Rama Steel Share is a bullish trend in the share market. In times of share ups and downs, you should know all about share details before investing. In this blog we are going to discuss Rama Steel Share Price Target 2025, 2027, 2028, 2030, 2040. We try to analysis about the share base in the company’s overall performance.
We also look after the company’s profit growth in the last 5 years, the last 5 years sales growth, and the last 5 years’ ROE percentage similarly we also compare the Share growth, the share price return amount of the share increasing or decreased through the last 5 year’s. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at the Rama Steel Share Price Target from 2025 to 2040.
Contents
- 1 Overview Of Rama Steel Tubes Limited
- 2 Fundamental Analysis Of Rama Steel Tubes Limited
- 3 The Last Few Year’s Performance Of Rama Steel Tubes Limited
- 4 Rama Steel Share Price Target 2025
- 5 Rama Steel Share Price Target 2027
- 6 Rama Steel Share Price Target 2028
- 7 Rama Steel Share Price Target 2030
- 8 Rama Steel Share Price Target 2040
- 9 Discussion About Share Holding Pattern Of Rama Steel Limited
- 10 Peer’s Company Of Rama Steel Limited
- 11 What Is The Expert Analysis To Invest In Rama Steel Share Right Now?
- 12 Rama Steel Share Price Target Prediction In The Last Few Years
- 13 FAQ
- 14 Conclusion
Overview Of Rama Steel Tubes Limited
Rama Steel Tubes Limited was established in the year 1974. The headquarters of the company is situated in Delhi. The company is a reputed company in the steel sector as a manufacturer and supplier of steel pipes and tubes. The company provides business activities in various fields, including infrastructure, construction, automobile, agriculture as well as steel manufacturing. In the starting time 1981, the company set up 10,000 tonnes per annum but in recent times the company’s manufacturing capability reached 2,64,000 metric tonnes.
Fundamental Analysis Of Rama Steel Tubes Limited
| Company Name | Rama Steel Tubes Limited |
| Market Cap | ₹1,990.98 Crore |
| Book Value | ₹1.96 |
| Face Value | ₹1 |
| 52 Week High | ₹17.59 |
| 52 Week Low | ₹9.91 |
| P/E | ₹107.66 |
| P/B | 6.58 |
| ROE | 9.57% |
| ROA | 5.27% |
| DIV. YIELD | 0% |
The Last Few Year’s Performance Of Rama Steel Tubes Limited
Profit Growth
The company’s last 5 year’s profit growth percentage is described in the below portion.
- In the last 5 years 25.10
- In the last 3 years 62.15%
- In the last 1 year 38.26%
The Net Profit amount was ₹16.89 Crore in March 2023 which increased to ₹22.78 in March 2024. The Operating Profit amount was ₹32.89 Crore in March 2023 which increased to ₹37.01 Crore in March 2024.
Sales Growth
The last 5 year’s Sales growth percentage of the company is described in the below portion.
- In the last 5 years 14.59%
- In the last 3 years 34.95%
- In the last 1 year -21.26%
The Net Sales amount of the company was ₹1,0090.26 Crore in March 2023 which decreased to ₹795.26 Crore in March 2024.
ROE Percentage
The company’s last 5 year’s ROE percentage is described below.
- In the last 5 years 8.96%.
- In the last 3 years 10.96%
- In the last 1 year 9.68%
ROCE Percentage
The company’s last 5 year’s ROCE percentage is described below.
- In the last 5 years 10.29%.
- In the last 3 years 11.96%
- In the last 1 year 11.68%
Total Expenditure Amount
The Total Expenditure amount of the company was ₹982.38 Crore in March 2023 which decreased to ₹758.39 Crore in March 2024.
Total Assets Amount
The Total Assets amount was ₹373.29 Crore in March 2023 which increased to ₹491.96 Crore in March 2024.
The Net Cash Flow Amount
The company’s Net Cash Flow amount was ₹2.56 Crore in March 2023, which decreased to ₹5.79 Crore in March 2024.
Profit Before Tax Amount
The Profit Before Tax amount was ₹23.01 Crore in March 2023 which increased to ₹30.26 Crore in March 2024.
Profit After Tax Amount
The profit after tax amount was ₹4 Crore in September 2023 which decreased to ₹2.94 Crore in September 2024.
Also Read – Tata Steel Share Price Target
Rama Steel Share Price Target 2025 forecast range may vary from ₹12.29 to ₹17.57.
Influencing Key Factors For Rama Steel Share Price Target 2025
- Increases Products Demands
- According to market demand, the steel consumption is projected to increase. The company’s manufactured products are galvanized iron pipes, steel pipes & tubes, mild steel ERW black steel pipes and tubes, suction structural steel products, hollow sections pipes, etc the most demanding products in the market, increasing the company’s sales growth.
- Spread In International Country
- The company spreads its business in domestic & international markets like Sri Lanka, Ethiopia, Kenya, Ghana, Somalia, Sudan, South Africa, Zambia, Malta, and Kuwait which increases the company’s product demand and can also tie up with international countries.
