Ratnamani Metals & Tubes Ltd. (IN:RATNAMANI)
:RATNAMANI
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RATNAMANI Stock Chart & Stats
₹2353.00
-₹49.50(-1.56%)
At close: 4:00 PM EST
₹2353.00
-₹49.50(-1.56%)
Day’s Range― - ―
52-Week Range₹1,900.05 - ₹3,342.35
Previous CloseN/A
Volume41.16K
Average Volume (3M)1.22K
Market Cap
₹181.63B
Enterprise Value₹184.59B
Total Cash (Recent Filing)₹7.44B
Total Debt (Recent Filing)₹2.41B
Price to Earnings (P/E)37.7
Beta0.64
Next Earnings
Jul 31, 2026EPS Estimate
20.1Next Dividend Ex-DateN/A
Dividend Yield0.6%
Share Statistics
EPS (TTM)85.96
Shares Outstanding70,092,000
10 Day Avg. Volume852
30 Day Avg. Volume1,218
Financial Highlights & Ratios
PEG Ratio-2.93
Price to Book (P/B)3.75
Price to Sales (P/S)3.43
P/FCF Ratio34.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)84.37
Revenue Forecast (FY)₹53.82B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low leverage and a growing equity base give the company durable financial flexibility. This supports winning and executing large, capital-intensive project orders, funds cyclical downturns without heavy refinancing, and sustains strategic reinvestment capacity over multiple quarters.
Sustained Profitability MarginsConsistent mid-teen operating margins and double-digit net margins reflect manufacturing scale, product mix pricing and cost control. These durable margins help absorb input-cost shocks and support profitable bidding on long-term contracts across industrial end markets.
Consistent Cash GenerationMulti-year positive operating cash flow and consecutive FCF years provide a sustained internal funding source for capex, working capital and shareholder returns. Even if conversion is uneven, repeatable cash generation underpins longer-term operational resilience.
Bears Say
Recent Revenue DeclineA notable revenue decline signals softer underlying demand or pricing pressure in key markets. For a project-driven tubulars business, falling revenues reduce order visibility, strain capacity utilization and can erode fixed-cost leverage, making recovery dependent on cyclical capex timing.
Weakened FCF ConversionDeteriorating free-cash-flow conversion and recent negative FCF growth point to working-capital swings or higher reinvestment. This reduces excess liquidity for discretionary uses, limits buffer against downturns, and can constrain dividend/capex flexibility over coming quarters.
End-market CyclicalityHeavy exposure to oil, petrochemical and power capex ties revenue to volatile commodity and project cycles. Large, lumpy orders amplify earnings volatility and make sustained utilization and revenue growth dependent on upstream and industrial spending patterns beyond the company's control.
Ratnamani Metals & Tubes Ltd. News
RATNAMANI FAQ
What was Ratnamani Metals & Tubes Ltd.’s price range in the past 12 months?
Ratnamani Metals & Tubes Ltd. lowest stock price was ₹1900.05 and its highest was ₹3342.35 in the past 12 months.
What is Ratnamani Metals & Tubes Ltd.’s market cap?
Ratnamani Metals & Tubes Ltd.’s market cap is ₹181.63B.
When is Ratnamani Metals & Tubes Ltd.’s upcoming earnings report date?
Ratnamani Metals & Tubes Ltd.’s upcoming earnings report date is Jul 31, 2026 which is in 44 days.
How were Ratnamani Metals & Tubes Ltd.’s earnings last quarter?
Ratnamani Metals & Tubes Ltd. released its earnings results on May 15, 2026. The company reported ₹14.5 earnings per share for the quarter, missing the consensus estimate of ₹21.9 by -₹7.4.
Is Ratnamani Metals & Tubes Ltd. overvalued?
According to Wall Street analysts Ratnamani Metals & Tubes Ltd.’s price is currently Overvalued.
Does Ratnamani Metals & Tubes Ltd. pay dividends?
Ratnamani Metals & Tubes Ltd. pays a Annually dividend of ₹10 which represents an annual dividend yield of 0.6%. See more information on Ratnamani Metals & Tubes Ltd. dividends here
What is Ratnamani Metals & Tubes Ltd.’s EPS estimate?
Ratnamani Metals & Tubes Ltd.’s EPS estimate is 20.1.
How many shares outstanding does Ratnamani Metals & Tubes Ltd. have?
Ratnamani Metals & Tubes Ltd. has 70,092,000 shares outstanding.
What happened to Ratnamani Metals & Tubes Ltd.’s price movement after its last earnings report?
Ratnamani Metals & Tubes Ltd. reported an EPS of ₹14.5 in its last earnings report, missing expectations of ₹21.9. Following the earnings report the stock price went down -6.861%.
Which hedge fund is a major shareholder of Ratnamani Metals & Tubes Ltd.?
Currently, no hedge funds are holding shares in IN:RATNAMANI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Ratnamani Metals & Tubes Ltd.
Ratnamani Metals & Tubes Limited operates as a manufacturer and international supplier of diverse stainless steel and carbon steel piping and tubing solutions. The company's stainless steel offerings encompass seamless and welded pipes and tubes, various heat exchanger tubes (including specialized nickel alloy and titanium variants), and precision instrumentation seamless tubes. For carbon steel, they produce pipes using advanced techniques like high-frequency electric resistance welding and submerged arc welding. In addition to core manufacturing, Ratnamani provides comprehensive coating services, including external options such as three-layer polyethylene/polypropylene and dual-layer fusion bonded epoxy, alongside internal applications like food-grade epoxy, polyurethane, coal tar epoxy, and cement lining. They also offer induction bending services and contribute to power generation through windmills. Their products and services are crucial for a broad spectrum of industries, including oil and gas, thermal power, chemicals, fertilizers, sugar, paper, automotive, aeronautics, refineries, nuclear power, petrochemicals, water distribution, food and dairy, pharmaceuticals, defense, infrastructure, shipbuilding, pumping stations, and space. Founded in 1983, the company is headquartered in Ahmedabad, India.
Technical Analysis
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