PSRAJ

P S Raj Steels Limited

Listed company · ISIN INE0XUS01020 · NSE SM · FV ₹2
Last price
₹89
-3.94%today
What this company does

P S Raj Steels Limited is a listed company. It booked ₹136 cr of revenue in its latest half year (H2 FY26) and kept 3.4% of sales as profit.

69out of 100
Equitytale Health Score
Solid

Healthier than 69% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns52

How much profit it earns on the money it employs

Balance sheet87

How much it owes, and whether earnings cover the interest

Cash quality50

Whether reported profit actually arrives as cash

Valuation70

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 7% vs last year
✓ Profit up 30% vs last year
✓ Promoters hold 73%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Thin 3.4% net margin

What if I invest in PSRAJ?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹89▼ -3.94%
latest close · 2026-11-04
52-wk low ₹7667 sessions so far52-wk high ₹108
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.3Low
LowAverageHigh
P/B ratio1.02Moderate
Below bookModerateHigh
EV / EBITDA5.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.0%Fair
WeakFairStrong ▸15%
Return on capital16.5%Strong
WeakFairStrong
Net margin3.4%Thin
ThinDecentStrong
EBITDA margin4.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Interest cover36.6×Strong
RiskyOkayStrong ▸5×
Current ratio8.56Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹67 cr
Book value
₹87
EPS
₹6.13
latest half year
Net debt
₹98.4 L
owes more than its cash
Enterprise value
₹68 cr
EBITDA
₹12 cr
annualised
EBIT
₹12 cr
annualised
Operating margin
4.5%
Return on assets
11.2%
Earnings yield
13.78%
P/S
0.25
Sales / share
₹360.2
Tax rate
22.4%
Face value
₹10
Shares
0.8 cr
Working capital
₹65 cr
Current assets
₹73 cr
Current liabilities
₹9 cr
Delivery %
71.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹78 vs market price ₹89 — price is 14% above it
Safety cushion-13.5%(target ≥ +20%)
Models span ₹70–₹139, midpoint ₹78
Model ₹78
Price ₹89
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹136 cr
Other Income₹3.5 L
Total Income₹136 cr
Cost of Materials₹94 cr
Purchases of Stock-in-Trade₹19 cr
Inventory Change (±)₹6 cr
Employee Benefit Expense₹2 cr
Finance Costs₹16.7 L
Other Expenses₹8 cr
Total Expenses₹130 cr
Profit before Tax₹6 cr
Tax Expense₹1 cr
Net Profit₹5 cr
Net margin on total income3.4%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹119 cr87.5%
Employee benefit expense₹2 cr1.5%
Finance costs₹16.7 L0.1%
Other expenses₹9 cr6.5%
Tax expense₹1 cr1.0%
Profit for the period₹5 cr3.4%
Total income ₹136 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue127 cr131 cr136 cr
Total income127 cr131 cr136 cr
Expenses122 cr125 cr130 cr
Profit before tax5 cr5 cr6 cr
Tax1 cr1 cr1 cr
Net profit (owners' share)4 cr4 cr5 cr
Net margin (owners' share, on revenue)2.8%3.0%3.4%
EPS (₹)2.895.256.13
YoY (latest quarter): total income +6.8% · net profit +30.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹83 cr
Shareholder equity
₹66 cr
parent shareholders
Total debt
₹1 cr
Cash
₹9.4 L
Corporate actions
ActionDetailEx-date
Stock splitFACE VALUE SPLIT (SUB-DIVISION) - FROM RS10/- PER SHARE TO RS 2/- PER SHARE24 Jul 2026
Who owns it · 2026-09-30
No pledge
Promoter
73.2%
FII / Foreign
—
DII / Domestic
0.1%
Retail / others
26.7%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
65,000 votes for, 0 against
2
To appoint a Director in place of Mr. Gaurav Gupta (DIN: 00593822), who retires by rotation and being eligible offers, himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
65,000 votes for, 0 against
3
To ratify the remuneration of the E B & Associates (FRN: 007635); Cost Auditor of the Company for the financial year ended, 31st March, 2027 (Financial Year 2026-2027).
Backed by 100% of shareholders other than promotersneeded 50%
65,000 votes for, 0 against
4
To consider and approve the Continuation of Mr. Raj Kumar Dewan (DIN: 02663208) as a Non- Executive Independent Director of the Company upon attaining the age of Seventy Five Years.
Backed by 100% of shareholders other than promotersneeded 75%
65,000 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 73.2% between them · as of 2026-09-30
RAJ KUMAR GUPTA14.28%
VISHAL GUPTA10.47%
GAURAV GUPTA7.92%
RAJ KUMAR HUF7.84%
DEEPAK KUMAR7.30%
DEEPAK KUMAR HUF6.51%
GAURAV GUPTA HUF5.35%
JYOTI GUPTA3.66%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹28 cr raised in Feb 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Mar 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.