Rathi Steel & Power Ltd.

BSE: RATHIST · Iron & Steel Products · sector

₹17.94BSE close 2026-10-26

Key numbers

Market cap₹155 cr

Price₹17.94

52w high / low₹29 / ₹14

P/E7.1xSector median 15.5x

P/B1.0xSector median 1.7x

Book value₹17.4

Dividend yield–Sector median 0.60%

ROE10.1%Sector median 11.1%

ROCE11.4%Sector median 11.9%

OPM4.0%Sector median 6.7%

Debt / equity0.30xSector median 0.21x

EV/EBITDA6.6xSector median 11.8x

Interest cover2.9x

Current ratio1.04x

Sales growth 3y-0.5%Sector median +2.1%

Profit growth 3y+2.3%Sector median +13.0%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹2 cr vs borrowings ₹45 cr (FY26): borrowings are higher by ₹43 cr.
Operating profit covered interest 2.9x in the last 12 months.
Other income was 4% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹17.94 on 2026-10-26: -38.1% from the 52-week high, +32.9% 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

Weekly close · high ₹62.38 · low ₹14.80

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	150	155	156	160	244	193
EBITDA	8	6	6	6	10	8
OPM %	5.3%	3.9%	4.0%	4.0%	4.0%	3.9%
Other income	0	0	0	0	0	0
Net profit	4	2	2	2	7	3
EPS (₹)	0.44	0.22	0.19	0.22	1.72	0.40
Revenue YoY					+63.4%	+24.5%
Profit YoY					+96.1%	+84.1%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	543	727	493	503	716	754
EBITDA	-13	32	41	27	28	30
Net profit	-36	12	24	14	13	14
EPS (₹)	-11.65	27.86	2.77	1.62	2.98	2.53
Revenue growth		+33.9%	-32.2%	+2.1%	+42.3%	–
Profit growth		–	+95.9%	-40.7%	-7.8%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-0.5%	–	–
Net profit	+2.3%	–	–
EPS	-52.5%	–	–
Share price	–	-39.2% (2y)	-24.3%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	137	150
Borrowings	38	45
Cash & equivalents	1	2
Total assets	265	327
Fixed assets	83	98
Capital work in progress	6	5
Investments	0	0
Receivables	25	57
Inventory	50	56
Payables	82	91

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-11	-1
Cash from investing	-27	-22
Cash from financing	32	24
Capex	29	22
Free cash flow	-40	-24

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	10.2%	8.6%
ROCE %	11.1%	10.4%
Debtor days	18	29
Inventory days	48	36
Payable days	80	58
Cash conversion cycle (days)	-14	7
Working capital days	-18	3

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
RATHIST	₹155 cr	7.1x	1.0x	10.1%	11.4%	4.0%	-0.5%	–

All 118 companies in Iron & Steel Products →

Dividends & corporate actions

Ex-date	Action	Detail
2011-09-22	Dividend	Dividend Rs 0.3
2010-09-23	Dividend	Dividend Rs 0.3
2009-09-23	Dividend	Dividend Rs 0.3
2008-09-24	Dividend	Dividend Rs 0.5
2007-09-24	Dividend	Dividend Rs 0.5

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	RATHIST
BSE code	504903
ISIN	INE336C01016
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.