Rain Industries
155.26
-5.48(-3.41%)
Market Cap₹5,406.40 Cr
PE Ratio-
IndustryChemicals
Company Performance:
1D-3.41%
1M+5.08%
6M+11.39%
1Y-3.91%
5Y+63.69%
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Latest news about Rain Industries
Rain Industries Maintains 'IND A/Stable' Credit Rating Amid Challenging Market Conditions 2 days ago
Rain Industries Limited retains its 'IND A/Stable' credit rating from India Ratings for a INR 1,700 million term loan. Despite a 15% revenue decline to INR 153,744.00 million and EBITDA margin contraction to 8.18%, the company's outlook remains stable. Increased green petroleum coke import quota is expected to boost capacity utilization to 85%-90%. The carbon segment contributes 70% to revenue and 83% to EBITDA. Net leverage increased to 5.43x but is anticipated to normalize below 4.0x. India Ratings projects a stable ROCE of 7%-8% in coming years.
Rain Industries Reports Mixed Q4 2023 Results: EBITDA Up, Net Loss Narrows May 08, 2025
Rain Industries Reports Improved Q3 Performance Despite Continued Losses Feb 27, 2025
Rain Industries Reports Mixed Q4 2024 Results Amid Challenging Market Conditions Feb 25, 2025