Rama Steel Tubes Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Manufacturing - Steel Pipe: 83.4% • Trading- Steel Pipe & Steel Products: 16.6%
AI Sector View
AI GENERATEDMetals & Mining
The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.
PROS
- Company has delivered good profit growth of 59.1% CAGR over last 5 years
- Company has delivered good sales growth of 23.6% CAGR over last 5 years
- Company maintains a comfortable, low leverage position
- Institutional investors have been accumulating - FII+DII up 2.2pp
- Company converts assets efficiently - asset turnover of 1.7x
CONS
- A large part of profit comes from other income (106.4% of PBT)
- Recent results are weak - TTM profit is down 48.8% versus prior year
- Promoter holding has decreased over last 2 years: -22.1pp
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of 10.2%
- Company has a low return on equity of 8.6% over last 3 years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEEL | 1267.50 | 12.51 | 309961.29 | 0.56 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| TATASTEEL | 182.85 | 20.69 | 228259.99 | 2.19 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| SAIL | 179.00 | 17.31 | 73936.40 | 1.31 | 1644.05 | 120.80 | 26245.67 | 1.25 | 7.08 | 15.92 |
| WELCORP | 2676.25 | 30.57 | 70596.97 | 0.19 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| JSL | 755.20 | 19.16 | 62260.17 | 0.53 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| APLAPOLLO | 2153.00 | 48.64 | 59779.85 | 0.39 | 263.11 | 10.94 | 5606.71 | 12.07 | 31.83 | 7.34 |
| SHYAMMETL | 1074.35 | 26.70 | 29988.53 | 0.42 | 3507.30 | 1106.63 | 54550.90 | 1133.35 | 13.88 | 14.03 |
| JINDALSAW | 311.85 | 30.52 | 19943.06 | 0.64 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| RATNAMANI | 2808.15 | 45.47 | 19682.88 | 0.36 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| SARDAEN | 524.75 | 16.37 | 18491.21 | 0.38 | 478.13 | 9.50 | 1608.04 | -1.07 | 17.76 | 41.59 |
| GPIL | 244.50 | 20.41 | 16460.69 | 0.41 | 222.37 | 2.75 | 1750.47 | 32.29 | 20.20 | 19.36 |
| RAMASTEEL | 3.93 | 49.60 | 642.96 | 0.00 | 5.45 | 9.87 | 223.34 | -16.71 | 8.70 | 2.73 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 219 | 156 | 211 | 208 | 158 | 220 | 225 | 237 | 243 | 279 | 244 | 188 | 174 | |
| 209 | 149 | 200 | 199 | 154 | 223 | 223 | 230 | 242 | 275 | 239 | 187 | 173 | |
| Operating Profit | 11 | 6 | 12 | 8 | 5 | -3 | 1 | 8 | 1 | 4 | 5 | 1 | 1 |
| OPM % | 4.91% | 4.04% | 5.48% | 3.98% | 3.03% | -1.49% | 0.60% | 3.17% | 0.22% | 1.34% | 1.98% | 0.58% | 0.48% |
| 1 | 1 | 2 | 5 | 2 | 10 | 6 | 2 | 11 | 3 | 3 | 4 | 1 | |
| Interest | 3 | 1 | 5 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before Tax | 8 | 5 | 8 | 9 | 3 | 4 | 4 | 7 | 8 | 4 | 5 | 2 | 2 |
| Tax % | 26.70% | 25.09% | 24.40% | 20.65% | 19.57% | 33.56% | 8.14% | 37.29% | 24.06% | 28.10% | 23.99% | 27.59% | -84.15% |
| Net Profit | 6 | 4 | 6 | 7 | 3 | 3 | 4 | 4 | 6 | 3 | 4 | 1 | 4 |
| 0.12 | 0.08 | 0.08 | 0.14 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.01 | 0.03 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 215 | 235 | 334 | 405 | 292 | 326 | 517 | 1,010 | 794 | 840 | 886 | |
| 202 | 216 | 314 | 390 | 286 | 315 | 495 | 977 | 757 | 830 | 875 | |
| Operating Profit | 14 | 19 | 20 | 14 | 6 | 11 | 22 | 33 | 37 | 10 | 10 |
| OPM % | 6.33% | 8.00% | 6.05% | 3.51% | 2.03% | 3.38% | 4.23% | 3.25% | 4.64% | 1.24% | 1.19% |
