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Rama Steel Tubes Ltd (RAMASTEEL)

₹10.181.74%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹10.06
    ₹10.48
  • 52 Week's Low

    52 Week's High

    ₹9.9
    ₹16.83
1 Month Return-12.43 %
3 Month Return-19.06 %
1 Year Return-23.43 %
Previous Close₹10.36
Open₹10.30
Volume95.26L
Upper Circuit-
Lower Circuit-
Market Cap₹1,533.35Cr

Key Statistics

P/E Ratio39.85
PEG Ratio-2485.64
Market Cap₹1,533.35 Cr
P/B Ratio6.99
EPS0.066251781514396

Company Information

Rama Steel Tubes Limited (RSTL) was incorporated in February 1974 and is based in New Delhi. The company is engaged in manufacturing steel pipes and tubes and related products. It has 4 manufacturing facilities in India and a foreign subsidiary in Dubai. In FY 2015, 1244500 equity shares of Rs. 10 were issued as bonus shares which increased its paid-up equity share capital to Rs. 14934000. The board recommended a 4:1 stock split and bonus share issue in March 2016 and in FY 2016-17, 1100000 equity shares of Rs. 5 were issued as preferential basis to non-promoter category which increased the paid-up equity share capital to Rs. 80170000. In March 2017, 1500000 fully convertible warrants at Rs. 122 were issued to the promoter category. As of FY 2018-19, the issued subscribed and paid-up equity share capital is Rs. 83970000 divided into 16794000 Equity shares of Rs. 5 each.

Share Price: ₹10.18 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,533.35Cr as of today
Revenue: ₹268.27Cr as on March 2024 (Q1 24)
Net Profit: ₹7.64Cr as on March 2024 (Q1 24)
Listing date: 24 Aug, 2015
Chairperson Name: NARESH KUMAR BANSAL
OrganisationRama Steel Tubes Ltd
Headquarters
IndustrySteel
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Key events for Rama Steel Tubes Ltd

  • Aviator Global Sells Stake in Rama Steel Tubes - 09 Jul, 2024

    Aviator Global Investment Fund has sold a 0.71% stake in Rama Steel Tubes at an average price of Rs 10.71 per share, causing the stock to close down by 4.72% on the NSE.

Insights on Rama Steel Tubes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 43.23% to 43.62% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RAMASTEEL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 204.46 Cr → 268.78 Cr (in ₹), with an average increase of 12.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 85.3% return, outperforming this stock by 108.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, RAMASTEEL stock has moved down by -12.4%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 9.17 Cr → 7.13 Cr (in ₹), with an average decrease of 22.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.08% to 0.05% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 56.70% to 56.33% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹268.27Cr
↑2.24%
Net Income
₹7.64Cr
↓14.35%
Net Profit Margin
2.85%
↓16.18%
2023Y/Y Change
Revenue
₹1,336.75Cr
↑74.02%
Net Income
₹27.44Cr
↑0.44%
Net Profit Margin
2.05%
↓42.42%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹370.67Cr
↑36.91%
Total Liabilities
₹160.71Cr
↓6.89%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹47.63Cr
↑42.86%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.33%
-0.65
Foreign Institutions
0.05%
-32.81
Mutual Funds
0%
0.00
Retail Investors
43.62%
0.91
Others
0%
0.00

Key Indicators

Rama Steel Tubes Ltd Valuation

Rama Steel Tubes Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-39.39x)

August 21, 2020

Industry (29.02x)

July 19, 2024

Today (39.85x)

July 19, 2024

Highest (85.36x)

January 12, 2023

LowHigh

Earnings and Dividends

  • Rama Steel Tubes Ltd Earnings Results

    Rama Steel Tubes Ltd’s net profit fell -36.79% since last year same period to ₹7.13Cr in the Q4 2023-2024. On a quarterly growth basis, Rama Steel Tubes Ltd has generated -22.25% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Rama Steel Tubes Ltd Dividends February,2022

    In the quarter ending December 2021, Rama Steel Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 4.83%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Rama Steel Tubes Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Rama Steel Tubes Ltd (RAMASTEEL) share price today is ₹10.18

Rama Steel Tubes Ltd is listed on NSE

Rama Steel Tubes Ltd is listed on BSE

  • Today’s highest price of Rama Steel Tubes Ltd is ₹10.48.
  • Today’s lowest price of Rama Steel Tubes Ltd is ₹10.06.

PE Ratio of Rama Steel Tubes Ltd is 39.85

PE ratio = Rama Steel Tubes Ltd Market price per share / Rama Steel Tubes Ltd Earnings per share

Today’s traded volume of Rama Steel Tubes Ltd(RAMASTEEL) is 95.26L.

Today’s market capitalisation of Rama Steel Tubes Ltd(RAMASTEEL) is ₹1533.35Cr.

Rama Steel Tubes Ltd(RAMASTEELPrice
52 Week High
₹16.83
52 Week Low
₹9.9

Rama Steel Tubes Ltd(RAMASTEEL) share price is ₹10.18. It is down -39.51% from its 52 Week High price of ₹16.83

Rama Steel Tubes Ltd(RAMASTEEL) share price is ₹10.18. It is up 2.83% from its 52 Week Low price of ₹9.9

Rama Steel Tubes Ltd(RAMASTEELReturns
1 Day Returns
-0.18%
1 Month Returns
-12.43%
3 Month Returns
-19.06%
1 Year Returns
-23.43%