Rama Steel Tubes share price
NSE: RAMASTEELBSE: 539309Industrial ProductsSmall Cap
Last close ₹3.66down ₹0.07 (1.88%)BSE ₹3.67
Share price at the NSE close on 23 Oct 2026. Previous close ₹3.73.
52-week range of traded prices to 23 Oct 2026
₹3.43Low, 30 Mar 2026₹11.29High, 12 Dec 2025
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹599 Cr1,466th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 1.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 2.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.27
- Volume, NSEVolume. Shares traded on the last trading day.
- 9,44,047
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 14 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹223 Crdown 9.27%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5.45 Crup 43.49%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 2.4%
Revenue by year
Peak revenue ₹1,337 Cr, year to Mar 2023
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 15 Nov | Dec 2024Filed 15 Feb | Mar 2025Filed 29 Jul | Jun 2025Filed 12 Sep | Sep 2025Filed 14 Nov | Dec 2025Filed 14 Feb | Mar 2026Filed 30 May | Jun 2026Filed 14 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 263 | 275 | 293 | 268 | 320 | 289 | 246 | 223 |
| Net profit | 4 | 6 | 7 | 5 | 1 | 2 | 4 | 5 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 1.6% | 2.0% | 2.3% | 1.8% | 0.3% | 0.6% | 1.5% | 2.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Manufacturing- Steel PipesManufacturing- Steel Pipes, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹656 Crdown 12.19%58.4%
- Trading- Building Material & Steel ProductsTrading- Building Material & Steel Products, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹468 Crup 55.62%41.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.PE ratio and valuation history
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 20% of 1,817 trading days since Nov 2018.
LowestHighest
Its median3.5Industry median1.5
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.33.6
At or below today's level on 61% of 1,817 trading days since Nov 2018.
LowestHighest
Its median27.1Industry median12.6
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 90% of 2,480 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median0.48%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −61.3% | −47.5% | −26.3% | 0.0% |
| 3 years | −26.9% | – | – | 0.0% |
| 5 years | +31.3% | −2.7% | +34.9% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 3 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.
Peers and competitors
Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Rama Steel Tubes in market cap.
Rama Steel Tubes is not on the chart: it has no P/E or return on equity today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 German Green Steel and PowerGERMAN | 760 | – | – | – | – | – | – | – | 0.00% |
 Beekay Steel IndustriesBEEKAY | 754 | 17.4 | 0.7 | 9.2 | +13.8% | −51.7% | 4.2% | 5.3% | 0.25% |
| Jindal Supreme (India)JSIPL | 706 | – | – | – | – | – | – | – | 0.00% |
 Scoda TubesSCODATUBES | 644 | 17.4 | 1.6 | 9.7 | – | – | 13.7% | 11.5% | 0.00% |
 Aerpace IndustriesAERPACE | 553 | – | 13.3 | – | – | – | −47.9% | −21.0% | 0.00% |
 Modern MalleablesMODMA | 494 | 20.3 | 2.8 | 14.7 | +129.5% | +88.6% | 14.5% | 17.6% | 0.00% |
 Panchmahal SteelPANCHMAHQ | 492 | 123.0 | 3.3 | 26.9 | +4.9% | – | 2.6% | 6.2% | 0.00% |
 Azad India MobilityAZADIND | 418 | 135.6 | 3.1 | 154.3 | – | – | 3.3% | 1.8% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹0.01 a share, year to Mar 2022.
| Ex-date | Type | Per share |
|---|---|---|
| 24 Feb 2022 | Interim | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
22 Sep · Board meeting
Rama Steel Tubes share price by year
Each calendar year to 2025.Rama Steel Tubes share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 9.38 | −22.1% | 13.79 | 9.20 |
| 2024 | 12.04 | +0.3% | 16.52 | 10.08 |
| 2023 | 12.00 | +8.3% | 14.60 | 8.85 |
| 2022 | 11.08 | +145.1% | 11.95 | 4.02 |
| 2021 | 4.52 | +611.6% | 4.52 | 0.61 |
| 2020 | 0.64 | +1.3% | 0.71 | 0.22 |
| 2019 | 0.63 | −49.7% | 1.66 | 0.48 |
| 2018 | 1.25 | −56.4% | 3.80 | 0.98 |
| 2017 | 2.86 | +90.9% | 2.86 | 1.48 |
| 2016 | 1.50 | +20.0% | 1.93 | 1.13 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 3.68 | 3.68 | 3.66 | 3.66 | 3.67 | 9,44,047 |
| 22 Oct 2026 | 3.78 | 3.78 | 3.73 | 3.73 | 3.75 | 6,94,603 |
| 21 Oct 2026 | 3.87 | 3.87 | 3.80 | 3.80 | 3.81 | 9,47,195 |
| 19 Oct 2026 | 3.90 | 3.90 | 3.87 | 3.87 | 3.89 | 6,29,297 |
| 16 Oct 2026 | 3.99 | 3.99 | 3.93 | 3.93 | 3.93 | 14,20,504 |
| 15 Oct 2026 | 4.00 | 4.00 | 3.98 | 3.99 | 3.99 | 11,63,561 |
| 14 Oct 2026 | 4.00 | 4.08 | 4.00 | 4.01 | 4.01 | 13,75,184 |
| 13 Oct 2026 | 4.03 | 4.03 | 4.00 | 4.00 | 4.01 | 6,99,104 |
| 12 Oct 2026 | 4.02 | 4.05 | 4.02 | 4.05 | 4.03 | 10,40,109 |
| 9 Oct 2026 | 4.10 | 4.10 | 4.07 | 4.07 | 4.08 | 7,07,401 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Mar 2024 | Bonus | 0.3333 | Holders received 2 bonus shares for every 1 held. |
| 6 Jan 2023 | Bonus | 0.2000 | Holders received 4 bonus shares for every 1 held. |
| 25 Aug 2022 | Split | 0.2000 | Each share became 5. |
| 14 Mar 2016 | Bonus | 0.2000 | Holders received 4 bonus shares for every 1 held. |
| 14 Mar 2016 | Split | 0.5000 | Each share became 2. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Rama Steel Tubes Limited
- NSE symbol
- RAMASTEEL
- BSE code
- 539309
- ISIN
- INE230R01035
- Industry
- Industrial Products
- Listed
- Aug 2015 on NSE, Sep 2015 on BSE
- Face value
- ₹1
- CIN
- L27201DL1974PLC007114
- Corporate identity number, the registrar of companies' code for it