Raasi Refractories Ltd Stock Price Today (NSE: RASSIREF)
Fundamental Score
Raasi Refractories Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Raasi Refractories Ltd share price today is ₹14.43, up +0.00% on NSE/BSE as of 19 June 2026. Raasi Refractories Ltd (RASSIREF) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹10.54 (Cr). The 52-week high for RASSIREF share price is ₹30.68 and the 52-week low is ₹13.75. At a P/E ratio of 2.44x, RASSIREF is currently trading below its industry average P/E of 33.94x.
Raasi Refractories Ltd Share Price Chart — NSE/BSE Historical Performance
Raasi Refractories Ltd share price chart: -13.79% return over the past month. 52-week high ₹30.68, 52-week low ₹13.75.
Raasi Refractories Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹14.43 | ₹14.43 | ₹14.43 | ₹14.43 | 300.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) | |
| ₹13.75 | ₹13.75 | ₹13.75 | ₹13.75 | 0.00 (Cr) |
Raasi Refractories Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹14.43 | ₹14.43 | ₹14.43 | ₹14.43 | +0.00% | |
| ₹15.95 | ₹15.95 | ₹13.75 | ₹13.75 | -13.79% | |
| ₹16.79 | ₹16.79 | ₹15.95 | ₹15.95 | -5.00% | |
| ₹18.80 | ₹18.80 | ₹16.79 | ₹16.79 | -10.69% | |
| ₹21.45 | ₹21.52 | ₹19.48 | ₹19.56 | -8.81% | |
| ₹20.20 | ₹22.50 | ₹19.19 | ₹22.50 | +11.39% | |
| ₹22.38 | ₹22.38 | ₹19.21 | ₹20.20 | -9.74% | |
| ₹27.23 | ₹27.23 | ₹23.55 | ₹23.55 | -13.51% | |
| ₹28.66 | ₹28.66 | ₹28.66 | ₹28.66 | +0.00% | |
| ₹26.00 | ₹28.66 | ₹26.00 | ₹28.66 | +10.23% | |
| ₹30.59 | ₹30.59 | ₹26.60 | ₹26.60 | -13.04% | |
| ₹29.22 | ₹30.68 | ₹26.44 | ₹29.14 | -0.27% |
AI Research Briefing
Powered by Gemini · 2026-04-08
Micro-cap 'value' trap with promoter pledging near 100% and a history of value destruction.
WHAT'S HAPPENING NOW
Raasi Refractories has been under pressure, repeatedly hitting 52-week lows in the last few weeks. The stock is currently 45.3% down from its 52-week high.
CORE STORY
Raasi Refractories is a micro-cap industrial play a deep discount to its industry P/E, but with significant red flags.
- Deep valuation discount to industry P/E
- Recent quarterly profit growth
- Debt-free balance sheet
- Significant order win
- Reduction in promoter pledging
- Industry tailwinds
- Micro-cap: liquidity risk
- Promoter pledging: 99.82%
- Negative sales and profit CAGR over 5 years
FII and DII holdings are negligible. Promoter holding is high but significantly pledged.
Industrial sector showing some positive signs, but Raasi's micro-cap status makes it vulnerable to broader market volatility.
Profitable, with ₹26.67 Cr free cash flow over 5 years, but inconsistent growth raises concerns.
If Raasi can secure new orders and reduce promoter pledging, there's potential for a turnaround. However, the current trajectory suggests further downside risk.
