Rathi Steel & Power

₹64.5 0.2 | 0.3%

WEBSITE BSE:504903 NSE : RATHI ST 18 May, 12:50

Market Cap ₹549 Cr.

Stock P/E 31.5

P/B 8.1

Current Price ₹64.5

Book Value ₹ 8

Face Value 10

52W High ₹67.5

Dividend Yield 0%

52W Low ₹ 3.2

Edit Ratio

Rathi Steel & Power Research see more...

Overview Inc. Year: 1971Industry: Steel & Iron Products

Rathi Steel & Power Limited is a prominent steel producer and exporter in India, with a focus on TMT bars and wire rods. The company was founded in 1971 as Rathi Udyog Limited by the late Seth Gordhan Das Rathi, a pioneer in the steel industry. The company changed its name to Rathi Steel & Power Limited in 2005 and is listed on the Bombay Stock Exchange and the National Stock Exchange. The company’s vision is to be an icon in infrastructure and real estate development, by defining quality, marksmanship and customer satisfaction. It has two integrated steel plants in Ghaziabad, Uttar Pradesh and Sambalpur, Odisha, with a combined production capacity of 0.5 million tonnes per annum. The company’s products are used in various sectors such as construction, infrastructure, engineering, automotive, railways and others.

Rathi Steel & Power Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Rathi Steel & Power 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	74	171	167	99	192	195	173	147	127	101
Other Income	11	13	11	0	0	1	0	2	1	0
Total Income	85	184	178	99	192	196	173	149	128	101
Total Expenditure	80	177	172	85	184	189	164	141	121	95
Operating Profit	5	7	6	14	7	7	9	8	6	6
Interest	2	2	2	7	3	3	4	4	3	3
Depreciation	4	4	3	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	-41	0	0	0	0	0	0
Profit Before Tax	-2	0	1	-36	2	2	3	2	1	1
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-2	0	1	-36	2	2	3	2	1	1
Adjustments	0	0	-0	0	0	0	0	0	0	0
Profit After Adjustments	-2	0	1	-36	2	2	3	2	1	1
Adjusted Earnings Per Share	-0.5	0.1	0.3	-11.5	0.7	0.6	1	0.6	0.3	0.3

Rathi Steel & Power 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	808	466	669	597	382	350	350	38	427	543	727	548
Other Income	3	2	3	1	4	9	20	62	10	3	1	3
Total Income	811	467	672	598	385	359	370	100	437	546	728	551
Total Expenditure	889	511	665	648	409	360	399	115	414	515	695	521
Operating Profit	-77	-44	7	-50	-23	-2	-28	-15	23	31	33	29
Interest	56	49	50	18	17	14	0	2	7	13	12	14
Depreciation	22	9	32	24	23	19	8	9	16	13	8	8
Exceptional Income / Expenses	0	0	-7	0	0	-82	-46	0	190	-41	75	0
Profit Before Tax	-156	-102	-82	-91	-63	-116	-83	-26	190	-36	87	7
Provision for Tax	-46	-28	0	0	0	2	0	0	0	0	0	0
Profit After Tax	-110	-74	-82	-91	-63	-118	-83	-26	190	-36	87	7
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-110	-74	-82	-91	-63	-118	-83	-26	190	-36	87	7
Adjusted Earnings Per Share	-35.2	-23.7	-26.3	-29.1	-20.2	-37.7	-26.6	-8.2	60.7	-11.7	27.9	2.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	34%	167%	16%	-1%
Operating Profit CAGR	6%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	98%	34%
ROE Average	0%	0%	0%	-24%
ROCE Average	98%	55%	26%	4%

Rathi Steel & Power 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	80	38	-13	-104	-167	-285	-368	-394	-143	-180	-24
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	143	396	385	437	451	464	464	464	309	205	63
Other Non-Current Liabilities	-9	-33	-64	-64	-63	-66	-66	-65	-66	-57	-43
Total Current Liabilities	322	135	243	216	239	240	248	265	171	155	136
Total Liabilities	536	536	552	485	460	353	277	270	270	123	132
Fixed Assets	324	319	290	270	250	232	227	222	208	67	66
Other Non-Current Assets	20	14	5	5	5	64	8	8	9	4	5
Total Current Assets	193	203	256	209	205	57	42	40	54	52	61
Total Assets	536	536	552	485	460	353	277	270	270	123	132

Rathi Steel & Power 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	11	7	4	6	3	4	3	2	3	3	1
Cash Flow from Operating Activities	41	-117	-18	-49	5	-2	3	3	196	-12	105
Cash Flow from Investing Activities	-5	-1	5	-3	-3	-1	-3	-2	1	128	-6
Cash Flow from Financing Activities	-40	114	15	49	-2	2	-0	0	-198	-118	-100
Net Cash Inflow / Outflow	-5	-3	2	-2	0	-1	-0	1	-0	-1	-0
Closing Cash & Cash Equivalent	7	4	6	3	4	3	2	3	3	1	1

