Is Ratnamani Metals and Tubes (RATNAMANI) overvalued or fairly valued?

MarketChacha shows Ratnamani Metals and Tubes's valuation in context — a forward P/E of about 25.4, a price-to-book of about 3.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Ratnamani Metals and Tubes's revenue?

Ratnamani Metals and Tubes reported revenue of ₹4,494 Cr for FY2026, with net profit of ₹483 Cr, per official filings.

What is the share price of Ratnamani Metals and Tubes (RATNAMANI)?

Ratnamani Metals and Tubes last traded at ₹2,255.00 (+2.6% on the day), as of 8/11/2026 — a delayed quote shown for education, not investment advice.

Ratnamani Metals and Tubes

RATNAMANI · NSE · Metals · India

Snapshot

TickerRATNAMANI

ExchangeNSE

SectorMetals

IndustrySteel

CountryIndia

Employees3,324

HeadquartersAhmedabad, India

Websitewww.ratnamani.com

Filings tracked0

About Ratnamani Metals and Tubes

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless-steel products include seamless heat exchanger tubes, boiler tubes, instrumentation tubes, seamless pipes, heater pipes, seamless integral low-finned tubes, hollow bars, and coil tubes; and welded tubes and pipes, such as titanium welded tubes, seam-welded integral low, finned tubes, coil tubes, square and rectangular pipes, stainless steel 3lpe / pp /, and aro coated pipes. It also provides nickel alloy seamless heat exchanger and instrumentation tubes, and nickel alloy seamless pipes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers pipe coating solutions comprising external three-layer polyethylene/polypropylene coating and single/dual-layer fusion bonded epoxy coating; and internal coating solutions, such as internal liquid epoxy and cement mortar lining coatings. Further, it is involved in the generation of power from windmills. The company offers its products for various industries and applications, such as oil and gas exploration, LNG, food and dairy, fertilizer plants, thermal, solar and nuclear plants, defence, automobile, chemical, power plants, CNG, sugar, pulp and paper, petrochemicals and refineries, atomic energy, aerospace, desalination plants, pharmaceutical, marine, cross-country pipeline for gas and water, pipes for engineering purpose, booster compressors and dispensers, water distribution pipelines, plumbing and heating, city gas distribution, structural pipe systems, sewerage, dredging pipes, mining pipes, air duct pipes, high mast pipes for windmill towers, and general purpose applications. The company was incorporated in 1983 and is headquartered in Ahmedabad, India.

Who owns it

Promoters67.2%
Institutions25.8%
Public & other7.0%

45 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend11.8% → 10.7%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 1% · PAT -2%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹1,261 Cr · EPS 27.20

Est. earnings growth +88.2%

Next fiscal year

Rev ₹5,620 Cr · EPS 88.90

Est. earnings growth +21.6%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹4,494 Cr

Net margin

10.7%

Revenue CAGR (3y)

+0.9%

Profit CAGR (3y)

-2.1%

Net profit (FY2026)

₹483 Cr

Ask MarketChacha about RATNAMANI

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹4,494 Cr	₹483 Cr	10.7%
FY2025	₹4,876 Cr	₹578 Cr	11.9%
FY2024	₹5,059 Cr	₹623 Cr	12.3%
FY2023	₹4,370 Cr	₹514 Cr	11.8%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹972 Cr	₹82 Cr	8.5%
Q4 FY26	₹1,085 Cr	₹105 Cr	9.6%
Q3 FY26	₹794 Cr	₹110 Cr	13.8%
Q2 FY26	₹1,192 Cr	₹136 Cr	11.4%
Q1 FY26	₹1,152 Cr	₹132 Cr	11.4%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.