Get 50% OFF This Summer!
Rama Steel Tubes
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Rama Steel Tubes Limited was incorporated on February 26, 1974, having its registered office in New Delhi. The Company is engaged into the business of manufacturing steel pipes and tubes, G.I. Pipes in India and related products. Its manufacturing facilities are located at Sahibabad in Uttar Pradesh , Khopoli, Raigarh in Maharasthra and Hindupur in Andhra Pradesh-through wholly owned Subsidiary-Lepakshi Tubes Pvt. Ltd.
The total installed capacity stood at 96,000 MT. The key products in portfolio include Galvanized Tubes, ERW Black Steel Pipes & Tubes, Scaffolding Pipes & Tubes, Structural Steel Products and Hollow Sections. The Company also has a wholly owned foreign subsidiary in Dubai, UAE in the name of RST International Trading FZE, which is engaged in trading of building & construction material item.
As on March 31, 2017, the Company had 2 subsidiaries Companies, namely, RST International Trading FZE and Lepakshi Tubes Private Limited, wherby 1 entity is registered in India and 1 is registered outside India.
In FY 2015, the Company has issued and allotted 12,44,500 equity shares of Rs. 10/- each as Bonus shares. Consequently, the paid-up equity share capital increased from Rs. 24,89,000/- to Rs. 1,49,34,000/- as on March 31, 2015.
The Board of Directors recommended sub-division of Equity Shares of Rs. 10/- each into two Equity Shares of Rs. 5/- each and Bonus shares in the ratio of 4:1, which was approved by shareholders in an Extraordinary General Meeting, held on March 1, 2016. Accordingly, the Equity Shares of face value of Rs. 10/- each were sub-divided into two Equity Shares of face value of Rs. 5/- each by way of corporate action to the shareholders who held shares on the Record Date March 15, 2016. Further, bonus shares in the ratio of 4:1 were allotted to members who held the equity shares on Record Date i.e., March 15, 2016 by capitalization of balance in the Free Reserves amounting to Rs. 5,97,36,000/-. Consequently the issued, subscribed and paid-up equity share capital increased from Rs. 1,49,34,000 divided into 14,93,400 Equity shares of Rs. 10/- each to Rs. 7,46,70,000 divided into 1,49,34,000 Equity shares of Rs. 5/-each.
In FY 2016-2017, the Company has issued 11,00,000 equity shares of Rs. 5/- each on preferential basis to the persons belonging to non-promoter category. Consequently the issued, subscribed and paid-up equity share share capital increased from Rs. 7,46,70,000 divided into 1,49,34,000 Equity shares of Rs. 5/-each to Rs. 8,01,70,000 divided into 1,60,34,000 Equity shares of Rs 5/- each.
During the year 2016-17, the Company acquired 100% stake in its wholly owned subsidiary, Lepakshi Tubes Private Limited.
The Company has issued and allotted on preferential basis 15,00,000 fully convertible warrants at a price of Rs. 122/- each to persons belonging to promoter category on March 29, 2017 against which the 25% upfront money was received from them to the Company on or before 29 March 2017. Out of which 6,00,000 fully convertible warrants and 1,60,000 fully convertible warrants were converted into equivalent number of equity shares on 12 May 2017 and 27 May 2017 respectively on receipt of balance 75% money from the allottee(s) in respect of said warrants. As per Regulation 75 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, the convertible securities of the issuer shall be converted within eighteen months from the date of their allotment. By virtue of this, the remaining 7,40,000 fully convertible warrants must be converted on or before 28 September 2018. The allottee has not made payment of balance 75% of money in respect of 7,40,000 fully convertible warrants on or before 28 September 2018, therefore by virtue of Regulation 75 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; 7,40,000 fully convertible warrants were cancelled and 25% upfront money of 7,40,000 warrants forfeited.
The issued, subscribed and paid-up equity share capital of the Company is Rs. 8,39,70,000 divided into 1,67,94,000 Equity shares of Rs. 5/- each in FY 2018-19.
Rama Steel Tubes share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Rama Steel Tubes indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Rama Steel Tubes is valued compared to its competitors.
Rama Steel Tubes PE ratio helps investors understand what is the market value of each stock compared to Rama Steel Tubes 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Rama Steel Tubes evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Rama Steel Tubes generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Rama Steel Tubes in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Rama Steel Tubes shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Rama Steel Tubes compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Rama Steel Tubes over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Rama Steel Tubes helps investors get an insight into when they can enter or exit the stock. Key components of Rama Steel Tubes Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Rama Steel Tubes shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Rama Steel Tubes ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Rama Steel Tubes provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Rama Steel Tubes highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Rama Steel Tubes .
The balance sheet presents a snapshot of Rama Steel Tubes ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App