Share Price and Basic Stock Data
Last Updated: November 8, 2025, 3:44 am
| PEG Ratio | 2.30 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Ratnamani Metals & Tubes Ltd operates within the steel tubes and pipes industry, reporting a market capitalization of ₹17,440 Cr. The company’s share price stood at ₹2,488, with a P/E ratio of 30.6. Ratnamani has demonstrated robust revenue growth, with sales increasing from ₹3,139 Cr in FY 2022 to ₹4,474 Cr in FY 2023. This upward trajectory continued with FY 2024 sales recorded at ₹5,059 Cr, and the trailing twelve months (TTM) revenue reported at ₹5,154 Cr. The quarterly sales figures indicate fluctuations, with a peak of ₹1,499 Cr in Mar 2023 and a decline to ₹971 Cr in Sep 2024, reflecting seasonal variations. The operating profit margin (OPM) averaged 16% in FY 2025, demonstrating the company’s ability to maintain profitability amidst changing market dynamics. The revenue from operations per share stood at ₹739.95 for FY 2025, showcasing efficient management of sales relative to the number of shares outstanding.
Profitability and Efficiency Metrics
Ratnamani’s profitability metrics exhibit a strong performance, with a reported net profit of ₹563 Cr for the TTM ending in Mar 2025. The net profit margin stood at 10.44%, indicating effective cost management and operational efficiency. The company achieved an impressive return on equity (ROE) of 16.0% and a return on capital employed (ROCE) of 21.5%. These figures suggest that Ratnamani is effectively utilizing its equity and capital to generate earnings. The interest coverage ratio (ICR) was reported at 23.60x, highlighting the company’s strong ability to meet its interest obligations. Additionally, the cash conversion cycle (CCC) averaged 202 days, which, while on the higher side, indicates that Ratnamani is managing its receivables and inventory efficiently. The operating profit also peaked at ₹824 Cr in FY 2025, demonstrating the company’s strong operational capabilities.
Balance Sheet Strength and Financial Ratios
Ratnamani’s balance sheet reflects significant strength, with total assets amounting to ₹4,903 Cr as of Mar 2025. The firm has maintained a conservative borrowing strategy, with total borrowings recorded at ₹157 Cr, resulting in a low debt-to-equity ratio of 0.03. This prudent financial management is underscored by reserves that have grown to ₹3,623 Cr, providing a solid buffer against economic uncertainties. The company reported a current ratio of 3.31, indicating strong liquidity and the ability to cover short-term liabilities. The return on assets (ROA) was reported at 11.08%, suggesting that Ratnamani effectively utilizes its assets to generate profits. The price-to-book value ratio stood at 4.97x, reflecting investor confidence in the company’s growth prospects. Overall, Ratnamani’s financial ratios indicate a healthy financial position compared to typical sector benchmarks.
Shareholding Pattern and Investor Confidence
The shareholding structure of Ratnamani Metals & Tubes Ltd indicates a stable and confident investor base. Promoters hold 59.77% of the equity, reflecting strong insider confidence. Foreign institutional investors (FIIs) hold 11.15%, while domestic institutional investors (DIIs) account for 18.79%. The public shareholding stands at 10.26%, with a total of 40,486 shareholders as of Mar 2025. This diversified ownership structure supports investor confidence in the company’s governance and strategic direction. The gradual increase in institutional ownership over time signals growing interest from institutional investors, which is often viewed as a positive indicator of future performance. However, the public stake has declined from 11.03% in Dec 2022 to 10.26% in Mar 2025, which warrants monitoring to ensure that retail investor confidence remains intact.
