Rhetan TMT

NSE: RHETANBSE: 543590
Compare with peers
₹ 14.13▼ 0.75 (−5.04%)28 Oct, 03:29 pm IST
Market cap
₹ 1,188 Cr.
P/E
93.5x
P/B
11.52x
52-week range
13.7 – 34.87
ROE
10%
ROCE
11%
Dividend yield
0%
Debt / equity
0.39
Sector
Industrial Products
Industry
Iron & Steel Products
Listed on
NSE, BSE

About

Rhetan TMT Limited is an India-based company, The Company is engaged in the manufacturing of thermo mechanically treated (TMT) bars. The Company's products include TMT bars and round bars. Its TMT bars are used for building homes, multistoried high rise, bridges, flyovers and other civil engineering structures. The Company's round bars are manufactured using mild steel. Its round bars are available in various diameters. Its round bars are used for engineering components, forging industries, foundation bolts and shafting.

Quick check

The five things to look at first. Open one for more.

Rhetan TMT against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)93.5 against a typical 18.6: pricier than most peers (1st = cheapest).132nd of 146
  • Sales growth−19.4% against a typical +13.1% from a year earlier.100th of 117
  • Profit growth+315.8% against a typical +26.2% from a year earlier.7th of 105
  • Share price, 3 months−50.2% against a typical −3.1%.134th of 135
  • Size₹ 1,188.1 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).31st of 135

Board meetings

Results dates and other board meetings. Full calendar

Details
12 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
6 Jun 2026Other business mattersTo consider appointment of Company Secretary & Compliance Officer
2 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
23 Mar 2026Other business mattersTo consider other business matters
12 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
2 Jan 2026Other business mattersPursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that the meeting of the Board of Directors of the Company is scheduled to be held on Friday, 2nd January, 2026 at the Registered Office of the Company.The agenda for the Meeting is as mentioned below:1. To consider and approve Notice of Postal Ballot for regularizing appointment of Additional (Independent) Director.2. To fix cut-off date and E-Voting schedule for conducting postal ballot process.3. To appoint Scrutinizer to scrutinize the entire postal ballot process in a fair and transparent manner.4. Any other agendas with the permission of chair.

Share price

1Y change −36.49%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1012181956655684
Expenses9101718241044465
Operating Profit121232−31123−1
OPM %10%15%7.4%8.5%63.2%35%−46.5%12.1%23.1%38.9%29.9%−16.3%
Other Income000000312324
Interest000000000000
Depreciation000000−000000
Profit before tax111122013543
Tax %0%12%20%19.8%8.8%12%−166.7%0%5.3%12.6%48.4%4.5%
Net Profit111121013423
EPS in Rs0.010.010.010.010.030.020.010.010.040.060.030.04

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
−14%
3 Years
−34%
TTM
3%
Compounded Profit Growth
10 Years
—
5 Years
140%
3 Years
24%
TTM
159%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
40%
TTM
—
Return on Equity
10 Years
—
5 Years
7%
3 Years
6%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
62.11%
0 pts in a year
FIIs
0.34%
+0.34 pts in a year
Public
37.53%
−0.36 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 93.5xEPS (12 months) ₹ 0.16Median P/E 264.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Rhetan TMT₹ 14.13₹ 1,188 Cr.93.5x11.5x10%—
JSW Steel₹ 1,187.00₹ 2,90,275 Cr.41.6x3x—14.8%
Lloyds Metals And Energy₹ 1,780.40₹ 1,00,195 Cr.27.8x7.6x36.2%22.4%
Jindal Steel₹ 1,012.00₹ 1,04,634 Cr.25.9x2.1x6.9%6.3%
Jindal Stainless₹ 684.00₹ 56,394 Cr.18.8x3.1x17.5%7.4%
Welspun Corp₹ 2,402.00₹ 63,363 Cr.25.9x4.6x19.4%9.7%

Management

Subha Ranjan Dash
Chief Financial Officer
Tanuj Jain
Compliance Officer, Company Secretary
Shalin Ashok Shah
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.