Rama Steel Tubes (NSE:RAMASTEEL) Scaled Net Operating Assets: N/A (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 Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rama Steel Tubes's operating assets for the quarter that ended in Mar. 2026 was ₹8,850 Mil. Rama Steel Tubes's operating liabilities for the quarter that ended in Mar. 2026 was ₹2,779 Mil. Rama Steel Tubes's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Rama Steel Tubes's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


Rama Steel Tubes Scaled Net Operating Assets Historical Data

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The historical data trend for Rama Steel Tubes's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Rama Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.25 0.69 0.63 0.80

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
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:RAMASTEEL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Rama Steel Tubes's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's Scaled Net Operating Assets falls into.


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

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Rama Steel Tubes's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(8850.028-2779.417)/7579.739
=0.80

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8904.119 - 54.091
=8850.028

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4076.467 - 513.084 - 783.966
=2779.417

Rama Steel Tubes's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(8850.028-2779.417)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8904.119 - 54.091
=8850.028

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4076.467 - 513.084 - 783.966
=2779.417

* 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.

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:

  • Scaled Net Operating Assets: N/A
  • 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

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

₹4.64
Price
₹6.28
GF Value