RAMA STEEL TUBES chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 411.14
Dividend & Yield1.00₹ (0.29%)
Beta 1.39
Market capitalization 5.97B
Operating cash flow N/A
ESG Scores unknown

Company description

Rama Steel Tubes Limited manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. It offers ERW galvanized steel pipes and tubes, ERW black steel pipes and tubes, scaffolding pipes and tubes, swaged poles, structural steel products, and hollow sections. The company also exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Ghana, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, etc. Rama Steel Tubes Limited was incorporated in 1974 and is based in New Delhi, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.84
Working Capital0.23
Return On Equity0.12
Debt To Equity0.3
Fixed Asset Ratio0
Fixed Interest Cover2.22

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities -107.14M 145.26M 404.44M -89.66M
Total Cashflows From Investing Activities -89.67M -27.01M -68.34M -101.65M
Net Borrowings 57.28M 264.85M -69.82M 21.04M
Total Cash From Financing Activities 61.81M 171.13M -166.13M -55.94M
Change To Operating Activities -177.06M -18.53M -110.56M 105.97M
Issuance Of Stock
Net Income 127.16M 83.72M 4.26M 123.78M
Change In Cash 20.71M -29.59M 63.55M 89.6M
Effect Of Exchange Rate
Total Cash From Operating Activities 48.56M -173.71M 298.03M 247.19M
Depreciation 22.82M 27.25M 28.9M 34.56M
Change To Account Receivables -53.6M -263.16M -76.9M 198.94M
Other Cashflows From Financing Activities 4.53M -93.72M -96.31M -76.98M
Change To Netincome 64.5M 21.89M 73.65M 62.76M
Capital Expenditures -105.6M -31.79M -66.1M -112.03M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 184.47M 93.93M 21.13M 147.06M
Net Income 127.16M 83.72M 4.26M 123.78M
Selling General Administrative 51.79M 63.85M 76.93M 81.52M
Gross Profit 377.14M 334.09M 283.46M 387.91M
Ebit 222.76M 154.63M 75.75M 157.59M
Operating Income 222.76M 154.63M 75.75M 157.59M
Interest Expense -64.36M -92.52M -95.31M -70.93M
Income Tax Expense 57.32M 10.22M 16.87M 23.28M
Total Revenue 3.77B 5.04B 3.53B 4.7B
Cost Of Revenue 3.39B 4.71B 3.24B 4.32B
Total Other Income ExpenseNet -38.29M -60.69M -54.62M -10.53M
Net Income From Continuing Ops 127.16M 83.72M 4.26M 123.78M
Net Income Applicable To Common Shares 127.16M 83.72M 4.26M 123.78M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 741M 1.13B 1.5B 1.48B
Total Stockholder Equity 787.4M 870.09M 878.28M 999.45M
Other Current Liabilities 41.5M 21.46M 31.94M 84.17M
Total Assets 1.53B 2B 2.38B 2.48B
Common Stock 83.97M 83.97M 83.97M 83.97M
Other Current Assets 241.6M 251.41M 343.17M 237.08M
Retained Earnings 463.52M 566.94M 571.1M 695.54M
Treasury Stock 22.29M 1.57M 5.59M 2.31M
Cash 97.2M 67.61M 131.16M 220.77M
Total Current Liabilities 559.68M 915.91M 1.29B 1.16B
Other Stockholder Equity 22.29M 1.57M 5.59M 2.31M
Property, Plant, and Equipment 379.58M 384.39M 439.25M 517.57M
Total Current Assets 1.07B 1.48B 1.74B 1.71B
Net Tangible Assets 786.83M 869.91M 878.22M 999.13M
Net Receivables 384.2M 646.63M 723.92M 524.79M
Accounts Payable 42.93M 188.19M 592.63M 502.97M


