Rama Steel Tubes Limited

NSE:RAMASTEEL India Steel
Market Cap
$111.27 Million
₹9.64 Billion INR
Market Cap Rank
#20283 Global
#1026 in India
Share Price
₹5.89
Change (1 day)
-1.34%
52-Week Range
₹5.89 - ₹13.79
All Time High
₹16.52
Categories
Companies in India Steel
About

Rama Steel Tubes Limited manufactures and sells steel pipes and tubes in India. The company offers mild steel electric resistance welded (ERW) black steel pipes and tubes, galvanized iron (GI) pipes, and specialty pipes. It also provides structural steel products comprising square and rectangular hollow sections; telecommunication and infrastructure solutions for substations, radar towers, and ra… Read more

Rama Steel Tubes Limited (RAMASTEEL) - Net Assets

Latest net assets as of September 2025: ₹4.75 Billion INR

Based on the latest financial reports, Rama Steel Tubes Limited (RAMASTEEL) has net assets worth ₹4.75 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹8.43 Billion) and total liabilities (₹3.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹4.75 Billion
% of Total Assets 56.29%
Annual Growth Rate 29.42%
5-Year Change 273.37%
10-Year Change 1296.53%
Growth Volatility 33.82

Rama Steel Tubes Limited - Net Assets Trend (2013–2025)

This chart illustrates how Rama Steel Tubes Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Rama Steel Tubes Limited (2013–2025)

The table below shows the annual net assets of Rama Steel Tubes Limited from 2013 to 2025.

Year Net Assets Change
2025-03-31 ₹3.73 Billion +7.52%
2024-03-31 ₹3.47 Billion +31.71%
2023-03-31 ₹2.64 Billion +108.05%
2022-03-31 ₹1.27 Billion +26.73%
2021-03-31 ₹999.45 Million +12.85%
2020-03-31 ₹885.64 Million +1.79%
2019-03-31 ₹870.09 Million +10.50%
2018-03-31 ₹787.40 Million +49.29%
2017-03-31 ₹527.42 Million +97.38%
2016-03-31 ₹267.21 Million +29.10%
2015-03-31 ₹206.98 Million +3.31%
2014-03-31 ₹200.35 Million +18.53%
2013-03-31 ₹169.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Rama Steel Tubes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 858.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹1.60 Billion 43.82%
Common Stock ₹1.55 Billion 42.66%
Other Comprehensive Income ₹180.92 Million 4.97%
Other Components ₹311.65 Million 8.55%
Total Equity ₹3.64 Billion 100.00%

Rama Steel Tubes Limited Competitors by Market Cap

The table below lists competitors of Rama Steel Tubes Limited ranked by their market capitalization.

Company Market Cap
Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S.
IS:GOKNR
 		$61.61 Million
YHN Acquisition I Limited Unit
NASDAQ:YHNAU
 		$61.64 Million
Powertip Image Corp
TWO:6498
 		$61.64 Million
Muang Thai Insurance Public Company Limited
BK:MTI
 		$61.65 Million
Cristales
SN:CRISTALES
 		$61.55 Million
ABL GROUP ASA NA NK-10
F:26Q
 		$61.55 Million
Stealth Group Holdings Ltd
AU:SGI
 		$61.54 Million
ROBERT WALTERS PLC LS-20
F:RBW
 		$61.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rama Steel Tubes Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,351,464,000 to 3,643,016,000, a change of 291,552,000 (8.7%).
  • Net income of 227,551,000 contributed positively to equity growth.
  • Share repurchases of 56,609,000 reduced equity.
  • New share issuances of 56,609,000 increased equity.
  • Other comprehensive income increased equity by 172,876,000.
  • Other factors decreased equity by 108,875,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹227.55 Million +6.25%
Share Repurchases ₹56.61 Million -1.55%
Share Issuances ₹56.61 Million +1.55%
Other Comprehensive Income ₹172.88 Million +4.75%
Other Changes ₹-108.88 Million -2.99%
Total Change ₹- 8.70%

Book Value vs Market Value Analysis

This analysis compares Rama Steel Tubes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.51x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 6.50x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-03-31 ₹0.91 ₹5.89 x
2014-03-31 ₹1.07 ₹5.89 x
2015-03-31 ₹5.54 ₹5.89 x
2016-03-31 ₹0.72 ₹5.89 x
2017-03-31 ₹1.41 ₹5.89 x
2018-03-31 ₹1.89 ₹5.89 x
2019-03-31 ₹2.07 ₹5.89 x
2020-03-31 ₹0.70 ₹5.89 x
2021-03-31 ₹0.79 ₹5.89 x
2022-03-31 ₹1.01 ₹5.89 x
2023-03-31 ₹1.99 ₹5.89 x
2024-03-31 ₹2.66 ₹5.89 x
2025-03-31 ₹2.34 ₹5.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rama Steel Tubes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 6.25%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.17%
  • • Asset Turnover: 1.38x
  • • Equity Multiplier: 2.08x
  • Recent ROE (6.25%) is below the historical average (11.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 6.55% 0.60% 2.64x 4.15x ₹-5.83 Million
2014 10.64% 1.18% 2.43x 3.73x ₹1.28 Million
2015 3.32% 0.36% 2.00x 4.65x ₹-13.83 Million
2016 22.54% 2.49% 2.26x 4.01x ₹33.51 Million
2017 17.19% 3.49% 1.92x 2.57x ₹37.91 Million
2018 16.15% 3.43% 2.42x 1.95x ₹48.41 Million
2019 9.62% 1.68% 2.49x 2.30x ₹-3.29 Million
2020 1.31% 0.33% 1.46x 2.69x ₹-76.94 Million
2021 12.38% 2.65% 1.89x 2.48x ₹23.84 Million
2022 21.57% 3.56% 2.14x 2.83x ₹146.49 Million
2023 10.66% 1.99% 1.92x 2.78x ₹16.44 Million
2024 8.69% 2.78% 1.43x 2.19x ₹-43.87 Million
2025 6.25% 2.17% 1.38x 2.08x ₹-136.75 Million

Industry Comparison

This section compares Rama Steel Tubes Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $2,077,213,375
  • Average return on equity (ROE) among peers: 17.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rama Steel Tubes Limited (RAMASTEEL) ₹4.75 Billion 6.55% 0.78x $61.56 Million
Ankit Metal & Power Limited (ANKITMETAL) $-100.86 Million 0.00% 0.00x $722.48K
APL Apollo Tubes Limited (APLAPOLLO) $24.64 Billion 25.12% 0.81x $4.04 Billion
Ashoka Metcast Limited (ASHOKAMET) $23.00K 60.87% 7947.74x $1.75 Million
Bansal Wire Industries Ltd (BANSALWIRE) $2.83 Billion 21.21% 1.65x $84.98 Million
Bedmutha Industries Limited (BEDMUTHA) $1.45 Billion 17.08% 3.51x $8.02 Million
Bharat Wire Ropes Limited (BHARATWIRE) $1.38 Billion 0.97% 2.02x $61.29 Million
Electrotherm (India) Limited (ELECTHERM) $-10.96 Billion 0.00% 0.00x $31.33 Million
Gallantt Ispat Limited (GALLANTT) $1.10 Billion 27.96% 1.96x $327.71 Million
Grand Foundry Limited (GFSTEELS) $-57.50 Million 0.00% 0.00x $1.30 Million
Goodluck India Limited (GOODLUCK) $490.54 Million 25.50% 2.98x $163.26 Million