Riddhi Steel & Tube Ltd

NSE :

BSE: 540082

SECTOR : STEEL

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52w high/low	₹34.9 / ₹13
P/E ratio	24.4
Dividend	0
ROE	9.41
ROCE	10.5
Face value	10
Book value	₹69.05Cr
Market capital	₹117.14Cr

Shareholding pattern

What is shareholding pattern? Who are shareholders?

Shareholding pattern represents the percentage of share ownership that different investors are holding in the company. A company can have multiple investors who invest in its shares. These are called as shareholders and there are two major categories of shareholders - promoters and public shareholders.

Promoters are typically the founders and public shareholders could be financial institutes like banks, insurance companies, domestic institutional investors, foreign institutional investors and common public.

Cash flow

What is a cash flow statement?

It is a financial statement that offers aggregate statistics on all cash inflows a business collects from its continuing activities and external sources of investment. It also includes all cash outflows over a specified time paying for company operations and investments.The main components of the CFS are cash from three areas: operating, investing, and financing activities...Read more

Balance Sheet

What is a balance sheet?

A balance sheet is a financial statement that records the assets, liabilities, and equity of a company at a certain point in time and provides a basis for estimating return rates and determining the capital structure. It offers a snapshot of what an entity owns and owes, as well as the sum that shareholders spend.The balance sheet complies with the following accounting equation in which assets on the one side, and liabilities plus shareholders' equity on the other, balance out:

Assets = Liabilities + Shareholder's Equity

This is used to conduct fundamental analysis or the estimation of financial ratios alongside other essential financial statements, such as income statement and statement of cash flows...Read more

Profit and loss

What is a profit and loss statement?

A profit and loss statement is a financial statement that represents the revenues, costs and expenses that the company has incurred during a quater or a fiscal year. It is also sometimes referred to as statement of profit and loss, income statement or statement of operations. This statement basically shows the investors and management whether the company has incurred profits or losses and in which areas.

Key Ratios

PE TTM

24.4

P/B

2.05

ROE

9.41

ROCE

10.5

EPS TTM

5.79

EBTIDA Growth

9.29

D/E

2.02

Sector PE

19.82

₹69.05Cr

Peer Comparison

Dividends

What are dividends?

Dividend, in financial terms, means a certain amount shared with shareholders of a company or a mutual fund on a regular basis – monthly, quarterly or annually. Read more

Bonuses

What are bonuses?

A bonus issue is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies off... Read more

Company News

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Sector News

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About Riddhi Steel & Tube Ltd

Riddhi steel and tube limited was originally incorporated in Gujarat, as 'Riddhi Steel and Tube Private Limited', under the provisions of the companies Act 1956, with the Registrar of companies. The company was converted into a Public Limited Company and accordingly the name of the company was changed to 'Riddhi Steel And Tube Limited' pursuant to a special resolution passed by the shareholders at the extraordinary general meeting held on January 8, 2016, and a fresh certificate of incorporation dated February 1, 2016, consequent upon conversion to 'Public Limited Company', was issued by the Registrar of Companies. The company is engaged in the manufacturing of black and galvanized steel pipes in the various sizes having wide application in varied industries, which includes power sector, agro based industries, construction industries, and gas transportation, fire-fighting applications etc. The company also manufactures steel square hollow sections (SHS) and rectangular hollow sections (RHS) in a various size and thickness. The company is an ISO 9001:2008 certified company in compliance with quality management system and has also attained the license from the Bureau of Indian Standard for the various products. The company endeavor is to satisfy the customer by continuous improvement through process innovation and quality maintenance. The company aims to grow the operations on PAN India basis and make the brand as distinguished name in steel pipe manufacturing industry.