Primary Thesis Risk
Promoter pledging will crush this stock.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Raasi Refractories Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Raasi Refractories Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of RASSIREF across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Attractive Valuation (P/E: 2.44 vs Industry: 33.94)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (544.44%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (33.53%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Strong Cash Generation (₹26.67 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (50.74%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
6 factors identified
Limited Growth History (-5.82% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-40.53% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-40.53% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Limited Institutional Interest (FII+DII: 0.04%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
High Share Pledging Risk (99.82%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Raasi Refractories Ltd vs Industrial Products Peers
Peer Comparison - Industrial Products
Compare Raasi Refractories Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Raasi Refractories LtdRaasi Refractor...Selected✓ RASSIREF • 502271 | 28.6/100 | ₹14.43₹14 | ₹10.54₹10.54 | 2.44Average 2.4 Average | — — | 13.63%Average 13.63% Average | — — | -40.53%Poor -40.53% Poor | -5.82%Poor -5.82% Poor | 0.00% |
Kaynes Technology India LtdKaynes Technolo... KAYNES • 543664 | 67.3/100 | ₹3229.60₹3230 | ₹35916.60₹35916.60 | 94.85Average 94.8 Average | 10.74%Average 10.74% Average | 14.28%Average 14.28% Average | 0.19Excellent 0.2 Excellent | 95.23%Excellent 95.23% Excellent | 49.23%Excellent 49.23% Excellent | 0.00% |
Honeywell Automation India LtdHoneywell Autom... HONAUT • 517174 | 45/100 | ₹36180.00₹36180 | ₹31265.45₹31265.45 | 60.58Average 60.6 Average | 13.70%Average 13.70% Average | 18.40%Good 18.40% Good | 0.02Excellent 0.0 Excellent | 1.27%Average 1.27% Average | 4.95%Average 4.95% Average | 0.30% |
Jyoti CNC Automation LtdJyoti CNC Autom... JYOTICNC • 544081 | 63.3/100 | ₹656.95₹657 | ₹22333.05₹22333.05 | 64.52Average 64.5 Average | 21.16%Excellent 21.16% Excellent | 24.35%Excellent 24.35% Excellent | 0.40Excellent 0.4 Excellent | 42.76%Excellent 42.76% Excellent | 21.49%Excellent 21.49% Excellent | 0.00% |
Aditya Infotech LimitedAditya Infotech... CPPLUS • 544466 | 48.5/100 | ₹2639.60₹2640 | ₹17963.45₹17963.45 | 91.26Average 91.3 Average | 20.87%Excellent 20.87% Excellent | 19.49%Good 19.49% Good | 0.08Excellent 0.1 Excellent | 54.52%Excellent 54.52% Excellent | 20.24%Excellent 20.24% Excellent | 0.00% |
Lakshmi Machine Works LimitedLakshmi Machine... LMW • 500252 | 43.3/100 | ₹15997.00₹15997 | ₹16059.39₹16059.39 | 133.53Average 133.5 Average | 3.04%Poor 3.04% Poor | 4.48%Poor 4.48% Poor | 0.00Excellent 0.0 Excellent | 26.84%Excellent 26.84% Excellent | 13.85%Good 13.85% Good | 0.20% |
Syrma SGS Technology LtdSyrma SGS Techn... SYRMA • 543573 | 54/100 | ₹1053.80₹1054 | ₹15669.49₹15669.49 | 68.23Average 68.2 Average | 9.45%Poor 9.45% Poor | 11.67%Average 11.67% Average | 0.12Excellent 0.1 Excellent | 12.24%Good 12.24% Good | 34.44%Excellent 34.44% Excellent | 0.18% |
Tega Industries LtdTega Industries... TEGA • 543413 | 60.90000000000001/100 | ₹1599.70₹1600 | ₹12879.94₹12879.94 | 54.47Average 54.5 Average | 15.47%Good 15.47% Good | 17.80%Good 17.80% Good | 0.21Excellent 0.2 Excellent | 24.79%Excellent 24.79% Excellent | 19.06%Excellent 19.06% Excellent | 0.10% |
Lloyds Engineering Works LtdLloyds Engineer... LLOYDSENGG • 539992 | 0/100 | ₹78.11₹78 | ₹7137.25₹7137.25 | 52.48Average 52.5 Average | — — | — — | 0.16Excellent 0.2 Excellent | — — | — — | 0.48% |
Dynamatic Technologies LtdDynamatic Techn... DYNAMATECH • 505242 | 23.6/100 | ₹10668.00₹10668 | ₹6280.97₹6280.97 | 176.13Average 176.1 Average | 6.21%Poor 6.21% Poor | 8.96%Poor 8.96% Poor | 0.78Good 0.8 Good | 1.91%Average 1.91% Average | 2.68%Average 2.68% Average | 0.02% |
Praj Industries LtdPraj Industries... PRAJIND • 522205 | 42.7/100 | ₹383.80₹384 | ₹5811.25₹5811.25 | 55.07Average 55.1 Average | 14.08%Average 14.08% Average | 17.92%Good 17.92% Good | 0.16Excellent 0.2 Excellent | 23.08%Excellent 23.08% Excellent | 23.97%Excellent 23.97% Excellent | 1.90% |
