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Rama Steel Tubes share price

Rama Steel Tubes Ltd.

NSE: RAMASTEEL BSE: 539309 SECTOR: Steel & Iron Products  189k   228   35

13.90
+0.15 (1.09%)
BSE: 07 Nov 04:01 PM

Price Summary

Today's High

₹ 14.39

Today's Low

₹ 13.8

52 Week High

₹ 17.51

52 Week Low

₹ 9.91

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

2160.38 Cr.

Enterprise Value

2250.44 Cr.

No. of Shares

155.42 Cr.

P/E

110.32

P/B

5.33

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.61

CASH

9.4 Cr.

DEBT

99.46 Cr.

Promoter Holding

47.96 %

EPS (TTM)

₹  0.13

Sales Growth

-21.37%

ROE

9.56 %

ROCE

11.56%

Profit Growth

37.96 %

* 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 Year-21.37%
3 Year34.59%
5 Year14.44%

Profit Growth

1 Year37.96%
3 Year61.61%
5 Year24.38%

ROE%

1 Year9.56%
3 Year10.81%
5 Year8.08%

ROCE %

1 Year11.56%
3 Year11.84%
5 Year10.14%

Debt/Equity

0.3434

Price to Cash Flow

-298.54

Interest Cover Ratio

3.4267

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 47.96 0.00
Jun 2024 56.33 0.00
Mar 2024 56.70 0.00
Dec 2023 57.23 0.00
Sep 2023 57.14 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 61.6101781729683% for the Past 3 years.
  • The company has shown a good revenue growth of 34.5885361518893% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 60.6914 days.
  • Company has a healthy liquidity position with current ratio of 2.0047.

 Limitations

  • Company has negative cash flow from operations of -7.2364.
  • The company has a low EBITDA margin of 3.49648824866071% over the past 5 years.
  • The company is trading at a high PE of 110.32.
  • The company is trading at a high EV/EBITDA of 53.6195.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 219.29 155.63 211.45 207.7 158.3
Total Expenditure 208.53 149.35 199.86 199.44 153.5
Operating Profit 10.75 6.28 11.6 8.27 4.79
Other Income 1.05 1.37 2.03 5.2 1.54
Interest 3.04 1.27 4.96 3.04 1.69
Depreciation 0.97 1.04 1.13 1.24 1.43
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.79 5.34 7.54 9.2 3.22
Tax 2.08 1.34 1.84 1.9 0.63
Profit After Tax 5.71 4 5.7 7.29 2.58
Adjusted EPS (Rs) 0.04 0.03 0.04 0.05 0.02

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 291.76 325.71 517.32 1009.87 794.07
Total Expenditure 285.84 314.7 495.41 977.01 757.19
Operating Profit 5.93 11.01 21.9 32.86 36.88
Other Income 7.05 3.13 4.29 4.01 9.67
Interest 8.07 6.1 7.87 11.3 12.31
Depreciation 2.22 2.66 3.14 3.08 4.38
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.69 6.78 14.53 22.49 29.86
Tax 1.31 1.4 4.01 6.03 7.16
Net Profit 1.37 5.38 10.52 16.45 22.7
Adjusted EPS (Rs.) 0.01 0.04 0.08 0.12 0.15

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 8.4 8.4 8.4 46.58 154.42
Total Reserves 74.63 80.07 89.73 163.38 137.13
Borrowings 11.3 24.26 23.05 19.72 15.7
Other N/C liabilities 3.44 2.73 2.7 3.07 4.05
Current liabilities 90.49 78.55 149.21 139.33 179.02
Total Liabilities 188.26 194.01 273.09 372.08 490.31
Assets
Net Block 23.15 33.73 32.25 74.87 79.29
Capital WIP 6.79 1.84 5.74 1.28 0.96
Intangible WIP 0 0 0 0 0
Investments 16.29 14.06 13.42 17.22 13.74
Loans & Advances 21.99 18.55 13.35 52 33.29
Other N/C Assets 1.29 8.37 9.8 4.72 4.16
Current Assets 118.75 117.46 198.53 222 358.87
Total Assets 188.26 194.01 273.09 372.08 490.31
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 2.69 6.78 14.53 22.49 29.86
Adjustment 5.45 5.3 9.08 14.11 16.36
Changes in Assets & Liabilities 6.74 -7.37 -54.71 -79.58 -44.54
Tax Paid -0.62 -0.75 -2.24 -4.64 -8.92
Operating Cash Flow 14.25 3.96 -33.34 -47.63 -7.24
Investing Cash Flow -4.89 -6.36 -3.28 -44.48 -4.36
Financing Cash Flow -9.21 0.71 33.1 94.45 17.33
Net Cash Flow 0.15 -1.69 -3.52 2.34 5.74

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 57.14 57.23 56.70 56.33 47.96
arun dhir 0.13 0.13 0.13 0.13 0.13
charanjit lal dhir 0.33 0.33 0.33 0.33 0.33
kanika bansal 0.55 0.54 0.54 0.54 0.54
krati bansal 2.22 2.21 2.19 2.17 2.17
kumud bansal 3.42 3.39 3.36 3.34 3.34
naresh kumar bansal 30.26 30.05 29.77 29.58 25.72
nikhil naresh bansal 6.69 6.65 6.59 6.54 6.54
richi bansal 7.25 7.69 7.62 7.57 3.07
sangeeta dhir 0.01 0.01 0.01 0.01 0.01
tarun dhir 6.27 6.22 0.14 0.14 0.14
tarun dhir (partner of m/... - - 5.88 5.84 5.84
tarun dhir (partner of m/... - - 0.15 0.14 0.14
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 42.86 42.77 43.30 43.67 52.04
ashokkumar bansal 1.99 1.97 1.96 1.67 1.20
shankar shashi sharma (al... - - - 1.57 1.57
the great international t... 2.07 2.05 2.03 2.02 2.02
aviator global investment... 3.70 3.68 3.64 3.15 -
shashi bansal 1.39 1.38 1.37 - -
elara india opportunities... 2.96 2.24 - - -
jainam broking limited 2.14 2.26 - - -
l7 hitech private limited... - 1.43 - - -
saumik ketan doshi - 1.53 - - -

Ratings & Research Reports

Company Presentations

Company News

Rama Steel Tubes registers 42% rise in sales volume in Q2FY25 7 Oct, 4:50 PM Rama Steel Tubes informs about press release 13 Sep, 3:08 PM Rama Steel Tubes enters into strategic collaboration with Onix Renewable 4 Sep, 11:08 AM Rama Steel Tubes incorporates wholly owned subsidiary 3 Sep, 2:41 PM Rama Steel Tubes informs about incorporation of wholly owned subsidiary company 3 Sep, 12:22 PM Rama Steel Tubes gets nod to incorporate wholly owned subsidiary 16 Aug, 11:17 AM Rama Steel Tubes - Quaterly Results 14 Aug, 5:55 PM Rama Steel Tubes informs about outcome of EGM 1 Jun, 4:22 PM Rama Steel Tubes - Quaterly Results 30 May, 8:26 PM Rama Steel Tubes - Quaterly Results 30 May, 8:26 PM Rama Steel Tubes informs about EGM cutoff date 6 May, 5:19 PM Rama Steel Tubes informs about EGM 6 May, 5:11 PM Rama Steel Tubes informs about press release 4 May, 3:09 PM Rama Steel Tubes informs about fund raising 22 Apr, 2:50 PM Rama Steel Tubes informs about outcome of board meeting 20 Mar, 4:51 PM Rama Steel Tubes gets nod to sell 50% stake in Hager Mega Mart 6 Mar, 4:25 PM Rama Steel Tubes informs about record date 6 Mar, 2:38 PM Rama Steel Tubes informs about voting results 29 Feb, 2:38 PM Rama Steel Tubes informs about outcome of scrutinizer’s report of postal ballot 29 Feb, 2:34 PM Rama Steel Tubes - Quaterly Results 14 Feb, 5:45 PM Rama Steel Tubes - Quaterly Results 14 Feb, 5:45 PM Rama Steel Tubes informs about newspaper clippings 30 Jan, 5:06 PM Rama Steel Tubes informs about postal ballot notice 29 Jan, 4:30 PM Rama Steel Tubes informs about corporate action 24 Jan, 2:54 PM Rama Steel Tubes registers 12% fall in sales volume during Q3FY24 2 Jan, 6:00 PM Rama Steel Tubes informs about media release 5 Dec, 12:17 PM Rama Steel Tubes initiates capacity expansion at Khopoli Plant 5 Dec, 11:59 AM Rama Steel Tubes - Quaterly Results 10 Nov, 3:21 PM Rama Steel Tubes - Quaterly Results 10 Nov, 3:21 PM Rama Steel planning to raise funds 16 Oct, 2:30 PM Rama Steel Tubes - Quaterly Results 14 Aug, 1:30 PM Rama Steel Tubes - Quaterly Results 14 Aug, 1:30 PM Rama Steel Tubes - Quaterly Results 14 Aug, 1:30 PM Rama Steel Tubes informs about media release 18 Jul, 12:25 PM Rama Steel Tubes inks strategic MoU with JSW Steel 18 Jul, 11:22 AM Rama Steel Tubes informs about press release 4 Jul, 4:09 PM Rama Steel Tubes - Quaterly Results 30 May, 5:25 PM Rama Steel Tubes - Quaterly Results 30 May, 5:25 PM Rama Steel Tubes informs about press release 3 Apr, 12:14 PM Rama Steel Tubes registers sales volume growth of 87% in Q4FY23 3 Apr, 11:28 AM Rama Steel Tubes informs about press release 4 Mar, 3:35 PM Rama Steel Tubes informs about press release 15 Feb, 4:38 PM Rama Steel Tubes - Quaterly Results 15 Feb, 10:43 AM Rama Steel Tubes - Quaterly Results 15 Feb, 10:43 AM Rama Steel Tubes - Quaterly Results 15 Feb, 10:43 AM Rama Steel Tubes signs MoU with Government of Uttar Pradesh 12 Jan, 6:01 PM Rama Steel Tubes informs about results of postal ballot 24 Dec, 3:38 PM Rama Steel Tubes bags two new orders worth around Rs 6.7 crore 3 Dec, 10:19 AM Rama Steel Tubes informs about newspaper publication 30 Nov, 4:54 PM Rama Steel Tubes informs about notice of postal ballot 23 Nov, 4:32 PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Rama Steel Tubes stock price today is Rs 13.59. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Rama Steel Tubes . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 107.857142857143 which is high and comparatively overvalued .

  • Share Price: - The current share price of Rama Steel Tubes is Rs 13.59. 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 5.2646 % 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 2.0047 .

  • 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 9.5577 % .(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 Debt to Equity ratio of 0.3434 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Rama Steel Tubes has reported revenue growth of -21.3687 % which is poor 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 4.64424641281941 %.

  • 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 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Rama Steel Tubes is Rs 0.126 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Rama Steel Tubes in Ticker for free. Also, one can get the intrinsic value of Rama Steel Tubes by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Rama Steel Tubes
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