Rama Steel Tubes Promoter Group Further Reduces Stake with Additional Share Sale

1 min read     Updated on 10 Mar 2026, 05:54 PM
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Rama Steel Tubes Limited received disclosures from promoter group Arun Enterprises regarding two sequential equity share sales through open market transactions. The first transaction on March 05, 2026, involved 75.20 lakh shares, followed by another sale of 30 lakh shares on March 09, 2026, cumulatively reducing the promoter group's shareholding from 5.41% to 4.77%.

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Rama Steel Tubes Limited has received multiple disclosures from its promoter group regarding substantial shareholding transactions. Arun Enterprises, through its partner Tarun Dhir, has conducted sequential equity share sales through open market transactions, as mandated under SEBI regulations.

Recent Transaction Details

Following the earlier share sale, Arun Enterprises completed another transaction on March 09, 2026, involving the disposal of 30 lakh equity shares through open market operations. The latest transaction parameters are summarized below:

Parameter: Details
Transaction Date: March 09, 2026
Shares Sold: 30,00,000
Mode of Sale: Open market
Selling Entity: Arun Enterprises (Promoter Group)
Authorized Representative: Tarun Dhir (Partner)

Sequential Shareholding Changes

The promoter group has conducted two separate share sale transactions, resulting in a cumulative reduction in their stake. The complete shareholding pattern changes are detailed below:

Transaction Period: Number of Shares Percentage Holding Diluted Percentage
Initial Holding: 8,84,86,575 5.41% 5.41%
After First Sale (March 05): 8,09,66,575 4.95% 4.95%
After Second Sale (March 09): 7,79,66,575 4.77% 4.77%
Total Shares Sold: 1,05,20,000 0.64% 0.64%

Company Capital Structure

The company's equity share capital structure remains unchanged following these transactions. Rama Steel Tubes Limited maintains its total equity share capital at Rs. 1,63,60,40,979, representing 1,63,60,40,979 equity shares with a face value of Rs. 1 each.

Regulatory Compliance

Both disclosures were made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal intimations were submitted to both the National Stock Exchange of India Limited and BSE Limited on March 06, 2026, and March 10, 2026, respectively, ensuring full regulatory compliance for the substantial shareholding changes.

Historical Stock Returns for Rama Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-9.70%-24.78%-41.53%-57.71%-56.64%+365.22%

Rama Steel Tubes Reports Q3FY26 Results with 8.6% Revenue Growth

2 min read     Updated on 16 Feb 2026, 03:38 PM
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Rama Steel Tubes Limited announced mixed Q3FY26 results with revenue from operations growing 8.6% to ₹24,402.34 lakhs while net profit declined 7.1% to ₹377.04 lakhs. The company showed stronger nine-month performance with 27.1% revenue growth and executed a significant ₹728 crore acquisition deal during the quarter.

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Rama Steel Tubes Limited, a manufacturer and exporter of ERW steel tubes, announced its financial results for the third quarter ended December 31, 2025. The company demonstrated mixed performance with revenue growth offset by margin pressures during the quarter.

Financial Performance Overview

The company's standalone financial results showed revenue growth alongside profitability challenges. Total income including other income reached ₹24,680.76 lakhs for Q3FY26 compared to ₹23,090.53 lakhs in Q3FY24.

Metric: Q3FY26 Q3FY24 Change (%)
Revenue from Operations: ₹24,402.34 lakhs ₹22,474.53 lakhs +8.6%
Other Income: ₹278.42 lakhs ₹616.00 lakhs -54.8%
Total Income: ₹24,680.76 lakhs ₹23,090.53 lakhs +6.9%
Net Profit: ₹377.04 lakhs ₹405.75 lakhs -7.1%
Basic EPS: ₹0.02 ₹0.03 -33.3%

Nine-Month Performance

For the nine months ended December 31, 2025, the company showed stronger year-over-year growth across key metrics. Revenue from operations increased significantly to ₹76,584.10 lakhs from ₹60,262.37 lakhs in the corresponding period of FY24.

Parameter: 9M FY26 9M FY24 Growth (%)
Revenue: ₹76,584.10 lakhs ₹60,262.37 lakhs +27.1%
Net Profit: ₹1,305.76 lakhs ₹956.38 lakhs +36.5%
Total Income: ₹78,244.90 lakhs ₹62,050.75 lakhs +26.1%

Segment-wise Analysis

The company operates through two primary business segments: manufacturing of steel pipes and trading of building materials and steel products. Manufacturing segment revenue for Q3FY26 was ₹15,571.83 lakhs while trading segment contributed ₹8,830.51 lakhs to total revenue.

Major Corporate Development

During the quarter on December 11, 2025, Rama Steel Tubes executed a significant share purchase agreement for the joint acquisition of 100% stake in Automech Group Holding Limited, registered under the Abu Dhabi Global Market (ADGM).

Deal Parameter: Details
Total Deal Value: AED 296 million (₹728 crores)
Rama Steel's Share: 21.62% stake
Consideration: AED 64 million
Payment Method: Fresh equity shares issuance
Partner: RST International Trading FZE (78.38% stake)

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹28,938.28 lakhs for Q3FY26 compared to ₹27,517.36 lakhs in Q3FY24. Consolidated net profit for the quarter was ₹178.08 lakhs versus ₹554.93 lakhs in the previous year.

Regulatory Compliance and Disclosures

The company noted its compliance with new labour codes consolidated by the Government of India on November 21, 2025. Management assessed that there would be no material impact on operations from these regulatory changes. The company also completed divestment of its stake in Onix IPP Private Limited during the quarter for ₹10,000.

On February 16, 2026, the company published its unaudited financial results in newspapers as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were published in Financial Express (English) and Jansatta (Hindi) newspapers on February 15, 2026.

Compliance Detail: Information
Publication Date: February 15, 2026
English Newspaper: Financial Express
Hindi Newspaper: Jansatta
Regulation: SEBI Regulation 33

The financial results were approved by the Board of Directors on February 14, 2026, and have been subject to limited review by statutory auditors who expressed an unqualified opinion.

Historical Stock Returns for Rama Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-9.70%-24.78%-41.53%-57.71%-56.64%+365.22%

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1 Year Returns:-56.64%