Rain Industries Limited

NSE: RAIN · Chemicals

₹181.40-3.67%06 Nov 2026

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Instant answers about Rain Industries Limited — computed from its filings, no language model

Market cap₹6,101 cr

Current price₹181.40

High / Low₹243 / ₹101

P/E11.4

P/B0.76

Book value₹237.7

ROE6.7%

ROCE10.5%

Debt / equity1.35

Dividend yield2.54%

EPS (TTM)₹15.97

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Revenue	14,049	12,361	10,465	14,527	21,011	18,141	15,374	16,946
EBITDA	1,966	1,481	1,677	2,361	3,536	933	1,274	2,137
Operating margin	14.0%	12.0%	16.0%	16.3%	16.8%	5.1%	8.3%	12.6%
Interest	457	452	490	479	524	819	941	922
Depreciation	555	594	792	798	790	776	807	922
Profit before tax	995	591	850	1,277	2,327	-484	-228	432
Tax	364	128	263	583	750	314	224	299
Net profit	582	391	558	580	1,439	-938	-564	43
EPS ₹	17.29	11.64	16.60	17.25	42.77	-27.89	-16.78	1.26
Operating cash flow	—	—	—	834	1,036	3,063	1,943	897
Capex	—	—	—	548	669	596	653	461
Dividend paid	—	—	—	34	107	34	347	155
Total assets	—	—	—	—	22,173	20,009	18,937	20,760
Equity	—	—	—	—	8,427	7,343	6,638	7,449

Quarterly performance

last 32 quarters · ₹ crore

showing latest 8 of 32 periods

	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	3,803	3,492	3,444	3,197	3,342	2,992	2,830	2,898	2,361	2,566	2,640	3,008	3,643	3,849	4,026	4,437	5,577	5,457	5,253	4,627	4,160	4,101	3,670	4,094	3,934	3,676	3,768	4,401	4,476	4,301	4,521	5,167
Operating profit	692	511	118	352	420	343	364	447	352	497	381	589	650	632	488	792	915	627	534	645	366	-612	342	369	216	346	380	629	627	501	697	964
Operating margin	18.2%	14.6%	3.4%	11.0%	12.6%	11.5%	12.9%	15.4%	14.9%	19.4%	14.4%	19.6%	17.8%	16.4%	12.1%	17.9%	16.4%	11.5%	10.2%	13.9%	8.8%	-14.9%	9.3%	9.0%	5.5%	9.4%	10.1%	14.3%	14.0%	11.6%	15.4%	18.7%
Other income	9	14	15	19	24	22	93	13	27	12	404	43	37	59	55	17	19	47	25	33	49	72	54	59	99	34	25	28	35	51	46	33
Interest	112	113	114	113	113	113	113	120	124	123	124	120	122	117	119	120	131	150	163	169	242	245	235	245	234	227	224	228	237	232	238	251
Depreciation	132	131	169	127	128	144	195	179	188	207	217	198	201	199	200	198	203	188	193	196	193	195	195	186	189	237	207	225	236	254	249	245
Profit before tax	458	281	-150	130	203	108	149	161	66	179	444	314	364	375	224	490	600	335	203	313	-20	-981	-34	-2	-108	-84	-26	204	189	66	256	501
Tax	155	91	-22	37	56	8	28	48	31	61	123	83	98	106	296	177	170	210	61	107	46	100	83	43	47	52	89	121	61	28	98	160
Net profit	295	175	-139	69	126	82	115	107	27	118	307	206	235	236	97	277	403	90	105	166	-90	-1,119	-146	-78	-179	-161	-138	61	106	14	121	296
EPS ₹	8.76	5.20	-4.14	2.05	3.74	2.44	3.41	3.17	0.79	3.51	9.13	6.13	7.00	7.00	2.88	8.25	11.99	2.66	3.13	4.93	-2.68	-33.26	-4.34	-2.31	-5.33	-4.80	-4.09	1.80	3.15	0.40	3.61	8.81
Revenue YoY	—	—	—	—	-12.1%	-14.3%	-17.8%	-9.4%	-29.3%	-14.2%	-6.7%	3.8%	54.3%	50.0%	52.5%	47.5%	44.9%	35.5%	18.4%	—	-25.4%	-24.9%	-30.1%	-11.5%	-5.4%	-10.4%	2.7%	7.5%	13.8%	17.0%	20.0%	17.4%
Profit YoY	—	—	—	—	-57.4%	-53.0%	—	54.8%	-78.9%	43.9%	167.5%	93.6%	786.5%	99.4%	-68.4%	34.5%	71.2%	-7.7%	-62.0%	—	-122.4%	-1349.7%	-238.4%	-147.0%	—	—	—	—	—	—	—	388.0%

Earlier results (standalone, Sep '07 – Mar '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Rain Industries Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	Dec '11†	Dec '12†	Dec '13†	Dec '14†	Dec '15†	Dec '16†	Dec '17†
Revenue	240	—	—	—	86	45	60
Operating profit	-11	-16	-4	-5	-4	-3	-3
Operating margin	-4.6%	—	—	—	-5.1%	-7.4%	-4.2%
Other income	65	88	42	53	46	60	59
Interest	20	15	11	22	24	21	18
Depreciation	1	0	0	1	2	2	1
Profit before tax	33	64	28	34	27	33	39
Tax	4	8	13	9	0	2	6
Net profit	29	56	15	25	26	31	32

Quarters

showing latest 8 of 39 periods

	SEP '07†	MAR '08†	JUN '08†	SEP '08†	MAR '09†	JUN '09†	SEP '09†	MAR '10†	JUN '10†	SEP '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†
Revenue	149	193	300	253	267	264	252	247	189	194	95	57	54	33	35	—	34	—	41	30	0	—	—	—	—	3	3	29	31	23	4	31	2	7	27	7	4	22	33
Operating profit	47	47	54	44	64	73	50	16	28	7	0	-1	-0	-11	-1	-11	-1	-3	-1	-2	-1	-1	-1	-1	-1	-1	-1	-1	-1	-2	-1	-0	-1	-1	-1	0	-1	-1	-0
Operating margin	31.2%	24.5%	18.1%	17.6%	24.1%	27.7%	19.8%	6.7%	14.6%	3.4%	0.4%	-1.0%	-0.3%	-32.4%	-2.4%	—	-2.8%	—	-2.3%	-6.6%	-590.0%	—	—	—	—	-35.8%	-31.1%	-3.8%	-2.1%	-7.2%	-27.9%	-1.3%	-39.2%	-12.2%	-1.9%	3.9%	-30.4%	-4.7%	-1.3%
Other income	1	1	1	2	0	1	1	1	29	5	28	4	7	25	7	45	7	29	8	-6	-1	42	4	4	40	5	3	3	37	3	11	4	40	4	7	4	43	5	4
Interest	4	9	10	12	11	7	6	8	8	3	3	3	11	3	4	3	4	4	4	3	2	3	5	3	3	11	3	3	3	15	6	5	5	5	5	4	4	4	4
Depreciation	3	4	4	7	8	8	8	8	8	8	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	41	35	42	27	46	59	88	1	40	1	26	1	-5	12	6	31	10	17	3	-11	-4	41	1	0	35	-2	0	-2	31	-2	3	-1	34	-2	1	0	38	-0	-1
Tax	4	4	14	7	12	15	13	-2	8	11	-0	0	0	4	3	1	1	4	1	0	-1	13	0	0	9	0	0	0	0	0	0	0	2	0	0	0	6	0	0
Net profit	37	30	27	20	33	44	75	3	32	-10	26	0	-5	8	4	30	10	13	2	-11	-3	28	1	0	26	-2	0	-3	31	-3	3	-1	32	-2	1	0	32	-0	-1
EPS ₹	5.46	4.49	3.83	2.79	4.68	6.26	10.55	0.44	4.53	-1.47	3.68	0.01	-0.13	0.21	0.11	0.88	0.28	0.38	0.06	-0.33	-0.10	0.82	0.03	—	0.77	-0.07	0.00	-0.08	0.93	-0.07	0.08	-0.04	0.96	-0.06	0.02	0.01	0.94	-0.01	-0.02
Revenue YoY	—	—	—	69.8%	38.4%	-11.9%	-0.3%	-7.5%	-28.5%	-23.0%	-61.3%	-70.0%	-72.0%	—	-63.7%	—	-36.7%	—	18.4%	—	-99.7%	—	—	—	—	—	—	—	—	743.8%	26.1%	8.7%	-92.4%	-68.5%	565.3%	-77.9%	70.5%	202.5%	23.8%
Profit YoY	—	—	—	-45.1%	8.8%	61.5%	272.2%	-90.6%	-27.6%	-114.0%	736.2%	-98.5%	—	—	-85.9%	6272.3%	—	73.3%	-44.7%	-136.9%	-135.9%	113.4%	-47.8%	—	—	-108.5%	-95.3%	-5340.0%	20.7%	—	5060.0%	—	3.7%	—	-74.8%	—	-2.1%	—	-181.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	9.0%	3.2%	-12.8%	-16.2%	-20.2%	-21.4%	-8.5%	-8.4%	-5.9%	-1.9%	0.6%	4.0%	6.7%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	11.5%	8.7%	2.1%	1.1%	-0.4%	-1.1%	4.7%	4.7%	5.4%	7.2%	7.8%	9.5%	10.5%
Net margin	2.9%	1.7%	1.1%	3.2%	3.6%	3.0%	3.4%	5.3%	6.2%	7.3%	7.5%	5.3%	5.3%	3.7%	1.4%	-5.2%	-7.2%	-8.9%	-9.6%	-3.7%	-3.6%	-2.6%	-0.8%	0.3%	1.7%	2.9%
EBITDA margin	12.0%	10.4%	9.5%	12.0%	13.1%	13.6%	15.6%	16.0%	17.2%	17.9%	17.1%	16.2%	16.1%	13.0%	11.1%	5.1%	4.5%	2.9%	2.0%	8.3%	8.5%	10.0%	12.1%	12.6%	13.9%	15.1%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	1.10	1.10	1.18	1.18	1.20	1.20	1.28	1.28	1.39	1.39	1.32	1.32	1.35
Interest coverage	2.59	2.02	1.64	2.31	2.36	2.03	2.16	2.74	3.05	3.67	4.10	3.67	4.03	3.37	2.15	0.41	0.19	-0.07	-0.17	0.76	0.76	0.98	1.31	1.47	1.76	2.05
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	0.97	0.90	0.91	0.83	0.83	0.82	0.81	0.82	0.77	0.80	0.82	0.85	0.81

