Ratnamani Metals & Tubes Ltd (BSE: 520111) is a Ahmedabad, Gujarat-based company in the Steel Pipes and Tubes industry. With a market capitalisation of ₹17,694 Cr, it ranks #402 by market cap among the 6,137 Indian listed companies on FinBizNet, and #5 of 22 in Steel Pipes and Tubes. At ₹2,312.80 (as of 25 Oct 2026), the share price is 30.9% below its 52-week high of ₹3,345.00 and 19.4% above its 52-week low of ₹1,936.50. The share price is down 0.1% over one year and down 3.4% over three months.
| Current Price | ₹2,312.80 |
|---|---|
| Market Cap | ₹17,694 Cr |
| BSE Code | 520111 |
| Sector | Materials > Metals and Mining > Processing |
| Sub-Industry | Steel > Steel Pipes and Tubes |
| P/E Ratio | 36.7 |
| Return on Equity | 13.58% |
| Return on Assets | 8.11% |
| 52-Week Range | ₹1,936.50 – ₹3,345.00 |
| 1-Year Price Change | -0.1% |
| 3-Month Price Change | -3.4% |
| Beta (1Y) | 0.88 |
| Dividend Yield | 0.40% |
| Headquarters | Ahmedabad, Gujarat |
| Website | www.ratnamani.com |
| Revenue | ₹972 Cr |
|---|---|
| Net Profit | ₹107 Cr |
| Net Margin | 11.0% |
| EPS (Basic) | ₹11.72 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
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 include seamless heat exchanger tubes, boiler tubes, instrumentation tubes, seamless pipes, heater pipes, seamless integral low-finned tubes, hollow bars, and coil tubes; and welded tubes and pipes, such as titanium welded tubes, seam-welded integral low, finned tubes, coil tubes, square and rectangular pipes, stainless steel 3lpe / pp /, and aro coated pipes. 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 solu
1. Segment Adjustment-This segment manufactures and sells steel tubes and pipes. 2. Steel Tubes and Pipes-0 3. Windmills-This segment is involved in the generation of power by windmills. 4. Adjustments & Elimination-0
1. Steel Tubes and Pipes-82.9% 2. Bearing Rings-8.4% 3. Pipe Spools and Auxiliary Support Systems-8.7%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Welspun Corp Ltd | ₹67,769 Cr | 42.3 | 18.91% | ₹4,081 Cr | +185.7% |
| APL Apollo Tubes Ltd. | ₹59,352 Cr | 49.2 | 25.31% | ₹5,607 Cr | +17.7% |
| Tube Investments Of India Ltd | ₹42,534 Cr | 65.9 | 10.20% | ₹6,215 Cr | -34.6% |
| Jindal Saw Ltd. | ₹19,215 Cr | 19.4 | 7.96% | ₹4,472 Cr | +15.3% |
| Ratnamani Metals & Tubes Ltd | ₹17,694 Cr | 36.7 | 13.58% | ₹972 Cr | -0.1% |
| Man Industries (India) Ltd. | ₹6,502 Cr | 38 | 9.23% | ₹1,053 Cr | +83.5% |
| Goodluck India Ltd | ₹5,918 Cr | 32.4 | 12.70% | ₹1,287 Cr | +26.3% |
| Sambhv Steel & Tubes Ltd | ₹5,082 Cr | 33 | 18.35% | ₹732 Cr | +42.9% |
| Electrosteel Castings Ltd. | ₹4,736 Cr | 28.5 | 2.76% | ₹1,426 Cr | -29.9% |
Listed by market capitalisation. Ratios are shown for context only.
Ratnamani Metals & Tubes Ltd is trading at ₹2,312.80, with a market capitalisation of ₹17,694 Cr.
Ratnamani Metals & Tubes Ltd operates in the Materials > Metals and Mining > Processing space (Steel > Steel Pipes and Tubes).
Ratnamani Metals & Tubes Ltd has a P/E of 36.7 and a return on equity of 13.58%.
Ratnamani Metals & Tubes Ltd is listed on the BSE under the scrip code 520111.
Ratnamani Metals & Tubes Ltd's share price is down 0.1% over one year and down 3.4% over three months. Its 52-week range is ₹1,936.50 to ₹3,345.00.
In Q1 FY27, Ratnamani Metals & Tubes Ltd reported revenue of ₹972 Cr and net profit of ₹107 Cr, with basic EPS of ₹11.72 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.