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Stock DNA
Steel/Sponge Iron/Pig Iron
INR 87 Cr (Micro Cap)
18.00
24
0.00%
2.10
8.38%
1.52
Revenue and Profits (1 Year):
Net Sales:
(Quarterly Results - )
Net Profit:
Total Returns (Price + Dividend) 
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-18.19%
0%
-18.19%
1 Year
187.12%
0%
187.12%
2 Years
122.98%
0%
122.98%
3 Years
230.08%
0%
230.08%
4 Years
460.43%
0%
460.43%
5 Years
1487.88%
0%
1487.88%
Riddhi Steel for the last several years.
Risk Adjusted Returns v/s Sensex 
Returns Beta
Beta has not been calculated since enough price history is not available
Quality key factors 
Factor
Value
Sales Growth (5y)
-2.70%
EBIT Growth (5y)
-0.46%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
5.27
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.16
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.38%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
24
Price to Book Value
1.52
EV to EBIT
13.45
EV to EBITDA
11.06
EV to Capital Employed
1.17
EV to Sales
0.63
PEG Ratio
0.44
Dividend Yield
NA
ROCE (Latest)
8.68%
ROE (Latest)
8.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Sep 2024
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Preeti Rajesh Mittal (37.59%)
Highest Public shareholder
Mayurkumar Babubhai Patel (4.99%)
Individual Investors Holdings
22.0%
Half Yearly Results Snapshot (Standalone) - Sep'23
Sep'23
Sep'22
Change(%)
Net Sales
153.63
160.72
-4.41%
Operating Profit (PBDIT) excl Other Income
9.56
9.09
5.17%
Interest
6.49
5.72
13.46%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.46
1.55
58.71%
Operating Profit Margin (Excl OI)
6.22%
5.66%
0.56%
Values in Rs Cr.
Net Sales
Growth in half year ended Sep 2023 is -4.41% vs 13.28% in Sep 2022
Standalone Net Profit
Growth in half year ended Sep 2023 is 58.71% vs 66.67% in Sep 2022
Annual Results Snapshot (Standalone) - Mar'24
Mar'24
Mar'23
Change(%)
Net Sales
327.57
302.67
8.23%
Operating Profit (PBDIT) excl Other Income
18.71
17.16
9.03%
Interest
11.45
11.60
-1.29%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.80
3.40
41.18%
Operating Profit Margin (Excl OI)
5.71%
5.67%
0.04%
Values in Rs Cr.
Net Sales
YoY Growth in year ended Mar 2024 is 8.23% vs 0.02% in Mar 2023
Standalone Net Profit
YoY Growth in year ended Mar 2024 is 41.18% vs 37.10% in Mar 2023
About Riddhi Steel & Tube Ltd 
Riddhi Steel & Tube Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Riddhi Steel and Tube Limited was originally incorporated on September 07, 2001, as Riddhi Steel and Tube Private Limited with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Company was converted into a Public Limited company and accordingly the name was changed to Riddhi Steel and Tube Limited. A fresh Certificate of Incorporation consequent upon conversion to Public Limited Company was issued on February 01, 2016 by Registrar of Companies, Ahmedabad, Gujarat.
Company Coordinates 
Company Details
83/84 Village Kamod Piplaj, Pirana Road Post-Aslali Ahmedabad Gujarat : 382427
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad