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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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TCS₹4,124.50+1.18%
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Rhetan TMT Limited

Rhetan TMT Limited

NSE: RHETAN
SteelBasic MaterialsSMALL CAPMCap ₹1.39k Cr
₹17.40₹-0.86 (-4.71%)

Market Closed • NSE

Market cap₹1.39k Cr
Enterprise value₹1.48k Cr
P/E TTM102.35
P/B12.77
EPS TTM₹0.17
D/E0.38
Dividend yield0.00%
52W high₹34.87
52W low₹14.42
Price chart(1Y)
1Y Return:-43.25% (₹13.26)
H: ₹34.87L: ₹14.42
1W+10.06%
1M-31.14%
3M-35.86%
6M-32.06%
1Y-20.48%
Today at a glance

Day range

₹17.35₹18.25

52 week range

₹14.42₹34.87
Volume5.13M0.60x 20D avg
Free float50.00%-40.00% volume

Rhetan TMT Limited closed at INR17.40 (-4.71%) on volume 0.6x its 20-day average, trading 50.1% below its 52-week high.

Technical analysis
RSI (14)42.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹1.13High
SMA 20₹18.45BEARISH
SMA 50₹22.44BEARISH
SMA 100₹25.59BEARISH
SMA 200₹25.73BEARISH
CPR bottom₹18.27
Pivot₹18.26
CPR top₹18.26
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -50.1% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹41.7 Cr₹1.39k Cr3.01%≤ 33%PASS
Non-halal income ratio–₹24.4 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹164.8 Cr₹165.1 Cr99.82%≥ 20%PASS
Receivables ratio–₹165.1 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E102.3521.40
Forward P/E——
P/B12.772.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield1.004.70
Growth & profitability
RevenuePAT
FY23PAT margin 6.30%
FY24PAT margin 6.00%
FY25PAT margin 13.30%
FY26PAT margin 42.10%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-34.30%
Revenue CAGR 5Y—
PAT CAGR 3Y+23.90%
PAT CAGR 5Y—
Operating margin-19.99%
Net margin54.11%
Financial health & cash flow
Net debt₹41.4 CrModerate
Interest coverage4.30xEBIT / interest
CFO / PAT1.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.3 Cr
Capital expenditure–
Free cash flow₹-308.3 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation35/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.38x

High Cash Flow Conversion: CFO/PAT averaged 1.06x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 102.4x

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)75.75%-30.26% latest vs average
Highest delivery100.00%on 10 Sept
Average volume (20D)8.56MTrading-session average
Conviction trendWeakening-30.26% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.14L36.802.30%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.85L11.520.60%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.30L13.462.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L47.081.19%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.17L19.642.33%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.00L12.210.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.96L34.470.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.880.06%₹3,668.00₹666.00+70.29%+88.67%
About Rhetan TMT Limited
Rhetan TMT Limited

Rhetan TMT Limited engages in the manufacture and sale of thermo-mechanically treated (TMT) bars in India. The company offers TMT bars which are used in building homes, multi-storeyed, bridges, flyovers, and other civil engineering structures, as well as construction industry; and round bars for use in engineering component, forging industry, foundation bolts, and shafting products. Rhetan TMT Limited was incorporated in 1984 and is based in Ahmedabad, India.

IndiaBasic Materials

Questions investors ask
Is Rhetan TMT Limited Shariah compliant?

Rhetan TMT Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (3.01%) complies with AAOIFI threshold (≤ 33%).

What is Rhetan TMT Limited's current valuation relative to peers?

Rhetan TMT Limited trades at a P/E of 102.4x compared to the sector median of 21.4x, and a Price-to-Book of 12.8x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.38x. Interest coverage is 4.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.