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 ₹ 1,597 Cr.
- Current Price ₹ 10.3
- High / Low ₹ 17.6 / 8.41
- Stock P/E 73.6
- Book Value ₹ 2.34
- Dividend Yield 0.00 %
- ROCE 8.50 %
- ROE 6.51 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company's median sales growth is 25.7% of last 10 years
Cons
- Stock is trading at 4.42 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.46% over last 3 years.
- Earnings include an other income of Rs.26.5 Cr.
- Promoter holding has decreased over last 3 years: -22.6%
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
192 | 242 | 260 | 377 | 504 | 353 | 470 | 768 | 1,337 | 1,047 | 1,048 | 1,100 | |
187 | 227 | 240 | 354 | 488 | 344 | 452 | 726 | 1,285 | 987 | 1,019 | 1,080 | |
Operating Profit | 6 | 15 | 20 | 22 | 16 | 9 | 18 | 42 | 51 | 59 | 29 | 19 |
OPM % | 3% | 6% | 8% | 6% | 3% | 2% | 4% | 5% | 4% | 6% | 3% | 2% |
3 | 3 | 4 | 5 | 5 | 6 | 8 | 9 | 8 | 5 | 17 | 26 | |
Interest | 5 | 6 | 8 | 6 | 9 | 10 | 8 | 11 | 20 | 21 | 12 | 11 |
Depreciation | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 4 | 5 | 6 | 6 | 6 |
Profit before tax | 1 | 9 | 13 | 18 | 9 | 2 | 15 | 36 | 35 | 38 | 29 | 29 |
Tax % | 22% | 30% | 28% | 31% | 11% | 80% | 16% | 24% | 22% | 20% | 21% | |
1 | 6 | 9 | 13 | 8 | 0 | 12 | 27 | 27 | 30 | 23 | 21 | |
EPS in Rs | 0.01 | 0.05 | 0.08 | 0.10 | 0.07 | 0.00 | 0.10 | 0.22 | 0.19 | 0.19 | 0.15 | 0.14 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 24% |
3 Years: | 11% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 42% |
5 Years: | 121% |
3 Years: | -6% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 82% |
3 Years: | 9% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 47 | 154 | 155 |
Reserves | 18 | 18 | 44 | 70 | 79 | 79 | 92 | 118 | 204 | 181 | 209 |
56 | 58 | 57 | 63 | 90 | 83 | 85 | 138 | 193 | 145 | 89 | |
21 | 23 | 26 | 11 | 24 | 67 | 62 | 94 | 252 | 254 | 305 | |
Total Liabilities | 96 | 107 | 135 | 153 | 200 | 238 | 248 | 358 | 695 | 734 | 758 |
12 | 17 | 26 | 42 | 41 | 41 | 51 | 57 | 106 | 110 | 103 | |
CWIP | 6 | 1 | 1 | 0 | 1 | 7 | 4 | 6 | 1 | 1 | 10 |
Investments | 13 | 12 | 2 | 2 | 5 | 7 | 8 | 8 | 13 | 6 | 5 |
65 | 77 | 106 | 109 | 154 | 183 | 184 | 288 | 574 | 617 | 640 | |
Total Assets | 96 | 107 | 135 | 153 | 200 | 238 | 248 | 358 | 695 | 734 | 758 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
3 | 5 | -7 | 5 | -17 | 30 | 25 | -35 | -96 | 18 | 51 | |
-7 | -2 | -1 | -9 | -3 | -7 | -10 | -9 | -53 | -1 | 3 | |
9 | -5 | 10 | 6 | 17 | -17 | -6 | 41 | 143 | -13 | -66 | |
Net Cash Flow | 5 | -1 | 1 | 2 | -3 | 6 | 9 | -3 | -6 | 5 | -12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 36 | 46 | 37 | 47 | 75 | 41 | 50 | 64 | 76 | 85 |
Inventory Days | 55 | 54 | 84 | 37 | 40 | 61 | 62 | 53 | 58 | 51 | 47 |
Days Payable | 5 | 26 | 25 | 5 | 15 | 67 | 43 | 37 | 63 | 88 | 106 |
Cash Conversion Cycle | 71 | 64 | 105 | 69 | 72 | 69 | 60 | 67 | 58 | 38 | 26 |
Working Capital Days | -3 | 10 | 39 | 40 | 36 | 33 | 26 | 26 | 35 | 78 | 85 |
ROCE % | 19% | 22% | 20% | 12% | 7% | 13% | 21% | 15% | 12% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
5m - Re-appointment of Mr. Jai Prakash Gupta (DIN: 08859202) as-Non-Executive, Independent- Director of the Company
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Board Meeting Outcome for Rama Steel Tubes Limited Has informed Regarding Board Meeting Held On August 25, 2025.
8m - Board approved re-appointment of Jai Prakash Gupta as independent director from Sep 04, 2025 for five years.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug - Rama Steel Tubes Limited has informed about Copy of Newspaper Publication of unaudited financial results of the Company for the quarter ended on June 30, …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Aug - Q1FY26 revenue up 58.7%, PAT up 140.55%; new defense subsidiary and preferential share allotments.
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Announcement under Regulation 30 (LODR)-Change in Management
12 Aug - Q1 FY26 unaudited results approved; company secretary resigned and replaced; MD re-appointed for 5 years; AGM scheduled Sept 30, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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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]