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RATNAMANI Stock Chart & Stats
₹2405.35
₹19.20(0.81%)
At close: 4:00 PM EDT
₹2405.35
₹19.20(0.81%)
Day’s Range― - ―
52-Week Range₹1,900.05 - ₹3,342.35
Previous CloseN/A
Volume5.80K
Average Volume (3M)4.69K
Market Cap
₹162.62B
Enterprise Value₹148.63B
Total Cash (Recent Filing)₹7.94B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)37.4
Beta0.68
Next Earnings
Nov 06, 2026EPS Estimate
27.2Next Dividend Ex-DateN/A
Dividend Yield0.43%
Share Statistics
EPS (TTM)61.76
Shares Outstanding70,092,000
10 Day Avg. Volume9,499
30 Day Avg. Volume4,693
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)77.33
Revenue Forecast (FY)₹50.05B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low leverage gives Ratnamani substantial financial flexibility through industrial demand cycles. A stronger equity base and limited debt burden can support capacity investment, protect solvency during weaker periods, and reduce the amount of operating cash needed for interest and refinancing obligations.
Resilient ProfitabilityConsistent double-digit net margins and mid-to-high teen operating margins indicate that the company retains meaningful earnings power across its engineered pipe and tube portfolio. This profitability provides resources for reinvestment and suggests the business can create value beyond simply expanding shipment volumes.
Positive Cash GenerationPositive operating cash flow and recurring positive free cash flow provide an internal funding base for capital expenditure, working capital, and shareholder returns. Although conversion varies by year, this demonstrated ability to generate cash supports resilience and reduces reliance on external financing for ongoing operations.
Bears Say
Recent Revenue And Profit DeclineThe recent top-line contraction and lower profits indicate that growth has become less dependable after strong expansion in 2022–2024. If weaker demand or pricing persists, reduced operating scale could limit earnings progression and make near-term returns more dependent on mix and execution.
Uneven Free-cash-flow ConversionFree cash flow that covers only about half of reported earnings signals that profit conversion is not consistently strong. Working-capital swings or higher reinvestment needs can absorb cash, limiting funds available for expansion, distributions, and balance-sheet strengthening even when accounting profits remain positive.
Cyclical Project ExposureExposure to industrial and infrastructure projects ties revenue to customer capital-expenditure cycles rather than purely recurring demand. Delays or pauses in spending across oil and gas, refining, power, or infrastructure can reduce order flow and create uneven volumes and earnings over the next several quarters.
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 ₹162.62B.
When is Ratnamani Metals & Tubes Ltd.’s upcoming earnings report date?
Ratnamani Metals & Tubes Ltd.’s upcoming earnings report date is Nov 06, 2026 which is in 12 days.
How were Ratnamani Metals & Tubes Ltd.’s earnings last quarter?
Ratnamani Metals & Tubes Ltd. released its earnings results on Aug 07, 2026. The company reported ₹11.7 earnings per share for the quarter, missing the consensus estimate of ₹18.9 by -₹7.2.
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 0.43%. 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 27.2.
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 ₹11.7 in its last earnings report, missing expectations of ₹18.9. Following the earnings report the stock price went down -7.112%.
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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