Rama Steel Tubes Limited

Rama Steel Tubes Limited (RAMASTEEL) is a micro-cap Capital Goods company valued at ₹646 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Rama Steel Tubes Limited last traded at ₹3.99, unchanged on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a flat net profit of ₹5 crore despite a 16.7% drop in revenue. Promoter holding decreased by 1.71 percentage points to 34.18%, and foreign institutional holding fell by 3.01 percentage points to 2.70%.

Financial performance

The company's annual revenue rose 7.3% to ₹1,124 crore, but net profit fell 51.8% to ₹11 crore. The latest quarter saw revenue drop 16.7% year-on-year to ₹223 crore, while net profit remained flat at ₹5 crore compared to the same quarter a year earlier. Net profit margin narrowed to 1.0% from 2.2% in the prior year, and return on equity remained low at 2.6%.

Valuation multiples

The stock trades at 49.9 times earnings, 1.37 times book value. It yields 12.5%.

Things to watch

The company's net profit margin has narrowed by 1.2 percentage points to 1.0%, and net profit fell 51.8% year-on-year. The stock is 60.4% below its 52-week high, and the company has not paid any dividends despite reporting profits. Return on equity remains low at 2.6%.

Where it stands

Rama Steel Tubes Limited ended the quarter with revenue of ₹223 crore and net profit of ₹5 crore, showing no improvement in profitability despite a revenue decline. The company's net profit margin has dropped to 1.0%, and its return on equity remains at 2.6%. The stock is 60.4% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.