Rajasthan Tube Manufacturing Co Ltd
Incorporated in 1985, Rajasthan Tubes Mfg. Co. Ltd. is engaged in Manufacturing and Trading of Black and Galvanized ERW Steel tubes and Pipes.
- Market Cap ₹ 16.5 Cr.
- Current Price ₹ 36.5
- High / Low ₹ 51.2 / 12.0
- Stock P/E 11.8
- Book Value ₹ 17.9
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 13.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 96.4 days to 71.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
95 | 106 | 104 | 92 | 81 | 74 | 77 | 77 | 41 | 42 | 53 | 100 | 104 | |
92 | 103 | 100 | 92 | 79 | 73 | 74 | 74 | 43 | 40 | 51 | 97 | 101 | |
Operating Profit | 3 | 4 | 3 | 1 | 2 | 1 | 3 | 2 | -1 | 2 | 2 | 2 | 3 |
OPM % | 4% | 3% | 3% | 1% | 2% | 1% | 4% | 3% | -3% | 5% | 4% | 2% | 3% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 0 | 0 | -2 | -1 | -2 | 1 | 0 | -3 | 1 | 1 | 1 | 1 |
Tax % | 24% | 36% | 26% | 1% | 126% | 31% | 46% | 50% | 0% | 24% | 8% | 8% | |
1 | 0 | 0 | -2 | 0 | -1 | 0 | 0 | -3 | 0 | 1 | 1 | 1 | |
EPS in Rs | 1.62 | 0.55 | 0.51 | -5.01 | 0.51 | -2.82 | 0.84 | 0.11 | -6.63 | 0.93 | 1.24 | 2.13 | 3.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | 5% |
3 Years: | 34% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 20% |
3 Years: | 32% |
TTM: | 278% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 14% |
3 Years: | 39% |
1 Year: | 179% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | 10% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 7 | 7 | 7 | 5 | 5 | 4 | 4 | 4 | 1 | 2 | 2 | 3 | 4 |
15 | 19 | 21 | 20 | 21 | 17 | 15 | 20 | 14 | 10 | 14 | 16 | 13 | |
12 | 16 | 11 | 13 | 16 | 14 | 5 | 5 | 3 | 1 | 8 | 6 | 13 | |
Total Liabilities | 38 | 45 | 44 | 42 | 46 | 39 | 29 | 34 | 23 | 17 | 28 | 29 | 34 |
3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | 43 | 41 | 40 | 44 | 37 | 27 | 33 | 22 | 16 | 27 | 27 | 32 | |
Total Assets | 38 | 45 | 44 | 42 | 46 | 39 | 29 | 34 | 23 | 17 | 28 | 29 | 34 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -1 | 5 | 3 | 2 | 0 | 4 | -4 | 8 | 5 | -2 | -1 | |
-0 | 0 | -1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
0 | 1 | -4 | -3 | -2 | -0 | -5 | 3 | -8 | -5 | 2 | 1 | |
Net Cash Flow | 0 | 0 | 1 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 47 | 57 | 39 | 37 | 46 | 54 | 47 | 57 | 84 | 42 | 33 | 34 |
Inventory Days | 79 | 74 | 87 | 90 | 107 | 98 | 63 | 76 | 63 | 58 | 126 | 56 |
Days Payable | 42 | 52 | 35 | 43 | 68 | 64 | 25 | 26 | 26 | 0 | 54 | 19 |
Cash Conversion Cycle | 84 | 79 | 91 | 84 | 85 | 88 | 85 | 108 | 121 | 100 | 106 | 70 |
Working Capital Days | 84 | 90 | 100 | 96 | 108 | 96 | 87 | 117 | 137 | 105 | 113 | 71 |
ROCE % | 13% | 12% | 11% | 2% | 6% | 3% | 12% | 8% | -6% | 11% | 11% | 11% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
- Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Year Ended On March 31, 2024. 1d
- Submission Of Compliance Certificate Under Regulation 40(9) Of The SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 1d
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Apr
- Closure of Trading Window 29 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:[1]
a) Electric resistance welding Black Steel Pipes
b) Electric resistance welding Galvanized Steel Pipes
c) Steel Square Tubes
d) Hot Rolled Steel Sheets