Loading…
Rhetan TMT (RHETAN)₹13.10−1.21%Iron & Steel Products
In the Mar 2026 quarter (standalone), Rhetan TMT reported sales of ₹8.52 Cr, up 30.7% from Mar 2025, and net profit of ₹2.21 Cr, up 370.2% year on year. For the year to Mar 2026, sales were ₹24.08 Cr and net profit ₹9.98 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.37 | 10.51 | 12.16 | 17.95 | 19.41 | 4.97 | 6.40 | 6.52 | 5.06 | 4.78 | 6.17 | 8.52 |
| Expenses | 22.75 | 9.41 | 10.27 | 16.53 | 17.66 | 1.81 | 4.14 | 9.50 | 4.42 | 3.65 | 3.75 | 5.94 |
| Operating Profit | 1.51 | 1.04 | 1.81 | 1.31 | 1.64 | 3.12 | 2.22 | −3.01 | 0.60 | 1.09 | 2.38 | 2.53 |
| OPM % | 6.2% | 10.0% | 15.0% | 7.3% | 8.5% | 63.2% | 34.9% | −46.6% | 12.0% | 23.0% | 38.8% | 29.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.43 | 0.00 | 0.00 | 0.00 | 3.41 | 0.67 | 2.44 | 3.16 | 2.21 |
| Interest | 0.37 | 0.37 | 0.42 | 0.37 | 0.38 | 0.39 | 0.39 | 0.36 | 0.40 | 0.37 | 0.35 | 0.33 |
| Depreciation | 0.22 | 0.02 | 0.23 | 0.19 | 0.26 | 0.25 | 0.27 | −0.16 | 0.15 | 0.15 | 0.15 | 0.15 |
| Profit before tax | 0.94 | 0.67 | 1.16 | 1.19 | 1.00 | 2.48 | 1.57 | 0.17 | 0.75 | 3.02 | 5.06 | 4.28 |
| Tax % | 20.0% | 0.0% | 12.0% | 20.0% | 19.8% | 8.8% | 12.0% | −166.7% | 0.0% | 5.3% | 12.6% | 48.4% |
| Net Profit | 0.75 | 0.67 | 1.02 | 0.95 | 0.80 | 2.26 | 1.38 | 0.47 | 0.75 | 2.86 | 4.44 | 2.21 |
| EPS (Rs) | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.04 | 0.03 | 0.02 | 0.00 | 0.03 | 0.05 | 0.04 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 20.06 | 52.15 | 67.26 | 86.31 | 65.21 | 37.16 | 24.08 | 24.53 |
| Expenses | 18.95 | 49.90 | 61.86 | 77.84 | 57.86 | 32.95 | 17.97 | 17.76 |
| Operating Profit | 0.99 | 1.99 | 4.99 | 7.99 | 6.99 | 3.99 | 6.99 | 6.60 |
| OPM % | 2.9% | 3.0% | 7.0% | 9.9% | 10.9% | 10.9% | 26.9% | 26.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 1.99 | 8.98 | 8.48 |
| Interest | 0.00 | 0.99 | 1.01 | 1.01 | 1.99 | 1.99 | 1.01 | 1.45 |
| Depreciation | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 0.60 |
| Profit before tax | 0.00 | 0.00 | 2.99 | 6.97 | 4.98 | 2.99 | 12.94 | 13.11 |
| Tax % | 627.0% | 28.0% | 18.0% | 24.0% | 26.0% | 9.0% | 22.0% | — |
| Net Profit | −0.99 | 0.00 | 1.99 | 4.99 | 3.99 | 2.99 | 9.98 | 10.26 |
| EPS (Rs) | −0.38 | 0.02 | 0.06 | 0.06 | 0.06 | 0.05 | 0.14 | 0.12 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.11 | 3.99 | 10.97 | 12.97 | 79.82 | 79.86 | 79.86 | 79.82 |
| Reserves | 0.00 | −3.00 | −2.99 | 9.98 | 4.99 | 8.98 | 13.99 | 28.94 |
| Borrowings | 7.00 | 24.01 | 25.04 | 26.05 | 18.06 | 17.08 | 23.10 | 42.11 |
| Other Liabilities | 0.00 | 5.97 | 5.97 | 8.96 | 8.97 | 8.04 | 6.96 | 14.93 |
| Total Liabilities | 6.99 | 29.97 | 39.99 | 58.96 | 112 | 114 | 124 | 165 |
| Fixed Assets | 3.99 | 8.98 | 8.99 | 7.99 | 8.98 | 16.98 | 15.96 | 15.97 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 6.02 |
| Investments | 1.01 | 1.01 | 1.01 | 1.01 | 0.99 | 1.01 | 2.99 | 6.99 |
| Other Assets | 1.99 | 19.98 | 29.99 | 49.96 | 103 | 95.97 | 103 | 136 |
| Inventories | 0.00 | 7.99 | 12.01 | 23.99 | 32.03 | 33.99 | 39.99 | 51.04 |
| Trade receivables | 0.00 | 6.99 | 13.98 | 21.95 | 26.96 | 22.96 | 22.95 | 23.94 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 |
| Total Assets | 6.99 | 29.97 | 39.99 | 58.96 | 112 | 114 | 124 | 165 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −11.96 | −6.98 | −13.97 | −43.85 | 13.97 | 4.99 | 0.99 |
| Cash from investing activity | −2.01 | 0.00 | 0.00 | −1.01 | −9.01 | −4.01 | −9.02 |
| Cash from financing activity | 13.97 | 6.99 | 13.96 | 44.87 | −3.99 | −1.99 | 6.98 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | −1.01 | 0.00 |
| Capex | 10.69 | 0.18 | 0.11 | 0.79 | 8.81 | 1.53 | 4.44 |
| Free cash flow | −13.97 | −6.99 | −14.96 | −44.90 | 4.99 | 2.99 | −2.99 |
| CFO / OP % | −2,055.0% | −442.1% | −303.1% | −520.0% | 214.0% | 139.0% | 67.0% |
| Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | — | 135 | 99 | 121 | 116 | 131 | 225 | 366 |
| Inventory days | — | 198 | 99 | 153 | 162 | 242 | 489 | 1,433 |
| Days payable | — | 109 | 38 | 31 | 28 | 30 | 57 | 180 |
| Cash conversion cycle | — | 221 | 157 | 240 | 247 | 340 | 655 | 1,616 |
| Working capital days | — | 80 | 78 | 150 | 334 | 379 | 718 | 1,409 |
| ROCE % | 0.0% | — | 4.0% | 10.0% | 11.0% | 6.0% | 4.0% | 11.0% |
For the Mar 2026 quarter, Rhetan TMT reported sales of ₹8.52 Cr, up 30.7% year on year and net profit of ₹2.21 Cr, up 370.2% year on year. The operating margin was 29.9%.
Rhetan TMT's sales for the year to Mar 2026 were ₹24.08 Cr; over the last twelve months they were ₹24.53 Cr.
Net profit for the year to Mar 2026 was ₹9.98 Cr, and ₹10.26 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.12.
Rhetan TMT reported borrowings of ₹42.11 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹0.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.99 Cr.