About Company
Rajasthan Tubes Mfg. Co. Ltd. is engaged in Manufacturing and Trading of Black and Galvanized ERW Steel tubes and Pipes.
Debtor days have improved from 29.8 to 22.2 days. Company’s working capital requirements have reduced from 78.7 days to 51.6 days.
Stock is trading at 8.08 times its book value. Though the company is reporting repeated profits, it is not paying out dividend. Company has low interest coverage ratio. Promoter holding has decreased over last quarter: -20.3%. Promoter holding is low: 34.2%. Company has a low return on equity of 10.5% over last 3 years.
Financials
- Market Cap – ₹ 64.2 Cr.
- Current Price – ₹ 142
- High / Low – ₹ 142 / 26.0
- Book Value – ₹ 17.6
- Dividend Yield – 0.00 %
- ROCE – 10.6 %
- ROE8 – 8.98 %
- Face Value – ₹ 10.0
Split of face value of equity shares from Rs. 10 to Rs 1.
The Board hos approved to split 1 (one) equity share of the of the company having face value of Rs.10/- each into 10
(Ten) equity shares having face value of Re. 1/- each.
