MarketFriction

Remi Edelstahl Tubulars Ltd

BSE 513043 · Iron & Steel Products
₹210.15 -7.26%
BSE close2026-10-01
Market cap₹318 Cr.
P/E107

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales27.2628.3540.3322.9731.9542.9140.7226.6233.4534.1247.4435.19
Expenses25.3327.1337.5021.6629.5340.5038.9725.9030.9832.4944.4533.33
Operating Profit1.931.222.831.312.422.411.750.722.471.632.991.86
OPM %7.08%4.30%7.02%5.70%7.57%5.62%4.30%2.70%7.38%4.78%6.30%5.29%
Other Income0.060.140.810.060.120.220.110.730.140.000.430.18
Interest0.320.400.590.280.290.400.390.340.340.341.010.62
Depreciation0.870.870.930.840.840.900.940.830.870.830.830.81
Profit before tax0.800.092.120.251.411.330.530.281.400.461.580.61
Tax %27.50%22.22%25.94%24.00%10.64%37.59%22.64%25.00%26.43%15.22%30.38%27.87%
Net Profit0.580.061.570.201.260.830.420.211.030.391.110.45
EPS in Rs0.530.051.430.181.150.760.380.190.940.330.880.36
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales98645912510582106135117139142150
Expenses996756117987799129111130133141
Operating Profit-1-23875656889
OPM %-0.7%-3.4%5%6%7%6%6%4.0%5%6%6%6%
Other Income422111211111
Interest733431222222
Depreciation555554444433
Profit before tax-9-8-3000202444
Tax %-32%-45%-35%75%42%12%70%44%25%24%26%
Net Profit-6-4-2000101333
EPS in Rs-6.10-3.96-1.770.110.140.200.580.141.272.432.172.51
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%12%2%6%
Compounded Profit Growth9%62%143%10%
Stock Price CAGR26%57%78%49%
Return on Equity0%3%4%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101011111111111111111113
Reserves373132303030313131323557
Borrowings694834514429363124301553
Other Liabilities292116122318111917111616
Total Liabilities14611093104108888992838577138
Fixed Assets524844413634312824222529
CWIP0000100000028
Investments110000000000
Other Assets936248637154586459635280
Total Assets14611093104108888992838577138
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-8176-14719-558-523-22
Cash from Investing Activity-2211-0-1-0-0-00-6-34
Cash from Financing Activity11-19-718-6-175-1-114-1756
Net Cash Flow00-040004-3-10-0
Free Cash Flow-11174-15617-558-616-57
CFO/OP-79%-2,631%-225%-446%90%252%-90%98%155%-85%281%-259%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days42626712863521137362904461
Inventory Days176184222298132134143169110128103169
Days Payable424243454731285234102621
Cash Conversion Cycle176204247381147156228190138209120209
Working Capital Days4983861548691128106751018083
ROCE %6%-3%-8%-1%4%4%2%5%4%6%8%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.70%74.69%74.69%74.69%74.69%74.69%74.69%74.69%74.69%72.71%68.84%68.84%
DIIs0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.08%0.08%
Public25.21%25.22%25.21%25.22%25.23%25.22%25.22%25.22%25.22%27.23%31.07%31.08%
No. of Shareholders3,6383,6913,8064,1034,1184,5814,5884,5274,4534,4114,3194,321

Fundamentals

Market Cap₹ 318 Cr.
Current Price₹ 237
Stock P/E107
Book Value₹ 55.1
ROCE6.24 %
ROE3.72 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)10%
Standalone figures.
Valuation
Market capRs 265 Cr
Enterprise valueRs 316 Cr
P/E (TTM)88.96x
Price to book3.82x
Price to sales1.76x
EV / EBITDA32.60x
EV / EBIT49.71x
EV / sales2.10x
Earnings yield1.12%
P/E, 3-year average49.47x
P/B, 3-year average2.01x
P/E, 5-year average101.16x
P/B, 5-year average1.62x
Profitability
Operating margin (excl. other income)5.82%
Operating margin (incl. other income)6.74%
EBITDA margin6.46%
Pre-tax margin2.70%
Net profit margin1.98%
Net margin, latest quarter1.28%
ROE4.75%
ROCE6.75%
ROA2.56%
ROE, 3-year average4.65%
ROCE, 3-year average6.66%
ROA, 3-year average2.51%
ROE, 5-year average3.17%
ROCE, 5-year average5.80%
ROA, 5-year average1.68%
ROIC (approx.)3.89%
Tax rate26.27%
Other income / net worth1.87%
Growth
Sales growth (latest year)2.21%
Profit growth (latest year)2.62%
Sales CAGR, 3 years1.66%
Sales CAGR, 5 years11.52%
Profit CAGR, 3 years163.36%
Profit CAGR, 5 years65.60%
Sales growth QoQ-25.82%
Profit growth QoQ-59.46%
Sales growth YoY (latest quarter)32.19%
Profit growth YoY (latest quarter)114.29%
Per share
EPS (TTM)Rs 2.36
EPS (latest year)Rs 2.17
EPS (latest quarter)Rs 0.36
EPS, 3-year averageRs 1.96
EPS, 5-year averageRs 1.32
Book value per shareRs 55.07
Sales per shareRs 119.07
Cash flow per shareRs -17.55
Free cash flow per shareRs -45.19
Efficiency
Asset turnover1.03x
Fixed asset turnover4.83x
Inventory turnover2.57x
Inventory days142 days
Debtor days61 days
Debtors turnover6.02x
Creditor days21 days
Cash conversion cycle209 days
Working capital days83 days
Leverage
Total debtRs 53 Cr
Cash and bankRs 2 Cr
Net debtRs 51 Cr
Debt to equity0.76x
Net debt / EBITDA5.27x
Interest coverage2.75x
Owners' fund to total sources50.48%
Debt to assets38.23%
Cash flow
Cash from Operating Activity (latest year)Rs -22 Cr
Cash from Investing Activity (latest year)Rs -34 Cr
Cash from Financing Activity (latest year)Rs 56 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -57 Cr
FCFE (approx.: FCF + change in debt)Rs -19 Cr
Cash from ops / profit, 5 years1.12x
Statement figures
Net sales (TTM)Rs 150 Cr
Net sales (latest year)Rs 142 Cr
Sales (latest quarter)Rs 35 Cr
Operating profit excl. other income (latest year)Rs 8 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 116 Cr
Total expenditure (latest year)Rs 133 Cr
Total income (latest year)Rs 143 Cr
Share capitalRs 13 Cr
ReservesRs 57 Cr
Shareholders' fundsRs 69 Cr
Total assetsRs 138 Cr
Net blockRs 29 Cr
Capital work in progressRs 28 Cr
InvestmentsRs 0 Cr
ReceivablesRs 24 Cr
InventoryRs 45 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)1.26
Ownership
Promoter holding68.84% (-5.85 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 89.0 is at the 37th percentile of its own 6.8-year range (median 101.0, low 24.4, high 362.1).
P/B 3.82 is at the 92th percentile (median 1.13).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period513043Nifty 50Difference
1 week-18.2%-2.8% -15.4 pts
1 month-6.1%-6.8% +0.7 pts
3 months+19.1%-7.6% +26.7 pts
3 years+397.5%+14.2% +383.3 pts
5 years+724.1%+27.9% +696.2 pts

Red flags

F-score 1 of 8
explainWeak cash conversion Cash from operations was -65% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 18% of total assets in 2026
explainReceivables outrunning sales Receivables grew 42% vs sales +2% in 2026
lookInventory outrunning sales Inventory grew 63% vs sales +2% in 2026
lookShare dilution Share count up 15% in a year, 15% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹35 Cr +32.2% vs Jun 2025. Net profit ₹0 Cr +114.3%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Remi Edelstahl Tubulars Ltd?

Remi Edelstahl Tubulars Ltd (513043) has a market capitalisation of Rs 318 Cr. at the 2026-10-01 close.

What is the P/E ratio of Remi Edelstahl Tubulars Ltd?

Remi Edelstahl Tubulars Ltd trades at a P/E of 107 on trailing twelve-month profit, at the 2026-10-01 close.

What were Remi Edelstahl Tubulars Ltd's latest quarterly results?

In the Jun 2026 quarter, Remi Edelstahl Tubulars Ltd sales was Rs 35 Cr (+32.2% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03