Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

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 and instrumentation tubes, and nickel alloy seamless pipes; 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 pipe coating solutions comprising external three layer polyethylene/polypropylene coating and single/dual layer fusion bonded epoxy coating; and internal coating solutions, such as internal liquid epoxy and cement mortar lining coatings. Further, it is involved in the generation of power from windmills. The company offers its products for various industries and applications, such as oil and gas exploration, LNG, food and dairy, fertilizer plants, thermal, solar and nuclear plants, defence, automobile, chemical, power plants, CNG, sugar, pulp and paper, petrochemicals and refineries, atomic energy, aerospace, desalination plants, pharmaceutical, marine, cross country pipe line for gas and water, pipes for engineering purpose, booster compressors and dispensers, water distribution pipelines, plumbing and heating, city gas distribution, structural pipe systems, sewerage, dredging pipes, mining pipes, air duct pipes, high mast pipes for wind mill towers, and general purpose applications. Ratnamani Metals & Tubes Limited was incorporated in 1983 and is headquartered in Ahmedabad, India.

Revenue projections:

Revenue projections for RATNAMANI
Revenue projections for RATNAMANI

With Ratnamani Metals & Tubes Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.000000
forwardPE 25.899359
debtToEquity 7.983000
earningsGrowth 0.003000
revenueGrowth 0.047000
grossMargins 0.336200
operatingMargins 0.134390
trailingEps 75.500000
forwardEps 0.000000

RATNAMANI's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
RATNAMANI's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.

Price projections:

Price projections for RATNAMANI
Price projections for RATNAMANI

Over time, RATNAMANI's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.

Recommendation changes over time:

Recommendations trend for RATNAMANI
Recommendations trend for RATNAMANI


Analysts have been favoring RATNAMANI with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning RATNAMANI as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.