539226
Rudra Global financials
- Market cap
- ₹198 Cr
- Sector
- Capital Goods
What Rudra Global does
Rudra Global Infra Products Ltd runs an integrated steel operation in Bhavnagar, Gujarat, melting scrap into MS billets in its Steel Melting Shop and hot-rolling them into TMT rebars under the flagship RUDRA TMX brand, plus two regional brands (JB 550 TMX, Tridev TMT), sold through a Gujarat dealer network. Group company Rudra Green Ship Recycling dismantles and recycles ships at Alang, supplying recyclable scrap as an input to the steel business. The group also runs Rudra Infra Mart retail outlets selling TMT bars, pipes, structural steel and other building materials, and has floated Rudra Aerospace & Defence to enter investment/precision casting for aerospace, defence and automotive components.
Segments
- Steel (billets & TMT bars)
- Ship recycling
- Infra retail
- Investment casting (aerospace & defence)
- Steel Melting Shop installed capacity
- 2.4 lakh tonnes/annum
- Rolling Mill installed capacity (TMT bars)
- 2.4 lakh tonnes/annum
- Dealer network (TMT bars, Gujarat)
- 400+
- Ship recycling capacity (Rudra Green Ship Recycling, Alang)
- 75,000 MT/annum
- Ships recycled to date
- 80+ ships, ~8 lakh MT (since 1996)
- Captive wind power capacity
- 4.75 MW (3 windmills)
Quarterly results
Q1 FY27: revenue up 6.7%, net profit down 7.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 117 | 148 | 167 | 150 | 136 +17% | 159 +7% | 178 +7% | 160 +7% |
| EBITDA | 12 | 7 | 9 | 12 | 6 −46% | 15 +111% | 6 −35% | 10 −11% |
| Net profit | 5 | 2 | 1 | 4 | 1 −75% | 10 +524% | 1 −6% | 4 −7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.5% 1Y
1Y: ₹31.26 on 10 Sept 2025 → ₹20.17. High ₹31.26 (10 Sept 2025), low ₹14.92 (30 Mar 2026).
Financials, as filed
Revenue grew 11.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹452 Cr | ₹556 Cr | ₹561 Cr | ₹623 Cr |
| Operating profit | ₹31 Cr | ₹41 Cr | ₹38 Cr | ₹38 Cr |
| Operating margin | 6.9% | 7.5% | 6.7% | 6.2% |
| Interest | ₹15 Cr | ₹16 Cr | ₹16 Cr | ₹15 Cr |
| Depreciation | ₹5 Cr | ₹6 Cr | ₹6 Cr | ₹5 Cr |
| Net profit | ₹14 Cr | ₹21 Cr | ₹11 Cr | ₹16 Cr |
| Net margin | 3.1% | 3.7% | 2.0% | 2.6% |
| Cash from operations | ₹44 Cr | ₹4 Cr | ₹-13 Cr | ₹32 Cr |
| Free cash flow | ₹44 Cr | ₹4 Cr | ₹-13 Cr | ₹-1 Cr |
| ROCE | 12.0% | 16.0% | 12.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹50 Cr | ₹50 Cr | ₹50 Cr |
| Reserves | ₹45 Cr | ₹53 Cr | ₹68 Cr | ₹64 Cr | ₹80 Cr | ₹89 Cr |
| Borrowings | ₹176 Cr | ₹135 Cr | ₹115 Cr | ₹131 Cr | ₹225 Cr | ₹135 Cr |
| Other liabilities | ₹82 Cr | ₹115 Cr | ₹104 Cr | ₹60 Cr | ₹65 Cr | ₹132 Cr |
| Total liabilities | ₹328 Cr | ₹329 Cr | ₹312 Cr | ₹304 Cr | ₹421 Cr | ₹405 Cr |
| Fixed assets | ₹60 Cr | ₹56 Cr | ₹60 Cr | ₹60 Cr | ₹58 Cr | ₹88 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹268 Cr | ₹273 Cr | ₹252 Cr | ₹244 Cr | ₹362 Cr | ₹318 Cr |
| Total assets | ₹328 Cr | ₹329 Cr | ₹312 Cr | ₹304 Cr | ₹421 Cr | ₹405 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 19,604.
- Promoters
- 72.9%
- Public
- 27.1%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.9%, Public 27.1%.Dec '23: Promoters 72.9%, Public 27.1%.Mar '24: Promoters 72.9%, Public 27.1%.Jun '24: Promoters 72.9%, Public 27.1%.Sep '24: Promoters 72.9%, Public 27.1%.Dec '24: Promoters 72.9%, Public 27.1%.Mar '25: Promoters 72.9%, Public 27.1%.Jun '25: Promoters 72.9%, Public 27.1%.Sep '25: Promoters 72.9%, Public 27.1%.Dec '25: Promoters 72.9%, Public 27.1%.Mar '26: Promoters 72.9%, Public 27.1%.Jun '26: Promoters 72.9%, Public 27.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rudra Global above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Shrishti Nikhilkumar Gupta | 28.52% | unchanged |
| Sahil Ashok Gupta | 22.48% | unchanged |
| Ashok Kumar Gupta | 9.98% | unchanged |
| Shamarani Ashokkumar Gupta | 7.98% | unchanged |
| Sugandh Sahil Gupta | 3.93% | unchanged |
| Shubha Arvind Shrishrimal | 1.45% | unchanged |
| Ashok Gupta | 0.00% | unchanged |
| Richa Singla | 0.00% | unchanged |
| Sanaya Sahil Gupta | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Rudra Global
Guides on how to read this kind of business and the numbers that matter.