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Rashtriya Ispat Nigam Ltd, is an unlisted public company incorporated on 18 February, 1982. It is classified as a Government of India company and is located in Andhra Pradesh, Andhra Pradesh. It's authorized share capital is INR 15,000.00 cr and the total paid-up capital is INR 4,889.85 cr.
Rashtriya Ispat Nigam Ltd's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 119.06% over the previous year. At the same time, it's book networth has decreased by 87.68%.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
State | Type | Address |
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Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales | 15,920.5 | 18,080.9 | 28,359.3 | 22,809.4 | 23,186.4 |
Operating profit | -1,737.6 | 1,218.1 | 3,181.0 | -606.3 | -2,052.7 |
Net profit | -3,910.2 | -789.1 | 913.2 | -2,858.7 | -4,848.9 |
Gross margin | 31.5 | 39.6 | 36.4 | 31.5 | 23.0 |
Operating margin | -10.9 | 6.7 | 11.2 | -2.7 | -8.8 |
Net margin | -24.2 | -4.3 | 3.2 | -12.4 | -20.7 |
Networth | 3,271.8 | 2,464.2 | 3,174.6 | 391.2 | -4,538.3 |
Borrowings | 21,127.2 | 19,972.3 | 17,148.1 | 20,423.9 | 18,616.4 |
Assets | 34,719.8 | 32,607.9 | 33,118.3 | 33,660.0 | 30,233.0 |
Debt to equity | 6.5 | 8.1 | 5.4 | 52.2 | -4.1 |
Current ratio | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 |
ROE | -119.5 | -32.0 | 28.8 | -730.7 | - |
Days payable | 117.0 | 73.0 | 103.0 | 114.0 | 133.0 |
WC days | -252.0 | -232.0 | -149.0 | -220.0 | -290.0 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 4,889.9 | 4,889.9 | 4,889.9 | 4,889.8 | 4,889.9 |
Reserves | -1,618.1 | -2,425.6 | -1,715.3 | -4,498.6 | -9,428.1 |
Borrowings + | 21,127.2 | 19,972.3 | 17,148.1 | 20,423.9 | 18,616.4 |
Long term borrowings | 9,759.8 | 10,116.0 | 8,772.5 | 9,171.0 | 7,279.6 |
Short term borrowings | 11,367.4 | 9,856.3 | 8,375.6 | 11,252.9 | 11,336.8 |
Trade payables + | 3,497.4 | 2,177.6 | 5,104.4 | 4,889.1 | 6,502.9 |
Days payable | 117.0 | 73.0 | 103.0 | 114.0 | 133.0 |
Other liabilities + | 10,320.8 | 10,171.3 | 12,795.6 | 12,844.8 | 16,154.9 |
Other non-current liabilities | 1,558.6 | 1,408.9 | 1,385.3 | 1,392.7 | 1,376.7 |
Other current liabilities | 5,264.7 | 6,584.8 | 6,305.9 | 6,563.1 | 8,275.3 |
Total liabilities | 34,719.8 | 32,607.9 | 33,118.3 | 33,660.0 | 30,233.0 |
Fixed Assets + | 23,096.4 | 22,639.3 | 22,107.1 | 21,467.1 | 18,659.3 |
Tangible assets | 19,357.1 | 19,936.3 | 19,427.6 | 18,490.3 | 17,440.8 |
CWIP | 3,737.9 | 2,701.8 | 2,678.8 | 2,976.4 | 1,218.2 |
Intangible assets | 1.4 | 1.2 | 0.7 | 0.4 | 0.3 |
LT loans and advances | 74.9 | 43.2 | 4.5 | 1.4 | 0.4 |
Other non-current assets | 2,428.0 | 2,798.5 | 2,834.6 | 3,212.1 | 3,887.1 |
Current assets + | 9,120.5 | 7,126.9 | 8,172.2 | 8,979.4 | 7,686.2 |
Inventories | 7,030.9 | 4,958.2 | 6,068.8 | 6,585.8 | 5,270.8 |
Trade receivables | 611.2 | 871.9 | 909.7 | 777.2 | 222.5 |
Cash and cash equivalents | 18.4 | 37.0 | 4.1 | 2.7 | 19.9 |
ST loans and advances | - | - | - | - | - |
Other current assets | 1,459.9 | 1,259.8 | 1,189.6 | 1,613.7 | 2,173.1 |
Total assets | 34,719.8 | 32,607.9 | 33,118.3 | 33,660.0 | 30,233.0 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales + | 15,920.5 | 18,080.9 | 28,359.3 | 22,809.4 | 23,186.4 |
Sales growth % | -22.31 | 13.57 | 56.85 | -19.57 | 1.65 |
Expenses + | 20,265.1 | 19,585.2 | 27,928.5 | 26,346.8 | 28,706.3 |
Cost of goods | 10,912.0 | 10,915.3 | 18,047.3 | 15,619.2 | 17,861.9 |
Employee cost | 2,620.7 | 2,588.2 | 2,817.8 | 2,710.7 | 2,605.2 |
Other costs | 4,125.4 | 3,359.2 | 4,313.2 | 5,085.8 | 4,772.0 |
Operating profit + | -1,737.6 | 1,218.1 | 3,181.0 | -606.3 | -2,052.7 |
Operating margin % | -10.9 | 6.7 | 11.2 | -2.7 | -8.8 |
Other income | 239.1 | 182.0 | 287.7 | 229.0 | 198.7 |
Interest | 1,498.2 | 1,528.6 | 1,545.6 | 1,738.2 | 2,173.0 |
Depreciation | 1,108.8 | 1,193.9 | 1,204.6 | 1,192.8 | 1,294.2 |
Exceptional items | -182.0 | 286.4 | 223.1 | 71.7 | 102.7 |
Profit before tax | -4,287.5 | -1,036.0 | 941.6 | -3,236.5 | -5,218.5 |
Tax | -377.3 | -246.9 | 28.4 | -377.9 | -369.6 |
Profit - disc. ops | - | - | - | - | - |
Net profit | -3,910.2 | -789.1 | 913.2 | -2,858.7 | -4,848.9 |
Net margin % | -24.2 | -4.3 | 3.2 | -12.4 | -20.7 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Solvency + | |||||
Total Debt/Equity | 6.5 | 8.1 | 5.4 | 52.2 | -4.1 |
Net Debt/Equity | 6.5 | 8.1 | 5.4 | 52.2 | -4.1 |
Total Debt/Assets | 0.6 | 0.6 | 0.5 | 0.6 | 0.6 |
Total Assets/Equity | 10.6 | 13.2 | 10.4 | 86.0 | -6.7 |
Liquidity + | |||||
Current Ratio | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 |
Quick Ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Interest Coverage | -1.2 | 0.8 | 2.1 | -0.3 | -0.9 |
Performance | |||||
Gross Margin | 31.5 | 39.6 | 36.4 | 31.5 | 23.0 |
Operating Margin | -10.9 | 6.7 | 11.2 | -2.7 | -8.8 |
Net Margin | -24.2 | -4.3 | 3.2 | -12.4 | -20.7 |
Return + | |||||
Return on Equity | -119.5 | -32.0 | 28.8 | -730.7 | - |
Pre-tax ROCE | -23.6 | 0.2 | 18.8 | -23.2 | -1,451.4 |
Return on Assets | -11.3 | -2.4 | 2.8 | -8.5 | -16.0 |
Pre-tax ROIC | -11.7 | 0.1 | 9.7 | -8.6 | -23.8 |
Efficiency + | |||||
Days Payable | 117.0 | 73.0 | 103.0 | 114.0 | 133.0 |
Days Inventory | 235.0 | 166.0 | 123.0 | 154.0 | 108.0 |
Days Receivable | 14.0 | 18.0 | 12.0 | 12.0 | 4.0 |
Fixed Asset Turnover | 0.7 | 0.8 | 1.3 | 1.1 | 1.2 |
Total Asset Turnover | 0.5 | 0.6 | 0.9 | 0.7 | 0.8 |
Working Capital | |||||
Cash Conversion Cycle | 132.0 | 111.0 | 32.0 | 52.0 | -21.0 |
