RR Metalmakers India Ltd
Incorporated in 1995, is a manufacturer
of steel pipes and doors and windows,
and a trader of steel and iron ore[1]
- Market Cap ₹ 27.5 Cr.
- Current Price ₹ 30.6
- High / Low ₹ 46.4 / 23.8
- Stock P/E
- Book Value ₹ 11.4
- Dividend Yield 0.00 %
- ROCE 23.0 %
- ROE 19.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -15.5% over past five years.
- Company has a low return on equity of 7.69% over last 3 years.
- Debtor days have increased from 55.0 to 93.7 days.
- 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
Commodities Metals & Mining Metals & Minerals Trading Trading - Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81.20 | 54.69 | 59.07 | 64.83 | 86.26 | 128.01 | 120.55 | 110.68 | 124.20 | 84.17 | 96.39 | 51.97 | 58.42 | |
| 78.40 | 54.12 | 58.19 | 59.86 | 81.03 | 124.40 | 122.19 | 104.42 | 123.54 | 81.29 | 90.45 | 47.26 | 59.08 | |
| Operating Profit | 2.80 | 0.57 | 0.88 | 4.97 | 5.23 | 3.61 | -1.64 | 6.26 | 0.66 | 2.88 | 5.94 | 4.71 | -0.66 |
| OPM % | 3.45% | 1.04% | 1.49% | 7.67% | 6.06% | 2.82% | -1.36% | 5.66% | 0.53% | 3.42% | 6.16% | 9.06% | -1.13% |
| 2.43 | 0.48 | 0.18 | 0.10 | 0.05 | 0.07 | 0.21 | 0.26 | 0.27 | 0.44 | 0.41 | 0.54 | 0.81 | |
| Interest | 4.92 | 3.95 | 2.17 | 3.26 | 2.39 | 2.47 | 3.82 | 3.18 | 2.86 | 3.99 | 4.39 | 3.29 | 2.36 |
| Depreciation | 0.06 | 0.11 | 0.06 | 0.09 | 0.12 | 0.11 | 0.55 | 0.52 | 0.53 | 0.42 | 0.34 | 0.28 | 0.25 |
| Profit before tax | 0.25 | -3.01 | -1.17 | 1.72 | 2.77 | 1.10 | -5.80 | 2.82 | -2.46 | -1.09 | 1.62 | 1.68 | -2.46 |
| Tax % | 32.00% | -0.66% | -0.85% | 26.16% | 20.94% | 24.55% | -23.10% | 31.91% | -22.76% | -5.50% | 35.19% | 0.00% | |
| 0.17 | -2.99 | -1.17 | 1.27 | 2.18 | 0.84 | -4.46 | 1.92 | -1.90 | -1.03 | 1.05 | 1.68 | -2.42 | |
| EPS in Rs | 0.34 | -5.97 | -2.34 | 2.30 | 3.53 | 1.20 | -6.39 | 2.75 | -2.43 | -1.14 | 1.17 | 1.86 | -2.68 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 14.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -15% |
| 3 Years: | -25% |
| TTM: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 19% |
| 3 Years: | 42% |
| TTM: | -336% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 6% |
| 3 Years: | 0% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 5% |
| 3 Years: | 8% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.01 | 5.01 | 5.01 | 5.53 | 6.18 | 6.99 | 6.99 | 6.99 | 7.81 | 9.01 | 9.01 | 9.01 | 9.01 |
| Reserves | 2.18 | -0.82 | -1.98 | -0.35 | 1.67 | 1.89 | -2.58 | 0.24 | -1.23 | -2.45 | -1.40 | 0.27 | 1.23 |
| 14.66 | 4.75 | 11.18 | 11.44 | 10.60 | 27.08 | 33.85 | 20.80 | 20.13 | 21.57 | 17.04 | 9.25 | 15.18 | |
| 13.21 | 29.54 | 17.70 | 15.72 | 14.90 | 19.50 | 24.53 | 24.92 | 29.68 | 15.67 | 23.94 | 29.08 | 27.85 | |
| Total Liabilities | 35.06 | 38.48 | 31.91 | 32.34 | 33.35 | 55.46 | 62.79 | 52.95 | 56.39 | 43.80 | 48.59 | 47.61 | 53.27 |
| 0.30 | 0.18 | 0.12 | 1.29 | 1.17 | 1.11 | 3.86 | 4.54 | 4.22 | 3.80 | 3.42 | 3.14 | 2.91 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.50 | 0.57 | 0.00 | 0.61 | 1.08 | 0.50 | 0.50 | 0.50 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| 34.26 | 37.73 | 31.79 | 30.44 | 31.10 | 53.85 | 58.43 | 47.91 | 51.67 | 40.00 | 45.17 | 44.47 | 50.36 | |
