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HI-TECH PIPES vs RIDDHI STEEL & TUBE - Comparison Results

Rs 100 invested in...

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Current Valuations

    HI-TECH PIPES RIDDHI STEEL & TUBE HI-TECH PIPES/
RIDDHI STEEL & TUBE
 
P/E (TTM) x 43.3 - - View Chart
P/BV x 6.4 0.6 980.0% View Chart
Dividend Yield % 0.0 0.0 -  

Financials

 HI-TECH PIPES   RIDDHI STEEL & TUBE
EQUITY SHARE DATA
    HI-TECH PIPES
Mar-23
RIDDHI STEEL & TUBE
Mar-23
HI-TECH PIPES/
RIDDHI STEEL & TUBE
5-Yr Chart
Click to enlarge
High Rs99056 1,770.4%   
Low Rs6926 266.5%   
Sales per share (Unadj.) Rs186.7365.1 51.1%  
Earnings per share (Unadj.) Rs2.94.1 71.9%  
Cash flow per share (Unadj.) Rs4.07.9 50.7%  
Dividends per share (Unadj.) Rs0.030-  
Avg Dividend yield %00-  
Book value per share (Unadj.) Rs25.963.3 40.9%  
Shares outstanding (eoy) m127.818.29 1,541.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x2.80.1 2,528.8%   
Avg P/E ratio x179.610.0 1,799.2%  
P/CF ratio (eoy) x131.55.2 2,549.5%  
Price / Book Value ratio x20.40.6 3,157.9%  
Dividend payout %0.80-   
Avg Mkt Cap Rs m67,673339 19,933.8%   
No. of employees `000NANA-   
Total wages/salary Rs m26422 1,186.1%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m23,8583,027 788.3%  
Other income Rs m2324 93.1%   
Total revenues Rs m23,8813,051 782.7%   
Gross profit Rs m967172 563.3%  
Depreciation Rs m13832 433.1%   
Interest Rs m353116 304.1%   
Profit before tax Rs m49948 1,037.7%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m12214 867.9%   
Profit after tax Rs m37734 1,107.9%  
Gross profit margin %4.15.7 71.5%  
Effective tax rate %24.529.2 83.6%   
Net profit margin %1.61.1 140.5%  
BALANCE SHEET DATA
Current assets Rs m5,5741,574 354.1%   
Current liabilities Rs m3,840859 446.9%   
Net working cap to sales %7.323.6 30.8%  
Current ratio x1.51.8 79.2%  
Inventory Days Days60-  
Debtors Days Days284752 37.8%  
Net fixed assets Rs m3,642257 1,417.0%   
Share capital Rs m12883 154.2%   
"Free" reserves Rs m3,183442 720.8%   
Net worth Rs m3,311525 631.2%   
Long term debt Rs m940442 212.9%   
Total assets Rs m9,2161,831 503.3%  
Interest coverage x2.41.4 170.6%   
Debt to equity ratio x0.30.8 33.7%  
Sales to assets ratio x2.61.7 156.6%   
Return on assets %7.98.2 96.6%  
Return on equity %11.46.5 175.5%  
Return on capital %20.017.0 117.9%  
Exports to sales %0.20-   
Imports to sales %00-   
Exports (fob) Rs m39NA-   
Imports (cif) Rs m5NA-   
Fx inflow Rs m390-   
Fx outflow Rs m70-   
Net fx Rs m310-   
CASH FLOW
From Operations Rs m1,337172 778.5%  
From Investments Rs m-1,04210 -10,712.3%  
From Financial Activity Rs m-285-174 163.6%  
Net Cashflow Rs m107 138.5%  

Share Holding

Indian Promoters % 53.2 72.9 73.0%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 11.8 0.0 -  
FIIs % 0.4 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 46.8 27.2 172.4%  
Shareholders   45,888 127 36,132.3%  
Pledged promoter(s) holding % 2.9 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare HI-TECH PIPES With:   TATA STEEL    JSW STEEL    RATNAMANI METALS    VENUS PIPES & TUBES    JINDAL STAINLESS    


More on HI-TECH PIPES vs RIDDHI STEEL & TUBE

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

HI-TECH PIPES vs RIDDHI STEEL & TUBE Share Price Performance

Period HI-TECH PIPES RIDDHI STEEL & TUBE S&P BSE METAL
1-Day 3.78% 8.16% -0.85%
1-Month -7.63% 5.25% 7.20%
1-Year 75.59% 8.16% 52.68%
3-Year CAGR -28.91% 39.78% 20.59%
5-Year CAGR -12.75% 16.81% 22.10%

* Compound Annual Growth Rate

Here are more details on the HI-TECH PIPES share price and the RIDDHI STEEL & TUBE share price.

Moving on to shareholding structures...

The promoters of HI-TECH PIPES hold a 53.2% stake in the company. In case of RIDDHI STEEL & TUBE the stake stands at 72.9%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of HI-TECH PIPES and the shareholding pattern of RIDDHI STEEL & TUBE.

Finally, a word on dividends...

In the most recent financial year, HI-TECH PIPES paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.8%.

RIDDHI STEEL & TUBE paid Rs 0.0, and its dividend payout ratio stood at 0.0%.

You may visit here to review the dividend history of HI-TECH PIPES, and the dividend history of RIDDHI STEEL & TUBE.

For a sector overview, read our steel sector report.



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