Rhetan TMT
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Rhetan TMT’s board approved an increase in annual production capacity at its Kadi, Gujarat manufacturing facility to 75,000 metric tonnes from 45,000 tonnes and authorised procurement of plant and machinery. The proposed addition represented 30,000 tonnes, or two-thirds of the existing capacity. The company operated as a single-segment TMT bar manufacturer and reported revenue of ₹37.2 crore in FY25, down from ₹64.8 crore in FY24. Non-current borrowings stood at ₹27 crore in FY26, while capital work in progress was ₹5.73 crore.
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Rhetan TMT’s board approved an increase in annual production capacity at its Kadi, Gujarat manufacturing facility to 75,000 metric tonnes from 45,000 tonnes and authorised procurement of plant and machinery. The proposed addition represented 30,000 tonnes, or two-thirds of the existing capacity. The company operated as a single-segment TMT bar manufacturer and reported revenue of ₹37.2 crore in FY25, down from ₹64.8 crore in FY24. Non-current borrowings stood at ₹27 crore in FY26, while capital work in progress was ₹5.73 crore.
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Sept 20 (Reuters) - Rhetan TMT Ltd RHET.BO:
APPROVES ESTABLISHMENT OF SOLAR POWER PLANT WITH CAPACITY OF UP TO 2 MW
Source text for Eikon: ID:nBSE6WS5gJ
Further company coverage: RHET.BO
(([email protected];;))
Sept 20 (Reuters) - Rhetan TMT Ltd RHET.BO:
APPROVES ESTABLISHMENT OF SOLAR POWER PLANT WITH CAPACITY OF UP TO 2 MW
Source text for Eikon: ID:nBSE6WS5gJ
Further company coverage: RHET.BO
(([email protected];;))
Sept 1 (Reuters) - Rhetan TMT Ltd RHET.BO:
APPROVED LIMIT OF BORROWINGS BY CO UP TO 2 BILLION RUPEES
Source text for Eikon: ID:nBSEfFmlK
Further company coverage: RHET.BO
(([email protected];))
Sept 1 (Reuters) - Rhetan TMT Ltd RHET.BO:
APPROVED LIMIT OF BORROWINGS BY CO UP TO 2 BILLION RUPEES
Source text for Eikon: ID:nBSEfFmlK
Further company coverage: RHET.BO
(([email protected];))
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What does Rhetan TMT do?
Rhetan TMT Limited is a certified company producing premium quality TMT Bars meeting ISI Standards. With a capacity of 30,000 MTPA, they supply bars mainly for construction projects in Gujarat.
Who are the competitors of Rhetan TMT?
Rhetan TMT major competitors are MSP Steel & Power, Mahamaya Steel Inds., Mukand, Steel Exchange India, Electrotherm (India), BMW Industries, Kamdhenu. Market Cap of Rhetan TMT is ₹2,026 Crs. While the median market cap of its peers are ₹1,469 Crs.
Is Rhetan TMT financially stable compared to its competitors?
Rhetan TMT 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 Rhetan TMT pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Rhetan TMT latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Rhetan TMT allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is Rhetan TMT balance sheet?
Balance sheet of Rhetan TMT is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Rhetan TMT improving?
Yes, profit is increasing. The profit of Rhetan TMT is ₹12.7 Crs for TTM, ₹10.3 Crs for Mar 2026 and ₹3.1 Crs for Mar 2025.
Is the debt of Rhetan TMT increasing or decreasing?
Yes, The net debt of Rhetan TMT is increasing. Latest net debt of Rhetan TMT is ₹41.83 Crs as of Mar-26. This is greater than Mar-25 when it was ₹22.4 Crs.
Is Rhetan TMT stock expensive?
Rhetan TMT is not expensive. Latest PE of Rhetan TMT is 159, while 3 year average PE is 262. Also latest EV/EBITDA of Rhetan TMT is 385 while 3yr average is 741.
Has the share price of Rhetan TMT grown faster than its competition?
Rhetan TMT has given better returns compared to its competitors. Rhetan TMT has grown at ~97.13% over the last 4yrs while peers have grown at a median rate of 19.44%
Is the promoter bullish about Rhetan TMT?
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 Rhetan TMT is 62.12% and last quarter promoter holding is 62.12%.
Are mutual funds buying/selling Rhetan TMT?
There is Insufficient data to gauge this.