Rathi steel & power Limited has issued a clarification to the BSE regarding recent significant movement in its share price, responding to an inquiry from the stock exchange dated April 8, 2026. The company's response, signed by Whole Time Director Abhishek Verma on April 9, 2026, addresses concerns about the underlying reasons for the price volatility.

Regulatory Compliance Confirmation

The company has confirmed its full compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rathi Steel and Power Limited stated that it has been promptly informing stock exchanges of all events and information that have a bearing on the company's operations or performance, including all price-sensitive information as required under the listing regulations.

No Undisclosed Information

The management emphasized that it is not aware of any undisclosed price-sensitive information or any impending specific event or information that requires disclosure to stock exchanges under Regulation 30 of the Listing Regulations that has not already been disclosed to the market.

Market-Driven Movement

Rathi Steel and Power Limited attributed the recent share price movement to purely market-driven factors, stating that the company has no control over, nor knowledge of, the underlying reasons for such movement. This response indicates that the price volatility appears to be driven by external market forces rather than any company-specific developments or undisclosed information.

Ongoing Commitment

The company has assured stakeholders that it will continue to comply with the requirements of the Listing Regulations and promptly disclose all material events, information, or actions to the stock exchanges as applicable. This commitment reinforces the company's dedication to maintaining transparency and regulatory compliance in its market communications.

Rathi steel & power Limited has announced robust financial results for Q4 FY26 through an official press release under Regulation 30, showcasing significant revenue growth and strong full-year performance. The company, a leading player in stainless steel long products and TMT bars, demonstrated operational resilience despite challenging market conditions.

Strong Quarterly Performance

The company delivered impressive revenue growth in Q4 FY26, recording ₹244.8 crores approximately for the quarter. This performance demonstrates strong operational execution and market demand for its products and services.

Full-Year Revenue Achievement

Rathi Steel And Power's consistent performance throughout FY26 resulted in substantial annual revenue figures, reflecting the company's ability to maintain growth momentum across multiple quarters.

Operational Excellence and Market Position

The company is uniquely positioned in the stainless steel wire rod space as the only Indian company with direct charging capabilities for rolling stainless steel wire rod. This involves directly feeding hot stainless steel billet into the wire rod rolling mill, thereby minimizing fuel consumption for reheating purposes. This capability proves particularly relevant during current times when fuel prices are rapidly rising due to energy disruptions from geopolitical developments.

The company's balanced and diversified product portfolio comprising stainless steel and TMT products provides operational flexibility, enabling it to cater to a wider customer base while optimizing realizations. Additionally, improved operational flexibility has led to higher capacity utilization levels of the rolling division, contributing to better throughput and scalability of operations.

Management Commentary

Commenting on the performance, Mr. Udit Rathi, Promoter of Rathi Steel And Power Limited, said, "This has been a strong finish to the year driven by the collective efforts of our team and continued focus on quality and operational excellence. As we move ahead, we remain optimistic about the strong fundamentals of the Indian economy, with a strong leadership and foundation in place. Company's platform is well set for the next phase of growth, with continued focus on efficiency, quality, and scalable execution."