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Rathi Bars Ltd (RATHIBAR) · mywealthgrid

About

Rathi Bars Ltd operates in Iron & Steel Products within the Industrials sector.

Face value: ₹10

Market cap

₹26 Cr

P/E

8.5×

P/B

0.3×

Dividend yield

ROE

-12.7%

ROCE

-6.1%

Debt / equity

1.01

OPM

-0.7%

EPS (TTM)

₹1.9

Book value

₹52.0

52-week high

₹30.0

52-week low

₹15.2

₹15.8-47%1Y

Beta

1.21

Amplifies index moves

Volatility (1y)

48.8%

Annualised, daily returns

RSI (14)

33.2

Neither overbought nor oversold

Rel. strength (1y)

-54.6%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+High promoter holding of 64% with no pledge

Cons

−Low return on equity of -2% (3-yr avg)
−Modest revenue growth of 2.6% a year over the last 5 years
−Weak interest coverage of -1×

Research score

Structured signal from quality, growth, valuation and momentum.

27/100

Business quality: 10
Growth: 2
Valuation: 96

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Welspun Corp LimitedWELCORPWELCORP	₹68,741 Cr	₹70,904 Cr	₹17,300 Cr	₹2,403 Cr	13.3%	₹2,309 Cr	9.7%	19.2%	19.4%	85
Apl Apollo Tubes LimitedAPLAPOLLOAPLAPOLLO	₹58,753 Cr	₹59,205 Cr	₹22,897 Cr	₹1,841 Cr	7.8%	₹1,229 Cr	5.2%	30.8%	25.3%	-12
Shyam Metalics And Energy LimitedSHYAMMETLSHYAMMETL	₹29,244 Cr	₹30,225 Cr	₹19,574 Cr	₹2,519 Cr	12.6%	₹860 Cr	5.7%	13.5%	9.7%	8
Ratnamani Metals & Tubes LimitedRATNAMANIRATNAMANI	₹18,362 Cr	₹18,666 Cr	₹4,314 Cr	₹732 Cr	16.9%	₹433 Cr	11.9%	17.8%	12.5%	210
Jindal Saw LimitedJINDALSAWJINDALSAW	₹17,286 Cr	₹21,976 Cr	₹18,263 Cr	₹1,941 Cr	12.4%	₹653 Cr	5.2%	11.4%	8.1%	159
Usha Martin LimitedUSHAMARTUSHAMART	₹14,982 Cr	₹15,128 Cr	₹3,837 Cr	₹768 Cr	19.1%	₹507 Cr	12.6%	20%	15.4%	190
Godawari Power And Ispat LimitedGPILGPIL	₹14,517 Cr	₹14,943 Cr	₹5,808 Cr	₹1,263 Cr	23.3%	₹808 Cr	14.9%	20.1%	14.9%	73
Gallantt Ispat LimitedGALLANTTGALLANTT	₹12,793 Cr	₹13,340 Cr	₹4,437 Cr	₹655 Cr	16.2%	₹436 Cr	11%	19.2%	15.7%	58
Maharashtra Seamless LimitedMAHSEAMLESMAHSEAMLES	₹9,363 Cr	₹9,377 Cr	₹4,620 Cr	₹696 Cr	14.6%	₹737 Cr	15%	13.6%	10.6%	153
Jayaswal Neco Industries LimitedJAYNECOINDJAYNECOIND	₹8,863 Cr	₹10,960 Cr	₹7,589 Cr	₹1,409 Cr	18.6%	₹564 Cr	6.5%	22.9%	17.8%	151
Sunflag Iron And Steel Company LimitedSUNFLAGSUNFLAG	₹7,812 Cr	₹8,286 Cr	₹3,995 Cr	₹476 Cr	12.1%	₹206 Cr	5.1%	3.8%	2.3%	95
Man Industries (India) LimitedMANINDSMANINDS	₹6,912 Cr	₹7,411 Cr	₹3,875 Cr	₹532 Cr	12.3%	₹204 Cr	4.8%	18.4%	9.2%	114

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	228	186	246	410	383	324	494	482	614	496	369
COGS	—	-140	-189	-342	-333	291	459	451	578	463	341
Gross profit	—	—	—	—	—	32	35	31	36	33	27
	226	319	427	743	704	21	22	16	21	20	30
	3	7	8	8	12	12	13	15	14	13	-2
OPM %	1.1%	3.6%	3.1%	2.1%	3.1%	3.7%	2.7%	3.1%	2.3%	2.7%	-0.7%
Depreciation	—	4	4	5	6	6	6	7	4	5	5
Interest	2	2	2	2	4	3	4	5	6	7	6
	—	—	—	0	0	0	0	0	0	1	1
Profit before tax	1	2	2	3	3	3	3	3	4	4	-12
Tax	—	—	—	—	—	1	0	1	0	1	-1
Tax %	—	—	—	—	—	23.8%	10.1%	22%	11.9%	27%	-6%
	1	2	2	3	3	2	3	3	4	3	-12
PAT margin %	0.6%	0.9%	0.8%	0.7%	0.8%	0.7%	0.6%	0.5%	0.6%	0.5%	-3.1%
EPS (₹)	0.9	—	1.3	1.7	1.8	1.9	—	1.6	2.2	1.6	-7.1
EPS adjusted (₹)	—	—	—	—	—	1.4	1.8	1.6	2.2	1.6	-7.1
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	16	16	16	16	16	16
Reserves	69	71	74	78	80	69
	47	65	72	67	82	86
	20	22	22	18	17	19
Total equity & liabilities	152	175	185	179	195	190
	43	42	42	38	41	41
CWIP	10	9	7	7	5	0
Investments	1	1	1	0	0	0
	100	123	136	134	149	149
Total assets	152	175	185	179	195	190

