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Ratnamani Metals & Tubes Ltd.

Iron & SteelSteel & Iron Products

www.ratnamani.com BSE: 520111NSE: RATNAMANI

₹2,690.05BSE0.37%

16 Sep, 4:01 PM

₹2,690.05

₹18.83K Cr

43.49

4.51

13.89%

₹2,711.90

₹2,611.70

₹2,891.30

₹1,900.05

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Price Performance

Peer Comparison

Name
JSWSL JSWSTEEL	1,248.80	12.14	3,05,388.29	0.58	4,696.00	112.58%	47,364.00	9.77%	20.67
TATA STEEL TATASTEEL	182.85	20.75	2,28,259.99	2.18	2,385.24	18.82%	60,794.29	14.32%	12.70
STEEL AUTH. SAIL	173.05	16.74	71,478.74	1.36	1,644.05	120.80%	26,245.67	1.25%	7.08
WELCORP WELCORP	2,420.00	27.58	63,837.34	0.21	1,047.88	200.11%	4,081.12	14.91%	23.94
JSL JSL	730.60	18.39	60,232.10	0.55	768.66	7.56%	11,278.54	10.50%	19.19
APL APOLLO APLAPOLLO	2,116.50	47.80	58,766.40	0.40	263.11	10.94%	5,606.71	8.45%	31.83
SHYAMMETL SHYAMMETL	1,053.90	26.04	29,417.71	0.43	350.73	20.66%	5,455.09	23.33%	13.88
Ratnamani Metals & Tubes Ltd. RATNAMANI	2,690.05	43.49	18,828.11	0.37	107.03	-15.82%	971.63	-15.63%	18.01

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,495.71	1,183.70	971.33	1,316.30	1,715.15	1,151.62	1,191.69	1,065.83	1,084.82	971.63
Expenses	1,250.04	1,019.66	817.81	1,112.47	1,413.02	963.47	980.44	861.12	931.20	809.43
	245.67	164.03	153.52	203.84	302.13	188.15	211.24	204.71	153.62	162.20
	16.42%	13.86%	15.80%	15.49%	17.62%	16.34%	17.73%	19.21%	14.16%	16.69%
	38.81	12.28	19.54	18.69	9.11	30.29	26.91	12.96	41.39	17.59
Interest	11.73	9.72	13.57	7.47	6.67	10.99	6.67	7.38	6.30	6.17
	24.96	26.24	25.89	26.94	28.64	31.67	32.04	33.22	34.69	36.21
	247.79	140.35	133.58	188.12	275.94	175.78	199.44	177.08	154.04	137.41
	22.07%	24.56%	25.62%	29.21%	26.37%	27.67%	21.76%	23.55%	24.75%	22.11%
	192.16	105.13	100.39	131.31	207.14	131.82	136.22	109.85	104.65	82.16
	27.42	15.00	14.32	18.74	29.55	18.81	19.44	15.67	14.93	11.72

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	3,140.86	4,637.19	5,152.51	5,217.69	4,546.51
	3,138.78	4,474.40	5,059.10	5,186.47	4,493.96
EXPENDITURE :
Increase/Decrease in Stock	-220.75	-140.42	-109.31	103.11	46.48
Raw Material Consumed	2,324.63	3,086.08	3,438.94	3,268.94	2,633.74
Power & Fuel Cost	57.70	82.60	84.09	94.93	94.99
Employee Cost	159.14	209.23	257.77	313.30	364.97
Other Manufacturing Expenses	262.56	387.26	397.65	474.07	460.39
General and Administration Expenses	23.50	32.80	35.51	44.53	69.67
Selling and Distribution Expenses	10.12	9.16	13.12	16.55	12.31
Miscellaneous Expenses	27.18	32.31	44.20	47.53	53.68
	2,644.08	3,699.02	4,161.97	4,362.96	3,736.23
Operating Profit (Excl OI)	494.70	775.39	897.12	823.52	757.73
	37.81	32.69	73.21	59.62	121.95
	532.51	808.07	970.34	883.14	879.68
Interest	21.36	31.19	45.13	37.43	31.34
PBDT	511.15	776.88	925.21	845.71	848.34
	80.21	83.34	97.54	107.72	131.60
Profit Before Taxation & Exceptional Items	430.94	693.54	827.67	737.99	716.74
Exceptional Income / Expenses					-10.40
	430.94	693.54	827.67	737.99	706.34
Provision for Tax	108.30	181.26	202.57	196.42	171.87
	322.64	512.28	625.10	541.57	534.47
Extra items				0.00	0.00
Minority Interest		-1.80	-2.31	2.41	-51.91
Consolidated Net Profit	322.64	510.48	622.79	543.98	482.55
Profit Balance B/F	1,225.22	1,482.87	1,836.50	2,372.95	2,862.89
Appropriations	1,547.87	1,993.35	2,459.29	2,916.93	3,345.44
Equity Dividend %	466.50%	600.00%	700.00%	700.00%	500.00%
	69.05	72.83	88.85	77.61	68.85
Adjusted EPS	46.03	72.83	88.85	77.61	68.85

