| Revenue growth | FY26 Consolidated Revenue down 13.3% YoY. |
|---|---|
| Margins | EBITDA margins at 17.3% (Q4) and 19.6% (FY26). |
| Order book | Standalone order book at INR 1800+ crores. |
| Demand visibility | Muted current demand; enquiry levels improving across key markets. |
| Management confidence | Confident in long-term industry outlook and subsidiary momentum. |
Growth
Q4 Consolidated Revenue fell 36.7% YoY; PAT declined 42.9%. FY26 Revenue was ₹4,493.96cr vs ₹5,186.47cr in FY25.
Outlook
Order book stands at ₹1,800+ cr. Capex in Kutch, Odisha, and KSA for HSAW/CSAW/Seamless products through 2026-2027.
Risks
Subdued demand, lower capacity utilization, geopolitical tensions in Middle East, and under-absorption of fixed costs.
Earnings Call filed with BSE, NSE: RATNAMANI. Summary written with AI assistance from the document.
Ratnamani Metals & Tubes Ltd: key numbers
- Share price
- ₹2,511.50
- Market cap
- ₹17,604 Cr
- Revenue (annual)
- ₹4,494 Cr
- Net profit (annual)
- ₹482.6 Cr
- P/E (TTM)
- 44.2×Sector 17.1×
- Promoter holding
- 59.77%+0.00% QoQ
- FII holding
- 10.94%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ratnamani Metals & Tubes Ltd
All →Ratnamani Metals & Tubes Earnings Call Transcript: Key Takeaways
Consolidated revenue rose 13% and EBITDA margin was 16.3%, but freight and tariff costs squeezed profitability. Management held FY27 standalone guidance without new numbers.
Ratnamani Metals & Tubes Q2 FY27 Results: Net Profit ₹133.3 Cr, Down 14.6% YoY
Ratnamani Metals & Tubes Ltd reported revenue from operations of ₹1,348 Cr (+13.1% YoY) and net profit of ₹133.3 Cr (-14.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹133.3 Cr · -14.6% YoY
Ratnamani Metals & Tubes Board Meeting Date
Ratnamani Metals & Tubes intimated a Board meeting on 6 Nov 2026 to approve Q2 FY27 results. Trading window closes from 1 Oct to 8 Nov 2026.
Ratnamani Metals & Tubes Other Announcement
Ratnamani Metals & Tubes Ltd has filed its quarterly shareholding pattern as mandated under Regulation 31 of the SEBI Listing Regulations.
Ratnamani Metals & Tubes Debt & Borrowing: ₹50 Cr
RMTL intimated release of a ₹50 Crore corporate guarantee securing credit facilities to subsidiary RFSS at YES Bank. The guarantee, issued in 2024, has been discharged.
- Value
- ₹50.00 Cr
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.