Rama Steel Tubes
5.13
-0.27(-5.00%)
Market Cap₹839.29 Cr
PE Ratio60.11
Company Performance:
1D-5.00%
1M-13.64%
6M-48.90%
1Y-44.72%
5Y+413.00%
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More news about Rama Steel Tubes
10Mar 26
Rama Steel Tubes Promoter Group Further Reduces Stake with Additional Share Sale
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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16Feb 26
Rama Steel Tubes Reports Q3FY26 Results with 8.6% Revenue Growth
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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15Feb 26
Rama Steel Tubes Limited Completes Full Utilization of Rs 87.50 Crore Private Placement Funds
Rama Steel Tubes Limited has fully utilized Rs 87.50 crore raised through private placement for business expansion, with Brickwork Ratings confirming complete fund deployment in its final monitoring report for Q3 FY26. The company originally targeted Rs 177.30 crore but received the reduced amount due to non-participation by some investors, with all proceeds successfully used for acquisition-based business expansion as planned.
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20Jan 26
Rama Steel Tubes Appoints Additional Executive Director and Approves Major Equity Share Issuance
Rama Steel Tubes Limited made significant corporate announcements following its January 20, 2026 Board meeting. The company appointed Rakesh Chaturvedi as Additional Executive Director for five years, leveraging his 40+ years of steel industry experience. Simultaneously, the Board approved issuing 15,34,50,146 equity shares at ₹10.25 per share to acquire 21.62% stake in Automech Group Holding Limited through preferential allotment to non-promoter M/s Jagjit Gouri. Both decisions require shareholder approval through an upcoming Extraordinary General Meeting.
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08Jan 26
Rama Steel Tubes Executive Director Mr. Hari Shankar Singh Resigns Citing Personal Reasons
Rama Steel Tubes Ltd announced the resignation of Executive Director Mr. Hari Shankar Singh effective January 08, 2026, due to personal reasons. The resignation was submitted with immediate effect from close of business hours, with the company promptly informing stock exchanges NSE and BSE as per SEBI regulatory requirements.
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02Jan 26
Rama Steel Tubes Q3 volumes rise 14%; nine-month volumes surge 23%
Rama Steel Tubes demonstrated robust operational performance with Q3FY26 sales volumes rising 14% year-on-year to 58,974.55 tonnes and nine-month volumes increasing 23% to 1,71,935.78 tonnes. The growth was attributed to steady demand for branded structural steel tubes and focus on value-added products, despite the stock declining 22.31% over six months.
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20Dec 25
Rama Steel Tubes Credit Rating Under Watch Following ₹728 Crore Acquisition Approval
ICRA Limited has placed Rama Steel Tubes' bank loan facilities worth ₹110 crores on rating watch with developing implications. This action follows the company's board approval to acquire a 100% stake in UAE-based Automech Group Holding Limited for AED 296 million. The acquisition is expected to provide strategic benefits but raises concerns about leverage pressure and execution risks. ICRA will monitor the transaction's developments and take appropriate rating action as more information becomes available.
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11Dec 25
Rama Steel Tubes Announces ₹728 Crore Automech Group Acquisition with 113% Revenue Growth Target
Rama Steel Tubes Limited has announced a strategic ₹728 crore acquisition of Automech Group, a UAE-based precision manufacturing services provider, through a joint purchase structure. The transaction is expected to drive consolidated revenue growth of over 113% to ₹2,200 crores by FY27E and improve EBITDA margins from 4% to 10%, transforming the company from a steel tubes manufacturer into a solutions-led engineering powerhouse with enhanced presence across GCC and MENA regions.
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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
5.13
-0.27
(-5.00%)
1 Year Returns:-44.72%
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