Dashboard
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 4.99%
- Poor long term growth as Net Sales has grown by an annual rate of 9.53% and Operating profit at 7.17% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.90 times
Flat results in Sep 25
Below par performance in long term as well as near term
Stock DNA
Iron & Steel Products
INR 44 Cr (Micro Cap)
12.00
28
0.00%
0.85
3.91%
0.46
Total Returns (Price + Dividend) 
Rathi Bars for the last several years.
Risk Adjusted Returns v/s 
Returns Beta
News
Are Rathi Bars latest results good or bad?
Rathi Bars' latest financial results for Q2 FY26 present a mixed operational picture. The company reported a net profit of ₹0.97 crore, reflecting a sequential increase of 15.48% from the previous quarter, which indicates some improvement in profitability. However, revenue for the same period was ₹125.60 crore, showing a sequential decline of 5.45% from ₹132.84 crore in Q1 FY26, although it did achieve a year-on-year growth of 25.68% compared to ₹99.94 crore in Q2 FY25. This revenue decline suggests challenges in maintaining sales momentum despite favorable year-on-year comparisons. The operating margin improved to 2.89%, up from 2.36% in the previous quarter, indicating enhanced operational efficiency. However, this margin remains low compared to historical levels, highlighting ongoing structural challenges. The profit after tax (PAT) margin also saw a slight improvement to 0.77%, yet it remains thin, whi...
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Rathi Bars Q2 FY26: Profitability Under Pressure Despite Revenue Growth
Rathi Bars Ltd., a micro-cap manufacturer of TMT steel bars and low-carbon billets, reported net profit of ₹0.97 crores for Q2 FY26, representing a sequential increase of 15.48% from ₹0.84 crores in Q1 FY26 but a substantial year-on-year surge of 61.67% from ₹0.60 crores in Q2 FY25. However, the company's stock continues to languish near its 52-week low of ₹26.90, currently trading at ₹28.30 with a market capitalisation of ₹46.21 crores, reflecting persistent investor concerns about margin sustainability and operational efficiency in a highly competitive steel sector.
Read MoreHow has been the historical performance of Rathi Bars?
Answer: The historical performance of Rathi Bars shows fluctuations in key financial metrics over the years, particularly in net sales, operating profit, and profit after tax. Breakdown: Rathi Bars reported net sales of 496.29 Cr in Mar'25, a decrease from 614.04 Cr in Mar'24, but an increase from 482.36 Cr in Mar'23. The total operating income mirrored this trend, with figures of 496.29 Cr in Mar'25, 614.04 Cr in Mar'24, and 482.36 Cr in Mar'23. The raw material costs were 298.16 Cr in Mar'25, down from 372.13 Cr in Mar'24, while the purchase of finished goods also decreased to 161.64 Cr in Mar'25 from 204.78 Cr in Mar'24. Operating profit (PBDIT) was 14.78 Cr in Mar'25, slightly up from 14.68 Cr in Mar'24, but down from 15.25 Cr in Mar'23. Profit before tax was reported at 3.52 Cr in Mar'25, down from 4.05 Cr in Mar'24, while profit after tax was 2.57 Cr in Mar'25, compared to 3.57 Cr in Mar'24. The tota...
Read More Announcements 
Announcement under Regulation 30 (LODR)-Newspaper Publication
13-Nov-2025 | Source : BSENewspaper Publication pertaining to the Unaudited Financial for the 2nd Quarter and Half Year ended 30.09.2025
Financial Results For The Quarter & Half Year Ended September 30 2025
12-Nov-2025 | Source : BSEFinancial Results for the Quarter and Half Year ended September 30 2025
Board Meeting Outcome for Regulation 30 Of SEBI (LODR) Regulations 2015-Outcome Of The Board Meeting Held On Wednesday November 12 2025
12-Nov-2025 | Source : BSEOutcome of the Board Meeting held on Wednesday November 12 2025
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Promoters
None
Held by 0 Schemes
Held by 0 FIIs
Pushpa Rathi (9.72%)
Narpat Singh (2.23%)
34.76%
Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ
QoQ Growth in quarter ended Sep 2025 is -5.45% vs -3.86% in Jun 2025
QoQ Growth in quarter ended Sep 2025 is 15.48% vs -21.50% in Jun 2025
Half Yearly Results Snapshot (Standalone) - Sep'25
Growth in half year ended Sep 2025 is 4.38% vs -27.56% in Sep 2024
Growth in half year ended Sep 2025 is 16.03% vs -21.21% in Sep 2024
Nine Monthly Results Snapshot (Standalone) - Dec'24
YoY Growth in nine months ended Dec 2024 is -24.80% vs 68.14% in Dec 2023
YoY Growth in nine months ended Dec 2024 is -12.81% vs 17.08% in Dec 2023
Annual Results Snapshot (Standalone) - Mar'25
YoY Growth in year ended Mar 2025 is -19.18% vs 27.30% in Mar 2024
YoY Growth in year ended Mar 2025 is -28.01% vs 38.37% in Mar 2024






