| Revenue growth | FY26 +41.7% YoY to ₹716cr. |
|---|---|
| Margins | EBITDA margins expected to improve with higher capacity utilization. |
| Demand visibility | Healthy infra, railways, and urban development spending in India. |
| Management confidence | Strong due to rejuvenated dealer network and brand equity. |
Growth
Q4 revenue rose 63.3% YoY to ₹244.57cr; FY26 EBITDA grew 18.8% to ₹28.9cr; PAT margin improved to 3%.
Outlook
Guidance of 20-25% average CAGR from FY25 base; focusing on 70-80% capacity utilization and direct charging technology.
Risks
Global steel volatility, elevated fuel costs due to Iran situation, and competitive pressure from cheap imports.
Last quarter's promises, checked
Delivered
- Guided 20% CAGR growth → delivered 41.7% FY26 revenue growth (= BEAT)
- Guided 75-80% capacity utilization → delivered 117% volume growth to 1,02,000 tons (= BEAT)
- Guided TMT mill restart (April 2025) → delivered full operational status in FY26 (= BEAT)
Partly delivered
- Guided EBITDA margin expansion with utilization → delivered 18.8% EBITDA growth but margin remains tight (= PARTIAL)
Earnings Call filed with BSE, NSE: RATHIST. Summary written with AI assistance from the document.
Rathi Steel & Power Ltd: key numbers
- Share price
- ₹21.81
- Market cap
- ₹188.4 Cr
- Revenue (annual)
- ₹716.0 Cr
- Net profit (annual)
- ₹12.86 Cr
- P/E (TTM)
- 13.0×Sector 19.0×
- Promoter holding
- 41.30%+0.00% QoQ
- FII holding
- 2.74%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Rathi Steel & Power Ltd
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Rathi Steel & Power Annual General Meeting
Rathi Steel and Power Limited has filed its Annual Report for the financial year 2025-26, including the Notice of its 55th Annual General Meeting.
Rathi Steel & Power Management Change
Rathi Steel and Power Limited has appointed M/s R. M. Bansal & Co. as Cost Auditors and M/s DIT & Company as Internal Auditors. Both appointments are effective from September 1, 2026.
- Execution
- 12 months
Rathi Steel & Power Earnings Call Transcript: Key Takeaways
Rathi Steel reports strong Q1 FY27 results with 24.6% revenue growth, driven by 30% volume expansion. Strategy focuses on high-margin stainless steel products and 'Direct Charging' technology for cost efficiency.
- Call
- Guides 20% growth
Rathi Steel & Power Investor Presentation: Key Takeaways
Rathi Steel reports strong Q1 FY27 results with 24.6% revenue growth, driven by 30% volume expansion despite soft steel realisations. Strategy focuses on high-margin stainless steel and operational efficiency.
- Call
- Guides 20% growth
Rathi Steel & Power Q1 FY27 Results: Net Profit ₹3.5 Cr, Up 84.2% YoY
Rathi Steel & Power Ltd reported revenue from operations of ₹193.4 Cr (+24.5% YoY) and net profit of ₹3.5 Cr (+84.2% YoY) for Q1 FY27.
- Key figure
- Net profit ₹3.5 Cr · +84.2% YoY