Ratnamani Metals & Tubes Limited Logo

Ratnamani Metals & Tubes Limited

RATNAMANI.NS

(3.2)
Stock Price

3.618,25 INR

14.86% ROA

20.63% ROE

41.96x PER

Market Cap.

249.450.418.800,00 INR

4.58% DER

0.39% Yield

11.73% NPM

Ratnamani Metals & Tubes Limited Stock Analysis

Ratnamani Metals & Tubes Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ratnamani Metals & Tubes Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.26%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (37.110), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (10.84x) suggests it's overvalued, potentially making it an expensive investment.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Ratnamani Metals & Tubes Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ratnamani Metals & Tubes Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Ratnamani Metals & Tubes Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ratnamani Metals & Tubes Limited Revenue
Year Revenue Growth
2004 1.786.154.000
2005 3.160.293.000 43.48%
2006 3.160.293.000 0%
2007 5.654.928.000 44.11%
2008 9.391.588.000 39.79%
2009 8.368.623.000 -12.22%
2010 8.002.522.000 -4.57%
2011 12.217.402.000 34.5%
2012 11.540.165.000 -5.87%
2013 12.739.107.000 9.41%
2014 16.103.618.000 20.89%
2015 16.719.811.000 3.69%
2016 14.118.330.000 -18.43%
2017 17.671.942.000 20.11%
2018 27.549.032.000 35.85%
2019 25.831.395.000 -6.65%
2020 22.981.315.000 -12.4%
2021 31.219.108.000 26.39%
2022 44.744.030.000 30.23%
2023 45.248.220.000 1.11%
2023 50.590.963.000 10.56%
2024 47.347.868.000 -6.85%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ratnamani Metals & Tubes Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ratnamani Metals & Tubes Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 142.138.000
2005 260.272.000 45.39%
2006 258.185.000 -0.81%
2007 233.616.000 -10.52%
2008 365.431.000 36.07%
2009 331.754.000 -10.15%
2010 392.773.000 15.54%
2011 136.645.000 -187.44%
2012 29.652.000 -360.83%
2013 40.459.000 26.71%
2014 40.910.000 1.1%
2015 56.028.000 26.98%
2016 64.119.000 12.62%
2017 68.321.000 6.15%
2018 82.560.000 17.25%
2019 141.754.000 41.76%
2020 118.163.000 -19.96%
2021 153.214.000 22.88%
2022 184.049.000 16.75%
2023 0 0%
2023 206.103.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ratnamani Metals & Tubes Limited EBITDA
Year EBITDA Growth
2004 300.225.000
2005 636.393.000 52.82%
2006 718.472.000 11.42%
2007 1.390.575.000 48.33%
2008 1.961.021.000 29.09%
2009 1.552.403.000 -26.32%
2010 1.493.238.000 -3.96%
2011 2.156.218.000 30.75%
2012 2.538.545.000 15.06%
2013 2.693.307.000 5.75%
2014 3.219.760.000 16.35%
2015 2.986.565.000 -7.81%
2016 2.693.194.000 -10.89%
2017 2.946.127.000 8.59%
2018 4.427.159.000 33.45%
2019 4.687.743.000 5.56%
2020 4.182.101.000 -12.09%
2021 5.099.616.000 17.99%
2022 8.080.716.000 36.89%
2023 10.221.560.000 20.94%
2023 8.971.223.000 -13.94%
2024 6.561.332.000 -36.73%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ratnamani Metals & Tubes Limited Gross Profit
Year Gross Profit Growth
2004 485.953.000
2005 990.743.000 50.95%
2006 806.378.000 -22.86%
2007 1.711.730.000 52.89%
2008 2.568.366.000 33.35%
2009 2.216.353.000 -15.88%
2010 2.264.739.000 2.14%
2011 3.388.068.000 33.16%
2012 3.735.777.000 9.31%
2013 3.969.828.000 5.9%
2014 4.726.520.000 16.01%
2015 4.983.251.000 5.15%
2016 5.296.599.000 5.92%
2017 5.764.074.000 8.11%
2018 7.853.617.000 26.61%
2019 8.122.642.000 3.31%
2020 7.606.551.000 -6.78%
2021 9.350.625.000 18.65%
2022 15.287.439.000 38.83%
2023 17.489.776.000 12.59%
2023 13.741.551.000 -27.28%
2024 11.562.868.000 -18.84%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ratnamani Metals & Tubes Limited Net Profit
Year Net Profit Growth
2004 132.521.000
2005 335.427.000 60.49%
2006 335.427.000 0%
2007 641.781.000 47.73%
2008 712.033.000 9.87%
2009 814.271.000 12.56%
2010 821.135.000 0.84%
2011 943.132.000 12.94%
2012 1.359.500.000 30.63%
2013 1.428.082.000 4.8%
2014 1.734.510.000 17.67%
2015 1.627.982.000 -6.54%
2016 1.440.593.000 -13.01%
2017 1.517.689.000 5.08%
2018 2.529.189.000 39.99%
2019 3.075.440.000 17.76%
2020 2.760.036.000 -11.43%
2021 3.226.445.000 14.46%
2022 5.104.802.000 36.8%
