Rama Steel Tubes Ltd
Incorporated in 1974, Rama steel tubes is one of the leading manufacturers of Steel Pipes & Tubes, Rigid PVC & G.I. Pipes and square section products in India. [1]
- Market Cap ₹ 2,035 Cr.
- Current Price ₹ 13.8
- High / Low ₹ 16.8 / 10.0
- Stock P/E 79.8
- Book Value ₹ 1.81
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 11.6 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 88.4 days to 67.8 days
Cons
- Stock is trading at 7.61 times its book value
- Promoter holding has decreased over last quarter: -0.53%
- Company has a low return on equity of 10.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
154 | 185 | 181 | 192 | 215 | 235 | 334 | 405 | 292 | 326 | 517 | 1,010 | 923 | |
150 | 182 | 176 | 187 | 202 | 216 | 314 | 390 | 286 | 315 | 496 | 977 | 877 | |
Operating Profit | 3 | 3 | 5 | 6 | 14 | 19 | 20 | 14 | 6 | 11 | 21 | 33 | 46 |
OPM % | 2% | 2% | 3% | 3% | 6% | 8% | 6% | 4% | 2% | 3% | 4% | 3% | 5% |
2 | 6 | 4 | 3 | 3 | 3 | 4 | 6 | 7 | 5 | 4 | 4 | 5 | |
Interest | 4 | 5 | 5 | 5 | 6 | 8 | 6 | 8 | 8 | 6 | 8 | 11 | 13 |
Depreciation | 1 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
Profit before tax | 0 | 2 | 2 | 1 | 8 | 12 | 16 | 10 | 3 | 7 | 15 | 22 | 34 |
Tax % | 35% | 31% | 13% | 22% | 34% | 31% | 35% | 24% | 49% | 21% | 28% | 27% | |
0 | 1 | 2 | 1 | 5 | 8 | 11 | 8 | 1 | 5 | 11 | 16 | 25 | |
EPS in Rs | 0.01 | 0.06 | 0.12 | 0.01 | 0.05 | 0.07 | 0.08 | 0.06 | 0.01 | 0.04 | 0.08 | 0.12 | 0.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 25% |
3 Years: | 51% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 31% |
5 Years: | 9% |
3 Years: | 129% |
TTM: | 161% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 59% |
3 Years: | 143% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 1 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 47 | 51 |
Reserves | 16 | 17 | 19 | 18 | 17 | 38 | 64 | 73 | 75 | 80 | 90 | 139 | 217 |
Preference Capital | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
47 | 41 | 39 | 55 | 57 | 53 | 50 | 70 | 69 | 76 | 118 | 128 | 96 | |
7 | 12 | 16 | 22 | 22 | 29 | 13 | 24 | 36 | 28 | 54 | 57 | 73 | |
Total Liabilities | 70 | 70 | 75 | 96 | 104 | 128 | 135 | 176 | 188 | 193 | 271 | 370 | 437 |
15 | 15 | 14 | 12 | 16 | 23 | 29 | 27 | 27 | 38 | 36 | 79 | 81 | |
CWIP | 0 | 0 | 1 | 6 | 1 | 0 | 0 | 1 | 7 | 2 | 6 | 1 | 2 |
Investments | 2 | 2 | 3 | 13 | 13 | 3 | 8 | 10 | 13 | 14 | 13 | 17 | 15 |
54 | 52 | 57 | 65 | 73 | 102 | 98 | 137 | 142 | 140 | 215 | 273 | 338 | |
Total Assets | 70 | 70 | 75 | 96 | 104 | 128 | 135 | 176 | 188 | 193 | 271 | 370 | 437 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | 13 | 8 | 3 | 5 | -8 | 6 | -11 | 14 | 4 | -33 | -48 | |
-2 | -2 | -3 | -7 | -2 | 3 | -5 | -1 | -5 | -6 | -3 | -44 | |
6 | -11 | -4 | 9 | -5 | 7 | -1 | 12 | -9 | 1 | 33 | 94 | |
Net Cash Flow | -0 | 0 | 0 | 5 | -2 | 1 | -0 | 0 | 0 | -2 | -4 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 33 | 33 | 35 | 21 | 33 | 47 | 35 | 44 | 69 | 39 | 52 | 43 |
Inventory Days | 57 | 36 | 47 | 55 | 62 | 93 | 40 | 46 | 37 | 70 | 70 | 24 |
Days Payable | 6 | 12 | 17 | 5 | 26 | 27 | 4 | 18 | 41 | 27 | 36 | 8 |
Cash Conversion Cycle | 84 | 57 | 66 | 71 | 70 | 114 | 71 | 72 | 65 | 82 | 87 | 60 |
Working Capital Days | 87 | 58 | 60 | 65 | 71 | 104 | 82 | 86 | 97 | 96 | 101 | 68 |
ROCE % | 6% | 11% | 11% | 9% | 17% | 21% | 20% | 13% | 7% | 8% | 12% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Raising of Funds
2d - Rama Steel Tubes Limited has informed the Exchange regarding ''Raising of Fund through Further Public Offering''.
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Announcement under Regulation 30 (LODR)-Raising of Funds
22 Apr - Rama Steel Tubes Limited has informed the Exchange about Further public offer
- Board Meeting Outcome for Rama Steel Tubes Limited Has Informed The Exchange Regarding Board Meeting Held On April 22, 2024. 22 Apr
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of The SEBI (LODR) Regulations, 2015 To Consider Fund Raising And Other Matters. 11 Apr
- Certificate Under Regulation 40(9) And (10) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024. 10 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Product Portfolio
Company is into manufacturing and trading steel tubes and pipes and galvanised iron pipes. Its product range includes MS ERW black pipes and galvanised iron pipes in light, medium and heavy sizes. [1] [2]