Rathi Bars Ltd
₹ 47.5
-1.12%
13 Dec
- close price
About
Incorporated in 1993, Rathi Bars Ltd manufactures reinforcement steel bars (TMT) and Low Carbon Billets[1]
Key Points
- Market Cap ₹ 77.5 Cr.
- Current Price ₹ 47.5
- High / Low ₹ 59.8 / 27.0
- Stock P/E 21.4
- Book Value ₹ 58.5
- Dividend Yield 0.00 %
- ROCE 6.30 %
- ROE 3.87 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.81 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 3.36% 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
281 | 272 | 236 | 209 | 186 | 247 | 410 | 383 | 324 | 494 | 482 | 614 | 519 | |
272 | 264 | 227 | 202 | 179 | 239 | 401 | 371 | 312 | 481 | 467 | 600 | 506 | |
Operating Profit | 9 | 8 | 10 | 7 | 7 | 7 | 8 | 12 | 12 | 13 | 15 | 14 | 13 |
OPM % | 3% | 3% | 4% | 3% | 4% | 3% | 2% | 3% | 4% | 3% | 3% | 2% | 3% |
0 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
Interest | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 4 | 3 | 4 | 5 | 6 | 6 |
Depreciation | 2 | 3 | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 4 | 5 |
Profit before tax | 3 | 3 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
Tax % | 33% | 26% | 76% | -3% | 38% | 35% | 32% | 5% | 24% | 10% | 22% | 12% | |
2 | 2 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 4 | |
EPS in Rs | 1.31 | 1.49 | 0.14 | 0.91 | 0.59 | 0.86 | 1.15 | 1.67 | 1.41 | 1.75 | 1.58 | 2.19 | 2.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 24% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 13% |
3 Years: | 16% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 39% |
3 Years: | 21% |
1 Year: | 59% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 55 | 57 | 58 | 59 | 60 | 61 | 64 | 66 | 69 | 71 | 74 | 78 | 79 |
35 | 34 | 31 | 23 | 15 | 12 | 29 | 41 | 47 | 65 | 72 | 67 | 66 | |
25 | 31 | 30 | 29 | 21 | 19 | 18 | 20 | 20 | 22 | 22 | 18 | 15 | |
Total Liabilities | 131 | 139 | 135 | 128 | 112 | 110 | 127 | 143 | 152 | 175 | 185 | 179 | 177 |
30 | 32 | 27 | 22 | 22 | 25 | 36 | 38 | 43 | 42 | 42 | 38 | 37 | |
CWIP | 4 | 4 | 6 | 9 | 13 | 11 | 10 | 13 | 10 | 9 | 7 | 7 | 9 |
Investments | 16 | 23 | 20 | 12 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
81 | 80 | 83 | 85 | 77 | 72 | 80 | 91 | 100 | 123 | 136 | 134 | 130 | |
Total Assets | 131 | 139 | 135 | 128 | 112 | 110 | 127 | 143 | 152 | 175 | 185 | 179 | 177 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 14 | 6 | 15 | -3 | 10 | -1 | 2 | 3 | -9 | 3 | 12 | |
-10 | -10 | 2 | 4 | 4 | -6 | -14 | -11 | -6 | -4 | -5 | -1 | |
4 | -5 | -8 | -10 | -11 | -4 | 15 | 9 | 3 | 14 | 2 | -12 | |
Net Cash Flow | 0 | -1 | 0 | 8 | -9 | -0 | 0 | 0 | -0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 61 | 71 | 70 | 75 | 60 | 44 | 56 | 66 | 52 | 60 | 43 |
Inventory Days | 25 | 28 | 34 | 34 | 63 | 39 | 14 | 15 | 23 | 23 | 13 | 10 |
Days Payable | 19 | 21 | 22 | 23 | 46 | 35 | 11 | 13 | 15 | 9 | 9 | 6 |
Cash Conversion Cycle | 66 | 69 | 83 | 81 | 93 | 64 | 47 | 58 | 74 | 65 | 65 | 48 |
Working Capital Days | 76 | 70 | 86 | 86 | 117 | 84 | 59 | 72 | 95 | 79 | 89 | 71 |
ROCE % | 7% | 6% | 4% | 4% | 3% | 4% | 4% | 6% | 5% | 5% | 6% | 6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
9 Dec - Resignation of Ms. Anamika Shukla as Company Secretary.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper advertisement pertaining to unaudited financial results of the Company for the second quarter of FY 24-25,ended 30th September, 2024
-
Consider And Approve Un-Audited Financial Results Of The Company For The Second Quarter Of FY 2024-25, Ended 30Th September, 2024.
14 Nov - Approved un-audited financial results for Q2 FY 2024-25.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On 14.11.2024 To Consider And Approve Un-Audited Financial Results Of The Company For The Second Quarter Of FY 2024-25, Ended 30Th September, 2024
14 Nov - Approved un-audited financial results for Q2 FY 2024-25.
-
Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On Thursday, The 14Th Day Of November, 2024
7 Nov - Board meeting scheduled for November 14, 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Profile:[1]
a) Rathi Shaktiman:
These are steel bars of Fe 500 grade made as per IS 1786-2008 and are available in a range from 8mm to 32mm suitable for all
types of requirement. Installed capacity of over 1000 tons per day
b) Rathi Shaktiman Excel:
It is India’s first unique double-66-pattern design equivalent to British Standard B500C Steels Bars. It has lower impurities and high bond and tensile strength