Outlook, Risks, and Final Insight
Looking ahead, Ratnamani Metals & Tubes Ltd is poised for continued growth, supported by its robust operational metrics and solid financial foundation. However, potential risks include fluctuations in raw material prices, which could impact profit margins, and global economic uncertainties that may affect demand in the steel industry. Additionally, the company’s cash conversion cycle of 202 days indicates potential challenges in liquidity management, especially during market downturns. The ongoing efforts to enhance operational efficiencies and maintain a conservative financial approach will be crucial for sustaining growth. If Ratnamani can navigate these risks effectively, it stands to benefit from the growing demand for steel pipes and tubes, particularly in infrastructure projects. Overall, the company is well-positioned to leverage its strengths while addressing potential vulnerabilities in a dynamic market environment.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Ratnamani Metals & Tubes Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 17.9 Cr. | 15.2 | 22.0/14.6 | 5.91 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,328 Cr. | 429 | 621/301 | 19.6 | 185 | 0.14 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 28.2 Cr. | 23.0 | 45.5/20.3 | 53.1 | 30.6 | 0.00 % | 3.58 % | 1.43 % | 10.0 |
| Crimson Metal Engineering Company Ltd | 15.0 Cr. | 33.8 | 33.8/10.8 | 136 | 12.6 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 23,899 Cr. | 907 | 995/650 | 13.5 | 311 | 0.55 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,084.33 Cr | 542.79 | 43.96 | 159.57 | 0.40% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 977 | 900 | 1,099 | 1,499 | 1,175 | 1,131 | 1,257 | 1,496 | 1,184 | 971 | 1,316 | 1,715 | 1,152 |
| Expenses | 846 | 755 | 900 | 1,199 | 969 | 886 | 1,057 | 1,250 | 1,020 | 818 | 1,112 | 1,413 | 963 |
| Operating Profit | 131 | 145 | 199 | 301 | 206 | 245 | 200 | 246 | 164 | 154 | 204 | 302 | 188 |
| OPM % | 13% | 16% | 18% | 20% | 18% | 22% | 16% | 16% | 14% | 16% | 15% | 18% | 16% |
| Other Income | 9 | 10 | 7 | 7 | 9 | 11 | 15 | 39 | 12 | 20 | 19 | 9 | 30 |
| Interest | 5 | 5 | 8 | 14 | 10 | 11 | 13 | 12 | 10 | 14 | 7 | 7 | 11 |
| Depreciation | 19 | 19 | 20 | 25 | 24 | 24 | 25 | 25 | 26 | 26 | 27 | 29 | 32 |
| Profit before tax | 116 | 132 | 178 | 268 | 181 | 221 | 178 | 248 | 140 | 134 | 188 | 276 | 176 |
| Tax % | 25% | 25% | 25% | 28% | 25% | 26% | 25% | 22% | 25% | 26% | 29% | 26% | 28% |
| Net Profit | 87 | 99 | 134 | 193 | 135 | 164 | 133 | 193 | 106 | 99 | 133 | 203 | 127 |
| EPS in Rs | 12.39 | 14.09 | 19.02 | 27.33 | 19.10 | 23.38 | 18.96 | 27.42 | 15.00 | 14.32 | 18.73 | 29.55 | 18.81 |
Last Updated: August 20, 2025, 4:40 am
Below is a detailed analysis of the quarterly data for Ratnamani Metals & Tubes Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,152.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,715.00 Cr. (Mar 2025) to 1,152.00 Cr., marking a decrease of 563.00 Cr..
- For Expenses, as of Jun 2025, the value is 963.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,413.00 Cr. (Mar 2025) to 963.00 Cr., marking a decrease of 450.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 188.00 Cr.. The value appears to be declining and may need further review. It has decreased from 302.00 Cr. (Mar 2025) to 188.00 Cr., marking a decrease of 114.00 Cr..
- For OPM %, as of Jun 2025, the value is 16.00%. The value appears to be declining and may need further review. It has decreased from 18.00% (Mar 2025) to 16.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 30.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Mar 2025) to 30.00 Cr., marking an increase of 21.00 Cr..
