Ratnamani Metals & Tubes Credit Rating
CRISIL upgraded Ratnamani Metals' long-term bank facility rating to AA+/Stable from AA/Positive and reaffirmed A1+ short-term. Total rated facilities are Rs.2,200 Crore.
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7 announcements
CRISIL upgraded Ratnamani Metals' long-term bank facility rating to AA+/Stable from AA/Positive and reaffirmed A1+ short-term. Total rated facilities are Rs.2,200 Crore.
Ratnamani reports a challenging Q1 FY27 with consolidated revenue of ₹971.63 Cr, down 15.6% YoY. Management focuses on capacity expansion and subsidiary growth despite standalone volume headwinds.
Ratnamani Metals & Tubes Ltd reported revenue from operations of ₹971.6 Cr (-15.6% YoY) and net profit of ₹107 Cr (-15.8% YoY) for Q1 FY27.
Ratnamani Metals & Tubes reported Q4 FY26 standalone sales of ₹893cr, down from ₹1,575cr due to lower Carbon Steel volumes and geopolitical headwinds, though margins remained stable.
Ratnamani Metals & Tubes reported Q4 FY26 consolidated revenue of ₹1,084.82cr and PAT of ₹115.91cr. Performance was impacted by subdued demand and lower capacity utilization, partially offset by strong subsidiary contributions.
Ratnamani Metals & Tubes Q4FY26 (Consolidated) revenue fell 36.7% YoY to ₹1,084.82cr; PAT dropped 42.9% to ₹115.91cr. Strategy focuses on subsidiary growth and capacity expansion in specialized pipe segments.
Ratnamani Metals & Tubes Ltd reported revenue from operations of ₹1,085 Cr (-36.8% YoY) and net profit of ₹115.9 Cr (-43.0% YoY) for Q4 FY26.