Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.
Market Data
Essential tool: analyze, trade, manage, decide.
What’s Your Call?
Collective community sentiment on Rathi Steel and Power Ltd
Your Vote -
Buy
83.33%
Hold
0.00%
Sell
16.67%
83.33%
6 users have voted
Option Chain
Analyzes market sentiment, predicts Rathi Steel and Power Ltd' movement.
NO_RECORD_FOUND
News
Media spotlight triggers stock stock attention, sentiment.
-
Rathi Steel & Power - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
-
Rathi Steel & Power - Intimation Of Grant Of License By Bureau Of Indian Standards To Use The Standard Mark On Fe 500 Reinfor
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Change in Management
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Resignation of Chairman and Managing Director
-
Rathi Steel & Power - Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Re
-
Rathi Steel & Power - Re-Commencement Of Commercial Operations Of Steel Melting Shop Of Rathi Steel And Power Limited
-
Rathi Steel & Power - Grant Of Approval By Bureau Of Indian Standards Under The Existing License Number 8700188222, To Use Th
-
Rathi Steel & Power has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025
-
Rathi Steel & Power - Disclosure Of Stay Order Of Supreme Court Under Regulation 30 Of SEBI (Listing Obligations And Disclosu
-
Rathi Steel & Power - Disclosure Of Temporary Closure Of Commercial Operations Of Steel Melting Shop Of Rathi Steel And Power
-
Rathi Steel & Power - Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulati
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Change in Management
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Resignation of Director
-
Rathi Steel & Power - Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Re
-
Rathi Steel & Power - Disclosure Of Acquisition Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And T
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Change in Management
-
Rathi Steel & Power - Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Re
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Allotment
-
Rathi Steel & Power - Board Meeting Outcome for Allotment Of 13,00,001 Equity Shares Of Face Value Of ? 10/- Each Pursuant To
-
Rathi Steel & Power - Disclosure Of Acquisition Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And T
-
Rathi Steel & Power - Disclosure Of Acquisition Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And T
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
-
Rathi Steel & Power - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Key fundamentals
Evaluate the intrinsic value of Rathi Steel and Power Ltd stock
| Name | March-24 | March-23 | March-22 | March-21 | March-20 |
|---|---|---|---|---|---|
| Assets | 123.0704 | 52.8976 | 98.6729 | 247.3737 | 247.7311 |
| Liabilities | 123.0704 | 52.8976 | 98.6729 | 247.3737 | 247.7311 |
| Equity | 85.063 | 31.3081 | 31.3081 | 31.3081 | 31.3081 |
| Gross Profit | 20.7915 | 31.6586 | 27.9416 | -24.8871 | -77.4465 |
| Net Profit | 23.534 | 87.2228 | -36.4885 | -0.3573 | -25.6269 |
| Cash From Operating Activities | 24.1464 | 105.3298 | -11.7453 | 5.825 | 2.8806 |
| NPM(%) | 4.77 | 12 | -6.72 | -0.09 | -68.27 |
| Revenue | 492.8256 | 726.5466 | 542.5163 | 389.217 | 37.5346 |
| Expenses | 472.0341 | 694.888 | 514.5747 | 414.1042 | 114.9812 |
| ROE(%) | 19.04 | 70.57 | -29.52 | -0.28 | -20.73 |
Corporate Action
| XD-Date | Dividend-Amount | Dividend-% | Dividend Yield(%GE) | Price on that day |
|---|
Peers
Other companies within the same industry or sector that are comparable to Rathi Steel and Power Ltd
| Company | Price | Price (% change) | pe(x) | EV/EBITDA(x) | ROE(%) | ROCE(%) |
|---|---|---|---|---|---|---|
