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Ratnamani Metals

  • Market Cap: Mid Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE703B01027
  • NSEID: RATNAMANI
  • BSEID: 520111
INR
2,697.65
67.75 (2.58%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 24.61 k

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

2,626.952,767.95

52 Week

2,338.003,971.80
Valuation
Technical
Day's Volume

CASH

24.61 k (142.64%) Volume

Shareholding (Mar 2025)

FII

11.62%

Held by 109 FIIs

DII

18.82%

Held by 24 DIIs

Promoter

59.77%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 13.47% and Operating profit at 12.48% over the last 5 years

 
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Mildly Bearish range

4

With ROE of 16.1, it has a Expensive valuation with a 5.6 Price to Book Value

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 18,908 Cr (Mid Cap)

stock-summary
P/E

35.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.53%

stock-summary
Debt Equity

0.04

stock-summary
Return on Equity

16.11%

stock-summary
Price to Book

5.60

Revenue and Profits (1 Year):
Net Sales:
1,316 Cr
(Quarterly Results - Dec 2024)
Net Profit:
131 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.53%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-23.25%
0%
-23.25%
1 Year
-10.29%
0.44%
-9.85%
2 Years
28.62%
1.18%
29.8%
3 Years
66.65%
2.38%
69.03%
4 Years
102.81%
3.91%
106.72%
5 Years
352.69%
9.37%
362.06%

Latest dividend: 14 per share ex-dividend date: Aug-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.47%
EBIT Growth (5y)
12.48%
EBIT to Interest (avg)
17.82
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.37
Tax Ratio
25.12%
Dividend Payout Ratio
16.48%
Pledged Shares
0
Institutional Holding
30.44%
ROCE (avg)
23.12%
ROE (avg)
16.78%
Valuation key factors
Factor
Value
P/E Ratio
35
Industry P/E
29
Price to Book Value
5.60
EV to EBIT
27.99
EV to EBITDA
24.20
EV to Capital Employed
5.43
EV to Sales
3.74
PEG Ratio
NA
Dividend Yield
0.53%
ROCE (Latest)
19.35%
ROE (Latest)
16.11%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Bullish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 18 Schemes (18.71%)

FIIs

Held by 109 FIIs (11.62%)

Promoter with highest holding

Prakash M. Sanghvi & Jayanti Mishrimal Sanghvi (on Behalf Of M N Sanghvi Family Trust) (52.16%)

Highest Public shareholder

Kotak Emerging Equity Scheme (5.42%)

Individual Investors Holdings

8.14%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 35.52% vs -17.94% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 30.80% vs -4.51% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,316.30",
          "val2": "971.33",
          "chgp": "35.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "203.83",
          "val2": "153.51",
          "chgp": "32.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.47",
          "val2": "13.57",
          "chgp": "-44.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "131.31",
          "val2": "100.39",
          "chgp": "30.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.49%",
          "val2": "15.80%",
          "chgp": "-0.31%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -6.55% vs 22.89% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -30.97% vs 60.42% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,155.03",
          "val2": "2,306.13",
          "chgp": "-6.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "317.55",
          "val2": "451.13",
          "chgp": "-29.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "23.29",
          "val2": "20.69",
          "chgp": "12.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "205.53",
          "val2": "297.75",
          "chgp": "-30.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.74%",
          "val2": "19.56%",
          "chgp": "-4.82%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -2.58% vs 19.76% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -21.78% vs 35.02% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,471.33",
          "val2": "3,563.39",
          "chgp": "-2.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "521.38",
          "val2": "651.46",
          "chgp": "-19.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "30.76",
          "val2": "33.40",
          "chgp": "-7.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "336.84",
          "val2": "430.62",
          "chgp": "-21.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.02%",
          "val2": "18.28%",
          "chgp": "-3.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 13.07% vs 42.55% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 22.00% vs 58.22% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,059.10",
          "val2": "4,474.40",
          "chgp": "13.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "897.13",
          "val2": "775.38",
          "chgp": "15.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "45.13",
          "val2": "31.19",
          "chgp": "44.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "622.79",
          "val2": "510.48",
          "chgp": "22.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.73%",
          "val2": "17.33%",
          "chgp": "0.40%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,316.30
971.33
35.52%
Operating Profit (PBDIT) excl Other Income
203.83
153.51
32.78%
Interest
7.47
13.57
-44.95%
Exceptional Items
0.00
0.00
Consolidate Net Profit
131.31
100.39
30.80%
Operating Profit Margin (Excl OI)
15.49%
15.80%
-0.31%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 35.52% vs -17.94% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 30.80% vs -4.51% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,155.03
2,306.13
-6.55%
Operating Profit (PBDIT) excl Other Income
317.55
451.13
-29.61%
Interest
23.29
20.69
12.57%
Exceptional Items
0.00
0.00
Consolidate Net Profit
205.53
297.75
-30.97%
Operating Profit Margin (Excl OI)
14.74%
19.56%
-4.82%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -6.55% vs 22.89% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -30.97% vs 60.42% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,471.33
3,563.39
-2.58%
Operating Profit (PBDIT) excl Other Income
521.38
651.46
-19.97%
Interest
30.76
33.40
-7.90%
Exceptional Items
0.00
0.00
Consolidate Net Profit
336.84
430.62
-21.78%
Operating Profit Margin (Excl OI)
15.02%
18.28%
-3.26%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -2.58% vs 19.76% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -21.78% vs 35.02% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,059.10
4,474.40
13.07%
Operating Profit (PBDIT) excl Other Income
897.13
775.38
15.70%
Interest
45.13
31.19
44.69%
Exceptional Items
0.00
0.00
Consolidate Net Profit
622.79
510.48
22.00%
Operating Profit Margin (Excl OI)
17.73%
17.33%
0.40%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 13.07% vs 42.55% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 22.00% vs 58.22% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Ratnamani Metals & Tubes Ltd stock-summary
stock-summary
Ratnamani Metals & Tubes Ltd
Mid Cap
Steel/Sponge Iron/Pig Iron
Ratnamani Metals & Tubes Limited (RMTL), a multi-product, multi location Public Limited Company incorporated on 15th September 1985, is providing total piping solutions to a diverse range of industries. The Company has diverse product portfolio which includes Nickel Alloy/Stainless Steel Seamless Tubes & Pipes, Stainless Steel Welded Tubes & Pipes, Titanium Welded Tubes, Carbon Steel Welded Pipes, Stainless Steel/Carbon Steel Pipes with Coating and Induction Bends.
Company Coordinates stock-summary
Company Details
17 Rajmugat Society, Naranpura Char Rasta Naranpura Ahmedabad Gujarat : 380013
stock-summary
Tel: 91-79-27415501-4
stock-summary
http://www.ratnamani.com
stock-summary
info@ratnamani.com
Registrar Details
Stock List
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