Ratnamani Metals & Tubes Ltd Stock Price Today (NSE: RATNAMANI)
Fundamental Score
Ratnamani Metals & Tubes Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ratnamani Metals & Tubes Ltd share price today is ₹2374.30, up +0.11% on NSE/BSE as of 4 August 2026. Ratnamani Metals & Tubes Ltd (RATNAMANI) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of ₹18.25K (Cr). The 52-week high for RATNAMANI share price is ₹3345.00 and the 52-week low is ₹1936.50. At a P/E ratio of 37.27x, RATNAMANI is currently trading above its industry average P/E of 22.88x. The company has a Return on Equity (ROE) of 12.64% and a debt-to-equity ratio of 0.08.
Ratnamani Metals & Tubes Ltd Share Price Chart — NSE/BSE Historical Performance
Ratnamani Metals & Tubes Ltd share price chart: -4.88% return over the past month. 52-week high ₹3345.00, 52-week low ₹1936.50.
Ratnamani Metals & Tubes Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹2373.00 | ₹2424.30 | ₹2358.90 | ₹2371.80 | 24.92K (Cr) | |
| ₹2398.20 | ₹2413.50 | ₹2355.00 | ₹2358.90 | 16.54K (Cr) | |
| ₹2357.00 | ₹2408.70 | ₹2357.00 | ₹2389.20 | 11.15K (Cr) | |
| ₹2400.00 | ₹2410.80 | ₹2350.00 | ₹2356.50 | 19.78K (Cr) | |
| ₹2400.80 | ₹2435.70 | ₹2395.10 | ₹2404.30 | 17.02K (Cr) | |
| ₹2555.00 | ₹2590.50 | ₹2530.00 | ₹2538.90 | 31.66K (Cr) | |
| ₹2585.00 | ₹2616.50 | ₹2544.10 | ₹2552.50 | 22.39K (Cr) | |
| ₹2612.30 | ₹2633.50 | ₹2565.00 | ₹2582.80 | 9.67K (Cr) | |
| ₹2600.00 | ₹2634.90 | ₹2580.00 | ₹2617.50 | 20.11K (Cr) | |
| ₹2674.00 | ₹2674.00 | ₹2572.00 | ₹2586.70 | 14.92K (Cr) |
Ratnamani Metals & Tubes Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹2373.00 | ₹2424.30 | ₹2358.90 | ₹2371.80 | -0.05% | |
| ₹2532.50 | ₹2715.00 | ₹2350.00 | ₹2358.90 | -6.85% | |
| ₹2565.50 | ₹2848.00 | ₹2485.00 | ₹2510.00 | -2.16% | |
| ₹2655.20 | ₹3345.00 | ₹2442.50 | ₹2552.70 | -3.86% | |
| ₹2245.50 | ₹2783.40 | ₹2148.00 | ₹2645.00 | +17.79% | |
| ₹2342.00 | ₹2460.00 | ₹2150.00 | ₹2201.80 | -5.99% | |
| ₹2121.00 | ₹2582.00 | ₹1936.50 | ₹2456.00 | +15.79% | |
| ₹2392.90 | ₹2399.90 | ₹1943.50 | ₹2216.70 | -7.36% | |
| ₹2392.50 | ₹2467.00 | ₹2289.00 | ₹2380.50 | -0.50% | |
| ₹2422.00 | ₹2500.00 | ₹2278.40 | ₹2372.50 | -2.04% | |
| ₹2404.00 | ₹2771.90 | ₹2270.00 | ₹2424.80 | +0.87% | |
| ₹2378.15 | ₹2507.00 | ₹2342.20 | ₹2410.50 | +1.36% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Decent infra play, but Q3 miss and valuation premium mean you need conviction on order book acceleration to hold.
WHAT'S HAPPENING NOW (last 2-4 weeks)
No major catalysts found after live search.
CORE STORY (THE REAL GAME)
Ratnamani is a play on India's infrastructure buildout, specifically water projects and oil & gas pipelines, with a diversified product mix of stainless steel and carbon steel pipes and tubes.
- Capacity expansion coming online
- Strong subsidiary performance
- Government infrastructure push
- Significant order wins in water or oil & gas
- Sharp increase in steel prices
- Faster-than-expected commissioning of new capacities
- Q3 revenue miss
- Valuation premium
- Steel price volatility
FII decreased holdings by 0.13% and DII decreased holdings by 0.39%
India's steel industry is expected to maintain its growth momentum, with production projected to rise further. However, steel prices are volatile and raw material costs are increasing.
New Carbon Steel HSAW Spiral Pipe Facility in Kutch is projected for June 2026.
Yes - Free Cash Flow 5Y: ₹695.35 Cr
Next 3-6 months depend on order inflows and execution of existing orders. Capacity expansions should support volume growth, but margins are a key monitorable.
Primary Thesis Risk
A sharp decline in government infrastructure spending could derail the growth story.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ratnamani Metals & Tubes Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ratnamani Metals & Tubes Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of RATNAMANI across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Excellent ROCE Performance (17.92%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (16.77%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (14.35% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (23.87x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹730.98 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (59.77%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Strong Institutional Confidence (FII+DII: 29.85%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
2 factors identified
Profit Decline Concern (-52.04%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-36.75%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Ratnamani Metals & Tubes Ltd vs Iron & Steel Products Peers
Peer Comparison - Iron & Steel Products
Compare Ratnamani Metals & Tubes Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Ratnamani Metals & Tubes LtdRatnamani Metal...Selected✓ RATNAMANI • 520111 | 45.6/100 | ₹2374.30₹2374 | ₹18251.63₹18251.63 | 37.27Average 37.3 Average | 12.64%Average 12.64% Average | 17.92%Good 17.92% Good | 0.08Excellent 0.1 Excellent | 12.16%Good 12.16% Good | 14.35%Good 14.35% Good | 0.38% |
Apl Apollo Tubes LtdApl Apollo Tube... APLAPOLLO • 533758 | 58.7/100 | ₹1819.50₹1820 | ₹50449.08₹50449.08 | 41.93Average 41.9 Average | 25.31%Excellent 25.31% Excellent | 31.64%Excellent 31.64% Excellent | 0.09Excellent 0.1 Excellent | 27.28%Excellent 27.28% Excellent | 22.11%Excellent 22.11% Excellent | 0.32% |
Welspun Corp LtdWelspun Corp Lt... WELCORP • 532144 | 64.3/100 | ₹1439.30₹1439 | ₹44413.13₹44413.13 | 27.56Average 27.6 Average | 19.42%Good 19.42% Good | 22.89%Excellent 22.89% Excellent | 0.26Excellent 0.3 Excellent | 20.91%Excellent 20.91% Excellent | 18.58%Excellent 18.58% Excellent | 0.30% |
Shyam Metalics and Energy LtdShyam Metalics ... SHYAMMETL • 543299 | 56.3/100 | ₹1031.30₹1031 | ₹28869.18₹28869.18 | 26.97Average 27.0 Average | 9.70%Poor 9.70% Poor | 13.01%Average 13.01% Average | 0.09Excellent 0.1 Excellent | 4.90%Average 4.90% Average | 24.12%Excellent 24.12% Excellent | 0.44% |
Godawari Power & Ispat LtdGodawari Power ... GPIL • 532734 | 57.1/100 | ₹242.40₹242 | ₹17056.25₹17056.25 | 20.95Average 20.9 Average | 15.20%Good 15.20% Good | 20.37%Excellent 20.37% Excellent | 0.08Excellent 0.1 Excellent | 4.99%Average 4.99% Average | 6.38%Good 6.38% Good | 0.39% |
Gallantt Ispat LtdGallantt Ispat ... GALLANTT • 532726 | 61.9/100 | ₹614.60₹615 | ₹16624.26₹16624.26 | 34.33Average 34.3 Average | 15.73%Good 15.73% Good | 18.23%Good 18.23% Good | 0.17Excellent 0.2 Excellent | 42.84%Excellent 42.84% Excellent | 34.42%Excellent 34.42% Excellent | 0.18% |
Jindal Saw LtdJindal Saw Ltd... JINDALSAW • 500378 | 50.8/100 | ₹256.95₹257 | ₹16352.11₹16352.11 | 25.02Average 25.0 Average | 8.20%Poor 8.20% Poor | 10.43%Average 10.43% Average | 0.37Excellent 0.4 Excellent | 25.27%Excellent 25.27% Excellent | 10.91%Good 10.91% Good | 0.78% |
Usha Martin LtdUsha Martin Ltd... USHAMART • 517146 | 69.7/100 | ₹495.95₹496 | ₹15127.41₹15127.41 | 30.03Average 30.0 Average | 16.64%Good 16.64% Good | 20.18%Excellent 20.18% Excellent | 0.07Excellent 0.1 Excellent | 27.59%Excellent 27.59% Excellent | 11.97%Good 11.97% Good | 0.60% |
Jayaswal Neco Industries LtdJayaswal Neco I... JAYNECOIND • 522285 | 47/100 | ₹86.03₹86 | ₹8896.22₹8896.22 | 18.90Average 18.9 Average | 18.05%Good 18.05% Good | 20.67%Excellent 20.67% Excellent | 0.74Good 0.7 Good | 23.24%Excellent 23.24% Excellent | 14.17%Good 14.17% Good | 0.00% |
Maharashtra Seamless LtdMaharashtra Sea... MAHSEAMLES • 500265 | 60.6/100 | ₹565.35₹565 | ₹7890.10₹7890.10 | 11.21Average 11.2 Average | 10.65%Average 10.65% Average | 14.29%Average 14.29% Average | 0.00Excellent 0.0 Excellent | 28.94%Excellent 28.94% Excellent | 15.16%Excellent 15.16% Excellent | 1.70% |
Sunflag Iron & Steel Co LtdSunflag Iron & ... SUNFLAG • 500404 | 38.2/100 | ₹365.30₹365 | ₹6248.07₹6248.07 | 30.01Average 30.0 Average | 2.36%Poor 2.36% Poor | 4.06%Poor 4.06% Poor | 0.06Excellent 0.1 Excellent | 8.17%Good 8.17% Good | 15.80%Excellent 15.80% Excellent | 0.22% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Apl Apollo Tubes Ltd share price50449.08 Cr
