RATHI STEEL | HI-TECH PIPES | RATHI STEEL/ HI-TECH PIPES |
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P/E (TTM) | x | 12.4 | 55.7 | 22.3% | View Chart |
P/BV | x | 3.1 | 6.5 | 47.4% | View Chart |
Dividend Yield | % | 0.0 | 0.0 | - |
RATHI STEEL HI-TECH PIPES |
EQUITY SHARE DATA | |||||
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RATHI STEEL Mar-24 |
HI-TECH PIPES Mar-24 |
RATHI STEEL/ HI-TECH PIPES |
5-Yr Chart Click to enlarge
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High | Rs | 62 | 170 | 36.8% | |
Low | Rs | 3 | 71 | 4.4% | |
Sales per share (Unadj.) | Rs | 57.9 | 180.1 | 32.2% | |
Earnings per share (Unadj.) | Rs | 2.8 | 2.9 | 94.4% | |
Cash flow per share (Unadj.) | Rs | 3.8 | 4.0 | 95.7% | |
Dividends per share (Unadj.) | Rs | 0 | 0.03 | 0.0% | |
Avg Dividend yield | % | 0 | 0 | 0.0% | |
Book value per share (Unadj.) | Rs | 14.5 | 35.2 | 41.1% | |
Shares outstanding (eoy) | m | 85.06 | 149.89 | 56.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.6 | 0.7 | 84.6% | |
Avg P/E ratio | x | 11.9 | 41.1 | 28.8% | |
P/CF ratio (eoy) | x | 8.6 | 30.4 | 28.5% | |
Price / Book Value ratio | x | 2.3 | 3.4 | 66.2% | |
Dividend payout | % | 0 | 0.9 | 0.0% | |
Avg Mkt Cap | Rs m | 2,791 | 18,061 | 15.5% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 95 | 315 | 30.2% | |
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 | 4,928 | 26,993 | 18.3% | |
Other income | Rs m | 35 | 12 | 293.5% | |
Total revenues | Rs m | 4,963 | 27,005 | 18.4% | |
Gross profit | Rs m | 406 | 1,149 | 35.4% | |
Depreciation | Rs m | 87 | 155 | 56.5% | |
Interest | Rs m | 117 | 419 | 28.0% | |
Profit before tax | Rs m | 236 | 587 | 40.2% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 1 | 148 | 0.5% | |
Profit after tax | Rs m | 235 | 439 | 53.6% | |
Gross profit margin | % | 8.2 | 4.3 | 193.7% | |
Effective tax rate | % | 0.3 | 25.1 | 1.2% | |
Net profit margin | % | 4.8 | 1.6 | 293.4% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 716 | 7,218 | 9.9% | |
Current liabilities | Rs m | 736 | 4,721 | 15.6% | |
Net working cap to sales | % | -0.4 | 9.3 | -4.3% | |
Current ratio | x | 1.0 | 1.5 | 63.6% | |
Inventory Days | Days | 3 | 6 | 55.1% | |
Debtors Days | Days | 120 | 379 | 31.8% | |
Net fixed assets | Rs m | 750 | 4,631 | 16.2% | |
Share capital | Rs m | 955 | 150 | 636.9% | |
"Free" reserves | Rs m | 276 | 5,126 | 5.4% | |
Net worth | Rs m | 1,231 | 5,275 | 23.3% | |
Long term debt | Rs m | 0 | 1,065 | 0.0% | |
Total assets | Rs m | 1,466 | 11,849 | 12.4% | |
Interest coverage | x | 3.0 | 2.4 | 125.4% | |
Debt to equity ratio | x | 0 | 0.2 | 0.0% | |
Sales to assets ratio | x | 3.4 | 2.3 | 147.6% | |
Return on assets | % | 24.1 | 7.2 | 332.3% | |
Return on equity | % | 19.1 | 8.3 | 229.6% | |
Return on capital | % | 28.7 | 15.9 | 181.1% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 12.1 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | 596 | NA | - | |
Fx inflow | Rs m | 0 | 0 | - | |
Fx outflow | Rs m | 596 | 4 | 14,201.9% | |
Net fx | Rs m | -596 | -4 | 14,201.9% |
CASH FLOW | |||||
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From Operations | Rs m | 241 | -952 | -25.4% | |
From Investments | Rs m | -102 | -1,171 | 8.7% | |
From Financial Activity | Rs m | -87 | 2,128 | -4.1% | |
Net Cashflow | Rs m | 53 | 4 | 1,187.2% |
Indian Promoters | % | 40.3 | 50.8 | 79.4% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 11.8 | 19.4 | 61.2% | |
FIIs | % | 9.0 | 9.3 | 96.1% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 59.7 | 49.2 | 121.2% | |
Shareholders | 22,248 | 61,937 | 35.9% | ||
Pledged promoter(s) holding | % | 0.0 | 2.6 | - |
Compare RATHI STEEL 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 | RATHI STEEL & POWER | HI-TECH PIPES | S&P BSE METAL |
---|---|---|---|
1-Day | 1.34% | 2.23% | 0.20% |
1-Month | -14.07% | -1.65% | -1.90% |
1-Year | 78.69% | 51.70% | 25.80% |
3-Year CAGR | 138.20% | -34.19% | 15.28% |
5-Year CAGR | 68.33% | 3.92% | 25.59% |
* Compound Annual Growth Rate
Here are more details on the RATHI STEEL & POWER share price and the HI-TECH PIPES share price.
Moving on to shareholding structures...
The promoters of RATHI STEEL & POWER hold a 40.3% stake in the company. In case of HI-TECH PIPES the stake stands at 50.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of RATHI STEEL & POWER and the shareholding pattern of HI-TECH PIPES.
Finally, a word on dividends...
In the most recent financial year, RATHI STEEL & POWER paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.
HI-TECH PIPES paid Rs 0.0, and its dividend payout ratio stood at 0.9%.
You may visit here to review the dividend history of RATHI STEEL & POWER, and the dividend history of HI-TECH PIPES.
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.