Ratnamani Metals & Tubes Ltd Analyst Rating
based on 5 analysts
60.00%
Buy
40.00%
Hold
0.00%
Sell
Based on 5 analysts offering long term price targets for Ratnamani Metals & Tubes Ltd. An average target of ₹3925.2
Source: S&P Global Market Intelligence
Ratnamani Metals & Tubes Ltd Share analysis
Ratnamani Metals & Tubes Ltd price forecast by 5 analysts
Upside of19.67%
High
₹4272
Target
₹3925.20
Low
₹3582
Ratnamani Metals & Tubes Ltd target price ₹3925.2, a slight upside of 19.67% compared to current price of ₹3285. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ratnamani Metals & Tubes Ltd revenue growth forecast
Expected growth rate Q1, FY2026:23.75%
Forecast
Actual
Including amortisation and stock based compensations
Ratnamani Metals & Tubes Ltd EPS growth forecast
EPS estimate Q1, FY2026:27.12%
Forecast
Actual
Source: S&P Global Market Intelligence
Ratnamani Metals & Tubes Ltd Performance
Day's Low
Day's High
₹3,220.65Day's Price Range₹3,344.952 Week's Low
52 Week's High
₹2,581.552-Week Price Range₹3,978.5
| Returns % | |
| 1 Month Return | -5.51 % |
| 3 Month Return | -9.8 % |
| 1 Year Return | -4.09 % |
| Market Stats | |
| Previous Close | ₹3,280.10 |
| Open | ₹3,250.00 |
| Volume | 11.21K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹22,990.88Cr |
Ratnamani Metals & Tubes Ltd Key Statistics
| P/E Ratio | 43.29 |
| PEG Ratio | -3.2 |
| Market Cap | ₹22,990.88 Cr |
| P/B Ratio | 6.07 |
| EPS | 89.18 |
| Dividend Yield | 0.5 |
| Sector | Steel |
| ROE | 20.56 |
Ratnamani Metals & Tubes Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹22,990.88 Cr | 75.34% | 0.51 | ₹625 Cr | ₹5,059 Cr | |
| NA | ₹27,139.53 Cr | 124.48% | 0.60 | ₹295 Cr | ₹1,717 Cr | |
| BUY | ₹20,929.31 Cr | 19.87% | 0.51 | ₹1,029 Cr | ₹13,195 Cr | |
| BUY | ₹60,139.30 Cr | 371.45% | 0.62 | ₹2,693 Cr | ₹38,562 Cr | |
| BUY | ₹6,886.96 Cr | 27.84% | 0.52 | ₹248 Cr | ₹1,038 Cr |
About Ratnamani Metals & Tubes Ltd
The company operates in two lines of business, namely, the manufacturing and supply of stainless steel and carbon steel pipes and tubes. It has a wide range of products such as stainless steel pipes and tubes, carbon steel pipes and tubes, alloy steel pipes and tubes, and structural steel pipes and tubes. Its popular brands include Ratnamani, Ratnamani Power, Ratnamani High Pressure, and Ratnamani Premium.
Share Price: ₹3285.00 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹22,990.88Cr as of today
Revenue: ₹971.33Cr as on September 2024 (Q3 24)
Net Profit: ₹99.35Cr as on September 2024 (Q3 24)
Listing date: 09 May, 2006
Chairperson Name: P M Sanghvi
| Organisation | Ratnamani Metals & Tubes Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Expands Stake and Revenue Outlook - 17 Dec, 2024
Ratnamani Metals & Tubes has increased its stake in Ravi Technoforge to 80.017%. The company reports strong demand from the Middle East, with a current order book of ₹3,050 crore and revenue guidance of ₹5,000-5,200 crore for FY25. Expectations for FY26 are set at ₹6,000-6,500 crore, reflecting a positive growth trajectory.Ratnamani Metals Sees Stake Purchases Amid Declining Sales - 05 Dec, 2024
SBI and Tata Mutual Funds acquired stakes in Ratnamani Metals, boosting shares by 3.5%. However, the company reported significant declines in net sales and profit for September 2024.SBI and Tata MF Invest in Ratnamani Metals - 04 Dec, 2024
SBI Mutual Fund and Tata Mutual Fund have acquired a combined 1.12% stake in Ratnamani Metals & Tubes for Rs 262 crore. SBI's holding increased to 2.28%. However, shares fell 1.27% to close at Rs 3,325.10 on the NSE.Ratnamani Metal Reports Decline in Sales and Profit - 27 Nov, 2024
Ratnamani Metals reported a 16.24% decline in net sales to Rs 897.51 crore for September 2024, with net profit down 39.5% to Rs 102.46 crore. EBITDA also fell by 33.51%. EPS decreased to Rs 14.62 from Rs 24.16 a year ago. The stock has shown mixed performance with a 5.34% return over six months but a slight decline over the past year.Ratnamani Metals Faces Challenges, Target Set at Rs 3,950 - 22 Nov, 2024
Ratnamani Metals & Tubes reported a 14% YoY revenue decline in Q2FY25, with net profit down 40% due to execution delays and pricing issues. Sharekhan maintains a Hold rating with a target of Rs 3,950, citing limited upside despite a strong order book and long-term growth potential in oil & gas and water supply segments.Ratnamani Metals Sees Surge in Trading Volume - 19 Nov, 2024
Ratnamani Metals & Tubes Ltd experienced a significant increase in trading volume, reaching 80,731 shares, a 5.54-fold rise over the two-week average. However, the stock price fell by 0.88% to Rs. 3,422.10.
