Rathi Steel & Power Ltd (RATHIST) — shareholding pattern, promoter holding, financials and share price
About Rathi Steel & Power Ltd (RATHIST)
Rathi Steel & Power Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as RATHIST and on the BSE under scrip code 504903. Its ISIN is INE336C01016.
Incorporated in 1971, Rathi Steel And Power Ltd is in the business of Steel and Steel related products [1]
Rathi Steel And Power Limited is an integrated steel manufacturer operating a modern Ghaziabad campus that produces stainless steel billets, wire rods, bright bars and TMT rebars; the plant reports ~85,000 TPA melting capacity and 200,000 TPA rolling capacity with a unique direct billet charging capability that feeds molten billets directly to the rolling mill for energy and yield advantages.
The company has completed a financial turnaround, achieving zero-debt status after a ₹114.71 crore preferential allotment and reporting 9M FY26 total income of ₹471.93 crore (up 32.67% year-on-year), with Q3 FY26 revenue rising ~51% to ₹160.09 crore and notable EBITDA and PAT improvements driven by higher realizations and utilization gains.
Listed peers in Iron & Steel Products: Vibhor Steel Tubes Ltd, Rudra Global Infra Products Ltd, Shri Bajrang Alliance Ltd, Surani Steel Tubes Ltd, Incredible Industries Ltd, Bansal Roofing Products Ltd.
Valuation & Returns
10 Jul 2026At ₹21.55 a share on 10 Jul 2026, Rathi Steel & Power Ltd (RATHIST) was valued at a price-to-earnings ratio of 14.45x against an industry P/E of 37x and a price-to-book of 1.45x on a book value of ₹14.84 per share as of Mar 2025. Solomo computes return on equity of 10.05% and return on capital employed of 11.62% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.45x
- Industry P/E
- 37x
- P/B
- 1.45x
- EPS (TTM)
- ₹1.49
- Book value / share
- ₹14.84
- ROE
- 10.05%
- ROCE
- 11.62%
- ROA
- 4.85%
- Debt / equity
- 0.36x
- Dividend yield
- 0%
- EBITDA margin
- 4.04%
- 52-week range
- ₹13.5 – ₹31.48
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rathi Steel & Power Ltd (RATHIST) reported revenue of ₹716 crore, net profit of ₹13 crore and earnings per share of ₹1.49. That compares with revenue of ₹503 crore and net profit of ₹14 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Jun 2014, revenue was ₹102 crore and net profit ₹-16 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 543 | 727 | 493 | 503 | 716 |
| Net profit (₹ cr) | -36 | 87 | 24 | 14 | 13 |
| EPS (₹) | -11.66 | 27.86 | 2.77 | 1.62 | 1.49 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -2.01% | 68.06% | -2.48% | 2.02% |
| Profit growth | - | - | - | -40.71% |
| Stock price CAGR | 20% | - | 62% | -22% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 41.3% of Rathi Steel & Power Ltd (RATHIST) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.74% and domestic institutional investors (DII) hold 2.49%. Market capitalisation was ₹186 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: ASG TRADING PVT LTD. 6.53%, ENFORCEMENT DIRECTORATE RAIPUR 3.59%, EBISU GLOBAL OPPORTUNITIES FUND LIMITED 1.88%, SAMMYS DREAMLAND CO PRIVATE LIMITED 1.65%, FIRST RATE INVESTMENTS PRIVATE LIMITED 1.31%, CANARA BANK-MUMBAI 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 41.3% | - | 2.74% | 2.49% | 58.7% |
| Mar 2026 | 41.3% | - | 2.7% | 2.49% | 58.7% |
| Dec 2025 | 41.3% | - | 5.01% | 2.49% | 58.7% |
| Sep 2025 | 41.3% | - | 5.01% | 2.49% | 58.7% |
| Jun 2025 | 41.3% | - | 5.04% | 2.49% | 58.7% |
| Mar 2025 | 41.3% | - | 8.63% | 2.49% | 58.7% |
| Dec 2024 | 40.32% | - | 8.94% | 2.52% | 59.68% |
| Sep 2024 | 40.32% | - | 8.95% | 2.89% | 59.68% |