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RIDDHI STEEL & TUBE vs JINDAL STAINLESS - Comparison Results

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Current Valuations

    RIDDHI STEEL & TUBE JINDAL STAINLESS RIDDHI STEEL & TUBE/
JINDAL STAINLESS
 
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 -  

Financials

 RIDDHI STEEL & TUBE   JINDAL STAINLESS
EQUITY SHARE DATA
    RIDDHI STEEL & TUBE
Mar-24
JINDAL STAINLESS
Mar-24
RIDDHI STEEL & TUBE/
JINDAL STAINLESS
5-Yr Chart
Click to enlarge
High Rs90717 12.6%   
Low Rs30255 11.8%   
Sales per share (Unadj.) Rs395.1468.3 84.4%  
Earnings per share (Unadj.) Rs5.832.7 17.7%  
Cash flow per share (Unadj.) Rs9.843.4 22.6%  
Dividends per share (Unadj.) Rs03.00 0.0%  
Avg Dividend yield %00.6 0.0%  
Book value per share (Unadj.) Rs69.1174.3 39.6%  
Shares outstanding (eoy) m8.29823.43 1.0%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.21.0 14.7%   
Avg P/E ratio x10.414.9 69.9%  
P/CF ratio (eoy) x6.111.2 54.8%  
Price / Book Value ratio x0.92.8 31.2%  
Dividend payout %09.2 0.0%   
Avg Mkt Cap Rs m499400,374 0.1%   
No. of employees `000NANA-   
Total wages/salary Rs m316,044 0.5%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m3,276385,625 0.8%  
Other income Rs m263,626 0.7%   
Total revenues Rs m3,302389,251 0.8%   
Gross profit Rs m18846,631 0.4%  
Depreciation Rs m338,788 0.4%   
Interest Rs m1165,544 2.1%   
Profit before tax Rs m6535,925 0.2%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m188,990 0.2%   
Profit after tax Rs m4826,935 0.2%  
Gross profit margin %5.712.1 47.5%  
Effective tax rate %26.725.0 106.8%   
Net profit margin %1.57.0 21.0%  
BALANCE SHEET DATA
Current assets Rs m1,729143,937 1.2%   
Current liabilities Rs m983100,400 1.0%   
Net working cap to sales %22.811.3 201.7%  
Current ratio x1.81.4 122.7%  
Inventory Days Days019 0.0%  
Debtors Days Days6073 22,597.0%  
Net fixed assets Rs m237159,822 0.1%   
Share capital Rs m831,647 5.0%   
"Free" reserves Rs m490141,837 0.3%   
Net worth Rs m572143,484 0.4%   
Long term debt Rs m40445,628 0.9%   
Total assets Rs m1,966307,649 0.6%  
Interest coverage x1.67.5 20.9%   
Debt to equity ratio x0.70.3 221.7%  
Sales to assets ratio x1.71.3 132.9%   
Return on assets %8.310.6 78.8%  
Return on equity %8.418.8 44.6%  
Return on capital %18.521.9 84.6%  
Exports to sales %017.8 0.0%   
Imports to sales %045.3 0.0%   
Exports (fob) Rs mNA68,563 0.0%   
Imports (cif) Rs mNA174,530 0.0%   
Fx inflow Rs m068,563 0.0%   
Fx outflow Rs m0174,530 0.0%   
Net fx Rs m0-105,968 -0.0%   
CASH FLOW
From Operations Rs m8948,181 0.2%  
From Investments Rs m-6-33,402 0.0%  
From Financial Activity Rs m7-8,294 -0.1%  
Net Cashflow Rs m907,655 1.2%  

Share Holding

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 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare RIDDHI STEEL & TUBE With:   TATA STEEL    JSW STEEL    RATNAMANI METALS    VENUS PIPES & TUBES    SHANKARA BUILDING PRODUCTS    


More on RIDDHI STEEL & TUBE vs JSL STAINLESS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

RIDDHI STEEL & TUBE vs JSL STAINLESS Share Price Performance

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.



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