Rajnandini Metal Limited
NSE: RAJMET · Other · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹13 cr (FY26): borrowings are higher by ₹13 cr.
- Operating profit covered interest 2.1x in the last 12 months.
- Promoter holding fell by 1.12 percentage points in a year, to 30.49% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY24, FY23, FY22).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 74% of net profit in the last 12 months.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹2.79 on 2026-10-26: -47.2% from the 52-week high, +2.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 278 | 233 | 209 | 74 | 71 | 62 | 56 | 52 |
| EBITDA | 1 | 2 | -1 | -1 | 1 | 1 | 2 | 1 |
| OPM % | 0.3% | 1.1% | -0.5% | -1.9% | 1.0% | 2.2% | 4.2% | 2.0% |
| Other income | 1 | 1 | 4 | 1 | 0 | 0 | 0 | 1 |
| Net profit | -1 | 0 | 0 | -2 | 0 | 1 | 1 | 0 |
| EPS (₹) | -0.04 | 0.00 | 0.01 | -0.06 | 0.00 | 0.02 | 0.04 | 0.01 |
| Revenue YoY | -74.4% | -73.4% | -72.9% | -29.7% | ||||
| Profit YoY | – | +466.7% | +197.4% | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,028 | 1,029 | 1,212 | 1,034 | 263 | 241 |
| EBITDA | 18 | 19 | 21 | 3 | 3 | 5 |
| Net profit | 10 | 14 | 15 | -2 | -0 | 2 |
| EPS (₹) | 5.44 | 0.50 | 0.55 | -0.08 | 0.00 | 0.07 |
| Revenue growth | +0.1% | +17.8% | -14.8% | -74.5% | -69.5% | |
| Profit growth | +36.5% | +11.4% | -114.2% | – | – | |
| Dividend / share (₹) | – | 1.00 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -36.5% | -16.0% | -69.6% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -45.1% (2y) | -34.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 41 | 57 | 56 | 56 |
| Borrowings | – | 72 | 100 | 44 | 13 |
| Cash & equivalents | – | 1 | 1 | 1 | 1 |
| Total assets | – | 140 | 164 | 148 | 119 |
| Fixed assets | – | 35 | 34 | 33 | 21 |
| Capital work in progress | – | 0 | 1 | 2 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 33 | 25 | 11 | 3 |
| Inventory | – | 62 | 97 | 93 | 82 |
| Payables | – | 23 | 0 | 43 | 44 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 7 | -3 | -20 | 62 | 22 |
| Cash from investing | 1 | -9 | 2 | 5 | 13 |
| Cash from financing | 13 | 11 | 17 | -67 | -34 |
| Capex | 1 | 11 | 2 | 0 | 0 |
| Free cash flow | 6 | -14 | -21 | 62 | 21 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 33.0% | 26.9% | -3.8% | -0.6% |
| ROCE % | – | 25.1% | 18.3% | 10.4% | 4.7% |
| Debtor days | – | 12 | 7 | 4 | 4 |
| Inventory days | – | 23 | 31 | 34 | 121 |
| Payable days | – | 8 | 0 | 16 | 64 |
| Cash conversion cycle (days) | – | 27 | 38 | 22 | 61 |
| Working capital days | – | 6 | 9 | 11 | 59 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 30.49% |
| Public (non-institutions) | 69.51% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% | 30.49% |
| Promoter group | % |
|---|---|
| Het Ram | 30.48% |
| Mithlesh Sharma | 0.00% |
| RAJ Bala | 0.00% |
| Atma RAM Sharma | 0.00% |
| Nandini Sharma | 0.00% |
| Atma RAM HUF | 0.00% |
| HET RAM HUF | 0.00% |
| Rajkumar Sharma | 0.00% |
| Viraj Technology India Limited | 0.00% |
| Kapil Sharma | 0.00% |
| Manglesh Sharma | 0.00% |
| Lakshay Sharma | 0.00% |
| Mohan Sharma | 0.00% |
| Pushpa Sharma | 0.00% |
| Ritu Sharma | 0.00% |
2,20,591 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| RAJMET | ₹77 cr | 39.9x | 1.4x | 3.7% | 8.3% | 2.3% | -36.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-14 | Other | Annual General Meeting |
| 2022-11-30 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2022-11-11 | Other | Extra-Ordinary General Meeting |
| 2022-09-15 | Bonus | Bonus 1:2 |
| 2022-08-30 | Other | Annual General Meeting |
| 2022-08-11 | Dividend | Interim Dividend - Re 1 Per Share |
| 2021-09-02 | Bonus | Bonus 1:2 |
| 2021-08-18 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | RAJMET |
| BSE code | – |
| ISIN | INE00KV01022 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.