Rama Steel Tubes Ltd

Rama Steel Tubes Ltd

Next 500 2024
OVERVIEW
FINANCIALS

About

Rama Steel Tubes was established in 1974 by H. L. Bansal to produce steel pipes, tubes, and galvanised iron (GI) pipes. The company produces MS ERW black pipes ranging from 15mm to 200mm in diameter and GI pipes ranging from 15mm to 150mm in light, medium, and medium sizes. Its manufacturing plants and tube mills, situated in Sahibabad, Anantpur, and Khopoli, are equipped with modern technologies including tensile testing, crushing testing, flattening testing, and drift testing. Rama’s steel products find applications in sectors like the railways, telecom, the army, and irrigation. Under the leadership of Richi Bansal, the company claims a 20% export rate, serving countries like the UK, the UAE, Germany, South Africa, Ghana, Kuwait, Ethiopia, and the US.

Incorporation Year: 1974
Headquarters: New Delhi
Top Management: Naresh Kumar Bansa
Industry: Metals
Website: ramasteel.com

Featured In Fortune India Ranking

Next 500 India
#417(2024)
#417(2024)

Financial Data 2024

Revenue
1,055
(INR Cr)
Net Operating Income
1,047
(INR Cr)
Assets
493
(INR Cr)
Profit
29
(INR Cr)
Net Worth
335
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
1055
-27.3%
1451
82.8%
794
65.0%
481
31.4%
366
-28.5%
512
33.8%
383
45.6%
263
9.5%
240
20.7%
199
7.8%
185
-5.3%
195
23.8%
157
25.2%
126
-9.7%
139
-21.4%
177
-
Net Operating Income
(INR Cr)
1047
-21.71%
1337
74.02%
768
63.29%
470
33.34%
353
-30.02%
504
33.83%
377
45.04%
260
7.34%
242
25.73%
192
0.00%
181
-2.09%
185
20.47%
154
20.99%
127
-6.26%
136
-22.57%
175
0.00%
Profit
(INR Cr)
29
9.2%
27
-2.4%
27
120.7%
12
2779.1%
0
-94.9%
8
-34.2%
13
34.5%
9
57.1%
6
772.5%
1
-67.6%
2
91.9%
1
326.9%
0
-81.0%
1
-45.6%
3
-2.3%
3
-
Assets
(INR Cr)
493
7.9%
457
72.2%
266
42.7%
186
8.0%
172
-3.2%
178
25.1%
142
29.8%
110
30.9%
84
11.1%
75
26.8%
59
2.6%
58
-8.2%
63
9.7%
58
-3.8%
60
38.7%
43
-
Net Worth
(INR Cr)
335
34.0%
250
97.5%
127
26.7%
100
13.8%
88
0.9%
87
10.5%
79
50.3%
52
103.7%
26
30.6%
20
0.0%
19
12.7%
17
7.0%
16
1.7%
16
9.7%
14
21.6%
12
0.0%
Employee Cost
(INR Cr)
13
-4.2%
13
16.1%
11
57.1%
7
3.6%
7
17.9%
6
27.1%
5
35.2%
3
10.3%
3
12.2%
3
2.6%
3
12.9%
2
15.4%
2
23.8%
2
38.8%
1
5.2%
1
-
Interest Cost
(INR Cr)
21201181097865554433
Cash & Bank Balance
(INR Cr)
1713192213710867222234
Total Debt
(INR Cr)
14519313885839063575755394147424632

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 2.8%1.8%3.4%2.6%0.1%1.6%3.3%3.6%2.5%0.4%1.2%0.6%0.2%1.1%1.8%1.5%
Profit As % Of Assets 5.9%5.8%10.3%6.7%0.3%4.7%8.9%8.6%7.2%0.9%3.6%1.9%0.4%2.4%4.2%6.0%
Profit As % Of Networth 8.7%10.7%21.6%12.4%0.5%9.6%16.2%18.1%23.4%3.5%11.2%6.6%1.7%8.8%17.8%22.2%
Interest Cost to EBITDA % 35.8%39.3%26.0%42.0%110.9%57.0%29.2%38.7%42.4%91.5%88.4%167.5%117.9%55.5%63.4%55.6%
Debt to Equity Ratio 0.430.771.090.850.951.030.801.082.222.782.072.433.002.713.232.71
RONW 10.3%14.6%24.1%13.2%0.5%10.1%19.4%24.2%26.5%3.5%9.4%6.8%-2.3%9.2%19.5%22.2%
ROCE 12.7%15.6%20.7%12.5%6.7%11.7%19.8%21.5%18.6%8.1%11.0%11.6%5.9%9.7%12.9%17.7%