Ratnamani Metals

Who are the top shareholders of the Ratnamani Metals?

The top shareholders of Ratnamani Metals include the M N Sanghvi Family Trust with 52.16%, mutual funds at 18.71%, Foreign Institutional Investors (FIIs) holding 11.62%, and individual investors with 8.14%. The largest public shareholder is the Kotak Emerging Equity Scheme, which owns 5.42%.

The top shareholders of Ratnamani Metals include the promoters, who hold a significant majority of the shares. Specifically, Prakash M. Sanghvi and Jayanti Mishrimal Sanghvi, representing the M N Sanghvi Family Trust, hold the highest stake at 52.16%. <BR><BR>In addition to the promoters, mutual funds collectively hold 18.71% of the shares through 18 different schemes. Foreign Institutional Investors (FIIs) own 11.62%, with 109 FIIs participating in the company's equity. The highest public shareholder is the Kotak Emerging Equity Scheme, which holds 5.42%. Individual investors also have a stake, accounting for 8.14% of the total shares.

What does Ratnamani Metals do?

Ratnamani Metals & Tubes Ltd is a mid-cap company specializing in total piping solutions within the Iron & Steel Products industry, reporting net sales of ₹1,715 Cr and a net profit of ₹207 Cr for the quarter ending March 2025. The company has a market cap of ₹20,104 Cr and key financial metrics include a P/E ratio of 36.00 and a dividend yield of 0.50%.

Overview: <BR>Ratnamani Metals & Tubes Ltd is a multi-product company providing total piping solutions in the Iron & Steel Products industry, classified as a Mid Cap.<BR><BR>History: <BR>Incorporated on 15th September 1985, Ratnamani Metals & Tubes Ltd has maintained its status as a Public Limited Company. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,715 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 207 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 20,104 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 36.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.50% <BR>Debt Equity: -0.07 <BR>Return on Equity: 14.96% <BR>Price to Book: 5.43<BR><BR>Contact Details: <BR>Address: 17 Rajmugat Society, Naranpura Char Rasta Naranpura Ahmedabad Gujarat : 380013 <BR>Tel: 91-79-27415501-4 <BR>Email: info@ratnamani.com <BR>Website: http://www.ratnamani.com

What is the bonus history of the Ratnamani Metals?

Ratnamani Metals & Tubes Ltd issued a 1:2 bonus on June 30, 2022, meaning shareholders received one additional share for every two shares held, with a record date of July 1, 2022.

Ratnamani Metals & Tubes Ltd has a bonus history that includes a 1:2 bonus issue announced with an ex-date of June 30, 2022. The record date for this bonus was July 1, 2022. This means that for every two shares held, shareholders received one additional share as a bonus. If you have any more questions about the company or its financial activities, feel free to ask!

Has Ratnamani Metals declared dividend?

Ratnamani Metals & Tubes Ltd has declared a 700% dividend, amounting to ₹14 per share, with an ex-date of August 20, 2024. While recent total returns have been negative over shorter periods, longer-term performance shows significant growth.

Ratnamani Metals & Tubes Ltd has declared a 700% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 700%<BR>- Amount per share: 14 per share<BR>- Ex-date: 20 Aug 24<BR><BR>Dividend Yield: 0.5%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -14.39%, the dividend return was 0%, resulting in a total return of -14.39%.<BR><BR>Over the past year, the price return was -15.59%, the dividend return was 0.41%, leading to a total return of -15.18%.<BR><BR>In the 2-year period, the price return was 23.79%, the dividend return was 1.12%, which resulted in a total return of 24.91%.<BR><BR>For the 3-year period, the price return was 61.87%, the dividend return was 2.19%, culminating in a total return of 64.06%.<BR><BR>In the last 4 years, the price return was 116.4%, the dividend return was 3.67%, resulting in a total return of 120.07%.<BR><BR>Over the past 5 years, the price return was 369.79%, the dividend return was 7.12%, leading to a total return of 376.91%.<BR><BR>Overall, Ratnamani Metals has declared a significant dividend, but the recent total returns indicate a mixed performance, particularly in shorter time frames, while longer periods show substantial growth.

Who are the peers of the Ratnamani Metals?

Ratnamani Metals' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Jindal Saw, Godawari Power, Gallantt Ispat L, Usha Martin, Mah. Seamless, and Surya Roshni. APL Apollo Tubes shows excellent management and growth, while Ratnamani Metals has good management risk and average growth, with a 1-year return of -17.31%.

