Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India.[1]
- Market Cap ₹ 14,017 Cr.
- Current Price ₹ 2,000
- High / Low ₹ 2,141 / 1,260
- Stock P/E 36.3
- Book Value ₹ 338
- Dividend Yield 0.47 %
- ROCE 19.6 %
- ROE 15.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 20.8%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1,688 | 1,718 | 1,412 | 1,767 | 2,755 | 2,586 | 2,298 | 3,139 | 3,778 | |
1,388 | 1,431 | 1,155 | 1,501 | 2,348 | 2,159 | 1,898 | 2,644 | 3,203 | |
Operating Profit | 300 | 287 | 257 | 266 | 407 | 427 | 400 | 495 | 575 |
OPM % | 18% | 17% | 18% | 15% | 15% | 16% | 17% | 16% | 15% |
26 | 16 | 14 | 32 | 41 | 59 | 43 | 38 | 39 | |
Interest | 9 | 6 | 6 | 10 | 15 | 21 | 23 | 21 | 21 |
Depreciation | 54 | 57 | 60 | 61 | 62 | 59 | 57 | 80 | 80 |
Profit before tax | 262 | 240 | 205 | 228 | 371 | 406 | 363 | 431 | 514 |
Tax % | 34% | 31% | 30% | 33% | 32% | 24% | 24% | 25% | |
Net Profit | 173 | 165 | 144 | 152 | 253 | 308 | 276 | 323 | 386 |
EPS in Rs | 24.74 | 23.58 | 20.55 | 21.65 | 36.08 | 43.87 | 39.37 | 46.03 | 55.11 |
Dividend Payout % | 15% | 16% | 18% | 18% | 17% | 18% | 24% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 4% |
TTM: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 8% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 23% |
3 Years: | 35% |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | |
Reserves | 900 | 1,036 | 1,178 | 1,299 | 1,513 | 1,700 | 1,978 | 2,239 | 2,356 |
39 | 23 | 0 | 79 | 65 | 252 | 207 | 157 | 137 | |
279 | 250 | 226 | 360 | 465 | 584 | 422 | 557 | 559 | |
Total Liabilities | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,066 |
425 | 446 | 448 | 445 | 440 | 500 | 865 | 875 | 848 | |
CWIP | 42 | 48 | 38 | 47 | 179 | 371 | 76 | 107 | 145 |
Investments | 20 | 24 | 74 | 0 | 203 | 155 | 637 | 109 | 126 |
740 | 801 | 854 | 1,255 | 1,231 | 1,518 | 1,039 | 1,873 | 1,947 | |
Total Assets | 1,227 | 1,319 | 1,414 | 1,747 | 2,053 | 2,545 | 2,617 | 2,962 | 3,066 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
148 | 155 | 134 | -73 | 554 | 215 | 546 | -283 | |
-52 | -11 | -104 | 21 | -360 | -358 | -470 | 418 | |
-74 | -179 | -28 | 42 | -56 | 47 | -79 | -135 | |
Net Cash Flow | 23 | -35 | 3 | -10 | 137 | -96 | -3 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 48 | 83 | 110 | 115 | 61 | 52 | 64 | 70 |
Inventory Days | 112 | 95 | 141 | 184 | 113 | 185 | 133 | 193 |
Days Payable | 41 | 40 | 48 | 62 | 56 | 57 | 60 | 55 |
Cash Conversion Cycle | 119 | 138 | 202 | 237 | 118 | 180 | 137 | 208 |
Working Capital Days | 86 | 121 | 167 | 190 | 86 | 104 | 85 | 145 |
ROCE % | 25% | 19% | 18% | 26% | 24% | 19% | 20% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Depository and Participants) Regulations, 2018, please find enclosed herewith the confirmation certificate received from Link Intime India Private Limited, the Registrar and Transfer Agent of …
- Closure of Trading Window 28 Dec 2022
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Dec 2022 - Section 124(6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the Company …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
6 Dec 2022 - Company has recently received new Orders aggregating to Rs.262.52 Crores, details of the same are as under:- a) Domestic Orders aggregating to Rs.233.26 Crores; b) …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Nov 2022 - Letter dated November 9, 2022, had intimated to the Stock Exchanges about the schedule of the Investor Conference Call on Friday, November 11, 2022 post …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Jun 2019TranscriptPPT
Product Portfolio & revenue split
The company's product portfolio comprises Nickel Alloy/ Stainless steel seamless tubes & pipes, stainless steel welded tubes & pipes, titanium welded tubes, carbon steel pipes, etc. [1] In Q3FY22, 77% of the revenues were generated from the carbon steel segment and remaining 23% from the stainless steel segment. [2]