Ratnamani Metals & Tubes financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹972cr−15.6% on Q1 FY26
Net profit
₹107cr−15.8% on Q1 FY26
EBITDA margin
16.7%+0.4 pts on Q1 FY26
EPS
₹11.72−37.7% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue9721,152−15.6%
EBITDA162188−13.8%
EBITDA margin16.7%16.3%+0.4 pts
Profit before tax137176−21.8%
Net profit107127−15.8%
EPS₹11.72₹18.81−37.7%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹972 crNet profit₹107 crNet margin11.0%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
16,317————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
718718405296169
97.197.127.675.772.1
304304141142224
16,001————
4,3144,4945,1865,0594,474
—−13.4%+2.5%+13.1%—
732758824897775
17.0%16.9%15.9%17.7%17.3%
596626716800692
514534542625512
11.9%11.9%10.4%12.4%11.5%
₹61.76₹68.85₹77.61₹88.56₹72.83
—−11.3%−12.4%+21.6%—
—936536511310
—−485−329−213−142
451451207298169
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

RATNAMANI₹2,328.00

Ratnamani Metals & Tubes Ltd.

· Capital Goods & Defence
₹ CrorePeersMAHSEAMLESJINDALSAWWELCORPQPOWERPRAJINDSAATVIKGLPARASSHAKTIPUMPMcap ₹16,317 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————16,317.4
- Cash, Equiv & ST Investments169.2295.6404.7718.2718.2
+ Minority Interest72.175.727.697.197.1
+ Total Debt224.2142.4140.6304.3304.3
Enterprise Value————16,000.6
Revenue4,474.45,059.15,186.54,494.04,314.0
Growth %, YoY—+13.1+2.5-13.4—
EBITDA775.4897.1823.5757.7731.8
Margin %17.3317.7315.8816.8616.96
EBIT692.0799.6715.8626.1595.6
Net Income512.3625.1541.6534.5514.4
Margin %11.4512.3610.4411.8911.92
EPS, Adj (current shares)72.8388.5677.6168.8561.76
Growth %, YoY—+21.6-12.4-11.3—
Cash from Operations310.5511.2536.2936.0—
Capital Expenditures-141.9-213.0-329.1-485.3—
Free Cash Flow168.6298.2207.1450.8450.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ratnamani Metals & Tubes financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Ratnamani Metals & Tubes (NSE: RATNAMANI) had a market capitalisation of ₹16,256 crore at the 30 October 2026 close (₹2,319.30 a share), a PE ratio of 37.6 on the last four quarters' profit and a price-to-book ratio of 3.95. In FY26 its consolidated net profit attributable to shareholders was ₹483 crore on revenue of ₹4,494 crore; in Q1 FY27 (April–June 2026) it was ₹82.2 crore, down 37.7% year on year. Its debt-to-equity ratio was 0.07 on 31 March 2026. Promoters held 59.77% of the shares on 30 September 2026.

Share price used
₹2,319.30 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Ratnamani Metals & Tubes at a glance · consolidated

Market cap
₹16,256 Crat ₹2,319.30 · 30 Oct close
PE ratio (last 4 quarters)
37.633.7 on FY26 profit
Price to book (PB)
3.95book value ₹586.46 a share
ROE (FY26)
12.5%−3.6 pts vs FY25ROCE 14.9%
Debt to equity
0.07net cash ₹414 Cr
Promoter holding
59.77%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.43%₹10 a share in 12 months
Net worth
₹4,111 Cr+13.0% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹451 Cr+117.6% vs FY25

Questions

What is the Ratnamani Metals & Tubes PE ratio today?

Ratnamani Metals & Tubes' PE ratio is 37.6 at the 30 October 2026 close (₹2,319.30 a share): a market capitalisation of ₹16,256 crore divided by consolidated net profit attributable to shareholders of ₹433 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹483 crore) it is 33.7.

What is the Ratnamani Metals & Tubes PB ratio (price to book value)?

Ratnamani Metals & Tubes' price-to-book (PB) ratio is 3.95 at the 30 October 2026 close: a market capitalisation of ₹16,256 crore divided by shareholders' equity (book value) of ₹4,111 crore on 31 March 2026. That is a book value of ₹586.46 per share against a share price of ₹2,319.30.

What is the Ratnamani Metals & Tubes net worth?

Ratnamani Metals & Tubes' net worth — shareholders' equity in its consolidated balance sheet — was ₹4,111 crore on 31 March 2026, up 13.0% from ₹3,637 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,256 crore at the 30 October 2026 close.

What is the Ratnamani Metals & Tubes market cap?

Ratnamani Metals & Tubes' market capitalisation was ₹16,256 crore at the 30 October 2026 close: 7.01 crore shares at ₹2,319.30 each.

Is Ratnamani Metals & Tubes debt free?

No. Ratnamani Metals & Tubes had borrowings of ₹304 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.07. Its cash and current investments were ₹718 crore, so it held net cash of ₹414 crore.

What is the Ratnamani Metals & Tubes EPS?