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	-9	3	12	-3	1
	-6	-4	-5	-1	-6	1
	3	14	2	-12	9	-2
Net cash flow	-0	0	0	-0	-0	-0
Free cash flow	-3	-14	-2	11	-9	1
CFO / Operating profit %	25.7%	-70.6%	20.2%	86.1%	-22.2%	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	10%	7.1%	6.5%	5.8%	6.6%	7.4%
EBITDA margin %	2.1%	3.1%	3.7%	2.7%	3.1%	2.3%	2.7%	-0.7%
EBIT margin %	1%	1.6%	1.9%	1.5%	1.7%	1.6%	1.7%	-2%
PAT margin %	0.7%	0.8%	0.7%	0.6%	0.5%	0.6%	0.5%	-3.1%
Working capital
Receivable days	—	—	66	52	60	43	72	86
Inventory days	—	—	23	23	13	10	10	2
Payable days	—	—	15	9	9	6	6	12
NWC days	—	—	75	65	65	48	76	76
Leverage
Current ratio	—	—	1.93	1.8	1.84	1.9	1.72	1.54
Debt to EBITDA	—	—	3.98	4.9	4.82	4.64	6.14	—
Debt to equity	—	—	0.56	0.74	0.8	0.71	0.85	1.01
Interest coverage	2.8	1.8	1.9	1.7	1.6	1.7	1.5	-1
Asset turnover	—	—	2.13	2.83	2.61	3.44	2.54	1.94
Return ratios
Return on assets %	—	—	1.5%	1.6%	1.4%	2%	1.3%	-6.1%
Return on capital employed %	—	—	6.5%	7.2%	8%	9.3%	9.2%	-6.1%
Return on equity %	—	—	2.7%	3.2%	2.9%	3.8%	2.7%	-13.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%
No. of shareholders	—	—	—	—	—	—	—	—	8,967	8,871	9,106	8,932

Promoter holding up 0 percentage points since Sep 2023.

14 deals · 3 Aug 2021 – 3 Dec 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
3 Dec 2024	MADHUSUDHAN GUNDA	Bulk	BSE	Sell	95,141	₹48.38	₹0.46 Cr
3 Oct 2024	SANDEEP PRAKASHCHANDRA JAIN (HUF)	Bulk	BSE	Buy	1,00,995	₹56.45	₹0.57 Cr
3 Oct 2024	SANDEEP PRAKASHCHANDRA JAIN (HUF)	Bulk	BSE	Sell	33,995	₹56.98	₹0.19 Cr
13 Sept 2024	RIMPY MITTAL	Bulk	BSE	Sell	1,16,606	₹52.42	₹0.61 Cr
13 Sept 2024	RIMPY MITTAL	Bulk	BSE	Buy	1,16,606	₹51.89	₹0.61 Cr
27 Jun 2024	MADHUSUDHAN GUNDA	Bulk	BSE	Buy	99,306	₹50.38	₹0.50 Cr
16 Jan 2024	VENKATA RAMA RAO CHINTA	Bulk	BSE	Buy	82,736	₹36.97	₹0.31 Cr
16 Jan 2024	VENKATA RAMA RAO CHINTA	Bulk	BSE	Sell	24,800	₹36.00	₹0.09 Cr
11 Jan 2022	RAHULUNNIKRISHNAN	Bulk	BSE	Sell	1,21,786	₹36.19	₹0.44 Cr
11 Jan 2022	RAHULUNNIKRISHNAN	Bulk	BSE	Buy	1,21,786	₹33.84	₹0.41 Cr

1–10 of 14

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. ANURAG RATHIExecutive Director-Chairperson related to Promoter-MD
Mr. UDDHAV RATHIExecutive Director
Mrs. SONALI V CHITALKARNon-Executive - Independent Director
Mrs. SHIKHA CHAKARABORTYNon-Executive - Independent Director
Mr. RAJENDRA PRASADNon-Executive - Independent Director
Mr. HUKUM SINGHNon-Executive - Non Independent Director

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Rathi Bars Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Disclosure for Credit Rating under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements ) Regulations, 20156 Nov 2025

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

11 announcementsExport CSV

28 Sept 2026, 2:42 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

28 Sept 2026, 2:38 pmCompany Update

Announcement under Regulation 30 (LODR)-Cessation

Cessation PDF

18 Sept 2026, 4:06 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

17 Sept 2026, 4:32 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

17 Sept 2026, 4:27 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

27 Aug 2026, 4:47 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

26 Aug 2026, 10:51 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

26 Aug 2026, 11:36 amCompany Update

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ,- Designation Of Compliance Officer On An Interim Basis

General PDF

Date	Category	Subject	Filing
28 Sept 2026, 2:42 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
28 Sept 2026, 2:38 pm	Company Update Cessation	Announcement under Regulation 30 (LODR)-Cessation

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Rathi Bars Ltd

Rathi Bars Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

1

Announcements

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Compounded sales growth

Stock price CAGR

Return on equity

Rathi Bars Ltd

Rathi Bars Ltd

About

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Board meetings1

Announcements

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Stock price CAGR

Return on equity

1

1