Rajnandini Metal (RAJMET)₹2.95−1.67%Aluminium, Copper & Zinc Products
In the Mar 2026 quarter (standalone), Rajnandini Metal reported sales of ₹56.35 Cr, down 72.9% from Mar 2025, and net profit of ₹1.12 Cr, up 202.7% year on year. For the year to Mar 2026, sales were ₹263 Cr and net profit ₹0 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 265 | 332 | 297 | 315 | 314 | 277 | 232 | 208 | 73.67 | 71.05 | 61.69 | 56.35 |
| Expenses | 259 | 326 | 292 | 315 | 313 | 277 | 230 | 209 | 75.19 | 70.47 | 60.37 | 54.04 |
| Operating Profit | 7.21 | 7.66 | 5.47 | 1.09 | 0.99 | 0.80 | 2.47 | −0.96 | −1.39 | 0.69 | 1.39 | 2.34 |
| OPM % | 2.7% | 2.3% | 1.9% | 0.4% | 0.3% | 0.3% | 1.1% | −0.5% | −1.9% | 1.0% | 2.3% | 4.2% |
| Other Income | 0.71 | 0.93 | 3.38 | 3.44 | 1.54 | 1.41 | 1.30 | 4.04 | 0.53 | 0.49 | 0.20 | 0.11 |
| Interest | 2.03 | 2.35 | 3.25 | 3.73 | 3.88 | 3.55 | 3.36 | 2.38 | 1.30 | 0.78 | 0.53 | 0.51 |
| Depreciation | 0.25 | 0.32 | 0.36 | 0.32 | 0.32 | 0.31 | 0.31 | 0.30 | 0.32 | 0.29 | 0.31 | 0.30 |
| Profit before tax | 5.66 | 5.92 | 5.24 | 0.49 | −1.64 | −1.62 | 0.13 | 0.41 | −2.45 | 0.12 | 0.76 | 1.65 |
| Tax % | 19.2% | −9.5% | 26.7% | 42.0% | −24.8% | −25.2% | 35.7% | 9.5% | −19.1% | 77.0% | 33.8% | 31.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 4.57 | 6.48 | 3.85 | 0.28 | −1.23 | −1.21 | 0.08 | 0.37 | −1.98 | 0.02 | 0.50 | 1.12 |
| EPS (Rs) | 0.18 | 0.23 | 0.13 | 0.00 | −0.03 | −0.03 | 0.00 | 0.02 | −0.08 | 0.00 | 0.01 | 0.03 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 141 | 137 | 148 | 629 | 1,026 | 1,027 | 1,209 | 1,032 | 263 | 263 |
| Expenses | 138 | 133 | 144 | 620 | 1,010 | 1,009 | 1,190 | 1,029 | 260 | 260 |
| Operating Profit | 2.99 | 2.99 | 3.99 | 10.98 | 17.95 | 18.96 | 20.96 | 2.99 | 2.99 | 3.03 |
| OPM % | 2.2% | 2.5% | 2.7% | 1.7% | 1.8% | 1.9% | 1.8% | 0.3% | 1.2% | 1.2% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 9.98 | 7.99 | 7.98 | 0.99 | 1.33 |
| Interest | 1.99 | 1.99 | 1.99 | 3.99 | 4.01 | 7.01 | 10.99 | 13.01 | 2.99 | 3.12 |
| Depreciation | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.22 |
| Profit before tax | 0.99 | 1.99 | 1.99 | 6.98 | 13.96 | 20.94 | 16.95 | −2.99 | 0.00 | 0.08 |
| Tax % | 33.0% | 32.0% | 28.0% | 28.0% | 29.0% | 35.0% | 12.0% | −20.0% | 420.0% | — |
| Exceptional items | 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 | 0.99 | 4.99 | 9.96 | 13.96 | 14.94 | −1.99 | 0.00 | −0.34 |
| EPS (Rs) | 0.06 | 0.05 | 0.03 | 0.17 | 0.35 | 0.50 | 0.54 | −0.09 | 0.00 | −0.04 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 17.9% | 20.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.01 | 6.01 | 6.01 | 12.01 | 18.01 | 27.99 | 27.99 | 28.02 | 27.99 |
