---
title: "Rajputana Industries Ltd (RAJINDLTD) — Share Price, Financials & Analysis"
symbol: "RAJINDLTD"
company: "Rajputana Industries Ltd"
canonical: "https://tapetide.com/stocks/RAJINDLTD"
isin: "INE0PCU01012"
nse_symbol: "RAJINDLTD"
sector: "Industrial Products"
industry: "Aluminium Copper & Zinc"
market_cap_cr: 137.96
generated_at: "2026-09-13T18:39:45.271Z"
---

# Rajputana Industries Ltd (RAJINDLTD)

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

## Company

- **NSE Symbol:** RAJINDLTD
- **ISIN:** INE0PCU01012
- **Sector:** Industrial Products
- **Industry:** Aluminium Copper & Zinc
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-08-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rajputanaindustries.com

## About

Incorporated in 2011, Rajputana Industries Ltd is a manufacturer of non-ferrous metal products.[1]

## Latest Price

- **Price:** ₹62.1
- **Change:** 0 (0%)
- **Open:** ₹62.2
- **Day High:** ₹62.2
- **Day Low:** ₹62.1
- **Previous Close:** ₹62.1
- **Volume:** 3000
- **As Of:** 2026-09-11T07:08:10+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:37.033904Z.

- **Market Cap:** ₹137.96 Cr
- **Classification:** SME
- **P/E (reported):** 10.5
- **P/E (TTM):** 10.51
- **EPS (TTM):** ₹5.91
- **Book Value:** ₹34.4
- **Price to Book:** 1.81
- **Dividend Yield:** 0%
- **ROE:** 12.88%
- **ROCE:** 16.72%
- **Debt to Equity:** 0.83
- **Revenue (yearly):** ₹698.47 Cr
- **Net Income:** ₹12.8 Cr
- **EBITDA:** ₹27.91 Cr
- **52-Week High:** ₹91
- **52-Week Low:** ₹60
- **RSI (14):** 34.6

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 28.48 | 9% |
| growth | 70.62 | 9% |
| momentum | 30.99 | 12% |
| ownership | 68.72 | 24% |
| quality | 62.62 | 22% |
| valuation | 59.31 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 110% CAGR over last 5 years

