Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Sep - Rama Steel Tubes Limited has informed about Copy of Newspaper Publication.
Source: Bse
Rama Steel Tubes Limited (RAMASTEEL)
Small CapMetals stocks · Small cap · NSE
Rama Steel Tubes Limited operates in Minerals, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:15 pm ISTDetails
Quote19 Oct, 03:15 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 05:50 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
46NeutralSMA20 +3.7% / mo · MACD − · near 52W low
Stock trend: 43
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
RAMASTEELD candles · FIT view-32.2%Latest close ₹3.87 on 2026-10-19
Bar
-0.8%
RSI
34
MACD hist
-0.05
52W pos
6%
2026-10-19O ₹3.90H ₹3.90L ₹3.87C ₹3.87Vol 6.3L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RAMASTEELNifty MetalNifty 500
- RAMASTEEL
- -10.0%
- Nifty 500
- -5.6%
- Nifty Metal
- -3.8%
- Vs Nifty 500
- -4.4 pp
Chart stats
19 Oct 2026- From 52W high
- -65.7%
- 52W range position
- 6%
- ATR (14)
- 2.5%
- Volume vs 20D
- 0.32x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹3.9 - ₹4.7
₹11.3
₹3.4 - ₹11.3
₹0.1
Latest completed session
20-session average
29.5% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED18
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad10
Revenue -16.7% · PAT +9.9% YoY
Technical
Neutral46
Price trend and sector-relative-strength timing.
Valuation
Legacy model-609.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence51
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 10/100Rev -17% YoY · PAT +10% YoY · margin expansion · operating leverage
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹223.3 Cr | -16.7% | -9.3% |
| EBITDA | ₹6.1 Cr | +287.9% | +42.3% |
| Operating margin | 2.7% | +214 bps | +99 bps |
| PAT | ₹5.4 Cr | +9.9% | +43.5% |
| PAT margin | 2.4% | +59 bps | +90 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 55.30
- P/B
- 1.50
- EV/EBITDA
- 30.25
- Market Cap
- 717.00Cr
Profitability
- ROE
- 2.75%
- ROCE
- 5.43%
- ROA
- 1.35%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 19.00%
- EPS 5Y
- -1.00%
- Revenue 3Y
- -6.00%
- EPS 3Y
- -24.00%
Balance Sheet
- Debt/Equity
- 0.27
- Interest Coverage
- 2.00×
- Altman Z
- 3.03
- Book Value
- 2.92
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- -109.00 Cr
- EPS TTM
- 0.08
Shareholding
- Promoter Hold
- 34.18%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 12%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 223-9.3% vs prev
Net Profit
₹ CrLatest: 5.4+43.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 34.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~3.6% over last month) — short-term momentum positive.
- RSI(14) at 34 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 66% off 52W high · 13% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
5
RS percentile
Stage 4 Downtrend
1M return
-9.6%
3M return
-10.0%
6M return
-34.5%
1Y return
-60.8%
RS 1D
0
RS 20D
-1
Sector rank
#4
Industry rank
#14
Stage evidence
- Price is 18.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 39.64-0.50%
RS vs Nifty 50040
Valuation & peers
U-Score 18 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 18 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth5/25
Quality0/20
Balance Sheet6/15
Cash Flow3/10
Piotroski
3/9 (+1)
Penalties
1
Raw sum
18
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
18/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 6/15 to the score.
- Cash flow contributes 3/10 to the score.
- Growth contributes 5/25 to the score.
Main drags
- Fair-value margin of safety is negative at -609.4%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 2/30; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
55.3
PB
1.5
EV/EBITDA
30.3
ROE
2.8%
ROCE
5.4%
FCF Yield
—
Debt/Equity
0.3
MoS
-609.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
18
Previous: 18
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-609.4%
Previous: -609.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
18
18
18
18
18
18
18
18
18
18
18
18
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹2.29
-68.8% MoS
Growth-justified P/E
6.8
Growth-justified Value
₹0.55
-609.4% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHIVAUM
Small
Shiv Aum Steels Limited
Mining
match 97
27
80.2
6.1%
-129%
OVERVALUED
MAANALU
Small
Maan Aluminium Limited
Mining
match 96
25
829.0
2.9%
-1927%
OVERVALUED
PRADPME
Small
Pradeep Metals Limited
Mining
match 94
47
24.5
20.3%
+5%
FAIR VALUE
MANAKSTEEL
Small
Manaksia Steels Limited
Mining
match 94
62
12.4
13.0%
+57%
UNDERVALUED
VISACHROME
Small
VISA Chrome Limited
Mining
match 93
39
—
—
+99%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Rama Steel Tubes Limited operates in Minerals, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
51Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 9th percentile of the scored universe and 7th percentile within Metals. Main check: financial discipline is weak at 22/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
26 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
9th percentile
overall median 67 · Metals: 7th pctile, median 70 · Small: 10th pctile, median 66
Evidence depth
Financial-only
26 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
22
weak · capital discipline
Results
35
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸5 years of positive FCF.
- ▸OPM spread across recent quarters is 3.9%.
Trust risks
- ▸Operating cash flow is negative at ₹-109 Cr.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸Promoter holding fell 3.6%.
- ▸ROCE is low at 5.6%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Rama Steel Tubes Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Preferential Issue 22 Sep - Board approved ₹346.4 crore preferential issue/warrants and acquisition amendment of Automech Group; EGM scheduled.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep - Rama Steel Tubes Limited has informed about Copy of Newspaper Publication.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Rama Steel Tubes Limited has informed about Copy of Newspaper Publication.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 13 Jul - ICRA withdrew ratings for ₹110 crore bank facilities at Rama Steel Tubes' request.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.