Rain Industries Ltd
RAINRain Industries Ltd is strength at full price. The numbers are improving — and a P/E at the 80th percentile of its own range says the market knows.
The sharpest disagreement: the engine is strong, but at the 80th percentile of its own range you are paying full price for it.
The price is in a confirmed uptrend (15 weeks in) while the P/E sits at the 80th percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +310.8% year on year, and 115% of the last 3 years' profit arrived as cash. What settles it: whether the earnings grow into the multiple.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Rain Industries Ltd trades at ₹216, in a confirmed uptrend and 15 weeks into that stage. That is +23.8% against its own 200-day average. It sits at 92% of a 52-week range of ₹105 to ₹225. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks.
Today the stock is in a confirmed uptrend — week 15 of stage 2, confirmed. At ₹216 it trades +23.8% versus its 200-day average and sits at 92% of its 52-week range (₹105–₹225).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +620% while the NIFTY 500 moved +273% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Rain Industries Ltd trades at 13.5× P/E, at the pricey end of its own range (80th percentile). Its long-run median P/E is 8.5×, measured across 10.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 13.5× is at the pricey end of its own range (80th percentile), against a long-run median of 8.5× measured over 10.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The price move, decomposed: over 5y, of the −2.4%/yr price move, ~−9.2%/yr came from earnings growth and ~+6.8 pp from the multiple (expanding); over 10y, of the +16.0%/yr price move, ~+12.6%/yr came from earnings growth and ~+3.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 72% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, Rain Industries Ltd was paying for profit growth of about 10.6% a year. Profit itself has compounded −7.7% a year over the past 10 years. Today the market pays 13.5× P/E, the 80th percentile of its own 11-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is above what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Rain Industries Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 9 quarters across 2 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +10.2% | −6.9% | +10.1% | +5.2% |
| Profit | — | −55.8% | −25.4% | −7.7% |
| EPS | — | −69.1% | −40.3% | −18.4% |
| Share price | +55.8% | +6.2% | −2.4% | +16.0% |
4-Factor Sector Score
64.7/100 — rank 3 of 26 in Cement · 75% evidence confidence
Rain Industries Ltd scores 64.7 out of 100 against the 26 companies it is compared with in Cement, ranking 3. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 28.4 + 10.5 + 10.8 + 15 = 64.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Rain Industries Ltd reported ₹5,167 Cr of revenue in the Jun 26 quarter, +17.4% year on year. That is the 6th straight quarter of year-on-year growth. Over 10 years it has compounded at 5.2% a year. The last full year, FY25, came in at ₹16,946 Cr. The last four reported quarters add to ₹18,465 Cr.
FY25 revenue came in at ₹16,946 Cr (+10.2% on the year), capping 10 years at 5.2% compound. The latest quarter (Jun 26) printed ₹5,167 Cr, +17.4% year on year — the 6th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +17.0% growth against the decade's 5.2% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +17.0% over the last 4 quarters against +7.3%/yr over the last 8 — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Rain Industries Ltd's operating margin is 19.0% in the Jun 26 quarter, +5.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0% to 20.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 19.0%, +5.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 5.0%–20.0%.
Why the margin moved: operating margin went +4.4 pp year on year while gross margin went +4.4 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Rain Industries Ltd earned ₹341 Cr of net profit in the Jun 26 quarter, +310.8% year on year. Full-year FY25 profit was ₹136 Cr. The 10-year compound rate is −7.7%. That is 6.6% of the quarter's revenue. The same quarter a year earlier earned ₹83.0 Cr. 7 of the last 12 reported quarters were loss-making.
Jun 26 profit was ₹341 Cr, +310.8% year on year. On the full year, FY25 printed ₹136 Cr (null), and the 10-year compound rate is −7.7%.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 115% of Rain Industries Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY25 that was ₹897 Cr of operating cash against ₹136 Cr of profit. After ₹2,144 Cr of capital spending, ₹−1,247 Cr was left as free cash.
FY25: operating cash of ₹897 Cr against reported profit of ₹136 Cr, leaving free cash of ₹−1,247 Cr after ₹2,144 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 115% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 115%: the cash cycle stretched 39 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Rain Industries Ltd's cash conversion cycle runs 134 days in FY25, up from 95 days in FY20. Capital spending ran ₹2,940 Cr over the last 3 years. At FY25 sales of ₹16,946 Cr each day of that cycle holds about ₹46.4 Cr, so roughly ₹6,221 Cr sits inside the business at any moment.
