Rama Steel Tubes Limited

Company Profile

Rama Steel Tubes Limited had its IPO on under the ticker symbol RAMASTEEL.

The company operates in the Basic Materials sector and Steel industry. Rama Steel Tubes Limited has a staff strength of 0 employees.

Stock update

Shares of Rama Steel Tubes Limited opened at ₹39.26 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹35.9 - ₹39.89, and closed at ₹36.61.

This is a -6.61% slip from the previous day's closing price.

A total volume of 1,047,212 shares were traded at the close of the day’s session.

In the last one week, shares of Rama Steel Tubes Limited have slipped by -5.72%.

Rama Steel Tubes Limited's Key Ratios

Rama Steel Tubes Limited has a market cap of ₹19.67 billion, indicating a price to book ratio of 7.3049 and a price to sales ratio of 1.5603.

In the last 12-months Rama Steel Tubes Limited’s revenue was ₹14.13 billion with a gross profit of ₹996.14 million and an EBITDA of ₹652.21 million. The EBITDA ratio measures Rama Steel Tubes Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rama Steel Tubes Limited’s operating margin was 4.27% while its return on assets stood at 6.35% with a return of equity of 14.06%.

In Q2, Rama Steel Tubes Limited’s quarterly earnings growth was a positive 29.8% while revenue growth was a positive 28.7%.

Rama Steel Tubes Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

59.7539

PEG

Its diluted EPS in the last 12-months stands at ₹0.65 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rama Steel Tubes Limited’s profitability.

Rama Steel Tubes Limited stock is trading at a EV to sales ratio of 1.6737 and a EV to EBITDA ratio of 37.1512. Its price to sales ratio in the trailing 12-months stood at 1.5603.

Rama Steel Tubes Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹6.95 billion

Total Liabilities

₹3.98 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Rama Steel Tubes Limited ended 2024 with ₹6.95 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹6.95 billion while shareholder equity stood at ₹2.50 billion.

Rama Steel Tubes Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹3.98 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹280.48 million in goodwill. Its cash balance stood at ₹126.11 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹319.83 million.

Rama Steel Tubes Limited’s total current assets stands at ₹5.38 billion while long-term investments were ₹0 and short-term investments were ₹737000.00. Its net receivables were ₹2.33 billion compared to accounts payable of ₹2.16 billion and inventory worth ₹1.97 billion.

In 2024, Rama Steel Tubes Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Rama Steel Tubes Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹36.61

52-Week High

₹46.1

52-Week Low

₹19.02

Analyst Target Price

₹

Rama Steel Tubes Limited stock is currently trading at ₹36.61 per share. It touched a 52-week high of ₹46.1 and a 52-week low of ₹46.1. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹38.7 and 200-day moving average was ₹35.62 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7099% of the company’s stock are held by insiders while 364.8% are held by institutions.