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 30.6, a price-to-book of about 4.7 — 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 ₹3,689 Cr for FY2026, with net profit of ₹434 Cr, per official filings.

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

Ratnamani Metals and Tubes last traded at ₹2,730.00 (+2.3% on the day), as of 9/4/2026 — 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 engages in the manufacturing of stainless-steel pipes, tubes, and carbon steel pipes in India and internationally. The company offers stainless steel products, such as heat exchanger tubes, instrumentation seamless tubes, and stainless-steel pipes; nickel alloy seamless heat exchanger tubes; titanium welded tubes; carbon steel products, including ERW pipes and SAW pipes; pipe coating solutions; and spools, induction bends, fittings, hangers, and engineered support systems. It also provides boiler tubes, heat exchanger tubes, instrumentation tubes, coiled tubing, integral low finned tubes, hollow bars, and diameter electric fusion welded SS pipes, as well as carbon steel line and submerged arc welded pipes. In addition, the company is involved in the sale of power generated from windmills. It serves oil and gas, city gas distribution, slurry lines, water transportation, LNG, petrochemicals, thermal power, defense, aerospace, and nuclear and atomic energy industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

Who owns it

Promoters67.2%
Institutions25.6%
Public & other7.2%

44 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 ₹5,624 Cr · EPS 89.30

Est. earnings growth +22.2%

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

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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

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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.