Riddhi Steel & Tube Ltd (RSTL) — shareholding pattern, promoter holding, financials and share price
About Riddhi Steel & Tube Ltd (RSTL)
Riddhi Steel & Tube Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as RSTL and on the BSE under scrip code 540082. Its ISIN is INE367U01013.
Incorporated in 2002, Riddhi Steel & Tube does manufacturing, dealing, trading of Steel and tube pipes [1]
Riddhi Steel and Tube Limited specializes in manufacturing and trading steel and tube pipes for multiple sectors, including power, agriculture, construction, and more.
The company produces steel square hollow sections (SHS) and rectangular hollow sections (RHS) in various sizes and thicknesses, catering to diverse industrial applications.
Listed peers in Iron & Steel Products: D P Wires Ltd, Supershakti Metaliks Ltd, Suraj Products Ltd, VMS TMT Ltd, Remi Edelstahl Tubulars Ltd, Vibhor Steel Tubes Ltd.
Valuation & Returns
At ₹196 a share, Riddhi Steel & Tube Ltd (RSTL) was valued at a price-to-earnings ratio of 21.33x against an industry P/E of 37x and a price-to-book of 3.32x on a book value of ₹59.15 per share. Solomo computes return on equity of 15.57% and return on capital employed of 14.09% from filed results.
- P/E
- 21.33x
- Industry P/E
- 37x
- P/B
- 3.32x
- EPS (TTM)
- ₹9.15
- Book value / share
- ₹59.15
- ROE
- 15.57%
- ROCE
- 14.09%
- ROA
- 5.28%
- Debt / equity
- 1.87x
- Dividend yield
- 0%
- EBITDA margin
- 7.08%
- 52-week range
- ₹50.03 – ₹276.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Riddhi Steel & Tube Ltd (RSTL) reported revenue of ₹458 crore, net profit of ₹11 crore and earnings per share of ₹9.21. That compares with revenue of ₹391 crore and net profit of ₹8 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹211 crore and net profit ₹5 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 302 | 303 | 328 | 391 | 458 |
| Net profit (₹ cr) | 2 | 3 | 5 | 8 | 11 |
| EPS (₹) | 2 | 2.74 | 3.87 | 6.12 | 9.21 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 5.81% | 6.04% | 8.94% | 19.40% |
| Profit growth | 12.35% | 19.90% | 45.21% | 58.13% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 74.61% of Riddhi Steel & Tube Ltd (RSTL) and domestic institutional investors (DII) hold 1.38%. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2016.
Largest disclosed public shareholders in Mar 2026: RAJESH KUMAR GOYAL HUF 3.89%, MAHENDRA GIRDHARILAL WADHWANI 3.76%, NEHA GUPTA 2.28%, MEENADEVI KAMLESHKUMAR JAIN 1.52%, AYUSH KAMLESHKUMAR JAIN 1.48%, CHANAKYA OPPORTUNITIES FUND I 1.38%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 74.61% | - | - | 1.38% | 25.39% |
| Sep 2025 | 74.17% | - | - | 0.36% | 25.83% |
| Mar 2025 | 73.58% | - | - | - | 26.42% |
| Sep 2024 | 72.56% | - | - | - | 27.44% |
| Mar 2024 | 72.85% | - | - | - | 27.15% |
| Sep 2023 | 72.56% | - | - | - | 27.44% |
| Mar 2023 | 72.56% | - | - | - | 27.44% |
| Dec 2022 | 72.56% | - | - | - | 27.44% |