Rathi Steel & Power Ltd-$
Transcript of the Earning Call related to the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 06 Jun 2026, 03:40 PM IST · BSE ID: 4fc2c3b0-e62e-47cb-9aa0-f5cfe72cea74
View Original BSE Filing (PDF)
💡
In Simple Terms
Rathi Steel & Power shared details from its Q4 and full-year earnings call, highlighting significant revenue and profit growth for FY26.
🤖 AI Summary
- Rathi Steel & Power Ltd submitted the earnings call transcript for Q4 and FY26 financial results to BSE.
- FY26 total income stood at approximately INR 716 crores, a 41.7% year-on-year growth.
- Q4 FY26 total income rose to INR 244.57 crores, reflecting 63.3% year-on-year growth.
- FY26 PAT increased to INR 12.87 crores, registering 39.24% growth, excluding exceptional items.
- The company's rolling mill production volume witnessed approximately 117% year-on-year growth.
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Total Income
INR 716 crores
41.7%
FY26 EBITDA
INR 28.9 crores
18.8%
FY26 PAT
INR 12.87 crores
39.24%
Q4 FY26 Total Income
INR 244.57 crores
63.3%
Q4 FY26 EBITDA
INR 9.89 crores
22%
Q4 FY26 PAT
INR 7.45 crores
Rolling Mill Production Volume Growth YoY
117%
🏢 How This Affects the Company
The company reported a 41.7% year-on-year growth in total income for FY26, reaching INR 716 crores, driven by improved market demand and ramp-up of TMT bar mill operations. It is focusing on increasing high-margin stainless steel products and premium TMT bars.
FY26 PAT increased to INR 12.87 crores, up 39.24% YoY, while Q4 FY26 PAT was INR 7.45 crores. EBITDA for FY26 grew by 18.8% to INR 28.9 crores.
Rolling mill production witnessed a 117% year-on-year volume growth. The company aims to ramp up steel melting shop utilization from 50%-52% to nearly 80% and implement direct charging technology for its TMT division to improve efficiencies.
The management noted global steel volatility, elevated fuel costs, geopolitical uncertainties, and increasing pressure from competitively priced imports as ongoing industry challenges.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this transcript submission.
👤
Who Is Affected
All shareholders are affected as the transcript provides details on the company's Q4 and FY26 financial and operational performance, including total income of INR 716 crores and PAT of INR 12.87 crores for FY26.
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Management Signal
Management's decision to share the earnings call transcript signals transparency and a commitment to communicating financial and operational performance to stakeholders.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — check for sustained revenue and profit growth.
Updates on TMT division direct charging technology implementation progress.
Details on steel melting shop expansion plans and utilization rate improvements.
MEDIUM RISK
The company operates in a dynamic steel industry facing global volatility, elevated fuel costs, and import pressures.
💡 Investor Takeaway
Rathi Steel & Power Ltd's Q4 and FY26 earnings call transcript confirms FY26 total income of INR 716 crores, up 41.7% YoY, and PAT of INR 12.87 crores, a 39.24% YoY increase. Q4 total income rose 63.3% YoY to INR 244.57 crores, with rolling mill volumes up 117% YoY.
⚖️ Strengths & Concerns
✅ Positives
- FY26 total income grew by approximately 41.7% year-on-year to INR 716 crores, demonstrating strong top-line expansion.
- Rolling mill production volumes increased by approximately 117% year-on-year, indicating significant operational ramp-up.
⚠️ Concerns
- EBITDA growth of 18.8% for FY26 to INR 28.9 crores was lower than total income growth, suggesting potential margin pressures.
- Steel melting shop is currently operating at 50%-52% utilization, indicating significant unutilized capacity and efficiency headroom.
📅 Company Track Record
Rathi Steel & Power Ltd previously reported FY26 revenue of ₹716.7 Crores with 41.8% YoY growth and Q4 momentum at 63.5% YoY in a press release dated 2026-04-01. Revised Q4 FY26 results presentation on 2026-06-03 confirmed Q4 FY26 PAT up 95.84% YoY to Rs. 7.45 Cr.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Rathi Steel & Power Ltd's total income for FY26?
Rathi Steel & Power Ltd's total income for the financial year ended March 31, 2026, was approximately INR 716 crores, representing a 41.7% year-on-year growth.
What was Rathi Steel & Power Ltd's Profit After Tax (PAT) for FY26?
The Profit After Tax (PAT) for Rathi Steel & Power Ltd in FY26 increased to INR 12.87 crores, registering a growth of 39.24%.
How much did Rathi Steel & Power Ltd's Q4 FY26 total income grow?
Rathi Steel & Power Ltd's total income for Q4 FY26 rose to INR 244.57 crores, reflecting a year-on-year growth of 63.3%.
What was the volume growth in Rathi Steel & Power Ltd's rolling mill production for FY26?
Rathi Steel & Power Ltd's rolling mill production volumes witnessed a year-on-year growth of approximately 117% in FY26.
Questions based on this BSE filing only. For information purposes.