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Riddhi Steel and Tube Limited

Riddhi Steel and Tube Limited

RSTL.BO
Riddhi Steel and Tube LimitedIN flagBombay Stock Exchange
196.40
INR
- -
- -
1.63BMarket Cap
Riddhi Steel and Tube Limited
RSTL.BO
(Bombay Stock Exchange)

Recent

price

196.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
FRC
165.25
200.99
230.84
261.98
263.46
192.37
215.05
302.55
234.33
263.27
243.42
243.24
263.57
314.53
- -
Revenue per Share
1.91
2.43
2.56
2.84
2.98
2.15
2.52
4
2.46
1.05
1.99
2.73
3.86
6.1
- -
Basic EPS, GAAP
2.03
-0.48
-12.88
4.54
-2.03
-0.56
4.3
-0.23
17.52
-3.7
-8.24
12.7
6.11
9.38
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.82
14.25
17.91
20.73
23.71
21.03
23.56
27.57
30.02
31.1
33.1
35.8
39.7
43.58
- -
Book Value per Share
13.33
15.77
19.43
22.24
25.22
27.38
29.91
33.92
36.37
37.45
39.46
42.15
46.06
49.94
- -
Tangible Book Value per Share
9
9
9
9
9
12
12
12
12
12
12
12
12
12
- -
Basic Weighted Avg Shares
1,475
1,794
2,061
2,339
2,352
2,395
2,677
3,764
2,917
3,274
3,026
3,027
3,276
3,911
4,579
Sales/Revenue/Turnover
5.1
4.8
4.84
4.92
5.67
5.42
4.75
4.18
4.7
3.39
4.17
4.65
4.73
4.83
5.81
Operating Margin (%)
15
15
24
31
29
33
33
35
37
41
41
32
33
30
27
Depreciation Expense
17
22
23
25
27
27
31
50
31
13
25
34
48
76
115
Net Income, GAAP
34.56
33.66
35.72
32.81
33.8
35.42
35.05
14.24
13.84
40.19
35.39
29.24
26.73
25.62
27.59
Effective Tax Rate (%)
1.15
1.21
1.11
1.08
1.13
1.12
1.17
1.32
1.05
0.4
0.82
1.12
1.46
1.94
2.5
Profit Margin (%)
14
-13
186
234
368
487
502
652
598
857
762
715
746
859
986
Working Capital
29
63
316
355
389
397
416
527
469
685
543
443
404
448
449
LT Debt
119
141
173
199
225
341
372
422
453
466
490
525
572
621
736
Total Equity
- -
10.35
8.78
8.61
8.91
7.78
7.12
10.16
8.14
4.45
4.94
5.69
6.22
7.28
9.49
Return on Invested Capital (%)
- -
11.34
9.94
9.51
9.37
8.91
7.74
11.95
9.23
5.46
6.15
6.9
7.48
8.83
12.88
Return on Capital (%)
- -
18.62
15.93
14.68
13.41
11.32
11.3
15.64
8.55
3.43
6.21
7.94
10.22
14.65
34.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.24%
9.66%
18.44%
Free Cash Flow
-913.09%
-38.86%
-63.92%
Net Income, GAAP
25.79%
55.46%
50.97%
Sales/Revenue/Turnover
8.11%
7.43%
17.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3,276
2025
- -
- -
- -
- -
3,911
2026
- -
- -
- -
- -
4,579

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.86
2025
- -
- -
- -
- -
6.1
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Riddhi Steel and Tube Limited (RSTL.BO) manufactures and sells seamless pipes and tubes primarily for the oil and gas, engineering, and automotive sectors. The company offers carbon steel seamless pipes, alloy steel pipes, stainless steel tubes, and precision tubes under brands such as Riddhi and Riddhi Special; it also provides customized tubular solutions including boiler tubes, line pipes, and mechanical tubing with sizes ranging from 10.3mm to 406.4mm outer diameter and wall thicknesses up to 25mm. Products are produced to standards like API 5L, ASTM A106, and EN 10216, serving customers in power generation, refineries, and infrastructure projects primarily in India with exports to the Middle East and Southeast Asia. Founded in 1992 and headquartered in Ahmedabad, Gujarat, India, Riddhi Steel and Tube Limited operates a fully integrated manufacturing facility with electric resistance welding (ERW), seamless pipe mills, and heat treatment capabilities; it maintains subsidiaries for trading and logistics support within the domestic market. The company focuses on the steel pipe and tube segment of the metals and mining industry, targeting OEMs, EPC contractors, and end-users in energy and industrial applications across South Asia. In recent developments, Riddhi Steel and Tube Limited expanded production capacity by 20% through a new seamless pipe mill commissioned in 2024, enhancing its API-grade offerings for oil and gas pipelines; it secured a strategic partnership with a major Middle Eastern oil firm for long-term supply contracts in early 2025. The company completed a funding round via qualified institutional placement in late 2024, raising funds for debt reduction and working capital to support export growth; additionally, it launched high-strength alloy steel tubes for automotive applications, marking entry into the EV component supply chain. These initiatives reflect Riddhi's shift toward higher-margin seamless products and international diversification.