Rama Steel Tubes (NSE:RAMASTEEL) EBIT: ₹299 Mil (TTM As of Mar. 2026)


NSE:RAMASTEEL Rama Steel Tubes Ltd NSE:RAMASTEEL
69 GF Score
Price ₹4.64
GF Value ₹6.28
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Rama Steel Tubes EBIT?

Rama Steel Tubes NSE:RAMASTEEL -2.32% 69 EBIT is ₹299 Mil as of Mar. 2026. GuruFocus rates NSE:RAMASTEEL with a GF Score™ of 69/100 and a GF Value™ of ₹6.28 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Rama Steel Tubes's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹299 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rama Steel Tubes's annualized ROC % for the quarter that ended in Mar. 2026 was 1.83%. Rama Steel Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rama Steel Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.37%.


Rama Steel Tubes  (NSE:RAMASTEEL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rama Steel Tubes's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=112.68 * ( 1 - 0% )/( (0 + 6162.259)/ 1 )
=112.68/6162.259
=1.83 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8904.119 - 2687.769 - ( 54.091 - max(0, 3552.527 - 6401.958+54.091))
=6162.259

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rama Steel Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=281.62/( ( (0 + max(0, 0)) + (807.301 + max(3579.306, 0)) )/ 1 )
=281.62/( ( 0 + 4386.607 )/ 1 )
=281.62/4386.607
=6.42 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3018.719 + 1311.168 + 2017.98) - (2687.769 + 0 + 80.792)
=3579.306

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rama Steel Tubes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=299.068/8887.248
=3.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rama Steel Tubes EBIT Related Terms


Rama Steel Tubes EBIT Historical Data

* Premium members only.

The historical data trend for Rama Steel Tubes's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rama Steel Tubes EBIT Chart

Rama Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 448.67 525.51 574.21 405.28 299.07

Rama Steel Tubes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.76 101.68 56.06 70.92 70.41

NSE:RAMASTEEL vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Rama Steel Tubes's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rama Steel Tubes EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's EV-to-EBIT falls into.


NSE:RAMASTEEL
69GF Score
Rama Steel Tubes Ltd NSE:RAMASTEEL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Rama Steel Tubes EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹299 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹299 Mil mean?
Rama Steel Tubes (NSE:RAMASTEEL) has a EBIT of ₹299 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rama Steel Tubes.
Is Rama Steel Tubes' EBIT too high?
Rama Steel Tubes' current EBIT is ₹299 Mil. Overall, Rama Steel Tubes has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rama Steel Tubes' EBIT compare to NUE and STLD?
Rama Steel Tubes' EBIT of ₹299 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rama Steel Tubes. Rama Steel Tubes's current EBIT is ₹299 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rama Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Rama Steel Tubes (NSE:RAMASTEEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6.28, compared to a current price of ₹4.64 — trading 26.1% below its estimated fair value. The current EBIT is ₹299 Mil. Rama Steel Tubes' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rama Steel Tubes (NSE:RAMASTEEL), the current EBIT is ₹299 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rama Steel Tubes (NSE:RAMASTEEL) Overvalued in 2026?

Based on GuruFocus' analysis, Rama Steel Tubes stock appears to be undervalued. The current stock price of ₹4.64 is trading 26.1% below its estimated GF Value™ of ₹6.28. GuruFocus considers Rama Steel Tubes to be Modestly Undervalued.

Key valuation signals for NSE:RAMASTEEL:

  • EBIT: ₹299 Mil
  • GF Value™: ₹6.28 vs. price of ₹4.64 (26.1% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the NSE:RAMASTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rama Steel Tubes Business Description

Other Exchanges 539309:India
Address Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096
Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow sections, square steel pipes, and square steel tubes. It also manufactures and exports hollow sections for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. Its segments include; Manufacturing of Steel Pipes which derives maximum revenue, and Trading of Building Material and Steel Products. Geographically, the company caters to both, the Indian and the international markets, and derives a majority of its revenue from its business in India.
69GF Score

Get the complete analysis for NSE:RAMASTEEL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.64
Price
₹6.28
GF Value