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Rathi Bars Ltd Stock Analysis

Small Cap
Evaluated by 116 users | BSE: 532918 | NSE: |
Steel & Iron Products
Rathi Bars, incorporated in 1993, is promoted by Shree Kamlesh Kumar Rathi. The company started with a re-rolling mill that had a production capacity of 369 kilogram per day. Today company is produces high strength steel bars for the secondary steel sector of India. It is exclusive licensee...
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10YEAR X-RAY

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 6.76%5.08%4.59%4.61%2.33%3.18%2.21%2.95%3%4.48%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 191282281272237209186247410383
Y-o-Y Gr. Rt.-47.5%-0.4%-3.4%-12.9%-11.5%-11.3%32.9%66%-6.5%
Adjusted EPS (Rs.) 2.671.721.341.11-0.070.910.50.861.171.67
Y-o-Y Gr. Rt.--35.6%-22.1%-17.2%-106.3%NA-45.1%72%36.1%42.7%
Book Value per Share (Rs.) 40.5542.3643.6745.1745.2846.1946.7947.6448.8950.44
Adjusted Net Profit 4.42.82.21.8-0.11.50.81.41.92.7
Net Op. Cash Flow (Rs. Cr.) 3.6-8.16.613.95.714.7-2.69.6-0.92.2
Debt to Cash Flow from Ops 6.82-3.435.322.455.41.58-5.671.28-32.5518.62
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Rathi Bars Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 8%10.1%27.3%-6.5%
Adjusted EPS -5.1%NA49.5%42.7%
Book Value per Share 2.52.22.53.2
Share Price 13.7% 21.2% -12.8% 93.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 6.834.143.112.49-0.1621.071.812.423.35
Operating Profit Margin (%) 4.342.453.052.984.23.473.623.042.073.08
Net Profit Margin (%) 2.280.990.780.66-0.050.710.440.570.470.71
Debt to Equity 0.370.40.490.460.420.310.190.160.360.5
Working Capital Days 1048291941111261361076881
Cash Conversion Cycle 52475558687676604253
shareholding patterns

Shareholding Pattern

Entity Percentage Holding
Promoters 64.01%
Non-Institutions 35.99%
shareholding patterns

Promoter's Holding & Share Pledging

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

FAQs

1. Is Rathi Bars Ltd a good quality company?
Data is not available for this company.
2. Is current market price of Rathi Bars Ltd a good price to buy it?

The 5-year analysis of Rathi Bars Ltd's performance infers:

Rathi Bars Ltd earnings have grown by 0%, whereas share price has appreciated 21.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Rathi Bars Ltd share price return in the past 10 years ?

We analysed the performance of Rathi Bars Ltd share prices over the last 10 years. Here is what we found out:

Rathi Bars Ltd share price has appreciated 7.5% annually over the past ten years.

shareholding patterns

About Company

Rathi Bars, incorporated in 1993, is promoted by Shree Kamlesh Kumar Rathi. The company started with a re-rolling mill that had a production capacity of 369 kilogram per day. Today company is produces high strength steel bars for the secondary steel sector of India.

It is exclusive licensee for Thermex steel bars for entire northern India. The state-of-the-art patented Thermex water quenching process makes the steel earthquake-resistant.

The products manufactured by company have

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Rathi Bars, incorporated in 1993, is promoted by Shree Kamlesh Kumar Rathi. The company started with a re-rolling mill that had a production capacity of 369 kilogram per day. Today company is produces high strength steel bars for the secondary steel sector of India.

It is exclusive licensee for Thermex steel bars for entire northern India. The state-of-the-art patented Thermex water quenching process makes the steel earthquake-resistant.

The products manufactured by company have been used in landmarks projects like the Chhattarpur Mandir Complex in New Delhi, Lotus Temple in New Delhi, LIC Building in New Delhi, Delhi Metro Rail Corporation in New Delhi, Atomic Power Station, Narora Uttar Pradesh, Tehri Dam, Garhwal and many more.

Rathi markets its product under the brand name ‘Rathi Shaktiman’. The company operates two state-of-the-art manufacturing plants in north India. The plant consists of steel rolling mills having an installed capacity of 1,25,000 TPA, wire rod mill and steel melting shop with 40,000 TPA comprising of induction furnace, continuous casting machine and other facilities for manufacturing high end value- added alloy steel products.

Rathi Bars has network of 900 dealers across India. Its products and manufacturing process have received global quality certifications such as IS1786/1985, Grade Fe-415, Fe-500, ISO 14000 and ISO 9001.

Milestone

  • 10.08.1993 - Rathi Bars got incorporated under the Companies Act, 1956.
  • 18.03.1994 - The company was certified for commencement of business.
  • 27.07.1996 - Rathi Bars commenced commercial production.
  • 02.03.1998 - The company entered into an agreement with Rathi Research Centre for the use of the registered ‘RathiI’ trademark.
  • 08.06.1998 - Rathi Bars received the licence of (Bureau of Indian Standards) BIS 1786:1985 Certification to use ISI Mark.
  • 28.06.2000 - The company entered into an agreement with H&K Rolling Mill Engineers Private Limited for use patented ‘Thermex’ Technology by Henningsdorfer Stahl Engineering GmbH, Germany for production of the goods.
  • 21.09.2002 - Rathi Bars was awarded the certificate from H&K Rolling Mill Engineers Private Limited for use of ‘Thermex’ Technology for production of the goods.
  • 25.02.2003 - The company again entered into an agreement with H&K Rolling Mill Engineers Private Limited to use Thermex trademark.
  • 20.09.2004 - The company was honoured with certificate of recognition of organization’s quality system which complies with ISO 9001:2000 awarded by United Registrar of Systems Limited.
  • 29.03.2005 - Rathi Bars received the certificate of importer – exporter code (IEC No. 0504089846).
  • 01.10.2005 - The company entered into an agreement with Torsteel Research Foundation to use the trademark  TOR registered in India under No. 148618.
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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