Rathi Steel & Power Ltd. · BSE:RATHIST
Rathi Steel & Power — Q1 FY27 Earnings Presentation
31 slides from Rathi Steel & Power's earnings presentation, Aug 18, 2026
Slide 1: Cover letter to BSE on analyst presentation
RSPL/BSE/2026-27 Date: August 18, 2026 To, The BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Maharashtra Scrip Code: 504903 Dear Sir, Subject: Presentation to the analysts, on the Unaudited Financial Results for the quarter ended June 30, 2026 Pursuant to Regulation 30 read wit
Slide 2: Investor Presentation Q1 FY27
thi Steel And Power Limited — Investor Presentation QI FY27 —— 2 aie a Aa ee Se Aas 77
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Rathi Steel And Power Limited(RSPL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and sha
Slide 4: Management Comments On Q1 FY27 Financial Performance
Management Comments On Q1 FY27 Financial Performance We are pleased with our Q1 FY27 performance, underpinned by strong volume growth, an optimised product mix and continued expansion of our market reach. Total sales volumes grew approximately 30% YoY to 28,372 MT, while revenue exceeded ₹193 Cr, re
Slide 5: Q1 FY27 Financial Highlights
Q1 FY27 Financial Highlights EBITDA PAT EPS Q1 FY27 Q1 FY27 Q1 FY27 ₹7.77 Cr YoY ₹3.48 Cr YoY ₹0.40 YoY +24.83% +84.56% +81.82% Total Income ₹6.23 Cr ₹1.89 Cr PAT Margin ₹0.22 EBITDA Margin Q1 FY26 Q1 FY26 Q1 FY26 Q1 FY27 Q1 FY27 Q1 FY27 ₹193.67 Cr YoY 4.01% YoY 1.80% YoY +24.63% +0.00 Bps +58 Bps ₹
Slide 6: Q1 FY27 Financials Performance
Q1 FY27 Financials Performance (In ₹ Cr) Particulars Q1 FY26 Q1 FY27 Y-O-Y Operating Income 155.29 193.41 Other Income 0.11 0.26 Total Income 155.40 193.67 24.63% Raw Material Expenses 124.84 162.42 Employee Benefit Expenses 3.71 4.31 Other expenses 20.62 19.17 Total Expenditure 149.17 185.90 EBITDA
Slide 7: Rathi Steel And Power Limited at Glance
Rathi Steel And Power Limited at Glance Rathi Steel and Power Limited (RSPL) is a leading manufacturer of long steel products with over five decades of engineering excellence. With a legacy spanning more than 50 years, Rathi Steel and Power Limited has established itself as a trusted name in India's
Slide 8: Journey Through The Decades
Journey Through The Decades Expansion & Transformation & Foundation 1970s – 90s Diversification Sustainable Growth 2000s – 20s 2020- Present • The company Got Incorporated • Transitioned to TMT technology under the • Strategic exit from Odisha unit; debt fully resolved • Expanded operations with new
Slide 9: Key Facts & Figures
Key Facts & Figures Manufacturing Plant Legacy of Direct/ Indirect Manpower Spread Across ~12.5 Steel melting Capacity 5 Decades 280+ Acres ~85,000 TPA ISO Certification Rolling Mill Capacity Presence Across Strong Distribution ISO 9001:2015 2,00,000 TPA 7 States & U.T. Network ISO 14001:2015 IS0 45
Slide 10: Leadership Team
Leadership Team Mr. Mahesh Pareek Managing Director | Experience: 40+ year Mr. Pawan Kumar A commerce graduate with over four decades in marketing, accounts, Chief Financial Officer | Experience: 10+ years secretarial functions, & strategic planning. He has worked with PVM Polytex Limited & Rathi Gr
Slide 11: Product Portfolio
Product Portfolio Stainless Steel Wire Rods Mild Steel TMT Bars Stainless Steel Flats Stainless Steel Billets • Available in 200, 300 & 400 Series • Superior ductility & load-bearing • Precision rolled flat steel products • Primarily for captive consumption • High strength & corrosion capacity • Hig
