RATNAMANI
520111ESG Rating By CRISIL ESG Ratings & Analytics Limited
ESG RATING BY CRISIL ESG RATINGS & ANALYTICS LIMITED
Ratnamani Metals & Tubes Ltd is a leading Indian manufacturer specializing in stainless steel and carbon steel welded/seamless tubes and pipes. Founded in 1983 and headquartered in Ahmedabad, Gujarat, the company serves a diverse clientele across sectors such as oil & gas, power, process industries, automotive, defense, and water. Ratnamani operates through modern manufacturing facilities equipped with advanced technology and a robust quality management system, underpinning its status as a reliable supplier for critical and large-scale industrial applications.
ESG Rating By CRISIL ESG Ratings & Analytics Limited
ESG RATING BY CRISIL ESG RATINGS & ANALYTICS LIMITED
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
INTIMATION FOR RECEIPT OF NEW EXPORT ORDERS BY THE SUBSIDIARY COMPANY NAMELY RATNAMANI FINOW SPOOLING SOLUTIONS PRIVATE LIMITED.
Shareholder Meeting / Postal Ballot-Outcome of AGM
MINUTES OF THE 42ND ANNUAL GENERAL MEETING HELD ON AUGUST 18, 2026 AT 10.30 AM
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Consolidated Scrutinizer''s Report on the remote e-Voting result
Shareholder Meeting / Postal Ballot-Outcome of AGM
PROCEEDINGS OF 42ND ANNUAL GENERAL MEETING HELD ON TUESDAY, AUGUST 18, 2026 HELD AT 10.30 A.M.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement of information to access the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026
Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation
Submission Of The Unaudited Financial Results (Standalone And Consolidated) Along With The Limited Review Report For The Quarter Ended On June 30, 2026 Under Regulation 33 Of The SEBI (LODR) Regulations, 2015
FINANCIAL RESULTS FOR THE QUARTER ENDED ON JUNE 30, 2026
Board Meeting Outcome for Submission Of The Unaudited Financial Results (Standalone And Consolidated) Along With The Limited Review Report For The Quarter Ended On June 30, 2026 Under Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Unaudited Financial Results (Standalone and Consolidated) along with the Limited Review Report by the Independent Auditors of the Company for the quarter ended on June 30, 2026, reviewed by the Audit Committee at its meeting held on August 6, 2026 and duly taken on record by the Board of Directors of the Company at its Meeting held today.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Publication of Newspaper Advertisement for the attention of the Shareholders of the Company for Second Special Window for transfer and dematerialization of physical shares of the Company.
Ratnamani Metals & Tubes Ltd
About
Ratnamani Metals & Tubes Ltd is a leading Indian manufacturer specializing in stainless steel and carbon steel welded/seamless tubes and pipes. Founded in 1983 and headquartered in Ahmedabad, Gujarat, the company serves a diverse clientele across sectors such as oil & gas, power, process industries, automotive, defense, and water. Ratnamani operates through modern manufacturing facilities equipped with advanced technology and a robust quality management system, underpinning its status as a reliable supplier for critical and large-scale industrial applications.
Over the years, Ratnamani has expanded both its production capacities and product offerings, establishing a strong export presence in over 50 countries. The company's commitment to innovation is reflected in its development of specialized alloys and tailor-made solutions, catering to stringent requirements for high-pressure, high-temperature, and corrosive environments. Ratnamani's consistent focus on customer satisfaction, operational efficiency, and adherence to international standards has contributed to its reputation in the global metals and tubes market.
Business Model & Strategy
Ratnamani Metals & Tubes Ltd earns its revenues primarily from the manufacturing and sale of stainless steel and carbon steel tubes and pipes, emphasizing customized solutions for projects in oil and gas transmission, refineries, petrochemicals, district cooling, and power plants. Its vertically integrated operations comprise melting, rolling, cold working, finishing, and testing, allowing significant control over quality and costs.
Growth strategies include continuous capacity expansions, product diversification—such as the introduction of alloy and high-performance pipes—capitalizing on the trend toward indigenization and import substitution, and targeting new export markets. The company leverages long-term relationships with EPC contractors, public sector undertakings, and leading multinational firms, while also investing in research and development to respond to emerging industrial requirements and environmental standards.
