RATNAMANI

Ratnamani Metals & Tubes Share Price

₹3,779.00
-35.15 (-0.92%)
  • Advice
  • Hold
18 September, 2024 02:44 BSE: 520111 NSE: RATNAMANI ISIN: INE703B01027

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Ratnamani Metals & Tubes Performance

Day Range

  • Low 3,750
  • High 3,820
₹ 3,779

52 Week Range

  • Low 2,510
  • High 3,979
₹ 3,779
  • Open Price3,754
  • Previous Close3,814
  • Volume25487

Ratnamani Metals & Tubes Chart

  • Over 1 Month + 7.69%
  • Over 3 Month + 11.03%
  • Over 6 Month + 43.04%
  • Over 1 Year + 40.76%

Ratnamani Metals & Tubes Key Statistics

P/E Ratio 44.6
PEG Ratio 6.8
Market Cap Cr
Price to Book Ratio 8.2
EPS 86.7
Dividend 0
Relative Strength Index 59.22
Money Flow Index 64.29
MACD Signal 59.05
Average True Range 102.41

Ratnamani Metals & Tubes Investment Rating

  • Master Rating:
  • Ratnamani Metals & Tubes has an operating revenue of Rs. 5,067.86 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 16% is great, ROE of 19% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 14% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% 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 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 100 indicates it belongs to a poor industry group of Steel-Specialty Alloys and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ratnamani Metals & Tubes Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,1101,4241,1991,0721,1121,436
Operating Expenses Qtr Cr 9561,1841,0058319131,144
Operating Profit Qtr Cr 155240194240199292
Depreciation Qtr Cr 222121202120
Interest Qtr Cr 597657
Tax Qtr Cr 345445574575
Net Profit Qtr Cr 105168134169137196
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 4,8534,401
Operating Expenses Annual Cr 3,9333,608
Operating Profit Annual in Cr 874762
Depreciation Cr 8476
Interest Annual Cr 2723
Tax Annual Cr 201180
Net Profit Annual Cr 609514
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 489317
Cash from Investing Activity Annual Cr -109-243
Cash from Financing Annual Activity Cr -208-83
Net Cash Flow Annual Cr 172-9
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,2212,699
Fixed Assets Annual Cr 1,1131,028
Total Non Current Assets Annual Cr 1,2491,156
Total Current Assets Annual Cr 2,5372,413
Total Assets Annual Cr 3,7863,569
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 460385
ROE Annual % 1919
ROCE Annual % 2525
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1918
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,1841,4961,2571,1311,1751,499
Operating Expenses Qtr Cr 1,0201,2501,0578869691,199
Operating Profit Qtr Cr 164246200245206301
Depreciation Qtr Cr 262525242425
Interest Qtr Cr 101213111014
Tax Qtr Cr 345545574675
Net Profit Qtr Cr 105192133164134192
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 5,1324,507
Operating Expenses Annual Cr 4,1623,699
Operating Profit Annual in Cr 897775
Depreciation Cr 9883
Interest Annual Cr 4531
Tax Annual Cr 203181
Net Profit Annual Cr 623510
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 511310
Cash from Investing Activity Annual Cr -145-208
Cash from Financing Annual Activity Cr -193-116
Net Cash Flow Annual Cr 173-13
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,1412,604
Fixed Assets Annual Cr 1,3121,204
Total Non Current Assets Annual Cr 1,3541,247
Total Current Assets Annual Cr 2,6662,533
Total Assets Annual Cr 4,0203,780
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 459382
ROE Annual % 2020
ROCE Annual % 2625
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1918

Ratnamani Metals & Tubes Technicals

EMA & SMA

Current Price
₹3,779.00
-35.15 (-0.92%)
pointer
  • Bullish Moving Average
  • ___
  • 12
  • Bearish Moving Average
  • ___
  • 4
  • 20 Day
  • ₹3,728.73
  • 50 Day
  • ₹3,630.87
  • 100 Day
  • ₹3,504.02
  • 200 Day
  • ₹3,303.31
  • 20 Day
  • ₹3,702.71
  • 50 Day
  • ₹3,631.07
  • 100 Day
  • ₹3,487.62
  • 200 Day
  • ₹3,332.23

Ratnamani Metals & Tubes Resistance and Support

PIVOT
₹3,783.07
Resistance
First Resistance 3,816.13
Second Resistance 3,853.27
Third Resistance 3,886.33
RSI 59.22
MFI 64.29
MACD Single Line 59.05
MACD 64.90
Support
First Support 3,745.93
Second Support 3,712.87
Third Supoort 3,675.73

Ratnamani Metals & Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 26,663 1,757,625 65.92
Week 76,016 5,285,365 69.53
1 Month 53,624 3,446,948 64.28
6 Month 53,225 3,535,187 66.42

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. 4806.77 Cr. and Equity Capital is Rs. 14.02 Cr. for the Year ended 31/03/2024. 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 26,734
Sales 4,805
Shares in Float 2.80
No of funds 137
Yield 0.37
Book Value 8.3
U/D Vol ratio 0.9
LTDebt / Equity 2
Alpha 0.06
Beta 0.85

Ratnamani Metals & Tubes Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 59.77%59.77%59.77%59.77%
Mutual Funds 16.14%15.75%15.96%16.3%
Insurance Companies 0.27%0.23%0.2%0.11%
Foreign Portfolio Investors 12.61%12.86%12.77%12.87%
Financial Institutions/ Banks
Individual Investors 9.19%9.29%9.08%9.06%
Others 2.02%2.1%2.22%1.89%

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. Sushil Solanki Independent Director
Mr. Dhinal A Shah Independent Director
Mr. Rajesh G Desai 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
2024-08-13 Quarterly Results
2024-05-16 Audited Results, Final Dividend & ESOP
2024-02-08 Quarterly Results
2023-11-02 Quarterly Results
2023-08-09 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 FAQs

What is Share Price of Ratnamani Metals & Tubes ?

Ratnamani Metals & Tubes share price is ₹3,779 As on 18 September, 2024 | 02:30

What is the Market Cap of Ratnamani Metals & Tubes ?

The Market Cap of Ratnamani Metals & Tubes is ₹26487.8 Cr As on 18 September, 2024 | 02:30

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

The P/E ratio of Ratnamani Metals & Tubes is 44.6 As on 18 September, 2024 | 02:30

What is the PB ratio of Ratnamani Metals & Tubes ?

The PB ratio of Ratnamani Metals & Tubes is 8.2 As on 18 September, 2024 | 02:30

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