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Ratnamani Metals and Tubes Ltd

Fri 25/04/2025,15:59:1 | NSE : RATNAMANI

₹ 2678.90-21.10 (-0.78%)

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Market Data

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Open

₹ 2700.00

Previous Close

₹ 2700.00

Volume

20444

Mkt Cap ( Rs. Cr)

₹18776.95

High

₹ 2700.80

Low

₹ 2635.80

52 Week High

₹ 3978.50

52 Week Low

₹ 2343.05

Book Value Per Share

₹ 469.80

Dividend Yield

0.52

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Ratnamani Metals and Tubes Ltd

Your Vote -

Buy

55.81%

Hold

36.05%

Sell

8.14%

55.81%

86 users have voted

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

2678.90

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Bid Total

1

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Ratnamani Metals - Copy of Newspaper Publication

    25 Apr 2025, 6:53PM Ratnamani Metals & Tubes Limited has informed the Exchange about Copy of Newspaper Publication
  • Ratnamani Metals - Disclosure under SEBI Takeover Regulations

    15 Apr 2025, 8:38PM Shanti M Sanghvi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial
  • Ratnamani Metals - Acquisition-XBRL

    10 Apr 2025, 7:36PM RATNAMANI METALS & TUBES LIMITED has informed the Exchange regarding Acquisition
  • Ratnamani Metals - Agreements,Contracts,Arrangements,MOU-XBRL

    10 Apr 2025, 7:33PM RATNAMANI METALS & TUBES LIMITED has informed the Exchange regarding Joint venture agreements
  • Ratnamani Metals - Updates

    10 Apr 2025, 7:30PM Ratnamani Metals & Tubes Limited has informed the Exchange regarding 'Intimation of entering into Joint Venture Agreement'.
  • Ratnamani Metals - Memorandum of Understanding/Agreements

    10 Apr 2025, 7:28PM Ratnamani Metals & Tubes Limited has informed the Exchange about Memorandum of Understanding/Agreements
  • Ratnamani Metals - Announcement under Regulation 30 (LODR)-Joint Venture

    10 Apr 2025, 7:14PM INTIMATION FOR ENTERING INTO JOINT VENTURE AGREEMENT.
  • Ratnamani Metals - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

    10 Apr 2025, 7:11PM INTIMATION OF ENTERING INTO JOINT VENTURE AGREEMENT
  • Ratnamani Metals has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    8 Apr 2025, 6:51PM As of March 2025, 59.77% is owned by Indian Promoters and 40.23% by Public. <p align=justify> Institutional holds 30.43% (Insurance Companies 0.09%) a
  • Ratnamani Metals - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    5 Apr 2025, 5:07PM Ratnamani Metals & Tubes Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Ratnamani Metals - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    5 Apr 2025, 5:00PM Certificate under Regulation 74(5) of SEBI (DP) Regulations.
  • Ratnamani Metals - Trading Window-XBRL

    25 Mar 2025, 12:24PM RATNAMANI METALS & TUBES LIMITED has informed the Exchange about Closure of Trading Window
  • Ratnamani Metals - Trading Window

    25 Mar 2025, 12:16PM Ratnamani Metals & Tubes Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu
  • Ratnamani Metals - Copy of Newspaper Publication

    14 Feb 2025, 11:29AM Ratnamani Metals & Tubes Limited has informed the Exchange about Copy of Newspaper Publication
  • Ratnamani Metals Q3 net profit up 8.24% at Rs 145.55 cr

    12 Feb 2025, 6:30PM The company reported standalone net profit of Rs 145.55 crore for the quarter ended December 31, 2024 as compared to Rs 134.47 crore in the same perio
  • Ratnamani Metals - Integrated Filing- Financial

    12 Feb 2025, 6:26PM Integrated Filing (Financials) for the quarter and nine months ended on December 31, 2024
  • Ratnamani Metals - Integrated Filing (Financial)

    12 Feb 2025, 6:22PM Integrated Filing (Financials)
  • Ratnamani Metals - Outcome of Board Meeting

    12 Feb 2025, 5:53PM Ratnamani Metals & Tubes Limited has informed the Exchange regarding Board meeting held on February 12, 2025.
  • Ratnamani Metals - Financial Result Updates

    12 Feb 2025, 5:49PM Ratnamani Metals & Tubes Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Ratnamani Metals - Board Meeting Outcome for Submission Of The Unaudited Financial Results (Standalone And Consolidated) Alon

    12 Feb 2025, 5:56PM Board Meeting Outcome
  • Ratnamani Metals - Submission Of The Unaudited Financial Results (Standalone And Consolidated) Along With The Limited Review

    12 Feb 2025, 5:46PM Outcome of the Board Meeting - Results - Q3 - 2024-25.
  • Ratnamani Metals - Trading Window

    27 Jan 2025, 6:35PM Ratnamani Metals & Tubes Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu
  • Ratnamani Metals - Trading Window-XBRL

    27 Jan 2025, 5:58PM RATNAMANI METALS & TUBES LIMITED has informed the Exchange about Closure of Trading Window
  • Ratnamani Metals - Board Meeting Intimation

    27 Jan 2025, 5:56PM RATNAMANI METALS & TUBES LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2025 to inter-alia consider and approve the Unaudi
  • Ratnamani Metals & Tubes

    11 Apr 2025 , 9:37AM Company forms JV with Saudi Electric Supply Company Ltd (SESCO). The purpose of the proposed JV Company is to provide the critical tubing solutions to the consumers in the Kingdom of Saudi Arabia (KSA) / Gulf Co-operation Council (GCC) Countries and even to the rest of the world on opportunities basis. The JV shall also fulfil the objective of manufacturing seamless products locally, which are presently being imported by the consumers of KSA / GCC. It would help RMTL to develop its local presence, branding and superior servicing to KSA / GCC Customers. Positive
  • Ratnamani Metals and Tubes

    20 Dec 2023 , 12:08PM Ratnamani Metals and Tubes: Company has executed a Joint Venture / Shareholders Agreement with Technoenergy AG, Switzerland for trading of stainless-steel products in Europe. The purpose of the proposed JV Company is to become the exclusive trading house to import and distribute various categories of stainless-steel products in Europe, which are manufactured by RMTL under its brand. It would help RMTL to develop its local presence, branding, superior servicing to European customers and also to meet the faster delivery commitments by maintaining the stock of its key products. Positive for the stock as it provides growth opportunities in new regions.
  • Stock update – Ratnamani Metals Q2FY24 result review

    6 Nov 2023 , 1:25PM Stock update – Ratnamani Metals Q2FY24 result review: Stellat Q2; order book brightens growth outlook
  • Ratnamani Metals bags new orders worth Rs. 262.5 cr

    6 Dec 2022 , 11:58AM Receives new order aggregating to Rs. 262.52 crores
  • Ratnamani Metals & Tubes

    6 Oct 2022 , 10:48AM The company has entered into a definitive agreement for subscription & acquisition of equity shares of Ravi Technoforge Private Ltd (RTL – FY22 revenue/EBITDA/PAT of Rs281 crore/Rs36 crore/Rs10 crore) from existing shareholders in three tranches over a period bases on performance and other conditions. The first tranche of 53% stake would be done at purchase consideration of Rs98 crore (valuing RTL at Rs185 crore). RTL manufactures high precision forged and tuned bearing rings, gears and other similar components having uses in industrial and automotive application. We believe that RTL acquisition would add a new growth driver for Ratnamani Metals in the long term and is positive for the stock.
  • Ratnamani Metals bags orders worth Rs. 1,186 cr

    22 Aug 2022 , 10:47AM Receive new Orders aggregating to Rs. 1,186.00 crore
  • Ratnamani Metals bags orders worth Rs. 203 cr

    17 Jun 2022 , 12:29PM Bags orders worth Rs. 203 crore
  • Ratnamani Metal board Oks 1:2 bonus issue

    19 May 2022 , 10:19AM Board approves issuing one bonus share for two equity shares held
  • Ratnamani Metals hogs limelight

