RIDDHI STEEL & TUBE | MANAKSIA STEELS | RIDDHI STEEL & TUBE/ MANAKSIA STEELS |
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P/E (TTM) | x | - | 33.3 | - | View Chart |
P/BV | x | 1.9 | 1.3 | 143.3% | View Chart |
Dividend Yield | % | 0.0 | 0.0 | - |
RIDDHI STEEL & TUBE MANAKSIA STEELS |
EQUITY SHARE DATA | |||||
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RIDDHI STEEL & TUBE Mar-24 |
MANAKSIA STEELS Mar-24 |
RIDDHI STEEL & TUBE/ MANAKSIA STEELS |
5-Yr Chart Click to enlarge
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High | Rs | 90 | 107 | 84.3% | |
Low | Rs | 30 | 36 | 83.6% | |
Sales per share (Unadj.) | Rs | 395.1 | 103.9 | 380.2% | |
Earnings per share (Unadj.) | Rs | 5.8 | 4.3 | 133.6% | |
Cash flow per share (Unadj.) | Rs | 9.8 | 5.4 | 181.6% | |
Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
Avg Dividend yield | % | 0 | 0 | - | |
Book value per share (Unadj.) | Rs | 69.1 | 45.8 | 150.6% | |
Shares outstanding (eoy) | m | 8.29 | 65.53 | 12.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.2 | 0.7 | 22.1% | |
Avg P/E ratio | x | 10.4 | 16.5 | 63.0% | |
P/CF ratio (eoy) | x | 6.1 | 13.3 | 46.3% | |
Price / Book Value ratio | x | 0.9 | 1.6 | 55.9% | |
Dividend payout | % | 0 | 0 | - | |
Avg Mkt Cap | Rs m | 499 | 4,686 | 10.6% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 31 | 206 | 15.2% | |
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 | 6,811 | 48.1% | |
Other income | Rs m | 26 | 156 | 16.7% | |
Total revenues | Rs m | 3,302 | 6,967 | 47.4% | |
Gross profit | Rs m | 188 | 374 | 50.4% | |
Depreciation | Rs m | 33 | 70 | 47.7% | |
Interest | Rs m | 116 | 82 | 140.6% | |
Profit before tax | Rs m | 65 | 378 | 17.3% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 18 | 94 | 18.5% | |
Profit after tax | Rs m | 48 | 284 | 16.9% | |
Gross profit margin | % | 5.7 | 5.5 | 104.7% | |
Effective tax rate | % | 26.7 | 25.0 | 107.1% | |
Net profit margin | % | 1.5 | 4.2 | 35.1% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 1,729 | 3,750 | 46.1% | |
Current liabilities | Rs m | 983 | 2,098 | 46.9% | |
Net working cap to sales | % | 22.8 | 24.3 | 93.9% | |
Current ratio | x | 1.8 | 1.8 | 98.4% | |
Inventory Days | Days | 0 | 107 | 0.0% | |
Debtors Days | Days | 607 | 141 | 431.7% | |
Net fixed assets | Rs m | 237 | 1,450 | 16.3% | |
Share capital | Rs m | 83 | 66 | 126.5% | |
"Free" reserves | Rs m | 490 | 2,939 | 16.7% | |
Net worth | Rs m | 572 | 3,004 | 19.1% | |
Long term debt | Rs m | 404 | 0 | - | |
Total assets | Rs m | 1,966 | 5,200 | 37.8% | |
Interest coverage | x | 1.6 | 5.6 | 28.0% | |
Debt to equity ratio | x | 0.7 | 0 | - | |
Sales to assets ratio | x | 1.7 | 1.3 | 127.2% | |
Return on assets | % | 8.3 | 7.0 | 118.2% | |
Return on equity | % | 8.4 | 9.4 | 88.7% | |
Return on capital | % | 18.5 | 15.3 | 121.0% | |
Exports to sales | % | 0 | 22.2 | 0.0% | |
Imports to sales | % | 0 | 28.3 | 0.0% | |
Exports (fob) | Rs m | NA | 1,512 | 0.0% | |
Imports (cif) | Rs m | NA | 1,926 | 0.0% | |
Fx inflow | Rs m | 0 | 1,512 | 0.0% | |
Fx outflow | Rs m | 0 | 1,926 | 0.0% | |
Net fx | Rs m | 0 | -414 | -0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 89 | -522 | -17.1% | |
From Investments | Rs m | -6 | -844 | 0.7% | |
From Financial Activity | Rs m | 7 | 1,296 | 0.5% | |
Net Cashflow | Rs m | 90 | -32 | -278.3% |
Indian Promoters | % | 72.6 | 74.8 | 97.1% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 0.0 | 0.6 | - | |
FIIs | % | 0.0 | 0.6 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 27.4 | 25.3 | 108.7% | |
Shareholders | 122 | 32,443 | 0.4% | ||
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 | MANAKSIA STEELS | S&P BSE METAL |
---|---|---|---|
1-Day | 1.30% | 3.33% | 1.65% |
1-Month | -15.19% | -4.60% | -4.64% |
1-Year | 62.42% | 32.81% | 27.85% |
3-Year CAGR | 95.01% | 27.09% | 16.54% |
5-Year CAGR | 60.87% | 46.13% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the RIDDHI STEEL & TUBE share price and the MANAKSIA STEELS share price.
Moving on to shareholding structures...
The promoters of RIDDHI STEEL & TUBE hold a 72.6% stake in the company. In case of MANAKSIA STEELS the stake stands at 74.8%.
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 MANAKSIA STEELS.
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%.
MANAKSIA STEELS paid Rs 0.0, and its dividend payout ratio stood at 0.0%.
You may visit here to review the dividend history of RIDDHI STEEL & TUBE, and the dividend history of MANAKSIA STEELS.
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.