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	9.35	14.02	14.02	14.02	14.02
Share Warrants & Outstandings				10.11	40.88
Total Reserves	2,238.97	2,589.89	3,126.51	3,612.91	4,055.73
Reserve excluding Revaluation Reserve	2,238.97	2,589.89	3,126.51	3,612.91	4,055.73
Revaluation reserve				0.00
	2,248.32	2,603.90	3,140.53	3,637.04	4,110.63
Minority Interest		72.07	75.67	27.59	97.09
Secured Loans	96.27	57.24	21.06	29.02	115.23
Unsecured Loans				35.86	47.91
Deferred Tax Assets / Liabilities	42.03	69.98	74.06	77.80	85.67
Other Long Term Liabilities	10.17	116.33	108.47	96.48	56.03
Long Term Provisions				1.97	3.48
Total Non-Current Liabilities	148.47	243.55	203.59	241.13	308.33
Trade Payables	314.49	374.19	355.99	383.98	340.48
Other Current Liabilities	240.96	354.05	166.00	519.49	392.48
Short Term Borrowings		95.83	65.70	65.76	122.06
Short Term Provisions	10.25	36.69	12.35	27.95	13.85
Total Current Liabilities	565.69	860.76	600.04	997.18	868.86
Total Liabilities	2,962.48	3,780.28	4,019.83	4,902.94	5,384.91
Gross Block	1,296.60	1,619.08	1,755.30	2,038.79	2,428.73
Less: Accumulated Depreciation	421.96	497.21	591.41	690.35	818.12
Net Block	874.63	1,121.87	1,163.89	1,348.44	1,610.61
Capital Work in Progress	106.79	101.08	166.53	189.88	302.05
Long Term Investment				0.00
Long Term Loans & Advances	14.35	15.08	21.22	53.84	62.12
Other Non Current Assets	1.98	9.29	2.52	7.81	3.75
Total Non-Current Assets	997.76	1,247.31	1,354.15	1,599.98	1,978.53
Currents Investments	108.54	135.12	88.71	179.50	644.32
Inventories	1,111.97	1,259.17	1,348.70	1,506.00	1,274.86
Sundry Debtors	600.76	1,009.22	941.45	1,265.10	1,013.38
Cash and Bank	43.78	34.13	206.90	225.22	73.90
Other Current Assets	8.75	13.94	20.55	17.17	28.12
Short Term Loans and Advances	90.92	81.38	59.37	109.98	371.80
Total Current Assets	1,964.72	2,532.97	2,665.68	3,302.96	3,406.38
Net Current Assets (Including Current Investments)	1,399.03	1,672.21	2,065.64	2,305.78	2,537.51
Total Assets	2,962.48	3,780.28	4,019.83	4,902.94	5,384.91
Contingent Liabilities	55.05	52.04	54.07	52.86	55.87
Total Debt	148.28	224.18	142.43	140.57	304.27
	481.15	371.50	448.06	517.45	580.63
Adjusted Book Value	320.77	371.50	448.06	517.45	580.63