Rathi Steel & Power 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)	-35.15	-23.74	-26.32	-29.08	-20.22	-37.75	-26.61	-8.19	60.73	-11.65	27.86
CEPS(Rs)	-28.1	-20.9	-16.14	-21.54	-12.75	-31.75	-23.93	-5.47	66	-7.35	30.52
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	24.99	1.25	-19.05	-48.13	-68.35	-106.1	-132.72	-140.9	-60.8	-72.45	-22.68
Core EBITDA Margin(%)	-9.75	-9.76	0.62	-8.31	-6.92	-2.99	-13.77	-206.33	3.09	5.15	4.36
EBIT Margin(%)	-12.07	-11.29	-4.76	-12.12	-12	-29.09	-23.75	-62.55	46.19	-4.31	13.71
Pre Tax Margin(%)	-18.88	-21.86	-12.25	-15.07	-16.27	-33.15	-23.79	-68.28	44.5	-6.73	12.04
PAT Margin (%)	-13.35	-15.93	-12.25	-15.07	-16.27	-33.72	-23.79	-68.28	44.5	-6.73	12.01
Cash Profit Margin (%)	-10.67	-14.02	-7.51	-11.16	-10.26	-28.36	-21.39	-45.63	48.36	-4.24	13.15
ROA(%)	-18.09	-13.86	-15.15	-17.57	-13.4	-29.07	-26.45	-9.37	70.46	-18.54	68.38
ROE(%)	-82.58	-180.98	0	0	0	0	0	0	0	0	0
ROCE(%)	-20.01	-10.82	-6.03	-14.05	-9.67	-25.1	-26.57	-9.08	80.35	-13.33	97.98
Receivable days	53.29	92.65	69.73	74.52	98.19	71.18	25.1	140.32	13.31	8.59	3.74
Inventory Days	40.72	36.28	37.53	52.87	77	47.83	13.45	101.96	8.08	11.99	15.09
Payable days	9.56	7.2	16.7	15.98	11.48	26.24	31.35	170.96	32.55	26.58	29.21
PER(x)	0	0	0	0	0	0	0	0	0	0	0
Price/Book(x)	0.16	2.42	-0.17	-0.07	-0.05	-0.02	0	0	0	0	0
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.46	1.14	0.89	1.11	1.78	1.98	2.04	19.06	1.09	0.67	0.27
EV/Core EBITDA(x)	-4.83	-12.09	85.83	-13.41	-29.1	-420.87	-25.12	-47.77	19.88	11.6	6.09
Net Sales Growth(%)	-13.69	-42.42	43.67	-10.69	-36.09	-8.31	0.07	-89.28	1038.41	26.96	33.92
EBIT Growth(%)	-256.19	47.04	39.29	-128.83	36.2	-118.26	18.37	71.78	940.73	-111.84	525.95
PAT Growth(%)	-989.19	32.45	-10.84	-10.51	30.47	-86.66	29.5	69.24	841.96	-119.19	339.04
EPS Growth(%)	-989.2	32.45	-10.84	-10.51	30.47	-86.66	29.5	69.24	841.96	-119.19	339.04
Debt/Equity(x)	4.7	13.44	-37.96	-5.82	-3.71	-2.24	-1.73	-1.62	-2.69	-1.58	-4.8
Current Ratio(x)	0.6	1.5	1.05	0.97	0.86	0.24	0.17	0.15	0.31	0.33	0.45
Quick Ratio(x)	0.46	1.14	0.68	0.57	0.53	0.18	0.12	0.12	0.25	0.17	0.19
Interest Cover(x)	-1.77	-1.07	-0.63	-4.1	-2.81	-7.15	-693.46	-10.91	27.3	-1.78	8.23
Total Debt/Mcap(x)	29.32	51.94	53.05	62.21	57.66	87.98	0	0	0	0	0

Rathi Steel & Power 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	51.47	51.47	51.47	51.47	51.47	51.47	51.47	40.32
FII	0	0	0	0	0	0	0	0	0	0
DII	8.61	8.61	8.61	8.61	8.61	8.61	8.61	8.24	8.24	2.52
Public	39.93	39.93	39.93	39.93	39.93	39.93	39.93	40.29	40.29	57.16
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.61	1.61	1.61	1.61	1.61	1.61	1.61	1.61	1.61	3.43
FII	0	0	0	0	0	0	0	0	0	0
DII	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.26	0.26	0.21
Public	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.26	1.26	4.86
Others	0	0	0	0	0	0	0	0	0	0
Total	3.13	3.13	3.13	3.13	3.13	3.13	3.13	3.13	3.13	8.51

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 40.32%.
Company has a low return on equity of 0% over the last 3 years.
Debtor days have increased from 26.58 to 29.21days.
Stock is trading at 8.1 times its book value.

* 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.

Rathi Steel & Power News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 49/-

Electrosteel Steel Ltd

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Rathi Steel & Power

Add Watchlist

Rathi Steel & Power Research see more...

Overview Inc. Year: 1971Industry: Steel & Iron Products

Rathi Steel & Power Share Price

Alert Data

Quarterly Price

Peer Comparison

Rathi Steel & Power Quarterly Results

Rathi Steel & Power Profit & Loss

Growth Rates

Rathi Steel & Power Balance Sheet

Rathi Steel & Power Cash Flow

Rathi Steel & Power Ratios

Rathi Steel & Power Shareholding Pattern

Rathi Steel & Power News

Top Unlisted Companies & InstaBuy Companies

Electrosteel Steel Ltd

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!