Working Capital Days | -252.0 | -232.0 | -149.0 | -220.0 | -290.0 |
State Bank of India
No. of Loans: 3
Total Amount : 12,322.0 cr
Canara Bank
No. of Loans: 1
Total Amount : 4,800.0 cr
Union Bank of India
No. of Loans: 3
Total Amount : 2,865.0 cr
IDBI Bank Limited
No. of Loans: 1
Total Amount : 2,050.0 cr
Indian Bank
No. of Loans: 1
Total Amount : 1,000.0 cr
Vijaya Bank
No. of Loans: 1
Total Amount : 700.0 cr
Andhra Bank
No. of Loans: 1
Total Amount : 510.0 cr
Indian bank (e - Allahabad bank)
No. of Loans: 1
Total Amount : 500.0 cr
Bank of Baroda
No. of Loans: 1
Total Amount : 254.8 cr
Designation | Name | DIN/PAN | Tenure |
---|---|---|---|
Director | Sukriti Likhi
Shareholder
|
01825997 | 4 years |
Managing Director | Bhatt Atul
Shareholder
|
07639362 | 4 years |
Director | Sunil Kumar Hirani | 09342744 | 4 years |
Director | Ghanshyam Singh | 09393441 | 3 years |
Additional Director | Arun Kanti Bagchi | 09835584 | 2 years |
Director | Sanjay Roy | 10045280 | 1 years |
Director | Suresh Chandra Pandey | 10149587 | 2 years |
Kmp | Ganesh Srvgk Chaluvadi | <HIDDEN> | 1 years |
Director | Ganesh Srvgk Chaluvadi | 10577869 | 1 years |
Director | Ghantasala Venkata Nagambica Prasad | 10612236 | 1 years |
CS | Jagadeeshwara Rao Mabagapu | <HIDDEN> | 7 years |
Name | Status | Paid up Capital | Common Directors | Address |
---|---|---|---|---|
MECON LIMITED |
Active
|
40.1 Cr | 2 | Jharkhand |
NMDC STEEL LIMITED |
Active
|
2,930.6 Cr | 1 | Chattisgarh |
KIOCL LIMITED |
Active
|
607.8 Cr | 2 | Karnataka |
NMDC LIMITED |
Active
|
293.1 Cr | 1 | Telangana |
THE BISRA STONE LIME COMPANY LIMITED |
Active
|
87.3 Cr | 1 | Orissa |
THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED |
Active
|
60.0 L | 2 | Orissa |
EASTERN INVESTMENTS LTD |
Active
|
1.4 Cr | 2 | Orissa |
INTERNATIONAL COAL VENTURES PRIVATE LIMITED |
Active
|
1,460.3 Cr | 2 | Delhi |
INDIAN IRON AND STEEL SECTOR SKILL COUNCIL |
Active
|
0.0 | 1 | West Bengal |
RINL POWERGRID TLT PRIVATE LIMITED |
Active
|
8.0 Cr | 2 | Andhra Pradesh |
MOIL LIMITED |
Active
|
203.5 Cr | 1 | Maharashtra |
Name | State / Country | Incorporation Year | Paidup Capital |
---|---|---|---|
EASTERN INVESTMENTS LTD | Orissa | 1927 | ₹ 1.4 Cr |
THE BISRA STONE LIME COMPANY LIMITED | Orissa | 1910 | ₹ 87.3 Cr |
THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED | Orissa | 1918 | ₹ 60.0 L |
The incorporation date of RASHTRIYA ISPAT NIGAM LTD is 18 February, 1982
The authorized share capital of RASHTRIYA ISPAT NIGAM LTD is INR ₹ 15,000.0 Cr.
The paid-up capital of RASHTRIYA ISPAT NIGAM LTD is INR ₹ 4,889.8 Cr.
The registered address of RASHTRIYA ISPAT NIGAM LTD is ADMINISTRATIVE BUILDINGVISAKHAPATNAM ANDHRA PRADESH NA ANDHRA PRADESH Andhra Pradesh - 530031
The CIN number of RASHTRIYA ISPAT NIGAM LTD is U27109AP1982GOI003404.