{
  "main_header": {
    "sid": 1002658,
    "name": "Riddhi Steel",
    "stock_name": "Riddhi Steel",
    "full_name": "Riddhi Steel & Tube Ltd",
    "name_url": "stocks-analysis/riddhi-steel",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "242.00",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "242.00",
    "mcapval": "196.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 540082,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE367U01013",
    "curr_date": "Dec 26",
    "curr_time": "",
    "bse_nse_vol": "4.5 k",
    "exc_status": "Active",
    "traded_date": "Dec 26, 2025",
    "traded_date_str": "2025 12 26",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/riddhi-steel-1002658-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "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%...."
      }
    ],
    "total": 25,
    "sid": "1002658",
    "stock_news_url": "https://www.marketsmojo.com/news/riddhi-steel-tube-1002658"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for Intimation Of Board Meeting",
      "datetime": "27-Dec-2025",
      "details": "Riddhi Steel And Tube Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/01/2026 inter alia to consider and approve Notice is hereby given pursuant to Regulation 29 of SEBI (LODR) Regulations 2015 that the meeting of the Board of Directors of the Company is scheduled to be held on Thursday 01/01/2026 at 01:00 p.m. (IST) at the Registered Office of the Company to inter alia transact the following business: 1.To consider the matter relating to increase in Authorised Share Capital of the company and alteration of Clause V of Memorandum of Association of company pursuant to an increase in Authorised share capital; 2.To consider the matter relating to the issuance of Bonus shares; 3.To approve draft of postal ballot notice. 4.To consider and transit any other business if any which may be placed before the Board with the permission of the Chairman. Trading window will be closed for trading in the Companys securities from 27/12/2025 till the expiry of 48 hours from the date conclusion of Board Meeting to be held on 01/01/2026.",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "24-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Riddhi Rajesh Mittal",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "19-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Rajeshkumar Ramkumar Mittal",
      "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": []
    }
  ]
}

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...

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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....

Read More

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%....

Read More

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