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Remi Edelstahl

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE158G01015
  • NSEID:
  • BSEID: 513043
INR
89.00
0.05 (0.06%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 4.13 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.13 k (68.46%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.09%

Held by 0 DIIs

Promoter

74.69%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.11%

  • Poor long term growth as Net Sales has grown by an annual rate of 3.27% and Operating profit at 15.30% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.17 times
2

Stock is technically in a Mildly Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 98 Cr (Micro Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.49

stock-summary
Return on Equity

8.60%

stock-summary
Price to Book

2.18

Revenue and Profits (1 Year):
Net Sales:
43 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
14.4%
0%
14.4%
1 Year
11.8%
0%
11.8%
2 Years
145.99%
0%
145.99%
3 Years
100.68%
0%
100.68%
4 Years
345.0%
0%
345.0%
5 Years
791.78%
0%
791.78%

Latest dividend: 0.6500 per share ex-dividend date: Sep-24-2008

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.27%
EBIT Growth (5y)
15.30%
EBIT to Interest (avg)
1.52
Debt to EBITDA (avg)
5.21
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.52
Tax Ratio
24.56%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.09%
ROCE (avg)
2.81%
ROE (avg)
2.46%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
29
Price to Book Value
2.18
EV to EBIT
21.94
EV to EBITDA
13.36
EV to Capital Employed
1.79
EV to Sales
0.87
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
6.43%
ROE (Latest)
8.60%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (0.08%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Remi Finance And Investment Private Limited (24.74%)

Highest Public shareholder

Sangeetha S (3.38%)

Individual Investors Holdings

20.93%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 34.30% vs 39.09% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -34.13% vs 530.00% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "42.91",
          "val2": "31.95",
          "chgp": "34.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.40",
          "val2": "2.41",
          "chgp": "-0.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.40",
          "val2": "0.29",
          "chgp": "37.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.83",
          "val2": "1.26",
          "chgp": "-34.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.59%",
          "val2": "7.54%",
          "chgp": "-1.95%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 13.35% vs -31.95% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 680.00% vs -238.89% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "54.92",
          "val2": "48.45",
          "chgp": "13.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.72",
          "val2": "1.79",
          "chgp": "107.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.57",
          "val2": "0.67",
          "chgp": "-14.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.45",
          "val2": "-0.25",
          "chgp": "680.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.77%",
          "val2": "3.69%",
          "chgp": "3.08%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 27.38% vs -20.21% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1,300.00% vs 9.52% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "97.83",
          "val2": "76.80",
          "chgp": "27.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.12",
          "val2": "3.01",
          "chgp": "103.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.97",
          "val2": "1.07",
          "chgp": "-9.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.28",
          "val2": "-0.19",
          "chgp": "1,300.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.26%",
          "val2": "3.92%",
          "chgp": "2.34%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -13.11% vs 27.65% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 826.67% vs -76.56% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "117.13",
          "val2": "134.80",
          "chgp": "-13.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.85",
          "val2": "5.16",
          "chgp": "13.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.66",
          "val2": "2.06",
          "chgp": "-19.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.39",
          "val2": "0.15",
          "chgp": "826.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.99%",
          "val2": "3.83%",
          "chgp": "1.16%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
42.91
31.95
34.30%
Operating Profit (PBDIT) excl Other Income
2.40
2.41
-0.41%
Interest
0.40
0.29
37.93%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.83
1.26
-34.13%
Operating Profit Margin (Excl OI)
5.59%
7.54%
-1.95%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 34.30% vs 39.09% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -34.13% vs 530.00% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
54.92
48.45
13.35%
Operating Profit (PBDIT) excl Other Income
3.72
1.79
107.82%
Interest
0.57
0.67
-14.93%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.45
-0.25
680.00%
Operating Profit Margin (Excl OI)
6.77%
3.69%
3.08%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.35% vs -31.95% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 680.00% vs -238.89% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
97.83
76.80
27.38%
Operating Profit (PBDIT) excl Other Income
6.12
3.01
103.32%
Interest
0.97
1.07
-9.35%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.28
-0.19
1,300.00%
Operating Profit Margin (Excl OI)
6.26%
3.92%
2.34%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 27.38% vs -20.21% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 1,300.00% vs 9.52% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
117.13
134.80
-13.11%
Operating Profit (PBDIT) excl Other Income
5.85
5.16
13.37%
Interest
1.66
2.06
-19.42%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.39
0.15
826.67%
Operating Profit Margin (Excl OI)
4.99%
3.83%
1.16%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -13.11% vs 27.65% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 826.67% vs -76.56% in Mar 2023

stock-summaryCompany CV
About Remi Edelstahl Tubulars Ltd stock-summary
stock-summary
Remi Edelstahl Tubulars Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Remi Edelstahl Tubulars Limited, incorporated in 1970, is promoted by Chiranjilal Saraf along with his two sons, Vishwambhar C. Saraf and Rajendra C. Saraf. The Company became a deemed public company in Nov.'80 and got converted into a public company on 12 Dec.'80. Presently, the Company is engaged in manufacturing of Stainless Steel Pipes and Tubes at Tarapur, Maharashtra.
Company Coordinates stock-summary
Company Details
Remi House No 11, Cama Indl Estate Goregaon (E) Mumbai Maharashtra : 400063
stock-summary
Tel: 91-022-40589888/26851998
stock-summary
rmi_igrd@remigroup.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai