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Rama Steel Tubes LimitedRAMASTEELCorporate

Steel - Medium / Small Latest results: Mar 2026 13 quarters of data
Consolidated Standalone
₹3.93
MCap ₹643 Cr · P/E 55.8
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🏭 Metal sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹246 Cr
Sales · Mar 2026
-16.0% YoY
₹4 Cr
Operating Profit · Mar 2026
-61.2% YoY
1.7%
OPM % · Mar 2026
-55.3% YoY
₹4 Cr
Net Profit · Mar 2026
-43.2% YoY
₹0.03
EPS · Mar 2026
-25.0% YoY

📝 Rama Steel Tubes Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Rama Steel Tubes Limited reported revenue of ₹246 crore for the quarter ended March 2026 (Q4 FY26), down 16.0% from ₹293 crore in the same quarter last year, and up 0.9% sequentially over the December 2025 quarter.

Net profit fell 43.2% year-on-year to ₹4 crore, from ₹7 crore. Earnings per share (EPS) came in at ₹0.03.

Operating profit stood at ₹4 crore — an operating margin (OPM) of 1.7%, compared with 3.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Rama Steel Tubes Limited posted revenue of ₹1,079 crore, a growth of 2.9% over FY25, with a net profit of ₹12 crore (down 49.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,079 crore with a net profit of ₹12 crore.

Valuation snapshot

At the current price of ₹3.93, RAMASTEEL has a market capitalisation of ₹643 crore and a trailing P/E of about 55.8.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 33.93%, foreign institutional investors (FIIs) 2.67%, public shareholders 63.40% of Rama Steel Tubes Limited.

Promoter holding slipped from 35.89% to 33.93% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹643 Cr
Current Price ?
₹3.9
P/E ?
55.81above ind
Industry P/E ?
20.50
P/B ?
1.35
P/S ?
0.60
P/FCF ?
-5.69
Enterprise Value ?
₹773 Cr
EV/EBITDA ?
58.84
PEG ?
N/A
Earnings Yield ?
0.9%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹1,079 Cr
OPM ?
1.2%
Profit after tax (TTM) ?
₹12 Cr
EPS (TTM) ?
₹0.07
ROCE ?
6.0%
ROE ?
2.4%
ROA ?
1.3%
Growth
Sales — latest qtr ?
₹246 Cr
PAT — latest qtr ?
₹4 Cr
YoY qtr sales growth ?
-16.0%
YoY qtr profit growth ?
-43.2%
Sales growth (3y) ?
-6%
Sales growth (5y) ?
19%
Profit growth (3y) ?
-22%
Profit growth (5y) ?
0%
Financial Health
Debt ?
₹130 Cr
Debt to Equity ?
0.27
Interest Coverage ?
0.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
33.93%
Change in promoter holding ?
-13.91%
Pledged percentage ?
N/A
Market
Return 3 months ?
-9.2%
Return 6 months ?
-33.6%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 399313203262268217263275293268320244246 -16.0% +0.9%
Operating Profit 21161117121114112444 -61.2% +13.3%
Other Income -52120195110234 +239.5% +51.6%
Interest 7747333333323 +16.7% +111.3%
Depreciation 1111121111111 +6.6% -1.4%
Profit Before Tax 14108101076697254 -61.0% -26.4%
Net Profit 12779864675124 -43.2% +112.9%
EPS 0.080.050.040.060.050.040.030.040.040.030.010.010.03 -25.0% +200.0%
OPM % 5.3% 5.2% 5.3% 6.6% 4.5% 5.3% 0.2% 1.4% 3.8% 0.6% 1.1% 1.5% 1.7% -55.3% +13.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,048 Cr ₹1,079 Cr ₹1,079 Cr +2.9%
Operating Profit ₹27 Cr ₹13 Cr ₹13 Cr -50.9%
OPM % 2.55% 1.22% 1.22% -52.2%
NPM % 2.17% 1.07% 1.07% -50.7%
Other Income ₹17 Cr ₹19 Cr ₹19 Cr +13.6%
Depreciation ₹6 Cr ₹6 Cr ₹6 Cr -1.0%
Interest ₹12 Cr ₹11 Cr ₹11 Cr -4.0%
EBIT ₹21 Cr ₹7 Cr ₹7 Cr -64.9%
PBT ₹29 Cr ₹18 Cr ₹18 Cr -37.0%
Tax ₹3 Cr — — —
Net Profit ₹23 Cr ₹12 Cr ₹12 Cr -49.3%
EPS ₹0.15 ₹0.08 ₹0.08 -46.7%
Material Cost ₹454 Cr — — —
Employee Cost ₹6 Cr — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 47154155164 +5.8%
Reserves 204181209314 +50.2%
Borrowings 19314589130 +46.1%
Other Liabilities 252254305283 -7.2%
Total Liabilities 695734758890 +17.4%
Fixed Assets 106110103109 +5.8%
CWIP 11104 -60.0%
Investments 136511 +120.0%
Other Assets 574617640767 +19.8%
Total Assets 695734758890 +17.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -961851-109 -313.7%
Cash from Investing Activity -53-13-9 -400.0%
Cash from Financing Activity 143-13-66118 +278.8%
Net Cash Flow -65-12-0 +100.0%
Free Cash Flow -146951-113 -321.6%
CFO/OP -172%53%196%-622% -417.3%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 64768598 +15.3%
Inventory Days 58514745 -4.3%
Days Payable 638810690 -15.1%
Cash Conversion Cycle 58382653 +103.8%
Working Capital Days 35788591 +7.1%
ROCE % 15%12%7%6% -14.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 47.84%37.76%37.76%35.89%33.93% -5.5%
FIIs 0.46%5.45%5.73%5.71%2.67% -53.2%
DIIs 0.00%0.00%0.00%0.00%— —
Public 51.70%56.79%56.52%58.39%63.40% +8.6%
No. of Shareholders 8,97,3898,58,2788,17,8088,08,1047,96,981 -1.4%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 RAMASTEEL Rama Steel ₹4.39 718 48.1 1,079 12 1.2% 1.1% 2.9% -49.3% -16.0% -43.2%
❓ Frequently asked questions
What was Rama Steel Tubes Limited's revenue in Q4 FY26?
Rama Steel Tubes Limited reported revenue of ₹246 crore for the quarter ended March 2026 (Q4 FY26), down 16.0% from ₹293 crore in the same quarter last year, and up 0.9% sequentially over the December 2025 quarter.
What was Rama Steel Tubes Limited's net profit in Q4 FY26?
Net profit fell 43.2% year-on-year to ₹4 crore, from ₹7 crore. Earnings per share (EPS) came in at ₹0.03.
What is RAMASTEEL's market capitalisation and P/E ratio?
At the current price of ₹3.93, RAMASTEEL has a market capitalisation of ₹643 crore and a trailing P/E of about 55.8.
Who owns Rama Steel Tubes Limited? (shareholding pattern)
As of Sep 2026, promoters held 33.93%, foreign institutional investors (FIIs) 2.67%, public shareholders 63.40% of Rama Steel Tubes Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI