• Debt repayment plan: Rajputana Stainless plans to utilize listing proceeds to bring its current debt of approximately 100 crore to net zero, significantly reducing finance costs by the end of 2026.
• Steel dumping exposure: The company faces no dumping threat in its core stainless steel long products segment due to domestic cost competitiveness, as cheap imports are largely confined to flat products.
• Global demand outlook: While export demand remains stagnant at present, management anticipates a sharp increase from European and US markets in the coming months, supported by strong ongoing domestic demand.
• Margin expansion strategy: To improve margins beyond the current 8% to 9% range, the company is entering the B2C seamless pipe market to sell directly to end users.
• Five-year growth vision: The company plans to double its production capacity over the next five years and expand its offerings into high-value sectors such as aerospace, defense, and oil and gas.