Rama Steel Tubes Ltd

 Rama Steel Tubes announced a strategic investment in the renewable energy space through its participation as a Joint Venture (JV) partner in a 225 MW solar power project under the Government of India's ambitious PM-KUSUM scheme. The project, structured under Onix IPP, a Special Purpose Vehicle (SPV), is spread across multiple locations in Maharashtra. It has successfully signed Power Purchase Agreements (PPAs) with the Maharashtra State Electricity Distribution Company (MSEDCL) at a fixed tariff of Rs 3.10 per unit for a 25-year term. This move marks Rama Steel Tubes' entry into the fast-growing renewable energy sector, reinforcing its commitment to Environmental, Social and Governance (ESG) goals, and creating long-term value for shareholders. Powered by Capital Market - Live

The project, developed by Onix IPP, a Special Purpose Vehicle (SPV), is spread across multiple locations in Maharashtra and has signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company (MSEDCL). These PPAs guarantee a fixed tariff of Rs 3.10 per unit for 25 years, ensuring stable and predictable revenue streams. Financially, the project is estimated to generate gross annual revenue of Rs 108.11 crore, with Rama Steel's share amounting to approximately Rs 10.81 crore per year. Over the 25-year PPA term, the company expects total revenues of around Rs 270.28 crore from this investment. This initiative aligns with the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan) scheme, which aims to promote solar energy generation on barren and government-owned lands, fostering rural development, energy infrastructure, and local economic empowerment. Richi Bansal, whole time director & chief executive officer, Rama Steel Tubes, said, Our investment in the 225 MW PM-KUSUM project not only strengthens our ESG profile but also diversifies our revenue base. Rama Steel Tubes has been a pioneer in India's steel tube manufacturing sector, offering a wide range of products including pre-galvanized, structural, and hollow sections. On a consolidated basis, the company's net profit declined 4.07% to Rs 6.84 crore while net sales rose 9.29% to Rs 293.20 crore in Q4 March 2025 over Q4 March 2024. Powered by Capital Market - Live

Net profit of Rama Steel Tubes declined 4.07% to Rs 6.84 crore in the quarter ended March 2025 as against Rs 7.13 crore during the previous quarter ended March 2024. Sales rose 9.29% to Rs 293.20 crore in the quarter ended March 2025 as against Rs 268.27 crore during the previous quarter ended March 2024. For the full year,net profit declined 21.87% to Rs 22.76 crore in the year ended March 2025 as against Rs 29.13 crore during the previous year ended March 2024. Sales rose 0.15% to Rs 1048.05 crore in the year ended March 2025 as against Rs 1046.51 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales293.20268.27 9 1048.051046.51 0 OPM %4.115.02 -2.775.67 - PBDT10.7411.13 -4 34.7243.17 -20 PBT9.379.68 -3 28.8637.53 -23 NP6.847.13 -4 22.7629.13 -22 Powered by Capital Market - Live

Net profit of Rama Steel Tubes declined 39.09% to Rs 4.44 crore in the quarter ended March 2025 as against Rs 7.29 crore during the previous quarter ended March 2024. Sales rose 14.30% to Rs 237.40 crore in the quarter ended March 2025 as against Rs 207.70 crore during the previous quarter ended March 2024. For the full year,net profit declined 38.33% to Rs 14.00 crore in the year ended March 2025 as against Rs 22.70 crore during the previous year ended March 2024. Sales rose 5.79% to Rs 840.03 crore in the year ended March 2025 as against Rs 794.07 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales237.40207.70 14 840.03794.07 6 OPM %3.173.99 -1.244.64 - PBDT8.1510.44 -22 23.7834.24 -31 PBT7.089.20 -23 19.1229.86 -36 NP4.447.29 -39 14.0022.70 -38 Powered by Capital Market - Live

Total expenses for the fourth quarter added up to Rs 285.41 crore, up 10.2% YoY. Profit before tax in Q4 FY25 stood at Rs 9.37 crore, down by 3.2% from Rs 9.68 crore posted in Q4 FY24. Tax outgo for the period under review was Rs 2.69 crore, up _ % YoY. For FY25, Rama Steel has reported a consolidated net profit of Rs 22.75 crore (down 21.9% YoY) and revenue from operations of Rs 1,048.05 crore (up 0.15% YoY). Rama Steel Tubes (RSTL) is a pioneer and leading manufacturer in the steel pipes & tubes and G.I. pipes in India. The scrip had advanced 3% to end at Rs 11.66 on the BSE on Friday. Powered by Capital Market - Live

Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 30 May 2025.Powered by Capital Market - Live

Rama Steel Tubes announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 June 2025.Powered by Capital Market - Live

Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 21 May 2025.Powered by Capital Market - Live

The Board of Rama Steel Tubes at its meeting held on 29 April 2025 has approved the allotment of 40,32,126 equity shares of the company of face value of Rs 1 each at a price of Rs 14, which includes a premium of Rs 13 per equity shares to Vinit Bharat Shah (non-promoter) on a preferential basis for consideration other than cash. Powered by Capital Market - Live

Rama Steel Tubes have announced its sales volume performance for 12MFY25 and Q4FY25. The Company registered a sales volume of 54,256.30 Ton in Q4FY25 compared to 51,669.01 Ton in Q3FY25 and 47,506.68 Ton in Q4FY24. In terms of % growth, the quarterly volume increased by 5% QoQ and 14% YoY. For 12MFY25, the company reported sales volume of 194,212.53 Ton compared to 178,644.50 Ton in 12MFY24, recording a growth of 9%. Powered by Capital Market - Live