Rama Steel Tubes Ltd

NSE: RAMASTEEL BSE: 539309

₹4.03

-0.08 (1.95%)

Sun, 08 Nov 2026, 06:01 am

MTF 5xInvest in Rama Steel Tubes Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)677.32

PE Ratio55.74

Dividend0

Non-Energy Minerals

Steel

24.5K

Rama Steel Tubes Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-54.14M	-45.64M	-52.75M	-61.84M	-76.77M	-65.01M	-93.72M	-96.31M	-76.98M	-108.92M	-202.09M	-212.46M	-116.70M
Pretax equity in earnings	0	—	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	8.07M	4.87M	0	0	11.23M	3.84M	24.51M	23.24M	14.04M	-6.47M	16.64M	7.36M	5.94M
Total assets	701.07M	746.58M	961.88M	1.07B	1.35B	1.53B	2.00B	2.39B	2.50B	3.61B	6.98B	7.38B	7.62B
Total current assets	442.72M	470.63M	641.24M	762.50M	1.02B	1.08B	1.48B	1.74B	1.71B	2.73B	5.38B	6.00B	6.26B
Cash and short term investments	21.41M	22.42M	74.55M	66.15M	76.49M	97.20M	67.61M	131.16M	220.77M	187.12M	126.11M	174.06M	55.01M
Cash & equivalents	21.41M	22.42M	74.55M	66.15M	76.49M	97.20M	67.61M	131.16M	220.77M	187.12M	126.11M	150.40M	39.34M
Short term investments	0	0	0	0	0	0	—	0	0	0	0	23.66M	15.67M
Total receivables, net	166.30M	175.83M	111.33M	235.36M	350.06M	390.58M	677.30M	775.90M	586.00M	1.09B	2.46B	2.39B	2.59B
Accounts receivable - trade, net	166.05M	175.79M	111.33M	235.36M	327.83M	381.43M	644.60M	721.50M	522.56M	1.06B	2.33B	2.17B	2.43B
Other receivables	257.08K	44.08K	0	0	22.23M	9.15M	32.71M	54.40M	63.45M	35.99M	133.04M	224.32M	156.04M
Total inventory	164.72M	207.18M	256.17M	316.74M	514.41M	342.99M	622.33M	539.39M	728.61M	1.01B	1.97B	1.32B	1.27B
Other current assets, total	486.22K	0	0	0	65.14M	92.95M	104.68M	288.85M	169.41M	422.01M	811.38M	2.11B	2.34B
Total non-current assets	258.35M	275.95M	320.64M	309.38M	327.68M	457.77M	525.53M	656.50M	787.82M	879.13M	1.61B	1.38B	1.36B
Long term investments	28.88M	35.37M	134.71M	121.61M	64.66M	60.76M	118.40M	177.19M	231.84M	174.94M	241.62M	174.61M	200.28M
Note receivable - long term	0	0	0	0	623.00K	0	23.42M	59.38M	65.52M	741.00K	63.65M	68.51M	117.24M
Investments in unconsolidated subsidiaries	22.34M	27.21M	29.79M	19.70M	21.93M	20.76M	45.27M	68.51M	82.56M	0	130.03M	62.49M	1.98M
Other investments	6.55M	8.16M	104.91M	101.91M	42.11M	40.00M	49.71M	49.30M	83.76M	174.19M	47.94M	43.60M	81.06M
Net property/plant/equipment	154.71M	150.70M	181.88M	178.49M	243.77M	379.58M	384.39M	445.88M	517.57M	615.75M	1.03B	859.06M	813.61M
Gross property/plant/equipment	281.48M	288.01M	341.81M	339.74M	269.81M	424.17M	449.72M	535.72M	637.58M	770.06M	1.22B	1.10B	1.11B
Deferred tax assets	—	—	—	—	1.57M	1.85M	6.19M	18.85M	23.48M	23.45M	38.24M	47.77M	50.89M
Net intangible assets	0	0	0	0	974.00K	572.00K	180.00K	67.00K	314.00K	307.00K	280.72M	280.66M	280.66M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	280.48M	280.48M	280.48M
Other intangibles, net	0	0	0	0	974.00K	572.00K	180.00K	67.00K	314.00K	307.00K	241.00K	189.00K	189.00K
Other long term assets, total	74.76M	89.89M	4.06M	9.29M	7.24M	8.32M	9.84M	10.04M	10.46M	60.84M	13.41M	14.76M	14.71M
