Ratnamani Metals & Tubes Ltd.

NSE: RATNAMANI BSE: 520111 SECTOR: Steel & Iron Products  59k   262   29

1933.10
-63.70 (-3.19%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 2029.75

Today's Low

₹ 1916

52 Week High

₹ 2511

52 Week Low

₹ 1408.13

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

13549.48 Cr.

Enterprise Value

13655.29 Cr.

No. of Shares

7.01 Cr.

P/E

31.54

P/B

5.42

Face Value

₹ 2

Div. Yield

0.48 %

Book Value (TTM)

₹  356.79

CASH

42.48 Cr.

DEBT

148.28 Cr.

Promoter Holding

60.1 %

EPS (TTM)

₹  61.29

Sales Growth

36.58%

ROE

15.23 %

ROCE

19.74%

Profit Growth

16.85 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year36.58%
3 Year4.44%
5 Year17.33%

Profit Growth

1 Year16.85%
3 Year8.42%
5 Year17.44%

ROE%

1 Year15.23%
3 Year16.4%
5 Year15.85%

ROCE %

1 Year19.74%
3 Year20.83%
5 Year21.37%

Debt/Equity

0.066

Price to Cash Flow

-49.86

Interest Cover Ratio

21.1651403208135

CFO/PAT (5 Yr. Avg.)

0.739820236300498

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 60.1 0
Sep 2022 60.1 0
Jun 2022 60.16 0
Mar 2022 60.16 0
Dec 2021 60.16 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 20.8275231330769% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 21.1651403208135.
  • Company has a healthy liquidity position with current ratio of 3.46995292270508.
  • The company has a high promoter holding of 60.1%.

 Limitations

  • The company has shown a poor profit growth of 8.42439147990859% for the Past 3 years.
  • The company has shown a poor revenue growth of 4.44429319617354% for the Past 3 years.
  • Company has negative cash flow from operations of -271.7402.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 927.01 974.06 976.8 899.82 1057.4
Total Expenditure 797.27 805.39 845.93 754.99 862.8
Operating Profit 129.73 168.67 130.88 144.83 194.6
Other Income 10.74 9.78 8.57 10.16 6.41
Interest 3.77 6.42 4.81 4.73 6.08
Depreciation 19.01 23.1 19.01 18.69 18.95
Exceptional Items 0 0 0 0 0
Profit Before Tax 117.7 148.92 115.62 131.58 175.99
Tax 28.63 37.31 28.82 32.83 43.57
Profit After Tax 89.07 111.61 86.8 98.75 132.42
Adjusted EPS (Rs) 12.71 15.92 12.38 14.09 18.89

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1766.75 2754.9 2585.68 2298.13 3138.78
Total Expenditure 1501.8 2348.66 2159.2 1899.19 2644.18
Operating Profit 264.96 406.25 426.47 398.94 494.6
Other Income 33.4 41.5 59.3 44.19 37.65
Interest 9.86 14.77 20.96 22.9 21.36
Depreciation 60.61 62.42 58.51 56.85 80.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 227.88 370.56 406.3 363.38 430.69
Tax 76.09 117.63 98.81 87.48 108.3
Net Profit 151.79 252.93 307.5 275.9 322.39
Adjusted EPS (Rs.) 21.66 36.09 43.87 39.36 46

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 9.35 9.35 9.35 9.35 9.35
Total Reserves 1298.67 1512.53 1698.8 1977.13 2237.59
Borrowings 0 0 175.63 145.58 96.27
Other N/C liabilities 42.89 43.22 41.46 56.64 52.2
Current liabilities 395.51 487.14 618.56 426.83 565.84
Total Liabilities 1746.42 2052.24 2543.78 2615.53 2961.24
Assets
Net Block 445.38 440.02 499.91 865.11 874.63
Capital WIP 46.91 178.6 371.46 76.32 106.79
Intangible WIP 0 0 0 0 0
Investments 0.06 0.06 0.06 0.06 0.06
Loans & Advances 13.32 9.6 23.37 9.2 12.55
Other N/C Assets 1 6.61 8.82 11.41 3.79
Current Assets 1239.76 1417.35 1640.16 1653.43 1963.42
Total Assets 1746.42 2052.24 2543.78 2615.53 2961.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 227.88 370.56 406.3 363.38 430.69
Adjustment 50 57.1 45.1 48.37 72.66
Changes in Assets & Liabilities -278.58 264.59 -129.82 190.48 -653.1
Tax Paid -72.21 -138.7 -106.19 -56.99 -121.99
Operating Cash Flow -72.91 553.55 215.4 545.25 -271.74
Investing Cash Flow 35.86 -360.19 -357.91 -469.87 406.24
Financing Cash Flow 41.62 -56.27 46.81 -78.79 -134.54
Net Cash Flow 4.57 137.08 -95.71 -3.41 -0.04

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 60.16 60.16 60.16 60.10 60.10
prakash m. sanghvi... 15.38 15.38 15.38 15.38 15.38
prakash m. sanghvi... - - - - -
jayanti m. sanghvi... 8.26 8.37 8.37 8.37 8.37
shantilal mishrima... 3.89 3.89 3.89 3.89 3.89
reshmidevi p. sang... 3.35 3.35 3.35 3.35 3.35
vimla pavan sanghv... 3.05 3.05 3.05 3.05 3.05
chunilal m. sanghv... 2.72 2.72 2.72 2.72 2.72
manoj p. sanghvi &... 2.07 2.07 2.07 2.07 2.07
nilesh prakash san... 2.00 2.00 2.00 2.00 2.00
shashi shantilal s... 1.79 1.79 1.79 1.79 1.79
prashant j. sanghv... 1.66 1.66 1.66 1.66 1.66
jigar prakash sang... 1.62 1.62 1.62 1.62 1.62
pavan sanghvi & v... 1.41 1.41 1.41 1.41 1.41
ravi pavan sanghvi... 1.24 1.24 1.24 1.24 1.24
shantaben babulal ... 1.13 1.13 1.13 1.13 1.13
prakashmal mishrim... - - - - -
sanghvi prakashma... - - - - -
sanghvi prakashmal... 1.09 1.09 1.09 1.09 1.09
babulal mishrimal ... 1.08 1.08 1.08 1.08 1.08
sanghvi shantilal ... 0.99 0.99 0.99 0.99 0.99
shobhnadevi jayant... 0.98 0.98 0.98 0.98 0.98
jayantilal m sangh... 0.98 0.98 0.98 0.98 0.98
sanghvi chunilal m... 0.88 0.88 0.88 0.88 0.88
chandra vijay sang... 0.76 0.76 0.76 0.76 0.76
chandra vijay sang... - - - - -
yash shantilal san... 0.67 0.67 0.67 0.67 0.67
usha m. sanghvi & ... 0.56 0.56 0.56 0.56 0.56
jitendra babulal s... - 0.53 0.53 0.53 0.53
jitendra babulal s... 0.53 - - - -
dimple manoj sangh... 0.45 0.45 0.45 0.45 0.45
sarika prashant sa... 0.37 0.37 0.37 0.37 0.37
babulal m. sanghvi... 0.30 0.30 0.30 0.30 0.30
pavankumar mishrim... 0.28 0.28 0.28 0.28 0.28
pinky jitendra san... 0.11 0.11 0.11 0.11 0.11
vijay c. sanghvi &... 0.11 0.11 0.11 0.11 0.11
sheetal j sanghvi 0.11 - - - -
shital jayantilal ... - - - - -
arunaben c. sanghv... 0.10 0.10 - - 0.10
arunaben c. sanghv... - - 0.10 0.10 -
mahendra c. sanghv... 0.09 0.09 0.09 0.09 0.09
sheetal nilesh san... 0.05 0.05 0.05 0.05 0.05
rishabh m. sanghvi... 0.05 0.05 0.05 0.05 0.05
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 39.84 39.84 39.84 39.90 39.90
nalanda india fund... 7.71 6.10 6.10 6.10 6.10
l and t mutual fun... - - 3.23 3.45 4.98
kotak emerging equ... - 2.56 2.60 2.65 2.89
l&t mutual fund tr... 2.70 - - - -
dsp small cap fund 2.44 2.44 2.44 2.44 2.44
chunilal fojaji sa... 3.29 3.29 3.29 3.29 3.29
divya vaghela 3.21 3.21 3.00 2.98 2.98
nalanda india equi... 3.13 3.13 3.13 3.13 3.13
l and t mutual fun... - 3.01 - - -
l&t mutual fund tr... - - - - -
dsp blackrock micr... - - - - -
dsp blackrock smal... - - - - -
saif india v fii h... 1.67 1.67 1.67 1.57 -
iepf 0.32 0.32 0.32 0.32 0.33

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Ratnamani Metals & Tubes informs about voting results21 Mar 2023, 12:24PM Ratnamani Metals - Quaterly Results13 Feb 2023, 6:28PM Ratnamani Metals - Quaterly Results13 Feb 2023, 6:28PM Ratnamani Metals & Tubes informs about award of new order6 Dec 2022, 3:03PM Ratnamani Metals & Tubes secures new orders worth Rs 262.52 crore6 Dec 2022, 12:57PM Ratnamani Metals & Tubes submits unaudited financial results10 Nov 2022, 5:08PM Ratnamani Metals - Quaterly Results10 Nov 2022, 3:01PM Ratnamani Metals - Quaterly Results10 Nov 2022, 3:01PM Ratnamani Metals - Quaterly Results10 Nov 2022, 3:01PM Ratnamani Metals & Tubes informs about loss of share certificates19 Oct 2022, 12:40PM Ratnamani Metals & Tubes to acquire stake in Ravi Technoforge6 Oct 2022, 10:50AM Ratnamani Metals & Tubes secures news order worth Rs 1186 crore 22 Aug 2022, 10:44AM Ratnamani Metals & Tubes informs about receipt of new orders22 Aug 2022, 10:02AM Ratnamani Metals - Quaterly Results9 Aug 2022, 4:28PM Ratnamani Metals - Quaterly Results9 Aug 2022, 4:28PM Ratnamani Metals - Quaterly Results9 Aug 2022, 4:28PM Ratnamani Metals & Tubes informs about board meeting1 Aug 2022, 4:36PM Ratnamani Metals & Tubes informs about newspaper publication13 Jul 2022, 1:15PM Ratnamani Metals & Tubes informs about minutes of the ordinary resolution4 Jul 2022, 12:58PM Ratnamani Metals & Tubes informs about award of order17 Jun 2022, 5:15PM Ratnamani Metals & Tubes bags new orders worth Rs 203 crore17 Jun 2022, 12:29PM Ratnamani Metals & Tubes informs about clarification 6 Jun 2022, 4:22PM Ratnamani Metals & Tubes informs about newspaper advertisement24 May 2022, 12:24PM Ratnamani Metals & Tubes informs about record date19 May 2022, 4:33PM Ratnamani Metals - Quaterly Results18 May 2022, 7:25PM Ratnamani Metals - Quaterly Results18 May 2022, 7:25PM Ratnamani Metals & Tubes planning to raise funds13 May 2022, 4:12PM Ratnamani Metals secures orders of Rs 206 crore6 May 2022, 2:29PM Ratnamani Metals & Tubes informs about compliance report20 Apr 2022, 5:07PM Ratnamani Metals & Tubes bags order worth Rs 338 crore 18 Apr 2022, 4:58PM Ratnamani Metals & Tubes informs about receipt of order18 Apr 2022, 3:16PM Ratnamani Metals & Tubes informs about compliance certificate2 Apr 2022, 10:50AM Ratnamani Metals & Tubes informs about closure of trading window30 Mar 2022, 2:51PM Ratnamani Metals & Tubes bags domestic order for Rs 591 crore21 Mar 2022, 2:15PM Ratnamani Metals - Quaterly Results8 Feb 2022, 5:41PM Ratnamani Metals - Quaterly Results8 Feb 2022, 5:41PM Ratnamani Metals - Quaterly Results8 Feb 2022, 5:41PM Ratnamani Metals & Tubes informs about conference call8 Feb 2022, 11:41AM Ratnamani Metals & Tubes informs about details of loss of share certificate 4 Jan 2022, 1:37PM Ratnamani Metals & Tubes informs about closure of trading window29 Dec 2021, 12:39PM Ratnamani Metals & Tubes secures new domestic, export orders10 Dec 2021, 2:33PM Ratnamani Metals & Tubes bags new domestic orders of Rs 297.87 crore 29 Nov 2021, 5:40PM Ratnamani Metals & Tubes informs about transcript of conference call8 Nov 2021, 12:43PM Ratnamani Metals & Tubes bags new order of Rs 98 crore 8 Oct 2021, 10:23AM Ratnamani Metals & Tubes secures various orders for Rs 144 crore5 Oct 2021, 4:43PM Ratnamani Metals & Tubes informs about receipt of order5 Oct 2021, 4:17PM Ratnamani Metals & Tubes bags domestic order of Rs 148.95 crore8 Sep 2021, 1:15PM Ratnamani Metals & Tubes informs about confirmation certificate6 Jul 2021, 1:56PM Ratnamani Metals & Tubes informs about disclosure of related party transactions9 Jun 2021, 11:58AM Ratnamani Metals & Tubes informs about annual secretarial compliance report3 Jun 2021, 2:24PM

Ratnamani Metals Stock Price Analysis and Quick Research Report. Is Ratnamani Metals an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ratnamani Metals has a PE ratio of 31.5616000261069 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ratnamani Metals has ROA of 11.5619873036815 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ratnamani Metals has a Current ratio of 3.46995292270508 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ratnamani Metals has a ROE of 15.2308820877187 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ratnamani Metals has a D/E ratio of 0.066 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Ratnamani Metals has an Inventory turnover ratio of 3.80973846881249 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Ratnamani Metals has reported revenue growth of 36.579529935515 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Ratnamani Metals for the current financial year is 15.757744767612 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ratnamani Metals is Rs 14 and the yield is 0.4784 %.

Brief about Ratnamani Metals

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