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RMG Alloy Steel Limited (500365) Fair Value & Analysis

Other · IN · Market cap ₹4.6B

RA RMG Alloy Steel Limited 500365 · BSE
Price₹52.99
Fair Value₹44.08
Upside-16.8%
Quality56/100
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Evidence: High Range ₹37.01 – ₹55.11

Fair value as of: Jul 4, 2026

From 23 valuation models · updated today

Share price +18.9% over the past month.

Price vs Fair Value (12 months)

₹60.41 ₹30.50 Fair Value ₹44.08 Jul 2025 Jul 2026

12‑month range ₹30.50 – ₹60.41 · fair‑value band ₹37.01 – ₹55.11 · the ₹52.99 price screens above the ₹44.08 fair value. As of Jul 4, 2026.

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Analysis

RMG Alloy Steel Limited (500365) currently trades at ₹52.99, while our model-based Fair Value estimate is ₹44.08 — implying the stock looks roughly 16.8% overvalued today. We read business quality at 56/100 (solid quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Net debt stands at ₹238M. Fundamentals as of Jul 4, 2026

Key figures & financial health

Free cash flow ₹672M FY2026
EPS (TTM) ₹-1.96
Net debt ₹238M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

RMG Alloy Steel Limited manufactures and sells steel and steel products in India. The company offers carbon, carbon manganese, plain chrome/chrome manganese, chrome moly, chrome nickel moly, boron, micro alloyed, ball bearing, tool and die, valve, and stainless steel, as well as provides seamless tubes and pipes. Its products are used in auto-manufacturing/auto components, oil and gas, energy, and other engineering applications. The company was formerly known as Remi Metals Gujarat Limited and changed its name to RMG Alloy Steel Limited in April 2013. RMG Alloy Steel Limited was founded in 1960 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

RMG Alloy Steel Limited reported revenue of ₹8.7B in FY2026 versus ₹1.6B in FY2022, a compound +52.0%/yr. Reported net income was ₹227M in FY2026.

Revenue +52.0%/yr
FY22 ₹1.6B
FY23 ₹4.2B
FY24 ₹7.0B
FY25 ₹7.2B
FY26 ₹8.7B
Net income
FY22 −₹324M
FY23 −₹137M
FY24 ₹625M
FY25 −₹40.9M
FY26 ₹227M

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Frequently asked questions

Is RMG Alloy Steel Limited (500365) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹44.08 versus a price of ₹52.99 — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 500365?
Our model-based fair value for RMG Alloy Steel Limited is ₹44.08 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹52.99.
What is the quality score of 500365?
RMG Alloy Steel Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of 500365?
The net profit margin of RMG Alloy Steel Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.