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Raasi Refractories Ltd PE Ratio History
Historical price-to-earnings ratio for RASSIREF — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹0.63 | ₹23.80 | 37.8x |
| FY 2023 | ₹1.83 | ₹21.72 | 11.9x |
| FY 2022 | ₹2.44 | ₹8.22 | 3.4x |
| FY 2021 | ₹0.75 | ₹13.67 | 18.2x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Raasi Refractories Ltd Quarterly Performance
Latest quarterly metrics for RASSIREF — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
33.53%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
544.44%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
-5.82%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-40.53%
Compounded annual net profit growth over 5 years
Raasi Refractories Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for RASSIREF — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Raasi Refractories Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Raasi Refractories Ltd (RASSIREF) — sourced from NSE/BSE filings.
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About RASSIREF (Raasi Refractories Ltd)
Raasi Refractories Ltd is a cornerstone in India's industrial landscape, specializing in the intricate art and science of refractory materials. They are manufacturers of high-tempe...rature containment solutions, essential to industries dealing with extreme heat environments. Raasi's expertise lies in crafting a diverse portfolio of refractory products, meticulously designed to withstand corrosive slags and intense thermal stress. These critical components line the furnaces, kilns, and reactors that drive industries such as steel, cement, glass, and petrochemicals. They stand as guardians of efficiency, minimizing energy loss and extending the lifespan of essential equipment. The company's product range is a testament to its commitment to innovation and adaptability. Raasi Refractories offers a tailored selection of solutions, extending from traditional refractory bricks to advanced monolithic materials. Specific offerings include custom crafted, high alumina, zircon, and silica products designed to meet demanding industry requirements. The engineering teams have developed specialty items like porous plugs and high-performance nozzles which are essential to specific industrial production lines. They meticulously formulate and manufacture each product to deliver optimal thermal insulation, structural integrity, and chemical resistance, ensuring reliable performance in challenging operational conditions. Raasi Refractories' dedication extends beyond merely providing products; they see themselves as partners in their customers' success. They prioritize quality assurance and precision manufacturing, adhering to stringent industry standards. They recognize that every installation of refractory materials is essential, and that quality contributes to safety, productivity, and sustainability. This ethos of collaboration and technical expertise has solidified Raasi's position as a trusted provider, enabling the continued growth and efficiency of vital industrial sectors across India.
Company Details
Key Leadership
RASSIREF Share Price: Frequently Asked Questions
What is the current share price of Raasi Refractories Ltd?
Raasi Refractories Ltd (RASSIREF) trades at ₹14.43 on NSE and BSE. Market cap ₹10.54 (Cr). Educational data only.
What is the P/E ratio of Raasi Refractories Ltd?
Raasi Refractories Ltd has a P/E of 2.44x vs industry average 33.94x.
What is the Bull Run score for Raasi Refractories Ltd?
Raasi Refractories Ltd has a Bull Run score of 28.6/100 based on 25+ financial parameters.
Does Raasi Refractories Ltd pay dividends?
Raasi Refractories Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Raasi Refractories Ltd?
Raasi Refractories Ltd has ROE of N/A. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Raasi Refractories Ltd?
Raasi Refractories Ltd has debt-to-equity of N/A.
Is Raasi Refractories Ltd a good investment?
Bull Run gives Raasi Refractories Ltd a score of 28.6/100. This is not investment advice — consult a SEBI-registered advisor.