Rish.Digh.Steel

Why is Rishabh Digha Steel & Allied Products Ltd falling/rising?

As of 01-Sep, Rishabh Digha Steel & Allied Products Ltd's stock price is at 36.50, down 2.48%, and has been on a downward trend with an 8.5% decline over the last six days. The stock has underperformed its sector and benchmarks, with significantly reduced investor participation.

As of 01-Sep, Rishabh Digha Steel & Allied Products Ltd's stock price is falling, currently at 36.50, reflecting a decrease of 0.93 or 2.48%. The stock has been on a downward trend, having underperformed its sector by 2.78% today and experiencing consecutive losses for the last six days, resulting in an overall decline of 8.5% during this period. <BR><BR>In terms of performance relative to benchmarks, the stock has shown a negative return of 6.36% over the past week, while the Sensex has only declined by 0.92%. Year-to-date, the stock is down 5.73%, compared to a 9.71% drop in the Sensex, indicating that it has not fared well in the current market environment. <BR><BR>Additionally, there has been a significant drop in investor participation, with delivery volume on August 31 falling by 89.36% compared to the five-day average, suggesting decreased interest from investors. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, which may indicate short-term weakness. Overall, these factors contribute to the stock's current decline.

Which are the latest news on Rish.Digh.Steel?

Who are in the management team of Rish.Digh.Steel?

The management team of Rish.Digh.Steel includes Ashok M Mehta (Chairman & Managing Director), Kumud A Mehta (Whole Time Director & CFO), and independent directors Snehal S Chinai and Jigar Rajendra Sheth.

The management team of Rish.Digh.Steel includes the following individuals:<BR><BR>1. **Ashok M Mehta** - Chairman & Managing Director<BR>2. **Snehal S Chinai** - Independent Director<BR>3. **Kumud A Mehta** - Whole Time Director & CFO<BR>4. **Jigar Rajendra Sheth** - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Rish.Digh.Steel do?

Rishabh Digha Steel & Allied Products Ltd manufactures and trades steel products, classified as a Micro Cap company with a market cap of INR 21 Cr. As of June 2026, it reported a net profit of 0 Cr and has a P/E ratio of 98.00.

Overview:<BR>Rishabh Digha Steel & Allied Products Ltd is engaged in the manufacturing and trading of steel and allied products within the Iron & Steel Products industry, classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 1991, Rishabh Digha Steel & Allied Products Ltd has been involved in the steel sector since its inception. The latest quarterly results reported are for June 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 98.00<BR>Industry P/E: 25<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.15<BR>Return on Equity: 1.14%<BR>Price to Book: 1.12<BR><BR>Contact Details:<BR>Address: C-17/2 MIDC Industrial Area, Taloja Raigad Maharashtra : 410208<BR>Email: info@rishabhdighasteel.com<BR>Website: http://www.rishabdighasteel.com

Who are the peers of the Rish.Digh.Steel?

Rish.Digh.Steel's peers include Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, Bloom Industries, Mukat Pipes, Modern Steels, and Earthstahl &All. Rish.Digh.Steel has average management risk, below average growth, and a 1-year return of 1.33%, higher than Rathi Bars but lower than Inducto Steel's 13.17%.

Peers: The peers of Rish.Digh.Steel are Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, Bloom Industries, Mukat Pipes, Modern Steels, and Earthstahl &All.<BR><BR>Quality Snapshot: Below Average management risk is observed at Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, Bloom Industries, and Earthstahl &All, while Average management risk is found at Rish.Digh.Steel. Growth is rated as Good for Inducto Steel, while Below Average growth is noted for Natl. Gen. Inds., Rathi Bars, Unison Metals, Rish.Digh.Steel, Bloom Industries, and Earthstahl &All. Capital Structure is rated as Below Average for Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, Rish.Digh.Steel, Bloom Industries, and Earthstahl &All, while Mukat Pipes and Modern Steels do not qualify.<BR><BR>Return Snapshot: Inducto Steel has the highest 1-year return at 13.17%, while Rathi Bars has the lowest at -46.68%. Rish.Digh.Steel's 1-year return is 1.33%, which is higher than Rathi Bars but lower than Inducto Steel. Additionally, several peers, including Rathi Bars, Unison Metals, Bloom Industries, Mukat Pipes, Modern Steels, and Earthstahl &All, have negative six-month returns.

