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Rama Steel Tubes share price

Rama Steel Tubes Ltd.

NSE: RAMASTEEL BSE: 539309 SECTOR: Steel & Iron Products  84k   143   22

13.70
-0.05 (-0.36%)
NSE: 26 Apr 04:02 PM

Price Summary

Today's High

₹ 13.95

Today's Low

₹ 13.65

52 Week High

₹ 16.83

52 Week Low

₹ 10.02

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2129.3 Cr.

Enterprise Value

2254.08 Cr.

No. of Shares

155.42 Cr.

P/E

83.54

P/B

5.63

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.43

CASH

3.66 Cr.

DEBT

128.44 Cr.

Promoter Holding

56.7 %

EPS (TTM)

₹  0.16

Sales Growth

95.21%

ROE

11.61 %

ROCE

12.18%

Profit Growth

56.44 %

* 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

View Full Peer Comparison
* 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 Year95.21%
3 Year51.27%
5 Year24.74%

Profit Growth

1 Year56.44%
3 Year128.85%
5 Year9.21%

ROE%

1 Year11.61%
3 Year9.72%
5 Year8.15%

ROCE %

1 Year12.18%
3 Year10.69%
5 Year10.4%

Debt/Equity

0.6929

Price to Cash Flow

-44.7

Interest Cover Ratio

2.99073975707355

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 56.7 0
Dec 2023 57.23 0
Sep 2023 57.14 0
Jun 2023 63.91 0
Mar 2023 65.12 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 128.853869547755% for the Past 3 years.
  • The company has shown a good revenue growth of 51.2667634296906% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 49.8828674718865 days.
  • The company has a high promoter holding of 56.7%.

 Limitations

  • Company has negative cash flow from operations of -47.6304.
  • The company has a low EBITDA margin of 3.282565937987% over the past 5 years.
  • The company is trading at a high PE of 83.54.
  • The company is trading at a high EV/EBITDA of 42.8777.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 244.66 336.98 219.29 155.63 211.45
Total Expenditure 236.57 319.63 208.53 149.35 199.86
Operating Profit 8.09 17.35 10.75 6.28 11.6
Other Income 1.53 0.87 1.05 1.37 2.03
Interest 3.1 3.64 3.04 1.27 4.96
Depreciation 0.76 0.82 0.97 1.04 1.13
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.75 13.77 7.79 5.34 7.54
Tax 1.44 3.69 2.08 1.34 1.84
Profit After Tax 4.31 10.08 5.71 4 5.7
Adjusted EPS (Rs) 0.03 0.07 0.04 0.03 0.04

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 404.56 291.76 325.71 517.32 1009.87
Total Expenditure 390.35 285.84 314.7 495.41 977.01
Operating Profit 14.21 5.93 11.01 21.9 32.86
Other Income 5.72 7.05 3.13 4.29 4.01
Interest 7.65 8.07 6.1 7.87 11.3
Depreciation 2.18 2.22 2.66 3.14 3.08
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.1 2.69 6.78 14.53 22.49
Tax 2.48 1.31 1.4 4.01 6.03
Net Profit 7.63 1.37 5.38 10.52 16.45
Adjusted EPS (Rs.) 0.06 0.01 0.04 0.08 0.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.4 8.4 8.4 8.4 46.58
Total Reserves 73.26 74.63 80.07 89.73 163.38
Borrowings 10.08 11.3 24.26 23.05 19.72
Other N/C liabilities 2.05 3.44 2.73 2.7 3.07
Current liabilities 83.67 90.49 78.55 149.21 139.33
Total Liabilities 177.46 188.26 194.01 273.09 372.08
Assets
Net Block 23.69 23.15 33.73 32.25 74.87
Capital WIP 0.93 6.79 1.84 5.74 1.28
Intangible WIP 0 0 0 0 0
Investments 14.12 16.29 14.06 13.42 17.22
Loans & Advances 9.68 21.99 18.55 13.35 52
Other N/C Assets 1.84 1.29 8.37 9.8 4.72
Current Assets 127.21 118.75 117.46 198.53 222
Total Assets 177.46 188.26 194.01 273.09 372.08
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 10.1 2.69 6.78 14.53 22.49
Adjustment 5.89 5.45 5.3 9.08 14.11
Changes in Assets & Liabilities -22.23 6.74 -7.37 -54.71 -79.58
Tax Paid -5.07 -0.62 -0.75 -2.24 -4.64
Operating Cash Flow -11.31 14.25 3.96 -33.34 -47.63
Investing Cash Flow -0.54 -4.89 -6.36 -3.28 -44.48
Financing Cash Flow 11.94 -9.21 0.71 33.1 94.45
Net Cash Flow 0.09 0.15 -1.69 -3.52 2.34

