Flash Finance

Rain Industries LimitedRAINCorporate

Petrochemicals Latest results: Mar 2026 13 quarters of data
Consolidated Standalone
₹228.55
MCap ₹7,687 Cr · P/E 24.8
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹4,521 Cr
Sales · Mar 2026
+1122.3% YoY
₹697 Cr
Operating Profit · Mar 2026
+83.3% YoY
15.4%
OPM % · Mar 2026
-85.0% YoY
₹158 Cr
Net Profit · Mar 2026
+693.5% YoY
₹3.61
EPS · Mar 2026
+188.3% YoY

📝 Rain Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Rain Industries Limited reported revenue of ₹4,521 crore for the quarter ended March 2026 (Q4 FY26), up 1122.3% from ₹370 crore in the same quarter last year, and up 5.1% sequentially over the December 2025 quarter.

The company swung to a net profit of ₹158 crore from a net loss of ₹27 crore a year earlier. Earnings per share (EPS) came in at ₹3.61.

Operating profit stood at ₹697 crore — an operating margin (OPM) of 15.4%, compared with 102.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Rain Industries Limited posted revenue of ₹9,310 crore, a growth of 515.0% over FY25, with a net profit of ₹310 crore (down 21.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹9,310 crore with a net profit of ₹310 crore.

Valuation snapshot

At the current price of ₹228.55, RAIN has a market capitalisation of ₹7,687 crore and a trailing P/E of about 24.8.

Within the Petrochemicals industry, it is the 2nd-largest of the 16 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 41.35%, foreign institutional investors (FIIs) 7.69%, domestic institutional investors (DIIs) 2.29%, the government 0.34%, public shareholders 48.33% of Rain Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹7,687 Cr
Current Price ?
₹228.6
P/E ?
24.77above ind
Industry P/E ?
12.90
P/B ?
1.03
P/S ?
0.83
P/FCF ?
17.43
Enterprise Value ?
₹17,511 Cr
EV/EBITDA ?
7.14
PEG ?
N/A
Earnings Yield ?
8.5%
Dividend Yield ?
0.43%
Profitability & Returns
Sales (TTM) ?
₹9,310 Cr
OPM ?
26.4%
Profit after tax (TTM) ?
₹310 Cr
EPS (TTM) ?
₹9.23
ROCE ?
8.0%
ROE ?
4.2%
ROA ?
1.5%
Growth
Sales — latest qtr ?
₹4,521 Cr
PAT — latest qtr ?
₹158 Cr
YoY qtr sales growth ?
1,122.3%
YoY qtr profit growth ?
693.5%
Sales growth (3y) ?
-7%
Sales growth (5y) ?
10%
Profit growth (3y) ?
-69%
Profit growth (5y) ?
-40%
Financial Health
Debt ?
₹9,824 Cr
Debt to Equity ?
1.32
Interest Coverage ?
1.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
41.35%
Change in promoter holding ?
0.16%
Pledged percentage ?
N/A
Market
Return 3 months ?
10.5%
Return 6 months ?
72.6%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 15426541,6033482713044274133702432464,3014,521 +1122.3% +5.1%
Operating Profit 5346452,821-612342369216346380629627501697 +83.3% +39.1%
Other Income 25331,32673545999372528375146 +84.5% -8.7%
Interest 1631692,417245235245234227224228237232238 +6.4% +2.8%
Depreciation 1931961,925195195186189237207225236254249 +20.1% -2.1%
Profit Before Tax -2403-195-43-34-33345161-27211266256 +1035.9% +289.9%
Net Profit -10352-66-46-34-33295161-27211338158 +693.5% +319.0%
EPS 3.134.92-2.68-33.26-4.34-2.32-5.33-4.80-4.091.803.150.403.61 +188.3% +802.5%
OPM % 347.6% 243.5% 6.8% -176.0% 126.4% 121.3% 50.6% 83.8% 102.7% 258.8% 255.3% 11.6% 15.4% -85.0% +32.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,514 Cr ₹9,310 Cr ₹9,310 Cr +515.0%
Operating Profit ₹1,311 Cr ₹2,453 Cr ₹2,453 Cr +87.1%
OPM % 86.60% 26.35% 26.35% -69.6%
NPM % 26.22% 3.33% 3.33% -87.3%
Other Income ₹220 Cr ₹162 Cr ₹162 Cr -26.5%
Depreciation ₹819 Cr ₹964 Cr ₹964 Cr +17.7%
Interest ₹930 Cr ₹935 Cr ₹935 Cr +0.5%
EBIT ₹492 Cr ₹1,490 Cr ₹1,490 Cr +202.8%
PBT ₹445 Cr ₹436 Cr ₹436 Cr -2.2%
Tax — ₹126 Cr ₹126 Cr —
Net Profit ₹397 Cr ₹310 Cr ₹310 Cr -21.8%
EPS ₹-16.54 ₹8.96 ₹8.96 +154.2%
Material Cost — ₹4,839 Cr ₹4,839 Cr —
Employee Cost — ₹725 Cr ₹725 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Dec 2022Dec 2023Dec 2024Dec 2025 % Chg
Equity Capital 67676767 +0.0%
Reserves 8,3607,2756,5707,382 +12.4%
Borrowings 9,7318,6908,4949,824 +15.7%
Other Liabilities 3,7873,9543,8033,486 -8.3%
Total Liabilities 21,94519,98718,93520,759 +9.6%
Fixed Assets 11,97711,35711,18412,543 +12.2%
CWIP 467432473336 -29.0%
Investments 14172629 +11.5%
Other Assets 9,4878,1817,2527,852 +8.3%
Total Assets 21,94519,98718,93520,759 +9.6%

