Ahmedabad-based manufacturer of TMT steel reinforcement bars used in construction.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 4 | 11 | 13 | 80 | 80 | 80 | 80 | 80 |
| Reserves | -3 | -3 | 10 | 5 | 9 | 14 | 18 | 29 |
| Borrowings | 24 | 25 | 26 | 18 | 17 | 23 | 41 | 42 |
| Other Liabilities | 6 | 6 | 9 | 9 | 8 | 7 | 6 | 15 |
| Total Liabilities | 30 | 40 | 59 | 112 | 114 | 124 | 144 | 165 |
| AssetsFixed Assets | 9 | 9 | 8 | 9 | 17 | 16 | 16 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 6 |
| Investments | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 7 |
| Other Assets | 20 | 30 | 50 | 103 | 96 | 103 | 123 | 136 |
| Total Assets | 30 | 40 | 59 | 112 | 114 | 124 | 144 | 165 |
| Line item | FY15 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | -12 | -7 | -14 | -44 | 14 | 5 | 1 |
| Cash from Investing | — | -2 | 0 | 0 | -1 | -9 | -4 | -9 |
| Cash from Financing | — | 14 | 7 | 14 | 45 | -4 | -2 | 7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | -14 | -7 | -15 | -45 | 5 | 3 | -3 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
RHETAN · CYCLICAL_UNMODELABLE
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