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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 2.2
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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.
₹188 Cr
Sales · Mar 2026
-20.6% YoY
₹1 Cr
Operating Profit · Mar 2026
-85.4% YoY
0.6%
OPM % · Mar 2026
-81.2% YoY
₹1 Cr
Net Profit · Mar 2026
-66.6% YoY
₹0.01
EPS · Mar 2026
-66.7% YoY

📝 Rama Steel Tubes Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Rama Steel Tubes Limited reported revenue of ₹188 crore for the quarter ended March 2026 (Q4 FY26), down 20.6% from ₹237 crore in the same quarter last year, and down 22.8% sequentially over the December 2025 quarter.

Net profit fell 66.6% year-on-year to ₹1 crore, from ₹4 crore. Earnings per share (EPS) came in at ₹0.01.

Operating profit stood at ₹1 crore — an operating margin (OPM) of 0.6%, compared with 3.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Rama Steel Tubes Limited posted revenue of ₹28,590 crore, a growth of 3303.5% over FY25, with a net profit of ₹296 crore (up 2013.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹28,590 crore with a net profit of ₹296 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 2.2.

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 ?
2.17below ind
Industry P/E ?
20.50
P/B ?
1.53
P/S ?
0.02
P/FCF ?
35.72
Enterprise Value ?
₹701 Cr
EV/EBITDA ?
6.02
PEG ?
N/A
Earnings Yield ?
16.0%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹28,590 Cr
OPM ?
0.4%
Profit after tax (TTM) ?
₹296 Cr
EPS (TTM) ?
₹1.81
ROCE ?
6.0%
ROE ?
70.6%
ROA ?
53.9%
Growth
Sales — latest qtr ?
₹188 Cr
PAT — latest qtr ?
₹1 Cr
YoY qtr sales growth ?
-20.6%
YoY qtr profit growth ?
-66.6%
Sales growth (3y) ?
-2%
Sales growth (5y) ?
24%
Profit growth (3y) ?
-4%
Profit growth (5y) ?
22%
Financial Health
Debt ?
₹58 Cr
Debt to Equity ?
0.14
Interest Coverage ?
16.0
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 33721915621120815822022523724327,915244188 -20.6% -22.8%
Operating Profit 171161285-318111141 -85.4% -70.9%
Other Income 11125210621128434 +59.2% +41.2%
Interest 4315321222222 +6.5% +22.8%
Depreciation 1111111111111 -4.7% -3.8%
Profit Before Tax 1485893447839552 -71.2% -58.9%
Net Profit 1064673344628441 -66.6% -60.7%
EPS 0.070.040.030.040.050.020.020.030.030.040.020.020.01 -66.7% -50.0%
OPM % 5.1% 4.9% 4.0% 5.5% 4.0% 3.0% -1.5% 0.6% 3.2% 0.2% 0.4% 1.5% 0.6% -81.2% -60.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹840 Cr ₹28,590 Cr ₹28,590 Cr +3303.5%
Operating Profit ₹10 Cr ₹117 Cr ₹117 Cr +1020.1%
OPM % 1.24% 0.41% 0.41% -66.9%
NPM % 1.67% 1.03% 1.03% -38.3%
Other Income ₹20 Cr ₹301 Cr ₹301 Cr +1381.0%
Depreciation ₹5 Cr ₹4 Cr ₹4 Cr -7.2%
Interest ₹7 Cr ₹7 Cr ₹7 Cr +0.4%
EBIT ₹6 Cr ₹112 Cr ₹112 Cr +1853.0%
PBT ₹19 Cr ₹410 Cr ₹410 Cr +2046.0%
Tax ₹1 Cr ₹2 Cr ₹2 Cr +209.1%
Net Profit ₹14 Cr ₹296 Cr ₹296 Cr +2013.1%
EPS ₹0.10 ₹0.09 ₹0.09 -10.0%
Material Cost ₹149 Cr ₹236 Cr ₹236 Cr +59.1%
Employee Cost ₹2 Cr ₹2 Cr ₹2 Cr -35.4%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 47154155164 +5.8%
Reserves 163137156255 +63.5%
Borrowings 1281007258 -19.4%
Other Liabilities 329413573 -45.9%
Total Liabilities 370486518549 +6.0%
Fixed Assets 79837773 -5.2%
CWIP 1134 +33.3%
Investments 171412105 +775.0%
Other Assets 273388427366 -14.3%
Total Assets 370486518549 +6.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -48-71519 +26.7%
Cash from Investing Activity -44-49-93 -1133.3%
Cash from Financing Activity 9417-2971 +344.8%
Net Cash Flow 26-5-3 +40.0%
Free Cash Flow -89-162318 -21.7%
CFO/OP -131%5%188%203% +8.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 43597352 -28.8%
Inventory Days 24352312 -47.8%
Days Payable 8435724 -57.9%
Cash Conversion Cycle 60513939 +0.0%
Working Capital Days 29787577 +2.7%
ROCE % 12%11%5%6% +20.0%

👥 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 ₹188 crore for the quarter ended March 2026 (Q4 FY26), down 20.6% from ₹237 crore in the same quarter last year, and down 22.8% sequentially over the December 2025 quarter.
What was Rama Steel Tubes Limited's net profit in Q4 FY26?
Net profit fell 66.6% year-on-year to ₹1 crore, from ₹4 crore. Earnings per share (EPS) came in at ₹0.01.
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 2.2.
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