Rajas. Tube Mfg

Which are the latest news on Rajas. Tube Mfg?

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 22-Jun, the stock price of Rajasthan Tube Manufacturing Co Ltd is declining, currently at 14.38, reflecting a 2.04% decrease. The stock has underperformed significantly over the year, with a 72.49% drop, despite some recent short-term gains.

As of 22-Jun, the stock price of Rajasthan Tube Manufacturing Co Ltd is falling, currently at 14.38, which reflects a decrease of 0.3 or 2.04%. This decline is part of a broader trend, as the stock has been losing value for the last two days, resulting in a total drop of 4.83% during this period. Additionally, the stock has significantly underperformed its sector by 4.64% today.<BR><BR>Despite some positive performance over the past week and month, with increases of 3.60% and 10.79% respectively, the year-to-date performance shows a stark decline of 63.01%, and the one-year performance is even worse at a drop of 72.49%. This long-term decline contrasts sharply with the stock's impressive three-year return of 449.90%, indicating volatility and potential investor concerns.<BR><BR>Investor participation appears to be decreasing, as evidenced by a significant drop in delivery volume, which fell by 58.31% compared to the five-day average. This reduction in trading activity may contribute to the stock's downward pressure. Furthermore, while the stock is trading above its 20-day and 50-day moving averages, it is below its 5-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. Overall, these factors indicate that Rajasthan Tube Manufacturing Co Ltd is currently experiencing a decline in its stock price.

How big is Rajas. Tube Mfg?

As of 10th June, Rajasthan Tube Manufacturing Co Ltd has a market capitalization of 68.00 Cr, with recent net sales of 17.00 Cr and a net profit of 1.24 Cr. The company's shareholder's funds are 8.77 Cr, and total assets amount to 18.21 Cr.

As of 10th June, Rajasthan Tube Manufacturing Co Ltd has a market capitalization of 68.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 17.00 Cr and a Net Profit of 1.24 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 8.77 Cr and Total Assets of 18.21 Cr.

Who are in the management team of Rajas. Tube Mfg?

The management team of Rajas. Tube Mfg includes Harish Chand Jain (Chairman & Managing Director), Rajshree Patni (Non-Executive & Non-Independent Director), Mahendra Kumar Jain (Independent Non-Executive Director), and Chandra Prakash Khunteta (Independent Non-Executive Director).

The management team of Rajas. Tube Mfg includes the following individuals:<BR><BR>1. **Harish Chand Jain** - Chairman & Managing Director<BR>2. **Rajshree Patni** - Non-Executive & Non-Independent Director<BR>3. **Mahendra Kumar Jain** - Independent Non-Executive Director<BR>4. **Chandra Prakash Khunteta** - Independent Non-Executive Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Rajas. Tube Mfg?

Peers of Rajas. Tube Mfg include Garg Furnace, Prakash Steelage, and several others, with Rajas. Tube Mfg showing below-average management risk and the lowest 1-year return at -70.59%.

Peers: The peers of Rajas. Tube Mfg are Garg Furnace, Prakash Steelage, Alliance Integ., Tulsyan NEC, Acrow India, Shri Hare-Krish., Mangalam Alloys, Aditya Ultra, and Excellent Wires.<BR><BR>Quality Snapshot: Excellent management risk is observed at Garg Furnace, while Average management risk is found at Rajas. Tube Mfg and Mangalam Alloys. Below Average management risk is noted for Prakash Steelage, Alliance Integ., Tulsyan NEC, Acrow India, Shri Hare-Krish., Aditya Ultra, and Excellent Wires. Growth is rated as Good for Garg Furnace and Excellent Wires, Below Average for Rajas. Tube Mfg, Prakash Steelage, Alliance Integ., Tulsyan NEC, Acrow India, Aditya Ultra, and the rest, while Average growth is seen at Mangalam Alloys. Capital Structure is rated as Excellent for Shri Hare-Krish., Good for Garg Furnace and Excellent Wires, and Below Average for Rajas. Tube Mfg, Prakash Steelage, Alliance Integ., Tulsyan NEC, Acrow India, Mangalam Alloys, Aditya Ultra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Acrow India at 26.61%, while the lowest is Rajas. Tube Mfg at -70.59%, indicating that Rajas. Tube Mfg's return is significantly worse than its peers. Additionally, the six-month return is negative for Rajas. Tube Mfg, Garg Furnace, Prakash Steelage, Alliance Integ., and the rest.

What does Rajas. Tube Mfg do?

Rajasthan Tube Manufacturing Co Ltd is a micro-cap manufacturer of steel pipes and tubes, established in 1985, with a recent net profit of -1 Cr and a market cap of INR 68 Cr. Key metrics include a P/E of 23.00 and a return on equity of 28.97%.

Overview:<BR>Rajasthan Tube Manufacturing Co Ltd is a leading manufacturer of steel pipes and tubes operating in the Iron & Steel Products industry, categorized as a micro-cap company.<BR><BR>History:<BR>Incorporated in 1985, Rajasthan Tube Manufacturing Company Limited has established a significant presence in the global market. The latest quarterly results reported are for March 2026, showing a net profit of -1 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 68 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00<BR>Industry P/E: 26<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.04<BR>Return on Equity: 28.97%<BR>Price to Book: 7.16<BR><BR>Contact Details:<BR>Address: 28-37 Banke Bihari Indl Area, Jatawali Mod Maharakal Road Jaipur Rajasthan : 303806<BR>Email: rajtube@hotmail.com<BR>Website: http://www.rajtube.com

Should I buy, sell or hold Rajasthan Tube Manufacturing Co Ltd?