- Diversification Of Products
- The company is also entire in different sectors Rama Defence Private Limited is a wholly owned subsidiary of Rama Steel Tubes Limited. Rama Defence was incorporated in the year 2024, on 31st August. The Defence Sector is also a growing sector in today’s market which will be beneficial for Rama Steel Tubes Limited.
| Year | Rama Steel Share Price Target 2025 |
| 1st Price Target | ₹12.29 |
| 2nd Price Target | ₹17.57 |
Risk Factors
- The Promotor Holding capacity decreased compared to the previous year. In September 2023 the percentage was 57.14% which decreased to 47.98% in September 2024 which is not good for the company’s growth.
- Increases in the price of raw materials like iron ore, and coal can affect the share growth.
Rama Steel Share Price Target 2027 forecast range may vary from ₹22.49 to ₹28.95.
Influencing Key Factors For Rama Steel Share Price Target 2027
- Entire Into Green Energy
- Rama Steel Tubes Limited is entirely in the green energy sector. ONIX IPP Pvt Limited is the new wholly owned subsidiary of Rama Steel Tubes which has an authorised capital of ₹1 lakh. The proposed company to be incorporated in India will carry out business in the field of green energy and renewable energy sector which will change the company’s profile. Green Energy is a new resource that will grow more in the coming future.
- Increases Cash Flow Amount From Operating Activity
- The cash flow amount from operating activity was very poor in March 2023 which was -96 Crore which increased to ₹18 Crore in March 2024.
- Stock Returns vs Nifty Metal
- Stock generated a 152.4% return as compared to Nifty Metal which gave investors a 50.59% return over the last 3-year time period (as of the last trading session) which is a mostly important part of the company’s growth.
| Year | Rama Steel Share Price Target 2027 |
| 1st Price Target | ₹22.49 |
| 2nd Price Target | ₹28.95 |
Risk Factors
- As the company deals with many international countries high inflation and interest rates may increase the cost of borrowing among the companies hence reducing the profit growth of the country.
- Import or export policies and high interest rates may affect the company’s profit growth.
Rama Steel Share Price Target 2028 forecast range may vary from ₹29.42 to ₹33.67.
Influencing Key Factors For Rama Steel Share Price Target 2028
- Tie Up With Big Companies
- Rama Steel Tubes has a clientele with some big companies in different industries like SAIL, GAIL, Airtel, BSNL, TATA, and Ashok Leyland which is a big point for the company’s growth.
- Rama Steel Tubes Share Buy & Sell Quantity
- Rama Steel Tubes share buy quantity was 3,33,955 and the sell quantity was 29,17,113 in the year 2024 which is a good quantity yearly which means many investors show interest in the share.
- Wholly Owned Foreign Subsidiary
- Rama Steel Tubes Limited has a wholly owned foreign subsidiary in Dubai, UAE in the name of RST International Trading FZE which is engaged in trading building & construction material items. In the year 1981, the company set up a unit with 10,000 tonnes per annum which reached 2,64,000 metric tonnes per annum which is a very good side for the company’s growth.
| Year | Rama Steel Share Price Target 2028 |
| 1st Price Target | ₹29.42 |
| 2nd Price Target | ₹33.67 |
Risk Factors
- Any changes in governmental policies related to environmental regulation may affect the company’s profit growth.
- The company has a debt amount, any small amount of debt may affect the company’s profit growth.
Rama Steel Share Price Target 2030 forecast range may vary from ₹34.27 to ₹40.29.
Influencing Key Factors For Rama Steel Share Price Target 2030
- Established Solar Power Plant
- In the year 2017-18, the company commissioned its first captive power plant of 750 KW at Khopoli Unit, Maharashtra. This addition increased the company’s profit growth in the last 3 years which was good.
- Subsidiary Company
- Rama Steel Tubes Limited acquired a 51% stake in M/S Ashoka Infrasteel and a 50% stake in M/S Hagar Mega Mart Pvt. Limited and further has been holding a 25% stake in peer Panchal Construction (JV). In the year 2016-17, the company acquired a 100% stake in its wholly owned subsidiary, Lepakshi Tubes Private Limited. Through all those subsidiaries the company also increases its profit margin.
- Increases Operating Expenses Percentage
- The company’s CAGR percentage was 14.98% in the last 5 years which increased to 35% in the last 3 years and in the last 2 years CAGR percentage was 23.6%.
| Year | Rama Steel Share Price Target 2030 |
| 1st Price Target | ₹34.27 |
| 2nd Price Target | ₹40.29 |
Risk Factors
- The company should have good cash flow managment to maintain the good production value of the company.
- The company should maintain a high R&D sector to maintain the company’s profit growth by innovating new products.
Rama Steel Share Price Target 2027 forecast range may vary from ₹100.29 to ₹109.85.
Influencing Key Factors For Rama Steel Share Price Target 2040
- Increases EBIDT Margin
- The EBIDT amount of the company was ₹37.1 Crore in March 2023 (3.65%) which increased to ₹46.8 Crore (4.60%) in March 2024.
