RSTL
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Revenue Mix
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What does Riddhi Steel & Tube do?
Riddhi Steel & Tube Pvt Ltd, established in 1980, is a leading exporter, supplier, and manufacturer of a variety of steel pipes including m.s. erw steel pipes and black steel pipes.
Who are the competitors of Riddhi Steel & Tube?
Riddhi Steel & Tube major competitors are Systematic Inds., Manaksia Steels, Vraj Iron & Steel, Krishca Strapping S, Geekay Wires, Supershakti Metaliks, Suraj. Market Cap of Riddhi Steel & Tube is ₹326 Crs. While the median market cap of its peers are ₹351 Crs.
Is Riddhi Steel & Tube financially stable compared to its competitors?
Riddhi Steel & Tube seems to be less financially stable compared to its competitors. Altman Z score of Riddhi Steel & Tube is 4.53 and is ranked 4 out of its 8 competitors.
Does Riddhi Steel & Tube pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Riddhi Steel & Tube latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Riddhi Steel & Tube allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Riddhi Steel & Tube balance sheet?
Balance sheet of Riddhi Steel & Tube is strong. But short term working capital might become an issue for this company.
Is the profitablity of Riddhi Steel & Tube improving?
Yes, profit is increasing. The profit of Riddhi Steel & Tube is ₹10.31 Crs for TTM, ₹7.59 Crs for Mar 2025 and ₹4.8 Crs for Mar 2024.
Is the debt of Riddhi Steel & Tube increasing or decreasing?
Yes, The net debt of Riddhi Steel & Tube is increasing. Latest net debt of Riddhi Steel & Tube is ₹129 Crs as of Sep-25. This is greater than Mar-25 when it was ₹114 Crs.
Is Riddhi Steel & Tube stock expensive?
Yes, Riddhi Steel & Tube is expensive. Latest PE of Riddhi Steel & Tube is 42.95, while 3 year average PE is 17.33. Also latest EV/EBITDA of Riddhi Steel & Tube is 11.76 while 3yr average is 7.05.
Has the share price of Riddhi Steel & Tube grown faster than its competition?
Riddhi Steel & Tube has given better returns compared to its competitors. Riddhi Steel & Tube has grown at ~147.17% over the last 1yrs while peers have grown at a median rate of -33.0%
Is the promoter bullish about Riddhi Steel & Tube?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 74.17% and last quarter promoter holding is 73.58%.
Are mutual funds buying/selling Riddhi Steel & Tube?
There is Insufficient data to gauge this.
