What we do Rajputana Stainless Ltd manufactures stainless-steel long and flat products including billets, forged ingots, rolled bars, and ancillary items in Gujarat, India. |
Founded in 1,991 |
Market share A key player in domestic stainless steel manufacturing with expanding capacity and market presence. |
Problem solved Provides high-quality stainless steel products catering to industries needing durable and corrosion-resistant materials. |
Top clients or who we serve Serves domestic industrial sectors and export markets; primarily B2B. |
Key management - |
Our journey and innovations Founded in 1991, shifted focus to stainless steel by 2006; added induction furnace, rolling mill, and gas plants to expand capacity. |
Where we operate Mainly India with some exports internationally. |
Top products or what we offer Billets, forging ingots, rolled black and bright bars, flats, patti, and related stainless steel products. |
Top brands - |
Raw materials needed Steel inputs, alloying elements for stainless steel production. |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily cyclical revenues linked to steel demand and industrial cycles. |
Our industry position Positioned as a growing manufacturer focusing on stainless steel bars and flats in India. |
Financial highlights FY23 revenue Rs 932.16 Cr; Net profit Rs 39.85 Cr; raised Rs 255 Cr IPO in 2026. |
Geographical revenue split About 97% revenue domestic, 3% from exports (FY 2011 data). |
Order book - |
Whats driving growth Capacity expansions, product diversification, and improving demand for stainless steel in India. |
Our future plans Focus on increasing production capacity and market reach post IPO. |
Our green promise - |
Our people and values - |
Key challenges ahead Steel market volatility, raw material price fluctuations, and competition. |
Interesting facts Revived from sick unit status in 2006 by strategic business pivots. |
Risks and strategy Mitigates risks via capacity enhancements and focus on stainless steel niche. |
