About Rhetan Tmt Limited
Data last updated: 22 December 2025
Rhetan Tmt Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ashoka Metcast Limited. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 26 June 1984, the company has been in operation for over 42 years.
Registered with ROC Ahmedabad under CIN L27100GJ1984PLC007041. Listed on BSE: 543590.
Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹79.69 Cr. Formerly known as Shree Ghantakarna Rolling Mills Private Limited and Shivani Rolling Mills Private Limited. It is led by directors including Deepti Ghanshyam Gavali and Rushabh Rajnikantbhai Shah.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: 7Th Floor Ashoka Chambers Rasala Marg Mithakhali, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.74 Cr, a decline of 41% compared to the previous year.
The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Ashoka Metcast Limited.
The company is associated with 1 brand - Rhetan. As per MCA filings, the company has open charges of ₹18.55 Cr and satisfied charges of ₹2.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rhetan.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address7Th Floor Ashoka Chambers Rasala Marg Mithakhali, Ahmedabad, Gujarat, India – 380006
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Rhetan Tmt Limited
Rhetan Tmt Limited has undergone 4 name changes throughout its history. The current legal name is Rhetan Tmt Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Rhetan Tmt Limited | Current |
| Shree Ghantakarna Rolling Mills Private Limited | Previous |
| Shivani Rolling Mills Private Limited | Previous |
| Rhetan Rolling Mills Private Limited | Previous |
| Rhetan Tmt Private Limited | Previous |
CIN History of Rhetan Tmt Limited
Rhetan Tmt Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27100GJ1984PLC007041, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100GJ1984PLC007041 | Current |
| U27100GJ1984PLC007041 | Previous |
| U99999GJ1984PTC007041 | Previous |
| U27100GJ1984PTC007041 | Previous |
Associated Brands with Rhetan Tmt Limited
Rhetan Tmt Limited operates one associated brand: Rhetan. These brands represent Rhetan Tmt Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured and distributed by Rhetan. | rhetan.com |
Competitors & Alternatives of Rhetan Tmt Limited
Brands and companies operating in the same space as Rhetan Tmt Limited include Tata Steel, BlueScope, SISCOL and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Tata Steel
|
Steel and related metal products are manufactured globally. | Jamshedpur, India, India | 1907 |
BlueScope
|
Painted and coated steel products are manufactured for regional markets. | Sydney, Australia, Australia | 1885 |
SISCOL
|
End-to-end steel structure solutions are provided for construction projects. | Delhi, India, India | 2017 |
Shyam Steel
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Manufacturer and supplier of TMT rebar, billets, sponge iron and ferro alloys | Kolkata, India, India | 1953 |
Nucor
|
Steel products including bars, sheets, joists, and decks are manufactured. | Charleston, United States, United States | 1955 |
SSAB
|
Manufacturer of steel products including sheet, plate, coil, tube, and profiles | Stockholm, Sweden, Sweden | 1978 |
Feralpi Group
|
Iron and steel for construction are manufactured by Feralpi Group. | - | 1968 |
Steele Solutions
|
Steel mezzanines and structures are manufactured for industrial applications. | Franklin, United States, United States | 1996 |
Emirates Steel Arkan
|
Steel and building materials producer company | Abu Dhabi, United Arab Emirates, United Arab Emirates | 1998 |
Business Activity of Rhetan Tmt Limited
Rhetan Tmt Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Rhetan Tmt Limited
Rhetan Tmt Limited is audited by GMCA & Co. (ICAI peer reviewed, certificate valid till 2026-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| GMCA & Co. (ICAI peer reviewed, certificate valid till 2026-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Rhetan Tmt Limited
Rhetan Tmt Limited is currently managed by 8 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Deepti Ghanshyam Gavali
Also directs:
Rhetan Tmt Limited, Gujarat Natural Resources Limited, Ashoka Metcast Limited and 2 more
|
Director | 01 Sep 2023 | 2 Years 10 Months | Current |
| Rushabh Rajnikantbhai Shah | Director | 22 Jan 2022 | 4 Years 5 Months | Current |
| Shalin Ashok Shah | Managing Director | 08 Jan 2022 | 4 Years 6 Months | Current |
| Ashok Chinubhai Shah | Director | 08 Jan 2022 | 4 Years 6 Months | Current |
|
Yash Vishwanath Bodade
Also directs:
Rhetan Tmt Limited, Gujarat Natural Resources Limited, Ashnisha Industries Limited and 2 more
|
Director | 12 Aug 2024 | 1 Years 10 Months | Current |
| Swapnil Sharad Shimpi | Additional Director | 10 Nov 2025 | 0 Years 7 Months | Current |
Financials of Rhetan Tmt Limited FY 2026 filings available
Rhetan Tmt Limited reported revenue of ₹24.44 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹24.44 Cr |
| Other Income | ₹8.52 Cr |
| Total Income | ₹32.96 Cr |
| Cost of Materials Consumed | ₹18.07 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹5.08 Cr |
| Employee Benefit Expense | ₹1.23 Cr |
| Finance Costs | ₹1.42 Cr |
| Depreciation & Amortisation | ₹55.96 Lakh |
| Other Expenses | ₹3.6 Cr |
| Total Expenses | ₹19.79 Cr |
| Profit Before Exceptional Items & Tax | ₹13.17 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹13.17 Cr |
| Total Tax Expense | ₹2.87 Cr |
| Net Profit | ₹10.3 Cr |
| Other Comprehensive Income | ₹0 |
| Total Comprehensive Income | ₹10.3 Cr |
| EBITDA (computed) | ₹15.14 Cr |
| Basic EPS | ₹0.18 |
| Diluted EPS | ₹0.18 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹165.12 Cr |
| Non-current Assets | ₹41.4 Cr |
| Current Assets | ₹123.72 Cr |
| Property, Plant & Equipment | ₹15.95 Cr |
| Inventories | ₹50.98 Cr |
| Trade Receivables | ₹24.44 Cr |
| Cash & Equivalents | ₹30.24 Lakh |
| Equity (Net Worth) | ₹108.61 Cr |
| Equity Share Capital | ₹79.69 Cr |
| Borrowings (Non-current) | ₹26.94 Cr |
| Borrowings (Current) | ₹14.79 Cr |
| Total Debt (computed) | ₹41.73 Cr |
| Current Liabilities | ₹29.09 Cr |
| Total Liabilities | ₹56.5 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹1.34 Cr |
| Investing Cash Flow | -₹8.7 Cr |
| Financing Cash Flow | ₹7.36 Cr |
| Capital Expenditure | ₹0 |
| Free Cash Flow (computed) | ₹1.34 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹46,000 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹8.49 Cr | ₹6.15 Cr | ₹4.76 Cr |
| Other Income | ₹2.22 Cr | ₹3.17 Cr | ₹2.45 Cr |
| Total Income | ₹10.71 Cr | ₹9.33 Cr | ₹7.21 Cr |
| Cost of Materials Consumed | ₹6.53 Cr | ₹3.98 Cr | ₹3.91 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹2.03 Cr | -₹1.15 Cr | -₹74.25 Lakh |
| Employee Benefit Expense | ₹30.96 Lakh | ₹33.82 Lakh | ₹29.72 Lakh |
| Finance Costs | ₹31.82 Lakh | ₹33.62 Lakh | ₹37.67 Lakh |
| Depreciation & Amortisation | ₹14.05 Lakh | ₹13.97 Lakh | ₹13.98 Lakh |
| Other Expenses | ₹1.14 Cr | ₹60.63 Lakh | ₹19.98 Lakh |
| Total Expenses | ₹6.41 Cr | ₹4.24 Cr | ₹4.18 Cr |
| Profit Before Exceptional Items & Tax | ₹4.3 Cr | ₹5.08 Cr | ₹3.03 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹4.3 Cr | ₹5.08 Cr | ₹3.03 Cr |
| Total Tax Expense | ₹2.08 Cr | ₹63.59 Lakh | ₹15.7 Lakh |
| Net Profit | ₹2.22 Cr | ₹4.45 Cr | ₹2.87 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹2.22 Cr | ₹4.45 Cr | ₹2.87 Cr |
| EBITDA (computed) | ₹4.75 Cr | ₹5.56 Cr | ₹3.55 Cr |
| Basic EPS | ₹0.08 | ₹0.06 | ₹0.04 |
| Diluted EPS | ₹0.08 | ₹0.06 | ₹0.04 |
Shareholding Pattern of Rhetan Tmt Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 62.12%, foreign institutional investors hold 0.87%, retail and other public shareholders hold 37.02% of Rhetan Tmt Limited. The company had 78,105 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|
