It also operates manufacturing facilities. The company distributes its products through dealers, as well as retail outlets. The company was formerly known as Rathi Udyog Limited and changed its name to…
- Headquarters
- Ghaziabad
- Employees
- 265
- Sector
- Basic Materials
- ISIN
- INE336C01016
- Website
- rathisteelandpower.com
Price range
- Avg volume (3M)
- 49.2K
- 1-year return
- minus 37.6%
- From 52-week high
- minus 38.4%
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% |
| RATHISTRathi Steel And Power | 17.82 | plus 1.48% | 154 | 10.7 | 7.1 | 10.8% | 4.0% | 0.30 | 4.4% | minus 37.6% |
| 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 |
|---|---|---|---|---|---|
| 155 | 156 | 160 | 244 | 193 | |
| 149 | 150 | 154 | 235 | 186 | |
| 6.1 | 6.2 | 6.3 | 9.8 | 7.5 | |
| 3.9% | 4.0% | 4.0% | 4.0% | 3.9% | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | |
| 1.7 | 2.1 | 1.9 | 1.7 | 2.1 | |
| 2.6 | 2.6 | 2.6 | 0.8 | 2.2 | |
| 1.9 | 1.6 | 1.9 | 7.4 | 3.5 | |
| 1.9 | 1.6 | 1.9 | 7.4 | 3.5 | |
| 0.22 | 0.19 | 0.22 | 0.86 | 0.40 |
Profit & loss
- Sales CAGR 3Y
- +4.4%
- Profit CAGR 3Y
- −47.2%
- EPS CAGR 3Y
- −62.3%
- ROE
- 9.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 627 | 488 | 502 | 714 | |
| – | minus 22.1% | +3.0% | +42.0% | |
| 595 | 467 | 479 | 685 | |
| 31.7 | 21.2 | 23.3 | 28.5 | |
| 5.1% | 4.3% | 4.6% | 4.0% | |
| −11.6 | −9.1 | 1 | 0.4 | |
| – | – | 5.4 | 7.4 | |
| 8.3 | 8.7 | 9.6 | 8.6 | |
| 75.7 | 20.3 | 4.7 | 0.1 | |
| 87.5 | 23.6 | 14 | 12.9 | |
| 0.3% | 0.3% | – | – | |
| 87.2 | 23.5 | 14 | 12.9 | |
| – | minus 73.0% | minus 40.7% | minus 7.8% | |
| 27.86 | 2.77 | 1.62 | 1.49 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 76.5 | 95.5 | 95.3 | 95.3 | |
| −146 | 17.2 | 32.9 | 45.7 | |
| 125 | 1.6 | 39.5 | 50.8 | |
| 149 | 105 | 97.8 | 135 | |
| 205 | 220 | 265 | 327 | |
| 65.9 | 70.3 | 89.6 | 103 | |
| – | – | 6.3 | 4.9 | |
| 0.2 | 0.1 | 0.1 | 0.4 | |
| 1.2 | 6.5 | 1.3 | 2.3 | |
| 137 | 143 | 168 | 216 | |
| 205 | 220 | 265 | 327 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 105 | 24.1 | −11.1 | −1.3 | |
| −5.8 | −10.2 | −26.6 | −22.2 | |
| −99.6 | −8.7 | 32.5 | 24.4 | |
| −0.1 | 5.3 | −5.2 | 1 | |
| −6.9 | −13.2 | −28.9 | −23.6 | |
| 98.5 | 11 | −39.9 | −25 |
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.