Ratnamani Metals & Tubes Ltd.
2,373.00
INR
-31.70
(-1.32%)
ISIN
INE703B01027
Return %
Stock
S&P 500
1Y
0.64
14.20
3Y
-11.75
81.12
5Y
61.32
68.34
Capital Structure
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Manoj Prakash Sanghvi
- Full Time Employees
- 3,319
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- The First Building, A & B Wing Ahmedabad GU India 380015
- IPO Date
- Mar 9, 1993
- Website
- ratnamani.com
- Similar Companies
- Business
- Ratnamani Metals & Tubes Limited, established in 1983 and headquartered in India, is a leading manufacturer and supplier of stainless steel and carbon steel pipes and tubes with a global presence spanning over 35 countries. The company’s core product portfolio includes stainless steel seamless and welded tubes and pipes, stainless steel instrumentation tubes, nickel alloy seamless heat exchanger and instrumentation tubes, titanium welded tubes, carbon steel pipes such as high-frequency electric resistance welded (HFW) pipes and submerged arc welded (SAW) pipes, pipe bends, fittings, and flanges. Ratnamani also offers specialized products like U-tubes used in heat exchangers and custom fabrication services, along with comprehensive testing and quality assurance facilities ensuring compliance with global standards. The company serves multiple industries including oil and gas, refineries, petrochemicals, pharmaceuticals, power generation, nuclear power, water management, and infrastructure development through its diversified product lines. Recently, Ratnamani Metals & Tubes Limited completed the acquisition of the remaining 40% stake of its Swiss subsidiary, Ratnamani Trade EU AG, making it a wholly owned subsidiary. This strategic move aims to strengthen Ratnamani’s market reach and operational control in Europe, facilitating exclusive trading and distribution of its stainless steel products across the region. The acquisition, finalized in September 2025 for EUR 400,000, follows earlier partial ownership and is aligned with the company’s international expansion strategy. Ratnamani Trade EU AG reported revenues of EUR 8.63 million in the fiscal year ending 2024, highlighting its growing influence in European markets. Additionally, the company has focused on expanding its production capabilities through its manufacturing plants located in Gujarat, India, and enhancing its supply chain and logistics to support global operations. Ratnamani operates predominantly in the steel tubing and piping industry, targeting energy, oil and gas, petrochemical, infrastructure, and water management sectors, supplying high-quality precision tubes and pipes that meet rigorous industry specifications. Its product suite is supported by specialized services such as coating solutions, both external and internal, inventory management, and logistics, positioning the company as a comprehensive solution provider in its domain. With a strong emphasis on quality and technological advancement, Ratnamani continues to innovate within the niche of stainless steel and carbon steel pipes and tubes, positioning itself as a key player in both domestic and international markets. The company’s strategic acquisitions and integrated operations underscore its commitment to growth and operational excellence in the global metals and tubes industry.