Rajputana Stainless Ltd has reported a strong performance for FY26, with revenue rising to Rs 1,006.96 crore and net profit climbing to Rs 49.82 crore. The company, which recently completed its IPO in March 2026, also received a credit rating upgrade from CRISIL. Shareholders are set to vote on a proposed dividend of Rs 0.50 per share at the upcoming AGM on September 23, 2026.
Rajputana Stainless Ltd FY26 Performance Report
Revenue: Rs 1,006.96 Crore | Net Profit: Rs 49.82 Crore
Reader Takeaway: Higher profitability and credit upgrades signal operational growth, though dividend payout remains subject to upcoming AGM approval.
What just happened
Rajputana Stainless Ltd has released its financial results for the fiscal year ending March 31, 2026. The company reported a significant increase in revenue to Rs 1,006.96 crore, up from Rs 931.93 crore in the previous year. Net profit also saw a robust rise to Rs 49.82 crore compared to Rs 39.85 crore in FY25.
Why this matters
The company’s improved financial metrics have led to a positive reaction from credit agencies. CRISIL Ratings recently upgraded the company's long-term bank facilities to CRISIL BBB+/Stable and short-term facilities to CRISIL A2. This indicates enhanced financial health and improved ability to manage debt obligations following the company's public market entry.
IPO and Governance
The company successfully concluded its IPO, issuing over 20 million equity shares, with trading on BSE and NSE commencing on March 19, 2026. Governance updates include the re-appointment of M/s. Ruparel & Bavadiya as statutory auditors for a five-year term and the appointment of M/s. Kavita Khatri & Associates as secretarial auditors.
What to track next
Investors should look toward the Annual General Meeting (AGM) scheduled for September 23, 2026. Key items on the agenda include the final approval of the Rs 0.50 per share dividend and the continued deployment of funds raised during the IPO toward planned capital expenditure projects.