Rama Steel Tubes Key Ratios
NSE: RAMASTEEL | BSE: 539309
₹4.48
As on 29-Sep-2026IST
Market cap
₹735 Cr
Revenue (TTM)
₹1,079 Cr
P/E Ratio
56.7
P/B Ratio
1.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -9.27 | -16.71 | -1.84 | -8.51 | 13.97 |
| EBIT | 58.66 | 4,462.24 | 14.51 | -34.81 | -7.08 |
| Net Profit | 19.40 | -3.94 | -40.31 | -25.14 | -9.53 |
| EPS | 19.47 | -8.48 | -43.24 | -29.06 | -14.14 |
| Book Value | -- | -- | 8.60 | 32.72 | 27.57 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 2.57 | 3.80 | 1.44 | 2.21 | 5.13 |
| Net Margin
| 2.02 | 2.63 | 1.06 | 2.14 | 2.85 |
| Return on equity
| 8.61 | 14.06 | 2.75 | 6.52 | 10.74 |
| Return on Capital
| 10.16 | 14.10 | -- | 8.70 | 12.75 |
| Return on Assets
| 4.38 | 5.29 | 1.40 | 3.04 | 4.18 |
| Debt to Equity (x)
| -- | -- | 0.11 | 0.24 | 0.43 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
8.70
|
12.75
|
15.61
|
20.85
|
|
Peer Median
|
--
|
14.07
|
--
|
18.66
|
--
|
ROE
2.75
Lower than Peers by 7.07
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
2.75
|
6.52
|
10.74
|
15.61
|
24.19
|
|
Peer Median
|
9.82
|
12.37
|
--
|
15.59
|
--
|
ROA
1.40
Lower than Peers by 3.09
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.40
|
3.04
|
4.18
|
5.18
|
8.96
|
|
Peer Median
|
4.49
|
7.53
|
--
|
7.33
|
--
|
EBIT Margin
1.44
Lower than Peers by 6.69
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.44
|
2.21
|
5.13
|
3.49
|
4.98
|
|
Peer Median
|
8.13
|
8.78
|
--
|
8.89
|
--
|
Net Margin
1.06
Lower than Peers by 4.30
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.06
|
2.14
|
2.85
|
2.04
|
3.51
|
|
Peer Median
|
5.36
|
6.53
|
--
|
7.37
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
2.73
|
3.39
|
2.40
|
4.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-1.84
Lower than Peers by 5.88
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
-1.84
|
0.15
|
-21.71
|
74.02
|
63.29
|
|
Peer Median
|
4.04
|
3.51
|
--
|
23.86
|
--
|
EBIT Growth
14.51
Lower than Peers by 0.07
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
14.51
|
-56.88
|
15.05
|
21.97
|
157.61
|
|
Peer Median
|
14.58
|
2.75
|
--
|
-1.92
|
--
|
Net Profit Growth
-40.31
Lower than Peers by 60.92
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
-40.31
|
-24.18
|
9.33
|
0.44
|
120.67
|
|
Peer Median
|
20.60
|
-1.04
|
--
|
-0.03
|
--
|
EPS Growth
-43.24
Lower than Peers by 58.50
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
-43.24
|
-22.38
|
-1.20
|
-11.99
|
120.71
|
|
Peer Median
|
15.26
|
-1.70
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
9.31
|
48.02
|
78.31
|
26.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.11
Lower than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
0.11
|
0.24
|
0.43
|
0.86
|
1.09
|
|
Peer Median
|
0.13
|
0.35
|
--
|
0.43
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
0.21
|
0.33
|
0.62
|
0.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.80
Higher than Peers by 0.40
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.80
|
1.66
|
1.67
|
1.35
|
1.37
|
|
Peer Median
|
1.41
|
1.48
|
--
|
1.67
|
--
|
Quick Ratio
1.43
Higher than Peers by 0.82
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.43
|
1.32
|
1.30
|
0.86
|
0.87
|
|
Peer Median
|
0.61
|
0.73
|
--
|
0.93
|
--
|
Interest Coverage
2.21
Lower than Peers by 2.03
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
2.21
|
3.47
|
2.77
|
2.73
|
4.30
|
|
Peer Median
|
4.24
|
4.94
|
--
|
7.61
|
--
|
Operating Efficiency
Debtors to sales
27.97
Higher than Peers by 18.02
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
27.97
|
23.21
|
20.69
|
17.40
|
13.76
|
|
Peer Median
|
9.95
|
11.58
|
--
|
14.63
|
--
|
Asset Turnover
1.31
Higher than Peers by 0.32
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.31
|
1.40
|
1.46
|
2.53
|
2.53
|
|
Peer Median
|
0.98
|
1.13
|
--
|
1.23
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
80.01
|
78.03
|
46.03
|
37.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
45.07
|
57.10
|
40.58
|
41.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
95.60
|
85.44
|
41.84
|
31.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
29.48
|
49.69
|
44.76
|
46.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
56.67
Higher than Peers by 30.12
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
56.67
|
64.14
|
76.25
|
16.21
|
0.26
|
|
Peer Median
|
26.55
|
25.84
|
--
|
16.71
|
--
|
Price / Book Value
1.52
Lower than Peers by 0.99
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
1.52
|
4.01
|
6.66
|
5.76
|
4.20
|
|
Peer Median
|
2.51
|
2.59
|
--
|
1.39
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
--
|
--
|
--
|
--
|
0.16
|
|
Peer Median
|
0.50
|
0.40
|
--
|
0.26
|
--
|
EV/EBITDA
27.91
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
27.91
|
33.67
|
36.86
|
25.36
|
12.54
|
|
Peer Median
|
--
|
16.36
|
--
|
9.63
|
--
|
Market Cap
735
Lower than Peers by 7,063
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Rama Steel Tubes
|
735
|
1,459
|
2,220
|
1,297
|
530
|
|
Peer Median
|
7,797
|
3,320
|
--
|
1,595
|
--
|