Elecon Engineering Company Ltd vs Ratnamani Metals Tubes Ltd Stock Comparison
Elecon Engineering Company Ltd vs Ratnamani Metals Tubes Ltd Stock Comparison
Last Updated on: May 05, 2026
Key Highlights
The Latest Trading Price of Elecon Engineering Company Ltd is ₹ 529.25 as of 05 May 15:30
. The P/E Ratio of Elecon Engineering Company Ltd changed from 12.3 on March 2021 to 24.3 on March 2025 . This represents a CAGR of 14.59% over 5 yearsThe P/E Ratio of Ratnamani Metals & Tubes Ltd changed from 32.2 on March 2021 to 33.2 on March 2025 . This represents a CAGR of 0.61% over 5 years The Market Cap of Elecon Engineering Company Ltd changed from ₹ 710.79 crore on March 2021 to ₹ 10077 crore on March 2025 . This represents a CAGR of 69.95% over 5 yearsThe Market Cap of Ratnamani Metals & Tubes Ltd changed from ₹ 8877 crore on March 2021 to ₹ 18083 crore on March 2025 . This represents a CAGR of 15.29% over 5 years The revenue of Elecon Engineering Company Ltd for the Mar '26 is ₹ 763.18 crore as compare to the Dec '25 revenue of ₹ 570.59 crore. This represent the growth of 33.75% The revenue of Ratnamani Metals & Tubes Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 1097 crore. This represent the decline of -100% The ebitda of Elecon Engineering Company Ltd for the Mar '26 is ₹ 73.82 crore as compare to the Dec '25 ebitda of ₹ 128.03 crore. This represent the decline of -42.34% The ebitda of Ratnamani Metals & Tubes Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 217.68 crore. This represent the decline of -100% The net profit of Elecon Engineering Company Ltd changed from ₹ 73.36 crore to ₹ 6 crore over 8 quarters. This represents a CAGR of -71.40%
The net profit of Ratnamani Metals & Tubes Ltd changed from ₹ 105.88 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The Dividend Payout of Elecon Engineering Company Ltd changed from 12.38 % on March 2021 to 13.2 % on March 2025 . This represents a CAGR of 1.29% over 5 yearsThe Dividend Payout of Ratnamani Metals & Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Elecon Engineering Company Ltd
Elecon Engineering Company Limited is a leading manufacture of mission critical Material Handling Equipment and Power Transmission Solution.
The Company is involved in the design and manufacturing of Material Handling Equipment and Industrial Gears and is providing erection and commissioning solutions for the products.
The Company works manufacturing operations based out of India, Sweden, UK, USA and The Netherlands with Sales Offices at Dubai and Singapore.
The company's products includes designing, engineering, manufacturing, supply, erection and commission of wagon tipplers, bucket wheel stacker or reclaimers, barrel-type blender reclaimers, fertilizer reclaiming scrapers, limestone pre-homegenizing and blending plants etc.
The Company was established in 1951 in Goregaon, Mumbai by Late Shri Ishwarbhai B.
About Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Limited (RMTL), a multi-product, multi location Public Limited Company incorporated on September 15, 1985, is providing total piping solutions to a diverse range of industries.
The Company has diverse product portfolio which includes Nickel Alloy/ Stainless Steel Seamless Tubes & Pipes, Stainless Steel Welded Tubes & Pipes, Titanium Welded Tubes, Carbon Steel Welded Pipes, Stainless Steel/Carbon Steel Pipes with Coating and Induction Bends.
It manufactures stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in Gujarat.
It caters to customers in domestic as well as overseas markets across AsiaPacific, Europe, Middle East and America.
RMTL commenced its production as a twin small-scale unit of stainless steel welded pipes & seamless tubes in the year of inception itself.
FAQs for the comparison of Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd
Which company has a larger market capitalization, Elecon Engineering Company Ltd or Ratnamani Metals & Tubes Ltd?
Market cap of Elecon Engineering Company Ltd is 11,789 Cr while Market cap of Ratnamani Metals & Tubes Ltd is 18,971 Cr
What are the key factors driving the stock performance of Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd?
The stock performance of Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd?
As of May 5, 2026, the Elecon Engineering Company Ltd stock price is INR ₹525.4. On the other hand, Ratnamani Metals & Tubes Ltd stock price is INR ₹2706.65.
How do dividend payouts of Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd compare?
To compare the dividend payouts of Elecon Engineering Company Ltd and Ratnamani Metals & Tubes Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.