Ratnamani Metals & Tubes' basic earnings per share (EPS) were ₹68.85 in FY26, against ₹77.27 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹61.76.

What is the Ratnamani Metals & Tubes debt to equity ratio?

Ratnamani Metals & Tubes' debt-to-equity ratio was 0.07 on 31 March 2026: borrowings of ₹304 crore against total equity of ₹4,208 crore. A year earlier, on 31 March 2025, it was 0.04.

What is the Ratnamani Metals & Tubes book value per share?

Ratnamani Metals & Tubes' book value per share was ₹586.46 on 31 March 2026: shareholders' equity of ₹4,111 crore divided by the 7.01 crore shares in issue, up 13.0% from ₹518.90 a year earlier. The share price at the 30 October 2026 close was ₹2,319.30.

What is the Ratnamani Metals & Tubes promoter holding?

Promoters held 59.77% of Ratnamani Metals & Tubes on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Ratnamani Metals & Tubes ROE and ROCE?

In FY26, Ratnamani Metals & Tubes' return on equity (ROE) was 12.5% and its return on capital employed (ROCE) was 14.9%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 16.1% and ROCE 19.5%.

What is the Ratnamani Metals & Tubes dividend yield?

Ratnamani Metals & Tubes' dividend yield is 0.43% at the 30 October 2026 close: dividends of ₹10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹2,319.30. They were ₹10 on 11 August 2026.

What is the Ratnamani Metals & Tubes shareholding pattern?

On 30 September 2026, Ratnamani Metals & Tubes' shares were held by promoters 59.77%, foreign portfolio investors (FII/FPI) 10.94%, domestic institutions (DII) 18.93% (including mutual funds at 18.75%) and retail and other non-institutional investors 10.33%. Over the year, FII holding was down 0.21 percentage points from 11.15% and DII holding was up 0.14 percentage points from 18.79%.

What is the Ratnamani Metals & Tubes dividend in 2026 and its record date?

In 2026, Ratnamani Metals & Tubes has declared one dividend: ₹10 with record date 11 August 2026.

What is the Ratnamani Metals & Tubes free cash flow?

In FY26, Ratnamani Metals & Tubes generated ₹936 crore of cash from operations and spent ₹485 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹451 crore. In FY25 it was ₹207 crore.

When are the Ratnamani Metals & Tubes next results?

Ratnamani Metals & Tubes will announce its Q2 FY27 results (July–September 2026) on Friday, 6 November 2026, the date of the board meeting it has notified to the exchanges.

What are the Ratnamani Metals & Tubes latest quarterly results?

Ratnamani Metals & Tubes' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit attributable to shareholders ₹82.2 crore, down 37.7% from ₹132 crore in Q1 FY26; revenue from operations ₹972 crore, down 15.6% year on year.

What is the Ratnamani Metals & Tubes revenue and profit in FY26?

In FY26 (April 2025–March 2026), Ratnamani Metals & Tubes' consolidated net profit attributable to shareholders was ₹483 crore, down 11.3% from ₹544 crore in FY25, on revenue from operations of ₹4,494 crore (down 13.4%). Over three years, from FY23, net profit was down 5.5%.

How does the Ratnamani Metals & Tubes PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Ratnamani Metals & Tubes' PE ratio is 33.7, the second highest of the four: Maharashtra Seamless 10.3, Jindal Saw 15.0 and Welspun Corp 38.3, a peer average of 21.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Ratnamani Metals & Tubes compare with its peers?

On FY26 consolidated figures, against Maharashtra Seamless, Jindal Saw and Welspun Corp: Ratnamani Metals & Tubes' operating margin of 13.9% is the highest of the four (Maharashtra Seamless 12.2%, Jindal Saw 8.9%, Welspun Corp 11.2%; peer average 10.8%); its return on equity of 12.5% is the second highest of the four (Maharashtra Seamless 10.6%, Jindal Saw 8.1%, Welspun Corp 19.4%; peer average 12.7%); its revenue growth over three years of 0.2% a year is the second highest of the four (Maharashtra Seamless −6.5% a year, Jindal Saw 0.1% a year, Welspun Corp 19.8% a year; peer average 4.4% a year).

Ratnamani Metals & Tubes vs Maharashtra Seamless: how do they compare?

In FY26, Ratnamani Metals & Tubes earned net profit attributable to shareholders of ₹483 crore on revenue of ₹4,494 crore, against ₹701 crore on ₹4,674 crore for Maharashtra Seamless. Ratnamani Metals & Tubes' operating margin was 13.9% (Maharashtra Seamless 12.2%) and its return on equity 12.5% (Maharashtra Seamless 10.6%). At the 30 October 2026 close, Ratnamani Metals & Tubes' market capitalisation was ₹16,256 crore against ₹7,214 crore for Maharashtra Seamless, and its PE ratio on FY26 profit 33.7 against 10.3.

Where do these Ratnamani Metals & Tubes figures come from?

From Ratnamani Metals & Tubes' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.