P S Raj Steels Ltd (PSRAJ) Share Price & Fundamentals

What we do

P S Raj Steels Ltd manufactures stainless steel pipes and tubes serving sectors like railways, furniture, and food processing.

Founded in

2,004

Market share

Established player with growing market presence in stainless steel pipes industry, listed on NSE Emerge platform since 2025.

Problem solved

Provides durable, corrosion-resistant steel tubing solutions critical for infrastructure and industrial applications, ensuring quality and reliability.

Top clients or who we serve

B2B focus serving railway, household goods, sugar mills, and heat exchanger sectors.

Key management

Managing Director Deepak Kumar and Whole-time Director Gaurav Gupta lead the company.

Our journey and innovations

Founded in 2004, expanded manufacturing capacity with advanced tube mills and polish machines; IPO raised Rs 28.28 crore in 2025.

Where we operate

Operations centered in Hisar, Haryana with distribution primarily in India.

Top products or what we offer

Stainless steel pipes and tubes for railways, furniture, food processing, sugar mills, and heat exchangers.

Top brands

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Raw materials needed

Stainless steel raw materials for pipe and tube manufacturing.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue primarily from recurring industrial orders with some cyclical fluctuation based on sector demands.

Our industry position

Growing mid-tier manufacturer with niche in stainless steel tubular products.

Financial highlights

FY 2024-25 revenue Rs 266.27 crore, net profit Rs 7.41 crore, steady profit growth from previous year.

Geographical revenue split

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Order book

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Whats driving growth

Expansion in manufacturing capacity and strong SME IPO funding support growth and operational efficiency.

Our future plans

Utilize IPO proceeds for working capital and further capacity enhancement to capture market demand.

Our green promise

Implemented energy conservation such as LED lighting and solar panels for sustainable operations.

Our people and values

Workforce focused on training, safety, and inclusive corporate culture with strong governance.

Key challenges ahead

Market competition, raw material cost volatility, and scaling manufacturing efficiently.

Interesting facts

IPO oversubscribed 9.16 times highlighting investor confidence.

Risks and strategy

Mitigating risks through quality control, strategic procurement, and maintaining strong client relationships.