Rajputana Stainless Limited has delivered impressive financial performance in its Q3 results, demonstrating robust growth across key profitability metrics. The company's Board of Directors approved the unaudited financial results for the quarter and nine-month period ended December 31, at their meeting held on April 09.

Strong Quarterly Performance

The company's profitability showed remarkable improvement during the quarter. Net profit increased to ₹123M compared to ₹95M in the corresponding period of the previous year, marking a substantial 28.89% year-on-year growth. Revenue from operations reached ₹2.5B, up from ₹2.3B in the same quarter last year, representing a solid 7.37% increase.

EBITDA Performance Highlights

The company demonstrated strong operational efficiency with EBITDA reaching ₹235M compared to ₹196M in the previous year, representing significant growth. The EBITDA margin expanded to 9.39% from 8.40% year-on-year, indicating improved operational profitability and cost management.

Nine-Month Performance Highlights

For the nine-month period ended December 31, the company maintained its strong performance trajectory. Net profit for the nine-month period reached ₹367.16 crores compared to ₹315.83 crores in the corresponding period last year, showing a growth of 16.25%. Revenue from operations for the nine-month period stood at ₹7,521.62 crores versus ₹6,841.28 crores in the previous year.

Earnings Per Share Performance

The company's earnings per share (EPS) for the quarter stood at ₹1.79 compared to ₹1.39 in the corresponding quarter of the previous year. For the nine-month period, EPS reached ₹5.33 versus ₹4.58 in the same period last year, reflecting the strong profit growth achieved during the period.

Board Meeting and Compliance

The Board Meeting commenced at 4.00 p.m. and concluded at 4.45 p.m. on April 09. The unaudited financial results have been prepared in accordance with Indian Accounting Standard (Ind AS) 34 - Interim Financial Reporting and comply with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company's statutory auditors have conducted a limited review of the financial results and issued an unmodified review report.

Rajputana Stainless Limited has officially announced achieving complete debt-free status by repaying its entire debt portfolio of ₹96.01 crore. The company made this announcement through a press release issued under Regulation 30 of SEBI regulations, marking a significant financial milestone shortly after its recent stock market listing.

Official Debt Repayment Details

The comprehensive debt clearance was completed across all borrowing categories, demonstrating the company's commitment to its IPO roadmap:

Management Commentary and Strategic Vision

Commenting on this achievement, Chairman & Managing Director Shankarlal Deepchand Mehta stated that the successful debt repayment reflects the company's commitment to objectives outlined during the IPO. He emphasized that becoming debt-free soon after listing demonstrates disciplined capital allocation and strong execution capabilities.

The management highlighted that this strengthened financial position enables the company to accelerate growth, drive operational efficiencies, expand capacities, and capitalize on emerging opportunities while creating long-term value for stakeholders.

Enhanced Financial Flexibility

With zero outstanding debt, Rajputana Stainless Limited now operates with significantly improved financial metrics and enhanced capacity for future strategic initiatives. The debt-free status aligns with the stated utilization of IPO proceeds, reinforcing management credibility and commitment to delivering on its strategic roadmap.

The company's transition eliminates ongoing interest expenses and provides greater operational autonomy. This positions the manufacturer of stainless steel products to fund upcoming expansion plans, including the Stainless-Steel Seamless Pipes Unit, driven by a stronger balance sheet and improved credit profile.