Rama Steel Tubes
- Market cap
- ₹ 600 Cr.
- P/E
- 47.5x
- P/B
- 1.28x
- 52-week range
- 3.43 – 11.29
- ROE
- 3%
- ROCE
- 6%
- Dividend yield
- 0%
- Debt / equity
- 0.27
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Rama Steel Tubes Limited is an India-based company. The Company is engaged in the business of manufacturing steel pipes, tubes, and galvanized iron pipe. Its segments include manufacturing-steel pipe and trading-building material & steel products. It manufactures and exports electric resistance weld (ERW) steel tubes. Its products include Scaffolding Pipes and Tubes, ERW Galvanized Steel Pipes and Tubes, Hollow Section, Structural Steel Products, and Casing Swaged Poles. Its scaffolding pipes are designed for sign poles, bumpers, and bracing. Its ERW Galvanized Steel Pipe is used in water pipelines, tube wells, gas and oil pipelines, and cross-country pipelines. It develops and manufactures swaged poles and specialty steel structures. Its product applications are used in various industries, including automobiles, real estate and furniture. Its manufacturing facilities are located in North-Sahibabad, Uttar Pradesh; South-Anantpur, Andhra Pradesh, and West-Khopoli, Maharashtra.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Rama Steel Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)47.5 against a typical 18.9: pricier than most peers (1st = cheapest).121st of 146
- Sales growth−16.7% against a typical +13.1% from a year earlier.99th of 117
- Profit growth+9.9% against a typical +26.2% from a year earlier.65th of 105
- Share price, 3 months−9.8% against a typical −3.8%.91st of 135
- Size₹ 600.4 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).45th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BB+ Rating Watch with Developing Implications | — | 16 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Jul 2026 | Reaffirmed | [ICRA]BB+ Rating Watch with Developing Implications | — | ICRA | ₹ 110 Cr. | |
| 22 Dec 2025 | Reaffirmed | [ICRA]BB+ → [ICRA]BB+ Rating Watch with Developing Implications | — | ICRA | ₹ 110 Cr. | |
| 25 Nov 2025 | Rating action | [ICRA]BB+ | — | ICRA | ₹ 110 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Sep 2026 | Fund Raising | Board Meeting Intimation for Raising Of Funds By Way Of Issue Of Equity Shares And/Or Other Securities Along With Any Other Business. |
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended June 30, 2026. |
| 30 May 2026 | Financial Results/Other business matters | To consider and approve the financial results (standalone and consolidated) for the period ended March 31, 2026 and other business matters. |
| 14 Feb 2026 | Financial Results | To consider and approve the Unaudited Financial Results For The Quarter and Nine months Ended on December 31, 2025. |
| 20 Jan 2026 | Fund Raising | To consider and approve, further issue of equity shares, by way of a preferential issue along with other matters. |
| 14 Nov 2025 | Financial Results | To consider and approve the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half-year ended on September 30, 2025 And Other Business Matters. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 203 | 262 | 268 | 217 | 263 | 275 | 293 | 268 | 320 | 289 | 246 | 223 |
| Expenses | 191 | 245 | 255 | 205 | 262 | 270 | 281 | 267 | 316 | 283 | 242 | 217 |
| Operating Profit | 12 | 17 | 13 | 11 | 1 | 5 | 12 | 2 | 5 | 6 | 4 | 6 |
| OPM % | 6% | 6.6% | 5% | 5.3% | 0.2% | 1.8% | 4.1% | 0.6% | 1.5% | 2.2% | 1.7% | 2.7% |
| Other Income | 1 | 2 | 1 | 1 | 9 | 5 | 2 | 10 | 2 | 2 | 4 | 1 |
| Interest | 4 | 7 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| Depreciation | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 8 | 10 | 10 | 7 | 6 | 6 | 9 | 7 | 2 | 4 | 4 | 4 |
| Tax % | 18% | 13.3% | 21.1% | 16.3% | 27% | 9.9% | 28.7% | 31.2% | 58% | 57.9% | −3.8% | −43.2% |
| Net Profit | 7 | 9 | 8 | 6 | 4 | 6 | 7 | 5 | 1 | 2 | 4 | 5 |
| EPS in Rs | 0.04 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.04 | 0.03 | 0.01 | 0.01 | 0.03 | 0.03 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- 19%
- 3 Years
- −6%
- TTM
- −2%
- 10 Years
- 8%
- 5 Years
- 0%
- 3 Years
- −22%
- TTM
- −40%
- 10 Years
- 10%
- 5 Years
- 5%
- 3 Years
- −32%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 8%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rama Steel Tubes | ₹ 3.76 | ₹ 600 Cr. | 47.5x | 1.3x | 3% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Naresh Kumar Bansal
- Executive Chairman of the Board, Managing Director
- Richi Bansal
- Chief Executive Officer, Whole Time Director
- Rajeev Kumar Agarwal
- Chief Financial Officer
- Rajeev Kohli
- Chief Operating Officer
- Keshav Sharan Sharma
- Chief Operating Officer
- Vikas Sharma
- Compliance Officer, Company Secretary
- Vineet Goel
- Vice President - Sales and Marketing
- Alok Aggarwal
- General Manager - Govt-Sales and Marketing
Prices are delayed and for information only. Nothing on this page is investment advice.