Reported Earnings • May 30
Full year 2026 earnings released: ₹7.06 loss per share (vs ₹1.57 profit in FY 2025) Full year 2026 results: ₹7.06 loss per share (down from ₹1.57 profit in FY 2025). Revenue: ₹3.70b (down 26% from FY 2025). Net loss: ₹115.2m (down ₹140.9m from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • May 22
Rathi Bars Limited to Report Q4, 2026 Results on May 28, 2026 Rathi Bars Limited announced that they will report Q4, 2026 results on May 28, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹23.70, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 4.7% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹27.64, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 13% over the past three years. Reported Earnings • Jan 22
Third quarter 2026 earnings released: EPS: ₹0.43 (vs ₹0.54 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.43 (down from ₹0.54 in 3Q 2025). Revenue: ₹906.2m (down 18% from 3Q 2025). Net income: ₹7.03m (down 21% from 3Q 2025). Profit margin: 0.8% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Market cap is less than US$10m (₹458.6m market cap, or US$5.08m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹28.08, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 13% over the past three years. Aankondiging • Jan 12
Rathi Bars Limited to Report Q3, 2026 Results on Jan 21, 2026 Rathi Bars Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 21, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.59 (vs ₹0.37 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.59 (up from ₹0.37 in 2Q 2025). Revenue: ₹1.26b (up 26% from 2Q 2025). Net income: ₹9.70m (up 62% from 2Q 2025). Profit margin: 0.8% (up from 0.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Aankondiging • Nov 05
Rathi Bars Limited to Report Q2, 2026 Results on Nov 12, 2025 Rathi Bars Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Aankondiging • Aug 25
Rathi Bars Limited, Annual General Meeting, Sep 16, 2025 Rathi Bars Limited, Annual General Meeting, Sep 16, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.52 (vs ₹0.59 in 1Q 2025) First quarter 2026 results: EPS: ₹0.52 (down from ₹0.59 in 1Q 2025). Revenue: ₹1.33b (down 9.8% from 1Q 2025). Net income: ₹8.42m (down 13% from 1Q 2025). Profit margin: 0.6% (down from 0.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Aankondiging • Aug 04
Rathi Bars Limited to Report Q1, 2026 Results on Aug 12, 2025 Rathi Bars Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Aankondiging • May 20
Rathi Bars Limited to Report Q4, 2025 Results on May 29, 2025 Rathi Bars Limited announced that they will report Q4, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹35.78, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 17% over the past three years. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.54 (vs ₹0.51 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.54 (up from ₹0.51 in 3Q 2024). Revenue: ₹1.11b (down 18% from 3Q 2024). Net income: ₹8.86m (up 6.5% from 3Q 2024). Profit margin: 0.8% (up from 0.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Aankondiging • Feb 11
Rathi Bars Limited Appoints Bharti Chitkara as Company Secretary & Compliance Officer Rathi Bars Limited announced the appointment of Mrs. Bharti Chitkara as Company Secretary & Compliance Officer. Date of Appointment is February 11, 2025. She is an associate member of The Institute of Company
Secretaries of India. She has knowledge and experience in corporate legal & secretarial services. Aankondiging • Feb 04
Rathi Bars Limited to Report Q3, 2025 Results on Feb 11, 2025 Rathi Bars Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Aankondiging • Dec 09
Rathi Bars Limited Announces Resignation of Anamika Shukla as Company Secretary Rathi Bars Limited announced resignation of Ms. Anamika Shukla as Company Secretary with effect from December 09, 2024. Due to personal & unavoidable circumstances. There is no other material reason except as stated herein. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹48.28, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 81% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.37 (vs ₹0.61 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.37 (down from ₹0.61 in 2Q 2024). Revenue: ₹999.4m (down 42% from 2Q 2024). Net income: ₹5.98m (down 40% from 2Q 2024). Profit margin: 0.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 09
Rathi Bars Limited to Report Q2, 2025 Results on Nov 14, 2024 Rathi Bars Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Buy Or Sell Opportunity • Oct 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.4% to ₹46.25. The fair value is estimated to be ₹60.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.0%. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹54.17, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 92% over the past three years. Buy Or Sell Opportunity • Sep 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.5% to ₹47.28. The fair value is estimated to be ₹60.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.0%. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹53.11, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 100% over the past three years. Aankondiging • Aug 30
