Rathi Bars quarterly results and financials

Rathi Bars (BSE 532918)₹15.89−1.30%(9 Nov 2026 close)Iron & Steel Products

Key facts

In the Dec 2025 quarter (standalone), Rathi Bars reported sales of ₹90.74 Cr, down 17.9% from Dec 2024, and net profit of ₹0.71 Cr, down 21.1% year on year. For the year to Mar 2026, sales were ₹369 Cr and net profit −₹11.99 Cr.

Sales (Dec 2025): ₹90.74 Cr
Net profit (Dec 2025): ₹0.71 Cr
Sales (FY Mar 2026): ₹369 Cr
Net profit (FY Mar 2026): −₹11.99 Cr
EPS (Dec 2025): ₹0.42
Borrowings (Mar 2026): ₹86.03 Cr

Company filings, standalone accounts; latest reported quarter Dec 2025

Rathi Bars quarterly results

₹ crore unless stated; each column is a quarter.

Rathi Bars Quarterly results
	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	198	170	172	134	137	148	100	111	138	133	126	90.74
Expenses	194	165	167	130	135	144	96.30	107	135	130	122	88.13
Operating Profit	4.54	4.25	4.41	4.16	2.05	3.57	3.51	3.48	2.83	3.16	3.64	2.34
OPM %	2.3%	2.5%	2.6%	3.1%	1.5%	2.4%	3.5%	3.1%	2.0%	2.4%	2.9%	2.6%
Other Income	0.27	0.17	0.12	0.46	0.12	0.00	0.00	0.00	1.43	0.23	0.54	0.35
Interest	1.79	1.84	1.81	2.18	0.34	1.48	1.58	1.50	1.98	1.44	1.88	0.77
Depreciation	2.09	1.60	1.73	1.61	0.60	1.13	1.34	1.11	1.21	1.10	1.33	1.21
Profit before tax	0.91	0.97	0.98	0.82	1.22	0.96	0.59	0.87	1.06	0.84	0.96	0.70
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit	0.90	1.00	0.99	0.82	1.24	0.98	0.59	0.90	1.08	0.85	0.98	0.71
EPS (Rs)	0.55	0.60	0.60	0.50	0.74	0.58	0.36	0.53	0.65	0.50	0.58	0.42

Rathi Bars profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Rathi Bars Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	209	186	247	410	383	324	494	482	614	496	369	488
Expenses	202	179	239	401	371	312	480	467	599	483	370	475
Operating Profit	7.02	7.02	7.02	8.02	12.03	12.03	13.04	15.05	14.05	13.04	−2.01	11.97
OPM %	3.5%	3.6%	3.0%	2.1%	3.1%	3.7%	2.7%	3.1%	2.3%	2.7%	−0.7%	2.5%
Other Income	1.01	1.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01	1.01	2.55
Interest	2.01	2.01	2.01	2.01	4.01	3.01	4.01	5.01	6.01	6.01	6.01	6.07
Depreciation	5.01	4.01	4.01	5.01	6.01	6.01	6.01	7.01	4.01	5.01	5.01	4.85
Profit before tax	0.99	1.99	1.99	2.99	2.99	2.99	2.99	2.99	3.99	3.99	−11.96	3.56
Tax %	−3.0%	38.0%	35.0%	32.0%	5.0%	24.0%	10.0%	22.0%	12.0%	27.0%	−6.0%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Net Profit	0.99	0.99	1.01	2.01	2.99	1.99	2.99	2.99	4.01	3.01	−11.99	3.62
EPS (Rs)	0.90	0.58	0.85	1.14	1.66	1.40	1.74	1.57	2.18	1.56	−7.04	2.15
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Rathi Bars balance sheet

₹ crore, at each year end.

