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Rajasthan Tube Mfg

₹32.1 -1.1 | 3.4%

Market Cap ₹14 Cr.

Stock P/E 16.5

P/B 1.7

Current Price ₹32.1

Book Value ₹ 18.5

Face Value 10

52W High ₹51.2

Dividend Yield 0%

52W Low ₹ 12

Rajasthan Tube Mfg Research see more...

Overview Inc. Year: 1985Industry: Steel & Iron Products

Rajasthan Tube Mfg Share Price

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Rajasthan Tube Mfg Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 15 10 12 16 33 16 23 25 24 26
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 15 10 12 16 33 16 23 25 24 26
Total Expenditure 15 10 12 15 32 15 23 25 24 26
Operating Profit 1 0 0 0 0 0 0 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.7 0.4 0.1 0.1 0.4 0.1 0.2 0.7 0.5 0.6

Rajasthan Tube Mfg Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 106 104 92 81 74 77 77 41 42 53 100 98
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 106 104 92 81 74 77 77 41 42 53 100 98
Total Expenditure 103 100 92 79 73 74 74 43 40 51 97 98
Operating Profit 4 4 1 2 1 3 2 -1 2 2 2 3
Interest 3 3 3 3 3 2 2 2 1 1 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 -2 -1 -2 1 0 -3 1 1 1 0
Provision for Tax 0 0 -0 -1 -1 0 0 0 0 0 0 0
Profit After Tax 0 0 -2 0 -1 0 0 -3 0 1 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 -2 0 -1 0 0 -3 0 1 1 0
Adjusted Earnings Per Share 0.6 0.5 -5 0.5 -2.8 0.8 0.1 -6.7 0.9 1.2 2.1 2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 89% 35% 5% -1%
Operating Profit CAGR 0% 0% -8% -7%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 147% 32% 11% -4%
ROE Average 14% 10% -2% -3%
ROCE Average 11% 11% 7% 7%

Rajasthan Tube Mfg Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 11 11 9 9 8 9 9 6 6 7 8
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 3 3 2
Other Non-Current Liabilities 0 0 0 -1 -1 -1 -1 -1 -1 -1 -1
Total Current Liabilities 34 32 33 36 31 20 26 18 8 18 20
Total Liabilities 45 44 42 45 38 27 33 22 16 27 27
Fixed Assets 3 2 2 2 2 2 2 2 2 1 1
Other Non-Current Assets 0 0 2 2 2 2 2 1 1 1 1
Total Current Assets 43 41 38 41 34 24 30 19 13 24 25
Total Assets 45 44 42 45 38 27 33 22 16 27 27

Rajasthan Tube Mfg Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 1 1 2 0 0 0 0 0 0 0
Cash Flow from Operating Activities -1 1 3 2 5 4 -4 8 5 -2 -1
Cash Flow from Investing Activities 0 -0 0 0 0 1 0 0 0 -0 0
Cash Flow from Financing Activities 1 -0 -3 -2 -5 -5 3 -8 -5 2 1
Net Cash Inflow / Outflow 0 0 0 -0 -0 0 -0 -0 0 0 -0
Closing Cash & Cash Equivalent 1 1 2 1 0 0 0 0 0 0 0

Rajasthan Tube Mfg Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.56 0.5 -5.03 0.51 -2.82 0.84 0.11 -6.65 0.94 1.25 2.12
CEPS(Rs) 1.18 1.14 -4.47 0.89 -2.54 1.08 0.33 -6.46 1.12 1.42 2.29
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 25.03 25.53 20.47 20.98 18.16 19 19.11 12.46 13.4 14.65 16.77
Core EBITDA Margin(%) 3.12 3.1 0.62 2.12 1.06 3.93 2.91 -3.27 4.76 4.09 2.4
EBIT Margin(%) 3 2.95 0.49 2.05 1.02 3.83 2.82 -3.48 4.6 3.94 2.35
Pre Tax Margin(%) 0.33 0.27 -2.28 -1 -2.3 0.88 0.13 -7.23 1.3 1.15 1.04
PAT Margin (%) 0.22 0.2 -2.25 0.26 -1.59 0.48 0.06 -7.23 1 1.06 0.96
Cash Profit Margin (%) 0.46 0.46 -2 0.46 -1.43 0.61 0.19 -7.02 1.19 1.2 1.03
ROA(%) 0.61 0.51 -5.29 0.53 -3.07 1.16 0.16 -10.84 2.21 2.61 3.51
ROE(%) 2.26 2 -21.88 2.47 -14.42 4.54 0.57 -42.15 7.25 8.91 13.52
ROCE(%) 12.43 10.72 1.6 6.06 2.92 12.37 8.24 -5.91 10.83 11.48 10.79
Receivable days 45.77 44.74 36.83 40.4 48.16 48.07 52.39 94.92 62.26 33.4 25.83
Inventory Days 63.13 71.16 82.71 93.02 95.16 72.12 65.49 98.41 57.51 79.94 57.92
Payable days 44.69 44.23 40.85 58.89 68.67 43.63 25.03 35.78 14.06 26.79 23.51
PER(x) 44.57 73.11 0 26.88 0 0 174.47 0 16.97 15.92 6.35
Price/Book(x) 0.99 1.45 0 0.66 0.77 0 0.99 0 1.19 1.36 0.8
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.27 0.35 0.25 0.31 0.3 0.24 0.38 0.45 0.41 0.42 0.22
EV/Core EBITDA(x) 7.62 9.92 30.94 12.86 23.89 6 12.78 -13.76 8.54 10.33 8.89
Net Sales Growth(%) 11.24 -2.33 -11.07 -12.35 -8.65 4.61 -0.71 -46 2.09 25.74 87.87
EBIT Growth(%) 6.49 -3.86 -85.22 266.08 -54.87 274.59 -28.79 -166.51 235.11 7.77 11.74
PAT Growth(%) -65.32 -9.68 -1097.12 110.16 -651.65 129.89 -87.08 -6206.98 114.08 33.43 69.99
EPS Growth(%) -65.32 -9.67 -1097.07 110.16 -651.66 129.89 -87.09 -6209.73 114.08 33.43 69.99
Debt/Equity(x) 1.65 1.8 2.18 2.18 2.14 1.75 2.37 2.52 1.69 2.08 2.06
Current Ratio(x) 1.27 1.29 1.18 1.14 1.1 1.2 1.16 1.08 1.59 1.34 1.29
Quick Ratio(x) 0.66 0.55 0.5 0.52 0.49 0.58 0.57 0.68 0.85 0.4 0.54
Interest Cover(x) 1.12 1.1 0.18 0.67 0.31 1.3 1.05 -0.93 1.4 1.41 1.79
Total Debt/Mcap(x) 1.66 1.24 0 3.32 2.78 0 2.38 0 1.42 1.53 2.56

Rajasthan Tube Mfg Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 51.47 51.47 54.48 54.48 54.48 54.48 54.48 54.48 54.48 54.48
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 48.53 48.53 45.52 45.52 45.52 45.52 45.52 45.52 45.52 45.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 26.79 to 23.51days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 10% over the 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.

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