RATNAMANI
Ratnamani Metals & Tubes Limited (RATNAMANI) Stock Analysis
Ratnamani Metals and Tubes Limited manufactures stainless steel and carbon steel welded pipes for oil, gas, and process industries. It exports to global energy and engineering customers. The company is a premium pipe supplier from India. It is listed on Indian stock exchanges.
Basic Materials › Steel
₹2,523.90
+0.01% 1W | +11.10% 52W
Market Cap
17.7k CR
P/E Ratio
40.9
52W High
₹3345
52W Low
₹1936.5
Div. Yield
0.39%
Beta
0.4
50 DMA
₹2596.6
200 DMA
₹2464.5
Profit Margin
9.9%
Inst. Own.
25.6%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,688 | 1,718 | 1,412 | 1,767 | 2,755 | 2,586 | 2,298 | 3,139 | 4,474 | 5,059 | 5,186 | 4,494 | 4,314 |
| Expenses | 1,388 | 1,431 | 1,155 | 1,501 | 2,348 | 2,159 | 1,898 | 2,644 | 3,699 | 4,162 | 4,363 | 3,736 | 3,582 |
| Operating Profit | 300 | 287 | 257 | 266 | 407 | 427 | 400 | 495 | 776 | 897 | 824 | 758 | 732 |
| OPM % | 18% | 17% | 18% | 15% | 15% | 16% | 17% | 16% | 17% | 18% | 16% | 17% | 17% |
| Other Income | 26 | 16 | 14 | 32 | 41 | 59 | 43 | 38 | 32 | 73 | 60 | 112 | 99 |
| Interest | 9 | 6 | 6 | 10 | 15 | 21 | 23 | 21 | 31 | 45 | 37 | 31 | 27 |
| Depreciation | 54 | 57 | 60 | 61 | 62 | 59 | 57 | 80 | 83 | 98 | 108 | 132 | 136 |
| Profit before tax | 262 | 240 | 205 | 228 | 371 | 406 | 363 | 431 | 694 | 828 | 738 | 706 | 668 |
| Tax % | 34% | 31% | 30% | 33% | 32% | 24% | 24% | 25% | 26% | 24% | 27% | 24% | |
| Net Profit | 173 | 165 | 144 | 152 | 253 | 308 | 276 | 323 | 512 | 625 | 542 | 534 | 514 |
| 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 | 68.85 | 61.75 |
| Dividend Payout % | 15% | 16% | 18% | 18% | 17% | 18% | 24% | 20% | 16% | 16% | 18% | 15% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 0.0% | 14.0% | 10.0% |
| Profit CAGR | -1.0% | 12.0% | 11.0% |
Shareholding Pattern
Promoters59.77%
FIIs11.15%
DIIs18.79%
Public10.26%
Promoters59.77%
FIIs11.11%
DIIs18.92%
Public10.19%
Promoters59.77%
FIIs10.60%
DIIs19.45%
Public10.15%
Promoters59.77%
FIIs10.72%
DIIs19.13%
Public10.37%
Promoters59.77%
FIIs10.94%
DIIs18.94%
Public10.33%
Promoters60.06%
FIIs12.77%
DIIs16.39%
Public10.76%
Promoters59.77%
FIIs12.86%
DIIs16.14%
Public11.22%
Promoters59.77%
FIIs11.63%
DIIs18.80%
Public9.79%
Promoters59.77%
FIIs10.60%
DIIs19.45%
Public10.15%
Promoters59.77%
FIIs10.94%
DIIs18.94%
Public10.33%
RATNAMANI
Holdings Analysis
Key strengths & risk signals
58
Overall
49
Fundamental
68
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (2523.9) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - 0.0% (1 week), -6.3% (1 month), -2.3% (3 months).
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH TREND! 50-day average (2596.6) is above 200-day average (2464.5) - positive signal.
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 51,568 vs down days: 40,386. Ratio: 1.28x
Fundamental & Technical Analysis
58Overall
49Fundamental
68Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -0.3% (DECLINING, 2/15). Profit CAGR: -1.9% (DECLINING, 2/15).
Profit Margin
3/10
LOW MARGIN! 9.9% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.39% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 10.99% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (2596.6) is above 200-day average (2464.5) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (2523.9) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
6/10
POSITIVE YEAR! Stock gained 11.1% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 51,568 vs down days: 40,386. Ratio: 1.28x
RSI
3/5
NEUTRAL! RSI at 42.4 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 41.7% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 0.0% (1 week), -6.3% (1 month), -2.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
RATNAMANI
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-20 | Concall PDF | |
| Q2FY262025-11-13 | Concall PDF |
Peer Comparison
Basic Materials · Steel · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RATNAMANI | ₹2,523.90 | 40.9 | 9.9% | -0.3% | -1.9% | +11.1% | 58 | BREAKDOWN | -37.6% | -21.5% | -15.6% | -10.4% |
| SARDAEN | ₹488.90 | 15.3 | 19.9% | 10.4% | 22.5% | -8.6% | 68 | BREAKDOWN | +5.5% | +190.0% | -2.2% | +28.2% |
| JINDALSAW | ₹301.60 | 29.5 | 3.6% | 0.4% | 14.8% | +56.9% | 70 | CONSOLIDATING DOWN | -75.4% | -25.3% | +9.0% | -3.9% |
| USHAMART | ₹491.30 | 28.1 | 13.2% | 4.1% | 10.0% | +6.1% | 63 | APPROACHING SUPPORT | +40.7% | -3.9% | +16.4% | +5.5% |
| GALLANTT | ₹609.40 | 33.9 | 9.8% | 34.0% | 43.0% | -0.9% | 74 | BREAKOUT | -28.7% | +1.0% | +1.6% | -4.9% |
| GPIL | ₹211.60 | 16.6 | 13.9% | -2.1% | 0.3% | -17.0% | 47 | CONSOLIDATING DOWN | +2.6% | -20.8% | +32.3% | +8.7% |
| NSLNISP | ₹40.20 | 138.8 | 0.6% | – | – | -7.5% | 53 | BREAKDOWN | +97.3% | -87.1% | +8.8% | -5.6% |
| LLOYDSENT | ₹70.40 | 35 | 5.6% | 64.4% | 79.8% | +2.3% | 72 | HIT RESISTANCE | -74.5% | +53.8% | +70.1% | -21.8% |
Data from TradeAlone · Updated daily
