Rajas. Tube Mfg

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.

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 recent net sales of 8 Cr and net profit of 1 Cr as of March 2025. The company has a market cap of Rs 201 Cr and key financial metrics include a P/E ratio of 206.00 and a debt-equity ratio of 0.75.

Overview: <BR>Rajasthan Tube Manufacturing Co Ltd is a leading manufacturer of steel pipes and tubes, operating in the Iron & Steel Products industry within the micro-cap market segment.<BR><BR>History: <BR>Incorporated in 1985, Rajasthan Tube Manufacturing Company Limited has established a strong presence in the global market. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 8 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 201 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 206.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.75 <BR>Return on Equity: 5.59% <BR>Price to Book: 23.44 <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

Has Rajas. Tube Mfg declared dividend?

No Dividend History Available

Who are the peers of the Rajas. Tube Mfg?

Peers of Rajas. Tube Mfg include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others, with varying management risks and growth rates. Rajas. Tube Mfg has the highest 1-year return at 1471.89%, significantly outperforming its peers.

Peers: The peers of Rajas. Tube Mfg are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Shah Metacorp, Sh. Bajrang All., Sarthak Metals, Alliance Integ., and Surani Steel Tub.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Sarthak Metals. Average management risk is present at Jindal Saw and Rajas. Tube Mfg, while Below Average management risk is noted at Shah Metacorp, Sh. Bajrang All., Alliance Integ., and Surani Steel Tub. Excellent growth is seen at APL Apollo Tubes, while Average growth is found at Shyam Metalics, Ratnamani Metals, and Sarthak Metals. Below Average growth is noted at Welspun Corp, Jindal Saw, Rajas. Tube Mfg, Shah Metacorp, Sh. Bajrang All., Alliance Integ., and Surani Steel Tub. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, Ratnamani Metals, and Sarthak Metals, while Good capital structure is found at Welspun Corp. Below Average capital structure is present at Jindal Saw, Rajas. Tube Mfg, Shah Metacorp, Sh. Bajrang All., Alliance Integ., and Surani Steel Tub.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rajas. Tube Mfg at 1471.89%, while the lowest is Alliance Integ. at -83.92%. Rajas. Tube Mfg's 1-year return significantly outperforms all peers. Additionally, the six-month returns for Ratnamani Metals, Jindal Saw, Shah Metacorp, Alliance Integ., and Surani Steel Tub are negative.

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 in the management team of Rajas. Tube Mfg?

As of March 2022, the management team of Rajas. Tube Mfg includes Harish Chand Jain (Chairman & Managing Director), Rajshree Patni (Non-Executive & Non-Independent Director), Mahendra Kumar Jain, and Chandra Prakash Khunteta (both Independent Non-Executive Directors). Only Harish Chand Jain receives remuneration, which is 7.25 lacs INR, while the other directors do not.

As of March 2022, 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>Harish Chand Jain is the only member with a specified remuneration, which is 7.25 lacs INR. The other directors do not receive remuneration.

How big is Rajas. Tube Mfg?

As of 24th July, Rajasthan Tube Manufacturing Co Ltd has a market capitalization of 185.00 Cr, with recent net sales of 56.34 Cr and a net profit of 0.49 Cr. The latest balance sheet shows shareholder's funds of 8.77 Cr and total assets of 18.21 Cr.

As of 24th July, Rajasthan Tube Manufacturing Co Ltd has a market capitalization of 185.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 56.34 Cr and a Net Profit of 0.49 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 8.77 Cr and Total Assets of 18.21 Cr.

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.

Are Rajas. Tube Mfg latest results good or bad?

Rajasthan Tube Manufacturing Co's latest results are disappointing, with net sales down 45.06% year-on-year at Rs 13.45 crore and a loss of Rs 1.09 crore in profit after tax, indicating significant financial challenges.

Rajasthan Tube Manufacturing Co's latest financial results for the quarter ending June 2025 are quite disappointing. The company reported net sales of Rs 13.45 crore, which is a significant decrease of 45.06% compared to the same quarter last year. This sharp decline indicates serious challenges in their sales performance.<BR><BR>Moreover, the profit after tax (PAT) has turned negative, with a reported loss of Rs -1.09 crore, reflecting a staggering drop of 1,311.1% year-on-year. The operating profit also fell to its lowest point in five quarters at Rs -0.93 crore, resulting in an operating profit margin of -6.91%. This suggests a decline in operational efficiency.<BR><BR>Overall, the financial performance highlights significant difficulties for Rajasthan Tube Manufacturing Co, indicating that the results are indeed bad.