- For Interest, as of Jun 2025, the value is 11.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.00 Cr. (Mar 2025) to 11.00 Cr., marking an increase of 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 32.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 29.00 Cr. (Mar 2025) to 32.00 Cr., marking an increase of 3.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 176.00 Cr.. The value appears to be declining and may need further review. It has decreased from 276.00 Cr. (Mar 2025) to 176.00 Cr., marking a decrease of 100.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Mar 2025) to 28.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is 127.00 Cr.. The value appears to be declining and may need further review. It has decreased from 203.00 Cr. (Mar 2025) to 127.00 Cr., marking a decrease of 76.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 18.81. The value appears to be declining and may need further review. It has decreased from 29.55 (Mar 2025) to 18.81, marking a decrease of 10.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:12 pm
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,688 | 1,718 | 1,412 | 1,767 | 2,755 | 2,586 | 2,298 | 3,139 | 4,474 | 5,059 | 5,186 | 5,154 |
| Expenses | 1,388 | 1,431 | 1,155 | 1,501 | 2,348 | 2,159 | 1,898 | 2,644 | 3,699 | 4,162 | 4,363 | 4,307 |
| Operating Profit | 300 | 287 | 257 | 266 | 407 | 427 | 400 | 495 | 776 | 897 | 824 | 848 |
| OPM % | 18% | 17% | 18% | 15% | 15% | 16% | 17% | 16% | 17% | 18% | 16% | 16% |
| Other Income | 26 | 16 | 14 | 32 | 41 | 59 | 43 | 38 | 32 | 73 | 60 | 78 |
| Interest | 9 | 6 | 6 | 10 | 15 | 21 | 23 | 21 | 31 | 45 | 37 | 39 |
| Depreciation | 54 | 57 | 60 | 61 | 62 | 59 | 57 | 80 | 83 | 98 | 108 | 113 |
| Profit before tax | 262 | 240 | 205 | 228 | 371 | 406 | 363 | 431 | 694 | 828 | 738 | 773 |
| Tax % | 34% | 31% | 30% | 33% | 32% | 24% | 24% | 25% | 26% | 24% | 27% | |
| Net Profit | 173 | 165 | 144 | 152 | 253 | 308 | 276 | 323 | 512 | 625 | 542 | 563 |
| EPS in Rs | 24.74 | 23.58 | 20.55 | 21.65 | 36.08 | 43.87 | 39.37 | 46.03 | 72.83 | 88.85 | 77.61 | 81.41 |
| Dividend Payout % | 15% | 16% | 18% | 18% | 17% | 18% | 24% | 20% | 16% | 16% | 18% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -4.62% | -12.73% | 5.56% | 66.45% | 21.74% | -10.39% | 17.03% | 58.51% | 22.07% | -13.28% |
| Change in YoY Net Profit Growth (%) | 0.00% | -8.10% | 18.28% | 60.89% | -44.71% | -32.13% | 27.42% | 41.48% | -36.44% | -35.35% |
Ratnamani Metals & Tubes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 15% |
| 3 Years: | 18% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 19% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 25% |
| 3 Years: | 9% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 16% |
Last Updated: September 5, 2025, 1:00 pm
Balance Sheet
Last Updated: September 10, 2025, 2:22 pm
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | 14 | 14 |
| Reserves | 900 | 1,036 | 1,178 | 1,299 | 1,513 | 1,700 | 1,978 | 2,239 | 2,590 | 3,127 | 3,623 |
| Borrowings | 39 | 23 | 0 | 79 | 65 | 252 | 207 | 157 | 237 | 153 | 157 |
| Other Liabilities | 279 | 250 | 226 | 360 | 465 | 584 | 422 | 557 | 939 | 726 | 1,108 |
| Total Liabilities | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,903 |
| Fixed Assets | 425 | 446 | 448 | 445 | 440 | 500 | 865 | 875 | 1,122 | 1,164 | 1,348 |
| CWIP | 42 | 48 | 38 | 47 | 179 | 371 | 76 | 107 | 101 | 167 | 190 |
| Investments | 20 | 24 | 74 | 0 | 203 | 155 | 637 | 109 | 135 | 89 | 180 |
| Other Assets | 740 | 801 | 854 | 1,255 | 1,231 | 1,518 | 1,039 | 1,873 | 2,422 | 2,601 | 3,185 |
| Total Assets | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,903 |
Below is a detailed analysis of the balance sheet data for Ratnamani Metals & Tubes Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 14.00 Cr..
- For Reserves, as of Mar 2025, the value is 3,623.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,127.00 Cr. (Mar 2024) to 3,623.00 Cr., marking an increase of 496.00 Cr..
