Riddhi Steel and Tube Ltd Stock Price Today (NSE: RIDDHI)
Fundamental Score
Riddhi Steel and Tube Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Riddhi Steel and Tube Ltd share price today is ₹796.00, up +2.05% on NSE/BSE as of 7 August 2026. Riddhi Steel and Tube Ltd (RIDDHI) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹244.23 (Cr). The 52-week high for RIDDHI share price is ₹861.95 and the 52-week low is ₹405.00. At a P/E ratio of 21.33x, RIDDHI is currently trading below its industry average P/E of 22.88x. The company has a Return on Equity (ROE) of 16.88% and a debt-to-equity ratio of 1.87.
Riddhi Steel and Tube Ltd Share Price Chart — NSE/BSE Historical Performance
Riddhi Steel and Tube Ltd share price chart: -1.55% return over the past month. 52-week high ₹861.95, 52-week low ₹405.00.
Riddhi Steel and Tube Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹780.00 | ₹800.00 | ₹765.00 | ₹796.00 | 811.00 (Cr) | |
| ₹804.60 | ₹804.60 | ₹756.85 | ₹780.00 | 906.00 (Cr) | |
| ₹805.00 | ₹805.00 | ₹755.00 | ₹796.65 | 14.01K (Cr) | |
| ₹743.80 | ₹767.45 | ₹735.25 | ₹767.45 | 13.50K (Cr) | |
| ₹730.00 | ₹733.00 | ₹730.00 | ₹730.95 | 59.00 (Cr) | |
| ₹730.00 | ₹750.00 | ₹730.00 | ₹738.00 | 976.00 (Cr) | |
| ₹745.00 | ₹745.00 | ₹715.15 | ₹730.00 | 482.00 (Cr) | |
| ₹747.80 | ₹747.80 | ₹725.00 | ₹745.00 | 1.79K (Cr) | |
| ₹730.00 | ₹748.50 | ₹730.00 | ₹744.10 | 616.00 (Cr) | |
| ₹725.00 | ₹740.00 | ₹725.00 | ₹730.00 | 33.94K (Cr) |
Riddhi Steel and Tube Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹730.00 | ₹805.00 | ₹730.00 | ₹796.00 | +9.04% | |
| ₹742.35 | ₹758.90 | ₹680.00 | ₹738.00 | -0.59% | |
| ₹664.85 | ₹861.95 | ₹625.00 | ₹749.80 | +12.78% | |
| ₹650.00 | ₹815.90 | ₹610.35 | ₹664.85 | +2.28% | |
| ₹419.95 | ₹645.00 | ₹419.95 | ₹623.95 | +48.58% | |
| ₹465.10 | ₹531.50 | ₹410.00 | ₹412.60 | -11.29% | |
| ₹579.95 | ₹620.00 | ₹451.60 | ₹493.05 | -14.98% | |
| ₹434.00 | ₹615.00 | ₹412.00 | ₹542.75 | +25.06% | |
| ₹500.00 | ₹509.00 | ₹405.00 | ₹420.15 | -15.97% | |
| ₹532.60 | ₹584.10 | ₹473.45 | ₹497.85 | -6.52% | |
| ₹540.30 | ₹615.00 | ₹520.40 | ₹544.00 | +0.68% | |
| ₹569.90 | ₹606.11 | ₹511.00 | ₹546.15 | -4.17% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Micro-cap steel play with promoter conviction, but liquidity risk and debt leave zero margin for error.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Riddhi Steel's promoter, Rajeshkumar Mittal, acquired an additional 11,750 shares on March 30, 2026, increasing his stake to 9.05%. This follows another acquisition of 15,750 shares on March 27, 2026. The trading window closed on April 1, 2026, until 48 hours after the declaration of financial results for the year ended March 31, 2026.
CORE STORY (THE REAL GAME)
Micro-cap stock riding the cyclical tailwinds of the Indian steel industry recovery and promoter confidence, overshadowed by liquidity risk and opaque operations.
- Promoter buying increases confidence
- Bonus issue has expanded equity base
- Steel demand in India is rising
- Significant order wins
- Debt reduction
- Improved interest coverage ratio
- Micro-cap liquidity risk
- High Debt/Equity of 2.02x
- Weak Interest Coverage of 2.19x
Promoter increased stake to 74.70%. DII holding is negligible at 0.36%.
Indian steel production is up 11% YoY, but profitability is under pressure due to raw material costs.
Free Cash Flow 5Y is ₹20.22 Cr, not bad, but needs to be monitored.
If steel demand holds, RIDDHI could benefit. However, execution risk is high. 3-6 month thesis hinges on continued sector tailwinds and no governance red flags.
Primary Thesis Risk
Liquidity risk can wipe out your investment.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Riddhi Steel and Tube Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Riddhi Steel and Tube Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of RIDDHI across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Strong Return on Equity (16.88%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Robust Profit Growth (27.25%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Excellent EPS Growth (54.19% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (54.28% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Strong Cash Generation (₹29.03 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (74.61%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
5 factors identified
Revenue Contraction (-10.76%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Elevated Debt Levels (D/E: 1.87)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (2.14x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Limited Institutional Interest (FII+DII: 1.38%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Riddhi Steel and Tube Ltd vs Iron & Steel Products Peers
Peer Comparison - Iron & Steel Products
Compare Riddhi Steel and Tube Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Riddhi Steel and Tube LtdRiddhi Steel an...Selected✓ RIDDHI • 540082 | 49.6/100 | ₹796.00₹796 | ₹244.23₹244.23 | 21.33Average 21.3 Average | 16.88%Good 16.88% Good | 14.74%Average 14.74% Average | 1.87Average 1.9 Average | 54.28%Excellent 54.28% Excellent | 6.95%Good 6.95% Good | 0.00% |
Apl Apollo Tubes LtdApl Apollo Tube... APLAPOLLO • 533758 | 58.7/100 | ₹1819.50₹1820 | ₹50449.08₹50449.08 | 41.93Average 41.9 Average | 25.31%Excellent 25.31% Excellent | 31.64%Excellent 31.64% Excellent | 0.09Excellent 0.1 Excellent | 27.28%Excellent 27.28% Excellent | 22.11%Excellent 22.11% Excellent | 0.32% |
Welspun Corp LtdWelspun Corp Lt... WELCORP • 532144 | 64.3/100 | ₹1439.30₹1439 | ₹44413.13₹44413.13 | 27.56Average 27.6 Average | 19.42%Good 19.42% Good | 22.89%Excellent 22.89% Excellent | 0.26Excellent 0.3 Excellent | 20.91%Excellent 20.91% Excellent | 18.58%Excellent 18.58% Excellent | 0.30% |
Shyam Metalics and Energy LtdShyam Metalics ... SHYAMMETL • 543299 | 56.3/100 | ₹1031.30₹1031 | ₹28869.18₹28869.18 | 26.97Average 27.0 Average | 9.70%Poor 9.70% Poor | 13.01%Average 13.01% Average | 0.09Excellent 0.1 Excellent | 4.90%Average 4.90% Average | 24.12%Excellent 24.12% Excellent | 0.44% |
Ratnamani Metals & Tubes LtdRatnamani Metal... RATNAMANI • 520111 | 45.6/100 | ₹2358.90₹2359 | ₹18251.63₹18251.63 | 37.27Average 37.3 Average | 12.64%Average 12.64% Average | 17.92%Good 17.92% Good | 0.08Excellent 0.1 Excellent | 12.16%Good 12.16% Good | 14.35%Good 14.35% Good | 0.38% |
Godawari Power & Ispat LtdGodawari Power ... GPIL • 532734 | 57.1/100 | ₹242.40₹242 | ₹17056.25₹17056.25 | 20.95Average 20.9 Average | 15.20%Good 15.20% Good | 20.37%Excellent 20.37% Excellent | 0.08Excellent 0.1 Excellent | 4.99%Average 4.99% Average | 6.38%Good 6.38% Good | 0.39% |
Gallantt Ispat LtdGallantt Ispat ... GALLANTT • 532726 | 61.9/100 | ₹614.60₹615 | ₹16624.26₹16624.26 | 34.33Average 34.3 Average | 15.73%Good 15.73% Good | 18.23%Good 18.23% Good | 0.17Excellent 0.2 Excellent | 42.84%Excellent 42.84% Excellent | 34.42%Excellent 34.42% Excellent | 0.18% |
Jindal Saw LtdJindal Saw Ltd... JINDALSAW • 500378 | 50.8/100 | ₹256.95₹257 | ₹16352.11₹16352.11 | 25.02Average 25.0 Average | 8.20%Poor 8.20% Poor | 10.43%Average 10.43% Average | 0.37Excellent 0.4 Excellent | 25.27%Excellent 25.27% Excellent | 10.91%Good 10.91% Good | 0.78% |
Usha Martin LtdUsha Martin Ltd... USHAMART • 517146 | 69.7/100 | ₹495.95₹496 | ₹15127.41₹15127.41 | 30.03Average 30.0 Average | 16.64%Good 16.64% Good | 20.18%Excellent 20.18% Excellent | 0.07Excellent 0.1 Excellent | 27.59%Excellent 27.59% Excellent | 11.97%Good 11.97% Good | 0.60% |
Jayaswal Neco Industries LtdJayaswal Neco I... JAYNECOIND • 522285 | 47/100 | ₹86.03₹86 | ₹8896.22₹8896.22 | 18.90Average 18.9 Average | 18.05%Good 18.05% Good | 20.67%Excellent 20.67% Excellent | 0.74Good 0.7 Good | 23.24%Excellent 23.24% Excellent | 14.17%Good 14.17% Good | 0.00% |
Maharashtra Seamless LtdMaharashtra Sea... MAHSEAMLES • 500265 | 60.6/100 | ₹565.35₹565 | ₹7890.10₹7890.10 | 11.21Average 11.2 Average | 10.65%Average 10.65% Average | 14.29%Average 14.29% Average | 0.00Excellent 0.0 Excellent | 28.94%Excellent 28.94% Excellent | 15.16%Excellent 15.16% Excellent | 1.70% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Apl Apollo Tubes Ltd share price50449.08 Cr
- Welspun Corp Ltd share price44413.13 Cr