| Promoters | 62.12% | 62.12% | 62.12% |
| Public | 37.88% | 37.88% | 37.88% |
Board & Governance of Rhetan Tmt Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Rhetan Tmt Limited has 6 directors - 4 independent and 1 executive. The board is chaired by Ashok Chinubhai Shah.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Shalin Ashok Shah | Executive Director · MD | 1996-11-15 | 5 |
| Ashok Chinubhai Shah | Non-Executive - Non Independent Director · Chairperson | 2013-11-01 | 5 |
| Rushabh Rajnikantbhai Shah | Non-Executive - Independent Director | 2022-01-22 | 2 |
| Deepti Ghanshyam Gavali | Non-Executive - Independent Director | 2023-09-01 | 4 |
| Swapnil Sharad Shimpi | Non-Executive - Independent Director | 2025-11-10 | 4 |
| Yash Vishwanath Bodade | Non-Executive - Independent Director | 2024-08-12 | 3 |
| Committee | Members |
|---|---|
| Audit Committee | Rushabh Rajnikantbhai Shah (Chairperson), Deepti Ghanshyam Gavali, Ashok Chinubhai Shah |
| Nomination and remuneration committee | Rushabh Rajnikantbhai Shah (Chairperson), Deepti Ghanshyam Gavali, Ashok Chinubhai Shah |
| Stakeholders Relationship Committee | Rushabh Rajnikantbhai Shah (Chairperson), Deepti Ghanshyam Gavali, Ashok Chinubhai Shah |
| Risk Management Committee | Shalin Ashok Shah (Chairperson), Rushabh Rajnikantbhai Shah, Ashok Chinubhai Shah |
| Corporate Social Responsibility Committee | Rushabh Rajnikantbhai Shah (Chairperson), Shalin Ashok Shah, Ashok Chinubhai Shah |
Charges & Borrowings of Rhetan Tmt Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2018 | Others | ₹18.55 Cr | Open |
| 08 Dec 1998 | Charotar Nagrik Sahkari Bank Ltd | ₹1.5 Cr | Satisfied |
| 08 Dec 1998 | Charotar Nagrik Sahkari Bank Ltd | ₹1.14 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Rhetan Tmt Limited
Rhetan Tmt Limited has a workforce of 2 employees as of Apr 10, 2024.
Employee Count & EPFO Data of Rhetan Tmt Limited
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GST Compliance of Rhetan Tmt Limited
GSTIN & GST Filing Data of Rhetan Tmt Limited
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Credit Ratings, Litigation & Regulatory Alerts for Rhetan Tmt Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Rhetan Tmt Limited
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MSME Payment Delays by Rhetan Tmt Limited
MSME Payment Delays by Rhetan Tmt Limited
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Subsidiaries & Group Companies of Rhetan Tmt Limited
Subsidiaries & Group Companies of Rhetan Tmt Limited
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MCA Filings & Documents of Rhetan Tmt Limited
MCA Filings & Documents of Rhetan Tmt Limited
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Recent Activity on Rhetan Tmt Limited
Frequently Asked Questions about Rhetan Tmt Limited
Rhetan Tmt Limited is an active public limited company in the metals and minerals sector based in Ahmedabad, Gujarat, India. It was incorporated on 26 June 1984 (42+ years old) and is registered under CIN L27100GJ1984PLC007041. Listed on BSE: 543590. The company has 2 employees.
Rhetan Tmt Limited reported revenue of ₹38.74 Cr for FY 2025 (down 41.00% YoY).
The current directors of Rhetan Tmt Limited are:
- Deepti Ghanshyam Gavali
- Subha Ranjan Dash
- Rushabh Rajnikantbhai Shah
- Shalin Ashok Shah
- Ashok Chinubhai Shah
- Yash Vishwanath Bodade
- Riddhi Mit Shah
- Swapnil Sharad Shimpi
The primary industry of Rhetan Tmt Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Yes. Rhetan Tmt Limited is listed on BSE with code 543590.
Rhetan Tmt Limited can be reached at the registered office: 7Th Floor Ashoka Chambers Rasala Marg Mithakhali, Ahmedabad, Gujarat, India – 380006, or through the website rhetan.com.