Riddhi Steel and Tube Ltd
Riddhi Steel and Tube Ltd (RSTL) last reported results for the quarter ended Mar 2026, with sales of ₹211 crore and net profit of ₹5 crore. The stock last traded at ₹262, a market capitalisation of ₹326 crore, on a P/E of 28.5. Over the past 52 weeks the stock has ranged between ₹58.7 and ₹276. Figures are as of 6 Oct 2026 and are not real time.
Riddhi Steel and Tube Ltd share price and key metrics
- Current price
- ₹262
- Market cap
- ₹326 cr
- Stock P/E
- 28.5
- Book value
- ₹59.2
- ROE
- 16.9%
- ROCE
- 14.8%
- Dividend yield
- 0.00%
- 52w high / low
- 276/58.7
Metrics as of 6 Oct 2026. Not real time.
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Riddhi Steel and Tube Ltd growth and returns
- 10 Years
- 7%
- 5 Years
- 7%
- 3 Years
- 15%
- TTM
- 17%
- 10 Years
- 16%
- 5 Years
- 54%
- 3 Years
- 50%
- TTM
- 51%
- 10 Years
- 26%
- 5 Years
- 80%
- 3 Years
- 118%
- 1 Year
- 362%
- 10 Years
- 9%
- 5 Years
- 11%
- 3 Years
- 13%
- Last Year
- 17%
Riddhi Steel and Tube Ltd quarterly results
In the quarter ended Mar 2026, sales were ₹211 cr, down 11.0% from ₹237 cr a year earlier. Net profit was ₹5 cr, up 25.0% year on year.
| ₹ crore | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 161 | 142 | 154 | 174 | 155 | 237 | 247 | 211 |
| Expenses | 152 | 134 | 144 | 165 | 145 | 225 | 231 | 198 |
| Operating profit | 9 | 8 | 10 | 9 | 10 | 12 | 16 | 13 |
| OPM % | 6% | 6% | 6% | 5% | 6% | 5% | 7% | 6% |
| Other income | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 2 |
| Interest | 6 | 6 | 6 | 5 | 6 | 6 | 7 | 7 |
| Depreciation | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 1 |
| Profit before tax | 2 | 3 | 2 | 4 | 5 | 6 | 9 | 6 |
| Tax % | 30% | 29% | 0% | 43% | 26% | 26% | 35% | 16% |
| Net profit | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 5 |
| EPS (₹) | 1.25 | 1.49 | 1.98 | 1.89 | 2.72 | 3.40 | 4.90 | 4.32 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Riddhi Steel and Tube Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 235 | 268 | 376 | 291 | 327 | 302 | 303 | 328 | 391 | 458 |
| Operating profit | 16 | 16 | 19 | 17 | 15 | 17 | 17 | 19 | 22 | 29 |
| OPM % | 7% | 6% | 5% | 6% | 4.6% | 6% | 6% | 6% | 6% | 6% |
| Net profit | 3 | 3 | 5 | 3 | 1 | 2 | 3 | 5 | 8 | 11 |
| EPS (₹) | 2.16 | 2.53 | 4.02 | 2.47 | 1.06 | 2.00 | 2.74 | 3.87 | 6.12 | 9.21 |
TTM is the trailing twelve months to the most recent quarter.
Riddhi Steel and Tube Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 12 |
| Reserves | 26 | 29 | 34 | 37 | 38 | 41 | 44 | 49 | 54 | 61 |
| Borrowings | 78 | 83 | 104 | 99 | 107 | 126 | 120 | 132 | 130 | 137 |
| Other liabilities | 12 | 14 | 10 | 9 | 16 | 15 | 11 | 7 | 9 | 6 |
| Total liabilities | 124 | 134 | 155 | 153 | 169 | 190 | 183 | 197 | 201 | 217 |
| Fixed assets | 23 | 26 | 27 | 29 | 30 | 28 | 26 | 24 | 22 | 21 |
| CWIP | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 98 | 104 | 125 | 121 | 139 | 163 | 157 | 173 | 179 | 196 |
| Total assets | 124 | 134 | 155 | 153 | 169 | 190 | 183 | 197 | 201 | 217 |
As reported by the company. Total assets equal total liabilities by construction.
Riddhi Steel and Tube Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 3 | 12 | 3 | 28 | -3 | -8 | 17 | 9 | 13 | 6 |
| Cash from investing | -2 | -6 | -2 | -5 | 1 | 1 | 1 | -1 | -0 | 1 |
| Cash from financing | -1 | -7 | -1 | -16 | -3 | 8 | -17 | 1 | -16 | -7 |
| Net cash flow | 0 | -1 | 1 | 7 | -6 | 1 | 1 | 9 | -4 | 1 |
| Free cash flow | -1 | 5 | -0 | 22 | -5 | -10 | 16 | 8 | 12 | 4 |
| CFO / operating profit | 28% | 85% | 25% | 162% | -17% | -43% | 107% | 56% | 69% | 34% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Riddhi Steel and Tube Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13% | 12% | 13% | 10% | 9% | 9% | 9% | 10% | 12% | 15% |
| Debtor days | 71 | 74 | 63 | 72 | 54 | 59 | 75 | 61 | 49 | 38 |
| Inventory days | 50 | 53 | 47 | 42 | 65 | 84 | 83 | 103 | 92 | 109 |
| Days payable | 12 | 15 | 6 | 9 | 16 | 15 | 9 | 3 | 3 | -1 |
| Cash conversion cycle | 110 | 112 | 104 | 105 | 104 | 129 | 150 | 161 | 139 | 148 |
| Working capital days | 74 | 68 | 62 | 65 | 94 | 89 | 83 | 70 | 73 | 72 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Riddhi Steel and Tube Ltd shareholding pattern
Promoters held 74.61% at Mar 2026, up from 72.85% at Mar 2024. DIIs 1.38%.
| % held | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 72.56% | 72.56% | 72.56% | 72.85% | 72.56% | 73.58% | 74.17% | 74.61% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 1.38% |
| Public | 27.44% | 27.44% | 27.44% | 27.15% | 27.44% | 26.41% | 25.46% | 24.02% |
| No. of shareholders | 130 | 127 | 129 | 127 | 122 | 109 | 105 | 96 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Riddhi Steel and Tube Ltd corporate filings
- Corporate Voting Results Confirm Re-election of Key Directors and Approval of Financial Statements for FY 2025-26AGM/EGMhigh impact
Cruxal's analysis: Riddhi Steel and Tube Limited has successfully conducted its 25th AGM on September 30…
Read the full analysis - Riddhi Steel and Tube Limited holds 25th AGM; no immediate financial disclosures or strategic events announcedAGM/EGMlow impact
Cruxal's analysis: Riddhi Steel and Tube Limited conducted its 25th Annual General Meeting on 30th September…
Read the full analysis - Pursuant to the provisions of the Regulation 9(1) of the SEBI (PIT) Regulations, 2015 and in compliance with the terms of Code of Conduct to Regulate, Monitor, and Report Trading by Designated ....Insider Trading / SASTlow impact
- Riddhi Steel and Tube Ltd releases Annual Report for FY 2025-26 and AGM noticeOtherslow impact
Cruxal's analysis: Riddhi Steel and Tube Ltd has filed its Annual Report for the financial year 2025-26…
Read the full analysis - Riddhi Steel and Tube Limited Announces 25th Annual General Meeting for September 30, 2026AGM/EGMlow impact
Cruxal's analysis: Riddhi Steel and Tube Limited has issued a formal notice for its 25th Annual General…
Read the full analysis - Riddhi Steel and Tube Limited schedules 25th Annual General Meeting for September 30, 2026Corp. Actionlow impact
Cruxal's analysis: Riddhi Steel and Tube Limited has formally announced that its 25th Annual General Meeting…
Read the full analysis - Riddhi Steel and Tube Ltd announces book closure for 25th AGMCorp. Actionlow impact
Cruxal's analysis: Riddhi Steel and Tube Ltd has scheduled its 25th Annual General Meeting (AGM) for…
Read the full analysis - Riddhi Steel and Tube Ltd. Announces Board Meeting Outcome Regarding 25th Annual General MeetingOtherslow impact
Cruxal's analysis: Riddhi Steel and Tube Ltd. has formally announced the outcome of its board meeting held…
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