Rajasthan Tube Manufacturing Company Ltd - Stock Valuation and Financial Performance

BSE: 530253 | NSE: | Steel & Iron Products | Small Cap

Rajasthan Tube Mfg Share Price

163.30 3.20 2.00%
as on 28-Feb'25 16:59

DeciZen - make an informed investing decision on Rajasthan Tube Mfg

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Rajasthan Tube Manufacturing Company stock performance -

P/E Ratio (SA):
0.00
Market Cap:
73.6 Cr.
52-wk low:
26
52-wk high:
163.3

Is Rajasthan Tube Manufacturing Company Ltd an attractive stock to invest in?

1. Is Rajasthan Tube Manufacturing Company Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rajasthan Tube Manufacturing Company Ltd is a below average quality company.

2. Is Rajasthan Tube Manufacturing Company Ltd undervalued or overvalued?

The key valuation ratios of Rajasthan Tube Manufacturing Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Rajasthan Tube Manufacturing Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajasthan Tube Manufacturing Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rajasthan Tube Mfg:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rajasthan Tube Manufacturing Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 1.6%6.1%2.9%12.4%8.2%-5.9%10.8%11.5%10.8%10.7%-
Value Creation
Index
-0.9-0.6-0.8-0.1-0.4-1.4-0.2-0.2-0.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 92.280.873.977.376.741.442.353.299.994.967
Sales YoY Gr.--12.4%-8.7%4.6%-0.7%-46%2.1%25.8%87.9%-5%-
Adj EPS -50.5-2.80.80.1-6.60.91.32.11.6-1.5
YoY Gr.-NA-652.9%NA-86.9%-6136.4%NA33%69.6%-25%-
BVPS (₹) 20.52118.21919.112.513.414.716.818.417
Adj Net
Profit
-2.30.2-1.30.40.1-30.40.610.7-1
Cash Flow from Ops. 3.11.85.24-3.97.75.3-2-0.78.3-
Debt/CF from Ops. 6.511.73.33.8-5.21.81.9-7-22.91-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.3%4.4%30.9%-5%
Adj EPS NA70.6%19.2%-25%
BVPS-1.2%-0.8%11.1%9.6%
Share Price 24.8% 66.7% 104.8% 281.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-21.92.5-14.44.50.6-42.27.38.913.59.1-8.5
Op. Profit
Mgn %
0.72.31.142.9-3.34.84.12.42.41.2
Net Profit
Mgn %
-2.50.3-1.70.50.1-7.211.110.8-1
Debt to
Equity
2.22.22.11.82.42.51.72.12.11.1-
Working Cap
Days
1421661731371342281501369399121
Cash Conv.
Cycle
807778779415510689605926

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.94%

Debt to equity has declined versus last 3 years average to 1.05

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -36.11%

Latest Financials - Rajasthan Tube Manufacturing Company Ltd.

Standalone Consolidated
TTM EPS (₹) -1.5 -
TTM Sales (₹ Cr.) 67.3 -
BVPS (₹.) 17 -
Reserves (₹ Cr.) 3 -
P/BV 9.61 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 26.00 / 163.30
All Time Low / High (₹) 1.23 / 160.10
Market Cap (₹ Cr.) 73.6
Equity (₹ Cr.) 4.5
Face Value (₹) 10
Industry PE 21.6

Quarterly Results

 Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %Mar'25 YoY Gr. Rt. %
Sales (₹ Cr.) 0 N/A0 N/A0 N/A0 N/A
Adj EPS (₹) 0 N/A0 N/A0 N/A0 N/A
Op. Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A
Net Profit Mgn % N/A N/AN/A N/AN/A N/AN/A N/A

Management X-Ray of Rajasthan Tube Mfg:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:34.19%Institutions:0%Non-Institutions:65.81%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%50%60%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Rajasthan Tube Mfg

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of Rajasthan Tube Mfg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Jindal Saw 246.2 6.6 (2.8%) Small Cap 17,962 30.2 8.1 7.9 1.3
Welspun Corp 735.8 -20.8 (-2.8%) Small Cap 9,082 21.6 4.6 35 5.2
Motherson Sumi Wirin 47 -0.3 (-0.6%) Small Cap 8,328 1.4 7.7 33.1 11.9
Shyam Metalics&Ener 712.4 1.4 (0.2%) Small Cap 6,668 17.9 5.4 39.7 3.3
Jayaswal Neco Inds 31.6 -1.6 (-4.8%) Small Cap 5,934 0.1 3.7 246.1 1.4
Maharashtra Seamless 613.1 -14.6 (-2.3%) Small Cap 5,403 57.7 17.7 10.9 1.4
Mukand 90.5 -4.4 (-4.6%) Small Cap 5,218 6.5 1.9 14.6 1.4
Godawari Power & Isp 156 -7.5 (-4.6%) Small Cap 5,042 11.6 17.9 14.1 2.5
Shankara Bldg. Prod 558.4 16.3 (3%) Small Cap 4,828 30.2 1.7 18 1.6
Ratnamani Metals 2,440 33.6 (1.4%) Small Cap 4,807 74.4 12.3 32.4 4.9
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales92.2380.8473.8577.2576.7041.4242.2853.1799.8894.91
Operating Expenses 91.6078.987374.1374.4742.7740.2750.9997.4992.67
Manufacturing Costs1.401.231.061.091.030.760.860.921.491.27
Material Costs89.2776.8971.0272.0372.5241.1738.8349.4595.3890.55
Employee Cost 0.610.600.650.680.660.680.470.490.510.74
Other Costs 0.320.250.270.320.260.170.110.140.120.11
Operating Profit 0.631.860.853.122.23-1.362.012.172.392.24
Operating Profit Margin (%) 0.7%2.3%1.1%4.0%2.9%-3.3%4.8%4.1%2.4%2.4%
Other Income 0.120.110.090.020.0300.0100.020.01
Interest 2.782.672.652.342.071.551.391.481.311.37
Depreciation 0.250.170.130.110.100.090.080.080.070.10
Exceptional Items 0000000000
Profit Before Tax -2.29-0.87-1.840.700.10-2.990.550.611.040.77
Tax -0.03-1.10-0.570.320.0500.130.050.080.05
Profit After Tax -2.260.23-1.270.380.05-2.990.420.560.960.72
PAT Margin (%) -2.5%0.3%-1.7%0.5%0.1%-7.2%1.0%1.1%1.0%0.8%
Adjusted EPS (₹)-5.00.5-2.80.80.1-6.70.91.32.11.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 9.219.448.178.558.605.616.036.597.558.27
Share Capital 4.504.504.504.504.504.504.504.504.504.50
Reserves 4.714.943.674.054.101.111.532.093.053.77
Minority Interest0000000000
Debt20.0820.5517.4514.9820.4014.119.3912.7714.558.12
Long Term Debt00.0200002.903.221.530.91
Short Term Debt20.0820.5317.4514.9820.4014.116.499.5513.027.22
Trade Payables10.4514.3612.364.865.092.980.017.255.0410.96
Others Liabilities 2.250.50-0.21-1-0.91-0.650.670.360.34-0.09
Total Liabilities 4244.8537.7827.3833.1822.0516.1026.9727.4827.26

Fixed Assets

Gross Block8.979.099.109.109.119.119.119.119.129.29
Accumulated Depreciation6.907.077.207.317.407.497.577.657.737.76
Net Fixed Assets2.072.021.901.791.701.621.541.461.391.52
CWIP 0000000000
Investments 0.090.090.090.090.090.080.080.080.050.05
Inventories22.1122.5319.0412.3515.187.166.1717.1214.5817.28
Trade Receivables9.2310.1510.8910.0411.989.564.864.879.275.78
Cash Equivalents 1.621.461.280.580.030.020.030.200.160.03
Others Assets6.878.604.572.534.203.613.423.242.022.60
Total Assets 4244.8537.7827.3833.1822.0516.1026.9727.4827.26

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3.111.765.233.99-3.947.745.27-1.97-0.688.34
PBT -2.29-0.87-1.840.700.10-2.990.550.611.040.77
Adjustment 2.592.442.432.322.121.561.411.461.321.43
Changes in Working Capital 2.810.194.641.01-6.159.183.44-4-2.966.18
Tax Paid 000-0.04-0.020-0.13-0.05-0.08-0.05
Cash Flow From Investing Activity 0.070.010.130.880.3300.0100.04-0.22
Capex -0.03-0.12-0.010-0.01000-0.01-0.23
Net Investments 000.060.870.30-0.01000.030
Others 0.100.130.070.020.030.010.0100.020.01
Cash Flow From Financing Activity -2.97-1.93-5.47-4.713.36-7.76-5.272.150.59-8.24
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000002.900.32-1.69-1.66
Interest Paid -2.45-2.38-2.39-2.24-2.06-1.47-1.34-1.39-1.27-1.34
Dividend Paid 0000000000
Others -0.520.45-3.07-2.475.42-6.29-6.833.213.55-5.25
Net Cash Flow 0.20-0.16-0.110.17-0.26-0.020.010.18-0.04-0.13
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-21.882.47-14.424.540.57-42.157.258.9113.529.14
ROCE (%)1.66.062.9212.378.24-5.9110.8311.4810.7910.71
Asset Turnover Ratio2.352.021.932.442.531.52.222.473.673.47
PAT to CFO Conversion(x)N/A7.65N/A10.5-78.8N/A12.55-3.52-0.7111.58
Working Capital Days
Receivable Days37404848529562332629
Inventory Days83939572659858805861
Payable Days41596944253614272432

Rajasthan Tube Manufacturing Company Ltd Stock News

Rajasthan Tube Manufacturing Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rajasthan Tube Mfg on 28-Feb-2025 16:59 is ₹163.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Feb-2025 16:59 the market cap of Rajasthan Tube Mfg stood at ₹73.61.
The latest P/E ratio of Rajasthan Tube Mfg as of 28-Feb-2025 16:59 is 0.00.
The latest P/B ratio of Rajasthan Tube Mfg as of 28-Feb-2025 16:59 is 9.61.
The 52-week high of Rajasthan Tube Mfg is ₹163.3 and the 52-week low is ₹26.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rajasthan Tube Mfg is ₹67.34 ( Cr.) .

About Rajasthan Tube Manufacturing Company Ltd

Rajasthan Tube Manufacturing Company (RTMCL) was incorporated in 1985. The company has carved an unparalleled position in the global market by making a relentless endeavour to cater to its clients with premium quality pipes and tubes.

The company is a leading manufacturers and exporter of steel pipes and tubes, black steel tubes, galvanised steel tubes, steel square tubes, HR sheets, CR sheets, cold drawn steel tubes, etc.

RTMCL also manufactures RPVC pipes, elastomeric ring fit and HDPE pipes.

The company is committed to elevate the standards of its products and services to offer customer satisfaction through excellence in quality.

Its registered office is located at 404, Shekhawati Complex, Station Road, Jaipur. The company's factory is located at B-61, Ambaji Industrial Area, Abu Road (Sirohi), Rajasthan

The shares of the company are listed on the Jaipur Stock Exchange, Bombay Stock Exchange and Delhi Stock Exchange.

The pipes manufactured by the company are sold under the brand name of 'RTL' and are well accepted in the national and international markets. The company supplies finest quality of steel from Essar Steel and zinc from Hindustan Zinc (HZL) goes for its production.

Products

  • ERW Steel Black Pipes
  • ERW Steel Galvanized Pipes
  • ERW Steel Square Pipes
  • Hot Rolled Steel Sheets
  • Cold Rolled Steel Sheets
  • Cold Drawn Steel Tubes
  • Galvanized Sheets and Plates
  • Galvanized Corrugated Sheets
  • RPVC Pipes
  • Elastomeric Ring Fit Pipes
  • HDPE Pipes
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