---
title: "Rathi Graphic Technologies Ltd (524610) — Share Price, Financials & Analysis"
symbol: "524610"
company: "Rathi Graphic Technologies Ltd"
canonical: "https://tapetide.com/stocks/524610"
isin: "INE886C01010"
bse_code: "524610"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T20:37:47.621Z"
---

# Rathi Graphic Technologies Ltd (524610)

Canonical page: https://tapetide.com/stocks/524610

## Company

- **BSE Code:** 524610
- **ISIN:** INE886C01010
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 1994-09-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rathitoner.com

## About

Rathi Graphic Technologies is engaged in the business of manufacturing of tonners and developers for use in photocopier machines and laser printers.

## Latest Price

- **Price:** ₹0.97
- **Change:** 0 (0%)
- **Open:** ₹0.97
- **Day High:** ₹0.97
- **Day Low:** ₹0.97
- **Previous Close:** ₹0.97
- **Volume:** 505
- **As Of:** 2020-05-21T21:23:56+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -141% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.51 | 2.13 | 1.8 | 1.53 | 1.44 | 0.86 | 1.33 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 6.35 | 3.15 | 7.48 | 1.91 | 3.25 | 1.12 | 1.42 | 0.08 | 0.09 | 0.03 | 0.19 | 0.05 |
| Operating Profit | 0.16 | -1.02 | -5.68 | -0.38 | -1.81 | -0.26 | -0.09 | -0.08 | -0.09 | -0.03 | -0.19 | -0.05 |
| OPM % | 2.46 | -47.89 | -315.56 | -24.84 | -125.69 | -30.23 | -6.77 | — | — | — | — | — |
| Other Income | 0.01 | 0 | 0.02 | 0 | 0 | 0 | -8.79 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.39 | 0.41 | -0.42 | 0.01 | 0.02 | 0.01 | 0.01 | 0.13 | 0.12 | 0.13 | 0.38 | 0.13 |
| Depreciation | 0.16 | 0.13 | 0.19 | 0.16 | 0.16 | 0.16 | 0.16 | 0.08 | 0.08 | 0.08 | 0.25 | 0.01 |
| Profit before tax | -0.38 | -1.56 | -5.43 | -0.55 | -1.99 | -0.43 | -9.05 | -0.29 | -0.29 | -0.24 | -0.82 | -0.19 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 10.83 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.39 | -1.56 | -5.43 | -0.55 | -1.99 | -0.43 | -10.03 | -0.29 | -0.29 | -0.24 | -0.83 | -0.19 |
| EPS in Rs | -0.24 | -0.95 | -3.3 | -0.33 | -1.21 | -0.26 | -6.1 | -0.18 | -0.18 | -0.15 | -0.5 | -0.12 |

### Profit & Loss

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

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 27.55 | 29.18 | 30.55 | 31.35 | 31.67 | 18.68 | 0 | 0 | 0 | 0 |
| Expenses | 23.51 | 25.4 | 26.68 | 27.67 | 28.53 | 24.66 | 0.17 | 2.37 | 0.23 | 0.36 |
| Operating Profit | 4.04 | 3.78 | 3.87 | 3.68 | 3.14 | -5.98 | -0.17 | -2.37 | -0.23 | -0.36 |
| OPM % | 14.66 | 12.95 | 12.67 | 11.74 | 9.91 | -32.01 | -240 | 58.42 | — | — |
| Other Income | 0.06 | 0.46 | 0.12 | 0.32 | 3.62 | 0.01 | 0.05 | 14.63 | 0.01 | 0 |
| Interest | 1.75 | 1.55 | 1.48 | 1.41 | 1.48 | 0.71 | 0 | 0.2 | 0.51 | 0.76 |
| Depreciation | 0.87 | 0.9 | 0.85 | 0.75 | 0.66 | 0.64 | 0.51 | 0.48 | 0.34 | 0.42 |
| Profit before tax | 1.48 | 1.79 | 1.66 | 1.84 | 4.62 | -7.32 | -0.63 | 11.58 | -1.07 | -1.54 |
| Tax % | 20.27 | 16.76 | 18.67 | 34.24 | 20.78 | 0 | 0 | 0 | 0 | — |
| Net Profit | 1.18 | 1.49 | 1.35 | 1.21 | 3.65 | -7.32 | -0.63 | 11.58 | -1.07 | -1.55 |
| EPS in Rs | 0.72 | 0.91 | 0.82 | 0.74 | 2.22 | -4.45 | -0.38 | 7.04 | -0.65 | -0.95 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13.94 | 16.44 | 16.44 | 16.44 | 16.44 | 16.44 | 16.44 | 16.44 | 16.44 | 1.36 |
| Reserves | 12.62 | 18.79 | 20.27 | 21.39 | 22.6 | 26.24 | 18.91 | -28.26 | -16.69 | -1.49 |
| Borrowings | 21.02 | 23.52 | 30.81 | 27.48 | 23.13 | 17.42 | 19.01 | 18.96 | 9.13 | 8.27 |
| Other Liabilities | 6.29 | 10.54 | 13.76 | 8.25 | 6.67 | 8.15 | 3.07 | 4.13 | 0.48 | 0.69 |
| Total Liabilities | 53.87 | 69.29 | 81.28 | 73.56 | 68.84 | 68.25 | 57.43 | 11.27 | 9.36 | 8.83 |
| Fixed Assets | 16.48 | 16.35 | 15.47 | 14.57 | 13.96 | 13.67 | 13.15 | 9.26 | 8.78 | 8.44 |
| CWIP | 0.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 16.36 | 22.05 | 31.63 | 31.63 | 31.43 | 30.13 | 30.13 | 0 | 0.12 | 0.12 |
| Other Assets | 20.41 | 30.89 | 34.18 | 27.36 | 23.45 | 24.45 | 14.15 | 2.01 | 0.46 | 0.27 |
| Total Assets | 53.87 | 69.29 | 81.28 | 73.56 | 68.84 | 68.25 | 57.43 | 11.27 | 9.36 | 8.83 |

