What Rathi Steel promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 12 tracked 2 delivered 1 missed 9 open

Cost of Debt delivered said Q3 FY25 Promised: Refinance high-cost 18% working capital loan in the coming financial year (FY26) Q1 FY27: Promise achieved in prior quarter. Management is now looking to refinance the current 16% loan.
Product Launch (SS Rebars 8-32mm) went quiet said Q3 FY25 Promised: Launch full range of stainless steel rebars in Q1 FY26 Q1 FY27: No mention of the specific SS rebar launch. Stainless steel volumes were reported as softer, but this specific product was not discussed.
Steel Melting Shop Utilization at risk said Q4 FY25 Promised: Ramp up capacity utilization from 60% to 80% Q1 FY27: No current utilization number provided. Management stated they will look to expand capacity once utilization reaches 70-75%, but did not update on progress towards the 80% target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 12 tracked commitments for Rathi Steel — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens