RATNAMANI Stock Overview
Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Ratnamani Metals & Tubes Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹2,349.80 |
| 52 Week High | ₹2,528.00 |
| 52 Week Low | ₹1,437.33 |
| Beta | 0.50 |
| 1 Month Change | 3.66% |
| 3 Month Change | 6.86% |
| 1 Year Change | 36.42% |
| 3 Year Change | 242.42% |
| 5 Year Change | 245.73% |
| Change since IPO | 3,905.80% |
Recent News & Updates
Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00
May 13
We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease
May 10Investors Shouldn't Overlook Ratnamani Metals & Tubes' (NSE:RATNAMANI) Impressive Returns On Capital
Feb 22Recent updates
Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00
May 13We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease
May 10Investors Shouldn't Overlook Ratnamani Metals & Tubes' (NSE:RATNAMANI) Impressive Returns On Capital
Feb 22Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Feb 01We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease
Jan 14Slowing Rates Of Return At Ratnamani Metals & Tubes (NSE:RATNAMANI) Leave Little Room For Excitement
Oct 29Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today
Oct 08These 4 Measures Indicate That Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Using Debt Reasonably Well
Sep 14The Returns At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Growing
Jul 16Does Ratnamani Metals & Tubes (NSE:RATNAMANI) Deserve A Spot On Your Watchlist?
Jun 28Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Jun 07Return Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Appealing
Apr 09With EPS Growth And More, Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Interesting
Mar 22Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock
Dec 07Ratnamani Metals & Tubes (NSE:RATNAMANI) Has More To Do To Multiply In Value Going Forward
Nov 19Ratnamani Metals & Tubes (NSE:RATNAMANI) Has A Pretty Healthy Balance Sheet
Mar 25Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Likely To Turn Things Around?
Mar 07Is Ratnamani Metals & Tubes' (NSE:RATNAMANI) Share Price Gain Of 286% Well Earned?
Feb 07Are Robust Financials Driving The Recent Rally In Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Stock?
Jan 17Estimating The Fair Value Of Ratnamani Metals & Tubes Limited (NSE:RATNAMANI)
Dec 27The Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) That You Should Know About
Dec 07
Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Using Too Much Debt?
Nov 16The Ratnamani Metals & Tubes (NSE:RATNAMANI) Share Price Has Gained 96% And Shareholders Are Hoping For More
Oct 20Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock
Sep 22Should You Be Impressed By Ratnamani Metals & Tubes' (NSE:RATNAMANI) Returns on Capital?
Sep 01What You Can Learn From Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) P/E
Aug 12Should You Rely On Ratnamani Metals & Tubes's (NSE:RATNAMANI) Earnings Growth?
Aug 12Here's Why Ratnamani Metals & Tubes (NSE:RATNAMANI) Can Manage Its Debt Responsibly
Jul 28Ratnamani Metals & Tubes (NSE:RATNAMANI) Shareholders Have Enjoyed A 80% Share Price Gain
Jul 13Is Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Latest Stock Performance A Reflection Of Its Financial Health?
Jun 26Shareholder Returns
| RATNAMANI | IN Metals and Mining | IN Market | |
|---|---|---|---|
| 7D | 2.2% | 3.1% | 1.8% |
| 1Y | 36.4% | 14.5% | 12.8% |
Return vs Industry: RATNAMANI exceeded the Indian Metals and Mining industry which returned 14.5% over the past year.
Return vs Market: RATNAMANI exceeded the Indian Market which returned 12.8% over the past year.
Price Volatility
| RATNAMANI volatility | |
|---|---|
| RATNAMANI Average Weekly Movement | 3.4% |
| Metals and Mining Industry Average Movement | 5.8% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 3.4% |
Stable Share Price: RATNAMANI is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RATNAMANI's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 2,375 | Prakash Sanghvi | https://www.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
| RATNAMANI fundamental statistics | |
|---|---|
| Market Cap | ₹164.64b |
| Earnings (TTM) | ₹5.10b |
| Revenue (TTM) | ₹44.74b |
32.3x
P/E Ratio3.7x
P/S RatioIs RATNAMANI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RATNAMANI income statement (TTM) | |
|---|---|
| Revenue | ₹44.74b |
| Cost of Revenue | ₹29.46b |
| Gross Profit | ₹15.29b |
| Other Expenses | ₹10.18b |
| Earnings | ₹5.10b |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 72.83 |
| Gross Margin | 34.17% |
| Net Profit Margin | 11.41% |
| Debt/Equity Ratio | 8.4% |
How did RATNAMANI perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield16%
Payout RatioDoes RATNAMANI pay a reliable dividends?
See RATNAMANI dividend history and benchmarks| Ratnamani Metals & Tubes dividend dates | |
|---|---|
| Ex Dividend Date | Jul 27 2023 |
| Dividend Pay Date | Sep 02 2023 |
| Days until Ex dividend | 48 days |
| Days until Dividend pay date | 85 days |
Does RATNAMANI pay a reliable dividends?
See RATNAMANI dividend history and benchmarks