Ratnamani Metals And Tubes logo

RATNAMANI - Ratnamani Metals And Tubes Share Price

₹1132.5 23.9  2.2%

Last Trade - 7:55am

Sector
Basic Materials
Size
Mid Cap
Market Cap £528.4m
Enterprise Value £516.2m
Revenue £263.5m
Position in Universe 316th / 3002
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +2.33%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -20.2%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
16,885 18,185 14,762 17,898 27,549 25,831 25,585 39,203 +8.9%
+20.5 -4.1 -13.3 +5.2 +66.8 +27.1 -6.81 +20.8
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Ratnamani Metals and Tubes Limited revenues decreased 6% to RS25.83B. Net income before extraordinary items increased 27% to RS3.21B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Dividend per share increased from RS9.00 to RS12.00. Basic Earnings per Share excluding Extraordinary Items increased from RS54.13 to RS68.80.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for RATNAMANI
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Ratnamani Metals and Tubes Limited is a holding company engaged in the manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. The Company's segments include Steel Tubes and Pipes, and Windmill. It 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. It is also engaged in the business of generation of power by windmills. It manufactures stainless steel seamless and welded tubes, and pipes. It offers high frequency welded (HFW) and submerged arc welded (SAW) carbon steel pipes. The coating lines manufactured by the Company include a range of coating on the steel lines. It offers coating options, including three-layer polyethylene, polypropylene fusion bonded epoxy (FBE) and internal epoxy coating. The Company offers products to oil and gas, petrochemicals and refineries, thermal, atomic energy, defense and aerospace industries, among others.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated September 15, 1983
Public Since March 9, 1993
No. of Shareholders: n/a
No. of Employees: 2,139
Sector Basic Materials
Industry Metals & Mining
Index
Exchange National Stock Exchange of India
Shares in Issue 46,728,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
RATNAMANI Share Price Performance
Share Price
Bid - Ask
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Latest News for RATNAMANI
Upcoming Events for RATNAMANI
Thursday 27th August, 2020
Ratnamani Metals and Tubes Ltd Annual Shareholders Meeting
Frequently Asked Questions for Ratnamani Metals and Tubes
What is the Ratnamani Metals and Tubes share price?

As of 7:55am, shares in Ratnamani Metals and Tubes are trading at ₹1132.5, giving the company a market capitalisation of £528.4m. This share price information is delayed by 15 minutes.

How has the Ratnamani Metals and Tubes share price performed this year?

Shares in Ratnamani Metals and Tubes are currently trading at ₹1132.5 and the price has moved by 19.19% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Ratnamani Metals and Tubes price has moved by 17.85% over the past year.

What are the analyst and broker recommendations for Ratnamani Metals and Tubes?

Of the analysts with advisory recommendations for Ratnamani Metals and Tubes, there are there are currently 2 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Ratnamani Metals and Tubes is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Ratnamani Metals and Tubes next release its financial results?

Ratnamani Metals and Tubes is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Ratnamani Metals and Tubes dividend yield?

The Ratnamani Metals and Tubes dividend yield is 1.08% based on the trailing twelve month period.

Does Ratnamani Metals and Tubes pay a dividend?

Last year, Ratnamani Metals and Tubes paid a total dividend of 12, and it currently has a trailing dividend yield of 1.08%. Looking ahead, Ratnamani Metals and Tubes has not announced an ex-dividend date yet.

When does Ratnamani Metals and Tubes next pay dividends?

Ratnamani Metals and Tubes has yet to annouce their ex-dividend date. The historic dividend yield on Ratnamani Metals and Tubes shares is currently 1.08%.

How do I buy Ratnamani Metals and Tubes shares?

To buy shares in Ratnamani Metals and Tubes you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Ratnamani Metals and Tubes?

Shares in Ratnamani Metals and Tubes are currently trading at ₹1132.5, giving the company a market capitalisation of £528.4m.

Where are Ratnamani Metals and Tubes shares listed? Where are Ratnamani Metals and Tubes shares listed?

Here are the trading details for Ratnamani Metals and Tubes:

Country of listing: India
Exchange: NSI
Ticker Symbol: RATNAMANI
What kind of share is Ratnamani Metals and Tubes?

Based on an overall assessment of its quality, value and momentum, Ratnamani Metals and Tubes is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Ratnamani Metals and Tubes share price forecast 2020?

Shares in Ratnamani Metals and Tubes are currently priced at ₹1132.5. At that level they are trading at 12.48% discount to the analyst consensus target price of 0.00.

Analysts covering Ratnamani Metals and Tubes currently have a consensus Earnings Per Share (EPS) forecast of 64.12 for the next financial year.

How can I tell whether the Ratnamani Metals and Tubes share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Ratnamani Metals and Tubes. Over the past six months, the relative strength of its shares against the market has been -6.05%. At the current price of ₹1132.5, shares in Ratnamani Metals and Tubes are trading at 6.66% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Ratnamani Metals and Tubes PE Ratio?

The Ratnamani Metals and Tubes PE ratio based on its reported earnings over the past 12 months is 16.11. The shares are currently trading at ₹1132.5.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Ratnamani Metals and Tubes?

Ratnamani Metals and Tubes's management team is headed by:

Prakash Sanghvi - CHM
Jayantilal Sanghvi - MDR
Shantilal Sanghvi - EDR
Divyabhash Anjaria - NID
Vinod Agrawal - NID
Pravinchandra Mehta - NID
Nidhi Gadhecha - NID
Jigar Shah - CCO
Who are the major shareholders of Ratnamani Metals and Tubes?

Here are the top five shareholders of Ratnamani Metals and Tubes based on the size of their shareholding:

Sanghvi (Prakash Mishrimal) Individual Investor
Percentage owned: 15.45% (7.22m shares)
Nalanda Capital Pte Ltd Private Equity
Percentage owned: 9.23% (4.31m shares)
Sanghvi (Jayantilal Mishrimal) Individual Investor
Percentage owned: 8.37% (3.91m shares)
L&T Investment Management Limited Investment Advisor/Hedge Fund
Percentage owned: 5.54% (2.59m shares)
Sanghvi (Shantilal Mishrimal) Individual Investor
Percentage owned: 3.89% (1.82m shares)
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