Riddhi Steel & Tube Ltd.
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25.00 ▼0%

22 July 2021, 04:00:00 P.M.

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www. riddhitubes.com
Financial Indicators
Market Cap 20.73 Cr.
Earnings per share (EPS) 1.57 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 15.89 Trailing Twelve Months Ending 2021-03
Industry PE 15.65 Trailing Twelve Months Ending 2021-03
Book Value / Share 54.60 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.46 Calculated using Price: 25.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.83 Cr. 8,290,252 Shares
FaceValue 10
Company Profile

The company started in the year 2002 manufacturing Black and Galvanized Steel Pipes in various size range of 1/2' (15MM NB) to 12' (300NN BV) in 1.6 mm to 7.1 mm thickness. The company manufactures Square and Rectangular Hollow Section (SHS and RHS) in the size range of 15X15mm to 180X180mm and 20X40 to 200X100mm in various thicknesses.

With current installed capacity, the company's thrust for growth is never ending. Expansion, diversification and addition of facilities are continuous in process to meet growing demand of various sectors.

The unit is equipped with Ultra-Modern Plant and Machinery which includes Slitting Mills, 6 Tube Mills, and Threading & Finishing equipments.The company has Hot Dip Galvanizing unit for producing GI pipes which are used for Corrosion resistant purpose. This product is highly useful for water works, atmospheric condition, underground piping and etc.

Pre-Galvanized pipes are made from MS Galvanized Coils. These pipes are durable and light weighted. Basically these pipes are used by various manufacturers.
Plant have in-house testing laboratory to conduct various quality tests of materials. Their pipes confirm to various domestic and international specifications/standards and the company is accredited with ISO: 9001 - 2008 certificate.

The entire operation from selection of the raw material to dispatch of finished products goes through a series of quality checks conducted by a team of qualified Engineers.

The company is focused on Expansion, Diversification and adoption of new technology.

Business area of the company:

The company is engaged in manufacturing Steel and Iron products.

Products:

  • MS ERW Black & Galvanised Pipes :
  • Square and Rectangular Hollow Section
  • Pre-Galvanised Pipes

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
+8.70%
3 Month
+66.11%
6 Month
+85.19%
1 Year
+106.61%
2 Year
+19.05%
5 Year

Ratios View Details

6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.61 12.56 9.47 8.80 12.53 7.00
Return on Capital Employed (%) 13.96 15.12 13.45 11.52 13.23 10.27
Return on Assets (%) 2.57 2.48 2.27 2.43 3.44 1.98

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 12 14 17 20 23 34 37 42 45
Non Curr. Liab. 3 7 32 36 40 41 43 53 47
Curr. Liab. 38 44 46 46 50 49 54 60 61
Minority Int.
Equity & Liab. 53 65 95 102 112 124 134 155 153
Non Curr. Assets 14 22 31 33 26 26 30 30 32
Curr. Assets 39 42 64 69 87 98 104 125 121
Misc. Exp. not W/O 0 0
Total Assets 53 65 95 102 112 124 134 155 153

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 148 179 206 234 234 240 268 377 292
Other Income 3 1 1 1 2 2 1 2 1
Total Income 150 180 207 235 236 241 268 378 293
Total Expenditure -141 -170 -194 -219 -218 -223 -252 -357 -274
PBIDT 9 11 13 16 18 18 17 21 19
Interest -5 -6 -8 -9 -11 -10 -9 -12 -11
Depreciation -2 -2 -2 -3 -3 -3 -3 -4 -4
Taxation -1 -1 -1 -1 -1 -1 -2 -1 0
Exceptional Items
PAT 2 2 2 3 3 3 3 5 3

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 6 2 3 12 3 28
Cash Fr. Inv. -2 -4 -2 -6 -2 -5
Cash Fr. Finan. -5 0 -1 -7 -1 -16
Net Change 0 -2 0 -1 1 7
Cash & Cash Eqvt 3 0 1 0 1 8

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 68.62 68.62 68.62 68.62 68.62 69.34 69.34 69.34 69.34
Public 31.38 31.38 31.38 31.38 31.38 30.66 30.66 30.66 30.66
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018
Mon, 19 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Rajesh Mittal
Designation :- Managing Director / Whole Time Director
Fri, 16 Jul 2021
Outcome Of Board Meeting
Outcome of Board Meeting

Technical Scans View Details

Thu, 22 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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