Rama Steel Tubes Limited
NSE: RAMASTEELMarket Closed • NSE
Day range
52 week range
Rama Steel Tubes Limited closed at INR4.07 (-1.93%) on volume 0.28x its 20-day average, trading 63.95% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved +97.1% QoQ
2024-03-19
BONUS Announced
Bonus 2:1
2023-09-21
AGM Announced
Annual General Meeting
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Low Debt Profile: Debt-to-Equity is comfortable at 0.27x
Risks
Tight Debt Servicing: Interest coverage ratio is under 2.0x
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 19 Mar 2024 | Bonus issue | 2:1 bonus ratio | — | 19 Mar 2024 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2023 |
| 06 Jan 2023 | Bonus issue | 4:1 bonus ratio | — | 06 Jan 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 22 Sept 2022 |
| 26 Aug 2022 | Dividend | ₹5.00 / share | — | 25 Aug 2022 |
| 25 Feb 2022 | Dividend | ₹0.50 / share | — | 24 Feb 2022 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 11 Nov 2020 |
| — | Annual General Meeting | Annual General Meeting | — | 26 Sept 2019 |
| — | Annual General Meeting | Annual General Meeting | — | 25 Sept 2018 |
| — | Annual General Meeting | Annual General Meeting | — | 25 Sept 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 26 Sept 2016 |
| 15 Mar 2016 | Dividend | ₹10.00 / share | — | 14 Mar 2016 |
| — | Annual General Meeting | Annual General Meeting | — | 24 Sept 2015 |
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.14L | 36.80 | 2.30% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.85L | 11.52 | 0.60% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.30L | 13.46 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 47.08 | 1.19% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.17L | 19.64 | 2.33% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.00L | 12.21 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.96L | 34.47 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.88 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and railway electrification systems; and solar project solutions, including specialized steel structures and single-axis trackers. In addition, the company offers ERW galvanized steel pipes and tubes, scaffolding pipes and tubes, and casing swaged poles, as well as pipes with grooves, light poles, fire-fix end piping systems, casing pipes, and square and rectangular pipes. It 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 was incorporated in 1974 and is based in New Delhi, India.
IndiaBasic Materials
Is Rama Steel Tubes Limited Shariah compliant?
Rama Steel Tubes Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (19.48%) complies with AAOIFI threshold (≤ 33%).
What is Rama Steel Tubes Limited's current valuation relative to peers?
Rama Steel Tubes Limited trades at a P/E of 40.7x compared to the sector median of 21.4x, and a Price-to-Book of 1.2x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.27x. Interest coverage is 0.9x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.