P S Raj Steels Limited

NSE: PSRAJ
P S Raj Steels Limited - metals and minerals in Hisar, Haryana, India. FY 2026 financials & compliance.
CIN L27109HR2004PLC035523 Incorporated 09 November 2004 ROC Haryana HQ Hisar, Haryana, India
Active Listed - NSE: PSRAJ Public Limited Company metals and minerals MSME · Medium
Market Cap
₹337 Cr
PSRAJ-SM · NSE
Share Price
₹89.00
-0.50% today
Revenue
₹268 Cr
FY 2025-26 · +0.7% YoY
EBITDA
₹13.10 Cr
Margin 4.9%
Net Profit
₹8.56 Cr
FY 2025-26 · +15.8% YoY
P/E (TTM)
39.3x
P/B 4.6x
ROE
12.4%
ROCE 16.1%
Debt / Equity
0.04
Interest cover 2.9x

About P S Raj Steels Limited

Data last updated:

P S Raj Steels Limited is a public limited company based in Hisar, Haryana, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 November 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L27109HR2004PLC035523. Its GSTIN is 06AADCP4136C1ZV (Haryana). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: PSRAJ.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.54 Cr. It was formerly known as P. S. Raj Steels Private Limited and P.S. Raj Steels Private Limited. It is led by directors including Deepak Kumar (Managing Director) and Gaurav Gupta (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at V & P.O Talwandi Rukka, Hisar, Haryana, India – 125001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹268.21 Cr, a growth of 0.7% compared to the previous year. For the same year it recorded a net profit of ₹8.56 Cr (net margin 3.2%) and EBITDA of ₹13.1 Cr (EBITDA margin 4.9%). The net worth stands at ₹73.49 Cr (up 13.2% YoY). Total assets are valued at ₹75.06 Cr (up 7.4% YoY).

The company has about 75 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Pssrgroup. As per MCA filings, the company has open charges of ₹46.07 Cr and satisfied charges of ₹5.3 Cr on record. Court records list 18 cases involving the company, including 11 filed by the company and 7 filed against it; 2 cases are pending. The company has 1 deal on record (1 ipo); the latest was in February 2025. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is HTL Metal Private Limited with revenue of ₹270.04 Cr.

P S Raj Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-06-0003066). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pssrgroup.co.in.

Company details

CIN L27109HR2004PLC035523
Registration Number 035523
Incorporation Date 09 November 2004
ROC Haryana
Listing Status Listed (NSE: PSRAJ)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-06-0003066

Name history

P S Raj Steels has undergone 2 name changes throughout its history. The company was previously known as P. S. Raj Steels Private Limited, and P.S. Raj Steels Private Limited. The current legal name is P S Raj Steels Limited.

Company NameStatus
P S Raj Steels LimitedCurrent
P. S. Raj Steels Private LimitedPrevious
P.S. Raj Steels Private LimitedPrevious

CIN history

P S Raj Steels has one previous CIN (Corporate Identification Number): U27109HR2004PTC035523. The current CIN is L27109HR2004PLC035523, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27109HR2004PLC035523Current
U27109HR2004PTC035523Previous
Key People
Deepak Kumar Managing Director Gaurav Gupta Whole-Time Director Raj Kumar Dewan Director

Recognitions & Rankings of P S Raj Steels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-06-0003066

Contact details

P S Raj Steels Limited's registered office is in Hisar, Haryana.

  • Social Media
  • Registered Address
    V & P.O Talwandi Rukka, Hisar, Haryana, India – 125001
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
P S Raj Steels Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

P S Raj Steels operates one associated brand: Pssrgroup. Each brand links to its own profile.

BrandDescriptionWebsite
Pssrgroup
Manufacturer of stainless steel pipes and tubespssrgroup.com

Business activity

The main business activity of P S Raj Steels is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of P S Raj Steels Limited, buy the company report.

