Rama Steel Tubes Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 29, 2025, 12:29 pm

Market Cap	1,882 Cr.
Current Price	12.1
High / Low	17.6/8.41
Stock P/E	82.7
Book Value	2.34
Dividend Yield	0.00 %
ROCE	8.50 %
ROE	6.51 %
Face Value	1.00
PEG Ratio	9.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Rama Steel Tubes Ltd

Competitors of Rama Steel Tubes Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mukat Pipes Ltd	18.9 Cr.	16.0	26.0/13.0		5.91	0.00 %	%	%	5.00
Hariom Pipe Industries Ltd	1,223 Cr.	395	889/301	19.8	185	0.15 %	14.1 %	11.9 %	10.0
Earthstahl & Alloys Ltd	30.6 Cr.	25.0	49.5/0.00	57.7	30.6	0.00 %	3.58 %	1.43 %	10.0
Crimson Metal Engineering Company Ltd	4.57 Cr.	10.3	10.3/9.38	35.2	12.6	0.00 %	8.11 %	2.35 %	10.0
Welspun Corp Ltd	24,111 Cr.	916	995/555	16.0	284	0.55 %	25.6 %	23.1 %	5.00
Industry Average	9,954.15 Cr	564.97		38.11	153.57	0.35%	16.09%	12.28%	4.69

All Competitor Stocks of Rama Steel Tubes Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	184.98	251.90	240.02	347.24	350.25	399.24	312.52	203.33	262.39	268.27	216.64	263.05	275.17
Expenses	175.85	236.26	233.71	339.57	340.68	371.59	296.38	191.18	245.16	254.81	205.23	262.47	270.20
Operating Profit	9.13	15.64	6.31	7.67	9.57	27.65	16.14	12.15	17.23	13.46	11.41	0.58	4.97
OPM %	4.94%	6.21%	2.63%	2.21%	2.73%	6.93%	5.16%	5.98%	6.57%	5.02%	5.27%	0.22%	1.81%
Other Income	2.97	-0.92	3.60	3.33	7.10	-5.33	2.04	1.13	1.78	0.51	0.96	9.40	5.43
Interest	2.89	3.25	3.84	4.06	5.69	6.62	7.19	3.94	7.27	2.84	3.23	2.66	2.87
Depreciation	1.13	1.08	1.06	1.18	1.23	1.25	1.42	1.33	1.45	1.45	1.73	1.40	1.37
Profit before tax	8.08	10.39	5.01	5.76	9.75	14.45	9.57	8.01	10.29	9.68	7.41	5.92	6.16
Tax %	30.69%	28.78%	15.57%	10.94%	20.00%	19.24%	22.05%	17.98%	13.31%	21.07%	16.33%	27.03%	9.90%
Net Profit	5.60	7.40	4.23	5.13	7.80	11.67	7.46	6.58	8.92	7.65	6.20	4.31	5.55
EPS in Rs	0.04	0.06	0.03	0.04	0.05	0.08	0.05	0.04	0.06	0.05	0.04	0.03	0.04

Last Updated: February 28, 2025, 5:34 pm

Below is a detailed analysis of the quarterly data for Rama Steel Tubes Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 275.17 Cr.. The value appears strong and on an upward trend. It has increased from 263.05 Cr. (Sep 2024) to 275.17 Cr., marking an increase of 12.12 Cr..
For Expenses, as of Dec 2024, the value is 270.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 262.47 Cr. (Sep 2024) to 270.20 Cr., marking an increase of 7.73 Cr..
For Operating Profit, as of Dec 2024, the value is 4.97 Cr.. The value appears strong and on an upward trend. It has increased from 0.58 Cr. (Sep 2024) to 4.97 Cr., marking an increase of 4.39 Cr..
For OPM %, as of Dec 2024, the value is 1.81%. The value appears strong and on an upward trend. It has increased from 0.22% (Sep 2024) to 1.81%, marking an increase of 1.59%.
For Other Income, as of Dec 2024, the value is 5.43 Cr.. The value appears to be declining and may need further review. It has decreased from 9.40 Cr. (Sep 2024) to 5.43 Cr., marking a decrease of 3.97 Cr..
For Interest, as of Dec 2024, the value is 2.87 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.66 Cr. (Sep 2024) to 2.87 Cr., marking an increase of 0.21 Cr..
For Depreciation, as of Dec 2024, the value is 1.37 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.40 Cr. (Sep 2024) to 1.37 Cr., marking a decrease of 0.03 Cr..
For Profit before tax, as of Dec 2024, the value is 6.16 Cr.. The value appears strong and on an upward trend. It has increased from 5.92 Cr. (Sep 2024) to 6.16 Cr., marking an increase of 0.24 Cr..
For Tax %, as of Dec 2024, the value is 9.90%. The value appears to be improving (decreasing) as expected. It has decreased from 27.03% (Sep 2024) to 9.90%, marking a decrease of 17.13%.
For Net Profit, as of Dec 2024, the value is 5.55 Cr.. The value appears strong and on an upward trend. It has increased from 4.31 Cr. (Sep 2024) to 5.55 Cr., marking an increase of 1.24 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.04. The value appears strong and on an upward trend. It has increased from 0.03 (Sep 2024) to 0.04, marking an increase of 0.01.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:20 pm