- For Borrowings, as of Mar 2025, the value is 157.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 153.00 Cr. (Mar 2024) to 157.00 Cr., marking an increase of 4.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 1,108.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 726.00 Cr. (Mar 2024) to 1,108.00 Cr., marking an increase of 382.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 4,903.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,020.00 Cr. (Mar 2024) to 4,903.00 Cr., marking an increase of 883.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,348.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,164.00 Cr. (Mar 2024) to 1,348.00 Cr., marking an increase of 184.00 Cr..
- For CWIP, as of Mar 2025, the value is 190.00 Cr.. The value appears strong and on an upward trend. It has increased from 167.00 Cr. (Mar 2024) to 190.00 Cr., marking an increase of 23.00 Cr..
- For Investments, as of Mar 2025, the value is 180.00 Cr.. The value appears strong and on an upward trend. It has increased from 89.00 Cr. (Mar 2024) to 180.00 Cr., marking an increase of 91.00 Cr..
- For Other Assets, as of Mar 2025, the value is 3,185.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,601.00 Cr. (Mar 2024) to 3,185.00 Cr., marking an increase of 584.00 Cr..
- For Total Assets, as of Mar 2025, the value is 4,903.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,020.00 Cr. (Mar 2024) to 4,903.00 Cr., marking an increase of 883.00 Cr..
Notably, the Reserves (3,623.00 Cr.) exceed the Borrowings (157.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 261.00 | 264.00 | 257.00 | 187.00 | 342.00 | 175.00 | 193.00 | 338.00 | 539.00 | 744.00 | 667.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 83 | 110 | 115 | 61 | 52 | 64 | 70 | 82 | 68 | 89 |
| Inventory Days | 112 | 95 | 141 | 184 | 113 | 185 | 133 | 193 | 156 | 148 | 163 |
| Days Payable | 41 | 40 | 48 | 62 | 56 | 57 | 60 | 55 | 46 | 39 | 50 |
| Cash Conversion Cycle | 119 | 138 | 202 | 237 | 118 | 180 | 137 | 208 | 192 | 177 | 202 |
| Working Capital Days | 81 | 118 | 167 | 173 | 78 | 98 | 85 | 145 | 123 | 128 | 134 |
| ROCE % | 25% | 19% | 18% | 26% | 24% | 19% | 20% | 27% | 28% | 22% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Kotak Emerging Equity Fund - Regular Plan | 1,895,105 | 1.93 | 706.76 | 1,895,105 | 2025-04-22 15:56:54 | 0% |
| Kotak Small Cap Fund - Regular Plan | 1,357,119 | 3.78 | 506.12 | 1,357,119 | 2025-04-22 15:56:54 | 0% |
| DSP Small Cap Fund | 1,107,439 | 3.15 | 413.01 | 1,107,439 | 2025-04-22 15:56:54 | 0% |
| SBI Small Cap Fund | 850,795 | 1.39 | 317.3 | 850,795 | 2025-04-22 14:12:25 | 0% |
| DSP Mid Cap Fund | 322,559 | 0.75 | 120.3 | 322,559 | 2025-04-22 15:56:54 | 0% |
| Kotak Balanced Advantage Fund | 289,520 | 0.71 | 107.97 | 289,520 | 2025-04-22 15:56:54 | 0% |
| Invesco India Multicap Fund | 222,536 | 2.87 | 82.99 | 222,536 | 2025-04-22 15:56:54 | 0% |
| Invesco India Mid Cap Fund | 192,047 | 1.91 | 71.62 | 192,047 | 2025-04-22 15:56:54 | 0% |
| DSP Focus Fund | 185,487 | 3.29 | 69.18 | 185,487 | 2025-04-22 15:56:54 | 0% |
| Invesco India Smallcap Fund | 158,721 | 1.82 | 59.19 | 158,721 | 2025-04-22 15:56:54 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 77.27 | 89.18 | 73.09 | 69.05 | 59.07 |
