Ratnamani Metals & Tubes Limited Share Price and Company Fundamentals



Price
₹1962
Change
21.750 (1.121%)
52 week
1237.0667 - 2140.6

Last traded: Last Friday at 9:59 AM

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions, such as food grade epoxy / polyurethane / coal tar epoxy / cement lining, and other prevalent coatings. Further, it is also involved in the generation of power by windmills. The company serves oil and gas, thermal power, chemical, fertilizer, sugar, paper, automobile, aeronautics, refinery, nuclear power, petrochemical, water distribution, food and dairy, pharmaceutical, defense, infrastructure, ship building, pumping station, and space industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

Key Metrics

PE ratio

35.79

PB ratio

5.84

Dividend yield

0.00%

Beta

0.61

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Steel / Basic Materials
Full time employees 2375
Website https://www.ratnamani.com
Mailing address The First, A & B Wing 9th Floor, Behind Keshav Baug Party Plot The First Avenue Road Off 132 Ft Ring Road, Vastrapur Ahmedabad 380015 India
Phone / Fax 91 79 2960 1200 / 91 79 2960 1210

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

16.93%

Ratnamani Metals & Tubes Limited paid ₹0.00 dividend and the ex-dividend date was 02 Aug 2022.The dividend payout ratio is 16.93%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RATNAMANI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

RATNAMANI's forward dividend amount is ₹9.33 and the forward dividend yield is 0.47%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Ratnamani Metals & Tubes Limited.

Name Title Age Total Pay
Mr. Prakash Mishrimal Sanghvi Chairman & MD 65 172.06M
Mr. Jayantilal Mishrimal Sanghvi B.Com Joint MD & Exec. Director 63 108.94M
Mr. Shantilal Mishrimal Sanghvi Whole Time Director 57 75.86M
Mr. Vimal Katta Sr. VP of Fin. & Accounts and CFO
Mr. Rajnikant S. Patel Sr. VP of Project & Operations
Mr. Arun J. Vora Technology Director
Mr. Anil C. Maloo Company Sec., Compliance Officer & Legal Head
Mr. Jigar Prakash Sanghvi Exec. of Marketing
Mr. Manoj Prakash Sanghvi Bus. Head of CS Pipes
Mr. Prashant Jayantilal Sanghvi Bus. Head of L.S.A.W.

Profitability and management effectiveness

Profit margin

10.23%

Operating margin

13.10%

Return on assets

10.73%

Return on equity

17.50%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Ratnamani Metals & Tubes Limited is and its enterprise value is .

The RATNAMANI's stocks Beta value is 0.61 making it 39% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Ratnamani Metals & Tubes Limited (NSE:RATNAMANI) Frequently Asked Questions

1. What is Ratnamani Metals & Tubes Limited's Stock Symbol?

Ratnamani Metals & Tubes Limited trades on NSE under the ticker symbol "RATNAMANI".

2. What is Ratnamani Metals & Tubes Limited's stock price today?

One share of RATNAMANI stock can currently be purchased for approximately ₹1962.

3. How can I contact Ratnamani Metals & Tubes Limited?

Ratnamani Metals & Tubes Limited's mailing address is The First, A & B Wing 9th Floor, Behind Keshav Baug Party Plot The First Avenue Road Off 132 Ft Ring Road, Vastrapur Ahmedabad 380015 India. The company can be reached via phone at 91 79 2960 1200.

4. What is Ratnamani Metals & Tubes Limited's official website?

The official website of Ratnamani Metals & Tubes Limited is https://www.ratnamani.com.