Rama Steel Tubes Ltd.

NSE: RAMASTEEL BSE: 539309 SECTOR: Steel & Iron Products  27k   76   13

34.85
-0.65 (-1.83%)
NSE: 03 Feb 03:58 PM

Price Summary

Today's High

₹ 36.25

Today's Low

₹ 34.1

52 Week High

₹ 46.1

52 Week Low

₹ 11.76

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1623.39 Cr.

Enterprise Value

1740.08 Cr.

No. of Shares

46.58 Cr.

P/E

189.51

P/B

7.46

Face Value

₹ 1

Div. Yield

0.01 %

Book Value (TTM)

₹  4.67

CASH

1.32 Cr.

DEBT

118.01 Cr.

Promoter Holding

65.12 %

EPS (TTM)

₹  0.18

Sales Growth

58.83%

ROE

11.27 %

ROCE

11.77%

Profit Growth

95.57 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year58.83%
3 Year8.54%
5 Year17.11%

Profit Growth

1 Year95.57%
3 Year11.32%
5 Year5.42%

ROE%

1 Year11.27%
3 Year6.4%
5 Year9.43%

ROCE %

1 Year11.77%
3 Year8.99%
5 Year11.89%

Debt/Equity

1.2026

Price to Cash Flow

-48.69

Interest Cover Ratio

2.84524520201699

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 65.12 0
Sep 2022 65.4 0
Jun 2022 70.46 0
Mar 2022 70.46 0
Dec 2021 62.33 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 64.1161906137502 days.
  • The company has a high promoter holding of 65.12%.

 Limitations

  • The company has shown a poor revenue growth of 8.5405142853064% for the Past 3 years.
  • Company has a poor ROE of 6.40453036403835% over the past 3 years.
  • Company has contingent liabilities of 45.1887 Cr.
  • Company has negative cash flow from operations of -33.344.
  • The company has a low EBITDA margin of 3.82266077579057% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 73.1834.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 114.38 114.83 195.54 178.2 250.03
Total Expenditure 108.96 110.46 187.69 175.17 245.62
Operating Profit 5.42 4.37 7.85 3.03 4.41
Other Income 0.82 1 1.53 0.64 0.96
Interest 1.96 2.05 1.99 2.32 2.24
Depreciation 0.79 0.81 0.77 0.72 0.79
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.48 2.51 6.62 0.63 2.34
Tax 0.67 0.64 1.98 0.23 0.67
Profit After Tax 2.81 1.87 4.64 0.4 1.66
Adjusted EPS (Rs) 0.07 0.04 0.11 0.01 0.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 334.33 404.56 291.76 325.71 517.32
Total Expenditure 314.1 390.35 285.84 314.7 495.41
Operating Profit 20.23 14.21 5.93 11.01 21.9
Other Income 4.27 5.72 7.05 3.13 4.29
Interest 6.02 7.65 8.07 6.1 7.87
Depreciation 2.13 2.18 2.22 2.66 3.14
Exceptional Items 0 0 0 0 0
Profit Before Tax 16.36 10.1 2.69 6.78 14.53
Tax 5.77 2.48 1.31 1.4 4.01
Net Profit 10.59 7.63 1.37 5.38 10.52
Adjusted EPS (Rs.) 0.25 0.18 0.03 0.13 0.25

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 8.4 8.4 8.4 8.4 8.4
Total Reserves 65.93 73.26 74.63 80.07 89.73
Borrowings 9.08 10.08 11.3 24.26 23.05
Other N/C liabilities 1.7 2.05 3.44 2.73 2.7
Current liabilities 52.32 83.67 90.49 78.55 149.21
Total Liabilities 137.43 177.46 188.26 194.01 273.09
Assets
Net Block 25.13 23.69 23.15 33.73 32.25
Capital WIP 0 0.93 6.79 1.84 5.74
Intangible WIP 0 0 0 0 0
Investments 11.59 14.12 16.29 14.06 13.42
Loans & Advances 1.35 9.68 21.99 18.55 13.35
Other N/C Assets 5.63 1.84 1.29 8.37 9.8
Current Assets 93.72 127.21 118.75 117.46 198.53
Total Assets 137.43 177.46 188.26 194.01 273.09
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 16.36 10.1 2.69 6.78 14.53
Adjustment 6.55 5.89 5.45 5.3 9.08
Changes in Assets & Liabilities -12.59 -22.23 6.74 -7.37 -54.71
Tax Paid -4.19 -5.07 -0.62 -0.75 -2.24
Operating Cash Flow 6.13 -11.31 14.25 3.96 -33.34
Investing Cash Flow -4.84 -0.54 -4.89 -6.36 -3.28
Financing Cash Flow -1.37 11.94 -9.21 0.71 33.1
Net Cash Flow -0.08 0.09 0.15 -1.69 -3.52

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 62.33 70.46 70.46 65.40 65.12
naresh kumar bansal 36.25 36.25 36.25 35.90 35.57
richi bansal 8.59 8.59 8.59 7.89 8.05
nikhil naresh bans... 7.98 7.98 7.98 7.28 7.43
tarun dhir - - - 6.81 6.95
kumud bansal 4.11 4.11 4.11 3.71 3.79
krati bansal 2.68 2.68 2.68 2.42 2.47
naresh kumar & sons - - - - -
kanika bansal 0.66 0.66 0.66 0.60 0.61
charanjit lal dhir - - - 0.36 0.37
arun dhir - - - 0.14 0.15
sangeeta dhir - - - 0.01 0.01
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 37.67 29.54 29.54 34.60 34.88
tarun dhir 5.69 5.69 5.69 - -
madhukar sheth 2.77 3.30 3.89 - -
sixteenth street a... - - - 2.39 2.44
ashokkumar ramlal ... - - - - 2.24
ashokkumar bansal - - - 2.19 -
pune e stock broki... - - - - -
elara india opport... - - - 1.74 1.78
rita dhawan 1.64 1.64 1.77 - -
siddharth iyer 1.25 - - - -
shashi bansal - - - 1.51 1.55
pune e stock broki... - - 1.53 - -
share india securi... - - - - -
e trav tech privat... - - - - 1.01
axis bank limited - 1.02 - - -
prafulchandra anan... - - 1.15 - -
sumit p desai (huf) - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ1FY22 7 Sep 2021
  • PresentationQ3FY22 3 Mar 2022
  • PresentationQ3FY22 17 Feb 2022

Company News

Rama Steel Tubes signs MoU with Government of Uttar Pradesh12 Jan 2023, 6:01PM Rama Steel Tubes informs about results of postal ballot 24 Dec 2022, 3:38PM Rama Steel Tubes bags two new orders worth around Rs 6.7 crore3 Dec 2022, 10:19AM Rama Steel Tubes informs about newspaper publication30 Nov 2022, 4:54PM Rama Steel Tubes informs about notice of postal ballot23 Nov 2022, 4:32PM Rama Steel Tubes - Quaterly Results12 Nov 2022, 12:00PM Rama Steel Tubes - Quaterly Results12 Nov 2022, 12:00PM Rama Steel Tubes informs about clarification on price movement2 Nov 2022, 4:09PM Rama Steel Tubes reports 78% increase in sales volume in Q2FY234 Oct 2022, 4:54PM Rama Steel Tubes informs about revised outcome of board meeting1 Sep 2022, 12:46PM Rama Steel Tubes submits credit confirmation from depositories 30 Aug 2022, 4:53PM Rama Steel Tubes receives orders of Rs 14.7 crore 30 Aug 2022, 3:14PM Rama Steel Tubes informs about outcome of board meeting 19 Aug 2022, 4:26PM Rama Steel Tubes receives orders of Rs 7 crore from H.P. State Civil Supplies Corporation 13 Aug 2022, 10:17AM Rama Steel Tubes - Quaterly Results12 Aug 2022, 2:19PM Rama Steel Tubes - Quaterly Results12 Aug 2022, 2:19PM Rama Steel Tubes secures order of Rs 9.9 crore from HPSEBL25 Jul 2022, 2:46PM Rama Steel Tubes bags two new orders for Rs 26.40 crore21 Jul 2022, 12:23PM Rama Steel Tubes acquires 51% stake in Ashoka Infrasteel, 50% stake in Hagar Mega Mart6 Jul 2022, 5:37PM Rama Steel Tubes informs about outcome of board meeting30 May 2022, 3:48PM Rama Steel Tubes - Quaterly Results30 May 2022, 3:10PM Rama Steel Tubes - Quaterly Results30 May 2022, 3:10PM Rama Steel Tubes submits newspaper publication 10 May 2022, 4:25PM Rama Steel Tubes planning to raise funds11 Apr 2022, 5:27PM Rama Steel Tubes registers sales volume of 35,872 tonne in Q4FY22 7 Apr 2022, 3:58PM Rama Steel Tubes informs about investor presentation25 Feb 2022, 4:46PM Rama Steel Tubes - Quaterly Results14 Feb 2022, 2:56PM Rama Steel Tubes - Quaterly Results14 Feb 2022, 2:56PM Rama Steel Tubes planning to raise funds upto Rs 150 crore 7 Feb 2022, 12:10PM Rama Steel Tubes informs about open offer25 Jan 2022, 4:40PM Rama Steel Tubes’ arm signs new annual contract with Huihai Group 10 Jan 2022, 4:26PM Rama Steel Tubes setting up manufacturing facility in Nigeria10 Jan 2022, 2:17PM Rama Steel Tubes bags new order from Uttar Pradesh Power Corporation30 Dec 2021, 12:28PM Rama Steel Tubes informs about letter of offer24 Dec 2021, 4:38PM Rama Steel Tubes initiates capacity expansion at Khopoli plant24 Dec 2021, 2:48PM Rama Steel Tubes informs about credit rating20 Dec 2021, 4:53PM Rama Steel Tubes informs about media release15 Sep 2021, 4:36PM Rama Steel Tubes bags order worth Rs 42.90 crore15 Sep 2021, 3:55PM Rama Steel Tubes submits annual report and AGM notice7 Sep 2021, 4:28PM Rama Steel Tubes informs about outcome of board meeting18 Jun 2021, 5:16PM Rama Steel Tubes enhancing additional manufacturing capacity at Anantpur Plant30 Jul 2020, 9:24AM Rama Steel Tubes informs about board meeting22 Jun 2020, 4:31PM

Rama Steel Tubes Stock Price Analysis and Quick Research Report. Is Rama Steel Tubes an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Rama Steel Tubes has a PE ratio of 189.505165851006 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Rama Steel Tubes has ROA of 4.50367052808933 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Rama Steel Tubes has a Current ratio of 1.33052820497699 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Rama Steel Tubes has a ROE of 11.2741772111195 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Rama Steel Tubes has a D/E ratio of 1.2026 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Rama Steel Tubes has an Inventory turnover ratio of 6.98317574586042 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Rama Steel Tubes has reported revenue growth of 58.8276380829572 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Rama Steel Tubes for the current financial year is 4.23397623316435 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Rama Steel Tubes is Rs 0.5 and the yield is 0.0115 %.

Brief about Rama Steel Tubes

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