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	192	242	260	377	504	353	470	768	1,337	1,047	1,048
Expenses	187	227	240	354	488	344	452	726	1,285	987	1,019
Operating Profit	6	15	20	22	16	9	18	42	51	59	29
OPM %	3%	6%	8%	6%	3%	2%	4%	5%	4%	6%	3%
Other Income	3	3	4	5	5	6	8	9	8	5	17
Interest	5	6	8	6	9	10	8	11	20	21	12
Depreciation	2	3	3	2	3	3	3	4	5	6	6
Profit before tax	1	9	13	18	9	2	15	36	35	38	29
Tax %	22%	30%	28%	31%	11%	80%	16%	24%	22%	20%	21%
Net Profit	1	6	9	13	8	0	12	27	27	30	23
EPS in Rs	0.01	0.05	0.08	0.10	0.07	0.00	0.10	0.22	0.19	0.19	0.15
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	3%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	500.00%	50.00%	44.44%	-38.46%	-100.00%	125.00%	0.00%	11.11%	-23.33%
Change in YoY Net Profit Growth (%)	0.00%	-450.00%	-5.56%	-82.91%	-61.54%	225.00%	-125.00%	11.11%	-34.44%

Rama Steel Tubes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	18%
5 Years:	24%
3 Years:	11%
TTM:	0%

Compounded Profit Growth
10 Years:	42%
5 Years:	121%
3 Years:	-6%
TTM:	-22%

Stock Price CAGR
10 Years:	%
5 Years:	92%
3 Years:	33%
1 Year:	6%

Return on Equity
10 Years:	12%
5 Years:	11%
3 Years:	9%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:28 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1	7	8	8	8	8	8	8	47	154	155
Reserves	18	18	44	70	79	79	92	118	204	181	209
Borrowings	56	58	57	63	90	83	85	138	193	145	89
Other Liabilities	21	23	26	11	24	67	62	94	252	254	305
Total Liabilities	96	107	135	153	200	238	248	358	695	734	758
Fixed Assets	12	17	26	42	41	41	51	57	106	110	103
CWIP	6	1	1	0	1	7	4	6	1	1	10
Investments	13	12	2	2	5	7	8	8	13	6	5
Other Assets	65	77	106	109	154	183	184	288	574	617	640
Total Assets	96	107	135	153	200	238	248	358	695	734	758

Below is a detailed analysis of the balance sheet data for Rama Steel Tubes Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 155.00 Cr.. The value appears strong and on an upward trend. It has increased from 154.00 Cr. (Mar 2024) to 155.00 Cr., marking an increase of 1.00 Cr..
For Reserves, as of Mar 2025, the value is 209.00 Cr.. The value appears strong and on an upward trend. It has increased from 181.00 Cr. (Mar 2024) to 209.00 Cr., marking an increase of 28.00 Cr..
For Borrowings, as of Mar 2025, the value is 89.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 145.00 Cr. (Mar 2024) to 89.00 Cr., marking a decrease of 56.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 305.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 254.00 Cr. (Mar 2024) to 305.00 Cr., marking an increase of 51.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 758.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 734.00 Cr. (Mar 2024) to 758.00 Cr., marking an increase of 24.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 103.00 Cr.. The value appears to be declining and may need further review. It has decreased from 110.00 Cr. (Mar 2024) to 103.00 Cr., marking a decrease of 7.00 Cr..
For CWIP, as of Mar 2025, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to 10.00 Cr., marking an increase of 9.00 Cr..
For Investments, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 1.00 Cr..
For Other Assets, as of Mar 2025, the value is 640.00 Cr.. The value appears strong and on an upward trend. It has increased from 617.00 Cr. (Mar 2024) to 640.00 Cr., marking an increase of 23.00 Cr..
For Total Assets, as of Mar 2025, the value is 758.00 Cr.. The value appears strong and on an upward trend. It has increased from 734.00 Cr. (Mar 2024) to 758.00 Cr., marking an increase of 24.00 Cr..