    22 Mar 2022 , 12:22PM Ratnamani Metals & Tubes surges over 8% to Rs. 2,489.5
  • Ratnamani Metals & Tubes

    10 Dec 2021 , 2:31PM Ratnamani Metals & Tubes: The Company has received new domestic orders aggregating to Rs.137 crore and new export orders aggregating to Rs.53 crore from the Oil & Gas and Power Sectors. The orders will be executed between February 2022 to May 2023. Improving order intake is positive for the stock.
  • Ratnamani Metals bags new order worth Rs. 189.68 crore

    10 Dec 2021 , 2:14PM Ratnamani Metals & Tubes receives new orders for the supply of tubes & pipes
  • Stock update – Ratnamani Metals & Tubes

    6 Dec 2021 , 10:50AM Stock update – Ratnamani Metals & Tubes: Rising order inflow boosts growth prospects
  • Ratnamani Metals gains receiving new order

    30 Nov 2021 , 10:34AM Intimation for receipt of new domestic orders of Rs. 297.87 crore
  • Ratnamani Metals & Tubes

    30 Nov 2021 , 9:11AM Ratnamani Metals & Tubes Limited: The company has received new domestic orders aggregating to Rs.298 crore from the Oil & Gas Sector and the same will be executed between February 2022 to January 2023. Positive for the stock.
  • Ratnamani Metals wins order from Oil & Gas sector

    8 Oct 2021 , 12:26PM Receives new order worth Rs. 98 crore
  • Ratnamani Metals & Tubes

    8 Oct 2021 , 10:21AM The company has received a new order of Rs 98 crore for the supply of carbon steel pipes from the domestic oil and gas sector and the order would be executed in 5 to 12 months. Recently, the company had also announced an order win of Rs144 crore and the same indicates uptick in order intake activity especially from oil & gas space and the same is positive for Ratnamani Metals & Tubes. We have Buy rating on the stock.
  • Ratnamani Metals bags domestic order of Rs 148.95 cr

    8 Sep 2021 , 1:55PM Receives domestic order of Rs. 148.95 crore for supply of Carbon Steel Line pipes
  • Ratnamani Metals & Tubes – Stock update

    4 Jun 2021 , 10:06AM Ratnamani Metals & Tubes – Stock update (Q4FY21 results): Comeback Q4; revenue guidance upbeat
  • Ratnamani Metals & Tubes Q4FY21 Results

    3 Jun 2021 , 10:03AM Strong order execution led to sharp 88%/86% beat in EBITDA/PAT at Rs159 crore/Rs109 crore; up 64%/62% y-o-y; significant margin improvement of 744 bps y-o-y to 22.8%
  • Ratnamani Metals bags order from oil & gas sector

    2 Jun 2021 , 11:58AM Ratnamani Metals bags order of Rs. 81.79 crore for Carbon Steel pipes from oil & gas sector, to be executed between September, 2021 to March, 2022
  • Ratnamani Metal up on winning order

    12 Apr 2021 , 2:47PM Receives a domestic order of Rs 594 crore for coated carbon steel pipes
  • Ratnamani Metals & Tubes

    12 Apr 2021 , 12:14PM The company has received an order of Rs594 crore for coated carbon steel pipes from Oil and Gas Sector, which will be executed between September 2021 to July 2022. With this, we estimate company order book position to improve to Rs1686 crore and drive growth over FY2022-FY2023. We have Buy rating on Ratnamani Metals & Tubes Limited.
  • Ratnamani Metals & Tubes Q3FY21 Results

    3 Feb 2021 , 9:44AM Ratnamani Metals & Tubes Q3FY21 Results – Revenue miss, margins beat estimates
  • Ratnamani Metals gets order from Oil and Gas Sector

    16 Dec 2020 , 10:46AM Ratnamani Metals bags order of Rs. 105 cr in carbon steel division of the company
  • Ratnamani Metals & Tubes

    13 Nov 2020 , 3:38PM Ratnamani Metals: Company has received a Domestic Order of Rs.140.00 Crores in Carbon Steel Division for the supply of CS pipes for Oil & Gas sector. This order to be executed between January 2021 and May 2021 – Positive, management indicated a large order would be received from Barmer refineries in the month of November. The company had order book of Rs. 1178 crore as of October 1, 2020. We have assumed company would generate around Rs. 1092 crore of revenue in H2FY2021. With this orderbook, we believe company could able to achieve its own revenue guidance of Rs. 2,100 – Rs. 2,300 crore for FY2021
  • Ratnamani Metals & Tubes Q2FY21 Results

    4 Nov 2020 , 10:10AM Ratnamani Metals & Tubes Q2FY21 Results – Largely in-line revenue, margins beat estimates
  • Ratnamani Metals & Tubes

    28 Sep 2020 , 1:53PM The Company has received a Domestic Order of Rs. 216 Crores in Carbon Steel Division of the Company for the supply of coated CS Pipes for Oil & Gas Sector to be executed between January, 2021 to January, 2022 – positive read-thru
  • Ratnamani Metals bags domestic order worth Rs. 216 crore

    28 Sep 2020 , 11:24AM Ratnamani Metals bags domestic order of Rs. 216 crore in Carbon Steel Division
  • Ratnamani Metals & Tubes

    14 Sep 2020 , 10:51AM Ratnamani Metals announced that it received a domestic order worth Rs 90 crore in carbon steel division of the company for supplying coated CS pipes for oil & gas sector; the order is to be completed between December 2020 to April 2021 – positive read-thru
  • Ratnamani Metals & Tubes

    7 Sep 2020 , 9:59AM The Company has received two Domestic Orders aggregating to Rs.190 Crores in Carbon Steel Division of the Company for the supply of coated CS Pipes for Oil & Gas Sector to be completed between December, 2020 to June, 2021 – positive read-thru
  • Ratnamani Metals & Tubes

    12 Aug 2020 , 9:42AM Ratnamani Metals & Tubes Q1FY2021 Results: Mixed quarter
  • Ratnamani Metals & Tubes

    24 Jul 2020 , 11:27AM The company has stated that the rating agency CRISIL has reaffirmed long term rating at CRISIL AA/ Stable and short term rating at CRISIL A1+ for the company bank loan facilities totalling Rs 2200 crores.
  • GAIL (India), Ratnamani Metals

    2 Jul 2020 , 9:06AM As per media reports, the government is looking at rationalisation of gas transmission tariff (for zonal tariff) with focus to move to unified gas transmission tariff and expand gas grids to new markets in eastern and north-eastern India. The focus on expanding gas infrastructure (with $60 billion spending including gas pipelines) is expected to create new gas demand centres and help increase share of gas in India’s overall energy mix (target to increase to 15% by 2025 from 6% currently). The rationalisation of transmission tariff and potential improvement in demand would benefit GAIL and is also positive for metal piping companies like Ratnamani Metals. We have Positive view on GAIL (India) and Buy rating on Ratnamani Metals.
  • Ratnamani Metals & Tubes Ltd

    18 Jun 2020 , 10:49AM Ratnamani Metals: Q4FY2020 result Update: Stable quarter, focus shifts to FY2022E
  • Ratnamani Metal & Tubes

    17 Jun 2020 , 10:57AM Ratnamani Metals & Tubes Q4FY20 Results first cut – In-line revenue, margins beat estimates
  • Ratnamani Metals & Tubes

    2 Jun 2020 , 10:52AM The company has stated that it has received orders from stainless steel for Rs 35 crores in domestic market and for Ra 22 crores in exports. The orders are expected to be completed by January 2021 - Positive read through
  • Ratnamani Metals

