Ratnamani Metals & Tubes Share PriceRatnamani Metals & Tubes

₹2567.4
-4.05 (-0.16%)
  • Advice
  • Hold
As on 27 September, 2023 | 11:40 BSE: 520111 NSE: RATNAMANIISIN: INE703B01027

Ratnamani Metals & Tubes Performance

Day Range

  • Low 2557.5
  • High 2594.6
2567.4

52 Week Range

  • Low 1831
  • High 2803.6
2567.4
  • Open Price2594.6
  • Previous Close2571.45
  • Volume3467

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Ratnamani Metals & Tubes Share Price

  • Over 1 Month 0.38%
  • Over 3 Month 9.72%
  • Over 6 Month 24.16%
  • Over 1 Year 32.47%

Ratnamani Metals & Tubes Key Statistics

P/E Ratio 32.3
PEG Ratio 0.6
Market Cap Cr 17,995
Price to Book Ratio 6.7
EPS 73.3
Dividend 0.5
Relative Strength Index 43.11
Money Flow Index 18.77
MACD Signal 19.27
Average True Range 85.77

Ratnamani Metals & Tubes Investment Rating

  • Master Rating:
  • Ratnamani Metals & Tubes has an operating revenue of Rs. 4,672.53 Cr. on a trailing 12-month basis. An annual revenue growth of 42% is outstanding, Pre-tax margin of 16% is great, ROE of 19% is exceptional. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 12% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 93 indicates it belongs to a poor industry group of Steel-Specialty Alloys and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ratnamani Metals & Tubes Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,1121,4361,057900977974
Operating Expenses Qtr Cr 9131,144863755846805
Operating Profit Qtr Cr 199292195145131169
Depreciation Qtr Cr 212019191923
Interest Qtr Cr 576556
Tax Qtr Cr 457544332937
Net Profit Qtr Cr 1371961329987112
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,4013,176
Operating Expenses Annual Cr 3,6082,644
Operating Profit Annual in Cr 762495
Depreciation Cr 7680
Interest Annual Cr 2321
Tax Annual Cr 180108
Net Profit Annual Cr 514322
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 317-272
Cash from Investing Activity Annual Cr -243406
Cash from Financing Annual Activity Cr -83-135
Net Cash Flow Annual Cr -90
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,6992,247
Fixed Assets Annual Cr 1,028981
Total Non Current Assets Annual Cr 1,156998
Total Current Assets Annual Cr 2,4131,963
Total Assets Annual Cr 3,5692,961
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 385481
ROE Annual % 1914
ROCE Annual % 2519
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1817
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,1751,4991,099900977974
Operating Expenses Qtr Cr 9691,199900755846806
Operating Profit Qtr Cr 206301199145131169
Depreciation Qtr Cr 242520191923
Interest Qtr Cr 10148556
Tax Qtr Cr 467544332937
Net Profit Qtr Cr 1341921339987112
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,5073,176
Operating Expenses Annual Cr 3,6992,644
Operating Profit Annual in Cr 775495
Depreciation Cr 8380
Interest Annual Cr 3121
Tax Annual Cr 181108
Net Profit Annual Cr 510323
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 310-283
Cash from Investing Activity Annual Cr -208418
Cash from Financing Annual Activity Cr -116-135
Net Cash Flow Annual Cr -130
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,6042,248
Fixed Assets Annual Cr 1,204981
Total Non Current Assets Annual Cr 1,247998
Total Current Assets Annual Cr 2,5331,965
Total Assets Annual Cr 3,7802,962
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 382481
ROE Annual % 2014
ROCE Annual % 2519
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1817

Ratnamani Metals & Tubes Technicals

EMA & SMA

Current Price
₹2567.4
-4.05 (-0.16%)
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹2641.34
  • 50 Day
  • ₹2594.31
  • 100 Day
  • ₹2488.41
  • 200 Day
  • ₹2316.25
  • 20 Day
  • ₹2666.77
  • 50 Day
  • ₹2624.35
  • 100 Day
  • ₹2479.22
  • 200 Day
  • ₹2276.44

