Riddhi Steel & Tube quarterly results and financials

Riddhi Steel & Tube (BSE 540082)₹261.30−5.00%(6 Nov 2026 close)Iron & Steel Products

Key facts

In the Mar 2026 quarter (standalone), Riddhi Steel & Tube reported sales of ₹211 Cr, down 11.0% from Mar 2025, and net profit of ₹4.98 Cr, up 24.8% year on year. For the year to Mar 2026, sales were ₹457 Cr and net profit ₹10.95 Cr.

Sales (Mar 2026): ₹211 Cr
Net profit (Mar 2026): ₹4.98 Cr
Sales (FY Mar 2026): ₹457 Cr
Net profit (FY Mar 2026): ₹10.95 Cr
EPS (Mar 2026): ₹4.31
Borrowings (Mar 2026): ₹137 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Riddhi Steel & Tube quarterly results

₹ crore unless stated; each column is a quarter.

Riddhi Steel & Tube Quarterly results
	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Sales	142	154	173	155	237	246	211
Expenses	134	144	165	145	226	232	199
Operating Profit	8.01	10.02	9.01	10.01	12.02	16.02	13.01
OPM %	6.0%	6.0%	5.0%	6.0%	5.0%	7.0%	6.0%
Other Income	2.01	1.01	2.01	2.01	1.01	2.01	2.01
Interest	6.01	6.01	5.01	6.01	6.01	7.01	7.01
Depreciation	1.01	2.01	2.01	1.01	2.01	2.01	1.01
Profit before tax	3.01	2.01	4.01	5.02	6.01	9.02	6.02
Tax %	28.9%	0.0%	43.0%	26.0%	26.0%	34.9%	15.9%
Net Profit	1.99	1.99	1.99	2.99	3.99	5.98	4.98
EPS (Rs)	1.48	1.97	1.88	2.71	3.39	4.89	4.31

Riddhi Steel & Tube profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Riddhi Steel & Tube Profit and loss
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	232	230	234	268	375	290	326	301	302	327	390	457
Expenses	219	214	219	253	358	274	313	287	286	310	370	430
Operating Profit	16.03	16.01	16.02	16.01	19.03	17.02	15.02	17.02	17.03	19.03	22.04	29.02
OPM %	6.9%	7.0%	6.9%	6.0%	5.0%	6.0%	4.6%	6.0%	6.0%	6.0%	6.0%	6.0%
Other Income	0.00	2.01	2.01	1.01	2.01	1.01	2.01	3.01	2.01	3.01	3.01	3.01
Interest	9.01	11.01	10.02	9.01	12.01	11.01	11.01	12.01	12.01	12.02	12.01	14.02
Depreciation	3.01	3.01	3.01	3.01	4.01	4.01	4.01	4.01	3.01	3.01	3.01	3.01
Profit before tax	4.01	4.01	4.01	5.01	6.02	4.01	2.01	4.01	5.01	7.02	10.02	16.05
Tax %	32.9%	33.9%	35.0%	34.9%	14.0%	13.9%	39.9%	35.9%	28.9%	27.0%	26.0%	27.9%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	2.99	2.99	2.99	2.99	4.98	2.99	0.99	1.99	2.99	4.98	7.97	10.95
EPS (Rs)	2.83	2.98	2.15	2.52	4.01	2.46	1.05	1.99	2.73	3.86	6.11	9.20
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Riddhi Steel & Tube balance sheet

₹ crore, at each year end.

Riddhi Steel & Tube Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6.02	6.02	8.03	8.03	8.03	8.03	8.02	8.03	8.03	8.02	8.02	12.03
Reserves	14.06	17.07	26.10	29.12	34.15	37.15	38.15	41.17	44.19	49.20	54.22	61.22
Borrowings	75.29	81.23	78.19	83.31	104	99.36	107	126	120	132	130	137
Other Liabilities	7.03	9.04	12.06	14.07	10.05	9.04	16.08	15.07	11.05	7.04	9.05	6.04
Total Liabilities	102	112	124	135	156	154	170	191	184	198	202	218
Fixed Assets	19.06	22.05	23.08	26.08	27.09	29.06	30.08	28.09	26.07	24.05	22.05	21.07
CWIP	4.99	3.99	2.99	2.99	2.99	2.99	0.00	0.00	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	0.00	0.00
Other Assets	78.35	87.32	98.31	104	126	122	139	164	158	174	180	197
Inventories	22.06	30.05	29.05	35.08	44.13	30.09	54.12	62.11	62.16	84.20	91.16	124
Trade receivables	34.04	44.01	46.05	55.05	65.05	58.01	49.02	49.05	62.02	54.09	53.07	47.04
Cash & equivalents	3.01	0.00	1.01	0.00	1.01	8.02	2.01	2.01	3.01	12.03	8.02	9.02
Total Assets	102	112	124	135	156	154	170	191	184	198	202	218

Riddhi Steel & Tube cash flow

₹ crore, for each year.

Riddhi Steel & Tube Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	6.02	2.01	3.01	12.03	3.01	28.04	−3.01	−8.02	17.03	9.02	13.02	6.01
Cash from investing activity	−1.99	−3.98	−1.99	−5.98	−1.99	−4.98	0.99	0.99	0.99	−0.99	0.00	0.99
Cash from financing activity	−4.99	0.00	−0.99	−6.98	−0.99	−15.96	−2.99	7.98	−16.96	0.99	−15.97	−6.98
Net cash flow	0.00	−2.01	0.00	−1.01	1.01	7.01	−6.01	1.01	1.01	9.02	−4.01	1.01
Capex	1.95	4.30	4.04	6.94	3.60	6.15	1.26	1.96	1.38	1.33	1.07	1.85
Free cash flow	3.99	−1.99	−0.99	4.99	0.00	21.95	−4.99	−9.98	15.95	7.98	11.96	3.99
CFO / OP %	31.0%	17.9%	28.0%	84.9%	25.0%	161.9%	−17.0%	−43.1%	106.9%	55.9%	69.0%	34.0%

Riddhi Steel & Tube ratios

Working-capital days and returns, by year.

Riddhi Steel & Tube Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	52	69	71	74	63	72	54	59	75	61	49	38
Inventory days	39	53	50	53	47	42	65	84	83	103	92	109
Days payable	2	8	13	16	7	10	17	16	10	4	4	0
Cash conversion cycle	91	116	110	112	104	105	104	129	150	161	139	148
Working capital days	32	58	74	68	62	65	94	89	83	70	73	72
ROCE %	14.0%	15.0%	13.0%	12.0%	13.0%	10.0%	9.0%	9.0%	9.0%	10.0%	12.0%	15.1%

Riddhi Steel & Tube: frequently asked questions

What are the latest quarterly results of Riddhi Steel & Tube?

For the Mar 2026 quarter, Riddhi Steel & Tube reported sales of ₹211 Cr, down 11.0% year on year and net profit of ₹4.98 Cr, up 24.8% year on year. The operating margin was 6.0%.

What is the annual revenue of Riddhi Steel & Tube?

Riddhi Steel & Tube's sales for the year to Mar 2026 were ₹457 Cr.

What is the net profit of Riddhi Steel & Tube?

Net profit for the year to Mar 2026 was ₹10.95 Cr. Earnings per share over the same trailing period were ₹9.20.

How much debt does Riddhi Steel & Tube have?

Riddhi Steel & Tube reported borrowings of ₹137 Cr at Mar 2026, against cash and equivalents of ₹9.02 Cr.

What is the free cash flow of Riddhi Steel & Tube?

Cash from operations was ₹6.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹3.99 Cr.

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