| Steel Strips Infrastructures Ltd | 28.05 | 0.32 | 0.00 | 26.81 | 295.41 | 0.00 |
| Vaswani Industries Ltd | 43.93 | -1.70 | 14.07 | 93.06 | 28.82 | 0.00 |
| Ashnisha Industries Ltd | 3.55 | -0.56 | 177.50 | 313.30 | 9.46 | 0.00 |
| Unison Metals Ltd | 24.08 | 0.33 | 5.96 | 49.70 | 11.98 | 0.00 |
Company Info
In the 1940s late Shri Gordhan Das Rathi and his two brothers viz. late Shri Kanhaiya Lal Rathi and late Shri Chhuttan Lal Rathi, setup a Steel Rolling Mill in Delhi under the name and style 'Rathi Steel Rolling Mill". The sharing pattern in this mill was - 45% of Shri G.D. Rathi and 27«% each of Shri K.L. Rathi and Shri C.L. Rathi. Shri G.D. Rathi (Group-A) had six sons, namely: 1. Shri Prem Ratan Rathi (A.1) 2. Shri Ram Chandra Rathi (A.2) 3. Shri Punam Chand Rathi (A.3) 4. Shri Kamlesh Kumar Rathi (A.4) 5. Shri Arun Kumar Rathi (A.5) 6. Shri Anil Rathi (A.6) Shri Kanhaiya Lal Rathi (Group-B) had only one son, namely Shri Chand Ratan Rathi. Shri Chhuttan Lal Rathi (Group-C) also had only one son, namely Shri Hari Kishan Rathi. In the late sixties/ early seventies, Shri G.D. Rathi renounced his 45% share in Rathi Steel Rolling Mill, in favour of his sons Shri Prem Ratan Rathi (9%), Shri Ram Chanrda Rathi (9%), Shri Punam Chand Rathi (9%), Shri Kamlesh Kumar Rathi (9%), Shri Arun Kumar Rathi (3%), Shri Anil Rathi (3%) and his wife Smt. Chautha Devi Rathi (3%). During those years (1970s) there was a division between the three brothers and the business activities of Rathi Steel Rolling Mill were divided into two parts - one part to Group-A (Shri G.D. Rathi and his sons) and the other part to Group B&C (Shri Kanhaiya Lal Rathi with his son Shri Chand Ratan Rathi and Shri Chhutan Lal Rathi with his son Shri Hari Kishan Rathi). Group-A formed their part as M/s G.D. Rathi Steels Pvt. Ltd., and Group-B&C joined together and formed their part as M/s K.L. Rathi Steel Ltd. Later on Group-A also established two more units at Ghaziabad, namely: 1. M/s Rathi Ispat Ltd (Mini Steel Plant) at Ghaziabad. 2. M/s Rathi Udyog Ltd (Rolling Mill) at Ghaziabad. And Group B&C established M/s Rathi Alloys & Steel Ltd. at Ghaziabad and Alwar. However, in around 1975 there was a division amongst them and Group-B took over the control of M/s Rathi Alloys & Steel Ltd. and Group-C took over M/s K.L. Rathi Steel Ltd. Major events in our history are given below: IMPORTANT MILESTONES: Date/Year Milestone December 17, 1971 Company was incorporated. January 11, 1972 Started installation of Rolling Mill plant at Ghaziabad. February 7, 1973 Commercial production started. August 29, 1973 Company entered the capital market with an equity issue of 3,80,000 Equity Shares of Rs.10/- each. 1976-77 Wire Rod Mill was setup. 1977-78 Company came under Grade "A" of ISI 1981-82 Term Loan was sanctioned by Pick up for rolling lower diameters of Wire Rods. 1982-83 Expansion program for rolling lower diameters of wire rod completed. 1983 Expanded the installed capacity from 25,000 TPA to 95,000 TPA 1985-86 Increase in the Paid up Capital via Rights Issue 1989-90 * Bonus shares issued in the ratio of two Bonus shares for every five existing equity shares. * Company made a Rights Issue, of Equity Shares which was over-subscribed * Company undertook expansion/diversification/ modernization program with the financial assistance of the IFCI. 1992-93 Expansion/diversification/modernization program was completed. 1993-94 Company made a Rights Issue. 1999-2000 Company obtained ISO Certification. ISO 9002 was granted for its quality products. 2001 -Start of production of TMT bars under "THERMEX" technology. 2003 -The Company has recommended a dividend @ 10% on the equity shares of the company ie Rs 1 per share, total amounting to Rs 4.637 million. 