Rama Steel Tubes
7.90
-0.08(-1.00%)
Market Cap₹1,292.47 Cr
PE Ratio72.45
Company Performance:
1D-1.00%
1M-9.30%
6M-26.03%
1Y-31.96%
5Y+740.43%
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More news about Rama Steel Tubes
25Nov 25
Rama Steel Tubes Faces Credit Rating Downgrade Amid Weakening Financial Performance
ICRA Limited has downgraded Rama Steel Tubes Limited's (RSTL) credit rating for bank facilities worth Rs. 110 crore from ICRA BBB- (Stable) to ICRA BB (Stable). The downgrade is due to weaker-than-expected operating performance in H1 FY2026. RSTL's operating margin fell to 1.10% from 2.80%, and interest coverage ratio decreased to 1.00 from 2.50. Q2 FY2026 saw EBITDA at Rs. 7.00 crore and net profit at Rs. 1.00 crore, significantly lower than previous year's figures. Despite challenges, Q2 FY2026 revenue increased by 15.96% from the previous quarter to Rs. 322.60 crore.
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14Nov 25
Rama Steel Tubes Reports Mixed Q2 Results: Revenue Up, Profit Down
Rama Steel Tubes Limited reported mixed Q2 financial results. Consolidated revenue increased by 22.2% to ₹32,044.95 crore, but net profit declined by 76.6% to ₹100.78 crore compared to the same period last year. Total expenses rose to ₹32,016.80 crore. The company operates in two segments: Manufacturing - Steel Pipe and Trading - Building Material & Steel Products. Total assets stood at ₹84,331.41 crore, with total equity at ₹46,627.22 crore and cash and cash equivalents at ₹9,133.22 crore.
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03Oct 25
Rama Steel Tubes Reports Robust Sales Volume Growth in Q2 and First Half of FY26
Rama Steel Tubes Limited (RSTL) announced strong sales volume growth for Q2 and H1 FY26. The company's H1 FY26 sales volume reached 112,961.24 tons, a 28% year-over-year increase. Q2 FY26 sales volume was 62,742.97 tons, showing 23% year-over-year and 25% quarter-over-quarter growth. RSTL, established in 1974, operates four manufacturing facilities in India and has a presence in over 16 countries.
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23Sept 25
Rama Steel Allots 7.78 Crore Equity Shares to Non-Promoter Entities
Rama Steel Tubes Limited has approved the allotment of 7,77,77,778 equity shares at Rs 11.25 per share to two non-promoter entities: EBISU GLOBAL OPPORTUNITIES FUND LIMITED (4,00,00,000 shares) and PINE OAK GLOBAL FUND (3,77,77,778 shares). This preferential issue, approved on September 23, 2025, raises approximately Rs 87.50 crore and increases the company's paid-up equity share capital to Rs 163,60,40,979. The allotment follows shareholder approval and regulatory clearances from BSE and NSE.
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12Aug 25
Rama Steel Tubes Reports Mixed Q1 Results: Revenue Surges, Profitability Declines
Rama Steel Tubes Limited (RSTL) announced Q1 results with total revenue up 58.70% YoY to ₹2,536.52 crore and sales volume increasing 60.87% YoY to 45,638.22 tons. However, EBITDA margin compressed to 4.54% from 7.13% YoY. PAT including OCI grew 140.55% YoY to ₹64.54 crore. The company incorporated a defence subsidiary, acquired a stake in Bigwin Buildsys, and issued equity shares on a preferential basis.
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07Jul 25
Rama Steel Tubes Rectifies Renewable Energy Allocation to ₹177.30 Crores
Rama Steel Tubes Ltd. has issued a correction regarding its financial commitment to renewable energy purchases. The company clarified that the accurate allocation for its renewable energy initiative is ₹177.30 crores, addressing a previous miscommunication in reported figures. This substantial investment indicates the company's focus on sustainability and commitment to accurate financial reporting.
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05Jun 25
RAMA Steel Tubes Expands into Renewable Energy with 225 MW Solar Power Initiative
RAMA Steel Tubes has acquired an interest in a 225 MW PM-KUSUM solar power initiative, marking its entry into the renewable energy sector. This strategic move represents a significant diversification from the company's core steel business. The PM-KUSUM scheme aims to promote solar energy in agriculture. This expansion aligns with global sustainability trends and could diversify revenue streams, contribute to India's renewable energy goals, enhance the company's ESG profile, and position it for growth in the green energy sector.
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30May 25
Rama Steel Tubes Reports Q4 EBITDA Decline Amid Mixed Results
Rama Steel Tubes Ltd. has released its Q4 financial results, showing a mixed performance. The company's revenue increased to ₹290.00 crore from ₹268.00 crore year-over-year, marking an 8.21% growth. However, EBITDA decreased to ₹121.00 million from ₹136.00 million, with the EBITDA margin declining to 4.12% from 5.05%. Net profit slightly decreased to ₹68.00 crore from ₹71.00 crore year-over-year but improved from ₹55.00 crore in the previous quarter.
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09Apr 25
Rama Steel Tubes Exits Joint Venture with PIR Panchal Constructions, Appoints New Company Secretary
Rama Steel Tubes Ltd. is exiting its 25% stake in a joint venture with PIR Panchal Constructions Private Limited for Rs. 3.98 crore, effective April 09, 2025. The JV contributed 0.12% to the company's FY 2023-24 turnover. Additionally, the company has appointed Mr. Manish Kumar as the new Company Secretary & Compliance Officer, effective the same date.
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03Apr 25
Rama Steel Tubes Reports Strong Growth: 14% Increase in Quarterly Volume
Rama Steel Tubes Limited (RSTL) announced significant growth in sales volume for Q4FY25 and 12MFY25. Q4 sales volume reached 54,256.30 tons, a 14% YoY increase and 5% QoQ growth. Annual sales volume for 12MFY25 totaled 194,212.53 tons, up 9% YoY. The company's performance indicates strong market demand and successful expansion strategies. RSTL operates three manufacturing facilities in India and has a presence in over 16 countries.
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Rama Steel Tubes
7.90
-0.08
(-1.00%)
1 Year Returns:-31.96%
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