FY25: debtors at 44 days, inventory at 137 days — roughly 4.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 134 days, looser than FY20's 95.
The full loop: cash goes out to suppliers and production on day 0; stock waits 137 days to sell; customers pay about 44 days after that; and suppliers themselves are paid at 47 days — netting out to the 134-day cycle.
In money terms: at FY25 sales of ₹16,946 Cr, each day of the cycle holds about ₹46.4 Cr — so the 134-day loop keeps roughly ₹6,221 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹2,940 Cr over the last 3 fiscal years against ₹2,505 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹336 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Rain Industries Ltd earns a ROCE of 8% in FY25. That is up from a trough of 2% in FY23. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 0.8% net margin on 0.82× asset turns.
FY25 ROCE is 8%, recovered from a FY23 trough of 2% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 0.8% net margin × 0.82× asset turns × 2.79× balance-sheet leverage ≈ 1.8% on equity. Margin does its share; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 72% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Rain Industries Ltd carries ₹9,824 Cr of borrowings against ₹7,449 Cr of equity in FY25, a debt-to-equity of 1.32. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹8,859 Cr to ₹9,824 Cr. Capital spending ran ₹2,940 Cr across the last 3 of those years.
FY25: borrowings of ₹9,824 Cr against equity of ₹7,449 Cr — a debt-to-equity of 1.32. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹8,859 Cr to ₹9,824 Cr while capital spending ran ₹2,940 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 72% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Rain Industries Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.2 points over the same window, to 41.4%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −0.4 points over 8 quarters to 8.0%; Promoters: +0.2 points over 8 quarters to 41.4%; Domestic institutions: +0.1 points over 8 quarters to 2.7%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Rain Industries Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Star Cement LtdSTARCEMENT | 69.7/100Favorable setup94% evidence | BASING | 25.6/35 Revenue 14.5% · PAT 55.1% · OPM change -4 pp 100% evidence | 20.2/25 ROCE 16.6% · OPM 21% 100% evidence | 11.0/20 P/E 20.9× · PEG 1.11 100% evidence | 12.9/20 RS sector 13.8% · RS bench -10.3% · 1Y -33.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 25.6 + 20.2 + 11 + 12.9 = 69.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2NCL Industries LtdNCLIND | 66.9/100Favorable setup87% evidence | ASLEEP | 23.2/35 Revenue 3.7% · PAT 100% · OPM change -3 pp 95% evidence | 18.1/25 ROCE 14.6% · OPM 12% 95% evidence | 14.9/20 P/E 6.4× · PEG — 50% evidence | 10.7/20 RS sector 3.2% · RS bench -5.3% · 1Y -18.2%2 of 12 weeks ahead 100% evidence |
| Exact sum: 23.2 + 18.1 + 14.9 + 10.7 = 66.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Rain Industries Ltdthis pageRAIN | 64.7/100Mixed-positive evidence75% evidence | LEADER | 28.4/35 Revenue 17% · PAT 100% · OPM change 5 pp 95% evidence | 10.5/25 ROCE 8.3% · OPM 19% 76% evidence | 10.8/20 P/E 13.5× · PEG — 15% evidence | 15.0/20 RS sector 53% · RS bench 41.8% · 1Y 55.9%11 of 12 weeks ahead 100% evidence |