Short term debt	315.05M	303.21M	463.79M	402.61M	423.68M	463.12M	692.29M	650.13M	554.66M	1.06B	1.61B	1.17B	812.23M
Current portion of LT debt and capital leases	12.59M	5.66M	18.02M	27.34M	21.21M	25.28M	31.77M	34.20M	35.92M	0	69.54M	49.32M	30.68M
Short term debt excl. current portion of LT debt	302.46M	297.55M	445.77M	375.28M	402.47M	437.85M	660.52M	615.93M	518.74M	1.06B	1.54B	1.12B	781.56M
Accounts payable	54.22M	74.44M	23.44M	158.07M	153.94M	46.80M	188.19M	592.63M	502.97M	693.23M	2.16B	2.29B	2.86B
Income tax payable	6.10M	47.98K	905.59K	16.94M	17.79M	31.36M	5.17M	899.00K	22.22M	70.60M	80.16M	31.95M	30.67M
Long term debt	95.84M	91.40M	168.47M	168.24M	142.69M	164.59M	206.77M	181.54M	299.77M	317.76M	319.83M	280.35M	75.94M
Long term debt excl. lease liabilities	95.84M	91.40M	168.47M	168.24M	142.69M	164.59M	206.77M	181.54M	299.77M	317.76M	319.83M	280.35M	75.94M
Total equity	169.04M	200.35M	206.98M	267.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.64B	3.47B	3.73B
Shareholders' equity	169.04M	200.35M	206.98M	267.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.50B	3.35B	3.64B
Common equity, total	169.04M	190.35M	196.98M	257.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.50B	3.35B	3.64B
Other common equity	164.91M	167.41M	157.46M	107.73M	173.09M	150.03M	129.29M	155.89M	152.61M	155.20M	414.92M	189.96M	180.92M
Total debt	410.89M	394.61M	632.27M	570.86M	566.37M	627.72M	899.06M	831.67M	854.43M	1.38B	1.93B	1.45B	888.17M
Net debt	389.48M	372.20M	557.72M	504.70M	489.88M	530.51M	831.45M	700.50M	633.66M	1.19B	1.80B	1.28B	833.16M
Change in accounts receivable	-46.88M	13.24M	-70.09M	-70.95M	-92.47M	-53.60M	-263.16M	-76.90M	198.94M	-534.10M	-1.27B	160.60M	-270.74M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	43.76M	25.61M	71.09M	19.16M	1.03M	-107.14M	145.26M	404.44M	-89.66M	190.25M	1.47B	130.69M	579.53M
Change in other assets/liabilities	0	0	2.59M	—	32.61M	-177.07M	-18.53M	-110.56M	105.97M	-186.18M	-708.13M	-1.23B	-170.06M
Sale of fixed assets & businesses	1.02M	1.60M	11.70M	2.64M	500.00K	750.00K	826.00K	0	527.00K	553.00K	236.40M	114.47M	204.43M
Purchase/sale of investments, net	-8.07M	-4.87M	-98.73M	5.75M	109.48M	2.80M	-2.15M	0	-3.60M	-7.20M	16.75M	7.33M	-41.04M
Sale/maturity of investments	0	0	0	5.75M	111.71M	5.00M	24.51M	23.24M	14.04M	6.47M	16.75M	7.36M	5.94M
Purchase of investments	-8.07M	-4.87M	-98.73M	0	-2.23M	-2.20M	-26.66M	-23.24M	-17.64M	-13.67M	0	-28.00K	-46.98M
Other investing cash flow items, total	7.72M	-15.12M	85.83M	2.23M	0	1.00K	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-52.89M	-9.35M	140.47M	14.10M	4.72M	57.28M	264.85M	-69.82M	21.04M	525.80M	547.60M	-484.33M	-564.52M
Issuance/retirement of long term debt	-52.89M	-9.35M	140.47M	14.10M	0	0	0	0	0	0	0	—	0
Issuance/retirement of short term debt	0	0	0	—	0	0	0	0	0	0	0	—	0
Issuance/retirement of other debt	—	—	—	—	4.72M	57.28M	264.85M	-69.82M	21.04M	525.80M	547.60M	-484.33M	-564.52M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	-8.40M	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	-18.87M