    7 Apr 2020 , 9:39AM Ratnamani Metals: Company update: Rattled by Corona, but not for long
  • Ratnamani Metal & Tubes

    1 Apr 2020 , 10:29AM Ratnamani Metals& Tubes: COVID-19 impact concall highlights: Lowered revenue guidance owing to Covid-19 outbreak
  • Ratnamani Metals & Tubes

    6 Feb 2020 , 11:41AM Ratnamani Metals & Tubes Q3FY2020 Results: Revenue beat, margin below expectation
  • Ratnamani Metals bags order worth Rs. 81 crore

    23 Dec 2019 , 3:29PM Receives new domestic order of Rs. 81 crore in Carbon Steel Division of the Company
  • Ratnamani Metals & Tubes

    23 Dec 2019 , 2:08PM The company has stated that it has received a new domestic order of Rs 81 crore for supply of coated CS pipes for an oil & gas pipeline project which is to be completed between April 2020 to September 2020 – Positive read through
  • Ratnamani Metals gets two major order in CS Division

    20 Dec 2019 , 1:17PM Ratnamani Metals bags order worth Rs. 124 crore
  • Ratnamani Metals & Tubes

    31 Oct 2019 , 10:25AM Ratnamani Metals & Tubes: Stock Update: Q2FY2020 Result: Capex to boost performance in FY2021
  • Ratnamani Metals and Tubes

    29 Oct 2019 , 10:42AM Ratnamani Metals and Tubes Q2FY2020 result first cut: Ahead of estimates, order book remains healthy
  • Ratnamani Metals and Tubes Q1FY20 result update

    9 Aug 2019 , 10:42AM Ratnamani Metals and Tubes Q1FY20 result update: Mixed quarter, healthy order backlog
  • Ratnamani Metals & Tubes receives order worth Rs. 250 crore

    10 Jun 2019 , 1:05PM Ratnamani Metals & Tubes receives order for supply of CS Coated Pipes from Oil & Gas Sector valued Rs. 250 crore
  • Ratnamani Metals gets order worth Rs. 255.1 crore

    8 May 2019 , 11:54AM Ratnamani Metals bags new order worth Rs 255 crore for supply of coated CS pipes
  • Ratnamani Metals and Tubes gets new domestic orders

    10 Apr 2019 , 2:38PM The Company receives new domestic orders aggregating to approx. Rs. 156.00 crore
  • Ratnamani Metals gets order for supply of CS Coated Pipes

    18 Mar 2019 , 11:14AM The Company has received new domestic order of Rs. 298.00 crore
  • Ratnamani Metals & Tubes posts good Q3 quarter

    31 Jan 2019 , 9:24AM Ratnamani Metals & Tubes Q3FY2019 Results First Cut – Good Quarter
  • Ratnamani Metals & Tubes gets domestic order of Rs. 200 crore

    18 Jan 2019 , 3:15PM New domestic order for supply of Coated CS Pipes for Oil & Gas Sector
  • Ratnamani bags order to supply CS pipes

    12 Nov 2018 , 11:10AM Ratnamani Metals bags fresh order for supply in the oil & gas sector
  • Ratnamani Metals and Tubes Q2FY19 Results Update

    5 Nov 2018 , 10:51AM Ratnamani Metals and Tubes Q2FY19 Results Update - Strong performance continues, beat estimates on all fronts
  • Ratnamani Metals gets order worth Rs155 cr

    20 Aug 2018 , 12:31PM Ratnamani Metals reeceived orders of Rs155 crore for supply of CS pipes – positive read-thru
  • Ratnamani Metal Q1FY2019 Result Update

    10 Aug 2018 , 12:47PM Ratnamani Metal Q1FY2019 Result Update - Stellar quarter, Outlook remains robust
  • Ratnamani Metals and Tubes Q1FY19 result update

    9 Aug 2018 , 11:31AM Ratnamani Metals and Tubes Q1FY19 result update: Stellar quarter
  • Ratnamani Metals & Tubes miss margins in Q3FY18

