Rama Steel Tubes profit increased 52.64% in (Q4) FY 2019-20

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Team Infinities:

Rama Steel Tubes Limited NSE Symbol:RAMASTEEL, BSE Security Code:539309 has declared its 4th(fourth) quarter audited Consolidated financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
854.12 880.98 1368.44 3564.60 5067.87
Calculated Revenue of Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
26.86 3.05%(Revenue Decrease) 514.32 37.58%(Revenue Decrease) 1503.27 29.66%(Revenue Decrease)

Revenue: Rama Steel Tubes Limited's financial report shows that the company's revenue decreased by 3.05% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.26.86 millions, as the company posted revenue of Rs.854.12 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.880.98 millions.
The result also shows that the company's revenue decreased by 37.58% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.514.32 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.1368.44 millions
The company also reported that its revenue decreased by 29.66% in 12 months end(April, 2019 - March, 2020) for revenue decrease of Rs.1503.27 millions, since the company reported revenue of Rs.3564.60 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.5067.87 millions.

Gross Margin(%) Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
2.36 10.10 3.40 4.02 5.63
Calculated Gross Margin(%) of Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
7.75 76.67%(GM Decrease) 1.04 30.60%(GM Decrease) 1.61 28.60%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 76.67% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 7.75% GM decrease, as the company reported 2.36% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 10.10% GM.
The result also indicates, the company's GM decreased by 30.60% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 1.04% GM decrease; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 3.40% GM.
The company also reported that its GM decreased by 28.60% in 12 months end(April, 2019 - March, 2020) for 1.61% GM decrease, since the company reported 4.02% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 5.63% GM.

EBITDA Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
54.27 36.67 58.31 153.82 215.30
Calculated EBITDA of Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
17.60 48.00%(EBITDA Increase) 4.04 6.93%(EBITDA Decrease) 61.48 28.56%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 48.00% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA increase of Rs.17.60 millions, as the company posted EBITDA of Rs.54.27 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EBITDA of Rs.36.67 millions.
The result also shows that the company's EBITDA decreased by 6.93% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.4.04 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EBITDA of Rs.58.31 millions
The company also reported that its EBITDA decreased by 28.56% in 12 months end(April, 2019 - March, 2020) for EBITDA decrease of Rs.61.48 millions, since the company reported EBITDA of Rs.153.82 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EBITDA of Rs.215.30 millions.

Profit and Loss Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
6.06(Profit ) 3.97(Profit ) 24.54(Profit ) 11.63(Profit ) 83.72(Profit )
Calculated Profit and Loss of Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
2.09 52.64%(Profit Increase) 18.48 75.31%(Profit Decrease) 72.09 86.11%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 52.64% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for profit increase of Rs.2.09 millions, as the company posted profit of Rs.6.06 millions; in compare to previous quarter(October, 2019 - December, 2019) when the company reported profit of Rs.3.97 millions.
The result also shows that the company's profit decreased by 75.31% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for profit decrease of Rs.18.48 millions; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted profit of Rs.24.54 millions
The company also reported that its profit decreased by 86.11% in 12 months end(April, 2019 - March, 2020) for profit decrease of Rs.72.09 millions, since the company reported profit of Rs.11.63 millions; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted profit of Rs.83.72 millions.

EPS Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
0.41 0.33 1.46 0.93 4.99
Calculated EPS of Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
0.08 24.24%(EPS Increase) 1.05 71.92%(EPS Decrease) 4.06 81.36%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 24.24% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS increase of Rs.0.08, as the company posted EPS of Rs.0.41; in compare to previous quarter(October, 2019 - December, 2019) when the company reported EPS of Rs.0.33.
The result also shows that the company's EPS decreased by 71.92% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.1.05; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EPS of Rs.1.46
The company also reported that its EPS decreased by 81.36% in 12 months end(April, 2019 - March, 2020) for EPS decrease of Rs.4.06, since the company reported EPS of Rs.0.93; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EPS of Rs.4.99.

Assets Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 645.01 525.53 1737.64 1479.17
  Change Change % Change Change %
Calculated 119.48 22.74%(Assets Increase) 258.47 17.47%(Assets Increase)

Assets:The company reported its non-current assets increased by 22.74% in current year end(March, 2020) for non-current assets increase of Rs.119.48 millions, since the company reported net non-current assets of Rs.645.01 millions; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.525.53 millions.
The balance sheet of the company also shows that, its current assets increased by 17.47% in current year end(March, 2020) for current assets increase of Rs.258.47 millions, as the company reported net current assets of Rs.1737.64 millions; against previous year end(March, 2019) when the company reported net current assets of Rs.1479.17 millions.

Liabilities Reported by Rama Steel Tubes Limited for Fourth Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Quarter(March, 2020) Previous Year End(March, 2019) Current Quarter(March, 2020) Previous Year End(March, 2019)
Reported 205.03 218.70 1291.98 915.91
  Change Change % Change Change %
Calculated 13.67 6.25%(Liabilities Decrease) 376.07 41.06%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities decreased by 6.25% in current year end(March, 2020) for non-current liabilities decrease of Rs.13.67 millions, since the company reported net non-current liabilities of Rs.205.03 millions; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.218.70 millions.
The balance sheet of the company also shows that, its current liabilities increased by 41.06% in current year end(March, 2020) for current liabilities increase of Rs.376.07 millions, as the company reported net current liabilities of Rs.1291.98 millions; against previous year end(March, 2019) when the company reported net current liabilities of Rs.915.91 millions.

 


***All amounts are given in Million Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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