profit from every ₹100 of sales.
₹0₹100
Rain Industries
₹162.65-2.25% today
+42.7% in 1 year
1-year low ₹102.951-year high ₹243.10
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay ₹128.65 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Rain Industries sold, what it kept, and what it did with the cash.
Sales went from ₹209 billion in 2022 to ₹168 billion in 2025, with ₹425 million of profit last year.
SalesProfit
Rain Industries handed back 8% of the cash it generated last year.
₹336M
Free cash flow 2025₹4.4B
Bought back its own shares–
Paid as dividends₹336M
Cash vs. debt₹9.3B vs. ₹98.2B
Rain Industries vs. similar companies
Rain Industries grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Rain Industries | 128.6× · Very expensive | ||
 Linde | 35.0× · Expensive | ||
 L'Air Liquide | 35.1× · Expensive | ||
 Ecolab | 41.8× · Expensive | ||
 The Sherwin-Williams | 32.9× · Expensive |
AI analysis
An AI analyst reads Rain Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 209,062 | 180,518 | 152,673 | 167,911 | |
| 91,797 | 65,933 | 60,886 | 67,897 | |
| 28,529 | 9,055 | 4,517 | 12,270 | |
| 35,969 | 10,881 | 14,881 | 22,411 | |
| 14,386 | -9,379 | -5,643 | 425 | |
| 42.77 | -27.89 | -16.78 | 1.26 | |
| 43.9% | 36.5% | 39.9% | 40.4% | |
| 13.6% | 5.0% | 3.0% | 7.3% | |
| 6.9% | -5.2% | -3.7% | 0.3% |
Balance sheet
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 221,734 | 200,089 | 189,369 | 207,598 |
| Cash | 11,677 | 14,052 | 13,212 | 9,257 |
| Total debt | 97,314 | 86,902 | 84,943 | 98,240 |
| Total liabilities | 133,905 | 122,435 | 121,119 | 130,690 |
| 84,268 | 73,425 | 66,377 | 74,491 | |
| 336 | 336 | 336 | 336 | |
| 12.2% | 1.5% | 3.6% | 6.0% | |
| 17.1% | -12.8% | -8.5% | 0.6% |
Cash flow
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,359 | 30,635 | 19,432 | 8,972 | |
| 6,691 | 5,958 | 6,532 | 4,607 | |
| 3,667 | 24,677 | 12,901 | 4,365 | |
| Dividends paid | 336 | 336 | 336 | 336 |
| 0 | – | – | – | |
| – | – | – | – |
Valuation
- 128.6×
- –
- –
- 0.9×
- 0.3×
- 12.5×
- 6.4×
- 8.0%
- 0.8%
- 0.6%
Profitability
- 40.4%
- 7.3%
- 0.3%
- –
- 5.7%
- 5.5%
- –
- –
- –
- –
Growth
- −7.0%
- −69.1%
- –
- –
- +0.0%
Financial health
- 4.0×
- 1.32
- –
- 1.5×
- 1.87
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 47%of 989
Bottom 37%of 954
Bottom 4%of 778
Bottom 18%of 940
Top 19%of 990
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
79.1% of its profit
Room to growStretchedMore than it earns: 7.7%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
27No pass
Benjamin Graham
38No pass
Philip Fisher
15No pass
Peter Lynch
12No pass
Joel Greenblatt
32No pass
Charlie Munger
15No pass
Terry Smith
18No pass
Questions about Rain Industries
Is Rain Industries a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Rain Industries AI analysis
What does Rain Industries do?
Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon, advanced materials, and cement products in India and internationally. The company operates through three segments: Carbon, Advanced Materials, and Cement. It is in Specialty Chemicals, based in Hyderabad, India, with 2,323 employees.
Does Rain Industries pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 79% of its yearly profit. In 2025 it paid out ₹336 million in dividends.
Is Rain Industries stock halal?
No. Rain Industries does not pass our halal screen: its debt is 180% of its market value, at or above the 33% limit. How we check
How has Rain Industries stock done over the past year?
Up 42.7% over the past twelve months, to ₹162.65. It traded between ₹102.95 and ₹243.10 and is 33.1% below its high.
Who are Rain Industries's competitors?
The largest listed companies in the same industry are Linde, L'Air Liquide, Ecolab and The Sherwin-Williams. The peers table on this page compares their profit, growth and price with Rain Industries's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.