About
Remi Edelstahl Tubulars Limited manufactures and sells stainless steel pipes and tubes in India. The company offers welded and seamless cold finish tubes; electric fusion welded pipes; TIG welded and seamless pipes and tubes; and welded condenser and feed water heater tubes for power plants. The company offers products for various industries, such as stainless steel pipes and tubes for diverse applications in industries such as oil and gas, petrochemicals, thermal and nuclear power, food processing, pharmaceuticals, defence, water treatment, data processing, and processed food storage. It also exports its products. The company was formerly known as Rajendra Mechanical Industries Ltd. and changed its name to Remi Edelstahl Tubulars Limited in November 2009. Remi Edelstahl Tubulars Limited was incorporated in 1970 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap315 Cr
P/E106.00
Div Yield0.00 %
Book Value₹55.10
52w High₹255.00
52w Low₹118.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35.19 | 47.44 | 34.12 | 33.45 | 26.62 | 40.72 | 42.91 | 31.95 | 22.97 | 40.33 | 28.35 | 27.26 | 21.19 |
| Expenses | 33.33 | 44.45 | 32.49 | 30.98 | 25.90 | 38.97 | 40.50 | 29.53 | 21.66 | 37.50 | 27.13 | 25.33 | 21.33 |
| Operating Profit | 1.86 | 2.99 | 1.63 | 2.47 | 0.72 | 1.75 | 2.41 | 2.42 | 1.31 | 2.83 | 1.22 | 1.93 | -0.14 |
| OPM % | 5.29 | 6.30 | 4.78 | 7.38 | 2.70 | 4.30 | 5.62 | 7.57 | 5.70 | 7.02 | 4.30 | 7.08 | -0.66 |
| Other Income | 0.18 | 0.43 | 0.00 | 0.14 | 0.73 | 0.11 | 0.22 | 0.12 | 0.06 | 0.81 | 0.14 | 0.06 | 0.20 |
| Depreciation | 0.81 | 0.83 | 0.83 | 0.87 | 0.83 | 0.94 | 0.90 | 0.84 | 0.84 | 0.93 | 0.87 | 0.87 | 0.87 |
| Interest | 0.62 | 1.01 | 0.34 | 0.34 | 0.34 | 0.39 | 0.40 | 0.29 | 0.28 | 0.59 | 0.40 | 0.32 | 0.35 |
| Profit before tax | 0.61 | 1.58 | 0.46 | 1.40 | 0.28 | 0.53 | 1.33 | 1.41 | 0.25 | 2.12 | 0.09 | 0.80 | -1.16 |
| Tax % | 27.87 | 30.38 | 15.22 | 26.43 | 25.00 | 22.64 | 37.59 | 10.64 | 24.00 | 25.94 | 22.22 | 27.50 | -28.45 |
| Net Profit | 0.45 | 1.11 | 0.39 | 1.03 | 0.21 | 0.42 | 0.83 | 1.26 | 0.20 | 1.57 | 0.06 | 0.58 | -0.83 |
| EPS in Rs | 0.36 | 0.88 | 0.33 | 0.94 | 0.19 | 0.38 | 0.76 | 1.15 | 0.18 | 1.43 | 0.05 | 0.53 | -0.76 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142.00 | 139.00 | 117.00 | 135.00 | 106.00 | 82.00 | 105.00 | 125.00 | 59.00 | 64.00 | 98.00 | 168.00 |
| Expenses | 133.00 | 130.00 | 111.00 | 129.00 | 99.00 | 77.00 | 98.00 | 117.00 | 56.00 | 67.00 | 99.00 | 157.00 |
| Operating Profit | 8.00 | 8.00 | 6.00 | 5.00 | 6.00 | 5.00 | 7.00 | 8.00 | 3.00 | -2.00 | -1.00 | 10.00 |
| OPM % | 6.00 | 6.00 | 5.00 | 4.00 | 6.00 | 6.00 | 7.00 | 6.00 | 5.00 | -3.40 | -0.70 | 6.00 |
| Other Income | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 4.00 | 2.00 |
| Interest | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 3.00 | 4.00 | 3.00 | 3.00 | 7.00 | 10.00 |
| Depreciation | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Profit before tax | 4.00 | 4.00 | 2.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | -3.00 | -8.00 | -9.00 | -2.00 |
| Tax % | 26.00 | 24.00 | 25.00 | 44.00 | 70.00 | 12.00 | 42.00 | 75.00 | -35.00 | -45.00 | -32.00 | -30.00 |
| Net Profit | 3.00 | 3.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | -2.00 | -4.00 | -6.00 | -2.00 |
