Rhetan TMT Ltd
RHETANRhetan TMT Ltd
RHETANPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
326.13 | 20.18 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
30.03 | 3.41 | 1.36% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rhetan TMT Ltd manufactures Thermo Mechanically Treated (TMT) bars and round bars for civil engineering projects, ensuring high-quality construction materials.
Peers
Compare with peersVedanta Ltd
NLC India Ltd
Mishra Dhatu Nigam Ltd
Ashapura Minechem Ltd
Owais Metal and Mineral Processing Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 20.08 | 52.13 | 67.04 | 86.94 | 65.22 | 54.75 | ||||||
Raw Materials | 19.32 | 47.40 | 67.15 | 77.46 | 54.75 | 45.06 | ||||||
Power & Fuel Cost | 1.11 | 2.40 | 1.45 | 1.46 | 1.46 | |||||||
Employee Cost | 0.54 | 1.15 | 1.04 | 1.21 | 1.04 | |||||||
Selling & Administrative Expenses | 0.16 | 0.35 | 0.30 | 0.34 | 0.53 | |||||||
Operating & Other expenses | -1.69 | -0.81 | -7.51 | -2.63 | -0.05 | |||||||
EBITDA | 0.64 | 1.64 | 4.61 | 9.10 | 7.49 | 9.69 | ||||||
Depreciation/Amortization | 0.24 | 0.47 | 0.47 | 0.66 | 0.72 | 0.98 | ||||||
PBIT | 0.40 | 1.17 | 4.14 | 8.44 | 6.77 | 8.71 | ||||||
Interest & Other Items | 0.30 | 0.98 | 1.27 | 1.30 | 1.53 | 1.59 | ||||||
PBT | 0.10 | 0.19 | 2.87 | 7.14 | 5.24 | 7.12 | ||||||
Taxes & Other Items | 0.69 | 0.05 | 0.53 | 1.73 | 1.38 | 1.61 | ||||||
Net Income | -0.59 | 0.14 | 2.34 | 5.41 | 3.86 | 5.51 | ||||||
EPS | -0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.07 | ||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
MaterialsMetals - Diversified
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Rhetan TMT Ltd | 465.53 | 20.18 | — |
Vedanta Ltd | 45.75 | 4.61 | 5.66% |
NLC India Ltd | 18.34 | 1.76 | 1.22% |
Mishra Dhatu Nigam Ltd | 74.18 | 5.16 | 0.39% |
Price Comparison
Compare RHETAN with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
RHETAN has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Net profit of Rhetan TMT rose 233.82% to Rs 2.27 crore in the quarter ended September 2024 as against Rs 0.68 crore during the previous quarter ended September 2023. Sales declined 52.72% to Rs 4.95 crore in the quarter ended September 2024 as against Rs 10.47 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4.9510.47 -53 OPM %63.2310.03 - PBDT2.730.69 296 PBT2.490.68 266 NP2.270.68 234 Powered by Capital Market - Live
Rhetan TMT will hold a meeting of the Board of Directors of the Company on 9 October 2024.Powered by Capital Market - Live
The Board of Rhetan TMT at its meeting held on 20 September 2024 has decided to explore opportunities to strengthen its position in the steel industry through strategic acquisitions. To kick-start this process, it will be entering into initial non-commitment agreements with targeted companies, allowing the Company to conduct due diligence. Powered by Capital Market - Live
The Board of Rhetan TMT at its meeting held on 20 September 2024 has approved the establishment of a solar power plant with a capacity of up to 2 MW. This facility will occupy an area of approx 20,000 square meters and will be located in the village of Untarda, Taluka Bayad, District Aravalli. A Letter of Intent (LOI) has already been executed to initiate this project. The Company will proceed to submit an application to the Gujarat Energy Development Agency (GEDA) to secure the necessary approvals. Following this, a Technical Feasibility Report (TFR) will be obtained to assess the project's viability. Subsequently, a lease agreement for the designated property will be executed to facilitate the development of the solar power plant. The solar power plant is designed specifically for captive consumption at the TMT Bars factory in Kadi, Gujarat.Powered by Capital Market - Live
Rhetan TMT will hold a meeting of the Board of Directors of the Company on 20 September 2024.Powered by Capital Market - Live
Rhetan TMT has postponed the meeting of the Board of Directors which was scheduled to be held on 5 September 2024. The meeting will now be held on 10 September 2024.Powered by Capital Market - Live
Rhetan TMT announced that the 40th Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live
Net profit of Rhetan TMT rose 6.58% to Rs 0.81 crore in the quarter ended June 2024 as against Rs 0.76 crore during the previous quarter ended June 2023. Sales declined 20.37% to Rs 19.35 crore in the quarter ended June 2024 as against Rs 24.30 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales19.3524.30 -20 OPM %8.536.26 - PBDT1.261.16 9 PBT1.010.95 6 NP0.810.76 7 Powered by Capital Market - Live
Rhetan TMT will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant