Rathi Steel and Power Limited has begun calendar year 2026 on a strong note by achieving its highest-ever monthly sales of ₹77.45 crore from its Ghaziabad unit. The milestone reflects robust demand from infrastructure, real estate, and manufacturing sectors amid sustained construction activity in India.
Author: Aditya Pareek | EQMint
Rathi Steel and Power Limited has announced its highest-ever monthly sales from its Ghaziabad manufacturing unit, marking a significant operational milestone at the start of calendar year 2026. According to a press release submitted to the stock exchanges under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company recorded standalone sales of approximately ₹77.45 crore in January 2026.
This performance represents the best monthly sales figure achieved by the Ghaziabad unit since inception and underscores the company’s improving capacity utilisation and strong market demand for steel products.
Strong Start to 2026 Driven by Core Sectors
The record sales performance was supported by robust demand across key end-user segments, including:
- Infrastructure development
- Real estate and housing
- Manufacturing and general engineering
According to the press release, sustained momentum in government-led infrastructure spending, steady recovery in construction activity, and improving private capital expenditure sentiment have collectively contributed to higher steel consumption in India.
Industry trends indicate that domestic steel demand remains resilient, backed by:
- Rapid urbanisation
- Growing housing requirements
- Ongoing infrastructure expansion
These factors continue to position the Indian steel sector for steady medium-term growth.
Focus on Ghaziabad Unit Performance
The reported sales of ₹77.45 crore relate exclusively to the Ghaziabad unit on a standalone basis, with earlier sales from the company’s Odisha unit—since divested—not included in the comparison. This highlights the operational strength and scalability of the Ghaziabad facility, which has emerged as a key growth driver for the company.
Management Commentary
Commenting on the achievement, Mahesh Pareek, Managing Director of Rathi Steel and Power Limited, said the company was pleased to begin 2026 on a positive note by delivering its highest-ever monthly sales.
He attributed the performance to the company’s persistent efforts in ramping up production volumes and improving operational efficiency. Pareek further stated that the company would continue to “sweat its assets,” focus on performance enhancement, and maintain a strong emphasis on delivering premium-quality steel products to customers.
He also acknowledged the contribution of employees and stakeholders, thanking them for their continued commitment and support.
About Rathi Steel and Power Limited
Established in 1971, Rathi Steel and Power Limited (RSPL) is a leading manufacturer of stainless steel and mild steel products, operating out of Ghaziabad, Uttar Pradesh. The company carries forward the well-known Rathi legacy, built over more than five decades of trust, innovation, and quality in steel manufacturing.
RSPL operates a modern integrated manufacturing facility spread across approximately 12.5 acres in the National Capital Region (NCR).
Installed Capacities
- Steel melting capacity: ~85,000 tonnes per annum
- Rolling capacity: ~2,00,000 tonnes per annum
The company’s diverse product portfolio includes:
- Stainless steel billets
- Stainless steel wire rods
- TMT bars
Notably, RSPL is India’s only stainless steel wire rod manufacturer using direct billet charging technology, a process that ensures higher energy efficiency and lower carbon emissions, aligning with sustainability goals.
Strong Retail Presence and Infrastructure Footprint
Rathi Steel and Power Limited has built a strong retail distribution network, with dealer outlets spread across several northern states. Its Rathi-branded steel products have been utilised in multiple marquee infrastructure and construction projects, reinforcing the brand’s reputation for reliability and quality.
Financial Performance and Balance Sheet Strength
The company has maintained a robust financial position, supported by:
- Minimal debt levels
- Cost efficiency initiatives
- Ongoing technology upgrades
- Integration of renewable energy through open-access power purchase
For FY25, RSPL reported:
- Revenue: ₹505.43 crore
- EBITDA: ₹24.31 crore
- Profit after tax: ₹13.95 crore
These numbers reflect steady operational performance and disciplined financial management.
Strategic Focus on Green Steel
Looking ahead, Rathi Steel and Power Limited is aggressively expanding its portfolio of recycled and green steel products to cater to rising demand from the real estate and infrastructure sectors. The company’s focus on sustainability, energy efficiency, and lower carbon emissions positions it well in an environment where environmentally responsible manufacturing is gaining increasing importance.
Industry Outlook
With continued public infrastructure investment, urban housing demand, and gradual recovery in private capex, the outlook for steel consumption in India remains constructive. Companies with modern facilities, efficient processes, and strong balance sheets, such as Rathi Steel and Power Limited, are well placed to benefit from these structural tailwinds.
Conclusion
Rathi Steel and Power Limited’s achievement of record monthly sales of ₹77.45 crore from its Ghaziabad unit marks a significant milestone and sets a positive tone for calendar year 2026. Driven by strong sectoral demand, operational efficiency, and a focus on quality and sustainability, the company continues to strengthen its position in India’s steel manufacturing landscape.
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Source link: BSE
Disclaimer: This article is based on information disclosed by the company in regulatory filings and press releases and is intended for informational purposes only. Certain statements may be forward-looking in nature and subject to risks and uncertainties. This content does not constitute investment advice. Readers are advised to consult certified financial or investment professionals before making any decisions.