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 65.12 63.91 57.14 57.23 56.70
arun dhir 0.14 0.14 0.13 0.13 0.13
charanjit lal dhir 0.36 0.35 0.33 0.33 0.33
kanika bansal 0.60 0.58 0.55 0.54 0.54
krati bansal 2.42 2.37 2.22 2.21 2.19
kumud bansal 3.71 3.65 3.42 3.39 3.36
naresh kumar bansal 35.90 35.24 30.26 30.05 29.77
nikhil naresh bansal 7.28 7.14 6.69 6.65 6.59
richi bansal 7.89 7.74 7.25 7.69 7.62
sangeeta dhir 0.01 0.01 0.01 0.01 0.01
tarun dhir 6.81 6.69 6.27 6.22 0.14
tarun dhir (partner of m/... - - - - 5.88
tarun dhir (partner of m/... - - - - 0.15
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 34.88 36.09 42.86 42.77 43.30
ashokkumar bansal 2.19 2.15 1.99 1.97 1.96
aviator global investment... - - 3.70 3.68 3.64
shashi bansal 1.51 1.49 1.39 1.38 1.37
the great international t... - - 2.07 2.05 2.03
elara india opportunities... 1.74 3.16 2.96 2.24 -
jainam broking limited - 1.49 2.14 2.26 -
l7 hitech private limited... - - - 1.43 -
saumik ketan doshi - - - 1.53 -
sixteenth street asian ge... 2.06 2.02 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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

Company News

Rama Steel Tubes informs about fund raising 22 Apr 2024, 2:50PM Rama Steel Tubes informs about outcome of board meeting20 Mar 2024, 4:51PM Rama Steel Tubes gets nod to sell 50% stake in Hager Mega Mart6 Mar 2024, 4:25PM Rama Steel Tubes informs about record date6 Mar 2024, 2:38PM Rama Steel Tubes informs about voting results29 Feb 2024, 2:38PM Rama Steel Tubes informs about outcome of scrutinizer’s report of postal ballot29 Feb 2024, 2:34PM Rama Steel Tubes - Quaterly Results14 Feb 2024, 5:45PM Rama Steel Tubes - Quaterly Results14 Feb 2024, 5:45PM Rama Steel Tubes informs about newspaper clippings30 Jan 2024, 5:06PM Rama Steel Tubes informs about postal ballot notice29 Jan 2024, 4:30PM Rama Steel Tubes informs about corporate action24 Jan 2024, 2:54PM Rama Steel Tubes registers 12% fall in sales volume during Q3FY242 Jan 2024, 6:00PM Rama Steel Tubes informs about media release5 Dec 2023, 12:17PM Rama Steel Tubes initiates capacity expansion at Khopoli Plant5 Dec 2023, 11:59AM Rama Steel Tubes - Quaterly Results10 Nov 2023, 3:21PM Rama Steel Tubes - Quaterly Results10 Nov 2023, 3:21PM Rama Steel planning to raise funds 16 Oct 2023, 2:30PM Rama Steel Tubes - Quaterly Results14 Aug 2023, 1:30PM Rama Steel Tubes - Quaterly Results14 Aug 2023, 1:30PM Rama Steel Tubes - Quaterly Results14 Aug 2023, 1:30PM Rama Steel Tubes informs about media release18 Jul 2023, 12:25PM Rama Steel Tubes inks strategic MoU with JSW Steel18 Jul 2023, 11:22AM Rama Steel Tubes informs about press release4 Jul 2023, 4:09PM Rama Steel Tubes - Quaterly Results30 May 2023, 5:25PM Rama Steel Tubes - Quaterly Results30 May 2023, 5:25PM Rama Steel Tubes informs about press release 3 Apr 2023, 12:14PM Rama Steel Tubes registers sales volume growth of 87% in Q4FY233 Apr 2023, 11:28AM Rama Steel Tubes informs about press release4 Mar 2023, 3:35PM Rama Steel Tubes informs about press release 15 Feb 2023, 4:38PM Rama Steel Tubes - Quaterly Results15 Feb 2023, 10:43AM Rama Steel Tubes - Quaterly Results15 Feb 2023, 10:43AM Rama Steel Tubes - Quaterly Results15 Feb 2023, 10:43AM 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 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 83.5365853658536 which is high and comparatively overvalued .

  • Share Price: - The current share price of Rama Steel Tubes is Rs 13.7. One can use valuation calculators of ticker to know if Rama Steel Tubes share price is undervalued or 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 5.10079355804096 % 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 1.59331175448921 .

  • 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 11.6083617115392 % .(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 0.6929 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 13.1177710332788 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 95.2119733045953 % 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 3.25389801832066 %.

  • 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 and the yield is 0 %.

Last Updated on:
Brief about Rama Steel Tubes
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