### Cash Flow

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.44 | -2.97 | 3.89 | 5.68 | 4.72 | 2.31 | -0.93 | 0.01 | 9.38 | -0.05 |
| Cash from Investing Activity | 2.95 | -5.78 | -9.57 | -0.26 | 0.14 | 4.53 | -0.13 | -0.05 | -0.04 | 0 |
| Cash from Financing Activity | -3.37 | 8.26 | 5.83 | -5.63 | -4.68 | -6.96 | 0.89 | 0 | -10.03 | -0.18 |
| Net Cash Flow | 0.02 | -0.49 | 0.15 | -0.22 | 0.18 | -0.12 | -0.16 | -0.03 | -0.69 | -0.23 |
| Free Cash Flow | -3.84 | -3.13 | 3.87 | 5.39 | 4.58 | 2.21 | -1.01 | 0.01 | 9.38 | -0.05 |
| CFO/OP | 35 | -65 | 113 | 157 | 148 | 106 | 16 | -6 | -396 | 22 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 148.6 | 251.86 | 282.57 | 180.89 | 146.12 | 179.56 | 208.29 | — | — | — |
| Inventory Days | 248.25 | 167.16 | 130.5 | 136.71 | 117.79 | 86 | 23.18 | — | — | — |
| Days Payable | 133.6 | 167.96 | 198.86 | 97.06 | 72.36 | 69.17 | 20.23 | — | — | — |
| Cash Conversion Cycle | 263.24 | 251.06 | 214.22 | 220.54 | 191.54 | 196.39 | 211.25 | — | — | — |
| Working Capital Days | 77.24 | 251.99 | 137.84 | 108.13 | 86.74 | 81.83 | 30.48 | — | — | — |
| ROCE % | 2.7 | 6.09 | 5.29 | 4.77 | 5.02 | 4.09 | -11.53 | — | 35.58 | -6.7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 60.63% | 58.66% | 58.66% | 58.66% | 54.54% | 87.91% | 87.91% |
| FIIs | 1.97% | 1.97% | 1.97% | 1.97% | 1.97% | 0.24% | 0.24% |
| DIIs | 0.12% | 0.13% | 0.13% | 0.13% | 1.1% | 0.13% | 0.13% |
| Public | 37.28% | 39.24% | 39.24% | 39.24% | 42.39% | 11.72% | 11.72% |
| No. of Shareholders | 6179 | 6312 | 6324 | 6304 | 6259 | 5736 | 5736 |

