Ratnamani Metals & Tubes Ltd Stock Price Today (NSE: RATNAMANI)

Ratnamani Metals & Tubes Ltd

2587.30+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Ratnamani Metals & Tubes Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ratnamani Metals & Tubes Ltd share price today is 2587.30, up +0.00% on NSE/BSE as of 19 June 2026. Ratnamani Metals & Tubes Ltd (RATNAMANI) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of 16.67K (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 27.49x, RATNAMANI is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 16.01% and a debt-to-equity ratio of 0.06.

Ratnamani Metals & Tubes Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
3345.00
Low
2442.50
Volume
73.1K
Change
-3.96%

Ratnamani Metals & Tubes Ltd share price chart: -3.96% return over the past month. 52-week high ₹3345.00, 52-week low ₹1936.50.

Ratnamani Metals & Tubes Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2598.702609.802556.102587.3015.90K (Cr)
2550.002630.002539.602583.6026.74K (Cr)
2567.002608.102528.102537.8031.32K (Cr)
2549.902621.702520.502564.1027.76K (Cr)
2528.002553.802505.702528.8025.62K (Cr)
2500.002555.002463.302539.8029.43K (Cr)
2470.402563.802442.502532.9048.06K (Cr)
2560.002616.402442.502466.401.64L (Cr)
2888.602899.602678.902693.4065.60K (Cr)
2850.002954.702850.002888.6099.98K (Cr)

Ratnamani Metals & Tubes Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
2655.203345.002442.502587.30-2.56%
2245.502783.402148.002645.00+17.79%
2342.002460.002150.002201.80-5.99%
2121.002582.001936.502456.00+15.79%
2392.902399.901943.502216.70-7.36%
2392.502467.002289.002380.50-0.50%
2422.002500.002278.402372.50-2.04%
2404.002771.902270.002424.80+0.87%
2378.152507.002342.202410.50+1.36%
2625.102699.902256.002378.15-9.41%
2950.003050.002625.002648.70-10.21%
2849.302940.902750.002930.80+2.86%

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.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - 1M: -1.84%, 3M: -0.05%, 6M: -16.27%Expensive - P/E of 27.49x vs Industry P/E of 22.05x

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.

Why Now
  • Capacity expansion coming online
  • Strong subsidiary performance
  • Government infrastructure push
Potential Catalysts
  • Significant order wins in water or oil & gas
  • Sharp increase in steel prices
  • Faster-than-expected commissioning of new capacities
Key Risks
  • Q3 revenue miss
  • Valuation premium
  • Steel price volatility
Institutional Activity

FII decreased holdings by 0.13% and DII decreased holdings by 0.39%

Macro Context

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.

Order Book / Expansion

New Carbon Steel HSAW Spiral Pipe Facility in Kutch is projected for June 2026.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹695.35 Cr

3–6 Month Outlook

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

Average

Return on Equity (ROE)

16.01%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

21.51%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

16.82%

Average operating profit margin over 5 years

Dividend Yield

0.59%

Annual dividend as % of current share price

Ratnamani Metals & Tubes Ltd Valuation Check

Poor

Price to Earnings (P/E)

27.49x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

59.77%

% shares held by company founders/management

Good

FII Holding

11.15%

% shares held by foreign institutional investors

Good

DII Holding

18.79%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

35.69%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

22.69%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

14.94%

Compounded annual revenue growth over 5 years

Good

EPS Growth (5-Year CAGR)

12.03%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

12.03%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.06x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

27.39x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

695.35 (Cr)

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

12 factors identified

Strong Return on Equity (16.01%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (21.51%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (16.82%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (35.69%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (22.69%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (14.94% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.06)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (27.39x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹695.35 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: 29.94%)

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

0 factors identified

No significant concerns identified in current analysis.

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

11 companies
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
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
887
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
58.9/100
291
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
675
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
470
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
224
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
101
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%
68.6/100
240
₹5747.74
17.5
Average
14.88%
Average
20.70%
Excellent
0.1
Excellent
27.51%
Excellent
6.34%
Good
1.61%

Ratnamani Metals & Tubes Ltd PE Ratio History

Historical price-to-earnings ratio for RATNAMANI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202577.25₹2380.5030.8x
FY 202489.18₹3178.2535.6x
FY 202372.83₹3363.2546.2x
FY 202246.03₹1956.0542.5x

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 0.59%

Financial YearDividends Paid (₹ Cr)
FY 202598.13 Cr
FY 202484.11 Cr
FY 202365.42 Cr
FY 202265.42 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)

22.69%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

35.69%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

14.94%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

12.03%

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

39RSI 14
Neutral — RSI 39

Momentum is balanced — neither overbought nor oversold.

SMA 50
2492
▲ Price above SMA 50 — Short-term bullish
SMA 200
2377
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
65K shares/day
Average daily traded volume over last 30 trading sessions

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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Fetching financial data for Ratnamani Metals & Tubes Ltd

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

Symbol:RATNAMANI
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Prakash Mishrimal Sanghvi
Chairman & MD
Mr. Jayantilal Mishrimal Sanghvi B.Com
Joint MD & Executive Director
Mr. Shantilal Mishrimal Sanghvi
Whole Time Director

Corporate Events

Upcoming
Earnings Date
Recent
Ex-Dividend Date

RATNAMANI Share Price: Frequently Asked Questions

What is the current share price of Ratnamani Metals & Tubes Ltd?

Ratnamani Metals & Tubes Ltd (RATNAMANI) trades at ₹2587.30 on NSE and BSE. Market cap ₹16.67K (Cr). Educational data only.

What is the P/E ratio of Ratnamani Metals & Tubes Ltd?

Ratnamani Metals & Tubes Ltd has a P/E of 27.49x vs industry average 22.05x.

What is the Bull Run score for Ratnamani Metals & Tubes Ltd?

Ratnamani Metals & Tubes Ltd has a Bull Run score of 68/100 based on 25+ financial parameters.

Does Ratnamani Metals & Tubes Ltd pay dividends?

Ratnamani Metals & Tubes Ltd has a dividend yield of 0.59%. Past dividends don't guarantee future payments.

What is the ROE of Ratnamani Metals & Tubes Ltd?

Ratnamani Metals & Tubes Ltd has ROE of 16.01%. 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 0.06.

Is Ratnamani Metals & Tubes Ltd a good investment?

Bull Run gives Ratnamani Metals & Tubes Ltd a score of 68/100. This is not investment advice — consult a SEBI-registered advisor.