Peers: The peers of Ratnamani Metals are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Jindal Saw, Godawari Power, Gallantt Ispat L, Usha Martin, Mah. Seamless, and Surya Roshni.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Godawari Power, Usha Martin, and Ratnamani Metals, and Average management risk is noted at Jindal Saw, Gallantt Ispat L, Mah. Seamless, and Surya Roshni. Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics, Ratnamani Metals, and Mah. Seamless, and Below Average growth is noted at Welspun Corp, Usha Martin, and Surya Roshni. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, Godawari Power, Gallantt Ispat L, Usha Martin, Mah. Seamless, and Surya Roshni, while Good capital structure is found at Welspun Corp and Technocraf.Inds., and Below Average capital structure is noted at Jindal Saw.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while the peer with the lowest 1-year return is Jindal Saw at -22.97%. Ratnamani Metals has a 1-year return of -17.31%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Jindal Saw, Godawari Power, and Usha Martin have negative six-month returns.

Who are in the management team of Ratnamani Metals?

As of March 2023, the management team of Ratnamani Metals includes P M Sanghvi (Chairman & Managing Director), J M Sanghvi (Joint Managing Director), S M Sanghvi (Whole-time Director), and several independent directors, totaling eleven members who oversee the company's governance and operations.

As of March 2023, the management team of Ratnamani Metals includes:<BR><BR>1. P M Sanghvi - Chairman & Managing Director<BR>2. J M Sanghvi - Joint Managing Director<BR>3. S M Sanghvi - Whole-time Director<BR>4. D C Anjaria - Independent Director<BR>5. V M Agrawal - Independent Director<BR>6. P M Mehta - Independent Director<BR>7. Nidhi G Gadhecha - Independent Director<BR>8. Anil Maloo - Company Secretary & Compliance Officer<BR>9. Sushil Solanki - Independent Director<BR>10. Dhinal A. Shah - Independent Director<BR>11. Rajesh G. Desai - Independent Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and management of the company.

How big is Ratnamani Metals?

As of 24th July, Ratnamani Metals & Tubes Ltd has a market capitalization of 19,660.00 Cr, with recent net sales of 5,186.48 Cr and a net profit of 543.97 Cr.

As of 24th July, Ratnamani Metals & Tubes Ltd has a market capitalization of 19,660.00 Cr, categorizing it as a Mid Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 5,186.48 Cr and a Net Profit of 543.97 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 3,140.53 Cr and Total Assets of 4,019.83 Cr.

Is Ratnamani Metals technically bullish or bearish?

As of 17 October 2025, Ratnamani Metals shows a mildly bearish trend with mixed signals, as the weekly MACD is mildly bullish while the monthly MACD remains bearish, indicating weak bearish sentiment but potential for longer-term recovery.

As of 17 October 2025, the technical trend for Ratnamani Metals has changed from bearish to mildly bearish. The current stance is mildly bearish with some mixed signals across different time frames. The weekly MACD is mildly bullish, but the monthly MACD remains bearish. The RSI shows no signal on the weekly chart while being bullish on the monthly. Bollinger Bands indicate a mildly bearish trend weekly and bearish monthly. Daily moving averages are also mildly bearish. KST is bearish on both weekly and monthly time frames. Dow Theory shows a mildly bearish stance weekly and mildly bullish monthly. Overall, the indicators suggest a weak bearish sentiment with some potential for recovery in the longer term.

When is the next results date for Ratnamani Metals?

Ratnamani Metals will announce its results on 07 November 2025.

Ratnamani Metals will declare its results on 07 November 2025.

How has been the historical performance of Ratnamani Metals?

Ratnamani Metals has shown consistent growth, with net sales increasing from ₹2,298.13 Cr in Mar'21 to ₹5,186.47 Cr in Mar'25, and profit after tax rising from ₹276.00 Cr to ₹541.57 Cr in the same period, indicating strong financial health and performance. Total assets also grew significantly, reflecting robust operational efficiency.

