Ratnamani Metals & Tubes Ltd (RATNAMANI)
₹2,394.50
Mkt cap
₹16,784 Cr
P/E ratio
34.30
P/B
4.09
Div yield
0.42%
ROE
12.60%
ROCE
17.90%
EPS (TTM)
₹69.81
Book value
₹586
52W range
1,946–3,046
Sector
Industrials
Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India. [1]
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−21.39% from high₹2,395
₹1,946+23.02% from low₹3,046
Current
₹2,394.50
Prev close
₹2,403.70
Day
−0.38%
Price performance
1D
−0.38%
1W
−6.19%
1M
−9.54%
3M
−8.11%
6M
+16.67%
1Y
−16.32%
YTD
+1.72%
Financials
FRevenue, profit & margin
P/E ratio
34.3×
RATNAMANI is 54% above the sector median of 22.3×
RATNAMANI34.3×
Sector median22.3×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,499 | 1,175 | 1,131 | 1,257 | 1,496 | 1,184 | 971 | 1,316 | 1,715 | 1,152 | 1,192 | 1,066 | 1,085 | |
| Expenses | 1,199 | 969 | 886 | 1,057 | 1,250 | 1,020 | 818 | 1,112 | 1,413 | 963 | 980 | 861 | 931 | |
| Operating Profit | 301 | 206 | 245 | 200 | 246 | 164 | 154 | 204 | 302 | 188 | 211 | 205 | 154 | |
| OPM % | 20% | 18% | 22% | 16% | 16% | 14% | 16% | 15% | 18% | 16% | 18% | 19% | 14% | |
| Other Income | 7 | 9 | 11 | 15 | 39 | 12 | 20 | 19 | 9 | 30 | 27 | 13 | 41 | |
| Interest | 14 | 10 | 11 | 13 | 12 | 10 | 14 | 7 | 7 | 11 | 7 | 7 | 6 | |
| Depreciation | 25 | 24 | 24 | 25 | 25 | 26 | 26 | 27 | 29 | 32 | 32 | 33 | 35 | |
| Profit before tax | 268 | 181 | 221 | 178 | 248 | 140 | 134 | 188 | 276 | 176 | 199 | 177 | 154 | |
| Tax % | 28% | 25% | 26% | 25% | 22% | 25% | 26% | 29% | 26% | 28% | 22% | 24% | 25% | |
| Net Profit | 193 | 135 | 164 | 133 | 193 | 106 | 99 | 133 | 203 | 127 | 156 | 135 | 116 | |
| EPS in Rs | 27.33 | 19.10 | 23.38 | 18.96 | 27.42 | 15.00 | 14.32 | 18.73 | 29.55 | 18.81 | 19.43 | 15.67 | 14.93 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.15% · closed higher next day 27 of last 52
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 9 Aug '23◦ | 3 Nov '23 | 8 Feb '24◦ | 17 May '24 | 14 Aug '24 | 15 Nov '24◦ | 13 Feb '25 | 16 May '25◦ | 1 Aug '25 | 7 Nov '25◦ | 6 Feb '26 | 15 May '26◦ |
| Earnings day | +1.65% | +4.71% | −7.82% | +3.20% | −2.13% | −1.91% | −0.31% | +0.30% | −2.57% | +0.94% | −1.41% | −8.43% |
| +1 day | +1.60% | +2.38% | −13.44% | +4.91% | −2.53% | −3.28% | −2.10% | +0.35% | −5.38% | +1.94% | −1.41% | −5.96% |
| +5 days | +1.18% | +18.33% | −10.17% | +5.10% | −1.53% | −1.37% | −1.80% | +3.48% | −12.09% | +1.34% | +10.77% | −5.78% |
| +15 days | +0.60% | +23.88% | −9.37% | +8.98% | +3.23% | −3.83% | +2.14% | +2.34% | −7.53% | −1.21% | +20.85% | −4.80% |
| +30 days | −1.24% | +20.47% | −18.97% | +16.23% | +1.02% | −9.29% | +3.35% | +3.26% | −8.54% | −3.43% | +6.61% | −7.93% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 10 Per Share | 10.00 | 11 Aug '26 | 11 Aug '26 |
Shareholding
Sas of Jun 202659.77%Promoter
Promoters59.77%
FIIs10.72%0.12
DIIs19.13%0.32
Public10.37%0.22
Government0.02%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| APL Apollo Tubes | ₹1,822.80 | 42.07 | 50,612 | 0.32% | 354 | +20.89% | 6,269 | +13.81% | 31.64% |
| Welspun Corp | ₹1,596.90 | 18.24 | 42,125 | 0.31% | 1,048 | +198.64% | 4,081 | +14.91% | 22.89% |
| Shyam Metalics | ₹1,027.45 | 25.53 | 28,679 | 0.44% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,394.50 | 34.30 | 16,784 | 0.42% | 116 | −52.04% | 1,085 | −36.75% | 17.91% |
| Jindal Saw | ₹255.35 | 24.99 | 16,330 | 0.78% | 91 | −75.43% | 4,452 | +9.00% | 10.43% |
| Godawari Power | ₹240.15 | 19.86 | 16,164 | 0.42% | 280 | +32.53% | 1,610 | +9.69% | 20.37% |
| Usha Martin | ₹495.70 | 29.98 | 15,106 | 0.76% | 148 | +56.00% | 979 | +9.28% | 20.18% |
| Median: 82 Co. | ₹167.59 | 22.30 | 1,082 | 0.00% | 16 | +22.88% | 245 | +9.69% | 13.30% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts29
TranscriptMay 2026PPTMay 2026RECMay 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptMay 2025RECMay 2025TranscriptNov 2024RECNov 2024TranscriptMay 2024RECMay 2024TranscriptNov 2023TranscriptMay 2023TranscriptNov 2022TranscriptAug 2022TranscriptMay 2022TranscriptFeb 2022TranscriptNov 2021TranscriptAug 2021TranscriptAug 2021TranscriptJun 2021TranscriptFeb 2021
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 1dSubmission Of Annual Report For The FY 2025-26 And The Notice Convening 42Nd Annual General Meeting Of The Company 21 JulReg. 34 (1) Annual Report. 21 JulBusiness Responsibility and Sustainability Reporting (BRSR) 14 Jul - Submitted FY 2025-26 BRSR with assurance report and ESG disclosures; notes Odisha plant commissioning and 23% renewable energy.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jul - Certificate under Reg 74(5) of SEBI (D & P) Regulation.