How big is Rish.Digh.Steel?

As of 31st August, Rishabh Digha Steel & Allied Products Ltd has a market capitalization of 21.00 Cr, with recent net sales of 0.98 Cr and a net profit of 0.21 Cr. Shareholder's funds are 18.06 Cr and total assets are 18.46 Cr as of March 2025.

As of 31st August, Rishabh Digha Steel & Allied Products Ltd has a market capitalization of 21.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.98 Cr and a Net Profit of 0.21 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 18.06 Cr and Total Assets of 18.46 Cr.

Are Rishabh Digha Steel & Allied Products Ltd latest results good or bad?

Rishabh Digha Steel & Allied Products Ltd's latest results are concerning, with a net profit of -₹0.15 crores and a 42.86% revenue decline in Q4 FY26. The company has faced chronic operating losses for seven quarters, raising doubts about its business sustainability.

The latest results for Rishabh Digha Steel & Allied Products Ltd are concerning. In Q4 FY26, the company reported a net profit of -₹0.15 crores, reflecting a significant year-on-year decline of 128.85%. Revenue also fell sharply, down 42.86% to ₹0.60 crores compared to the same quarter last year. <BR><BR>The operating margin, excluding other income, was alarmingly negative at -48.33%, indicating severe operational challenges. This trend of chronic operating losses has persisted for seven consecutive quarters, raising serious questions about the sustainability of the business model. <BR><BR>While there was a notable sequential increase in revenue from the previous quarter (up 650%), this improvement is largely due to a very low base rather than a genuine recovery in operations. The company's reliance on other income to support its financials further complicates its situation, as it highlights a lack of sustainable operational profitability.<BR><BR>Overall, the financial performance indicates that Rishabh Digha Steel is facing significant difficulties, and the outlook appears bleak without a clear turnaround strategy.

Should I buy, sell or hold Rishabh Digha Steel & Allied Products Ltd?

When is the next results date for Rishabh Digha Steel & Allied Products Ltd?

The next results date for Rishabh Digha Steel & Allied Products Ltd is 29 May 2026.

The next results date for Rishabh Digha Steel & Allied Products Ltd is scheduled for 29 May 2026.

How has been the historical performance of Rish.Digh.Steel?

Rish.Digh.Steel has experienced significant financial fluctuations, with net sales increasing from 0.40 Cr in Mar'21 to 1.05 Cr in Mar'25, but operating profit has been negative since Mar'21, culminating in a loss of -1.12 Cr in Mar'25. The company's total liabilities and assets decreased from Mar'24 to Mar'25, reflecting a challenging financial situation.

Answer:<BR>The historical performance of Rish.Digh.Steel shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Rish.Digh.Steel's net sales have seen a gradual increase from Mar'21, where it reported 0.40 Cr, to Mar'25, where it reached 1.05 Cr, although it had been at 0.00 Cr in Mar'24 and Mar'22. The total operating income followed a similar trend, peaking at 2.52 Cr in Mar'20 before declining to 1.05 Cr in Mar'25. The company has consistently reported no other operating income, and its total expenditure, excluding depreciation, increased from 0.93 Cr in Mar'21 to 2.17 Cr in Mar'25. Operating profit (PBDIT) has been negative since Mar'21, with a loss of -1.12 Cr in Mar'25, contrasting with a profit of 0.29 Cr in Mar'20. Profit before tax also reflected this downward trend, dropping from 1.31 Cr in Mar'19 to 0.07 Cr in Mar'25. The profit after tax showed a similar pattern, with a significant drop to 0.08 Cr in Mar'25 from 11.50 Cr in Mar'24. The company's total liabilities decreased from 20.96 Cr in Mar'24 to 18.46 Cr in Mar'25, while total assets also fell from 20.96 Cr to 18.46 Cr in the same period. Cash flow from operating activities was positive at 10.00 Cr in Mar'24 but dropped to 0.00 Cr in Mar'25, indicating a challenging cash flow situation. Overall, Rish.Digh.Steel has experienced a volatile financial history with periods of both profit and loss, alongside fluctuations in its asset and liability structure.

