Ratnamani Metals & Tubes Ltd (RATNAMANI) — shareholding pattern, promoter holding, financials and share price
About Ratnamani Metals & Tubes Ltd (RATNAMANI)
Ratnamani Metals & Tubes Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as RATNAMANI and on the BSE under scrip code 520111. Its ISIN is INE703B01027.
Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India. [1]
Ratnamani Metals & Tubes Limited manufactures a broad portfolio of stainless steel, nickel alloy, titanium and carbon steel pipes and tubes, supplying critical industries including oil & gas, refinery, petrochemicals, nuclear, power, desalination, defence, aerospace and semiconductor customers from multiple manufacturing locations in Gujarat and Odisha and through international marketing subsidiaries.
In Q3 2025‑26 Ratnamani Metals & Tubes Limited reported weaker standalone sales driven by softer carbon steel demand, yet consolidated EBITDA expanded to ₹235.9 Crores with margins rising to 22.1%, reflecting strong subsidiary contributions and disciplined cost management that preserved profitability despite lower standalone volumes.
Listed peers in Iron & Steel Products: Shyam Metalics & Energy Ltd, Jindal Saw Ltd, Godawari Power & Ispat Ltd, Gallantt Ispat Ltd., Usha Martin Ltd, Jayaswal Neco Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹2,691 a share on 10 Jul 2026, Ratnamani Metals & Tubes Ltd (RATNAMANI) was valued at a price-to-earnings ratio of 35.29x against an industry P/E of 37x and a price-to-book of 5.19x on a book value of ₹518.9 per share as of Mar 2025. Solomo computes return on equity of 14.69% and return on capital employed of 19.44% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 35.29x
- Industry P/E
- 37x
- P/B
- 5.19x
- EPS (TTM)
- ₹76.25
- Book value / share
- ₹518.9
- ROE
- 14.69%
- ROCE
- 19.44%
- ROA
- 10.89%
- Debt / equity
- 0.04x
- Dividend yield
- 0.52%
- EBITDA margin
- 19.34%
- 52-week range
- ₹1,900.05 – ₹3,342.35
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ratnamani Metals & Tubes Ltd (RATNAMANI) reported revenue of ₹4,494 crore, net profit of ₹534 crore and earnings per share of ₹68.85. That compares with revenue of ₹5,186 crore and net profit of ₹542 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,085 crore and net profit ₹116 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,139 | 4,474 | 5,059 | 5,186 | 4,494 |
| Net profit (₹ cr) | 323 | 512 | 625 | 542 | 534 |
| EPS (₹) | 46.03 | 72.83 | 88.85 | 77.61 | 68.85 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 11.58% | 13.53% | 15.82% | 2.52% |
| Profit growth | 14.93% | 13.45% | 21.48% | -13.36% |
| Stock price CAGR | 22% | 14% | 0% | -8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.77% of Ratnamani Metals & Tubes Ltd (RATNAMANI) (unchanged from the previous quarter), foreign institutional investors (FII) hold 10.72% and domestic institutional investors (DII) hold 19.13%. Market capitalisation was ₹18,862 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Kotak Midcap Fund 4.79%, Icici Prudential Multi-Asset Fund 4.76%, Nalanda India Fund Limited 3.85%, Sbi Small Cap Fund 3.04%, Nalanda India Equity Fund Limited 2.97%, Chunilal Fojaji Sanghvi 2.33%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.77% | - | 10.72% | 19.13% | 40.23% |
| Mar 2026 | 59.77% | - | 10.6% | 19.45% | 40.23% |
| Dec 2025 | 59.77% | - | 11.11% | 18.92% | 40.23% |
| Sep 2025 | 59.77% | - | 11.15% | 18.79% | 40.23% |
| Jun 2025 | 59.77% | - | 11.28% | 19.19% | 40.23% |
| Mar 2025 | 59.77% | - | 11.62% | 18.8% | 40.23% |
| Dec 2024 | 59.77% | - | 11.55% | 18.74% | 40.23% |
| Sep 2024 | 59.77% | - | 12.71% | 16.76% | 40.23% |