Riddhi Steel and Tube
- Market cap
- ₹ 342 Cr.
- P/E
- 29.9x
- P/B
- 4.65x
- 52-week range
- 68 – 290
- ROE
- 17%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 1.87
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- BSE SME
About
Riddhi Steel and Tube Limited is an India-based company that is engaged in the activity of manufacturing/dealing/trading steel and tube pipes. The Company focuses on manufacturing tubes, pipes, and hollow profiles of tube or pipe fittings made of cast iron or cast steel. Its products include mild steel (MS) black pipes, galvanized pipes, and pre-galvanized pipes. The products are categorized into three types: Round, Square Hollow Section, and Rectangle Hollow Section. The Company caters to segments such as Scaffolding and Infrastructure, Fire and Safety, Construction Projects, Irrigation, Green House, Solar Power Industry, Railway Infrastructure, Roadways and Highway, Power Plant, Petrochemicals, Transmission Tower, Water Supply, Telecommunication Towers, Metro Stations, BRTS Stations, and Oil and Gas.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Riddhi Steel and Tube 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)29.9 against a typical 18.9: pricier than most peers (1st = cheapest).101st of 146
- Sales growth+21.3% against a typical +13.1% from a year earlier.45th of 117
- Profit growth+150% against a typical +26.2% from a year earlier.14th of 105
- Size₹ 342 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).51st of 135
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 118 | 210 | 161 | 142 | 161 | 142 | 154 | 174 | 155 | 237 | 247 | 211 |
| Expenses | 110 | 203 | 152 | 135 | 152 | 134 | 144 | 165 | 145 | 225 | 231 | 198 |
| Operating Profit | 8 | 7 | 9 | 7 | 9 | 8 | 10 | 9 | 10 | 12 | 16 | 13 |
| OPM % | 7% | 3.4% | 6% | 5% | 6% | 6% | 6% | 5% | 6% | 5% | 7% | 6% |
| Other Income | 0 | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 2 |
| Interest | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 7 | 7 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 1 |
| Profit before tax | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 4 | 5 | 6 | 9 | 6 |
| Tax % | 26% | 58% | 30% | 42% | 30% | 29% | 0% | 43% | 26% | 26% | 35% | 16% |
| Net Profit | 1 | 0 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 5 |
| EPS in Rs | 0.72 | 0.33 | 1.25 | 0.75 | 1.25 | 1.49 | 1.98 | 1.89 | 2.72 | 3.4 | 4.9 | 4.32 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 7%
- 3 Years
- 15%
- TTM
- 17%
- 10 Years
- 16%
- 5 Years
- 54%
- 3 Years
- 50%
- TTM
- 51%
- 10 Years
- 27%
- 5 Years
- 78%
- 3 Years
- 112%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 11%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Riddhi Steel and Tube | ₹ 275.05 | ₹ 342 Cr. | 29.9x | 4.7x | 17% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 43.7x | 3.2x | — | 14.8% |
| Tata Steel | ₹ 167.25 | ₹ 2,08,786 Cr. | 18.9x | 2.2x | — | 4.7% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 28x | 2.2x | — | 4.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 28.2x | 7.7x | — | 22.3% |
| Steel Authority of India | ₹ 165.00 | ₹ 70,012 Cr. | 18.6x | 1.2x | — | 3.8% |
Management
- Deepika Vinitkumar Agrawal
- Compliance Officer, Company Secretary
- Rajeshkumar Ramkumar Mittal
- Managing Director, Executive Director
- Preeti R. Mittal
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.