Rama Steel Tubes

Why is Rama Steel Tubes Ltd falling/rising?

As of 12-Jun, the stock price of Rama Steel Tubes Ltd is rising to 5.23, indicating a potential trend reversal after recent declines. However, the stock has significantly underperformed over the long term, with a year-to-date decline of 44.36% and concerns about its fundamentals and investor confidence.

As of 12-Jun, the stock price of Rama Steel Tubes Ltd is rising, currently at 5.23, reflecting a change of 0.07 or 1.36% increase. This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. However, despite this short-term gain, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 44.36% and a staggering 60.08% drop over the past year.<BR><BR>The stock's performance today is described as inline with the sector, yet it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a generally bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 33.59% compared to the 5-day average, indicating reduced interest from investors.<BR><BR>Fundamentally, the company faces serious challenges, including a weak long-term growth outlook with a -5.63% CAGR in operating profits over the last five years and a high debt to EBITDA ratio of 7.65 times, which raises concerns about its ability to service debt. The recent financial results have also been disappointing, with a -16.05% fall in net sales and a significant drop in both profit before tax and profit after tax.<BR><BR>Moreover, promoter confidence appears to be waning, as they have decreased their stake in the company by 1.87% over the previous quarter. This reduction in ownership may reflect a lack of confidence in the company's future prospects. Overall, while the stock is experiencing a brief rise, the underlying fundamentals and long-term performance indicators suggest a precarious situation for Rama Steel Tubes Ltd.

Which are the latest news on Rama Steel Tubes?

What does Rama Steel Tubes do?

Rama Steel Tubes Ltd manufactures steel pipes and tubes and is categorized as a Micro Cap company. As of March 2026, it reported net sales of 246 Cr and a net profit of 4 Cr, with a market cap of INR 862 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 Micro Cap company.<BR><BR>History: <BR>Rama Steel Tubes Ltd was incorporated on February 26, 1974, in New Delhi. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 246 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 4 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 862 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 65.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.26 <BR>Return on Equity: 2.76% <BR>Price-to-Book: 1.79 <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

How big is Rama Steel Tubes?

As of 10th June, Rama Steel Tubes Ltd has a market capitalization of 862.00 Cr, with recent net sales of 1124.11 Cr and a net profit of 13.16 Cr. Shareholder's funds are valued at 364.30 Cr, and total assets amount to 756.98 Cr.

As of 10th June, Rama Steel Tubes Ltd has a market capitalization of 862.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1124.11 Cr and a Net Profit of 13.16 Cr.<BR><BR>For the latest annual period, the Shareholder's Funds were valued at 364.30 Cr, while the Total Assets stood at 756.98 Cr.

Who are in the management team of Rama Steel Tubes?

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

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 plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Rama Steel Tubes?

Rama Steel Tubes' peers include Gandhi Spl. Tube, Cosmic CRF, India Homes, and Kamdhenu, among others. While India Homes has the highest 1-year return at 277.92%, Rama Steel Tubes has a significantly lower return of -61.68%.

Peers: The peers of Rama Steel Tubes are Gandhi Spl. Tube, Cosmic CRF, India Homes, Uni Abex Alloy, Beekay Steel Ind, Kamdhenu, Scoda Tubes, Panchmahal Steel, and Azad India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gandhi Spl. Tube, Cosmic CRF, Uni Abex Alloy, and Kamdhenu, while Average management risk is found at Rama Steel Tubes, Beekay Steel Ind, Scoda Tubes, Panchmahal Steel, and the rest. Below Average management risk is noted for India Homes and Azad India. In terms of growth, Excellent growth is seen at Cosmic CRF and Azad India, while Good growth is observed at Scoda Tubes. Average growth is found at Uni Abex Alloy, and Below Average growth is noted for Rama Steel Tubes, Gandhi Spl. Tube, Beekay Steel Ind, Kamdhenu, Panchmahal Steel, and India Homes. Capital Structure ratings show Excellent at Gandhi Spl. Tube, Cosmic CRF, Uni Abex Alloy, and Kamdhenu, Good at Beekay Steel Ind, and Below Average at Rama Steel Tubes, India Homes, and Panchmahal Steel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is India Homes at 277.92%, while the lowest is Cosmic CRF at -36.58%. Rama Steel Tubes has a 1-year return of -61.68%, which is significantly lower than both. Additionally, the six-month return is negative for Cosmic CRF, India Homes, Uni Abex Alloy, Beekay Steel Ind, Scoda Tubes, Kamdhenu, Panchmahal Steel, and Azad India.

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

Are Rama Steel Tubes Ltd latest results good or bad?

Rama Steel Tubes Ltd's latest results are concerning, with a 37.43% decline in net profit and a 16.05% drop in revenue year-on-year, indicating significant operational challenges and reduced investor confidence. The stock has also fallen 54.89% over the past year, reflecting ongoing technical weakness.

The latest results for Rama Steel Tubes Ltd are concerning. In the fourth quarter of FY26, the company reported a net profit of ₹4.28 crore, which is a significant decline of 37.43% year-on-year. Revenue also fell sharply by 16.05% year-on-year, reaching ₹246.15 crore, marking the lowest quarterly revenue in the past seven quarters. <BR><BR>Operating margins have deteriorated drastically, collapsing to 1.73% from 4.11% in the same quarter last year. This reflects severe pricing pressures and operational challenges. Additionally, the company's reliance on non-operating income to support profitability raises questions about the sustainability of its earnings.<BR><BR>The stock has faced significant downward pressure, trading at ₹5.26, down 54.89% over the past year, and is currently below all major moving averages, indicating persistent technical weakness and eroding investor confidence. Overall, the financial performance suggests a troubling trend, highlighting multiple challenges that the company is facing.

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

The next results date for Rama Steel Tubes Ltd is 30 May 2026.

The next results date for Rama Steel Tubes Ltd is scheduled for 30 May 2026.

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.

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.

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.

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.