About
Rhetan TMT Limited engages in the manufacture and sale of thermo-mechanically treated (TMT) bars in India. The company offers TMT bars are used in building homes, multi-storeyed, bridges, flyovers, and other civil engineering structures, as well as construction industry; and round bars for use in engineering component, forging industry, foundation bolts, and shafting products. Rhetan TMT Limited was incorporated in 1984 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap2,026 Cr
P/E160.00
Div Yield0.00 %
Book Value₹1.36
52w High₹34.90
52w Low₹18.90
Face Value₹1.00
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 | 4.06 | 8.49 | 6.15 | 4.76 | 5.04 | 6.49 | 6.38 | 4.95 | 19.35 | 17.89 | 12.11 | 10.47 | 24.30 |
| Expenses | 4.72 | 5.95 | 3.76 | 3.66 | 4.43 | 9.51 | 4.15 | 1.82 | 17.70 | 16.57 | 10.29 | 9.42 | 22.78 |
| Operating Profit | -0.66 | 2.54 | 2.39 | 1.10 | 0.61 | -3.02 | 2.23 | 3.13 | 1.65 | 1.32 | 1.82 | 1.05 | 1.52 |
| OPM % | -16.26 | 29.92 | 38.86 | 23.11 | 12.10 | -46.53 | 34.95 | 63.23 | 8.53 | 7.38 | 15.03 | 10.03 | 6.26 |
| Other Income | 4.45 | 2.22 | 3.17 | 2.45 | 0.68 | 3.42 | 0.01 | 0.00 | 0.00 | 0.44 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.15 | 0.14 | 0.14 | 0.14 | 0.14 | -0.15 | 0.26 | 0.24 | 0.25 | 0.18 | 0.22 | 0.01 | 0.21 |
| Interest | 0.33 | 0.32 | 0.34 | 0.38 | 0.39 | 0.37 | 0.40 | 0.40 | 0.39 | 0.38 | 0.43 | 0.36 | 0.36 |
| Profit before tax | 3.31 | 4.30 | 5.08 | 3.03 | 0.76 | 0.18 | 1.58 | 2.49 | 1.01 | 1.20 | 1.17 | 0.68 | 0.95 |
| Tax % | 4.53 | 48.37 | 12.60 | 5.28 | 0.00 | -166.67 | 12.03 | 8.84 | 19.80 | 20.00 | 11.97 | 0.00 | 20.00 |
| Net Profit | 3.16 | 2.22 | 4.45 | 2.87 | 0.76 | 0.48 | 1.39 | 2.27 | 0.81 | 0.96 | 1.03 | 0.68 | 0.76 |
| EPS in Rs | 0.04 | 0.03 | 0.06 | 0.04 | 0.01 | 0.01 | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.00 | 37.00 | 65.00 | 86.00 | 67.00 | 52.00 | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 18.00 | 33.00 | 58.00 | 78.00 | 62.00 | 50.00 | 19.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 |
| Operating Profit | 7.00 | 4.00 | 7.00 | 8.00 | 5.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | -2.00 | 0.00 |
| OPM % | 27.00 | 11.00 | 11.00 | 10.00 | 7.00 | 3.00 | 2.90 | — | — | — | — | — |
| Other Income | 9.00 | 2.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 13.00 | 3.00 | 5.00 | 7.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.00 | 0.00 |
| Tax % | 22.00 | 9.00 | 26.00 | 24.00 | 18.00 | 28.00 | 627.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 10.00 | 3.00 | 4.00 | 5.00 | 2.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | -2.00 | 0.00 |
| EPS in Rs | 0.13 | 0.04 | 0.05 | 0.07 | 0.05 | 0.03 | -0.39 | — | — | — | — | — |
| Dividend Payout % | 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 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 80.00 | 80.00 | 80.00 | 80.00 | 13.00 | 11.00 | 4.00 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Reserves | 29.00 | 14.00 | 9.00 | 5.00 | 10.00 | -3.00 | -3.00 | 0.00 | 1.00 | 1.00 | 1.00 | 3.00 |
| Borrowings | 42.00 | 23.00 | 17.00 | 18.00 | 26.00 | 25.00 | 24.00 | 7.00 | 9.00 | 11.00 | 11.00 | 4.00 |
| Other Liabilities | 15.00 | 7.00 | 8.00 | 9.00 | 9.00 | 6.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 165.00 | 124.00 | 114.00 | 112.00 | 59.00 | 40.00 | 30.00 | 7.00 | 10.00 | 11.00 | 11.00 | 8.00 |
| Fixed Assets | 16.00 | 16.00 | 17.00 | 9.00 | 8.00 | 9.00 | 9.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| CWIP | 6.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Other Assets | 136.00 | 103.00 | 96.00 | 103.00 | 50.00 | 30.00 | 20.00 | 2.00 | 5.00 | 6.00 | 7.00 | 4.00 |
| Total Assets | 165.00 | 124.00 | 114.00 | 112.00 | 59.00 | 40.00 | 30.00 | 7.00 | 10.00 | 11.00 | 11.00 | 8.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.00 | 5.00 | 14.00 | -44.00 | -14.00 | -7.00 | -12.00 |
| Cash from Investing Activity | -9.00 | -4.00 | -9.00 | -1.00 | 0.00 | 0.00 | -2.00 |
| Cash from Financing Activity | 7.00 | -2.00 | -4.00 | 45.00 | 14.00 | 7.00 | 14.00 |
| Net Cash Flow | 0.00 | -1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -3.00 | 3.00 | 5.00 | -45.00 | -15.00 | -7.00 | -14.00 |
| CFO/OP % | 67.00 | 139.00 | 214.00 | -520.00 | -303.00 | -442.00 | -2,055.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 224.00 | 130.00 | 115.00 | 120.00 | 98.00 | 134.00 | — | — | — | — |
| Inventory Days | 1,432.00 | 488.00 | 241.00 | 161.00 | 152.00 | 98.00 | 197.00 | — | — | — | — |
| Days Payable | 180.00 | 57.00 | 30.00 | 28.00 | 31.00 | 38.00 | 109.00 | — | — | — | — |
| Cash Conversion Cycle | 1,617.00 | 656.00 | 341.00 | 248.00 | 241.00 | 158.00 | 222.00 | — | — | — | — |
| Working Capital Days | 1,409.00 | 718.00 | 379.00 | 334.00 | 150.00 | 78.00 | 80.00 | — | — | — | — |
| ROCE % | 11.00 | 4.00 | 6.00 | 11.00 | 10.00 | 4.00 | — | 0.00 | 0.00 | -1.00 | -26.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 10 Mar 2023 | 10 Mar 2023 | 10:1 | — | |
| Bonus | 10 Mar 2023 | 10 Mar 2023 | 11:4 | — |