Rajasthan Tube Manufacturing Co Ltd (RAJGASES) — shareholding pattern, promoter holding, financials and share price
About Rajasthan Tube Manufacturing Co Ltd (RAJGASES)
Rajasthan Tube Manufacturing Co Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as RAJGASES and on the BSE under scrip code 530253. Its ISIN is INE497E01020.
Incorporated in 1985, Rajasthan Tubes Mfg. Co. Ltd is in the business of manufacturing of ERW steel tubes. [1]
Rajasthan Tube Manufacturing Company Limited specializes in manufacturing various types of steel pipes and tubes, including black steel, galvanized, and square tubes. They also produce hot rolled sheets for diverse industrial applications.
The company benefits from reduced transportation costs, providing a competitive pricing edge in Rajasthan against outside suppliers. This pricing advantage leverages the geographical proximity of their production facilities to the regional market.
Listed peers in Iron & Steel Products: Acrow India Ltd, Taparia Tools Ltd, Kasturi Metal Composite Ltd, Ahlada Engineers Ltd.
Valuation & Returns
10 Jul 2026At ₹12.04 a share on 10 Jul 2026, Rajasthan Tube Manufacturing Co Ltd (RAJGASES) was valued at a price-to-earnings ratio of 43.77x against an industry P/E of 37x and a price-to-book of 6.19x on a book value of ₹1.95 per share as of Mar 2025. Solomo computes return on equity of 14.14% and return on capital employed of 12.32% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 43.77x
- Industry P/E
- 37x
- P/B
- 6.19x
- EPS (TTM)
- ₹0.28
- Book value / share
- ₹1.95
- ROE
- 14.14%
- ROCE
- 12.32%
- ROA
- 6.4%
- Debt / equity
- 0.79x
- Dividend yield
- 0%
- EBITDA margin
- 11.76%
- 52-week range
- ₹11.31 – ₹48.51
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rajasthan Tube Manufacturing Co Ltd (RAJGASES) reported revenue of ₹17.01 crore, net profit of ₹1.24 crore and earnings per share of ₹0.28. That compares with revenue of ₹56.34 crore and net profit of ₹0.49 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, net profit ₹-0.56 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 53.17 | 99.88 | 94.91 | 56.34 | 17.01 |
| Net profit (₹ cr) | 0.56 | 0.96 | 0.72 | 0.49 | 1.24 |
| EPS (₹) | 0.12 | 0.21 | 0.16 | 0.11 | 0.28 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -4.78% | 6.35% | 1.95% | -40.64% |
| Profit growth | 8.69% | - | -4.67% | -31.94% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 16.8% of Rajasthan Tube Manufacturing Co Ltd (RAJGASES) (unchanged from the previous quarter). Market capitalisation was ₹54 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HUF 5.36%, PUSHPA BHAJU 5.32%, CHANCHAL 4.8%, YAMINI MAHAWAR 4.66%, VASU DEV JETWAL 3.07%, DEEPAK MANAKCHAND JAIN 2.93%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 16.8% | - | - | - | 83.2% |
| Mar 2026 | 16.8% | - | - | 0.42% | 83.2% |
| Dec 2025 | 16.8% | - | - | 0.52% | 83.2% |
| Sep 2025 | 16.5% | - | - | - | 83.5% |
| Jun 2025 | 0% | - | - | - | 100% |
| Mar 2025 | 34.08% | - | - | - | 65.92% |
| Dec 2024 | 34.19% | - | - | - | 65.81% |
| Sep 2024 | 54.48% | - | - | - | 45.52% |