2023 6.573.372.000 22.34%
2023 6.227.862.000 -5.55%
2024 4.205.376.000 -48.09%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ratnamani Metals & Tubes Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 2
2005 5 75%
2006 5 0%
2007 13 69.23%
2008 11 -30%
2009 12 16.67%
2010 12 -9.09%
2011 16 31.25%
2012 20 15.79%
2013 20 5%
2014 25 16.67%
2015 24 -4.35%
2016 21 -15%
2017 22 4.76%
2018 36 41.67%
2019 44 16.28%
2020 39 -10.26%
2021 46 15.22%
2022 73 36.11%
2023 94 22.58%
2023 89 -4.49%
2024 60 -48.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ratnamani Metals & Tubes Limited Free Cashflow
Year Free Cashflow Growth
2004 -89.045.000
2005 -770.075.000 88.44%
2006 -664.587.000 -15.87%
2007 553.744.000 220.02%
2008 1.361.065.000 59.32%
2009 -893.052.000 252.41%
2010 917.568.000 197.33%
2011 189.203.000 -384.96%
2012 1.763.371.000 89.27%
2013 799.241.000 -120.63%
2014 635.339.000 -25.8%
2015 145.610.000 -336.33%
2016 656.513.000 77.82%
2017 -1.434.972.000 145.75%
2018 3.869.946.000 137.08%
2019 -828.046.000 567.36%
2020 4.156.933.000 119.92%
2021 -4.274.672.000 197.25%
2022 1.685.868.000 353.56%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ratnamani Metals & Tubes Limited Operating Cashflow
Year Operating Cashflow Growth
2004 354.254.000
2005 90.597.000 -291.02%
2006 391.703.000 76.87%
2007 923.111.000 57.57%
2008 1.361.065.000 32.18%
2009 -893.052.000 252.41%
2010 917.568.000 197.33%
2011 913.141.000 -0.48%
2012 2.340.356.000 60.98%
2013 1.595.423.000 -46.69%
2014 1.484.638.000 -7.46%
2015 763.815.000 -94.37%
2016 1.317.683.000 42.03%
2017 -727.254.000 281.19%
2018 5.535.240.000 113.14%
2019 2.152.099.000 -157.2%
2020 5.455.493.000 60.55%
2021 -2.830.015.000 292.77%
2022 3.104.727.000 191.15%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ratnamani Metals & Tubes Limited Capital Expenditure
Year Capital Expenditure Growth
2004 443.299.000
2005 860.672.000 48.49%
2006 1.056.290.000 18.52%
2007 369.367.000 -185.97%
2008 0 0%
2009 0 0%
2010 0 0%
2011 723.938.000 100%
2012 576.985.000 -25.47%
2013 796.182.000 27.53%
2014 849.299.000 6.25%
2015 618.205.000 -37.38%
2016 661.170.000 6.5%
2017 707.718.000 6.58%
2018 1.665.294.000 57.5%
2019 2.980.145.000 44.12%
2020 1.298.560.000 -129.5%
2021 1.444.657.000 10.11%
2022 1.418.859.000 -1.82%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ratnamani Metals & Tubes Limited Equity
Year Equity Growth
2004 506.762.000
2005 816.533.000 37.94%
2006 1.405.666.000 41.91%
2007 2.301.286.000 38.92%
2008 2.882.016.000 20.15%
2009 3.647.233.000 20.98%
2010 4.369.857.000 16.54%
2011 5.324.855.000 17.93%
2012 6.467.140.000 17.66%
2013 7.665.353.000 15.63%
2014 9.093.446.000 15.7%
2015 10.412.724.000 12.67%
2016 11.877.821.000 12.33%
2017 13.088.386.000 9.25%
2018 15.227.509.000 14.05%
2019 17.091.558.000 10.91%
2020 19.875.602.000 14.01%
2021 22.483.159.000 11.6%
2022 26.759.738.000 15.98%
2023 32.161.999.000 16.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ratnamani Metals & Tubes Limited Assets
Year Assets Growth
2004 1.666.535.000
2005 2.733.636.000 39.04%
2006 5.155.998.000 46.98%
2007 5.986.960.000 13.88%
2008 7.148.650.000 16.25%
2009 8.525.635.000 16.15%
2010 9.828.727.000 13.26%
2011 10.143.825.000 3.11%
2012 10.286.879.000 1.39%
2013 11.476.081.000 10.36%
2014 12.270.121.000 6.47%
2015 13.007.245.000 5.67%
2016 14.138.340.000 8%
2017 17.472.623.000 19.08%
2018 20.531.228.000 14.9%
2019 25.445.711.000 19.31%
2020 26.165.879.000 2.75%
2021 29.624.801.000 11.68%
2022 37.802.829.000 21.63%
2023 40.198.327.000 5.96%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ratnamani Metals & Tubes Limited Liabilities
Year Liabilities Growth
2004 1.159.773.000
2005 1.917.103.000 39.5%
2006 3.750.332.000 48.88%
2007 3.685.674.000 -1.75%
2008 4.266.634.000 13.62%
2009 4.878.402.000 12.54%
2010 5.458.870.000 10.63%
2011 4.818.970.000 -13.28%
2012 3.819.739.000 -26.16%
2013 3.810.728.000 -0.24%
2014 3.176.675.000 -19.96%
2015 2.594.521.000 -22.44%
2016 2.260.519.000 -14.78%
2017 4.384.237.000 48.44%
2018 5.303.719.000 17.34%
2019 8.354.153.000 36.51%
2020 6.290.277.000 -32.81%
2021 7.141.642.000 11.92%
2022 11.763.786.000 39.29%
2023 8.036.328.000 -46.38%

Ratnamani Metals & Tubes Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
723.03
Net Income per Share
84.82
Price to Earning Ratio
41.96x
Price To Sales Ratio
4.92x
POCF Ratio
171.83
PFCF Ratio
171.83
Price to Book Ratio
7.94
EV to Sales
4.91
EV Over EBITDA
28.26
EV to Operating CashFlow
171.46
EV to FreeCashFlow
171.46
Earnings Yield
0.02
FreeCashFlow Yield
0.01
Market Cap
249,45 Bil.
Enterprise Value
248,91 Bil.
Graham Number
924.7
Graham NetNet
124.51

Income Statement Metrics

Net Income per Share
84.82
Income Quality
0.23
ROE
0.21
Return On Assets
0.15
Return On Capital Employed
0.23
Net Income per EBT
0.76
EBT Per Ebit
1.01
Ebit per Revenue
0.15
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.3
Operating Profit Margin
0.15
Pretax Profit Margin
0.16
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0.39
Payout Ratio
0
Dividend Per Share
14

Operating Metrics

Operating Cashflow per Share
20.71
Free CashFlow per Share
20.71
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.18
Return on Tangible Assets
0.15
Days Sales Outstanding
67.83
Days Payables Outstanding
36.7
Days of Inventory on Hand
139.04
Receivables Turnover
5.38
Payables Turnover
9.95
Inventory Turnover
2.63
Capex per Share
0

Balance Sheet

Cash per Share
42,17
Book Value per Share
458,85
Tangible Book Value per Share
456.06
Shareholders Equity per Share
448.06
Interest Debt per Share
26.93
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-0.06
Current Ratio
4.44
Tangible Asset Value
31,97 Bil.
Net Current Asset Value
18,62 Bil.
Invested Capital
33960514000
Working Capital
20,66 Bil.
Intangibles to Total Assets
0
Average Receivables
4,71 Bil.
Average Payables
1,78 Bil.
Average Inventory
6743477000
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ratnamani Metals & Tubes Limited Dividends
Year Dividends Growth
2006 3
2007 5 60%
2008 7 28.57%
2009 1 -600%
2010 2 50%
2011 3 0%
2012 3 33.33%
2013 4 25%
2014 5 0%
2015 6 20%
2016 6 0%
2017 6 0%
2018 6 16.67%
2019 9 33.33%
2020 12 25%
2021 14 14.29%
2022 23 39.13%
2023 12 -91.67%
2024 14 14.29%

Ratnamani Metals & Tubes Limited Profile

About Ratnamani Metals & Tubes Limited

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions, such as food grade epoxy / polyurethane / coal tar epoxy / cement lining, and other prevalent coatings. Further, it is also involved in the generation of power by windmills. The company serves oil and gas, thermal power, chemical, fertilizer, sugar, paper, automobile, aeronautics, refinery, nuclear power, petrochemical, water distribution, food and dairy, pharmaceutical, defense, infrastructure, ship building, pumping station, and space industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

CEO
Mr. Manoj Prakash Sanghvi
Employee
2.922
Address
The First, A & B Wing
Ahmedabad, 380015

Ratnamani Metals & Tubes Limited Executives & BODs

Ratnamani Metals & Tubes Limited Executives & BODs
# Name Age
1 Mr. Prashant Jayantilal Sanghvi
Whole Time Director & Business Head of L.S.A.W.
70
2 Mr. Rajnikant S. Patel
Senior Vice President of Manufacturing
70
3 Mr. Jigar Prakash Sanghvi
Executive of Marketing
70
4 Mr. Manoj Prakash Sanghvi
Whole Time Director & Chief Executive Officer
70
5 Mr. Anil C. Maloo
Company Secretary, Compliance Officer & Legal Head
70
6 Mr. Prakash Mishrimal Sanghvi
Chairman & MD
70
7 Mr. Jayantilal Mishrimal Sanghvi B.Com
Joint MD & Executive Director
70
8 Mr. Shantilal Mishrimal Sanghvi
Whole Time Director
70
9 Mr. Vimal Katta
Senior Vice President of Finance & Accounts and Chief Financial Officer
70
10 Mr. Arun J. Vora
Technology Director
70

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