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Daily Range
Daily RangeToday's Low
₹ 3,220.65
Today's High
₹ 3,344.90
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52 Weeks Range
52 Weeks Low
₹ 1,431.00
52 Weeks High
₹ 2,528.00
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Momentum of the Stock
Momentum of the Stock ![]()
Neutral
Neutral![]()
Circuit Limit
Lower
₹ 2,628.00
Upper
₹ 3,942.00
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
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 power, chemical, fertilizer, sugar, paper, automobile, aeronautics, refinery, nuclear power, petrochemical, water distribution, food and dairy, pharmaceutical, defense, infrastructure, ship building, pumping station, and space industries. Ratnamani Metals & Tubes Limited was incorporated in 1983 and is based in Ahmedabad, India.
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Companies under the same Group
Companies under the same Group
No Data Found
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Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
7.0 Cr.
EPS-TTM
₹75.70
Face Value
₹2.00
Book Value
₹469.80
Net Asset Value
₹371.50
ROE
21.12%
ROA
15.19%
ROCE
27.74%
Dividend Yield
0.43%
Total Debt
₹ 0.0 Cr.
Sales Growth
42.55%
PAT Growth
58.77%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2,533.0 | 1,964.7 | 1,654.6 | 1,641.0 | 1,412.9 | 1,240.7 | 911.4 | 814.0 | 735.5 |
| Total Non-Current Assets | 1,247.3 | 997.8 | 962.0 | 903.6 | 640.2 | 506.6 | 502.4 | 504.6 | 491.5 |
| Total Assets | 3,780.3 | 2,962.5 | 2,616.6 | 2,544.6 | 2,053.1 | 1,747.3 | 1,413.8 | 1,318.6 | 1,227.0 |
| Total Current Liabilities | 860.8 | 565.7 | 426.8 | 618.3 | 487.2 | 395.5 | 178.0 | 225.1 | 261.5 |
| Total Non-Current Liabilities | 243.6 | 148.5 | 202.2 | 217.1 | 43.2 | 42.9 | 48.1 | 48.3 | 56.2 |
| Shareholder's Funds | 2,603.9 | 2,248.3 | 1,987.6 | 1,709.2 | 1,522.8 | 1,308.8 | 1,187.8 | 1,045.2 | 909.3 |
| Total Liabilities | 3,780.3 | 2,962.5 | 2,616.6 | 2,544.6 | 2,053.1 | 1,747.3 | 1,413.8 | 1,318.6 | 1,227.0 |
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Financial Statement Analysis
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at -1.63, vs the Debt to Equity Ratio of 0.15, which results in a Negative aspect.
Price to BV
The Industry Price to BV stands at 3.69, vs the Price to BV of 7.88, which results in a Positive aspect.
Current Ratio
The Industry Current Ratio stands at 1.25, vs the Current Ratio of 2.65, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 0.65, vs the Quick Ratio of 1.26, which results in a Positive aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Total Income | 4,474.4 | 3,138.8 | 2,298.1 | 2,585.7 | 2,754.9 | 1,766.8 | 1,411.8 | 1,717.8 | 1,688.5 |
| Total Expenditure | 3,699.0 | 2,644.1 | 1,899.1 | 2,159.1 | 2,348.7 | 1,501.8 | 1,155.5 | 1,432.1 | 1,388.2 |
| Operating Profit(Excl OI) | 808.1 | 532.5 | 443.2 | 485.8 | 447.7 | 298.3 | 271.0 | 303.2 | 325.9 |
| Add: Other Income | 32.7 | 37.8 | 44.2 | 59.3 | 41.5 | 33.4 | 14.6 | 17.5 | 25.5 |
| Operating Profit | 808.1 | 532.5 | 443.2 | 485.8 | 447.7 | 298.3 | 271.0 | 303.2 | 325.9 |
| Less: Interest | 31.2 | 21.4 | 22.9 | 21.0 | 14.8 | 9.9 | 6.1 | 6.0 | 9.4 |
| PBDT | 776.9 | 511.2 | 420.3 | 464.9 | 433.0 | 288.5 | 264.9 | 297.2 | 316.5 |
| Less: Depreciation Amortization | 83.3 | 80.2 | 56.9 | 58.5 | 62.4 | 60.6 | 59.7 | 56.8 | 54.4 |
| PBT & Exceptional Items | 693.5 | 430.9 | 363.5 | 406.4 | 370.6 | 227.9 | 205.2 | 240.4 | 262.1 |
| Less: Exceptional Income Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit Before Tax | 693.5 | 430.9 | 363.5 | 406.4 | 370.6 | 227.9 | 205.2 | 240.4 | 262.1 |
| Less: Taxation | 181.3 | 108.3 | 87.5 | 98.8 | 117.6 | 76.1 | 61.2 | 75.1 | 88.7 |
| Profit After Tax | 512.3 | 322.6 | 276.0 | 307.5 | 252.9 | 151.8 | 144.1 | 165.3 | 173.5 |
| Earnings Per Share | 0.7 | 0.5 | 0.4 | 0.4 | 0.4 | 0.2 | 0.2 | 0.2 | 0.3 |
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Financial Statement Analysis
PE Ratio
The Industry PE Ratio stands at 23.63, vs the PE Ratio of 43.07, which results in a Positive aspect.
PAT Growth
The Industry PAT Growth stands at 102.37, vs the PAT Growth of 21.60, which results in a Negative aspect.
Dividend Yield
The Industry Dividend Yield stands at 1.04, vs the Dividend Yield of 0.38, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 6.88, vs the PAT Margin of 11.72, which results in a Positive aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 693.5 | 430.9 | 363.5 | 406.4 | 370.5 | 227.9 | 205.2 | 240.4 | 262.1 |
| Tax Paid | -149.6 | -122.0 | -57.0 | -106.2 | -138.7 | -72.2 | -74.1 | -66.7 | -86.6 |
| Adjustment | 99.1 | 72.5 | 48.4 | 45.1 | 57.1 | 50.0 | 53.4 | 39.5 | 49.1 |
| Changes In Working Capital | 693.5 | 430.9 | 363.5 | 406.4 | 370.5 | 227.9 | 205.2 | 240.4 | 262.1 |
| Cash Flow after changes in Working Capital | 460.1 | -161.0 | 602.5 | 321.4 | 692.2 | -0.5 | 208.6 | 221.5 | 235.1 |
| Cash Flow from Operating Activities | 310.5 | -283.0 | 545.5 | 215.2 | 553.5 | -72.7 | 134.5 | 154.8 | 148.5 |
| Cash Flow from Investing Activities | -207.7 | 417.8 | -470.0 | -356.8 | -360.1 | 21.2 | -102.5 | -10.3 | -51.0 |
| Cash Flow from Financing Activities | -116.1 | -134.5 | -78.8 | 46.8 | -56.3 | 41.6 | -27.6 | -178.8 | -73.8 |
| Net Cash Inflow / Outflow | -13.3 | 0.2 | -3.2 | -94.8 | 137.2 | -9.9 | 4.4 | -34.3 | 23.7 |
| Opening Cash & Cash Equivalents | 43.8 | 43.6 | 46.8 | 142.6 | 5.5 | 15.4 | 12.3 | 47.5 | 24.9 |
| Closing Cash & Cash Equivalent | 34.1 | 43.8 | 43.6 | 46.8 | 142.6 | 5.5 | 15.4 | 12.3 | 47.5 |
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Financial Statement Analysis
PCF RATIO
The Industry PCF RATIO stands at 7.72, vs the PCF RATIO of 13.08, which results in a Positive aspect.
PFCF Ratio
The Industry PFCF Ratio stands at -169.91, vs the PFCF Ratio of -45.37, which results in a Positive aspect.
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 | Dec 2019 | Sep 2019 | Jun 2019 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 12,572.6 | 11,312.1 | 11,749.3 | 14,990.8 | 10,987.1 | 8,998.2 | 9,768.0 | 9,740.6 | 9,270.1 | 7,117.0 | 5,260.0 | 6,960.8 | 4,407.9 | 5,768.9 | 5,780.7 | 6,290.9 | 7,560.5 | 6,103.3 | 5,876.7 | 6,867.4 |
| Total Income | 12,724.7 | 11,418.9 | 11,834.4 | 15,056.4 | 11,061.0 | 9,099.7 | 9,853.7 | 9,839.9 | 9,377.5 | 7,208.9 | 5,338.5 | 7,047.9 | 4,543.8 | 5,908.7 | 5,907.6 | 6,434.1 | 7,709.7 | 6,318.5 | 5,987.4 | 6,893.7 |
| Total Expenditure | 10,569.3 | 8,863.5 | 9,686.6 | 11,985.2 | 8,996.5 | 7,549.5 | 8,458.9 | 8,055.3 | 7,972.5 | 6,003.6 | 4,412.5 | 5,372.3 | 3,608.8 | 4,950.5 | 5,044.0 | 5,330.6 | 6,476.3 | 4,937.8 | 4,846.8 | 5,876.2 |
| PBIDT (Excl OI) | 2,003.3 | 2,448.6 | 2,062.7 | 3,005.6 | 1,990.6 | 1,448.7 | 1,309.1 | 1,685.4 | 1,297.6 | 1,113.4 | 847.5 | 1,588.5 | 799.1 | 818.4 | 736.6 | 960.3 | 1,084.2 | 1,165.5 | 1,029.9 | 991.3 |
| Other Income | 152.1 | 106.8 | 85.1 | 65.6 | 74.0 | 101.6 | 85.7 | 99.3 | 107.4 | 91.9 | 78.5 | 87.1 | 135.8 | 139.8 | 126.9 | 143.2 | 149.2 | 215.3 | 110.7 | 26.2 |
| Operating Profit | 2,155.4 | 2,555.4 | 2,147.9 | 3,071.2 | 2,064.5 | 1,550.2 | 1,394.8 | 1,784.7 | 1,405.0 | 1,205.3 | 926.0 | 1,675.6 | 934.9 | 958.2 | 863.5 | 1,103.5 | 1,233.5 | 1,380.8 | 1,140.6 | 1,017.5 |
| Interest | 127.1 | 108.3 | 98.5 | 139.3 | 77.2 | 47.3 | 48.1 | 64.2 | 37.7 | 53.8 | 53.7 | 58.4 | 60.0 | 57.6 | 53.1 | 56.1 | 58.5 | 57.0 | 38.0 | 20.6 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PBDT | 2,028.3 | 2,447.1 | 2,049.3 | 2,931.9 | 1,987.3 | 1,503.0 | 1,346.7 | 1,720.4 | 1,367.3 | 1,151.5 | 872.3 | 1,617.2 | 875.0 | 900.5 | 810.5 | 1,047.4 | 1,174.9 | 1,323.8 | 1,102.6 | 996.9 |
| Depreciation | 247.0 | 235.9 | 243.0 | 252.7 | 203.8 | 186.9 | 190.1 | 231.0 | 190.1 | 188.8 | 192.2 | 149.9 | 133.5 | 142.1 | 143.1 | 145.9 | 151.7 | 144.3 | 143.2 | 150.0 |
| Profit Before Tax | 1,781.3 | 2,211.2 | 1,806.3 | 2,679.2 | 1,783.5 | 1,316.1 | 1,156.6 | 1,489.4 | 1,177.2 | 962.7 | 680.1 | 1,467.3 | 741.5 | 758.4 | 667.4 | 901.5 | 1,023.3 | 1,179.5 | 959.4 | 847.0 |
| Tax | 453.4 | 567.8 | 457.7 | 753.5 | 442.6 | 328.3 | 288.2 | 373.1 | 286.3 | 247.5 | 176.1 | 373.1 | 139.9 | 191.3 | 170.4 | 228.1 | 13.1 | 414.9 | 332.2 | 215.1 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | 1,327.9 | 1,643.3 | 1,348.6 | 1,925.8 | 1,340.9 | 987.8 | 868.3 | 1,116.3 | 890.9 | 715.2 | 504.0 | 1,094.3 | 601.5 | 567.1 | 497.1 | 673.4 | 1,010.2 | 764.6 | 627.3 | 631.9 |
| Net Profit | 1,327.9 | 1,643.3 | 1,348.6 | 1,925.8 | 1,340.9 | 987.8 | 868.3 | 1,116.3 | 890.9 | 715.2 | 504.0 | 1,094.3 | 601.5 | 567.1 | 497.1 | 673.4 | 1,010.2 | 764.6 | 627.3 | 631.9 |
| ADDITIONAL INFOS: | ||||||||||||||||||||
| Equity Capital | 140.2 | 140.2 | 140.2 | 140.2 | 140.2 | 140.2 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 | 93.5 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 18.9 | 23.5 | 19.2 | 27.5 | 19.1 | 14.1 | 12.4 | 23.9 | 19.1 | 15.3 | 10.8 | 23.4 | 12.9 | 12.1 | 10.6 | 14.4 | 21.6 | 16.4 | 13.4 | 13.5 |