- Shyam Metalics and Energy Ltd share price28869.18 Cr
- Ratnamani Metals & Tubes Ltd share price18251.63 Cr
- Godawari Power & Ispat Ltd share price17056.25 Cr
Riddhi Steel and Tube Ltd PE Ratio History
Historical price-to-earnings ratio for RIDDHI — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹61.53 | ₹638.95 | 10.4x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Riddhi Steel and Tube Ltd Dividend History
Annual cash dividends paid by RIDDHI — dividend yield N/A
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹2.14 Cr |
| FY 2024 | ₹1.07 Cr |
| FY 2023 | ₹0.71 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Riddhi Steel and Tube Ltd Quarterly Performance
Latest quarterly metrics for RIDDHI — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-10.76%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
27.25%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
6.95%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
54.28%
Compounded annual net profit growth over 5 years
Riddhi Steel and Tube Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for RIDDHI — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Riddhi Steel and Tube Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Riddhi Steel and Tube Ltd (RIDDHI) — sourced from NSE/BSE filings.
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About RIDDHI (Riddhi Steel and Tube Ltd)
Riddhi Steel and Tube Ltd is a prominent Indian manufacturer specializing in high-quality steel pipes and tubes, catering to a diverse range of industrial applications. With a stea...dfast commitment to precision engineering and rigorous quality control, RIDDHI produces a comprehensive portfolio of products, including ERW (Electric Resistance Welded) pipes, galvanized pipes, and hollow sections. These offerings find extensive use in sectors such as infrastructure development, construction, agriculture, and the automotive industry. RIDDHI distinguishes itself through its focus on innovation, constantly striving to improve manufacturing processes and develop new products that meet the evolving needs of its customers. Their dedication to excellence extends to providing reliable customer service and building lasting relationships with clients across the nation. The company's manufacturing facilities are equipped with state-of-the-art machinery and adhere to stringent international standards, ensuring the production of durable and reliable steel products. RIDDHI’s commitment to sustainability is evident in its efforts to minimize environmental impact through responsible manufacturing practices and resource conservation. By employing advanced technologies and skilled personnel, the company maintains a competitive edge in the market, consistently delivering products that meet or exceed customer expectations. The brand has cultivated a reputation for integrity and reliability, making it a trusted partner for businesses seeking superior steel pipe and tube solutions. RIDDHI’s strategic location and robust distribution network allow for efficient delivery of its products across India and beyond. The company actively invests in research and development to stay ahead of industry trends and develop customized solutions for specific client requirements. With a strong focus on customer satisfaction and a dedication to continuous improvement, RIDDHI Steel and Tube Ltd is poised for continued growth and success in the dynamic iron and steel products market. The company’s unwavering commitment to quality, innovation, and customer service makes it a leader in the steel pipe and tube manufacturing industry.
Company Details
Key Leadership
Corporate Events
Latest News
RIDDHI Share Price: Frequently Asked Questions
What is the current share price of Riddhi Steel and Tube Ltd?
Riddhi Steel and Tube Ltd (RIDDHI) trades at ₹796.00 on NSE and BSE. Market cap ₹244.23 (Cr). Educational data only.
What is the P/E ratio of Riddhi Steel and Tube Ltd?
Riddhi Steel and Tube Ltd has a P/E of 21.33x vs industry average 22.88x.
What is the Bull Run score for Riddhi Steel and Tube Ltd?
Riddhi Steel and Tube Ltd has a Bull Run score of 49.6/100 based on 25+ financial parameters.
Does Riddhi Steel and Tube Ltd pay dividends?
Riddhi Steel and Tube Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Riddhi Steel and Tube Ltd?
Riddhi Steel and Tube Ltd has ROE of 16.88%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Riddhi Steel and Tube Ltd?
Riddhi Steel and Tube Ltd has debt-to-equity of 1.87.
Is Riddhi Steel and Tube Ltd a good investment?
Bull Run gives Riddhi Steel and Tube Ltd a score of 49.6/100. This is not investment advice — consult a SEBI-registered advisor.