Rama Steel Tubes Ltd - Stock Valuation and Financial Performance

BSE: 539309 | NSE: RAMASTEEL | Steel & Iron Products | Small Cap

Rama Steel Tubes Share Price

14.38 0.19 1.34%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Rama Steel Tubes

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Rama Steel Tubes stock performance -

mw4me loader
P/E Ratio (SA):
85.98
Market Cap:
2,191.2 Cr.
52-wk low:
8.7
52-wk high:
16.8

Is Rama Steel Tubes Ltd an attractive stock to invest in?

1. Is Rama Steel Tubes Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rama Steel Tubes Ltd is a below average quality company.

2. Is Rama Steel Tubes Ltd undervalued or overvalued?

The key valuation ratios of Rama Steel Tubes Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Rama Steel Tubes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rama Steel Tubes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rama Steel Tubes:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rama Steel Tubes Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.3%6.2%11%14.1%12.2%8.1%3.4%6.1%8.3%8.7%-
Value Creation
Index
-0.5-0.6-0.20.0-0.1-0.4-0.8-0.6-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1811922152353344052923265171,010923
Sales YoY Gr.-6.1%12%9%42.3%21%-27.9%11.6%58.8%95.2%-
Adj EPS 0000.10.10.1000.10.10.2
YoY Gr.--100%NA50%33.3%-37.5%-100%NA100%50%-
BVPS (₹) 0.20.20.20.40.60.70.70.70.81.32.4
Adj Net
Profit
1.10.54.47.89.75.8-0.55.310.316.325
Cash Flow from Ops. 7.93.35.2-8.46.1-11.314.34-33.3-47.6-
Debt/CF from Ops. 516.711.1-6.48.2-6.24.919.2-3.5-2.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 21%24.7%51.3%95.2%
Adj EPS 31.8%8.5%NA50%
BVPS25.7%18.5%26.3%70.5%
Share Price - 58.5% 150.9% 57.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
62.518.920.615.67.4-0.66.21110.68.5
Op. Profit
Mgn %
2.936.386.13.523.44.23.35
Net Profit
Mgn %
0.60.323.32.91.4-0.21.621.62.7
Debt to
Equity
22.62.21.20.70.90.80.91.20.7-
Working Cap
Days
9699961161031021681521248859
Cash Conv.
Cycle
5257537068638168665029

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 51.27%

Debt to equity has declined versus last 3 years average to 0.69

Sales growth is good in last 4 quarters at 11.01%

Return on Equity has declined versus last 3 years average to 8.50%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Rama Steel Tubes Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 0.2
TTM Sales (₹ Cr.) 923 1,177
BVPS (₹.) 2.4 2.7
Reserves (₹ Cr.) 223 267
P/BV 5.81 5.20
PE 85.98 65.02
From the Market
52 Week Low / High (₹) 8.70 / 16.83
All Time Low / High (₹) 0.24 / 16.83
Market Cap (₹ Cr.) 2,191
Equity (₹ Cr.) 154.4
Face Value (₹) 1
Industry PE 24.8

Management X-Ray of Rama Steel Tubes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Rama Steel Tubes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1811922152353344052923265171,010
Operating Expenses 176187202216314390286315495977
Manufacturing Costs8776575579
Material Costs159168186201299376270299472947
Employee Cost 2233455589
Other Costs 710666355811
Operating Profit 56141920146112233
Operating Profit Margin (%) 2.9%3.0%6.3%8.0%6.1%3.5%2.0%3.4%4.2%3.3%
Other Income 3334467344
Interest 55686886811
Depreciation 2233222333
Exceptional Items 0000000000
Profit Before Tax 218121610371522
Tax 0034621146
Profit After Tax 2158118151116
PAT Margin (%) 1.2%0.4%2.4%3.4%3.2%1.9%0.5%1.7%2.0%1.6%
Adjusted EPS (₹)0.00.00.10.10.10.10.00.00.10.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%8%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 202126467282838898185
Share Capital 12888888847
Reserves 191817386473758090139
Minority Interest0000000000
Debt3953545149696774112123
Long Term Debt917171191011242320
Short Term Debt303638404058565089103
Trade Payables72131541930224621
Others Liabilities 8201018138791743
Total Liabilities 7596104129137177188194273372

Fixed Assets

Gross Block28283322292931444490
Accumulated Depreciation1416163468101215
Net Fixed Assets14121720252423343275
CWIP 1610017261
Investments 313136121416141317
Inventories21263251334827579163
Trade Receivables181120303349553573120
Cash Equivalents 2756667514
Others Assets16211616293653485692
Total Assets 7596104129137177188194273372

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 835-86-11144-33-48
PBT 218121610371522
Adjustment 68997655914
Changes in Working Capital -0-5-11-26-13-227-7-55-80
Tax Paid 00-1-3-4-5-1-1-2-5
Cash Flow From Investing Activity -3-7-23-5-1-5-6-3-44
Capex -1-6-2-9-1-2-6-8-5-41
Net Investments 0-10010000000
Others -2901-31122-3
Cash Flow From Financing Activity -49-57-112-913394
Net Proceeds from Shares 116187000071
Net Proceeds from Borrowing 0000000000
Interest Paid -5-5-6-8-6-8-8-6-8-11
Dividend Paid 00000000-10
Others -113-5-4-220-174235
Net Cash Flow 05-21000-2-42
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)11.863.5422.922.9818.019.921.676.2711.2711.61
ROCE (%)11.939.117.5120.8119.6212.847.078.1311.7712.18
Asset Turnover Ratio2.752.422.382.232.552.571.61.72.223.13
PAT to CFO Conversion(x)431-10.55-1.38140.8-3-3
Working Capital Days
Receivable Days31252435343765503835
Inventory Days34414458453647475228
Payable Days15111525111133322613

Rama Steel Tubes Ltd Stock News

Rama Steel Tubes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rama Steel Tubes on 28-Mar-2024 16:01 is ₹14.38.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Rama Steel Tubes stood at ₹2,191.2.
The latest P/E ratio of Rama Steel Tubes as of 28-Mar-2024 16:01 is 85.98.
The latest P/B ratio of Rama Steel Tubes as of 28-Mar-2024 16:01 is 5.81.
The 52-week high of Rama Steel Tubes is ₹16.83 and the 52-week low is ₹8.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rama Steel Tubes is ₹923.4 ( Cr.) .

About Rama Steel Tubes Ltd

No data to display
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.