Rain Industries (NSE:RAIN) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)


NSE:RAIN Rain Industries Ltd NSE:RAIN
62 GF Score
Price ₹207.05
GF Value ₹154.12
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Rain Industries Scaled Net Operating Assets?

Rain Industries NSE:RAIN +1.32% 62 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates NSE:RAIN with a GF Score™ of 62/100 and a GF Value™ of ₹154.12 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rain Industries's operating assets for the quarter that ended in Dec. 2025 was ₹192,710 Mil. Rain Industries's operating liabilities for the quarter that ended in Dec. 2025 was ₹32,450 Mil. Rain Industries's Total Assets for the quarter that ended in Dec. 2024 was ₹189,369 Mil. Therefore, Rain Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.


Rain Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rain Industries's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rain Industries Scaled Net Operating Assets Chart

Rain Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.91 0.64 0.67 0.85

Rain Industries Semi-Annual Data
Mar06 Mar07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:RAIN vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Rain Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rain Industries Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rain Industries's Scaled Net Operating Assets falls into.


NSE:RAIN
62GF Score
Rain Industries Ltd NSE:RAIN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rain Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rain Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(192710.2-32449.76)/189368.71
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=207597.67 - 14887.47
=192710.2

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=130690.17 - 78204.63 - 20035.78
=32449.76

Rain Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(192710.2-32449.76)/189368.71
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=207597.67 - 14887.47
=192710.2

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=130690.17 - 78204.63 - 20035.78
=32449.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.85 mean?
Rain Industries (NSE:RAIN) has a Scaled Net Operating Assets of 0.85 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rain Industries and its competitors.
Is Rain Industries' Scaled Net Operating Assets too high?
Rain Industries' current Scaled Net Operating Assets is 0.85. Overall, Rain Industries has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rain Industries' Scaled Net Operating Assets compare to LIN and SHW?
Rain Industries' Scaled Net Operating Assets of 0.85 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rain Industries and its competitors. Rain Industries's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rain Industries stock overvalued right now?
Based on GuruFocus' analysis, Rain Industries (NSE:RAIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹154.12, compared to a current price of ₹207.05 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. Rain Industries' overall GF Score™ is 62/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Rain Industries (NSE:RAIN), the current Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rain Industries (NSE:RAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Rain Industries stock appears to be overvalued. The current stock price of ₹207.05 is trading 34.3% above its estimated GF Value™ of ₹154.12. GuruFocus considers Rain Industries to be Significantly Overvalued.

Key valuation signals for NSE:RAIN:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: ₹154.12 vs. price of ₹207.05 (34.3% above fair value)
  • GF Score™: 62/100 with 12 warning signs

No single metric tells the full story. See the NSE:RAIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rain Industries Business Description

Other Exchanges 500339:India
Address 34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073
Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advance Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy, and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.
62GF Score

Get the complete analysis for NSE:RAIN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹207.05
Price
₹154.12
GF Value