What we do Rhetan TMT Ltd manufactures TMT steel bars for construction, serving infrastructure projects like dams, bridges, and towers in Gujarat, India. |
Founded in 1,984 |
Market share A recognized player in Gujarat's regional steel TMT bars market with IS 1786:2008 certification. |
Problem solved Provides high-quality, durable steel reinforcement bars essential for safe and resilient construction infrastructure. |
Top clients or who we serve Serves construction companies, infrastructure developers, and contractors in Gujarat; B2B focus. |
Key management - |
Our journey and innovations Established in 1984, ceased operations in 2001 due to financial issues, modernized plant in 2018, resumed production in 2019, IPO in 2022. |
Where we operate Operations primarily in Gujarat, India with commercial production at Mehsana district plant. |
Top products or what we offer Manufactures IS 1786:2008 certified TMT bars used in major construction and infrastructure projects. |
Top brands Rhetan TMT Bars - certified and trusted for infrastructure, dams, bridges; key revenue driver. |
Raw materials needed Steel billets and raw steel materials for TMT bar manufacturing. |
Raw materials supplier Local and regional steel suppliers in Gujarat; specific names not disclosed. |
Recurring vs cyclical contribution Revenue is largely cyclical, linked to construction industry demand. |
Our industry position Strong regional presence in Gujarat's construction steel market; ISO certified, recognized quality. |
Financial highlights FY 2024-25 revenue Rs. 37.16 Cr, net profit Rs. 3.1 Cr; prior year revenue was higher at Rs. 64.77 Cr. |
Geographical revenue split Revenue primarily from Gujarat construction and infrastructure projects. |
Order book - |
Whats driving growth Growth driven by infrastructure investments and modernization of plant capacity post-2019 revival. |
Our future plans Focus on capacity enhancement, maintaining quality certifications, and expanding market share in Gujarat. |
Our green promise Committed to energy conservation and sustainability; no major R&D or technology imports currently. |
Our people and values Employee-focused with compliance on workplace policies including harassment prevention; promotes ethical conduct. |
Key challenges ahead Facing challenges from construction sector cyclicality and raw material supply volatility. |
Interesting facts Company revived after 17 years of closure; completed IPO raising Rs 56 Cr in 2022. |
Risks and strategy Mitigates market cyclicality risk via modernization and diversified construction segment focus. |