💧 Cash Flow (latest 4 periods)

Metric Dec 2022Dec 2023Dec 2024Dec 2025 % Chg
Cash from Operating Activity 1,0363,0631,943897 -53.8%
Cash from Investing Activity -576-711-257-267 -3.9%
Cash from Financing Activity -396-2,115-1,771-1,025 +42.1%
Net Cash Flow 65237-84-395 -370.2%
Free Cash Flow 3692,4701,294441 -65.9%
CFO/OP 45%365%172%54% -68.6%

➗ Ratios (latest 4 periods)

Metric Dec 2022Dec 2023Dec 2024Dec 2025 % Chg
Debtor Days 43444144 +7.3%
Inventory Days 146104126137 +8.7%
Days Payable 50446347 -25.4%
Cash Conversion Cycle 139104104134 +28.8%
Working Capital Days 64532745 +66.7%
ROCE % 17%2%4%8% +100.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 41.19%41.19%41.19%41.35%41.35%41.35% +0.0%
FIIs 10.82%10.40%8.54%8.06%8.02%7.69% -4.1%
DIIs 4.85%4.62%4.87%2.15%2.67%2.29% -14.2%
Government 0.34%0.34%0.34%0.34%0.34%0.34% +0.0%
Public 42.81%43.44%45.06%48.10%47.61%48.33% +1.5%
No. of Shareholders 2,04,7952,01,6461,99,2611,95,1801,92,4331,74,417 -9.4%

⚖️ Peer comparison

Industry: Petrochemicals · 16 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 SWANCORP SWAN ₹268.90 8,429 46.3 4,172 209 -5.7% 5.0% -11.5% -66.3% -16.4% -233.3%
2 RAIN Rain Industries ₹210.07 7,066 29.6 9,310 310 26.4% 3.3% 515.0% -21.8% 1122.3% 693.5%
3 SOTL Savita Oil ₹767.45 5,262 12.7 4,853 414 10.7% 8.5% 14.4% 61.5% 49.6% 414.8%
4 STYRENIX Styrenix Performance ₹2,006.50 3,531 12.9 2,593 273 15.7% 10.5% -13.3% -11.7% 38.5% 98.6%
5 BEPL Bhansali Engineering ₹123.40 3,071 17.0 1,276 180 16.9% 14.1% -8.7% 0.1% -1.0% 30.6%
6 PANAMAPET Panama Petrochem ₹470.80 2,848 5.9 4,106 479 14.8% 11.7% 20.0% 32.7% 150.3% 624.8%
7 MANALIPETC Manali Petrochemicals ₹85.40 1,469 8.2 1,063 180 13.4% 16.9% 23.3% 508.5% 17.1% 348.8%
8 DCW DCW ₹44.26 1,306 18.3 2,210 72 9.2% 3.3% 7.1% 60.0% 13.9% 218.2%
9 TNPETRO Tamilnadu PetroProducts ₹125.00 1,125 7.9 1,783 142 11.5% 8.0% -19.7% 67.0% 68.5% 127.3%
10 KOTHARIPET Kothari Petrochemicals ₹136.63 804 11.2 578 72 16.6% 12.5% 2.2% 12.3% -9.0% -5.4%
11 AGARIND Agarwal Industrial ₹429.50 642 15.7 1,492 41 7.4% 2.8% -31.1% -62.1% -27.0% -20.6%
12 GOACARBON Goa Carbon ₹390.60 357 — 563 -47 -4.4% -8.3% 37.0% -119.0% -67.0% 17.2%
13 514165 Indian Acrylics ₹12.40 78 — 372 -21 0.1% -5.6% -9.8% 22.6% 24.4% 66.5%
14 531454 Polylink Polymers ₹33.96 50 51.5 87 1 3.6% 1.7% -7.3% -43.0% 13.5% 120.8%
15 506858 Gujarat Petrosynthese ₹62.35 33 14.2 25 3 2.2% 10.5% 33.4% 61.0% 45.7% 46.5%
16 530027 Aadi Industries ₹5.37 8 — — -0 — — — -5.9% — -40.0%
❓ Frequently asked questions
What was Rain Industries Limited's revenue in Q4 FY26?
Rain Industries Limited reported revenue of ₹4,521 crore for the quarter ended March 2026 (Q4 FY26), up 1122.3% from ₹370 crore in the same quarter last year, and up 5.1% sequentially over the December 2025 quarter.
What was Rain Industries Limited's net profit in Q4 FY26?
The company swung to a net profit of ₹158 crore from a net loss of ₹27 crore a year earlier. Earnings per share (EPS) came in at ₹3.61.
What is RAIN's market capitalisation and P/E ratio?
At the current price of ₹228.55, RAIN has a market capitalisation of ₹7,687 crore and a trailing P/E of about 24.8.
Who owns Rain Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 41.35%, foreign institutional investors (FIIs) 7.69%, domestic institutional investors (DIIs) 2.29%, the government 0.34%, public shareholders 48.33% of Rain Industries Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI