Riddhi Steel and Tube Ltd

540082

Summary

Fair Value Assessment
Undervalued (29% Discount)
Fair ValueQ138.16UncertaintyHigh
Close Price97.80Mar 20, 2025
Market Closed
94.80
Price Down by 3.00 | 3.07 %
Previous Close
97.80
Day Range
93.00 – 102.00
Year Range
35.50 – 168.30
Bid / Ask
Market Cap
785.9 Mil
Volume / Average
40.5 k / 11.1 k
Beta (5-Year)
0.35
Shares Outstanding
8.29 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various sizes, 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, Pre-Galvanised Pipes, and Galvanised Pipes which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications; Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
Contact
Piplaj Pirana Road 83/84, Village - Kamod, Ahmedabad, GJ 382427
T +91 7929700922
www.riddhitubes.com opens in a new tab
Sector
Basic Materials
Industry
Steel
Most Recent Earnings
Sep 30, 2024
Fiscal Year End
Mar 31, 2025
Employees
278

Key Metrics

Income Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
3.29 3.28 3.03 3.03 3.27 2.91
Revenue Growth %
11.15% 8.23% 0.02% -7.57% 12.24% -22.58%
Gross Profit
0.31 0.31 0.30 0.34 0.24 0.26
Gross Profit Margin %
9.45% 9.35% 9.92% 11.18% 7.44% 9.07%
Operating Income
0.15 0.15 0.14 0.13 0.11 0.14
Operating Margin %
4.52% 4.73% 4.65% 4.17% 3.39% 4.65%
EBIT
0.18 0.17 0.14 0.12 0.11 0.14
EBIT Margin %
5.53% 5.18% 4.57% 3.95% 3.35% 4.64%
EBITDA
0.21 0.20 0.17 0.16 0.15 0.17
EBITDA Margin %
6.49% 6.20% 5.62% 5.29% 4.60% 5.90%
Net Income
0.06 0.05 0.03 0.02 0.01 0.03
Net Profit Margin %
1.74% 1.46% 1.12% 0.82% 0.40% 1.05%
Basic EPS
6.88 5.79 4.10 2.99 1.57 3.69
Diluted EPS
6.88 5.79 4.10 2.99 1.57 3.69
Normalized EPS
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
03/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
1.97 1.97 1.83 1.90 1.69 1.53
Total Liabilities
1.39 1.39 1.31 1.41 1.22 1.08
Total Debt
1.32 1.32 1.20 1.26 1.07 0.99
Total Equity
0.57 0.57 0.52 0.49 0.47 0.45
Cash And Cash Equivalents
0.12 0.12 0.03 0.03 0.02 0.08
Working Capital
0.75 0.75 0.71 0.77 0.86 0.59
Shares Outstanding (Bil)
0.01 0.01 0.01 0.01
Book Value Per Share
69.05 69.05 63.27 59.17 56.18 54.60
Total Debt To Equity
2.31 2.31 2.29 2.57 2.29 2.19
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
0.08 0.09 0.17 -0.08 -0.03 0.28
Cash From Investing Activities
-0.01 0.01 0.01 0.01 -0.05
Cash From Financing Activities
-0.03 0.01 -0.17 0.08 -0.03 -0.16
Capital Expenditures
0.01 0.01 0.01 0.02 0.01 0.06
Free Cash Flow
0.07 0.06 0.03 0.02 0.02
Change in Cash
0.05 0.09 0.01 0.01 -0.06 0.07

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

There is no Ownership data available.

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