Live Rain Industries Share Price Chart

O 172

H 172

L 172

VOL 4499

Rain Industries Performance

Days Range

Low: ₹169.60
High: ₹173.90
Previous Close ₹172.90
Open ₹172.00
Volume 29,45,026
Day’s Range ₹169.60 - ₹173.90
52W Range ₹140.25 - ₹219.60
Market Cap ₹5,815.49 Cr

Rain Industries Fundamentals

ROCE (TTM) 2.1
P/E Ratio (TTM) -6.2
P/B Ratio 0.79
Industry P/E 29.48
Debt to Equity 1.18
ROE -12.7736
Dividend Yield 0.58
Book Value 218.3
Face Value 2

Rain Industries Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales5,253.494,627.154,160.264,100.58
Profit before tax203.03313.48-19.54-979.37
Operating Profit141.88206.54-65.75-1,078.87
Net Profit141.88206.54-65.75-1,078.87
EPS in Rs3.134.93-2.68-33.26

About Rain Industries


Rain Industries Ltd, erstwhile Rain Commodities Ltd (RCL), was incorporated on March 15, 1974. In 1986, RCL was listed on a public exchange. The company came under the special provisions for sick Industrial companies in 1990. RCL commissioned its first ready-mix concrete plant in Hyderabad in December 1999.

In 2013, the company’s name was changed to Rain Industries Ltd. In 2016, Rain Industries set up its fourth Coal Tar Distillation plant in Cherepovets, Russia, via a joint venture with PAO Severstal, Russia. In 2016, RAIN Group established a CPC blending centre in Vishakapatnam. In 2017, it began construction of a vertical-shaft calcination plant in a Special Economic Zone in Visakhapatnam to enable the production of high-density CPC. In 2019, the company announced the production of anhydrous carbon pellets (ACP), a proprietary product, to mitigate the risk of reduced anode-grade GPC supply. In 2019, the company formed a new business segment, Advanced Materials, to expand the by-products pool of coal tar and petrochemical feedstock distillation activities.

In 2020, it commissioned a new facility in Germany to produce ‘water-white’ resins for adhesives and hygiene-product applications. Similarly, it continued to build on the PETRORESr speciality coatings for electric vehicles and lithium-ion battery markets with the introduction of LIONCOAT product, and proprietary NOVARESr resins are playing an important role in improved fuel economy and driving safety when used in tyre applications.

In FY 2021, the company commissioned the vertical-shaft calciner plant in Atchutapuram and completed its first sale of CPC. This new plant allows for a higher percentage of green petroleum coke raw material to be converted into CPC. In 2021, it opened a rubber lab in Duisburg, Germany and commissioned a ground-mounted, 1 MW solar plant in Suryapet. 

In 2021, the company expanded the production capacity for PETRORES and LIONCOAT carbon precursors for the rechargeable lithium battery market. In 2021, an improved fresh-lime injection system was installed at the Norco site to improve SO2-scrubbing efficiency. In 2022, the company introduced new products like NOVARES TM 85 AS and TM 100 AS for use in tyres, coatings, and adhesive applications, NOVARES Pure Series of hydrogenated hydrocarbon resins and switched to petro-based indene fractions for resin production.

Business Segments

The company has the following 3 primary business segments:

  1. Carbon – The company produces carbon products, including Calcined Petroleum Coke (CPC), Coal Tar Pitch (CTP), and Green Petroleum Coke (GPC). It also produces energy obtained in the Waste-Heat Recovery (WHR) process and other derivatives of coal tar distillation, including creosote oil, naphthalene, phthalic anhydride and others. In CY 2022, this segment brought in around 74% of the total revenue.
  2. Advanced Materials – RIL’s NOVARES resins help enhance the resistive ability of paints and coatings, including reduced moisture absorption, improved condensation resistance, high heat resistance and high film strength, and abrasion resistance. This segment brought in 19% of the total revenues of the company in CY 2022.
  3. Cement – The company produces various types of cement, around 75% of which is Portland Pozzolana Cement (PPC), which consists of up to 30% fly ash, a by-product of coal-fired power plants that would otherwise end up in landfills. This segment brought in 7% of the total revenue in CY 2022.


