Rishabh Digha Steel & Allied Products Ltd - Stock Valuation and Financial Performance

BSE: 531539 | NSE: | Steel & Iron Products | Small Cap

Rishabh Digha Steel Share Price

31.88 -1.67 -4.98%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Rishabh Digha Steel

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Rishabh Digha Steel & Allied Products stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
17.5 Cr.
52-wk low:
15.3
52-wk high:
53.3

Is Rishabh Digha Steel & Allied Products Ltd an attractive stock to invest in?

1. Is Rishabh Digha Steel & Allied Products Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rishabh Digha Steel & Allied Products Ltd is a average quality company.

2. Is Rishabh Digha Steel & Allied Products Ltd undervalued or overvalued?

The key valuation ratios of Rishabh Digha Steel & Allied Products Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Rishabh Digha Steel & Allied Products Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rishabh Digha Steel & Allied Products Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rishabh Digha Steel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rishabh Digha Steel & Allied Products Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.9%2.2%3.1%3.7%16.1%15.9%5.1%-3.2%-5.6%-5.3%-
Value Creation
Index
-0.9-0.8-0.8-0.70.20.1-0.6-1.2-1.4-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.11.11.71.93.83.92.50.4000
Sales YoY Gr.-5.6%46.9%15.7%99.5%2.9%-36%-84.1%-100%NA-
Adj EPS 0.20.30.40.52.52.60.7-0.5-0.8-0.8-1.2
YoY Gr.-87.5%46.7%18.2%386.5%0.8%-71.4%-163%NANA-
BVPS (₹) 16.815.414.815.21615.91413.612.81211.4
Adj Net
Profit
0.10.20.20.31.41.40.4-0.3-0.4-0.4-1
Cash Flow from Ops. 0.30.60.1001.60.71.5-0.80.1-
Debt/CF from Ops. 0000000.10-0.624.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -40.5%-69.6%-84.2%NA
Adj EPS -219.6%-179.4%-203.1%NA
BVPS-3.6%-5.6%-5%-6.3%
Share Price 5.1% -2.2% 14% 63.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.91.92.93.416.2164.9-3.3-6.1-6.5-10.2
Op. Profit
Mgn %
-22.5-23-4.44.141.54211.8-133.90-4446.6NAN
Net Profit
Mgn %
814.414.614.736.235.515.9-63.70-3556.7-INF
Debt to
Equity
000000000.10.20
Working Cap
Days
3945174293412201757615604,6610
Cash Conv.
Cycle
108881041136169658302820

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -84.17%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - Rishabh Digha Steel & Allied Products Ltd.

Standalone Consolidated
TTM EPS (₹) -1.2 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 11.4 -
Reserves (₹ Cr.) 1 -
P/BV 2.81 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 15.26 / 53.34
All Time Low / High (₹) 2.80 / 132.85
Market Cap (₹ Cr.) 17.5
Equity (₹ Cr.) 5.5
Face Value (₹) 10
Industry PE 25.1

Management X-Ray of Rishabh Digha Steel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rishabh Digha Steel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1.071.131.661.923.833.942.520.4000.01
Operating Expenses 1.311.391.731.862.242.282.230.930.590.56
Manufacturing Costs0.260.370.650.650.800.910.770.250.070.07
Material Costs0000000000
Employee Cost 0.390.400.490.450.600.590.540.270.080.08
Other Costs 0.660.620.590.760.850.780.920.410.440.41
Operating Profit -0.24-0.26-0.070.061.591.650.30-0.53-0.59-0.55
Operating Profit Margin (%) -22.5%-23.0%-4.4%3.0%41.4%42.0%11.8%-133.0%--4,446.6%
Other Income 0.640.790.720.550.600.500.520.450.320.31
Interest 00.040.030.030.0100.030.010.030.05
Depreciation 0.280.210.190.180.180.180.170.180.150.16
Exceptional Items 0000000000
Profit Before Tax 0.120.280.440.4021.970.62-0.27-0.45-0.45
Tax 0.030.110.090.130.550.570.22-0.02-0.01-0.01
Profit After Tax 0.090.160.350.271.441.400.40-0.25-0.44-0.44
PAT Margin (%) 8.0%14.4%21.0%14.2%37.7%35.5%15.9%-63.7%--3,556.7%
Adjusted EPS (₹)0.20.30.60.52.62.60.7-0.5-0.8-0.8
Dividend Payout Ratio (%)644%336%157%302%76%78%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 9.198.458.148.328.788.717.697.477.046.60
Share Capital 5.495.495.495.495.495.495.495.495.495.49
Reserves 3.712.972.662.843.293.222.211.991.551.11
Minority Interest0000000000
Debt00000.1300.060.040.491.32
Long Term Debt00000.0300000
Short Term Debt00000.1000.060.040.491.32
Trade Payables000-0.0100.010.030.010.010.02
Others Liabilities 1.031.871.210.140.760.150.04-0.10-0.13-0.13
Total Liabilities 10.2310.339.368.469.688.867.837.437.417.81

