Remi Edelstahl Tub.
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Remi Edelstahl Tubulars' board approved a preferential allotment of equity shares and convertible warrants to raise about ₹22.2 crore, including 397,377 warrants to South Korea's WSG Co Ltd and equity shares to promoter and non-promoter investors at ₹180 apiece. The board also cleared ₹27.5 crore of capital expenditure to lift Ultra High Purity tube capacity by 500 MTPA to 1,400 MTPA. For the June quarter, the company posted revenue from operations of ₹35.19 crore and net profit of ₹45.14 lakh, up from ₹26.62 crore and ₹21.07 lakh a year earlier. Vishwambhar C. Saraf resigned as director due to age and was appointed Chairman Emeritus, with Rajendra C. Saraf becoming Non-Executive Chairman, effective August 1.
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Remi Edelstahl Tubulars' board approved a preferential allotment of equity shares and convertible warrants to raise about ₹22.2 crore, including 397,377 warrants to South Korea's WSG Co Ltd and equity shares to promoter and non-promoter investors at ₹180 apiece. The board also cleared ₹27.5 crore of capital expenditure to lift Ultra High Purity tube capacity by 500 MTPA to 1,400 MTPA. For the June quarter, the company posted revenue from operations of ₹35.19 crore and net profit of ₹45.14 lakh, up from ₹26.62 crore and ₹21.07 lakh a year earlier. Vishwambhar C. Saraf resigned as director due to age and was appointed Chairman Emeritus, with Rajendra C. Saraf becoming Non-Executive Chairman, effective August 1.
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Jan 13 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
REMI EDELSTAHL TUBULARS LTD - RECEIVES ORDER WORTH 253.1 MILLION RUPEES
Source text: ID:nBSE8M3s5r
Further company coverage: REME.BO
(([email protected];))
Jan 13 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
REMI EDELSTAHL TUBULARS LTD - RECEIVES ORDER WORTH 253.1 MILLION RUPEES
Source text: ID:nBSE8M3s5r
Further company coverage: REME.BO
(([email protected];))
Feb 5 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
REMI EDELSTAHL TUBULARS LTD - TO CONSIDER FUND RAISING THROUGH EQUITY ISSUANCE
Source text: ID:nBSE2RZ125
Further company coverage: REME.BO
(([email protected];;))
Feb 5 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
REMI EDELSTAHL TUBULARS LTD - TO CONSIDER FUND RAISING THROUGH EQUITY ISSUANCE
Source text: ID:nBSE2RZ125
Further company coverage: REME.BO
(([email protected];;))
** Shares of Remi Edelstahl Tubulars REME.BO rise as much as 20% to 111.80 rupees, their highest level since May 28
** Stainless steel pipes and tubes maker says it has won orders worth about 210 mln rupees ($2.5 mln)
** More than 60,000 shares change hands, 2.4x of 30-day avg
** Stock up 35.1% YTD
($1 = 84.6630 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Remi Edelstahl Tubulars REME.BO rise as much as 20% to 111.80 rupees, their highest level since May 28
** Stainless steel pipes and tubes maker says it has won orders worth about 210 mln rupees ($2.5 mln)
** More than 60,000 shares change hands, 2.4x of 30-day avg
** Stock up 35.1% YTD
($1 = 84.6630 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Dec 2 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
GOT ORDERS WORTH 210 MILLION RUPEES
Source text: [ID:]
Further company coverage: REME.BO
(([email protected];;))
Dec 2 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
GOT ORDERS WORTH 210 MILLION RUPEES
Source text: [ID:]
Further company coverage: REME.BO
(([email protected];;))
Feb 6 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
GETS ORDER FOR BUSINESS OF STAINLESS STEEL TUBES IN DEFENSE SECTOR UNDER INDIA GOVERNMENT
Source text for Eikon: ID:nBSEJxkqy
Further company coverage: REME.BO
(([email protected];))
Feb 6 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
GETS ORDER FOR BUSINESS OF STAINLESS STEEL TUBES IN DEFENSE SECTOR UNDER INDIA GOVERNMENT
Source text for Eikon: ID:nBSEJxkqy
Further company coverage: REME.BO
(([email protected];))
May 25 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
MARCH-QUARTER NET PAT 3.6 MILLION RUPEES VERSUS 1 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 385.5 MILLION RUPEES VERSUS 436 MILLION RUPEES
Source text for Eikon: ID:nBSE4XqrKT
Further company coverage: REME.BO
(([email protected];))
May 25 (Reuters) - Remi Edelstahl Tubulars Ltd REME.BO:
MARCH-QUARTER NET PAT 3.6 MILLION RUPEES VERSUS 1 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 385.5 MILLION RUPEES VERSUS 436 MILLION RUPEES
Source text for Eikon: ID:nBSE4XqrKT
Further company coverage: REME.BO
(([email protected];))
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Popular questions
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What does Remi Edelstahl Tub. do?
Established in 1970, Remi Edelstahl Tubulars Ltd specializes in manufacturing a wide range of stainless steel products including welded tubes, welded pipes, seamless pipes, and cold drawn seamless tubes.
Who are the competitors of Remi Edelstahl Tub.?
Remi Edelstahl Tub. major competitors are Geekay Wires, PS Raj Steels, Supershakti Metaliks, Bedmutha Industries, Shah Metacorp, Shankara Bldg. Prod., Scan Steels. Market Cap of Remi Edelstahl Tub. is ₹309 Crs. While the median market cap of its peers are ₹350 Crs.
Is Remi Edelstahl Tub. financially stable compared to its competitors?
Remi Edelstahl Tub. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Remi Edelstahl Tub. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Remi Edelstahl Tub. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Remi Edelstahl Tub. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is Remi Edelstahl Tub. balance sheet?
Balance sheet of Remi Edelstahl Tub. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Remi Edelstahl Tub. improving?
Yes, profit is increasing. The profit of Remi Edelstahl Tub. is ₹2.98 Crs for TTM, ₹2.74 Crs for Mar 2026 and ₹2.67 Crs for Mar 2025.
Is the debt of Remi Edelstahl Tub. increasing or decreasing?
Yes, The net debt of Remi Edelstahl Tub. is increasing. Latest net debt of Remi Edelstahl Tub. is ₹49.61 Crs as of Mar-26. This is greater than Mar-25 when it was ₹11.49 Crs.
Is Remi Edelstahl Tub. stock expensive?
Yes, Remi Edelstahl Tub. is expensive. Latest PE of Remi Edelstahl Tub. is 103, while 3 year average PE is 91.94. Also latest EV/EBITDA of Remi Edelstahl Tub. is 40.2 while 3yr average is 19.62.
Has the share price of Remi Edelstahl Tub. grown faster than its competition?
Remi Edelstahl Tub. has given better returns compared to its competitors. Remi Edelstahl Tub. has grown at ~45.69% over the last 1yrs while peers have grown at a median rate of -21.59%
Is the promoter bullish about Remi Edelstahl Tub.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Remi Edelstahl Tub. is 68.85% and last quarter promoter holding is 68.85%.
Are mutual funds buying/selling Remi Edelstahl Tub.?
The mutual fund holding of Remi Edelstahl Tub. is stable. The current mutual fund holding in Remi Edelstahl Tub. is 0.07% while previous quarter holding is 0.07%.