    20 Feb 2018 , 1:04PM Ratnamani Metals & Tubes (RMTL) reported in-line revenue performance of 47.6% growth at Rs. 535.6 crore, driven by 54% and 22% y-o-y growth in carbon steel (CS) and stainless steel (SS) volumes, respectively. On realisation front, CS division’s realisation per tonne improved 14% y-o-y, while SS division’s realisation per tonne dropped 15% y-o-y during Q3FY2018.
  • Ratnamani Metals reports decent Q3FY18 result

    12 Feb 2018 , 4:03PM Revenue beats, margins missed the mark for Ratnamani Metals and Tubes.
  • Ratnamani Metals & Tubes has robust earnings visibility

    4 Jan 2018 , 11:51AM We maintain our Buy rating with a revised price target of Rs1,250.
  • Ratnamani Metals Q2 results report weak quarter

    13 Nov 2017 , 2:25PM Ratnamani Metals & Tubes: Q2FY18 Result update - Strong growth revival ahead
  • Ratnamani Metals Q1FY18 result update: Weak quarter

    14 Aug 2017 , 9:29AM For Q1FY18, RML (Ratnamani Metals and Tubes) has reported 11% YoY drop in the revenues to Rs317.6 crore, below our estimates. This was mainly on account of 11.2% YoY decline in steel, tubes & pipes segment.
  • Ratnamani Metals secures order for 80,000 MT carbon steel pipes

    9 Aug 2017 , 8:56AM Ratnamani Metals received a new domestic order of 80,000 MT for the supply of Carbon Steel Coated pipes, positive for the stock.
  • Ratnamani Metals bags $29.0 million export order

    3 Aug 2017 , 12:21PM Ratnamani Metals has secured a new export order of $29.0 million.
  • Ratnamani Metals bags order worth Rs339 cr

    25 Jul 2017 , 9:50AM Ratnamani Metals secures two new order for supply of HSAW Pipes aggregating to Rs339.0 crores

Key fundamentals

Evaluate the intrinsic value of Ratnamani Metals and Tubes Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 3266.4597 2849.2059 2395.2167 2132.8497 1928.1244
Liabilities 3266.4597 2849.2059 2395.2167 2132.8497 1928.1244
Equity 14.0184 14.0184 9.3456 9.3456 9.3456
Gross Profit 874.0371 762.0953 494.7078 399.7223 426.4727
Net Profit 608.6056 514.0317 322.3925 275.8998 307.4968
Cash From Operating Activities 489.4606 317.388 -271.7402 545.2456 215.3951
NPM(%) 12.66 11.76 10.27 12 11.89
Revenue 4806.7726 4370.0338 3138.7772 2298.1315 2585.676
Expenses 3932.7355 3607.9385 2644.0694 1898.4092 2159.2033
ROE(%) 18.48 15.61 9.79 8.37 9.33

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Aug 2024 14 700 0.52 3146.95
27 Jul 2023 12 600 0.52 2239.75
01 Aug 2022 9.33 466.66 0.52 2499.05
17 Sep 2021 14 700 0.52 1944.75
17 Mar 2020 12 600 0.52 1315.65
01 Aug 2019 9 450 0.52 979.7
01 Aug 2018 6 300 0.52 1002.85
04 Sep 2017 5.5 275 0.52 768.5
17 Mar 2016 5.5 275 0.52 427.25
15 Sep 2015 5.5 275 0.52 669.35
04 Sep 2014 4.5 225 0.52 310.55
01 Aug 2013 4 200 0.52 149.8
13 Sep 2012 3 150 0.52 97.15
04 Aug 2011 2.5 125 0.52 118
18 Aug 2010 2.2 110 0.52 120.1
03 Sep 2009 1.8 90 0.52 78.25
11 Sep 2008 7 70 0.52 856.15
23 Aug 2007 5 50 0.52 883.5
31 Aug 2006 2.5 25 0.52 299.65

Peers

Other companies within the same industry or sector that are comparable to Ratnamani Metals and Tubes Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 134.00 -0.70 0.00 164.28 84.41 0.00
Vaswani Industries Ltd 43.36 -7.07 13.99 8038.50 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.65 44002.75 361.87 1.22
Prakash Steelage Ltd 6.84 -3.25 3.32 46891.25 330.78 0.00

