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Rama Steel Tubes Ltd Share Price
Steel - Tubes / Pipes
As on 22 January 2025 at 18:18 IST
About Rama Steel Tubes Ltd
Rama Steel Tubes Limited is a leading manufacturer of steel pipes and tubes in India. Founded on February 26, 1974, the company has decades of experience in the industry. Its headquarters are located in New Delhi, India. Rama Steel Tubes' main products include mild steel (MS) and galvanized iron (GI) pipes, as well as square and rectangular hollow sections. The company also manufactures light poles, traffic signal poles, and other steel structures. Operating within the steel and iron products sector, Rama Steel Tubes continues to contribute significantly to India's infrastructure development. Read More...
Over 1 Month
4.58%
Over 6 Months
25.74%
Over 1 Year
-15.79%
Over 3 Years
152.47%
Rama Steel Tubes Ltd Summary
Close
₹
12.17
Open
₹
12.71
High
₹
12.72
Low
₹
12.04
Volume
1,61,65,432
Net Turnover (in ₹)
₹
1,28,29,84,857.57
52Wk High
₹
17.55
52Wk Low
₹
9.90
52Wk High / Low
9.90
17.55
Rama Steel Tubes Ltd Fundamentals
Key Financial Data
Market Cap (in ₹Cr)
₹
1,989.42
EPS (TTM)
0.12
Book Value (BV)
1.95
Div. Yield
-
P/E (TTM)
106.75
Price/Book Value
6.57
Delivery %
17.66
%
Face Value
1
Key Ratios
PE Ratio
95.87
PB Ratio
7.65
EV to Sales
2.88
PEG Ratio
-1.68
ROA
5.78
ROE
9.05
Debt-Equity
0.46
Net Profit Margin
2.86
Operating Profit Margin
5.86
Rama Steel Tubes Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 1,050.83 | 1,343.57 | 777.37 | 476.58 | 356.46 |
| Total Expenses | 1,014.04 | 1,310.27 | 740.78 | 463.27 | 356.67 |
| Profit Before Tax | 37.53 | 34.96 | 35.95 | 14.71 | 2.11 |
| Profit After Tax | 30 | 27.44 | 27.32 | 12.38 | 0.43 |
| Operating Profit after Depreciation | 58.04 | 53.51 | 47.48 | 21 | 9.42 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 105.92 | 102.45 | 52.75 | 47.46 | 37.14 |
| Total Non Current Assets | 134.37 | 157.33 | 85.57 | 76.01 | 63.76 |
| Total Current Assets | 600 | 537.58 | 272.83 | 171.55 | 173.76 |
| TOTAL ASSETS | 734.36 | 694.91 | 358.40 | 247.56 | 237.53 |
| Total Shareholder's Fund | 335.15 | 250.12 | 126.66 | 99.94 | 87.83 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 18.09 | -96.16 | -34.98 | 24.72 | 29.80 |
| Net Cash used in Investing Activities | -0.78 | -53.20 | -9.23 | -10.17 | -6.83 |
| Net Cash used in Financing Activities | -12.52 | 143.26 | 40.85 | -5.59 | -16.61 |
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 803.74 | 1,013.87 | 521.60 | 328.84 | 296.48 |
| Total Expenses | 773.88 | 991.39 | 506.43 | 323.46 | 296.12 |
| Profit Before Tax | 29.86 | 22.49 | 14.53 | 6.78 | 2.69 |
| Profit After Tax | 22.70 | 16.45 | 10.52 | 5.38 | 1.37 |
| Operating Profit after Depreciation | 42.17 | 33.78 | 23.05 | 11.48 | 8.43 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 79.29 | 74.87 | 32.25 | 33.73 | 23.15 |
| Total Non Current Assets | 131.43 | 150.08 | 74.55 | 76.55 | 69.51 |
| Total Current Assets | 354.31 | 220.33 | 195.96 | 116.61 | 118.65 |
| TOTAL ASSETS | 485.74 | 370.41 | 270.51 | 193.16 | 188.16 |
| Total Shareholder's Fund | 291.55 | 209.96 | 98.12 | 88.47 | 83.02 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | -7.24 | -47.63 | -33.34 | 3.96 | 14.25 |
| Net Cash used in Investing Activities | -4.36 | -44.48 | -3.28 | -6.36 | -4.89 |