- Increases Manufacturing Facilities
- The company has a total production capacity of 2,94,000 MTPA as of September 2023. The company has two manufacturing facilities at Sahibad, Uttar Pradesh with an installed capacity of 60,000 MTPA. The company’s manufacturing facility is at Khopoli, Maharashtra has an installed capacity of 1,62,000 MTPA which was earlier 1,32,000 MTPA. One of the other is Anantapur, Andhra Pradesh has an installed capacity of 72,000 MTPA. The other one is at Sahibadad, Uttar Pradesh with an installed capacity of 60,000 MTPA.
- Adequate Capitalisation Profile Supported By Recent Equity Infusion
- The equity infusion of ₹157 Crore in the year 2023 and in the year 2024 is expected to reduce their leverage to 2-2.3 times in the year 2022. Which increased scale and other operational synergies that would further strengthen its overall operating profile.
- Established Track Record Of Operations
- The company has been involved in the manufacturing and trading of steel tubes and galvanized iron pipes for more than four decades now. The long track record of the company in the black steel pipes and galvanised pipes industry has facilitated a strong market presence which supported a healthy expansion of its operations over the last few years.
| Year | Rama Steel Share Price Target 2040 |
| 1st Price Target | ₹100.29 |
| 2nd Price Target | ₹109.85 |
Risk Factors
- There are many competitors in the domestic and international markets. So it’s difficult to maintain the company’s profit growth.
- The company’s products depend on various sectors like infrastructure, automotive, construction, etc which may affect the company’s profit growth.
Also Read – Hindalco Share Price Target
Rama Steel Limited mainly has four shareholding patterns such as promoter holding, public holding, DII, and FII. We can majorly influence the company’s growth depending on the shareholding pattern.
| Investor Type | Percentage |
| Promoter Holding (Owned by the company’s promoter) | 51.90% |
| Public Holding (Held by the public) | 46.10% |
| FII (Invest by Foreign Institutional Investor) | 2.00% |
| DII (Invest money by Domestic Institutional Investor) | 0% |
Peer’s Company Of Rama Steel Limited
| Company Name | Market Cap (Crore) |
| JSW Steel Limited | ₹2,25,848.29 |
| Tata Steel Limited | ₹1,65,346.65 |
| Jindal Steel & Power Limited | ₹95,241.53 |
| Jindal Stainless Limited | ₹51,585.46 |
| Tube Investments Of India Limited | ₹66,540.59 |
Positive Sides
- In the last 3 years, the company had a good revenue growth which was 35.20%.
- The last 3 years profit growth of the company was good which was 62.15%.
- The company has an efficient cash conversation cycle of 60.96 days.
- The company has a healthy liquidity position with a current ratio of 2.00.
- In the last 3 years ROCE Percentage of the company was very good which was 11.96%.
- In the last 3 years, Sales Growth of the company was 34.95%.
Negative Sides
- The has a negative flow from the operation of -7.25.
- The company has a trading high PE ratio of 107.66.
- The company is trading a high EBITDA of 48.96.
For the last few years, Rama Steel Share increased rapidly. Rama Steel Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
- The last 6 month’s share growth was +2.64 (25.93%).
- The last 1 month’s share growth was +0.58 (4.74%).
- The last 1 year’s share growth was -2.38 (-15.66%).
- The last 5 year’s share growth was +12.16 (1,842.42%).
- The maximum share growth was +11.82 (1,182.00%).
- Rama Steel share price return percentage was 4.76% in the last 1 month.
- The last 3 month’s share price return percentage was -1.23%.
- The last 1 year’s share price return percentage was -19.41%.
- The last 3 year’s share price return percentage was 152.4%.
- The last 5 year’s share price return percentage was 2047.65%.
Rama Steel Share rate is not a good position but with the increasing value of the steel sector in India, Rama Steel Share will be rich in a good position in the coming future. It will be profitable for a long-term investment.
FAQ
Who is the owner of Rama Steel Tubes Limited?
Mr. Naresh Kumar Bansal is the owner of Rama Steel Tubes Limited.
Rama Steel Share Price Target for 2025 is ₹12.29 to ₹17.57.
Rama Steel Share Price Target for 2027 is ₹22.49 to ₹28.95.
Rama Steel Share Price Target for 2028 is ₹29.42 to ₹33.67.
Rama Steel Share Price Target for 2030 is ₹34.27 to ₹40.29.
Rama Steel Share Price Target for 2040 is ₹100.29 to ₹109.85.
Conclusion
This website was written to help investors gain some basic knowledge about Rama Steel Share’s market strategy. For making this blog we take consultation from expertise and doing research about the company. Rama Steel Share Price Target is expected to be a good choice to invest in long-term. The demand for steel pipes and tubes in India and outside of the country always increases as a result of the company and the share may increase rapidly.
We try to give an in-depth idea about the share. If you think it is helpful to you you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.
Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.