Ratnamani Metals & Tubes Resistance and Support

PIVOT
₹2564.09
Resistance
First Resistance ₹2595.37
Second Resistance ₹2619.29
Third Resistance ₹2650.57
RSI 43.11
MFI 18.77
MACD Single Line 19.27
MACD -3.12
Support
First Resistance ₹2540.17
Second Resistance ₹2508.89
Third Resistance ₹2484.97

Ratnamani Metals & Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 20,134 1,129,115 56.08
Week 36,227 1,374,799 37.95
1 Month 31,077 1,405,591 45.23
6 Month 41,795 2,029,981 48.57

Ratnamani Metals & Tubes Result Highlights

Ratnamani Metals & Tubes Synopsis

NSE-Steel-Specialty Alloys

Ratnamani Metals is involved in the business activities of Manufacture of tube and tube fittings of basic iron and steel. Company’s Total Operating Revenue is Rs. 4370.03 Cr. and Equity Capital is Rs. 14.02 Cr. for the Year ended 31/03/2023. Ratnamani Metals & Tubes Ltd. is a Public Limited Listed company incorporated on 15/09/1983 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L70109GJ1983PLC006460 and registration number is 006460.
Market Cap 18,024
Sales 4,506
Shares in Float 2.80
No of funds 132
Yield 0.47
Book Value 6.68
U/D Vol ratio 1.5
LTDebt / Equity 2
Alpha 0.1
Beta 0.33

Ratnamani Metals & Tubes

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 59.77%60.06%60.1%60.1%
Mutual Funds 16.3%16.29%16.22%16.09%
Insurance Companies 0.1%0.06%0.06%0.09%
Foreign Portfolio Investors 12.79%12.77%12.51%12.51%
Financial Institutions/ Banks
Individual Investors 9.12%8.96%9.22%9.27%
Others 1.92%1.86%1.89%1.94%

Ratnamani Metals & Tubes Management

Name Designation
Mr. Prakash M Sanghvi Chairman & Managing Director
Mr. Jayanti M Sanghvi Joint Managing Director
Mrs. Shanti M Sanghvi Whole Time Director
Mr. Divyabhash C Anjaria Independent Director
Dr. VinodKumar M Agrawal Independent Director
Mr. Pravinchandra M Mehta Independent Director
Mr. Rajesh G Desai Independent Director
Mr. Sushil Solanki Independent Director
Mr. Dhinal A Shah Independent Director
Mrs. Nidhi G Gadhecha Independent Woman Director

Ratnamani Metals & Tubes Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ratnamani Metals & Tubes Corporate Action

Date Purpose Remarks
2023-08-09 Quarterly Results
2023-05-10 Audited Results, Final Dividend & A.G.M.
2023-02-13 Quarterly Results
2022-11-10 Quarterly Results
2022-08-09 Quarterly Results
Date Purpose Remarks
2022-07-01 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 2/-.

Ratnamani Metals & Tubes MF Shareholding

Name Amount(cr)
Kotak Emerging Equity Scheme Growth 33091
SBI Small Cap Fund Regular Plan Growth 20912
DSP Midcap Fund Growth 15053
Kotak Balanced Advantage Fund Regular Growth 15050
Kotak Small Cap Growth 12286
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  • Chg(%)
  • Company Name
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Ratnamani Metals & Tubes FAQs

What is Share Price of Ratnamani Metals & Tubes ?

Ratnamani Metals & Tubes share price is ₹2567 As on 27 September, 2023 | 11:26

What is the Market Cap of Ratnamani Metals & Tubes ?

The Market Cap of Ratnamani Metals & Tubes is ₹17995.4 Cr As on 27 September, 2023 | 11:26

What is the P/E ratio of Ratnamani Metals & Tubes ?

The P/E ratio of Ratnamani Metals & Tubes is 32.3 As on 27 September, 2023 | 11:26

What is the PB ratio of Ratnamani Metals & Tubes ?

The PB ratio of Ratnamani Metals & Tubes is 6.7 As on 27 September, 2023 | 11:26

Q2FY23