Ratnamani Metals & Tubes Ltd
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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 18.9%
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ4.88 K Cr | β | βΉ578.00 Cr | β | β | 15.6% | 1.4% | -5.1% |
| Mar 2024 | βΉ4.81 K Cr | β | βΉ609.00 Cr | β | β | 18.9% | 10.0% | 18.5% |
| Mar 2023 | βΉ4.37 K Cr | β | βΉ514.00 Cr | β | β | 19.0% | 39.2% | 59.6% |
| Mar 2022 | βΉ3.14 K Cr | β | βΉ322.00 Cr | β | β | 14.3% | 36.6% | 16.7% |
| Mar 2021 | βΉ2.30 K Cr | β | βΉ276.00 Cr | β | β | 13.9% | -11.1% | -10.4% |
| Mar 2020 | βΉ2.59 K Cr | β | βΉ308.00 Cr | β | β | 18.0% | -6.1% | 21.7% |
| Mar 2019 | βΉ2.75 K Cr | β | βΉ253.00 Cr | β | β | 16.6% | 55.9% | 66.4% |
| Mar 2018 | βΉ1.77 K Cr | β | βΉ152.00 Cr | β | β | 11.6% | 25.1% | 5.6% |
| Mar 2017 | βΉ1.41 K Cr | β | βΉ144.00 Cr | β | β | 12.1% | -17.8% | -12.7% |
| Mar 2016 | βΉ1.72 K Cr | β | βΉ165.00 Cr | β | β | 15.8% | 1.8% | -4.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 4,870 |
| Total Expenses | 4,033 |
| EBIT / Operating Profit | 837 |
| OPM % | 17% |
| Other Income | 120 |
| Finance Costs | 15 |
| Depreciation & Amortisation | 101 |
| Profit Before Tax | 841 |
| Tax % | - |
| Net Profit / PAT | 623 |
| EPS (βΉ) | 88.95 |
| Dividend Payout % | - |
Peer Comparison
Materials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Ratnamani Metals & Tubes Ltdthis co. | βΉ15.32 K Cr | βΉ4.88 K Cr | 24.60 | 3.96 | 16.17 | 1.4% |
| UltraTech Cement Ltd | βΉ3.55 L Cr | βΉ71.89 K Cr | 48.60 | 5.02 | 27.23 | 4.7% |
| JSW Steel Limited | βΉ2.88 L Cr | βΉ1.28 L Cr | 38.00 | 3.45 | 14.23 | -5.5% |
| Asian Paints Ltd. | βΉ2.77 L Cr | βΉ29.55 K Cr | 69.60 | 14.50 | 35.04 | -5.4% |
| Hindustan Zinc Ltd. | βΉ2.66 L Cr | βΉ33.97 K Cr | 25.50 | 19.57 | 18.58 | 17.4% |
| Coal India Limited | βΉ2.64 L Cr | βΉ1.59 K Cr | 12.40 | 13.24 | 16.33 | 5.1% |
| Vedanta Limited | βΉ2.49 L Cr | βΉ74.30 K Cr | 26.50 | 3.37 | 12.82 | 5.0% |
| Industry Average | β | βΉ10.75 K Cr | 47.54 | 5.23 | 30.19 | 121.8% |