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Ratnamani Metals & Tubes NSEI:RATNAMANI Stock Report

Last Price

₹2.88k

Market Cap

₹201.8b

7D

-2.8%

1Y

33.9%

Updated

23 Apr, 2024

Data

Company Financials +

Ratnamani Metals & Tubes Limited

NSEI:RATNAMANI Stock Report

Market Cap: ₹201.8b

RATNAMANI Stock Overview

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally.

RATNAMANI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance6/6
Financial Health5/6
Dividends4/6

Ratnamani Metals & Tubes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ratnamani Metals & Tubes
Historical stock prices
Current Share Price₹2,879.80
52 Week High₹3,938.80
52 Week Low₹2,141.00
Beta0.57
1 Month Change0.54%
3 Month Change-12.69%
1 Year Change33.87%
3 Year Change122.87%
5 Year Change385.96%
Change since IPO4,809.31%

Recent News & Updates

Recent updates

Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?

Mar 21
Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Mar 02
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Unpleasant Surprises Could Be In Store For Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Shares

Jan 08
Unpleasant Surprises Could Be In Store For Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Shares

Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?

Dec 18
Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?

Here's Why Ratnamani Metals & Tubes (NSE:RATNAMANI) Can Manage Its Debt Responsibly

Nov 30
Here's Why Ratnamani Metals & Tubes (NSE:RATNAMANI) Can Manage Its Debt Responsibly

Returns on Capital Paint A Bright Future For Ratnamani Metals & Tubes (NSE:RATNAMANI)

Sep 28
Returns on Capital Paint A Bright Future For Ratnamani Metals & Tubes (NSE:RATNAMANI)

Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today

Sep 07
Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Aug 16
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Ratnamani Metals & Tubes' (NSE:RATNAMANI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 13
Ratnamani Metals & Tubes' (NSE:RATNAMANI) Shareholders Will Receive A Bigger Dividend Than Last Year

Ratnamani Metals & Tubes (NSE:RATNAMANI) Knows How To Allocate Capital Effectively

Jun 29
Ratnamani Metals & Tubes (NSE:RATNAMANI) Knows How To Allocate Capital Effectively

Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00

May 13
Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00

We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease

May 10
We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease

Investors Shouldn't Overlook Ratnamani Metals & Tubes' (NSE:RATNAMANI) Impressive Returns On Capital

Feb 22
Investors Shouldn't Overlook Ratnamani Metals & Tubes' (NSE:RATNAMANI) Impressive Returns On Capital

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Feb 01
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease

Jan 14
We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease

Slowing Rates Of Return At Ratnamani Metals & Tubes (NSE:RATNAMANI) Leave Little Room For Excitement

Oct 29
Slowing Rates Of Return At Ratnamani Metals & Tubes (NSE:RATNAMANI) Leave Little Room For Excitement

Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today

Oct 08
Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today

These 4 Measures Indicate That Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Using Debt Reasonably Well

Sep 14
These 4 Measures Indicate That Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Using Debt Reasonably Well

The Returns At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Growing

Jul 16
The Returns At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Growing

Does Ratnamani Metals & Tubes (NSE:RATNAMANI) Deserve A Spot On Your Watchlist?

Jun 28
Does Ratnamani Metals & Tubes (NSE:RATNAMANI) Deserve A Spot On Your Watchlist?

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Jun 07
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?

Return Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Appealing

Apr 09
Return Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Appealing

With EPS Growth And More, Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Interesting

Mar 22
With EPS Growth And More, Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Interesting

Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock

Dec 07
Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock

Ratnamani Metals & Tubes (NSE:RATNAMANI) Has More To Do To Multiply In Value Going Forward

Nov 19
Ratnamani Metals & Tubes (NSE:RATNAMANI) Has More To Do To Multiply In Value Going Forward

Ratnamani Metals & Tubes (NSE:RATNAMANI) Has A Pretty Healthy Balance Sheet

Mar 25
Ratnamani Metals & Tubes (NSE:RATNAMANI) Has A Pretty Healthy Balance Sheet

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Likely To Turn Things Around?

Mar 07
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Likely To Turn Things Around?

Is Ratnamani Metals & Tubes' (NSE:RATNAMANI) Share Price Gain Of 286% Well Earned?

Feb 07
Is Ratnamani Metals & Tubes' (NSE:RATNAMANI) Share Price Gain Of 286% Well Earned?

Are Robust Financials Driving The Recent Rally In Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Stock?

Jan 17
Are Robust Financials Driving The Recent Rally In Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Stock?

Estimating The Fair Value Of Ratnamani Metals & Tubes Limited (NSE:RATNAMANI)

Dec 27
Estimating The Fair Value Of Ratnamani Metals & Tubes Limited (NSE:RATNAMANI)

The Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) That You Should Know About

Dec 07
The Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) That You Should Know About

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Using Too Much Debt?

Nov 16
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Using Too Much Debt?

The Ratnamani Metals & Tubes (NSE:RATNAMANI) Share Price Has Gained 96% And Shareholders Are Hoping For More

Oct 20
The Ratnamani Metals & Tubes (NSE:RATNAMANI) Share Price Has Gained 96% And Shareholders Are Hoping For More

Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock

Sep 22
Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock

Should You Be Impressed By Ratnamani Metals & Tubes' (NSE:RATNAMANI) Returns on Capital?

Sep 01
Should You Be Impressed By Ratnamani Metals & Tubes' (NSE:RATNAMANI) Returns on Capital?

Shareholder Returns

RATNAMANIIN Metals and MiningIN Market
7D-2.8%1.2%1.4%
1Y33.9%57.9%46.1%

Return vs Industry: RATNAMANI underperformed the Indian Metals and Mining industry which returned 58% over the past year.

Return vs Market: RATNAMANI underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is RATNAMANI's price volatile compared to industry and market?
RATNAMANI volatility
RATNAMANI Average Weekly Movement6.3%
Metals and Mining Industry Average Movement7.2%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: RATNAMANI has not had significant price volatility in the past 3 months.

Volatility Over Time: RATNAMANI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19832,637Prakash Sanghviwww.ratnamani.com

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company’s stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes.

Ratnamani Metals & Tubes Limited Fundamentals Summary

How do Ratnamani Metals & Tubes's earnings and revenue compare to its market cap?
RATNAMANI fundamental statistics
Market cap₹201.80b
Earnings (TTM)₹6.22b
Revenue (TTM)₹50.62b

32.4x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RATNAMANI income statement (TTM)
Revenue₹50.62b
Cost of Revenue₹32.81b
Gross Profit₹17.82b
Other Expenses₹11.60b
Earnings₹6.22b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)88.77
Gross Margin35.19%
Net Profit Margin12.29%
Debt/Equity Ratio6.1%

How did RATNAMANI perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

16%

Payout Ratio
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