Rajputana Stainless Q2 FY27: revenue ₹360 Cr, net profit ₹24 Cr
Results · Finvezto · 3 Nov 2026 · Rajputana Stainless (RSL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 360 | - | - |
| Operating profit | 33 | - | - |
| Net profit | 24 | - | - |
| Operating margin | 9.3% | - | - |
| Net margin | 6.6% | - | - |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Rajputana Stainless reported a 33% year-on-year increase in Q2 revenue to INR 360 crores, with operating EBITDA rising 38% to INR 33.4 crores and profit after tax growing 79% to INR 23.7 crores. Earnings call
- The company operated at 100% capacity utilization during the quarter and entered the second half of the fiscal year with an order book of approximately INR 500 crores, including INR 80 crores in aerospace and defense. Earnings call
- Management plans to expand melting capacity from 48,000 tons to 60,000 tons by Q4 FY27 and enter the seamless pipe segment, both funded via internal accruals and IPO proceeds without additional debt. Earnings call
What to watch
- Management on capacity expansion timeline: Timeline for the capacity expansion is the 4th quarter of 2026-27 is when we expect the capacity expansion to happen.
- Management on free cash flow: Yes, the free cash flow will be positive.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.