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Remi Edelstahl Tubulars Ltd (513043)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513043 NSE: Steel & Iron Products | Small Cap | Remi Edelstahl Tub. Share Price

₹177.75 -0.05 (-0.03%)

As on 03-Jul'26 16:59

Remi Edelstahl Tubulars Ltd (513043)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513043 NSE: Steel & Iron Products | Small Cap | Remi Edelstahl Tub. Share Price

₹177.75 -0.05 (-0.03%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹224 Cr.
Current Price
₹177.8
52-Week Low / High
₹87 / 209
TTM EPS
₹2.2
TTM Sales
₹142 Cr.
Book Value per Share
₹55.1
P/E Ratio
81.74
Higher than its 5-year historical median
Industry PE
24.4
Price to Book (P/B)
3.23
Higher than its 5-year historical median
Price to Sales (P/S)
1.58
Higher than its 5-year historical median
EV/EBITDA
30.21
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.97%
Underperforms industry median
Return on Capital Employed (ROCE)
7.70%
Underperforms industry median
Return on Assets (ROA)
3.31%
Operating Profit Margin
5.9%
Net Profit Margin
1.93%
Gross Profit Margin
5.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
18.3%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
31.72%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
92.09%
Asset Quality
Promoter Holding
68.85%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹57 Cr.
Equity
₹12.6 Cr.
Face Value
₹10
All Time Low / High
₹0.55 / 209.00

Remi Edelstahl Tubulars stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Remi Edelstahl Tubulars Ltd a good quality company?
Remi Edelstahl Tubulars Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Remi Edelstahl Tubulars Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Remi Edelstahl Tubulars Ltd vs industry peers?
Remi Edelstahl Tubulars Ltd revenue CAGR is 5.67%, compared to the industry median CAGR of 7.56%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Remi Edelstahl Tubulars Ltd?
Promoters hold 68.85% of the Remi Edelstahl Tubulars Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Remi Edelstahl Tubulars Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Remi Edelstahl Tubulars Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -1.6%-4.6%0.1%5.4%5.2%2.9%5.3%3.7%5.5%7.7%-
Value Creation
Index
-1.1-1.3-1.0-0.6-0.6-0.8-0.6-0.7-0.6-0.5-

Growth Parameters

Sales 10166.259.612510582.2106135117139142
Sales YoY Gr.--34.4%-10%109.1%-15.6%-21.8%28.4%27.7%-13.1%18.3%-
Adj EPS -7.3-5.1-2.2-0.20.20.30.60.10.82.32.2
YoY Gr.-NANANANA57.9%93.3%-81%654.6%177.1%-
BVPS (₹) 41.439.237.437.637.637.938.338.539.641.955.1
Adj Net
Profit
-7.3-5.5-2.4-0.20.20.30.60.10.92.53
Cash Flow from Ops. 17.15.6-147.118.6-4.65.28.3-5.324.2-
Debt/CF from Ops. 2.86-3.66.21.5-7.962.9-5.70.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.6%5.7%9.5%18.3%
Adj EPS NA64.7%58.3%177.1%
BVPS0.1%2.2%3%5.8%
Share Price 23.5% 49.3% 61% 89.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-16.4-13.1-5.6-0.40.50.81.50.32.15.64.5
Op. Profit
Mgn %
-0.8-3.25.46.37.16.45.945.35.95.5
Net Profit
Mgn %
-7.2-8.4-4-0.10.20.40.60.10.81.81.9
Debt to
Equity
1.20.81.21.10.70.90.70.60.70.30.3
Working Cap
Days
25727233118519423019915718514781
Cash Conv.
Cycle
18721224913213717815412015512136

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales101666012510582106135117139
Operating Expenses + 1026856117987799129111130
Manufacturing Costs1281015101013141517
Material Costs755037927758741038196
Employee Cost 866777881111
Other Costs 7534434446
Operating Profit -1-238756568
Operating Profit Margin (%) -0.8%-3.4%5.3%6.3%7.0%6.2%5.9%4.0%5.3%5.9%
Other Income + 4322112111
Exceptional Items 0000000000
Interest 7434422222
Depreciation 5555544444
Profit Before Tax -9-8-30002024
Tax -3-3-10001001
Profit After Tax -6-4-20001013
PAT Margin (%) -6.0%-6.6%-3.3%0.1%0.1%0.3%0.6%0.1%1.2%1.9%
Adjusted EPS (₹)-6.1-4.0-1.80.10.10.20.60.11.32.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Remi Edelstahl Tub. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 41434141414242424346
Share Capital 10111111111111111111
Reserves 31323030303131313235
Debt +47335043283531243015
Long Term Debt2616282822221811109
Short Term Debt211722156131313206
Minority Interest0000000000
Trade Payables9651264111027
Others Liabilities 13117111288899
Total Liabilities 11093103108888992838577

Fixed Assets

Net Fixed Assets +48444136343128242225
Gross Block84858686899090919096
Accumulated Depreciation36414650555963666871
CWIP 0001000000
Investments 1000000000
Inventories38303134282335312928
Trade Receivables17122121152521232917
Cash Equivalents 2116615212
Others Assets 55109483346
Total Assets 11093103108888992838577

