Rhetan TMT Ltd

Rhetan TMT Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Rhetan TMT Ltd

₹ 22.1 1.94%
13 Dec - close price
rhetan.com BSE: 543590
About

Incorporated in 1984, Rhetan TMT Ltd is in the business of Manufacturing of TMT Bars[1]

Key Points

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

Website BSE
  • Market Cap ₹ 1,763 Cr.
  • Current Price ₹ 22.1
  • High / Low ₹ 22.7 / 7.62
  • Stock P/E 320
  • Book Value ₹ 1.16
  • Dividend Yield 0.00 %
  • ROCE 6.50 %
  • ROE 4.44 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Stock is trading at 19.1 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.38% 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

Jun 2023 Sep 2023 Mar 2024 Jun 2024 Sep 2024
24.30 10.47 17.89 19.35 4.95
22.78 9.42 16.57 17.70 1.82
Operating Profit 1.52 1.05 1.32 1.65 3.13
OPM % 6.26% 10.03% 7.38% 8.53% 63.23%
0.00 0.00 0.44 0.00 0.00
Interest 0.36 0.36 0.38 0.39 0.40
Depreciation 0.21 0.01 0.18 0.25 0.24
Profit before tax 0.95 0.68 1.20 1.01 2.49
Tax % 20.00% 0.00% 20.00% 19.80% 8.84%
0.76 0.68 0.96 0.81 2.27
EPS in Rs 0.01 0.01 0.01 0.01 0.03
Raw PDF

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
0.00 0.00 0.00 0.00 0.00 20.01 52.09 67.03 86.02 64.77
0.01 2.41 0.09 0.02 0.01 19.43 50.50 62.43 77.83 57.72
Operating Profit -0.01 -2.41 -0.09 -0.02 -0.01 0.58 1.59 4.60 8.19 7.05
OPM % 2.90% 3.05% 6.86% 9.52% 10.88%
0.00 0.00 0.00 0.01 0.01 0.07 0.04 0.01 0.92 0.45
Interest 0.00 0.00 0.00 0.00 0.00 0.30 0.98 1.27 1.30 1.53
Depreciation 0.00 0.00 0.00 0.00 0.00 0.24 0.47 0.47 0.66 0.72
Profit before tax -0.01 -2.41 -0.09 -0.01 0.00 0.11 0.18 2.87 7.15 5.25
Tax % 0.00% 0.00% 0.00% 0.00% 627.27% 27.78% 18.47% 24.20% 26.29%
-0.01 -2.41 -0.09 -0.01 0.00 -0.58 0.13 2.34 5.42 3.87
EPS in Rs -0.39 0.03 0.05 0.07 0.05
Dividend Payout % 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: %
3 Years: 8%
TTM: -38%
Compounded Profit Growth
10 Years: 82%
5 Years: %
3 Years: 210%
TTM: 1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 111%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 4%

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 Sep 2024
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 12.43
4.17 10.54 10.58 9.10 7.19 23.94 25.43 26.49 17.84 16.65 16.57
0.18 0.18 0.19 0.32 0.18 5.65 5.96 8.76 9.49 8.43 12.95
Total Liabilities 7.51 11.46 11.42 10.07 7.10 30.47 39.81 59.00 112.50 114.12 121.64
3.89 3.89 3.89 3.88 3.88 8.95 8.64 8.29 8.58 16.88 17.21
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.02 1.04 1.04 1.04 1.04 1.04 1.04 1.04 0.83 0.83 0.83
3.60 6.53 6.49 5.15 2.18 20.48 30.13 49.67 103.09 96.41 103.60
Total Assets 7.51 11.46 11.42 10.07 7.10 30.47 39.81 59.00 112.50 114.12 121.64

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
-11.92 -7.02 -14.44 -44.26 14.51
-1.60 -0.17 -0.10 -0.73 -8.80
13.57 7.23 14.47 45.15 -4.12
Net Cash Flow 0.05 0.04 -0.07 0.16 1.59

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
Debtor Days 133.52 98.31 119.80 114.99 130.18
Inventory Days 197.42 97.55 152.37 160.94 240.58
Days Payable 109.08 37.65 30.79 27.82 29.70
Cash Conversion Cycle 221.86 158.20 241.38 248.10 341.05
Working Capital Days 235.31 151.63 216.34 384.09 461.31
ROCE % -25.90% -0.80% -0.10% 0.00% 3.95% 9.85% 11.03% 6.50%

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Sep 2023Mar 2024Jun 2024Sep 2024
62.11% 62.11% 62.11% 62.11% 62.11% 62.11%
0.00% 0.55% 0.54% 0.37% 0.00% 0.15%
37.89% 37.33% 37.34% 37.51% 37.88% 37.72%
No. of Shareholders 4112955571,10255,43279,147

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports