Rama Steel Tubes

Is Rama Steel Tubes overvalued or undervalued?

As of September 4, 2024, Rama Steel Tubes is considered overvalued with a PE ratio of 94.28 and other high valuation metrics, despite recent strong stock performance.

As of 4 September 2024, the valuation grade for Rama Steel Tubes has moved from fair to expensive, indicating that the company is overvalued. The key ratios reflect this assessment, with a PE ratio of 94.28, an EV to EBITDA of 76.75, and a Price to Book Value of 5.89. These figures suggest that the company's valuation metrics are significantly higher than typical industry benchmarks.<BR><BR>In comparison to its peers, Rama Steel Tubes is notably more expensive, with its PE ratio far exceeding that of comparable companies in the sector. For instance, while Rama Steel Tubes has a PEG ratio of 0.00, which is unusual, its high valuation ratios suggest a disconnect between price and underlying performance. The company's recent stock performance has outpaced the Sensex, with a 1-month return of 47.53% compared to the Sensex's 3.83%, but this does not mitigate the overall valuation concerns.

What is the bonus history of the Rama Steel Tubes?

Rama Steel Tubes has a notable bonus history, with the most recent being a 2:1 bonus announced on March 19, 2024, and prior bonuses of 4:1 issued on January 6, 2023, and March 14, 2016. This demonstrates the company's commitment to rewarding its shareholders.

Rama Steel Tubes has a notable bonus history. The most recent bonus issue was a 2:1 bonus announced with an ex-date of March 19, 2024. Prior to that, on January 6, 2023, the company issued a 4:1 bonus. Additionally, there was another 4:1 bonus issued on March 14, 2016. This reflects the company's approach to rewarding its shareholders over the years.

Has Rama Steel Tubes declared dividend?

Rama Steel Tubes Ltd has declared a 10% dividend, amounting to 0.5 per share, with an ex-date of February 24, 2022. Despite this, the dividend yield is 0%, as cash dividends paid have been minimal compared to the share price.

Rama Steel Tubes Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5<BR>- Ex-date: Feb-24-2022<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 2.27%, with a dividend return of 0%, resulting in a total return of 2.27%.<BR><BR>For the 1-year period, the price return was 19.98%, with a dividend return of 0%, leading to a total return of 19.98%.<BR><BR>Over the 2-year period, the price return was 3.07%, with a dividend return of 0%, culminating in a total return of 3.07%.<BR><BR>In the 3-year period, the price return was 206.54%, with a dividend return of 0%, achieving a total return of 206.54%.<BR><BR>For the 4-year period, the price return was 1254.44%, with a dividend return of 31.85%, resulting in a total return of 1286.29%.<BR><BR>In the 5-year period, the price return was 3592.85%, with a dividend return of 111.11%, leading to a total return of 3703.96%.<BR><BR>Overall, Rama Steel Tubes has declared a dividend, but the dividend yield remains at 0%, indicating that while there have been substantial price returns over the years, the actual cash dividends paid have been minimal relative to the share price.

Who are the peers of the Rama Steel Tubes?

Rama Steel Tubes' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and Jindal Saw, among others. APL Apollo Tubes leads in management quality and growth, while Rama Steel Tubes shows average management risk and below-average capital structure, with a 1-year return of -1.10%.

Peers: The peers of Rama Steel Tubes are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, MSP Steel & Pow., Rhetan TMT Ltd, Bharat Wire, Electrotherm(I), and Hariom Pipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and Average management risk is present at Jindal Saw, Rama Steel Tubes, and Hariom Pipe. Growth is Excellent at APL Apollo Tubes, Rama Steel Tubes, and Hariom Pipe, while Average growth is noted at Shyam Metalics and Ratnamani Metals, and Below Average growth is seen at Welspun Corp, Jindal Saw, MSP Steel & Pow., Rhetan TMT Ltd, Bharat Wire, and Electrotherm(I). Excellent capital structure is noted at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Below Average capital structure is found at Jindal Saw, Rama Steel Tubes, MSP Steel & Pow., Rhetan TMT Ltd, Bharat Wire, and Electrotherm(I).<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.71%, while the lowest is Jindal Saw at -22.99%. Rama Steel Tubes has a 1-year return of -1.10%, which is higher than Jindal Saw but lower than most peers. Additionally, MSP Steel & Pow., Jindal Saw, Ratnamani Metals, and Bharat Wire have negative six-month returns.