| Exact sum: 28.4 + 10.5 + 10.8 + 15 = 64.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4UltraTech Cement LtdULTRACEMCO | 63.5/100Mixed-positive evidence76% evidence | TURNING | 23.1/35 Revenue 17.2% · PAT 26.7% · OPM change -1 pp 95% evidence | 17.1/25 ROCE 12.7% · OPM 20% 76% evidence | 9.6/20 P/E 37.6× · PEG — 50% evidence | 13.7/20 RS sector 17% · RS bench -5.5% · 1Y -12.7%0 of 10 weeks ahead 70% evidence |
| Exact sum: 23.1 + 17.1 + 9.6 + 13.7 = 63.5 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 5Mangalam Cement LtdMANGLMCEM | 63.4/100Mixed-positive evidence100% evidence | TURNING | 18.1/35 Revenue 0.5% · PAT 90% · OPM change -5 pp 100% evidence | 10.5/25 ROCE 11% · OPM 12% 100% evidence | 15.2/20 P/E 21.7× · PEG 0.6 100% evidence | 19.6/20 RS sector 32.9% · RS bench 23% · 1Y 33.8%8 of 12 weeks ahead 100% evidence |
| Exact sum: 18.1 + 10.5 + 15.2 + 19.6 = 63.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Orient Cement LtdORIENTCEM | 58.1/100Mixed-positive evidence93% evidence | BASING | 17.9/35 Revenue -12.1% · PAT -19.3% · OPM change 3 pp 100% evidence | 16.9/25 ROCE 16.5% · OPM 24% 100% evidence | 16.1/20 P/E 12.1× · PEG 0.25 65% evidence | 7.2/20 RS sector -11.4% · RS bench -19.2% · 1Y -43.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 17.9 + 16.9 + 16.1 + 7.2 = 58.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7HeidelbergCement India LtdHEIDELBERG | 55.7/100Mixed-positive evidence100% evidence | TURNING | 15.7/35 Revenue 6.6% · PAT 2.6% · OPM change -4 pp 100% evidence | 14.8/25 ROCE 14.7% · OPM 11% 100% evidence | 13.2/20 P/E 27.9× · PEG 0.83 100% evidence | 12.0/20 RS sector -0.9% · RS bench -9.3% · 1Y -30.1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 15.7 + 14.8 + 13.2 + 12 = 55.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 8Dalmia Bharat LtdDALBHARAT | 55.1/100Mixed-positive evidence94% evidence | BREAKING OUT | 14.1/35 Revenue 7.6% · PAT 0.4% · OPM change -3 pp 100% evidence | 13.2/25 ROCE 7.6% · OPM 21% 100% evidence | 15.1/20 P/E 29.8× · PEG 0.72 100% evidence | 12.7/20 RS sector 12.6% · RS bench -9.4% · 1Y -27.5%1 of 10 weeks ahead 70% evidence |
| Exact sum: 14.1 + 13.2 + 15.1 + 12.7 = 55.1 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 9JSW Cement LtdJSWCEMENT | 51.9/100Thin evidence · provisional52% evidence | ASLEEP | 19.2/35 Revenue 15.6% · PAT 100% · OPM change -5 pp 71% evidence | 11.8/25 ROCE 11.1% · OPM 16% 76% evidence | 10.6/20 P/E 20.6× · PEG — 15% evidence | 10.3/20 RS sector — · RS bench -4.9% · 1Y -20.8%3 of 10 weeks ahead 25% evidence |
| Exact sum: 19.2 + 11.8 + 10.6 + 10.3 = 51.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10Nuvoco Vistas Corporation LtdNUVOCO | 49.5/100Mixed-negative evidence87% evidence | TURNING | 21.8/35 Revenue 9.5% · PAT 100% · OPM change 0 pp 100% evidence | 10.2/25 ROCE 7% · OPM 18% 100% evidence | 4.8/20 P/E 28.4× · PEG 8.14 65% evidence | 12.7/20 RS sector 3.6% · RS bench -2.8% · 1Y -28.8%5 of 10 weeks ahead 70% evidence |
| Exact sum: 21.8 + 10.2 + 4.8 + 12.7 = 49.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11J K Cements LtdJKCEMENT | 48.1/100Mixed-negative evidence94% evidence | TURNING | 11.9/35 Revenue 15.9% · PAT -7.1% · OPM change -5 pp 100% evidence | 16.7/25 ROCE 15.1% · OPM 16% 100% evidence | 8.0/20 P/E 38.3× · PEG 1.46 100% evidence | 11.5/20 RS sector 10.4% · RS bench -12.1% · 1Y -27%0 of 10 weeks ahead 70% evidence |
