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SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
RATNAMANI logo

RATNAMANI - Ratnamani Metals & Tubes Ltd Share Price

Industrial Products
Sharesguru Stock Score

RATNAMANI

49/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹2255.20+1.40(+0.06%)
Market Closed as of Apr 2, 2026, 15:30 IST
Pros

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Profitability: Recent profitability of 12% is a good sign.

Smart Money: Smart money has been increasing their position in the stock.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -10.4% in last 30 days.

Past Returns: In past three years, the stock has provided 4.4% return compared to 9.3% by NIFTY 50.

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Sharesguru Stock Score

RATNAMANI

49/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap15.81 kCr
Price/Earnings (Trailing)27.2
Price/Sales (Trailing)3.03
EV/EBITDA16.24
Price/Free Cashflow78.32
MarketCap/EBT19.09
Enterprise Value16 kCr

Fundamentals

Revenue (TTM)5.22 kCr
Rev. Growth (Yr)-17.8%
Earnings (TTM)621.72 Cr
Earnings Growth (Yr)1.7%

Profitability

Operating Margin16%
EBT Margin16%
Return on Equity15.82%
Return on Assets12.49%
Free Cashflow Yield1.28%

Growth & Returns

Price Change 1W-2.7%
Price Change 1M-10.4%
Price Change 6M-6.6%
Price Change 1Y-13.9%
3Y Cumulative Return4.4%
5Y Cumulative Return11.1%
7Y Cumulative Return20.9%
10Y Cumulative Return22.2%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-397.12 Cr
Cash Flow from Operations (TTM)536.22 Cr
Cash Flow from Financing (TTM)-130.18 Cr
Cash & Equivalents28.62 Cr
Free Cash Flow (TTM)207.14 Cr
Free Cash Flow/Share (TTM)29.55

Balance Sheet

Total Assets4.98 kCr
Total Liabilities1.05 kCr
Shareholder Equity3.93 kCr
Current Assets3 kCr
Current Liabilities821.85 Cr
Net PPE1.44 kCr
Inventory1.22 kCr
Goodwill18.64 Cr

Capital Structure & Leverage

Debt Ratio0.05
Debt/Equity0.06
Interest Coverage25.11
Interest/Cashflow Ops14.85

Dividend & Shareholder Returns

Dividend/Share (TTM)14
Dividend Yield0.61%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)0.00%
Pros

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Profitability: Recent profitability of 12% is a good sign.

Smart Money: Smart money has been increasing their position in the stock.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -10.4% in last 30 days.

Past Returns: In past three years, the stock has provided 4.4% return compared to 9.3% by NIFTY 50.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.61%
Dividend/Share (TTM)14
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)82.9

Financial Health

Current Ratio3.66
Debt/Equity0.06

Technical Indicators

RSI (14d)48.5
RSI (5d)64.02
RSI (21d)42.8
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalSell
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Ratnamani Metals & Tubes

Summary of Ratnamani Metals & Tubes's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Revenue Breakdown

Analysis of Ratnamani Metals & Tubes's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Dec 31, 2025

DescriptionShareValue
Steel Tubes and Pipes72.4%771.8 Cr
Pipe Spools and Auxiliary Support Systems18.3%195.6 Cr
Bearing Rings9.2%98.5 Cr
Total1.1 kCr

Share Holdings

Understand Ratnamani Metals & Tubes ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
M N Sanghvi Family Trust (Trustees, Prakash M. Sanghvi & Jayanti Mishrimal Sanghvi)52.16%
Icici Prudential Multi-Asset Fund4.89%
Kotak Midcap Fund4.83%
Nalanda India Fund Limited4.42%
Sanghvi Prakashmal Mishrimal, HUF (Karta: Prakash M. Sanghvi)3.42%
Sbi Small Cap Fund3.04%
Chunilal Fojaji Sanghvi2.36%
Jayantilal M Sanghvi, HUF (Karta: Jayanti Mishrimal Sanghvi)1.45%
Mirae Asset Infrastructure Fund1.19%
Pavankumar Mishrimal Sanghvi, HUF (Karta: Pawankumar M. Sanghvi)0.99%
Sanghvi Shantilal Mishrimal, HUF (Karta Shantilal M. Sanghvi)0.99%
Arunaben C. Sanghvi & Prakash M. Sanghvi0.38%
Babulal M. Sanghvi & Shantaben B. Sanghvi & Prakash M. Sanghvi0.14%
Prakash M. Sanghvi & Reshmi Sanghvi0.11%
Jayanti M. Sanghvi & Shobhnadevi J. Sanghvi & Prakash M. Sanghvi0.07%
Shantilal Mishrimal Sanghvi & Shashi Shantilal Sanghvi & Prakash M. Sanghvi0.06%
Reshmidevi P. Sanghvi & Prakash Mishrimal Sanghvi & Jayantilal Mishrimal Sanghvi0%
Pavan Sanghvi & Vimla Sanghvi & Prakash Sanghvi0%
Vimla Pavan Sanghvi & Pavan Mishrimal Sanghvi & Prakash M. Sanghvi0%
Manoj P. Sanghvi & Dimple M. Sanghvi & Jayanti M. Sanghvi0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Ratnamani Metals & Tubes Better than it's peers?