Who are in the management team of Rama Steel Tubes?

As of March 2023, the management team of Rama Steel Tubes includes Naresh Kumar Bansal (Chairman/Executive Director), Richi Bansal (Executive Director & CEO), and four Independent Non-Executive Directors: Vinod Pal Singh Rawat, Bharat Bhushan Sahny, Jai Prakash Gupta, and Anju Gupta. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Rama Steel Tubes includes:<BR><BR>1. Naresh Kumar Bansal - Chairman / Executive Director<BR>2. Richi Bansal - Executive Director & CEO<BR>3. Vinod Pal Singh Rawat - Independent Non-Executive Director<BR>4. Bharat Bhushan Sahny - Independent Non-Executive Director<BR>5. Jai Prakash Gupta - Independent Non-Executive Director<BR>6. Anju Gupta - Independent Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Rama Steel Tubes do?

Rama Steel Tubes Ltd manufactures steel pipes and tubes and is classified as a small-cap company in the Iron & Steel Products industry. As of March 2025, it reported net sales of ₹2,932 Cr and a net profit of ₹68 Cr.

Overview:<BR>Rama Steel Tubes Ltd is engaged in the manufacturing of steel pipes and tubes, operating within the Iron & Steel Products industry and categorized as a small-cap company.<BR><BR>History:<BR>Rama Steel Tubes Limited was incorporated on February 26, 1974, in New Delhi. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 2,932 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 68 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 1,870 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 82.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.23 <BR>Return on Equity: 6.24% <BR>Price to Book: 5.15 <BR><BR>Contact Details:<BR>Address: B-5 3rd Floor, Main Road Ghazipur New Delhi New Delhi : 110066 <BR>Tel: +91-11-43446600 <BR>Email: accounts@ramasteel.com <BR>Website: http://www.fence-steeltubes.com

Who are the top shareholders of the Rama Steel Tubes?

The top shareholder of Rama Steel Tubes is promoter Naresh Kumar Bansal, holding 25.65%. Individual investors own 43.33%, while The Great International Tusker Fund is the largest public shareholder at 2.02%, with no pledged promoter holdings.

The top shareholders of Rama Steel Tubes include Naresh Kumar Bansal, who is the promoter with the highest holding at 25.65%. The company has a significant portion of its shares held by individual investors, accounting for 43.33%. Additionally, the highest public shareholder is The Great International Tusker Fund, which holds 2.02%. There are also 17 Foreign Institutional Investors (FIIs) with a combined holding of 0.46%, and one mutual fund scheme that holds 0.0%. Notably, there are no pledged promoter holdings.

How big is Rama Steel Tubes?

As of 24th July, Rama Steel Tubes Ltd has a market capitalization of 1,809.00 Cr, with recent net sales of 1,048.06 Cr and a net profit of 22.75 Cr. Shareholder's funds are 335.15 Cr and total assets amount to 733.04 Cr as of March 2024.

As of 24th July, Rama Steel Tubes Ltd has a market capitalization of 1,809.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1,048.06 Cr and a Net Profit of 22.75 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 335.15 Cr and Total Assets of 733.04 Cr.

Are Rama Steel Tubes latest results good or bad?

Rama Steel Tubes' latest results show mixed signals; while net sales grew by 23.77%, profitability declined sharply with a negative Profit Before Tax and decreased cash reserves, indicating more negative than positive outcomes for the company.

Rama Steel Tubes' latest results indicate a challenging situation for the company. While net sales for the quarter ending June 2025 grew by 23.77% year-on-year, reaching Rs 268.13 crore, profitability has taken a significant hit. The Profit Before Tax (PBT) has fallen to Rs -2.88 crore, marking a drastic decline of 144.51% compared to the previous year. Additionally, the Profit After Tax (PAT) decreased by 16.4%, totaling Rs 5.32 crore.<BR><BR>The company's financial health presents mixed signals. On one hand, the low debt-equity ratio of 0.24 suggests a conservative approach to borrowing. However, the drop in cash and cash equivalents to Rs 5.50 crore raises concerns about short-term liquidity. Furthermore, the debtor's turnover ratio has declined to 4.31 times, indicating a slowdown in collecting receivables. The significant rise in non-operating income, now 140.06% of PBT, also raises questions about the sustainability of the company's earnings.<BR><BR>Overall, while sales growth is a positive sign, the decline in profitability and liquidity issues suggest that the results are more negative than positive for Rama Steel Tubes.

How has been the historical performance of Rama Steel Tubes?

Rama Steel Tubes has experienced fluctuating financial performance, with net sales slightly increasing to 1,048.05 Cr in March 2025 but down from 1,336.75 Cr in March 2023. Key metrics such as operating profit and profit after tax have declined, reflecting challenges in managing rising costs and cash flow.

Answer:<BR>The historical performance of Rama Steel Tubes shows a fluctuating trend in key financial metrics over the years. <BR><BR>Breakdown:<BR>Rama Steel Tubes reported net sales of 1,048.05 Cr in March 2025, slightly up from 1,046.51 Cr in March 2024, but down from 1,336.75 Cr in March 2023. The total operating income mirrored this trend, with figures of 1,048.05 Cr in March 2025 and 1,046.51 Cr in March 2024, compared to 1,336.75 Cr in March 2023. The company faced rising raw material costs, which were 784.12 Cr in March 2025, down from 844.41 Cr in March 2024, but still higher than previous years. Operating profit (PBDIT) decreased to 45.79 Cr in March 2025 from 63.68 Cr in March 2024, while profit before tax also fell to 28.27 Cr from 36.79 Cr in the same period. Profit after tax was reported at 22.15 Cr in March 2025, down from 29.26 Cr in March 2024. The company's total assets increased to 756.98 Cr in March 2025 from 733.04 Cr in March 2024, while total liabilities also rose to 756.98 Cr from 733.04 Cr. Cash flow from operating activities improved to 51.00 Cr in March 2025 from 18.00 Cr in March 2024, although the net cash outflow was recorded at -11.00 Cr in March 2025. Overall, the financial performance of Rama Steel Tubes reflects a challenging environment with fluctuations in sales, profits, and cash flow management.

Is Rama Steel Tubes technically bullish or bearish?

As of November 17, 2025, Rama Steel Tubes has shifted to a bearish trend with moderate strength, driven by bearish signals from daily moving averages and monthly indicators, despite some mildly bullish signals on the weekly timeframe.

As of 17 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Rama Steel Tubes is bearish with a moderate strength. Key indicators driving this stance include the bearish signals from the moving averages on the daily timeframe, as well as the bearish readings from both the Bollinger Bands and the monthly MACD. Although the weekly MACD and KST show mildly bullish signals, the overall monthly indicators suggest a bearish outlook. The stock's recent performance, including a significant decline over the past year, further supports this bearish sentiment.

When is the next results date for Rama Steel Tubes Ltd?

The next results date for Rama Steel Tubes Ltd is 14 February 2026.

The next results date for Rama Steel Tubes Ltd is scheduled for 14 February 2026.

Should I buy, sell or hold Rama Steel Tubes Ltd?

Why is Rama Steel Tubes Ltd falling/rising?

As of 17-Mar, Rama Steel Tubes Ltd's stock price is at 5.15, reflecting a decline of 4.81% and reaching a new 52-week low. The stock has significantly underperformed the market, with a year-to-date drop of 45.21% compared to a 10.74% decrease in the Sensex.

