Riddhi Steel & Tube Ltd.

43.27 +2.06 ▲5.0%

29 February 2024, 04:01:00 PM
Volume: 3,000

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Industry Icon Steel & Iron Products Compare with Industry peers
Website http://www.riddhitubes.com
Market Cap 35.87 Cr.
Enterprise Value(EV) 150.14 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 4.10 Trailing Twelve Months Ending 2023-03
Price-Earning Ratio (PE) 10.55 Trailing Twelve Months Ending 2023-03
Industry PE 29.58 Trailing Twelve Months Ending 2023-03
Book Value / Share 63.27 Trailing Twelve Months Ending 2023-03
Price to Book Value 0.68 Calculated using Price: 43.27
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 0.83 Cr. 8,290,252 Shares
FaceValue 10
About Riddhi Steel & Tube Ltd.
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various size, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS ERW Black and Galvanised Pipes which are used in agriculture, industry and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Section used in engineering application; Pre-Galvanised Pipes used by various manufacturers.

Riddhi Steel & Tube Ltd. Delivery

Delivered Qty
Traded Qty

Riddhi Steel & Tube Ltd. Performance

1 Day
+5.00%
1 Week
+5.00%
1 Month
-26.70%
3 Month
-52.08%
6 Month
+35.22%
1 Year
-3.84%
2 Year
+45.45%
5 Year
+243.41%
10 Year

Riddhi Steel & Tube Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 13.61 12.56 9.47 8.8 12.53 7 2.84 5.18 6.7
Return on Capital Employed (%) 13.96 15.12 13.45 11.52 13.23 10.28 8.93 9.47 9.45
Return on Assets (%) 2.57 2.48 2.27 2.43 3.44 1.98 0.81 1.38 1.82

Riddhi Steel & Tube Ltd. Balance Sheet

Particulars 10 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. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 20 23 34 37 42 45 47 49 52 55
Non Curr. Liab. 36 40 41 43 53 47 69 55 45 49
Curr. Liab. 46 50 49 54 60 61 53 87 86 72
Minority Int.
Equity & Liab. 102 112 124 134 155 153 169 190 183 176
Non Curr. Assets 33 26 26 30 30 32 30 28 26 25
Curr. Assets 69 87 98 104 125 121 139 163 157 151
Misc. Exp. not W/O
Total Assets 102 112 124 134 155 153 169 190 183 176

Riddhi Steel & Tube Ltd. Profit and Loss

Particulars 10 years 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. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Net Sales 206 234 234 240 268 377 292 327 303 303
Other Income 1 1 2 2 1 2 1 2 3 2
Total Income 207 235 236 241 268 378 293 329 306 305
Total Expenditure -194 -219 -218 -223 -252 -357 -274 -312 -286 -286
PBIDT 13 16 18 18 17 21 19 17 20 20
Interest -8 -9 -11 -10 -9 -12 -11 -11 -12 -12
Depreciation -2 -3 -3 -3 -3 -4 -4 -4 -4 -3
Taxation -1 -1 -1 -1 -2 -1 0 -1 -1 -1
Exceptional Items
PAT 2 3 3 3 3 5 3 1 2 3
Adjusted EPS 4 4 4 3 4 6 4 2 3 4

Riddhi Steel & Tube Ltd. Cash Flow

Particulars 9 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. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 6 2 3 12 3 28 -3 -8 17
Cash Fr. Inv. -2 -4 -2 -6 -2 -5 1 1 1
Cash Fr. Finan. -5 0 -1 -7 -1 -16 -3 8 -17
Net Change 0 -2 0 -1 1 7 -6 1 1
Cash & Cash Eqvt 3 0 1 0 1 8 2 2 3

Riddhi Steel & Tube Ltd. Shareholding Pattern

9 Qtrs 2020-09 (%) 2021-03 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-09 (%)
Promoter 69.34 69.34 69.34 70.14 72.49 72.49 72.56 72.56 72.56
Public 30.66 30.66 30.66 29.86 27.51 27.51 27.44 27.44 27.44
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

Riddhi Steel & Tube Ltd. Announcements

Thu, 22 Feb 2024
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Resignation of Company Secretary and Compliance officer.
Thu, 22 Feb 2024
Appointment of Company Secretary and Compliance Officer
Appointment of CS and Compliance officer
Thu, 22 Feb 2024
Board Meeting Outcome for Outcome Of The Board Meeting.
1. To consider Resignation of Mr. Sanjay Sanjay Sandeep Shah from the post of Company Secretary and Compliance Officer of the Company.2. To consider appointment of Ms. Hemangi Akshaykumar Vasoya as Company Secretary and Compliance Officer of the Company.

Riddhi Steel & Tube Ltd. Technical Scans

Thu, 29 Feb 2024
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week High Close Crossing Last Week High
Opening at High Opening at High
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High

Riddhi Steel & Tube Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 196,614.50 800.10 +0.2%
Tata Steel Ltd. 175,891.89 140.85 +0.1%
Jindal Steel & Power Ltd. 79,225.14 776.65 +2.9%
Jindal Stainless Ltd. 52,679.23 639.75 -3.0%
Steel Authority Of India Ltd. 50,103.27 121.20 -0.4%
APL Apollo Tubes Ltd. 42,955.25 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. 31,014.07 70.15 -1.3%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 17.59 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-12 0.00 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-12 14.50 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-12 17.69 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-12 16.16 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-12 56.24 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-12 52.98 70.15 -1.3%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.57 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-12 1.98 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-12 1.82 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-12 3.78 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-12 0.89 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-12 12.47 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-12 20.89 70.15 -1.3%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-03 0.76 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 0.06 70.15 -1.3%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-03 7.48 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.15 -1.3%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-03 7.48 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 70.15 -1.3%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 165,960.00 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 7,057.40 70.15 -1.3%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 4,139.00 800.10 +0.2%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 140.85 +0.1%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 776.65 +2.9%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 639.75 -3.0%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 121.20 -0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,547.80 +5.9%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 487.00 70.15 -1.3%

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