Rama Steel Tubes Limited has informed the Exchange regarding change in Registered Office of the company.
RAMASTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rama Steel Tubes reported standalone FY2026 revenue of ₹954.33 crores, up 13.6% from ₹840.03 crores in FY2025, with PAT of ₹145.35 lakhs (up 3.8% YoY). However, consolidated PAT dropped significantly to ₹109.47 lakhs from ₹227.44 lakhs in the prior year (down 51.9%), mainly due to trading segment losses and higher finance costs. The company is relocating its registered office from Ghazipur to Swasthya Vihar in Delhi and corporate office to Noida, Uttar Pradesh, effective June 1, 2026. A wholly-owned dormant subsidiary, Rama Defence Private Limited, is being struck off (it had nil operations since incorporation). Mr. Sumit Sharma has been appointed as Internal Auditor for FY2026-27. Additionally, the Income Tax Department has issued a draft assessment order proposing to assess income at ₹71.96 crores versus returned income of ₹22.48 crores for AY2023-24, which the company is disputing.
The standalone revenue growth is positive but the sharp decline in consolidated profitability and the ₹49.48 crore tax assessment dispute are concerns for investors. The subsidiary strike-off and office relocation are routine administrative changes with no material impact on business.