Slide 12: Integrated Operations from Steel Melting to Rolling
Integrated Operations from Steel Melting to Rolling Operations Lies A Network Of Cutting-edge Manufacturing Facilities, Meticulously Designed To Embody The Pinnacle Of Technological Innovation And Operational Efficiency. Steel Melting Shop Rolling Mill Plant Overview Direct Billet Charging Location
Slide 13: Direct Rolling Technology for Sustainable Steelmaking
Direct Rolling Technology for Sustainable Steelmaking 1. Steel Melting 2. Continuous Casting 3. Hot Billet Transfer 4. Rolling Mill 5. Final Products High-quality steel scrap, along Molten steel is cast into hot Hot billets are transported Billets are rolled directly into High quality TMT Bars & wit
Slide 14: Energy Efficiency & Sustainability Initiatives
Energy Efficiency & Sustainability Initiatives Driving Efficient Operations. Creating A Greener Tomorrow. Initiatives Undertaken Adopted Direct Deployed Conveyor Investment In VFDS Energy-efficient Upgradation With Renewable Power Rolling System & Transfer Conveyor Systems & Design Initiatives Moder
Slide 15: GreenPro Ecolabel: Strengthening ESG Credentials
GreenPro Ecolabel: Strengthening ESG Credentials What is GreenPro? Why It Matters? What It Means for Rathi Steel? • India's leading Type-I ecolabel by CII • Growing demand for green building • GreenPro Ecolabel for Fe 550 Grade TMT • Recognises products meeting strict materials across residential, c
Slide 16: Leveraging Brand & Distribution Strength
Leveraging Brand & Distribution Strength Dealer Retail Market Brand-Led Institutional Multi-Sector Network Leadership Expansion Sales Focus Customer Base Extensive dealer Retail-driven TMT Expanding the Dedicated B2B Trusted product network with a bar business retail footprint of sales model portfol
Slide 17: Trusted By Leading Customers Across Industries
Trusted By Leading Customers Across Industries Clients For Stainless Steel Products Lotus Temple Atomic Power Station, LIC Building, New Delhi Narora Clients For TMT Rebars Flagship Projects Featuring Rathi Products Delhi Metro Rail Tehri Dam, Garhwal Tehri Dam, Garhwal Corporation Investor Presenta
Slide 18: Strategic Growth Roadmap
Strategic Growth Roadmap Operational Excellence Sustainable Manufacturing Long-Term Financial Focus • Driving Higher Asset Utilization • Planned rooftop solar • Focus on high-margin & Cost Efficiency. installation product mix • Increase Steel Melting Shop • Increase renewable • Pursue expansion with
Slide 19: The Indian Steel Industry – A Global Powerhouse
The Indian Steel Industry – A Global Powerhouse India is the world’s 2nd largest Consumption Of Finished Steel (In Million Tonnes) crude steel producer. 170.15 Per-capita steel consumption 152.12 135.9 has crossed 100 kg, well below 119.17 the global average (230 kg), 105.75 leaving strong growth po
Slide 20: The Stainless-Steel Opportunity
The Stainless-Steel Opportunity India is the 2nd largest consumer of stainless steel globally. Consumption Of Stainless Steel (In Million Tonnes) Stainless steel demand is expected to grow 7–8% annually, faster than carbon steel. 4.8 Preferred material for modern infrastructure: railways, metro syst
Slide 21: The Stainless-Steel Opportunity
The Stainless-Steel Opportunity Infrastructure & construction remain the largest drivers of steel demand. Total Crude / Finished Steel Production In Million Tonnes Crude Steel Production Finished Steel Production Finished steel consumption is projected to grow ~11% by FY26. 170.15 160.9 India’s cons
