DRHP Status : Not Filed
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| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 368 | 360 | 457 | 411 |
| Cost of Material Consumed | 407 | 324 | 448 | 326 |
| Change in Inventory | -61 | 13 | -30 | 45 |
| Gross Margins | -10.6 | 10 | 8.53 | 9.73 |
| Employee Benefit Expenses | 3 | 2 | 2.62 | 4 |
| Other Expenses | 3 | 4 | 6 | 6 |
| EBITDA | 16 | 17 | 30.38 | 30 |
| OPM | 4.35 | 4.72 | 6.65 | 7.3 |
| Other Income | 0 | 4 | 4 | 4 |
| Finance Cost | 11 | 10 | 21 | 14 |
| D&A | 2 | 3 | 3 | 5 |
| EBIT | 14 | 14 | 27.38 | 25 |
| EBIT Margins | 3.8 | 3.89 | 5.99 | 6.08 |
| PBT | 4 | 8 | 10.71 | 15 |
| PBT Margins | 1.09 | 2.22 | 2.34 | 3.65 |
| Tax | 1 | 2 | 2.67 | 4 |
| PAT | 3 | 6 | 8.04 | 11 |
| NPM | 0.82 | 1.67 | 1.76 | 2.68 |
| EPS | 1.04 | 2.07 | 2.05 | 2.51 |
Financial Ratios |
2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 4.35 | 4.72 | 6.65 | 7.3 |
| Net Profit Margin | 0.82 | 1.67 | 1.76 | 2.68 |
| Earning Per Share (Diluted) | 1.04 | 2.07 | 2.05 | 2.51 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 21 | 20 | 44 | 49 |
| CWIP | 0 | 0 | 0 | 20 |
| Investments | 0 | 2 | 2 | 0 |
| Trade Receivables | 23 | 39 | 41 | 146 |
| Inventory | 110 | 97 | 127 | 86 |
| Other Assets | 78 | 72 | 65 | 51 |
| Total Assets | 232 | 230 | 279 | 352 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 28.8 | 28.95 | 39.27 | 43.77 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 10 | 17 | 104 | 159 |
| Borrowings | 0 | 0 | 36 | 58 |
| Trade Payables | 0 | 0 | 0 | 69 |
| Other Liabilities | 193.2 | 184.05 | 100 | 22.23 |
| Total Liabilities | 232 | 230 | 279.27 | 352 |
RKB Global Limited is an established, over 90-year-old entity (incorporated 2013, origins 1932) specializing in manufacturing and trading steel products, including roofing sheets, pipes, and wires. Headquartered in Mumbai, it operates manufacturing units in Maharashtra and Gujarat. As of early 2026, its unlisted shares trade around ₹107-₹120
The following table shows a 10-point analysis of RKB Global Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Incorporated 2013 | A steel products manufacturing and trading company with legacy roots in the metal business. |
| Industry | Steel · Building Materials | Operates in a cyclical industry linked to infrastructure, construction, and industrial demand. |
| Core Products | Roofing sheets · GI coils · MS pipes · Wires | Diversified steel product portfolio catering to multiple end-use industries. |
| Business Model | Manufacturing + Trading | Combines trading legacy with manufacturing expansion to improve margins. |
| Manufacturing | Facilities in Maharashtra & Gujarat | Integrated operations with capacity utilization around 65% (FY23). |
| Revenue | ₹360 Cr (FY23) | Stable revenue base with consistent operations in steel trading and manufacturing. |
| Profitability | ₹5.45 Cr PAT (FY23) | Gradual improvement in profitability driven by operational efficiencies. |
| EBITDA | ₹17+ Cr (FY23) | Improving operating margins with scale and manufacturing contribution. |
| Capital Base | Paid-up capital ₹43.77 Cr | Adequate capital structure to support operations and expansion. |
| Outlook | Moderate growth | Growth linked to infrastructure demand and steel price cycles. |
Company Overview
(i) RKB Global Limited is a steel products manufacturer and trader, engaged in supplying a wide range of building and industrial steel materials.
(ii) The company was incorporated in 2013, though its business roots trace back to earlier trading operations, and is headquartered in Maharashtra.
(iii) Its product portfolio includes galvanized sheets, roofing materials, MS pipes, wire rods, and fabricated steel products, catering to infrastructure and construction sectors.
(iv) The company transitioned from a pure trading business to manufacturing in FY21, improving margins and strengthening its value chain.
(v) With manufacturing facilities and a distribution network across multiple Indian cities, the company operates as a mid-sized integrated steel solutions provider.
Here are some highlights of the financial performance of RKB Global Limited over the past few years.
• Revenue from operations stood at ₹360 crore
• EBITDA stood at ₹17.42 crore
• Profit after tax reported at ₹5.45 crore
• Stable performance with gradual margin improvement
• Revenue from operations stood at ₹368.39 crore
• Profit after tax reported at ₹2.52 crore
• Lower profitability due to cost pressures
• Revenue from operations stood at ₹384.92 crore
• Profit after tax reported at ₹2.90 crore
• Early stage of manufacturing transition
Quick Summary
RKB Global Limited is a mid-sized steel manufacturing and trading company with a transition towards higher-margin manufacturing operations. The company has shown stable revenues and gradual improvement in profitability, but remains exposed to steel price cycles, working capital intensity, and margin pressures, making it a moderate-risk investment.
Click here to visit the official website of RKB Global Limited.
Given below are the active promoters of the company:
| Name | Designation | Linkedin Profile |
|---|---|---|
| Virat Sevantilal Shah | Chairman | Profile Link |
| Alok Virat Shah | Managing Director | Profile Link |
| Shruti Sudhakar Sawant | Director | - |
| Name | Holding |
|---|---|
| Promoters | 64.57% |
| Public | 35.43% |
| Name | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| Virat Shah | Chairman | 30+ | ![]() |
| Alok Shah | Managing Director | 14+ | ![]() |
These are equity shares of the company that are not listed on NSE or BSE and are traded privately.
Yes, these shares can be purchased through private market platforms, subject to availability.
Yes, a demat account is required to hold these unlisted shares.
The company operates in a cyclical steel industry with improving fundamentals, but margin volatility and working capital risks make it a moderate-risk investment.
Yes, these shares can be sold in the secondary market depending on buyer availability.
Yes, as per SEBI regulations, pre-IPO investors are subject to a six-month lock-in period after listing.
If held for more than two years, gains are taxed at 20% with indexation; otherwise taxed as per income slab.