Rain Industries Limited is a leading vertically integrated producer of carbon, cement, and advanced materials with manufacturing facilities in eight countries across three continents. Incorporated in 1994 and headquartered in Hyderabad, India, the company operates across three distinct lines of business: calcined petroleum coke, coal tar pitch, and specialty chemicals. Rain Industries is involved in transforming by-products from the oil and steel industries into high-value carbon-based materials essential for numerous manufacturing applications and end products.
The company's global operations are structured around three key business segments:
- Carbon Products: This segment represents Rain Industries' core strength and includes calcined petroleum coke (CPC), coal tar pitch (CTP), green petroleum coke, and other derivatives from coal distillation such as creosote oil, naphthalene, carbon black oil, and basic aromatic oils. Rain is a significant producer of CPC for the aluminum, steel, and titanium dioxide industries and is the world's largest producer of coal tar pitch, used in aluminum, steel, roofing, and construction.
- Advanced Materials: This segment focuses on downstream operations of coal tar distillation, producing engineered products, petrochemical intermediaries, naphthalene derivatives, and resins. The company's specialty chemicals are utilized in the production of paints, rubber, and other products.
- Cement: The Cement division manufactures Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC), primarily serving the South Indian market. Under the brand name "Priya Cement," the company markets its products mainly in Andhra Pradesh, Karnataka, and Tamil Nadu.
Rain Industries has established itself as one of the world's largest producers of calcined petroleum coke, coal tar pitch, and other high-quality basic and specialty chemicals. Its global footprint allows it to serve diverse industrial applications worldwide. The company's products are crucial raw materials for industries such as aluminum (accounting for approximately 43% of consolidated revenues on an LTM basis as of Q1 2025), carbon black, wood preservation, titanium dioxide, and refractories.
- Market Capitalization: ₹4,744 crore (as of June 2025).
- Full Year 2024 Performance: The company posted a loss of ₹449.94 crore on a total income of ₹15,374.39 crore.
- Q1 2025 Performance (ended March 31, 2025):
- Consolidated Net Sales: ₹3,768.02 crore (a 2.66% increase year-over-year).
- Consolidated Net Loss: ₹137.70 crore.
- Total Income: ₹3,793.34 crore.
- Stock Performance: The 52-week high share price was ₹196.95, and the 52-week low was ₹117.30.
- Promoter Holding: Increased to 41.18% as of March 2025 from 41.14% as of June 2024.
- Financial Health Score: Rated as WEAK (1.5) by InvestingPro.
Rain Industries boasts significant production capabilities:
- Calcined Petroleum Coke (CPC): The company is the largest producer with a capacity of 2.49 million tonnes per annum (MTPA).
- Cement: The total cement capacity stands at 3.16 MTPA.
The company's subsidiaries include Rain Cements Limited, Renuka Cement Limited, and Rain Carbon Inc., among others, supporting its global operations.
- Board Meeting: Scheduled for August 6th to approve Q2 and half-year unaudited results. The trading window was closed from July 1st to August 8th.
- Segment Performance (Recent Quarter):
- Carbon segment revenue increased by 10.8%.
- Advanced Materials segment revenue fell by 11.9%.
- Cement segment revenue declined by 21.5%.
- Future Focus: The company is actively addressing supply chain challenges and exploring new market opportunities, particularly in the electric vehicle (EV) and battery sectors. Despite financial challenges, Rain Industries is optimistic about its prospects in these growing markets.
Rain Industries continues to hold its position as a global leader in carbon materials and specialty chemicals, serving critical industries worldwide. The company is focused on operational improvements and strategic growth while navigating market dynamics and pursuing opportunities in future mobility solutions.