Company Info

The company was incorporated on 15th September, 1983 as a small scale industrial undertaking under the name of Ratnamani Metals & Tubes Pvt. Ltd., it became a Deemed Public Company with effect from 1.7.1989 by the virtue of the provisions of Section 43A (IA) of the Act. Another small scale unit under the name of Tartnamani Tube Industries Pvt. Ltd., was set up by the same promoters in the year 1985, which also became a Deemed Public Company w.e.f 1.7.1990 by virtue of the provisions of Section 43A (IA) of the Act. At the Annual General Meeting held on 18.7.1992 Special Reoslution was passed deleting the restrictions mentioned in Section 3 of the Act. Both the Companies were converted into medium scale units through implementation expansion programme within 2-3 years from the date of establishment and were awarded COB Industrial Licence No.IL/41 (89) dated 7.7.1989 and IL/7/(91) dated 12.2.1992. As per the order of Hon'ble High Court of Gujarat dated 24/12/1991 M/s.Ratnamani Tube Industries Limited amalgamated with Ratnamani Metals & Tubes Limited with effect from 1/4/91 consequently, 5 Equity Shares of Rs.100/- each full paid up were alloted to the Shareholders of Ratnamani Tube Industries Limited for every two Equity Shares of Rs.10/- each fully paid up held by them. Accordingly 445,200 Equity Shares of Rs.10/- each fully paid-up were issued to the shareholders of RTIL Ratnamani Metals & Tubes Limited now has an installed capacity of 3,000 M.T. on three shift basis and holds industrial licences as mentioned elsewhere in the prospectus. 2008 - The Company has splits its face value from Rs10/- to Rs2/-. 2009 - Ratnamani Metals & Tubes Ltd has bagged orders aggregating to Rs 152 crores recently from GAIL for Gas Transmission and Distribution Projects. 2010 - Board has recommended a dividend of Rs. 2.20/-. 2011 - The Board has recommended a dividend of Rs. 2.50. 2012 - Board has recommend dividend of Rs. 3. 2013 -The has recommended a dividend of Rs. 4.00 per Equity Share of Rs. 2 2014 -The Company has bagged following new large size order which is to be complete in current financial year. -The Company has bagged two orders for supply of Carbon Steel Pipes aggregating to Rs. 412.62 crores. -Ratnamani Metals & Tubes receives order worth Rs 1300 cr 2016 -Ratnamani Metals has bagged two new orders aggregating to 22,000 MT valued at approx. Rs. 103.00 Crores and Rs.33.00 Crores for supply of Carbon Steel ERW pipes for gas pipe line in India. 2017 -Ratnamani Metals & Tubes Ltd., Kutch Plant has been conferred with the National Safety Awards , Sarvashrestha Suraksha Award & Puraskar Bronze Award for the year 2017. -Ratnamani Metals bags order worth Rs 248 cr. -Ratnamani Metals & Tubes Ltd company had bagged new domestic order of 80,000 MT for supply of Carbon Steel Coated Pipes. 2019 -Ratnamani Metals & Tubes Ltd. has received a major domestic order worth of Rs 82 crore (Net of Taxes) for supplying of Stainless Steel Pipes. -Ratnamani Metals & Tubes Ltd. received highest value single order for Stainless Steel Pipes is one of the largest of its kind and it will be executed in upcoming 18 months. -Ratnamani Metals & Tubes Ltd has received a domestic order for supply of Welded Carbon Steel Pipes valued at Rs.125.51 Crores which will be completed by March/April, 2019. 2022 -The Company has issued Bonus Shares in the Ratio of 1:2.