Fixed Assets

Gross Block7.036.766.731.776.997.137.027.027.207.50
Accumulated Depreciation4.444.624.7805.035.225.285.465.615.76
Net Fixed Assets2.592.141.951.771.951.911.741.561.591.73
CWIP 0000000000
Investments 6.286.135.435.034.635.495.755.695.615.85
Inventories0000000000
Trade Receivables0.250.310.640.540.740.760.190.010.010.01
Cash Equivalents 0.100.100.030.010.140.640.100.080.060.05
Others Assets11.651.301.112.220.060.050.100.130.17
Total Assets 10.2310.339.368.469.688.867.837.437.417.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.300.580.12001.580.671.45-0.810.05
PBT 0.120.280.44001.970.62-0.23-0.45-0.45
Adjustment 0.280.210.19000.190.170.170.150.16
Changes in Working Capital -0.090.09-0.5100-0.58-0.121.52-0.510.35
Tax Paid 0000000000
Cash Flow From Investing Activity 0.290.060.73000.390.11-1.480.80-0.07
Capex 000.0300-0.1500-0.18-0.30
Net Investments 0.040.060.70000.540.11-1.480.990.23
Others 0.26000000000
Cash Flow From Financing Activity -0.64-0.64-0.4400-1.46-1.32000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid -0.55-0.55-0.5500-1.46-1.32000
Others -0.09-0.090.110000000
Net Cash Flow -0.05-0.010.41000.50-0.54-0.03-0.01-0.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.91.854.213.3116.8915.994.89-3.34-6.06-6.48
ROCE (%)1.243.595.555.2623.2322.387.82-3.4-5.67-5.19
Asset Turnover Ratio0.10.110.170.220.420.420.30.0500
PAT to CFO Conversion(x)3.333.630.34001.131.68N/AN/AN/A
Working Capital Days
Receivable Days10889105112617069920289
Inventory Days0000000000
Payable Days0000000000

Rishabh Digha Steel & Allied Products Ltd Stock News

Rishabh Digha Steel & Allied Products Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rishabh Digha Steel on 28-Mar-2024 16:01 is ₹31.88.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Rishabh Digha Steel stood at ₹17.49.
The latest P/E ratio of Rishabh Digha Steel as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Rishabh Digha Steel as of 28-Mar-2024 16:01 is 2.81.
The 52-week high of Rishabh Digha Steel is ₹53.34 and the 52-week low is ₹15.26.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rishabh Digha Steel is ₹0.00 ( Cr.) .

About Rishabh Digha Steel & Allied Products Ltd

Founded way back in the year 1991, Rishab Digha Steel & Allied products Limited is a name signifying quality, trust, value of your investment, economy, and in-time delivery/supply of the raw materials.

Fully modernized, well equipped with latest technology, & with zero debt; the company is situated with the location advantage close to the Nhava Sheva Port (one of the biggest Import-Export Port). To its acclaim, the company had been developing the sound base of its clientele database such as Lloyd Steels, Jindal Steels, Ispat Steel Ltd. & dealers of Tisco, Sail, etc.

They understand how precious raw material is to the organization. Faulty processing, not within acceptable tolerances, can play havoc with your profits, negating all efforts at minimizing costs, without your knowledge.

Rishab Digha Steel & Allied products is a name signifying quality, trust, value of one’s investment, economy, and in-time delivery/supply of the raw materials..

Since its inception, the public limited company is running profitably under the visionary leadership of the managing director of the company having experience of more than 30 years in steel & related services.

Products manufactured by the company include:

Hot Rolled, Cold Rolled, Galvanized Coils, Sheets, Strips and Sheet metal coils

Clientele

Has reputed clients like Lloyd Steels, Ispat Steel Ltd. & dealers of Tisco, Sail, etc.

Achievements/ recognition:

An ISO 9002 certified company

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