Share Price and Basic Stock Data
Last Updated: January 17, 2026, 12:21 pm
| PEG Ratio | 1.80 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Ratnamani Metals & Tubes Ltd operates in the steel tubes and pipes industry, focusing on manufacturing and supplying various types of pipes for critical applications. As of the latest reporting, the company’s share price stood at ₹2,172, with a market capitalization of ₹15,207 Cr. The company reported sales of ₹4,474 Cr for FY 2023, reflecting a significant increase from ₹3,139 Cr in FY 2022. This upward trend continued into FY 2024, with sales reported at ₹5,059 Cr, indicating a strong growth trajectory. The quarterly sales figures for FY 2024 show consistent growth, with ₹1,496 Cr recorded in March 2024. The trailing twelve months (TTM) revenue reached ₹5,375 Cr, suggesting robust demand for their products. The sales growth is supported by their operational efficiency and strategic positioning in the market, allowing Ratnamani to capitalize on increasing infrastructure investments in India.
Profitability and Efficiency Metrics
Ratnamani’s profitability metrics indicate a healthy operational performance. The operating profit margin (OPM) for FY 2023 was reported at 17%, with a notable increase to 18% in FY 2024. The net profit for FY 2023 was ₹512 Cr, which rose to ₹625 Cr in FY 2024, demonstrating effective cost management and revenue generation strategies. The company’s return on equity (ROE) stood at 16%, while the return on capital employed (ROCE) was recorded at 21.5%. These figures surpass typical sector ranges, reflecting strong operational management. Additionally, the interest coverage ratio (ICR) of 23.60x highlights the company’s ability to meet its interest obligations comfortably. However, Ratnamani’s cash conversion cycle (CCC) of 202 days indicates potential inefficiencies in working capital management, which could impact liquidity if not addressed.
Balance Sheet Strength and Financial Ratios
Ratnamani’s balance sheet reflects a strong financial position, with total assets reported at ₹4,903 Cr and total liabilities of ₹4,978 Cr for FY 2025. The company has maintained a conservative debt profile, with borrowings reported at ₹241 Cr and a long-term debt to equity ratio of 0.01. This low leverage suggests that the company is well-positioned to manage its financial obligations without excessive risk. The book value per share increased to ₹518.89, indicating a strengthening equity base. Financial ratios such as the current ratio of 3.31 and quick ratio of 1.80 suggest strong liquidity. However, the price-to-book value (P/BV) ratio of 4.97x indicates that the stock may be trading at a premium compared to its book value, which could warrant caution for potential investors regarding valuation levels.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Ratnamani reveals a stable structure, with promoters holding 59.77% of the company. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold 11.15% and 18.79%, respectively. This level of institutional interest underlines investor confidence in the company’s growth prospects. The number of shareholders has also increased significantly, with 40,486 shareholders reported as of September 2025, up from 20,184 in December 2022. This growing shareholder base indicates rising interest in Ratnamani’s stock. However, the public shareholding has fluctuated, declining to 10.26%, which might suggest a potential concentration of ownership that could lead to volatility in stock performance if any significant trading decisions are made by large shareholders.
Outlook, Risks, and Final Insight
Looking ahead, Ratnamani Metals & Tubes Ltd is well-positioned to benefit from the ongoing infrastructure development in India, which bodes well for demand in the steel tubes and pipes sector. Key strengths include robust profitability metrics and a solid balance sheet, which provide a foundation for future growth. However, risks such as high working capital days and a fluctuating public shareholding pattern could pose challenges. Additionally, fluctuations in raw material prices could impact margins. If the company can improve its cash conversion cycle and maintain its operational efficiencies, it may enhance its competitive position. Conversely, any significant downturns in the infrastructure sector could adversely affect demand for its products. Ratnamani’s ability to navigate these dynamics will be critical to sustaining its growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 20.1 Cr. | 17.0 | 20.7/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,369 Cr. | 442 | 572/301 | 21.9 | 195 | 0.14 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 24.6 Cr. | 20.1 | 42.4/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 25.9 Cr. | 58.4 | 58.4/10.8 | 216 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 19,437 Cr. | 737 | 995/664 | 11.0 | 311 | 0.68 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 9,617.67 Cr | 505.06 | 43.04 | 163.02 | 0.45% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 900 | 1,099 | 1,499 | 1,175 | 1,131 | 1,257 | 1,496 | 1,184 | 971 | 1,316 | 1,715 | 1,152 | 1,192 |