| Diluted EPS (Rs.) | 77.25 | 89.18 | 73.09 | 69.05 | 59.07 |
| Cash EPS (Rs.) | 92.63 | 103.10 | 84.98 | 86.21 | 71.23 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 518.89 | 448.06 | 381.78 | 481.15 | 425.35 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 518.89 | 448.06 | 381.78 | 481.15 | 425.35 |
| Revenue From Operations / Share (Rs.) | 739.95 | 721.78 | 638.36 | 671.71 | 491.81 |
| PBDIT / Share (Rs.) | 126.00 | 138.44 | 115.29 | 113.96 | 94.85 |
| PBIT / Share (Rs.) | 110.63 | 124.52 | 103.40 | 96.79 | 82.68 |
| PBT / Share (Rs.) | 105.29 | 118.08 | 98.95 | 92.22 | 77.78 |
| Net Profit / Share (Rs.) | 77.27 | 89.18 | 73.09 | 69.05 | 59.07 |
| NP After MI And SOA / Share (Rs.) | 77.61 | 88.85 | 72.83 | 69.05 | 59.07 |
| PBDIT Margin (%) | 17.02 | 19.18 | 18.05 | 16.96 | 19.28 |
| PBIT Margin (%) | 14.95 | 17.25 | 16.19 | 14.41 | 16.81 |
| PBT Margin (%) | 14.22 | 16.36 | 15.50 | 13.72 | 15.81 |
| Net Profit Margin (%) | 10.44 | 12.35 | 11.44 | 10.27 | 12.00 |
| NP After MI And SOA Margin (%) | 10.48 | 12.31 | 11.40 | 10.27 | 12.00 |
| Return on Networth / Equity (%) | 14.95 | 19.83 | 19.60 | 14.35 | 13.88 |
| Return on Capital Employeed (%) | 19.83 | 25.52 | 24.82 | 18.87 | 17.64 |
| Return On Assets (%) | 11.08 | 15.49 | 13.50 | 10.89 | 10.54 |
| Long Term Debt / Equity (X) | 0.01 | 0.01 | 0.02 | 0.04 | 0.07 |
| Total Debt / Equity (X) | 0.03 | 0.04 | 0.08 | 0.06 | 0.07 |
| Asset Turnover Ratio (%) | 1.16 | 1.30 | 1.34 | 1.13 | 0.89 |
| Current Ratio (X) | 3.31 | 4.44 | 2.94 | 3.47 | 3.88 |
| Quick Ratio (X) | 1.80 | 2.19 | 1.48 | 1.51 | 2.62 |
| Inventory Turnover Ratio (X) | 3.63 | 3.88 | 2.63 | 2.82 | 1.95 |
| Dividend Payout Ratio (NP) (%) | 18.03 | 13.50 | 12.81 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 15.05 | 11.67 | 11.01 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 81.97 | 86.50 | 87.19 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 84.95 | 88.33 | 88.99 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 23.60 | 21.50 | 25.91 | 24.93 | 19.35 |
| Interest Coverage Ratio (Post Tax) (X) | 15.47 | 14.85 | 17.42 | 16.11 | 13.05 |
| Enterprise Value (Cr.) | 18026.67 | 19557.06 | 14107.40 | 12239.76 | 8969.19 |
| EV / Net Operating Revenue (X) | 3.48 | 3.87 | 3.15 | 3.90 | 3.90 |
| EV / EBITDA (X) | 20.41 | 20.15 | 17.46 | 22.99 | 20.24 |
| MarketCap / Net Operating Revenue (X) | 3.49 | 3.86 | 3.09 | 3.87 | 3.86 |
| Retention Ratios (%) | 81.96 | 86.49 | 87.18 | 0.00 | 0.00 |
| Price / BV (X) | 4.97 | 6.22 | 5.32 | 5.40 | 4.47 |
| Price / Net Operating Revenue (X) | 3.49 | 3.86 | 3.09 | 3.87 | 3.86 |
| EarningsYield | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 |
After reviewing the key financial ratios for Ratnamani Metals & Tubes Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 77.27. This value is within the healthy range. It has decreased from 89.18 (Mar 24) to 77.27, marking a decrease of 11.91.
- For Diluted EPS (Rs.), as of Mar 25, the value is 77.25. This value is within the healthy range. It has decreased from 89.18 (Mar 24) to 77.25, marking a decrease of 11.93.