| EPS in Rs | 2.17 | 2.43 | 1.27 | 0.14 | 0.58 | 0.20 | 0.14 | 0.11 | -1.77 | -3.96 | -6.10 | -1.70 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 10.00 |
| Reserves | 57.00 | 35.00 | 32.00 | 31.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 32.00 | 31.00 | 37.00 |
| Borrowings | 53.00 | 15.00 | 30.00 | 24.00 | 31.00 | 36.00 | 29.00 | 44.00 | 51.00 | 34.00 | 48.00 | 69.00 |
| Other Liabilities | 16.00 | 16.00 | 11.00 | 17.00 | 19.00 | 11.00 | 18.00 | 23.00 | 12.00 | 16.00 | 21.00 | 29.00 |
| Total Liabilities | 138.00 | 77.00 | 85.00 | 83.00 | 92.00 | 89.00 | 88.00 | 108.00 | 104.00 | 93.00 | 110.00 | 146.00 |
| Fixed Assets | 29.00 | 25.00 | 22.00 | 24.00 | 28.00 | 31.00 | 34.00 | 36.00 | 41.00 | 44.00 | 48.00 | 52.00 |
| CWIP | 28.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Other Assets | 80.00 | 52.00 | 63.00 | 59.00 | 64.00 | 58.00 | 54.00 | 71.00 | 63.00 | 48.00 | 62.00 | 93.00 |
| Total Assets | 138.00 | 77.00 | 85.00 | 83.00 | 92.00 | 89.00 | 88.00 | 108.00 | 104.00 | 93.00 | 110.00 | 146.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -22.00 | 23.00 | -5.00 | 8.00 | 5.00 | -5.00 | 19.00 | 7.00 | -14.00 | 6.00 | 17.00 | -8.00 |
| Cash from Investing Activity | -34.00 | -6.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 1.00 | 1.00 | 2.00 | -2.00 |
| Cash from Financing Activity | 56.00 | -17.00 | 4.00 | -11.00 | -1.00 | 5.00 | -17.00 | -6.00 | 18.00 | -7.00 | -19.00 | 11.00 |
| Net Cash Flow | 0.00 | 0.00 | -1.00 | -3.00 | 4.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -57.00 | 16.00 | -6.00 | 8.00 | 5.00 | -5.00 | 17.00 | 6.00 | -15.00 | 4.00 | 17.00 | -11.00 |
| CFO/OP % | -259.00 | 281.00 | -85.00 | 155.00 | 98.00 | -90.00 | 252.00 | 90.00 | -446.00 | -225.00 | -2,631.00 | -79.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 61.00 | 44.00 | 90.00 | 62.00 | 73.00 | 113.00 | 52.00 | 63.00 | 128.00 | 67.00 | 62.00 | 42.00 |
| Inventory Days | 169.00 | 103.00 | 128.00 | 110.00 | 169.00 | 143.00 | 134.00 | 132.00 | 298.00 | 222.00 | 184.00 | 176.00 |
| Days Payable | 21.00 | 26.00 | 10.00 | 34.00 | 52.00 | 28.00 | 31.00 | 47.00 | 45.00 | 43.00 | 42.00 | 42.00 |
| Cash Conversion Cycle | 209.00 | 120.00 | 209.00 | 138.00 | 190.00 | 228.00 | 156.00 | 147.00 | 381.00 | 247.00 | 204.00 | 176.00 |
| Working Capital Days | 83.00 | 80.00 | 101.00 | 75.00 | 106.00 | 128.00 | 91.00 | 86.00 | 154.00 | 86.00 | 83.00 | 49.00 |
| ROCE % | 6.00 | 8.00 | 6.00 | 4.00 | 5.00 | 2.00 | 4.00 | 4.00 | -1.00 | -8.00 | -3.00 | 6.00 |
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 03 Nov 2008 | 04 Nov 2008 | 1:1 | — | |
| Dividend | 24 Sep 2008 | — | — | 1.50 | |
| Dividend | 10 Sep 2004 | — | — | 0.70 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 Jan from care
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Rating update2 Sep 2025 from crisil
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Rating update6 Jun 2025 from crisil
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Rating update26 May 2025 from crisil
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Rating update6 Mar 2025 from care
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Rating update11 Mar 2024 from crisil