Ratnamani Metals and Tubes Ltd
RATNAMANIRatnamani Metals and Tubes Ltd
RATNAMANI
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 44.96 | 7.42 | 0.41% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 47.66 | 6.65 | 0.57% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ratnamani Metals and Tubes Limited is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel.
Peers
Compare with peersAstral Ltd
APL Apollo Tubes Ltd
Jindal SAW Ltd
Finolex Industries Ltd
Electrosteel Castings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,735.29 | 1,425.90 | 1,799.18 | 2,796.13 | 2,644.98 | 2,341.54 | 3,176.48 | 4,507.09 | 5,132.31 | 4,993.82 | ||||||||||
Raw Materials | 1,066.23 | 918.91 | 1,235.46 | 1,937.29 | 1,750.18 | 1,359.84 | 2,324.63 | 3,086.08 | 3,438.94 | 4,144.44 | ||||||||||
| Power & Fuel Cost | 27.10 | 21.92 | 34.32 | 40.21 | 39.88 | 42.78 | 57.70 | 82.60 | 84.09 | |||||||||||
| Employee Cost | 100.10 | 98.24 | 109.18 | 129.09 | 145.50 | 141.79 | 159.14 | 209.23 | 257.77 | |||||||||||
| Selling & Administrative Expenses | 23.04 | 16.25 | 22.52 | 23.03 | 30.10 | 22.44 | 33.62 | 41.96 | 48.62 | |||||||||||
| Operating & Other expenses | 215.66 | 99.58 | 99.36 | 218.77 | 193.48 | 331.47 | 68.88 | 279.15 | 332.55 | |||||||||||
EBITDA | 303.16 | 271.00 | 298.34 | 447.74 | 485.84 | 443.22 | 532.51 | 808.07 | 970.34 | 849.38 | ||||||||||
| Depreciation/Amortization | 56.77 | 59.70 | 60.61 | 62.42 | 58.51 | 56.85 | 80.21 | 83.34 | 97.54 | 101.79 | ||||||||||
| PBIT | 246.39 | 211.30 | 237.73 | 385.32 | 427.33 | 386.37 | 452.30 | 724.73 | 872.80 | 747.59 | ||||||||||
| Interest & Other Items | 5.99 | 6.07 | 9.86 | 14.77 | 20.96 | 22.90 | 21.36 | 31.19 | 45.13 | 47.73 | ||||||||||
| PBT | 240.40 | 205.23 | 227.87 | 370.55 | 406.37 | 363.47 | 430.94 | 693.54 | 827.67 | 699.86 | ||||||||||
| Taxes & Other Items | 75.09 | 61.16 | 76.09 | 117.62 | 98.82 | 87.46 | 108.30 | 183.06 | 204.88 | 169.29 | ||||||||||
| Net Income | 165.31 | 144.07 | 151.78 | 252.93 | 307.55 | 276.01 | 322.64 | 510.48 | 622.79 | 530.57 | ||||||||||
| EPS | 23.58 | 20.55 | 21.65 | 36.09 | 43.88 | 39.38 | 46.03 | 72.83 | 88.85 | 75.70 | ||||||||||
| DPS | 3.67 | 3.67 | 4.00 | 6.00 | 8.00 | 9.33 | 9.33 | 12.00 | 14.00 | 14.00 | ||||||||||
| Payout ratio | 0.16 | 0.18 | 0.18 | 0.17 | 0.18 | 0.24 | 0.20 | 0.16 | 0.16 | 0.18 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ratnamani Metals and Tubes Ltd | 38.30 | 7.42 | 0.41% |
| Astral Ltd | 85.05 | 14.21 | 0.22% |
| APL Apollo Tubes Ltd | 55.57 | 11.29 | 0.38% |
| Jindal SAW Ltd | 11.42 | 2.04 | 0.67% |
Price Comparison
Compare RATNAMANI with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Ratnamani Metals and Tubes Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9234% | Percentage of the fund’s portfolio invested in the stock 1.38% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/75 (+1) |
Kotak Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0497% | Percentage of the fund’s portfolio invested in the stock 2.78% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 40/83 (-36) |
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3275% | Percentage of the fund’s portfolio invested in the stock 0.93% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/63 (-1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Ratnamani Metals and Tubes Ltd
Events
Dividend Trend
No Dividend Cuts
RATNAMANI has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.41%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.11 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 20, 2024
Dividend/Share
₹14.00
Ex DateEx Date
Aug 20, 2024
Cash Dividend
Ex DateEx DateJul 27, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Jul 27, 2023
Cash Dividend
Ex DateEx DateAug 1, 2022
Dividend/Share
₹9.33
Ex DateEx Date
Aug 1, 2022
Cash Dividend
Ex DateEx DateSep 17, 2021
Dividend/Share
₹14.00
Ex DateEx Date