| Net Cash used in Financing Activities | 17.33 | 94.45 | 33.10 | 0.71 | -9.21 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 263.05 | 216.64 | 268.27 | 262.39 | 203.33 |
| Total Expenses | 262.47 | 205.22 | 254.81 | 245.16 | 191.18 |
| Profit Before Tax | 5.92 | 7.41 | 9.69 | 10.29 | 8.01 |
| Profit After Tax | 4.31 | 6.20 | 7.64 | 8.92 | 6.57 |
| Operating Profit after Depreciation | 9.98 | 12.37 | 13.98 | 19.01 | 13.28 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 219.58 | 158.30 | 207.70 | 211.45 | 155.63 |
| Total Expenses | 222.85 | 153.50 | 199.43 | 199.86 | 149.35 |
| Profit Before Tax | 4.40 | 3.22 | 9.19 | 7.53 | 5.34 |
| Profit After Tax | 2.92 | 2.58 | 7.29 | 5.70 | 4 |
| Operating Profit after Depreciation | 6.91 | 6.34 | 13.47 | 13.62 | 7.65 |
Rama Steel Tubes Ltd Technicals
Support and Resistance
S3
S2
S1
Pivot
R1
R2
R3
S1
11.98
S2
11.15
S3
10.42
Pivot
12.71
R1
13.54
R2
14.27
R3
15.10
Moving Average
20 SMA
11.95
50 SMA
12.48
100 SMA
13.18
200 SMA
12.47
Rama Steel Tubes Ltd Corporate Actions
No available data
Rama Steel Tubes Ltd Peer Comparison
| Company | Price | Market Cap (in ₹ Cr) |
|---|---|---|
| Rama Steel Tubes Ltd | ₹12.81 | ₹1,990.97 |
| JSW Steel Ltd | ₹926.45 | ₹2,26,559.08 |
| Tata Steel Ltd | ₹129.65 | ₹1,61,848.93 |
| Jindal Steel & Power Ltd | ₹918.70 | ₹93,715.49 |
| Tube Investments of India Ltd | ₹3,373 | ₹65,259.70 |
| Jindal Stainless Ltd | ₹633.35 | ₹52,173.45 |
Rama Steel Tubes Ltd News
Rama Steel records 10% YoY rise in Q3 steel sales volume
Rama Steel Tubes said that it has registered a sales volume of 51,669.01 tons in Q3 FY25, which is higher by 10.12% as compared to the sales volume of 46,919.802 tons recorded in Q3 FY24.
02 Jan 2025, 02:16 pm
Rama Steel Tubes to convene EGM
On 4 January 2025
11 Dec 2024, 01:58 pm
Rama Steel Tubes to discuss results
On 10 December 2024
05 Dec 2024, 05:33 pm
Board of Rama Steel Tubes to consider further equity issuance
On 10 December 2024
05 Dec 2024, 02:56 pm
Rama Steel Tubes to conduct board meeting
On 14 November 2024
08 Nov 2024, 06:13 pm
Rama Steel Tubes Ltd Stock Analysis
- Annual revenue for Rama Steel Tubes Ltd decreased by 20.73% to ₹803.74 crore in FY 2024 from ₹1,013.87 crore in FY 2023.
- Annual Net Profit for Rama Steel Tubes Ltd increased by 37.96% to ₹22.70 crore in FY 2024 from ₹16.45 crore in FY 2023.
- Promoter Shareholding in Rama Steel Tubes Ltd remains unchanged by 0.00% in the most recent quarter, from 47.96% in September 2024 to 47.96% in December 2024.
- Rama Steel Tubes Ltd delivered a 1-year return of -15.79% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
- Rama Steel Tubes Ltd share price moved down by 4.92% from its previous close of INR ₹12.80. The latest Rama Steel Tubes Ltd share price is INR ₹12.17.
- Rama Steel Tubes Ltd share price today has been at a low of 12.04 and a high of 12.72. Over the past 52 weeks, the Rama Steel Tubes Ltd share price has seen a low of 9.90 and a high of 17.55.
About Rama Steel Tubes Ltd
Rama Steel Tubes Limited is a prominent manufacturer of steel pipes and tubes in India. The company specializes in the production of mild steel (MS) and galvanized iron (GI) pipes. They also offer square and rectangular hollow sections. Rama Steel Tubes provides high-quality steel products that meet international standards for various industries, including construction, infrastructure, and automotive.