| Expenses | 755 | 900 | 1,199 | 969 | 886 | 1,057 | 1,250 | 1,020 | 818 | 1,112 | 1,413 | 963 | 980 |
| Operating Profit | 145 | 199 | 301 | 206 | 245 | 200 | 246 | 164 | 154 | 204 | 302 | 188 | 211 |
| OPM % | 16% | 18% | 20% | 18% | 22% | 16% | 16% | 14% | 16% | 15% | 18% | 16% | 18% |
| Other Income | 10 | 7 | 7 | 9 | 11 | 15 | 39 | 12 | 20 | 19 | 9 | 30 | 27 |
| Interest | 5 | 8 | 14 | 10 | 11 | 13 | 12 | 10 | 14 | 7 | 7 | 11 | 7 |
| Depreciation | 19 | 20 | 25 | 24 | 24 | 25 | 25 | 26 | 26 | 27 | 29 | 32 | 32 |
| Profit before tax | 132 | 178 | 268 | 181 | 221 | 178 | 248 | 140 | 134 | 188 | 276 | 176 | 199 |
| Tax % | 25% | 25% | 28% | 25% | 26% | 25% | 22% | 25% | 26% | 29% | 26% | 28% | 22% |
| Net Profit | 99 | 134 | 193 | 135 | 164 | 133 | 193 | 106 | 99 | 133 | 203 | 127 | 156 |
| EPS in Rs | 14.09 | 19.02 | 27.33 | 19.10 | 23.38 | 18.96 | 27.42 | 15.00 | 14.32 | 18.73 | 29.55 | 18.81 | 19.43 |
Last Updated: December 29, 2025, 9:16 am
Below is a detailed analysis of the quarterly data for Ratnamani Metals & Tubes Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 1,192.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,152.00 Cr. (Jun 2025) to 1,192.00 Cr., marking an increase of 40.00 Cr..
- For Expenses, as of Sep 2025, the value is 980.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 963.00 Cr. (Jun 2025) to 980.00 Cr., marking an increase of 17.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 211.00 Cr.. The value appears strong and on an upward trend. It has increased from 188.00 Cr. (Jun 2025) to 211.00 Cr., marking an increase of 23.00 Cr..
- For OPM %, as of Sep 2025, the value is 18.00%. The value appears strong and on an upward trend. It has increased from 16.00% (Jun 2025) to 18.00%, marking an increase of 2.00%.
- For Other Income, as of Sep 2025, the value is 27.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30.00 Cr. (Jun 2025) to 27.00 Cr., marking a decrease of 3.00 Cr..
- For Interest, as of Sep 2025, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 11.00 Cr. (Jun 2025) to 7.00 Cr., marking a decrease of 4.00 Cr..
- For Depreciation, as of Sep 2025, the value is 32.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 32.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 199.00 Cr.. The value appears strong and on an upward trend. It has increased from 176.00 Cr. (Jun 2025) to 199.00 Cr., marking an increase of 23.00 Cr..
- For Tax %, as of Sep 2025, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Jun 2025) to 22.00%, marking a decrease of 6.00%.
- For Net Profit, as of Sep 2025, the value is 156.00 Cr.. The value appears strong and on an upward trend. It has increased from 127.00 Cr. (Jun 2025) to 156.00 Cr., marking an increase of 29.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 19.43. The value appears strong and on an upward trend. It has increased from 18.81 (Jun 2025) to 19.43, marking an increase of 0.62.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:44 am
| 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 | 5,375 |
| Expenses | 1,388 | 1,431 | 1,155 | 1,501 | 2,348 | 2,159 | 1,898 | 2,644 | 3,699 | 4,162 | 4,363 | 4,469 |
| Operating Profit | 300 | 287 | 257 | 266 | 407 | 427 | 400 | 495 | 776 | 897 | 824 | 905 |
| OPM % | 18% | 17% | 18% | 15% | 15% | 16% | 17% | 16% | 17% | 18% | 16% | 17% |
| Other Income | 26 | 16 | 14 | 32 | 41 | 59 | 43 | 38 | 32 | 73 | 60 | 85 |
| Interest | 9 | 6 | 6 | 10 | 15 | 21 | 23 | 21 | 31 | 45 | 37 | 32 |
| Depreciation | 54 | 57 | 60 | 61 | 62 | 59 | 57 | 80 | 83 | 98 | 108 | 119 |
| Profit before tax | 262 | 240 | 205 | 228 | 371 | 406 | 363 | 431 | 694 | 828 | 738 | 839 |
| 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 | 620 |
| 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 | 86.52 |
| 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: December 10, 2025, 3:19 am
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | 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 | 3,858 |
| Borrowings | 39 | 23 | 0 | 79 | 65 | 252 | 207 | 157 | 237 | 153 | 157 | 241 |
| Other Liabilities | 279 | 250 | 226 | 360 | 465 | 584 | 422 | 557 | 939 | 726 | 1,108 | 865 |
| Total Liabilities | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,903 | 4,978 |
| Fixed Assets | 425 | 446 | 448 | 445 | 440 | 500 | 865 | 875 | 1,122 | 1,164 | 1,348 | 1,466 |
| CWIP | 42 | 48 | 38 | 47 | 179 | 371 | 76 | 107 | 101 | 167 | 190 | 210 |
| Investments | 20 | 24 | 74 | 0 | 203 | 155 | 637 | 109 | 135 | 89 | 180 | 638 |
| Other Assets | 740 | 801 | 854 | 1,255 | 1,231 | 1,518 | 1,039 | 1,873 | 2,422 | 2,601 | 3,185 | 2,664 |
| Total Assets | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,903 | 4,978 |
Below is a detailed analysis of the balance sheet data for Ratnamani Metals & Tubes Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 14.00 Cr..
- For Reserves, as of Sep 2025, the value is 3,858.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,623.00 Cr. (Mar 2025) to 3,858.00 Cr., marking an increase of 235.00 Cr..
- For Borrowings, as of Sep 2025, the value is 241.00 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 157.00 Cr. (Mar 2025) to 241.00 Cr., marking an increase of 84.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 865.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,108.00 Cr. (Mar 2025) to 865.00 Cr., marking a decrease of 243.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 4,978.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,903.00 Cr. (Mar 2025) to 4,978.00 Cr., marking an increase of 75.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,466.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,348.00 Cr. (Mar 2025) to 1,466.00 Cr., marking an increase of 118.00 Cr..
- For CWIP, as of Sep 2025, the value is 210.00 Cr.. The value appears strong and on an upward trend. It has increased from 190.00 Cr. (Mar 2025) to 210.00 Cr., marking an increase of 20.00 Cr..
- For Investments, as of Sep 2025, the value is 638.00 Cr.. The value appears strong and on an upward trend. It has increased from 180.00 Cr. (Mar 2025) to 638.00 Cr., marking an increase of 458.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,664.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,185.00 Cr. (Mar 2025) to 2,664.00 Cr., marking a decrease of 521.00 Cr..
- For Total Assets, as of Sep 2025, the value is 4,978.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,903.00 Cr. (Mar 2025) to 4,978.00 Cr., marking an increase of 75.00 Cr..
Notably, the Reserves (3,858.00 Cr.) exceed the Borrowings (241.00 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
| 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
| 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 |
|---|---|---|---|---|---|---|
| SBI Small Cap Fund | 2,132,686 | 1.39 | 505.98 | 850,795 | 2025-12-08 07:41:40 | 150.67% |
| Kotak Midcap Fund | 1,895,105 | 0.74 | 449.61 | N/A | N/A | N/A |
| ICICI Prudential Multi Asset Fund | 966,059 | 0.31 | 229.2 | 946,278 | 2025-12-15 00:16:14 | 2.09% |
| Kotak Small Cap Fund | 940,332 | 1.28 | 223.09 | N/A | N/A | N/A |
| Mirae Asset Focused Fund | 827,376 | 2.48 | 196.3 | 785,609 | 2025-12-15 00:16:14 | 5.32% |
| HSBC Small Cap Fund | 744,458 | 1.09 | 176.62 | N/A | N/A | N/A |
| ICICI Prudential Large & Mid Cap Fund | 677,627 | 0.6 | 160.77 | 675,113 | 2025-12-15 00:16:15 | 0.37% |
| DSP Small Cap Fund | 600,000 | 0.84 | 142.35 | 1,107,439 | 2025-12-08 07:41:40 | -45.82% |
| ICICI Prudential Infrastructure Fund | 589,076 | 1.71 | 139.76 | 578,623 | 2025-12-15 00:06:28 | 1.81% |
| HSBC Value Fund | 531,381 | 0.87 | 126.07 | N/A | N/A | N/A |
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 |
|---|---|
|
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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: 24.2 (Industry average Stock P/E: 43.04)
- 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 | Contact not found |
| 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 17 January 2026) is ₹1952.90 which is 6.56% lower the current market price of ₹2,090.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹14,650 Cr. market cap, FY2025-2026 high/low of ₹3,050/2,059, reserves of ₹3,858 Cr, and liabilities of ₹4,978 Cr.
What is the Market Cap of Ratnamani Metals & Tubes Ltd?
The Market Cap of Ratnamani Metals & Tubes Ltd is 14,650 Cr..
What is the current Stock Price of Ratnamani Metals & Tubes Ltd as on 17 January 2026?
The current stock price of Ratnamani Metals & Tubes Ltd as on 17 January 2026 is ₹2,090.
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 ₹3,050/2,059.
What is the Stock P/E of Ratnamani Metals & Tubes Ltd?
The Stock P/E of Ratnamani Metals & Tubes Ltd is 24.2.
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 0.67 %.
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.