Management Overview
12 MembersMr.PRAKASH M SANGHVI
Executive Director-Chairperson related to Promoter-MDMr.JAYANTI MISHRIMAL SANGHVI
Executive Director-MDVimalKatta
Chief Financial OfficerMr.SHANTILAL MISHRIMAL SANGHVI
Executive DirectorMr.MANOJ PRAKASH SANGHVI
Executive Director-CEOMr.PRASHANT JAYANTILAL SANGHVI
Executive DirectorMr.RAJENDRA SHANTILAL SHAH
Non-Executive - Independent DirectorMr.SUSHIL SOLANKI
Non-Executive - Independent DirectorMr.DHINAL ASHVINBHAI SHAH
Non-Executive - Independent DirectorMr.RAJESH GAJENDRA DESAI
Non-Executive - Independent DirectorMrs.SANGEETHA CHHAJED
Non-Executive - Independent DirectorMr.Anil Maloo
Company Secretary & Legal Head, Compliance OfficerAwards & Recognition
5 Awards- Recipient of the Dun & Bradstreet India's Top 500 Companies Award (2023)
- Certified as a 'Great Place to Work' (2024)
- India Manufacturing Excellence Award by Frost & Sullivan (2023)
- Consistently rated among India’s Most Trusted Brands in Pipes and Tubes (Tijori, 2024)
- Strong ESG disclosures aligned with SEBI mandates (annual reports 2023-24, 2024-25)
Market Information
This stock in not included in any Index
Company Timeline
42+ Years of Excellence | 8 Major Milestones
Foundation of Ratnamani Metals & Tubes Ltd in Ahmedabad, Gujarat
Expansion into export markets
Listing on the Bombay Stock Exchange and National Stock Exchange of India
Commissioning of large diameter stainless steel pipe manufacturing facility
Major capacity expansion in carbon steel division
Acquisition of Maharashtra Seamless’ pipe plant assets
Commissioning of new high-performance alloy tubes line
Recognition for ESG reporting and manufacturing excellence
The Next Evolution
Contact Information
Registered Office
17 Rajmugat Society Naranpura Char Rasta, Ankur Road Naranpura
Tel: 079-27415501 / 27415502 / 27415503 / 27415504,
Fax: 079-27480999,
Email: anil.maloo@ratnamani.com
Website: ratnamani.com
Corporate Actions
13| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹10 per share | 11 Aug 2026 Tuesday | 11 Aug 2026 Tuesday | - | - |
Final Dividend ₹14 per share | 02 Sep 2025 Tuesday | 02 Sep 2025 Tuesday | - | - |
Final Dividend ₹14 per share | 20 Aug 2024 Tuesday | - | 21 Aug 2024 Wednesday | 27 Aug 2024 Tuesday |
Final Dividend ₹12 per share | 27 Jul 2023 Thursday | - | 28 Jul 2023 Friday | 03 Aug 2023 Thursday |
Dividend ₹9.33 per share | 01 Aug 2022 Monday | - | 03 Aug 2022 Wednesday | 09 Aug 2022 Tuesday |
Bonus issue 1:2 | 30 Jun 2022 Thursday | 01 Jul 2022 Friday | - | - |
Final Dividend ₹14 per share | 17 Sep 2021 Friday | - | 21 Sep 2021 Tuesday | 27 Sep 2021 Monday |
Interim Dividend ₹12 per share | 17 Mar 2020 Tuesday | 18 Mar 2020 Wednesday | - | - |
Final Dividend ₹9 per share | 01 Aug 2019 Thursday | - | 03 Aug 2019 Saturday | 09 Aug 2019 Friday |
Final Dividend ₹6 per share | 01 Aug 2018 Wednesday | - | 03 Aug 2018 Friday | 09 Aug 2018 Thursday |
Final Dividend ₹5.50 per share | 04 Sep 2017 Monday | - | 06 Sep 2017 Wednesday | 12 Sep 2017 Tuesday |
Interim Dividend ₹5.50 per share | 17 Mar 2016 Thursday | 19 Mar 2016 Saturday | - | - |
Dividend ₹5.50 per share | 15 Sep 2015 Tuesday | - | 17 Sep 2015 Thursday | 23 Sep 2015 Wednesday |
₹18,259 Cr.
