About
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.
Key Metrics
as of Sep 2026Market Cap659 Cr
P/E50.90
Div Yield0.00 %
Book Value₹2.92
52w High₹11.60
52w Low₹3.43
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 174.08 | 188.49 | 244.02 | 279.15 | 242.67 | 237.40 | 224.75 | 219.58 | 158.30 | 207.70 | 211.45 | 155.63 | 219.29 |
| Expenses | 170.38 | 187.39 | 239.18 | 275.40 | 242.15 | 229.86 | 223.41 | 222.85 | 153.51 | 199.43 | 199.85 | 149.35 | 208.54 |
| Operating Profit | 3.70 | 1.10 | 4.84 | 3.75 | 0.52 | 7.54 | 1.34 | -3.27 | 4.79 | 8.27 | 11.60 | 6.28 | 10.75 |
| OPM % | 2.13 | 0.58 | 1.98 | 1.34 | 0.21 | 3.18 | 0.60 | -1.49 | 3.03 | 3.98 | 5.49 | 4.04 | 4.90 |
| Other Income | 1.44 | 3.93 | 2.78 | 2.84 | 10.99 | 2.47 | 6.16 | 10.18 | 1.54 | 5.20 | 2.03 | 1.37 | 1.05 |
| Depreciation | 1.22 | 1.02 | 1.06 | 1.04 | 1.20 | 1.07 | 1.05 | 1.11 | 1.43 | 1.24 | 1.13 | 1.04 | 0.97 |
| Interest | 1.65 | 1.97 | 1.60 | 1.60 | 1.82 | 1.85 | 2.03 | 1.40 | 1.69 | 3.04 | 4.96 | 1.27 | 3.04 |
| Profit before tax | 2.27 | 2.04 | 4.96 | 3.95 | 8.49 | 7.09 | 4.42 | 4.40 | 3.21 | 9.19 | 7.54 | 5.34 | 7.79 |
| Tax % | -84.58 | 27.45 | 23.99 | 28.10 | 24.03 | 37.24 | 8.14 | 33.86 | 19.63 | 20.78 | 24.27 | 25.09 | 26.70 |
| Net Profit | 4.20 | 1.48 | 3.77 | 2.84 | 6.45 | 4.44 | 4.06 | 2.92 | 2.58 | 7.29 | 5.70 | 4.00 | 5.71 |
| EPS in Rs | 0.03 | 0.01 | 0.02 | 0.02 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.05 | 0.04 | 0.03 | 0.04 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 954.00 | 840.00 | 794.00 | 1,010.00 | 517.00 | 326.00 | 292.00 | 405.00 | 334.00 | 235.00 | 215.00 | 192.00 |
| Expenses | 944.00 | 830.00 | 757.00 | 977.00 | 496.00 | 315.00 | 286.00 | 390.00 | 314.00 | 216.00 | 202.00 | 187.00 |
| Operating Profit | 10.00 | 10.00 | 37.00 | 33.00 | 21.00 | 11.00 | 6.00 | 14.00 | 20.00 | 19.00 | 14.00 | 6.00 |
| OPM % | 1.10 | 1.20 | 4.70 | 3.30 | 4.10 | 3.40 | 2.00 | 3.50 | 6.00 | 8.00 | 6.00 | 3.00 |
| Other Income | 21.00 | 20.00 | 10.00 | 4.00 | 4.00 | 5.00 | 7.00 | 6.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| Interest | 7.00 | 7.00 | 12.00 | 11.00 | 8.00 | 6.00 | 8.00 | 8.00 | 6.00 | 8.00 | 6.00 | 5.00 |
| Depreciation | 4.00 | 5.00 | 4.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 2.00 |
| Profit before tax | 19.00 | 19.00 | 30.00 | 22.00 | 15.00 | 7.00 | 3.00 | 10.00 | 16.00 | 12.00 | 8.00 | 1.00 |
| Tax % | 25.00 | 27.00 | 24.00 | 27.00 | 28.00 | 21.00 | 49.00 | 24.00 | 35.00 | 31.00 | 34.00 | 22.00 |
| Net Profit | 15.00 | 14.00 | 23.00 | 16.00 | 11.00 | 5.00 | 1.00 | 8.00 | 11.00 | 8.00 | 5.00 | 1.00 |
| EPS in Rs | 0.09 | 0.09 | 0.15 | 0.12 | 0.08 | 0.04 | 0.01 | 0.06 | 0.08 | 0.07 | 0.05 | 0.01 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 164.00 | 155.00 | 154.00 | 47.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 1.00 |
| Reserves | 255.00 | 156.00 | 137.00 | 163.00 | 90.00 | 80.00 | 75.00 | 73.00 | 66.00 | 42.00 | 17.00 | 18.00 |
| Borrowings | 58.00 | 72.00 | 100.00 | 128.00 | 118.00 | 76.00 | 69.00 | 70.00 | 50.00 | 53.00 | 58.00 | 56.00 |
| Other Liabilities | 73.00 | 135.00 | 94.00 | 32.00 | 54.00 | 28.00 | 36.00 | 24.00 | 11.00 | 24.00 | 21.00 | 21.00 |
| Total Liabilities | 549.00 | 518.00 | 486.00 | 370.00 | 271.00 | 193.00 | 188.00 | 176.00 | 135.00 | 128.00 | 104.00 | 96.00 |
