On Wednesday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 0.42 per cent to 23,385.75. Despite the weak market sentiment, Rajputana Stainless share price traded at Rs 128.35, up 2.84 per cent from the previous close.
The stock remained in focus after the company reported its FY26 and Q4 FY26 financial results, crossing the Rs 1,000 crore revenue milestone and reporting double-digit growth in profitability.
Rajputana Stainless Revenue Crosses Rs 1,000 Crore Mark
Rajputana Stainless Limited reported revenue from operations of Rs 1,006.96 crore for FY26, compared with Rs 931.93 crore in FY25, registering a year-on-year growth of 8.05 per cent. The company also reported net profit of Rs 49.82 crore for FY26, up 25.01 per cent from Rs 39.85 crore reported in the previous financial year.
Profit before Tax stood at Rs 66.35 crore for FY26 compared with Rs 54.63 crore in FY25. The company stated that FY26 marked a significant milestone as revenue from operations crossed the Rs 1,000 crore threshold for the first time.
Rajputana Stainless Q4 FY26 Performance
For the quarter ended March 31, 2026, revenue from operations stood at Rs 254.91 crore, compared with Rs 247.91 crore in the corresponding quarter of the previous year, reflecting growth of 2.82 per cent.
Net profit for Q4 FY26 increased to Rs 13.10 crore from Rs 8.27 crore in Q4 FY25, registering a year-on-year growth of 58.47 per cent.
Dividend Recommendation And IPO Update
The Board of Directors recommended a final dividend of 5 per cent of face value, equivalent to Rs 0.50 per equity share of face value Rs 10 each, for FY26, subject to shareholder approval. The board approved the audited financial results and audited financial statements for the financial year ended March 31, 2026.
The company also submitted the Monitoring Agency Report for the quarter ended March 31, 2026, relating to its IPO issue aggregating Rs 178.73 crore, in compliance with applicable SEBI regulations. FY26 also marked the successful completion of the company’s IPO, strengthening its capital base and enhancing its visibility in capital markets.
Management Commentary
Shankarlal D. Mehta, Chairman and Managing Director of Rajputana Stainless Limited, said the company’s FY26 performance reflected its focus on operational excellence, disciplined growth and efficient execution.
He stated that demand from engineering, wire, fastener and infrastructure-linked industries remained healthy during the year, supporting volume growth and realizations. He added that the company remains focused on capacity enhancement, value-added products and long-term value creation.
About Rajputana Stainless
Rajputana Stainless Ltd is a stainless-steel manufacturer with more than three decades of experience in the steel industry. The company manufactures a range of stainless steel long and flat products, including billets, forging ingots, round bars, bright bars, wire rods and flat bars.
Headquartered in Gujarat, the company operates an integrated manufacturing facility at Halol-Kalol Road, Panchmahal, and serves sectors such as automotive, engineering, seamless pipes, fasteners, wire manufacturing, pumps and utensil manufacturing. It also exports products to markets including the UAE, USA, Portugal, South Africa, Turkey, Kuwait and Poland.
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