Rama Steel Tubes Limited

Capital Goods · Industrial Products

NSE: RAMASTEEL BSE: 539309

₹4.56

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #135 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
Rama Steel Tubes Limited (this stock)	746	57.0	2.4%	-55.6%	—	46	45	70

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹801 Cr

EV / EBITDA

32.9x

EV / Sales

0.90x

Market cap / Sales

0.84x

Earnings yield

1.75%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 176 Cr, down 30.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	174	2	4	₹0.0300
March 31, 2026	188	2	1	₹0.0100
Dec. 31, 2025	244	5	4	₹0.0200
Sept. 30, 2025	279	4	3	₹0.0200
June 30, 2025	243	8	6	₹0.0400
March 31, 2025	237	7	4	₹0.0300
Dec. 31, 2024	225	4	4	₹0.0300
Sept. 30, 2024	220	4	3	₹0.0200
June 30, 2024	158	3	3	₹0.0200
March 31, 2024	208	9	7	₹0.1400
Dec. 31, 2023	211	8	6	₹0.0800
Sept. 30, 2023	156	5	4	₹0.0800
June 30, 2023	219	8	6	₹0.1200

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	176	192	247	282	254	240	231	230	160	213	213	157	220
Operating revenue	174	188	244	279	243	237	225	220	158	208	211	156	219
Other income	1	4	3	3	11	2	6	10	2	5	2	1	1
Operating expenses	170	187	239	275	242	230	223	223	154	199	200	149	209
Operating profit	4	1	5	4	1	8	1	-3	5	8	12	6	11
Operating profit margin	2.1%	0.6%	2.0%	1.3%	0.2%	3.2%	0.6%	-1.5%	3.0%	4.0%	5.5%	4.0%	4.9%
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Interest	2	2	2	2	2	2	2	1	2	3	5	1	3
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	2	2	5	4	8	7	4	4	3	9	8	5	8
Tax	-2	1	1	1	2	3	0	1	1	2	2	1	2
Net profit	—	—	—	—	6	—	4	3	3	7	6	4	6
EPS	0.03	0.01	0.02	0.02	0.04	0.03	0.03	0.02	0.02	0.14	0.08	0.08	0.12
Net profit (TTM)	—	—	—	—	—	—	17	18	20	23	25	24	22
EPS (TTM)	0.08	0.09	0.11	0.12	0.12	0.10	0.21	0.26	0.32	0.42	0.72	1.14	1.26

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	954	19	15
March 31, 2025	840	19	14
March 31, 2024	794	30	23
March 31, 2023	1,010	22	16

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-1.3%	24.3%	975^†	860^†	804^†	1,014^†	522^†	329^†	296^†	408^†	344^†	238^†
Operating revenue	-1.9%	24.0%	954	840	794	1,010	517^†	326^†	292^†	405^†	340^†	235^†
Other income	—	—	21^†	20^†	10^†	4^†	4^†	3^†	5^†	3^†	4^†	3^†
Operating expenses	—	—	944^†	830^†	757^†	977^†	495^†	315^†	286^†	390^†	319^†	211^†
Operating profit	-32.3%	-1.5%	10^†	10^†	37^†	33^†	22^†	11^†	6^†	14^†	21^†	24^†
Operating profit margin	—	—	1.1%^†	1.2%^†	4.6%^†	3.3%^†	4.2%^†	3.4%^†	2.0%^†	3.5%^†	6.2%^†	10.2%^†
Depreciation	—	—	4^†	5^†	4^†	3^†	3^†	3^†	2^†	2^†	3^†	3^†
Interest	—	—	7^†	7^†	12^†	11^†	8^†	6^†	8^†	8^†	6^†	8^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	-0^†
Profit before tax	-4.8%	29.3%	19	19	30	22	15^†	5^†	0^†	8^†	17^†	11^†
Tax	—	—	5^†	5^†	7^†	6^†	4^†	1^†	1^†	2^†	6^†	4^†
Net profit	-4.1%	—	15	14	23	16	—	—	—	—	—	8^†
EPS	-59.7%	-51.2%	0.09^†	0.10^†	0.42^†	1.38^†	6.25^†	3.25^†	1.26^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	1.1%^†	1.2%^†	4.6%^†	3.3%^†	4.2%^†	3.4%^†	2.0%^†	3.5%^†	6.2%^†	10.2%^†
EBIT margin	2.8%^†	3.1%^†	5.3%^†	3.3%^†	4.5%^†	3.5%^†	2.9%^†	3.8%^†	6.6%^†	8.1%^†
PBT margin	2.0%	2.3%	3.8%	2.2%	2.9%^†	1.7%^†	0.1%^†	1.9%^†	4.9%^†	4.8%^†
Net margin	1.5%	1.7%	2.9%	1.6%	—	—	—	—	—	3.3%^†
Interest coverage	3.78x^†	3.74x^†	3.43x^†	2.99x^†	2.93x^†	1.88x^†	1.04x^†	2.00x^†	3.75x^†	2.49x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	2.62x	1.91x	—	—	—	—	—	—	—	—
Quick ratio	2.38x	1.65x	—	—	—	—	—	—	—	—
Debt to equity	0.14x	0.23x	—	—	—	—	—	—	—	—
Return on equity	3.5%	4.5%	—	—	—	—	—	—	—	—
Return on assets	2.6%	2.7%	—	—	—	—	—	—	—	—
Return on capital employed	6.2%^†	8.1%^†	—	—	—	—	—	—	—	—
Asset turnover	1.74x	1.62x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	19	-93	71	3	16
March 31, 2025	—	—	—	6	—
March 31, 2024	-7	-4	17	8	-16
March 31, 2023	-48	-44	94	23	-71
March 31, 2022	-33	-3	33	5	-39

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	549	419	255	56	1	327	125	2	40	30
March 31, 2025	518	311	156	65	7	374	196	5	45	50
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.