1. India Stocks

  2. •

    Basic Materials

  3. •

    Steel
Rishabh Digha Steel And Allied Products Limited

Rishabh Digha Steel And Allied Products Limited

RISHDIGA.BO
Rishabh Digha Steel And Allied Products LimitedIN flagBombay Stock Exchange
32.50
INR
-0.79
- -
178.31MMarket Cap
Rishabh Digha Steel And Allied Products Limited
RISHDIGA.BO
(Bombay Stock Exchange)

Recent

price

32.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.7
10.77
8.41
3.68
1.95
2.07
3.02
3.5
6.97
7.18
4.6
0.73
- -
0.02
- -
1.92
2.74
Revenue per Share
1.28
4.27
3.42
1
0.16
0.3
0.64
0.5
2.63
2.55
0.73
-0.46
-0.8
-0.84
20.96
0.14
1.75
Basic EPS, GAAP
0.96
3.42
3.99
0.42
0.55
1.05
0.21
- -
- -
2.87
1.22
2,645.26
-1.48
0.1
19.54
-1.59
- -
Free Cash Flow per Basic Share
2
2.5
1
1.5
1
1
1
- -
- -
2.67
2.41
- -
- -
- -
- -
- -
- -
Dividend per Share
12.42
12.93
14.47
14.31
13.35
12.45
11.88
12.21
13.04
12.91
11.06
10.66
9.87
9.06
29.84
29.96
- -
Book Value per Share
15.01
16.16
17.87
17.71
16.76
15.41
14.84
15.17
16
15.87
14.02
13.62
12.83
12.02
32.81
32.92
- -
Tangible Book Value per Share
6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
31
59
46
20
11
11
17
19
38
39
25
4
- -
- -
- -
11
14
Sales/Revenue/Turnover
29.69
50.41
50.4
10.16
10.94
-41.84
-15.77
-6.16
36.94
37.31
5.97
-176.08
- -
-5,722.39
- -
-99.79
-20.98
Operating Margin (%)
3
3
3
3
3
2
2
2
2
2
2
2
1
2
1
- -
- -
Depreciation Expense
7
23
19
6
1
2
3
3
14
14
4
-3
-4
-5
115
1
9
Net Income, GAAP
43.85
33.29
34.08
29.91
27.23
40.75
19.76
31.69
27.61
29.01
35.15
- -
- -
- -
20.61
- -
86.63
Effective Tax Rate (%)
22.47
39.61
40.63
27.24
7.96
14.42
21.05
14.19
37.75
35.51
15.88
-63.66
- -
-3,713.07
- -
7.4
63.82
Profit Margin (%)
7
6
-1
2
2
1
7
14
21
22
42
11
-4
30
-13
8
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
83
89
98
97
92
85
81
83
88
87
77
75
70
66
180
181
- -
Total Equity
5.98
22.93
16.41
1.47
0.9
-3.18
-2.53
-0.98
11.87
11.73
1.17
- -
- -
- -
-8.12
- -
- -
Return on Invested Capital (%)
9.83
33.61
24.93
7.09
1.13
2.65
5.54
4.47
20.72
19.47
6.31
- -
- -
- -
89.98
- -
8.42
Return on Capital (%)
9.83
33.61
24.93
6.97
1.12
2.31
5.23
4.13
20.85
19.64
6.1
-4.25
-7.81
-8.88
107.76
0.48
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
2
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
5
- -
Market Capitalization
231
205
203

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
184
- -
Cash, Cash Equivalents & STI
- -
183
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
3
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.98%
31.65%
0.34%
Free Cash Flow
- -
47,090.63%
-108.13%
Net Income, GAAP
-233.24%
-555.85%
-99.32%
Sales/Revenue/Turnover
- -
- -
8,379.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
11
11
2026
- -
3
1
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.33
-0.35
-0.15
- -
20.96
2025
0.15
0.42
-1.37
- -
0.14
2026
0.31
0.35
0.11
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Nanjing Iron & Steel Co., Ltd. (600282.SS)
Yongjin Technology Group Co., Ltd. (603995.SS)
Indian Metals and Ferro Alloys Limited (IMFA.NS)
Godawari Power & Ispat Limited (GPIL.NS)
PT Jakarta Kyoei Steel Works, Tbk (JKSW.JK)
Shyam Metalics and Energy Limited (SHYAMMETL.NS)
Business
Rishabh Digha Steel And Allied Products Limited engages in the manufacturing and processing of steel products in India. The company’s core offerings include hot rolled (HR) and cold rolled (CR) coil straightening and de-coiling services, along with cutting and shearing of steel sheets up to 16mm thickness. Its product range spans HR/CR steel coils, manganese steel coils and sheets, galvanized coils, and sheet metal strips. The company also provides warehousing services, steel bridge services, and operates cutting machines and equipment. Established in 1989, Rishabh Digha Steel started from a single shed in Navi Mumbai and later acquired a 5,340 square meter facility in the industrial area of Taloja near Mumbai, strategically positioned for efficient transportation and logistics near JNPT port. It is publicly listed on the Bombay Stock Exchange. In recent years, the company has experienced significant operational distress with a near-complete cessation of manufacturing activities, reflected in consistently negligible revenues and a collapse in fixed manufacturing assets, down over 98% between FY23 and FY25. Profitability in recent quarters has largely stemmed from other income rather than ongoing manufacturing, with the core business reporting negative operating margins and no active manufacturing workforce. This downturn reflects challenges such as possible working capital shortages, loss of key customers, obsolete equipment, or regulatory hurdles. Despite these difficulties, promoters maintain a strong majority stake of approximately 74%, although there is no institutional participation. No recent major acquisitions, partnerships, or strategic expansions have been reported, with the focus currently on managing the operational shutdown and exploring potential turnaround opportunities. Rishabh Digha Steel operates primarily within India’s steel processing and allied services industry, targeting customers in infrastructure, automobile, construction, capital goods, and consumer durables sectors. The company’s strategic location near Mumbai supports its supply chain in servicing domestic steel demand. It is led by Managing Director Ashok Maganlal Mehta and headquartered in Mumbai, Maharashtra. The firm has historically paid dividends to shareholders, though operational performance deterioration poses ongoing risks to future profitability and business sustainability. The company remains a micro-cap entity with limited recent revenue activity reflective of its operational challenges.