Are Rajasthan Tube Manufacturing Co Ltd latest results good or bad?

Rajasthan Tube Manufacturing Co Ltd's latest results are concerning, showing zero net sales and a net loss of ₹0.56 crore in Q4 FY26, indicating severe operational distress and a 70.46% decline in stock value over the past year. Investors should exercise caution due to the company's significant challenges and reduced promoter holding.

The latest results for Rajasthan Tube Manufacturing Co Ltd are concerning and indicate a significant operational crisis. In the fourth quarter of FY26, the company reported net sales of ₹0.00 crore, marking a complete cessation of revenue generation, which is a drastic decline of 100% quarter-on-quarter. This follows a volatile revenue history, where sales had previously fluctuated dramatically.<BR><BR>Additionally, the company recorded a net loss of ₹0.56 crore for the quarter, which is a 150.90% decline compared to the previous quarter. The operating margin has collapsed to 0.0%, down from 83.19% in the prior quarter, highlighting severe operational distress.<BR><BR>The stock has also faced significant declines, with a 70.46% drop over the past year, underperforming the broader market. The reduction in promoter holding from 34.08% to 16.80% over the past year raises further concerns about investor confidence in the company's future.<BR><BR>Overall, the financial performance reflects a complete operational shutdown and raises serious questions about the company's viability moving forward. Investors should approach this situation with caution.

How has been the historical performance of Rajas. Tube Mfg?

Rajas. Tube Mfg has faced significant declines in net sales and operating income from Mar'23 to Mar'25, with net sales dropping from 99.88 Cr to 7.88 Cr. However, profitability metrics and cash flow have shown slight improvements during the same period.

Answer:<BR>The historical performance of Rajas. Tube Mfg shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Rajas. Tube Mfg's net sales have experienced a dramatic decline from 99.88 Cr in Mar'23 to just 7.88 Cr in Mar'25, reflecting a substantial drop in total operating income as well. The raw material costs also decreased significantly, from 95.02 Cr in Mar'23 to 2.54 Cr in Mar'25. Operating profit (PBDIT) has seen a decline from 2.37 Cr in Mar'23 to 1.43 Cr in Mar'25, while profit before tax improved slightly from 1.04 Cr in Mar'23 to 1.12 Cr in Mar'25. Profit after tax also increased from 0.96 Cr in Mar'23 to 1.10 Cr in Mar'25. The company's total liabilities decreased from 27.48 Cr in Mar'23 to 18.21 Cr in Mar'25, with total assets following a similar trend, dropping from 27.48 Cr to 18.21 Cr in the same period. Cash flow from operating activities has shown a positive trend, increasing from 0.00 Cr in Mar'23 to 3.00 Cr in Mar'25. Overall, the financial data indicates a challenging period for Rajas. Tube Mfg, with significant reductions in sales and operating income, but some improvement in profitability metrics and cash flow.

When is the next results date for Rajas. Tube Mfg?

Rajas. Tube Mfg will declare its results on 14 August 2025.

Rajas. Tube Mfg will declare its results on 14 August 2025.

Is Rajas. Tube Mfg overvalued or undervalued?

As of December 18, 2024, Rajas. Tube Mfg is overvalued with a PE ratio of 201.45 and other financial metrics significantly exceeding its peers, indicating that its high valuation is not justified by its performance.

As of 18 December 2024, Rajas. Tube Mfg has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 201.45, a Price to Book Value of 22.97, and an EV to EBITDA of 116.20. These ratios significantly exceed those of its peers, such as JSW Steel, which has a PE ratio of 64.98 and an EV to EBITDA of 14.20, and Tata Steel, with a PE of 51.92 and an EV to EBITDA of 11.04.<BR><BR>In comparison to its industry, Rajas. Tube Mfg's financial metrics indicate a substantial premium, suggesting it is not justified by its performance, as evidenced by a ROE of only 5.59% and a ROCE of 10.97%. While the company has shown remarkable stock returns, outperforming the Sensex significantly over various periods, the current valuation metrics indicate that it is not a sustainable investment at these levels.

What is the technical trend for Rajas. Tube Mfg?

As of December 2, 2024, Rajas Tube Mfg shows a bullish trend supported by weekly MACD and moving averages, despite a bearish monthly RSI and some resistance at 45.60.

As of 2 December 2024, the technical trend for Rajas. Tube Mfg has changed from mildly bullish to bullish. The weekly MACD and Bollinger Bands are both bullish, supporting the positive momentum. However, the monthly RSI indicates a bearish stance, which contrasts with the overall bullish signals from the moving averages and Dow Theory on both weekly and monthly time frames. The KST shows a mildly bearish trend on the weekly but remains bullish monthly. Current price action is at 43.80, with a recent high of 45.60, indicating some resistance. Overall, the stance is bullish with moderate strength, driven primarily by the weekly MACD and moving averages.

Who are the top shareholders of the Rajas. Tube Mfg?

The top shareholders of Rajas. Tube Mfg include promoter Saurabh Jain with 11.73%, Kalishankar Industries Private Limited at 19.12%, and individual investors holding 32.58%. There are no pledged promoter holdings, and the company lacks mutual fund or foreign institutional investor holdings.

The top shareholders of Rajas. Tube Mfg include Saurabh Jain, who is the promoter with the highest holding at 11.73%. The largest public shareholder is Kalishankar Industries Private Limited, holding 19.12%. Additionally, individual investors collectively hold 32.58% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor holdings.

Has Rajas. Tube Mfg declared dividend?

No Dividend History Available