As of 17-Mar, Rama Steel Tubes Ltd's stock price is falling, currently at 5.15, which reflects a change of -0.26 or -4.81%. The stock has been on a downward trend, having lost 13.88% over the last four days and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has reached a new 52-week low of Rs. 5.09 today.<BR><BR>In terms of performance relative to the market, the stock has underperformed significantly, with a 1-week decline of 13.30% compared to a 2.73% drop in the Sensex, and a 1-month decline of 31.15% against an 8.84% decline in the benchmark index. Year-to-date, the stock has fallen 45.21%, while the Sensex has only decreased by 10.74%. Over the past year, the stock has decreased by 46.91%, contrasting sharply with the Sensex's gain of 2.56%.<BR><BR>Despite some positive indicators such as a rise in delivery volume by 6.58% against the 5-day average, the overall sentiment remains negative, particularly as the sector has gained by 3.21%, highlighting the stock's underperformance.

Why is Rama Steel Tubes Ltd falling/rising?

As of 18-Mar, Rama Steel Tubes Ltd is experiencing a short-term rise in stock price to 5.71, reflecting a 10.87% increase after a trend reversal. However, the long-term outlook is weak due to significant declines in performance and profits over the past year.

As of 18-Mar, Rama Steel Tubes Ltd is experiencing a rise in its stock price, currently at 5.71, which reflects an increase of 0.56 or 10.87%. This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock has outperformed its sector by 9.74% today, indicating a positive shift in investor sentiment.<BR><BR>Despite the recent rise, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 39.26% and a one-year drop of 42.50%. The stock is currently trading below its moving averages across various time frames, suggesting that while there is a short-term gain, the long-term outlook remains weak.<BR><BR>Investor participation has increased, with a delivery volume of 91.47 lacs on March 17, which is up by 51.79% compared to the five-day average. This increase in trading activity may be contributing to the stock's current rise. However, the overall financial health of the company raises concerns, as profits have fallen by 31.8% over the past year, and the return on equity (ROE) stands at a low 4.1%.<BR><BR>In summary, while Rama Steel Tubes Ltd is currently rising due to a short-term trend reversal and increased investor participation, the long-term outlook remains challenging due to consistent underperformance and declining profits.

Why is Rama Steel Tubes Ltd falling/rising?

As of 19-Mar, Rama Steel Tubes Ltd's stock price is at Rs 5.24, down 8.23%, with significant declines over various periods and underperformance compared to the Sensex. The stock is trading below its moving averages and is near its 52-week low, indicating a bearish trend despite increased investor participation.

As of 19-Mar, Rama Steel Tubes Ltd's stock price is falling, currently at Rs 5.24, which reflects a decrease of Rs 0.47 or 8.23%. This decline is evident in the stock's performance over various periods, with a 1-week drop of 11.34% and a 1-month decrease of 29.57%. Year-to-date, the stock has fallen by 44.26%, significantly underperforming compared to the benchmark Sensex, which has only declined by 12.92% in the same timeframe.<BR><BR>The stock is also trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being just 2.86% away from Rs 5.09. The sector itself, Steel/Sponge Iron/Pig Iron, has seen a decline of 3.29%, further contributing to the negative sentiment surrounding Rama Steel Tubes Ltd.<BR><BR>Despite a rise in investor participation, with a delivery volume increase of 17.79% against the 5-day average, the overall market conditions and the stock's performance suggest a continued downward trend.

Why is Rama Steel Tubes Ltd falling/rising?

As of 20-Mar, Rama Steel Tubes Ltd's stock price has risen to 5.41, reflecting a 3.24% increase today. However, despite this short-term gain, the stock has significantly underperformed over the past week, month, and year, indicating a concerning long-term outlook.

As of 20-Mar, Rama Steel Tubes Ltd is experiencing a rise in its stock price, currently at 5.41, which reflects an increase of 0.17 or 3.24%. This upward movement today is notable as the stock has outperformed its sector by 0.3%. Additionally, there has been a rise in investor participation, with a delivery volume of 69.54 lacs on 19 March, which is 0.93% higher than the 5-day average delivery volume.<BR><BR>However, it is important to contextualize this rise within the broader performance metrics of the stock. Over the past week, the stock has declined by 3.91%, and its performance over the past month shows a significant drop of 27.19%. Year-to-date, the stock has fallen by 42.45%, and over the past year, it has decreased by 47.01%. These figures indicate a troubling trend, as the stock has consistently underperformed compared to the Sensex and other benchmarks.<BR><BR>Despite today's positive movement, 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. This suggests that the current price may not be sustainable in the long term. Furthermore, the company has faced challenges, including a significant decline in profits by 31.8% over the past year and a low return on capital employed (ROCE) of 6.27%. <BR><BR>In summary, while there is a short-term rise in the stock price of Rama Steel Tubes Ltd, the long-term outlook remains concerning due to poor growth metrics and significant declines in performance over various periods.

Why is Rama Steel Tubes Ltd falling/rising?

As of 23-Mar, Rama Steel Tubes Ltd's stock price is at Rs. 4.59, down 15.16%, with a significant decline of 38.55% over the past month and a year-to-date drop of 51.17%. The stock has hit a new 52-week low and is trading below all major moving averages, reflecting a bearish trend amid decreased investor participation.

As of 23-Mar, Rama Steel Tubes Ltd's stock price is falling, currently at Rs. 4.59, which represents a decrease of Rs. 0.82 or 15.16%. This decline is reflected in the stock's performance over various periods, with a significant drop of 38.55% over the past month and a year-to-date decrease of 51.17%. <BR><BR>The stock has also reached a new 52-week low of Rs. 4.45 today, indicating ongoing weakness. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The sector itself, Steel/Sponge Iron/Pig Iron, has experienced a decline of 5.17%, further contributing to the negative sentiment around the stock.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 43.33% compared to the 5-day average, indicating reduced interest from investors. Overall, these factors collectively explain the falling stock price of Rama Steel Tubes Ltd.

Why is Rama Steel Tubes Ltd falling/rising?

As of 24-Mar, Rama Steel Tubes Ltd's stock price is at 4.90, reflecting a 6.75% increase and significant investor participation. However, the stock has a year-to-date decline of 47.87% and is trading below its moving averages, indicating a longer-term downtrend despite today's positive movement.

As of 24-Mar, Rama Steel Tubes Ltd's stock price is rising, currently at 4.90, which reflects an increase of 0.31 or 6.75%. This rise is notable as it outperformed the sector by 4.28%. Additionally, there has been a significant increase in investor participation, with a delivery volume of 2.54 crore on March 23, marking a rise of 273.08% compared to the 5-day average delivery volume. <BR><BR>Despite the positive movement today, it is important to note that the stock has been underperforming over longer periods, with a year-to-date decline of 47.87% and a one-year decline of 52.20%. The stock is currently trading below its moving averages across various time frames, indicating a longer-term downtrend. However, the recent performance today, combined with increased trading activity, suggests a temporary upward movement in the stock price amidst a generally challenging environment.

Why is Rama Steel Tubes Ltd falling/rising?

As of 25-Mar, Rama Steel Tubes Ltd's stock price is at 4.74, reflecting a significant decline of -49.57% year-to-date and underperformance against the Sensex and its sector. The stock is trading below all key moving averages, indicating a bearish trend and decreased investor participation.

As of 25-Mar, Rama Steel Tubes Ltd's stock price is falling, currently at 4.74, which reflects a change of -0.16 or -3.27%. The stock has significantly underperformed compared to the benchmark Sensex, with a one-week decline of -16.99% compared to the Sensex's -1.87%. Over the past month, the stock has dropped by -35.25%, while the Sensex has only decreased by -8.51%. Year-to-date, the stock is down -49.57%, in contrast to the Sensex's -11.67% decline. <BR><BR>Additionally, 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, indicating a bearish trend. Today's performance also shows that the stock has underperformed its sector, which has gained by 2.45%. Furthermore, there has been a decrease in investor participation, with delivery volume falling by -8.18% against the 5-day average. These factors collectively contribute to the downward movement of Rama Steel Tubes Ltd's stock price.

Which are the latest news on Rama Steel Tubes?