RATHI STEEL | MODERN STEEL | RATHI STEEL/ MODERN STEEL |
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P/E (TTM) | x | 12.1 | 31.3 | 38.6% | View Chart |
P/BV | x | 3.0 | 2.0 | 150.8% | View Chart |
Dividend Yield | % | 0.0 | 0.0 | - |
RATHI STEEL MODERN STEEL |
EQUITY SHARE DATA | |||||
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RATHI STEEL Mar-24 |
MODERN STEEL Mar-24 |
RATHI STEEL/ MODERN STEEL |
5-Yr Chart Click to enlarge
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High | Rs | 62 | 37 | 167.2% | |
Low | Rs | 3 | 12 | 26.0% | |
Sales per share (Unadj.) | Rs | 57.9 | 0 | - | |
Earnings per share (Unadj.) | Rs | 2.8 | 0.4 | 660.9% | |
Cash flow per share (Unadj.) | Rs | 3.8 | 0.4 | 906.5% | |
Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
Avg Dividend yield | % | 0 | 0 | - | |
Book value per share (Unadj.) | Rs | 14.5 | 9.7 | 148.6% | |
Shares outstanding (eoy) | m | 85.06 | 13.76 | 618.2% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.6 | 0 | - | |
Avg P/E ratio | x | 11.9 | 59.1 | 20.1% | |
P/CF ratio (eoy) | x | 8.6 | 59.1 | 14.6% | |
Price / Book Value ratio | x | 2.3 | 2.5 | 89.3% | |
Dividend payout | % | 0 | 0 | - | |
Avg Mkt Cap | Rs m | 2,791 | 340 | 820.0% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 95 | 4 | 2,592.1% | |
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 | 0 | - | |
Other income | Rs m | 35 | 19 | 185.0% | |
Total revenues | Rs m | 4,963 | 19 | 26,553.4% | |
Gross profit | Rs m | 406 | -13 | -3,142.2% | |
Depreciation | Rs m | 87 | 0 | - | |
Interest | Rs m | 117 | 0 | 1,173,600.0% | |
Profit before tax | Rs m | 236 | 6 | 4,098.4% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 1 | 0 | - | |
Profit after tax | Rs m | 235 | 6 | 4,085.8% | |
Gross profit margin | % | 8.2 | 0 | - | |
Effective tax rate | % | 0.3 | 0 | - | |
Net profit margin | % | 4.8 | 0 | - |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 716 | 138 | 518.0% | |
Current liabilities | Rs m | 736 | 5 | 14,209.3% | |
Net working cap to sales | % | -0.4 | 0 | - | |
Current ratio | x | 1.0 | 26.7 | 3.6% | |
Inventory Days | Days | 3 | 0 | - | |
Debtors Days | Days | 120 | 0 | - | |
Net fixed assets | Rs m | 750 | 1 | 88,194.1% | |
Share capital | Rs m | 955 | 144 | 662.8% | |
"Free" reserves | Rs m | 276 | -10 | -2,741.6% | |
Net worth | Rs m | 1,231 | 134 | 918.7% | |
Long term debt | Rs m | 0 | 0 | - | |
Total assets | Rs m | 1,466 | 139 | 1,053.6% | |
Interest coverage | x | 3.0 | 577.0 | 0.5% | |
Debt to equity ratio | x | 0 | 0 | - | |
Sales to assets ratio | x | 3.4 | 0 | - | |
Return on assets | % | 24.1 | 4.1 | 580.3% | |
Return on equity | % | 19.1 | 4.3 | 444.6% | |
Return on capital | % | 28.7 | 4.3 | 666.8% | |
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 | 0 | - | |
Net fx | Rs m | -596 | 0 | - |
CASH FLOW | |||||
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From Operations | Rs m | 241 | 5 | 5,181.5% | |
From Investments | Rs m | -102 | NA | - | |
From Financial Activity | Rs m | -87 | NA | 869,600.0% | |
Net Cashflow | Rs m | 53 | 5 | 1,136.1% |
Indian Promoters | % | 40.3 | 65.5 | 61.5% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 11.8 | 0.1 | 23,680.0% | |
FIIs | % | 9.0 | 0.0 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 59.7 | 34.5 | 173.1% | |
Shareholders | 22,248 | 9,732 | 228.6% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
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 | MODERN STEEL | S&P BSE METAL |
---|---|---|---|
1-Day | 2.32% | -2.13% | 1.20% |
1-Month | -14.95% | -8.44% | -5.06% |
1-Year | 62.90% | -40.28% | 27.29% |
3-Year CAGR | 135.86% | 75.57% | 16.37% |
5-Year CAGR | 67.34% | 13.08% | 26.25% |
* Compound Annual Growth Rate
Here are more details on the RATHI STEEL & POWER share price and the MODERN STEEL share price.
Moving on to shareholding structures...
The promoters of RATHI STEEL & POWER hold a 40.3% stake in the company. In case of MODERN STEEL the stake stands at 65.5%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of RATHI STEEL & POWER and the shareholding pattern of MODERN STEEL.
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%.
MODERN STEEL paid Rs 0.0, and its dividend payout ratio stood at 0.0%.
You may visit here to review the dividend history of RATHI STEEL & POWER, and the dividend history of MODERN STEEL.
For a sector overview, read our steel sector report.
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.