Ratnamani Metals & Tubes Limited

BSE:520111 Stock Report

Market Cap: ₹183.7b

Ratnamani Metals & Tubes Management

Management criteria checks 2/4

Ratnamani Metals & Tubes' CEO is Prakash Sanghvi, appointed in Aug 2019, has a tenure of 5.58 years. total yearly compensation is ₹247.81M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 3.74% of the company’s shares, worth ₹6.87B. The average tenure of the management team and the board of directors is 5.6 years and 2.1 years respectively.

Key information

Prakash Sanghvi

Chief executive officer

₹247.8m

Total compensation

CEO salary percentage9.2%
CEO tenure5.6yrs
CEO ownership3.7%
Management average tenure5.6yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prakash Sanghvi's remuneration changed compared to Ratnamani Metals & Tubes's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹5b

Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹6b

Mar 31 2024₹248m₹23m

₹6b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹6b

Jun 30 2023n/an/a

₹6b

Mar 31 2023₹238m₹22m

₹5b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹172m₹20m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹155m₹18m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹3b

Mar 31 2020₹174m₹17m

₹3b

Dec 31 2019n/an/a

₹3b

Sep 30 2019n/an/a

₹3b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹143m₹16m

₹3b

Mar 31 2018₹102m₹15m

₹2b

Compensation vs Market: Prakash's total compensation ($USD2.87M) is above average for companies of similar size in the Indian market ($USD518.02K).

Compensation vs Earnings: Prakash's compensation has been consistent with company performance over the past year.

CEO

Prakash Sanghvi (68 yo)

5.6yrs

Tenure

₹247,812,000

Compensation

Mr. Prakash Mishrimal Sanghvi has been the Managing Director of Ratnamani Metals & Tubes Limited, since November 1, 2003. Mr. Sanghvi serves as the Chairman of the Board of Ratnamani Metals & Tubes Limited...

Leadership Team

NamePositionTenureCompensationOwnership
Prakash Sanghvi
Chairman & MD5.6yrs₹247.81m3.74%
₹ 6.9b
Jayantilal Sanghvi
Joint MD & Executive Director5.6yrs₹169.37m1.45%
₹ 2.7b
Shantilal Sanghvi
Whole Time Directorno data₹141.38m0.99%
₹ 1.8b
Vimal Katta
Senior VP of Finance & Accounts and CFOno data₹10.53mno data
Anil Maloo
Company Secretary4.3yrsno datano data
Manoj Sanghvi
Whole Time Director & CEO13.8yrsno data0.82%
₹ 1.5b
Prashant Sanghvi
Whole Time Director & Business Head of L.S.A.W.less than a yearno data0.64%
₹ 1.2b
Rajnikant Patel
Senior Vice President of Manufacturingno datano datano data

5.6yrs

Average Tenure

60yo

Average Age

Experienced Management: 520111's management team is seasoned and experienced (5.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Prakash Sanghvi
Chairman & MD41.5yrs₹247.81m3.74%
₹ 6.9b
Jayantilal Sanghvi
Joint MD & Executive Director41.5yrs₹169.37m1.45%
₹ 2.7b
Shantilal Sanghvi
Whole Time Director36.4yrs₹141.38m0.99%
₹ 1.8b
Manoj Sanghvi
Whole Time Director & CEOless than a yearno data0.82%
₹ 1.5b
Prashant Sanghvi
Whole Time Director & Business Head of L.S.A.W.less than a yearno data0.64%
₹ 1.2b
Sushil Solanki
Independent Non-Executive Director2.1yrs₹1.94mno data
Rajendra Shah
Independent Non-Executive Directorless than a yearno datano data
Dhinal Shah
Independent Non-Executive Director2.1yrs₹1.90mno data
Rajesh Desai
Independent Non-Executive Director2.1yrs₹1.70mno data
Sangeetha Chhajed
Independent Non-Executive Woman Directorless than a yearno datano data

2.1yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 520111's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/19 16:33
End of Day Share Price 2025/03/19 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ratnamani Metals & Tubes Limited is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sailesh RajaBatlivala & Karani Securities India Pvt. Ltd.
Abhisar JainCentrum Broking Limited
Aasim BhardeDAM Capital Advisors