### Quarterly

| Category | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.66% | 58.66% | 58.66% | 58.66% | 58.66% | 58.66% | 54.54% | 87.91% | 87.91% | 87.91% | 87.91% | 87.91% |
| FIIs | 1.97% | 1.97% | 1.97% | 1.97% | 1.97% | 1.97% | 1.97% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| DIIs | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 1.1% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% |
| Public | 39.24% | 39.24% | 39.24% | 39.24% | 39.24% | 39.24% | 42.39% | 11.72% | 11.72% | 11.72% | 11.72% | 11.72% |
| No. of Shareholders | 6356 | 6363 | 6324 | 6303 | 6299 | 6304 | 6259 | 5736 | 5736 | 5736 | 5736 | 5736 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 122.6 | Sell |
| EMA (10) | 122.14 | Sell |
| SMA (20) | 129.17 | Sell |
| EMA (20) | 126.73 | Sell |
| SMA (50) | 132.6 | Sell |
| EMA (50) | 129.82 | Sell |
| SMA (100) | 127.61 | Sell |
| EMA (100) | 130.53 | Sell |
| SMA (200) | 134.52 | Sell |
| EMA (200) | 134.97 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.81 | Neutral |
| MACD (12,26,9) | -4.82 | Sell |
| Stochastic (14,3,3) | 8.21 | Buy |
| ADX (14) | 18.28 | Neutral |
| Williams %R (14) | -90.57 | Buy |
| ATR (14) | 8.16 | High Volatility |
| ROC (12) | -14.05 | Sell |
| Stoch RSI (14) | 3.94 | Buy |
| UO (7,14,28) | 22.49 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55f71ef0-dd3f-48d2-9049-1fc714727c66.pdf) |
| 2026-09-08 | [2Nd (Post Completion Of The Corporate Insolvency Resolution Process) Annual General Meeting (AGM) Of The Members Of Rathi Graphic Technologies Limited (The Company) Will Be Held On Wednesday The 30Th Day Of September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d544064-7674-48b7-a0fb-e22297824046.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=345ff526-1d01-41c7-9c32-424f35baed5e.pdf) |
| 2026-09-08 | [Letter To The Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=961fa4eb-186a-4428-b720-b5cb8c228ffc.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01596b7f-5b50-43e7-b936-ea16539dec31.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On September 07 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a490c213-7c5f-4523-9ea8-9bca0b99ccf5.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27917e90-0ac9-4e7a-8621-5dda93ca2c64.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7fc1ac1-0861-4e94-a06f-ca008b4ea90c.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Approval Of Unaudited Standalone Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46ac0568-559d-480c-bb68-512f95f5654e.pdf) |
| 2026-08-12 | [Approval Of Unaudited Standalone Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfe02f72-2fb0-4f82-902b-48429e1ed9ce.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Board meeting on Feb 13, 2026 to approve unaudited standalone Q3 and 9M results ended Dec 31, 2025. | [Board Meeting Intimation for Approval Of Unaudited Financial Results For Quarter And Nine Months Ended December 31, 2025 6 Feb - Board meeting on Feb 13, 2026 to approve unaudited standalone Q3 and 9M results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91734396-375f-4439-939c-4161d4adf055.pdf) |
| 29 December 2025 - Dhanuka Realty renamed Dhanuka Infra Realty; symbol DRL to DIRL effective Jan 02, 2026. | [Name and Symbol Change 29 December 2025 - Dhanuka Realty renamed Dhanuka Infra Realty; symbol DRL to DIRL effective Jan 02, 2026.](https://nsearchives.nseindia.com/corporate/cdaga_29122025180211_CML72032.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7479c5b3-266a-41c1-8335-2839fb39aeb0.pdf) |
| 22 December 2025 - Dhanuka Realty Limited has informed that the name has been changed from | [Name Change 22 December 2025 - Dhanuka Realty Limited has informed that the name has been changed from](https://nsearchives.nseindia.com/corporate/DRL_22122025161813_Announcement.pdf) |
| 19 January 2026 - Exchange has sought clarification from Dhanuka Infra Realty Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. … | [Clarification - Financial Results 19 January 2026 - Exchange has sought clarification from Dhanuka Infra Realty Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=DIRL&tabIndex=sme) |
| 15 January 2026 - Regulation 74(5) not applicable; all shares demat; no rematerialisation requests, quarter ended 31 Dec 2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 15 January 2026 - Regulation 74(5) not applicable; all shares demat; no rematerialisation requests, quarter ended 31 Dec 2025.](https://nsearchives.nseindia.com/corporate/DRL_15012026112608_Attachment.pdf) |
| 14 Feb - Newspaper Publication- Unaudited Financial Results for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication- Unaudited Financial Results for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f110b0be-f985-4443-aaef-e372cf92d2a3.pdf) |
| 14 Apr - Certificate As per Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Certificate As per Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50522b64-587a-4fa9-8fe1-8b93876995f3.pdf) |
| 13 November 2025 - Dhanuka Realty Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025. | [Outcome of Board Meeting 13 November 2025 - Dhanuka Realty Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.](https://nsearchives.nseindia.com/corporate/DRL_13112025201719_Outcomes.pdf) |
| 13 Feb - Board approved unaudited standalone results for quarter and nine months ended Dec 31, 2025; limited review report enclosed. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th February 2026 13 Feb - Board approved unaudited standalone results for quarter and nine months ended Dec 31, 2025; limited review report enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3a7dd2d-9dc0-4a2b-9a10-bef23b38a996.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28767_DRL_2024_2025_A_3788480_06092025163900.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26032_DRL_2023_2024_06092024183655.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23646_DRL_2022_2023_06092023170535_09062023180016.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20470_DRL_2021_2022_23072022173337_07232022180009.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19562_DRL_2020_2021_07092021123012_09072021130008.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17624_DRL_2019_2020_08092020163826_08092020170007.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15142_DRL_2018_2019_06082019173736_06082019180008.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_12825_DRL_2017_2018_03082018153747.zip) |
| from nse | [Financial Year 2017 from nse](https://archives.nseindia.com/annual_reports/SME_AR_11006_DRL_2016_2017_08082017153235.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/524610/5246100318.pdf) |

---

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 2026-09-13T20:37:47.621Z.