| Exact sum: 11.9 + 16.7 + 8 + 11.5 = 48.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12Prism Johnson LtdPRSMJOHNSN | 47.2/100Mixed-negative evidence61% evidence | BASING | 18.1/35 Revenue 4.8% · PAT 100% · OPM change 2 pp 71% evidence | 6.9/25 ROCE 5.9% · OPM 12% 76% evidence | 9.2/20 P/E 48.6× · PEG — 15% evidence | 13.0/20 RS sector 14.3% · RS bench -10.5% · 1Y -22.4%0 of 10 weeks ahead 70% evidence |
| Exact sum: 18.1 + 6.9 + 9.2 + 13 = 47.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13JK Lakshmi Cement LtdJKLAKSHMI | 44.8/100Mixed-negative evidence69% evidence | BASING | 14.6/35 Revenue 8.7% · PAT 0.5% · OPM change -4 pp 95% evidence | 14.1/25 ROCE 12% · OPM 14% 76% evidence | 10.7/20 P/E 16.3× · PEG — 15% evidence | 5.4/20 RS sector -8.2% · RS bench -25.2% · 1Y -45.5%0 of 10 weeks ahead 70% evidence |
| Exact sum: 14.6 + 14.1 + 10.7 + 5.4 = 44.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Birla Corporation LtdBIRLACORPN | 44.5/100Mixed-negative evidence94% evidence | BASING | 18.6/35 Revenue 3.9% · PAT 44.6% · OPM change -1 pp 100% evidence | 11.0/25 ROCE 9.8% · OPM 13% 100% evidence | 9.8/20 P/E 11.4× · PEG 3.92 100% evidence | 5.1/20 RS sector -14% · RS bench -17.8% · 1Y -35.5%0 of 9 weeks ahead 70% evidence |
| Exact sum: 18.6 + 11 + 9.8 + 5.1 = 44.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Shree Cement LtdSHREECEM | 44.2/100Mixed-negative evidence100% evidence | ASLEEP | 15.4/35 Revenue 12.6% · PAT 9.9% · OPM change -5 pp 100% evidence | 13.3/25 ROCE 10.3% · OPM 20% 100% evidence | 9.5/20 P/E 50× · PEG 0.96 100% evidence | 6.0/20 RS sector -4.1% · RS bench -12.1% · 1Y -24.9%3 of 12 weeks ahead 100% evidence |
| Exact sum: 15.4 + 13.3 + 9.5 + 6 = 44.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16India Cements LtdINDIACEM | 44.1/100Mixed-negative evidence75% evidence | ASLEEP | 21.0/35 Revenue 7% · PAT 100% · OPM change 7 pp 74% evidence | 3.7/25 ROCE 1.2% · OPM 15% 100% evidence | 6.3/20 P/E 79.6× · PEG — 50% evidence | 13.1/20 RS sector 20% · RS bench -12% · 1Y -12.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 21 + 3.7 + 6.3 + 13.1 = 44.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17ACC LtdACC | 42.6/100Mixed-negative evidence94% evidence | BASING | 9.4/35 Revenue 11.6% · PAT -21.1% · OPM change -5 pp 100% evidence | 9.8/25 ROCE 11.2% · OPM 8% 100% evidence | 16.8/20 P/E 12.3× · PEG 0.92 100% evidence | 6.6/20 RS sector -6.7% · RS bench -18.5% · 1Y -31.8%0 of 10 weeks ahead 70% evidence |
| Exact sum: 9.4 + 9.8 + 16.8 + 6.6 = 42.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 18K C P LtdKCP | 42.6/100Mixed-negative evidence81% evidence | BASING | 7.8/35 Revenue 6.5% · PAT -17.1% · OPM change -8 pp 95% evidence | 14.3/25 ROCE 12.2% · OPM 8% 95% evidence | 13.2/20 P/E 11.8× · PEG — 50% evidence | 7.3/20 RS sector -14% · RS bench -3.9% · 1Y -20.3%1 of 11 weeks ahead 70% evidence |
| Exact sum: 7.8 + 14.3 + 13.2 + 7.3 = 42.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 19Shiva Cement LtdSHIVACEM | 41.0/100Thin evidence · provisional58% evidence | 23.0/35 Revenue 49.5% · PAT 22.5% · OPM change 13.9 pp 71% evidence | 4.5/25 ROCE -1.4% · OPM 12% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.5/20 RS sector -27.5% · RS bench -20.8% · 1Y -44.7%0 of 12 weeks ahead 70% evidence | |
| Exact sum: 23 + 4.5 + 10 + 3.5 = 41 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20The Ramco Cements LtdRAMCOCEM | 40.6/100Mixed-negative evidence94% evidence | BASING | 18.3/35 Revenue 8.6% · PAT 100% · OPM change -6 pp 100% evidence | 9.2/25 ROCE 6.1% · OPM 13% 100% evidence | 1.1/20 P/E 107× · PEG 4.14 100% evidence | 12.0/20 RS sector 11.1% · RS bench -11.1% · 1Y -19%0 of 10 weeks ahead 70% evidence |