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-54.14M	-45.64M	-52.75M	-61.84M	-76.77M	-65.01M	-93.72M	-96.31M	-76.98M	-108.92M	-202.09M	-212.46M	-116.70M
Pretax equity in earnings	0	—	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	8.07M	4.87M	0	0	11.23M	3.84M	24.51M	23.24M	14.04M	-6.47M	16.64M	7.36M	5.94M
Total assets	701.07M	746.58M	961.88M	1.07B	1.35B	1.53B	2.00B	2.39B	2.50B	3.61B	6.98B	7.38B	7.62B
Total current assets	442.72M	470.63M	641.24M	762.50M	1.02B	1.08B	1.48B	1.74B	1.71B	2.73B	5.38B	6.00B	6.26B
Cash and short term investments	21.41M	22.42M	74.55M	66.15M	76.49M	97.20M	67.61M	131.16M	220.77M	187.12M	126.11M	174.06M	55.01M
Cash & equivalents	21.41M	22.42M	74.55M	66.15M	76.49M	97.20M	67.61M	131.16M	220.77M	187.12M	126.11M	150.40M	39.34M
Short term investments	0	0	0	0	0	0	—	0	0	0	0	23.66M	15.67M
Total receivables, net	166.30M	175.83M	111.33M	235.36M	350.06M	390.58M	677.30M	775.90M	586.00M	1.09B	2.46B	2.39B	2.59B
Accounts receivable - trade, net	166.05M	175.79M	111.33M	235.36M	327.83M	381.43M	644.60M	721.50M	522.56M	1.06B	2.33B	2.17B	2.43B
Other receivables	257.08K	44.08K	0	0	22.23M	9.15M	32.71M	54.40M	63.45M	35.99M	133.04M	224.32M	156.04M
Total inventory	164.72M	207.18M	256.17M	316.74M	514.41M	342.99M	622.33M	539.39M	728.61M	1.01B	1.97B	1.32B	1.27B
Other current assets, total	486.22K	0	0	0	65.14M	92.95M	104.68M	288.85M	169.41M	422.01M	811.38M	2.11B	2.34B
Total non-current assets	258.35M	275.95M	320.64M	309.38M	327.68M	457.77M	525.53M	656.50M	787.82M	879.13M	1.61B	1.38B	1.36B
Long term investments	28.88M	35.37M	134.71M	121.61M	64.66M	60.76M	118.40M	177.19M	231.84M	174.94M	241.62M	174.61M	200.28M
Note receivable - long term	0	0	0	0	623.00K	0	23.42M	59.38M	65.52M	741.00K	63.65M	68.51M	117.24M
Investments in unconsolidated subsidiaries	22.34M	27.21M	29.79M	19.70M	21.93M	20.76M	45.27M	68.51M	82.56M	0	130.03M	62.49M	1.98M
Other investments	6.55M	8.16M	104.91M	101.91M	42.11M	40.00M	49.71M	49.30M	83.76M	174.19M	47.94M	43.60M	81.06M
Net property/plant/equipment	154.71M	150.70M	181.88M	178.49M	243.77M	379.58M	384.39M	445.88M	517.57M	615.75M	1.03B	859.06M	813.61M
Gross property/plant/equipment	281.48M	288.01M	341.81M	339.74M	269.81M	424.17M	449.72M	535.72M	637.58M	770.06M	1.22B	1.10B	1.11B
Deferred tax assets	—	—	—	—	1.57M	1.85M	6.19M	18.85M	23.48M	23.45M	38.24M	47.77M	50.89M
Net intangible assets	0	0	0	0	974.00K	572.00K	180.00K	67.00K	314.00K	307.00K	280.72M	280.66M	280.66M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	280.48M	280.48M	280.48M
Other intangibles, net	0	0	0	0	974.00K	572.00K	180.00K	67.00K	314.00K	307.00K	241.00K	189.00K	189.00K
Other long term assets, total	74.76M	89.89M	4.06M	9.29M	7.24M	8.32M	9.84M	10.04M	10.46M	60.84M	13.41M	14.76M	14.71M
Short term debt	315.05M	303.21M	463.79M	402.61M	423.68M	463.12M	692.29M	650.13M	554.66M	1.06B	1.61B	1.17B	812.23M