Slide 22: Efficient Steelmaking with a Lower Carbon Footprint
Efficient Steelmaking with a Lower Carbon Footprint Conventional Primary Producers Advantage – Rathi Steel And Power Limited Large integrated steelmakers Scrap-based steelmaking using various grades of quality scrap Use Iron Ore + Coal/Coke as primary raw material Circular economy model using recycl
Slide 23: Key Financial Highlights
Key Financial Highlights (All Amount In ₹ Cr & Margins In %) Total Revenue EBITDA# PAT Excluding Exceptional Item 716.49 35.00 30.00 28.90 14.00 12.87 24.25 24.31 505.43 25.00 496.28 12.00 20.00 9.24 10.00 8.00 15.00 6.00 10.00 4.00 3.70 5.00 2.00 0.00 0.00 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY
Slide 24: Financial Highlights
Financial Highlights Year On Year Fixed Asset Turnover Interest Coverage Revenue Growth 41.76% 7.42 Times 3.89 Times Year on Year Return on capital Return on Equity Profit Growth Employed 9.09% 39.24% 10.52% Long Term Debt to Book Value Inventory Days Equity 0.08 Times ₹ 17.14 35.66 Days Investor Pr
Slide 25: Profit & Loss Statement & Cashflow Highlights
Profit & Loss Statement & Cashflow Highlights (In ₹ Cr) Particulars FY24 FY25 FY26 Cashflow Highlights Revenues 493.19 503.15 716.05 Other Income 3.10 2.28 0.44 Total Revenue 496.28 505.43 716.49 32.45 Raw Material Expenses 375.07 377.87 572.494 24.15 24.44 Employee Costs 9.51 12.08 16.27 Other Expe
Slide 26: Balance Sheet
Balance Sheet (In ₹ Cr) Equities & Liabilities FY24 FY25 FY26 Assets FY24 FY25 FY26 Equity Share Capital 85.06 86.36 86.36 Non-Current Assets Preference Share Capital 10.40 8.89 8.89 Fixed assets 70.35 89.65 103.35 Reserves & Surplus 27.61 41.77 54.63 Deferred Tax Assets (Net) 72.91 72.91 72.91 Tota
Slide 27: Key Ratios
Key Ratios (In %) (In Times) (In Days) ROCE ROE Current Ratio Receivable Turnover Ratio 30.32 1.20 25.00% 19.12% 1.04 19.00% 1.00 20.00% 0.78 0.80 10.18% 14.00% 0.8 0 20.31 15.00% 12.19% 8.58% 10.22% 9.00% 0.60 10.42% 12.66 10.00% 4.00% 0.40 5.00% -1.00% 0.20 0.00% -6.00% 0.00 FY24 FY25 FY26 FY24 FY
Slide 28: Stock Data
Stock Data As On 17-08-2026 As On 31-03-2026 BSE (504903| INE336C01016) Share Holding Pattern Share Price (₹) 25.62 Market Capitalization (₹ Cr) 221.26 41.30% Promoter & Promoter No. of Shares Outstanding 8,63,63,004 Group 58.70% Public Face Value (₹) 10.00 52-week High-Low (₹) 28.99– 13.50 Share Pe
Slide 29: SWOT Analysis
SWOT Analysis Strengths Weaknesses • 80+ years of legacy & strong Rathi brand recall. • Current utilisation levels below potential, leaving • Integrated facility with end-to-end steel operations. room for improvement. • Proprietary direct billet charging technology. • Product diversification into st
Slide 30: Investor Rationale
Investor Rationale Scalable Efficiency & Financial Discipline Trusted Legacy, Poised for Growth Technology-Led Expansive Market Manufacturing Sustainability as with Growth Proven Brand in Stainless Steel Cost Advantage Reach Growth Drivers Platform Headroom Over 80 years of Strategic focus on Integr
Slide 31: Thank You
Thank You Rathi Steel And Power Limited Kirin Advisors Private Limited Plot No. 24/1, Block A, Mohan Cooperative Industrial 713-B, Lodha Supremus II, Wagle Estate, Estate, Mathura Road, New Delhi – 110044 Thane West – 400 604. Phone: +11 4505 8011, +91-120-2840348-50 Phone: 022 4100 2455 Website: ht
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