Operating within the steel and iron products sector, Rama Steel Tubes was incorporated on February 26, 1974. This makes it a well-established entity with decades of experience. The company's headquarters are located in New Delhi, India.
The promoters of Rama Steel Tubes include the Bansal family. Among them, Harbans Lal Bansal is the founder and a key figure in the company's growth. The management team is led by Richi Bansal and Naresh Kumar Bansal, who serve as Executive Director & CEO and Chairman & Managing Director of the company. The other vital promoters of the company include:
Rama Steel Tubes' main products encompass a wide range of steel pipes and tubes. This includes MS ERW black pipes, GI pipes, and hollow sections. The company also manufactures traffic signal poles, light poles, and other steel structures. Rama Steel Tubes has a significant presence in both domestic and international markets. They export their products to many countries like the UK, Shri Lanka, Germany and many more.
While Rama Steel Tubes is a significant player in the steel pipes and tubes sector, it is not currently the number one stock in its sector. Its promoter shareholding stands at 47.96%. Among this, the major share (25.72%) is held by the Chairman of the company, Naresh Kumar Bansal.
The registered office of Rama Steel Tubes is situated at B-5, 3rd Floor, Main Road, Ghazipur, New Delhi - 110096. The company's registrars and share transfer agents are based in New Delhi.
Overall, Rama Steel Tubes continues to contribute significantly to the steel industry in India, focusing on quality, innovation, and customer satisfaction.
The company's international presence is built on its diverse product portfolio that meets global standards. Their range of GI pipes, MS ERW black pipes, and hollow sections have found acceptance across various international markets. These products cater to different sectors, including construction, infrastructure, and automotive industries worldwide. On the whole, their ability to manufacture products that comply with international quality standards has been crucial in establishing their global presence.
Their export network spans many countries, such as the UK, Shri Lanka, Germany, and many more. This demonstrates the company's strong international market penetration. However, the extensive reach of Rama Steel has been achieved through strategic market identification and relationship building with international clients. The company's ability to understand and adapt to diverse market requirements has helped it maintain a sustained presence across different geographical regions.
The manufacturing capabilities of Rama Steel Tubes play a vital role in serving international markets. Their production facilities are equipped to handle large-scale orders while maintaining consistent quality. This has enabled them to compete effectively in the global market and secure repeat orders from international clients. Also, the company's investment in modern technology and quality control systems has strengthened its position as a reliable international supplier.
Under the leadership of crucial managerial promoters, the company has pursued an aggressive international expansion strategy. Their management approach focuses on identifying new market opportunities and establishing strong distribution networks in target countries. The experience of the Bansal family has been instrumental in understanding international market dynamics.
The company's high market cap and promoter shareholding provide a strong financial foundation for international operations. This financial stability allows them to invest in export infrastructure and maintain competitive pricing in global markets. It also enables them to undertake capacity expansion to meet growing international demand.
Quality assurance has been a key factor in building their international reputation. The company's adherence to global quality standards and certifications has helped them gain credibility in international markets. Their commitment to maintaining high-quality standards across all products has resulted in long-term relationships with international customers.
Their expertise in manufacturing specialized products like street light and traffic signal poles have helped the company differentiate their offerings in the global market. Moreover, their ability to customize products according to specific market requirements has been valuable in securing international projects.
Rama Steel Tubes Limited has grown from a domestic manufacturer to a global leader, serving many countries with quality steel products. The strong management, financial stability, and commitment to innovation drive their success. The company's strategic approach and operational excellence position them for continued global expansion and market growth.
Operating within the steel and iron products sector, Rama Steel Tubes was incorporated on February 26, 1974. This makes it a well-established entity with decades of experience. The company's headquarters are located in New Delhi, India.
The promoters of Rama Steel Tubes include the Bansal family. Among them, Harbans Lal Bansal is the founder and a key figure in the company's growth. The management team is led by Richi Bansal and Naresh Kumar Bansal, who serve as Executive Director & CEO and Chairman & Managing Director of the company. The other vital promoters of the company include:
- Vinod Pal Singh Rawat
- Bharat Bhushan Sahny
- Anju Gupta
Rama Steel Tubes' main products encompass a wide range of steel pipes and tubes. This includes MS ERW black pipes, GI pipes, and hollow sections. The company also manufactures traffic signal poles, light poles, and other steel structures. Rama Steel Tubes has a significant presence in both domestic and international markets. They export their products to many countries like the UK, Shri Lanka, Germany and many more.
