---
title: "Rajesh Malleables Ltd (513630) — Share Price, Financials & Analysis"
symbol: "513630"
company: "Rajesh Malleables Ltd"
canonical: "https://tapetide.com/stocks/513630"
bse_code: "513630"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:51:10.674Z"
---

# Rajesh Malleables Ltd (513630)

Canonical page: https://tapetide.com/stocks/513630

## Company

- **BSE Code:** 513630
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2012-04-18
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rajeshmalleables.com

## About

Rajesh Malleables Limited engages in trading steel tubes in India.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.03 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.58% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 30% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 1.58 | 0 |
| Expenses | 0.01 | 0.02 | 0.01 | 1.63 | 0.01 |
| Operating Profit | -0.01 | -0.02 | -0.01 | -0.05 | -0.01 |
| OPM % | — | — | — | -3.16 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | -0.02 | -0.01 | -0.05 | -0.01 |
| Tax % | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.01 | -0.02 | -0.01 | -0.05 | -0.01 |
| EPS in Rs | -0.03 | -0.06 | -0.03 | -0.14 | -0.03 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2009 | Mar 2010 | Dec 2010 9m | Mar 2012 15m | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.08 | 5.73 | 3.33 | 2.88 | 6.24 | 0.16 | 1.58 | 0 |
| Expenses | 12.04 | 6.09 | 3.7 | 3.11 | 4.96 | 0.29 | 1.68 | 0.11 |
| Operating Profit | -4.96 | -0.36 | -0.37 | -0.23 | 1.28 | -0.13 | -0.1 | -0.11 |
| OPM % | -70.06 | -6.28 | -11.11 | -7.99 | 20.51 | -81.25 | -6.33 | — |
| Other Income | 0.2 | 0.01 | 0.89 | 1.2 | -0.91 | 0.11 | 0 | 0.04 |
| Interest | 0.35 | 0.04 | 0.26 | 0.01 | 0.03 | 0 | 0 | 0 |
| Depreciation | 0.07 | 0.06 | 0.06 | 0.03 | 0 | 0 | 0 | 0 |
| Profit before tax | -5.18 | -0.45 | 0.2 | 0.93 | 0.34 | -0.02 | -0.1 | -0.07 |
| Tax % | 1.35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -5.25 | -0.45 | 0.2 | 0.93 | 0.34 | -0.02 | -0.1 | -0.07 |
| EPS in Rs | — | — | — | 2.66 | 0.97 | -0.06 | -0.29 | -0.2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2009 | Mar 2010 | Dec 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 |
| Reserves | -12.04 | -15.54 | -15.79 | 0.48 | -1.81 | -1.83 | 16.65 | 16.65 |
| Borrowings | 10.31 | 12.65 | 13.71 | 1.12 | 0.25 | 0 | 0 | 0 |
| Other Liabilities | 7.17 | 8.55 | 7.65 | 3.79 | 0.84 | 0.61 | 2.25 | 0.61 |
| Total Liabilities | 8.44 | 8.66 | 8.57 | 8.89 | 2.78 | 2.28 | 22.4 | 20.76 |
| Fixed Assets | 5.1 | 4.21 | 3.6 | 3.47 | 0.17 | 0.17 | 0.17 | 0.17 |
| CWIP | 0 | 0 | 0.42 | 0.57 | 1.1 | 1.1 | 1.1 | 1.1 |
| Investments | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.33 | 4.45 | 4.55 | 4.85 | 1.51 | 1.01 | 21.13 | 19.49 |
| Total Assets | 8.44 | 8.66 | 8.57 | 8.89 | 2.78 | 2.28 | 22.4 | 20.76 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2009 | Mar 2010 | Dec 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1.81 | — | 0 | — | -8.53 | 0.05 | -0.1 | 0.05 |
| Cash from Investing Activity | 0 | — | 0 | — | 9.64 | 0 | 0 | 0 |
| Cash from Financing Activity | 1.96 | — | 0 | — | -0.92 | -0.26 | 0 | 0 |
| Net Cash Flow | 0.15 | — | 0 | — | 0.19 | -0.21 | -0.1 | 0.05 |
| Free Cash Flow | -1.81 | — | 0 | — | 1.1 | 0.05 | -0.1 | 0.05 |
| CFO/OP | 36 | — | 0 | — | -666 | -38 | 100 | -45 |

### Ratios

| Item | Mar 2006 | Mar 2009 | Mar 2010 | Dec 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 41.76 | 173.9 | 317.87 | 150.82 | 63.76 | 1825 | 568.29 | — |
| Inventory Days | 352.36 | 463.15 | 319.1 | 745.21 | 0 | 0 | 0 | — |
| Days Payable | 600.43 | 1729.92 | 1127.78 | 299.82 | — | — | — | — |
| Cash Conversion Cycle | -206.32 | -1092.86 | -490.81 | 596.2 | 63.76 | 1825 | 568.29 | — |
| Working Capital Days | -196.42 | -257.35 | -332.12 | 136.88 | 29.25 | 1003.75 | 4391.55 | — |
| ROCE % | — | — | 91.26 | 37.62 | 36.65 | -1.11 | -0.92 | -0.35 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56.66% | 53.99% | 54.26% | 54.33% | 54.48% | 54.48% | 54.48% | 54.47% | 54.47% | 54.47% |
| FIIs | 7.71% | 4.9% | 4.03% | 5.47% | 3.97% | 2.13% | 1.9% | 7.23% | 7.48% | 7.46% |
| DIIs | 24.53% | 30.95% | 31.64% | 31.62% | 27.43% | 21.47% | 19.67% | 17.63% | 14.93% | 14.45% |
| Public | 11.09% | 10.16% | 10.08% | 8.58% | 14.12% | 21.92% | 23.93% | 20.66% | 23.12% | 23.62% |
| No. of Shareholders | 16296 | 21111 | 24607 | 39667 | 71186 | 124482 | 139844 | 153588 | 191068 | 195012 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 54.48% | 54.48% | 54.48% | 54.48% | 54.47% | 54.47% | 54.47% | 54.47% | 54.47% | 54.47% | 54.47% | 54.47% |
| FIIs | 1.9% | 2.4% | 2.97% | 4.51% | 7.23% | 7.63% | 7.95% | 8.52% | 7.48% | 7.29% | 7.45% | 7.46% |
| DIIs | 19.67% | 18.64% | 19.96% | 19.72% | 17.63% | 19.32% | 17.79% | 15.46% | 14.93% | 14.16% | 14.06% | 14.45% |
| Public | 23.93% | 24.48% | 22.6% | 21.28% | 20.66% | 18.57% | 19.8% | 21.55% | 23.12% | 24.07% | 24.02% | 23.62% |
| No. of Shareholders | 139844 | 137954 | 134365 | 128021 | 153588 | 154029 | 159570 | 173239 | 191068 | 198952 | 199256 | 195012 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 979.22 | Sell |
| EMA (10) | 972.99 | Sell |
| SMA (20) | 1013.03 | Sell |
| EMA (20) | 995 | Sell |
| SMA (50) | 1021.31 | Sell |
| EMA (50) | 1011.04 | Sell |
| SMA (100) | 1018.1 | Sell |
| EMA (100) | 1024.42 | Sell |
| SMA (200) | 1072.92 | Sell |
| EMA (200) | 1042.27 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.12 | Neutral |
| MACD (12,26,9) | -22.03 | Sell |
| Stochastic (14,3,3) | 12.76 | Buy |
| ADX (14) | 18.66 | Neutral |
| Williams %R (14) | -89.42 | Buy |
| ATR (14) | 36.61 | High Volatility |
| ROC (12) | -8.68 | Sell |
| Stoch RSI (14) | 8.01 | Buy |
| UO (7,14,28) | 42.07 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 27 Feb - Paid Rs.50 Crore CP redemption and Rs.53.73 L interest on 27-Feb-2026. | [Intimation of Repayment of Commercial Paper (CP) 27 Feb - Paid Rs.50 Crore CP redemption and Rs.53.73 L interest on 27-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/477136b3-1995-48b5-9354-b0675a148881.pdf) |
| 25 Feb - Acuite reaffirmed long-term ACUITE AA (Stable) and short-term ACUITE A1+, removed from Rating Watch (25 Feb 2026). | [Announcement under Regulation 30 (LODR)-Credit Rating 25 Feb - Acuite reaffirmed long-term ACUITE AA (Stable) and short-term ACUITE A1+, removed from Rating Watch (25 Feb 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b1c8093-7848-4414-b710-3218c028d677.pdf) |
| 21 Feb - LOI for 5-year IGR Maharashtra IT modernization; Rs24.75/page; expected ~Rs1,136.18 Crore; completion by Mar 19, 2032. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 21 Feb - LOI for 5-year IGR Maharashtra IT modernization; Rs24.75/page; expected ~Rs1,136.18 Crore; completion by Mar 19, 2032.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4e9d718-40d1-4121-b444-ed520231bde2.pdf) |
| 20 Feb - Officials to speak in ICRA Road Sector webinar on 25 Feb 2026, 4:00 PM; no UPSI shared. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Feb - Officials to speak in ICRA Road Sector webinar on 25 Feb 2026, 4:00 PM; no UPSI shared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecfddeba-7ddd-4570-9ce9-b809f3252e7a.pdf) |