Notably, the Reserves (209.00 Cr.) exceed the Borrowings (89.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	3	5	-7	5	-17	30	25	-35	-96	18	51
Cash from Investing Activity +	-7	-2	-1	-9	-3	-7	-10	-9	-53	-1	3
Cash from Financing Activity +	9	-5	10	6	17	-17	-6	41	143	-13	-66
Net Cash Flow	5	-1	1	2	-3	6	9	-3	-6	5	-12

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-50.00	-43.00	-37.00	-41.00	-74.00	-74.00	-67.00	-96.00	-142.00	-86.00	-60.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	21	36	46	37	47	75	41	50	64	76
Inventory Days	55	54	84	37	40	61	62	53	58	51
Days Payable	5	26	25	5	15	67	43	37	63	88
Cash Conversion Cycle	71	64	105	69	72	69	60	67	58	38
Working Capital Days	65	67	95	82	84	96	69	77	79	119
ROCE %		19%	22%	20%	12%	7%	13%	21%	16%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	70.46%	70.46%	65.40%	65.40%	65.11%	63.91%	57.14%	57.22%	56.70%	56.33%	47.97%	47.97%
FIIs	0.38%	2.76%	4.49%	3.33%	2.74%	2.16%	0.33%	0.33%	0.08%	0.05%	0.17%	0.07%
DIIs	0.71%	0.71%	0.66%	0.66%	0.67%	0.63%	0.69%	0.59%	0.00%	0.00%	0.00%	0.00%
Public	28.45%	26.07%	29.44%	30.60%	31.48%	33.30%	41.83%	41.84%	43.24%	43.61%	51.87%	51.98%
No. of Shareholders	27,026	19,273	24,278	33,592	54,997	59,608	71,733	74,086	1,64,880	2,79,751	8,51,948	8,50,598

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Value Fund	3,000,000	1.21	13.53	3,000,000	2025-04-22 15:56:54	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	5.00	5.00
Basic EPS (Rs.)	0.15	0.50	1.22	16.41	7.21
Diluted EPS (Rs.)	0.15	0.49	1.16	16.41	7.21
Cash EPS (Rs.)	0.18	0.22	0.65	19.20	8.60
Book Value[Excl.RevalReserv]/Share (Rs.)	2.34	2.17	5.66	75.42	59.51
Book Value[Incl.RevalReserv]/Share (Rs.)	2.34	2.17	5.66	75.42	59.51
Revenue From Operations / Share (Rs.)	6.74	6.78	28.70	457.41	280.12
PBDIT / Share (Rs.)	0.29	0.41	1.25	30.82	14.57
PBIT / Share (Rs.)	0.25	0.37	1.15	28.27	12.50
PBT / Share (Rs.)	0.18	0.23	0.71	21.79	7.92
Net Profit / Share (Rs.)	0.14	0.18	0.55	16.65	6.53
NP After MI And SOA / Share (Rs.)	0.14	0.18	0.57	16.26	7.37
PBDIT Margin (%)	4.36	6.08	4.35	6.73	5.19
PBIT Margin (%)	3.81	5.54	4.00	6.18	4.46
PBT Margin (%)	2.69	3.51	2.49	4.76	2.82
Net Profit Margin (%)	2.11	2.79	1.92	3.64	2.33
NP After MI And SOA Margin (%)	2.17	2.78	1.99	3.55	2.63
Return on Networth / Equity (%)	6.24	8.69	10.66	21.56	12.38
Return on Capital Employeed (%)	10.45	15.41	18.03	29.68	16.01
Return On Assets (%)	3.00	3.96	3.83	7.62	5.00
Long Term Debt / Equity (X)	0.01	0.08	0.12	0.25	0.29
Total Debt / Equity (X)	0.24	0.43	0.77	1.09	0.81
Asset Turnover Ratio (%)	1.40	1.46	2.54	2.00	1.51
Current Ratio (X)	1.66	1.68	1.35	1.37	1.47
Quick Ratio (X)	1.33	1.31	0.85	0.86	0.84
Inventory Turnover Ratio (X)	6.05	5.14	6.24	5.39	4.97
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	3.07	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	2.65	0.00
Earning Retention Ratio (%)	0.00	0.00	0.00	96.93	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	97.35	0.00
Interest Coverage Ratio (X)	3.92	3.00	2.88	4.75	3.18
Interest Coverage Ratio (Post Tax) (X)	2.90	2.38	2.28	3.57	2.43
Enterprise Value (Cr.)	1550.69	2359.39	1490.42	649.08	178.93
EV / Net Operating Revenue (X)	1.48	2.25	1.11	0.84	0.38
EV / EBITDA (X)	33.86	37.05	25.59	12.54	7.31
MarketCap / Net Operating Revenue (X)	1.39	2.12	0.97	0.68	0.25
Retention Ratios (%)	0.00	0.00	0.00	96.92	0.00
Price / BV (X)	4.01	6.63	5.18	4.18	1.19
Price / Net Operating Revenue (X)	1.39	2.12	0.97	0.68	0.25
EarningsYield	0.01	0.01	0.02	0.05	0.10

After reviewing the key financial ratios for Rama Steel Tubes Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is 0.15. This value is below the healthy minimum of 5. It has decreased from 0.50 (Mar 24) to 0.15, marking a decrease of 0.35.
For Diluted EPS (Rs.), as of Mar 25, the value is 0.15. This value is below the healthy minimum of 5. It has decreased from 0.49 (Mar 24) to 0.15, marking a decrease of 0.34.
For Cash EPS (Rs.), as of Mar 25, the value is 0.18. This value is below the healthy minimum of 3. It has decreased from 0.22 (Mar 24) to 0.18, marking a decrease of 0.04.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.34. It has increased from 2.17 (Mar 24) to 2.34, marking an increase of 0.17.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.34. It has increased from 2.17 (Mar 24) to 2.34, marking an increase of 0.17.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 6.74. It has decreased from 6.78 (Mar 24) to 6.74, marking a decrease of 0.04.
For PBDIT / Share (Rs.), as of Mar 25, the value is 0.29. This value is below the healthy minimum of 2. It has decreased from 0.41 (Mar 24) to 0.29, marking a decrease of 0.12.
For PBIT / Share (Rs.), as of Mar 25, the value is 0.25. This value is within the healthy range. It has decreased from 0.37 (Mar 24) to 0.25, marking a decrease of 0.12.
For PBT / Share (Rs.), as of Mar 25, the value is 0.18. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.18, marking a decrease of 0.05.
For Net Profit / Share (Rs.), as of Mar 25, the value is 0.14. This value is below the healthy minimum of 2. It has decreased from 0.18 (Mar 24) to 0.14, marking a decrease of 0.04.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 0.14. This value is below the healthy minimum of 2. It has decreased from 0.18 (Mar 24) to 0.14, marking a decrease of 0.04.
For PBDIT Margin (%), as of Mar 25, the value is 4.36. This value is below the healthy minimum of 10. It has decreased from 6.08 (Mar 24) to 4.36, marking a decrease of 1.72.
For PBIT Margin (%), as of Mar 25, the value is 3.81. This value is below the healthy minimum of 10. It has decreased from 5.54 (Mar 24) to 3.81, marking a decrease of 1.73.
For PBT Margin (%), as of Mar 25, the value is 2.69. This value is below the healthy minimum of 10. It has decreased from 3.51 (Mar 24) to 2.69, marking a decrease of 0.82.
For Net Profit Margin (%), as of Mar 25, the value is 2.11. This value is below the healthy minimum of 5. It has decreased from 2.79 (Mar 24) to 2.11, marking a decrease of 0.68.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.17. This value is below the healthy minimum of 8. It has decreased from 2.78 (Mar 24) to 2.17, marking a decrease of 0.61.
For Return on Networth / Equity (%), as of Mar 25, the value is 6.24. This value is below the healthy minimum of 15. It has decreased from 8.69 (Mar 24) to 6.24, marking a decrease of 2.45.
For Return on Capital Employeed (%), as of Mar 25, the value is 10.45. This value is within the healthy range. It has decreased from 15.41 (Mar 24) to 10.45, marking a decrease of 4.96.
For Return On Assets (%), as of Mar 25, the value is 3.00. This value is below the healthy minimum of 5. It has decreased from 3.96 (Mar 24) to 3.00, marking a decrease of 0.96.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.08 (Mar 24) to 0.01, marking a decrease of 0.07.
For Total Debt / Equity (X), as of Mar 25, the value is 0.24. This value is within the healthy range. It has decreased from 0.43 (Mar 24) to 0.24, marking a decrease of 0.19.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.40. It has decreased from 1.46 (Mar 24) to 1.40, marking a decrease of 0.06.
For Current Ratio (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 1.68 (Mar 24) to 1.66, marking a decrease of 0.02.
For Quick Ratio (X), as of Mar 25, the value is 1.33. This value is within the healthy range. It has increased from 1.31 (Mar 24) to 1.33, marking an increase of 0.02.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.05. This value is within the healthy range. It has increased from 5.14 (Mar 24) to 6.05, marking an increase of 0.91.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 25, the value is 3.92. This value is within the healthy range. It has increased from 3.00 (Mar 24) to 3.92, marking an increase of 0.92.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.90. This value is below the healthy minimum of 3. It has increased from 2.38 (Mar 24) to 2.90, marking an increase of 0.52.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,550.69. It has decreased from 2,359.39 (Mar 24) to 1,550.69, marking a decrease of 808.70.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.48. This value is within the healthy range. It has decreased from 2.25 (Mar 24) to 1.48, marking a decrease of 0.77.
For EV / EBITDA (X), as of Mar 25, the value is 33.86. This value exceeds the healthy maximum of 15. It has decreased from 37.05 (Mar 24) to 33.86, marking a decrease of 3.19.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.39. This value is within the healthy range. It has decreased from 2.12 (Mar 24) to 1.39, marking a decrease of 0.73.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Price / BV (X), as of Mar 25, the value is 4.01. This value exceeds the healthy maximum of 3. It has decreased from 6.63 (Mar 24) to 4.01, marking a decrease of 2.62.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.39. This value is within the healthy range. It has decreased from 2.12 (Mar 24) to 1.39, marking a decrease of 0.73.
For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Rama Steel Tubes Ltd as of July 2, 2025 is: 10.28