Is Rish.Digh.Steel overvalued or undervalued?

As of April 25, 2023, Rish.Digh.Steel is considered a risky investment with an overvalued PE ratio of 26.83 and concerning financial metrics, including a negative EV to EBITDA ratio and low ROCE and ROE, despite a strong year-to-date stock performance of 27.88%.

As of 25 April 2023, Rish.Digh.Steel's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company is currently considered overvalued, with a PE ratio of 26.83, which is notably higher than its peers like Jindal Steel, which has a PE of 24.29, and Tata Steel at 51.92. Additionally, the EV to EBITDA ratio stands at -10.25, suggesting negative earnings before interest, taxes, depreciation, and amortization, which is a concerning indicator of financial health.<BR><BR>In comparison to its peers, Rish.Digh.Steel's financial metrics reflect a challenging position, especially with a ROCE of -50.20% and a ROE of only 0.44%. These figures highlight the company's struggles in generating returns on capital and equity. While the stock has performed well year-to-date with a return of 27.88% compared to the Sensex's 5.58%, the underlying financial ratios suggest that the current valuation may not be justified given the company's performance relative to its industry peers.

What is the technical trend for Rish.Digh.Steel?

As of May 23, 2025, Rish.Digh.Steel's technical trend is mildly bullish, supported by daily moving averages and Bollinger Bands, despite mixed signals from weekly indicators.

As of 23 May 2025, the technical trend for Rish.Digh.Steel has changed from bullish to mildly bullish. The weekly MACD is mildly bearish, while the monthly MACD remains bullish, indicating mixed signals across time frames. The daily moving averages are mildly bullish, supporting a positive short-term outlook. Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward momentum. However, the KST shows a mildly bearish stance on the weekly, contrasting with its bullish monthly reading. Overall, the current technical stance is mildly bullish, driven by the daily moving averages and Bollinger Bands, despite some bearish signals in the weekly indicators.

Who are the top shareholders of the Rish.Digh.Steel?

The top shareholders of Rish.Digh.Steel include Digha Steel Industries Private Limited with 23.49%, individual investors with 24.62%, and public shareholder Bhavin Batavia at 3.47%. There are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Rish.Digh.Steel include the promoters, with Digha Steel Industries Private Limited holding the largest stake at 23.49%. Individual investors collectively own 24.62% of the company, while the highest public shareholder is Bhavin Batavia, who holds 3.47%. There are currently no holdings by mutual funds or foreign institutional investors (FIIs).

Has Rish.Digh.Steel declared dividend?

Yes, Rishabh Digha Steel & Allied Products Ltd has declared a 20% dividend, amounting to 2 per share, with an ex-date of September 20, 2019. However, the dividend yield is 0%, indicating no consistent dividend payments in recent periods, despite significant price appreciation over time.

Rishabh Digha Steel & Allied Products Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 20 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 32.92%, with no dividend return, resulting in a total return of 32.92%.<BR><BR>Over the past year, the price return was 54.55%, with no dividend return, leading to a total return of 54.55%.<BR><BR>In the 2-year period, the price return was 156.43%, with no dividend return, culminating in a total return of 156.43%.<BR><BR>For the 3-year period, the price return was 96.51%, with no dividend return, resulting in a total return of 96.51%.<BR><BR>In the 4-year period, the price return was 108.5%, with no dividend return, leading to a total return of 108.5%.<BR><BR>Over the last 5 years, the price return was 128.4%, with no dividend return, culminating in a total return of 128.4%.<BR><BR>Overall, while Rishabh Digha Steel has declared a dividend, the dividend yield remains at 0%, indicating that the company has not consistently provided dividends in recent periods. However, the total returns over various periods show significant price appreciation.