Detailed comparison of Ratnamani Metals & Tubes against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
APLAPOLLOAPL Apollo Tubes52.73 kCr21.81 kCr-13.30%+21.60%46.162.42--
JINDALSAWJindal Saw12.27 kCr18.4 kCr-1.20%-29.30%10.850.67--
MAHSEAMLESMaharashtra Seamless7.88 kCr5.29 kCr-0.40%-19.60%9.381.49--
SURYAROSNISurya Roshni4.73 kCr7.57 kCr-16.00%-15.60%14.90.63--
MANINDSMan Industries (India)2.63 kCr3.66 kCr-31.10%+19.40%13.610.72--

Sector Comparison: RATNAMANI vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

RATNAMANI metrics compared to Industrial

CategoryRATNAMANIIndustrial
PE27.2622.10
PS3.031.39
Growth3.3 %6.3 %
67% metrics above sector average
Key Insights
  • 1. RATNAMANI is among the Top 5 Iron & Steel Products companies by market cap.
  • 2. The company holds a market share of 2.9% in Iron & Steel Products.
  • 3. In last one year, the company has had a below average growth that other Iron & Steel Products companies.

Income Statement for Ratnamani Metals & Tubes

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations2.5%5,1865,0594,4743,1392,2982,583
Other Income-18.1%607333384362
Total Income2.2%5,2465,1324,5073,1762,3422,645
Cost of Materials-4.9%3,2693,4393,0862,3251,3601,750
Employee Expense21.4%313258209159142146
Finance costs-18.2%374531212321
Depreciation and Amortization10.3%1089883805759
Other expenses17.9%678575544381285317
Total Expenses4.7%4,5084,3053,8142,7461,9782,239
Profit Before exceptional items and Tax-10.9%738828694431363406
Total profit before tax-10.9%738828694431363406
Current tax-3%19319917510779105
Deferred tax-10.8%3.734.066.611.668.34-5.76
Total tax-3.5%1962031811088799
Total profit (loss) for period-13.3%542625512323276308
Other comp. income net of taxes-130.1%-6.11-2.093.343.532.4-2.84
Total Comprehensive Income-14.1%535623516326278305
Earnings Per Share, Basic-13.5%77.2789.1873.0946.03333339.3843.88
Earnings Per Share, Diluted-13.5%77.2589.1873.0946.03333339.3843.88
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations-10.6%1,0661,1921,1521,7151,316971
Other Income15.4%3127309.111920
Total Income-10%1,0971,2191,1821,7241,335991
Cost of Materials26.6%720569786926766719
Employee Expense5.6%959087888074
Finance costs12.5%7.386.67116.677.4714
Depreciation and Amortization3.2%333232292726
Other expenses-0.6%162163170205177144
Total Expenses-11.5%9021,0191,0061,4481,147857
Profit Before exceptional items and Tax-2%195199176276188134
Exceptional items before tax--18.200000
Total profit before tax-11.1%177199176276188134
Current tax10.5%433950745035
Deferred tax-160.7%-1.364.89-1.11-0.855.34-0.88
Total tax-2.4%424349735534
Total profit (loss) for period-13.5%13515612720313399
Other comp. income net of taxes444.7%6.17-0.5-0.72-5.85-0.06-0.1
Total Comprehensive Income-9%14215612619713399
Earnings Per Share, Basic-20.4%15.6719.4318.8128.991914.17
Earnings Per Share, Diluted-20.5%15.6619.4318.828.9818.9914.17
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations1.4%4,8764,8074,3703,1392,2982,583
Other Income82.2%834631384362
Total Income2.2%4,9594,8534,4013,1762,3422,645
Cost of Materials-7.7%3,0443,2993,0262,3251,3601,750
Employee Expense18.8%266224194158141145
Finance costs-19.2%222723212321
Depreciation and Amortization9.6%928476805759
Other expenses15.2%592514523382286318
Total Expenses3.4%4,1814,0443,7072,7461,9782,239
Profit Before exceptional items and Tax-4%778810694431363406
Total profit before tax-4%778810694431363406
Current tax-3.1%19119717310779105
Deferred tax156.8%9.454.297.161.668.34-5.76
Total tax-0.5%2002011801088799
Total profit (loss) for period-5.1%578609514322276308
Other comp. income net of taxes-14.1%-2.47-2.043.223.492.43-2.93
Total Comprehensive Income-5.1%576607517326278305
Earnings Per Share, Basic-5.1%82.4686.8373.3445.99333339.3643.873333
Earnings Per Share, Diluted-5.1%82.4486.8373.3445.99333339.3643.873333
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations-15.5%7949401,0621,5751,294898
Other Income-15.2%293435381420
Total Income-15.4%8239731,0971,6131,307917
Cost of Materials12.7%562499717848707674
Employee Expense5.5%787473746862
Finance costs-96.9%1.052.594.273.944.199.14
Depreciation and Amortization3.8%282727242322
Other expenses0%121121147175156127
Total Expenses-17.1%6878299021,3111,107780
Profit Before exceptional items and Tax-5.6%136144195301200137
Exceptional items before tax--18.200000
Total profit before tax-18.2%118144195301200137
Current tax-6.1%323449734935
Deferred tax-424.2%-1.951.911.734.195.5-0.41
Total tax-17.1%303650775534
Total profit (loss) for period-18.7%88108145225146102
Other comp. income net of taxes387.3%6.2-0.81-0.81-2.21-0.09-0.09
Total Comprehensive Income-12.3%94107144223145102
Earnings Per Share, Basic-20.1%12.5415.4420.6832.0620.7614.62
Earnings Per Share, Diluted-20.2%12.5215.4420.6832.0520.7514.62

