Riddhi Steel & Tube Ltd (RSTL) Share Price & Fundamentals

What we do

Riddhi Steel & Tube Ltd manufactures and trades steel hollow and tube pipes serving sectors like power, agriculture, construction, and gas transportation.

Founded in

2,001

Market share

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Problem solved

Provides high-quality steel tubular products that address infrastructure needs in diverse critical industries with ISO and BIS certified quality standards.

Top clients or who we serve

Power sector, agro-based industries, construction, gas transportation companies; primarily B2B clients.

Key management

Rajeshkumar Ramkumar Mittal (MD), Preeti Rajeshkumar Mittal (CFO), Gaurav Ramesh Khandelwal (Company Secretary)

Our journey and innovations

Incorporated in 2001, converted to public company in 2016, expanded capacity to 60,000 MT/year; issued public equity in 2016 to fund growth.

Where we operate

India, manufacturing unit in Ahmedabad, Gujarat.

Top products or what we offer

Steel square and rectangular hollow sections (SHS & RHS) in varied sizes and thicknesses used for industrial applications.

Top brands

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Raw materials needed

Raw materials include steel billets and coils required for tubular steel manufacturing.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is primarily cyclical, driven by infrastructure and industrial sector demand.

Our industry position

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Financial highlights

FY2024-25 revenue Rs. 391.13 Cr; net profit Rs. 7.59 Cr; EBITDA Rs. 24.72 Cr; demonstrated growing profitability.

Geographical revenue split

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Order book

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Whats driving growth

Rising demand in power, agro, and construction sectors; capacity utilization and quality certifications supporting growth.

Our future plans

Focus on capacity optimization, compliance improvements, and strengthening market presence in key industrial sectors.

Our green promise

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Our people and values

68 employees fostering ethical conduct, compliance with laws and focus on quality; committed to professional integrity.

Key challenges ahead

Managing market cyclicality, raw material costs, regulatory compliance, and competitive market pressures.

Interesting facts

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Risks and strategy

Governed by sound internal controls, risk management policies proactively address operational and regulatory challenges.