Rathi Bars Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15.95	15.97	15.95	15.96	15.95	15.95	15.97	15.94	15.94	15.94	15.95	15.95
Reserves	57.96	59.02	60.03	60.95	63.98	65.91	68.96	70.94	73.87	77.90	79.86	69.02
Borrowings	31.00	23.01	15.00	11.99	29.02	40.99	47.00	64.97	71.92	66.99	81.87	86.03
Other Liabilities	29.85	28.86	20.90	18.91	17.91	19.91	19.90	21.89	21.90	17.91	16.92	82.60
Total Liabilities	135	128	112	110	127	143	152	175	185	179	195	254
Fixed Assets	27.01	22.01	22.01	25.01	36.01	37.99	43.02	42.04	42.01	38.04	41.01	40.99
CWIP	6.01	9.01	13.02	11.01	10.01	13.01	10.02	9.01	7.01	7.01	5.01	0.00
Investments	19.94	11.98	0.00	0.00	0.00	0.00	0.99	0.99	0.99	0.00	0.00	0.00
Other Assets	82.80	84.86	76.85	71.79	79.84	90.76	99.80	123	136	134	149	213
Inventories	18.02	15.02	15.03	10.02	13.03	13.02	18.02	29.04	16.02	16.01	13.02	2.01
Trade receivables	45.87	39.85	37.89	39.87	49.84	58.80	57.83	69.73	78.80	72.80	96.65	86.68
Cash & equivalents	0.99	8.97	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.00	0.00	0.00
Total Assets	135	128	112	110	127	143	152	175	185	179	195	254

Rathi Bars cash flow

₹ crore, for each year.

Rathi Bars Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	5.99	14.99	−2.99	9.99	−0.99	1.99	2.99	−8.99	2.99	11.98	−2.99	0.99
Cash from investing activity	1.99	3.99	3.99	−5.99	−13.98	−10.98	−5.99	−3.99	−4.99	−0.99	−5.98	0.99
Cash from financing activity	−8.02	−10.03	−11.03	−4.01	15.06	9.03	3.01	14.03	2.01	−12.03	9.02	−2.01
Net cash flow	0.00	8.01	−9.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capex	2.75	0.00	0.00	0.00	0.00	0.00	0.00	4.17	4.57	0.99	6.12	0.11
Free cash flow	2.99	10.98	−9.97	3.99	−14.95	−8.97	−2.99	−13.96	−1.99	10.96	−8.97	1.99
CFO / OP %	59.0%	206.0%	−34.0%	134.0%	−6.0%	24.0%	29.0%	−69.0%	24.0%	92.0%	−18.0%	−57.0%

Rathi Bars ratios

Working-capital days and returns, by year.

Rathi Bars Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	71	70	75	60	44	56	66	52	60	43	72	86
Inventory days	34	34	63	39	14	15	23	23	13	10	10	2
Days payable	22	23	46	35	11	13	15	9	9	6	6	12
Cash conversion cycle	83	81	93	64	47	58	74	65	65	48	76	76
Working capital days	44	48	89	67	37	37	53	39	45	36	45	51
ROCE %	4.0%	4.0%	3.0%	4.0%	4.0%	6.0%	5.0%	5.0%	6.0%	6.0%	6.0%	−4.0%

Rathi Bars: frequently asked questions

What are the latest quarterly results of Rathi Bars?

For the Dec 2025 quarter, Rathi Bars reported sales of ₹90.74 Cr, down 17.9% year on year and net profit of ₹0.71 Cr, down 21.1% year on year. The operating margin was 2.6%.

What is the annual revenue of Rathi Bars?

Rathi Bars' sales for the year to Mar 2026 were ₹369 Cr; over the last twelve months they were ₹488 Cr.

What is the net profit of Rathi Bars?

Net profit for the year to Mar 2026 was −₹11.99 Cr, and ₹3.62 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.15.

How much debt does Rathi Bars have?

Rathi Bars reported borrowings of ₹86.03 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.

What is the free cash flow of Rathi Bars?

Cash from operations was ₹0.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.99 Cr.

Loading…