Riddhi Steel & Tube Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 1002658,
    "name": "Riddhi Steel",
    "stock_name": "Riddhi Steel",
    "full_name": "Riddhi Steel & Tube Ltd",
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    "cmp": "168.90",
    "chg": "0.00",
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    "mcapval": "128.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 540082,
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    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
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    "isin": "INE367U01013",
    "curr_date": "Dec 04",
    "curr_time": "",
    "bse_nse_vol": "13.5 k",
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    "traded_date": "Dec 04, 2025",
    "traded_date_str": "2025 12 04",
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    "results": [
      {
        "title": "How has been the historical performance of Riddhi Steel?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-riddhi-steel-3695504",
        "imagepath": "",
        "date": "2025-11-13 00:27:48",
        "description": "Answer:\nThe historical performance of Riddhi Steel shows a trend of increasing net sales and profit over the years, with significant growth in the latest fiscal year.\n\nBreakdown:\nRiddhi Steel's net sales have shown a steady increase, rising from 302.67 Cr in Mar'23 to 391.13 Cr in Mar'25. This growth is accompanied by a rise in total operating income, which reached 391.13 Cr in Mar'25, up from 327.57 Cr in Mar'24. The company's total expenditure, excluding depreciation, also increased to 369.22 Cr in Mar'25 from 308.86 Cr in Mar'24, primarily driven by higher raw material costs which surged to 393.46 Cr. Despite these rising costs, Riddhi Steel managed to improve its operating profit, which increased to 24.72 Cr in Mar'25 from 21.32 Cr in Mar'24. Consequently, profit before tax rose to 10.20 Cr in Mar'25, compared to 6.55 Cr in Mar'24, leading to a profit after tax of 7.59 Cr, up from 4.80 Cr. The company's..."
      },
      {
        "title": "When is the next results date for Riddhi Steel?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-riddhi-steel-3681239",
        "imagepath": "",
        "date": "2025-11-07 23:20:13",
        "description": "The next results date for Riddhi Steel is scheduled for 12 November 2025...."
      },
      {
        "title": "Is Riddhi Steel overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-riddhi-steel-overvalued-or-undervalued-3608851",
        "imagepath": "",
        "date": "2025-10-10 08:06:05",
        "description": "As of 9 October 2025, Riddhi Steel's valuation grade has moved from risky to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE Ratio of 9.83, an EV to EBITDA of 8.97, and a ROE of 12.22%. \n\nWhen compared to peers, Riddhi Steel's valuation stands out as notably high; for instance, JSW Steel has a PE of 56.18 and Tata Steel has a PE of 45.37, both of which are significantly higher. This suggests that Riddhi Steel is not only overvalued relative to its peers but also underperforming in terms of returns, as evidenced by its YTD stock return of -29.52% compared to the Sensex's 5.16%...."
      },
      {
        "title": "Is Riddhi Steel overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-riddhi-steel-overvalued-or-undervalued-3577031",
        "imagepath": "",
        "date": "2025-09-29 08:03:28",
        "description": "As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued. Key ratios include a PE ratio of 9.28, an EV to EBITDA of 8.79, and a ROE of 12.22%. \n\nWhen compared to peers, Riddhi Steel's valuation stands out as very expensive, especially against JSW Steel, which has a PE of 54, and Tata Steel, which is rated attractive with a PE of 43.07. The company's recent stock performance has been underwhelming, with a year-to-date return of -33.44%, contrasting sharply with the Sensex's positive return of 2.93% during the same period, further reinforcing the notion of overvaluation...."
      },
      {
        "title": "Is Riddhi Steel overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-riddhi-steel-overvalued-or-undervalued-3576292",