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 176-14719-558-524
PBT -9-8-30002024
Adjustment 8567755644
Changes in Working Capital 2410-15312-10-12-1116
Tax Paid -01000-0-1-000
Cash Flow From Investing Activity + 211-0-1-0-0-00-6
Capex -1-2-1-1-2-1-1-1-1-7
Net Investments 2210000000
Others 1111110010
Cash Flow From Financing Activity + -19-718-6-175-1-114-18
Net Proceeds from Shares 01050000000
Net Proceeds from Borrowing 4-158000-4-8-0-1
Interest Paid 0000-3-1-2-2-2-1
Dividend Paid 0000000000
Others -23-25-7-1564-26-15
Net Cash Flow 0-040004-3-10

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-13.72-10.38-4.610.280.350.521.540.353.245.97
ROCE (%)-1.6-4.610.125.355.212.925.343.695.537.7
Asset Turnover Ratio0.840.710.621.181.070.931.171.541.391.72
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A5N/A-58
Working Capital Days
Receivable Days60.407298.6061.7063.3089.8080.5059.7080.9060
Inventory Days169.90173.70186.2095.60108.20113.9099.7089.6093.4074
Payable Days56.6053.3051.3033.6044.4034.6037.503626.4017.40

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Remi Edelstahl Tubulars Ltd FAQs

The current trading price of Remi Edelstahl Tub. on 03-Jul-2026 16:59 is ₹177.8.

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 02-Jul-2026 the market cap of Remi Edelstahl Tub. stood at ₹224.2 Cr

The latest P/E ratio of Remi Edelstahl Tub. as of 02-Jul-2026 is 81.74.

The latest P/B ratio of Remi Edelstahl Tub. as of 02-Jul-2026 is 3.23.

The 52-week high of Remi Edelstahl Tub. is ₹209.0 and the 52-week low is ₹87.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Remi Edelstahl Tub. is ₹142 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Remi Edelstahl Tubulars Ltd is a below average quality company.

The key valuation ratios of Remi Edelstahl Tubulars Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Remi Edelstahl Tubulars Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Remi Edelstahl Tubulars Ltd

Rajendra Mechanical Industries Ltd. (RMIL), a Remi Group company started operation in 1970 under co-operation agreement with Kobe Steel - Japan. It is the largest manufacturer of stainless steel welded and seamless pipes/ tubes and the only organization in India in this field to have ISO-9002 certification. Remi's manufacturing plant is equipped with the latest equipment, technology and expertise to deliver quality products to our customers. Remi products have been used extensively in critical process industries such as refineries, petrochemicals, paper and pulp, fertilizers, pharmaceuticals, nuclear plants, etc.

The company’s products have been working satisfactorily for years in the world of refineries, petrochemicals, fertilizers, pharmaceuticals, paper & pulp industries, critical applications of nuclear plants. Repeat orders from most of the clients is a testimony to the confidence generated with our valued customers. Meeting customer requirement and customer satisfaction is the main goal for 'Remi'. Inspection department is obviously no exception to this.

The manufacturing facility of the company is spread over 14 acres of land with cover area of .25 million square feet at, Tarapur, an industrial township in Maharashtra   (160 km from Mumbai). Equipped with modern production facilities and with latest generation testing equipments and Laboratory.

Product range of the company includes:

  • Welded Tubes
  • Welded Pipes
  • Seamless Pipes
  • Cold Drawn Seamless Tubes

Milestones

  • 1970: Ventured into manufacturing of Welded Stainless steel pipes in technical collaboration with Kobe Steel of Japan.
  • 1975: Established Remi International (Registered export house) for export of products manufactured by group companies.
  • 1980: Established Remi Sales & Engineering Ltd., Marketing hub for all the products under Remi Group     
  • 1982: Ventured into manufacturing of industrial mixers, agitators, oil drilling  equipments.
  • 1983-85: Introduced blood banking instruments.
  • 1989: Fans & domestic mixer manufacturing plant setup at Mahad.
  • 1992: Tarapur stainless steel pipe plant put up with an area of 50,000 sq. mtrs.
  • 1993-94: Remi Metal Gujarat Ltd. plant set up (450,000 sq. mtrs.) at Ankleshwar, Gujarat.
  • 1994-95: Fan manufacturing plant at Mahad capacity increased threefold.
  • 1995: Rajendra Mechanical Industries Ltd, Tarapur awarded ISO 9001.
  • 1997: Remi Process Plant & Machineries Ltd. awarded ISO 9001.
  • 1998: Rajendra Electrical Industries Ltd. awarded ISO 9001.
  • 2002 Ventured in wind mill buisness & have installed 0.75 MW of wind mill in Dhuia District for its captive use
  • 2003: Popular models of centrifuges, shakers & mixers available with CE Mark.
  • 2003: Remi International (Export Division) awarded ISO 9001
  • 2004: Remi Instruments Ltd. awarded ISO 9001
  • 2004: Three phase induction motors available with CE mark.
  • 2005: OE manufacturer & supplier to foreign brands for laboratory instruments.
  • 2006: Laboratory instruments & electric motors manufacturing units shifting to new facility.
  • 2006: complete Stainless Steel/Titanium condenser Tube Manufacturing Line added in Tarapur Plant.
  • 2006: Install additional 3.150 MW of wind mill in Dhulia District Maharashtra for sale to electric board

Achievements/ recognition:

  • ISO 9001-2000 company with complete range of products.
  • I B R Approval.
  • AD 2000-Merkblatt WO / TRD 100 Directive 97/23/EC from TUV.
  • PED Approval for Export to Europe for high Pressure Application.
  • EIL Approval for ASTM A-358 Class-I Pipes.
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