---
title: "Rathi Ispat Ltd (504896) — Share Price, Financials & Analysis"
symbol: "504896"
company: "Rathi Ispat Ltd"
canonical: "https://tapetide.com/stocks/504896"
isin: "INE235D01018"
bse_code: "504896"
generated_at: "2026-10-13T11:01:39.520Z"
---

# Rathi Ispat Ltd (504896)

Canonical page: https://tapetide.com/stocks/504896

## Company

- **BSE Code:** 504896
- **ISIN:** INE235D01018
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rathiispat.com

## About

Rathi Ispat Ltd. manufactures of Steel, semi-finished ingots (steel ingots) and billets, and steel rolled products at its plant at Gaziabad in Utter Pradesh.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -609% |
| revenue growth | -25% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 19 | 24 | 32 | 58 | 55 | 67 | 55 |
| Expenses | 17 | 21 | 28 | 54 | 51 | 60 | 49 |
| Operating Profit | 2 | 3 | 3 | 4 | 4 | 7 | 6 |
| OPM % | 10 | 12 | 11 | 6 | 8 | 10 | 11 |
| Other Income | 0 | 1 | 0 | 0 | 0 | 2 | 1 |
| Interest | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 3 | 3 | 3 | 4 | 7 | 6 |
| Tax % | 25 | 23 | 25 | 23 | 27 | 25 | 24 |
| Net Profit | 1 | 2 | 2 | 3 | 3 | 6 | 5 |
| EPS in Rs | 1.26 | 2.41 | 2.43 | 2.59 | 2.93 | 5.47 | 4.39 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Sales | 385 | 288 |
| Expenses | 376 | 322 |
| Operating Profit | 9 | -33 |
| OPM % | 2.4 | -12 |
| Other Income | 0 | 1 |
| Interest | 12 | 18 |
| Depreciation | 5 | 5 |
| Profit before tax | -7 | -56 |
| Tax % | 2 | -5 |
| Net Profit | -7 | -53 |
| EPS in Rs | -9.33 | -65.94 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Equity Capital | 8 | 8 |
| Reserves | 28 | -25 |
| Borrowings | 91 | 129 |
| Other Liabilities | 100 | 81 |
| Total Liabilities | 227 | 194 |
| Fixed Assets | 43 | 41 |
| CWIP | 6 | 4 |
| Investments | 0 | 0 |
| Other Assets | 179 | 149 |
| Total Assets | 227 | 194 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Cash from Operating Activity | -3 | -17 |
| Cash from Investing Activity | -14 | -10 |
| Cash from Financing Activity | 24 | 20 |
| Net Cash Flow | 7 | -7 |
| Free Cash Flow | -17 | -19 |
| CFO/OP | -28 | 51 |

### Ratios

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Debtor Days | 52 | 71 |
| Inventory Days | 107 | 46 |
| Days Payable | 95 | 94 |
| Cash Conversion Cycle | 65 | 23 |
| Working Capital Days | 69 | 72 |
| ROCE % | — | -32 |

## Shareholding Pattern

### annual

| Category | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- |
| Promoters | 71.44% | 71.44% | 69% | 55.61% |
| Public | 28.56% | 28.57% | 31.01% | 44.39% |
| No. of Shareholders | 408 | 757 | 1125 | 1337 |

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Nov 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.44% | 71.44% | 71.44% | 71.44% | 71.68% | 68.51% | 69% | 61.25% | 56.28% | 55.61% |
| Public | 28.56% | 28.56% | 28.55% | 28.57% | 28.31% | 31.49% | 31.01% | 38.76% | 43.72% | 44.39% |
| No. of Shareholders | 156 | 408 | 540 | 757 | 1142 | 1150 | 1125 | 1176 | 1197 | 1337 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2568.41 | Sell |
| EMA (10) | 2516.34 | Sell |
| SMA (20) | 2540.65 | Sell |
| EMA (20) | 2524.91 | Sell |
| SMA (50) | 2517.03 | Sell |
| EMA (50) | 2543.59 | Sell |
| SMA (100) | 2630.89 | Sell |
| EMA (100) | 2582.69 | Sell |
| SMA (200) | 2656.42 | Sell |
| EMA (200) | 2572.86 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.36 | Neutral |
| MACD (12,26,9) | -4.75 | Sell |
| Stochastic (14,3,3) | 19.37 | Buy |
| ADX (14) | 17.51 | Neutral |
| Williams %R (14) | -68.37 | Neutral |
| ATR (14) | 89.93 | High Volatility |
| ROC (12) | 0.97 | Buy |
| Stoch RSI (14) | 20.08 | Neutral |
| UO (7,14,28) | 49.45 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-07 | [Board Meeting Outcome for Outcome Of Meeting Of The Board Held On Today, 07Th March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b5bc5b6-de3b-414c-a7ff-43a6c74a16a9.pdf) |
| 2026-03-02 | [Board Meeting Intimation for Intimation Of Meeting Of The Board Of The Company Is Scheduled To Be Held On March 07, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/088df581-41e3-4da5-a418-654f724bdd1e.pdf) |
| 2026-01-31 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35c82e05-484a-44af-a9f7-dac318b90f0d.pdf) |
| 2026-01-27 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1D80FE98_BD36_4F7E_B5F4_DC47CE2631E9_101421.pdf) |
| 2026-01-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ee2c52a-04f4-4867-882f-024c6be49564.pdf) |
| 2025-12-13 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f273d47d-94c2-43ce-a4b3-067ba6cf5b3d.pdf) |
| 2025-12-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ed26f9c-e1e0-4875-99e0-132fd74df0ab.pdf) |
| — | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7bb51c9c-d00d-4ae6-a85f-41c56465a707.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66eebe05-07dd-4acc-a3eb-a4c8a7d5be2a.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f3b16a2-8208-4051-affd-8ba3125d5c09.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c821b16c-1fbb-4557-b480-f44fc0ddf876.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543544/76390543544.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Dec 2025 | [Concall - Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ed26f9c-e1e0-4875-99e0-132fd74df0ab.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-06-27 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:39.520Z.