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's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 0.00000
forwardPE 26.25259
debtToEquity 7.98300
earningsGrowth 0.00300
revenueGrowth 0.04700
grossMargins 0.33620
operatingMargins 0.13439
trailingEps 75.42000
forwardEps 0.00000

RATNAMANI's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
RATNAMANI's negative gross and operating margins reflect unprofitability, suggesting the company is unable to generate revenue sufficient to cover its costs. This could indicate deeper financial challenges or declining efficiency.

Price projections:

Price projections for RATNAMANI
Price projections for RATNAMANI

The gradual downward revision of RATNAMANI's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about RATNAMANI's growth potential.

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.