Insider Transactions

Here are the insider transactions of stock shares related to RAMA STEEL TUBES:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bansal (Naresh Kumar)Acquisition at price 0.65 per share.D2020-12-07Executive Chairman25.39k
Bansal (Naresh Kumar)Acquisition at price 0.63 per share.D2020-11-23Director23.2k
Bansal (Naresh Kumar)Acquisition at price 0.57 per share.D2020-09-30Executive Chairman36.09k
Bansal (Naresh Kumar)Acquisition at price 0.53 per share.D2020-09-21Promoter35.37k
Bansal (Naresh Kumar)Acquisition at price 0.48 per share.D2020-09-01Executive Chairman74.61k
Bansal (Naresh Kumar)D2019-09-20Executive Chairman18.16k
Bansal (Richi)D2019-09-11Director (Executive)26.29k
Bansal (Naresh Kumar)D2019-09-09Executive Chairman36.62k
Bansal (Naresh Kumar)D2019-08-30Executive Chairman22.29k
Bansal (Naresh Kumar)D2019-03-22Chairman of the Board20k
Naresh Kumar & SonsD2018-01-08Promoter180k
Bansal (Naresh Kumar)D2017-05-27Chairman of the Board160k
Bansal (Kanika)D2017-05-12Promoter75k
Bansal (Krati)D2017-05-12Promoter150k
Bansal (Richi)D2017-05-12Director (Executive)150k
Bansal (Kumud)D2017-05-12Promoter150k
Bansal (Nikhil Naresh)D2017-05-12Executive Chairman75k
Bansal (Naresh Kumar)D2016-07-15Executive Chairman1.5M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to RAMA STEEL TUBES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on RAMA STEEL TUBES

Here is the result of two systematic investment strategies applied to RAMA STEEL TUBES. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on RAMA STEEL TUBES

The following chart shows the equity curve of the two systematic investment strategies applied to RAMA STEEL TUBES:

RAMA STEEL TUBES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 525.51% on the backtest period.

Performance at glance

Performance

525.51 %

Latent gain

13078.55 ₹

Invested capital

2488.75 ₹

Annualized return

125.12 %
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Momentum strategy results on RAMA STEEL TUBES

This is the result of two momentum investment strategies applied to RAMA STEEL TUBES. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on RAMA STEEL TUBES

The following chart shows all the entries opened by the momentum investment system on RAMA STEEL TUBES:

RAMA STEEL TUBES momentum entries
  • The first momentum investment strategy would give 414.59% of return on RAMA STEEL TUBES. That represents 19111.75₹ of latent gain with 4609.85₹ of employed capital.
  • The second momentum investment strategy would give 499.55% of return on RAMA STEEL TUBES. That represents 14823.75₹ of latent gain with 2967.45₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

414.59 %

Latent gain

19111.75 ₹

Invested capital

4609.85 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

499.55 %

Latent gain

14823.75 ₹

Invested capital

2967.45 ₹

Annualized return

134.29 %

Momentum equity curve on RAMA STEEL TUBES

The following chart shows the equity curve of the two momentum strategies applied to RAMA STEEL TUBES:

RAMA STEEL TUBES momentum equity

Note: the dividends potentially given by RAMA STEEL TUBES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RAMA STEEL TUBES

The following chart shows the employed capital evolution of the two momentum strategies on RAMA STEEL TUBES since the beginning:

RAMA STEEL TUBES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on RAMA STEEL TUBES

Buy the dip entry openings on RAMA STEEL TUBES

RAMA STEEL TUBES

The performance achieved by the robo-advisor on RAMA STEEL TUBES is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows RAMA STEEL TUBES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of RAMA STEEL TUBES, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to RAMA STEEL TUBES

The following chart shows the result of the investment strategy applied to RAMA STEEL TUBES:

RAMA STEEL TUBES

Note: the dividends potentially given by RAMA STEEL TUBES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RAMA STEEL TUBES

The following chart shows the employed capital evolution since the beginning of the investment strategy on RAMA STEEL TUBES:

RAMA STEEL TUBES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on RAMA STEEL TUBES

In this section, I will compare the three previous investment strategies applied to RAMA STEEL TUBES.

Equity curve comparison on RAMA STEEL TUBES

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

RAMA STEEL TUBES investment strategy comparison

Employed capital comparison on RAMA STEEL TUBES

RAMA STEEL TUBES investment comparison

Performance comparison on RAMA STEEL TUBES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 525.51% 13078.55₹ 2488.75₹ 125.12%
Momentum 1 quarter 414.59% 19111.75₹ 4609.85₹ 104.69%
Momentum 2 quarters 499.55% 14823.75₹ 2967.45₹ 134.29%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

125.12 %

Momentum 1Q

134.29 %

Momentum 2Q

134.29 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with RAMA STEEL TUBES:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between RAMA STEEL TUBES and the other stocks. There may be false positives or some missing correlated stocks. If the price of RAMA STEEL TUBES does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name RAMA STEEL TUBES
Country India
City New Delhi
Address B-5, Main Road
Phone 91 11 4344 6600
Website www.ramasteel.com
FullTime employees 95
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker RAMASTEEL.XNSE
Market

RAMA STEEL TUBES ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown