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 12-May, Rajasthan Tube Manufacturing Co Ltd's stock price is Rs 12.99, down 4.06%, with a year-to-date decline of 66.59%. The stock is underperforming the market, trading near its 52-week low, and experiencing reduced investor participation and bearish trends across moving averages.

As of 12-May, Rajasthan Tube Manufacturing Co Ltd is experiencing a decline in its stock price, currently at Rs 12.99, which reflects a decrease of Rs 0.55 or 4.06%. This downward movement is evident from the stock's performance over various periods, showing a significant drop of 6.41% over the past week and 7.94% over the past month. Year-to-date, the stock has plummeted by 66.59%, compared to a 12.51% decline in the benchmark Sensex, indicating that the stock is underperforming relative to the broader market.<BR><BR>The stock is also close to its 52-week low, being only 2.77% away from Rs 12.64. Additionally, it has been on a consecutive decline for the last two days, contributing to a total return of -6.41% during this period. The stock is 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 signals a bearish trend.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 61.85% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors, further contributing to the stock's downward trajectory. Overall, the combination of poor performance metrics, low investor participation, and trading below key moving averages are the primary factors driving the stock price of Rajasthan Tube Manufacturing Co Ltd lower.

Which are the latest news on Rajas. Tube Mfg?