2004 -The Company has recommended a dividend @ 10% (i.e. Re 1/- per share) on the equity shares of the Company. 2005 -The Company Expanded the installed capacity from 95,000 TPA to 1,25,000 TPA. -Installation of High Speed No Twist Block Mill for producing high quality wire rods. -The Company Signed an MoU with the Government of Orissa for setting up an Integrated Steel Plant at Sambalpur District. -Company also appointed OSIL as a Technical Consultant to supply know-how, basic engineering, detail engineering and rendering services for training & commissioning assistance. -Installed Steel Melting Shop of 40,000 TPA. -The Company has received sanctions from Bank of Baroda (BoB) and Syndicate Bank for its upcoming Integrated Steel Plant at Sambalpur (Orissa). 2006 -Commencement of Production of Alloys Steel/Stainless Steel. 2007 -The Company has recommended dividend of 5%. 2008 -Company name has been changed from Rathi Udyog Ltd to Rathi Steel & Power Ltd. -The Company has recommended dividend @ 5% 2009 -The Company has proposed Dividend @ Rs. 0.30 (3%) per share. 2010 -The Company has approved a Dividend @ Re 0.30 (3%) per share 2011 -The Company has recommended a dividend @ 3% (i.e. Re. 0.30) per share. 2014 -The Registered office of the Company has been shifted from old location to Chauhan Market, Madanpur Khadar, Near Local Shopping Complex, Pocket-D & E, Santa Vihar, New Delhi - 110076, Telephone/Fax Number: 011-26991063. 2024 -Company received an order to supply stainless steel products to Bansal Wire Industries Limited, who are leaders in downstream applications of our products. -Company has commenced implementing Cost Optimisation Project.
In the 1940s late Shri Gordhan Das Rathi and his two brothers viz. late Shri Kanhaiya Lal Rathi and late Shri Chhuttan Lal Rathi, setup a Steel Rolling Mill in Delhi under the name and style 'Rathi Steel Rolling Mill". The sharing pattern in this mill was - 45% of Shri G.D. Rathi and 27«% each of Shri K.L. Rathi and Shri C.L. Rathi. Shri G.D. Rathi (Group-A) had six sons, namely: 1. Shri Prem Ratan Rathi (A.1) 2. Shri Ram Chandra Rathi (A.2) 3. Shri Punam Chand Rathi (A.3) 4. Shri Kamlesh Kumar Rathi (A.4) 5. Shri Arun Kumar Rathi (A.5) 6. Shri Anil Rathi (A.6) Shri Kanhaiya Lal Rathi (Group-B) had only one son, namely Shri Chand Ratan Rathi. Shri Chhuttan Lal Rathi (Group-C) also had only one son, namely Shri Hari Kishan Rathi. In the late sixties/ early seventies, Shri G.D. Rathi renounced his 45% share in Rathi Steel Rolling Mill, in favour of his sons Shri Prem Ratan Rathi (9%), Shri Ram Chanrda Rathi (9%), Shri Punam Chand Rathi (9%), Shri Kamlesh Kumar Rathi (9%), Shri Arun Kumar Rathi (3%), Shri Anil Rathi (3%) and his wife Smt. Chautha Devi Rathi (3%). During those years (1970s) there was a division between the three brothers and the business activities of Rathi Steel Rolling Mill were divided into two parts - one part to Group-A (Shri G.D. Rathi and his sons) and the other part to Group B&C (Shri Kanhaiya Lal Rathi with his son Shri Chand Ratan Rathi and Shri Chhutan Lal Rathi with his son Shri Hari Kishan Rathi). Group-A formed their part as M/s G.D. Rathi Steels Pvt. Ltd., and Group-B&C joined together and formed their part as M/s K.L. Rathi Steel Ltd. Later on Group-A also established two more units at Ghaziabad, namely: 1. M/s Rathi Ispat Ltd (Mini Steel Plant) at Ghaziabad. 