Rama Steel Tubes Past Earnings Performance
Past criteria checks 3/6
Rama Steel Tubes has been growing earnings at an average annual rate of 37.7%, while the Metals and Mining industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 27% per year. Rama Steel Tubes's return on equity is 8.3%, and it has net margins of 3%.
Key information
37.7%
Earnings growth rate
40.4%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 27.0% |
| Return on equity | 8.3% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Rama Steel Tubes Limited's (NSE:RAMASTEEL) Business Is Yet to Catch Up With Its Share Price
Aug 03
Solid Earnings May Not Tell The Whole Story For Rama Steel Tubes (NSE:RAMASTEEL)
Jun 07Rama Steel Tubes (NSE:RAMASTEEL) Hasn't Managed To Accelerate Its Returns
Mar 14Why Investors Shouldn't Be Surprised By Rama Steel Tubes Limited's (NSE:RAMASTEEL) 25% Share Price Surge
Jan 27Do Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Warrant Your Attention?
Sep 28Returns On Capital Signal Tricky Times Ahead For Rama Steel Tubes (NSE:RAMASTEEL)
Apr 06Do Rama Steel Tubes's (NSE:RAMASTEEL) Earnings Warrant Your Attention?
Dec 23Rama Steel Tubes' (NSE:RAMASTEEL) Earnings Are Weaker Than They Seem
Nov 20There Are Reasons To Feel Uneasy About Rama Steel Tubes' (NSE:RAMASTEEL) Returns On Capital
Oct 11Rama Steel Tubes (NSE:RAMASTEEL) Has A Pretty Healthy Balance Sheet
Aug 01Rama Steel Tubes (NSE:RAMASTEEL) May Have Issues Allocating Its Capital
May 11Rama Steel Tubes Limited (NSE:RAMASTEEL) Insiders Increased Their Holdings
Mar 11How Much Does Rama Steel Tubes' (NSE:RAMASTEEL) CEO Make?
Feb 18
What Do The Returns On Capital At Rama Steel Tubes (NSE:RAMASTEEL) Tell Us?
Jan 31Rama Steel Tubes (NSE:RAMASTEEL) Seems To Be Using A Lot Of Debt
Jan 04Rama Steel Tubes Limited's (NSE:RAMASTEEL) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 17Naresh Bansal Is The Chairman & MD of Rama Steel Tubes Limited (NSE:RAMASTEEL) And Just Spent ₹1.1m On Shares
Nov 29Here's What We Learned About The CEO Pay At Rama Steel Tubes Limited (NSE:RAMASTEEL)
Nov 19Revenue & Expenses Breakdown
How Rama Steel Tubes makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 9,549 | 284 | 122 | 0 |
| 31 Mar 24 | 10,508 | 291 | 126 | 0 |
| 31 Dec 23 | 11,719 | 319 | 164 | 0 |
| 30 Sep 23 | 12,636 | 310 | 172 | 0 |
| 30 Jun 23 | 14,134 | 295 | 136 | 0 |
| 31 Mar 23 | 13,394 | 267 | 168 | 0 |
| 31 Dec 22 | 11,970 | 242 | 155 | 0 |
| 30 Sep 22 | 10,289 | 225 | 148 | 0 |
| 30 Jun 22 | 8,784 | 244 | 120 | 0 |
| 31 Mar 22 | 7,737 | 273 | 137 | 0 |
| 31 Dec 21 | 6,554 | 277 | 108 | 0 |
| 30 Sep 21 | 6,244 | 250 | 100 | 0 |
| 30 Jun 21 | 5,613 | 201 | 91 | 0 |
| 31 Mar 21 | 4,708 | 124 | 82 | 0 |
| 31 Dec 20 | 4,156 | 50 | 85 | 0 |
| 30 Sep 20 | 3,488 | 24 | 79 | 0 |
| 30 Jun 20 | 3,002 | -23 | 69 | 0 |
| 31 Mar 20 | 3,528 | 4 | 77 | 0 |
| 31 Dec 19 | 4,049 | 32 | 70 | 0 |
| 30 Sep 19 | 4,424 | 38 | 67 | 0 |
| 30 Jun 19 | 4,788 | 62 | 60 | 0 |
| 31 Mar 19 | 5,041 | 84 | 64 | 0 |
| 31 Dec 18 | 4,882 | 98 | 62 | 0 |
| 30 Sep 18 | 4,578 | 109 | 59 | 0 |
| 30 Jun 18 | 4,306 | 132 | 50 | 0 |
| 31 Mar 18 | 3,767 | 127 | 52 | 0 |
| 31 Dec 17 | 3,290 | 101 | 48 | 0 |
| 30 Sep 17 | 3,001 | 106 | 46 | 0 |
| 30 Jun 17 | 2,716 | 97 | 43 | 0 |
| 31 Mar 17 | 2,597 | 95 | 40 | 0 |
| 30 Jun 16 | 2,537 | 81 | 39 | 0 |
| 31 Mar 16 | 2,437 | 60 | 38 | 0 |
| 30 Sep 15 | 2,161 | 16 | 35 | 0 |
| 30 Jun 15 | 2,082 | 7 | 28 | 0 |
| 31 Mar 15 | 1,946 | 7 | 33 | 0 |
| 30 Jun 14 | 1,782 | 21 | 30 | 0 |
| 31 Mar 14 | 1,813 | 21 | 31 | 0 |
| 31 Dec 13 | 1,827 | 18 | 29 | 0 |
Quality Earnings: RAMASTEEL has high quality earnings.
Growing Profit Margin: RAMASTEEL's current net profit margins (3%) are higher than last year (2.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RAMASTEEL's earnings have grown significantly by 37.7% per year over the past 5 years.
Accelerating Growth: RAMASTEEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RAMASTEEL had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (17.2%).
Return on Equity
High ROE: RAMASTEEL's Return on Equity (8.3%) is considered low.