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Rama Steel Tubes Ltd

(RAMASTEEL)

₹12.222.71%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rama Steel Tubes Ltd Performance

  • Day's Low

    Day's High

    ₹12.03
    Day's Price Range
    ₹12.68
  • 52 Week's Low

    52 Week's High

    ₹9.9
    52-Week Price Range
    ₹17.55
1 Month Return+ 4.84 %
3 Month Return-15.65 %
1 Year Return+ 4.67 %
Previous Close₹12.56
Open₹12.56
Volume89.43L
Upper Circuit-
Lower Circuit-
Market Cap₹1,958.33Cr

Rama Steel Tubes Ltd Key Statistics

P/E Ratio50.24
PEG Ratio-907.31
Market Cap₹1,958.33 Cr
P/B Ratio7.65
EPS0.19
Dividend Yield0
SectorSteel
ROE9.05

Rama Steel Tubes Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,958.33 Cr391.8%0.63₹30 Cr₹1,046 Cr
NA₹1,551.94 Cr165.87%0.59₹96 Cr₹621 Cr
NA₹127.31 Cr-3.9%0.67NANA
NA₹128.85 Cr103.24%0.65NANA
BUY₹2,745.08 Cr134.37%0.75₹98 Cr₹3,130 Cr

About Rama Steel Tubes Ltd

Rama Steel Tubes Limited (RSTL) was incorporated in February 1974 and is based in New Delhi. The company is engaged in manufacturing steel pipes and tubes and related products. It has 4 manufacturing facilities in India and a foreign subsidiary in Dubai. In FY 2015, 1244500 equity shares of Rs. 10 were issued as bonus shares which increased its paid-up equity share capital to Rs. 14934000. The board recommended a 4:1 stock split and bonus share issue in March 2016 and in FY 2016-17, 1100000 equity shares of Rs. 5 were issued as preferential basis to non-promoter category which increased the paid-up equity share capital to Rs. 80170000. In March 2017, 1500000 fully convertible warrants at Rs. 122 were issued to the promoter category. As of FY 2018-19, the issued subscribed and paid-up equity share capital is Rs. 83970000 divided into 16794000 Equity shares of Rs. 5 each.

Share Price: ₹12.22 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,958.33Cr as of today
Revenue: ₹263.05Cr as on September 2024 (Q3 24)
Net Profit: ₹4.31Cr as on September 2024 (Q3 24)
Listing date: 19 Aug, 2015
Chairperson Name: NARESH KUMAR BANSAL
OrganisationRama Steel Tubes Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Rama Steel Tubes Ltd

  • Rama Steel Tubes Faces Margin Pressure Amid Growth - 17 Dec, 2024

    Rama Steel Tubes Ltd, a leading Indian manufacturer of steel pipes, is managing margin pressures due to cheap imports from China. Despite this, the company has achieved impressive sales and profit growth over the past five years, with CAGRs of 16% and 38%, respectively.
  • Rama Steel Tubes Expands into Renewable Energy - 11 Dec, 2024

    Rama Steel Tubes Limited approved the acquisition of a 24.81% stake in Bigwin Buildsys for Rs 7.51 crore, diversifying into solar energy. The company has reduced its debt by 64.16% and entered the renewable sector through a partnership with Onix Renewable Ltd, while also expanding into defense with Rama Defence Private Limited.
  • Rama Steel Tubes to Acquire Stake in Bigwin Buildsys - 10 Dec, 2024

    Rama Steel Tubes Limited plans to acquire a 24.81% stake in Bigwin Buildsys for Rs 7.51 crore, focusing on green energy solutions. An Extraordinary General Meeting is scheduled for January 4, 2025, to seek shareholder approval.
  • Rama Steel Tubes Launches Renewable Energy Subsidiary - 02 Dec, 2024

    Rama Steel Tubes Ltd. shares surged after announcing the incorporation of ONIX IPP Pvt. Ltd., a wholly owned subsidiary focused on green energy. The stock jumped 10% amid strong trading volume, reflecting positive investor sentiment.