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.

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

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 17-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is at Rs. 14.69, reflecting a 4.98% decline and a total drop of 14.19% over the past three days. The stock has significantly underperformed against the Sensex, with a year-to-date decrease of 62.22% compared to the Sensex's 10.74% drop.

As of 17-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is falling, currently at Rs. 14.69, which reflects a decrease of Rs. 0.77 or 4.98%. This decline is part of a broader trend, as the stock has been losing value for the past three days, resulting in a total drop of 14.19% during this period. Additionally, the stock has reached a new 52-week low today.<BR><BR>The performance of the stock over various time frames indicates significant underperformance compared to the benchmark Sensex. Over the past week, the stock has decreased by 15.38%, while the Sensex has only fallen by 2.73%. In the last month, the stock has plummeted by 40.74%, compared to an 8.84% decline in the Sensex. Year-to-date, the stock is down 62.22%, significantly worse than the Sensex's 10.74% drop.<BR><BR>Moreover, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. The sector in which Rajasthan Tube operates, Steel/Sponge Iron/Pig Iron, has seen a gain of 3.23%, further highlighting the stock's relative weakness.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 93.97% compared to the 5-day average, suggesting a lack of interest from investors. Overall, these factors contribute to the stock's current decline.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 18-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is currently at Rs. 14.93, reflecting a recent rise after a trend reversal, but it has hit a 52-week low and shows significant volatility with a year-to-date drop of 61.60%. Despite the recent uptick, declining investor participation and trading below moving averages indicate underlying challenges.

As of 18-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is rising, currently at Rs. 14.93, which reflects an increase of Rs. 0.24 or 1.63%. This rise comes after a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, it has outperformed its sector by 0.5% today. <BR><BR>However, it is important to note that the stock has recently hit a new 52-week low of Rs. 14, indicating significant volatility. Over the past week, the stock has experienced a decline of 11.87%, and its year-to-date performance shows a substantial drop of 61.60%. The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Moreover, investor participation appears to be falling, with a delivery volume of 69.7k on March 17, down by 24.54% compared to the 5-day average. This decline in participation may indicate a lack of confidence among investors, despite the recent uptick in price. Overall, while the stock is currently rising, the broader context of its performance suggests underlying challenges.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 19-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is at Rs 14.12, down 4.98%, with significant declines over the past week (17.52%) and month (36.94%). The stock is near its 52-week low and underperforms the Sensex, indicating a bearish trend.

As of 19-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is falling, currently at Rs 14.12, which reflects a decrease of Rs 0.74 or 4.98%. This decline is evident in the stock's performance over various periods, with a significant drop of 17.52% over the past week and a staggering 36.94% over the past month. Year-to-date, the stock has decreased by 63.68%, while it has also underperformed the benchmark Sensex, which has only fallen by 12.92% in the same timeframe.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being just 0.85% away from that point. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. The sector itself, Steel/Sponge Iron/Pig Iron, has also seen a decline of 3.29%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite a slight increase in delivery volume, which rose by 2.4% against the 5-day average, the overall market conditions and the stock's performance relative to its benchmarks indicate a continued downward trajectory.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 20-Mar, Rajasthan Tube Manufacturing Co Ltd's stock price is Rs. 14.20, reflecting a significant decline of -63.48% year-to-date and a new 52-week low of Rs. 13.78. The stock is underperforming with decreased investor participation and is trading below all major moving averages, indicating persistent downward momentum.

As of 20-Mar, Rajasthan Tube Manufacturing Co Ltd is experiencing a decline in its stock price, currently at Rs. 14.20, which reflects a change of -0.3 or -2.07%. The stock has been underperforming significantly, with a 1-week decline of -12.72% and a staggering -33.27% drop over the past month. Year-to-date, the stock has fallen by -63.48%, while over the past year, it has decreased by -32.65%. <BR><BR>Today, the stock hit a new 52-week low of Rs. 13.78 and has been on a consecutive downward trend for the last two days, accumulating a total decline of -4.44% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward momentum. <BR><BR>Investor participation has also decreased, with a delivery volume of 51.68k on March 19, which is down by -24.83% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors. In contrast, the sector related to Steel/Sponge Iron/Pig Iron has seen a gain of 2.93%, highlighting that the issues affecting Rajasthan Tube Manufacturing Co Ltd are specific to the company rather than the broader market. Overall, these factors contribute to the stock's current downward trajectory.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 23-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is at Rs. 13.49, reflecting a 5.0% decline and a total drop of 9.22% over the last three days. The stock has significantly underperformed compared to the Sensex, with a year-to-date decrease of 65.30%, and is trading below its moving averages, indicating a bearish trend.