Rathi Bars Limited, Annual General Meeting, Sep 24, 2024 Rathi Bars Limited, Annual General Meeting, Sep 24, 2024, at 10:00 Indian Standard Time. Buy Or Sell Opportunity • Aug 22
Now 20% undervalued Over the last 90 days, the stock has risen 21% to ₹47.38. The fair value is estimated to be ₹59.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.0%. New Risk • Aug 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹807.7m market cap, or US$9.63m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹0.59 (vs ₹0.60 in 1Q 2024) First quarter 2025 results: EPS: ₹0.59 (down from ₹0.60 in 1Q 2024). Revenue: ₹1.48b (down 13% from 1Q 2024). Net income: ₹9.67m (down 2.0% from 1Q 2024). Profit margin: 0.7% (up from 0.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 05
Rathi Bars Limited to Report Q1, 2025 Results on Aug 12, 2024 Rathi Bars Limited announced that they will report Q1, 2025 results on Aug 12, 2024 New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹851.1m market cap, or US$10.2m). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹43.88, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 60% over the past three years. Buy Or Sell Opportunity • May 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₹37.96. The fair value is estimated to be ₹47.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 3.4%. Aankondiging • May 23
Rathi Bars Limited to Report Q4, 2024 Results on May 30, 2024 Rathi Bars Limited announced that they will report Q4, 2024 results on May 30, 2024 Buy Or Sell Opportunity • Apr 15
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₹37.74. The fair value is estimated to be ₹47.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 3.4%. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹40.45, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 125% over the past three years. Buy Or Sell Opportunity • Mar 20
Now 21% undervalued Over the last 90 days, the stock has risen 37% to ₹38.55. The fair value is estimated to be ₹49.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 3.4%. Buy Or Sell Opportunity • Mar 06
Now 22% undervalued Over the last 90 days, the stock has risen 40% to ₹39.22. The fair value is estimated to be ₹50.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 3.4%. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.51 (vs ₹0.41 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.51 (up from ₹0.41 in 3Q 2023). Revenue: ₹1.35b (up 82% from 3Q 2023). Net income: ₹8.32m (up 25% from 3Q 2023). Profit margin: 0.6% (down from 0.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 06
Rathi Bars Limited to Report Q3, 2024 Results on Feb 12, 2024 Rathi Bars Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹51.25, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 179% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹38.12, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹34.09, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 135% over the past three years. New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (₹462.5m market cap, or US$5.55m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹0.61 (vs ₹0.47 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.61 (up from ₹0.47 in 2Q 2023). Revenue: ₹1.72b (up 114% from 2Q 2023). Net income: ₹9.96m (up 30% from 2Q 2023). Profit margin: 0.6% (down from 0.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹29.82, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 180% over the past three years. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹0.60 (vs ₹0.59 in 1Q 2023) First quarter 2024 results: EPS: ₹0.60 (up from ₹0.59 in 1Q 2023). Revenue: ₹1.70b (up 32% from 1Q 2023). Net income: ₹9.86m (up 1.7% from 1Q 2023). Profit margin: 0.6% (down from 0.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 04
Rathi Bars Limited to Report Q1, 2024 Results on Aug 09, 2023 Rathi Bars Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Aankondiging • Jul 12
Rathi Bars Limited, Annual General Meeting, Aug 04, 2023 Rathi Bars Limited, Annual General Meeting, Aug 04, 2023, at 10:00 Indian Standard Time. Location: A-24/8, Mohan Co-Operative Industrial Estate, Mathura Road, New Delhi-110044 New Delhi India Agenda: To consider adoption of audited standalone financial statements; to consider appointment of a directors; to consider appointment of the statutory auditors; to consider the material related party transactions; to consider ratification of remuneration of cost auditors; and to consider such other business matters. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹1.58 (vs ₹1.75 in FY 2022) Full year 2023 results: EPS: ₹1.58 (down from ₹1.75 in FY 2022). Revenue: ₹4.83b (down 2.3% from FY 2022). Net income: ₹25.8m (down 9.4% from FY 2022). Profit margin: 0.5% (down from 0.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 25