Insights on Ratnamani Metals & Tubes Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 12.61% to 12.71% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 16.14% to 16.39% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, RATNAMANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTAgainst Peers
In the last 1 year, Jindal Steel & Power Ltd has given 29.2% return, outperforming this stock by 33.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 59.77% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 192.16 Cr → 100.39 Cr (in ₹), with an average decrease of 24.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 11.02% to 10.75% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 1.53K Cr → 990.86 Cr (in ₹), with an average decrease of 19.6% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, RATNAMANI stock has moved down by -5.5%
Ratnamani Metals & Tubes Ltd Financials
Index Inclusions
Ratnamani Metals & Tubes Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.77% | 0.00 | |
| Foreign Institutions | 12.71% | 0.78 | |
| Mutual Funds | 16.39% | 1.54 | |
| Retail Investors | 10.75% | ||
| Others | 0.38% |
Ratnamani Metals & Tubes Ltd Key Indicators
Ratnamani Metals & Tubes Ltd Valuation
Ratnamani Metals & Tubes Ltd in the last 5 years
Lowest (12.11x)
May 22, 2020
Industry (24.32x)
December 24, 2024
Today (43.29x)
December 24, 2024
Highest (58.52x)
June 6, 2022
Ratnamani Metals & Tubes Ltd Earnings and Dividends
Ratnamani Metals & Tubes Ltd Earnings Results
Ratnamani Metals & Tubes Ltd’s net profit fell -38.75% since last year same period to ₹100.39Cr in the Q2 2024-2025. On a quarterly growth basis, Ratnamani Metals & Tubes Ltd has generated -4.51% fall in its net profits since last 3-months.
Read More about Earnings ResultsRatnamani Metals & Tubes Ltd Dividends May,2024
In the quarter ending March 2024, Ratnamani Metals & Tubes Ltd has declared dividend of ₹14 - translating a dividend yield of 0.43%.
Read More about Dividends
Ratnamani Metals & Tubes Ltd Technicals Summary
Bearish
Neutral
Bullish
Ratnamani Metals & Tubes Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Ratnamani Metals & Tubes Ltd (RATNAMANI) share price today is ₹3285
Ratnamani Metals & Tubes Ltd is listed on NSE
Ratnamani Metals & Tubes Ltd is listed on BSE
- Today’s highest price of Ratnamani Metals & Tubes Ltd is ₹3344.9.
- Today’s lowest price of Ratnamani Metals & Tubes Ltd is ₹3220.65.
PE Ratio of Ratnamani Metals & Tubes Ltd is 43.29
PE ratio = Ratnamani Metals & Tubes Ltd Market price per share / Ratnamani Metals & Tubes Ltd Earnings per share
Today’s traded volume of Ratnamani Metals & Tubes Ltd(RATNAMANI) is 11.21K.
Today’s market capitalisation of Ratnamani Metals & Tubes Ltd(RATNAMANI) is ₹22990.88Cr.
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Price |
|---|---|
52 Week High | ₹3978.5 |
52 Week Low | ₹2581.5 |
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3285. It is down -17.43% from its 52 Week High price of ₹3978.5
Ratnamani Metals & Tubes Ltd(RATNAMANI) share price is ₹3285. It is up 27.25% from its 52 Week Low price of ₹2581.5
| Ratnamani Metals & Tubes Ltd(RATNAMANI | Returns |
|---|---|
1 Day Returns | 4.9% |
1 Month Returns | -5.51% |
3 Month Returns | -9.8% |
1 Year Returns | -4.09% |