ABOUT RATHI INDUSTRIES LIMITED
RATHI INDUSTRIES LIMITED is engaged in the business of re-rolling activities particularly manufacturing & selling of M.S. Bars (TMT) under the brand name “RATHI STELMAX”. The Company's operation includes four rolling mills installed at their plant situated at G.T. Road, Chhapraulla, Gautam Budh Nagar (U.P.).
Rathi Industries Limited is a part of Rathi Steels Group. The combined Rathi group has an installed capacity of nearly one million tons of bars and rods with a market share of 45% in North India and overall production of 10% of steel rolling capacity on all-India basis.
In the year 2000, Rathi Industries Limited started manufacturing Quenched and Self Tempered Steel Bars. With this new technology, the capacity of the steel to withstand earthquake, fire and corrosion hazards improved significantly. Then in 2010, Rathi Industries Ltd. started 'Complete Steel Reinforcement Solutions' - it means all materials required during RCC is available under one roof i.e. TMT Steel Bars, Binding Wires, Stirrups (Rings), Lintel Beam Kit, and Steel Chairs and Cement, Cover blocks of all sizes. The company also makes readymade steel bars and rods as per the exact length and bended as required at the site.
The Equity Shares of Rathi Industries Limited are listed on Metropolitan Stock Exchange of India Limited.
29 November 1991
Category/Sub-category of the Company
Limited by Shares
Address of the Registered office and contact details
A-24/6, Mohan Co-Operative Industrial Estate, Mathura Road, New Delhi-110 044
Ph. No. 011-46569307,
E-mail Id: firstname.lastname@example.org
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
Skyline Financial Services Pvt. Ltd.
D-153A, Okhla Industrial Area, Phase-1,
New Delhi-110 020
Ph. No. 011-26812682-83
E-mail Id: email@example.com
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
Manufacturing Of M.S. Bars/TMT
BOARD OF DIRECTORS
Mr. Sangram Singh (Chairman & Whole-time Director)
Mr. Vinay Rathi (Executive Director)
Mr. Vikas Rathi (Executive Director)
Mr. Abhishek Bhatter(Independent Director)
Mr. Ghanshyam Tiwari (Independent Director)
Ms. Sangeeta Garg (Independent Woman Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
RATHI INDUSTRIES LIMITED does not have any subsidiary or associate company.
RATHI INDUSTRIES LIMITED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Market Capitalisation :
Rs. 19.38 Crore
(As on 31-03-2020)
Number of shares
% of total Shares of the company
In 2019, India ranked second as the world’s largest steel producer with production of 111.2 million tonnes. The sustainable growth of steel sector can be attributed to the domestic availability of raw materials including iron ore and cost effective labour. Steel sector is one of the major contributors to the Indian economy. Steel Industry of India has been divided into three categories, Major producers, main producers, and secondary producers.
Production of crude steel and finished steel in India increased to 108.5 Million Tonnes and 101.03 Million Tonnes in FY 2020 respectively. Consumption of finished steel in India grew at a CAGR of 5.2% from FY 2016 to FY 2020. In FY 2020, India exported 8.24 million tonnes of finished steel and imported 6.69 Million tonnes of it. From April 2020 to February 2021, export of finished steel stood at 9.49 Million tonnes and import stood at 4.25 Million tonnes.
Manufacturing of steel and TMT steel bars is regarded as a major industry in its own right. The Global TMT Steel bar market is expected to grow at the CAGR of more than 8% until 2023. But with COVID-19 pandemic, an unprecedented toll has taken on the construction industry. The nationwide lockdown has not only put brakes on the ongoing real estate and infrastructure projects, but the allied TMT Steel industry has also suffered a setback. As the lockdown eases, stalled projects both in construction and infrastructure along with capital expenditure plans are coming back on track and demand for steel items are likely to recover lost ground.
PROFIT & LOSS STATEMENT OF RATHI INDUSTRIES LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit/Loss before Tax
Profit After Tax (PAT)
BALANCE SHEET OF RATHI INDUSTRIES LIMITED (In Rs. Lakhs)
31st March 2021
31st March 2020
31st March 2019
Other noncurrent assets
TOTAL NON CURRENT ASSETS
Cash and Cash Equivalents
Other Current Assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity share capital
NON CURRENT LIABILITIES
Other noncurrent liabilities
TOTAL NON CURRENT LIABILITIES
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased by 33.43% from Rs. 68,465.30 lakhs in FY 2020 to Rs. 45,580.56 lakhs in FY 2021.
EBITDA of the company increased by 10.40% from Rs. 1,920.71 lakhs in FY 2020 to Rs. 2,120.54 lakhs in FY 2020. EBITDA margins improved from 2.81% in FY 2020 to 4.65% in FY 2021.
Profit After Tax of the company increased significantly by 108.53% from Rs. 126.12 lakhs in FY 2020 to Rs. 262.99 lakhs in FY 2021.
Current Ratio of the company as of 31st March 2021 was b
Debt to Equity ratio of the company as of 31st March 2021 was 0.66.
The book value per equity share of the company as of 31st March 2021 was Rs. 215.5.
The company has not given any dividend from the past three years.
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