NSE
RATNAMANI

Ratnamani Metals & Tubes Limited

Steel
Basic Materials

Prices are adjusted according to historical splits.

Ratnamani Metals & Tubes Limited Stock Price

Vitals

Today's Low:
₹2645.3501
Today's High:
₹2783.95
Open Price:
₹2752
52W Low:
₹1797.8081
52W High:
₹2700
Prev. Close:
₹2791.1499
Volume:
4470

Company Statistics

Market Cap.:
₹182.19 billion
Book Value:
371.498
Revenue TTM:
₹46.73 billion
Operating Margin TTM:
16.32%
Gross Profit TTM:
₹15.15 billion
Profit Margin:
11.93%
Return on Assets TTM:
12.84%
Return on Equity TTM:
20.81%

Company Profile

Ratnamani Metals & Tubes Limited had its IPO on under the ticker symbol RATNAMANI.

The company operates in the Basic Materials sector and Steel industry. Ratnamani Metals & Tubes Limited has a staff strength of 2,637 employees.

Stock update

Shares of Ratnamani Metals & Tubes Limited opened at ₹2752 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹2645.35 - ₹2783.95, and closed at ₹2742.2.

This is a -1.75% slip from the previous day's closing price.

A total volume of 4,470 shares were traded at the close of the day’s session.

In the last one week, shares of Ratnamani Metals & Tubes Limited have increased by +0.53%.

Ratnamani Metals & Tubes Limited's Key Ratios

Ratnamani Metals & Tubes Limited has a market cap of ₹182.19 billion, indicating a price to book ratio of 5.6767 and a price to sales ratio of 3.5773.

In the last 12-months Ratnamani Metals & Tubes Limited’s revenue was ₹46.73 billion with a gross profit of ₹15.15 billion and an EBITDA of ₹8.45 billion. The EBITDA ratio measures Ratnamani Metals & Tubes Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ratnamani Metals & Tubes Limited’s operating margin was 16.32% while its return on assets stood at 12.84% with a return of equity of 20.81%.

In Q2, Ratnamani Metals & Tubes Limited’s quarterly earnings growth was a positive 55.2% while revenue growth was a positive 20.3%.

Ratnamani Metals & Tubes Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
32.5966
PEG

Its diluted EPS in the last 12-months stands at ₹79.74 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ratnamani Metals & Tubes Limited’s profitability.

Ratnamani Metals & Tubes Limited stock is trading at a EV to sales ratio of 3.559 and a EV to EBITDA ratio of 21.9495. Its price to sales ratio in the trailing 12-months stood at 3.5773.

Ratnamani Metals & Tubes Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0.46% and a payout ratio of 15.04%.

Balance sheet and cash flow metrics

Total Assets
₹37.80 billion
Total Liabilities
₹8.61 billion
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
15.04%

Ratnamani Metals & Tubes Limited ended 2024 with ₹37.80 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹37.80 billion while shareholder equity stood at ₹26.04 billion.

Ratnamani Metals & Tubes Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹8.61 billion in other current liabilities, 140184000.00 in common stock, ₹25.90 billion in retained earnings and ₹186.40 million in goodwill. Its cash balance stood at ₹25000.00 and cash and short-term investments were ₹2.03 billion. The company’s total short-term debt was ₹0 while long-term debt stood at ₹572.36 million.

Ratnamani Metals & Tubes Limited’s total current assets stands at ₹25.33 billion while long-term investments were ₹0 and short-term investments were ₹1.69 billion. Its net receivables were ₹10.09 billion compared to accounts payable of ₹3.74 billion and inventory worth ₹12.59 billion.

In 2024, Ratnamani Metals & Tubes Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Ratnamani Metals & Tubes Limited paid ₹0.15 in dividends in 2024.

Other key metrics

Current Trading Price
₹2742.2
52-Week High
₹2700
52-Week Low
₹1797.8081
Analyst Target Price

Ratnamani Metals & Tubes Limited stock is currently trading at ₹2742.2 per share. It touched a 52-week high of ₹2700 and a 52-week low of ₹2700. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹2577.9 and 200-day moving average was ₹2236.79 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6662.8% of the company’s stock are held by insiders while 2665.9% are held by institutions.

Frequently Asked Questions About Ratnamani Metals & Tubes Limited

The stock symbol (also called stock or share ticker) of Ratnamani Metals & Tubes Limited is RATNAMANI

The IPO of Ratnamani Metals & Tubes Limited took place on

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About

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. In addition, the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions, such as food grade epoxy / polyurethane / coal tar epoxy / cement lining, and other prevalent coatings. Further, it is also involved in the generation of power by windmills. The company serves oil and gas, thermal, chemical and fertilizer, LNG, desalination, aerospace, chillers and cooling system, pulp and paper, automobile, refinery, solar and nuclear power, petrochemical, dairy, and defense industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

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