RAMASTEEL2024-01-012024-03-31 RAMASTEEL2024-01-012024-03-31 RAMASTEEL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member RAMASTEEL2024-03-31 RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RAMASTEEL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member RAMASTEEL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member RAMASTEEL2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RAMASTEEL2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539309 RAMASTEEL NOTLISTED Rama Steel Tubes Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-22 INR Lakhs Yearly 16:00:00 20:00:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 2682691000.00 4167000.00 2686858000.00 2361146000.00 328637000.00 -244550000.00 29169000.00 28422000.00 14453000.00 73737000.00 2591014000.00 95844000.00 0.00 95844000.00 17603000.00 2778000.00 20381000.00 0.00 75463000.00 0.00 0.00 0.00 957000.00 76420000.00 -9620000.00 66800000.00 71255000.00 5165000.00 -6349000.00 -3271000.00 1544167000.00 1 0.12 0.12 0.00 0.00 0.12 0.12 * Basic Earnings per equity share has been reduced during the quarter and twelve months ended March 31, 2024 due to weighted No of shares increased from 23,12,04,805 on 31.03.2023 to 53,03,39,503 on 31.03.2024 ** Diluted Earnings per equity share calculated as per Ind- AS 33 during the quarter and twelve months ended March 31, 2024 considering additionally 80,27,882 share warrants to be converted into equity shares. Notes: 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. 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, 2024. 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. During the quarter, The Board of Directors of Rama Steel Tubes Limited ('Company') in its meeting held on January 24, 2024 have recommended for approval by shareholders, bonus issue of 2 (Two) equity shares of ` 1 each for every 1 (one) equity shares of ` 1 each held by shareholders of the Company as on the record date, subject to approval of the shareholders. Pursuant to the approval of the shareholders through postal ballot (including remote e-voting), the Company alloted 102,94,44,790/- bonus equity shares of ` 1 each as fully paid-up bonus equity shares, in the proportion of 2 (Two) equity shares of ` 1 each for every 1 (One) existing equity shares of ` 1 each to the equity shareholders of the Company. During the year, company has also issued bonus equity shares of 3,91,19,656 in the ratio of 4:1 reserved for share warrants holders. Consequently, the Company capitalised a sum of ` 106,85.64 Lakhs from 'other equity' (securities premium) to 'equity share capital'. During the quarter, the company has allotted 1,43,11,110 Equity Shares pursuant to conversion of warrants on March 22, 2024 along with the bonus shares reserved for the warrant holders in the ratio of 4:1 and 2:1 Rama Steel Tubes Limited ( the Company ) holds 50% stake (12,50,000 equity shares of face value of ` 10 each) in Hager Mega Mart Private Limited (“HMMPL”) the Board of Directors of the Company as on March 06, 2024 approved the sell entire stake of the Company held in HMMPL.The Company sold the stake to Mr. Vikas Gupta (sale of 3,10,000 Equity Shares at ` 64 each) and Mr. Luv Gupta (sale of 5,00,000 Equity Shares at ` 64 each.) and balance share 4,40,000 shares i.e. 17.60% stake shall be diluted in due course of time. After completion of above disinvestment, HMMPL has stand ceased to be Associate of the Company w.e.f March 06, 2024. Figures for the previous periods / year have been regrouped/recast wherever necessary, to confirm to the current period's classification. The figures for the quarters ended March 31, 2024 and March 31, 2023 are the balancing figures between audited figures in respect to full financial years and the published unaudited year to date figures upto the year end of the third quarter of the relevant financial year, which were subject to limited review. The Consolidated Financial Results for the Quarter and Year ended March 31, 2024 are available on the website of the Company (www.ramasteel.com) and on Stock Exchanges website (www.bseindia.com and www.nseindia.com). Multi segment 2023-04-01 2024-03-31 Audited Consolidated 10465095000.00 43200000.00 10508295000.00 8444067000.00 1075993000.00 -33801000.00 126237000.00 212459000.00 56443000.00 258959000.00 10140357000.00 367938000.00 0.00 367938000.00 79367000.00 -4040000.00 75327000.00 0.00 292611000.00 0.00 0.00 0.00 7355000.00 299966000.00 -33289000.00 266677000.00 291284000.00 8682000.00 -28184000.00 -5104000.00 1544167000.00 1 0.00 0.50 0.49 0.00 0.00 0.50 0.49 Other Expenses 73737000.00 Other Expenses 258959000.00 119364000.00 754618000.00 9627000.00 37529000.00 280475000.00 24087000.00 0.00 0.00 0.00 64509000.00 0.00 68513000.00 18821000.00 151843000.00 13208000.00 72266000.00 1343653000.00 1316502000.00 0.00 2165737000.00 174055000.00 0.00 0.00 591000.00 2340383000.00 0.00 2343092000.00 5999977000.00 0.00 0.00 7343630000.00 1544167000.00 1807297000.00 3351464000.00 3470828000.00 273195000.00 0.00 12238000.00 285433000.00 8253000.00 0.00 0.00 0.00 293686000.00 1170304000.00 2289624000.00 0.00 3459928000.00 83713000.00 3520000.00 31955000.00 0.00 3579116000.00 0.00 0.00 3872802000.00 7343630000.00 Manufacturing- Steel Pipes 2056698000.00 Trading- Building Material & Steel Products 625993000.00 Unallocated Segment 0.00 Manufacturing- Steel Pipes 7836123000.00 Trading- Building Material & Steel Products 2628972000.00 Unallocated Segment 0.00 2682691000.00 10465095000.00 0.00 0.00 2682691000.00 10465095000.00 Manufacturing- Steel Pipes 64941000.00 Trading- Building Material & Steel Products 56115000.00 Unallocated Segment 0.00 Manufacturing- Steel Pipes 387500000.00 Trading- Building Material & Steel Products 157050000.00 Unallocated Segment 0.00 121056000.00 544550000.00 28422000.00 212459000.00 -4167000.00 -43200000.00 96801000.00 375291000.00 Manufacturing- Steel Pipes 4144553000.00 Trading- Building Material & Steel Products 3099077000.00 Unallocated Segment 0.00 7243630000.00 0.00 7243630000.00 Manufacturing- Steel Pipes 1747986000.00 Trading- Building Material & Steel Products 2244180000.00 Unallocated Segment 0.00 3992166000.00 0.00 3992166000.00 212459000.00 654147000.00 160600000.00 0.00 0.00 -1189855000.00 0.00 0.00 0.00 130690000.00 0.00 -38325000.00 0.00 56443000.00 0.00 0.00 0.00 0.00 0.00 -29549000.00 0.00 5338000.00 0.00 1279000.00 0.00 0.00 -8382000.00 0.00 0.00 -55831000.00 312107000.00 0.00 0.00 0.00 131174000.00 0.00 180933000.00 66258000.00 0.00 0.00 0.00 0.00 0.00 7355000.00 0.00 48207000.00 125488000.00 0.00 28000.00 0.00 0.00 0.00 0.00 0.00 19000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5338000.00 0.00 -9399000.00 0.00 -7776000.00 0.00 0.00 781628000.00 -227032000.00 0.00 0.00 0.00 0.00 0.00 484334000.00 0.00 0.00 0.00 212459000.00 0.00 16982000.00 -125215000.00 47942000.00 0.00 47942000.00 126112000.00 174054000.00 Remeasurement of the Defined Benefit Plans to Employees -28000.00 Net Change in fair values of investment in equity shares carried at fair value through OCI 315000.00 Remeasurement of the Defined Benefit Plans to Employees 114000.00 Net Change in fair values of investment in equity shares carried at fair value through OCI 1279000.00 287000.00 1393000.00 -7000.00 29000.00 Exchange Difference on translation of Foreign Operations -9914000.00 Exchange Difference on translation of Foreign Operations -34653000.00 -9914000.00 -34653000.00 0.00 0.00