Sep 17, 2021
Cash Dividend
Ex DateEx DateMar 17, 2020
Dividend/Share
₹12.00
Ex DateEx Date
Mar 17, 2020
Net profit of Ratnamani Metals & Tubes declined 38.75% to Rs 100.39 crore in the quarter ended September 2024 as against Rs 163.89 crore during the previous quarter ended September 2023. Sales declined 14.13% to Rs 971.33 crore in the quarter ended September 2024 as against Rs 1131.21 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales971.331131.21 -14 OPM %15.8021.65 - PBDT159.48244.71 -35 PBT133.58221.12 -40 NP100.39163.89 -39 Powered by Capital Market - Live
Ratnamani Metals & Tubes Ltd fell for a fifth straight session today. The stock is quoting at Rs 3531.25, down 0.26% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Ratnamani Metals & Tubes Ltd has eased around 2.13% in last one month.Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has eased around 10.64% in last one month and is currently quoting at 9078.5, down 2.5% on the day. The volume in the stock stood at 8308 shares today, compared to the daily average of 17387 shares in last one month.The PE of the stock is 43.02 based on TTM earnings ending June 24.Powered by Capital Market - Live
Ratnamani Metals & Tubes Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 3849.35, up 0.76% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 25003.7. The Sensex is at 81679.08, up 0.19%. Ratnamani Metals & Tubes Ltd has risen around 6.92% in last one month. Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has risen around 1.88% in last one month and is currently quoting at 9028.2, up 1.08% on the day. The volume in the stock stood at 1.02 lakh shares today, compared to the daily average of 45465 shares in last one month.The PE of the stock is 46.52 based on TTM earnings ending June 24.Powered by Capital Market - Live
Ratnamani Metals & Tubes Ltd gained for a fifth straight session today. The stock is quoting at Rs 3667, up 0.59% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25240.45. The Sensex is at 82401.53, up 0.32%. Ratnamani Metals & Tubes Ltd has risen around 1.22% in last one month. Meanwhile, Nifty Metal index of which Ratnamani Metals & Tubes Ltd is a constituent, has risen around 1.48% in last one month and is currently quoting at 9369.95, up 0.76% on the day. The volume in the stock stood at 12281 shares today, compared to the daily average of 46668 shares in last one month.The PE of the stock is 44.17 based on TTM earnings ending June 24.Powered by Capital Market - Live
Net profit of Ratnamani Metals & Tubes declined 21.46% to Rs 105.13 crore in the quarter ended June 2024 as against Rs 133.86 crore during the previous quarter ended June 2023. Sales rose 0.75% to Rs 1183.70 crore in the quarter ended June 2024 as against Rs 1174.93 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1183.701174.93 1 OPM %13.8617.56 - PBDT166.60204.93 -19 PBT140.35180.63 -22 NP105.13133.86 -21 Powered by Capital Market - Live
Ratnamani Metals & Tubes will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
Ratnamani Metals & Tubes issue corporate guarantee of up to Rs 50 cr on behalf of subsidiary
Ratnamani Metals & Tubes has issued a Corporate Guarantee to the extent not exceeding Rs 50 crore for credit facilities of Rs 48 crores and treasury facilities to the extent of Rs 7 crore subject to maximum utilisation of Rs 50 crore offered by YES Bank to Ratnamani Finow Spooling Solutions (RFSS), the subsidiary company.Powered by Capital Market - Live
Ratnamani Metals & Tubes Ltd spurts 1.68%, gains for third straight session
Buy Ratnamani Metals and Tube; target of Rs 2950: Sharekhan
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.91%, vs industry avg of 13.98%
Decreasing Market Share
Over the last 5 years, market share decreased from 5.68% to 5.56%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 19.75%, vs industry avg of 21.77%