1. Is Ratnamani Metals & Tubes Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Ratnamani Metals & Tubes Ltd is a good quality company.
2. Is Ratnamani Metals & Tubes Ltd undervalued or overvalued?
The key valuation ratios of Ratnamani Metals & Tubes Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Ratnamani Metals & Tubes Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Ratnamani Metals & Tubes Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||17.9%||18.3%||19.2%||19%||17%||13.2%||11.6%||16.4%||17.1%||13.7%||-|
|Value Creation Index ⓘ||0.3||0.3||0.4||0.4||0.2||-0.1||-0.2||0.2||0.3||0.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-1.7%||12.6%||24.7%||1.8%||-17.8%||25.2%||55.9%||-6.1%||-11.1%||-|
|Adj EPS ⓘ||17.8||19.9||21.3||23.4||23.8||20.6||20.3||33.3||41.1||38.1||46|
|YoY Gr. Rt. %||-||12.1%||7.2%||9.9%||1.7%||-13.6%||-1.3%||63.8%||23.3%||-7.3%||-|
|BVPS (₹) ⓘ||76.2||92.6||109.3||129.6||149||169.3||186.6||217.1||243.7||283.4||321.2|
|Adj Net Profit ⓘ||124||139||149||164||167||144||142||233||288||267||322|
|Cash Flow from Ops. ⓘ||86.1||236||160||146||156||135||-72.9||554||215||545||-|
|Debt/CF from Ops. ⓘ||3.4||0.6||0.5||0.3||0.2||0||-1.1||0.1||1.2||0.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||8.8%||9.8%||23.2%||-7.3%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||25.5||23.5||21.1||19.6||17.1||12.9||11.4||16.5||17.8||14.4||15.2|
|Op. Profit Mgn % ⓘ||17.2||20.1||19.7||17.7||16.8||18.2||15||14.8||16.5||17.4||15.8|
|Net Profit Mgn % ⓘ||10.1||11.5||11||9.7||9.7||10.2||8.1||8.5||11.1||11.6||10.3|
|Debt to Equity ⓘ||0.6||0.2||0.1||0||0||0||0.1||0||0.2||0.1||0|
|Working Cap Days ⓘ||158||153||143||131||146||201||213||153||169||186||181|
|Cash Conv. Cycle ⓘ||95||107||87||78||94||142||157||107||111||126||129|
Net Profit is growing at healthy rate in last 3 years 23.24%
Sales growth is good in last 4 quarters at 40.80%
Return on Equity has declined versus last 3 years average to 15.20%
Sales growth has been subdued in last 3 years 9.16%
|TTM EPS (₹)||46||46|
|TTM Sales (₹ Cr.)||3,139||3,139|
|BVPS (₹.) ⓘ||321.2||321.4|
|Reserves (₹ Cr.) ⓘ||2,238||2,239|
|From the Market|
|52 Week Low / High (₹)||1236.67 / 1920.00|
|All Time Low / High (₹)||0.61 / 1920.00|
|Market Cap (₹ Cr.)||11,020|
|Equity (₹ Cr.)||14|
|Face Value (₹)||2|
|Industry PE ⓘ||5.3|
Since its inception in 1983, Ratnamani Metals & Tubes Ltd. is just not only manufacturing products but also delighting customers through its unmatched quality.
Over the span of time, Ratnamani has grown to become a multi-location, multi-product company providing critical tubing and piping solutions to diverse range of industries & niche markets in core sectors Viz., Oil & Gas, Refinery & Petrochemical, Dairy, Chemical & Fertilizer, Thermal, Solar & Nuclear Power, LNG, Desalination, Defense, Aerospace, Chillers & Cooling system, Pulp & Paper Industry, Automobile etc. Ratnamani has an impressive clientele comprising of major public, private and joint sector companies across the globe, who are leaders in their respective segments.
Business area of the company
The company is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in the state of Gujarat. The company caters both domestic and international markets.