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Rama Steel Tubes NSEI:RAMASTEEL Stock Report

Last Price

₹12.22

Market Cap

₹19.5b

7D

-6.9%

1Y

-0.7%

Updated

20 Dec, 2024

Data

Company Financials

Rama Steel Tubes Limited

NSEI:RAMASTEEL Stock Report

Market Cap: ₹19.5b

RAMASTEEL Stock Overview

Engages in the manufacture and trading of steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. More details

RAMASTEEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Risk Analysis

No risks detected for RAMASTEEL from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Rama Steel Tubes Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rama Steel Tubes
Historical stock prices
Current Share Price₹12.22
52 Week High₹17.55
52 Week Low₹9.90
Beta1.03
1 Month Change-0.57%
3 Month Change-19.82%
1 Year Change-0.65%
3 Year Change285.17%
5 Year Change1,914.29%
Change since IPO1,310.00%

Recent News & Updates

Revenues Tell The Story For Rama Steel Tubes Limited (NSE:RAMASTEEL) As Its Stock Soars 53%

Sep 17
Revenues Tell The Story For Rama Steel Tubes Limited (NSE:RAMASTEEL) As Its Stock Soars 53%

Recent updates

Revenues Tell The Story For Rama Steel Tubes Limited (NSE:RAMASTEEL) As Its Stock Soars 53%

Sep 17
Revenues Tell The Story For Rama Steel Tubes Limited (NSE:RAMASTEEL) As Its Stock Soars 53%

Rama Steel Tubes Limited's (NSE:RAMASTEEL) Business Is Yet to Catch Up With Its Share Price

Aug 03
Rama Steel Tubes Limited's (NSE:RAMASTEEL) Business Is Yet to Catch Up With Its Share Price

Solid Earnings May Not Tell The Whole Story For Rama Steel Tubes (NSE:RAMASTEEL)

Jun 07
Solid Earnings May Not Tell The Whole Story For Rama Steel Tubes (NSE:RAMASTEEL)

Rama Steel Tubes (NSE:RAMASTEEL) Hasn't Managed To Accelerate Its Returns

Mar 14
Rama Steel Tubes (NSE:RAMASTEEL) Hasn't Managed To Accelerate Its Returns

Why Investors Shouldn't Be Surprised By Rama Steel Tubes Limited's (NSE:RAMASTEEL) 25% Share Price Surge

Jan 27
Why Investors Shouldn't Be Surprised By Rama Steel Tubes Limited's (NSE:RAMASTEEL) 25% Share Price Surge

Do Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Warrant Your Attention?

Sep 28
Do Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Warrant Your Attention?

Returns On Capital Signal Tricky Times Ahead For Rama Steel Tubes (NSE:RAMASTEEL)

Apr 06
Returns On Capital Signal Tricky Times Ahead For Rama Steel Tubes (NSE:RAMASTEEL)

Do Rama Steel Tubes's (NSE:RAMASTEEL) Earnings Warrant Your Attention?

Dec 23
Do Rama Steel Tubes's (NSE:RAMASTEEL) Earnings Warrant Your Attention?

Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Are Weaker Than They Seem

Nov 20
Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Are Weaker Than They Seem

There Are Reasons To Feel Uneasy About Rama Steel Tubes' (NSE:RAMASTEEL) Returns On Capital

Oct 11
There Are Reasons To Feel Uneasy About Rama Steel Tubes' (NSE:RAMASTEEL) Returns On Capital

Rama Steel Tubes (NSE:RAMASTEEL) Has A Pretty Healthy Balance Sheet

Aug 01
Rama Steel Tubes (NSE:RAMASTEEL) Has A Pretty Healthy Balance Sheet

Rama Steel Tubes (NSE:RAMASTEEL) May Have Issues Allocating Its Capital

May 11
Rama Steel Tubes (NSE:RAMASTEEL) May Have Issues Allocating Its Capital

Rama Steel Tubes Limited (NSE:RAMASTEEL) Insiders Increased Their Holdings

Mar 11
Rama Steel Tubes Limited (NSE:RAMASTEEL) Insiders Increased Their Holdings

How Much Does Rama Steel Tubes' (NSE:RAMASTEEL) CEO Make?

Feb 18
How Much Does Rama Steel Tubes' (NSE:RAMASTEEL) CEO Make?

What Do The Returns On Capital At Rama Steel Tubes (NSE:RAMASTEEL) Tell Us?

Jan 31
What Do The Returns On Capital At Rama Steel Tubes (NSE:RAMASTEEL) Tell Us?

Rama Steel Tubes (NSE:RAMASTEEL) Seems To Be Using A Lot Of Debt

Jan 04
Rama Steel Tubes (NSE:RAMASTEEL) Seems To Be Using A Lot Of Debt

Rama Steel Tubes Limited's (NSE:RAMASTEEL) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 17
Rama Steel Tubes Limited's (NSE:RAMASTEEL) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Naresh Bansal Is The Chairman & MD of Rama Steel Tubes Limited (NSE:RAMASTEEL) And Just Spent ₹1.1m On Shares

Nov 29
Naresh Bansal Is The Chairman & MD of Rama Steel Tubes Limited (NSE:RAMASTEEL) And Just Spent ₹1.1m On Shares

Here's What We Learned About The CEO Pay At Rama Steel Tubes Limited (NSE:RAMASTEEL)

Nov 19
Here's What We Learned About The CEO Pay At Rama Steel Tubes Limited (NSE:RAMASTEEL)

Shareholder Returns

RAMASTEELIN Metals and MiningIN Market
7D-6.9%-4.9%-2.1%
1Y-0.7%29.3%22.5%

Return vs Industry: RAMASTEEL underperformed the Indian Metals and Mining industry which returned 29.3% over the past year.

Return vs Market: RAMASTEEL underperformed the Indian Market which returned 22.5% over the past year.

Price Volatility

Is RAMASTEEL's price volatile compared to industry and market?
RAMASTEEL volatility
RAMASTEEL Average Weekly Movement6.7%
Metals and Mining Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: RAMASTEEL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: RAMASTEEL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1974157Richi Bansalwww.ramasteel.com

Rama Steel Tubes Limited engages in the manufacture and trading of steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. The company offers electric resistance welded (ERW) galvanized steel pipes and tubes, mild steel ERW black steel pipes and tubes, scaffolding pipes and tubes, casing swaged poles, structural steel products, and hollow sections. It also exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Somalia, Ghana, Sudan, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, and internationally.

Rama Steel Tubes Limited Fundamentals Summary

How do Rama Steel Tubes's earnings and revenue compare to its market cap?
RAMASTEEL fundamental statistics
Market cap₹19.52b
Earnings (TTM)₹258.91m
Revenue (TTM)₹10.19b

73.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAMASTEEL income statement (TTM)
Revenue₹10.19b
Cost of Revenue₹9.33b
Gross Profit₹858.53m
Other Expenses₹599.62m
Earnings₹258.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin8.43%
Net Profit Margin2.54%
Debt/Equity Ratio26.1%

How did RAMASTEEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rama Steel Tubes Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research
Harini V.FirstCall Research