### Weaknesses

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

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -229.63% | -573.08% | -513.64% |
| ebitda margin growth | 19.23% | 16.67% | -28.11% | -18.9% |
| net income growth | -2.63% | 54.22% | 58% | 110% |
| revenue growth | 7.93% | 26.28% | 40% | 30% |
| roce | — | -40.26% | -22.45% | 22.66% |
| roe | — | -18.17% | 13.3% | 560.51% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 74.31 | 118.79 | 138.46 | 145.31 | 149.85 | 167.11 | 165.76 | 176.82 | 188.78 | 204.08 |
| Expenses | 69.3 | 112.98 | 134.92 | 140.77 | 144.41 | 160.42 | 159.77 | 169.15 | 181.23 | 194.85 |
| Operating Profit | 5.01 | 5.81 | 3.54 | 4.54 | 5.44 | 6.69 | 5.99 | 7.67 | 7.55 | 9.23 |
| OPM % | 6.74 | 4.89 | 2.56 | 3.12 | 3.63 | 4 | 3.61 | 4.34 | 4 | 4.52 |
| Other Income | 0.23 | 0.24 | 0.28 | 0.05 | 0.14 | 0.08 | 0.08 | 0.05 | 0.27 | 0.06 |
| Interest | 2.31 | 2.32 | 1.22 | 1.13 | 1.45 | 2.25 | 1.77 | 2.2 | 2.62 | 3.48 |
| Depreciation | 0.64 | 0.69 | 0.65 | 0.71 | 0.76 | 0.77 | 0.76 | 0.78 | 0.84 | 0.85 |
| Profit before tax | 2.29 | 3.04 | 1.95 | 2.75 | 3.37 | 3.75 | 3.54 | 4.74 | 4.36 | 4.96 |
| Tax % | 15.28 | 25 | 8.21 | 18.18 | 42.14 | 25.6 | 25.71 | 36.71 | 12.39 | 25.81 |
| Net Profit | 1.94 | 2.27 | 1.8 | 2.25 | 1.95 | 2.79 | 2.63 | 3 | 3.82 | 3.69 |
| EPS in Rs | — | — | 0.81 | 1.01 | 0.88 | 1.26 | 1.18 | 1.35 | 1.72 | 1.66 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 185 | 244 | 255 | 327 | 552 | 698 | 735 |
| Expenses | 176 | 232 | 242 | 309 | 534 | 671 | 705 |
| Operating Profit | 9 | 12 | 12 | 18 | 18 | 28 | 30 |
| OPM % | 4.9 | 4.9 | 4.9 | 5 | 3.3 | 4 | 4.1 |
| Other Income | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
| Interest | 6 | 6 | 6 | 9 | 5 | 9 | 10 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 1 | 4 | 4 | 7 | 11 | 16 | 18 |
| Tax % | 67 | 25 | 26 | 25 | 26 | 25 | — |
| Net Profit | 0 | 3 | 3 | 5 | 8 | 12 | 13 |
| EPS in Rs | — | — | — | — | 3.72 | 5.51 | 5.91 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14 | 14 | 15 | 15 | 22 | 22 |
| Reserves | 0 | 3 | 12 | 17 | 42 | 54 |
| Borrowings | 27 | 25 | 30 | 29 | 52 | 63 |
| Other Liabilities | 47 | 60 | 60 | 88 | 73 | 112 |
| Total Liabilities | 89 | 102 | 118 | 150 | 189 | 252 |
| Fixed Assets | 44 | 43 | 43 | 45 | 47 | 56 |
| CWIP | 0 | 0 | 0 | 2 | 15 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 45 | 60 | 75 | 103 | 127 | 183 |
| Total Assets | 89 | 102 | 118 | 150 | 189 | 252 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6 | 9 | -3 | 18 | -23 | 9 |
| Cash from Investing Activity | 0 | -1 | -2 | -8 | -18 | -11 |
| Cash from Financing Activity | -5 | -8 | 5 | -9 | 41 | 2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 5 | 8 | -5 | 10 | -41 | -1 |
| CFO/OP | 64 | 74 | -27 | 99 | -119 | 44 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 4 | 0 | 2 | 15 | 11 | 15 |
| Inventory Days | 85 | 91 | 110 | 104 | 74 | 79 |
| Days Payable | 99 | 94 | 89 | 83 | 31 | 31 |
| Cash Conversion Cycle | -11 | -3 | 23 | 36 | 53 | 63 |
| Working Capital Days | -24 | -11 | 7 | 6 | 20 | 14 |
| ROCE % | — | 23 | 21 | 26 | 18 | 20 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 95.76% | 66.08% | 66.08% | 66.08% | 66.08% | 66.08% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0.14% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 9.38% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0.07% | 18.94% | 19.01% | 18.48% | 15.92% | 15.42% |
| Others | 4.17% | 14.98% | 14.91% | 15.44% | 18% | 8.98% |
| No. of Shareholders | 7 | 960 | 1063 | 996 | 877 | 870 |

## 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) | 63.11 | Sell |
| EMA (10) | 63.35 | Sell |
| SMA (20) | 65.61 | Sell |
| EMA (20) | 65.22 | Sell |
| SMA (50) | 70.22 | Sell |
| EMA (50) | 69.21 | Sell |
| SMA (100) | 72.59 | Sell |
| EMA (100) | 73.76 | Sell |
| SMA (200) | 81.54 | Sell |
| EMA (200) | 77.94 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.18 | Neutral |
| MACD (12,26,9) | -2.43 | Sell |
| Stochastic (14,3,3) | 11.7 | Buy |
| ADX (14) | 11.07 | Neutral |
| Williams %R (14) | -86.36 | Buy |
| ATR (14) | 2.19 | High Volatility |
| ROC (12) | -7.31 | Sell |
| Stoch RSI (14) | 11.29 | Buy |
| UO (7,14,28) | 25.24 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 July 2026 - Installed capacity increased immediately at Reengus unit; about ₹10 crore invested across aluminium, copper, brass, nickel alloy and cables. | [Capacity addition 9 July 2026 - Installed capacity increased immediately at Reengus unit; about ₹10 crore invested across aluminium, copper, brass, nickel alloy and cables.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_09072026183440_REG_30_09072026.pdf) |
| 5 Sep - Newspaper publication of 15th AGM notice; meeting scheduled for September 28, 2026 at 12:00 P.M. | [Copy of Newspaper Publication 5 Sep - Newspaper publication of 15th AGM notice; meeting scheduled for September 28, 2026 at 12:00 P.M.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_05092026145808_RIL_NEWSPAPER_0509.pdf) |
| 4 Sep - Rajputana Industries calls 15th AGM on 28 Sept 2026; proposes director appointment, cost auditor ratification, remuneration revision, related-party approvals. | [Shareholders meeting 4 Sep - Rajputana Industries calls 15th AGM on 28 Sept 2026; proposes director appointment, cost auditor ratification, remuneration revision, related-party approvals.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_04092026163559_RIL_AGM_NOTICE_202526.pdf) |
| 4 Sep - 15th AGM on 28 September 2026 via VC/OAVM; includes director appointment, remuneration revision, and related party approvals. | [Shareholders meeting 4 Sep - 15th AGM on 28 September 2026 via VC/OAVM; includes director appointment, remuneration revision, and related party approvals.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_04092026165544_RIL_AGM_NOTICE_202526.pdf) |
| 30 April 2026 - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed secretarial and cost auditors. | [Outcome of Board Meeting 30 April 2026 - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed secretarial and cost auditors.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_30042026130201_outcome_ril_30042026.pdf) |
| 3 Sep - Board approved 8.2 crore investment in Shera Global Ventures LLP for renewable energy procurement, completion in 2-3 months. | [General Updates 3 Sep - Board approved 8.2 crore investment in Shera Global Ventures LLP for renewable energy procurement, completion in 2-3 months.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_03092026093524_Reg_30_02092026.pdf) |
| 3 June 2026 - Rajputana Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 3 June 2026 - Rajputana Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_sandeshc_20052026123333_RAJINDLTD.zip) |
| 28 Jul - Rajputana Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 28 Jul - Rajputana Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_bbodade_03072026155919_Raj.pdf) |
| 28 Jul - Board explored amalgamation with Shera Energy and Shera Metal; formed committee on 28 July 2026. | [Outcome of Board Meeting 28 Jul - Board explored amalgamation with Shera Energy and Shera Metal; formed committee on 28 July 2026.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_28072026172519_RIL_OUTCOME_28072026.pdf) |
| 26 March 2026 - Trading window closed from 1 Apr 2026 until 48 hours after FY/HY results for year ended 31 Mar 2026. | [Trading Window 26 March 2026 - Trading window closed from 1 Apr 2026 until 48 hours after FY/HY results for year ended 31 Mar 2026.](https://nsearchives.nseindia.com/corporate/RAJPUTANA_26032026115147_TRADING_WINDOW_MAR_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31384_RAJINDLTD_2025_2026_A_4088816_04092026161128.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27781_RAJINDLTD_2024_2025_A_2358415_28082025115828.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/RAJPUTANA_10112025100820_RILINVESTORPRESENTATION30092025.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/RAJPUTANA_05062025144407_investorpresentation05062025.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://nsearchives.nseindia.com/corporate/RAJPUTANA_08082025122818_investor_presentation_080825.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 2026-09-13T18:39:45.271Z.