Ratnamani Metals & Tubes Limited
NSE: RATNAMANIMarket Closed • NSE
Day range
52 week range
Ratnamani Metals & Tubes Limited closed at INR2523.60 (+0.99%) on volume 0.69x its 20-day average, trading 24.56% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved -4.7% QoQ
2026-08-11
DIVIDEND Announced
Dividend - Rs 10 Per Share
2025-09-02
DIVIDEND Announced
Dividend - Rs 14 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Low Debt Profile: Debt-to-Equity is comfortable at 0.08x
High Cash Flow Conversion: CFO/PAT averaged 1.2x over last 3 years
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 11 Aug 2026 | Dividend | ₹10.00 / share | — | 11 Aug 2026 |
| 02 Sept 2025 | Dividend | ₹14.00 / share | — | 02 Sept 2025 |
| — | Dividend | ₹14.00 / share | — | 20 Aug 2024 |
| — | Dividend | ₹12.00 / share | — | 27 Jul 2023 |
| — | Dividend | ₹9.33 / share | — | 01 Aug 2022 |
| 01 Jul 2022 | Bonus issue | 1:2 bonus ratio | — | 30 Jun 2022 |
| — | Dividend | ₹14.00 / share | — | 17 Sept 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Aug 2020 |
| 18 Mar 2020 | Dividend | ₹12.00 / share | — | 17 Mar 2020 |
| — | Dividend | ₹9.00 / share | — | 01 Aug 2019 |
| — | Dividend | ₹6.00 / share | — | 01 Aug 2018 |
| — | Dividend | ₹5.50 / share | — | 04 Sept 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 12 Aug 2016 |
| 19 Mar 2016 | Dividend | ₹5.50 / share | — | 17 Mar 2016 |
| — | Dividend | ₹5.50 / share | — | 15 Sept 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.14L | 36.80 | 2.30% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.85L | 11.52 | 0.60% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.30L | 13.46 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 47.08 | 1.19% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.17L | 19.64 | 2.33% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.00L | 12.21 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.96L | 34.47 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.88 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
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 include seamless heat exchanger tubes, boiler tubes, instrumentation tubes, seamless pipes, heater pipes, seamless integral low-finned tubes, hollow bars, and coil tubes; and welded tubes and pipes, such as titanium welded tubes, seam-welded integral low, finned tubes, coil tubes, square and rectangular pipes, stainless steel 3lpe / pp /, and aro coated pipes. It also provides nickel alloy seamless heat exchanger and instrumentation tubes, and nickel alloy seamless pipes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers pipe coating solutions comprising external three-layer polyethylene/polypropylene coating and single/dual-layer fusion bonded epoxy coating; and internal coating solutions, such as internal liquid epoxy and cement mortar lining coatings. Further, it is involved in the generation of power from windmills. The company offers its products for various industries and applications, such as oil and gas exploration, LNG, food and dairy, fertilizer plants, thermal, solar and nuclear plants, defence, automobile, chemical, power plants, CNG, sugar, pulp and paper, petrochemicals and refineries, atomic energy, aerospace, desalination plants, pharmaceutical, marine, cross-country pipeline for gas and water, pipes for engineering purpose, booster compressors and dispensers, water distribution pipelines, plumbing and heating, city gas distribution, structural pipe systems, sewerage, dredging pipes, mining pipes, air duct pipes, high mast pipes for windmill towers, and general purpose applications. The company was incorporated in 1983 and is headquartered in Ahmedabad, India.
IndiaBasic Materials
Is Ratnamani Metals & Tubes Limited Shariah compliant?
Ratnamani Metals & Tubes Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.8%) complies with AAOIFI threshold (≤ 33%).
What is Ratnamani Metals & Tubes Limited's current valuation relative to peers?
Ratnamani Metals & Tubes Limited trades at a P/E of 40.9x compared to the sector median of 21.4x, and a Price-to-Book of 4.3x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.08x. Interest coverage is 20x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.