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	430.94	693.54	827.67	737.99	706.34
Adjustment	72.50	99.12	82.58	107.52	105.32
Changes In working Capital	-664.45	-332.59	-175.16	-127.37	302.22
Cash Flow after changes in Working Capital	-161.01	460.06	735.10	718.15	1,113.88
Cash Flow from Operating Activities	-283.00	310.47	511.23	536.22	936.01
Cash Flow from Investing Activities	417.77	-207.67	-145.26	-397.12	-1,147.64
Cash Flow from Financing Activitie	-134.54	-116.08	-192.95	-130.18	59.22
Net Cash Inflow / Outflow	0.23	-13.28	173.02	8.92	-152.41
Opening Cash & Cash Equivalents	43.64	43.78	34.12	206.89	225.22
Cash & Cash Equivalent of Subsidiaries under liquidations		3.68		14.10
Effect of Foreign Exchange Fluctuations	-0.09	-0.06	-0.25	-4.70	1.09
Closing Cash & Cash Equivalent	43.78	34.12	206.89	225.22	73.90

Ratios

Valuation

43.49

4.51

22.66

4.36

61.76

595.90

Profitability

13.89

18.01

10.39

16.67

11.76

Leverage & Liquidity

0.07

3.92

23.54

Returns

0.37

0.88

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
	59.77	59.77	59.77	59.77	59.77	59.77	59.77	59.77	59.77
	29.20	29.48	30.31	30.44	30.49	29.96	30.05	30.07	29.87
	11.02	10.75	9.92	9.78	9.74	10.27	10.19	10.15	10.37
	40.23	40.23	40.23	40.23	40.23	40.23	40.23	40.23	40.23
No. of Shareholders	39,503	38,493	33,802	33,430	32,422	40,486	39,516	38,601	36,573

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-07-29	Board Meeting	Quarterly Results
2026-05-27	AGM
2026-05-15	Ex Dividend	Rs.10.0000 per share(500%)Final Dividend	2026-08-11	2026-08-11

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Iron & SteelSteel & Iron Products

Ratnamani Metals & Tubes Ltd. operates in the Iron & Steel sector under the Steel & Iron Products industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

11 members across the board and senior leadership

Anil Maloo

Company Secretary & Compliance Officer

—

Prakash M Sanghvi

Chairman & Managing Director

₹25.10 Cr

Mar '26

Jayanti Sanghvi

Joint Managing Director

₹17.34 Cr

Mar '26

Shanti M Sanghvi

Whole Time Director

₹14.72 Cr

Mar '26

Manoj Prakash Sanghvi

Whole Time Director & Chief Executive Officer

₹1.58 Cr

Mar '26

Prashant Jayantilal Sanghvi

Whole Time Director

₹1.46 Cr

Mar '26

Rajendra S Shah

Non Executive Independent Director

₹10.30 L

Mar '26

Sushil Solanki

Non Executive Independent Director

₹21.40 L

Mar '26

Dhinal Shah

Non Executive Independent Director

₹20.60 L

Mar '26

Rajesh Desai

Non Executive Independent Director

₹17.00 L

Mar '26

Sangeetha Chhajed

Non Executive Independent Woman Director

₹12.30 L

Mar '26

RATNAMANI Latest News

News

10 of 10 articles

EQUITY10 Sept 2026 · 12:44

Ratnamani Metals & Tubes informs about credit rating

EQUITY31 Aug 2026 · 15:44

Ratnamani Metals & Tubes informs about ESG rating

EQUITY24 Aug 2026 · 16:52

Ratnamani Metals & Tubes informs about award of order receipt

EQUITY24 Aug 2026 · 15:01

Ratnamani Metals zooms as its arm bags export orders worth $286 million

The said orders are expected to be completed over a period of two to three years

COMPANY24 Aug 2026 · 14:50

Ratnamani Metals’ arm bags export orders worth $286 million

The said orders are expected to be completed over a period of two to three years

EQUITY14 Jul 2026 · 15:05

Ratnamani Metals & Tubes submits BRSR

EQUITY16 May 2026 · 15:22

Ratnamani Metals & Tubes informs about investor presentation

EQUITY16 May 2026 · 15:19

Ratnamani Metals & Tubes informs about press release

EQUITY15 May 2026 · 16:41

Ratnamani Metals reports Profit after tax of Rs 929.03 Mln, in the March 2026 quarter

EQUITY11 May 2026 · 15:41

Ratnamani Metals & Tubes informs about compliance report

RATNAMANI

₹2,690.05

-0.37%