Rajas. Tube Mfg

Market Cap: Micro Cap
Industry: Steel/Sponge Iron/Pig Iron
ISIN: INE497E01012
NSEID:
BSEID: 530253

INR

250.00

-2.9 (-1.15%)

BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 9.01 k

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Lloyds Metals

Hisar Met.Inds.

JSW Steel

SAIL

Jindal Steel

Rajas. Tube Mfg

Tata Steel

Kanishk Steel

Vaswani Industri

Shah Alloys

P S Raj

Why is Rajasthan Tube Manufacturing Co Ltd ?

Weak Long Term Fundamental Strength with a -24.05% CAGR growth in Operating Profits over the last 5 years

Low ability to service debt as the company has a high Debt to EBITDA ratio of 9.04 times
The company has been able to generate a Return on Equity (avg) of 7.29% signifying low profitability per unit of shareholders funds

Negative results in Dec 24

NET SALES(9M) At Rs 48.46 cr has Grown at -36.26 %
PAT(9M) At Rs -0.61 cr has Grown at -36.26 %

With ROCE of 5.8, it has a Very Expensive valuation with a 5.8 Enterprise value to Capital Employed

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 563.13%, its profits have fallen by -147.9%

Reducing Promoter Confidence

Promoters have decreased their stake in the company by -20.29% over the previous quarter and currently hold 34.19% of the company
Promoters decreasing their stake may signify reduced confidence in the future of the business

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Steel/Sponge Iron/Pig Iron)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Rajas. Tube Mfg for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Rajas. Tube Mfg

563.13%

10.03

56.15%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-2.96%

EBIT Growth (5y)

-24.05%

EBIT to Interest (avg)

1.28

Debt to EBITDA (avg)

6.25

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

3.48

Tax Ratio

8.06%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

10.69%

ROE (avg)

7.29%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

14.36

EV to EBIT

128.25

EV to EBITDA

128.25

EV to Capital Employed

5.78

EV to Sales

1.90

PEG Ratio

Dividend Yield

ROCE (Latest)

5.77%

ROE (Latest)

-8.44%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

0What is working for the Company

NO KEY POSITIVE TRIGGERS

-13What is not working for the Company

NET SALES(9M)

At Rs 48.46 cr has Grown at -36.26 %

PAT(9M)

At Rs -0.61 cr has Grown at -36.26 %

Loading Valuation Snapshot...

Here's what is not working for Rajas. Tube Mfg

Net Sales - Quarterly

At Rs 17.61 cr has Fallen at -33.40 %

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (Rs Cr)

Profit After Tax (PAT) - Half Yearly

At Rs -0.70 cr has Grown at -52.56 %

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)