Rajnandini Metal standalone net profit rises 47.14% in the September 2022 quarter

EBITDA margins have been maintained with an impressive growth momentum in line with the company’s plans with a Y-o-Y increase of 40.11%.

Rajnandini Metal Ltd grosses Rs 1,000 cr sales in 2022, Q1 profit up 127%

Rajnandini Metal standalone net profit rises 127.22% in the June 2022 quarter

Rajnandini Metal standalone net profit rises 93.90% in the March 2022 quarter

Rajnandini Metal standalone net profit rises 55.48% in the September 2021 quarter

Rajnandini Metal standalone net profit rises 1028.57% in the June 2021 quarter

Rajnandini Metal standalone net profit rises 465.52% in the March 2021 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Rajnandini Metal Limited is an India-based company that is engaged in the business of trading in ferrous and non-ferrous metal scrap, such as iron and steel, aluminum, tin, nickel, zinc, copper, copper continuous road, brass, silicon scrap and their products. The Company's products include copper rod, annealed bare copper wire, fine copper wire, multi stranded copper wire final, bunched copper wire, submersible wires and cables, and house wires and cables. The Company serves the customers in various industries, such as steel, automotive, light / heavy engineering, construction, chemical and electronic industry.