| Revenue growth | FY26 consolidated sales ₹4,494cr, down 13% YoY. |
|---|---|
| Margins | EBITDA margins sustained; target 16-18% range long-term. |
| Order book | ₹2,160cr as of May 1, 2026 (Exports: ₹700cr). |
| Demand visibility | Inquiry levels improving; strong visibility from ₹2,160cr order book. |
| Management confidence | Confident in market position despite current global headwinds. |
Growth
FY26 consolidated sales stood at ₹4,494cr vs ₹5,186cr in FY25. Ravi Technoforge grew 33% to ₹377cr.
Outlook
FY27 standalone revenue target of ₹4,800-5,000cr. Guided 16-18% EBITDA margins and major expansion in Saudi Arabia.
Risks
Subdued demand, delayed project cycles, and Middle East conflicts impacting shipping costs and order inflows.
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.