Financials of P S Raj Steels Limited

FY 2025-26 filings available

P S Raj Steels Limited reported revenue of ₹268.21 Cr (up 0.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹268 Cr
+0.7% YoY
EBITDA
₹13.10 Cr
+6.8% YoY
Profit After Tax
₹8.56 Cr
+15.8% YoY
Net Worth
₹73.49 Cr
+13.2% YoY
Total Assets
₹75.06 Cr
+7.4% YoY
Total Debt
₹1.08 Cr
-76.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue268266298225180
Revenue growth+0.7%-10.6%+32.1%+25.4%-
EBITDA13.1012.2710.826.966.72
EBITDA margin+4.9%+4.6%+3.6%+3.1%+3.7%
Profit before tax11.319.988.464.894.72
Net profit8.567.396.333.663.45
Net profit margin+3.2%+2.8%+2.1%+1.6%+1.9%
EPS (₹)11.389.83103.3659.5658.24
Balance sheet
Total assets75.0669.9148.7342.5737.92
Net worth73.4964.9430.5024.3020.65
Total debt1.084.5817.8118.0217.09
Cash & bank0.090.880.060.030.04
Net working capital65.6463.4943.9437.5533.08
Cash flow
Cash from operations7.52(9.06)2.732.560.42
Cash from investing(4.50)(2.51)(0.62)(0.94)0.97
Cash from financing(3.80)12.38(2.09)(1.63)(1.35)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue268266298225180
Revenue growth+0.7%-10.6%+32.1%+25.4%-
Other income0.080.070.010.020.18
Total expenses255254287218173
Employee cost3.082.522.171.051.38
EBITDA13.1012.2710.826.966.72
EBITDA margin+4.9%+4.6%+3.6%+3.1%+3.7%
Depreciation1.540.960.820.800.94
Interest0.331.401.551.291.24
Profit before tax11.319.988.464.894.72
Tax2.722.552.131.231.16
Net profit8.567.396.333.663.45
Net profit margin+3.2%+2.8%+2.1%+1.6%+1.9%
EPS (₹)11.389.83103.3659.5658.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital7.547.540.610.610.61
Reserves & surplus65.9557.4029.8923.6920.04
Shareholders' funds (net worth)73.4964.9430.5024.3020.65
Secured loans1.084.5817.8118.0217.09
Unsecured loans0.000.000.000.000.00
Total debt1.084.5817.8118.0217.09
Total liabilities75.0669.9148.7342.5737.92
Assets
Gross block19.0313.4212.2611.7111.04
Net block8.644.284.044.314.45
Capital work in progress0.001.330.000.000.00
Investments0.000.000.000.010.01
Inventories32.2130.6021.5344.3019.80
Sundry debtors22.3519.4015.0713.9914.21
Cash & bank balances0.090.880.060.030.04
Loans & advances18.7916.9110.5310.777.05
Total current assets73.4467.7947.1969.0941.10
Total current liabilities7.804.303.2531.548.02
Net working capital65.6463.4943.9437.5533.08
Total assets75.0669.9148.7342.5737.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.880.060.040.040.00
Net cash from operating activities7.52(9.06)2.732.560.42
Net cash from investing activities(4.50)(2.51)(0.62)(0.94)0.97
Net cash from financing activities(3.80)12.38(2.09)(1.63)(1.35)
Net change in cash(0.79)0.820.02(0.01)0.04
Closing cash0.090.880.060.030.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+0.7%-10.6%+32.1%+25.4%-
EBITDA growth+6.8%+13.4%+55.5%+3.6%-
PBT growth+13.3%+18.0%+73.0%+3.6%+9997.0%
Net income growth+15.8%+16.8%+73.0%+6.1%-
Revenue CAGR (3Y)+6.0%+14.0%---
EBITDA CAGR (3Y)+23.5%+22.2%---
Profitability & leverage
Net income margin+3.2%+2.8%+2.1%+1.6%+2.0%
Return on capital employed+16.1%+19.2%+22.0%+15.3%+15.7%
Return on net worth+12.4%+15.5%+23.1%+16.2%+17.3%
Debt / equity0.040.230.650.790.83
Long-term debt / equity0.000.010.04-29,802.160.10
Interest cover2.8512.3815.5020.9421.45
Efficiency & per share
Fixed asset turnover16.5320.7424.8419.8216.28
Inventory turnover8.5410.219.057.039.08
Debtors turnover12.8515.4520.4915.9912.65
EPS (₹)11.389.83103.3659.5658.24
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)97.4986.15497.56396.35336.80

To see the full year-wise statements and ratios of P S Raj Steels Limited, buy the company report.

