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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)5.26K
Market Cap
₹175.69B
Enterprise Value₹148.63B
Total Cash (Recent Filing)₹7.94B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)38.9
Beta0.64
Next Earnings
Nov 06, 2026EPS Estimate
27.2Next Dividend Ex-DateN/A
Dividend Yield0.41%
Share Statistics
EPS (TTM)61.76
Shares Outstanding70,092,000
10 Day Avg. Volume9,653
30 Day Avg. Volume5,258
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 to withstand cyclical demand or pricing pressure. A stronger equity base also supports investment in capacity and capabilities without relying heavily on debt, while reducing refinancing and interest-burden risk.
Resilient ProfitabilitySustained double-digit net margins and mid-to-high-teens operating margins indicate that the company retains meaningful profitability across its engineered pipe and tube portfolio. This provides internal funding for growth and suggests its technical offering supports more than commodity-level economics.
Positive Cash GenerationPositive operating cash flow and repeated positive free cash flow demonstrate that Ratnamani has generally converted its industrial business into cash. That supports self-funded investment, debt-light expansion, and greater resilience when end-market conditions become less favorable.
Bears Say
Recent Revenue And Profit DeclineThe recent reversal after strong expansion in 2022–2024 signals that growth is exposed to changing demand and pricing conditions in project-oriented industrial markets. Lower revenue and profit can reduce operating leverage and make near-term earnings recovery more dependent on end-market improvement.
Uneven Cash-Flow ConversionAlthough free cash flow remained positive, its weaker growth and coverage of only about half of 2026 net income indicate that reported profits are not converting consistently into available cash. Working-capital swings or higher reinvestment needs could constrain internally funded growth.
Moderating Returns On EquityLower ROE from prior peaks suggests the expanding equity base is currently generating less return than before. If this moderation persists, it could signal reduced capital efficiency and make future earnings growth less powerful relative to the resources retained in the business.
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 ₹175.69B.
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 14 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 0.41%. 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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