Incorporated in 1974 by Sh. H.L. Bansal, Rama Steel Tubes Limited (RSTL) is one of the leading manufacturers of Steel Pipes & Tubes, Rigid PVC & G.I. Pipes, and square section products in India. The company started its first manufacturing unit at Sahibabad in 1981 and has since become one of the most trusted and established names in the Indian steel tube and pipe market.
As a pioneer and leader in the steel tubes industry, Rama is at the forefront of technology and research, constantly innovating to meet the rapidly changing market demands and provide the best value to consumers. The company has built a strong reputation over nearly five decades of operations and continues to be a family-owned and operated business that prioritizes quality and customer satisfaction.
Rama Steel Tubes Limited currently has a market capitalization of ₹1,867 crore. The company shows a consistent growth trajectory, with its median sales growth recorded at 25.7% over the last 10 years. The company has also demonstrated improved financial health by reducing its debt, though it has a low return on equity of 9.46% over the last 3 years. Earnings include an other income of Rs.17.4 crore.
The company employs 72 total employees across all its locations and generates $64.54 million in sales (USD). Its consistent growth and reduced debt levels indicate improving operational efficiency.
• Market Capitalization: ₹1,867 Crore
• Median Sales Growth (last 10 years): 25.7%
• Return on Equity (last 3 years): 9.46%
• Other Income: Rs.17.4 Cr
The company's manufacturing facilities are located at Sahibabad, District Ghaziabad in Uttar Pradesh, and Khopoli, District Raigarh in Maharashtra. The Sahibabad plant is 10 kilometers from New Delhi, while the Khopoli plant, near Navi Mumbai, was established to improve profitability and enter the western region. The Khopoli plant initially had an installed capacity of 36,000 metric tonnes per annum, which was doubled to 72,000 metric tonnes per annum in July 2016.
Rama Steel Tubes constantly invests in the latest advances in technology and boasts a sophisticated manufacturing facility. The Rama Group utilizes world's latest technology plant and machinery, including sophisticated testing equipment. To meet market demand, the company has installed a modern high-speed Tube Mill based on technology from M/s Kusakabe of Japan.
Rama Steel Tubes Limited is an India-based company engaged in the manufacturing and trading of steel pipes and related products. It manufactures and exports electric resistance weld (ERW) steel tubes (black and galvanized). The company offers a diverse range of products including:
* ERW galvanized steel pipes and tubes
* Mild steel ERW black steel pipes and tubes
* Scaffolding pipes and tubes
* Casing swaged poles
* Structural steel products and hollow sections
Its product range includes MS ERW black pipes from 15mm to 200mm diameter (conforming to IS: 1239, IS:1161, IS:3589, IS:3601, & IS:4270) and G.I. Pipes from 15mm to 150mm NB in light, medium, and heavy sizes. Key product names include scaffold, glaze, light poles, galvanic agro, classic fire-fix, galvanic enviro, casing, and structural hollow section.
With an impressive 20% export rate, Rama Steel Tubes Limited has a significant global presence. Its prime export markets include:
* United Kingdom
* UAE
* Sri Lanka
* Ethiopia
* Kenya
* Uganda
* Ghana
* Kuwait
* Republic of Congo
* Yemen
* Guyana
* Germany
* USA
* South Africa
* Zambia
* Malta
This international presence underscores the company's ability to compete in global markets and meet international quality standards. A diversified geographical presence helps reduce dependency on domestic market conditions and provides stability to the revenue base.
The company is actively pursuing growth opportunities, particularly in the renewable energy sector. It plans to utilize Rs.177.30 crore from issue proceeds to acquire a renewable energy company within one year, with the acquisition expected to involve both cash and share swaps. This move indicates a strategic vision to diversify beyond traditional steel tube manufacturing while maintaining its core business strength.
In early FY18, Rama Steel Tubes Limited installed a solar project with a capacity of 750 KWp. This solar project is designed to generate 1100 MWh per year of energy, which is equivalent to the energy required to power both its installed and new upcoming capacities. This initiative not only leads to cost and energy savings but also significantly contributes to environmental protection. The estimated reduction in carbon footprint is 1120 MT per annum, achieved by reducing carbon dioxide emissions into the atmosphere.
Key corporate developments include:
* Plan to acquire a renewable energy company within one year using Rs.177.30 Cr issue proceeds.
* Update on EGM corrigendum confirming the Rs 177.3 Cr acquisition in renewable energy via cash and share swap.
* Executive Director Vinod Pal Singh Rawat's resignation effective June 30, 2025, citing personal reasons.
Rama Steel Tubes Limited represents a strong player in India's steel pipes and tubes sector, backed by robust manufacturing capabilities, a diversified product portfolio, an expanding global footprint, and strategic initiatives aimed at future growth and sustainability.
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