Ratnamani Metals & Tubes Ltd.
Snapshot View

2067.00 +21.75 ▲1.1%

26 July 2021, 10:03:00 A.M.
Volume: 170

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.ratnamani.com
Financial Indicators
Market Cap 9,557.04 Cr.
Earnings per share (EPS) 59.07 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 34.63 Trailing Twelve Months Ending 2021-03
Industry PE 19.75 Trailing Twelve Months Ending 2021-03
Book Value / Share 425.35 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.81 Calculated using Price: 2,045.25
Dividend Yield 0.68 Period Ending 2020-03
No. of Shares Subscribed 4.67 Cr. 46,728,000 Shares
FaceValue 2
Company Profile

Since its inception in 1983, Ratnamani Metals & Tubes Ltd. is just not only manufacturing products but also delighting customers through its unmatched quality.

Over the span of time, Ratnamani has grown to become a multi-location, multi-product company providing critical tubing and piping solutions to diverse range of industries & niche markets in core sectors Viz., Oil & Gas, Refinery & Petrochemical, Dairy, Chemical & Fertilizer, Thermal, Solar & Nuclear Power, LNG, Desalination, Defense, Aerospace, Chillers & Cooling system, Pulp & Paper Industry, Automobile etc. Ratnamani has an impressive clientele comprising of major public, private and joint sector companies across the globe, who are leaders in their respective segments.

Business area of the company

The company is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in the state of Gujarat. The company caters both domestic and international markets.

Product Lines

  • Stainless Steel
  • Nickel Alloy
  • Titanium Welded Tubes
  • Carbon Steel
  • Coating Solutions
  • Induction Bending

Milestones

  • 1983: Year of establishment.
  • 1985: Commenced production of stainless steel welded pipes & seamless tubes, as a twin small-scale units.
  • 1991: Established facilities for manufacturing stainless steel electric fusion welded [EFW] pipes.
  • 1993: Listed on Mumbai (BSE) & Ahmedabad Stock Exchange (ASE) 
  • 1995: Commenced production of submerged arc welded [SAW] pipes
  • 1997: Received API 5L Monogramming License
  • 1999: Commenced production of stainless steel tubes for sutomobile exhaust systems.
  • 2000: First Mobile plant, for Narmada Canal Pipe Line Project under Government of Gujarat.
  • 2001: Quality Management System accredited to ISO 9002 Under Lloyd’s Register Quality Assurance (LRQA).  Addition of API 2B Monogramming License
  • 2002: AD 2000 - Merkblatt W 0 Certification Under RWTUV Recognition as a well known Tube / Pipe Maker Under IBR
  • 2003: Pressure Equipment Directive [PED] Certification Under LRQA - Approval from Nuclear Power Corporation of India Limited for the Supply of Critical Instrumentation Seamless Tubes & Primary Piping for Nuclear Reactors - Up-gradation of ISO 9002 Certification to ISO 9001-2000 under LRQA 
  • 2004: Delivered Duplex Stainless Steel Seamless Tubes as per SA 789 / UNS 31803 and UNS 32205 - Officially Implemented Safety, Health & Environment Policy [SHE] - Enhancement of current capacity by establishing new manufacturing facilities at Kutch, Gujarat
  • 2005: Commenced manufacturing of Welded Cold Drawn Duplex Steel Tubes as per SA 789 / UNS 31803 and UNS 32205.
  • 2008: Vendor Approval with Saudi Aramco for Stainless Steel Seamless Tubes and SABIC
  • 2008: Successfully executed the order of Titanium Welded Tubes
  • 2008: Delivered Stainless Steel Welded HP Heater Tubes for 5 x 800MW (first UMPP) power project
  • 2008: Hot Extrusion of Duplex Mother Pipes
  • 2009: 3 LPE coating and internal coating plant installed for pipes from 6' to 64' diameter Pipes 2009 ERW plant upgraded for the size from 16' to 18' diameter
  • 2013: Hot Extrusion of UNS S32750, UNS N08825, UNS N08800 and 904L
  • 2013: Enhanced Stainless Steel Cold Finishing capacity at Indrad works
  • 2013: Received Vendor Approval from Saudi Aramco for Stainless Steel Seamless and Welded Pipes, Titanium Welded Tubes
  • 2013: Supply of 20 KM of DSS Pipes with 3LPP coating
  • 2013: Supply of Stainless Steel Seamless Tubes for Brahmos Aerospace in size 3 mm OD x 0.5 mm THK and above
  • 2013: 146' diameter HSAW Pipes manufactured
  • 2014: Supplied Stainless Steel Seamless Tubes for Aerospace industry to Snecma, France
  • 2014: Successfully executed order for prestigious project of ITER
  • 2014: Hot Extrusion and Cold Finishing of Nickel Alloy UNS N06625 for Refinery and UNS N08800 for Nuclear sector
  • 2014: Received first order from LNG sector for Supply of Stainless Steel Seamless Pipes with painting
  • 2014: Breakthrough in USA market for Supply of Stainless Steel Seamless & Welded Pipes for DOW Chemicals & Exxon Mobil’s Baytown Project
  • 2014: Developed ERW pipes of 18 meters in length at Kutch works and successfully executed 152 km ERW pipe order in 18 meters length for transport of ethane gas for a reputed chemical company in USA
  • 2014: 3 LPE coating and internal coating plant upgraded from 64' to 120' diameter pipes
  • 2014: Developed facility to manufacture 8NPS and 10NPS Diameter pipes in LSAW.
  • 2015: Developed LSAW Pipes Manufacturing facility up-to 32 mm thickness (Earlier Capacity was 25 mm thickness)
  • 2016: Supplied 24 meter long Seamless Tubes in size 12.7 mm OD with Special Chemistry for Heat Tracing application
  • 2017: Supply of Stainless Steel Welded Piggable Pipes
  • 2017: Breakthrough in LNG sector for Supply of Stainless Steel Welded Pipes
  • 2017: Supply of Stainless Steel Seamless Tubes for CNG Sector
  • 2017: Highest Order booking in Company’s History for the Stainless Steel Division
  • 2017: Highest Order booking in Company’s History for the LSAW Division
  • 2017: Highest Order booking in Company’s History for the HSAW Division
  • 2017: Introduced Induction Bending Facility for the pipe size ranging from 4” to 48” diameter
  • 2018: Ratnamani Metals & Tubes Ltd receives domestic order of Rs 82 crore
  • 2019: The company has received a domestic order for supply of welded carbon steel pipes
  • 2020: the Company became an approved supplier of Condenser Tubes in stainless steel as well as in titanium to one of the major international Atomic energy corporation

