Rama Steel Tubes Ltd
RAMASTEELRama Steel Tubes Ltd
RAMASTEEL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 66.30 | 5.10 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 44.04 | 6.39 | 0.61% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rama Steel Tubes Limited is engaged in the manufacturing and trading of steel pipes.
Peers
Compare with peersAPL Apollo Tubes Ltd
Astral Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Finolex Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 245.03 | 263.60 | 381.70 | 509.24 | 358.78 | 477.98 | 777.38 | 1,345.23 | 1,051.57 | 1,022.98 | ||||||||||
Raw Materials | 207.26 | 223.20 | 339.45 | 472.96 | 331.31 | 434.29 | 707.97 | 1,349.72 | 952.01 | 967.66 | ||||||||||
| Power & Fuel Cost | 4.25 | 3.91 | 2.58 | 3.35 | 3.11 | 2.89 | 3.99 | 4.57 | 6.88 | |||||||||||
| Employee Cost | 3.12 | 3.44 | 4.65 | 5.91 | 6.97 | 7.22 | 11.34 | 13.17 | 12.62 | |||||||||||
| Selling & Administrative Expenses | 6.77 | 6.08 | 5.61 | 3.62 | 6.69 | 7.00 | 13.14 | 16.00 | 13.67 | |||||||||||
| Operating & Other expenses | 5.98 | 3.26 | 2.14 | 1.87 | -3.94 | 0.71 | -10.18 | -98.12 | 1.97 | |||||||||||
EBITDA | 17.65 | 23.71 | 27.27 | 21.53 | 14.64 | 25.87 | 51.12 | 59.89 | 64.42 | 55.32 | ||||||||||
| Depreciation/Amortization | 2.85 | 2.91 | 2.33 | 2.76 | 2.90 | 3.46 | 4.27 | 4.73 | 5.64 | 6.03 | ||||||||||
| PBIT | 14.80 | 20.80 | 24.94 | 18.77 | 11.74 | 22.41 | 46.85 | 55.16 | 58.78 | 49.29 | ||||||||||
| Interest & Other Items | 6.18 | 7.68 | 6.50 | 9.37 | 9.63 | 7.70 | 10.89 | 20.21 | 21.25 | 16.00 | ||||||||||
| PBT | 8.62 | 13.12 | 18.44 | 9.40 | 2.11 | 14.71 | 35.96 | 34.95 | 37.53 | 33.29 | ||||||||||
| Taxes & Other Items | 2.61 | 3.66 | 5.73 | 1.02 | 1.68 | 2.33 | 8.63 | 8.30 | 8.41 | 6.59 | ||||||||||
| Net Income | 6.01 | 9.46 | 12.71 | 8.38 | 0.43 | 12.38 | 27.33 | 26.65 | 29.12 | 26.70 | ||||||||||
| EPS | 0.00 | 0.08 | 0.10 | 0.07 | 0.00 | 0.10 | 0.22 | 0.20 | 0.20 | 0.17 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Rama Steel Tubes Ltd | 60.79 | 5.10 | — |
| APL Apollo Tubes Ltd | 55.58 | 11.29 | 0.37% |
| Astral Ltd | 73.47 | 12.27 | 0.25% |
| Ratnamani Metals and Tubes Ltd | 33.76 | 6.54 | 0.47% |
Price Comparison
Compare RAMASTEEL with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 8.36%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.82%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 24, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Feb 24, 2022
The company has reported sales volume of 139,956.23 tons for 9MFY25 compared to 131,137.81 tons posted in 9MFY24, up 6.72% YoY. Rama Steel Tubes is engaged in the business of manufacturing steel pipes and related products. The company reported a 34.6% decline in consolidated net profit to Rs 4.05 crore in Q2 FY25 as against Rs 6.19 crore posted in Q2 FY24. Net sales rallied 29.4% year on year to Rs 263.05 crore during the quarter ended 30 September 2024. The scrip shed 0.57% to currently trade at Rs 12.29 on the BSE.Powered by Capital Market - Live
Rama Steel Tubes announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 4 January 2025.Powered by Capital Market - Live
Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 10 December 2024Powered by Capital Market - Live
The Board of Rama Steel Tubes will meet on 10 December 2024 to consider and approve the further issue of equity shares, by way of a preferential issue along with other matters. Powered by Capital Market - Live
Net profit of Rama Steel Tubes declined 34.57% to Rs 4.05 crore in the quarter ended September 2024 as against Rs 6.19 crore during the previous quarter ended September 2023. Sales rose 29.37% to Rs 263.05 crore in the quarter ended September 2024 as against Rs 203.33 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales263.05203.33 29 OPM %0.225.98 - PBDT7.329.34 -22 PBT5.928.01 -26 NP4.056.19 -35 Powered by Capital Market - Live
Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 were 37,365.55 tons in Q1 FY25. The company has reported sales volume of 88,287.22 tons for H1 FY25 compared to 84,218.01 tons posted in H1 FY24, up 5% YoY. Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products. The company reported 10% decline in consolidated net profit to Rs 6.36 crore in Q1 FY25 as against Rs 7.07 crore posted in Q1 FY24. Revenue from operations fell 30.7% year on year to Rs 216.64 crore during the quarter ended 30 June 2024. The scrip declined 3.22% to currently trade at Rs 13.84 on the BSE. Powered by Capital Market - Live
Rama Steel Tubes has reduced its total sanctioned Bank Loans Limits by Rs 13.27 crore in its wholly owned subsidiary-Lepakshi Tubes. Over the period of one year company has reduced total sanctioned loans limits by 64.16% i.e. Rs 223.27 crore against overall total sanctioned loans limit of Rs 348.00 crore, including Lepakshi Tubes. Powered by Capital Market - Live
Rama Steel Tubes announced that the 50th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Shubham Polyspin Ltd, United Drilling Tools Ltd, GIC Housing Finance Ltd and Indraprastha Medical Corporation Ltd are among the other losers in the BSE's 'B' group today, 09 September 2024.Rama Steel Tubes Ltd crashed 10.00% to Rs 14.94 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 364.06 lakh shares were traded on the counter so far as against the average daily volumes of 92.7 lakh shares in the past one month.Shubham Polyspin Ltd lost 7.83% to Rs 28.12. The stock was the second biggest loser in 'B' group.On the BSE, 38712 shares were traded on the counter so far as against the average daily volumes of 72115 shares in the past one month.United Drilling Tools Ltd tumbled 6.78% to Rs 252.9. The stock was the third biggest loser in 'B' group.On the BSE, 12975 shares were traded on the counter so far as against the average daily volumes of 4987 shares in the past one month.GIC Housing Finance Ltd shed 5.69% to Rs 222.95. The stock was the fourth biggest loser in 'B' group.On the BSE, 51786 shares were traded on the counter so far as against the average daily volumes of 15399 shares in the past one month.Indraprastha Medical Corporation Ltd slipped 5.57% to Rs 445.15. The stock was the fifth biggest loser in 'B' group.On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 66275 shares in the past one month.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.61%, vs industry avg of 13.98%
Increasing Market Share
Over the last 5 years, market share increased from 1.03% to 1.14%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 28.29%, vs industry avg of 21.77%