As of March 31, 2022, the company has a total of 22 subsidiaries, some of which include:

  1. Rain Cements Limited – This wholly-owned subsidiary concentrates on cement production.
  2. Rain Commodities (USA) Inc – This wholly owned subsidiary focuses on the company’s operations in the USA.
  3. Rain Global Services LLC – This is a wholly owned subsidiary of Rain Commodities (USA) LLC to assist in its US operations.
  4. Rain Carbon Germany GmbH – This company looks after the group’s operations in Germany.

Key Personnel

Mr N. Radhakrishna Reddy, Managing Director

Mr. Reddy has experience spanning over 5 decades in this industry and has been a director of the company since 1984. He also sits on the boards of other companies such as Renuka Cements, Arunachala Holdings Pvt Ltd, etc.

Mr Brian Jude McNamara, Chairman

He is a former banker with over 3 decades of experience in project finance, corporate finance and investment strategy and management. Till 2015, he had been handling investment operations at the International Finance Corporation in Washington D.C.

Corporate Actions

The following are some of the corporate actions performed by the company:

Stock Split

The company had split its stocks from a face value of ₹10 to ₹2 per share with a record date of June 16, 2011.

Mergers and Acquisitions

  • In 2013, Rain Industries acquired Rutgers, then the world’s largest coal distiller. In the same year, Rain Calcining’s CPC and power generation business were transferred to Rain Industries.
  • The company incorporated Rain Calciner, India and Rain Global Services, USA, as its wholly-owned subsidiaries in April of the year 2008.
Parent Organisation Indian Private
Founded 1974
Managing Director Brian Jude McNamara

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Indiabulls Enterprises Ltd ₹265.37


0.30 (-2.25%)

12.45 - 13.85View Peer Comparison
PTL Enterprises Ltd ₹536.26


1.70 (4.20%)

39.65 - 43.15View Peer Comparison
Alphageo (India) Ltd ₹251.69


6.00 (-1.51%)

385.95 - 407View Peer Comparison
Service Care Ltd ₹64.45


2.05 (-3.66%)

54 - 55View Peer Comparison
Madhav Marbles and Granites Ltd ₹39.08


0.00 (0.00)

41.6 - 41.65View Peer Comparison

What's Trending

Rain Industries FAQs

What is the Share price of Rain Industries (RAIN)?

Rain Industries (RAIN) share price as of April 19, 2024, on NSE is Rs 173.30 (NSE) and Rs 173.30 (BSE) on BSE.

Can I buy Rain Industries (RAIN) shares?

Yes, You can buy Rain Industries (RAIN) shares by opening a Demat account with Angel One.

How do I buy Rain Industries (RAIN) from Angel One?

Rain Industries (RAIN) share can be brought through the following modes:
  1. Direct investment: You can buy Rain Industries (RAIN) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Rain Industries (RAIN) shares.

Is Rain Industries a Debt free Company?

No, Rain Industries is not a debt free company.

What is the main business of Rain Industries?

The main business of Rain Industries is to manufacture coal tar pitch, calcined petroleum coke, and other related high-quality advanced materials across its 3 major business verticals of cement, carbon, and advanced materials.

Who are the promoters of Rain Industries?

Some of the top promoters of Rain Industries are Sujala Investments Private Limited, Ms. N. Anupama Reddy, Rain Enterprises Private Limited, Mr. N. Radhakrishna Reddy, Mr. N. Sujith Kumar Reddy, Nivee Holdings Private Limited, Ms. N. Indira Reddy, and Arunachala Holdings Private Limited.

What are the Subsidiaries that comes under Rain Industries?

Some of the subsidiaries which come under Rain Industries are Rain Cements Limited, Renuka Cement Limited, Rain Commodities (USA) Inc., Rain CII Carbon (Vizag) Limited, Rain Carbon Holdings, LLC, Rain Carbon Inc., Rain Global Services LLC, Rain Carbon GmbH, and Rain Carbon Canda Inc.