Rathi Bars Limited to Report Q4, 2023 Results on May 30, 2023 Rathi Bars Limited announced that they will report Q4, 2023 results on May 30, 2023 Aankondiging • May 09
Rathi Bars Limited Appoints Rajendra Prasad as Independent Non-Executive Director The Board of Directors of Rathi Bars Limited has appointed Mr. Rajendra Prasad as the Independent Non-Executive Directors on the Board with effect from May 08, 2023. Date of appointment & term of appointment: May 08, 2023, Appointed as an Independent Non-Executive Director (as an Additional Director) on the Board for an initial period of 5 years. Mr. Rajendra Prasad has a rich experience of more than 25 years in the field of consultancy in steel and iron industry. Mr. Rajendra Prasad has a Bachelor of Arts degree from University of Rajasthan. The Board of Directors of the Company is of the opinion that it will be beneficial to the Company to appoint him as an Independent Director. Board Change • Feb 15
High number of new directors Independent Non-Executive Director Sampat Lal was the last director to join the board, commencing their role in 2021. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.41 (vs ₹0.45 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.41 (down from ₹0.45 in 3Q 2022). Revenue: ₹739.2m (down 34% from 3Q 2022). Net income: ₹6.68m (down 8.3% from 3Q 2022). Profit margin: 0.9% (up from 0.6% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 14
Rathi Bars Limited Announces Resignation of Sampat Lal as Independent Director Rathi Bars Limited announced resignation of Mr. Sampat Lal as Independent Director. Due to pre-occupancy in other important tasks. There is no other material reason except as stated herein. Date of Resignation: 9 February 2023. Aankondiging • Feb 07
Rathi Bars Limited to Report Q3, 2023 Results on Feb 13, 2023 Rathi Bars Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Aankondiging • Jan 27
Rathi Bars Limited Appoints Anamika Shukla as Company Secretary/Compliance Officer Rathi Bars Limited announced that Ms. Anamika Shukla, Member of the Institute of Company Secretaries of India has been appointed as Company Secretary/Compliance Officer of the Company with effect from 27 January, 2023. She is an associate member of The Institute of Company Secretaries of India. She has knowledge and experience in corporate legal & secretarial services. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: ₹0.47 (vs ₹0.65 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.47 (down from ₹0.65 in 2Q 2022). Revenue: ₹807.7m (down 42% from 2Q 2022). Net income: ₹7.64m (down 28% from 2Q 2022). Profit margin: 0.9% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 08
Rathi Bars Limited to Report Q2, 2023 Results on Nov 14, 2022 Rathi Bars Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Aankondiging • Oct 22
Divyani Patil Resigns as Company Secretary and Compliance Officer of Rathi Bars Limited Rathi Bars Limited announced that Ms. Divyani Patil, Company Secretary of the Company has tendered her resignation from the post of Company Secretary and Key Managerial Personnel of the Company with effect from,close of working hours on October 20, 2022. Consequent to her resignation, Ms. Divyani Patil also ceases to be Compliance Officer of the Rathi Bars Limited. Aankondiging • Sep 07
Rathi Bars Limited, Annual General Meeting, Sep 29, 2022 Rathi Bars Limited, Annual General Meeting, Sep 29, 2022, at 10:00 Indian Standard Time. Location: A-24/8, Mohan Co-Operative Industrial Estate, Mathura Road New Delhi India Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2022 together with the Reports of the Board of Directors and Auditors thereon; to appoint a Director in the place of Mr. Anurag Rathi, Managing Director, who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment; and to consider any other matter thereof. Reported Earnings • Aug 19
First quarter 2023 earnings released: EPS: ₹0.59 (vs ₹0.27 in 1Q 2022) First quarter 2023 results: EPS: ₹0.59 (up from ₹0.27 in 1Q 2022). Revenue: ₹1.29b (up 24% from 1Q 2022). Net income: ₹9.70m (up 119% from 1Q 2022). Profit margin: 0.8% (up from 0.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 07
Rathi Bars Limited to Report Q1, 2023 Results on Aug 13, 2022 Rathi Bars Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Aankondiging • Aug 05
Rathi Bars Limited Announces Resignation of Satinder Singh as Company Secretary and Compliance Officer Rathi Bars Limited announced that Mr. Satinder Singh, Company Secretary of the company has tendered his resignation from the post of Company Secretary and Key Managerial Personnel of the Company, due to my personal reason. The company has accepted his resignation and he shall cease to be the Company Secretary with effect from August 04, 2022. Consequent to his resignation, Mr. Satinder Singh also ceases to be Compliance Officer of the Company. Reported Earnings • Jun 04
Full year 2022 earnings released: EPS: ₹1.75 (vs ₹1.42 in FY 2021) Full year 2022 results: EPS: ₹1.75 (up from ₹1.42 in FY 2021). Revenue: ₹4.94b (up 52% from FY 2021). Net income: ₹28.5m (up 24% from FY 2021). Profit margin: 0.6% (down from 0.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 25
