Rama Steel Tubes Limited Net Assets
Rama Steel Tubes Limited net assets. Based on the latest financial reports, Rama Steel Tubes Limited (RAMASTEEL) has net assets worth Rs4.83 Billion INR (≈ $52.21 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.90 Billion ≈ $96.29 Million USD) and total liabilities (Rs4.08 Billion ≈ $44.09 Million USD). 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. Also explore RAMASTEEL shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.83 Billion |
| % of Total Assets | 54.22% |
| Annual Growth Rate | 29.42% |
| 5-Year Change | 281.16% |
| 10-Year Change | 815.33% |
| Growth Volatility | 32.51 |
Net Assets of Rama Steel Tubes Limited (2013–2026)
Net assets of Rama Steel Tubes Limited from 2013 to 2026. This chart illustrates how Rama Steel Tubes Limited's net assets have evolved over time, based on quarterly financial data. See Rama Steel Tubes Limited balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Rama Steel Tubes Limited (2013–2026)
The table below shows the annual net assets of Rama Steel Tubes Limited from 2013 to 2026. For live market cap and overall valuation, see RAMASTEEL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.83 Billion ≈ $52.21 Million |
+29.37% |
| 2025-03-31 | Rs3.73 Billion ≈ $40.36 Million |
+7.52% |
| 2024-03-31 | Rs3.47 Billion ≈ $37.54 Million |
+31.71% |
| 2023-03-31 | Rs2.64 Billion ≈ $28.50 Million |
+108.05% |
| 2022-03-31 | Rs1.27 Billion ≈ $13.70 Million |
+26.73% |
| 2021-03-31 | Rs999.45 Million ≈ $10.81 Million |
+12.85% |
| 2020-03-31 | Rs885.64 Million ≈ $9.58 Million |
+1.79% |
| 2019-03-31 | Rs870.09 Million ≈ $9.41 Million |
+10.50% |
| 2018-03-31 | Rs787.40 Million ≈ $8.52 Million |
+49.29% |
| 2017-03-31 | Rs527.42 Million ≈ $5.70 Million |
+97.38% |
| 2016-03-31 | Rs267.21 Million ≈ $2.89 Million |
+29.10% |
| 2015-03-31 | Rs206.98 Million ≈ $2.24 Million |
+3.31% |
| 2014-03-31 | Rs200.35 Million ≈ $2.17 Million |
+18.53% |
| 2013-03-31 | Rs169.04 Million ≈ $1.83 Million |
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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 929.1% over the analyzed period, indicating profitable operations and earnings retention.
Rama Steel Tubes Limited Net Assets Breakdown (March 2026)
Rama Steel Tubes Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.71 Billion | 35.90% |
| Common Stock | Rs1.64 Billion | 34.27% |
| Other Comprehensive Income | Rs3.14 Billion | 65.73% |
| Total Equity | Rs4.77 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 |
|---|---|
|
Nongwoobio Co. Ltd
KQ:054050
|
$71.37 Million |
|
NWF GROUP PLC LS-25
F:NYY
|
$71.42 Million |
|
EV Advanced Material Co.Ltd
KQ:131400
|
$71.47 Million |
|
Grong Sparebank
OL:GRONG
|
$71.47 Million |
|
MediciNova Inc
NASDAQ:MNOV
|
$71.26 Million |
|
Hai Kwang Enterprise Corp
TW:2038
|
$71.25 Million |
|
Daidong Elec
KO:008110
|
$71.25 Million |
|
mPLUS Corp
KQ:259630
|
$71.23 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 2025 to 2026, total equity changed from 3,643,016,000 to 4,774,593,000, a change of 1,131,577,000 (31.1%).
- Net income of 125,817,000 contributed positively to equity growth.
- New share issuances of 931,450,000 increased equity.
- Other comprehensive income increased equity by 2,957,633,999.
- Other factors decreased equity by 2,883,323,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs125.82 Million | +2.64% |
| Share Issuances | Rs931.45 Million | +19.51% |
| Other Comprehensive Income | Rs2.96 Billion | +61.95% |
| Other Changes | Rs-2.88 Billion | -60.39% |
| Total Change | Rs- | 31.06% |
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: 1.52x
- 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 4.45x to 1.52x 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 | Rs0.91 | Rs4.03 | x |
| 2014-03-31 | Rs1.07 | Rs4.03 | x |
| 2015-03-31 | Rs5.54 | Rs4.03 | x |
| 2016-03-31 | Rs0.72 | Rs4.03 | x |
| 2017-03-31 | Rs1.41 | Rs4.03 | x |
| 2018-03-31 | Rs1.89 | Rs4.03 | x |
| 2019-03-31 | Rs2.07 | Rs4.03 | x |
| 2020-03-31 | Rs0.70 | Rs4.03 | x |
| 2021-03-31 | Rs0.79 | Rs4.03 | x |
| 2022-03-31 | Rs1.01 | Rs4.03 | x |
| 2023-03-31 | Rs1.99 | Rs4.03 | x |
| 2024-03-31 | Rs2.66 | Rs4.03 | x |
| 2025-03-31 | Rs2.34 | Rs4.03 | x |
| 2026-03-31 | Rs2.66 | Rs4.03 | 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): 2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.12%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 1.86x
- Recent ROE (2.64%) is below the historical average (10.68%), 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 | Rs-5.83 Million |
| 2014 | 10.64% | 1.18% | 2.43x | 3.73x | Rs1.28 Million |
| 2015 | 3.32% | 0.36% | 2.00x | 4.65x | Rs-13.83 Million |
| 2016 | 22.54% | 2.49% | 2.26x | 4.01x | Rs33.51 Million |
| 2017 | 17.19% | 3.49% | 1.92x | 2.57x | Rs37.91 Million |
| 2018 | 16.15% | 3.43% | 2.42x | 1.95x | Rs48.41 Million |
| 2019 | 9.62% | 1.68% | 2.49x | 2.30x | Rs-3.29 Million |
| 2020 | 1.31% | 0.33% | 1.46x | 2.69x | Rs-76.94 Million |
| 2021 | 12.38% | 2.65% | 1.89x | 2.48x | Rs23.84 Million |
| 2022 | 21.57% | 3.56% | 2.14x | 2.83x | Rs146.49 Million |
| 2023 | 10.66% | 1.99% | 1.92x | 2.78x | Rs16.44 Million |
| 2024 | 8.69% | 2.78% | 1.43x | 2.19x | Rs-43.87 Million |
| 2025 | 6.25% | 2.17% | 1.38x | 2.08x | Rs-136.75 Million |
| 2026 | 2.64% | 1.12% | 1.26x | 1.86x | Rs-351.64 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: $2,420,688,293
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rama Steel Tubes Limited (RAMASTEEL) | Rs4.83 Billion | 6.55% | 0.84x | $71.30 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $679.84 Million | 23.62% | 1.65x | $6.61 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $14.31 Billion | 11.25% | 0.76x | $101.04 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $37.33 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $661.68 Million | 3.24% | 1.16x | $111.28 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-2.49 Billion | 0.00% | 0.00x | $83.77 Million |
| Grand Foundry Limited (GFSTEELS) | $-142.14 Million | 0.00% | 0.00x | $12.49 Million |
| Goodluck India Limited (GOODLUCK) | $3.10 Billion | 10.16% | 2.16x | $194.90 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $1.44 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $167.95 Million | 9.40% | 1.82x | $113.23 Million |
About Rama Steel Tubes Limited
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