Balance Sheet for Ratnamani Metals & Tubes

Consolidated figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-87.5%29225582074934
Current investments255.9%6381808089157135
Loans, current28.8%0.580.410.380.380.280.26
Total current financial assets-1.8%1,6691,6991,0801,2761,1081,213
Inventories-19%1,2201,5061,6481,3491,2361,259
Current tax assets72.3%0.770.170000
Total current assets-9.1%3,0043,3032,8462,6662,4292,533
Property, plant and equipment9.2%1,4451,3231,1551,1441,0921,102
Capital work-in-progress10.6%210190247167153101
Goodwill-18.2%192319191919
Loans, non-current-8.3%0.090.160.070.060.050.05
Total non-current financial assets1909.1%222125.815.419.1513
Total non-current assets23.1%1,9731,6031,4711,3541,2891,247
Total assets1.5%4,9784,9064,3174,0203,7173,780
Borrowings, non-current46.9%956535215157
Total non-current financial liabilities-19%9511793111164166
Provisions, non-current71.1%2.661.970000
Total non-current liabilities-7.8%225244197204248244
Borrowings, current72%13076221121115167
Total current financial liabilities-14.1%488568602498416565
Provisions, current-41.2%6.29105.765.044.882.76
Current tax liabilities70.6%30180.137.322534
Total current liabilities-17.6%822997797600577861
Total liabilities-15.6%1,0471,2419948048251,104
Equity share capital0%141414141414
Non controlling interest118.5%602830767472
Total equity7.3%3,9313,6653,3233,2162,8922,676
Total equity and liabilities1.5%4,9784,9064,3174,0203,7173,780
Standalone figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-92.7%17220572054833
Current investments255.9%6381808088157135
Loans, current5669.6%450.21110.210.230.19
Total current financial assets-8.9%1,5681,7211,0461,2281,0701,169
Inventories-21.1%9791,2401,5131,2751,1701,193
Total current assets-13%2,7173,1222,6682,5372,3132,413
Property, plant and equipment10.1%1,2041,094954954910940
Capital work-in-progress-17.7%12214823215814887
Non-current investments17.6%175149143110108108
Loans, non-current35.6%6246198.560.050.05
Total non-current financial assets130.5%455198165120115117
Total non-current assets22.5%1,8191,4851,3871,2491,1891,156
Total assets-1.5%4,5364,6074,0553,7863,5023,570
Borrowings, non-current-00002945
Total non-current financial liabilities-109.1%01214124665
Total non-current liabilities-8.7%10611610089107119
Borrowings, current-3.6601504545105
Total current financial liabilities-34.3%237360432375312457
Provisions, current-51.3%59.215.145.034.882.76
Current tax liabilities68.8%281707.092533
Total current liabilities-29.1%555782624476473751
Total liabilities-26.4%661898724565580871
Equity share capital0%141414141414
Total equity4.5%3,8753,7093,3313,2212,9222,699
Total equity and liabilities-1.5%4,5364,6074,0553,7863,5023,570

Cash Flow for Ratnamani Metals & Tubes

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Change in inventories22.5%-69.14-89.52-95.67-575.08--
Depreciation10.3%108988380--
Unrealised forex losses/gains-67.7%-9.9-5.5-2.46-1.96--
Adjustments for interest income-44.9%28509.6822--
Net Cashflows from Operations-2.3%718735460-161.01--
Income taxes paid (refund)-18.8%182224150122--
Net Cashflows From Operating Activities4.9%536511310-283--
Proceeds from sales of PPE633.3%2344.230.8--
Purchase of property, plant and equipment54.7%329213142144--
Purchase of other long-term assets-00500--
Interest received77.8%33191022--
Other inflows (outflows) of cash-390.8%-124.0544-30.43539--
Net Cashflows From Investing Activities-172.2%-397.12-145.26-207.67418--
Proceeds from borrowings-280430--
Repayments of borrowings-54.8%34747251--
Payments of lease liabilities-3.07000--
Dividends paid-101.2%0846565--
Interest paid185.3%98352218--
Income taxes paid (refund)-26000--
Other inflows (outflows) of cash-2.68000--
Net Cashflows from Financing Activities32.4%-130.18-192.95-116.08-134.54--
Effect of exchange rate on cash eq.-356%-4.7-0.25-0.18-0.09--
Net change in cash and cash eq.-98.1%4.23173-13.470.14--
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Change in inventories140.9%35-82.08-80.67-575.08--
Depreciation9.6%92847680--
Unrealised forex losses/gains-85.2%-11.04-5.5-2.46-1.96--
Adjustments for interest income26.1%30249.6822--
Net Cashflows from Operations-1.5%701712466-149.75--
Income taxes paid (refund)-19%180222148122--
Net Cashflows From Operating Activities6.6%521489317-271.74--
Proceeds from sales of PPE4237.3%371.834.180.8--
Purchase of property, plant and equipment43.1%250175129144--
Purchase of other long-term assets-00980--
Interest received83.3%34191022--
Other inflows (outflows) of cash-474.8%-167.6446-30.43528--
Net Cashflows From Investing Activities-215.3%-345.46-108.89-243406--
Proceeds from borrowings-00500--
Repayments of borrowings-56.6%441005051--
Payments of lease liabilities-1.61000--
Dividends paid16.9%98846565--
Interest paid-30.4%17241818--
Net Cashflows from Financing Activities23%-160.09-208.29-83.23-134.54--
Effect of exchange rate on cash eq.-68.5%-1.14-0.27-0.18-0.13--
Net change in cash and cash eq.-92.4%14172-9.03-0.04--

What does Ratnamani Metals & Tubes Ltd do?

Iron & Steel Products•Capital Goods•Small Cap

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger and instrumentation tubes, and nickel alloy seamless pipes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers pipe coating solutions comprising external three layer polyethylene/polypropylene coating and single/dual layer fusion bonded epoxy coating; and internal coating solutions, such as internal liquid epoxy and cement mortar lining coatings. Further, it is involved in the generation of power from windmills. The company offers its products for various industries and applications, such as oil and gas exploration, LNG, food and dairy, fertilizer plants, thermal, solar and nuclear plants, defence, automobile, chemical, power plants, CNG, sugar, pulp and paper, petrochemicals and refineries, atomic energy, aerospace, desalination plants, pharmaceutical, marine, cross country pipe line for gas and water, pipes for engineering purpose, booster compressors and dispensers, water distribution pipelines, plumbing and heating, city gas distribution, structural pipe systems, sewerage, dredging pipes, mining pipes, air duct pipes, high mast pipes for wind mill towers, and general purpose applications. Ratnamani Metals & Tubes Limited was incorporated in 1983 and is headquartered in Ahmedabad, India.

Industry Group:Industrial Products
Employees:2,922
Website:www.ratnamani.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Performance Comparison

RATNAMANI vs Industrial (2021 - 2026)

Although RATNAMANI is underperforming relative to the broader Industrial sector, it has achieved a 11.2% year-over-year increase.