Current portion of LT debt and capital leases	12.59M	5.66M	18.02M	27.34M	21.21M	25.28M	31.77M	34.20M	35.92M	0	69.54M	49.32M	30.68M
Short term debt excl. current portion of LT debt	302.46M	297.55M	445.77M	375.28M	402.47M	437.85M	660.52M	615.93M	518.74M	1.06B	1.54B	1.12B	781.56M
Accounts payable	54.22M	74.44M	23.44M	158.07M	153.94M	46.80M	188.19M	592.63M	502.97M	693.23M	2.16B	2.29B	2.86B
Income tax payable	6.10M	47.98K	905.59K	16.94M	17.79M	31.36M	5.17M	899.00K	22.22M	70.60M	80.16M	31.95M	30.67M
Long term debt	95.84M	91.40M	168.47M	168.24M	142.69M	164.59M	206.77M	181.54M	299.77M	317.76M	319.83M	280.35M	75.94M
Long term debt excl. lease liabilities	95.84M	91.40M	168.47M	168.24M	142.69M	164.59M	206.77M	181.54M	299.77M	317.76M	319.83M	280.35M	75.94M
Total equity	169.04M	200.35M	206.98M	267.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.64B	3.47B	3.73B
Shareholders' equity	169.04M	200.35M	206.98M	267.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.50B	3.35B	3.64B
Common equity, total	169.04M	190.35M	196.98M	257.21M	523.75M	787.40M	870.09M	878.28M	999.45M	1.27B	2.50B	3.35B	3.64B
Other common equity	164.91M	167.41M	157.46M	107.73M	173.09M	150.03M	129.29M	155.89M	152.61M	155.20M	414.92M	189.96M	180.92M
Total debt	410.89M	394.61M	632.27M	570.86M	566.37M	627.72M	899.06M	831.67M	854.43M	1.38B	1.93B	1.45B	888.17M
Net debt	389.48M	372.20M	557.72M	504.70M	489.88M	530.51M	831.45M	700.50M	633.66M	1.19B	1.80B	1.28B	833.16M
Change in accounts receivable	-46.88M	13.24M	-70.09M	-70.95M	-92.47M	-53.60M	-263.16M	-76.90M	198.94M	-534.10M	-1.27B	160.60M	-270.74M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	43.76M	25.61M	71.09M	19.16M	1.03M	-107.14M	145.26M	404.44M	-89.66M	190.25M	1.47B	130.69M	579.53M
Change in other assets/liabilities	0	0	2.59M	—	32.61M	-177.07M	-18.53M	-110.56M	105.97M	-186.18M	-708.13M	-1.23B	-170.06M
Sale of fixed assets & businesses	1.02M	1.60M	11.70M	2.64M	500.00K	750.00K	826.00K	0	527.00K	553.00K	236.40M	114.47M	204.43M
Purchase/sale of investments, net	-8.07M	-4.87M	-98.73M	5.75M	109.48M	2.80M	-2.15M	0	-3.60M	-7.20M	16.75M	7.33M	-41.04M
Sale/maturity of investments	0	0	0	5.75M	111.71M	5.00M	24.51M	23.24M	14.04M	6.47M	16.75M	7.36M	5.94M
Purchase of investments	-8.07M	-4.87M	-98.73M	0	-2.23M	-2.20M	-26.66M	-23.24M	-17.64M	-13.67M	0	-28.00K	-46.98M
Other investing cash flow items, total	7.72M	-15.12M	85.83M	2.23M	0	1.00K	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-52.89M	-9.35M	140.47M	14.10M	4.72M	57.28M	264.85M	-69.82M	21.04M	525.80M	547.60M	-484.33M	-564.52M
Issuance/retirement of long term debt	-52.89M	-9.35M	140.47M	14.10M	0	0	0	0	0	0	0	—	0
Issuance/retirement of short term debt	0	0	0	—	0	0	0	0	0	0	0	—	0
Issuance/retirement of other debt	—	—	—	—	4.72M	57.28M	264.85M	-69.82M	21.04M	525.80M	547.60M	-484.33M	-564.52M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	-8.40M	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	-18.87M