As of 23-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is falling, currently at Rs. 13.49, which reflects a decrease of Rs. 0.71 or 5.0%. This decline is part of a broader trend, as the stock has been losing value for the last three days, with a total drop of 9.22% during this period. Additionally, the stock has reached a new 52-week low today.<BR><BR>The stock's performance over various time frames shows significant underperformance compared to the benchmark Sensex. Over the past week, the stock has declined by 12.74%, while the Sensex fell by only 3.72%. In the last month, the stock has plummeted by 39.56%, compared to a 12.72% drop in the Sensex. Year-to-date, the stock has decreased by 65.30%, significantly worse than the Sensex's decline of 14.70%. This trend indicates a consistent pattern of falling prices.<BR><BR>Moreover, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. The sector in which Rajasthan Tube operates, namely Steel/Sponge Iron/Pig Iron, has also experienced a decline of 5.17%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite some positive financial results reported for December 2025, such as a higher profit after tax and significant profit growth, the long-term fundamentals remain weak. The company has shown a -12.59% compound annual growth rate in net sales over the last five years and has a high debt-to-EBITDA ratio of 5.31 times, indicating challenges in servicing its debt. This combination of factors has led to a lack of investor confidence, resulting in the stock's continued decline.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 24-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is currently rising at Rs. 14.16, following a trend reversal after three days of decline. Despite today's increase, the stock faces long-term challenges, including a significant decline over the past month and year-to-date, alongside concerns about its financial health and ability to service debt.

As of 24-Mar, the stock price of Rajasthan Tube Manufacturing Co Ltd is rising, currently at Rs. 14.16, reflecting an increase of Rs. 0.67 or 4.97%. This upward movement comes after a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, the stock has outperformed its sector by 2.5%, indicating a relative strength compared to its peers.<BR><BR>Despite this positive performance today, the stock has faced significant challenges over the longer term. It has hit a new 52-week low of Rs. 12.82 earlier in the day and has experienced a substantial decline of 34.78% over the past month and 63.58% year-to-date. The stock is also trading below its moving averages across various time frames, which typically signals a bearish trend.<BR><BR>On a more positive note, there has been a rise in investor participation, with a delivery volume increase of 7.96% against the five-day average, suggesting renewed interest from investors. Furthermore, the company has recently reported positive quarterly results, indicating a potential turnaround after two consecutive negative quarters, with significant increases in profits.<BR><BR>However, the overall long-term outlook remains weak due to a -12.59% CAGR growth in net sales over the last five years and a high debt to EBITDA ratio, which raises concerns about the company's ability to service its debt. Thus, while the stock is experiencing a rise in price today, the broader context reveals ongoing challenges that could impact its future performance.

Why is Rajasthan Tube Manufacturing Co Ltd falling/rising?

As of 25-Mar, Rajasthan Tube Manufacturing Co Ltd's stock price has risen slightly to 14.04, but it has significantly underperformed compared to its sector and has experienced considerable declines year-to-date and over the past month. The overall outlook remains challenging due to these past declines and reduced investor participation.

As of 25-Mar, Rajasthan Tube Manufacturing Co Ltd is experiencing a slight rise in its stock price, currently at 14.04, with a change of 0.03 (0.21%) upward. This increase comes after the stock has gained over the last two days, resulting in a total return of 4.08% during this period. However, it is important to note that despite this recent uptick, the stock has significantly underperformed compared to the sector, with a performance that is 2.36% lower than its peers in the Steel/Sponge Iron/Pig Iron sector, which has gained by 2.54%.<BR><BR>In terms of longer-term performance, the stock has faced considerable declines, with a year-to-date drop of 63.89% and a one-month decline of 31.94%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a decrease in investor participation, as evidenced by a 10.47% drop in delivery volume compared to the five-day average. This combination of factors suggests that while there is a minor rise in the stock price recently, the overall outlook remains challenging due to significant past declines and reduced trading activity.

Which are the latest news on Rajas. Tube Mfg?