Price
Financials
Standalone, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 118 | 210 | 161 | 142 | 161 | 142 | 154 | 174 | 155 | 237 | 247 | 211 |
| Expenses | 110 | 203 | 152 | 135 | 152 | 134 | 144 | 165 | 145 | 225 | 231 | 198 |
| Operating Profit | 8 | 7 | 9 | 7 | 9 | 8 | 10 | 9 | 10 | 12 | 16 | 13 |
| OPM % | 7% | 3.4% | 6% | 5% | 6% | 6% | 6% | 5% | 6% | 5% | 7% | 6% |
| Other Income | 0 | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 2 |
| Interest | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 7 | 7 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 1 |
| Profit before tax | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 4 | 5 | 6 | 9 | 6 |
| Tax % | 26% | 58% | 30% | 42% | 30% | 29% | 0% | 43% | 26% | 26% | 35% | 16% |
| Net Profit | 1 | 0 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 5 |
| EPS in Rs | 0.72 | 0.33 | 1.25 | 0.75 | 1.25 | 1.49 | 1.98 | 1.89 | 2.72 | 3.40 | 4.90 | 4.32 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 233 | 230 | 235 | 268 | 376 | 291 | 327 | 302 | 303 | 328 | 391 | 458 |
| Expenses | 218 | 214 | 219 | 252 | 357 | 273 | 312 | 286 | 285 | 309 | 369 | 429 |
| Operating Profit | 16 | 16 | 16 | 16 | 19 | 17 | 15 | 17 | 17 | 19 | 22 | 29 |
| OPM % | 7% | 7% | 7% | 6% | 5% | 6% | 4.6% | 6% | 6% | 6% | 6% | 6% |
| Other Income | 0 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 2 | 3 | 3 | 3 |
| Interest | 9 | 11 | 10 | 9 | 12 | 11 | 11 | 12 | 12 | 12 | 12 | 14 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Profit before tax | 4 | 4 | 4 | 5 | 6 | 4 | 2 | 4 | 5 | 7 | 10 | 16 |
| Tax % | 33% | 34% | 35% | 35% | 14% | 14% | 40% | 36% | 29% | 27% | 26% | 28% |
| Net Profit | 3 | 3 | 3 | 3 | 5 | 3 | 1 | 2 | 3 | 5 | 8 | 11 |
| EPS in Rs | 2.84 | 2.99 | 2.16 | 2.53 | 4.02 | 2.47 | 1.06 | 2.00 | 2.74 | 3.87 | 6.12 | 9.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 7% | 7% | 15% | 17% | ||
| Compounded Profit Growth | 16% | 54% | 50% | 51% | ||
| Stock Price CAGR | 27% | 78% | 112% | 329% | ||
| Return on Equity | 9% | 11% | 13% | 17% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 12 |
| Reserves | 14 | 17 | 26 | 29 | 34 | 37 | 38 | 41 | 44 | 49 | 54 | 61 |
| Borrowings | 75 | 81 | 78 | 83 | 104 | 99 | 107 | 126 | 120 | 132 | 130 | 137 |
| Other Liabilities | 7 | 9 | 12 | 14 | 10 | 9 | 16 | 15 | 11 | 7 | 9 | 6 |
| Total Liabilities | 102 | 112 | 124 | 134 | 155 | 153 | 169 | 190 | 183 | 197 | 201 | 217 |
| Fixed Assets | 19 | 22 | 23 | 26 | 27 | 29 | 30 | 28 | 26 | 24 | 22 | 21 |
| CWIP | 5 | 4 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 78 | 87 | 98 | 104 | 125 | 121 | 139 | 163 | 157 | 173 | 179 | 196 |
| Total Assets | 102 | 112 | 124 | 134 | 155 | 153 | 169 | 190 | 183 | 197 | 201 | 217 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6 | 2 | 3 | 12 | 3 | 28 | -3 | -8 | 17 | 9 | 13 | 6 |
| Cash from Investing Activity | -2 | -4 | -2 | -6 | -2 | -5 | 1 | 1 | 1 | -1 | -0 | 1 |
| Cash from Financing Activity | -5 | -0 | -1 | -7 | -1 | -16 | -3 | 8 | -17 | 1 | -16 | -7 |
| Net Cash Flow | -0 | -2 | 0 | -1 | 1 | 7 | -6 | 1 | 1 | 9 | -4 | 1 |
| Free Cash Flow | 4 | -2 | -1 | 5 | -0 | 22 | -5 | -10 | 16 | 8 | 12 | 4 |
| CFO/OP | 31% | 18% | 28% | 85% | 25% | 162% | -17% | -43% | 107% | 56% | 69% | 34% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 69 | 71 | 74 | 63 | 72 | 54 | 59 | 75 | 61 | 49 | 38 |
| Inventory Days | 39 | 53 | 50 | 53 | 47 | 42 | 65 | 84 | 83 | 103 | 92 | 109 |
| Days Payable | 1 | 7 | 12 | 15 | 6 | 9 | 16 | 15 | 9 | 3 | 3 | -1 |
| Cash Conversion Cycle | 91 | 116 | 110 | 112 | 104 | 105 | 104 | 129 | 150 | 161 | 139 | 148 |
| Working Capital Days | 32 | 58 | 74 | 68 | 62 | 65 | 94 | 89 | 83 | 70 | 73 | 72 |
| ROCE % | 14% | 15% | 13% | 12% | 13% | 10% | 9% | 9% | 9% | 10% | 12% | 15% |
| Sep 2021 | Dec 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.34% | 70.14% | 72.49% | 72.49% | 72.56% | 72.56% | 72.56% | 72.85% | 72.56% | 73.58% | 74.17% | 74.61% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 1.38% |
| Public | 30.66% | 29.86% | 27.51% | 27.51% | 27.44% | 27.44% | 27.44% | 27.15% | 27.44% | 26.41% | 25.46% | 24.02% |
| No. of Shareholders | 131 | 131 | 125 | 129 | 130 | 127 | 129 | 127 | 122 | 109 | 105 | 96 |
Fundamentals
Market Cap₹ 302 Cr.
Current Price₹ 243
Stock P/E26.4
Book Value₹ 59.2
ROCE14.8 %
ROE16.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)51%
Standalone figures.
Valuation
Market capRs 326 Cr
Enterprise valueRs 455 Cr
P/E (TTM)28.49x
Price to book4.43x
Price to sales0.71x
EV / EBITDA14.00x
EV / EBIT15.28x
EV / sales0.99x
Price to cash flow53.92x
Earnings yield3.51%
P/E, 3-year average10.17x
P/B, 3-year average1.40x
P/E, 5-year average9.03x
P/B, 5-year average1.01x
Profitability
Operating margin (excl. other income)6.41%
Operating margin (incl. other income)7.09%
EBITDA margin7.09%
Pre-tax margin3.46%
Net profit margin2.50%
ROE16.88%
ROCE14.77%
ROA5.48%
ROE, 3-year average12.78%
ROCE, 3-year average12.12%
ROA, 3-year average3.94%
ROE, 5-year average10.05%
ROCE, 5-year average11.05%
ROA, 5-year average3.01%
ROIC (approx.)10.66%
Tax rate27.56%
Other income / net worth4.24%
Growth
Sales growth (latest year)17.07%
Profit growth (latest year)50.86%
Sales CAGR, 3 years14.81%
Sales CAGR, 5 years6.95%
Profit CAGR, 3 years49.89%
Profit CAGR, 5 years54.28%
Per share
EPS (TTM)Rs 9.21
EPS (latest year)Rs 9.21
EPS, 3-year averageRs 8.05
EPS, 5-year averageRs 6.25
Book value per shareRs 59.15
Sales per shareRs 368.21
Cash flow per shareRs 4.87
Free cash flow per shareRs 3.22
Efficiency
Asset turnover2.11x
Fixed asset turnover21.95x
Inventory turnover3.37x
Inventory days108 days
Debtor days38 days
Debtors turnover9.72x
Creditor days-1 days
Cash conversion cycle148 days
Working capital days72 days
Leverage
Total debtRs 137 Cr
Cash and bankRs 9 Cr
Net debtRs 129 Cr
Debt to equity1.87x
Net debt / EBITDA3.96x
Interest coverage2.13x
Owners' fund to total sources33.94%
Debt to assets63.36%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -7 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 11 Cr
Cash from ops / profit, 5 years1.28x
Sales to cash flow75.68x
Statement figures
Net sales (TTM)Rs 458 Cr
Net sales (latest year)Rs 458 Cr
Operating profit excl. other income (latest year)Rs 29 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 32 Cr
PBDT (TTM)Rs 19 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 11 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 14 Cr
Cost of goods sold (latest year)Rs 418 Cr
Total expenditure (latest year)Rs 429 Cr
Total income (latest year)Rs 461 Cr
Share capitalRs 12 Cr
ReservesRs 61 Cr
Shareholders' fundsRs 74 Cr
Total assetsRs 217 Cr
Net blockRs 21 Cr
ReceivablesRs 47 Cr
InventoryRs 124 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)1.24
Ownership
Promoter holding74.61% (+1.76 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 28.5 is at the 94th percentile of its own 8.6-year range
(median 11.2, low 1.1, high 42.9).
P/B 4.44 is at the 97th percentile (median 0.65).
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.
| Period | 540082 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +21.2% | -2.8% | +24.0 pts |
| 1 month | +14.1% | -6.8% | +20.9 pts |
| 3 years | +935.7% | +14.2% | +921.6 pts |
| 5 years | +1819.2% | +27.9% | +1791.3 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
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
Mar 2026Sales ₹211 Cr +21.3% vs Mar 2024.
Net profit ₹5 Cr +150.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
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 Riddhi Steel & Tube Ltd?
Riddhi Steel & Tube Ltd (540082) has a market capitalisation of Rs 302 Cr. at the 2026-10-01 close.
What is the P/E ratio of Riddhi Steel & Tube Ltd?
Riddhi Steel & Tube Ltd trades at a P/E of 26.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Riddhi Steel & Tube Ltd's latest quarterly results?
In the Mar 2026 quarter, Riddhi Steel & Tube Ltd sales was Rs 211 Cr (+21.3% vs Mar 2024) and net profit was Rs 5 Cr.