While Rama Steel Tubes is a significant player in the steel pipes and tubes sector, it is not currently the number one stock in its sector. Its promoter shareholding stands at 47.96%. Among this, the major share (25.72%) is held by the Chairman of the company, Naresh Kumar Bansal.
The registered office of Rama Steel Tubes is situated at B-5, 3rd Floor, Main Road, Ghazipur, New Delhi - 110096. The company's registrars and share transfer agents are based in New Delhi.
Overall, Rama Steel Tubes continues to contribute significantly to the steel industry in India, focusing on quality, innovation, and customer satisfaction.
International Presence of the Company
Rama Steel Tubes Limited has established a remarkable international presence since its inception in 1974. The company has emerged as a significant global player in the steel pipes and tubes industry. Its journey from a domestic manufacturer to an international supplier showcases its commitment to quality and market expansion. With exports reaching many countries, Rama Steel Tubes has successfully positioned itself as a trusted name in the global steel industry.The company's international presence is built on its diverse product portfolio that meets global standards. Their range of GI pipes, MS ERW black pipes, and hollow sections have found acceptance across various international markets. These products cater to different sectors, including construction, infrastructure, and automotive industries worldwide. On the whole, their ability to manufacture products that comply with international quality standards has been crucial in establishing their global presence.
Their export network spans many countries, such as the UK, Shri Lanka, Germany, and many more. This demonstrates the company's strong international market penetration. However, the extensive reach of Rama Steel has been achieved through strategic market identification and relationship building with international clients. The company's ability to understand and adapt to diverse market requirements has helped it maintain a sustained presence across different geographical regions.
The manufacturing capabilities of Rama Steel Tubes play a vital role in serving international markets. Their production facilities are equipped to handle large-scale orders while maintaining consistent quality. This has enabled them to compete effectively in the global market and secure repeat orders from international clients. Also, the company's investment in modern technology and quality control systems has strengthened its position as a reliable international supplier.
Under the leadership of crucial managerial promoters, the company has pursued an aggressive international expansion strategy. Their management approach focuses on identifying new market opportunities and establishing strong distribution networks in target countries. The experience of the Bansal family has been instrumental in understanding international market dynamics.
The company's high market cap and promoter shareholding provide a strong financial foundation for international operations. This financial stability allows them to invest in export infrastructure and maintain competitive pricing in global markets. It also enables them to undertake capacity expansion to meet growing international demand.
Quality assurance has been a key factor in building their international reputation. The company's adherence to global quality standards and certifications has helped them gain credibility in international markets. Their commitment to maintaining high-quality standards across all products has resulted in long-term relationships with international customers.
Their expertise in manufacturing specialized products like street light and traffic signal poles have helped the company differentiate their offerings in the global market. Moreover, their ability to customize products according to specific market requirements has been valuable in securing international projects.
Rama Steel Tubes Limited has grown from a domestic manufacturer to a global leader, serving many countries with quality steel products. The strong management, financial stability, and commitment to innovation drive their success. The company's strategic approach and operational excellence position them for continued global expansion and market growth.
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FAQ’s
What is the share price of Rama Steel Tubes Ltd today?
Rama Steel Tubes Ltd share price as on 22 Jan 2025 is ₹
12.17
What is the Market Cap of Rama Steel Tubes Ltd?
The market cap of Rama Steel Tubes Ltd stock is ₹1,989.42 Cr.
What is the PE Ratio of Rama Steel Tubes Ltd?
The Price to Earnings (P/E) Ratio of Rama Steel Tubes Ltd is 95.87
What is the PB Ratio of Rama Steel Tubes Ltd?
The Price to Book (P/B) Ratio of Rama Steel Tubes Ltd is 7.65
What is the 52 week high of Rama Steel Tubes Ltd Share Price?
The 52 week high of Rama Steel Tubes Ltd share price stands at ₹17.55
What is the 52 week low of Rama Steel Tubes Ltd Share Price?
The 52 week low of Rama Steel Tubes Ltd share price stands at ₹9.90
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