| Exact sum: 18.3 + 9.2 + 1.1 + 12 = 40.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21Ambuja Cements LtdAMBUJACEM | 40.0/100Mixed-negative evidence82% evidence | BASING | 10.6/35 Revenue 7.1% · PAT -5.9% · OPM change -2 pp 95% evidence | 11.0/25 ROCE 5.6% · OPM 17% 76% evidence | 12.4/20 P/E 20.7× · PEG — 50% evidence | 6.0/20 RS sector -10.3% · RS bench -17.9% · 1Y -30.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 10.6 + 11 + 12.4 + 6 = 40 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Deccan Cements LtdDECCANCE | 39.5/100Mixed-negative evidence80% evidence | TURNING | 13.9/35 Revenue 39.4% · PAT -48.2% · OPM change -10.8 pp 95% evidence | 7.4/25 ROCE 3.3% · OPM 7.7% 95% evidence | 9.9/20 P/E 28.1× · PEG — 15% evidence | 8.3/20 RS sector -10.4% · RS bench -18.5% · 1Y -47%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13.9 + 7.4 + 9.9 + 8.3 = 39.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23Sagar Cements LtdSAGCEM | 35.9/100Mixed-negative evidence72% evidence | ASLEEP | 20.0/35 Revenue 13.4% · PAT 79.7% · OPM change -8 pp 95% evidence | 5.0/25 ROCE 2% · OPM 10% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 0.9/20 RS sector -16.6% · RS bench -23.7% · 1Y -50.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20 + 5 + 10 + 0.9 = 35.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24BIGBLOC Construction LtdBIGBLOC | 34.2/100Adverse evidence72% evidence | BASING | 18.6/35 Revenue 33.5% · PAT 11.3% · OPM change 5.6 pp 71% evidence | 6.0/25 ROCE 1.9% · OPM 7.9% 95% evidence | 8.5/20 P/E 344× · PEG — 15% evidence | 1.1/20 RS sector -15.2% · RS bench -22.3% · 1Y -33.1%1 of 12 weeks ahead 100% evidence |
| Exact sum: 18.6 + 6 + 8.5 + 1.1 = 34.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25Saurashtra Cement LtdSAURASHCEM | 34.1/100Adverse evidence80% evidence | ASLEEP | 14.5/35 Revenue 7.9% · PAT -52.1% · OPM change -3.7 pp 95% evidence | 5.2/25 ROCE 2.5% · OPM 4.5% 95% evidence | 9.4/20 P/E 38× · PEG — 15% evidence | 5.0/20 RS sector -15.8% · RS bench -23.5% · 1Y -53.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 14.5 + 5.2 + 9.4 + 5 = 34.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 26Shree Digvijay Cement Co. LtdSHREDIGCEM | 32.1/100Adverse evidence81% evidence | BASING | 11.9/35 Revenue 19.6% · PAT -35% · OPM change -3.5 pp 95% evidence | 8.4/25 ROCE 6.4% · OPM 8.7% 95% evidence | 5.5/20 P/E 56.3× · PEG — 50% evidence | 6.3/20 RS sector -12.4% · RS bench -10.6% · 1Y -24.1%1 of 10 weeks ahead 70% evidence |
| Exact sum: 11.9 + 8.4 + 5.5 + 6.3 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Rain Industries Ltd's share price today?
Rain Industries Ltd trades at ₹216, +55.8% over the past year. The company is valued at ₹7,264 Cr. The stock sits at 92% of its 52-week range of ₹105–₹225, +23.8% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 15 weeks in. — as of 11 September 2026.
What were Rain Industries Ltd's latest quarterly results?
Rain Industries Ltd reported revenue of ₹5,167 Cr and net profit of ₹341 Cr for the Jun 26 quarter. Revenue rose 17.4% and profit rose 310.8% year on year. Earnings per share were ₹8.81. The operating margin was 19.0%, 5.0 pp higher than a year earlier. — as of 11 September 2026.