| Total Assets | 35.06 | 38.48 | 31.91 | 32.34 | 33.35 | 55.46 | 62.79 | 52.95 | 56.39 | 43.80 | 48.59 | 47.61 | 53.27 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.55 | 1.77 | 1.65 | 3.18 | -2.68 | 5.16 | 8.74 | 1.66 | 3.67 | 3.54 | 6.49 | 10.67 | |
| 3.90 | -0.03 | -0.07 | -1.59 | 0.12 | -2.91 | -4.92 | 0.23 | -0.12 | -0.14 | 0.45 | 0.46 | |
| -5.17 | -1.96 | -1.69 | -1.48 | 2.47 | -2.22 | -3.82 | -1.92 | -3.51 | -1.41 | -8.92 | -11.07 | |
| Net Cash Flow | 0.28 | -0.22 | -0.11 | 0.11 | -0.09 | 0.03 | -0.01 | -0.03 | 0.04 | 1.99 | -1.98 | 0.05 |
| Free Cash Flow | 1.55 | 1.77 | 1.65 | 1.91 | -2.68 | 5.11 | 5.43 | 1.35 | 3.46 | 3.54 | 6.52 | 10.67 |
| CFO/OP | 64% | 325% | 188% | 64% | -51% | 143% | -533% | 27% | 471% | 127% | 111% | 228% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29.62 | 103.85 | 48.63 | 59.96 | 74.73 | 68.92 | 69.58 | 37.13 | 43.49 | 27.41 | 43.77 | 93.69 |
| Inventory Days | 121.70 | 123.19 | 113.61 | 101.90 | 47.71 | 68.16 | 75.77 | 106.09 | 72.80 | 91.51 | 92.48 | 166.54 |
| Days Payable | 60.92 | 196.87 | 107.83 | 104.24 | 63.30 | 47.93 | 66.07 | 77.39 | 84.22 | 64.23 | 100.31 | 249.33 |
| Cash Conversion Cycle | 90.40 | 30.16 | 54.41 | 57.63 | 59.13 | 89.14 | 79.28 | 65.83 | 32.07 | 54.69 | 35.94 | 10.90 |
| Working Capital Days | 26.21 | 6.74 | -5.50 | 10.19 | 19.04 | 6.81 | 77.81 | -12.96 | -9.55 | -30.10 | -4.73 | -13.27 |
| ROCE % | 23.62% | 6.11% | 8.64% | 32.37% | 29.43% | 13.12% | -5.34% | 18.10% | 1.46% | 10.58% | 22.77% | 23.02% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Collection Period Days |
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| Inventory Period Days |
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| Steel Sales Volume Metric Tonnes |
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| Debtors Turnover Ratio Ratio |
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| Number of Permanent Employees Employees |
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| Manufacturing Capacity (ERW Pipes & Roofing) MT per month |
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| Portfolio Breadth Number of Products |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
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Closure of Trading Window
26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results become available.
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Announcement Under Regulation 30 Of LODR - Update
13 Mar - MOU to sell Gujarat plant for Rs.2.65 crore; Rs.1.50 crore received; completion by Mar 31, 2026.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 -Update
2 Mar - Company initiated talks to sell undertaking at Survey No.36, Talod, Sabarkantha, Gujarat (announced March 2, 2026).
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update
27 Feb - BSE rejected waiver; confirmed Rs.0.94 lakh penalty for delayed Sep 30, 2023 financials; already paid.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
RRML is engaged in manufacturing & trading of iron ore, steel and steel products. The company has a portfolio of over 20 products including roofing sheets, galvanized coils, wire rods, ERW pipes, etc. The company is an authorized distributor of JSW, TATA and ArcelorMittal through its facilities located at Wada; its manufacturing facility is located at Ahmedabad.