Rama Steel Tubes Approves FY26 Results, Announces Office Relocation, and Appoints New Internal Auditor

Rama Steel Tubes Approves FY26 Results, Announces Office Relocation, and Appoints New Internal Auditor​

Rama Steel Tubes Limited announced the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also confirmed a change in its registered and corporate office addresses and appointed a new internal auditor for the 2026-27 financial year.

The Board of Directors of Rama Steel Tubes Limited convened a meeting on May 30, 2026, and considered and approved several material operational and financial updates.

Financial Performance Review​

The company released its audited financial results for the year ended March 31, 2026, alongside the statutory auditor's report. The statutory auditor, Mis Rawat & Associates, issued audit reports with an unmodified opinion on the financial results.

The key consolidated financial results for the year ended March 31, 2026, and the quarter ended March 31, 2026, are summarized below:

Consolidated Financial Results Comparison (₹ in Lakhs)

Operational and Structural Changes​

The Board approved several structural changes affecting the company's governance and physical operations.

1. Office Relocation:
The company announced a change in its registered office and corporate office locations, effective June 01, 2026.

• Registered Office: Changing from "B-5, 3rd Floor, Main Road, Ghazipur, New Delhi-110096" to "Office no. 1 & 2, A-IS, 3rd Floor, Swasthya Vihar, New Delhi 110092".
• Corporate Office: Changing from "B-5, 3rd Floor, Main Road, Ghazipur, New Delhi-110096" to "A-98, Sector 136, Noida, Uttar Pradesh- 201301".

2. Appointment of Internal Auditor:
Based on the recommendation of the Audit Committee, the Board approved the appointment of Mr. Sumit Sharma as the Internal Auditor of the Company for the financial year 2026-27. Annexure data noted Mr. Sharma has over 6 years of experience in Accounting and Internal Auditing.

3. Subsidiary Status Change:
The Board granted approval for the striking-off of Rama Defence Private Limited, a wholly owned subsidiary. The company noted that the subsidiary had not commenced any business or conducted any operations since its date of incorporation, and the strike-off will not affect the revenue or business of the parent company.

Shareholding and Associate Status Updates​

The company reported a reduction in its stake in Bigwin Buildsys Coated Private Limited. The company previously held 24.80% of the equity share capital, but following a preferential issue by the associate, the holding has been reduced to 9.32% of the equity share capital. Consequently, Bigwin Buildsys Coated Private Limited no longer qualifies as an Associate Company of Rama Steel Tubes Limited.

Standalone Financial Details​

The standalone results for the year ended March 31, 2026, indicate a total income of ₹97,486.78 Lakhs, against total expenses of ₹95,544.30 Lakhs. The company recorded a Profit before Tax of ₹1,942.49 Lakhs and a Profit for the period after tax of ₹1,453.49 Lakhs.

The consolidated financials showed significant contributions from the Manufacturing (Steel Pipe) and Trading (Building Material & Steel Products) segments.

Segment Contribution (Year Ended 31-Mar-26)


The company also provided detailed statements of assets and liabilities, showing the total assets stood at 89,041.18 (₹Lakhs) as of March 31, 2026.

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Disclaimer: This article is based exclusively on the financial and operational data provided in the source material.

RAMASTEEL Stock Price Movement​

On Friday, Rama Steel Tubes Limited shares edged higher to close at ₹5.5, gaining 0.73% from previous levels. The stock saw significant interest, with trading volume reaching 5.52 million shares during the session.