Rajputana Stainless (NSE:RSL) Scaled Net Operating Assets: 0.61 (As of Mar. 2026)

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NSE:RSL Rajputana Stainless Ltd NSE:RSL
18 GF Score
Price ₹152.72
! 2 Warning Signs
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What is Rajputana Stainless Scaled Net Operating Assets?

Rajputana Stainless NSE:RSL -0.09% 18 Scaled Net Operating Assets is 0.61 as of Mar. 2026. GuruFocus rates NSE:RSL with a GF Score™ of 18/100. The stock has 2 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.

Rajputana Stainless's operating assets for the quarter that ended in Mar. 2026 was ₹4,398 Mil. Rajputana Stainless's operating liabilities for the quarter that ended in Mar. 2026 was ₹1,681 Mil. Rajputana Stainless's Total Assets for the quarter that ended in Sep. 2025 was ₹4,488 Mil. Therefore, Rajputana Stainless's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.61.


Rajputana Stainless Scaled Net Operating Assets Historical Data

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The historical data trend for Rajputana Stainless'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.

Rajputana Stainless Scaled Net Operating Assets Chart

Rajputana Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.42 0.65 0.77 0.65

Rajputana Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Scaled Net Operating Assets 0.42 0.65 0.77 0.61 0.61

NSE:RSL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Rajputana Stainless'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.


Rajputana Stainless Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Rajputana Stainless's Scaled Net Operating Assets distribution charts can be found below:

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


NSE:RSL
18GF Score
Rajputana Stainless Ltd NSE:RSL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajputana Stainless 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.

Rajputana Stainless's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(4398.375-1681.162)/4203.579
=0.65

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6002.454 - 1604.079
=4398.375

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2369.47 - 26.807 - 661.501
=1681.162

Rajputana Stainless's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(4398.375-1681.162)/4487.987
=0.61

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6002.454 - 1604.079
=4398.375

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2369.47 - 26.807 - 661.501
=1681.162

* 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 0.61 mean?
Rajputana Stainless (NSE:RSL) has a Scaled Net Operating Assets of 0.61 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rajputana Stainless and its competitors.
Is Rajputana Stainless' Scaled Net Operating Assets too high?
Rajputana Stainless' current Scaled Net Operating Assets is 0.61. Overall, Rajputana Stainless has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rajputana Stainless' Scaled Net Operating Assets compare to NUE and STLD?
Rajputana Stainless' Scaled Net Operating Assets of 0.61 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Rajputana Stainless and its competitors. Rajputana Stainless's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajputana Stainless stock overvalued right now?
Rajputana Stainless (NSE:RSL) has a current Scaled Net Operating Assets of 0.61. The current Scaled Net Operating Assets is 0.61. Rajputana Stainless' overall GF Score™ is 18/100 with 2 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 Rajputana Stainless (NSE:RSL), the current Scaled Net Operating Assets is 0.61 as of Mar. 2026. 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.

Rajputana Stainless Business Description

Other Exchanges 544731:India
Address Halol Kalol Road, 213, Madhwas, Taluka Kalol, Panchmahal District, Panchmahal, GJ, IND, 389330
Rajputana Stainless Ltd is engaged in the business of manufacturing long and flat stainless-steel products comprising billets, forging ingots, rolled black bar, rolled bright bar, flat & patti, and other ancillary products under the brand name of RSL. Its products are used across a diverse range of industries, including bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensil manufacturing, pump and shaft, and the auto industry. The company operates in domestic as well as international markets, including Turkey, UAE, Poland, Portugal, USA, South Africa, South Korea, Czech Republic, and Kuwait. The majority of its revenue is derived from the sale of its products in the domestic market.
18GF Score

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