Riddhi Steel & Tube Ltd.
Snapshot View

33.00 ▼0%

18 May 2022, 04:01:00 PM

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.riddhitubes.com
Market Cap 27.36 Cr.
Enterprise Value(EV) 132.12 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) 1.57 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 20.96 Trailing Twelve Months Ending 2021-03
Industry PE 5.20 Trailing Twelve Months Ending 2021-03
Book Value / Share 56.18 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.59 Calculated using Price: 33.00
Dividend Yield 0.00 Period Ending 2021-03
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
-2.80%
1 Month
+3.94%
3 Month
-0.15%
6 Month
+50.0%
1 Year
+105.61%
2 Year
+317.72%
5 Year
-3.51%
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 16.68 14.56 13.61 12.56 9.47 8.80 12.53 7.00 2.84
Return on Capital Employed (%) 16.68 15.20 13.96 15.12 13.45 11.52 13.23 10.28 8.76
Return on Assets (%) 3.69 2.86 2.57 2.48 2.27 2.43 3.44 1.98 0.81

Balance Sheet View Details

Particulars 10 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. 2021-03 Rs. Cr.
Shh. Funds 12 14 17 20 23 34 37 42 45 47
Non Curr. Liab. 3 7 32 36 40 41 43 53 47 69
Curr. Liab. 38 44 46 46 50 49 54 60 61 53
Minority Int.
Equity & Liab. 53 65 95 102 112 124 134 155 153 169
Non Curr. Assets 14 22 31 33 26 26 30 30 32 30
Curr. Assets 39 42 64 69 87 98 104 125 121 139
Misc. Exp. not W/O 0 0
Total Assets 53 65 95 102 112 124 134 155 153 169

Profit Loss View Details

Particulars 10 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. 2021-03 Rs. Cr.
Net Sales 148 179 206 234 234 240 268 377 292 327
Other Income 3 1 1 1 2 2 1 2 1 2
Total Income 150 180 207 235 236 241 268 378 293 329
Total Expenditure -141 -170 -194 -219 -218 -223 -252 -357 -274 -312
PBIDT 9 11 13 16 18 18 17 21 19 17
Interest -5 -6 -8 -9 -11 -10 -9 -12 -11 -11
Depreciation -2 -2 -2 -3 -3 -3 -3 -4 -4 -4
Taxation -1 -1 -1 -1 -1 -1 -2 -1 0 -1
Exceptional Items
PAT 2 2 2 3 3 3 3 5 3 1
Adjusted EPS 3 4 4 4 4 3 4 6 4 2

Cash Flow View Details

Particulars 7 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 6 2 3 12 3 28 -3
Cash Fr. Inv. -2 -4 -2 -6 -2 -5 1
Cash Fr. Finan. -5 0 -1 -7 -1 -16 -3
Net Change 0 -2 0 -1 1 7 -6
Cash & Cash Eqvt 3 0 1 0 1 8 2

Shareholding Pattern View Details

9 Qtrs 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 68.62 68.62 69.34 69.34 69.34 69.34 69.34 70.14 72.49
Public 31.38 31.38 30.66 30.66 30.66 30.66 30.66 29.86 27.51
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

Thu, 05 May 2022
Disclosure Under Regulation 7 (2) Read With Regulation 6(2) - Continual Disclosure SEBI (Prohibition Of Insider Trading) Regulations 2015
Disclosure under Regulation 7 (2) read with Regulation 6(2) - Continual disclosure SEBI (Prohibition of Insider Trading) Regulations 2015
Thu, 05 May 2022
Disclosure Under Regulation 7 (2) Read With Regulation 6(2) - Continual Disclosure SEBI (Prohibition Of Insider Trading) Regulations 2015
Disclosure under Regulation 7 (2) read with Regulation 6(2) - Continual disclosure SEBI (Prohibition of Insider Trading) Regulations 2015
Thu, 05 May 2022
Disclosure Under Regulation 7 (2) Read With Regulation 6(2) - Continual Disclosure SEBI (Prohibition Of Insider Trading) Regulations 2015
Disclosure under Regulation 7 (2) read with Regulation 6(2) - Continual disclosure SEBI (Prohibition of Insider Trading) Regulations 2015

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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