RATHI STEEL | MIDEAST INTEGRATED STEELS | RATHI STEEL/ MIDEAST INTEGRATED STEELS |
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P/E (TTM) | x | 12.1 | -2.3 | - | View Chart |
P/BV | x | 3.0 | 0.3 | 935.6% | View Chart |
Dividend Yield | % | 0.0 | 0.0 | - |
RATHI STEEL MIDEAST INTEGRATED STEELS |
EQUITY SHARE DATA | |||||
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RATHI STEEL Mar-24 |
MIDEAST INTEGRATED STEELS Mar-24 |
RATHI STEEL/ MIDEAST INTEGRATED STEELS |
5-Yr Chart Click to enlarge
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High | Rs | 62 | NA | - | |
Low | Rs | 3 | NA | - | |
Sales per share (Unadj.) | Rs | 57.9 | 56.2 | 103.1% | |
Earnings per share (Unadj.) | Rs | 2.8 | 1.4 | 194.6% | |
Cash flow per share (Unadj.) | Rs | 3.8 | 6.2 | 61.6% | |
Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
Avg Dividend yield | % | 0 | 0 | - | |
Book value per share (Unadj.) | Rs | 14.5 | 29.9 | 48.3% | |
Shares outstanding (eoy) | m | 85.06 | 137.88 | 61.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.6 | 0 | - | |
Avg P/E ratio | x | 11.9 | 0 | - | |
P/CF ratio (eoy) | x | 8.6 | 0 | - | |
Price / Book Value ratio | x | 2.3 | 0 | - | |
Dividend payout | % | 0 | 0 | - | |
Avg Mkt Cap | Rs m | 2,791 | 0 | - | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 95 | 185 | 51.5% | |
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 | 7,750 | 63.6% | |
Other income | Rs m | 35 | 1,227 | 2.8% | |
Total revenues | Rs m | 4,963 | 8,977 | 55.3% | |
Gross profit | Rs m | 406 | 79 | 516.2% | |
Depreciation | Rs m | 87 | 654 | 13.4% | |
Interest | Rs m | 117 | 385 | 30.5% | |
Profit before tax | Rs m | 236 | 267 | 88.5% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 1 | 71 | 1.0% | |
Profit after tax | Rs m | 235 | 196 | 120.0% | |
Gross profit margin | % | 8.2 | 1.0 | 811.8% | |
Effective tax rate | % | 0.3 | 26.5 | 1.2% | |
Net profit margin | % | 4.8 | 2.5 | 188.8% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 716 | 8,178 | 8.8% | |
Current liabilities | Rs m | 736 | 6,779 | 10.9% | |
Net working cap to sales | % | -0.4 | 18.1 | -2.2% | |
Current ratio | x | 1.0 | 1.2 | 80.7% | |
Inventory Days | Days | 3 | 118 | 2.9% | |
Debtors Days | Days | 120 | 10 | 1,173.7% | |
Net fixed assets | Rs m | 750 | 12,328 | 6.1% | |
Share capital | Rs m | 955 | 1,379 | 69.2% | |
"Free" reserves | Rs m | 276 | 2,751 | 10.0% | |
Net worth | Rs m | 1,231 | 4,129 | 29.8% | |
Long term debt | Rs m | 0 | 5,574 | 0.0% | |
Total assets | Rs m | 1,466 | 20,507 | 7.1% | |
Interest coverage | x | 3.0 | 1.7 | 178.0% | |
Debt to equity ratio | x | 0 | 1.3 | 0.0% | |
Sales to assets ratio | x | 3.4 | 0.4 | 889.5% | |
Return on assets | % | 24.1 | 2.8 | 848.7% | |
Return on equity | % | 19.1 | 4.7 | 402.8% | |
Return on capital | % | 28.7 | 6.7 | 427.4% | |
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 | 499 | 48.4% | |
From Investments | Rs m | -102 | -81 | 125.6% | |
From Financial Activity | Rs m | -87 | -308 | 28.3% | |
Net Cashflow | Rs m | 53 | 110 | 48.1% |
Indian Promoters | % | 40.3 | 53.6 | 75.2% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 11.8 | 0.2 | 7,893.3% | |
FIIs | % | 9.0 | 0.0 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 59.7 | 46.4 | 128.6% | |
Shareholders | 22,248 | 92,660 | 24.0% | ||
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 | MIDEAST INTEGRATED STEELS | S&P BSE METAL |
---|---|---|---|
1-Day | 2.32% | -4.96% | 1.39% |
1-Month | -14.95% | -18.40% | -4.88% |
1-Year | 62.90% | -37.30% | 27.53% |
3-Year CAGR | 135.86% | 1.92% | 16.44% |
5-Year CAGR | 67.34% | -25.12% | 26.30% |
* Compound Annual Growth Rate
Here are more details on the RATHI STEEL & POWER share price and the MIDEAST INTEGRATED STEELS share price.
Moving on to shareholding structures...
The promoters of RATHI STEEL & POWER hold a 40.3% stake in the company. In case of MIDEAST INTEGRATED STEELS the stake stands at 53.6%.
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 MIDEAST INTEGRATED STEELS.
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%.
MIDEAST INTEGRATED STEELS 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 MIDEAST INTEGRATED STEELS.
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.