Rathi Steel & Power Limited has delivered impressive financial results for Q3FY26, showcasing strong operational performance and continued recovery momentum. The company presented its unaudited financial results to analysts on February 18, 2026, highlighting significant growth across key financial parameters.

Strong Revenue Growth Drives Performance

The company's financial performance for Q3FY26 demonstrated robust growth momentum with total income reaching ₹160.09 crore, representing a substantial increase of 50.97% compared to ₹106.04 crore in Q3FY25. Operating income formed the major component, rising from ₹104.43 crore to ₹160.02 crore year-on-year.

Profitability Shows Remarkable Improvement

The company's bottom-line performance exhibited exceptional growth with PAT surging 262.33% to ₹1.91 crore from ₹0.53 crore in Q3FY25. EBITDA strengthened by 38.17% to ₹6.41 crore compared to ₹4.64 crore in the corresponding quarter last year. Despite higher operational scale, the company maintained disciplined cost management with total expenditure rising to ₹153.68 crore from ₹101.40 crore.

Operational Excellence and Strategic Positioning

Incorporated in 1971, Rathi Steel and Power Limited operates a modern facility spanning approximately 12.5 acres in Ghaziabad, strategically located near the NCR region. The company maintains steel melting capacity of around 85,000 TPA and rolling capacity of 200,000 TPA, providing operational scale and flexibility.

The company holds the distinction of being India's only stainless-steel wire rod producer using direct billet charging technology, which ensures cost and energy savings of approximately 1.25-1.5%. The facility manufactures stainless steel billets, wire rods, and bright bars, with recent diversification into stainless steel rebars supported by BIS certification.

Financial Transformation and Zero-Debt Achievement

Rathi Steel and Power Limited has successfully completed a comprehensive financial transformation, achieving zero-debt status by March 2024. This milestone was accomplished through strategic debt restructuring and equity infusion of ₹114.71 crore through preferential allotment in February 2024. The funds were strategically deployed toward need-based CAPEX, working capital support, and debt repayment.

Market Position and Growth Strategy

The company leverages its strategic location advantage with proximity to key markets, resulting in lower outward freight costs of ₹800-1,000 per MT compared to ₹1,500 per MT for peers. Rathi Steel maintains a strong distribution network across North India and serves marquee clients across both stainless steel products and TMT rebars segments. The company is well-positioned to capitalize on emerging demand for Fe 550/550D TMT grade from real estate majors across the NCR region.

Rathi steel & power Limited has scheduled a comprehensive timeline for its Q3FY26 financial results disclosure, beginning with a board meeting on February 13, 2025, followed by an earnings call on February 18, 2026. The company made these announcements through formal communications to BSE Limited, adhering to regulatory requirements under SEBI Listing Regulations.

Board Meeting Details

The board meeting will focus on considering and approving the company's financial performance for specific reporting periods. Key aspects of the scheduled board meeting include:

Earnings Call Schedule

Following the board meeting, the company has organized an earnings call to discuss the approved financial results with stakeholders and investors.

Management Speakers

The earnings call will feature key management personnel who will present and discuss the financial results:

Trading Window Restrictions

In accordance with standard regulatory practices, the company has implemented trading restrictions to ensure compliance with insider trading regulations.

Regulatory Compliance

The announcements demonstrate the company's adherence to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The formal communication under Regulation 30 ensures transparency and keeps stakeholders informed about important corporate developments. The company's proactive approach to regulatory compliance reflects its commitment to maintaining proper corporate governance standards.

The financial results for the quarter and nine months ended December 31, 2025, will provide insights into the company's operational and financial performance during this period. Stakeholders and investors will be able to access these results following the board's approval and subsequent discussion during the earnings call.