Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Rama Steel Tubes
-
Master Rating:
-
Rama Steel Tubes has an operating revenue of Rs. 624.38 Cr. on a trailing 12-month basis. An annual revenue growth of 34% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 12% is good. The company has a reasonable debt to equity of 30%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 57% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Rama Steel Tubes Ltd Forecast
Price Estimates
Eps And Sales Estimates
Rama Steel Tubes Ltd Synopsis
NSE-Steel-Producers
Rama Steel Tubes is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 325.71 Cr. and Equity Capital is Rs. 8.40 Cr. for the Year ended 31/03/2021. Rama Steel Tubes Ltd. is a Public Limited Listed company incorporated on 26/02/1974 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L27201DL1974PLC007114 and registration number is 007114.-
Market Cap
INR 389.28 Cr
-
Sales
INR 423.18 Cr
-
Shares in Float
0.64 Cr
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No of Funds
1 K
-
Yield
%
-
Book Value
4.4
-
U/D Vol Ratio
0.9
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LTDebt/Equity
27%
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Alpha
0.58
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Beta
0.74
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 62.33% | 62.33% | 62.33% |
| Foreign Portfolio Investors | 0% | 0% | 0% |
| Individual Investors | 32.23% | 31.16% | 31.97% |
| Others | 5.44% | 6.51% | 5.7% |
| Name | Designation |
|---|---|
| Mr. Naresh Kumar Bansal | Chairman & Managing Director |
| Mr. Richi Bansal | Director |
| Mr. Bharat Bhushan Sahny | Ind. Non-Executive Director |
| Mrs. Anju Gupta | Ind. Non-Executive Director |
| Mr. Jai Prakash Gupta | Ind. Non-Executive Director |
Rama Steel Tubes Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 114.3774 | 92.5692 | 104.31279 | 111.92301 | 86.45772 |
| Operating Expenses Qtr Cr | 108.96007 | 88.30083 | 100.38127 | 107.11279 | 83.24923 |
| Operating Profit Qtr Cr | 5.41733 | 4.26837 | 3.93152 | 4.81022 | 3.20849 |
| Depreciation Qtr Cr | 0.79419 | 0.76655 | 0.78976 | 0.61942 | 0.62334 |
| Interest Qtr Cr | 1.96239 | 1.86998 | 1.39945 | 1.43163 | 1.70498 |
| Tax Qtr Cr | 0.67077 | 0.72111 | 0.67322 | 0.73842 | 0.05246 |
| Net Profit Qtr Cr | 2.81129 | 1.85016 | 2.01787 | 2.05075 | 1.9218 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 328.8347 | 296.4847 | 407.8279 | 338.2233 | 237.2793 |
| Operating Expenses Annual Cr | 314.6966 | 285.8352 | 390.3469 | 314.0989 | 216.0976 |
| Operating Profit Annual in Cr | 11.0134 | 5.9261 | 14.2118 | 20.2341 | 18.7784 |
| Depreciation Cr | 2.6574 | 2.2178 | 2.1833 | 2.1306 | 2.9083 |
| Interest Annual Cr | 6.1022 | 8.0706 | 7.6478 | 6.0204 | 7.6618 |
| Tax Annual Cr | 1.4047 | 1.3122 | 2.4755 | 5.7663 | 3.656 |
| Net Profit Annual Cr | 5.3782 | 1.3728 | 7.6254 | 10.5907 | 8.0786 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 3.9608 | 14.2487 | -11.3126 | 6.1314 | -8.3795 |
| Cash from Investing Activity Annual Cr | -6.3575 | -4.8886 | -0.5374 | -4.838 | 2.7017 |
| Cash from Financing Annual Activity Cr | 0.7112 | -9.2079 | 11.9361 | -1.3723 | 6.5833 |
| Net Cash Flow Annual Cr | -1.6855 | 0.1522 | 0.0861 | -0.0789 | 0.9055 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 88.4683 | 83.0244 | 81.6599 | 74.3227 | 50.1007 |
| Fixed Assets Annual Cr | 39.4145 | 33.5741 | 28.395 | 28.8407 | 22.6241 |
| Total Non Current Assets Annual Cr | 77.0496 | 69.5073 | 50.2435 | 43.7084 | 29.6311 |
| Total Current Assets Annual Cr | 116.1122 | 118.6539 | 125.5595 | 91.4483 | 98.2829 |
| Total Assets Annual Cr | 193.1618 | 188.1612 | 175.803 | 135.1567 | 127.914 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 52.6785 | 49.4365 | 48.624 | 44.2555 | 31.2465 |
| ROE Annual % | 6.07 | 1.65 | 9.33 | 14.24 | 16.12 |
| ROCE Annual % | 9.94 | 8.62 | 16.31 | 25.84 | 29.26 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 4.34 | 3.65 | 4.32 | 7.21 | 9.01 |
Rama Steel Tubes Ltd Technicals
EMA & SMA
CURRENT PRICE
231.8 
(-4.27)
-
- Bullish Moving Averages 5
- Bearish Moving Averages 11
EMA
-
20 Day
249.49
-
50 Day
246.65
-
100 Day
221.17
-
200 Day
154.66
Rama Steel Tubes Ltd Resistance and support
245.57 PIVOT
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First Resistance
251.59
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Second Resistance
261.02
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Third Resistance
267.04
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First Support
236.14
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Second Support
230.12
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Third Support
220.69
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RSI
37.02
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MFI
35.2
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MACD
-4.6
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MACD signal line
-2.17
Rama Steel Tubes Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 29,327 | 2,021,803 | 68.94% |
| Week | 60,139 | 2,508,398 | 41.71% |
| 1 Month | 69,722 | 2,250,638 | 32.28% |
| 6 Month | 102,504 | 7,675,492 | 74.88% |
Rama Steel Tubes Ltd Price change analysis
-14.75
Over 1 month
Low High 228.95 277.4
2.65
Over 3 month
Low High 222.35 294.8
154.2
Over 6 months
Low High 72.5 294.8
183.05
Over Year
Low High 41.3 294.8Similar Stocks
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News
Rama Steel Tubes Ltd - 539309 - Draft Letter of Offer
Mark Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer to the Shareholders of Rama St Read More
Rama Steel Tubes Ltd - 539309 - Announcement under Regulatio
Rama Steel Tubes Limited submitted with Exchange Newspaper Publication of Unaudited Financial Results for quarter and half year ended on Sep Read More
Rama Steel Tubes Ltd - 539309 - Intimation Of Conference Cal
This is to inform you that our Company's Earning call to be held on Tuesday, November 16, 2021 at 4:00 p.m. (IST) to discuss the Company's Q Read More
Rama Steel Tubes Ltd - 539309 - Earnings Update
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Q2 FY22 Read More
Rama Steel Tubes Ltd - 539309 - Board Meeting Outcome for Un
Rama Steel Tubes Limited submitted with Exchange Outcome of Board Meeting held on November 13, 2021 Read MoreBlogs