- For Cash EPS (Rs.), as of Mar 25, the value is 92.63. This value is within the healthy range. It has decreased from 103.10 (Mar 24) to 92.63, marking a decrease of 10.47.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 518.89. It has increased from 448.06 (Mar 24) to 518.89, marking an increase of 70.83.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 518.89. It has increased from 448.06 (Mar 24) to 518.89, marking an increase of 70.83.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 739.95. It has increased from 721.78 (Mar 24) to 739.95, marking an increase of 18.17.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 126.00. This value is within the healthy range. It has decreased from 138.44 (Mar 24) to 126.00, marking a decrease of 12.44.
- For PBIT / Share (Rs.), as of Mar 25, the value is 110.63. This value is within the healthy range. It has decreased from 124.52 (Mar 24) to 110.63, marking a decrease of 13.89.
- For PBT / Share (Rs.), as of Mar 25, the value is 105.29. This value is within the healthy range. It has decreased from 118.08 (Mar 24) to 105.29, marking a decrease of 12.79.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 77.27. This value is within the healthy range. It has decreased from 89.18 (Mar 24) to 77.27, marking a decrease of 11.91.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 77.61. This value is within the healthy range. It has decreased from 88.85 (Mar 24) to 77.61, marking a decrease of 11.24.
- For PBDIT Margin (%), as of Mar 25, the value is 17.02. This value is within the healthy range. It has decreased from 19.18 (Mar 24) to 17.02, marking a decrease of 2.16.
- For PBIT Margin (%), as of Mar 25, the value is 14.95. This value is within the healthy range. It has decreased from 17.25 (Mar 24) to 14.95, marking a decrease of 2.30.
- For PBT Margin (%), as of Mar 25, the value is 14.22. This value is within the healthy range. It has decreased from 16.36 (Mar 24) to 14.22, marking a decrease of 2.14.
- For Net Profit Margin (%), as of Mar 25, the value is 10.44. This value exceeds the healthy maximum of 10. It has decreased from 12.35 (Mar 24) to 10.44, marking a decrease of 1.91.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 10.48. This value is within the healthy range. It has decreased from 12.31 (Mar 24) to 10.48, marking a decrease of 1.83.
- For Return on Networth / Equity (%), as of Mar 25, the value is 14.95. This value is below the healthy minimum of 15. It has decreased from 19.83 (Mar 24) to 14.95, marking a decrease of 4.88.
- For Return on Capital Employeed (%), as of Mar 25, the value is 19.83. This value is within the healthy range. It has decreased from 25.52 (Mar 24) to 19.83, marking a decrease of 5.69.
- For Return On Assets (%), as of Mar 25, the value is 11.08. This value is within the healthy range. It has decreased from 15.49 (Mar 24) to 11.08, marking a decrease of 4.41.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. It has decreased from 0.04 (Mar 24) to 0.03, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.16. It has decreased from 1.30 (Mar 24) to 1.16, marking a decrease of 0.14.
- For Current Ratio (X), as of Mar 25, the value is 3.31. This value exceeds the healthy maximum of 3. It has decreased from 4.44 (Mar 24) to 3.31, marking a decrease of 1.13.
- For Quick Ratio (X), as of Mar 25, the value is 1.80. This value is within the healthy range. It has decreased from 2.19 (Mar 24) to 1.80, marking a decrease of 0.39.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.63. This value is below the healthy minimum of 4. It has decreased from 3.88 (Mar 24) to 3.63, marking a decrease of 0.25.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.03. This value is below the healthy minimum of 20. It has increased from 13.50 (Mar 24) to 18.03, marking an increase of 4.53.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 15.05. This value is below the healthy minimum of 20. It has increased from 11.67 (Mar 24) to 15.05, marking an increase of 3.38.
- For Earning Retention Ratio (%), as of Mar 25, the value is 81.97. This value exceeds the healthy maximum of 70. It has decreased from 86.50 (Mar 24) to 81.97, marking a decrease of 4.53.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 84.95. This value exceeds the healthy maximum of 70. It has decreased from 88.33 (Mar 24) to 84.95, marking a decrease of 3.38.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 23.60. This value is within the healthy range. It has increased from 21.50 (Mar 24) to 23.60, marking an increase of 2.10.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 15.47. This value is within the healthy range. It has increased from 14.85 (Mar 24) to 15.47, marking an increase of 0.62.