Insights on Rama Steel Tubes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.05% to 0.17% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 43.62% to 51.87% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RAMASTEEL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 217.59 Cr → 272.44 Cr (in ₹), with an average increase of 20.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 27.7% return, outperforming this stock by 25.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 56.33% to 47.96% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, RAMASTEEL stock has moved down by -4.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 9.17 Cr → 4.05 Cr (in ₹), with an average decrease of 23.1% per quarter

Rama Steel Tubes Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹203.33Cr (-)₹262.39Cr (↑29.05%)₹268.27Cr (↑2.24%)₹216.64Cr (↓19.25%)₹263.05Cr (↑21.42%)
Net Income₹6.57Cr (-)₹8.92Cr (↑35.77%)₹7.64Cr (↓14.35%)₹6.20Cr (↓18.85%)₹4.31Cr (↓30.48%)
Net Profit Margin3.23% (-)3.40% (↑5.26%)2.85% (↓16.18%)2.86% (↑0.35%)1.64% (↓42.66%)
Value in ₹ crore
Details2021202220232024
Total Assets₹193.36Cr (-)₹270.74Cr (↑40.02%)₹370.67Cr (↑36.91%)₹486.04Cr (↑31.12%)
Total Liabilities₹104.89Cr (-)₹172.61Cr (↑64.56%)₹160.71Cr (↓6.89%)₹194.49Cr (↑21.02%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹14.25Cr (-)₹3.96Cr (↓72.21%)-₹33.34Cr (↓941.92%)-₹47.63Cr (↑42.86%)-₹7.24Cr (↓84.80%)

Index Inclusions

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Rama Steel Tubes Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
47.96%
-14.85
Foreign Institutions
0.17%
227.61
Mutual Funds
0%
0.00
Retail Investors
51.87%
18.90
Others
0%
0.00

Rama Steel Tubes Ltd Key Indicators

Details20202021202220232024
Return On Equity %1.666.2711.2810.689.05
Details20202021202220232024
Return On Assets %0.236.410.097.25.99
Details20202021202220232024
Book Value Per Share (₹)0.70.81.011.612.16
Details2021202220232024
Earning Per Share (₹)0.10.220.20.19

Rama Steel Tubes Ltd Valuation

Rama Steel Tubes Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-39.39x)

August 21, 2020

Industry (24.73x)

December 19, 2024

Today (50.24x)

December 19, 2024

Highest (85.36x)

January 12, 2023

LowHigh

Rama Steel Tubes Ltd Earnings and Dividends

  • Rama Steel Tubes Ltd Earnings Results

    Rama Steel Tubes Ltd’s net profit fell -34.57% since last year same period to ₹4.05Cr in the Q2 2024-2025. On a quarterly growth basis, Rama Steel Tubes Ltd has generated -36.32% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Rama Steel Tubes Ltd Dividends February,2022

    In the quarter ending December 2021, Rama Steel Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 4.09%.

    Read More about Dividends

Rama Steel Tubes Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Rama Steel Tubes Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Rama Steel Tubes Ltd (RAMASTEEL) share price today is ₹12.22

Rama Steel Tubes Ltd is listed on NSE

Rama Steel Tubes Ltd is listed on BSE

  • Today’s highest price of Rama Steel Tubes Ltd is ₹12.68.
  • Today’s lowest price of Rama Steel Tubes Ltd is ₹12.03.

PE Ratio of Rama Steel Tubes Ltd is 50.24

PE ratio = Rama Steel Tubes Ltd Market price per share / Rama Steel Tubes Ltd Earnings per share

Today’s traded volume of Rama Steel Tubes Ltd(RAMASTEEL) is 89.43L.

Today’s market capitalisation of Rama Steel Tubes Ltd(RAMASTEEL) is ₹1958.33Cr.

Rama Steel Tubes Ltd(RAMASTEELPrice
52 Week High
₹17.55
52 Week Low
₹9.9

Rama Steel Tubes Ltd(RAMASTEEL) share price is ₹12.22. It is down -30.37% from its 52 Week High price of ₹17.55

Rama Steel Tubes Ltd(RAMASTEEL) share price is ₹12.22. It is up 23.43% from its 52 Week Low price of ₹9.9

Rama Steel Tubes Ltd(RAMASTEELReturns
1 Day Returns
-0.34%
1 Month Returns
4.84%
3 Month Returns
-15.65%
1 Year Returns
4.67%