P S Raj Steels Limited Reports 30.51% Surge in Net Profit for H2FY26

P S Raj Steels Limited Reports 30.51% Surge in Net Profit for H2FY26​

P S Raj Steels Limited, a prominent manufacturer of stainless-steel pipes and tubes, has reported its Audited Standalone Financial Results for the Half Year and Year Ended March 31, 2026. The company recorded a significant 30.51 per cent growth in its net profit for the six-month period (H2FY26), achieving Rs. 4.62 crore compared to Rs. 3.54 crore reported in the second half of FY25.

The company's strong financial performance was attributed primarily to effective cost management and robust demand across key industrial sectors.

Financial Performance Overview​

The company's results show consistent growth across the reporting periods. During H2FY26, EBITDA increased by 18.26 per cent, reaching Rs. 7.06 crore from Rs. 5.97 crore in the same period last year. Operating income grew by 7.29 per cent to Rs. 135.78 crore, while Earnings per Share stood at Rs. 6.13 for H2FY26.

For the full financial year ended March 31, 2026, operating income saw a modest increase of 1.18 per cent, totaling Rs. 265.99 crore (up from Rs. 262.89 crore in FY25). Net profit on a standalone basis increased by 15.79 per cent, amounting to Rs. 8.58 crore from Rs. 7.41 crore in the previous year. Earnings per share for FY26 were Rs. 11.38, compared to Rs. 9.83 in FY25.

The comparative financial data is outlined below:

Drivers Behind Strong Earnings​

P S Raj Steels Limited noted that the substantial improvement in earnings was largely due to its proactive measures in controlling operational expenses. During the review period, the adoption of advanced welding technology helped reduce processing costs and maintained control over store consumption expenses.

Furthermore, the company’s financial stability was bolstered by reductions in both interest expenses and short-term borrowings. The installation of solar panels also contributed positively to the overall improvement in earnings by lowering electricity costs.

Commenting on the performance, Deepak Kumar, Managing Director, P S Raj Steels Limited, stated that the company witnessed "strong traction in our products portfolio," which accelerated both the top line and bottom line. He attributed the overall improvement in earnings to the successful management of costs. Kumar noted that demand for stainless steel pipes and tubes received a significant boost, particularly from the government's focus on infrastructure and manufacturing sectors, alongside sustained demand from the real estate sector. He expressed confidence that the demand would remain strong in the coming year.

P S Raj Steels Limited (PSSR) has been manufacturing stainless-steel pipes and tubes for over two decades. The company operates a state-of-the-art facility with an annual production capacity of 14,800 MT. Its product lines encompass Outer Diameter (OD) pipes, Nominal Bore (NB) pipes, Section pipes, and Slotted pipes, serving diverse industries including railways, furniture, households, gate railing, door frames, rice plants, sugar mills, food processing, and heat exchangers.

PSRAJ Stock Price Movement​

On Monday, shares of P S Raj Steels Limited shed 3.92% to close at ₹392.00, marking a significant retreat from the previous day's closing level. The equity finished the session with a total traded volume of 2,000 shares.