₹2,614
₹3,345 / 1,937
42.18
₹600.31
4.34
₹61.76
₹2.00
0.92 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 2,796 | 2,645 | 2,342 | 3,176 | 4,507 | 5,132 | 5,246 | 4,616 | 4,423 |
| Expenses | - | - | - | 2,426 | 2,239 | 1,978 | 2,746 | 3,814 | 4,305 | 4,508 | 3,899 | 3,745 |
| Profit | - | - | - | 253 | 308 | 276 | 323 | 512 | 625 | 542 | 534 | 514 |
| Tax | - | - | - | 118 | 99 | 87 | 108 | 181 | 203 | 196 | 172 | 154 |
| EPS | - | - | - | 54 | 66 | 59 | 69 | 73 | 89 | 77 | 69 | 11.72 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,906 | 5,388 | - |
| Equity And Liabilities | - | - | - | 2,053 | 2,545 | 2,617 | 2,962 | 3,780 | 4,020 | 4,906 | 5,388 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 15 May '19 | Mar 2020 23 Apr '20 | Mar 2021 06 Apr '21 | Mar 2022 13 Apr '22 | Mar 2023 13 Apr '23 | Mar 2024 08 Apr '24 | Mar 2025 08 Apr '25 | Mar 2026 10 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | 0.02% | - | - |
| Promoter And Promoter Group | - | - | - | 60.09% | 60.16% | 60.16% | 60.16% | 60.06% | 59.77% | 59.77% | 59.77% | - |
| Non Institutions | - | - | - | 19.49% | 17.91% | 14.36% | 11.45% | 10.77% | 11.22% | 9.78% | 10.15% | - |
| FII | - | - | - | - | - | - | - | 12.77% | 12.87% | 11.62% | 10.60% | - |
| DII | - | - | - | - | - | - | - | 16.39% | 16.13% | 18.80% | 19.45% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Ltd is a leading Indian manufacturer specializing in stainless steel and carbon steel welded/seamless tubes and pipes. Founded in 1983 and headquartered in Ahmedabad, Gujarat, the company serves a diverse clientele across sectors such as oil & gas, power, process industries, automotive, defense, and water. Ratnamani operates through modern manufacturing facilities equipped with advanced technology and a robust quality management system, underpinning its status as a reliable supplier for critical and large-scale industrial applications.
Over the years, Ratnamani has expanded both its production capacities and product offerings, establishing a strong export presence in over 50 countries. The company's commitment to innovation is reflected in its development of specialized alloys and tailor-made solutions, catering to stringent requirements for high-pressure, high-temperature, and corrosive environments. Ratnamani's consistent focus on customer satisfaction, operational efficiency, and adherence to international standards has contributed to its reputation in the global metals and tubes market.
Ratnamani Metals & Tubes Ltd earns its revenues primarily from the manufacturing and sale of stainless steel and carbon steel tubes and pipes, emphasizing customized solutions for projects in oil and gas transmission, refineries, petrochemicals, district cooling, and power plants. Its vertically integrated operations comprise melting, rolling, cold working, finishing, and testing, allowing significant control over quality and costs.
Growth strategies include continuous capacity expansions, product diversification—such as the introduction of alloy and high-performance pipes—capitalizing on the trend toward indigenization and import substitution, and targeting new export markets. The company leverages long-term relationships with EPC contractors, public sector undertakings, and leading multinational firms, while also investing in research and development to respond to emerging industrial requirements and environmental standards.
Recipient of the Dun & Bradstreet India's Top 500 Companies Award (2023)
Certified as a 'Great Place to Work' (2024)
India Manufacturing Excellence Award by Frost & Sullivan (2023)
Consistently rated among India’s Most Trusted Brands in Pipes and Tubes (Tijori, 2024)
Strong ESG disclosures aligned with SEBI mandates (annual reports 2023-24, 2024-25)
This stock in not included in any Index
Foundation of Ratnamani Metals & Tubes Ltd in Ahmedabad, Gujarat
Expansion into export markets
Listing on the Bombay Stock Exchange and National Stock Exchange of India
Commissioning of large diameter stainless steel pipe manufacturing facility
Major capacity expansion in carbon steel division
Acquisition of Maharashtra Seamless’ pipe plant assets
Commissioning of new high-performance alloy tubes line
Recognition for ESG reporting and manufacturing excellence
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon
Heatmap View
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Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
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Coming Soon