Remi Edelstahl Tubulars Adjusts Valuation Grade Amid Competitive Industry Landscape
2025-03-28 08:00:26Remi Edelstahl Tubulars, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone a valuation adjustment. The company's current price stands at 75.55, reflecting a decline from its previous close of 78.60. Over the past year, Remi has shown a stock return of 14.47%, outperforming the Sensex, which returned 6.32% in the same period. However, year-to-date performance indicates a decline of 25.93%, contrasting with the Sensex's slight drop of 0.68%. Key financial metrics for Remi include a PE ratio of 21.50 and an EV to EBITDA ratio of 11.72. The company also reports a return on capital employed (ROCE) of 6.43% and a return on equity (ROE) of 8.60%. In comparison to its peers, Remi's valuation metrics position it favorably, particularly against companies like Steel Exchange and Beekay Steel Industries, which have higher PE ratios and varying EV to EBITDA ratios. This evaluation rev...
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Remi Edelstahl Tubulars Faces Bearish Outlook Despite Recent Profit Growth
2025-03-27 08:08:22Remi Edelstahl Tubulars, a microcap in the Steel industry, has experienced a recent evaluation adjustment due to shifts in technical indicators. While the company reported strong quarterly profits and record net sales, long-term fundamentals, including low ROCE and high debt levels, present ongoing challenges.
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Remi Edelstahl Tubulars Reports Strong Sales Growth Amid Long-Term Financial Concerns
2025-03-18 08:14:06Remi Edelstahl Tubulars, a microcap in the Steel industry, recently experienced a score adjustment reflecting its financial performance. In Q3 FY24-25, the company reported net sales of Rs 42.91 crore and a half-year profit after tax of Rs 2.09 crore, indicating significant growth despite challenges in long-term fundamentals.
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Remi Edelstahl Tubulars Reports Record Sales Amid Mixed Financial Indicators and Debt Concerns
2025-03-13 08:05:53Remi Edelstahl Tubulars, a microcap in the Steel industry, recently experienced an evaluation adjustment following a strong third quarter performance, marked by increased profit and record net sales. However, concerns linger regarding its long-term financial strength and modest growth, alongside a high Debt to EBITDA ratio.
Read MoreRemi Edelstahl Tubulars Shows Resilience Amid Recent Market Fluctuations
2025-03-12 18:00:21Remi Edelstahl Tubulars Ltd, operating in the Steel/Sponge Iron/Pig Iron industry, has shown notable activity in the market today. With a market capitalization of Rs 87.00 crore, the company is classified as a microcap stock. Currently, Remi Edelstahl Tubulars has a price-to-earnings (P/E) ratio of 21.67, which is significantly lower than the industry average of 34.24. Over the past year, the stock has delivered a performance of 11.74%, outperforming the Sensex, which recorded a modest gain of 0.49%. However, recent trends indicate a decline, with the stock down 0.28% today, compared to a slight decrease of 0.10% in the Sensex. In the past week, the stock has decreased by 2.99%, while the Sensex has gained 0.41%. Looking at longer-term performance, Remi Edelstahl Tubulars has seen substantial growth over the past five years, with a remarkable increase of 333.90%, compared to the Sensex's 125.85%. Despite ...
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Remi Edelstahl Tubulars Reports Strong Profit Growth and Record Sales in December 2024 Results
2025-02-12 22:19:34Remi Edelstahl Tubulars has announced its financial results for the quarter ending December 2024, showcasing a Profit After Tax of Rs 2.09 crore, marking a significant year-on-year increase. The company also reported its highest quarterly net sales in five quarters at Rs 42.91 crore, reflecting strong growth.
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Remi Edelstahl Tubulars Reports Strong Q2 Growth Amid Long-Term Financial Concerns
2025-01-28 18:49:28Remi Edelstahl Tubulars, a microcap in the Steel industry, recently experienced an evaluation adjustment following a strong second quarter in FY24-25, marked by significant profit growth. However, concerns about long-term capital efficiency and high debt levels persist, presenting a complex outlook for the company despite recent stock performance.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
09-Apr-2025 | Source : BSECertificate under Reg.74(5) of the SEBI (DP)Reg.2018 for the Quarter ended 31/03/2025
Closure of Trading Window
26-Mar-2025 | Source : BSEAs per attached letter
Shareholder Meeting / Postal Ballot-Scrutinizers Report
24-Mar-2025 | Source : BSEScrutinizers Report on results of e-voting for Postal Ballot
Corporate Actions
No Upcoming Board Meetings
Remi Edelstahl Tubulars Ltd has declared 15% dividend, ex-date: 24 Sep 08
No Splits history available
Remi Edelstahl Tubulars Ltd has announced 1:1 bonus issue, ex-date: 03 Nov 08
No Rights history available