R
Rain Industries Ltd
Miscellaneous
₹ 156.79 -0.45 (-0.29%)
₹ 156.79 -0.45 (-0.29%)
- NSE
- BSE
Overview
- BSE Code 500339
- NSE Symbol RAIN
- ISIN Demat INE855B01025
- Book Value (₹) 27.59
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 5,048.61
- P/E (TTM) 127.20
- EPS (TTM) 1.18
- Div Yield (%) 0.67
Performance
Today’s Low 156.50
Today’s High 158.88
52W Low 117.06
52W High 197.00
Open 157.70
Prev. Close 157.24
Volume 11,85,438.00
Corporate Actions
Rain Industries Limited - Disclosure under SEBI Takeover Regulations
Apr 18, 2025NIVEE HOLDINGS PRIVATE LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
About Rain Industries Ltd
History
Rain Industries Ltd, erstwhile Rain Commodities Ltd (RCL), came into existence as 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:- Carbon- The organization 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.
- 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 organization in CY 2022.
- Cement- The organization 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.
- Rain Cements Limited- This wholly-owned subsidiary concentrates on cement production.
- Rain Commodities (USA) Inc- This wholly owned subsidiary core priorityes on the organization’s operations in the USA.
- Rain Global Services LLC- This is a wholly owned subsidiary of Rain Commodities (USA) LLC to assist in its US operations.
- Rain Carbon Germany GmbH- This organization 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 gained complete control of Rutgers, then the world’s largest coal distiller. In the same year, Rain Calcining’s CPC and power generation enterprise were transferred to Rain Industries.
- The organization incorporated Rain Calciner, India and Rain Global Services, USA, as its wholly-owned subsidiaries in April of the year 2008.
Founded | : 1974 |
Chairman | : Brian Jude McNamara |
Managing Director | : N Jagan Mohan Reddy |
Address | : Rain Center, 34 Srinagar Colony, Hyderabad, Telangana, 500073, |
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