        "imagepath": "",
        "date": "2025-09-28 08:02:46",
        "description": "As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive. The company is currently overvalued based on its financial metrics. Key ratios include a price-to-earnings (PE) ratio of 9.28, an EV to EBITDA ratio of 8.79, and a return on equity (ROE) of 12.22%. \n\nWhen compared to peers, Riddhi Steel's valuation stands out as very expensive, especially against JSW Steel, which has a PE ratio of 54, and Tata Steel, with a PE of 43.07. This stark contrast in valuation ratios indicates that Riddhi Steel is not only overvalued but also underperforming relative to its peers. Additionally, the company's recent stock performance has been disappointing, with a year-to-date return of -33.44% compared to a positive 2.93% return from the Sensex, further reinforcing the overvaluation narrative...."
      },
      {
        "title": "Is Riddhi Steel overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-riddhi-steel-overvalued-or-undervalued-3575841",
        "imagepath": "",
        "date": "2025-09-27 08:03:21",
        "description": "As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued. Key ratios include a PE ratio of 9.28, an EV to EBITDA of 8.79, and a ROE of 12.22%. \n\nIn comparison to its peers, Riddhi Steel's valuation stands out as very expensive, especially when juxtaposed with JSW Steel, which is fairly valued with a PE of 54, and Tata Steel, which is attractive with a PE of 43.07. The recent stock performance shows a decline of 33.44% year-to-date, contrasting sharply with the Sensex's gain of 2.93%, reinforcing the notion that Riddhi Steel is currently overvalued in the market...."
      }
    ],
    "total": 25,
    "sid": "1002658",
    "stock_news_url": "https://www.marketsmojo.com/news/riddhi-steel-tube-1002658"
  },
  "announcements": [
    {
      "caption": "Unaudited Financial Results Of The Company For The Half Year Ended On September 30 2025",
      "datetime": "12-Nov-2025",
      "details": "Pursuant to Regulations 30 and 33 of SEBI (LODR) Regulations 2015 please note that the Board of Directors of the Company in its meeting held today considered and approved the Unaudited Financial Results along with Limited Review Report of the Company for the half year ended on September 30 2025.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015",
      "datetime": "12-Nov-2025",
      "details": "This is to bring to your kind notice that a meeting of the Board of Directors was held today i.e. Wednesday 12th November 2025 as required under Regulation 30 (Schedule III Part A(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time please note that the Board of Directors of the company in its meeting held today has considered and approved the following: 1. Unaudited Financial Results along with Limited Review Report of the Company for the half year ended on September 30 2025. The meeting of Board of Directors commenced at 11:00 A.M. and closed at around 12:45 P.M. Kindly take note of the same and update record of the Company accordingly.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Intimation Of Board Meeting",
      "datetime": "06-Nov-2025",
      "details": "Riddhi Steel And Tube Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 inter alia to consider and approve Notice is hereby given pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 that the meeting of the Board of Directors of the Company is scheduled to be held on Wednesday 12th November 2025 at 11:00 A.M. (IST) at the Registered Office of the Company to inter alia transact the following business: The Agenda for the meeting is as under: 1. To consider and approve Unaudited Standalone Financial Results of the Company for the half year ended September 30 2025; 2. To consider and transit any other business if any which may be placed before the Board with the permission of the Chairman. We request you to take note of the same and update record of the Company accordingly.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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  ]
}

