Ratnamani Metals & Tubes
2,324.40
+378.00(+19.42%)
Market Cap₹16,292.18 Cr
PE Ratio22.32
Company Performance:
1D+19.42%
1M+3.63%
6M+0.04%
1Y-10.81%
5Y+112.26%
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More news about Ratnamani Metals & Tubes
06Nov 25
Ratnamani Metals & Tubes Grants 5.74 Lakh Employee Stock Options Under ESOS 2024
Ratnamani Metals & Tubes Limited has approved the grant of 574,578 employee stock options under the RMTL ESOS 2024 scheme for Grant II. The options have an exercise price of Rs. 1,836.00 per option, with a face value of Rs. 2.00 each. The vesting period ranges from 1 to 5 years, with a 1-year exercise period after vesting. The scheme, compliant with SEBI regulations, was authorized by shareholders at the 40th AGM in August 2024. This move aims to incentivize and retain employees, aligning their interests with the company's long-term growth.
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25Sept 25
Ratnamani Metals Completes Acquisition of Swiss Subsidiary, Making it Wholly-Owned
Ratnamani Metals & Tubes Limited (RMTL) has acquired the remaining 40% stake in its Swiss subsidiary, Ratnamani Trade EU AG, for 400,000 Euros. The transaction, completed on September 24, 2025, involved purchasing 40,000 shares at 10 Euros each from Technoenergy AG. This acquisition transforms Ratnamani Trade EU AG into a wholly-owned subsidiary of RMTL. The Swiss entity, incorporated in December 2023, serves as an exclusive trading house for RMTL's stainless steel products in Europe. Since its inception, Ratnamani Trade EU AG has generated total net revenue of 1,23,63,713.20 Euros. This strategic move aims to strengthen RMTL's control over European distribution operations and enhance its market position in the region.
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18Sept 25
Ratnamani Metals Adjusts Stake in Subsidiary Ravi Technoforge to 75% Through Rights Issue
Ratnamani Metals & Tubes Limited (RMTL) has adjusted its shareholding in subsidiary Ravi Technoforge Private Limited (RTL) to 75% through a rights issue subscription. RMTL subscribed to 30,48,669 equity shares of RTL at Rs. 100 per share, totaling Rs. 30.49 crores. This move follows a Master Amendment Agreement capping RMTL's maximum stake at 75% while ensuring existing shareholders maintain at least 25% ownership. RTL, based in Rajkot, Gujarat, is a manufacturer of high-precision forged and turned components with a 39,000 MTPA capacity. The company reported revenue of Rs. 287.62 crores, EBITDA of Rs. 32.00 crores, and net profit of Rs. 10.07 crores.
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05Sept 25
Ratnamani Metals & Tubes Establishes Non-Profit Foundation for CSR Initiatives
Ratnamani Metals & Tubes Limited (RMTL) has incorporated Ratnamani Foundation, a Section 8 non-profit company, on September 5, 2025. The foundation, established in partnership with two RMTL subsidiaries, will serve as an implementing agency for CSR activities. Its objectives align with Schedule VII of the Companies Act, 2013, focusing on social and environmental initiatives. As a non-profit entity, the foundation will reinvest profits into its objectives and has applied for tax exemptions. RMTL has complied with regulatory requirements and disclosed the information to relevant stock exchanges.
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26Aug 25
Ratnamani Metals & Tubes Expands into Saudi Arabia with New Subsidiary
Ratnamani Metals & Tubes Limited (RMTL) has incorporated a new subsidiary, 'Ratnamani Middle East Company, LLC', in Dammam, Saudi Arabia. This joint venture with Saudi Electrical Materials Company Limited (SESCO) aims to manufacture seamless steel tubes and pipes locally. RMTL holds a 75% stake with an investment of 15 million Saudi Riyals. The venture's objectives include providing tubing solutions to Saudi Arabia and GCC countries, reducing import reliance, and enhancing local presence. SESCO will offer support in project implementation, market assessment, and compliance with local laws.
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01Aug 25
Ratnamani Metals & Tubes Appoints New Business Heads and Reports Strong Q1 Results
Ratnamani Metals & Tubes Limited has appointed Manjindersingh M. Randhawa as Business Head for the Stainless Steel Division and Dhirendra Mohan Sharma as Business Head for Carbon Steel Line Pipes Products, effective August 1, 2025. The company reported Q1 financial results with revenue of ₹115,162.04 lakhs, a 2.71% YoY decrease, but net profit increased by 20.07% to ₹12,713.48 lakhs. EPS rose to ₹18.81, a 24.49% increase. Steel Tubes and Pipes segment remained the primary revenue driver.
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01Aug 25
Ratnamani Metals & Tubes Reports Robust Q1 Profit Growth Despite Revenue Dip
Ratnamani Metals & Tubes Ltd announced Q1 financial results with consolidated revenue of ₹1,151.62 crore, slightly down from ₹1,183.70 crore year-over-year. Net profit increased by 32.44% to ₹132.44 crore. EBITDA rose to ₹188.00 crore with an improved margin of 16.34%. The Steel Tubes and Pipes segment remained the primary revenue generator at ₹1,061.76 crore. Total assets stood at ₹4,984.26 crore with liabilities at ₹1,186.83 crore as of June 30.
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09Jul 25
Ratnamani Metals & Tubes Ltd. Sees Major Block Trade Worth Rs. 72.69 Crores on NSE
A significant block trade of Ratnamani Metals & Tubes shares occurred on the National Stock Exchange. The transaction involved 250,057 shares traded at Rs. 2,907.10 per share, totaling Rs. 72.69 crores. This large-scale trade indicates continued interest in the company among institutional investors and large traders.
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04Jul 25
EU Reinstates Anti-Dumping Duties on Tube and Pipe Fittings, Impacting Global Trade
The European Union has reintroduced anti-dumping duties on tube and pipe fittings imported from Korea, Malaysia, and Russia following a comprehensive market review. This decision is expected to impact the global tube and pipe fitting industry, potentially leading to price adjustments, market share shifts, and supply chain reconfigurations within the EU market. The move underscores the EU's efforts to protect its markets from perceived unfair trade practices while balancing industry stakeholder needs.
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16May 25
Ratnamani Metals and Tubes to Issue NCDs Worth Up to ₹500 Crore
Ratnamani Metals and Tubes Ltd's board of directors has recommended the issuance of Non-Convertible Debentures (NCDs) up to ₹500.00 crore. This move is aimed at raising capital, potentially for expansion, debt refinancing, or working capital requirements. The company has opted for a fixed debt obligation rather than equity dilution, suggesting a strategic financial decision in the current market environment.
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16May 25
Ratnamani Metals & Tubes Reports Strong Q4 Performance with Improved EBITDA and Dividend Recommendation
Ratnamani Metals & Tubes announced robust Q4 financial results. EBITDA increased by 21.95% to ₹300.00 crore, with an improved EBITDA margin of 17.62%. Revenue grew by 14.64% to ₹1,715.00 crore, while net profit rose 4.17% to ₹200.00 crore. The company recommended a dividend of ₹14.00 per equity share.
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Ratnamani Metals & Tubes
2,324.40
+378.00
(+19.42%)
1 Year Returns:-10.81%
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