Is Ratnamani Metals & Tubes Limited a good investment? Ratnamani Metals & Tubes Limited (RATNAMANI.NS) is currently trading at 2619.40 INR. Market analysts have a consensus price target of 2659.80 INR. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 42.53. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Ratnamani Metals & Tubes Limited is expected to release its next earnings report on Nov. 5, 2026. The market consensus estimate for Forward EPS is 89.30.
For income investors, Ratnamani Metals & Tubes Limited pays a dividend yield of 0.35%. With a payout ratio of 23%, the dividend appears sustainable.
Yes, it pays an annual dividend of 10.00 INR (0.35% yield).
Ratnamani Metals & Tubes Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Nov. 5, 2026. The company currently has a trailing EPS of 61.60.
Ratnamani Metals & Tubes Limited engages in the manufacturing of stainless-steel pipes, tubes, and carbon steel pipes in India and internationally. The company offers stainless steel products, such as heat exchanger tubes, instrumentation seamless tubes, and stainless-steel pipes; nickel alloy seamless heat exchanger tubes; titanium welded tubes; carbon steel products, including ERW pipes and SAW pipes; pipe coating solutions; and spools, induction bends, fittings, hangers, and engineered support systems. It also provides boiler tubes, heat exchanger tubes, instrumentation tubes, coiled tubing, integral low finned tubes, hollow bars, and diameter electric fusion welded SS pipes, as well as carbon steel line and submerged arc welded pipes. In addition, the company is involved in the sale of power generated from windmills. It serves oil and gas, city gas distribution, slurry lines, water transportation, LNG, petrochemicals, thermal power, defense, aerospace, and nuclear and atomic energy industries. The company was incorporated in 1983 and is based in Ahmedabad, India.
| Year | Total Dividends |
|---|---|
| ▸2027 |
12.86 INR
|
| Sept. 8, 2027 (estimated) | 12.8617 |
| ▸2026 |
10.00 INR
|
| Sept. 17, 2026 | 10.0000 |
| ▸2025 |
14.00 INR
|
| Sept. 11, 2025 | 14.0000 |
| ▸2024 |
14.00 INR
|
| Aug. 29, 2024 | 14.0000 |
| ▸2023 |
12.00 INR
|
| Sept. 2, 2023 | 12.0000 |
| ▸2022 |
9.33 INR
|
| Sept. 8, 2022 | 9.3300 |
| ▸2021 |
14.00 INR
|
| Oct. 26, 2021 | 14.0000 |
| ▸2020 |
12.00 INR
|
| March 21, 2020 | 12.0000 |
| ▸2019 |
9.00 INR
|
| Sept. 8, 2019 | 9.0000 |
| ▸2018 |
6.00 INR
|
| Sept. 8, 2018 | 6.0000 |
| ▸2017 |
5.50 INR
|
| Oct. 12, 2017 | 5.5000 |
| ▸2016 |
3.67 INR
|
| April 11, 2016 | 3.6667 |
| ▸2015 |
5.50 INR
|
| Oct. 23, 2015 | 5.5000 |
| ▸2014 |
4.50 INR
|
| Oct. 11, 2014 | 4.5000 |
| ▸2013 |
4.00 INR
|
| Sept. 11, 2013 | 4.0000 |
| ▸2012 |
3.00 INR
|
| Oct. 26, 2012 | 3.0000 |
| ▸2011 |
2.50 INR
|
| Sept. 17, 2011 | 2.5000 |
| ▸2010 |
2.20 INR
|
| Sept. 1, 2010 | 2.2000 |
| ▸2009 |
1.40 INR
|
| Sept. 19, 2009 | 1.4000 |
| ▸2008 |
7.00 INR
|
| Sept. 29, 2008 | 7.0000 |
| ▸2007 |
5.00 INR
|
| Oct. 1, 2007 | 5.0000 |
| ▸2006 |
2.50 INR
|
| Aug. 31, 2006 | 2.5000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Ratnamani Metals & Tubes Limited | Sep 17, 2026 | Paid | 10.0 INR |
| Split Date | Split Ratio to 1 |
|---|---|
| Nov. 6, 2008 | 5:1 |
| June 30, 2022 | 1.5 |
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