P S Raj Steels approved a 1:5 stock split, subject to shareholder approval, to improve liquidity and retail participation. For FY26, revenue rose 12.3% to ₹265.99 crore, while PAT increased 19.1% to ₹8.81 crore. Following the split, outstanding shares will increase from 75.38 lakh to 3.77 crore.