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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
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-May-2025   16:00:00
End date and time of board meeting 30-May-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
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2931967000 10480522000
Other income 12430000 167724000
Total income 2944397000 10648246000
2 Expenses
(a) Cost of materials consumed 2122552000 7841190000
(b) Purchases of stock-in-trade 538156000 2111977000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 33511000 -133377000
(d) Employee benefit expense 20278000 90761000
(e) Finance costs 29055000 116696000
(f) Depreciation, depletion and amortisation expense 13654000 58593000
(f) Other Expenses
1 Other expenses 96928000 279765000
Total other expenses 96928000 279765000
Total expenses 2854134000 10365605000
3 Total profit before exceptional items and tax 90263000 282641000
4 Exceptional items 0 0
5 Total profit before tax 90263000 282641000
6 Tax expense
7 Current tax 26266000 56846000
8 Deferred tax 646000 4294000
9 Total tax expenses 26912000 61140000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 63351000 221501000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 3441000 5939000
16 Total profit (loss) for period 66792000 227440000
17 Other comprehensive income net of taxes 838000 11351000
18 Total Comprehensive Income for the period 67630000 238791000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 68447000 227550000
Total profit or loss, attributable to non-controlling interests -1655000 -111000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 69233000 239155000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -1603000 -364000
21 Details of equity share capital
Paid-up equity share capital 1554231000 1554231000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 2088785000
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 0.04 0.15
Diluted earnings (loss) per share from discontinued operations 0.04 0.15
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.08 0.3
Diluted earnings (loss) per share from continuing and discontinued operations 0.08 0.3
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: n n1. 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. n n2. 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
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 699833000
Capital work-in-progress 101838000
Investment property 36057000
Goodwill 280475000
Other intangible assets 189000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 46985000
Trade receivables, non-current 0
Loans, non-current 117236000
Other non-current financial assets 14715000
Total non-current financial assets 178936000
Deferred tax assets (net) 9939000
Other non-current assets 13142000
Total non-current assets 1320409000
2 Current assets
Inventories 1274152000
Current financial asset
Current investments 0
Trade receivables, current 2432661000
Cash and cash equivalents 55014000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 347000
Total current financial assets 2488022000
Current tax assets (net) 0
Other current assets 2497156000
Total current assets 6259330000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 7579739000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1554231000
Other equity 2088785000
Total equity attributable to owners of parent 3643016000
Non controlling interest 88658000
Total equity 3731674000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 68777000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 2261000
Total non-current financial liabilities 71038000
Provisions, non-current 9331000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 7162000
Total non-current liabilities 87531000
Current liabilities
Current financial liabilities
Borrowings, current 810202000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 47776000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2813858000
Total Trade payable 2861634000
Other current financial liabilities 5712000
Total current financial liabilities 3677548000
Other current liabilities 48891000
Provisions, current 3421000
Current tax liabilities (Net) 30674000
Deferred government grants, Current 0
Total current liabilities 3760534000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3848065000
Total equity and liabilites 7579739000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited 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 28086026000 7475222000
2 Trading- Building Material & Steel Products 845942000 3005300000
Total Segment Revenue 28931968000 10480522000
Less: Inter segment revenue 0 0
Revenue from operations 28931968000 10480522000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing- Steel Pipes 82164000 112403000
2 Trading- Building Material & Steel Products 28166000 125148000
Total Profit before tax 110330000 237551000
i. Finance cost 29055000 29055000
ii. Other Unallocable Expenditure net off Unallocable income -12430000 -12430000
Profit before tax 93705000 288579000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing- Steel Pipes 3926902000 3926902000
2 Trading- Building Material & Steel Products 3652837000 3652837000
Total Segment Asset 7579739000 7579739000
Un-allocable Assets 0 0
Net Segment Asset 7579739000 7579739000
4 Segment Liabilities
Segment Liabilities
1 Manufacturing- Steel Pipes 1525770000 1525770000
2 Trading- Building Material & Steel Products 2410953000 2410953000
Total Segment Liabilities 3936723000 3936723000
Un-allocable Liabilities 0 0
Net Segment Liabilities 3936723000 3936723000
Disclosure of notes on segments



Other Comprehensive Income
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited 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 305000 427000
2 Net change in fair value of investment in equity shares carried at fair value through OCI 0 1462000
Total Amount of items that will not be reclassified to profit and loss 305000 1889000
2 Income tax relating to items that will not be reclassified to profit or loss 77000 108000
3 Amount of items that will be reclassified to profit and loss
1 Exchange Difference on translation of Foreign Operations 610000 9570000
Total Amount of items that will be reclassified to profit and loss 610000 9570000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 838000 11351000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 282641000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 116696000
Adjustments for decrease (increase) in inventories 42350000
Adjustments for decrease (increase) in trade receivables, current -270744000
Adjustments for decrease (increase) in trade receivables, non-current -127376000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 579532000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -42683000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 0
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 297775000
Net cash flows from (used in) operations 580416000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 569497000
Other inflows (outflows) of cash -75450000
Net cash flows from (used in) operating activities -64531000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities -45010000
Other cash receipts from sales of interests in joint ventures 64508000
Other cash payments to acquire interests in joint ventures -1974000
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 129854000
Purchase of property, plant and equipment -139002000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets -30000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 1681000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 16009000
Net cash flows from (used in) investing activities 398068000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 75479000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings -564520000
Payments of lease liabilities 0
Dividends paid 0
Interest paid -116696000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -18870000
Net cash flows from (used in) financing activities 737825000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1071362000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 1071362000
Cash and cash equivalents cash flow statement at beginning of period 174054000
Cash and cash equivalents cash flow statement at end of period 1245416000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
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-Oct-2027