Rhetan TMT Limited
NSE: RHETAN · Iron & Steel Products · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹42 cr (FY26): borrowings are higher by ₹41 cr.
- Operating profit covered interest 12.5x in the last 12 months.
- Other income was 97% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹14.18 on 2026-10-26: -59.3% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 5 | 6 | 8 | 4 |
| EBITDA | 1 | 2 | 3 | -1 |
| OPM % | 23.1% | 38.9% | 29.9% | -16.3% |
| Other income | 2 | 3 | 2 | 4 |
| Net profit | 3 | 4 | 2 | 3 |
| EPS (₹) | 0.04 | 0.06 | 0.08 | 0.08 |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 24 | 23 |
| EBITDA | 7 | 5 |
| Net profit | 10 | 13 |
| EPS (₹) | 0.18 | 0.26 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -32.3% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 109 |
| Borrowings | 42 |
| Cash & equivalents | 0 |
| Total assets | 165 |
| Fixed assets | 16 |
| Capital work in progress | 6 |
| Investments | 7 |
| Receivables | 24 |
| Inventory | 51 |
| Payables | 6 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 1 |
| Cash from investing | -9 |
| Cash from financing | 7 |
| Capex | 0 |
| Free cash flow | 1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 9.5% |
| ROCE % | 9.7% |
| Debtor days | 365 |
| Inventory days | 1,433 |
| Payable days | 180 |
| Cash conversion cycle (days) | 1,618 |
| Working capital days | 1,413 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 62.12% |
| FIIs | 0.35% |
| Public (non-institutions) | 37.53% |
| Quarter | Sep 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters % | 62.12% | 62.12% | 62.12% | 62.12% | 62.12% | 62.12% |
| Promoter group | % |
|---|---|
| Ashoka Metcast Limited | 55.52% |
| Shalin Ashok Shah | 5.65% |
| Ashok Chinubhai Shah | 0.94% |
| Shalin A Shah | 0.00% |
| Payal Shalin Shah | 0.00% |
| Leena Ashok Shah | 0.00% |
| Lesha Ventures Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Akhil Retail Private Limited | 6.52% |
| Ajay Chandra Bhogaraju | 3.99% |
| Infiniti Infrasteel LLP | 3.07% |
| Aarem Insights Private Limited | 2.84% |
| Clear Water Commodities PVT Ltd | 1.87% |
| Vimlaben Vishnubhai Chauhan | 1.15% |
| Earth Stone Commodities Private Limited | 1.11% |
86,616 shareholders. Pledged: – of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| RHETAN | ₹789 cr | 54.5x | 7.3x | 11.7% | 11.4% | 22.8% | – | – |
Documents
- Annual report FY26
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Iron and Steel Product
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | RHETAN |
| BSE code | 543590 |
| ISIN | INE0KKN01029 |
| Face value | ₹1.0 |
| Incorporated | 1984-06-26 |
| Website | www.rhetan.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.