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RHET.NS NSE (India) Iron & Steel

Rhetan TMT Ltd

$29,54
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LatestRhetan TMT shares pull back from 52-week highs despite BIS certification win
Last 30 days
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Mcap
P/E
EV / Rev
Div yield
Op margin
9,1 %
ROE
3,3 %
Net margin
8,3 %
Debt / equity
0,24
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Rhetan TMT Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.24, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 4.44, suggesting it has sufficient short-term assets to cover its liabilities. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints. In terms of profitability, Rhetan TMT Ltd reports a return on equity (ROE) of 3.29% and a return on assets (ROA) of 2.51%. These figures are below the industry median for ROE and ROA in the Iron & Steel sector, indicating that the company is underperforming relative to its peers in terms of capital efficiency and asset utilization. The company's revenue is primarily concentrated in a single business segment, with no disclosed geographic diversification in the latest financial report. This lack of diversification may expose the company to higher operational and market risks, particularly in the volatile mining sector. Looking ahead, Rhetan TMT Ltd is projected to experience modest revenue growth in the current fiscal year, with a slight increase e

Business. Rhetan TMT Ltd (RHET.NS) is an Indian company operating in the Iron & Steel industry within the Basic Materials sector, primarily engaged in mining activities. The firm is listed on the National Stock Exchange of India. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryIron & Steel
ActivityMining
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
3,3 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

1
  • MARKETSRhetan TMT shares pull back from 52-week highs despite BIS certification win2026-07-27
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to RHET.NS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · 2026-07-27

    Composite-score breakdown

    Synthesis

    Business

    Rhetan TMT Ltd (RHET.NS) is an Indian company operating in the Iron & Steel industry within the Basic Materials sector, primarily engaged in mining activities. The firm is listed on the National Stock Exchange of India. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryIron & Steel
    ActivityMining
    AI synthesis
    GENERATED

    Rhetan TMT Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.24, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 4.44, suggesting it has sufficient short-term assets to cover its liabilities. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    In terms of profitability, Rhetan TMT Ltd reports a return on equity (ROE) of 3.29% and a return on assets (ROA) of 2.51%. These figures are below the industry median for ROE and ROA in the Iron & Steel sector, indicating that the company is underperforming relative to its peers in terms of capital efficiency and asset utilization.

    The company's revenue is primarily concentrated in a single business segment, with no disclosed geographic diversification in the latest financial report. This lack of diversification may expose the company to higher operational and market risks, particularly in the volatile mining sector.

    Looking ahead, Rhetan TMT Ltd is projected to experience modest revenue growth in the current fiscal year, with a slight increase expected in the following year. The company's capital expenditure is currently negative, indicating a reduction in investment in new projects or infrastructure. This may suggest a strategic shift or a response to market conditions, but it could also signal a slowdown in growth initiatives.

    The risk assessment for Rhetan TMT Ltd highlights a medium liquidity risk and a low dilution risk. The company's capital structure is stable, with no immediate signs of equity dilution. However, the negative net cash position after debt subtraction remains a concern for liquidity management.

    No recent events or filings have been disclosed in the latest financial data, suggesting a period of operational stability. However, the absence of recent disclosures may also indicate a lack of transparency or significant developments in the company's operations.

    Key takeaways
    • Rhetan TMT Ltd has a conservative capital structure with a low debt-to-equity ratio of 0.24.
    • The company's ROE and ROA are below the industry median, indicating underperformance in capital efficiency and asset utilization.
    • Revenue is concentrated in a single business segment, with no geographic diversification disclosed.
    • The company is projected to experience modest revenue growth in the current and next fiscal years.
    • Liquidity risk is medium, and dilution risk is low, but the negative net cash position after debt subtraction is a concern.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $29,54
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $939.8M
    Net cash
    -$227.0M
    Current ratio
    4.4
    Debt / equity
    0.2
    ROA
    2.5%
    ROE
    3.3%
    Cash conversion
    161.0%
    CapEx / revenue
    -4.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin9,1 %Above P75
    Net Margin8,3 %Above P75
    ROE3,3 %Above median
    Capex / Rev-4,1 %Below median
    D/E0,24Above median
    Cash Conv1,61Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Rhetan TMT Ltd Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    RHET.NSCanonical
    NSE (India) · USD

    Intel & risk

    peak dispatch · 2026-07-27
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage