Ratnamani Metals & Tubes Limited

Capital Goods · Industrial Products

NSE: RATNAMANI BSE: 520111

₹2725.50

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #20 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
Ratnamani Metals & Tubes Limited (this stock)	19,104	55.7	12.7%	12.9%	0.37%	63	15	50

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹19,038 Cr

EV / EBITDA

32.7x

EV / Sales

5.65x

Market cap / Sales

5.67x

Earnings yield

1.80%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 766 Cr, down 30.2% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	741	73	54	₹7.7100
March 31, 2026	893	126	93	₹13.2500
Dec. 31, 2025	794	118	88	₹12.5400
Sept. 30, 2025	940	144	108	₹15.4400
June 30, 2025	1,062	195	145	₹20.6800
March 31, 2025	1,575	301	225	₹32.0600
Dec. 31, 2024	1,294	200	146	₹20.7600
Sept. 30, 2024	898	137	102	₹14.6200
June 30, 2024	1,110	139	105	₹15.0200
March 31, 2024	1,424	222	168	₹23.9900
Dec. 31, 2023	1,199	179	134	₹19.1900
Sept. 30, 2023	1,072	226	169	₹24.1600
June 30, 2023	1,112	182	137	₹19.4900

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	766	921	823	973	1,097	1,613	1,307	917	1,123	1,437	1,212	1,084	1,120
Operating revenue	741	893	794	940	1,062	1,575	1,294	898	1,110	1,424	1,199	1,072	1,112
Other income	25	28	29	34	35	38	14	19	12	13	13	13	8
Operating expenses	661	771	658	800	871	1,283	1,080	749	956	1,184	1,005	831	913
Operating profit	80	122	136	140	192	292	214	149	155	240	194	240	199
Operating profit margin	10.8%	13.6%	17.2%	14.9%	18.0%	18.5%	16.5%	16.6%	13.9%	16.9%	16.2%	22.4%	17.9%
Depreciation	30	29	28	27	27	24	23	22	22	21	21	20	21
Interest	1	2	1	3	4	4	4	9	5	9	7	6	5
Exceptional items, gain / (loss)	—	8	-18	—	—	—	—	—	—	—	—	—	—
Profit before tax	73	126	118	144	195	301	200	137	139	222	179	226	182
Tax	19	33	30	36	50	77	55	34	34	54	45	57	45
Net profit	—	93	88	108	145	225	146	102	105	168	134	169	137
EPS	7.71	13.25	12.54	15.44	20.68	32.06	20.76	14.62	15.02	23.99	19.19	24.16	19.49
Net profit (TTM)	—	434	566	623	618	578	521	510	577	609	637	634	564
EPS (TTM)	48.94	61.91	80.72	88.94	88.12	82.46	74.39	72.82	82.36	86.83	90.81	90.51	80.44

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	3,689	583	434
March 31, 2025	4,876	778	578
March 31, 2024	4,807	810	609
March 31, 2023	4,370	694	514

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-4.7%	10.3%	3,814^†	4,959^†	4,853^†	4,401^†	3,176^†	2,341^†	2,645^†	2,796^†	1,813^†	1,489^†
Operating revenue	-5.5%	10.0%	3,689	4,876	4,807	4,370	3,139^†	2,292^†	2,583^†	2,755^†	1,790^†	1,476^†
Other income	—	—	125^†	83^†	46^†	31^†	38^†	49^†	62^†	41^†	23^†	13^†
Operating expenses	—	—	3,100^†	4,067^†	3,933^†	3,608^†	2,644^†	1,898^†	2,159^†	2,348^†	1,515^†	1,215^†
Operating profit	-8.2%	8.4%	590^†	809^†	874^†	762^†	494^†	394^†	424^†	407^†	275^†	261^†
Operating profit margin	—	—	16.0%^†	16.6%^†	18.2%^†	17.4%^†	15.7%^†	17.2%^†	16.4%^†	14.8%^†	15.4%^†	17.7%^†
Depreciation	—	—	111^†	92^†	84^†	76^†	80^†	57^†	59^†	62^†	61^†	60^†
Interest	—	—	10^†	22^†	27^†	23^†	21^†	23^†	21^†	15^†	10^†	5^†
Exceptional items, gain / (loss)	—	—	-10^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-5.6%	9.9%	583	778	810	694	431^†	363^†	406^†	371^†	228^†	205^†
Tax	—	—	149^†	200^†	201^†	180^†	108^†	87^†	99^†	118^†	76^†	—
Net profit	-5.5%	9.5%	434	578	609	514	322^†	276^†	307^†	253^†	152^†	144^†
EPS	-5.5%	1.0%	61.91^†	82.46^†	86.83^†	73.33^†	68.99^†	59.04^†	65.81^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	16.0%^†	16.6%^†	18.2%^†	17.4%^†	15.7%^†	17.2%^†	16.4%^†	14.8%^†	15.4%^†	17.7%^†
EBIT margin	16.1%^†	16.4%^†	17.4%^†	16.4%^†	14.4%^†	16.9%^†	16.5%^†	14.0%^†	13.3%^†	14.3%^†
PBT margin	15.8%	16.0%	16.8%	15.9%	13.7%^†	15.9%^†	15.7%^†	13.5%^†	12.7%^†	13.9%^†
Net margin	11.8%	11.9%	12.7%	11.8%	10.3%^†	12.0%^†	11.9%^†	9.2%^†	8.5%^†	9.8%^†
Interest coverage	58.09x^†	36.06x^†	30.79x^†	31.20x^†	21.57x^†	16.87x^†	20.38x^†	26.09x^†	24.11x^†	40.09x^†
Dividend payout	22.6%^†	17.0%^†	13.8%^†	12.7%^†	20.3%^†	0.0%^†	31.9%^†	—	—	—
Earnings retention	77.4%^†	83.0%^†	86.2%^†	87.3%^†	79.7%^†	100.0%^†	68.1%^†	—	—	—
Current ratio	6.70x	3.99x	—	—	—	—	—	—	—	—
Quick ratio	4.39x	2.41x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	10.6%	15.6%	—	—	—	—	—	—	—	—
Return on assets	9.4%	12.5%	—	—	—	—	—	—	—	—
Return on capital employed	14.1%^†	20.9%^†	—	—	—	—	—	—	—	—
Asset turnover	0.80x	1.06x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	976	-1,025	-106	300	676
March 31, 2025	521	-345	-160	250	271
March 31, 2024	489	-109	-208	175	314
March 31, 2023	317	-243	-83	129	188
March 31, 2022	-272	406	-135	144	-416

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	4,632	4,081	4,067	0	0	2,877	429	66	1,275	992
March 31, 2025	4,607	3,709	3,695	0	0	3,122	782	220	1,094	1,240
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.