Synopsis: Rudra Global Infra Products Ltd shares jumped 16% after Q3 results, with revenue from operations up 17% QoQ to ₹159 Cr and net profit soaring 520% QoQ to ₹7.38 Cr.
The shares of a Penny stock specialising in manufacturing and trading steel products, primarily high-quality TMT bars, billets, wires, and pipes for the infrastructure and construction industries, is in focus following their Q3 Results with 520 percent in profit.
With a market capitalization of Rs. 237.21 Crores on Tuesday, the shares of Rudra Global Infra Products Ltd jumped upto 15.9 percent, reaching a high of Rs. 26.85 compared to its previous close of Rs. 23.16.
What Happened
Rudra Global Infra Products Ltd, engaged in manufacturing and trading steel products, primarily high-quality TMT bars (Rudra TMX brand), billets, wires, and pipes, is in the spotlight today as they have announced their Q3 results as follows:
Its Revenue from operations rose by 7.4 percent YoY from Rs. 148 Crores in Q3FY25 to Rs. 159 Crores in Q3FY26, and it rose by 17 percent QoQ from Rs. 136 Crores in Q2FY26 to Rs. 159 Crores in Q3FY26.
Its Net Profit YoY rose by 367 percent from Rs. 1.58 Crores in Q3FY25 to Rs. 7.38 Crores in Q3FY26, and on a QoQ basis, it rose by 520 percent from Rs. 1.19 Crores in Q2FY26 to Rs. 7.38 Crores in Q3FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 0.74, compared to Rs. 0.16 in the previous year’s quarter.
The company shows a decent Return on Capital Employed (ROCE) of 12.2% and a Return on Equity (ROE) of 9.65%, indicating it is generating reasonable returns on both its capital and shareholders’ equity, though ROE is slightly modest. Its P/E ratio of 17.1 is lower than the industry average of 20.7, suggesting the stock may be undervalued relative to peers.
RUDRA GLOBAL is promoted by a dynamic team of young entrepreneurs and seasoned veterans with proven track records. The group began its journey in 1991 with a steel re-rolling mill, having a capacity of 1,000 MT per month. Over the years, it has expanded its operations and is now engaged in diverse businesses.
Today, the group is engaged in various businesses like Ship recycling, oxygen plant, Induction Furnace, Re-rolling mill, producing more than 2 Lakh MT per annum of steel, with a group turnover of around 1000 cr per annum.
The company is an Indian steel manufacturer, part of the Rudra Group, known for TMT bars (Rudra TMX brand), billets, pipes, and wires, with backward integration into ship recycling, oxygen production, and induction furnaces.
It has expanded into construction materials like cement via Rudra Cement and diversified into defense with Rudra Aerospace, aiming for growth in infrastructure through brands like Rudra Inframart.
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