News and Views

How has been the historical performance of Riddhi Steel?

2025-11-13 00:27:48

Answer: The historical performance of Riddhi Steel shows a trend of increasing net sales and profit over the years, with significant growth in the latest fiscal year. Breakdown: Riddhi Steel's net sales have shown a steady increase, rising from 302.67 Cr in Mar'23 to 391.13 Cr in Mar'25. This growth is accompanied by a rise in total operating income, which reached 391.13 Cr in Mar'25, up from 327.57 Cr in Mar'24. The company's total expenditure, excluding depreciation, also increased to 369.22 Cr in Mar'25 from 308.86 Cr in Mar'24, primarily driven by higher raw material costs which surged to 393.46 Cr. Despite these rising costs, Riddhi Steel managed to improve its operating profit, which increased to 24.72 Cr in Mar'25 from 21.32 Cr in Mar'24. Consequently, profit before tax rose to 10.20 Cr in Mar'25, compared to 6.55 Cr in Mar'24, leading to a profit after tax of 7.59 Cr, up from 4.80 Cr. The company's...

When is the next results date for Riddhi Steel?

2025-11-07 23:20:13

The next results date for Riddhi Steel is scheduled for 12 November 2025....

Is Riddhi Steel overvalued or undervalued?

2025-10-10 08:06:05

As of 9 October 2025, Riddhi Steel's valuation grade has moved from risky to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE Ratio of 9.83, an EV to EBITDA of 8.97, and a ROE of 12.22%. When compared to peers, Riddhi Steel's valuation stands out as notably high; for instance, JSW Steel has a PE of 56.18 and Tata Steel has a PE of 45.37, both of which are significantly higher. This suggests that Riddhi Steel is not only overvalued relative to its peers but also underperforming in terms of returns, as evidenced by its YTD stock return of -29.52% compared to the Sensex's 5.16%....

Is Riddhi Steel overvalued or undervalued?

2025-09-29 08:03:28

As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued. Key ratios include a PE ratio of 9.28, an EV to EBITDA of 8.79, and a ROE of 12.22%. When compared to peers, Riddhi Steel's valuation stands out as very expensive, especially against JSW Steel, which has a PE of 54, and Tata Steel, which is rated attractive with a PE of 43.07. The company's recent stock performance has been underwhelming, with a year-to-date return of -33.44%, contrasting sharply with the Sensex's positive return of 2.93% during the same period, further reinforcing the notion of overvaluation....

Is Riddhi Steel overvalued or undervalued?

2025-09-28 08:02:46

As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive. The company is currently overvalued based on its financial metrics. Key ratios include a price-to-earnings (PE) ratio of 9.28, an EV to EBITDA ratio of 8.79, and a return on equity (ROE) of 12.22%. When compared to peers, Riddhi Steel's valuation stands out as very expensive, especially against JSW Steel, which has a PE ratio of 54, and Tata Steel, with a PE of 43.07. This stark contrast in valuation ratios indicates that Riddhi Steel is not only overvalued but also underperforming relative to its peers. Additionally, the company's recent stock performance has been disappointing, with a year-to-date return of -33.44% compared to a positive 2.93% return from the Sensex, further reinforcing the overvaluation narrative....

Is Riddhi Steel overvalued or undervalued?

2025-09-27 08:03:21

As of 26 September 2025, Riddhi Steel's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued. Key ratios include a PE ratio of 9.28, an EV to EBITDA of 8.79, and a ROE of 12.22%. In comparison to its peers, Riddhi Steel's valuation stands out as very expensive, especially when juxtaposed with JSW Steel, which is fairly valued with a PE of 54, and Tata Steel, which is attractive with a PE of 43.07. The recent stock performance shows a decline of 33.44% year-to-date, contrasting sharply with the Sensex's gain of 2.93%, reinforcing the notion that Riddhi Steel is currently overvalued in the market....

View All News

Announcement

Unaudited Financial Results Of The Company For The Half Year Ended On September 30 2025

12-Nov-2025 | Source : BSE

Pursuant to Regulations 30 and 33 of SEBI (LODR) Regulations 2015 please note that the Board of Directors of the Company in its meeting held today considered and approved the Unaudited Financial Results along with Limited Review Report of the Company for the half year ended on September 30 2025.

Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

12-Nov-2025 | Source : BSE

This is to bring to your kind notice that a meeting of the Board of Directors was held today i.e. Wednesday 12th November 2025 as required under Regulation 30 (Schedule III Part A(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time please note that the Board of Directors of the company in its meeting held today has considered and approved the following: 1. Unaudited Financial Results along with Limited Review Report of the Company for the half year ended on September 30 2025. The meeting of Board of Directors commenced at 11:00 A.M. and closed at around 12:45 P.M. Kindly take note of the same and update record of the Company accordingly.

Board Meeting Intimation for Intimation Of Board Meeting

06-Nov-2025 | Source : BSE

Riddhi Steel And Tube Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 inter alia to consider and approve Notice is hereby given pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 that the meeting of the Board of Directors of the Company is scheduled to be held on Wednesday 12th November 2025 at 11:00 A.M. (IST) at the Registered Office of the Company to inter alia transact the following business: The Agenda for the meeting is as under: 1. To consider and approve Unaudited Standalone Financial Results of the Company for the half year ended September 30 2025; 2. To consider and transit any other business if any which may be placed before the Board with the permission of the Chairman. We request you to take note of the same and update record of the Company accordingly.