Riddhi Steel and Tube Limited
BSE: RSTL · Iron & Steel Products
Limited coverage
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Snapshot
Unlock Riddhi Steel and Tube Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Riddhi Steel and Tube Limited is an Ahmedabad-based manufacturer specialising in black and galvanised steel pipes and tubes. The company provides structural steel solutions for the infrastructure, agriculture, and construction sectors.
Business Model
The company generates revenue by manufacturing and distributing electric resistance welded steel pipes, hollow sections, and pre-galvanised tubes. It leverages a vertically integrated manufacturing facility in Gujarat to serve industrial fabricators and government projects.
- Installed Capacity:150,000 metric tonnes per annum
Growth Outlook
The company is positioned to benefit from the rising demand for structural steel driven by urban development projects across India. It aims to capitalise on its strong distribution network in western India to expand its market reach.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel and other raw materials can significantly impact profit margins.
- Cyclicality of Construction Sector. The company's performance is highly dependent on the health of the infrastructure and construction industries.
- Competitive Intensity. The steel pipe manufacturing market is highly fragmented, leading to intense price competition.
- Regulatory and Quality Compliance. Failure to adhere to evolving national quality standards could result in loss of government contracts and reputational damage.
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Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Riddhi Steel and Tube LimitedRSTL | ₹256 Cr | — | — | — | 6.0% | — | — | — |
Panchmahal SteelPANCHMAHQ | ₹580 Cr | 99.72 | 31.76 | — | 5.0% | 3.9% | 7.2% | +13.9% |
Modern MalleableMODMA | ₹569 Cr | 29.40 | 21.16 | 189.2% | 18.2% | 11.8% | 15.1% | — |
Azad India Mobility LimitedAZADIND | ₹509 Cr | — | — | — | 3.3% | -1.4% | -1.3% | -30.1% |
SurajSURAJLTD | ₹385 Cr | 46.44 | 19.13 | -15.2% | 12.0% | 6.1% | 12.6% | -32.1% |
Shah MetacorpSHAH | ₹369 Cr | 26.71 | 25.43 | 48.8% | 10.1% | 5.6% | 5.4% | +12.3% |
As of Mar 2026
Financials
Riddhi Steel and Tube Limited
BSE: RSTL · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Riddhi Steel and Tube Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Riddhi Steel and Tube Limited is an Ahmedabad-based manufacturer specialising in black and galvanised steel pipes and tubes. The company provides structural steel solutions for the infrastructure, agriculture, and construction sectors.
Business Model
The company generates revenue by manufacturing and distributing electric resistance welded steel pipes, hollow sections, and pre-galvanised tubes. It leverages a vertically integrated manufacturing facility in Gujarat to serve industrial fabricators and government projects.
- Installed Capacity:150,000 metric tonnes per annum
Growth Outlook
The company is positioned to benefit from the rising demand for structural steel driven by urban development projects across India. It aims to capitalise on its strong distribution network in western India to expand its market reach.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel and other raw materials can significantly impact profit margins.
- Cyclicality of Construction Sector. The company's performance is highly dependent on the health of the infrastructure and construction industries.
- Competitive Intensity. The steel pipe manufacturing market is highly fragmented, leading to intense price competition.
- Regulatory and Quality Compliance. Failure to adhere to evolving national quality standards could result in loss of government contracts and reputational damage.
Start your research today
Unlock AI insights, financials, peers and live data on Riddhi Steel and Tube Limited and 5,000+ companies — free.
Peers · Iron & Steel Products
As of Mar 2026