Rathi Steel & Power Ltd
Incorporated in 1971, Rathi Steel And Power Ltd is in the business of Steel and Steel related products[1]
- Market Cap ₹ 531 Cr.
- Current Price ₹ 62.4
- High / Low ₹ 67.1 / 3.15
- Stock P/E 62.4
- Book Value ₹ -6.80
- Dividend Yield 0.00 %
- ROCE 32.1 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 18.4% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -11.2%
- Promoters have pledged 47.0% of their holding.
- Earnings include an other income of Rs.78.6 Cr.
- Company's cost of borrowing seems high
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
937 | 808 | 466 | 669 | 597 | 382 | 350 | 350 | 38 | 427 | 543 | 727 | 541 | |
852 | 889 | 511 | 665 | 648 | 409 | 360 | 399 | 115 | 414 | 515 | 695 | 515 | |
Operating Profit | 85 | -80 | -46 | 4 | -50 | -27 | -10 | -48 | -77 | 13 | 28 | 32 | 27 |
OPM % | 9% | -10% | -10% | 1% | -8% | -7% | -3% | -14% | -206% | 3% | 5% | 4% | 5% |
1 | 3 | 2 | -4 | 1 | 4 | -73 | -27 | 62 | 201 | -38 | 76 | 79 | |
Interest | 54 | 56 | 49 | 50 | 18 | 17 | 14 | 0 | 2 | 7 | 13 | 12 | 13 |
Depreciation | 23 | 22 | 9 | 32 | 24 | 23 | 19 | 8 | 8 | 16 | 13 | 8 | 9 |
Profit before tax | 10 | -156 | -102 | -82 | -91 | -63 | -116 | -83 | -26 | 190 | -36 | 87 | 84 |
Tax % | -22% | 29% | 27% | 0% | 0% | 0% | -2% | 0% | 0% | 0% | 0% | 0% | |
12 | -110 | -74 | -82 | -91 | -63 | -118 | -83 | -26 | 190 | -36 | 87 | 83 | |
EPS in Rs | 3.95 | -35.15 | -23.74 | -26.32 | -29.09 | -20.22 | -37.75 | -26.61 | -8.19 | 60.73 | -11.66 | 27.86 | 26.66 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | 16% |
3 Years: | 169% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 18% |
3 Years: | 35% |
TTM: | -31% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 76 |
Reserves | 159 | 49 | -26 | -89 | -180 | -243 | -362 | -445 | -471 | -220 | -256 | -100 | -98 |
Preference Capital | 0 | 0 | 33 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
360 | 368 | 491 | 548 | 614 | 626 | 642 | 642 | 642 | 391 | 278 | 77 | 44 | |
130 | 134 | 112 | 134 | 93 | 119 | 114 | 122 | 140 | 141 | 143 | 197 | 180 | |
Total Liabilities | 680 | 582 | 609 | 625 | 558 | 533 | 426 | 350 | 342 | 343 | 196 | 205 | 202 |
338 | 324 | 319 | 290 | 270 | 250 | 232 | 227 | 222 | 208 | 67 | 66 | 62 | |
CWIP | 9 | 9 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
333 | 248 | 282 | 334 | 287 | 283 | 193 | 123 | 121 | 135 | 129 | 139 | 138 | |
Total Assets | 680 | 582 | 609 | 625 | 558 | 533 | 426 | 350 | 342 | 343 | 196 | 205 | 202 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 41 | -117 | -18 | 0 | 5 | 0 | 0 | 3 | 196 | -12 | 105 | |
-18 | -5 | -1 | 5 | 0 | -3 | 0 | 0 | -2 | 1 | 128 | -6 | |
-18 | -40 | 114 | 15 | 0 | -2 | 0 | 0 | 0 | -198 | -118 | -100 | |
Net Cash Flow | 3 | -5 | -3 | 2 | 0 | 0 | 0 | 0 | 1 | -0 | -1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 46 | 55 | 90 | 78 | 64 | 100 | 33 | 17 | 121 | 16 | 5 | 4 |
Inventory Days | 68 | 20 | 40 | 54 | 55 | 86 | 16 | 15 | 45 | 11 | 20 | 22 |
Days Payable | 35 | 37 | 8 | 27 | 3 | 18 | 32 | 32 | 192 | 30 | 29 | 36 |
Cash Conversion Cycle | 79 | 38 | 121 | 105 | 116 | 168 | 17 | -0 | -26 | -3 | -4 | -10 |
Working Capital Days | 75 | 17 | 118 | 74 | 102 | 131 | -8 | -32 | -486 | -33 | -21 | -31 |
ROCE % | 12% | -20% | -11% | -5% | -14% | -10% | -5% | -12% | -9% | 3% | 10% | 32% |
Documents
Announcements
- Announcement Under Regulation 30 - Commencement Of Work On Cost Optimization Project 2h
- Compliance Under Regulation 40 Of SEBI(LODR)2015 Certificate By Practicing Company Secretary 2d
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Announcement Under Regulation 30 - Update On Wire Rod Mill Modernization
22 Apr - Dated March 27, 2024 with respect to Wire Rod Mill Modernization, We are pleased to inform that the said equipment(s) have been installed and commercial …
- Announcement Under Regulation 30 - Credit Facility Availed From Kotak Mahindra Bank 20 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Apr
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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Business Overview:[1]
Company is a part of the P.C. Rathi Group of Delhi. It manufactures Rebars and Wire Rods which are broadly