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P S Raj Steels

PSRAJ NSE
₹89.00 −3.65 (−3.94%)
View as Markdown
MCP
Close 4 Nov 2026 ₹89.00 +34.43 +63.1% 1Y
Start ₹54.57

Key Fundamentals

SMEIndustrial ProductsCapital Goods

Price-based figures as of · TTM

ROCE
16.10%
Debt to Equity
0.01
EPS (TTM)
—
Book Value
₹19.50
Market Cap
—
P/E (TTM)
—
P/B
4.56
ROE
12.40%
Dividend Yield
0.00%
EBITDA
₹13.20 Cr
52W High
₹312.70
52W Low
₹46.41
Day Range
₹88.00 – ₹93.00
Volume
25,000

Peer Comparison

Industrials › Industrial Products › Iron & Steel Products

P S Raj Steels peer comparison
Welspun Corp
₹2,400.0027.41₹60,980 Cr5.960.22%19.40%22.90%₹17,300 Cr₹2,319 Cr
APL Apollo Tubes
₹2,199.8049.69₹60,246 Cr10.640.39%25.40%31.80%₹23,065 Cr₹1,229 Cr
Shyam Metalics & Energy
₹1,231.4030.60₹34,478 Cr2.780.15%9.70%13.00%₹19,584 Cr₹1,121 Cr
Ratnamani Metals & Tubes
₹2,449.4039.67₹17,025 Cr4.180.42%12.60%17.90%₹4,314 Cr₹514 Cr
Jindal SAW
₹253.2229.51₹15,754 Cr1.280.81%8.20%10.40%₹18,501 Cr₹498 Cr
Usha Martin
₹486.0029.21₹14,245 Cr4.490.81%15.10%19.50%₹3,837 Cr₹508 Cr
Gallantt Ispat
₹529.1529.28₹12,939 Cr3.660.38%15.60%18.20%₹4,437 Cr₹436 Cr
P S Raj Steels (this company)
₹89.00—₹349 Cr4.560.00%12.40%16.10%——
Median 8 companies₹880.2829.51₹16,390 Cr4.340.39%13.85%18.05%₹17,300 Cr₹514 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

58 Good

Data confidence 81/100

Category scores

Quality
72
Strong
Returns, margins, earnings quality 22% weight
Valuation
37
Poor
Cheap vs sector & own history 24% weight
Growth
37
Poor
Sales & profit trajectory 9% weight
Financial Health
87
Strong
Solvency, leverage, coverage 9% weight
Momentum
87
Strong
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company is almost debt free.

Weaknesses

1
  • Though the company is reporting repeated profits, it is not paying out dividend

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish874
OscillatorsBearish270
Moving AveragesStrong Bearish604

Key readings

RSI (14)
42.20
Neutral
MACD (12,26,9)
−0.86
Bearish
SMA (50)
92.89
Bearish
SMA (200)
83.24
Bullish

As of

Growth Rate

From the financial statements below. 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
3Y+5.90%
1Y+1.14%

Net profit

Net profit growth by window
3Y+31.04%
1Y+28.57%

Operating cash flow

Operating cash flow growth by window
3Y+38.67%
1YTurned positive

Operating margin· change in pp

Operating margin growth by window
3Y+1.76 pp
1Y+0.33 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2022₹180 Cr
Mar 2023₹224 Cr
Mar 2024₹298 Cr
Mar 2025₹263 Cr
Mar 2026₹266 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2022₹4.00 Cr
Mar 2023₹4.00 Cr
Mar 2024₹6.00 Cr
Mar 2025₹7.00 Cr
Mar 2026₹9.00 Cr

Half-yearly Results

₹ Cr
PSRAJ half-yearly results, ₹ crore
Particulars Sep 2024Mar 2025Sep 2025Mar 2026
Sales
139
127
131
136
Expenses
133
121
124
129
Operating Profit
6
6
6
7
OPM %
4.6%
4.7%
4.7%
5%
Other Income
0
0
0
0
Interest
1
1
0
0
Depreciation
0
1
1
1
PBT
5
5
5
6
Tax %
25%
26%
26%
22%
Net Profit
4
4
4
5
EPS (₹)
1.4
0.94
1.05
1.23

Profit & Loss

₹ Cr
PSRAJ profit and loss, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
180
224
298
263
266
Expenses
173
217
287
251
253
Operating Profit
7
7
11
12
13
OPM %
3.7%
3.1%
3.6%
4.7%
4.9%
Other Income
0
0
0
0
0
Interest
1
1
2
1
0
Depreciation
1
1
1
1
2
PBT
5
5
8
10
11
Tax %
25%
25%
25%
26%
24%
Net Profit
4
4
6
7
9
EPS (₹)
1.28
1.31
2.27
1.97
2.28
Div. Payout %
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
PSRAJ balance sheet, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.61
0.61
0.61
8
8
Reserves
20
24
30
57
66
Borrowings
17
18
18
5
1
Other Liabilities
8
32
4
5
8
Total Liabilities
46
74
52
74
83
Fixed Assets
4
4
4
4
9
CWIP
0
0
0
1
0
Investments
0
0
0
0
0
Other Assets
41
70
48
69
74
Total Assets
46
74
52
74
83

Cash Flow

₹ Cr
PSRAJ cash flow, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0
3
3
−9
8
Investing
1
−1
−1
−3
−4
Financing
−1
−2
−2
12
−4
Net Cash Flow
0
0
0
1
−1
Free Cash Flow
1
2
2
−12
3
CFO/EBITDA
25
55
37
−56
78

Ratios

PSRAJ financial ratios, annual
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
29
23
18
27
31
Inventory Days
44
77
28
49
51
Days Payable
11
47
0
2
3
Cash Conversion Cycle
61
53
47
74
79
Working Capital Days
37
35
32
81
89
ROCE %
—
15%
22%
19%
16%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view P S Raj Steels insights

55 extracted metrics across FY22–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 73.20%
  • Public 16.35%
  • Others 10.29%
  • DIIs 0.15%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

  • Concall · May 2025
    PPT

Frequently Asked Questions about P S Raj Steels

What does P S Raj Steels Ltd do?
Incorporated in November 2004, PS Raj Steels Limited manufactures and supplies stainless steel pipes and tubes in India.
Where is P S Raj Steels Ltd (PSRAJ) listed?
P S Raj Steels Ltd trades as PSRAJ on the NSE.
Which sector does P S Raj Steels Ltd belong to?
P S Raj Steels Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the 52-week high and low of P S Raj Steels Ltd?
Over the last 52 weeks P S Raj Steels Ltd has traded between ₹46.41 and ₹312.7 as of 4 Nov 2026.
What is the Return on Equity (ROE) of P S Raj Steels Ltd?
P S Raj Steels Ltd reported a return on equity of 12.40%. Its debt-to-equity ratio is 0.01.

Company Information

Incorporated in November 2004, PS Raj Steels Limited manufactures and supplies stainless steel pipes and tubes in India.

Website pssrgroup.com
Listed 19 Feb 2025
Face Value ₹2

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