Rajnandini Metal Ltd
NSE: RAJMETMetal
Incorporated in 2010, Rajnandini Metal Ltd in the business of manufacturing, trading, and dealing in high-grade Copper Continuous Casting Rods and copper wires[1]
₹3.9
52W: ₹2.72 — ₹7.12
PE 0 · Book ₹1.98 · +97% vs bookMarket Cap₹108 Cr
Stock P/E—Price to Earnings
ROCE8.11%Return on Capital
ROE3.84%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding is low: 31.6%
- −Contingent liabilities of Rs.308 Cr.
- −Earnings include an other income of Rs.5.30 Cr.
- −Company's cost of borrowing seems high
- −Promoter holding has decreased over last 3 years: -41.6%
Shareholding Pattern
Promoters31.61%
FIIs0%
DIIs0%
Public68.39%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.68% | 33.71%▼18.0 | 31.61%▼2.1 | 31.61% | 31.61% | 31.61% | 31.61% | 31.61% |
| FIIs | 0% | 0.13%▲0.1 | 0.03%▼0.1 | 0.52%▲0.5 | 0.51%▼0.0 | 0%▼0.5 | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 48.32% | 66.17%▲17.9 | 68.37%▲2.2 | 67.87%▼0.5 | 67.89%▲0.0 | 68.39%▲0.5 | 68.39% | 68.39% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 333.1 | 297.67 | 315.8 | 314.61 | 277.72 | 232.72 | 208.53 | 73.88 | 71.16 | 61.84 |
| Expenses | 325.43 | 292.19 | 314.7 | 313.61 | 276.91 | 230.24 | 209.5 | 75.28 | 70.46 | 60.44 |
| Operating Profit | 7.67 | 5.48 | 1.1 | 1 | 0.81 | 2.48 | -0.97 | -1.4 | 0.7 | 1.4 |
| OPM % | 2.3% | 1.84% | 0.35% | 0.32% | 0.29% | 1.07% | -0.47% | -1.89% | 0.98% | 2.26% |
| Net Profit | 6.5 | 3.86 | 0.29 | -1.24 | -1.22 | 0.09 | 0.38 | -1.99 | 0.03 | 0.51 |
| EPS ₹ | 0.24 | 0.14 | 0.01 | -0.04 | -0.04 | 0 | 0.01 | -0.07 | 0 | 0.02 |
AI Insights
Revenue Trend
TTM revenue at ₹415Cr, down 59.9% YoY. OPM at 0%.
Debt Position
Borrowings at ₹15Cr. Debt-to-equity ratio: 0.56x. Moderate leverage.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 31.61%.
Margin & Efficiency
ROCE improving from 0% (Mar 2011) to 8% (Mar 2025). Working capital days: 11.
Recent Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Regulation 74(5) certificate submitted for quarter ended March 31, 2026.
- Trading Window 26 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after results for quarter/year ended Mar 31, 2026.
- Outcome of Board Meeting 27 February 2026 - Chairman/MD Sanjay Choudhary resigned effective Feb 27, 2026; Ashok Kalra appointed Chairman & MD Feb 27, 2026–Feb 26, 2029.
- Updates 12 February 2026 - Requested waiver of Rs.2,89,100 fine for Reg 17(1) non-compliance; MD appointed Aug 19, 2025.
- Copy of Newspaper Publication 12 February 2026 - Newspaper clipping of unaudited results for quarter and nine months ended Dec 31, 2025, published Feb 12, 2026.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse