{"id":181265,"date":"2026-02-18T01:53:10","date_gmt":"2026-02-18T06:53:10","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=181265"},"modified":"2026-02-18T01:53:10","modified_gmt":"2026-02-18T06:53:10","slug":"rathi-steel-and-power-reports-higher-quarterly-income-and-profit-for-q3-fy26","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-reports-higher-quarterly-income-and-profit-for-q3-fy26\/","title":{"rendered":"Rathi Steel And Power reports higher quarterly income and profit for Q3 FY26"},"content":{"rendered":"\n<p><strong>Rathi Steel And Power Ltd (BSE: 504903)<\/strong> shares ended lower on Wednesday, following the disclosure of its third-quarter financial results. The stock closed at <strong>22.15<\/strong>, a decline of <strong>0.09%<\/strong> from the previous session&#8217;s close.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market Capitalization<\/strong><\/h2>\n\n\n\n<p>The market capitalization of Rathi Steel And Power Ltd stood at <strong>INR 191.29 crore<\/strong> ($23.05 million) as of the market close on February 18, 2026.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Latest Quarterly Results<\/strong><\/h2>\n\n\n\n<p>For the quarter ended December 31, 2025 (Q3 FY26), Rathi Steel And Power reported the following standalone financial results:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Total Income:<\/strong> INR 160.09 crore, an increase of 50.97% compared to INR 106.04 crore in the same period last year.<\/li>\n\n\n\n<li><strong>Net Profit (PAT):<\/strong> INR 1.91 crore, representing a 262.33% increase from INR 0.53 crore in the year-ago quarter.<\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> INR 6.41 crore, up 38.17% year-over-year.<\/li>\n\n\n\n<li><strong>EBITDA Margin:<\/strong> 4.01% compared to 4.44% in the corresponding quarter.<\/li>\n\n\n\n<li><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"374\" src=\"\" alt=\"Description: C:\\Users\\ambrose\\Downloads\\Code_Generated_Image (2).png\"><\/li>\n\n\n\n<li><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"374\" src=\"\" alt=\"Description: C:\\Users\\ambrose\\Downloads\\Code_Generated_Image (3).png\"><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-2-4.png\" alt=\"\" class=\"wp-image-181267\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-2-4.png 1000w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-2-4-300x180.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-2-4-768x461.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-3-3.png\" alt=\"\" class=\"wp-image-181268\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-3-3.png 1000w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-3-3-300x180.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-3-3-768x461.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nine-Month Overview<\/strong><\/h2>\n\n\n\n<p>For the nine-month period ending December 31, 2025 (9M FY26), the company reported:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Total Income:<\/strong> INR 471.93 crore, compared to INR 355.70 crore in 9M FY25.<\/li>\n\n\n\n<li><strong>Directional Trend:<\/strong> Revenue and operational earnings maintained an upward trajectory during the period.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q&amp;A Session Focal Points<\/strong><\/h2>\n\n\n\n<p>During the discussions following the results announcement, corporate participants, including <strong>Mr. Mahesh Pareek<\/strong>, Managing Director, addressed the following points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Capacity Utilization:<\/strong> Management noted that improving utilization levels across the Ghaziabad unit contributed to the volume growth.<\/li>\n\n\n\n<li><strong>Product Mix:<\/strong> In response to queries regarding margins, the company stated that the strategic mix of Stainless Steel and TMT Rebars helped mitigate raw material price volatility.<\/li>\n\n\n\n<li><strong>Monthly Performance:<\/strong> Management highlighted that the company achieved its highest-ever monthly sales of approximately INR 77.45 crore from the Ghaziabad unit in January 2026.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business &amp; Operations Update<\/strong><\/h2>\n\n\n\n<p>Rathi Steel And Power reported a significant ramp-up in production volumes at its Ghaziabad facility. The company also confirmed receipt of Income Tax assessment orders for previous assessment years totaling INR 38.69 lakhs; however, the company stated it intends to contest these demands and expects no material financial impact.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cash and Debt Position<\/h3>\n\n\n\n<p>As of the end of Q3 FY26, Rathi Steel And Power reported a <strong>Total Debt<\/strong> of approximately <strong>INR 36.64 crore<\/strong>. The company\u2019s <strong>Debt-to-Equity ratio<\/strong> was maintained at <strong>0.29x<\/strong>, reflecting a stable capital structure following previous debt restructuring and asset disposals. Finance costs for the quarter were recorded at <strong>INR 1.88 crore<\/strong>, compared to INR 1.71 crore in the year-ago period. The company held <strong>Cash and Short-term Investments<\/strong> of approximately <strong>INR 1.16 crore<\/strong> at the close of the period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>M&amp;A or Strategic Moves<\/strong><\/h2>\n\n\n\n<p>Management reiterated that the focus remains on &#8220;sweating&#8221; existing assets following the prior disposal of the Orissa unit.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Guidance &amp; Outlook<\/strong><\/h2>\n\n\n\n<p>The company did not issue specific numerical guidance but identified key factors to watch:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sustainability of demand in infrastructure and real estate segments.<\/li>\n\n\n\n<li>Ongoing momentum in monthly sales volume at the Ghaziabad unit.<\/li>\n\n\n\n<li>Asset optimization and operational efficiency improvements.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Performance Summary<\/strong> <\/h2>\n\n\n\n<p>Rathi Steel And Power stock closed at <strong>22.15<\/strong>, down <strong>0.09%<\/strong>. The company reported a <strong>50.97%<\/strong> increase in Q3 income and a <strong>262.33%<\/strong> surge in net profit. Operations remain focused on the single steel segment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rathi Steel And Power Ltd (BSE: 504903) shares ended lower on Wednesday, following the disclosure of its third-quarter financial results. The stock closed at 22.15, a decline of 0.09% from the previous session&#8217;s close. Market Capitalization The market capitalization of Rathi Steel And Power Ltd stood at INR 191.29 crore ($23.05 million) as of the [&hellip;]<\/p>\n","protected":false},"author":2392,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941,392,5753],"tags":[16642,10169,14492],"class_list":["post-181265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-earnings","category-industrials","tag-16642","tag-earnings","tag-financial-results"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":173180,"url":"https:\/\/alphastreet.com\/india\/anand-rathi-q3-fy26-earnings-results\/","url_meta":{"origin":181265,"position":0},"title":"Anand Rathi Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 20, 2026","format":false,"excerpt":"Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q3 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/an.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171470,"url":"https:\/\/alphastreet.com\/india\/anand-rathi-wealth-q2-fy26-earnings-analysis\/","url_meta":{"origin":181265,"position":1},"title":"Anand Rathi Wealth Q2 FY26 Earnings Analysis","author":"Divyansh_Kasana","date":"October 13, 2025","format":false,"excerpt":"Company Overview: Anand Rathi Wealth Ltd, incorporated in 1995, is a leading non-bank wealth solutions firm in India and a top-ranked AMFI registered mutual fund distributor. The company offers a diverse portfolio of wealth management, financial product distribution, and technology solutions to its clients. Presenting below its Q2 FY26 Earnings\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"ANANDRATHI Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ANANDR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":175630,"url":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-ltd-504903-q2-2025-earnings-call-transcript\/","url_meta":{"origin":181265,"position":2},"title":"Rathi Steel And Power Ltd (504903) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Rathi Steel And Power Ltd (BSE: 504903) Q2 2025 Earnings Call dated Nov. 18, 2024 Corporate Participants: Udit Rathi \u2014 Promoter Rajesh Jain \u2014 President, Finance & Corporate Affairs Analysts: Pradeep Rawat \u2014 Analyst Akash Sharma \u2014 Analyst Nishant Gupta \u2014 Analyst Rakesh Roy \u2014 Analyst Nikita Mehta \u2014 Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":175629,"url":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-ltd-504903-q3-2025-earnings-call-transcript\/","url_meta":{"origin":181265,"position":3},"title":"Rathi Steel And Power Ltd (504903) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Rathi Steel And Power Ltd (BSE: 504903) Q3 2025 Earnings Call dated Feb. 19, 2025 Corporate Participants: Udit Rathi \u2014 Promoter Shyam S Bageshara \u2014 Vice President, Accounts and Taxation Analysts: Gauri Sahu \u2014 Analyst Ojas Sawant \u2014 Analyst Rikin Shah \u2014 Analyst Rakesh Roy \u2014 Analyst Namit Arora \u2014\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177084,"url":"https:\/\/alphastreet.com\/india\/epack-durable-ltd-shares-slip-after-q3-fy26-earnings-release\/","url_meta":{"origin":181265,"position":4},"title":"Epack Durable Ltd Shares Slip After Q3 FY26 Earnings Release","author":"Staff Correspondent","date":"January 21, 2026","format":false,"excerpt":"Epack Durable Ltd (NSE: EPACK, BSE: 544095) shares closed at around \u20b9260.8 on Wednesday, down approximately 2.4% from the prior session\u2019s close, following the company\u2019s announcement of its third quarter fiscal 2026 results. Market Capitalization At the close of trading, the company\u2019s market capitalization stood at approximately \u20b92,500 crore. Latest\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":175628,"url":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-ltd-504903-q4-2025-earnings-call-transcript\/","url_meta":{"origin":181265,"position":5},"title":"Rathi Steel And Power Ltd (504903) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Rathi Steel And Power Ltd (BSE: 504903) Q4 2025 Earnings Call dated Jun. 02, 2025 Corporate Participants: Unidentified Speaker Udit Rathi \u2014 Chief Strategy Officer Rajesh Jain \u2014 President Analysts: Unidentified Participant Mehul Panjwani \u2014 Analyst Rakesh Roy \u2014 Analyst Prakash Sharma \u2014 Analyst Sagar Shah \u2014 Analyst Presentation: operator\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2392"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=181265"}],"version-history":[{"count":2,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181265\/revisions"}],"predecessor-version":[{"id":181269,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181265\/revisions\/181269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=181265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=181265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=181265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}