The company was incorporated on 15th September, 1983 as a small scale industrial undertaking under the name of Ratnamani Metals & Tubes Pvt. Ltd., it became a Deemed Public Company with effect from 1.7.1989 by the virtue of the provisions of Section 43A (IA) of the Act. Another small scale unit under the name of Tartnamani Tube Industries Pvt. Ltd., was set up by the same promoters in the year 1985, which also became a Deemed Public Company w.e.f 1.7.1990 by virtue of the provisions of Section 43A (IA) of the Act. At the Annual General Meeting held on 18.7.1992 Special Reoslution was passed deleting the restrictions mentioned in Section 3 of the Act. Both the Companies were converted into medium scale units through implementation expansion programme within 2-3 years from the date of establishment and were awarded COB Industrial Licence No.IL/41 (89) dated 7.7.1989 and IL/7/(91) dated 12.2.1992. As per the order of Hon'ble High Court of Gujarat dated 24/12/1991 M/s.Ratnamani Tube Industries Limited amalgamated with Ratnamani Metals & Tubes Limited with effect from 1/4/91 consequently, 5 Equity Shares of Rs.100/- each full paid up were alloted to the Shareholders of Ratnamani Tube Industries Limited for every two Equity Shares of Rs.10/- each fully paid up held by them. Accordingly 445,200 Equity Shares of Rs.10/- each fully paid-up were issued to the shareholders of RTIL Ratnamani Metals & Tubes Limited now has an installed capacity of 3,000 M.T. on three shift basis and holds industrial licences as mentioned elsewhere in the prospectus. 2008 - The Company has splits its face value from Rs10/- to Rs2/-. 2009 - Ratnamani Metals & Tubes Ltd has bagged orders aggregating to Rs 152 crores recently from GAIL for Gas Transmission and Distribution Projects. 2010 - Board has recommended a dividend of Rs. 2.20/-. 2011 - The Board has recommended a dividend of Rs. 2.50. 2012 - Board has recommend dividend of Rs. 3. 2013 -The has recommended a dividend of Rs. 4.00 per Equity Share of Rs. 2 2014 -The Company has bagged following new large size order which is to be complete in current financial year. -The Company has bagged two orders for supply of Carbon Steel Pipes aggregating to Rs. 412.62 crores. -Ratnamani Metals & Tubes receives order worth Rs 1300 cr 2016 -Ratnamani Metals has bagged two new orders aggregating to 22,000 MT valued at approx. Rs. 103.00 Crores and Rs.33.00 Crores for supply of Carbon Steel ERW pipes for gas pipe line in India. 2017 -Ratnamani Metals & Tubes Ltd., Kutch Plant has been conferred with the National Safety Awards , Sarvashrestha Suraksha Award & Puraskar Bronze Award for the year 2017. -Ratnamani Metals bags order worth Rs 248 cr. -Ratnamani Metals & Tubes Ltd company had bagged new domestic order of 80,000 MT for supply of Carbon Steel Coated Pipes. 2019 -Ratnamani Metals & Tubes Ltd. has received a major domestic order worth of Rs 82 crore (Net of Taxes) for supplying of Stainless Steel Pipes. -Ratnamani Metals & Tubes Ltd. received highest value single order for Stainless Steel Pipes is one of the largest of its kind and it will be executed in upcoming 18 months. -Ratnamani Metals & Tubes Ltd has received a domestic order for supply of Welded Carbon Steel Pipes valued at Rs.125.51 Crores which will be completed by March/April, 2019. 2022 -The Company has issued Bonus Shares in the Ratio of 1:2.

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Parent Organisation

Ratnamani Metals & Tubes Ltd.

Founded

15/09/1983

Managing Director

Mr.Prakash M Sanghvi

NSE Symbol

RATNAMANIEQ

FAQ

The current price of Ratnamani Metals and Tubes Ltd is ₹ 2678.90.

The 52-week high for Ratnamani Metals and Tubes Ltd is ₹ 2700.80 and the 52-week low is ₹ 2635.80.

The market capitalization of Ratnamani Metals and Tubes Ltd is currently ₹ 18776.95. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Ratnamani Metals and Tubes Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

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The CEO of Ratnamani Metals and Tubes Ltd is Mr.Prakash M Sanghvi, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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