Rathi Bars Limited to Report Q4, 2022 Results on May 30, 2022 Rathi Bars Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹27.70, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 98% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.45 (down from ₹0.70 in 3Q 2021). Revenue: ₹1.13b (up 33% from 3Q 2021). Net income: ₹7.29m (down 37% from 3Q 2021). Profit margin: 0.6% (down from 1.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 08
Rathi Bars Limited to Report Q3, 2022 Results on Feb 14, 2022 Rathi Bars Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹0.65 (vs ₹0.69 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹1.40b (up 49% from 2Q 2021). Net income: ₹10.5m (down 6.9% from 2Q 2021). Profit margin: 0.8% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 23% share price gain to ₹34.80, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 115% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 24% share price gain to ₹32.00, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 84% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.27 (vs ₹0.08 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.04b (up 142% from 1Q 2021). Net income: ₹4.42m (up 223% from 1Q 2021). Profit margin: 0.4% (up from 0.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹30.25, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹1.42 (vs ₹1.67 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹3.24b (down 16% from FY 2020). Net income: ₹23.1m (down 15% from FY 2020). Profit margin: 0.7% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 20% share price gain to ₹24.95, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 7.3% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹18.95, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total loss to shareholders of 24% over the past three years. Executive Departure • Mar 10
Independent Director has left the company On the 1st of March, Binod Maheshwari's tenure as Independent Director ended after 14.1 years in the role. We don't have any record of a personal shareholding under Binod's name. A total of 4 executives have left over the last 12 months. Aankondiging • Mar 10
Rathi Bars Limited Announces Resignation of Binod Maheshwari as Director Rathi Bars Limited announced resignation of Binod Maheshwari as director with effect from March 01, 2021. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 19% share price gain to ₹21.00, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 13x. This compares to an average P/E of 16x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 37%. Aankondiging • Feb 06
Rathi Bars Limited to Report Q3, 2021 Results on Feb 13, 2021 Rathi Bars Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Executive Departure • Feb 03
Independent Director has left the company On the 21st of January, Ashok Garg's tenure as Independent Director ended after 14.0 years in the role. We don't have any record of a personal shareholding under Ashok's name. A total of 3 executives have left over the last 12 months. Aankondiging • Jan 29
Rathi Bars Limited Announces Resignation of Ashok Kumar Garg as Independent Director of the Company Rathi Bars Limited announced that, Ashok Kumar Garg, Independent Director of the company, resigned from the office of Director with effect from January 21, 2021. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹20.78, the stock is trading at a trailing P/E ratio of 15.3x, down from the previous P/E ratio of 18.4x. This compares to an average P/E of 17x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 45%. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹17.32, the stock is trading at a trailing P/E ratio of 12.8x, up from the previous P/E ratio of 10.9x. This compares to an average P/E of 16x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 37%. Is New 90 Day High Low • Jan 01
New 90-day high: ₹17.32 The company is up 63% from its price of ₹10.60 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 36% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₹15.28 The company is up 38% from its price of ₹11.05 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₹15.28, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 24%. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 15% share price gain to ₹13.63, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 35%. Is New 90 Day High Low • Nov 29
New 90-day high: ₹11.65 The company is up 4.0% from its price of ₹11.18 on 31 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. Aankondiging • Nov 07
Rathi Bars Limited to Report Q2, 2021 Results on Nov 13, 2020 Rathi Bars Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Aankondiging • Sep 09
Rathi Bars Limited to Report Q1, 2021 Results on Sep 15, 2020 Rathi Bars Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Aankondiging • Jul 26
Rathi Bars Limited to Report Q4, 2020 Results on Jul 31, 2020 Rathi Bars Limited announced that they will report Q4, 2020 results on Jul 31, 2020