Board of directors of P S Raj Steels Limited

P S Raj Steels has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Kumar
Also directs: Steelmint Industries Private Limited
Managing Director01 Mar 20224 Years 8 MonthsCurrent
Gaurav Gupta
Also directs: GV Stainless LLP, Steelmint Industries Private Limited
Whole-Time Director15 Apr 20233 Years 6 MonthsCurrent
Raj Kumar DewanDirector05 Sep 20242 Years 2 MonthsCurrent
Alok Kumar Jain
Also directs: R N Wind Energy Private Limited, Leisure Play Private Limited, Wyz Games India Private Limited
Director05 Sep 20242 Years 2 MonthsCurrent
Nikita GuptaDirector19 Apr 20242 Years 6 MonthsCurrent
View all directors

Peer comparison

P S Raj Steels Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
HTL Metal Private Limited₹270.04 Cr (FY 2024)-13.0%New Delhi, Delhi, India
P S Raj Steels Limitedthis company₹268.21 Cr (FY 2026)₹8.56 Cr3.2%0.7%Hisar, Haryana, India
Metamorphosis Engitech India Private Limited₹262.92 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India
Indoves Industrial Private Limited₹248 Cr (FY 2025)3.0%Kolkata, West Bengal, India

To see the full peer comparison of P S Raj Steels Limited, buy the company report.

Charges & borrowings

Open charges
₹46.07 Cr
Satisfied charges
₹5.3 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹46.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2026101264846Hdfc Bank Limited₹20.1 LakhOpen
27 May 2024100928481Hdfc Bank Limited₹25 LakhOpen
15 Feb 2024100905017Hdfc Bank Limited₹20.01 LakhOpen
07 Aug 201310441735Hdfc Bank Limited₹24.75 CrOpen
28 Jun 201310436715Hdfc Bank Limited₹20.66 CrOpen

To see the full charge records of P S Raj Steels Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

P S Raj Steels Limited has 1 deal on record (1 ipo); the latest was in February 2025.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2025IPO₹28.28 CrInvestors: Vikasa India EIF I Fund, Rajasthan Global Securities Private Limited , Smart Horizon Opportunity Fund

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for P S Raj Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

P S Raj Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
06AADCP4136C1ZVHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of P S Raj Steels Limited, buy the company report.

Recent activity

P S Raj Steels Limited has 11 board changes on record since 2004: 8 appointments and 3 cessations. The latest: Alok Kumar Jain was appointed as Director on 05 Sep 2024.

Charges
A charge registered on 30 Jan 2023 via Charge ID 100677530 with Hdfc Bank Limited was fully satisfied on 07 May 2026.
Filing
P S Raj Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101264846 was registered on 27 Mar 2026.
AGM
P S Raj Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Alok Kumar Jain was appointed as Director.
Appointed
Raj Kumar Dewan was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100928481 was registered on 27 May 2024.
Appointed
Nikita Gupta was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100905017 was registered on 15 Feb 2024.
Ceased
Raj Kumar Gupta ceased to be Director.
Appointed
Gaurav Gupta was appointed as Whole-Time Director.
Charges
A charge with Hdfc Bank Limited of Rs. 24.75 Cr registered on 07 Aug 2013 with Charge ID 10441735 was modified on 11 Apr 2023.

14 earlier events are in the company report.

Frequently asked questions

P S Raj Steels is an active public limited company based in Hisar, Haryana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 November 2004 (22+ years old) and is registered under CIN L27109HR2004PLC035523. Listed on NSE: PSRAJ.

P S Raj Steels reported revenue of ₹268.21 Cr for FY 2025-26 (up 0.7% YoY) based on standalone financials.

P S Raj Steels has 5 current directors:

The latest financial statements of P S Raj Steels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of P S Raj Steels is 06AADCP4136C1ZV, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of P S Raj Steels is L27109HR2004PLC035523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. P S Raj Steels is a listed company as per MCA records. Its shares are listed on NSE (symbol: PSRAJ).

P S Raj Steels has 18 court cases on record: 11 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.

P S Raj Steels was incorporated on 09 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Haryana.

P S Raj Steels has 1 deal on record (1 ipo); the latest was in February 2025.

The peers of P S Raj Steels by revenue are HTL Metal Private Limited, Metamorphosis Engitech India Private Limited, Indoves Industrial Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).