Integrated Filing — IndAS



General information about company

Scrip Code 539309
NSE Symbol RAMASTEEL
MSEI Symbol NOTLISTED
ISIN INE230R01035
Name of company RAMA STEEL TUBES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2024
Date of end of financial year 31-03-2025
Date of board meeting when results were approved 30-05-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-05-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-05-2025   16:00:00
End date and time of board meeting 30-05-2025   17:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2025 01-04-2024
B Date of end of reporting period 31-03-2025 31-03-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 29,319.67 1,04,805.22
Other income 124.30 1,677.24
Total income 29,443.97 1,06,482.46
2 Expenses
(a) Cost of materials consumed 21,225.52 78,411.90
(b) Purchases of stock-in-trade 5,381.56 21,119.77
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 335.11 (1,333.77)
(d) Employee benefit expense 202.78 907.61
(e) Finance costs 290.55 1,166.96
(f) Depreciation, depletion and amortisation expense 136.54 585.93
(f) Other Expenses
1 Other Expenses 969.28 2,797.65
Total other expenses 969.28 2,797.65
Total expenses 28,541.34 1,03,656.05
3 Total profit before exceptional items and tax 902.63 2,826.41
4 Exceptional items 0.00 0.00
5 Total profit before tax 902.63 2,826.41
6 Tax expense
7 Current tax 262.66 568.46
8 Deferred tax 6.46 42.94
9 Total tax expenses 269.12 611.40
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 633.51 2,215.01
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 34.41 59.39
16 Total profit (loss) for period 667.92 2,274.40
17 Other comprehensive income net of taxes 8.38 113.51
18 Total Comprehensive Income for the period 676.30 2,387.91
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 684.47 2,275.50
Total profit or loss, attributable to non-controlling interests (16.55) (1.11)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 692.33 2,391.55
Total comprehensive income for the period attributable to owners of parent non-controlling interests (16.03) (3.64)
21 Details of equity share capital
Paid-up equity share capital 15,542.31 15,542.31
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.04 0.15
Diluted earnings (loss) per share from continuing operations 0.04 0.15
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.04 0.15
Diluted earnings (loss) per share from continuing and discontinued operations 0.04 0.15
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. These consolidated financial results have been prepared in accordance with Indian Accounting Standards (lnd- AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment thereafter. 2. The above consolidated financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2025. Audit under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 has been carried out by the statutory auditors of the company. The auditors have expressed an unqualified report on the above results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2024
Date of end of reporting period 31-03-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 6,998.33
Capital work-in-progress 1,018.38
Investment property 360.57
Goodwill 2,804.75
Other intangible assets 1.89
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 469.85
Trade receivables, non-current 0.00
Loans, non-current 1,172.36
Other non-current financial assets
1 Other non-current financial assets 147.15
Total of other non-current financial assets 147.15
Total non-current financial assets 1,789.36
Deferred tax assets (net) 99.39
Other non-current assets
1 Other non-current assets 131.41
Total of other non-current assets 131.41
Total non-current assets 13,204.08
2 Current assets
Inventories 12,741.52
Current financial asset
Current investments 0.00
Trade receivables, current 24,326.61
Cash and cash equivalents 550.14
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 3.47
Total current financial assets 24,880.22
Current tax assets (net) 0.00
Other current assets
1 Other current assets 24,971.57
Total of other current assets 24,971.57
Total current assets 62,593.31
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 75,797.39
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 15,542.31
Other equity 20,887.85
Total equity attributable to owners of parent 36,430.16
Non controlling interest 886.58
Total equity 37,316.74
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 687.77
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 94.23
Total of other non-current financial liabilities 94.23
Total non-current financial liabilities 782.00
Provisions, non-current 93.31
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 875.31
Current liabilities
Current financial liabilities
Borrowings, current 8,102.02
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 477.76
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 28,138.58
Total Trade payable 28,616.34
Other current financial liabilities
1 Other current financial liabilities 77.44
Total of other current financial liabilities 77.44
Total current financial liabilities 36,795.80
Other current liabilities 468.59
1 Other current liabilities 468.59
Total of other current liabilities 468.59
Provisions, current 34.21
Current tax liabilities (Net) 306.74
Deferred government grants, Current 0.00
Total current liabilities 37,605.34
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 38,480.65
Total equity and liabilites 75,797.39
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2025 01-04-2024
Date of end of reporting period 31-03-2025 31-03-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufacturing- Steel Pipes 20,860.26 74,752.22
2 Trading- Building Material & Steel Products 8,459.42 30,053.00
Total Segment Revenue 29,319.68 1,04,805.22
Less: Inter segment revenue 0.00 0.00
Revenue from operations 29,319.68 1,04,805.22
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing- Steel Pipes 821.64 1,124.03
2 Trading- Building Material & Steel Products 281.66 1,251.48
Total Profit before tax 1,103.30 2,375.51
i. Finance cost 290.55 1,166.96
ii. Other Unallocable Expenditure net off Unallocable income (124.30) (1,677.24)
Profit before tax 937.05 2,885.79
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing- Steel Pipes 39,269.02 39,269.02
2 Trading- Building Material & Steel Products 36,528.37 36,528.37
Total Segment Asset 75,797.39 75,797.39
Un-allocable Assets 0.00 0.00
Net Segment Asset 75,797.39 75,797.39
4 Segment Liabilities
Segment Liabilities
1 Manufacturing- Steel Pipes 15,257.70 15,257.70
2 Trading- Building Material & Steel Products 24,109.53 24,109.53
Total Segment Liabilities 39,367.23 39,367.23
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 39,367.23 39,367.23
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2025 01-04-2024
B Date of end of reporting period 31-03-2025 31-03-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of the Defined Benefit Plans to Employees 3.05 4.27
2 Net change in fair values of investment in equity shares carried at fair value through OCI 0.00 14.62
Total Amount of items that will not be reclassified to profit and loss 3.05 18.89
2 Income tax relating to items that will not be reclassified to profit or loss 0.77 1.08
3 Amount of items that will be reclassified to profit and loss
1 Exchnage Difference on translation of Foreign Companies 6.10 95.70
Total Amount of items that will be reclassified to profit and loss 6.10 95.70
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 8.38 113.51



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2024
B Date of end of reporting period 31-03-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,826.41
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,166.96
Adjustments for decrease (increase) in inventories 423.50
Adjustments for decrease (increase) in trade receivables, current (2,707.44)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (1,273.76)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 5,795.32
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (426.83)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 585.92
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 98.23
Adjustments for dividend income 0.00
Adjustments for interest income 16.81
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 14.62
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 43.58
Other adjustments for non-cash items (834.73)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 2,868.56
Net cash flows from (used in) operations 5,694.97
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 592.60
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 5,102.37
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 450.10
Other cash receipts from sales of interests in joint ventures 645.08
Other cash payments to acquire interests in joint ventures 19.74
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 59.39
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 1,390.02
Proceeds from sales of investment property 1,298.54
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.30
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 16.81
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 100.71
Net cash flows from (used in) investing activities 260.37
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 754.79
Proceeds from issuing other equity instruments (188.70)
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 5,645.20
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 1,166.96
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (307.06)
Net cash flows from (used in) financing activities (6,553.13)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,190.39)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (1,190.39)
Cash and cash equivalents cash flow statement at beginning of period 1,740.53
Cash and cash equivalents cash flow statement at end of period 550.14





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Rawat & Associates Yes 31-10-2027