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 2, 2025, Rama Steel Tubes Ltd is Overvalued by 15.04% compared to the current share price 12.10

Intrinsic Value of Rama Steel Tubes Ltd as of July 2, 2025 is: 11.15

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 2, 2025, Rama Steel Tubes Ltd is Overvalued by 7.85% compared to the current share price 12.10

Last 5 Year EPS CAGR: 8.45%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (101.09 cr) compared to borrowings (96.09 cr), indicating strong financial stability. The company has shown consistent growth in sales (288.09 cr) and profit (18.64 cr) over the years.	The stock has a low average ROCE of 14.30%, which may not be favorable. The stock has a high average Working Capital Days of 83.30, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.30, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Rama Steel Tubes Ltd:
1. Net Profit Margin: 2.11%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.45% (Industry Average ROCE: 16.09%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.24% (Industry Average ROE: 12.28%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.9
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.33
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 82.7 (Industry average Stock P/E: 38.11)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.24
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Rama Steel Tubes Ltd. is a Public Limited Listed company incorporated on 26/02/1974 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L27201DL1974PLC007114 and registration number is 007114. Currently Company is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company's Total Operating Revenue is Rs. 840.03 Cr. and Equity Capital is Rs. 155.42 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Steel - Tubes/Pipes	B-5, 3rd Floor, Main Road, New Delhi Delhi 110096	investors@ramasteel.com http://www.ramasteel.com

Management
Name	Position Held
Mr. Naresh Kumar Bansal	Chairman & Managing Director
Mr. Richi Bansal	Executive Director & CEO
Mr. Vinod Pal Singh Rawat	Executive Director
Mr. Bharat Bhushan Sahny	Independent Director
Mrs. Anju Gupta	Independent Director
Mr. Jai Prakash Gupta	Independent Director

FAQ

What is the intrinsic value of Rama Steel Tubes Ltd?

Rama Steel Tubes Ltd's intrinsic value (as of 02 July 2025) is 10.28 — 15.04% lower the current market price of 12.10, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,882 Cr. market cap, FY2025-2026 high/low of 17.6/8.41, reserves of 209 Cr, and liabilities of 758 Cr.

What is the Market Cap of Rama Steel Tubes Ltd?

The Market Cap of Rama Steel Tubes Ltd is 1,882 Cr..

What is the current Stock Price of Rama Steel Tubes Ltd as on 02 July 2025?

The current stock price of Rama Steel Tubes Ltd as on 02 July 2025 is 12.1.

What is the High / Low of Rama Steel Tubes Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Rama Steel Tubes Ltd stocks is ₹17.6/8.41.

What is the Stock P/E of Rama Steel Tubes Ltd?

The Stock P/E of Rama Steel Tubes Ltd is 82.7.

What is the Book Value of Rama Steel Tubes Ltd?

The Book Value of Rama Steel Tubes Ltd is 2.34.

What is the Dividend Yield of Rama Steel Tubes Ltd?

The Dividend Yield of Rama Steel Tubes Ltd is 0.00 %.

What is the ROCE of Rama Steel Tubes Ltd?

The ROCE of Rama Steel Tubes Ltd is 8.50 %.

What is the ROE of Rama Steel Tubes Ltd?

The ROE of Rama Steel Tubes Ltd is 6.51 %.

What is the Face Value of Rama Steel Tubes Ltd?

The Face Value of Rama Steel Tubes Ltd is 1.00.