Ratnamani Metals & Tubes Ltd
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Ratnamani Metals & Tubes Ltd

RATNAMANI Share Price

BSE:520111

NSE:RATNAMANI

2461.3

94.90 (4.01%)

As on April 17, 2026 at 04:14 PM
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Performance

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2,366.40

2,349

36816

9.06

2

Fundamentals

17,258.05Cr

28.82

4.46

0.05

85.43

0%

552.36

About

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. During the year 1991, the company had established facilities for manufacturing stainless steel electric fusion welded [EFW] pipes. Again, the company added one more production portfolio, in the year 1995 Company's Carbon Steel SAW Pipes Division commenced commercial production. After two years, in 1997, RMTL had received API 5L Monogramming License. During the year 1999, the company's production of stainless steel tubes for Automobile Exhaust Systems was commenced. The first mobile plant for Narmada Canal Pipe Line Project under Government of Gujarat was executed the company in the year of 2000. During the year 2001, the company accredited to ISO 9002 for quality management system under Lloyd's Register Quality Assurance (LRQA). RMTL had received AD 2000 - Merkblatt W 0 Certification under RWTUV in the year 2002 and also in the same year, reconditioned as a well known Tube / Pipe Maker under IBR. The Company got approval from Nuclear Power Corporation of India Limited in the year 2003 for the supply of critical instrumentation seamless tubes & primary piping for nuclear reactors. Also, RMTL made up-gradation of ISO 9002 certification to ISO 9001-2000 under LRQA. During the year 2004, the company delivered duplex stainless steel seamless tubes as per SA 789 / UNS 31803 and UNS 32205 and RMTL took its enhancement of current capacity by establishing new manufacturing facilities at Kutch, Gujarat during the identical year of 2004. After a year, in 2005, RMTL had started manufacturing of welded cold drawn duplex steel tubes as per SA 789 / UNS 31803 and UNS 32205. During the financial year 2004-05, the Kutch project of the company commenced commercial production and production has stabilized for all the products except Hot Extruded Mother Pipes. In 2006, the company had obtained API Spec 5L approval for Kutch plant and in 2007, Kutch plants granted status of Well Known Pipe Maker by Central Boilers Board. During year 2009, 3Layer PE & Epoxy Coating Plant was commissioned. In 2015, the Company commissioned supply of Moderater Heat Exchanger Tubes and Instrumentation Tubes for Kakrapara and Rajasthan projects of NPCIL. It established product quality for supply of Incoloy 800 tubes. In 2020-21, the installed & commissioned European Extrusion Press of 4,500 MT to produce 10-inch diameter pipes having capacity of 20,000 MTPA. It commissioned L-SAW (Submerged Arc Welded) Pipe manufacturing facility with a capacity of 1,20,000 MTPA. Additional finishing line was installed to run production for Carbon steel ERW (Electric Resistance Welded) Pipes, thereby increasing the capacity to 1,25,000 MTPA. In 2021-22, Company commissioned and commercialized all new expansions like Electric Resistance Welded (ERW), LSAW (L-Submerged Arc Welded) and Stainless Steel (SS) Hot Extrusion. During year 2022-23, the Company acquired 53% Equity Shares in Ravi Technoforge Private Limited, Rajkot (RTL), Accordingly, RTL become subsidiary of the Company effective on October 28, 2022. It commissioned Hot Extrusion Press to produce Stainless Steel/ Nickel Alloy Seamless Pipes and commenced operation at L-SAW Plant to produce Line Pipe. Ratnamani Finow Spooling Solutions Private Limited, Ahmedabad was incorporated on September 27, 2023. Company entered into Joint Venture cum Shareholders Agreement with Saudi Electric Supply Company Limited (SESCO), Kingdom of Saudi Arabia, a Tamimi Group Company on April 10, 2025, for setting up a manufacturing facility for seamless products to serve KSA / GCC Customers in FY 2024-25.

1983

RATNAMANI

NameDesignation
P M SanghviChairman / Executive Director / M D / Promoter
J M SanghviED / Joint MD / Promoter
S M SanghviWTD & Executive Director
Manoj P. SanghviED / WTD / CEO / Promoter
Prashant J. SanghviWTD & Executive Director
Rajendra ShahIndependent Non Exe. Director
Sushil SolankiIndependent Non Exe. Director
Dhinal A. ShahIndependent Non Exe. Director
Rajesh G. DesaiIndependent Non Exe. Director
Sangeetha ChhajedIndependent Non Exe. Director
ANIL MALOOCS / Compliance Officer / Legal Head

Ratnamani Metals & Tubes Ltd FAQs

How do I Buy Ratnamani Metals & Tubes Ltd Shares?

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By opening a demat account and having your KYC papers confirmed online, you may simply purchase Ratnamani Metals & Tubes Ltd shares in BlinkX.

What is the Share Price of Ratnamani Metals & Tubes Ltd?

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The share price of any stock is volatile and changes during the day due to a variety of variables. Ratnamani Metals & Tubes Ltd's share price is ₹2461.3 as of 2026-04-19.

What is the PE ratio of Ratnamani Metals & Tubes Ltd?

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Ratnamani Metals & Tubes Ltd's P/E ratio is 28.82 times as of 2026-04-19.

What is the PB ratio of Ratnamani Metals & Tubes Ltd?

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Ratnamani Metals & Tubes Ltd's most recent financial reports indicate a price-to-book ratio of 4.46, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Ratnamani Metals & Tubes Ltd?

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Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Ratnamani Metals & Tubes Ltd's market capitalization is ₹17258.05 Cr as on 2026-04-19.

What is the ROE of Ratnamani Metals & Tubes Ltd?

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The current financial records of Ratnamani Metals & Tubes Ltd show a 16.68% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Ratnamani Metals & Tubes Ltd?

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According to Ratnamani Metals & Tubes Ltd's most recent financial filings, the company has a total asset value of ₹2953.4, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Ratnamani Metals & Tubes Ltd?

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The 52-week high/low price of a Ratnamani Metals & Tubes Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Ratnamani Metals & Tubes Ltd's 52-week high and low as of 2026-04-19 are ₹3050 and ₹1936.5, respectively.