Riddhi Steel and Tube (BOM:540082) 3-Year Revenue Growth Rate : 1.30% (As of Sep. 2023)

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What is Riddhi Steel and Tube 3-Year Revenue Growth Rate?

Riddhi Steel and Tube's Revenue per Share for the six months ended in Sep. 2023 was ₹185.61.

During the past 12 months, Riddhi Steel and Tube's average Revenue per Share Growth Rate was -2.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 0.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 12 years, the highest 3-Year average Revenue per Share Growth Rate of Riddhi Steel and Tube was 16.60% per year. The lowest was -7.00% per year. And the median was 4.70% per year.

Competitive Comparison of Riddhi Steel and Tube's 3-Year Revenue Growth Rate

For the Steel subindustry, Riddhi Steel and Tube's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Riddhi Steel and Tube's 3-Year Revenue Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Riddhi Steel and Tube's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Riddhi Steel and Tube's 3-Year Revenue Growth Rate falls into.

Riddhi Steel and Tube 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Riddhi Steel and Tube (BOM:540082) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Riddhi Steel and Tube 3-Year Revenue Growth Rate Related Terms

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Riddhi Steel and Tube (BOM:540082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Riddhi Steel and Tube Ltd (BOM:540082) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piplaj Pirana Road, 83/84, Village - Kamod, Post- Aslali, Ahmedabad, GJ, IND, 382427

Website

https://www.riddhitubes.com

Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS ERW Black and Galvanised Pipes which are used in agriculture, industry and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Section used in engineering application; Pre-Galvanised Pipes used by various manufacturers.

Riddhi Steel and Tube (BOM:540082) Headlines

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