Rajputana Stainless Sees Share Price Rise Following Positive FY26 Business Outlook

Rajputana Stainless Posts Strong Q4 Earnings, Announces Final Dividend

On Tuesday, 2 June, Rajputana Stainless Limited's share price rose by over 4% following the company's announcement of strong fourth-quarter earnings and a proposed final dividend for the fiscal year 2026. The company's consolidated net profit for the quarter ended 31 March stood at ₹13.10 crore, representing a 58.47% increase from ₹8.27 crore in the corresponding period last year.

The company's revenue from operations for the quarter rose 2.82% year-on-year to ₹254.91 crore, outpacing the ₹247.91 crore reported in Q4FY25. For the full financial year FY26, Rajputana Stainless reported a consolidated net profit of ₹49.82 crore, marking a 25.01% increase from ₹39.85 crore in FY25. Revenue from operations grew 8.05% to ₹1,006.96 crore, compared with ₹931.93 crore in the previous fiscal year.

The company's proposed final dividend for FY26 stands at ₹0.50 per equity share, pending shareholders' approval. Shankarlal D. Mehta, Chairman & Managing Director of Rajputana Stainless Limited, attributed the company's strong FY26 performance to the success of its long-term growth strategy and operational focus. Mehta noted that Rajputana Stainless delivered healthy growth in both revenue and profitability during the year, supported by improved operational efficiencies, robust demand across key end-user industries, and a strengthened market presence.

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Key drivers of the company's growth included demand from sectors such as engineering, wire, fasteners, and infrastructure, which remained strong throughout FY26, driving volume growth and supporting better realisations. The company's emphasis on quality-driven manufacturing, disciplined execution, and prudent financial management has further strengthened its competitive position and created a solid foundation for sustainable growth.

Looking ahead, Mehta said the company remains focused on expanding production capacities, increasing its portfolio of value-added products, and enhancing operational capabilities to capitalize on emerging opportunities in the stainless steel sector. FY26 was marked by the successful completion of the company's initial public offering (IPO), which strengthened its capital base, improved its visibility in the capital markets, and positioned it to pursue its next phase of growth while creating long-term value for shareholders and other stakeholders.