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.06%
1 Week
+0.36%
1 Month
+1.31%
3 Month
+7.71%
6 Month
+31.13%
1 Year
+97.83%
2 Year
+118.56%
5 Year
+297.46%
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 19.07 16.91 12.90 12.16 17.86 19.03
Return on Capital Employed (%) 28.63 24.44 18.73 18.46 25.90 24.08
Return on Assets (%) 14.14 12.99 10.54 9.60 13.31 13.38

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 909 1,045 1,188 1,309 1,523 1,709
Non Curr. Liab. 56 48 48 43 43 217
Curr. Liab. 261 225 178 396 487 618
Minority Int.
Equity & Liab. 1,227 1,319 1,414 1,747 2,053 2,545
Non Curr. Assets 492 502 502 507 635 904
Curr. Assets 736 817 911 1,241 1,418 1,641
Misc. Exp. not W/O
Total Assets 1,227 1,319 1,414 1,747 2,053 2,545

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,688 1,718 1,412 1,767 2,755 2,583
Other Income 26 17 15 33 42 62
Total Income 1,714 1,735 1,426 1,800 2,796 2,645
Total Expenditure -1,388 -1,432 -1,155 -1,502 -2,349 -2,159
PBIDT 326 303 271 298 448 486
Interest -9 -6 -6 -10 -15 -21
Depreciation -54 -57 -60 -61 -62 -59
Taxation -89 -75 -61 -76 -118 -99
Exceptional Items
PAT 173 165 144 152 253 308

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 148 155 134 -73 554 215
Cash Fr. Inv. -51 -10 -103 21 -360 -357
Cash Fr. Finan. -74 -179 -28 42 -56 47
Net Change 24 -34 4 -10 137 -95
Cash & Cash Eqvt 47 12 15 5 143 47

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 60.09 60.09 60.09 60.16 60.16 60.16 60.16 60.16 60.16
Public 39.91 39.91 39.91 39.84 39.84 39.84 39.84 39.84 39.84
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 07 Jul 2021
Shareholding for the Period Ended June 30 2021
Ratnamani Metals & Tubes Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 06 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- ANIL MALOO
Designation :- Company Secretary and Compliance Officer
Tue, 06 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Dear Sir/Madam

Pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participants) Regulations 2018 please find enclosed herewith the confirmation certificate received from Link Intime India Private Limited the Registrar and Transfer Agent of the Company for the quarter ended on June 30 2021.

Please take the above on your record.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 173,411.39 706.35 -1.5%
Tata Steel Ltd. 154,356.07 1,282.20 +0.0%
Steel Authority Of India Ltd. 52,271.80 128.30 +1.4%
Jindal Steel & Power Ltd. 40,571.14 410.65 +3.2%
APL Apollo Tubes Ltd. 20,214.42 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. 11,011.83 426.90 -1.1%
Tata Steel BSL Ltd. 9,720.67 88.70 -0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 21.92 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 20.61 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2021-03 12.60 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2021-03 7.70 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 56.13 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2021-03 13.06 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2021-03 3.86 88.70 -0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 3.72 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 2.11 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2021-03 1.15 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2021-03 1.28 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 11.96 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2021-03 2.21 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2021-03 0.46 88.70 -0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 1.31 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 1.20 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2020-03 1.30 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 1.15 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 0.31 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 0.47 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2020-03 0.91 88.70 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 18.97 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 10.87 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2020-03 4.75 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 -1.25 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 26.84 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 12.81 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2020-03 -3.42 88.70 -0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 15.56 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 11.98 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2020-03 7.31 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 5.63 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 27.78 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 10.35 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2020-03 2.91 88.70 -0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 79,839.00 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 156,294.18 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2020-03 61,664.16 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 36,917.48 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 8,499.75 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 4,362.89 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2020-03 18,199.14 88.70 -0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 7,872.00 706.35 -1.5%
Tata Steel Ltd. Consolidated 2021-03 7,862.45 1,282.20 +0.0%
Steel Authority Of India Ltd. Consolidated 2020-03 1,926.39 128.30 +1.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 -399.70 410.65 +3.2%
APL Apollo Tubes Ltd. Consolidated 2021-03 407.70 1,601.05 -1.2%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 340.33 426.90 -1.1%
Tata Steel BSL Ltd. Consolidated 2020-03 -628.49 88.70 -0.2%