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Commentary (9 May 2024 @ 04:27):

Rama Steel Tubes Limited manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally...

Stats
Today's Volume	4.04M
Average Volume	24.64M
Market Cap	18.20B
EPS	INR0 ( 2024-02-14 )
Next earnings date	( INR0 ) 2024-05-28
Last Dividend	INR0.0200 ( 2022-02-24 )
Next Dividend	INR0 ( N/A )
P/E	-68.33
ATR14	INR0.0340 (0.28%)

Volume Correlation

Long: 0.18 (neutral)

Short: -0.55 (weak negative)

Signal:(45.56) Neutral

Rama Steel Tubes Limited Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Rama Steel Tubes Limited Correlation - Currency/Commodity

-0.30
( neutral )

-0.16
( neutral )

0.00
( neutral )

0.25
( neutral )

-0.65
( weak negative )

-0.13
( neutral )

Rama Steel Tubes Limited Financials

Annual	2022
Revenue:	INR13.37B
Gross Profit:	INR928.11M (6.94 %)
EPS:	INR0.380

FY	2022
Revenue:	INR13.37B
Gross Profit:	INR928.11M (6.94 %)
EPS:	INR0.380

FY	2022
Revenue:	INR7.60B
Gross Profit:	INR679.69M (8.95 %)
EPS:	INR0.650

FY	2021
Revenue:	INR4.68B
Gross Profit:	INR361.95M (7.74 %)
EPS:	INR7.37

Financial Reports:

No articles found.

Rama Steel Tubes Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Rama Steel Tubes Limited Dividend Information - No Dividend Player

Dividend Sustainability Score: 2.01 - low (50.00%) | Divividend Growth Potential Score: 4.20 - Potential for dividend initiation, but uncertain (16.01%)

Information

First Dividend	INR0.0200	2022-02-24
Last Dividend	INR0.0200	2022-02-24
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	1	--
Total Paid Out	INR0.0200	--
Avg. Dividend % Per Year	0.02%	--
Score	0.95	--
Div. Sustainability Score	2.01
Div.Growth Potential Score	4.20
Div. Directional Score	3.10	--

Next Divdend (Est)
(2024-05-09)

INR0 Estimate 0.00 %

Dividend Stability

0.04 Very Bad

Dividend Score

0.95

Pay Frequency

Insufficient data to determine frequency

Yearly Payout

Year	Amount	Yield
2022	INR0.0200	0.14%
2023	INR0	0.00%
2024	INR0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
RALLIS.NS	Dividend Junior	2023-05-30	Annually	23	0.94%
KIRLOSIND.NS	Dividend Junior	2023-08-03	Annually	17	0.72%
ENDURANCE.NS	Dividend Junior	2023-08-10	Annually	8	0.30%
ALBERTDAVD.NS	Dividend Junior	2023-08-02	Annually	8	1.24%
SUTLEJTEX.NS	Dividend Junior	2023-08-18	Annually	18	1.03%
NCLIND.NS	Dividend Junior	2023-09-15	Semi-Annually	18	1.25%
ICEMAKE.NS	No Dividend Player	2023-09-14	Annually	7	0.81%
CDSL.NS	Dividend Knight	2023-08-25	Annually	7	0.92%
RUBYMILLS.NS	Dividend Junior	2023-09-20	Annually	23	0.96%
LIKHITHA.NS	Dividend Junior	2023-09-20	Annually	4	0.46%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0271	1.500	9.46	10.00	[0 - 0.5]
returnOnAssetsTTM	0	1.200	0	0	[0 - 0.3]
returnOnEquityTTM	0.111	1.500	9.87	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0	-1.500	0	0	[0 - 0.6]
interestCoverageTTM	2.69	1.000	-0.114	-0.114	[3 - 30]
operatingCashFlowPerShareTTM	0.0739	2.00	9.98	10.00	[0 - 30]
freeCashFlowPerShareTTM	0.0739	2.00	9.96	10.00	[0 - 20]
debtEquityRatioTTM	0	-1.500	0	0	[0 - 2.5]
grossProfitMarginTTM	0.0955	1.000	-1.742	-1.742	[0.2 - 0.8]
operatingProfitMarginTTM	0.0572	1.000	-0.856	-0.856	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0	1.000	-1.111	-1.111	[0.2 - 2]
assetTurnoverTTM	0	0.800	-3.33	-2.67	[0.5 - 2]
Total Score				2.01

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	57.79	1.000	4.26	0	[1 - 100]
returnOnEquityTTM	0.111	2.50	9.92	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	0.0739	2.00	9.98	10.00	[0 - 30]
dividendYielPercentageTTM	0	1.500	0	0	[0 - 0.4]
operatingCashFlowPerShareTTM	0.0739	2.00	9.98	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	0.795	1.500	8.04	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.00926	1.000	-2.27	0	[0.1 - 0.5]
Total Score				4.20

Rama Steel Tubes Limited

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.