RIDDHI STEEL & TUBE | SURAJ STAINLESS | RIDDHI STEEL & TUBE/ SURAJ STAINLESS |
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P/E (TTM) | x | - | 37.6 | - | View Chart |
P/BV | x | 1.9 | 6.5 | 29.5% | View Chart |
Dividend Yield | % | 0.0 | 0.3 | - |
RIDDHI STEEL & TUBE SURAJ STAINLESS |
EQUITY SHARE DATA | |||||
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RIDDHI STEEL & TUBE Mar-24 |
SURAJ STAINLESS Mar-24 |
RIDDHI STEEL & TUBE/ SURAJ STAINLESS |
5-Yr Chart Click to enlarge
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High | Rs | 90 | 251 | 36.0% | |
Low | Rs | 30 | 72 | 41.7% | |
Sales per share (Unadj.) | Rs | 395.1 | 180.1 | 219.4% | |
Earnings per share (Unadj.) | Rs | 5.8 | 11.7 | 49.4% | |
Cash flow per share (Unadj.) | Rs | 9.8 | 16.8 | 58.2% | |
Dividends per share (Unadj.) | Rs | 0 | 1.50 | 0.0% | |
Avg Dividend yield | % | 0 | 0.9 | 0.0% | |
Book value per share (Unadj.) | Rs | 69.1 | 66.7 | 103.5% | |
Shares outstanding (eoy) | m | 8.29 | 18.36 | 45.2% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.2 | 0.9 | 17.0% | |
Avg P/E ratio | x | 10.4 | 13.8 | 75.5% | |
P/CF ratio (eoy) | x | 6.1 | 9.6 | 64.0% | |
Price / Book Value ratio | x | 0.9 | 2.4 | 36.0% | |
Dividend payout | % | 0 | 12.8 | 0.0% | |
Avg Mkt Cap | Rs m | 499 | 2,965 | 16.8% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 31 | 223 | 14.0% | |
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 | 3,307 | 99.1% | |
Other income | Rs m | 26 | 35 | 75.4% | |
Total revenues | Rs m | 3,302 | 3,341 | 98.8% | |
Gross profit | Rs m | 188 | 403 | 46.7% | |
Depreciation | Rs m | 33 | 94 | 35.4% | |
Interest | Rs m | 116 | 37 | 314.8% | |
Profit before tax | Rs m | 65 | 307 | 21.3% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 18 | 92 | 19.0% | |
Profit after tax | Rs m | 48 | 215 | 22.3% | |
Gross profit margin | % | 5.7 | 12.2 | 47.1% | |
Effective tax rate | % | 26.7 | 30.0 | 89.2% | |
Net profit margin | % | 1.5 | 6.5 | 22.5% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 1,729 | 716 | 241.5% | |
Current liabilities | Rs m | 983 | 617 | 159.3% | |
Net working cap to sales | % | 22.8 | 3.0 | 760.5% | |
Current ratio | x | 1.8 | 1.2 | 151.5% | |
Inventory Days | Days | 0 | 32 | 0.0% | |
Debtors Days | Days | 607 | 378 | 160.7% | |
Net fixed assets | Rs m | 237 | 1,140 | 20.8% | |
Share capital | Rs m | 83 | 184 | 45.1% | |
"Free" reserves | Rs m | 490 | 1,042 | 47.0% | |
Net worth | Rs m | 572 | 1,225 | 46.7% | |
Long term debt | Rs m | 404 | 0 | - | |
Total assets | Rs m | 1,966 | 1,856 | 105.9% | |
Interest coverage | x | 1.6 | 9.4 | 16.7% | |
Debt to equity ratio | x | 0.7 | 0 | - | |
Sales to assets ratio | x | 1.7 | 1.8 | 93.5% | |
Return on assets | % | 8.3 | 13.6 | 61.3% | |
Return on equity | % | 8.4 | 17.6 | 47.7% | |
Return on capital | % | 18.5 | 28.1 | 66.0% | |
Exports to sales | % | 0 | 65.3 | 0.0% | |
Imports to sales | % | 0 | 40.5 | 0.0% | |
Exports (fob) | Rs m | NA | 2,161 | 0.0% | |
Imports (cif) | Rs m | NA | 1,338 | 0.0% | |
Fx inflow | Rs m | 0 | 2,161 | 0.0% | |
Fx outflow | Rs m | 0 | 1,351 | 0.0% | |
Net fx | Rs m | 0 | 810 | 0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 89 | 408 | 21.8% | |
From Investments | Rs m | -6 | -470 | 1.3% | |
From Financial Activity | Rs m | 7 | 58 | 11.8% | |
Net Cashflow | Rs m | 90 | -4 | -2,480.4% |
Indian Promoters | % | 72.6 | 75.0 | 96.7% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 0.0 | 0.4 | - | |
FIIs | % | 0.0 | 0.0 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 27.4 | 25.0 | 109.8% | |
Shareholders | 122 | 3,192 | 3.8% | ||
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 | SURAJ STAINLESS | S&P BSE METAL |
---|---|---|---|
1-Day | 1.30% | -4.97% | 1.65% |
1-Month | -15.19% | -2.97% | -4.64% |
1-Year | 62.42% | 133.17% | 27.85% |
3-Year CAGR | 95.01% | 100.10% | 16.54% |
5-Year CAGR | 60.87% | 63.09% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the RIDDHI STEEL & TUBE share price and the SURAJ 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 SURAJ STAINLESS the stake stands at 75.0%.
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 SURAJ 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%.
SURAJ STAINLESS paid Rs 1.5, and its dividend payout ratio stood at 12.8%.
You may visit here to review the dividend history of RIDDHI STEEL & TUBE, and the dividend history of SURAJ 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.