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	DEC '22	JUN '23	DEC '23	JUN '24	DEC '24	JUN '25	DEC '25	JUN '26
Share capital	67	67	67	67	67	67	67	67
Other equity / reserves	8,360	8,454	7,275	7,032	6,570	6,959	7,382	7,927
Total equity	8,427	8,521	7,343	7,100	6,638	7,026	7,449	7,995
Borrowings	9,731	9,372	8,690	8,518	8,494	9,749	9,824	10,795
Current liabilities	3,918	3,246	3,242	3,778	4,028	4,534	4,115	5,355
Non-current liabilities	9,472	9,540	9,001	8,145	8,084	8,632	8,954	9,137
Total assets	22,173	21,667	20,009	19,236	18,937	20,499	20,760	22,765
Property, plant & equipment	5,126	5,057	5,086	4,940	4,936	5,369	5,576	5,423
Capital work-in-progress	467	459	432	467	473	505	336	389
Investments	14	97	17	24	26	28	29	30
Inventories	4,515	3,805	3,176	3,186	3,052	3,539	3,623	4,880
Receivables	2,494	2,252	2,170	1,967	1,730	2,057	2,053	2,489
Cash & equivalents	1,168	1,457	1,405	1,061	1,321	1,198	926	1,195

Cash flow

annual · ₹ crore · line = free cash flow

	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Cash from operations	834	1,036	3,063	1,943	897
Cash from investing	-527	-663	-696	-212	-395
Cash from financing	-740	-396	-2,115	-1,771	-1,025
Capex	548	669	596	653	461
Free cash flow	286	367	2,468	1,290	437
Dividends paid	34	107	34	347	155

Where the assets sit

Jun '26 · ₹ crore

Fixed assets (PPE)

₹5,423 cr24%

CWIP

₹389 cr2%

Investments

₹30 cr0%

Inventories

₹4,880 cr21%

Receivables

₹2,489 cr11%

Cash & equivalents

₹1,195 cr5%

Other assets

₹8,359 cr37%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%
Rain Industries Limited	6,101	181.40	11.4	0.76	6.7%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-17.2%

6 months+34.8%

1 year+32.8%

3Y CAGR+5.4%

5Y CAGR-3.7%

10Y CAGR+13.8%

50-day avg₹208.84

200-day avg₹176.79

RSI (14)25

FAQs

What is the share price of Rain Industries Limited?

Rain Industries Limited (RAIN) closed at ₹181.40 on NSE on 06 Nov 2026.

What is the market cap of Rain Industries Limited?

₹6,101 crore at the latest close.

What is the P/E ratio of Rain Industries Limited?

11.4, on trailing-twelve-month earnings from its filings.

How fast is Rain Industries Limited growing?

Rain Industries Limited: revenue has compounded at -6.9% a year over three years; net profit at -69.1% a year. Latest-quarter revenue is up 17.4% year on year, profit up 388.0%.

How profitable is Rain Industries Limited?

On a trailing-twelve-month basis return on equity is 6.7%, return on capital employed 10.5%, operating margin 15.1%, net margin 2.9%.

How much debt does Rain Industries Limited have?

Rain Industries Limited is moderately geared: debt to equity is 1.35 with borrowings of ₹10,795 cr against cash of ₹1,195 cr (balance sheet of 2026-06-30). Operating profit covers interest 2.1 times.

Financials parsed from Rain Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '18, annual from Dec '18, balance sheet from Dec '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.