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Rama Steel Tubes Limited share price

Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and railway electrification systems; and solar project solutions, including specialized steel structures and single-axis trackers. In addition, the company offers ERW galvanized steel pipes and tubes, scaffolding pipes and tubes, and casing swaged poles, as well as pipes with grooves, light poles, fire-fi…Read more
Basic MaterialsSteelNSE: RAMASTEELISIN INE230R01035
16 Oct 2026, 3:14 PM IST₹3.93▼ 0.06 (1.50%)
  • Market Cap₹ 643 Cr.
  • Current Price₹ 3.93
  • High / Low₹ 11 / 3
  • Stock P/E39.3
  • Book Value₹ 3
  • Dividend Yield0.00 %
  • ROCE5.5 %
  • ROE3.00 %
  • Face Value₹ 1.0
More figures (10)
  • EPS (TTM)₹ 0.10
  • Price / Book1.17
  • OPM1.0 %
  • Debt / Equity0.27
  • Sales growth (5Y)19.0 %
  • Profit growth (5Y)-0.3 %
  • Promoter holding40.7 %
  • EV / EBITDA37.3
  • Beta1.10
  • All-time high₹ 18

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
RAMASTEEL+0.26%-10.48%-30.32%-58.10%-60.58%-31.69%+1.20%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Rama Steel Tubes Limited is in the Steel industry (Basic Materials), with a market value of ₹643 crore.
  • It trades at 39.3 times its last 12 months' earnings and 1.2 times book value.
  • Revenue grew 19.0% a year over the last 5 years, profit -0.3% a year.
  • Return on equity was 3.0% and return on capital employed 5.5% in the latest year.
  • Debt was 0.27 times shareholders' equity.
  • The share price is 65.2% below its 52-week high and down 60.6% over one year.
  • Promoters and insiders hold about 40.7%; institutions about 0.2%.

Pros

  • Sales have grown 19.0% a year over the last 5 years.
  • Borrowings are moderate at 0.27 times shareholders' equity.

Cons

  • Return on equity has been low: 6.5% on average over the last 3 years.
  • Interest cover is thin: operating earnings are 2.2 times the interest cost.
  • Profit growth has been weak: -0.3% a year over the last 5 years.
  • Promoter holding has fallen by 23.30 points over 3 years, to 33.93%.
  • Other income makes up 68% of profit before tax.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Rama Steel Tubes Limited

Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and railway electrification systems; and solar project solutions, including specialized steel structures and single-axis trackers. In addition, the company offers ERW galvanized steel pipes and tubes, scaffolding pipes and tubes, and casing swaged poles, as well as pipes with grooves, light poles, fire-fix end piping systems, casing pipes, and square and rectangular pipes. It exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Somalia, Ghana, Sudan…

Employees
100
Head office
New Delhi

Peer comparison

Basic MaterialsSteel

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Rama Steel Tubes3.9339.36430.0059.86223-16.715.5
2.JSW Steel1,216.3012.12,96,8960.594,696112.5847,3649.7718.7
3.Tata Steel175.5019.82,18,9242.272,31811.5860,41214.5411.3
4.Jindal Steel1,045.2039.11,06,3480.19845—15,55316.997.5
5.Lloyds Metals and Energy1,851.7021.31,04,2080.061,727164.877,289206.6319.4
6.Steel Authority of India170.9516.570,6111.381,644120.8026,2461.257.2
7.Welspun Corp2,571.5029.467,8110.201,04649.864,0813.9819.5
8.NMDC71.698.463,0292.821,9760.446,7950.8428.4
9.Jindal Stainless736.5518.760,6880.557697.7311,27910.5017.8
10.APL Apollo Tubes2,152.7048.159,7720.40263-10.245,4382.1428.0
Median: 46 Co.890.8824.07,1770.061,34511.589,2846.8818.3

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
313203262268217263275293268320289246223
296191245255205262270281267316283242217
Operating Profit1612171311151225646
OPM %5%6%7%5%5%0%2%4%1%2%2%2%3%
Other Income11201951102241
Interest7473333333332
Depreciation1111211111112
Profit before tax981010766972434
25%18%13%21%16%28%10%30%31%58%58%-5%-43%
7798646751245
EPS in Rs0.050.030.060.120.040.030.040.080.030.040.010.030.03
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
3823825043534707681,3371,0471,0481,1241,079
3603604883444527261,2859871,0191,1071,058
Operating Profit222216918435159291722
OPM %6%6%3%2%4%6%4%6%3%2%2%
Other Income5534397417189
Interest779108112021121211
Depreciation22333456666
Profit before tax18187-011373337281714
32%32%15%8%24%23%20%22%38%15%
13138111272730231112
EPS in Rs0.510.510.330.060.431.090.410.500.300.080.11
Dividend Payout %3%

Compounded Sales Growth

5 Years:
19%
3 Years:
-6%
TTM:
-2%

Compounded Profit Growth

5 Years:
0%
3 Years:
-26%
TTM:
-44%

Stock Price CAGR

5 Years:
1%
3 Years:
-32%
1 Year:
-61%

Return on Equity

4 Years:
8%
Last Year:
3%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital47154155164
Reserves204181209314
19314689130
252253305283
Total Liabilities695734758890
1038681105
CWIP2881028
564640666758
Total Assets695734758890

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
-961851-109
-53-13-9
143-13-66118
Net Cash Flow-65-12-0
Free Cash Flow-156537-116

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—10.7%10.0%6.5%3.0%
ROCE—17.7%15.3%10.4%5.5%
Operating margin—3.5%5.2%2.3%1.0%
Net margin—2.0%2.8%2.2%1.1%
Debt / equity—0.770.440.240.27
Current ratio—1.351.681.661.80
Debtor days—64768599
Inventory days—58514745
Days payable—638810689
Cash conversion cycle—59392655
Working capital days—38858893

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 33.93%
  • FIIs 2.67%
  • Public 63.40%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters57.23%56.70%56.33%47.96%47.96%47.96%47.84%37.76%37.76%35.89%34.18%33.93%
0.33%0.08%0.05%0.17%0.07%0.44%0.46%5.44%5.73%5.71%2.70%2.67%
0.59%
41.86%43.23%43.62%51.87%51.97%51.60%51.70%56.80%56.51%58.40%63.12%63.40%
No. of Shareholders74,0861,64,8802,79,7518,51,9488,50,5988,42,6618,97,3898,58,2788,17,8088,08,1048,08,5397,96,981

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
24 Feb 2022
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Rama Steel Tubes Limited

What is the share price of Rama Steel Tubes Limited today?
Rama Steel Tubes Limited (RAMASTEEL) last traded at ₹3.93 on NSE (16 Oct 2026, 3:14 PM IST). Prices may be delayed.
What is the market cap of Rama Steel Tubes Limited?
About ₹643 crore at the latest price.
What is the P/E ratio of Rama Steel Tubes Limited?
About 39.3 times its earnings over the last 12 months.
Is Rama Steel Tubes Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Rama Steel Tubes Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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