RIDDHI STEEL & TUBE | JINDAL STAINLESS | RIDDHI STEEL & TUBE/ JINDAL STAINLESS |
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P/E (TTM) | x | - | 22.7 | - | View Chart |
P/BV | x | 1.9 | 3.9 | 49.6% | View Chart |
Dividend Yield | % | 0.0 | 0.4 | - |
RIDDHI STEEL & TUBE JINDAL STAINLESS |
EQUITY SHARE DATA | |||||
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RIDDHI STEEL & TUBE Mar-24 |
JINDAL STAINLESS Mar-24 |
RIDDHI STEEL & TUBE/ JINDAL STAINLESS |
5-Yr Chart Click to enlarge
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High | Rs | 90 | 717 | 12.6% | |
Low | Rs | 30 | 255 | 11.8% | |
Sales per share (Unadj.) | Rs | 395.1 | 468.3 | 84.4% | |
Earnings per share (Unadj.) | Rs | 5.8 | 32.7 | 17.7% | |
Cash flow per share (Unadj.) | Rs | 9.8 | 43.4 | 22.6% | |
Dividends per share (Unadj.) | Rs | 0 | 3.00 | 0.0% | |
Avg Dividend yield | % | 0 | 0.6 | 0.0% | |
Book value per share (Unadj.) | Rs | 69.1 | 174.3 | 39.6% | |
Shares outstanding (eoy) | m | 8.29 | 823.43 | 1.0% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.2 | 1.0 | 14.7% | |
Avg P/E ratio | x | 10.4 | 14.9 | 69.9% | |
P/CF ratio (eoy) | x | 6.1 | 11.2 | 54.8% | |
Price / Book Value ratio | x | 0.9 | 2.8 | 31.2% | |
Dividend payout | % | 0 | 9.2 | 0.0% | |
Avg Mkt Cap | Rs m | 499 | 400,374 | 0.1% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 31 | 6,044 | 0.5% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 3,276 | 385,625 | 0.8% | |
Other income | Rs m | 26 | 3,626 | 0.7% | |
Total revenues | Rs m | 3,302 | 389,251 | 0.8% | |
Gross profit | Rs m | 188 | 46,631 | 0.4% | |
Depreciation | Rs m | 33 | 8,788 | 0.4% | |
Interest | Rs m | 116 | 5,544 | 2.1% | |
Profit before tax | Rs m | 65 | 35,925 | 0.2% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 18 | 8,990 | 0.2% | |
Profit after tax | Rs m | 48 | 26,935 | 0.2% | |
Gross profit margin | % | 5.7 | 12.1 | 47.5% | |
Effective tax rate | % | 26.7 | 25.0 | 106.8% | |
Net profit margin | % | 1.5 | 7.0 | 21.0% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 1,729 | 143,937 | 1.2% | |
Current liabilities | Rs m | 983 | 100,400 | 1.0% | |
Net working cap to sales | % | 22.8 | 11.3 | 201.7% | |
Current ratio | x | 1.8 | 1.4 | 122.7% | |
Inventory Days | Days | 0 | 19 | 0.0% | |
Debtors Days | Days | 607 | 3 | 22,597.0% | |
Net fixed assets | Rs m | 237 | 159,822 | 0.1% | |
Share capital | Rs m | 83 | 1,647 | 5.0% | |
"Free" reserves | Rs m | 490 | 141,837 | 0.3% | |
Net worth | Rs m | 572 | 143,484 | 0.4% | |
Long term debt | Rs m | 404 | 45,628 | 0.9% | |
Total assets | Rs m | 1,966 | 307,649 | 0.6% | |
Interest coverage | x | 1.6 | 7.5 | 20.9% | |
Debt to equity ratio | x | 0.7 | 0.3 | 221.7% | |
Sales to assets ratio | x | 1.7 | 1.3 | 132.9% | |
Return on assets | % | 8.3 | 10.6 | 78.8% | |
Return on equity | % | 8.4 | 18.8 | 44.6% | |
Return on capital | % | 18.5 | 21.9 | 84.6% | |
Exports to sales | % | 0 | 17.8 | 0.0% | |
Imports to sales | % | 0 | 45.3 | 0.0% | |
Exports (fob) | Rs m | NA | 68,563 | 0.0% | |
Imports (cif) | Rs m | NA | 174,530 | 0.0% | |
Fx inflow | Rs m | 0 | 68,563 | 0.0% | |
Fx outflow | Rs m | 0 | 174,530 | 0.0% | |
Net fx | Rs m | 0 | -105,968 | -0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 89 | 48,181 | 0.2% | |
From Investments | Rs m | -6 | -33,402 | 0.0% | |
From Financial Activity | Rs m | 7 | -8,294 | -0.1% | |
Net Cashflow | Rs m | 90 | 7,655 | 1.2% |
Indian Promoters | % | 72.6 | 32.6 | 222.8% | |
Foreign collaborators | % | 0.0 | 27.9 | - | |
Indian inst/Mut Fund | % | 0.0 | 28.6 | - | |
FIIs | % | 0.0 | 22.8 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 27.4 | 39.5 | 69.5% | |
Shareholders | 122 | 209,910 | 0.1% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare RIDDHI STEEL & TUBE With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | RIDDHI STEEL & TUBE | JSL STAINLESS | S&P BSE METAL |
---|---|---|---|
1-Day | 1.30% | 2.48% | 1.65% |
1-Month | -15.19% | 2.73% | -4.64% |
1-Year | 62.42% | 32.95% | 27.85% |
3-Year CAGR | 95.01% | 58.91% | 16.54% |
5-Year CAGR | 60.87% | 76.88% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the RIDDHI STEEL & TUBE share price and the JSL STAINLESS share price.
Moving on to shareholding structures...
The promoters of RIDDHI STEEL & TUBE hold a 72.6% stake in the company. In case of JSL STAINLESS the stake stands at 60.5%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of RIDDHI STEEL & TUBE and the shareholding pattern of JSL STAINLESS.
Finally, a word on dividends...
In the most recent financial year, RIDDHI STEEL & TUBE paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.
JSL STAINLESS paid Rs 3.0, and its dividend payout ratio stood at 9.2%.
You may visit here to review the dividend history of RIDDHI STEEL & TUBE, and the dividend history of JSL STAINLESS.
For a sector overview, read our steel sector report.
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.