| Fixed Assets | 73.00 | 77.00 | 83.00 | 79.00 | 36.00 | 38.00 | 27.00 | 27.00 | 29.00 | 23.00 | 16.00 | 12.00 |
| CWIP | 4.00 | 3.00 | 1.00 | 1.00 | 6.00 | 2.00 | 7.00 | 1.00 | 0.00 | 0.00 | 1.00 | 6.00 |
| Investments | 105.00 | 12.00 | 14.00 | 17.00 | 13.00 | 14.00 | 13.00 | 10.00 | 8.00 | 3.00 | 13.00 | 13.00 |
| Other Assets | 366.00 | 427.00 | 388.00 | 273.00 | 215.00 | 140.00 | 142.00 | 137.00 | 98.00 | 102.00 | 73.00 | 65.00 |
| Total Assets | 549.00 | 518.00 | 486.00 | 370.00 | 271.00 | 193.00 | 188.00 | 176.00 | 135.00 | 128.00 | 104.00 | 96.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19.00 | 15.00 | -7.00 | -48.00 | -33.00 | 4.00 | 14.00 | -11.00 | 6.00 | -8.00 | 5.00 | 3.00 |
| Cash from Investing Activity | -93.00 | 9.00 | -4.00 | -44.00 | -3.00 | -6.00 | -5.00 | -1.00 | -5.00 | 3.00 | -2.00 | -7.00 |
| Cash from Financing Activity | 71.00 | -29.00 | 17.00 | 94.00 | 33.00 | 1.00 | -9.00 | 12.00 | -1.00 | 7.00 | -5.00 | 9.00 |
| Net Cash Flow | -3.00 | -5.00 | 6.00 | 2.00 | -4.00 | -2.00 | 0.00 | 0.00 | 0.00 | 1.00 | -2.00 | 5.00 |
| Free Cash Flow | 18.00 | 23.00 | -16.00 | -89.00 | -39.00 | -4.00 | 8.00 | -13.00 | 5.00 | -17.00 | 3.00 | 6.00 |
| CFO/OP % | 203.00 | 188.00 | 5.00 | -131.00 | -146.00 | 43.00 | 251.00 | -44.00 | 51.00 | -27.00 | 45.00 | 65.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52.00 | 73.00 | 59.00 | 43.00 | 52.00 | 39.00 | 69.00 | 44.00 | 35.00 | 47.00 | 33.00 | 21.00 |
| Inventory Days | 12.00 | 23.00 | 35.00 | 24.00 | 70.00 | 70.00 | 37.00 | 46.00 | 40.00 | 93.00 | 62.00 | 55.00 |
| Days Payable | 24.00 | 57.00 | 43.00 | 8.00 | 36.00 | 27.00 | 41.00 | 18.00 | 4.00 | 27.00 | 26.00 | 5.00 |
| Cash Conversion Cycle | 39.00 | 39.00 | 51.00 | 60.00 | 87.00 | 82.00 | 65.00 | 72.00 | 71.00 | 114.00 | 70.00 | 71.00 |
| Working Capital Days | 77.00 | 75.00 | 78.00 | 29.00 | 34.00 | 38.00 | 27.00 | 34.00 | 38.00 | 41.00 | 8.00 | -3.00 |
| ROCE % | 6.00 | 5.00 | 11.00 | 12.00 | 12.00 | 8.00 | 7.00 | 13.00 | 20.00 | 21.00 | 17.00 | 9.00 |
Corporate Actions
15 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 19 Mar 2024 | 19 Mar 2024 | 2:1 | — | |
| Other | 21 Sep 2023 | — | — | — | Annual General Meeting |
| Bonus | 06 Jan 2023 | 06 Jan 2023 | 4:1 | — | |
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Split | 25 Aug 2022 | 26 Aug 2022 | 5:1 | — | |
| Dividend | 24 Feb 2022 | 25 Feb 2022 | — | 0.50 | |
| Other | 21 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 11 Nov 2020 | — | — | — | Annual General Meeting |
| Other | 26 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 25 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 25 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 26 Sep 2016 | — | — | — | Annual General Meeting |
| Split | 14 Mar 2016 | 15 Mar 2016 | 10:5 | — | |
| Bonus | 14 Mar 2016 | 15 Mar 2016 | 4:1 | — | |
| Other | 24 Sep 2015 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update16 Jul from icra
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Rating update22 Dec 2025 from icra
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Rating update25 Nov 2025 from icra
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Rating update21 Mar 2025 from icra
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Rating update12 Jan 2024 from icra
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Rating update6 Jan 2023 from brickwork