| 3 | 4 | 4 | 6 | 7 | 3 | 4 | 4 | 10 | 20 | 11 | |
| Interest | 6 | 8 | 6 | 8 | 8 | 6 | 8 | 11 | 12 | 7 | 7 |
| Depreciation | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 5 | 4 |
| Profit before Tax | 8 | 12 | 16 | 10 | 3 | 7 | 15 | 22 | 30 | 19 | 13 |
| Tax % | 33.82% | 31.16% | 35.25% | 24.51% | 48.87% | 20.71% | 27.60% | 26.83% | 23.98% | 26.77% | 7.13% |
| Net Profit | 5 | 8 | 11 | 8 | 1 | 5 | 11 | 16 | 23 | 14 | 12 |
| EPS | 3.41 | 0.00 | 0.00 | 0.00 | 0.00 | 3.24 | 6.25 | 0.68 | 0.15 | 0.09 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.98% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 16%
- 5 Years:
- 24%
- 3 Years:
- 18%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 35%
- 5 Years:
- 59%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 10%
- 5 Years:
- 5%
- 3 Years:
- -31%
- 1 Year:
- -62%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 9%
- 3 Years:
- 9%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 8 | 8 | 8 | 8 | 8 | 8 | 47 | 154 | 155 | |
| 17 | 38 | 64 | 73 | 75 | 80 | 90 | 139 | 135 | 156 | |
| 54 | 54 | 51 | 71 | 70 | 76 | 118 | 129 | 97 | 69 | |
| Trade Payables | 13 | 15 | 4 | 19 | 30 | 22 | 46 | 21 | 84 | 126 |
| 11 | 15 | 11 | 6 | 5 | 7 | 11 | 37 | 19 | 14 | |
| Total Liabilities | 104 | 129 | 137 | 177 | 188 | 194 | 273 | 372 | 490 | 520 |
| 17 | 20 | 25 | 24 | 23 | 34 | 32 | 75 | 79 | 74 | |
| Capital Work in Progress | 1 | 0 | 0 | 1 | 7 | 2 | 6 | 1 | 1 | 3 |
| 13 | 6 | 12 | 14 | 16 | 14 | 13 | 17 | 14 | 12 | |
| 32 | 51 | 33 | 48 | 27 | 57 | 91 | 63 | 70 | 50 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 128 | 168 | |
| Cash & Bank | 5 | 6 | 6 | 6 | 7 | 5 | 1 | 4 | 9 | 5 |
| 36 | 46 | 62 | 85 | 108 | 82 | 129 | 212 | 189 | 209 | |
| Total Assets | 104 | 129 | 137 | 177 | 188 | 194 | 273 | 372 | 490 | 520 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | -5 | 10 | -6 | 15 | 5 | -31 | -43 | -7 | 15 | |
| Cash from Investing | -2 | 3 | -5 | -1 | -5 | -6 | -3 | -44 | -4 | 9 |
| Cash from Financing | -5 | 7 | -1 | 12 | -9 | 1 | 33 | 94 | 17 | -29 |
| -2 | 1 | -0 | 0 | 0 | -2 | -4 | 2 | 6 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-08 - Rama Steel Tubes Limited has informed the Exchange about Copy of Newspaper Publication.
2026-09-07 - Rama Steel Tubes Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
2026-09-01 - Rama Steel Tubes Limited has informed the Exchange about Copy of Newspaper Publication.
2026-08-15 - Rama Steel Tubes Limited has informed the Exchange about Copy of Newspaper Publication.
2026-08-14 - Rama Steel Tubes Limited has informed the Exchange regarding Change in Auditors of the company.
2026-08-14 - Rama Steel Tubes Limited has informed the Exchange regarding Appointment of Mrs. Anju Kumari as Non- Executive Independent Director of the company w.e.f. October 01, 2026.
2026-08-14 - Rama Steel Tubes Limited has submitted to the Exchange, the Unaudited Financial Results (Standalone and Consolidated) for the period ended Jun 30, 2026.
2026-07-17 - Rama Steel Tubes Limited has informed the Exchange about sale of unit.
2026-07-13 - Rama Steel Tubes Limited has informed the Exchange about Credit Rating-withdrawn.
News
Recent coverage and analyst commentary for RAMASTEEL
Loading news…
AI Stock Analyst
Rama Steel Tubes Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account