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Rajputana Stainless Limited (RSL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹10.9B

RS Rajputana Stainless Limited RSL · NSE
Price₹129.99
Fair Value₹99.38
Upside-23.5%
Quality55/100
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Evidence: High Range ₹67.30 – ₹143.98

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price +0.8% over the past month.

Price vs Fair Value (3 months)

₹141.61 ₹102.40 Fair Value ₹99.38 Mar 2026 Jul 2026

3‑month range ₹102.40 – ₹141.61 · fair‑value band ₹67.30 – ₹143.98 · the ₹129.99 price screens above the ₹99.38 fair value. As of Jul 3, 2026.

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Analysis

Rajputana Stainless Limited (RSL) currently trades at ₹129.99, while our model-based Fair Value estimate is ₹99.38 — implying the stock looks roughly 23.5% overvalued today. We read business quality at 55/100 (solid quality), in the Basic Materials 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).

Over the trailing twelve months, Rajputana Stainless Limited generated revenue of ₹10.1B at a net margin of 5.0%. Revenue grew 2.8% year over year. It earns a return on equity of 19.3%. Net debt stands at ₹997M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹10.1B
Revenue growth (YoY) +2.8%
Net margin 5.0%
Return on equity 19.3%
Free cash flow ₹191M FY2026
P/E ratio 18.1
More key figures
Operating margin 8.3%
EPS (TTM) ₹7.17
EPS growth (YoY) +56.7%
Net debt ₹997M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Rajputana Stainless Limited manufactures and markets long and flat stainless-steel products under the RSL brand name in India. The company offers billets, forging ingots, rolled black bars, rolled bright bars, flat and patti bars, square bars, hexagonal bars, wire rods, flat bars, round corner squares, and other ancillary products. Its products serve as a raw material for bar processing, seamless pipes, forging, wire manufacturing engineering, casting, fasteners, utensils manufacturing, pump and shaft, and auto industries. The company offers its products through direct sales and traders' network in the United Arab Emirates, the United States, Portugal, South Africa, Czech Republic, Turkey, Kuwait, and Poland. Rajputana Stainless Limited was incorporated in 1991 and is headquartered in Kalol, India.

Revenue & earnings trend

FY2023 – FY2026 · reported fiscal years

Rajputana Stainless Limited reported revenue of ₹10.1B in FY2026 versus ₹9.5B in FY2023, a compound +2.1%/yr. Reported net income was ₹498M in FY2026, compounding +27.5%/yr from FY2023.

Revenue +2.1%/yr
FY23 ₹9.5B
FY24 ₹9.1B
FY25 ₹9.3B
FY26 ₹10.1B
Net income +27.5%/yr
FY23 ₹240M
FY24 ₹316M
FY25 ₹399M
FY26 ₹498M

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2140 $0.2500 +17%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is Rajputana Stainless Limited (RSL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹99.38 versus a price of ₹129.99 — about −24% (overvalued). Model-based estimate, not financial advice.
What is the fair value of RSL?
Our model-based fair value for Rajputana Stainless Limited is ₹99.38 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹129.99.
What is the quality score of RSL?
Rajputana Stainless Limited has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Rajputana Stainless Limited (RSL)?
Rajputana Stainless Limited reported trailing-twelve-month revenue of about ₹10.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of RSL?
The net profit margin of Rajputana Stainless Limited is about 5.0%, meaning it keeps roughly 5.0% 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.