Ratnamani Metals & Tubes Ltd (RATNAMANI)
₹2,319.30
Mkt cap
₹16,256 Cr
P/E ratio
37.00
P/B
3.96
Div yield
0.43%
ROE
12.60%
ROCE
17.90%
EPS (TTM)
₹62.68
Book value
₹586
52W range
1,937–3,345
Sector
Industrials
Price history
Previous close
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]
NSE RATNAMANIBSE 520111
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−30.66% from high₹2,319
₹1,937+19.77% from low₹3,345
Current
₹2,319.30
Prev close
₹2,328.00
Day
−0.37%
Price performance
1D
−0.34%
1W
+0.31%
1M
−18.12%
3M
−2.73%
6M
−12.92%
1Y
−4.12%
YTD
−1.47%
Financials
Revenue, profit & margin
P/E ratio
37.0×
RATNAMANI is 76% above the sector median of 21.0×
RATNAMANI37.0×
Sector median21.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,175 | 1,131 | 1,257 | 1,496 | 1,184 | 971 | 1,316 | 1,715 | 1,152 | 1,192 | 1,066 | 1,085 | 972 | |
| Expenses | 969 | 886 | 1,057 | 1,250 | 1,020 | 818 | 1,112 | 1,413 | 963 | 980 | 861 | 931 | 809 | |
| Operating Profit | 206 | 245 | 200 | 246 | 164 | 154 | 204 | 302 | 188 | 211 | 205 | 154 | 162 | |
| OPM % | 18% | 22% | 16% | 16% | 14% | 16% | 15% | 18% | 16% | 18% | 19% | 14% | 17% | |
| Other Income | 9 | 11 | 15 | 39 | 12 | 20 | 19 | 9 | 30 | 27 | 13 | 41 | 18 | |
| Interest | 10 | 11 | 13 | 12 | 10 | 14 | 7 | 7 | 11 | 7 | 7 | 6 | 6 | |
| Depreciation | 24 | 24 | 25 | 25 | 26 | 26 | 27 | 29 | 32 | 32 | 33 | 35 | 36 | |
| Profit before tax | 181 | 221 | 178 | 248 | 140 | 134 | 188 | 276 | 176 | 199 | 177 | 154 | 137 | |
| Tax % | 25% | 26% | 25% | 22% | 25% | 26% | 29% | 26% | 28% | 22% | 24% | 25% | 22% | |
| Net Profit | 135 | 164 | 133 | 193 | 106 | 99 | 133 | 203 | 127 | 156 | 135 | 116 | 107 | |
| EPS in Rs | 19.10 | 23.38 | 18.96 | 27.42 | 15.00 | 14.32 | 18.73 | 29.55 | 18.81 | 19.43 | 15.67 | 14.93 | 11.72 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
6 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.39% · closed higher next day 29 of last 54
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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◦ | 7 Aug '26 |
| Earnings day | +4.71% | −7.82% | +3.20% | −2.13% | −1.91% | −0.31% | +0.30% | −2.57% | +0.94% | −1.41% | −8.43% | +3.25% |
| +1 day | +2.38% | −13.44% | +4.91% | −2.53% | −3.28% | −2.10% | +0.35% | −5.38% | +1.94% | −1.41% | −5.96% | +2.61% |
| +5 days | +18.33% | −10.17% | +5.10% | −1.53% | −1.37% | −1.80% | +3.48% | −12.09% | +1.34% | +10.77% | −5.78% | +7.10% |
| +15 days | +23.88% | −9.37% | +8.98% | +3.23% | −3.83% | +2.14% | +2.34% | −7.53% | −1.21% | +20.85% | −4.80% | +20.57% |
| +30 days | +20.47% | −18.97% | +16.23% | +1.02% | −9.29% | +3.35% | +3.26% | −8.54% | −3.43% | +6.61% | −7.93% | +26.58% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 10 Per Share | 10.00 | 11 Aug '26 | 11 Aug '26 |
Shareholding
as of Sep 202659.77%Promoter
Promoters59.77%
FIIs10.94%0.22
DIIs18.94%0.19
Public10.33%0.04
Government0.02%
Ownership trend
Peers
7 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 |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 23.96 | 32,460 | 0.39% | 511 | +88.47% | 5,960 | +33.42% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Median: 89 Co. | ₹162.40 | 20.98 | 950 | 0.00% | 17 | +30.40% | 244 | +17.59% | 13.62% |
Filings
Annual reports15
Concall transcripts30
PPTAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptMay 2025RECMay 2025TranscriptNov 2024RECNov 2024TranscriptMay 2024RECMay 2024TranscriptNov 2023TranscriptMay 2023TranscriptNov 2022TranscriptAug 2022TranscriptMay 2022TranscriptFeb 2022TranscriptNov 2021TranscriptAug 2021TranscriptAug 2021TranscriptJun 2021
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 30 Oct - Company will host Q2FY27 earnings conference call on November 6, 2026 at 5:00 PM IST.Closure of Trading Window 27 OctBoard Meeting Intimation for Intimation Of Board Meeting Date For The Consideration And Approval Of The Unaudited Financial Results (Standalone & Consolidated) For The Second Quarter And Half Year Ended On September 30, 2026 And The Closure Of The Trading Window. 27 Oct - Board to consider Q2 and H1 FY2026-27 unaudited results on November 6, 2026; trading window closed.ESG Rating By NSE Sustainability Ratings & Analytics Limited 16 Oct - NSE Sustainability assigned Ratnamani an ESG rating of 69, category aspiring, for FY2025-26.Intimation Under Regulation 30 (7) Of The SEBI (LODR) Regulations, 2015 For Release Of Corporate Guarantee For Credit Facilities Amounting To Rs. 50 Crore Granted To Ratnamani Finow Spooling Solutions Private Limited (Subsidiary Company) 12 Oct - YES Bank released ₹50 crore corporate guarantee for subsidiary RFSS on October 12, 2026.