Rajputana Stainless has confirmed that its promoters and promoter group did not encumber any shares during the financial year ended March 31, 2026. The company submitted the annual disclosure to the National Stock Exchange of India Limited on April 8, 2026, in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The declaration covers shares held directly or indirectly by the promoters, including persons acting in concert.

The disclosure was signed by Richa Sanjeev Prashar, Company Secretary and Compliance Officer, on behalf of the company. Separate confirmations were also received from key members of the promoter group, including Shankarlal Deepchand Mehta, Jayesh Natvarlal Pithva, Babulal Deepchand Mehta, and Yash Shankarlal Mehta. All individuals declared that no shares were encumbered during the specified period.

Key Disclosures by Promoter Group

The following table details the individuals who submitted the disclosure confirming the absence of share encumbrances for FY26:

The confirmations were addressed to the Corporate Relations Department of the exchange and copied to the Audit Committee of Rajputana Stainless Limited and the Company Secretary & Compliance Officer. The ISIN for the security is INE313L01016, and the scrip code is 544731.

Rajputana Stainless has reported a 25.01% increase in net profit to ₹49.82 crore for the financial year ended March 31, 2026, driven by growth in revenue and operational efficiency. The company's revenue from operations for FY26 rose to ₹1,006.96 crore from ₹931.93 crore in the previous year. Total income for the year stood at ₹1,010.87 crore, while total expenses amounted to ₹944.52 crore. The profit before tax for the year was reported at ₹66.35 crore, compared to ₹54.63 crore in the previous year.

Financial Performance for FY26

For the quarter ended March 31, 2026, the company posted a net profit of ₹13.10 crore, compared to ₹8.27 crore in the same quarter of the previous year. Revenue for the quarter came in at ₹254.91 crore versus ₹247.91 crore in the year-ago period. The company also reported Q4 EBITDA of ₹235 lakh against ₹181 lakh in the corresponding quarter of the prior year, reflecting improved operational performance. The Q4 EBITDA margin expanded to 9.22% from 7.31% year-on-year, indicating stronger cost efficiency and better absorption of operating expenses. The basic earnings per share (EPS) for the full year increased to ₹7.17 from ₹5.78 in the prior year.

Key Financial Metrics

The following table summarizes the financial performance for the quarter and year ended March 31, 2026:

Dividend Declaration

The Board of Directors has recommended a final dividend of 5%, which translates to ₹0.50 per equity share of face value ₹10 each. This dividend is for the financial year ended March 31, 2026 and is subject to the approval of shareholders at the ensuing Annual General Meeting.

Capital Structure and IPO

During the financial year, the company completed its Initial Public Offer (IPO), comprising a fresh issue and an offer for sale. The equity shares were listed on BSE Limited and National Stock Exchange of India Limited on March 19, 2026. Consequently, the paid-up equity share capital increased to ₹8,356.77 lakh as of March 31, 2026, from ₹6,891.77 lakh in the previous year.