Rathi Steel and Power Starts 2026 with Record Rs 77.45 Crore Monthly Sales
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The stock is up by 9 per cent from its 52-week low and has given multibagger returns of over 1,000 per cent in 5 years.
Rathi Steel and Power Limited has kicked off 2026 on a high note, reporting record-breaking monthly sales of approximately Rs 77.45 crore from its Ghaziabad unit for January. This milestone marks the highest-ever monthly revenue for the facility on a standalone basis, signalling a robust start to the calendar year. The surge in performance is primarily attributed to a significant ramp-up in production volumes and a sustained increase in demand across critical sectors such as infrastructure, Real Estate, and general engineering. As private capital expenditure sentiment improves and government-led projects continue to drive consumption, the company is well-positioned to capitalise on India’s resilient domestic steel market.
Management has expressed a strong commitment to maintaining this momentum by further optimising asset utilisation and focusing on the delivery of premium-quality stainless steel and TMT bars. This strategic focus aligns with broader industry trends, including rapid urbanisation and the growing housing requirements that are fuelling long-term growth in the steel sector. By prioritising operational efficiency and high-standard manufacturing, Rathi Steel and Power aims to build on this record-setting January to deliver consistent value to its stakeholders throughout the remainder of the year.
About the Company
Rathi Steel And Power Limited (RSPL), a Ghaziabad-based leader in the steel industry since 1971, leverages over five decades of the Rathi legacy to produce high-quality stainless and mild steel products. Operating a modern 12.5-acre integrated facility in the NCR, the company maintains a steel melting capacity of 85,000 tonnes and a rolling capacity of 200,000 tonnes per annum. RSPL distinguishes itself as India’s only stainless-steel wire rod manufacturer utilising direct billet charging technology, a process that significantly enhances energy efficiency and reduces carbon emissions. Supported by a robust retail network across Northern India and a portfolio used in major infrastructure projects, the company remains financially resilient with minimal debt. Looking ahead, RSPL is prioritising sustainability by integrating renewable energy and expanding its "Green Steel" recycled portfolio to meet the rising demands of the real estate and infrastructure sectors.
According to Quarterly Results, the company reports revenue of Rs 156.23 crore (increasing 28.39 per cent YoY) and PAT of Rs 1.63 crore in Q2FY26. Looking at its half-yearly results, the company reports revenue of Rs 311.59 crore (increasing 29.20 per cent YoY) and PAT of Rs 3.52 crore in H1FY26. In its annual results, the net sales increased by 2 per cent to Rs 503 crore in FY25 compared to FY24. The company reported a net profit of Rs 14 crore in FY25 compared to a net profit of Rs 24 crore in FY24.
The company has a market cap of Rs 199 crore and has delivered good profit growth of 19 per cent CAGR over the last 5 years. As of December 2025, Canara Bank-Mumbai holds a 1.26 per cent stake in the company. The stock is up by 9 per cent from its 52-week low and has given multibagger returns of over 1,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.