What is Rain Industries Ltd's revenue?
Rain Industries Ltd reported revenue of ₹5,167 Cr in the Jun 26 quarter, +17.4% year on year. For the full FY25 fiscal year, revenue was ₹16,946 Cr (+10.2%). Over the last 10 years revenue compounded at 5.2% a year. — as of 11 September 2026.
What is Rain Industries Ltd's profit?
Rain Industries Ltd earned ₹341 Cr of net profit in the Jun 26 quarter, +310.8% year on year. Full-year FY25 profit was ₹136 Cr. The operating margin ran 19.0% in the latest quarter. — as of 11 September 2026.
What is Rain Industries Ltd's market cap?
Rain Industries Ltd's market capitalisation is ₹7,264 Cr at a share price of ₹216. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Rain Industries Ltd's P/E ratio?
Rain Industries Ltd trades at a P/E of 13.5×, at the 80th percentile of its own 11-year range, against a long-run median of 8.5×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Rain Industries Ltd pay a dividend?
Yes — Rain Industries Ltd's dividend payout was 79% of profit in FY25, and it recorded a payout in 11 of its last 13 reported fiscal years. 2 of those years show a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is Rain Industries Ltd overvalued?
On its own history, Rain Industries Ltd looks expensive: its P/E of 13.5× sits at the 80th percentile of its 11-year range (long-run median 8.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Rain Industries Ltd growing?
Yes — Rain Industries Ltd is growing: latest-quarter revenue +17.4% year on year, profit +310.8%, and the margin +5.0 pp at 19.0%. The 10-year compound rates are 5.2% (revenue) and −7.7% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is Rain Industries Ltd performing?
Rain Industries Ltd is in a confirmed uptrend, 15 weeks in. Its latest quarter's revenue rose 17.4% and profit rose 310.8% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
Is Rain Industries Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 15 of stage 2), trading +23.8% versus its 200-day average and at 92% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Rain Industries Ltd beating the market?
On recent form, yes — Rain Industries Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +620% against the NIFTY 500's +273% — ahead of the index over the full window. — as of 11 September 2026.
Will Rain Industries Ltd's share price go up?
This page publishes no price forecast for Rain Industries Ltd. What it measures instead: the share price is ₹216, the price is in a confirmed uptrend 15 weeks in. Its P/E of 13.5× sits at the 80th percentile of its own 11-year range. — as of 11 September 2026.
Who owns Rain Industries Ltd?
Promoters hold 41.4% of Rain Industries Ltd, foreign institutions 8.0%, domestic institutions 2.7% and the public 47.6% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.
Does Rain Industries Ltd have too much debt?
It carries real leverage — Rain Industries Ltd's debt-to-equity is 1.32, and operating profit covers the interest bill 2×. FY25 borrowings were ₹9,824 Cr against equity of ₹7,449 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.
What is Rain Industries Ltd's capex?
Rain Industries Ltd spent ₹2,940 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹2,144 Cr, with ₹336 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Rain Industries Ltd's cash flow?
Rain Industries Ltd generated ₹897 Cr of operating cash flow in FY25 and ₹−1,247 Cr of free cash flow after ₹2,144 Cr of capital spending. Reported profit that year was ₹136 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Rain Industries Ltd's profit real cash?
Yes — over the last 3 fiscal years, 115% of Rain Industries Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹897 Cr against reported profit of ₹136 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is Rain Industries Ltd in its business cycle?
Rain Industries Ltd's FY25 operating margin was 13.0%, against a 13-year band of 5.0%–20.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 19.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Rain Industries Ltd's price assume?
At its price on 13 June 2026, Rain Industries Ltd was priced for profit growth of about 10.6% a year. Profit itself has compounded −7.7% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Rain Industries Ltd story?
The sharpest disagreement: the engine is strong, but at the 80th percentile of its own range you are paying full price for it. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Rain Industries Ltd a stock worth studying right now?
This is not investment advice. The machine read: Rain Industries Ltd is strength at full price. The numbers are improving — and a P/E at the 80th percentile of its own range says the market knows. The sharpest open question: whether the earnings grow into the multiple. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!