- For Enterprise Value (Cr.), as of Mar 25, the value is 18,026.67. It has decreased from 19,557.06 (Mar 24) to 18,026.67, marking a decrease of 1,530.39.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.48. This value exceeds the healthy maximum of 3. It has decreased from 3.87 (Mar 24) to 3.48, marking a decrease of 0.39.
- For EV / EBITDA (X), as of Mar 25, the value is 20.41. This value exceeds the healthy maximum of 15. It has increased from 20.15 (Mar 24) to 20.41, marking an increase of 0.26.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.49. This value exceeds the healthy maximum of 3. It has decreased from 3.86 (Mar 24) to 3.49, marking a decrease of 0.37.
- For Retention Ratios (%), as of Mar 25, the value is 81.96. This value exceeds the healthy maximum of 70. It has decreased from 86.49 (Mar 24) to 81.96, marking a decrease of 4.53.
- For Price / BV (X), as of Mar 25, the value is 4.97. This value exceeds the healthy maximum of 3. It has decreased from 6.22 (Mar 24) to 4.97, marking a decrease of 1.25.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.49. This value exceeds the healthy maximum of 3. It has decreased from 3.86 (Mar 24) to 3.49, marking a decrease of 0.37.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ratnamani Metals & Tubes Ltd:
- Net Profit Margin: 10.44%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 19.83% (Industry Average ROCE: 15.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 14.95% (Industry Average ROE: 11.65%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 15.47
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.8
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.8 (Industry average Stock P/E: 43.96)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 10.44%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Tubes/Pipes | 17, Rajmugat Society, Ahmedabad Gujarat 380013 | info@ratnamani.com http://www.ratnamani.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Prakash M Sanghvi | Chairman & Managing Director |
| Mr. Jayanti M Sanghvi | Joint Managing Director |
| Mr. Manoj P Sanghvi | WholeTime Director & CEO |
| Mrs. Shanti M Sanghvi | Whole Time Director |
| Mr. Prashant J Sanghvi | Whole Time Director |
| Mr. Sushil Solanki | Independent Director |
| Mr. Dhinal A Shah | Independent Director |
| Mr. Rajesh G Desai | Independent Director |
| Mr. Rajendra S Shah | Independent Director |
| Ms. Sangeetha Chhajed | Independent Woman Director |
FAQ
What is the intrinsic value of Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd's intrinsic value (as of 09 November 2025) is 1975.63 which is 18.02% lower the current market price of 2,410.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 16,889 Cr. market cap, FY2025-2026 high/low of 3,694/2,256, reserves of ₹3,623 Cr, and liabilities of 4,903 Cr.
What is the Market Cap of Ratnamani Metals & Tubes Ltd?
The Market Cap of Ratnamani Metals & Tubes Ltd is 16,889 Cr..
What is the current Stock Price of Ratnamani Metals & Tubes Ltd as on 09 November 2025?
The current stock price of Ratnamani Metals & Tubes Ltd as on 09 November 2025 is 2,410.
What is the High / Low of Ratnamani Metals & Tubes Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Ratnamani Metals & Tubes Ltd stocks is 3,694/2,256.
What is the Stock P/E of Ratnamani Metals & Tubes Ltd?
The Stock P/E of Ratnamani Metals & Tubes Ltd is 27.8.
What is the Book Value of Ratnamani Metals & Tubes Ltd?
The Book Value of Ratnamani Metals & Tubes Ltd is 552.
What is the Dividend Yield of Ratnamani Metals & Tubes Ltd?
The Dividend Yield of Ratnamani Metals & Tubes Ltd is 0.58 %.
What is the ROCE of Ratnamani Metals & Tubes Ltd?
The ROCE of Ratnamani Metals & Tubes Ltd is 21.5 %.
What is the ROE of Ratnamani Metals & Tubes Ltd?
The ROE of Ratnamani Metals & Tubes Ltd is 16.0 %.
What is the Face Value of Ratnamani Metals & Tubes Ltd?
The Face Value of Ratnamani Metals & Tubes Ltd is 2.00.