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Rama Steel Tubes NSEI:RAMASTEEL Stock Report

Last Price

₹12.11

Market Cap

₹18.8b

7D

3.5%

1Y

-6.2%

Updated

16 Jun, 2024

Data

Company Financials

Rama Steel Tubes Limited

NSEI:RAMASTEEL Stock Report

Market Cap: ₹18.8b

RAMASTEEL Stock Overview

Manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally.

RAMASTEEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rama Steel Tubes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rama Steel Tubes
Historical stock prices
Current Share Price₹12.11
52 Week High₹16.83
52 Week Low₹9.90
Beta0.90
1 Month Change-5.76%
3 Month Change-5.02%
1 Year Change-6.25%
3 Year Change839.73%
5 Year Change901.38%
Change since IPO1,297.31%

Recent News & Updates

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

Recent updates

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
7D3.5%1.1%2.7%
1Y-6.2%73.2%44.9%

Return vs Industry: RAMASTEEL underperformed the Indian Metals and Mining industry which returned 73.2% over the past year.

Return vs Market: RAMASTEEL underperformed the Indian Market which returned 44.9% over the past year.

Price Volatility

Is RAMASTEEL's price volatile compared to industry and market?
RAMASTEEL volatility
RAMASTEEL Average Weekly Movement9.5%
Metals and Mining Industry Average Movement7.1%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.5%
10% least volatile stocks in IN Market4.3%

Stable Share Price: RAMASTEEL's share price has been volatile over the past 3 months.

Volatility Over Time: RAMASTEEL's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1974168Richi Bansalwww.ramasteel.com

Rama Steel Tubes Limited manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. The company offers ERW galvanized steel pipes and tubes, ERW black steel pipes and tubes, scaffolding pipes and tubes, 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₹18.82b
Earnings (TTM)₹291.28m
Revenue (TTM)₹10.51b

64.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAMASTEEL income statement (TTM)
Revenue₹10.51b
Cost of Revenue₹9.49b
Gross Profit₹1.02b
Other Expenses₹730.75m
Earnings₹291.28m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin9.73%
Net Profit Margin2.77%
Debt/Equity Ratio41.6%

How did RAMASTEEL perform over the long term?

See historical performance and comparison
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