| Reserves | 4.01 | 7.01 | 8.00 | 6.99 | 11.01 | 14.01 | 29.01 | 29.02 | 29.02 |
| Borrowings | 22.06 | 25.06 | 40.11 | 43.14 | 51.24 | 72.23 | 100 | 44.15 | 13.05 |
| Other Liabilities | 7.95 | 0.99 | 7.96 | 28.03 | 26.89 | 27.03 | 6.97 | 46.99 | 49.13 |
| Total Liabilities | 38.03 | 40.07 | 63.08 | 90.17 | 108 | 140 | 164 | 148 | 119 |
| Fixed Assets | 1.01 | 7.02 | 17.06 | 25.09 | 25.11 | 35.12 | 34.13 | 33.11 | 21.07 |
| CWIP | 0.00 | 1.01 | 5.01 | 0.00 | 0.00 | 0.00 | 1.01 | 2.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 38.02 | 33.04 | 41.01 | 65.08 | 83.04 | 105 | 129 | 113 | 98.12 |
| Inventories | 5.02 | 8.03 | 17.06 | 23.10 | 44.17 | 62.23 | 97.32 | 93.34 | 82.33 |
| Trade receivables | 24.96 | 19.97 | 17.95 | 37.91 | 29.94 | 32.94 | 24.94 | 10.98 | 2.99 |
| Cash & equivalents | 0.99 | 0.99 | 0.99 | 0.00 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Total Assets | 38.03 | 40.07 | 63.08 | 90.17 | 108 | 140 | 164 | 148 | 119 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.99 | 1.99 | 1.99 | 4.98 | −4.99 | −2.99 | −19.96 | 61.87 | 21.96 |
| Cash from investing activity | 0.00 | −3.01 | −14.05 | −4.01 | 0.00 | −9.02 | 2.01 | 5.01 | 13.04 |
| Cash from financing activity | −2.01 | 1.01 | 12.04 | −1.01 | 5.02 | 11.04 | 17.07 | −67.26 | −34.12 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 0.00 | 0.02 | 14.30 | 4.63 | 1.60 | 11.12 | 1.50 | 0.54 | 0.33 |
| Free cash flow | 2.01 | 2.01 | −12.03 | 0.00 | −6.02 | −14.05 | −21.06 | 62.16 | 33.07 |
| CFO / OP % | 76.9% | 58.0% | 62.0% | 67.0% | −10.1% | 18.0% | −75.0% | 1,951.9% | 732.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 65 | 55 | 46 | 23 | 12 | 13 | 8 | 5 | 5 |
| Inventory days | 15 | 22 | 45 | 15 | 17 | 24 | 32 | 35 | 122 |
| Days payable | 21 | 3 | 20 | 16 | 9 | 9 | 2 | 16 | 64 |
| Cash conversion cycle | 57 | 72 | 69 | 20 | 18 | 26 | 36 | 22 | 61 |
| Working capital days | 15 | 16 | 11 | 6 | 4 | 5 | 8 | 10 | 57 |
| ROCE % | — | 10.0% | 8.9% | 18.0% | 25.0% | 28.9% | 20.9% | 8.0% | 4.0% |
For the Mar 2026 quarter, Rajnandini Metal reported sales of ₹56.35 Cr, down 72.9% year on year and net profit of ₹1.12 Cr, up 202.7% year on year. The operating margin was 4.2%.
Rajnandini Metal's sales for the year to Mar 2026 were ₹263 Cr; over the last twelve months they were ₹263 Cr.
Net profit for the year to Mar 2026 was ₹0 Cr, and −₹0.34 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.04.
Rajnandini Metal reported borrowings of ₹13.05 Cr at Mar 2026, against cash and equivalents of ₹0.99 Cr.
Cash from operations was ₹21.96 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹33.07 Cr.