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Ratnamani Metals & Tubes Ltd

Ratnamani Metals & Tubes

Mid Cap2,922 EmployeesIPO 1993
Current Price
2335.20
23.4 (1.01%)Updated
NSE :RATNAMANI
BSE :520111
Valuation vs Sector
P/E Ratio
27.42vs 22.04
P/B Ratio
4.14vs 5.75
Div Yield
0.65%vs 3.41%
Today's Range
2314.1
2335.20
indicator
2369.4
52 Week Range
52W Low1936.50
52W High3050.00
2335.20
indicator
Downside20.59%
Upside30.61%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
15,082.75 Cr
Market Cap
Total market value of company
P/E Ratio
24.85
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
4.36
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
86.36
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
9.15%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
21.50%
ROCE
Return on Capital Employed. >15% is good
Net Margin
11.28%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
12.05%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
14.96%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
-2.71%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
25.40%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.04
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
518.90
Book Value
Net asset value per share
Dividend Yield
0.65%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
59.80%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Healthy ROE (16.00%) and ROCE (21.50%) indicate efficient capital utilization.
  • Robust operating profit margin (16.40%) demonstrates strong core business efficiency.

Weaknesses

5 points
  • Quarterly sales growth is negative (-2.71%), indicating potential revenue momentum challenges.
  • P/E ratio of 30.00 appears relatively high compared to industry peers.

Opportunities

5 points
  • Very low debt-to-equity (0.04) enables strategic acquisitions or capital expenditures.
  • Capitalize on infrastructure development and industrial growth trends in core sectors.

Threats

5 points
  • Intense competitive landscape with larger players impacting market share and pricing.
  • Susceptible to raw material price volatility (steel, iron ore) affecting operating margins.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R42475.63+₹140.43+6.01%
R32420.33+₹85.13+3.65%
R22394.87+₹59.67+2.56%
R12365.03+₹29.83+1.28%
PIVOT2339.574.370.19%
CURRENT2335.20--
S12199.13-₹136.07-5.83%
S22254.43-₹80.77-3.46%
S32284.27-₹50.93-2.18%
S42309.73-₹25.47-1.09%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
0.34L
(15 Apr 2026)
-5.5% vs avg
Delivery %
60.2%
(15 Apr 2026)
+11.9% vs avg
Avg Volume (20D)
0.36L
(13 Mar - 15 Apr)
20-day average
Avg Delivery %
48.3%
(13 Mar - 15 Apr)
Trend ↑
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
JSW Steel Ltd
3.04L ₹ Cr
Best Profit Growth
JSW Steel Ltd
166.00 %
Highest Dividend Yield
Jindal Saw Ltd
1.05 %

Peer Comparison

Company Name
GALLANTT
Gallantt Ispat Ltd.
GPIL
Godawari Power & Ispat Ltd
JINDALSAW
Jindal Saw Ltd
JSWSTEEL
JSW Steel Ltd
KIOCL
KIOCL Ltd
NSLNISP
NMDC Steel Ltd
PTCIL
PTC Industries Ltd
RKFORGE
Ramkrishna Forgings Ltd
SANDUMA
Sandur Manganese & Iron Ores Ltd
SARDAEN
Sarda Energy & Minerals Ltd
SHYAMMETL
Shyam Metalics & Energy Ltd
USHAMART
Usha Martin Ltd
WELCORP
Welspun Corp Ltd

About

RATNAMANI

Ratnamani Metals & Tubes Ltd

Ratnamani Metals & Tubes Limited (RM&TL) is a prominent Indian manufacturer and supplier of stainless steel and carbon steel pipes and tubes, catering to both domestic and international markets. Their core business revolves around the production of a diverse range of piping solutions, encompassing seamless and welded tubes and pipes in various materials and specifications.

The company's stainless steel product line is extensive, featuring seamless and welded tubes and pipes suitable for diverse applications. This includes specialized components such as heat exchanger tubes and instrumentation seamless tubes, crucial for industries requiring high-performance and corrosion-resistant materials. They also manufacture nickel alloy seamless heat exchanger and instrumentation tubes and pipes, along with titanium welded tubes, demonstrating expertise in handling high-value, specialized alloys.

Beyond the core pipe and tube manufacturing, RM&TL offers value-added services including induction bending, a process that shapes pipes to precise specifications for complex projects. Their carbon steel product line includes pipes produced through high-frequency electric resistance welding and submerged arc welding, catering to applications demanding robust and cost-effective solutions. The company's commitment to comprehensive solutions is further highlighted by their pipe coating services, encompassing external coatings (three-layer polyethylene/polypropylene and single/dual layer fusion bonded epoxy) and internal coatings (liquid epoxy and cement mortar lining).

RM&TL's product range finds applications across a vast spectrum of industries, encompassing oil and gas exploration (including LNG), food and dairy processing, fertilizer manufacturing, thermal, solar and nuclear power plants, defense, automotive, chemical processing, power generation, CNG infrastructure, sugar production, pulp and paper manufacturing, petrochemicals and refineries, atomic energy, aerospace, desalination, pharmaceuticals, marine engineering, and general industrial uses. Their products are integral components in various systems including cross-country pipelines (gas and water), engineering applications, booster compressors and dispensers, water distribution networks, plumbing and heating systems, city gas distribution, structural pipe systems, sewerage, dredging, mining, air duct systems, wind mill towers, and numerous other general purpose applications.

In addition to its core manufacturing operations, Ratnamani Metals & Tubes Limited also engages in wind power generation, demonstrating a commitment to renewable energy. Established in 1983 and headquartered in Ahmedabad, India, the company's success rests on its ability to deliver a comprehensive range of high-quality piping solutions and related services across a diverse range of sectors globally.

