2,427.40
-1.16%
Close of 9 Nov 2026, in INR
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About Ratnamani Metals and Tubes
Its shares trade on NSE under the ticker RATNAMANI.NS. It has been listed since 9 March 1993. In the fiscal year to 31 March 2026, it reported revenue of ₹44.94bn and net income of ₹4.83bn. At that date it held total assets of ₹53.88bn and shareholders' equity of ₹41.11bn.
Ratnamani Metals & Tubes Ltd. is a holding company, which engages in the manufacturing of tube and tube fittings of basic iron and steel. The company is headquartered in Ahmedabad, Gujarat. The firm is engaged in manufacturing Stainless Steel and Welded Pipes and Tubes in India. The company has a product range that services approximately 20 user sectors. The firm provides critical tubing and piping solutions to diverse range of industries and niche markets in core sectors, such as oil and gas, refinery and petrochemical, dairy, chemical and fertilizer, thermal, solar and nuclear power, liquefied natural gas (LNG), desalination, defense, aerospace, chillers and cooling system, pulp and paper industry, automobile, and others. The Company’s manufacturing facilities are located in the state of Gujarat, India. Its manufacturing and testing facilities produces a range of nickel alloy/stainless steel seamless tubes and pipes, stainless steel welded tubes and pipes, titanium welded tubes, carbon steel welded pipes and stainless steel/carbon steel pipes with coating.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 9 Mar 1993
- Employees
- 2,637
- Website
- ratnamani.com ↗
Leadership
Pay as last reported
- Shri. Prakash SanghviExecutive Chairman of the Board, Managing Director, since 2018₹247.8m
- Shri. Manoj SanghviChief Executive Officer, Whole Time Director, since 2024
- Shri. Vimal KattaChief Financial Officer, Senior Vice President - Finance and Accounts, since 2021
- Shri. Anil MalooCompany Secretary, Legal Head and Compliance Officer
- Shri. Jayanti SanghviJoint Managing Director, Whole-Time Director, since 2003₹169.4m
- Shri. Prashant SanghviWhole Time Director, since 2024
- Shri. Shanti SanghviWhole-Time Director, since 2002₹141.4m
- Smt. Sangeetha ChhajedAdditional Non-Executive Independent Women Director
- Shri. Rajesh DesaiIndependent Non-Executive Director₹1.7m
- Shri. Ajendra ShahNon-Executive Independent Director
- Mr. Dhinal ShahIndependent Non-Executive Director₹1.9m
- Shri. Sushil SolankiIndependent Non-Executive Director₹1.9m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 65
- Environment
- 82
- Social
- 63
- Governance
- 50
- Direct emissions (scope 1)
- 8,628.53 t
- Energy emissions (scope 2)
- 30,101.86 t
- Women in the workforce
- 0.27379%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ratnamani Metals & Tubes Ltd. manufactures stainless steel welded pipes and tubes in Gujarat, India.
- The company serves 20 user sectors including oil and gas, refinery, and petrochemical industries.
- Its manufacturing facilities in Gujarat produce nickel alloy seamless tubes and pipes for critical applications.
Weaknesses
- The company's headquarters in Ahmedabad, Gujarat, may limit access to global markets.
- Ratnamani Metals & Tubes Ltd. has no presence in international markets beyond India.
- The firm's product range focuses solely on tube and tube fittings without diversification.
Opportunities
- Expanding into the growing LNG and solar power sectors in India offers new market opportunities.
- The increasing demand for stainless steel pipes in the defense and aerospace industries presents growth potential.
- Ratnamani Metals & Tubes Ltd. can leverage its manufacturing capabilities for the expanding nuclear power sector.
Threats
- Competition from domestic steel manufacturers in Gujarat poses a threat to market share.
- Rising raw material costs in the Indian Materials sector could impact profitability.
- Regulatory changes in the Indian Metals & Mining industry may affect operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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