Rhetan TMT Ltd
Incorporated in 1984, Rhetan TMT Ltd is in the business of Manufacturing of TMT Bars[1]
- Market Cap ₹ 1,542 Cr.
- Current Price ₹ 19.4
- High / Low ₹ 24.6 / 12.2
- Stock P/E 315
- Book Value ₹ 1.18
- Dividend Yield 0.00 %
- ROCE 4.47 %
- ROE 3.39 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 16.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 5.32% over last 3 years.
- Earnings include an other income of Rs.4.11 Cr.
- Company has high debtors of 224 days.
- Promoter holding has decreased over last 3 years: -37.5%
- Working capital days have increased from 477 days to 718 days
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 20.01 | 52.09 | 67.03 | 86.02 | 64.77 | 37.16 | 22.86 | |
0.01 | 2.41 | 0.09 | 0.02 | 0.01 | 19.43 | 50.50 | 62.43 | 77.83 | 57.72 | 33.17 | 19.91 | |
Operating Profit | -0.01 | -2.41 | -0.09 | -0.02 | -0.01 | 0.58 | 1.59 | 4.60 | 8.19 | 7.05 | 3.99 | 2.95 |
OPM % | 2.90% | 3.05% | 6.86% | 9.52% | 10.88% | 10.74% | 12.90% | |||||
-0.00 | -0.00 | -0.00 | 0.01 | 0.01 | 0.07 | 0.04 | 0.01 | 0.92 | 0.45 | 1.57 | 4.11 | |
Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.30 | 0.98 | 1.27 | 1.30 | 1.53 | 1.56 | 1.56 |
Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.24 | 0.47 | 0.47 | 0.66 | 0.72 | 0.59 | 0.49 |
Profit before tax | -0.01 | -2.41 | -0.09 | -0.01 | -0.00 | 0.11 | 0.18 | 2.87 | 7.15 | 5.25 | 3.41 | 5.01 |
Tax % | -0.00% | -0.00% | -0.00% | -0.00% | 627.27% | 27.78% | 18.47% | 24.20% | 26.29% | 9.09% | ||
-0.01 | -2.41 | -0.09 | -0.01 | -0.00 | -0.58 | 0.13 | 2.34 | 5.42 | 3.87 | 3.10 | 4.90 | |
EPS in Rs | -0.39 | 0.03 | 0.05 | 0.07 | 0.05 | 0.04 | 0.07 | |||||
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | -18% |
TTM: | -62% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 49% |
3 Years: | 10% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 143% |
1 Year: | 49% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 4.00 | 11.40 | 13.25 | 79.69 | 79.69 | 79.69 |
Reserves | 3.04 | 0.62 | 0.53 | 0.53 | -0.39 | -3.12 | -2.98 | 10.50 | 5.48 | 9.35 | 14.30 |
4.17 | 10.54 | 10.58 | 9.10 | 7.19 | 23.94 | 25.43 | 26.49 | 17.84 | 16.65 | 22.70 | |
0.18 | 0.18 | 0.19 | 0.32 | 0.18 | 5.65 | 5.96 | 8.76 | 9.49 | 8.43 | 6.82 | |
Total Liabilities | 7.51 | 11.46 | 11.42 | 10.07 | 7.10 | 30.47 | 39.81 | 59.00 | 112.50 | 114.12 | 123.51 |
3.89 | 3.89 | 3.89 | 3.88 | 3.88 | 8.95 | 8.64 | 8.29 | 8.58 | 16.88 | 16.31 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.50 |
Investments | 0.02 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 0.83 | 0.83 | 2.99 |
3.60 | 6.53 | 6.49 | 5.15 | 2.18 | 20.48 | 30.13 | 49.67 | 103.09 | 96.41 | 102.71 | |
Total Assets | 7.51 | 11.46 | 11.42 | 10.07 | 7.10 | 30.47 | 39.81 | 59.00 | 112.50 | 114.12 | 123.51 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-11.92 | -7.02 | -14.44 | -44.26 | 13.90 | 4.97 | ||||||
-1.60 | -0.17 | -0.10 | -0.73 | -8.80 | -4.36 | ||||||
13.57 | 7.23 | 14.47 | 45.15 | -4.12 | -1.57 | ||||||
Net Cash Flow | 0.05 | 0.04 | -0.07 | 0.16 | 0.98 | -0.96 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 133.52 | 98.31 | 119.80 | 114.99 | 130.18 | 224.25 | |||||
Inventory Days | 197.42 | 97.55 | 152.37 | 160.94 | 240.58 | 488.42 | |||||
Days Payable | 109.08 | 37.65 | 30.79 | 27.82 | 29.70 | 56.81 | |||||
Cash Conversion Cycle | 221.86 | 158.20 | 241.38 | 248.10 | 341.05 | 655.85 | |||||
Working Capital Days | 79.90 | 77.78 | 150.24 | 334.49 | 379.31 | 717.53 | |||||
ROCE % | -25.90% | -0.80% | -0.10% | -0.00% | 3.95% | 9.85% | 11.03% | 6.50% | 4.47% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Sep - Newspaper Advertisement_Notice of 41st AGM & Book Closure_25th September,2025
-
Announcement Under Reg 30 (LODR)-Intimation To Shareholders
3 Sep - Annual Report letters sent to non-email shareholders; 41st AGM on Sept 25, 2025; e-voting Sept 22–24, 2025.
- Reg. 34 (1) Annual Report. 2 Sep
-
Business Responsibility and Sustainability Reporting (BRSR)
2 Sep - BRSR for FY ended Mar 31, 2025 filed Sep 2, 2025; paid-up capital Rs.79,68,75,000; turnover Rs.64,76,62,000.
-
Notice Of 41St AGM On Thursday, 25Th September,2025 At 03:30 P.M IST Through Video Conferencing/Other Audio Visual Means
2 Sep - AGM 25 Sep 2025; approve RPTs up to Rs200cr each (FY2026-27); MD reappointment; secretarial auditor appointment.
Business Overview:[1]
RTMTL (Formerly known as Rhetan Rolling Mills Private Limited) is in the business of manufacturing premium Quality TMT Bars confirming to ISI Standards