COMPANY FACTS - RATNAMANI

Registered Address

"The First" A&B Wing, 9th Floor,, Behind Keshav Baug Party Plot,, The First Avenue Road, Off 132 Feet Ring Road, Vastrapur

Ahmedabad

GUJARAT

IN

Company Details

Group: Materials

Sector: Materials

Industry: Metals & Mining

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 2,922

IPO Date: 09/03/1993

MANAGEMENT - RATNAMANI

Shri. Prakash Sanghvi

Executive Chairman of the Board, Managing Director

Shri. Manoj Sanghvi

Chief Executive Officer, Whole Time Director

Shri. Vimal Katta

Chief Financial Officer, Senior Vice President - Finance and Accounts

Shri. Anil Maloo

Company Secretary, Legal Head and Compliance Officer

Shri. Jayanti Sanghvi

Joint Managing Director, Whole-Time Director

Shri. Prashant Sanghvi

Whole Time Director

Shri. Shanti Sanghvi

Whole-Time Director

Smt. Sangeetha Chhajed

Additional Non-Executive Independent Women Director

Shri. Rajesh Desai

Independent Non-Executive Director

Shri. Ajendra Shah

Non-Executive Independent Director

Mr. Dhinal Shah

Independent Non-Executive Director

Shri. Sushil Solanki

Independent Non-Executive Director

Investor Questions Answered

Ratnamani Metals & Tubes Ltd (RATNAMANI) Stock FAQs

Get answers to the most common questions about Ratnamani Metals & Tubes Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Ratnamani Metals & Tubes Ltd (RATNAMANI) is ₹2,335.2. Today, the stock has gained by ₹23.40 (1.01%), trading in a range of ₹2,314.1 to ₹2,369.4. The stock opened at ₹2,344 with a trading volume of 33,869 shares.
Ratnamani Metals & Tubes Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹15,082.75 crores, P/E ratio of 24.85, ROE of 9.15%, and ROCE of 21.50%. The dividend yield stands at 0.65%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Ratnamani Metals & Tubes Ltd (RATNAMANI) is ₹3,050, while the 52-week low is ₹1,936.5. Currently trading at ₹2,335.2, the stock is 35.8% away from its 52-week low and 23.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Ratnamani Metals & Tubes Ltd stock at ₹2,335.2 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.85 and P/B ratio of N/A. Today's performance shows a gain of 1.01%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Ratnamani Metals & Tubes Ltd offers a dividend yield of 0.65%, which means for every ₹100 invested at the current price of ₹2,335.2, you can expect to receive approximately ₹0.65 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Ratnamani Metals & Tubes Ltd's key financial metrics include: P/E Ratio: 24.85, P/B Ratio: N/A, ROE: 9.15%, ROCE: 21.50%, Dividend Yield: 0.65%, EPS: ₹86.36, Book Value: ₹518.9, Debt-to-Equity: 0.04, and Current Ratio: N/A. The company's market cap stands at ₹15,082.75 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Ratnamani Metals & Tubes Ltd stock opened at ₹2,344 and is currently trading at ₹2,335.2, showing a gain of ₹23.40 (1.01%). The intraday high is ₹2,369.4 and low is ₹2,314.1. The trading volume stands at 33,869 shares, indicating moderate market participation today.
Ratnamani Metals & Tubes Ltd has a Price-to-Earnings (P/E) ratio of 24.85, which means investors are willing to pay ₹24.85 for every ₹1 of earnings. With an EPS of ₹86.36, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Ratnamani Metals & Tubes Ltd has a market capitalization of ₹15,082.75 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹2,335.2) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Ratnamani Metals & Tubes Ltd has a book value of ₹518.9 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹2,335.2, which is 350.0% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Ratnamani Metals & Tubes Ltd has a Return on Equity (ROE) of 9.15% and Return on Capital Employed (ROCE) of 21.50%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Ratnamani Metals & Tubes Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Ratnamani Metals & Tubes Ltd has a debt-to-equity ratio of 0.04, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Ratnamani Metals & Tubes Ltd has an Earnings Per Share (EPS) of ₹86.36, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹2,335.2 and P/E ratio of 24.85, investors are paying 24.85 times the annual earnings per share. This strong EPS indicates robust profitability. Track EPS growth over quarters to assess earnings momentum.
Ratnamani Metals & Tubes Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Ratnamani Metals & Tubes Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Ratnamani Metals & Tubes Ltd stock, consider: 1) Fundamental Analysis - Review P/E (24.85), ROE (9.15%), debt-to-equity (0.04), and growth rates. 2) Technical Analysis - Check 52-week range (₹1936.50 - ₹3050.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹2335.20) with book value (₹518.90) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Ratnamani Metals & Tubes Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹2,335.2 is 116660x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Ratnamani Metals & Tubes Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹1936.50 - ₹3050.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.04 indicates leverage. 4) Liquidity Risk - Based on trading volume of 33,869 shares. 5) Valuation Risk - P/E of 24.85 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Ratnamani Metals & Tubes Ltd operates in the industry with key metrics: P/E ratio of 24.85, ROE of 9.15%, market cap of ₹15,082.75 crores, and dividend yield of 0.65%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.04), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Ratnamani Metals & Tubes Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹2,335.2, with a 52-week range of ₹1936.50 to ₹3050.00. Based on fundamentals like P/E (24.85), ROE (9.15%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Ratnamani Metals & Tubes Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹2335.20. 2) Fundamental Deterioration - Declining ROE (currently 9.15%), increasing debt (D/E: 0.04), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Ratnamani Metals & Tubes Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.65%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.