| Operating Profit Margin | 17.1 | 22.6 | 18.3 | 20.5 | 18.8 | 17.2 | 14.3 | 18.3 | 15.2 | 16.9 | 17.6 | 24.1 | 21.2 | 16.6 | 14.9 | 17.5 | 16.3 | 22.6 | 19.4 | 14.8 |
| Net Profit Margin | 10.6 | 14.5 | 11.5 | 12.8 | 12.2 | 11.0 | 8.9 | 11.5 | 9.6 | 10.0 | 9.6 | 15.7 | 13.6 | 9.8 | 8.6 | 10.7 | 13.4 | 12.5 | 10.7 | 9.2 |
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Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 58.89, vs the Mcap Growth of 1.05, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 19.97, vs the Net Sales Growth of -6.14, which results in a Negative aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 3,533.50 | 3,656.64 | 3,353.34 |
| R3 | 3,470.63 | 3,471.38 | 3,319.17 |
| R2 | 3,407.77 | 3,408.14 | 3,307.78 |
| R1 | 3,346.38 | 3,347.13 | 3,296.39 |
| Pivot | 3,283.52 | 3,283.89 | 3,283.52 |
| S1 | 3,222.13 | 3,222.88 | 3,273.61 |
| S2 | 3,159.27 | 3,159.64 | 3,262.22 |
| S3 | 3,097.88 | 3,098.63 | 3,250.83 |
| S4 | 3,036.50 | 2,911.14 | 3,216.66 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
0.61
1 Week
0.62
1 Month
0.63
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Indicators
Stoch RSI
100.00
Bearish
RSI
73.83
Bearish
ROC
-2.94
Bearish
UltimateOscillator
49.38
Neutral
Williams Indicator
-71.94
Neutral
CCI Indicator
-122.14
Bullish
MACD
-646.59
Bearish
Stochastic Indicator
26.30
Neutral
ATR
156.03
High Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|---|---|
| 30-06-2022 | 1:2 | 01-07-2022 |
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 27-07-2023 | 12.00 | 600 | Final |
| 01-08-2022 | 9.33 | 466.5 | Final |
| 17-09-2021 | 14.00 | 700 | Final |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 14-11-2024 | Quarterly Results |
| 08-02-2024 | Quarterly Results |
| 02-11-2023 | Quarterly Results |
| 09-08-2023 | Quarterly Results |
| 10-05-2023 | Final Dividend & Audited Results & A.G.M. |
| 13-02-2023 | Quarterly Results |
| 10-11-2022 | Quarterly Results |
| 09-08-2022 | Quarterly Results |
| 18-05-2022 | Right Issue of Equity Shares & Dividend & Audited Results & A.G.M. Inter alia, for consider taking enabling resolutions for raising funds by Issuance of Secured / Unsecured debt securities including Redeemable Non-Convertible Debentures (NCDs) / Bonds etc. by way of Private Placement for an amount not exceeding Rs.500.00 Crores. The Board shall inter alia also consider the proposal for fund raising by way of Further Public Offer / Rights Issue / Preferential Issue / Qualified Institutional Placement of Equity Shares to the extent within the above mentioned limit of Rs.500 Crores. However, the total funds to be raised by ways of issue of non-convertible debt securities or equity shares shall be within the above mentioned limit of Rs.500 Crores & Preferential Issue of shares & Bonus issue |
| 08-02-2022 | Quarterly Results |
| 28-10-2021 | Quarterly Results |
| 06-08-2021 | Quarterly Results |
| 02-06-2021 | Final Dividend & Audited Results |