Rama Steel Tubes Ltd.

RAMASTEEL

₹11.71

0.77% (0.09)

Market Cap

₹1,823 Cr.

P/E

80.12

About

Rama Steel Tubes Limited (RSTL) stands tall as a trailblazing pioneer in the steel tube industry, leading the charge with innovation and unwavering excellence. The company is engaged in the business o… Read more

Rama Steel Tubes Limited (RSTL) stands tall as a trailblazing pioneer in the steel tube indust… Read more

Low

52W Range

High

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

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In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	16.51	22.55	38.02	37.53	37.14	47.46	52.75	102	106	98.05
Shareholders Funds	26.72	52.38	78.74	87.01	87.83	99.94	127	250	335	364
Profit & Loss
Operating Profit	14.58	19.83	22.27	16.44	8.67	18.32	42.55	51.42	59.36	29.02
Net Sales	242	260	377	504	353	470	768	1,337	1,047	1,048
Cash flow
Cash from Operating Activity	4.99	-6.98	4.86	-17.37	29.80	24.72	-34.98	-96.16	18.09	—
Net Capex (est)	2.29	12.82	10.49	3.10	6.61	11.52	11.20	49.77	8.67	—
Ratios
ROCE (%)	33.76	30.61	25.36	15.07	8.70	16.02	29.68	18.07	15.47	—
ROE (%)	22.54	18.07	16.15	9.62	0.49	12.38	21.57	10.66	8.69	—

Forensics

7 Yes

Positive for this company

3 Neutral

Neutral for this company

7 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Promoter Holding

Promoter has not sold any shares in the last 90 days
Depreciation Effect

Company is depreciating a lower percentage of assets. this is contributing to an increase in net profit
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Sales Growth

Sales of the company has grown at a good pace
ROCE Strength

Roce of the company is consistently strong
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Debt

Company might have issues servicing its debt
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile

Revenue mix

Product Wise Break-Up

Segment Break-Up

Location Wise Break-Up

Operating Profit Break-Up

Asset Break-Up

Operational Metrics

Realization/Tonne - Steel (Rs/MT)

Rama Steel Tubes Ltd.

Realization/Tonne - Steel (Rs/MT)
Source
Manufacturing Capacity - Steel Pipes (MTPA)
Source
Capacity Utilization - Steel Pipes (%)
Source
EBITDA/Tonne - Steel (Rs/Tonne)
Source
Quarterly Sales Volume - Steel Pipes (Tonnes)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Rama Steel Tubes	11.71	79.64	1,812	47.96	9.29	15.47	8.69
Hi-Tech Pipes	95.77	26.47	1,931	43.97	7.74	14.1	7.64
Aeroflex Industries	161.75	39.84	2,092	66.99	17.9	20.37	14.24
Hariom Pipe Inds.	383.3	19.39	1,197	57.26	20.79	18.52	12.25
JTL Industries	64.69	25.7	2,540	48.91	0.73	19.94	14.59
Man Industries	385.55	17.22	2,637	46.21	50.3	14.64	7.48
Gandhi Spl. Tubes	712.55	14.66	860	73.53	9.86	31.62	24.95
Venus Pipes & Tubes	1,407.1	31.21	2,899	48.12	15.19	30.7	21.17

Corporate Actions

Consolidated BonusDividendSplit

DATE

DETAILS

2024, Mar 19

Bonus 2 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

2023, Jan 06

Bonus 4 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

2022, Aug 25

Split 1 shares held will now become 5. New number of shares should be credited and listed within 1 day after the ex-date.

2022, Feb 24

Dividend Dividend of Rs.0.5 per share

2016, Mar 14

Bonus 4 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

Customers

Ashok Leyland Ltd.
Bajaj Auto Ltd.
Bharti Airtel Ltd.
DLF Ltd.
Larsen & Toubro Ltd.
NTPC Ltd.
Reliance Industries Ltd.
Steel Authority Of India Ltd.
Tata Motors Ltd.
BSNL
HP
Gas Authority Of India Limited
BSES Delhi
Rural Electrification Corporation Ltd.

Showing 5 of 14

FAQs on Rama Steel Tubes Ltd. Business

What does Rama Steel Tubes do?

Rama Steel Tubes Limited is a pioneering company in the steel tube industry, known for its innovation and excellent products. They specialize in manufacturing steel pipes and tubes at their facilities in Uttar Pradesh and Maharashtra.

Who are the competitors of Rama Steel Tubes?

Rama Steel Tubes major competitors are Hi-Tech Pipes, Aeroflex Industries, Hariom Pipe Inds., JTL Industries, Man Industries, Gandhi Spl. Tubes, Venus Pipes & Tubes.
Market Cap of Rama Steel Tubes is ₹1,812 Crs.
While the median market cap of its peers are ₹2,092 Crs.

Is Rama Steel Tubes financially stable compared to its competitors?

Rama Steel Tubes seems to be less financially stable compared to its competitors.
Altman Z score of Rama Steel Tubes is 5.07 and is ranked 6 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Company Filing

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Earnings Release	May	Mar Dec	Mar Jun Sep Dec	Mar Sep Dec	Mar Jun				Mar Jun Sep Dec	Jun Dec
Investor Presentation			Jun	Feb Mar Jun	Jun Sep Dec				Mar Jun Sep	Jun Sep Dec
Conference Call				Sep
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Discussions & Analysis

Rama Steel Tubes Ltd.

View the discussion on ValuePickr

Steel Pipes

Steel Pipes Industry Overview - SOIC

Will Water Industry be the next Mega Theme? - SOIC

WATER Sector Analysis - Pipes - Sadhan

Steel Sector

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Steel Sector Overview - Kirtan A Shah

A Deeper Look at the Indian Steel Pipe Industry - Capital Mind

Understanding The Steel Industry: A Deep Dive Into The Value Chain - Medha Nair

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Role of die-casting industry in electric vehicles - MfgTechUpdate

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Rama Steel Tubes Ltd.

Rama Steel Tubes Ltd.

About

Timeline

Company Timeline

7 Yes

3 Neutral

7 No

0 No Data

Accounting & Shareholding

Contingent Liabilities

Other Income

Pledge

Promoter Holding

Depreciation Effect

Retail Holding

Revenue Recognition

Price & Performance

ROE

Working Capital

Sales Growth

ROCE Strength

Capex vs ROCE

Balance Sheet Strength

Current vs Historic Valuation

Debt

Share price

Margin Stability

Product Wise Break-Up

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Segment Break-Up

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Location Wise Break-Up

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Operating Profit Break-Up

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Asset Break-Up

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Realization/Tonne - Steel (Rs/MT)

Realization/Tonne - Steel (Rs/MT)

What does Rama Steel Tubes do?

Who are the competitors of Rama Steel Tubes?

Is Rama Steel Tubes financially stable compared to its competitors?

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