Answer:<BR>The historical performance of Ratnamani Metals shows a consistent growth trajectory in net sales and profits over the years.<BR><BR>Breakdown:<BR>Ratnamani Metals has demonstrated significant growth in net sales, increasing from 2,298.13 Cr in Mar'21 to 5,186.47 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 2,298.13 Cr in Mar'21 to 5,186.47 Cr in Mar'25. The company's total expenditure also increased, but at a slower pace, leading to an operating profit (PBDIT) that grew from 399.80 Cr in Mar'21 to 883.13 Cr in Mar'25. Profit before tax followed a similar pattern, climbing from 363.46 Cr in Mar'21 to 737.99 Cr in Mar'25, while profit after tax reached 541.57 Cr in Mar'25, up from 276.00 Cr in Mar'21. The company's total assets increased from 2,544.57 Cr in Mar'20 to 4,902.94 Cr in Mar'25, with total liabilities also rising but remaining manageable. Cash flow from operating activities improved significantly, reaching 536.00 Cr in Mar'25 compared to 215.00 Cr in Mar'20. Overall, Ratnamani Metals has shown robust financial health and growth in key performance metrics over the years.

Is Ratnamani Metals overvalued or undervalued?

As of November 24, 2025, Ratnamani Metals is considered overvalued with a PE ratio of 26.74, an EV to EBITDA of 17.42, and a Price to Book Value of 4.19, all higher than its peers, while also underperforming the Sensex with a year-to-date return of -27.32%.

As of 24 November 2025, Ratnamani Metals has moved from a fair to an expensive valuation grade. The company appears overvalued based on its current financial metrics. Key ratios include a PE ratio of 26.74, an EV to EBITDA of 17.42, and a Price to Book Value of 4.19, all of which suggest a premium valuation compared to its peers.<BR><BR>In comparison to its industry, Ratnamani Metals' PE ratio is notably higher than that of Jindal Steel at 26.27 and Tata Steel at 27.72, both of which are considered fairly valued or attractive. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -27.32% compared to the Sensex's 8.65%, reinforcing the narrative of overvaluation.

Are Ratnamani Metals & Tubes Ltd latest results good or bad?

Ratnamani Metals & Tubes Ltd's latest results are concerning, showing a 10.56% sequential decline in net sales and a 19.36% drop in net profit for Q3 FY26, reflecting operational challenges and a tough demand environment. Overall, the financial trend indicates a downturn, raising concerns about the company's near-term prospects.

Ratnamani Metals & Tubes Ltd's latest results indicate a challenging quarter. For Q3 FY26, the company reported a significant decline in net sales, which fell by 10.56% sequentially to ₹1,065.83 crores, marking the lowest quarterly sales figure in recent history. This decline is compounded by a 19.03% year-on-year drop, reflecting a concerning trend in revenue generation.<BR><BR>The consolidated net profit also took a hit, decreasing by 19.36% quarter-on-quarter to ₹109.85 crores, and down 16.34% compared to the same quarter last year. While the operating margin showed some resilience, improving to 19.21% from the previous quarter, it was not enough to offset the overall decline in profitability.<BR><BR>The performance highlights operational challenges, including a deteriorating demand environment and increased competition in the steel pipes sector. Overall, the financial trend appears negative, with key metrics indicating a downturn, raising concerns about the company's near-term prospects.

Should I buy, sell or hold Ratnamani Metals & Tubes Ltd?

Why is Ratnamani Metals & Tubes Ltd falling/rising?

As of 01-May, Ratnamani Metals & Tubes Ltd's stock price is declining, currently at Rs 2,642.40, due to a recent drop in profits and high valuation concerns, despite strong long-term performance. The stock has fallen -2% over the last three days, influenced by negative quarterly results and investor reassessment.

As of 01-May, Ratnamani Metals & Tubes Ltd is experiencing a decline in its stock price, currently at Rs 2,642.40, which reflects a change of -17.5 (-0.66%). This downward movement is attributed to a consecutive fall over the last three days, resulting in a total decline of -2% during this period. Additionally, the stock touched an intraday low of Rs 2,601.1, marking a decrease of -2.21%.<BR><BR>Despite the recent price drop, the stock has shown strong performance over longer periods, outperforming the benchmark Sensex in the past week and month, with returns of +8.04% and +20.10%, respectively. However, the recent negative results reported for the December quarter, including a -13.0% decline in profit before tax and an -18.4% drop in profit after tax compared to the previous four-quarter average, have likely contributed to investor concerns and the current price decline.<BR><BR>Moreover, while the company has a high management efficiency with a return on equity (ROE) of 16.88% and a very low debt-to-equity ratio of 0.01, the stock is considered to have an expensive valuation with a price-to-book value of 4.8. This valuation, combined with the recent negative earnings performance, may be leading investors to reassess their positions, contributing to the stock's fall.

Which are the latest news on Ratnamani Metals?