| 16 Feb - Issued Rs50 crore CPs on Feb 16, 2026; 42-day maturity March 30; 6.90% unsecured. | [Announcement under Regulation 30 (LODR)-Issue of Securities 16 Feb - Issued Rs50 crore CPs on Feb 16, 2026; 42-day maturity March 30; 6.90% unsecured.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98ca9a0c-8ea8-4f6b-b2e9-88a334a5e60b.pdf) |
| 16 Feb - Cancelled Dolat Capital 1x1/group investor meeting at Grand Hyatt Mumbai on 18 Feb 2026, 9:30–12:30. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Feb - Cancelled Dolat Capital 1x1/group investor meeting at Grand Hyatt Mumbai on 18 Feb 2026, 9:30–12:30.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02143607-982a-44d0-b7b2-86321e986c32.pdf) |
| 15 Feb - Investor meetings on 18 Feb 2026, 9:30–12:30, Mumbai; organized by Dolat Capital at Grand Hyatt. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Feb - Investor meetings on 18 Feb 2026, 9:30–12:30, Mumbai; organized by Dolat Capital at Grand Hyatt.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68c3964b-f5cc-4222-90b4-937ca5d4e1ba.pdf) |
| 14h - Ashoka Buildcon to attend virtual Arihant Capital group investor meeting on 11 March 2026, 4–5 PM; no UPSI. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14h - Ashoka Buildcon to attend virtual Arihant Capital group investor meeting on 11 March 2026, 4–5 PM; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/857d1e46-85b9-4ce8-9ec7-ab7eea7c6e5f.pdf) |
| 14 Feb - Record date 23/02/2026 for CP (Scrip 730880, ISIN INE442H14493) maturing 27/02/2026. | [Record Date For Commercial Papers Of Ashoka Buildcon Limited-Regulation 60(2) Record Date For Redemption 14 Feb - Record date 23/02/2026 for CP (Scrip 730880, ISIN INE442H14493) maturing 27/02/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0cdedab3-f917-4c6a-bf33-c9aa6aa0d9dd.pdf) |
| 14 Feb - Received LOA for Liberia road EPC project worth USD45,276,621.07; 24-month execution period. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 14 Feb - Received LOA for Liberia road EPC project worth USD45,276,621.07; 24-month execution period.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f8d38d35-7406-4464-99dd-7283426300e5.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8073739-0dc7-422b-b79c-e7dbfdbb646e.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ddd3a5f-dc6a-4398-9625-825ade66751b.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/725ed450-4c90-4f43-8e96-834b2f2f485d.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50b7ce06-7cb8-4b5e-a45f-6f95901f1868.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0ada937-5554-448e-b433-6f6d57e419a1.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4da8307f-5e60-4fc0-809a-3483165a90ad.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/699ea265-bf96-4358-a0a7-070d1591f6d3.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d549366e-5cfc-4ce1-ae82-7081a162d994.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7fa185a-47d5-4198-8233-f4a8506319e6.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10855f26-3850-4f97-a9ed-a9c48a5b5668.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_ASHOKA_2011_2012_02072012110857.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ea14a7a-2a21-4fbd-9c83-91de83d26408.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bc44f7f-3f4c-44ab-9fc2-aabfe64a1923.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/622a3d0b-0c7b-4056-8c28-404ba2fab0a3.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/75173533271.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/69764533271_18_12_21.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/5332710320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/5332710319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/5332710318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533271/5332710317.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 2026-09-13T18:51:10.674Z.