2. M/s Rathi Udyog Ltd (Rolling Mill) at Ghaziabad. And Group B&C established M/s Rathi Alloys & Steel Ltd. at Ghaziabad and Alwar. However, in around 1975 there was a division amongst them and Group-B took over the control of M/s Rathi Alloys & Steel Ltd. and Group-C took over M/s K.L. Rathi Steel Ltd. Major events in our history are given below: IMPORTANT MILESTONES: Date/Year Milestone December 17, 1971 Company was incorporated. January 11, 1972 Started installation of Rolling Mill plant at Ghaziabad. February 7, 1973 Commercial production started. August 29, 1973 Company entered the capital market with an equity issue of 3,80,000 Equity Shares of Rs.10/- each. 1976-77 Wire Rod Mill was setup. 1977-78 Company came under Grade "A" of ISI 1981-82 Term Loan was sanctioned by Pick up for rolling lower diameters of Wire Rods. 1982-83 Expansion program for rolling lower diameters of wire rod completed. 1983 Expanded the installed capacity from 25,000 TPA to 95,000 TPA 1985-86 Increase in the Paid up Capital via Rights Issue 1989-90 * Bonus shares issued in the ratio of two Bonus shares for every five existing equity shares. * Company made a Rights Issue, of Equity Shares which was over-subscribed * Company undertook expansion/diversification/ modernization program with the financial assistance of the IFCI. 1992-93 Expansion/diversification/modernization program was completed. 1993-94 Company made a Rights Issue. 1999-2000 Company obtained ISO Certification. ISO 9002 was granted for its quality products. 2001 -Start of production of TMT bars under "THERMEX" technology. 2003 -The Company has recommended a dividend @ 10% on the equity shares of the company ie Rs 1 per share, total amounting to Rs 4.637 million. 2004 -The Company has recommended a dividend @ 10% (i.e. Re 1/- per share) on the equity shares of the Company. 2005 -The Company Expanded the installed capacity from 95,000 TPA to 1,25,000 TPA. -Installation of High Speed No Twist Block Mill for producing high quality wire rods. -The Company Signed an MoU with the Government of Orissa for setting up an Integrated Steel Plant at Sambalpur District. -Company also appointed OSIL as a Technical Consultant to supply know-how, basic engineering, detail engineering and rendering services for training & commissioning assistance. -Installed Steel Melting Shop of 40,000 TPA. -The Company has received sanctions from Bank of Baroda (BoB) and Syndicate Bank for its upcoming Integrated Steel Plant at Sambalpur (Orissa). 2006 -Commencement of Production of Alloys Steel/Stainless Steel. 2007 -The Company has recommended dividend of 5%. 2008 -Company name has been changed from Rathi Udyog Ltd to Rathi Steel & Power Ltd. -The Company has recommended dividend @ 5% 2009 -The Company has proposed Dividend @ Rs. 0.30 (3%) per share. 2010 -The Company has approved a Dividend @ Re 0.30 (3%) per share 2011 -The Company has recommended a dividend @ 3% (i.e. Re. 0.30) per share. 2014 -The Registered office of the Company has been shifted from old location to Chauhan Market, Madanpur Khadar, Near Local Shopping Complex, Pocket-D & E, Santa Vihar, New Delhi - 110076, Telephone/Fax Number: 011-26991063. 2024 -Company received an order to supply stainless steel products to Bansal Wire Industries Limited, who are leaders in downstream applications of our products. -Company has commenced implementing Cost Optimisation Project.
Read More
Parent Organisation
Rathi Steel & Power Ltd.
Founded
17/12/1971
Managing Director
Mr.Prem Narain Varshney
NSE Symbol
FAQ
The current price of Rathi Steel and Power Ltd is
The 52-week high for Rathi Steel and Power Ltd is
The market capitalization of Rathi Steel and Power Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.
To buy Rathi Steel and Power Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.
To invest in Rathi Steel and Power Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Rathi Steel and Power Ltd shares.
The CEO of Rathi Steel and Power Ltd is Mr.Prem Narain Varshney, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.
