834% Returns in 5 Yrs! THIS Penny Stock Under Rs 50 Zooms 4% Despite Stock Market Crash

Rathi Steel and Power shares jumped as much as 7% on during Monday's trading session. The stock closed 4.64% higher at Rs 19.63 per share on BSE on Monday. The move came after the company posted strong Q4 FY26 numbers, which signalled better earnings and margins. Traders tracked the multibagger stock closely as volumes improved during the session.

Despite the latest gain, Rathi Steel and Power has struggled in the short term. The multibagger stock is down over 6% in one month and 9.57% in three months. Weak broader sentiment has weighed on small-cap and mid-cap counters, including this stock.

Rathi Steel and Power Q4 results 2026 and earnings details

In Q4 FY26, Rathi Steel and Power reported total income of ₹244.57 crore. This showed year-on-year growth of 63.34% compared with Q4 FY25. Quarterly EBITDA rose 22.72% to ₹9.89 crore, while profit after tax almost doubled, climbing 95.84% to ₹7.45 crore.

The March quarter PAT margin improved to 3.04%, higher by 51 basis points from the previous year. Earnings per share for Q4 FY26 stood at ₹0.86, up 95.45% year-on-year. The company said better efficiency and product mix supported margins despite volatility in steel prices.

Total income Full year ₹505.43 crore ₹716.49 crore +42% YoY

Rathi Steel and Power FY26 performance and operations update
For the full year FY26, Rathi Steel and Power posted total income of ₹716.49 crore. This compared with ₹505.43 crore in FY25, a rise of 42%. The company also reported higher EBITDA and PAT for the year, with growth of 24% and 9% respectively.

Management linked the performance to steady demand and better operating practices. The TMT bar mill operated at higher levels through the year. The company also highlighted energy-saving measures and use of green power, which partly offset pricing pressure in the steel market.

"We have closed the fiscal year on a strong note, with robust performance in the last quarter. Despite market headwinds from macroeconomic uncertainties and steel price volatility, we have demonstrated resilience and continued on our growth trajectory. Our focus on strategic initiatives to improve product mix and efficiencies has reflected in our performance. Growth was driven by healthy demand for our products coupled with ramp-up of operations of the TMT bar mill. Energy and other efficiency measures undertaken during the year helped offset pricing pressures, leading to better margins. During the year, green power purchased through open access contributed to more than a quarter of the overall power consumption. The company is committed to increasing the share of green power in future," said Udit Rathi, Promoter, Rathi Steel and Power Limited.

Rathi Steel and Power share price trend and multibagger record

Rathi Steel and Power has delivered strong long-term gains despite the recent correction. On a year-to-date basis, the stock is down 27.37%. Over the last twelve months, the share price has dropped 37%, reflecting cautious sentiment in the broader market.