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Adverse Business Impact

Rathi Bars Adverse Business Impact

Rathi Bars Limited has temporarily suspended manufacturing operations due to an Income-tax search, GRAP Stage IV restrictions, and regulatory issues. The company also warned of a likely debt default due to liquidity constraints. Professional advisors have been appointed to initiate a revival and restructuring plan with lenders including Axis Bank, YES Bank, and HDFC Bank.

Source

BSE filing, NSE: RATHIBAR. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Rathi Bars Ltd: key numbers

Share price
₹15.26
Market cap
₹24.92 Cr
Revenue (annual)
₹368.6 Cr
Net profit (annual)
₹-11.52 Cr
P/E (TTM)
-0.9×Sector 16.5×
Promoter holding
64.01%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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