- Welspun Corp Ltd share price44413.13 Cr
- Shyam Metalics and Energy Ltd share price28869.18 Cr
- Godawari Power & Ispat Ltd share price17056.25 Cr
- Gallantt Ispat Ltd share price16624.26 Cr
Ratnamani Metals & Tubes Ltd PE Ratio History
Historical price-to-earnings ratio for RATNAMANI — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹77.25 | ₹2380.50 | 30.8x |
| FY 2024 | ₹89.18 | ₹3178.25 | 35.6x |
| FY 2023 | ₹72.83 | ₹3363.25 | 46.2x |
| FY 2022 | ₹46.03 | ₹1956.05 | 42.5x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Ratnamani Metals & Tubes Ltd Dividend History
Annual cash dividends paid by RATNAMANI — dividend yield 0.38%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹98.13 Cr |
| FY 2024 | ₹84.11 Cr |
| FY 2023 | ₹65.42 Cr |
| FY 2022 | ₹65.42 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Ratnamani Metals & Tubes Ltd Quarterly Performance
Latest quarterly metrics for RATNAMANI — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-36.75%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-52.04%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
14.35%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
12.16%
Compounded annual net profit growth over 5 years
Ratnamani Metals & Tubes Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for RATNAMANI — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Ratnamani Metals & Tubes Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ratnamani Metals & Tubes Ltd (RATNAMANI) — sourced from NSE/BSE filings.
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About RATNAMANI (Ratnamani Metals & Tubes Ltd)
Ratnamani Metals & Tubes Ltd. is a prominent Indian manufacturer specializing in the production of a diverse range of ferrous metal pipes and tubes, serving both domestic and inter...national markets. The company has built a reputation for quality and reliability in the iron and steel product sector. Ratnamani operates state-of-the-art manufacturing facilities, enabling it to produce a comprehensive portfolio of products catered to diverse industrial applications. Their commitment to innovation and technological advancement allows them to meet the ever-evolving needs of their clientele. Ratnamani's iron and steel product offerings include a variety of specialized pipes and tubes designed for critical operations. Their carbon steel pipes are engineered to withstand high pressure and temperature, while their alloy steel pipes are ideal for corrosive environments. These products are widely employed in industries such as oil and gas, power generation, chemical processing, and water treatment. The company has strategically cultivated strong relationships with key players in these sectors, solidifying their position as a trusted supplier of essential infrastructure components. The success of Ratnamani Metals & Tubes can be attributed to its focus on operational excellence, stringent quality control measures, and a customer-centric approach. Their commitment to sustainability and environmental responsibility is also increasingly reflected in their manufacturing processes. By continually investing in research and development, Ratnamani remains at the forefront of technological advancements, ensuring that their products meet the highest standards of performance and durability. This dedication has enabled the company to establish a strong brand presence and a loyal customer base.
Company Details
Key Leadership
Corporate Events
RATNAMANI Share Price: Frequently Asked Questions
What is the current share price of Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd (RATNAMANI) trades at ₹2374.30 on NSE and BSE. Market cap ₹18.25K (Cr). Educational data only.
What is the P/E ratio of Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd has a P/E of 37.27x vs industry average 22.88x.
What is the Bull Run score for Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd has a Bull Run score of 45.6/100 based on 25+ financial parameters.
Does Ratnamani Metals & Tubes Ltd pay dividends?
Ratnamani Metals & Tubes Ltd has a dividend yield of 0.38%. Past dividends don't guarantee future payments.
What is the ROE of Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd has ROE of 12.64%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ratnamani Metals & Tubes Ltd?
Ratnamani Metals & Tubes Ltd has debt-to-equity of 0.08.
Is Ratnamani Metals & Tubes Ltd a good investment?
Bull Run gives Ratnamani Metals & Tubes Ltd a score of 45.6/100. This is not investment advice — consult a SEBI-registered advisor.